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


To: Stephen who wrote (5203)5/19/1998 4:33:00 PM
From: Lane Hall-Witt  Read Replies (1) | Respond to of 8242
 
One of my assumptions about the low overhead ($150,000/month) has been that some of the partners -- Proxicom, Zagoren-Zozzora -- hold some of the restricted shares. I suspect they're taking on this project as an investment, deferring immediate payment in hopes of a more lucrative long-run position as equity partners. Otherwise, I would think the overhead would have to be much higher to pay for these services, even at this early stage of the game.

One thing I have liked about PNLK is that it seems like it's really under the direction of stakeholders. They'll be letting themselves down if they let us, their shareholders, down.