the_worm06

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

Friday, June 30, 2006

[PLNI]: Does PLNI own Pro Mold?

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From PLNI's financial statements filed with pinksheets.com:


https://www.otcstockinfo.com/repository/671/671_FR18.pdf
"In December 2005, the Company acquired all the stock of Pro Mold, Inc. (Pro Mold), an injection molding facility in the Midwest. The purchase terms are a payment of $3,500,000 in cash (see Note 3)."



Did the acquisition of Pro Mold by PLNI ever close?

Does PLNI still own Pro Mold?

The financial statements for PLNI filed with pinksheets.com include the assets and liabilities of Pro Mold as of December 31, 2005.

Is PLNI including Pro Mold's assets, liabilities and revenues in its financial statements without owning the company?


http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=63877

http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=63901

http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=63907




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