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Sekrah

03/23/07 3:13 AM

#25716 RE: cimarron #25715

cimarron.. According to their latest financials they have a net tangible asset deficit of $4.5 million and have lost $50.9 million in operations over the past 7 quarters. (i.e. you could sell all of their assets, it wouldn't cover their debts!)

Who would want to own a company that has done that? Forget PLNI's product for a moment, they may have a fine product. You need to look at management and the way they've run this company into the ground.