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


To: ztect who wrote (952)11/14/1998 12:29:00 AM
From: Jeffrey S. Mitchell  Read Replies (2) | Respond to of 1754
 
Here are my questions:

1. On March 30, Heritage Ventures (HVL.A), under their CFO and current PINC board member Silvio Forigo, announced they had secured the rights to market the Millennium Bug Compliant Kit (MBCK).

a. Why did HVL.A stock go from .33 to .10 to halted since that date? chart.canada-stockwatch.com

b. How many copies of the MBCK did they sell? I doubt it was an average of 14,000 per month.

2. How much did PINC have to pay MSS in stock and cash to acquire the rights to the MBCK?

3. Re, the agreement with Pacific Dynamics: "According to company sources, this agreement is a firm commitment from Pacific Dynamics whereby Pacific Dynamics shall pay for any of the 50,000 units not distributed during the four month term of this contract. Pacific Dynamics is committed to distributing 5,000 units during the month of October, 10,000 units during the month of November, 15,000 units during the month of December, and 20,000 units during the month of January."
planetcity.com

a. October is over. Did Pacific Dynamics indeed sell and pay for 5,000 units (for $49.95 or thereabouts)?

b. How much does Pacific Dynamics have to pay per unit they don't sell after four months?

- Jeff



To: ztect who wrote (952)11/14/1998 4:22:00 AM
From: TENNET  Read Replies (1) | Respond to of 1754
 
Ztect, Rob, Susie,Austen and Planet City supporters,
Re: the current sales of the MBCK, I have been wondering if PINC
is gearing up in small ways now, getting ready for the Jan. 1999 rollover.
Many articles I have read say that Y2K problems may surface for many companies at that time, since their accounting projections are 1 year ahead. Check out this very interesting article:
y2ktimebomb.com

In my thinking the big move will begin when the media starts covering the problems(possibly 6 weeks away). This would be the time for PINC to be ready to strike in a bigger way, to have all the marketing channels ready now, but to
hold back some fireworks until things heat up. This possibly could also
be part of the AOL wait.
There will also be more of a psychological effect since we will be in 1999, and Y2K will seem imminent. Just a few thoughts.
Everyone have a great weekend,
T