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


To: May Tran who wrote (9473)2/7/1999 10:26:00 AM
From: TsioKawe  Read Replies (1) | Respond to of 40688
 
Johnny My friend, Where did you recieve the unrestricted share status being August?? Was this a response from an EMail by the company?? Here is the Press release concerning this other Important issue Raised...Note the dates..and a question for anyone, what is the actual date of the agreement??

Wednesday June 24, 12:25 pm Eastern Time

Company Press Release

SOURCE: ProNetLink

ProNetLink(R) Management Announces Voluntary Stock Lock-Up

NEW YORK, June 24 /PRNewswire/ -- ProNetLink, www.pnlk.com, (OTC Bulletin Board: PNLK - news), the Webtool(SM) specializing in global import and export, announced today that the management of the company have signed a voluntary ''lock-up'' agreement that states that they will not sell any of their restricted stock to the public for a period of one year from the date of the agreement. Jean Pierre Collardeau, ProNetLink President and CEO and the other members of the executive staff control 16,500,000 shares of restricted stock.

''We want to show to the market and our investors that we are behind ProNetLink and we are here for the long term,'' said Mr. Collardeau. ''Our goal is to build the most comprehensive import-export tool on the internet. ''

The stock certificates will be held by the company's counsel, Leon B. Lipkin.

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Also make a note that the company also managed to get another 100 million shares Authorized since this announcement was made, when, what, and how these additional authorized shares will be used has not been addressed..and are these considerd restricted shares or not??