PowerLinx Inc (PWNX)

[Francois+Goelo]

>>>> McBride's List of Residences...

clearly showing that he used Investors money from the 1999/2000 PP to buy himself a nice home on the waterfront, whereas before that, he entertained a lifestyle and residence comparable to that of a Janitor...

1- From 93 to 99 a list of modest residences or addresses...

- 93-95: 815 123rd ave St Petersburg (149K)

- 95-97: 145 108th ave St Petersburg (240K)

- 99: 422 3rd ave Tierra Verde (170K)
(price in June 1990 at 155K)

http://pao.co.pinellas.fl.us/htbin/cgi-scr3?o=1&a=1&b=1&r=&s=1&u=0&p=17+32+1...

2- Feb 2000: move to 798 Nina Drive:

- purchase price in Feb 2000 for 900K

- purchase price in April 2000 for 1.4M

http://pao.co.pinellas.fl.us/htbin/cgi-scr3?o=1&a=1&b=1&r=&s=1&u=0&p=19+32+1...

3- From the 10K:

During the first quarter of 2000, the Company accepted a $ 1,146,534 non-interest bearing note from an officer. The note was collateralized by 6.5 million shares of Company stock. The term of the loan was thirty days, and the note was repaid in full during April 2000.

Personal Opinion of an Aggrieved Shareholder,

F. Goelo + + +

PS: thanks Claire....