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Author Topic: PLNI....
Murnak
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pg 35

Management’s Discussion and
Review of Unaudited 2005 Financial
Statements
The Company wishes to inform its shareholders and the public regarding the 2005
financial statements and the outlook going forward.
We would first like to call your attention to the Consolidated Balance Sheet, page 1,
regarding Total Assets for 2005, vs. Total Assets for 2004. Regarding the 2005 year-end
December 31 st, please note the increase in Assets from $659,549.00 in 2004 to
$6,684,730.00 in 2005. This represents an increase of over 1000% in Total Assets.
On page 2 of the Consolidated Balance Sheet, regarding Total Liabilities in 2005 vs.
Total Liabilities for 2004. Total Liabilities in 2005 were $5,197,620 while Total
Liabilities for 2004 were $10,665,501. This represents a reduction of the Total
Liabilities from 2004 to 2005 of 52%.
The Company’s Assets exceed its liabilities based on current financial reporting, which
does not include the SEMCO acquisition or the independent appraisal of the Company’s
patents and molds. In addition, the Company has an asset of loss carried forward, in the
amount of $12,821,185. This asset will offset future tax liabilities against earned income.
On page 3 of the Statement of Operations, regarding loss from operations and net
loss, this figure represents a bookkeeping entry according to GAAP (Generally
Accepted Accounting Practices) and FASB (Financial Accounting Standards Board
practices) called Beneficial Interest Expense. The entry of Beneficial Interest Expense
has nothing to do with loss from operations, but is simply a bookkeeping entry of
shares issued during the year 2005. This figure represents the issuance of stock and is
a direct reflection of that issuance, and not loss from operations or net loss. Please note
the decrease in Beneficial Interest from 2004 to 2005 of 57%.
Regarding page 3 of the Statement of Operations, basic and diluted loss per
common share. Please note the decrease from 2004 to 2005 of .07 to .01
respectively, which represents a decrease in loss per common share of 86%. This
trend shows the Company is close to positive earnings per share, and in fact, will
show in net positive earnings per share in 2006.
The Company is pleased to have completed its unaudited financial statements and posted
them on www.pinksheets.com and will shortly hereafter file its fully audited statements
with the SEC and post them on www.pinksheets.com as well.
In general, as we reflect upon Plasticon’s December 31, 2005 year-end financial
statements, every aspect shows positive trends for the Company and we are confident that
FY 2006 will be the most positive year for Plasticon International, Inc., in terms of sales
and earnings. The Company has begun the second stage in the life of this organization
and has commenced its initial growth years with the first quarter of 2006. We base this on
two major acquisitions, Pro Mold, Inc. and SEMCO Mfg, Inc., as well as the rollout of
our major distribution contract with the nation’s largest distributor of building materials.
The first quarter of 2006 has been a dramatic turnaround in sales and earnings for the
Company, and this will be reflected in the audited quarterly statements for 2006.

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It is always darkest before it goes completely BLACK!!!

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nar31977
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this stocks sucks.........people tauting it are at a LOSS....... FLATLINE.........its dead
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Murnak
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Still trying to decipher!lol

"The first quarter of 2006 has been a dramatic turnaround in sales and earnings for the
Company, and this will be reflected in the audited quarterly statements for 2006."

Looks like up from here!

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Murnak
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Plasticon Posts 2005 and 2004 Financial Statements and Disclosure Document on www.pinksheets.com

LEXINGTON, KY, Apr 25, 2006 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PLNI : plasticon intl inc com PLNI 0.00, 0.00, -8.7%) is pleased to announce that the company has posted unaudited 2005 and 2004 financial statements and a full disclosure statement on www.pinksheets.com, with audited financial statements to follow.
Plasticon's financial statements do not include results of operations from the SEMCO Manufacturing and Pro Mold acquisitions and back orders from their exclusive distribution contract with the nation's largest distributor of building materials. Additionally, the financial statements do not reflect patent and mold valuations, which are footnoted in the financial statements. At present, an independent appraisal of the Company's patents and molds is in excess of $20,000,000.00. For more information regarding the independent appraisal, please see supporting documents attached to financial statements.
According to Jim Turek, President and CEO, "The Company is pleased to have made progress with its accounting issues and as we prepare to file audited financial statements with the SEC, Plasticon will now turn its attention to the issue of the share structure of the Company. With that in mind, we have retained legal representation along with logistical support organizations and have begun the process of preparing its SEC filings and subscription agreements in order to proceed with the buy back program. The Company has instructed its legal representation and logistical support organizations that we fully intend to proceed with the buy back program immediately. We expect an announcement regarding the commencement of the buy back to be forthcoming."

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It is always darkest before it goes completely BLACK!!!

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Dagger Depot
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Looks like they got out the paddles and are trying to make it back upstream.

We'll just have to see how this goes.

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Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere....

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Murnak
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Should be interesting!lol

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Repoman75
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Row Green Baron, ROW ROW ROW!

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Stick with Repo's plan in '07 - FRPT/DKAM!

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Murnak
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quote:
Originally posted by buck*******:
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.


On page 3 of the Statement of Operations, regarding loss from operations and net
loss, this figure represents a bookkeeping entry according to GAAP (Generally
Accepted Accounting Practices) and FASB (Financial Accounting Standards Board
practices) called Beneficial Interest Expense. The entry of Beneficial Interest Expense
has nothing to do with loss from operations, but is simply a bookkeeping entry of
shares issued during the year 2005. This figure represents the issuance of stock and is
a direct reflection of that issuance, and not loss from operations or net loss.

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It is always darkest before it goes completely BLACK!!!

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YellowSubmarine
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Plasticon Posts 2005 and 2004 Financial Statements and Disclosure Document on www.pinksheets.com

LEXINGTON, KY, Apr 25, 2006 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (OTC: PLNI) is pleased to announce that the company has posted unaudited 2005 and 2004 financial statements and a full disclosure statement on www.pinksheets.com, with audited financial statements to follow Plasticon's financial statements do not include results of operations from the SEMCO Manufacturing and Pro Mold acquisitions and back orders from their exclusive distribution contract with the nation's largest distributor of building materials. Additionally, the financial statements do not reflect patent and mold valuations, which are footnoted in the financial statements. At present, an independent appraisal of the Company's patents and molds is in excess of $20,000,000.00. For more information regarding the independent appraisal, please see supporting documents attached to financial statements.


According to Jim Turek, President and CEO, "The Company is pleased to have made progress with its accounting issues and as we prepare to file audited financial statements with the SEC, Plasticon will now turn its attention to the issue of the share structure of the Company. With that in mind, we have retained legal representation along with logistical support organizations and have begun the process of preparing its SEC filings and subscription agreements in order to proceed with the buy back program. The Company has instructed its legal representation and logistical support organizations that we fully intend to proceed with the buy back program immediately. We expect an announcement regarding the commencement of the buy back to be forthcoming."

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, informational & directional signage and plastic lumber, 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.

Contact
Investor Relations:
Rodney Marvel
Ph: 866 843 2775
SOURCE: Plasticon International, Inc.

.

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Dagger Depot
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I think IF they do start the share retirement soon...this will make it back up to my "break even" point. Then I'll just "continue" to wait for more audit smoke...

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Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere....

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Murnak
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GB may have it right!

"Most know the story of Plasticon already, but we encourage those that do not to review the acquisitions of Pro Mold and SEMCO Manufacturing and see what they mean to the future of this potential leader of industrial and commercial products. It is a bit frustrating that Plasticon was forced to make stock issuances to pay for these strategic acquisitions, but results from these operations over the next several quarters and years could set record growth numbers.

The Green Baron Report believes that Plasticon truly wishes to reduce its shares outstanding and will be presenting a buyback program that could make heads turn. Most of the shares issued over the past year were done in good faith to make smart acquisitions, and we understand many of the shares are being held in kind against loans and are not expected to ever reach the market. Most importantly, we firmly believe that Plasticon still has absolutely no intention to reverse split its shares."

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It is always darkest before it goes completely BLACK!!!

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imakmony2005
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AM GAP.imo
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clbgroove
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Buck...... You ever make a chit load of money tax free????? Well with the losses we have aquired we now have that ability!!!!
After all, tax free profits are the reason people from other countries come to this great land of the free!!!!
Tax free for the first 7-10 years....now u are part of a company that has the same advantage and can post some profits WITHOUT giving it all away!!!! ROCK ON

quote:
Originally posted by buck*******:
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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nar31977
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LOL......... unaudited 2005 and 2004

LOL...man.........did they do that AUDIT YET!!!!!

****ing scam company......

They have been BS'ing about the AUDIT for MONTHS NOW.........ONLY TO RELEASE AND UN- AUDIT!!!

LOL........Lance, please tell me your going to sell this as soon as a newbie buys it!!

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YellowSubmarine
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All you guys need to keep in mind that there is a MAJOR planned IR/PR campaign ready to roll out over the next several months.

You can burn a lot of 'commish' money flipping and farting around, but you'll probably do better constantly buying on any dips for a long term HOLD.

$10 bucks worth of 'commish' on a SELL, would have still bought you a good handful of shares at these prices.

PS & O/T: If you're not in ACHI and RSHN bigtime also, then you've missed the freakin' transoceanic canoe......

.

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Murnak
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Throughout 2004 and 2005, the company spent a great deal of its time gearing up and
gearing down in the production cycle. During this time, in cooperation with Plasticon
and BlueLinx Corporation (a wholly owned subsidiary of BlueLinx Holdings, Inc.)
engineers, the company has developed new quality control protocols that will allow
Plasticon to ramp up production without interruption, allowing 2006 to be the
breakout year for sales and earnings going forward. At the present time, the company
recently received 12 purchase orders from BlueLinx. The company is now poised to
continue growing sales throughout 2006 and into the future.

https://www.otcstockinfo.com/repository/671/671_FR2.pdf

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Murnak
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Now if the weather cooperates we should have a banner year!

"In addition to its unique distribution position, the company is also the first
manufacturer in its sector with DOT approval or acceptance in all 50 states and
territories in the U.S., all provinces in Canada, and in parts of the Caribbean. This
competitive advantage gives the company the ability to distribute its patented line of
rebar support products that are used in the construction of bridges, highways, roads,
buildings and other infrastructure."

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Murnak
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interesting!

http://investorshub.com/boards/read_msg.asp?message_id=10862785

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Interesting
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I think the company should start buying back some shares. All those additional assets got to be pulling in that much more money.
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Dagger Depot
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I seem to remember several times that PLNI mentioned they are "profitable" during 2005. I dont have time to go back and look where it was mentioned, but I know it was mentioned.

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Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere....

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Murnak
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TalkingStocks.com: Talking Stock Alerts for Thursday, May 4, 2006: ACRG, PLNI, PKTX, ORXT, and ARME

Dallas, Texas, May 04, 2006 (M2 PRESSWIRE via COMTEX) -- Talking Stock Alerts for Thursday include ACR Group Inc (OTCBB: ACRG), Plasticon International, Inc. (OTC: PLNI), ProtoKinetix, Inc. (OTCBB: PKTX), Orsus Xelent Technolgies, Inc. (OTCBB: ORXT), and Armor Electric Inc. (OTCBB: ARME)
ACR Group Inc (OTCBB: ACRG) closed down at 1.24%, trading 35,300 shares on Wednesday.

ACR Group, Inc. is a wholesale distributor of air-conditioning, heating, and refrigeration ("HVACR") equipment and supplies. As of November 30, 2005, the Company owned and operated 49 branch locations that are organized into six business units covering nine states.

Plasticon International, Inc. (OTC: PLNI) stayed even at $0.0043, trading 29,450,118 shares on Wednesday.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, and plastic lumber 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


http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5 Cmt%5C2006%5C05%5C04%5C78356684.html%26clientid%3D168%26provider%3DM2_COMMUNICAT IONS&symbol=PLNI

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Murnak
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Get the fireworks ready folks!

WICKLUND HOLDING CO 0000318262 10-K 5/4/2006 12/31/2004
http://www.pinksheets.com/quote/filings.jsp?symbol=PLNI

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Murnak
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or you prefer the SEC site!

http://www.sec.gov/cgi-bin/browse-edgar?company=&CIK=0000318262&filenum=&State=& SIC=&owner=include&action=getcompany

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Murnak
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Definitely need more information to make any decisions, keep in mind going forward could be good if they learned from their mistakes! lol

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Murnak
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Throughout 2004 and 2005, the company spent a great deal of its time gearing up and gearing down in the production cycle. During this time, in cooperation with Plasticon and BlueLinx Corporation (a wholly owned subsidiary of BlueLinx Holdings, Inc.) engineers, the company has developed new quality control protocols that will allow Plasticon to ramp up production without interruption, allowing 2006 to be the breakout year for sales and earnings going forward. At the present time, the company recently received 12 purchase orders from BlueLinx. The company is now poised to continue growing sales throughout 2006 and into the future.

Bottom of page 45!

https://www.otcstockinfo.com/repository/671/671_FR2.pdf

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Interesting
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Murnak, thanks for doing some DD for this company. My confidence is back. :-)
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Murnak
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Plasticon International Inc. Completes Audited Financial Statements
Monday May 8, 8:30 am ET


Plasticon Completes Audits and Submits Filings to the SEC


LEXINGTON, KY--(MARKET WIRE)--May 8, 2006 -- Plasticon International, Inc. (Other OTC:PLNI.PK - News) is pleased to announce they have completed their Audits and have submitted its filings to the SEC. Plasticon International Inc. has completed their audits for 2003 and 2004 and will now move expeditiously to complete their audits for the year end 2005 and the first quarter of 2006.
Plasticon International's financial statements have been audited by Mendoza Berger Company, L.L.P., CPA, who has served as the independent auditor for the Company during the fiscal years ended December 31, 2004 and 2003. Plasticon International's financial statements have been filed along with an information statement on www.pinksheets.com. The Company is presently nearing completion of the 2005 audit and expects to make its filings available in the near future, along with the first quarter of 2006.

Upon completion of the 2005 year end audit and the first quarter of 2006, which the Company fully expects to have the very near term, Plasticon will submit the necessary filings to move the Company to the OTC:BB.

"We have commissioned a leading Market Maker to submit the necessary filings with the SEC and NASD to move the Company up to the NASDAQ Bulletin Board," said Jim Turek, President and CEO of Plasticon International, Inc. "It is our goal to move the Company to the NASDAQ Bulletin Board as quickly as possible. Once we have completed the move to the OTC:BB, we will then focus on bringing the Company to the American Stock Exchange."

Mr. Turek added, "This is a very exciting time for Plasticon International, Inc. This is truly a milestone for the Company. By completing its audits, Plasticon is moving forward and getting closer to its goal of moving to higher markets. In the coming days and weeks, the Company will be making additional financial information available to its shareholders and the public, which will include un-audited financial statements for the first quarter of 2006. These numbers will clearly show a dramatic turnaround in the sales and earnings of the Company and demonstrate unmistakably that the Company has turned the corner has now begun the initial stages of its growth years. Upon making the first quarter of 2006 financial statements available to our shareholders and the public, we fully anticipate being re-quoted on www.pinksheets.com."

Mr. Turek also noted, "There are many significant developments regarding sales that the Company will be discussing with its shareholders and the public in the coming days and weeks. Additionally, we will be implementing the buy back program and addressing the share structure of Plasticon International, Inc. Once again, the Company wishes to be clear that there are no plans for a reverse split now or in the future. The Company fully intends to address the restructuring of Plasticon's issued and outstanding shares through the buy back program, and we fully intend to commence the buyback in the very near term."

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, informational & directional signage and plastic lumber, 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.


Contact:
Contact:
Investor Relations
Rodney Marvel
Ph: 866 843 2775

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Murnak
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Monday, May 8, 2006

Special Update from GB!

Plasticon Intl. (PK; PLNI)

News Alert: PLNI Issues Press Release before Market Open

Plasticon International Inc. Completes Audited Financial Statements

On Tuesday, April 25, The Green Baron Report provided an update on Plasticon International following the Company’s announcement it posted its disclosure document and unaudited financial statements with www.pinksheets.com. Our update was intended to assure our members that we were staying the course and still expected the Company to make good on its promises over the past year. Since the press release, chatter on the message boards warn that the Company would never file audited financials, conduct a buyback program, file to go on the Bulletin Board, or explain its shares structure. Still others are scaring investors with unfounded rumors like an imminent reverse split.

We believe scare tactics have helped contain the upside in PLNI share price till now. PLNI stock has given back the entire rally on April 25 to close once again at .0042 per share on Friday May, 5, the same closing price it had back on April 24. Adding to the concern, it appears the newly merged TD Ameritrade is asking many of its clients that hold Plasticon stock to move their accounts. We still cannot get an answer from Ameritrade why they would want to cast aside good clients other than that it was a “business decision”. It looks to us like some pencil neck at TD Ameritrade may soon need to peruse the classifieds for a new job.

Today’s press release confirms that Plasticon has filed audited financials, will follow through with a buyback program, and fully intends to go to the Bulletin Board. The Company recognizes the need to further explain its share structure and the current condition of the company. It appears that Plasticon is very excited about numbers from the first quarter of 2006. CEO Jim Turek states, “These numbers will clearly show a dramatic turnaround in the sales and earnings of the Company and demonstrate unmistakably that the Company has turned the corner has now begun the initial stages of its growth years.”

On April 25, 2006 The Green Baron Report said, “Most importantly, we firmly believe that Plasticon still has absolutely no intention to reverse split its shares.” In today’s news that strictly refutes the reverse split rumors it says, “…the Company wishes to be clear that there are no plans for a reverse split now or in the future.” CEO Turek adds, “The Company fully intends to address the restructuring of Plasticon’s issued and outstanding shares through the buy back program, and we fully intend to commence the buyback in the very near term.”

We recognize that a lot of Green Baron members own Plasticon judging by the amount of email we receive. We have been promising our members an exclusive Green Baron webcast with CEO Jim Turek and Senior Consultant Bill Howe as soon as audited financials were filed. The Green Baron Report has already been in contact with them and they have kindly accepted our request for a webcast interview. We hope to have the webcast interview available by the end of this week, and will ask many of the questions you have sent us over the past several months.

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It is always darkest before it goes completely BLACK!!!

Posts: 2322 | From: FL | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
Dagger Depot
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...ameritrade wont let me buy more shares...

I sent them an email letting them know that if I have to go through the trouble of opening a new account with another firm, that I would be closing the account with them and taking my business to the new account.

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Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere....

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Murnak
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When the shorts cover....look out!

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It is always darkest before it goes completely BLACK!!!

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TickTrader
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quote:
Originally posted by Dagger Depot:
...ameritrade wont let me buy more shares...

I sent them an email letting them know that if I have to go through the trouble of opening a new account with another firm, that I would be closing the account with them and taking my business to the new account.

Dagger, if ameritrade won't let you buy, then they can't locate shares. In my experience, they are the best connected of all brokers for securing shares on anything.

Gotta love it, but sorry you can't get more.

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ticked

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Dagger Depot
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quote:
Originally posted by Murnak:
Monday, May 8, 2006

Special Update from GB!

... Adding to the concern, it appears the newly merged TD Ameritrade is asking many of its clients that hold Plasticon stock to move their accounts. We still cannot get an answer from Ameritrade why they would want to cast aside good clients other than that it was a “business decision”. It looks to us like some pencil neck at TD Ameritrade may soon need to peruse the classifieds for a new job.

I assume this would be why I cannot buy...

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Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere....

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TickTrader
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???

Nobody asked me. Good time to refer any future request of that nature to my atty, though.

Still gotta love it.

Failure to cover? or failure to communicate?
We'll see.

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ticked

Posts: 493 | From: Wasilla, Alaska | Registered: Mar 2006  |  IP: Logged | Report this post to a Moderator
Murnak
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Anyone know what these are???

4 Impermeable concrete-like products made from recycled glass.

http://www.plasticonintl.com/about_us.html

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It is always darkest before it goes completely BLACK!!!

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Murnak
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Plasticon International, Inc. (PLNI) SqueezeTrigger Price Is $0.008; Approximately 794 Million Shares Shorted Since January 2005 According to ********** Research Report

Last Update: 8:30 AM ET May 10, 2006


CORONA DEL MARA, CA, May 10, 2006 (MARKET WIRE via COMTEX) -- WWW.********** is initiating coverage of Plasticon International, Inc. (PLNI
PLNI ) after releasing the latest short sale data to May 2006. From January 2005 to May 2006 approximately 10.4 billion total aggregate shares of PLNI have traded for a total dollar value of nearly $83.5 million. The total aggregate number of shares shorted in this time period is approximately 794 million shares. The PLNI SqueezeTrigger price of $0.008 is the volume weighted average short price of all short selling in PLNI. A short squeeze is expected to begin when shares of PLNI close above $0.008. To access SqueezeTrigger Prices ahead of potential short squeezes beginning, visit http://WWW.**********.
Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
January '05 99,733,360 7,679,469 $0.003 $ 23,038
February 162,740,080 12,530,986 $0.003 $ 35,087
March 69,280,392 5,334,590 $0.003 $ 15,470
April 105,720,168 8,140,453 $0.003 $ 23,607
May 1,030,887,616 79,378,346 $0.011 $ 849,348
June 639,579,456 49,247,618 $0.015 $ 753,489
July 450,594,752 34,695,796 $0.015 $ 530,846
August 429,448,672 33,067,548 $0.013 $ 423,265
September 423,765,856 32,629,971 $0.013 $ 437,242
October 462,601,408 35,620,308 $0.010 $ 370,451
November 964,371,008 74,256,568 $0.007 $ 534,647
December 940,215,360 72,396,583 $0.005 $ 383,702
January '06 2,114,025,728 162,779,981 $0.005 $ 862,734
February 1,082,063,104 83,318,859 $0.007 $ 541,573
March 658,098,944 50,673,619 $0.006 $ 298,974
April 678,449,664 52,240,624 $0.005 $ 261,203
May 92,029,720 7,086,288 $0.004 $ 31,180
Total: 10,403,605,288 793,991,319 $0.008 $6,375,856
* short volume is approximated using a proprietary algorithm.
** average short price is calculated using a volume weighted average
short price.
*** short volume is the total short trade volume and does not account
for covers.
PLNI On OTC Naked Short Threshold List
Start End Days on List
January 7, 2005 January 13, 2005 5
February 14, 2005 February 18, 2005 5


Plasticon International, Inc. has been on the OTC Naked Short Threshold list two times. Regulation SHO took effect January 3, 2005, and provides a new regulatory framework governing short selling of securities. It was designed with the objective of simplifying and modernizing short sale regulation and providing controls where they are most needed. At the conclusion of each settlement day, data is provided on securities in which: 1) there are at least 10,000 shares in aggregate failed deliveries for the security for five consecutive settlement days, and 2) these failures constitute at least 0.5% of the issuer's total shares outstanding. SEC Regulation SHO, under the Securities Exchange Act of 1934, mandates that, if a clearing agent has had a fail-to-deliver position for 13 consecutive settlement days, that clearing agent, and the broker/dealer it clears for, must purchase securities to close out its fail to deliver position.
About Plasticon International, Inc.
Plasticon International, Inc. designs, produces, and distributes high-quality concrete accessories, informational & directional signage and plastic lumber, 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 always darkest before it goes completely BLACK!!!

Posts: 2322 | From: FL | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
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