the_worm06

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

Tuesday, July 18, 2006

[PLNI]: Mr. Richard R. Matthews and the defense of a fraudulent company

.
.
Review the posted message by Mr. Rick Matthews below:

http://www.investorshub.com/boards/read_msg.asp?message_id=12095381


Pay attention as he tries very hard to defend PLNI.

In the opinion of the_worm06, PLNI will probably be known as one of the top five biggest frauds in penny stock history and yet Mr. Rick Matthews is blaming the message board posters for the "informal inquiries" that have been initiated by the SEC on PLNI.

Mr. Rick Matthews is down about 70% from his approximate $50,000-$70,000 investment in PLNI, and he strongly believes that his posted messages might clear the fraud that is being committed by PLNI. Mr. Rick Matthews fails to comment on the fraudulent false and misleading statements made by PLNI in their 15c2-11 filing with pinksheets.com regarding their net loss for the March 31, 2006 quarter when compared to the same period in 2005.

Mr. Rick Matthews continues to blame the message board posters for the significant drop in the stock price of PLNI, yet he again fails to answer the question of whether PLNI has ever closed the acquisitions of Pro Mold, Inc. and Semco Manufacturing, Inc. - Instead, Mr. Rick Matthews concentrates on pictures taken of the Pro Mold, Inc. facilities by one of his "crew" on July 14, 2006, falsely insisting that this is proof that PLNI owns Pro Mold, Inc.

What good does any increase in production by Pro Mold, Inc. and Semco Manufacturing, Inc. do to PLNI stockholders if these entities are not owned by PLNI?




The questions continue:


Has PLNI closed the acquisitions of Pro Mold, Inc. and Semco Manufacturing, Inc.?

Does PLNI currently own Pro Mold, Inc. and Semco Manufacturing, Inc.?

Yes or No?



_____________________________________________________

0 Comments:

Post a Comment

<< Home