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PLKC Another Contract...
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[QUOTE]Originally posted by Black0r: [QB] If you ask me, they're diluting like hell... Look here: http://www.pinksheets.com/quote/company_profile.jsp?symbol=PLKC [i]Authorized Shares: 800,000,000 as of 2005-09-06[/i] And then there: http://biz.yahoo.com/e/060111/plkc.ob8-k.html [i]...annual meeting held on December 16, 2005. The amendment [b]changed the number of shares authorized to 1.5 billion[/b] shares...[/i] 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. [/QB][/QUOTE]
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