[PLNI]: The Naive Mr. Pumpy the Promoter

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On March 9, 2006, the_worm06 Research Department released a simple prediciton of Plasticon Common Shares Outstanding (http://snipurl.com/nef1).

Mr. Pumpy the Promoter proceeded to post dozens of messages on several messages boards regarding the "prediction", ranting and raving, including much libel. Among the posted messages by Mr. Pumpy was one which claimed that there is no justification for a 1 billion increase in outstanding common shares because of the lack of trading volume and lack of a stock price drop for PLNI (http://snipurl.com/nisz). Mr. Pumpy goes as far as saying that the_worm06's prediction "...is just an illegal attempt to adversely influence the price of this stock!!!" - again more libel.

Somehow Mr. Pumpy the Promoter forgets his Corporate Finance, or lack therefore.

Here is an example of a possible scenario:

What if PLNI issued 1 billion RESTRICTED common shares to another party or parties, which could not be sold into the market during this same period? - therefore no significant increase in the trading volume and no downward pressure on the PLNI stock price.


Game...Set...Match



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