[PLNI]: A new twist in the disinformation campaign on the Semco Manufacturing, Inc. acquisition

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It appears that Mr. Rick Matthews has now added a new twist to his disinformation campaign on the acquisition of Semco Manufacturing, Inc. acquisition:


Some background:

1. PLNI issued press releases specifically stating that PLNI had agreed to acquire Semco Manufacturing, Inc.

2. PLNI issued press releases specifically stating that PLNI had completed the acquisition of Semco Manufacturing, Inc.

3. PLNI issued press releases specifically stating the substantial new business of Semco Manufacturing, Inc.

4. In the AUDITED 10-K filed with the SEC, PLNI spefically stated that it had purchased the controlling shares of Semco Distribution, Inc., a Nevada corporation and Ultimate Surface LLC, a Nevada limited liability Company.

5. No where in the AUDITED 10-K is Semco Manufacturing, Inc. mentioned by PLNI.

6. Now Mr. Rick Matthews is attempting to mislead the investment public again by stating

"...which of these two is the Parent company or controlling authority for Semco manufacturing..."

http://www.investorshub.com/boards/read_msg.asp?message_id=12022486


7. If either of the acquired companies, Semco Distribution, Inc. or Ultimate Surface LLC controlled or were the Parent company of Semco Manufacturing, Inc., then, based on the importance that PLNI has placed on Semco Manufacturing, Inc. in its press releases, the specific control or parent relationship between these two entities and Semco Manufacturing, Inc. would have been required to be stated in the 10-K. Yet, at no point are these alledged control relationships mentioned in the 10-K.

8. Yet another attempt to deceive the investment public by Mr. Rick Matthews...

what next?


Sad...very sad indeed.



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