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Author Topic: PLFM awarded $100+ million project
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PLFM (.03/share) products and services info:

"Many shareholders have called over the past few months, asking just what makes the ARC System so different and desirable to a purveyor of cellular and data communications. After all, everyone is familiar with communications towers that seemingly pierce our landscapes everywhere we look. They work well. Why the enthusiasm over this new system? And more to the point, where's the need for it? This edition of the Waves will address these issues, so you will have a better understanding of why we believe PWI is standing on the brink of a wireless communications revolution.

There are essentially three means of cellular type transmissions: terrestrial towers, the ARC system and satellites. As satellites are highly specialized, very expensive and used basically for inter- continental communications, they really do not enter into the equation. What everyone is familiar with are the traditional steel towers, standing about 50 meters high, and broadcasting a signal over a typical 10 km radius, covering an area of about 315 sq. km. Towers are ideally suited for high density populated areas. However, line-of-sight limitations curtail their ability to be of use in hilly or mountainous terrain, or in other instances where the signal may be interfered with, either by topography or various man-made structures.

The ARC System, by way of contrast, is deployed on a fixed tether at a height of ~4500 meters and looks down on an unobstructed footprint, with a cellular radius of ~110 km, and an effective coverage of ~38,000 sq. km. In essence, to service the equivalent area would require 120 towers. Another favorable comparison involves cost, as the tower site requires cellular base station transceiver (BTS) equipment, antennas, tower, engineering, power extension, feed line, backhaul equipment, land, and foundations. In all, each of the multiple BTS sites can cost from $400-500,000. Then there are the added expenses of test equipment, personnel, maintenance, vehicles and security for each site. Not to mention terrain considerations.
The tower does have one strong positive, which is the ability to handle very large numbers of calls over its small coverage area. However, in most rural areas, this is overkill. And coupled with a high per subscriber cost, it is also quite impractical. The ARC System, on the other hand, is ideally suited for emerging and developing nations, diverse populations, and topography that is hostile to the erection of numerous towers out in the wild. And, in addition, the ARC System is much more economical and can be deployed in less time. In short, when we view the overall picture in Asia, South America, and Africa, with their widely spread populations, large land masses and challenging topography, the ARC System may very well be the only practical solution for the deployment of wireless Information and Communications Technologies. That also appears to be the opinion of Craig Warren Smith, Sr. Consultant to the UN and a fellow at Harvard's Kennedy School and MIT's Media Lab, who states the ARC System is "a long-sought solution for providing Telecommunications and Internet connec- tivity to the emerging nations of the world."


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Press Release project info:

"LOS ANGELES, CA – March 9, 2004 – Platforms Wireless International Corporation, (OTC: PLFM), (www.plfm.net), the developer of the innovative Airborne Relay Communications "ARC" System for wireless voice and data communications, announced today it has been awarded a contract for the design of an ARC System-based national telecommunications network for a prominent corporate conglomerate in South Asia. The initial contract is for a Telecommunications Network Design and Integration Plan ("NDI"). The three-phase contract calls for the design of a master blueprint for a multiple ARC Systems telecommunications network capable of providing nationwide wireless voice and data communications services for the client.

Under the terms of the contract, Platforms will work in concert with the client to finalize plans for a national telecommunications network system, utilizing strategically deployed ARC Systems, including backhaul, switching equipment, and other facilities required for a national wireless Information and Communications Technology ("ICT") turn-key operation. The initial NDI and Systems Site Location studies will require approximately 90 to 120 days to complete.

Platforms was awarded the contract, including payment for the first phase of the NDI Contract, following more than a year of intensive marketing efforts and negotiations, including presentations to high-ranking government officials, telecommunications regulators, and other business and government representatives. The meetings were facilitated through the U.S. Department of Commerce and actively supported by the U.S. Embassy. The presentations garnered the enthusiastic support of both government and industry representatives, who view the ARC System as an important national project.

Ms. Maura Kim, International Trade Specialist with the U.S. Department of Commerce, stated: "The U.S. Department of Commerce congratulates Platforms Wireless on this significant achievement in the field of international trade with Asia. We are very pleased that, after more than a year of effort, with the full support of our international trade specialists, Platforms Wireless has achieved this success, which will contribute to and reinforce the bonds of international commerce between the United States and Asia. We look forward to continuing our support of Platforms Wireless in its efforts to provide airborne wireless communications services to the emerging and developing nations of the world."

Mr. Robert Harris, Platforms Vice President and CTO, will head the engineering team scheduled to depart for Asia this month to meet with the client and government representatives. This first phase of the ARC System project includes meetings with the client and additional presentations to government representatives and the department of the armed forces, to support the client’s application for special use airspace ("SUA") required for the deployment of ARC Systems. William C. Martin, Platforms President & CEO, will travel to Asia in April/May to complete negotiations on the ARC System Purchase Contract, and direct the formulation of project financing plans, with the planned participation of prominent investment bankers and international banking institutions.

Platforms Wireless is issuing this news release to comply with material event disclosure requirements. Confidentiality agreements preclude us from providing any further information at this time. Upon completion of ARC System NDI Contract milestones, and the client acquisition of frequency spectrum and SUA permits, currently in progress, the Company will provide additional news releases on this project."


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Phase one of the project is done, and phase two is beginning, which is when the revenue comes in.

More good news is due to be posted.


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BlindMellonChitlin
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The concept seems good. I hope it doesn't turn out to just be 'hot air'.

USXP bought some German airship properties and they have gone nowhere.

Maybe USXP and PLFM should get together.

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Slowly going nowhere


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BlindMellonChitlin
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Another thing just came to mind.

What is the implication of a bunch of tethered ballons to local aircraft traffic?

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Slowly going nowhere


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The communication blimps do not cause problems for aircraft. Permits are obtained for designated airspace, similar to America's "no fly zones".
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$100+ million for a nation wide project in Asia is going somewhere pretty quick.

It would take me some time to spend $100+ million, but I'd like to give it a try.


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Money coming, according to shareholders newsletter:

"As a result, PWI was visited by the company's CEO last month, as an element of their due diligence investigation. Advisors had already selected the ARC System over competitive technologies. The purpose of the visit was to assure themselves that PWI possessed the technological and management expertise needed to meet the requirements of a nationwide telecom installation. Their concern was understandable, as final plans call for the deployment of four ARC Systems at a cost of $20-30 million each, plus the cost of the terrestrial infrastructure."


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Add PLFM to your watch list because good news is expected to be released before Friday. In the past, PLFM seems to have posted its news after the market closes.

A summary of PLFM trading on 4-4-04:

about 1.2 million shares traded, ranging from 2.6 to 3.0 cents
a share.

Many shares traded near 3.0 cents, but the market makers were able to swindle a fair number of shares for themselves at 2.6 cents.

No news has been recently released, which would account for over a million shares having been traded, and topping out at 3 cents.

However, many longs know that good news is on the way, and they are likey driving the stock at this point.

The shares continue to be sold cheaply, allowing a few longs to pick up
even more shares and add to thier stockpiles, increasing their
percentage of ownership in PLFM.

This is a "no brainer" as a stock selling for under a dime.


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PLFM trading update for Wed, May 5, 2004.

Remaining strong at 3 cents all day, so this must be an indicator that the news release is going to be posted.

In the past, as you know, the news release will cause the stock to climb higher.


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Seamonkey
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Scottrade lists the close at .025 so I place my order on hope and timing.I hope my timing is right.I may as well put some money here after I wasted some on AMJL.
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Take a look at the trading on Wed, May 5th:


Time Price Volume Exchange Info

15:22:47 0.025 1500 OTC BBS at Bid
14:36:42 0.030 22000 OTC BBS at Ask
14:26:36 0.030 15000 OTC BBS at Ask
13:54:28 0.030 70000 OTC BBS at Ask
12:57:30 0.030 50000 OTC BBS at Ask
10:07:00 0.030 10000 OTC BBS at Ask
09:30:26 0.030 60000 OTC BBS
09:30:17 0.025 1000 OTC BBS

Look at the very first and very last trades of the day. They reflect little of the entire day of trading at 3 cents, but I hope you get lucky at .025


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PLFM trades for Thur, May 6th:

Last 10 trades

Time Price Volume Exchange Info

15:59:37 0.029 20000 OTC BBS
15:59:18 0.030 31300 OTC BBS at Ask
15:57:38 0.030 4000 OTC BBS at Ask
15:37:27 0.028 75000 OTC BBS
15:37:20 0.030 20000 OTC BBS at Ask
15:14:19 0.028 25000 OTC BBS
15:14:10 0.030 20000 OTC BBS at Ask
12:48:36 0.025 20000 OTC BBS at Bid
12:32:02 0.030 125000 OTC BBS at Ask
11:00:31 0.030 15000 OTC BBS at Ask

PLFM continues strong, while we wait for more of our good news.


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PLFM stock under a dime is a steal. A stock cannot remain under a dime with a $100+ million project in the works.

(More to the point, a stock cannot remain under a quarter with a $100+ million project in the works.)


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Day traders have been busy with PLFM lately, buying a few shares when temporarily at 25 and selling when usually at 30. This daytrading has been possible recently due to a new strategy that PLFM seems to be using about news postings.
As we know from the past, the "mid month" period has seemed to cause a slight dip in the Stock price, since news is usually posted at the start of the month(s).

With PLFM trading around 3 cents a share, Platforms seems to have held back its news during the first week, when the news was
expected to be posted for the shareholders.

When the news is posted during the second week, the stock should respond much stronger than it has in the past, increasing to around
3.5 cents.

And, if the news contains what "the street" says it contains, that mid month dip should be a thing of the past from now on. The stock should steadily increase each month, as more and more news of the new contracts is posted.

Also, it has been suggested to, and well received by, Platforms that news should be posted every two weeks or so from now on.


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I like to buy stocks with good news coming, especially when it contains information about new revenue, then I try to determine if the stock is undervalued and has reasonable room to climb, so that I can then decide if I want to buy more, hold, or sell.
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