the_worm06

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

Saturday, July 29, 2006

[PLNI]: Mr. Richard R. Matthews says "20 years in Federal Prison for the sale of restricted stock"

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In this posted message by Mr. Rick Matthews, he states that the sale of 50 million restricted PLNI shares would be punished by 20 years in Federal Prison.


http://www.investorshub.com/boards/read_msg.asp?message_id=12323826

Posted by: rrm_bcnu
In reply to: rrm_bcnu who wrote msg# 13853
Date:7/29/2006 1:20:02 AM
Post #of 13855

"...Can you imagine trying to sell those quantities of restricted stock? You suppose Sam Sems has worked all these years, finally sold his business for a tidy profit, and just couldn't wait to sell Restricted Shares via a B/D trade (10M share trigger not broken) so he can spent the next 20 years in Federal Prison??? You suppose that MM is unaware that all trades of PLNI are possibly being monitored by the FBI due to the ADP data theft?

That's just about as good as the 43.8 Trillion share post.

I have to stop.... splitting my sides here...."




Then how many years in Federal Prison should PLNI CEO James N. Turek, Sr. receive for his sale of approximately 1.0 billion shares of PLNI restricted stock worth about $8.7 milion?

http://snipurl.com/rlxh



Oh...wait, according to Mr. Rick Matthews, PLNI management would never break the law or commit fraud.


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