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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.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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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!
-------------------- IF YOU DON'T TRY, YOU WON'T LEARN Posts: 80 | From: KS | Registered: Apr 2005
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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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