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Re: None

Monday, 05/21/2007 10:31:54 AM

Monday, May 21, 2007 10:31:54 AM

Post# of 33332
Ric - It seemed to me that there was a concerted effort on all the boards to cause panic selling. PLNI has a year to file all the necessary motions and a 2 year time frame to complete the reorganization so all these "sell now" exhortations were coming from people with an agenda. I also felt that many of the shareholders simply didn't understand what a chapter 11 is all about. If it's Turek's plan to save the company this will become readily apparent within a reasonable time. In the meantime we have Mr. Murphy off of our back and real leverage for dealing with our creditors. The jury is still out on this stock swap program and I'm going to need more convincing on that point.

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