Here is an excerpt from one of SOWL's messages a few week's back... this guy is totally in the know and a PLFM expert...
----------------------------------------------------------------
I have followed and invested in PLFM for over a year. During that year I have done hundreds of hours of research, read every PLFM chatboard (SI, CYber.., BobZ, etc), talked to PLFM PR, promoters, personnel, Howard Foote, competitors and others on a weekly, if not a daily basis. I am also a "major" investor in PLFM and have put together a group of investor friends who now own a fair percentage of the float. The information that I have about
Wenger came from this due diligence. The information that I posted in the past about the Space Division came from PLFM Space Division doucments that I requested and that were available to investors. The same is true for almost all info posted--it's public info, or publicly available info.
PLFM has a great PR team with Todd and Greg. There was a learning curve but I doubt if you'll find anyone more knowledgeable about PLFM than those two--except maybe Howard. Call them. Call Howard (although these days its pretty hard to get him). Read the thousands of back PLFM posts on SI and BobZ. And....good
luck!
------------------------------------------------------------
and then this message dated 4/19/98....
1. Why are $6 to $10 predictions in the next two months ridiculus? Brazil deal will bring in 100 million per year in hardware profit and royalties. Float of 20 or even 25 million shares gives $4-5 in earnings per share from Brazil deal alone. Even at a conservative PE ratio of 10 gives $40 to $50/share. This ignores other deals, Guatamala, Nigeria, India and others. This ignores the Space Division. Sure, big if with Brazil, but if Brazil
deal goes through, these are the numbers we'll be working with. Even if new JV is a 50:50 split, we will still be talking $20-25/share.
2. Does PLFM have infrastructure...? No, but JV partner does! Besides, that is why they have been subcontracting with Jet Propulsion Lab, Microsoft, Pictel, and others.
3. Another point, in reference to comment about knowing where PLFM is headed before the release. This may be quite true, but how do you know those same parties haven't been accumulating already? According to Todd and Paul Doast, many of the shares being purchased in the last two weeks have not been through hype, but have been by friends, family, associates of those same insiders and others previously mentioned.
4. Unless you believe that Todd and Greg have lied, you must assume that the information of a billion dollar US telecommunication company entering into a JV with PLFM is true. Ask yourself why such a company would align itself with the likes of PLFM if it did not believe in the company and its technology!
$6 to 10 dollars "borderline ridiculous"--I think not! Guaranteed--no! Possible--yes!
-----------------------------------------------------------------
This one dated 4/22/98...
1. Well, looks like the cats out of the bag. Cyberwhispers has disclosed JV Partner and it is not a 1 billion dollar telecommunications company--it's a 4 billion dollar telecommunications company.
2. Talked to IR today, Todd, and learned that tests completed yesterday on plane and systems with great success. All is ready for final show for Brazilians. Success yesterday may account for rise in price today!!
3. Also, most buys over the last week are supposedly coming from one of PLFM's two partners. Looks like one partner, the one who provided PLFM with 3 million in additional funding recently, is making a play to gain a controlling interest in the company. Another investor group has been formed to try to buy a larger block to prevent takeover. Looks like those that hold their stock are going to make out quite well, both on Brazilian contracts,
the upcoming Space Division, and now the battle for the float!
Trading float getting smaller. JV partners will be buying until they have controlling interest. The remaining shares are going to become a hot commodity by the time contract news is released.
----------------------------------------------------------------
This one from 4/23...
News of this deal and JV will hit national news --pending a successful test for Brazil and completion of contracts.
No one ever said there was a battle royal going on between JVs. My understanding is that they are working together, not against each other on this project. However, one JV partner has worked his way into PLFM management and now holds a large stake in company for his financial backing (restricted stock that cannot be traded for one year). He, and his "associates" are allegedly buying as many shares as possible prior to press releases to gain
controlling interest or joint control with Howard. If you call PLFM (909) 795-9596, the recording will say that Howard is in Texas--could that be the home of the person of whom I speak!
As far as the numbers not indicating a big time buyer--don't kid yourself. Who do you think brought the share price up from .20 cents over the last few weeks. If you wanted to quietly buy a large stake in a company would you go out and buy huge blocks--assuming huge blocks came on the market? No, you would have your broker and a number of other brokers and associates buy small orders, accumulating gradually. Quietly accumulating keeps the price
down and saves millions in the long run. It doesn't take long for 10,000 and 5,000 share trades to add up--especially if you are saving millions in the process. (Of course, those that sell at these bargain basement prices are the ones who suffer.)
Also, as far as ADC is concerned, the last thing anyone needs to do is to start bothering them. Its clear that they are the JV partner. But no one knows what the %s are. Their partnership may hinge on them obtaining their own contract in Brazil, or a successful testing and completion of PLFM's Brazilian contract--or both. Or maybe the whole things a done deal! If you have followed PLFM's history, one year ago Howard announced a JV with a large
aerospace company before the papers were signed and the company pulled out because of the leak. It's small wonder that no releases will be coming from PLFM on this JV. Why risk it. Let ADC announce the deal! Besides it will give PLFM that much more credibility!
As I and many others have said for some time now-relax and hold on. In a few more weeks we MAY be the proud holders of a tremendously valuable stock with a 100 million a year contract, a JV with ADC, a major international telecom player, huge potential other contracts worldwide, and enough money to pay for space launches within the year (not 7 years down the road)!
------------------------------------------------------------------
This one from 4/24...
Next deals are:
1. telecommunications: Nigeria, Guatamala, India, and possibly China
2. Space division: joint venture with Russia aerospace companies launching US satellites
3. Defense Division: marketing drone planes and manless flight technology
4. NASDAQ listing
5. Shareholder party? When we hit $6 or should we wait until $10!
------------------------------------------------------------------
So there is some good info for us PLFM holders!
The Mayor has spoken... |
