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Microcap & Penny Stocks : PINC - Planet City -- Software and Services -- Ignore unavailable to you. Want to Upgrade?

To: ztect who wrote (877)	11/7/1998 2:06:00 PM
From: Josef Svejk	Read Replies (1) \| Respond to of 1754

Humbly report, ztect, you may not have noticed, but everything I have said on this thread has been my OPINION, and has ALWAYS been stated as such. What I am at liberty to report, I have reported, in the form of questions, and will continue to do so. It is NOT up to me to answer those questions. It is the company's and investors' job to satisfactorily answer them. I have absolutely NO intention of contacting the company, and have stated so - repeatedly - along with my reasons. I have not contacted the SEC, and have no intention of contacting them, at present. If I do so, it's not necessarily any of your business. Should I choose to contact the SEC, it will be via e-mail, and my identity will therefore be known to them. I have stated here repeatedly that I have never had ANY position in PINC - long or short - PERIOD! Should my grave doubts regarding this company be proven wrong, I may choose to go long. I will not short PINC, as shorting has never been my investment strategy, here or anywhere else. I am NOT trying to manipulate anything. I'm asking questions and stating my opinions - PERIOD! That is what SI is for. Now that I've made myself perfectly clear, again, here are my primary problems with this company: 1. PINC is not a reporting company. Shares outstanding and float are not verifiable. Financials are not verifiable. Insider holding/selling is not verifiable. 2. Long ago announced AOL deal has not yet resulted in anything. 3. PINC has stated that 14,000 copies of the y2k software have been sold per month in the past. As Jeffrey S. Mitchell stated in #reply-6293171 :I was told by someone "close to ANKH" that perhaps all the distributors combined may have at one time gotten that many downloads, but that would have been for the free version of the program-- not the "professional" version that PINC has repackaged. 4. Survive 2000 offers marketing partnerships: kombu.com It is unclear if PINC is one of these partners or not, or an exclusive or non-exclusive distributor (one of many) of this software, or is offering an altered version of this software. It is therefore unclear whether MBCK is (or is not) the same/different thing as the software offered elsewhere, for example here: nic-nz.com 5. According to a PINC press release (#reply-5811096) Pacific Dynamics has a 50,000 unit sales agreement with PINC. It is unclear whether they purchased, paid for, and received the 50,000 units, or if this figure is a future sales target projection of some sort. Pacific Dynamics has a web site set up for MBCK, but other than containing description of MBCK that is almost identical to PINC's (http://www.pacd.com/mbckreview.htm) the rest of their site (http://www.pacd.com/mbck.htm) does not work. Not the Purchasing link, not the Distributorship link, none of them. The relationship between Pacific Dynamics and PINC is unclear, and so are Pacific Dynamic's rights and conditions to set up other distributorships. Pacific Dynamics is not listed anywhere. Their existence as a Limited Liability Corporation is evident only from their web site. They list two addresses (#reply-6323134) but only one phone number (#reply-6323513). Besides all of the above, I also have serious concerns due to well financed competing products, some of them free, as well as the veracity of the various "reports" and recommendations of PINC by entities I consider unreliable, but that is simply my opinion. As you can clearly see, none of the above is innuendo, an accusation, or a blatant attempt to manipulate the value of this particular equity, all of which you have wrongly accused me of doing. All of the above are simply legitimate concerns ANY investor should consider when investing in ANY company. All the best to ya! Cheers, Svejk proofsheet.com