[PLNI]: "A decrease in net loss" - The disinformation campaign by Mr. Richard R. Matthews (Rick Matthews, "rrm_bcnu") Continues

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In the continuance of his massive disinformation campaign, Mr. Rick Matthews (rrm_bcnu) posts false and misleading statements about PLNI in the message boards. In this posted message on the IHUB message board, rrm_bcnu copies a false and misleading statement on the decrease of the first quarter 2006 net loss over the same period in 2005 from PLNI's form 15c2-11 filed with pinksheets.com. It is unfortunate that Mr. Matthews would continue spamming the false and misleading "net loss decrease" information, especially after it was pointed out in a previous report on this blog (#12 here: http://snipurl.com/uts0).



http://www.investorshub.com/boards/read_msg.asp?message_id=13002656

Posted by: rrm_bcnu
In reply to: Captain James Kirk who wrote msg# 15726
Date:8/30/2006 3:04:40 AM
Post #of 15750

More FUD

The year-over-year Q1 for 2006 vs 2005

Net Loss:

Again, regarding net loss, we must remove the beneficial interest expense of $8,679,000 from the figure reflected in the financial statements of $9,437,270, which then gives us an actual net loss of $812,184.When we compare the actual net loss from Q1 2006 of $812,184, vs. the net loss of Q1 2005 of $2,507,552, this represents a decrease of 68%.

https://www.otcstockinfo.com/repository/671/671_FR12.pdf pg17





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