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I have examined a good number of stock discussion boards. A good number of people claim to have a copy of this letter under discussion. So far, not a single person has produced a copy of this letter.
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lol... entertaining. Purl, do you know spider, too?
I am not a mother hen here. I simply do not want you boys to lose your money. I want you boys to dump your money into my stock picks so I can profit!
Survival of the fittest, you know.
Post a link here to the thread for a pick you like, Purl. I still have a few Ks in TDA that need a home. It was intended for PLNI, but I went with a different broker for that. I find irony in knowing that the time I spend on boards is time taken away from discovering the next big mover. Gives yet another window to work with.
I find irony in knowing that Lance profiled PLNI long after I was set deep. In fact, his analysis nearly scared me out of my position. If it wasn't for PLNI and Lance's review, I never would have visited a single bulletin board. Imagine that.
"I never would have visited a single bulletin board."
I visit about a dozen stock message boards at least five to six times a day. Logic is sound. Others find ticker symbols I would not find. By researching what others bring in, my odds of finding a decent stock are increased and I spend less time searching for stocks.
Another benefit is finding stocks about to be pumped or about to display speculation upswing.
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I understood the first time around, Tick Trader. My fault for not indicating this.
Yes, a lot of problems with his review. His is, in my opinion, a well worded pump and dump. However, his logic is less than adequate and not even close to the quality of a pump and dump I could write, if I took to this disgusting game.
Highly illogical of him to attempt to pump a stock which has been dead and buried for a year.
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lol... okay, I'll wait for PLNI at TDA. In the meantime, gotta go work on finding that next big mover.
BTW, Lance does have some good primers over there for newbies. And I can see how being exposed to bulletin board tripe can affect points needing to be addressed in an analysis. Tripe or hype - still doesn't change the facts.
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fwiw? "primers for newbies" can be a *recruiting tool*
not saying Lance performs such recruiting; all I know of his material is from links here...
quote:And I can see how being exposed to bulletin board tripe can affect points needing to be addressed in an analysis. Tripe or hype - still doesn't change the facts.
lost me, once again...
are you saying Lance makes astute analyses, but is somehow unable to get his message across?
Here is an interesting study of how personalities are exhibited through written words.
Which personality is displaying self interest? Which personality is displaying selfless interest?
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August 18, 2005 To: rule-comments*sec.gov Subject: File No. 4-500
Dear SEC:
This problem is getting out of hand. Please look at the stock GDVE.PK
It appears that Carlin Equities, Biltmore International, View Trading, Mark Stewart Securities, and Jersey Shore Trading, have engaged in naked short selling of GDVE within the last 24 hours.
Allegedly, they were aided by this group: (URL for Stock Lemon dot Com here)
It appears that they have specifically targeted GDVE simply because they are a thinly traded security that has ran up over the last 2 weeks.
I ask that you consider giving companies like GDVE the same protection you give companies traded on major exchanges by enforcing transparency and regulatory oversight of short selling as those listed on Exchanges or the NASDAQ.
Thank you. Lance Jepsen
____
June 17, 2005 Reference: SEC File No. 4-500. Request for Rulemaking Regarding Member Records of "Short" Positions and Reporting and Public Dissemination of Aggregate Positions by Security
I am lending my voice in support of that request to bring transparency to not only Over The Counter (OTC) markets, but to all markets.
As you know or should know, confidence in our financial markets is quickly approaching a historic low point. Financial scandals and crime are now at a historical high. Our American public has lost almost all faith in regulators to effectively protect investors against fraud and crime.
Many, if not most, view the SEC, the NASD, the DTCC and other regulatory bodies as being riddled with corruption. That notion is highlighted by actions of New York's Spitzer to "fight back" against corruption. It is clear Spitzer is taking actions which your regulatory bodies refuse to take, just as it is clear Spitzer is winning cases and is documenting corruption amongst those collectively known as "Wall Street."
I urge you to amend NASD rule 3360 as requested by Coulson of Pink Sheets. Doing so would be a small step in the right direction, would send a signal regulatory bodies are aware of corruption, and would restore some public confidence in our American financial markets.
I applaud Spitzer and his efforts. He is a hero amongst investors. There is no doubt in my mind you of regulatory bodies would enjoy hearing a bit of applause for you, and less catcalls and criticism directed at you for your clear and documented lack of efforts to curtail corruption amongst your own.
re: fwiw? "primers for newbies" can be a *recruiting tool*
Apologies to all. Please delete that portion if you would, that was not my intention and I would not want someone to think that.
are you saying Lance makes astute analyses, but is somehow unable to get his message across?
No. In referrence to my previous comments (page 15)...
..."I find irony in knowing that Lance profiled PLNI long after I was set deep. In fact, his analysis nearly scared me out of my position. If it wasn't for PLNI and Lance's review, I never would have visited a single bulletin board. Imagine that."...
I am saying that his 'original' analysis commented on areas that I found 'strange' when compared to my reasons for setting a position in the first place. He was addressing concerns that were not on my list, not even close. At the time, it was much easier to take a pulse on Wicklund than it is now (or even the middle of last year). The 'general concerns' he addressed were certainly my reason for watching bulletin boards to see why these areas were emphasized over any others that 'were' on my list. Sorry, but I find that to be superbly ironic - going to the PLNI thread NOW and finding his posts. It has nothing to do with what he did or did not say - I skimmed it. I'll go back when I finish this post and actually read what he posted.
And, you can go ahead and say it... yes, I know... I seem unable to get MY message across to some, also - on bulletin boards.
Fact is, Tex, Allstocks is as good as it gets for publishing truth - compared to the competition in BBs. With that liberty comes the other side of the coin. If any dd/analysis is based on BB posts, there's (at best) a 50/50 chance of getting it right. Odds move up or down depending upon the quantity of posters/groups and the powers in motion. I've learned a lot, but nothing has changed in the way I choose positions to take.
I ask myself, "So why don't more people post REAL DD?"
Myself answers me, "Because it's a good thing going to be bad, or a bad thing going to be good - and it has nothing, yet everything, to do with the company."
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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Gr een Bar on: Special Update -- Plasticon Intl. (PK: PLNI)
Plasticon stock has not been immune to the woes of the stock market. We believe PLNI stock has additionally continued to suffer since the cautionary message at Pinksheets.com has not been removed and active quotes at the site are still not offered. It was expected that once financials were submitted by the Company and an opinion letter issued by its attorney that PLNI would gain some much needed credibility with Pinksheets.com and, in turn, the investment community. We understand PLNI is still attempting to resolve any remaining issues.
The lack of news in a free falling market where many stocks have cut in half has not helped the situation. PLNI has promised to deliver audited financials in order to move to the Bulletin Board, and based on recent conversations with the Company we are assured that the work will get done. We know everyone would like to see this finished immediately, but auditors cannot be rushed. Years 2003 and 2004 have been audited, and we only wait for the year 2005 audit.
The Green Baron Report still believes Plasticon is capable of delivering tremendous results based on innovative products. We would like to see the Company stay focused on its business at hand and strive to deliver on its potentially blockbuster contract with BlueLinx. Plasticon’s purchase of SEMCO Manufacturing also can translate to big numbers. An innovative buyback plan is also in the works according to the Company.
We will notify our members as soon as we are cleared for our webcast with CEO Jim Turek. Although we have been promised future interviews, there are still some goals that the Company would like to achieve prior to our call. Please understand we are doing everything possible to deliver accurate updates on PLNI. We will also alert our members should we see any significant news released.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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BlueLinx will be attending PCBC, homebuilding's premier conference & tradeshow, taking place in San Francisco June 20 - 23. Is PLNI attending????
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Point of view from RB! post 63136....... Nothing was missed, but you should understand that we have most of this incorporated in our decision to invest in this pinky. The projections we have since February this year plan for 4-5 TOYO's by year end and 100% growth next year. Also on point is that most of the income for the first quarter is from existing Pro Mold business, a little from SEMCO (very little) and some from rebar supports. The 2nd Quarter will have more contribution from rebar and the 3rd quarter should reflect 75% coming from rebar. That is our estimation and nothing has changed. We do not feel that PLASTICMAN is a crook, we wish him and the collective us great success.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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"Preparation of the Company's 2006 Quarterly financial statements are also in progress. Plasticon's auditors have provided the Company with a letter stating that the 2005 Audit and 2006 Quarlterly financial statements will be completed in 30 days or approximately by the end of July."
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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After nearly five months, PinkSheets.com reestablishes quotes for PLNI and removes cautionary message
Early this past Monday morning regarding PLNI, we predicted that “we will be vindicated soon”. This was a tough statement to include considering we have been getting shelled by negativity all over the place. Although PLNI still trades below where most investors bought in, the bounce is welcome news and certainly displays a ray of hope for the future.
The acceptance of Plasticon’s filings, letters, and reports by PinkSheets.com is an important win for the company. Investors will no longer see a terse cautionary statement when pulling the stock up on the popular pink sheet database website. Instead, as of yesterday, investors are treated with full Level II quotes showing market maker bid and offer information.
We believe Plasticon’s self imposed quiet period may be over. Although the Company has focused on completing audited financials, we believe there could be significant new developments to expose at any time. We also stick by our statement once again that audited financials for 2005 ought to be completed by the end of July.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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"Preparation of the Company's 2006 Quarterly financial statements are also in progress. Plasticon's auditors have provided the Company with a letter stating that the 2005 Audit and 2006 Quarlterly financial statements will be completed in 30 days or approximately by the end of July."
The microcap market has been under siege over the past few months, and PLNI has been trounced beyond all expectations. At .002 per share and trading near year lows, PLNI has caused even the most loyal shareholders to question what is happening. Believe it or not, PLNI traded at these prices in 2004 and early 2005. Let’s hope we don’t stay near these levels for long. If Plasticon can soon deliver on promises made over the past year, we could see a massive bounce in the share price.
In our update on Wednesday, June 28, The Green Baron Report stated, “We also stick by our statement once again that audited financials for 2005 ought to be completed by the end of July.” The last trading day of July is tomorrow, so we don’t have a lot of time left. It is extremely difficult to predict an event of such magnitude, but in our opinion we still believe the audit will be completed any day.
CEO Jim Turek has finally agreed to an exclusive interview with The Green Baron Report to be conducted within the next week. We understand many of our members own PLNI and we plan to reflect your concerns and questions in our interview. We will alert all members through an email precisely when the interview can be heard on our website at www.*************.com.
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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Plasticon (PLNI) Note: We still anticipate the opportunity to interview Plasticons CEO Jim Turek any day. We have written our questions and have planned to conduct the call this week. Plasticons quarterly filings for the first and second quarters of 2005 were filed with the SEC on July 27. The third quarter of 2005 was filed on Monday. These filings can be viewed of the Pinksheets.com website at http://www.pinksheets.com/quote/filings.jsp?symbol=PLNI. Although the entire year audited financials for 2005 were not filed by the end of July as we had hoped, it appears that it will be completed very soon. We will alert our members as soon as there is something to report.
Posts: 221 | From: michigan | Registered: Jun 2005
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Plasticon Announces That Its FY 2005 First, Second and Third Quarter Financial Statements Have Been Filed With the SEC; Plasticon's Auditing Firm States FY 2005 Audited Financials to Be Completed and Filed in August Thursday August 3, 9:04 am ET
LEXINGTON, KY--(MARKET WIRE)--Aug 3, 2006 -- Plasticon International, Inc. (Other OTC:PLNI.PK - News) announced today that the Company's auditing firm has completed the reviews for the first, second and third quarters for FY 2005, and that the audited financial statements for the first three quarters of 2005 have now been filed with the SEC.
According to Jim Turek, President and CEO of Plasticon International, Inc., "Jim Berger, principal of Mendoza & Berger, Plasticon's auditor of record, has written a letter informing the Company that all three quarters for 2005 have been reviewed and filed with the SEC. Additionally, Mr. Berger stated in his letter that the 2005 audit will be completed shortly. (For reference, please see a copy of the letter from Mendoza and Berger enclosed with this release). While the completion of this work does not allow the Company to achieve a timely filing of its periodic reports as required by the Securities Exchange Act of 1934, the Company is working to implement practices that will allow it to become timely in meeting its filing obligations in the future."
Mr. Turek also stated that, "We are pleased to be turning the corner and closing this chapter in the company's history so that we can look forward to focusing on growing the business. The completion of the 2005 audit opens many doors for the Company and will finally allow Plasticon to address the issue of reducing the share structure of the corporation through its anticipated buyback program."
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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News Alert: Press Release Just Issued Pre- Market Open
Plasticon Announces that its FY 2005 First, Second and Third Quarterly Financial Statements Filed with the SEC; Plasticon’s Auditing Firm states FY 2005 Audited Financials to be completed and filed in August
This is Plasticon’s first official press release since the end of May, and the delay in announcing new developments has caused the stock to continue to suffer. PLNI traded at a new year low yesterday at .0016 per share and closed the day at .0019 per share. The drop in PLNI since the end of January when it hit over .01 per share has been slow and painful to all shareholders.
Although The Green Baron Report expected Plasticon to submit its 2005 audit by the end of July, it appears we may be only off by less than two weeks. Plasticon’s auditor of record now believes it can complete the necessary filing about mid-August. The completed audit is extremely important to the future of Plasticon because we believe it will allow the Company to move forward on its share buyback plan as well as a slew of other aggressive plans intended to benefit the shareholders.
CEO Jim Turek and Senior Consultant Bill Howe remain committed to delivering on their promises to the shareholders. It is understood that the audit has probably taken over a year longer to complete than was originally forecast by the Company. The list of naysayers that said PLNI would never complete an audit is long. Plasticon intends to slowly rebuild its reputation back over time, and hopefully our members who have held the stock will see a day by day increase over the balance of the year.
The road ahead will not be easy. Plasticon seems to have created some enemies through making promises in the past that either were not kept or took a long time to deliver. We hope the press release today marks a new path for Plasticon. We believe Mr. Turek wants to deliver a huge volume of new, innovative products to the market through Plasticon, and now he is in a better position than ever to make that happen.
Due to the additional time it has taken to report these numbers, The Green Baron Report’s exclusive webcast with Mr. Turek originally expected to be released this week will take a few extra business days. We anticipate we will be able to make the interview available about the middle of next week. We apologize for the slight delay, but understand we want to make this interview as complete as possible. Please look for this interview as well as our next new pick that will be released on Wednesday, August 9 at www.*************.com
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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Plasticon Announces That Its FY 2005 First, Second and Third Quarter Financial Statements Have Been Filed With the SEC; Plasticon's Auditing Firm States FY 2005 Audited Financials to Be Completed and Filed in August
LEXINGTON, KY, Aug 03, 2006 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) announced today that the Company's auditing firm has completed the reviews for the first, second and third quarters for FY 2005, and that the audited financial statements for the first three quarters of 2005 have now been filed with the SEC.
According to Jim Turek, President and CEO of Plasticon International, Inc., "Jim Berger, principal of Mendoza & Berger, Plasticon's auditor of record, has written a letter informing the Company that all three quarters for 2005 have been reviewed and filed with the SEC. Additionally, Mr. Berger stated in his letter that the 2005 audit will be completed shortly. (For reference, please see a copy of the letter from Mendoza and Berger enclosed with this release). While the completion of this work does not allow the Company to achieve a timely filing of its periodic reports as required by the Securities Exchange Act of 1934, the Company is working to implement practices that will allow it to become timely in meeting its filing obligations in the future."
Mr. Turek also stated that, "We are pleased to be turning the corner and closing this chapter in the company's history so that we can look forward to focusing on growing the business. The completion of the 2005 audit opens many doors for the Company and will finally allow Plasticon to address the issue of reducing the share structure of the corporation through its anticipated buyback program."
About Plasticon International, Inc.
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.
Plasticon International, Inc.: Jim Turek President and CEO 3288 Eagle View Lane, Suite 290 Lexington, Kentucky 40509 web site: www.plasticonintl.com Contact Investor Relations: Andrea Cox Ph: 866 843 2775 SOURCE: Plasticon International, Inc. CONTACT: http://www.plasticonintl.com