PlanetLink Announces Contract With City of Winter Garden, Florida Feb 15, 2006 11:25:00 AM 2006 PrimeZone Media Network CUMMING, Ga., Feb. 15, 2006 (PRIMEZONE) -- PlanetLink Communications Inc. (OTCBB:PLKC), a provider of GPS satellite-based products and services, announced today the closing on a contract with the City of Winter Garden, Florida, to provide GPS-based vehicle tracking products and services to their public works department vehicles.
M. Dewey Bain, president, stated, "We are aggressively pursuing the municipal, regional and state government markets, with several pilot programs and preliminary RFP's in process. This contract with Winter Garden, our first in this market, identifies TransTRAK products and services as a viable, cost-effective option."
About PlanetLink Communications, Inc.
PlanetLink Communications, Inc. recently launched its TransTRAK(tm) product through its wholly owned subsidiary, PlanetTRAKS. The company is developing a family of GPS-enabled products and services under the PlanetTRAKS name. TransTRAK(tm) is the first of these products and is the company's turnkey solution for real-time, mobile asset management. From tracking vehicle speed and location in real-time to controlling vehicle functions through remote access, TransTRAK(tm) allows the customer to actively monitor and manage virtually any type of mobile asset. For more information on PlanetLink, please visit the company's Web site at: http://www.planettraks.com.
Information contained in this press release includes forward-looking statements. Forward-looking statements usually contain the words "estimate," "anticipate," "believe," "expect," or similar expressions that involve risks and uncertainties. These risks and uncertainties include the company's status as a startup company with uncertain profitability, need for significant capital, uncertainty concerning market acceptance of its products, competition, limited service and manufacturing facilities, dependence on technological developments and protection of its intellectual property. The company's actual results could differ materially from those discussed herein. Factors that could cause or contribute to such differences are discussed more fully in the "Risk Factors," "Management's Discussion and Analysis" or "Plan of Operation" and other sections of the company's Form 10-KSB and other publicly available information regarding the company on file with the Securities and Exchange Commission. The company will provide you with copies of this information upon request.
CONTACT: PlanetLink Communications Inc. Investor Relations (866) 442-2402
Posted by Black0r on :
Oh boy... And we're already in! Yeahh. Posted by ASH on :
Got in at 0.0047.
Not doing so hot today. Thoughts on PLKC for the remainder of the day/week?
Posted by Black0r on :
"Not doing so hot today."
Sure, but this was before the second news in only two days came out!
And both are municipal ones...
But anyway, I don't have an idea, where we will go, but I'm happy to be in. Posted by ARTTEACHER on :
Got into this one * .0047 for the life of me, why are we dropping with good PR? MM's buying up on the cheap? Anyone.....
Posted by Black0r on :
Well, okay. The second news (Today) was just to name the city of the contract from the news yesterday...
Anyway, it's good PR. Don't know why we drop.
Posted by buckstalker on :
BlackOr...that is not correct...yesterdays PR stated a contract had been closed with a compant in Michigan (Alto LPG)...todays news was about a contract with a municipality in Florida
Posted by Black0r on :
Sorry, but you're wrong.
Tuesday February 14, 1:39 pm ET ...announced today that we have recently closed on a contract with a Florida municipality to provide GPS-based vehicle tracking products and services to their Public Works department vehicles.
And today they just named this municipality.
You mean "old" news from Jan 26th: PlanetLink Announces Contract With Alto LP Gas Co., Inc.
Posted by buckstalker on :
My mistake...I was looking at the news from Jan 26th...I humbly apoplogize...
Posted by Black0r on :
No problem.
The missing ignition is somewhat more of a problem. lol
Posted by DC Trade on :
IMO, looks to be a momentum problem... should turn itself around after dropping a couple more nits, i think no lower than .0038... that's what i think, but i'm wrong as often as i'm right Posted by DC Trade on :
just dipped to .0038, now .0039 buys coming in at the ask... a turnaround?
Posted by Black0r on :
Lets hope, or we're doomed... Posted by DC Trade on :
*sigh* guess i was wrong
Posted by DC Trade on :
there is a wall of 7 MMs at .0035, hopefully that is the low
Posted by Supercoupe on :
I got me some this morning * .0047.
Meh, I'm taking on water. Paddles please! Posted by DC Trade on :
me too, Supercoupe... me too...
Posted by DC Trade on :
i think they're going to jerk us around at this level a bit before letting it rise more...
BID .0036 * 2 .0035 * 5 .0033 * 1 .003 * 4
ASK .0039 * 2 .004 * 1 .0041 * 3 .0042 * 1
Posted by Supercoupe on :
Well, at this point is a lot of experimentation for me. I always try to enter into these things hoping things jump, but always doubtful it will.
I try to have a sense of humor none-the-less.
Hek, I only bought 150k shares this morning, then when it dropped to the low 40's I went in for another 50k.
Meh, whatever, hopefully when it goes, it goes good enough, that's the way I look at it.
Skip
Posted by ASH on :
Uggghh.... Hopefully a sunnier day for PLKC tommorow
Posted by DC Trade on :
hopefully goes up... i'm pretty new too, and i OBVIOUSLY got in on the wrong side of the hill. not to say that it's definitely all downhill, it could well turn up in the AM. and my loss here (if i end up with a loss) is nicely offset by a couple of wins, so i'm even. this game is fun! i vow to get myself rich (or at least quit my day job) before i'm through with this game...
Posted by Black0r on :
And then there: http://biz.yahoo.com/e/060111/plkc.ob8-k.html ...annual meeting held on December 16, 2005. The amendment changed the number of shares authorized to 1.5 billion shares...
And I could bet my ass off that they've used the two PRs to give out masses of new shares, because they're in need of some fresh cash0r.
That would also explain why the PPS felt so fast down again, after the great uptrend.
To know it for sure one would have to call the TA (Transfer agent, Florida Atlantic Stock Transfer, Inc., Tamarac, FL 33321, Phone: (954) 726-4954, Fax: (954) 726-6305), but for me this got too hot and I got out with a little loss yesterday.
What a shame, everything was alright with PLKC, but I didn't thought about the possibility of dilution.
Posted by ASH on :
I'm losing my shirt here...cut my losses and run? or hold for a slightly lesser loss?
Posted by Black0r on :
I would suggest hat you call them and ask for the amount of outstanding shares.
If they tell you there're still below 800Mio shares, I think it will not run below .0035, because it was above this level for the last several weeks before the last two news.
But if they tell you 900+ Mio shares... Well, then I would think twice about holding.
Posted by DC Trade on :
hey, it's going up again!
Posted by DC Trade on :
hey ASH, maybe you can buy your shirt back! (if you're still holding...)
Posted by will on :
Getting some hits.
Posted by JHAWK01 on :
its a runner, let's get it to .005 and above!
Posted by mad tony on :
going up with no rumors or news...why? .0042 16% 26m
Posted by will on :
Getting some attention.
Posted by buckstalker on :
Jiggling again...
Posted by mad tony on :
32.5% 40m
lots of pennies moving today
Posted by mad tony on :
This one is should be moving up soon.
Posted by JHAWK01 on :
HEARD OF ANY NEWS COMING OUT SOON?
Posted by will on :
The only news I have on this one is that I took a position in it today, at .0032. The reason being, 3/13 41M+, almost 2X avg volumes.
Posted by will on :
CUMMING, Ga., April 4, 2006 (PRIMEZONE) -- PlanetLink Communications Inc. (PLKC - news) , a provider of GPS satellite-based products and services, announced today that it has retired the majority of its convertible debentures. Mary Hitt, Treasurer and Director of Finance, stated that "The company is excited about being able to substantially reduce its debt level as this will bring the company closer to positive cash flow and profitability." The major benefit of retiring all but $49,000 of the company's outside debt is the reduction in interest expense plus debt repayment is not looming in the future. The company also filed its annual report Form 10KSB with the Securities and Exchange Commission on a timely basis. To view the report go to the www.planettraks.com and click on Investors and then SEC Filings.
GOOD NEWS! GOOD COMPANY!
Posted by mad tony on :
it goes on to say...
Other news: The Two Men and a Truck Moving & Storage trade show that PlanetLink attended as a preferred provider was very successful. Interest from this franchise group is high; we have a number of quotes outstanding for installation of the TransTRAK product in franchise locations across the country. At the show Larry Lapaglia, Director of Agent Sales, presented the TransTRAK products. Plus one of the Two Men and a Track franchisees who is a PlanetTRAKS customer gave a demonstration to his fellow franchisees of how the TransTRAK product works including how the TransTRAK product enabled his customers to track their own moving van as it crosses the country.
If you wish to learn more about how PlanetTRAKS and the TransTRAK system can help your company reduce fuel costs and increase the productivity, efficiency and safety of your fleet, please contact Larry Lapaglia (210) 442-2404.
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