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Microcap & Penny Stocks : ProNetLink..(PNLK) -- Ignore unavailable to you. Want to Upgrade?


To: Gerald Underwood who wrote (2487)5/7/1998 6:21:00 PM
From: jj  Respond to of 8242
 
So far Glenn has kept his word around here and IMO I'm sure he will do so once again. We can only sit back and wait... Who knows, maybe he got tied up doing something and hasn't been able to post. Come to think of it, he hasn't posted all day... Hmm
Nice day overall though... No complaints here!! Thanks all for the final bid/ask! Any thoughts about a gap up in the AM??

jj



To: Gerald Underwood who wrote (2487)5/7/1998 6:21:00 PM
From: Glenn Zagoren  Read Replies (7) | Respond to of 8242
 
FINANCIAL INFORMATION

I am listing here an outline of the company financial information. If you would like a copy please email my company (zagoren@aol.com) or call 212-688-8838 to have them mailed to you. I would post these to a news release but frankly, we are within a week of going live and we just don't have the time to start taking financial questions from the world. The numbers speak for themselves.
Thank you for your support.

As of May 7th, 1998

ASSETS
Cash on hand.............$335,314.40
Pre-paid expenses..........18,536.66
-------------
Total current assets......353,851.06

Fixed assets...............10,875.59

Other assets...............14,500.00
-------------
TOTAL ASSETS.............$379,226.65

Credit line..............$500,000.00
____________________________________
Total funds available....$879,226.65
____________________________________

LIABILITIES

Notes payable.............$50,000.00
Accrued Expenses............1,571.51
Taxes payable.................520.00
------------
TOTAL CURRENT LIABILITIES..52,091.51

Long term debt payable
over 5 years....................$347,200.00

Main expenses
Web development balance..........$27,460.00

Monthly expenses

Rent...............................6,000.00
ISP................................3,100.00
Payrole...........................24,500.00*
Telephone..........................1,000.00
Utilities............................750.00
insurance..........................1,500.00
Professional fees..................8,000.00
Interest expense...................3,013.00
Marketing.......................$100,000.00**

* Payrole is a function of number of members that sign up.
** Marketing is a function of number of members that sign up and is projected at 20% of gross revenues.

Glenn Zagoren
President
Zagoren-Zagoren, Inc.
Marketing firm for ProNetLink
212-629-6220

The forgoing is neither an offer to buy or a solicitation to sell securities. Any offer will be made only through an offering memorandum, prospectus or other appropriate offering document



To: Gerald Underwood who wrote (2487)5/7/1998 6:33:00 PM
From: Jay Plummer  Respond to of 8242
 
Gerald,
I just printed out a copy of the financial information. It looks SUPER to me. That's why I'm glad I bought more shares today. Thanks Mr.Zagoren for your promptness in getting this info out for us.

Jay