[PLNI]: After more that 2 years of attacking the cybersleuths that brought up the questions, promoter Rick Matthews finally asks:

-How many PLNI common shares were issued to PLNI CEO James N. Turek, Sr.?

-How many PLNI common shares were sold by PLNI CEO James N. Turek, Sr.?

-How many PLNI common shares does PLNI CEO James N. Turek, Sr. now own?


http://investorshub.advfn.com/boards/read_msg.asp?message_id=23518128


Posted by: rrm_bcnu
In reply to: stokednvegas who wrote msg# 32364
Date:10/9/2007 3:56:55 AM
Post #32365 of 32365

Stoked, In looking at exhibit 8 of the Trustee we can see between 7,026,910,213 and 6,526,910,213 shares that were issued in certificated form to various persons. Of that number only 503 Million shares were issued in such a manner that the could have been sold into the float without SEC filings taking place by company officers.

So how many shares issued to Turek were actually sold into the market? He stated on penalty of perjury in the initial filing that 11B shares were issued and that he owned or controlled 73% (~8B shares) of the outstanding.

I'm unsure what occurred in this friggin whirlpool, but the shareholders need to hear from a trusted source how many were issued, how many are outstanding, and how many remain unsold and in the custody or control of the CEO.

As for the poster you cite, no credibility there as far as I'm concerned. To much bluster and not nearly enough fact.




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