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Microcap & Penny Stocks : PLFM - Undervalued with great potential -- Ignore unavailable to you. Want to Upgrade?

To: David W who wrote (2144)	5/7/1998 10:27:00 PM
From: Kenny	Read Replies (1) \| Respond to of 9096

Just a repost of the conference call back on Feb 11, 1998. ALL PLFM INVESTORS!!!!! Here is my summary of what took place today on a conference call that lasted from about 3:40pm to 4:20pm... Do NOT flame me for mistakes in spelling or the like... (the following all on the call) Howard Tald is the CEO.. John Delkart is responsible for Contracting Negotiations Russ Girsting is on the Board of Directors John: In charge of currently negotiating contracts in Central and South America. He is most concerned with protecting PLFM's technology and this is why they have been very slow in SIGNING contracts thus far. They also want to maximize continuious royalties rather than simply selling out a one time offer to their technology rights. They are working on their current deployment of a high altitude aircraft that can offer and does offer complete communication/telecom capabilities to an undisclosed circumference. The way it works is that this plane will take off from a local airport in a given third world country and fly around providing telecom accesss to areas that would otherwise NOT have it such as internet and phone service. The testing is complete and the system works and works very very well.. Again the company is working on negotiating contracts to create an income stream rather than a one time profit sale. Contracts should be signed within a few days.. or at best a few weeks.. but he wanted to asssure us that if it takes longer it's because they don't have the BEST DEAL agreed upon yet. The plane should be ready to deploy in Brazil and ready for service by July 1998. They are focusing also on markets in Guatamala and are working with the BRAZIL "FCC" as we call it. RUSS: By July all TesGelespie telecom plants/services will be cut off except for 2 creating a new market for competition. This must be their local carriers.. PLFM would deliver communications into dead zones + that local gov't would take only 10% of gross. They mentioned having over 1milliion internet subscribers that could be our customers. Howard: Is continuing to oversee communications demos to the Brazil gov't and companies. Says demos are so far going very well and have drawn BIG attention. John: could have fully mobile communications within 60 days. PLFM goes where phone, cable, fiber cannot due to terrain, dense population.. etc. it's the optimal choice for these 3rd world countries. Howard: PLFM will not undersell local competition or offer specials. They will be competitive and are working currently with BILLION $$$$ companies for support and possible partnerships/alliances/contracts. Goal of becoming a reporting company by q2 1998. Need these contracts signed first and start generating some serious revenues. No formal plan currently for a stock buyback.. but there have been talks of doing one to purchase up to 50% of current float ie: 7million.. float is est: 14-16million right now at as much as $1.00 per share!! Says stock has taken a beating from ignorant investors and SHORTS. The CEO's pay rate is $6000 month so he's not hording all the money fyi. Howard: Business with Microsoft possible as they move forward and he thinks PLFM will be a FORTUNE 50 company in the future.. you heard me right.. 50!... take it at face value.. as we have a long way to go.. John: The Jet Propulsion Agency is currently working with PLFM on its functions and business developments ... JPL does NASA projects... good!