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thanks Tex, I like this company, I dont buy or sell stock from what someone on a public forum tells me, I like the potential and Im in long or long enough to make some real money glta
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Plasticon Announces: No Reverse Stock Split
Based on Potential Sales and Earnings, Plasticon Expects Number of Shares Issued and Outstanding Will be in Line With Projected Growth, Therefore Eliminating the Need for Reverse Split
LEXINGTON, Ky., Jun 21, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) today announced that there are no plans for a reverse stock split based on projected sales and earnings. "A reverse stock split is absolutely off the table," said Jim Turek, President and CEO of Plasticon International, Inc. Mr. Turek added that should it be necessary to reduce the number of issued and outstanding shares, management is committed to both retiring its own personal shares and the company is committed to buying back shares as well.
"Our sales and earnings potential is the key driver for our company, and we expect an adequate number of shares as we move forward," Mr. Turek said. "The market potential for our three main product lines - rebar supports, transportation signage, and plastic lumber - is so enormous that a reverse stock split is not required. Rebar supports is a $25 billion per year industry. Transportation signage is a $20 billion industry in the U.S. alone. And plastic lumber sales, which have been rising at a rate of 40% per year, are increasingly gaining market share. We are strategically positioned to become the dominant force and to profit from our product innovations as recycled plastic continues to gain acceptance as the industry standard material for these applications. Increased government regulation, the skyrocketing price of steel, and Plasticon's cost-effective, superior products all combine to position Plasticon for continued profitability."
Plasticon International recently announced that as of the second quarter of 2005, the company is profitable. "This is really a thrilling time for us because the world is catching up to our vision. The assumption now is that companies should be environmentally friendly. We've proven that not only is it the right thing to do, it's the profitable thing to do. We look forward to continuing to provide value to our customers, the public and our shareholders."
Mr. Turek emphasized that after years of laying the foundation of the company, through research and development, product innovations, patent approvals, and applying for and receiving DOT acceptance in all 50 states, Plasticon is now reaping the fruits of its labor. "I believe that the most important trait in business is persistence. With the help of our dedicated, distinguished management team, we built a great base and now we are ready to move into the next phase, which is our aggressive sales and marketing rollout. We are just beginning to see the impact of our exclusive contract with the largest building materials distribution company in the U.S. That contract now makes us the largest supplier of rebar supports in the country. We are also ramping up our global sales and marketing efforts and we certainly expect exponential growth with our major product lines in the near future."
For more information, please visit Plasticon International online at www.plasticonintl.com.
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally-friendly, using recycled plastics to produce its line of products.
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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Green Baron High lighted! "The added commentary from CEO Jim Turek should send PLNI to new highs since our profile last month. He understands and supports the need for a reduction in shares outstanding, and is one of the few CEOs in the world that is actually willing to retire his own personal shares for the good of the overall company and its shareholders. He also is interested in share buybacks as well, which would be a great idea since sales and earnings appear to be on the brink of an explosion."
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SOLUTIONS FOR BUILDERS NATIONWIDE In a unique effort to build strategic alliances between builders and building materials suppliers, BlueLinx established Builder Connection® to benefit both small and large builders and suppliers nationwide. Through the Builder Connection® program, BlueLinx facilitates agreements between its dealer and builder partners to buy BlueLinx-distributed products. By examining the specific needs of each builder, BlueLinx customizes each program to help builders drive cost out of their operations. As part of its commitment to Builder Connection®, BlueLinx has dedicated full-time resources, including regional and national Builder Connection® managers, to generate individualized plans for every builder that enlists in the program.
“The aim of Builder Connection®,” said Bill Schnitzer, national sales manager for BlueLinx and director of the Builder Connection® program, “is to help builders more effectively manage their organizations by offering them unique business solutions. Based on the individual needs of each builder, Builder Connection® can harness powerful resources to help them build more homes, increase margins, reduce cycle time and improve quality.”
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It means if BlueLinx believe in the products they will promote them for increasing margins and improveing quality.... What more would we want????
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MoneyTV, Week of 6/24 Friday June 24, 10:00 am ET Plasticon International, Inc. (Other OTC:PLNI.PK - News) CEO James Turek spoke of the success the company enjoyed on a recent market trip to New York.
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quote:Originally posted by Murnak: It means if BlueLinx believe in the products they will promote them for increasing margins and improveing quality.... What more would we want????
Its not just the cost savings and overall quality they are saving but look at the 6-7% overlayment that they are saving and MORE IMPORTANTLY the man hours on labor. This is a no brainer, the company just didnt have the money and production capabilitys and now they have both. Now they can supply ALL the bluelinx locations instead of the select few they are in now. Watch out, and if u can and believe BUY BUY BUY!!!!!!!!!!! GLTA
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Plasticon Announces That Privately Financed Semco Acquisition is Near Completion via COMTEX
June 29, 2005
10 Potential Exclusive Regional Licensees Already Lined Up to Distribute Semco's Product Line
LEXINGTON, Ky., Jun 29, 2005 (PRIMEZONE via COMTEX) --
Plasticon International Inc. (Pink Sheets:PLNI) today announced that the privately financed acquisition of Semco, Inc. is in its final stages and is near completion.
"This is a very important week in the history of Plasticon International," said Jim Turek, President and CEO of Plasticon International. "This acquisition will add tremendous value to Plasticon, not only in terms of our product synergies but in terms of the direct impact on our bottom line. Our accountants and lawyers are currently taking the final steps to complete the acquisition. We anticipate that the due diligence process will be completed by this Friday. Closing will take place immediately upon completion of Semco's audit, which is imminent."
According to Mr. Turek, there has been exceptionally strong interest in Semco's products among suppliers and distributors in the industry. Semco's revolutionary surfacing technology provides the only products on the market today that completely waterproof the structures they are bonding to. "Since our announcement about the letter of intent to acquire Semco, we have been inundated with phone calls and inquiries about Semco's product line," Mr. Turek said. "In fact, we already have ten potential regional licensees lined up to distribute Semco's product line. The reason for this is simple: Semco's products are both essential and unique. They have the only product on the market which truly prevents water damage. This problem has always plagued the construction industry and costs the U.S. billions of dollars annually."
Like Plasticon International, Semco, Inc. has a deep commitment to being on the cutting edge of technology in their sector. Semco's products, which represent a significant technological advance in the industry, completely waterproof the structure they are bonding to. "Semco's products are able to waterproof the structure they adhere to because of the advanced technology behind their product line. Their products chemically link and bond with the surface they are applied to, which makes them essential to construction companies and distributors. Not only are their products unique," Mr. Turek said, "they also perfectly compliment our recycled plastic rebar support products. This is product synergy at its best. A perfect example of this would be the application to bridge construction, which is a huge segment of the construction industry. A very high percentage of bridges are plagued with water damage problems, and that's why companies increasingly have turned to Plasticon's rebar support products. Now we have the opportunity to sell Semco's concrete coating products to those same customers, which adds a critical layer of waterproofing protection."
Semco's products add years to the life of the structure by eliminating the absorption of water into concrete. Until now, water damage has corroded the metal rebar support which has been used in bridge construction in the past. "The combination of Plasticon's rebar supports, which are impervious to water because they are made from recycled plastic, and Semco's surfacing products, which completely waterproof the structure they are bonded to, is unprecedented in our sector," Mr. Turek said. "These two products, offered together, are the next killer application for the construction industry."
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally-friendly, using recycled plastics to produce its line of products.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements. Statements contained in the press release regarding Semco, are based on information provided by Semco, Inc.
SOURCE: Plasticon International, Inc.
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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Wicklund Holding Company Announces Discussions to Obtain Exclusive Rights to Plastic Rebar
LEXINGTON, Ky., Sept. 16, 2004/PRNewswire-FirstCall/ -- Wicklund Holding Company (Pink Sheets: WKDH) announced today that it has initiated discussions with the inventor and patent holders of a plastic rebar product with the objective of obtaining exclusive rights to that product. The company believes that this new plastic rebar could completely replace traditional steel rebar. The innovative plastic rebar has many advantages over steel rebar, which is commonly used in the construction of almost every structure, including its light weight, reduced cost and the ability of the hollow product to carry fluids, glass or fiber optics, wires, etc. Since the product is co-extruded, any defamation can be applied during the manufacturing process. "This revolutionary new product addresses a vast potential marketplace with a product that we believe to be superior, offering numerous benefits to the user, not the least of which is a direct and significant cost savings," said James Turek, president of Wicklund Holding Company. Wicklund's products can be found in the construction of such notable structures as: The Toronto Sky Dome, Chattanooga Aquarium, Tampa Convention Center, Cleveland Stadium, Kansas City Stadium and the Nuclear Regulatory Facility on Los Alamos. Wicklund's extensive use of recycled materials throughout its manufacturing process significantly reduces its cost of manufacturing while providing for a cleaner environment. You can access an overview of Wicklund Holding Company products by visiting its corporate website: http://www.wicklundholdingcompany.com/ .
Forward-Looking Statement This Press Release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the actual results related to the forward-looking statements could differ materially from those anticipated or implied in the forward-looking statements.
quote:Originally posted by Murnak: Wicklund Holding Company Announces Discussions to Obtain Exclusive Rights to Plastic Rebar
LEXINGTON, Ky., Sept. 16, 2004/PRNewswire-FirstCall/ -- Wicklund Holding Company (Pink Sheets: WKDH) announced today that it has initiated discussions with the inventor and patent holders of a plastic rebar product with the objective of obtaining exclusive rights to that product. The company believes that this new plastic rebar could completely replace traditional steel rebar. The innovative plastic rebar has many advantages over steel rebar, which is commonly used in the construction of almost every structure, including its light weight, reduced cost and the ability of the hollow product to carry fluids, glass or fiber optics, wires, etc. Since the product is co-extruded, any defamation can be applied during the manufacturing process. "This revolutionary new product addresses a vast potential marketplace with a product that we believe to be superior, offering numerous benefits to the user, not the least of which is a direct and significant cost savings," said James Turek, president of Wicklund Holding Company. Wicklund's products can be found in the construction of such notable structures as: The Toronto Sky Dome, Chattanooga Aquarium, Tampa Convention Center, Cleveland Stadium, Kansas City Stadium and the Nuclear Regulatory Facility on Los Alamos. Wicklund's extensive use of recycled materials throughout its manufacturing process significantly reduces its cost of manufacturing while providing for a cleaner environment. You can access an overview of Wicklund Holding Company products by visiting its corporate website: http://www.wicklundholdingcompany.com/ .
Forward-Looking Statement This Press Release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the actual results related to the forward-looking statements could differ materially from those anticipated or implied in the forward-looking statements.
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i saw tillco to it is a whole different ball game remember plni makes it product out of recycles and is a us government ceritfied green company and nobody eles can say that in this business an other business tried to duplicate plni product and had them selves sued to pices by plni. in other words on all federal projects all contractor will be given incentives to use plni products and incouraged to do so.
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I posted the fact that there was plastic rebar earlier, and was ripped to shreds. The fact is plni is a green company, and use of there products does come with perks, in the form of tax breaks, so imo, contractors would favor there rebar supports compared to a fiber glass plastic rebar.
-------------------- Time will give you what you want!
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quote:Originally posted by George: but why would he say there are NO plastic rebar when there is? as shown by the tillco link.
George, fiberglass and plastic are two different aniamls. Its like comparing steel to aluminum. Two different uses and two different applications and long term effects. Does tillco have 50 state, federal approval?? with thier product in hundreds of high profile buildings??? NOPE....save your troubles and buy PLNI and put it away for a year or so then come back and check on it. GL
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lilhen i am sorry that you were attacked for an opion,question,or a statement that is not right. one of the reasons we have this post is to get information so we can all make a better decision about an investment. a small mind is one that runs with blinders on
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Thank you bond. I would also like for you guy's to take a look at this. West Virginia Bridge Constructed with Plastic Rebar Civil Engineering Database. West Virginia Bridge Constructed with Plastic Rebar. Civil Engineering—ASCE, Vol. 67, No. 2, February 1997, pp. 11-12. Document type: News Item. Subject Headings:www.pubs.asce.org/WWWdisplay.cgi?9701247 - More from this site - Save - Block
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There is no plastic rebar. That was a missunderstanding from some time ago when there was talk of experiments in rebar. Most people here don't know much about building so it sounded feasable. Their own (plni) advertisement on their website shows what they do sell.
fyi the reason their products are important and spell a great future for this company is because they are cost effective, and they solve one of the most difficult problems in the field of construction. All steel rebar, the support structure in concrete must be tied off. That is, secured in position with some type of material.
When concrete is poured in the forms it would displace the rebar and compromise the support structure. So to hold the bar in place away from each other and the forms it must be tied off. This is a time consuming process requiring rolls of soft wire, and various types of wire formed differently for each application, say for a ten inch beam or column or a sixteen inch and all those in between.
These wire pieces eventually actually cause a deterioration of the steel where they are fastened through the, to put it simply, electrical reaction between dissimular metals. This action causes corrosion and cracking in the concrete which is distructive.
Plni's products effectively end this and that is the basic reason for their bright future.
Sorry for boring those of you who already know this stuff, but there seem to be a lot of people who think that the volume of rebar (plastic) is the key and it's just not true. The world wide need for these products is the ke, along with an intelligent business plan. Lets hope they have it.
-------------------- If you don't have instincts, get out. If you do; go with them.
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***********.com: ***********.com: Stock Watch: In The News (Pink Sheet: PLNI) Plasticon International Inc., (OTCBB: CSII) Conversion Services International, Inc., (Pink Sheet: UNQT) Union Equity, Inc. via COMTEX
June 30, 2005
Jun 30, 2005 (M2 PRESSWIRE via COMTEX) --
***********.com: Stock Watch: In The News (Pink Sheet: PLNI) Plasticon International Inc., (OTCBB: CSII) Conversion Services International, Inc., (Pink Sheet: UNQT) Union Equity, Inc.
(Pink Sheet: PLNI) Plasticon International Inc. announced yesterday "that the privately financed acquisition of Semco, Inc. is in its final stages and is near completion. "This is a very important week in the history of Plasticon International," said Jim Turek, President and CEO of Plasticon International. "This acquisition will add tremendous value to Plasticon, not only in terms of our product synergies but in terms of the direct impact on our bottom line. Our accountants and lawyers are currently taking the final steps to complete the acquisition. We anticipate that the due diligence process will be completed by this Friday. Closing will take place immediately upon completion of Semco's audit, which is imminent.""
(OTCBB: CSII) Conversion Services International, Inc. "a premier professional services firm focused on delivering the value in business intelligence, data warehousing and data management solutions to Global 2000 organizations and other businesses," recently "announced another healthcare leader has selected the Company to provide information delivery professional services." (Pink Sheet: UNQT) Union Equity, Inc. "has registered http://www.KingOffer.com for inclusion in the Google AdSense program, enabling Google to utilize the new real estate website to post cost-per-click (CPC) or cost-per-1000-impressions (CPM) advertisements for their clients."
www.***********.com boosts it's newly designed web site with many informational investor links. ***********.com has been in existence since 1999. The site is designed to be investor friendly for the novice investor to the experienced investor. You are invited to ***********.com to have an experience you will not find anywhere.
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Plasticon Announces that R&S Manufacturing Increases Order by 50% via COMTEX
June 30, 2005
R&S, one of the largest manufacturers and suppliers of Concrete Post-Tension Construction Cable in the U.S., increases order to over $750,000
LEXINGTON, Ky., Jun 30, 2005 (PRIMEZONE via COMTEX) --
Plasticon International Inc. (Pink Sheets:PLNI) announced today that R&S Manufacturing has increased their order for Plasticon's recycled plastic rebar supports by 50%, bringing their order this year to over $750,000. Plasticon's patented rebar supports, the most advanced in the industry, will be supplied to R&S's customers with every order of their post-tension cable products.
"The initial order for our rebar supports was placed at the beginning of this month, and now the order has already been increased by 50%," said Mr. Jim Turek, President and CEO of Plasticon International. "Those numbers speak for themselves. We are excited that our relationship with R&S manufacturing is already exceeding expectations. R&S is a dynamic, growing company and we look forward to continuing to build the relationship with them. Every order of post-tension cable will be accompanied by our rebar support products. R&S Manufacturing is one of the oldest, most trusted names in post tensioning cable sector and we believe that demand will continue to increase for their products. We are looking forward to continuing to develop our relationship with R&S."
R&S Manufacturing, which has been in business for over 20 years, is one of the leading post tension cabling suppliers in the United States. Post tensioning, which is used in slab construction, is a method of strengthening and reinforcing concrete using steel cables. "R&S's products and Plasticon's products will work together seamlessly, and will provide construction companies with the best in breed solution for strengthening concrete," Mr. Turek said.
Mr. Turek also noted that R&S has now requested that Plasticon International design and manufacture customized products based on their specifications. "I am extremely pleased with the close working relationship that has developed between the management team of R&S Manufacturing and Plasticon International. We are delighted to be working with another industry leader, and I look forward to continuing to work with them on product improvements for our industry."
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies, which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting-edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally-friendly, using recycled plastics to produce its line of products.
Plasticon International, Inc.: Jim Turek, President and CEO 3166 Custer Drive, Suite 101 Lexington, Kentucky 40517 web site: www.plasticonintl.com
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements that are not historical facts are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.
-------------------- It is impossible to make anything foolproof because fools are so ingenious.
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Mr. Turek also noted that R&S has now requested that Plasticon International design and manufacture customized products based on their specifications. "I am extremely pleased with the close working relationship that has developed between the management team of R&S Manufacturing and Plasticon International. We are delighted to be working with another industry leader, and I look forward to continuing to work with them on product improvements for our industry."
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quote:Originally posted by Murnak: love this part!
Mr. Turek also noted that R&S has now requested that Plasticon International design and manufacture customized products based on their specifications. "I am extremely pleased with the close working relationship that has developed between the management team of R&S Manufacturing and Plasticon International. We are delighted to be working with another industry leader, and I look forward to continuing to work with them on product improvements for our industry."
For those who dont know this little tidbit of info::: GP(Bluelinx) AND R&S came knocking on Plasticons door, PLNI did not solicit them. In todays business world when you have a niche product and people calling you instead of the other way around you have made your mark! Sit back and relax cause its only going up, yes it may dip before it bumps but in the long term you will Never see these prices again. IMHO of course
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Search for info on R&S Manufacturing, and this is all I found. I figure this can't be right. R&S Manufacturing rsmanufacturing.com. Contact Us. Place an order. Contact Information. Phone Numbers: 972-365-7948. Fax: 214-324-5995. Address: R&S Inc. ... Click here for more information... R&S Manufacturing is your custom sheet metal specialist ... R&S Manufacturing also specializes in the design and fabrication of rigid insulated boards ... Does anyone know of a link to find the company that produces the post tensioning cables that the PLNI's PR spoke of. This company fabricates HVAC duct work.
-------------------- Time will give you what you want!
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R & S Manufacturing, LLC 7701 Chattsworth Road Level: none Columbus, GA 31820 USA Phone #: (706) 256-0300Fax #: Contact: Mike Ryan Website: Email Address: http://www.post-tensioning.org/
Here is another company that has plastic re-barb supports
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glta
