It helps to read plci's latest 10-Q. Here's some of it...
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" Loss per share and common share equivalent:
The Company's basic and diluted net loss per share is computed by dividing net loss by the weighted average number of outstanding common shares. Potentially dilutive securities, which were excluded from the computation of diluted loss per share because to do so would have been anti-dilutive, are as follows:
Nine Months Ended
September 30, Three Months Ended
September 30,
2007 2006 2007 2006
Stock options 18,030,338 5,625,993 18,030,338 5,625,993
Warrants (1) 85,151,188 39,543,930 85,151,188 39,543,930
Convertible notes 612,379,400 644,263 612,379,400 644,263
Total dilutive shares 715,560,926 45,814,186 715,560,926 45,814,186 "
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Sorry for the spacing, but, here's the bottom-line,
copied from the bottom line above, in plci's latest 10-Q :
" Total dilutive shares = 715,560,926 "
And, that was 'as of' 5 months ago, on 30sept2007.
So, IF " the A/S is only 200 million "
IT WILL HAVE TO BE RAISED BY 4X, UP TO 800,000,000
JUST TO 'COVER' WHAT plci GAVE AWAY AS OF 5 MONTHS AGO.
And, plci's current Filing, which will only cover
through 31dec2007, will probably be worse.
And, plci won't say what it is today, until they must,
which won't be until May'08, unless plci is late again.
P.S. ; If any long reads the 10-Q's + 10-K's, don't miss
checking the 'executive salaries + bonuses' . That's cash
that should have been going into common shareholder value.
It's amazing what the commoners pay to the 'executives' of
a 'company' that never made a penny profit, and never will.
Good Luck
extra, Sincerely
