InvestorsHub Logo

YankeeAce

03/30/06 9:42 AM

#767 RE: hapacrazy #766

Nope, LFWK is not on the www.buyins.net list. Some believe this is because LFWK.PK is actually trading on an unsolicited basis. I'm not really all that familiar with what that means but here is the warning statement from www.pinksheets.com.

"This security has only been quoted on the Pink Sheets on an unsolicited basis since it initiated trading in the public OTC markets. Pink Sheets has not received notice of the NASD clearing a market maker to publish their proprietary quotations in this security or the issuer registering to the SEC as a reporting issuer under the Securities Act. As such, adequate current information may not be publicly available for this issuer. Pink Sheets believes adequate current information should be publicly available when a security first enters public markets and that current financial information should continue to be provided on a quarterly basis. Pink Sheets has discontinued the display of quotes on pinksheets.com for this security until such information is made available by the issuer. Investors are encouraged to use care and due diligence in their investment decisions."

So before looking at LFWK just be aware of the risk involved and weigh that with the upside potential (most think it is around $0.10 right now but some think as high as $0.25).

PLKC trades on the OTCBB therefore there is a great deal more visibility into its trading (be it long or short). I tend to agree that something positive has got to be in the works with PLKC. For the short to cover 10 million shares in the last two weeks I would think they must have gotten wind of something positive. I view this as a great sign and another reason to continue to accumulate at these levels. I really think this one could be another HISC. If you have a piece now you will be one of the early ones in. I entered HISC around $0.02 after it came up from around this same level on a few contracts and new technology. PLKC just needs to up their marketing and maintain a lag time of less then 6 months and they will be successful. In July-August of last year HISC landed a huge contract with ProSec in the Middle East that caused the stock to sky rocket ($0.02 to $0.13). As of today they have shipped about 1000 trackers to ProSec, which is not even 1/4 of the total order. That is why I have reduced my position in HISC and increased over here. I'm sure PLKC would run into a jam if they received a multimillion dollar order as well, but I beleive they could complete the order in under a year, which HISC doesn't seem to be able to do.