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Re: Ataglance2 post# 664

Thursday, 03/16/2006 12:08:04 PM

Thursday, March 16, 2006 12:08:04 PM

Post# of 20865
Ataglance2, what leads you to believe that the company HISC would merge with needs to have $0.50 per share price right now? From what I can tell they want to emerge from this union with a share price of $0.50 for the united company. That being HISC + ActSoft + hopefully PLKC. I could see a share price of anywhere from $0.25 to $0.50 over 300 million shares. 150 million for HISC owners at something like a 10:1 conversion (dividend), 50 million for PLKC owners at more like a 50:1 basis, and 100 million for ActSoft owners. That would translate into a market cap for PLKC of anywhere from $3.7M to $7.5M which is nice compared to the current $2.4M. HISC would be like $17.5M to $35M which is about right for its current $21M. I think ActSoft will be happy whatever they get or they wouldn't be for sale. So it is a win-win-win situation.

PLKC brings a good deal to the table for HISC. PLKC has exposure to the commercial trucking industry and municipal waste management. HISC has the international and government exposure. HISC has the middle east and PLKC has Mexico. PLKC has been granted preferred vendor status by a national franchise which means its product has potential. HISC is working at gaining support in Europe now through British ports. I see this as a nice match.

PLKC has experienced a ramp up in share volume of late. 200 day averae about 11.8M versus the 50 day at 23.5M. Could just be this rumor and nothing more. Could be further dilution from mamangement. Or it could be management is soaking up and shares at this level that they can. No pressure on MM to raise it up because no news or actual sign of progress right now. Either way I am willing to ride this one just for the chance that it is the one. Also any additional contracts could move this one on its own. Maybe someone with a more technical background can compare the two products and give us an idea of how they compare. Maybe I'll try it myself but I'm not that techie smart.

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