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Post# of 33332
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rrm_bcnu

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rrm_bcnu

Re: shortsinthesand post# 19759

Monday, 11/27/2006 2:27:23 PM

Monday, November 27, 2006 2:27:23 PM

Post# of 33332
Again, you twist it your own meaning. I meant "convertible debenture" since that is what PIPE financing is all about.

You failed to mention that the par value of PLNI was reduced from .05 to .001 in the same window. Tha theoretical market cap was reduced dramatically, thus making a hostile TO much more viable.

You get off the subject you raised, which was Death sprial PIPE's at a whim. The subject of the 7.3B voting shares has been debated to death. Further, unless you have actually seen the class B conversion annotations you are just speculating as to the conditions of conversion. Have you seen them?

► Any comment provided is my personal assessment/opinion of the indicated stock. "When the gods wish to punish you, they grant your wishes. Therefore be careful of what you wish for."

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