the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Wednesday, February 01, 2006

[PLNI]: Save this post for when the new common shares outstanding are listed on Pinksheets.com - the misleading statements continue

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It appears the Mr. Pumpy the Paid Promoter, the master of posting false and misleading statements, is accusing people of posting fraudulent and misleading statements regarding the PLNI shares outstanding. Let' s see what he has to say when the new PLNI Common Shares Outstanding figure is published by Pinksheets.com.

Even now, Mr. Pumpy the Paid Promoter, is posting misleading details about the share structure of PLNI. Notice the actual figures published by Pinksheets.com below, including the "as of Dec. 7, 2005" date. It appears that Mr. Pumpy mistakenly left out this December 7th date in his post to make it seem as though the figures have been amended, and have not changed, which is not the case.

How sad....very sad indeed....


Mr. Pumpy's post:

http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=37019


By: rrm_b4u
01 Feb 2006, 11:55 AM EST
Msg. 37019 of 37086
Jump to msg. #

I note with pleasure..

That the pinksheets information page that was "expected to be updated" as posted by the bashers yesterday reads as follows today:

Authorized shares: 5B
Outstanding shares: 2.3B
Current Float: 690M

Also, yesterday I and several others called First American Transfer (602-245-5252), the TA for PLNI. They confirmed their policy to pass all queries along to the issuer, and not give info on A/S, O/S, and Float ON ANY OF THEIR STOCKS.

That is important since the bashers stated that they had called the TA and got a 3.7B O/S number from them. That was a fraudulent and misleading statement. Shortsinthesand and Yardslave posted that data here. Futher the bashers implied that the comapny had "gaged the TA" and that was a "red flag." The company gaged no one. The TA policy trancends the companies involved. All companies registred with First American apparently receive the same treatment.

rrm

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Hold)



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The actual information that was published on Pinksheets.com:


http://www.pinksheets.com/quote/company_profile.jsp?symbol=PLNI


Outstanding Shares: 2,300,000,000 as of 2005-12-07

Authorized Shares: 5,000,000,000 as of 2005-11-21

Float: 690,000,000 as of 2005-12-07




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