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TakeMe2theRiver

03/03/06 8:48 PM

#8860 RE: dale1953 #8852

ROCK ON DALE!

I bought this stock on a tip read on a message board. But I read everything that there was, listened to all webcasts, that I could find. My due diligence. I bought thinking, 'Wow, I am in on the ground floor of something big.' I also believed that it would take time. Lots. Years. That's OK when you talk about 25,30,40 baggers.

This is my first pink, though, so I started to learn more. Leapt before I looked...enough. That's OK. I am young, so I am not interested in the $100 a week. Just like you Dale, I am interested in making the big chunk, THEN I can work more conservatively.

I do enjoy, however, some people's pontificating about what will happen. The fact is we don't know. I am an engineer by profession and I solve problems using formulas and data. Fact is we have none of that, so everything we have is as my VP of engineering calls 'anecdotal.' Meaning it's a nice story, but you don't have anything to truly prove it.

All we have is hope right now. Perhaps not the best place to be in the investment world, but you are not supposed to invest anything that you cannot afford to lose.

I HOPE we all clean up.

Except for you shorts.

TM2TR


jim stop loss

03/06/06 11:18 AM

#8934 RE: dale1953 #8852

Wish you the best of luck holding penny stocks. You might want to read the SEC warnings on fraud in both domestic and foreign pinkies. Also, the protection you have (or don't have) from the SEC in these stocks.
As I said in one of my postings, I'm here for the money, not for the pot at the end of the rainbow.
I hope for all who are betting their money on PLNI that we have chosen one of those stocks that will fly (Holding 500K shares longer term).
But, keep in mind that A company must file reports with the SEC if it has 500 or more investors and $10 million or more in assets (http://www.sec.gov/investor/pubs/microcapstock.htm). PLNI has, according to Pink Sheets, listed it's stockholders at 5000. Since they have yet to file, I must assume that their net assets must be less than $10 million. If that's the case and we assume a dilution of 5 billion shares and allow the assets to approach $10 million, the PPS should not exceed .002.
This is one measurement of a company that a prospective share buyer does in due diligence investigations.
I have done several and I feel that the stock will drop when the dilution is completed by PLNI even , or maybe especially, if they become a full reporting company and expose their shortcomings.
The best "pot of gold" companies that I have watched have been breakthrough technologies in medicine and electronics. I think we might see the same thing happen in fuel cells.
Just my opinion.
Good luck to us all.