Capn, I can't begin to agree with you on this one. I have been in start-up companies, 3 of my own. I had retail Music stores in Portland, Oregon which I built without any financing and at the end of 4 years, I had 3 retail outlets and an instrument repair facility. I employed, on average (not counting teachers) about a dozen people. I sold the stores and went into the trucking business. I had 3 semis running on the west coast. I sold the business and started manufacturing electronic amplifiers. I made money on the first two but bit it on the manufacturing business. I just didn't have enough money to keep it going.
PLNI has a much larger set of numbers to accomodate. Included in the numbers you see in the financials are payroll taxes. Uncle doesn't wait. If you need supplies, you pay him and if you have anything left, you buy supplies.
MONEY! Thats's what makes it go. PLNI was essentially a shell last year and it's now a start-up company with a product that is being sold, employees that are being paid and growth pains from expansion by acquisition.
Yes, Capn, it will be a wait. It won't happen overnight. But slowly, the company is coming together. First quarter financials tell me that the direction is correct.
Quoting what I write and taking exception has no benefit to you or me or anyone else who reads these posts. These are just my thoughts which are worth about the same as yours, not much.
So, be angry with JT or his associates but please try and find facts that haven't been posted many times already. I need new information and others will welcome it also. Opinions and arguments that attempt to support a belief are also not worth much, in my opinion. Quotes from other boards are just someone else's opinion and also, not worth taking time to post.
New information that will help me and others make a good sound investment decision is what I would like to see from everyone.
As I said before, I am not a "long" pink holder. I get in, hold until I feel I have made some money and sell, then repeat the cycle.
I want to see PLNI be successful and I want to see those who have invested in the company make money. I certainly won't demean them for holding a stock that has dropped significantly in the past months and I wouldn't add to their grief by flaunting negative opinions. I know how I feel when one of my stocks takes a nosedive. But, that's the market.
Please see if you can get some good new info to share with the board. I look forward to reading your good, new information.
Additionally, if you feel that there is enough information in print and available to make a decision, then make yours as you wish. That's your prerogative but why try to make others feel bad about their decisions? Just doesn't make much sense to me.
Good luck Capn,
Jim
