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

To: TEDennis who wrote (1369)	4/10/1999 8:53:00 PM
From: JIM FEN	Respond to of 1754

Terry Thanks for this update !!!! i have a small position in pinc and this gives me great confidence in pinc and you i am looking forward to all that you bring with you as Our new CEO JIM FEN

To: TEDennis who wrote (1369)	4/11/1999 1:18:00 PM
From: Razorbak	Read Replies (1) \| Respond to of 1754

The Slippery Slope of Sloppy Corporate Disclosure Terry, these are your words on 4/5/99: <<Audited Financials will be posted on our corporate web site as soon as we receive them, which our auditors assure us will be by the end of this week.>> Compare that to your latest words on 4/10/99: <<Regarding Audited Financials: Friday afternoon, our auditors on the West coast gave us one last question to be answered. Unfortunately, the answer needs to come from our Montreal accounting office, which is in a time zone that is hours ahead of the auditors. Our accounting office had already closed for the day before the question was asked. The outstanding question will be answered on Monday morning, and then the auditors can finish their report.>> Above is an example of the very reason why I suggested that you include some Safe Harbor boilerplate at the end of each of your posts that contain forward looking statements. This particular example is a relatively minor hiccup, but some of the following statements may reach up and bite you in the @ss down the road... <<After the audit is completed, we will begin the process of becoming a Fully Reporting Company under SEC guidelines. This process should be completed long before the required time frame for our company with respect to recent changes in SEC regulations requiring all OTC:BB companies to be Fully Reporting.>> <<The remaining terms of that contract are unfulfilled. We are contemplating legal action, and therefore I can say no more currently regarding that situation.>> <<MZD had subcontracted the Public Relations to S&S Communications. We were pleased with S&S' involvement, and are considering a longer term relationship with them, particularly with respect to our financial PR. I am personally researching this situation, and will post any developments as they occur.>> <<Regarding Wall Street Research Group (WSRG): We currently have a 6 month advisory agreement with them. At the end of that 6 month period, future involvement will be considered, and any decision to continue the association will be based on value perceived to that date.>> <<I am personally following up on other questions brought up by members of this board and other forums. They include the AOL-Canada agreement, and the WebChoice agreement, among others. I will provide a status update on those as I gain comprehension of the issues surrounding them.>> <<I am also putting together a master plan that will provide the organizational structure required to meet our current marketing/sales plans for the MBCK and eCommKit, as well as the ability to handle additional activities yet to be announced. These plans include short term activities to take us through the transitional growth stage we are currently in, and long term plans to tackle the post-Year2000 challenges that await us.>> IMHO, you're unwittingly playing with fire, and you should seriously re-consider your decision to not use the Safe Harbor boilerplate. Razor