PowerLinx Inc (PWNX)

[gotinearly]

FG, here is my point...

"- McBride has confided he was sick of niggling shareholders and SEC supervision, that had a lot to do with
his actual stepping down as CEO... He hasn't done any of the required filings: 13D, Form 3 and 4, etc..."

filings are yet to be seen as someone here posted the other day those forms have been requested and will not be reported by edgar.

" - He discussed taking the company Private on several occasions..."

I have no recollection of this ever being stated in a public forum. If you have proof show it, if not remove this accusation.

" - He's allocated himself 10 million shares for peanuts in addition to his existing 7.5 million, which with the
help of his cronies give him total control over SEVU..."

at last count there had been no shares issued for the PP. Rich mentioned yesterday 3 million shares thus far. I will request from the transfer agent the count after the quarter has ended.

"20% down and the rest when you feel like, sure sounds like credit"

As I understand the PP, the more appropriate term would be on Lay-a-way. Pay over time and receive the shares when money is received.

JMHO