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Microcap & Penny Stocks : ProNetLink...PNLK...Click here to enter -- Ignore unavailable to you. Want to Upgrade?


To: ThePro who wrote (7370)12/21/1998 10:19:00 PM
From: SalmonMan  Respond to of 40688
 
Just as I start whining about lack of corporate correspondence, lo and behold.....fresh from the mailbox....ProNetLink Information Packet, including 15C2-11 form.

Now I just need some of you pros to tell me what it all means. I can't believe nobody here is talking about it, dissecting it piece by piece. HELLO....ARE WE AWAKE, or am I missing something? This is GOOD...I don't care what it says.

Any input, crew?

Jeff



To: ThePro who wrote (7370)12/21/1998 10:48:00 PM
From: SalmonMan  Respond to of 40688
 
Alright Crew, I will attempt to post some relevant points that even my novice eye can isolate:

1) Private offering occurred sept.,oct./98 - 4.2M shares @ 0.20/sh - "...to allow the Issuer to continue with its website development and marketing programs..."

2) Period July 25, 1997 - June 30, 1998: loss per share of common stock: 0.02

3) increase of AUTHORIZED common shares to 150M, and issuance of 5M shares of PREFERRED stock at 1.00 par value per share.......

4) SUBSCRIPTIONS RECEIVABLE (as of Oct.98) - $440,000 (I figure 1200+ annual memberships @ $360 per)

Included in a letter from JPC:

1) Expected date of Version 3.0 release - April 1999

2) Viewer response to August Q&A Webcast was "overwhelming."

3) Ads in Journal of Commerce reached 4M readers.

4) New trade booth - to attend "as many import/export trade shows as we can fit into our schedule."

Will be happy to post other further financial info at folks' request.....

jeff