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Sekrah

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Sekrah

Re: Kaz92040 post# 25704

Friday, 03/23/2007 2:43:54 AM

Friday, March 23, 2007 2:43:54 AM

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Kaz92040.. trading below its expected value? You do realize that PLNI has lost $19 million dollars through the first 3 quarters of 2006?


What do you think a company who has spit through that much money (and diluted the share count) should be valued at?

I believe they are drastically overvalued with a $3m market cap right now. With the debt they are saddled with I can't see any accredited investor in their right mind putting up more than $100,000 for the entire company.


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