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


To: xyz who wrote (19482)6/5/1999 4:10:00 AM
From: FlatTaxMan  Read Replies (1) | Respond to of 40688
 
I believe that they would have to refile if not sold within 90 days. Since some of these filings were quite large it does take some time to sell that many shares. You can't dump them all at once without adversely affecting the stock. I believe that there are restrictions on how these particular shares are handled. During the last year there have been some rather large blocks that have been sold in the early mornings.



To: xyz who wrote (19482)6/5/1999 11:24:00 AM
From: TsioKawe  Respond to of 40688
 
While I have the chance to speculate and give my view on the issues of the past few weeks I will say the following:

Advertising costs and methods of payments are an earlier issue raised. Here is my opinion. I believe pronetlink.com is not going this alone. We have closed our minds a bit in the wait. With the strategic alliances PNLK is associated with I believe they will also be a player in the Advertising and marketing campaign this month. why let this chance slip away, AT&T B2B Networking hasnt done much in the form of national TV Advertising. AON, UPS, Unz & Co., Reuters, Dow Jones news, and Biz Advantage are more likely to want exposure through the Televised commercials. Isnt the Idea behind alliances to bring in business and global exposure through ProNetLinks global portal?

The question has arisen about the 144s, wether they are being sold or not is a constant subject. These 144s are not Insiders, but Investment folks purchasing restricted shares and if they are being sold then being added to the float. This would be a concern to the stock price as it is dilution if sold. Lets not close our minds here either. Where does these share get purchased from? wouldnt it be from the company themselves? so if it is then I would say Pronetlink has been getting cash for the transactions. and the shares outstanding have been completely issued (less the management portion) as per a directors earlier comments. So I am going to assume that PNLK has a cash position at this time, and the float is nearly fully diluted.

These issues will come to rest in the very short term as It has been posted Pronetlink is going to release its financial information to the investor public and also give us further information as to the status of the form 10 Nasdaq application and where they stand. remember Steve Harmon dropped coverage of PNLK due to the unknown status PNLK is financially in. With this release ( if numbers are solid) Analysists like himself could like what they see and initiate buy coverage or further exposure to the stock.

Here is the charts..the stock was weakened a little last week with the market volatility everyone experienced. The stochastics are nearing buy territory once again. This does not mean the stock price needs to fall further as the 50DMA is showing excellent resistence against any downward move. The Bollingers are coming together once again and will keep the stocks price in this tight base/trading range. until a momentum is developed, next week will be the start.

The PNL site has been getting additions daily. There are several more trade leads on the site. Malyasian import/export and European entities are beginning to show up in numbers. Malaysia is going to begin their exposure in the third week on June. It is a government sponsered exposure campaign to there countries businesses. It is expected to be the beginning of their countries economic turnaround aimed at a Silicone Valley type technology expansion. PNL has already positioned themselves and will give this area a competitive edge.

The Stock Detective, whom I give not much thought to, has nit picked small issues which are consistent with many startup companies. The lack of financial information is going to be addressed, The website they claim does not function actually works wonderful. See for yourselves pronetlink.com. There complaints that investors cant see the site unless being full paying members has been addressed through the free 60 day registration trial and demonstration pages on the site. the last issue was that there were few American companies within the PNL network. I ran a few Trade searches for American companies only and had 200 (the Max) appear on both trade items. SD needs to research better and watch their TV stes next month as American Small and Mid size businesses are going to learn what PNLK is all about. IMHO these writeups have been all placed in check by PNLKs executive Branch. and with release of financials will be checkmate.

Here is what I think will help the stock price move positive. 1. a statement from PNL that managements shares will be further restricted for a period of time. 2. the release of financials and form 10 status. 3. The continued expansion of offices worldwide.

Goodluck and good fortune.

TsioKawe