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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
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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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.....
-------------------- I teach in the middle of a cornfield-Do your own DD and don't base your investments on my opinions Posts: 599 | From: AmishLand, PA | Registered: Jan 2006
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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
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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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.
Posts: 399 | From: Dubai | UAE | Registered: Sep 2005
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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
-------------------- Can I have some money now?
- DC Posts: 488 | From: Northern California | Registered: Dec 2005
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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
-------------------- Penny Stock Newb, Looking to rob you of your knowledge! Posts: 22 | From: Warwick, RI | Registered: Feb 2006
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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...
-------------------- Can I have some money now?
- DC Posts: 488 | From: Northern California | Registered: Dec 2005
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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.
Posts: 399 | From: Dubai | UAE | Registered: Sep 2005
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I'm losing my shirt here...cut my losses and run? or hold for a slightly lesser loss?
Posts: 17 | From: FL | Registered: Feb 2006
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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.
Posts: 399 | From: Dubai | UAE | Registered: Sep 2005
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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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-------------------- 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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