posted
Patent. Who cares? Talk about leadership or lack of leadership,promises not delivered, audits thats been coming for two years. Patents they've had morals they do not.
Posts: 31 | Registered: Feb 2006
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By: wynno6 05 Apr 2006, 02:44 PM EDT Msg. 54094 of 54123 Jump to msg. # Real News is I Spoke with Jim T jr. Called plasticon headquarters at 859-245-5252. Told the secretary I was a contractor interested in Rebars. She put me through to Jim jr. We spoke about the benefits of PLNI's rebars and the tremendous advantage of ProMold to PLNI. He gave me the names of the two contact people at BlueLinx Alyssa Babin or a Michael Thornton 1-770-221-2944. He told me that the Blue Linx distributorship is going well and "Sales are more in the last 3 months than the previous 2 years combined."
I told him that we don't want to purchase off of Companies who are not financially strong. That the pinksheet info. concerned us, since pink sheet Companies are usually garbage.
He understood and assured me that Plasticon is financially sound. I went on to probe him about the pink sheet listing and stock price and he would not comment because of SEC regulations.
I like the fact that the hyping of PLNI seems to have subsided. I like that everyone is concerned about the "SEC". I definatly don't get the impression of desperation here or a Company that is collapsing. Sales and earnings are what will propel PLNI to greater heights and the sales now are better than ever.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
Its a dead stock. This won't move again until there ever is an audit. (MAYBE IN THE YEAR 2025). Or Turek steps down. Maybe a name change will help or open letter to shareholders or buyback of shares, than reissuance 20 times more than buyback or mergers promised. I FORGOT BEEN THERE AND THEY DONE IT.
Posts: 31 | Registered: Feb 2006
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posted
Very soon we'll know. THATS BEEN SAID FOR OVER TWO YEARS. I'll repeat.
Its a dead stock. This won't move again until there ever is an audit. (MAYBE IN THE YEAR 2025). Or Turek steps down. Maybe a name change will help or open letter to shareholders or buyback of shares, than reissuance 20 times more than buyback or mergers promised. I FORGOT BEEN THERE AND THEY DONE IT.
Posts: 31 | Registered: Feb 2006
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posted
More garbage....Good companys don't need to tear their shareholders Heads off with dilution and paying Pump and Dump sites to shill there stock..
When are people going learn..
R/S? DON'T PEOPLE SEE IT?
Posts: 10729 | From: oregon | Registered: Feb 2005
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posted
If I went to the movies and the story never ended I would eventually go home. OVERDUE IS AN UNDERSTATEMENT. Bring your pillow to this dog & pony show.
How do you know no R/S? On the payroll?
Posts: 31 | Registered: Feb 2006
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posted
Still may have to wait a week or two for all hell to break loose! Way over due but i hear any day now.... It doesn't take a lot of trades to make up some of these low volume days....
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
FYI, The company has once again increased the authorized shares, this time by another 160% to 13 Billion, plus 500 million preferred. They seem to be doing this on a 6 month regular basis, having increased it last april from 2 to 3 billion, then in October from 3 to 5 billion shares.
Go to http://soswy.state.wy.us/Corp_Search_Main.asp then type in Plasticon, then hit the link. The info is in the lower left hand corner. They amended on April 6th, but didn't hit until today.
[ April 13, 2006, 12:50: Message edited by: StockHunter ]
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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quote:Originally posted by Repoman75: The Green Baron strikes again!
The website for Money TV is www.MoneyTV.net and it is another great way to learn about small and medium sized companies. A direct link to this weekend’s show is www.emergingcompany.com/volume10week14.htm and can now be viewed. The Green Baron’s interview is the second interview in the segment and takes place just after the chat with CEO Stephen King of a company called Synova Healthcare Group. This landing page from the show link will require you to choose your streaming video player and connection speed.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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5. Liquidity As shown in the accompanying financial statements, the Company incurred net losses of $31,334,147 and $73,648,555 for the years ended December 31, 2005 and 2004, respectively. Current liabilities exceed current assets by $2,709,686 and $10,524,995 for the years ended December 31, 2005 and 2004, respectively. Management expects the acquisitions to help improve operations and cash flows during 2006.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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11. Subsequent events In January 2006, the Company acquired all the stock of SEMCO Manufacturing (SEMCO), a Nevada business that manufactures and sells concrete coating products. The purchase terms are payment of $2,650,000 consisting of $650,000 in cash (amount paid as of 12/31/2005 and included in other long-term assets) and $2,000,000 in performance payments (50% of Net Profits as defined) plus Plasticon restricted common stock worth $100,000. Additionally, the Company will pay a royalty payment (4% of Net Profits as defined) for twenty years beginning after the $2,000,000 of performance payments are made. The agreement includes a five year employment agreement with a base salary and other benefits specified. Management is in the process of gathering information to apply purchase accounting to the SEMCO acquisition. The operations from SEMCO will be included in the operating results of the Company starting February 1, 2006.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
Damn...net losses of 31 mil and 73 mil...that don't sound good...
quote:Originally posted by Murnak: pg 25
5. Liquidity As shown in the accompanying financial statements, the Company incurred net losses of $31,334,147 and $73,648,555 for the years ended December 31, 2005 and 2004, respectively. Current liabilities exceed current assets by $2,709,686 and $10,524,995 for the years ended December 31, 2005 and 2004, respectively. Management expects the acquisitions to help improve operations and cash flows during 2006.
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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