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thanks. if/when they do a R/S, I think it would be important to watch early action after the split to see if it can hold it's price. Cold be worth buying into if price holds and more info is given about a possible uplisting. I've long ago made the decision to not play .000x stocks, but good luck to those of you in this.
quote:Originally posted by madmoney:
quote:Originally posted by PCola77: They'd have to do a pretty big R/S to get the price high enough to uplist, wouldn't they?
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**********: PLNI Has Also Been Added To Naked Short List Today
Feb 14, 2007 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been added to the NASDAQ, AMEX and NYSE naked short threshold list: Plasticon International, Inc. (OTC: PLNI). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********. Plasticon International, Inc. (OTC: PLNI) engages in the design, production, and distribution of industrial and commercial products. The company's product portfolio includes concrete accessories, such as rebar supports; informational and directional signage; plastic lumber, which are produced from recycled and recyclable plastics; and concrete-like products made from recycled glass. Plasticon International's line of rebar support products are used in the construction of bridges, highways, roads, buildings, and other infrastructure. The company was founded in 1981. It was formerly known as Wicklund Holding Company, Inc. and changed its name to Plasticon International, Inc. in 2004. Plasticon International is based in Lexington, Kentucky. With 5.00 billion shares outstanding and 2.11 million shares declared short as of January 2007, there is a failure to deliver in shares of PLNI.
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Plasticon International, Inc. to Host Nationwide Teleconference Today
Last Update: 8:30 AM ET Feb 15, 2007
LEXINGTON, KY, Feb 15, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that it will be hosting a Nationwide Teleconference today at 4:15 PM EDT to update the financial community on recent events that affect Plasticon International, Inc. and its shareholders. If you would like to participate in the Nationwide Teleconference with Plasticon International at 4:15 PM EDT today please dial 1-(800) 871-9060, pass code 995524578#. Plasticon International, Inc. will be discussing the Company's goals for 2007 as well as a brief wrap-up of 2006. The Company will discuss purchase orders, products, revenues, and any plans to up list to the NASDAQ Bulletin Board. The Nationwide Teleconference will be hosted and moderated by Big Apple Consulting USA, Inc. The featured speaker from Plasticon International, Inc. will be Jim Turek, President and CEO; additional speakers will be included in a future release. "We are excited to have the opportunity to update our shareholders and the financial community about the strides Plasticon International, Inc. and its subsidiaries have made over the last few months," stated Jim Turek, CEO and President of Plasticon International, Inc. For further information on today's Plasticon International, Inc. Nationwide Teleconference at 4:15 PM EDT, please call 1-866-THE-APPL(E). To participate in the Nationwide Teleconference for Plasticon International, Inc. please dial 1-(800) 871-9060, pass code 995524578#.
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Plasticon International, Inc. Outlines Major Plans for 2007 and Beyond During National Teleconference
Last Update: 8:30 AM ET Feb 16, 2007
LEXINGTON, KY, Feb 16, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) announced that during yesterday's teleconference call Mr. Turek discussed the growth that Plasticon International, Inc. and its subsidiaries experienced during 2006 and answered shareholder questions on the Company's plans for 2007. Mr. Matt Lang, the Sales Manager for Pro Mold, Inc., discussed the increased production capacity and new equipment at Pro Mold, Inc. Mr. Chris Sem, representing Semco Distribution, Inc. and Ultimate Surfaces, discussed the recent purchase orders and projects that are underway for Semco Distribution, Inc. It was also announced that Plasticon International, Inc. will be hosting an annual shareholder meeting in New Orleans, Louisiana. The meeting will be held at 1 p.m. until 3 p.m. on March 16th, 2007 at the Doubletree Hotel New Orleans. A shareholder mail-out that includes a proxy statement is planned to be distributed to all shareholders of record on February 20th, 2007. "We gave our shareholders a commitment to the buyback program and we are working towards being current with our financial statements. We plan to proceed with the buyback program as soon as our financial statements are current. We also would like our shareholders to know that it is our goal for Plasticon International, Inc. to be profitable in 2007," stated Jim Turek, CEO and President of Plasticon International, Inc. Mr. Turek also addressed questions that shareholders previously submitted. He clarified that Plasticon International, Inc. does not own Elabrient Surfaces, LLC, but that the Elabrient Surfaces, LLC has a contract to provide design work. The Company announced a new strategy for distribution of the rebar supports and disclosed plans to introduce a number of new products in 2007.
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Plasticon Subsidiary Awarded $415,000 Surfacing Contract for Paris Las Vegas Hotel & Casino
Last Update: 8:51 AM ET Feb 22, 2007
LEXINGTON, KY, Feb 22, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that their wholly owned subsidiary, SEMCO Distribution, Inc., has been awarded an estimated $415,000 contract for the surfacing of the pool deck at the luxurious Paris Las Vegas Hotel & Casino, a Harrah's Entertainment company, in Las Vegas, Nevada. The 86,000 square foot deck will be treated with SEMCO's Pre-Stain, X-Bond and Xtra Gloss Systems. SEMCO's chemical bonding compounds assure long-lasting color, durable protection and environmentally responsible design. The spacious sundeck encompasses an area surrounding the two-acre, octagonal pool at the base of the Hotel's Eiffel Tower. It is surrounded by French gardens, marble decor, private cabanas and a poolside cafe. The hotel features classic European architecture with 2,916 guestrooms and 295 suites. "The Paris Las Vegas Hotel & Casino is the ultimate in style and elegance and our surfaces will compliment and protect that environment. This is one of many new projects in Las Vegas this year and we're anxious to show off the SEMCO surfaces in such a unique venue," stated Jim Turek, CEO and President of Plasticon International, Inc. Based in Las Vegas, SEMCO Distribution, Inc. markets and sells custom surfacing products to high profile commercial, public and private clientele. Their products are noted for aesthetic appeal and durability for use in heavily used walkways, extreme outdoor conditions and in chlorinated pools. Plasticon International, Inc. completed the acquisition of SEMCO Distribution, Inc. in January 2006.
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LOS ANGELES, CA, Feb 23, 2007 (MARKET WIRE via COMTEX) -- MoneyTV is the nationally syndicated television program all about money and what makes it happen, ( http://www.moneytv.net), featuring informative interviews by hosts Donald Baillargeon and Skip Lindeman with company CEOs, providing insights into their operations and outlooks for their futures. Free information packages from the featured companies can be requested by sending an email to info*moneytv.net. The television program can also be viewed online immediately at www.moneytv.net. Featured companies on this week's show include: HealthSonix, Inc. (PINKSHEETS: HSXI) CEO Michael Ivezic spoke of the company's science of using sound pressure waves to administer sub-sensory micro-vibration, for treatment of pain from arthritis, fibromyalgia and muscular injuries. Seamless Wi-Fi, Inc. (SLWFSLWF) CEO Al Reda announced production of their S-XGen portable hand held computer. The Green Baron.com Editor-in-Chief Matt Chipman discussed what effect renewed inflation jitters may have on small cap stocks. RFID, Ltd.. (PINKSHEETS: RFDL) VP Jonas Olmsted spoke of the company's luggage tag, which can keep track of where airline travelers' luggage is at all times, using radio frequency identification technology. Plasticon International, Inc. (PINKSHEETS: PLNI) CEO James Turek discussed the company's plastic rebar supports, which eliminate some of the deterioration problems inherent with reinforced concrete. Manhattan West Mortgage CEO Roger Schlesinger spoke of how your home, paid off, can be your retirement nest egg. He also offered a free publication to MoneyTV viewers. Viewers of MoneyTV can receive free information in the mail about featured companies by calling the toll-free phone number on their TV screen. The weekly television program debuted in 1996 and is broadcast nationally in the USA to 70 million U.S. homes on Saturdays at 11:00 AM ET, Sundays at 8:30 AM PT, 8:30 AM ET, 9:30 AM ET, 3:30 PM ET and Mondays at 6:30 PM ET. MoneyTV is broadcast to 45 million TV homes in Western Europe, Wednesdays at 5:00 PM. MoneyTV is also broadcast on UPN-TV in the Virgin Islands and Puerto Rico Sundays at 8:00 AM. MoneyTV is also available in Thailand on the Broad TV Network. A complete menu of TV listings is available at the MoneyTV web site, http://www.moneytv.net.
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Plasticon International, Inc. Announces Annual Shareholder Meeting to Be Held March 16th in New Orleans
Last Update: 9:16 AM ET Mar 1, 2007
LEXINGTON, KY, Mar 01, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that the Company mailed the proxy statements on Monday, February 26, 2007 to all shareholders of record. Plasticon International, Inc.'s annual shareholder meeting will be held at 1p.m until 3 p.m. on March 16th, 2007 at the Double Tree Hotel in New Orleans, Louisiana. By proxy or in person, shareholders will vote to elect four Directors of the Company to each serve a three-year term and to ratify the appointment of Mendoza, Berger & Co. of Irvine, California as the independent registered public accounting firm of the Company for the year 2006 and 2007. At the meeting, shareholders may transact such other business as may properly come before the meeting. The proxy statement referred to a record date of February 16th, 2007 and should have read February 9th, 2007 "I am looking forward to meeting with our shareholders at our first annual shareholder's meeting. We look for their continuing support as we move forward and bring the Company into full compliance to move to the OTC Bulletin Boards in 2007," stated Jim Turek, President and CEO of Plasticon International, Inc. Shareholders are urged to contact the Double Tree Hotel if they would like to attend the 2007 Annual Meeting of Stockholders of Plasticon International, Inc., to be held on Friday, March 16, 2007 at 1:00 p.m. to 3:00 p.m. at the Double Tree Hotel New Orleans, 300 Canal Street, New Orleans, Louisiana, United States 70130-1010. The Double Tree Hotel New Orleans call can also be reached at (504)-581-1300.
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**********: LZB, MVIS, AWYI, PLNI Have Been On ********** Naked Short List For 13 Consecutive Trading Days
Mar 05, 2007 (M2 PRESSWIRE via COMTEX) -- **********, www.**********, announced today that these select companies have been on the NASDAQ, AMEX and NYSE naked short threshold list for 13 consecutive trading days: La-Z-Boy Incorporated (NYSE: LZB), Microvision Inc. (NASDAQ: MVIS), Ariel Way Inc (OTCBB: AWYI), Plasticon International, Inc. (OTC: PLNI). For a complete list of companies on the naked short list please visit our web site. To find the SqueezeTrigger Price before a short squeeze starts in any stock, go to www.**********. 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. Regulation SHO 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.
Plasticon International, Inc. (OTC: PLNI) engages in the design, production, and distribution of industrial and commercial products. The company's product portfolio includes concrete accessories, such as rebar supports; informational and directional signage; plastic lumber, which are produced from recycled and recyclable plastics; and concrete-like products made from recycled glass. Plasticon International's line of rebar support products are used in the construction of bridges, highways, roads, buildings, and other infrastructure. The company was founded in 1981. It was formerly known as Wicklund Holding Company, Inc. and changed its name to Plasticon International, Inc. in 2004. Plasticon International is based in Lexington, Kentucky. With 5.00 billion shares outstanding and 26.82 million shares declared short as of February 2007, the failure to deliver in shares of PLNI has not been resolved and a buy-in is imminent.
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Plasticon International, Inc. Increases Revenues by Over $3.4 Million Company Posts Their 2006 Second Quarter Unaudited Financial Statements on Pinksheets.com
Last Update: 8:39 AM ET Mar 7, 2007
LEXINGTON, KY, Mar 07, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that the Company has increased its revenues by $3,431,647 for the six months ending June 30, 2006 to $3,566,891 from $135,244 recorded for the six months period ending June 30, 2005. This is over 2537% increase in revenues. Plasticon International, Inc. has posted their second quarter 2006 unaudited financial statements on www.pinksheets.com. The Company reduced its current liabilities by $8,972,085 through a reduction of notes payable for the six months period ending June 30, 2006 as compared to June 30, 2005. Plasticon International, Inc. increased their assets by $1,903,350 for the six months period ending June 30, 2006 as compared to June 30, 2005. The Company and its wholly owned subsidiaries increased their finished goods inventory by $242,126 for the six months period ending June 30, 2006 as compared to June 30, 2005. "We are very pleased to provide our shareholders with our financial statements for the second quarter of 2006. We are currently working on the third and fourth quarter, as well as, the year end financial statements for 2006. It is our goal to become current in our financial statements in order to up list to the OTC Bulletin Boards," stated Jim Turek, CEO and President of Plasticon International, Inc. Plasticon International, Inc. recently announced that the proxy statements were mailed on Monday, February 26, 2007 to all shareholders of record. Shareholders are urged to contact the Double Tree Hotel if they would like to attend the 2007 Annual Meeting of Stockholders of Plasticon International, Inc., to be held on Friday, March 16, 2007 at 1:00 p.m. to 3:00 p.m. at the Double Tree Hotel New Orleans, 300 Canal Street, New Orleans, Louisiana, United States 70130-1010. The Double Tree Hotel New Orleans call can also be reached at (504)-581-1300. About Plasticon International, Inc.:
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01. DIRECTOR(S): You Voted: Withhold JAMES TUREK You Voted: For C.E. RUDE, JR., ESQ You Voted: For GEORGE BUTLER You Voted: For MICHAEL RODRIGUEZ
02. PROPOSAL TO APPROVE THE APPOINTMENT OF MENDOZA, BERGER & CO. AS THE COMPANY'S AUDITORS FOR 2007 You Voted: For This Proposal.
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LOS ANGELES, CA--(MARKET WIRE)--Mar 9, 2007 -- MoneyTV is the nationally syndicated television program all about money and what makes it happen, (http://www.moneytv.net), featuring informative interviews by hosts Donald Baillargeon and Skip Lindeman with company CEOs, providing insights into their operations and outlooks for their futures.
Free information packages from the featured companies can be requested by sending an email to info*moneytv.net.
The television program can also be viewed online immediately at www.moneytv.net.
Featured companies on this week's program include:
Plasticon International, Inc. (Other OTC:PLNI.PK - News) CEO James Turek announced the company had signed an LOI for the acquisition of a Northwest development company.
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Plasticon International, Inc. Signs Letter of Intent to Acquire AV-CB Developments
Last Update: 8:41 AM ET Mar 9, 2007
LEXINGTON, KY, Mar 09, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that the Company has signed a Letter of Intent to acquire AV-CB Developments. AV-CB Developments is a joint-venture between Avest Limited Partnership and Christian Brothers Construction. AV-CB Developments, located near Boise, Idaho, is primarily a construction company that builds residential and commercial developments in the Idaho area. Based on the due diligence completed by Plasticon to date, we believe that AV-CB Developments has several projects whose future prospects may hold multi-million dollar values. "Plasticon International, Inc. has the intention of acquiring 100% of AV-CB Developments, which will add more than $80,000,000 in sales to the Company. One of the most unique factors about AV-CB Developments is that they lock in their pricing and sell out their projects prior to construction commencing. AV-CB Developments is a green company that makes every effort to comply with all environmental issues as well as to use green products as much as possible in their projects," stated Jim Turek, CEO and President of Plasticon International, Inc. Plasticon International, Inc. recently announced that they have increased its revenues by $3,431,647 for the six months ending June 30, 2006 to $3,566,891 from $135,244 recorded for the six months period ending June 30, 2005. This is over 2537% increase in revenues. Plasticon International, Inc. has posted their second quarter 2006 unaudited financial statements on www.pinksheets.com.
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Plasticon International, Inc.'s Wholly Owned Subsidiary SEMCO Manufacturing Completes Work on $82 Million I-515 Beltway Interchange Project
Last Update: 8:31 AM ET Mar 13, 2007
LEXINGTON, KY, Mar 13, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that their wholly owned subsidiary, SEMCO Manufacturing, Inc., has completed surfacing the concrete embankment on the I-515 Beltway Interchange for the Nevada Department of Transportation. The $241,000 contract called for the application of SEMCO's proprietary concrete sealants and anti-graffiti coating across a 76,400 square foot span of the interchange. Pictures of the completed project can be viewed on http://www.plasticonintl.com. SEMCO's protective coating system was chosen to prevent the absorption of water into the surface of the bridges, to mitigate the cleanup cost of graffiti, and also for its attractive color schemes. The new interchange joins Interstates 215 and 515 in Henderson, Nevada with a multitude of roads, bridges and ramps. The total cost of the Interchange project was $82,247,827, paid for by a combination of federal, state and local funds. "We're excited to have completed the I-515 Beltway Interchange for the Nevada Department of Transportation. SEMCO's revolutionary products are saving tax payer dollars and helping to beautify the interstate," stated Jim Turek, President and CEO of Plasticon International, Inc. Based in Las Vegas, SEMCO Manufacturing markets and sells custom surfacing products to high profile commercial, public and private clientele. Their products are noted for aesthetic appeal and durability for use in heavily used walkways, extreme outdoor conditions and in chlorinated pools. Plasticon completed the acquisition of SEMCO Manufacturing, Inc. in January 2006. Plasticon International, Inc. also recently announced that the proxy statements were mailed on Monday, February 26, 2007 to all shareholders of record. Shareholders are urged to contact the Double Tree Hotel if they would like to attend the 2007 Annual Meeting of Stockholders of Plasticon International, Inc., to be held on Friday, March 16, 2007 at 1:00 p.m. to 3:00 p.m. at the Double Tree Hotel New Orleans, 300 Canal Street, New Orleans, Louisiana, United States 70130-1010. The Double Tree Hotel New Orleans can also be reached at (504)-581-1300.
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Plasticon International, Inc. to Seek a Listing on the American Stock Exchange
Last Update: 8:31 AM ET Mar 14, 2007
LEXINGTON, KY, Mar 14, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that the Company intends to make an application for listing of its common stock on the American Stock Exchange. Currently, the Company is taking special efforts to complete the filing of its third quarter 2006 Form 10-QSB with the Securities Exchange Commission. Upon filing of the third Quarter 2006 Form 10-QSB, the Company will become current with its periodic filing obligations. In addition, if the Company is successful in acquiring AV-CB, the Company believes that its balance sheet will satisfy the capital requirements that will allow the Company to submit an application for listing of its common stock on the American Stock Exchange. If current plans continue to hold and subject to further negotiations, the Company anticipates that the acquisition of AV-CB may be completed within the next 30 to 60 days. "This is a proud moment for Plasticon International, Inc. and its shareholders. We are looking to become fully compliant in meeting our reporting obligations in the near future. If we are successful in completing the acquisition of AV-CB, we will be working to submitting an application for listing of our common stock on the American Stock Exchange," stated Jim Turek, CEO and President of Plasticon International, Inc. Plasticon International, Inc. recently announced that their wholly owned subsidiary, SEMCO Manufacturing, Inc., has completed surfacing the concrete embankment on the I-515 Beltway Interchange for the Nevada Department of Transportation. The $241,000 contract called for the application of SEMCO's proprietary concrete sealants and anti-graffiti coating across a 76,400 square foot span of the interchange. Pictures of the completed project can be viewed on http://www.plasticonintl.com.
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The American Stock Exchange is an attractive exchange for solid micro and small-cap companies. AMEX has three different listing and public shareholder standards with a number of differing combinations within. As a result, their listing requirements offers flexibility to companies operating in different market sectors.
AMEX Stock Exchange Listing Requirements
Requirements Standard 1 Standard 2 Standard 3
Shareholders' equity $4 million $4 million $4 million
Pre-tax income $750,000 in last fiscal year or in two of its last three fiscal years 2 years $50 million
Distribution 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months 800 public shareholders and 500,000 shares publicly held OR 400 public shareholders and 1 million shares publicly held OR 400 public shareholders, 500,000 shares publicly held and average daily trading volume of 2,000 shares for prior 6 months
Price $3 $3 N/A
Market value public float $3 million $15 million $15 million
The AMEX listing board also conducts a subjective review of all listing candidates looking at the: nature of a company's business; market for its products; reputation of its management; historical record and pattern of growth; financial integrity; demonstrated earnings power; and future outlook Company's board of directors must agree to abide by the corporate governance requirements of AMEX.
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Plasticon International, Inc. Announces Annual Shareholder Meeting to Be Held March 16th in New Orleans Thursday March 1, 9:15 am ET
LEXINGTON, KY--(MARKET WIRE)--Mar 1, 2007 -- Plasticon International, Inc. (Other OTC:PLNI.PK - News) is pleased to announce that the Company mailed the proxy statements on Monday, February 26, 2007 to all shareholders of record. Plasticon International, Inc.'s annual shareholder meeting will be held at 1p.m until 3 p.m. on March 16th, 2007 at the Double Tree Hotel in New Orleans, Louisiana.
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Plasticon International, Inc. Increases Profits by More Than 77% While Reducing Operating Expenses
Last Update: 8:31 AM ET Mar 20, 2007
LEXINGTON, KY, Mar 20, 2007 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that the Company has filed their financials and has realized a gross profit of $392,886 for the third quarter 2006, which is a 77% increase over the second quarter 2006 gross profit of $221,065. Plasticon International, through the cutback of operating expenses, reduced the Company's net loss by more than 70%. Plasticon International, Inc. recently announced that the Company intends to make an application for listing of its common stock on the American Stock Exchange. Upon the successful acquisition of AV-CB Developments, Plasticon believes that its balance sheet will satisfy the capital requirements that will allow the Company to submit an application for listing of its common stock on the American Stock Exchange. If current plans continue to hold and subject to further negotiations, the Company anticipates that the acquisition of AV-CB may be completed within the next 30 to 60 days. "This financial statement represents the dedication of our team to the continued improvement of our company, as well as reflects our veracity and ability to follow through. We have set a goal for ourselves and we are working diligently to accomplish our ambition of obtaining a listing on the American Exchange," stated Jim Turek, CEO and President of Plasticon International, Inc. The Company also announced that their wholly owned subsidiary, SEMCO Manufacturing, Inc., has completed surfacing the concrete embankment on the I-515 Beltway Interchange for the Nevada Department of Transportation. The $241,000 contract called for the application of SEMCO's proprietary concrete sealants and anti-graffiti coating. Pictures of the completed project can be viewed at www.plasticonintl.com. About Plasticon International, Inc.:
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Pro Mold has a quite substantial business base other than rebar supports. In fact all the below linked products are part of the company's production.
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