PLEX Shell to merge with internet company

STOCKTALK

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Microcap & Penny Stocks
PLEX Shell to merge with internet company

An SI Board Since August 1999

Posts	SubjectMarks	Bans
36	1	0

Emcee: Old Stock Collector	Type: Unmoderated

Introduction Compact

Here is a clean shell play.

PLEX - Playorena, Inc.

travnet.com

SEC filings here:

edgar-online.com

The Company intends to acquire the business of Global Travel Network, LLC, a limited liability company doing business in the state of New Jersey ("Global"). Global is a provider of travel packages and travel related services. Currently, the Company is contemplating acquiring from Global, in exchange for shares of Common Stock of the Company, all of the outstanding membership interests of Global. Immediately thereafter, a wholly-owned subsidiary of the Company would merge with and into Global, in exchange for shares of Common Stock of the Company, with Global as the surviving corporation (the "Merger"). Following the Merger, Global would be a wholly-owned subsidiary of the Company.

The Company is currently negotiating the agreement with respect to the acquisition of the business of Global. It is contemplated that the Company's wholly-owned subsidiary formed for such purposes will merge into Global in a tax free reorganization within the meaning of Sections 351 and/or 368 of the Internal Revenue Code of 1986, as amended. Consummation of the transaction is subject to the approval of holders of a majority of the membership interests of Global. The Merger is subject to a number of conditions, and there can be no assurance that an agreement with respect to the Merger will be entered into, or that the Merger will be consummated.

edgar-online.com

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
36	New thread has been set-up, under symbol ETRV... eom	vagabond	-	9/29/1999
35	This is such a boring stock but when the volume picks up this stock will fly. G	Gary Montana	-	9/24/1999
34	<b>It's official... ================ (COMTEX) B: Playorena Announces	vagabond	-	9/22/1999
33	July was a slow Month...Nite wasn't even in on this action. -----------	CBurnett	-	8/27/1999
32	Coppermaster, Are you buying more PLEX? Do you think it is talk of a reverse s	CBurnett	-	8/27/1999
31	Calm down already! Playorena Announces Agreement to Merge with Global Travel N	Spark	-	8/11/1999
30	Nice PLEX spread huh! .08 x .21!!! Those freaking crooks!!!!! Absolutely, NO	Coral4pH_dot_com	-	8/9/1999
29	Not lookin' very good right now (.08 x .17, with little obvious support on	vagabond	-	8/9/1999
28	Can Do Stocks 2!!!!! Joe Copia was named "The King of Stocks" for al	Coral4pH_dot_com	-	8/8/1999
27	FYI info on PLEX ...I have it from a very good source that PLEX is planning a	Can Do Stocks 2	-	8/8/1999
26	I decided to wait and look. This may or may not be worth anything but there ar	learnstocks	-	8/6/1999
25	Nope, got out with close to a triple. Won't get back in until I see somethi	StandFast	-	8/6/1999
24	Standfast, Likewise, all it will take is for some of us investors seeing PLEX&	Coral4pH_dot_com	-	8/6/1999
23	After I saw it jump yesterday, I have to let you know I got out this morning. A	StandFast	-	8/6/1999
22	Standfast, this certainly does look like a shell with some fancy stock manipula	learnstocks	-	8/6/1999
21	What is this PLEX? Still looks like a shell with that july selloff. Read the po	StandFast	-	8/5/1999
20	Locations: Global Travel Network, the #1 Franchise Company (as Rated by Income	Old Stock Collector	-	8/5/1999
19	This was found on Travnet.com (WAL-Mart) Locations!!!!!!!! JOIN A WINNING TEAM	Old Stock Collector	-	8/5/1999
18	thanks Keith i be watching BB	bigbuk	-	8/5/1999
17	I wasn't saying it was the best. I was asking you how many web sites do you	Old Stock Collector	-	8/5/1999
16	Bigbuk at least PLEX files with the SEC. We both now of a certain stock that	Old Stock Collector	-	8/5/1999
15	What reason do you have for saying this is the best on the internet? At 5 cent	Joseph Waligore	-	8/5/1999
14	How many .05 stocks do you know of that are the best on the internet? If your	Old Stock Collector	-	8/5/1999
13	THis tells all---------BE CAREFUL ALL!!!!! <B>July 15, 1999 PLAYORE	bigbuk	-	8/4/1999
12	I visited the travel network web site and I was not that impressed. Does anyon	Joseph Waligore	-	8/4/1999

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