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if ya don't have enough? looks like a great dip, imo.
Actually, we need a math + chart wizard, lol, to run some Einstein-ian formula comparing my hold position to cold's bash-position to pagan's swing position
Seriously, I'm good with my position and have been for quite some time...
Me? I just hope GTE takes a lesson...
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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I own this but a word of caution....I take IBD and this is not IBD coverage. It is an advertisement in the back of the paper. In other words not an IBD tout....
For example....I've seen IBZT in there before...
-------------------- Raptor----Don't confuse bad luck with bad judgement
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and again wednesday! Plasticon CEO in Investor`s Business Daily: `Man of Recycled Plastic` Transforms an Industry
August 22, 2005 08:30:57 (ET)
LEXINGTON, Ken., Aug 22, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) is pleased to announce that their CEO, Jim Turek will be in the Investor's Business Daily on Monday August 22nd and on Wednesday August 24th. In Monday's edition, Mr. Turek, the "Man of Recycled Plastic," can be found in the Corporate News section on page A16 and it can be found online on the Investor's Business Daily web site in the Newswire section at: http://www.investors.com/corporatenews/nw111.asp.
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"..SuperJim 'P-Man' T-shirts, ..Baseball Caps, ..Recycled PLNI-maufactured Coffee Cups, ..and other goodies will be coming down the Pike shortly..!!! ..Have your 'VISA', 'MasterBlaster', 'Discombobulated', and hndy-dandy 'American Excess' cards at the ready.............
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Photo Release -- Plasticon CEO In Investor`s Business Daily -- Wednesday Edition
August 23, 2005 13:09:52 (ET)
LEXINGTON, Ky., Aug 23, 2005 (PRIMEZONE via COMTEX) -- Plasticon International, Inc. (Pink Sheets:PLNI) is pleased to announce that their CEO Jim Turek will be in the Investor's Business Daily on Wednesday August 24th, page A13. It can also be found online on the Plasticon International, Inc. web site at http://www.plasticonintl.com/manofrecycledplastic.pdf and on the Investor's Business Daily web site in the Newswire section at: http://www.investors.com/corporatenews/nw111.asp.
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Plasticon International (http://www.plasticonintl.com) designs, produces and distributes high-quality concrete accessories, transportation signage, plastic lumber and office supplies which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering and production of industrial and commercial products. Plasticon is a green Company, environmentally friendly, using recycled plastics to produce its line of products.
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Plasticon International Inc. to Retire 200 Million Shares Wednesday August 24, 8:30 am ET
LEXINGTON, Ky., Aug. 24, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that their Board has approved the retirement of 200 million shares, the first step in a process designed to decrease the total outstanding shares and increase shareholder value. ADVERTISEMENT
``We believe that the retirement of shares will add tremendous value for our shareholders,'' said Jim Turek, President and CEO of Plasticon International. ``This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares. We firmly believe that this is in the best interests of both our shareholders and the company.''
Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares.
The retirement of 200 million shares is in addition to positive earnings. Plasticon recently announced that it is profitable as of the second quarter in 2005. ``We believe that the retirement of shares will be significant as the first step in a process that should result in a better reflection of the value of Plasticon's shares,'' Mr. Turek concluded.
For more information about Plasticon International, please visit the Plasticon International web site at http://www.plasticonintl.com.
About Plasticon International, Inc.
Plasticon International (http://www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally-friendly, using recycled plastics to produce its line of products.
Plasticon International, Inc. Jim Turek, President and CEO 3166 Custer Drive, Suite 101 Lexington, Kentucky 40517 web site: http://www.plasticonintl.com
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: Plasticon International, Inc. Investor Relations: Matt Maguire (866) 843-2775
"through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares."
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Green Baron thinks.... Plasticon remains one of our favorite long term stock plays. Although an audit to bring its shares to a better trading market has taken longer than expected, the Company appears to be aggressively trying to make it happen. Its CEO Jim Turek seems to really have shareholder interest in mind in this latest press release. Our conversations with the Company indicate that a significant reduction in the total outstanding shares from two billion to a much lower number will be activated without a split.
Technically, PLNI needs to break .02 per share on big volume to signal a new break out. The stock has struggled now three times to pierce this resistance. The Green Baron Report remains convinced that it’s just a matter of time before this happens. In the meantime, we continue to believe PLNI is a great buy on pullbacks.
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Plasticon's Attorneys have Completed Due Diligence for Semco Acquisition 8/29/2005 8:30:13 AM LEXINGTON, Ken., Aug 29, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) today announced that Plasticon's attorneys have completed due diligence for the privately financed acquisition of Semco, Inc. "We are very excited that this process is moving forward," said Jim Turek, President and CEO of Plasticon International, Inc. "We are currently awaiting confirmation of Semco's chemical process through an independent laboratory. We look forward to getting the results as soon as possible so that we can proceed." According to Mr. Turek, there has been exceptionally strong interest in Semco's products among suppliers and distributors in the industry. Semco's revolutionary surfacing technology provides the only products on the market today that completely waterproof the structures they are bonding to. "Since our announcement about the letter of intent to acquire Semco, we have been inundated with phone calls and inquiries about Semco's product line," Mr. Turek said. "In fact, we already have ten potential regional licensees lined up to distribute Semco's products. The reason for this is simple: Semco's products are both essential and unique. They have the only product on the market which truly prevents water damage. This problem has always plagued the construction industry and costs the U.S. billions of dollars annually."
Like Plasticon International, Semco, Inc. has a deep commitment to being on the cutting edge of technology in their sector. Semco's products, which represent a significant technological advance in the industry, completely waterproof the structure they are bonding to. "Not only are their products unique," Mr. Turek said, "They also perfectly complement our recycled plastic rebar support products. This is product synergy at its best."
Mr. Turek continued, "A perfect example of how are products will work together is the application to bridge construction, which is a huge segment of the construction industry. A very high percentage of bridges are plagued with water damage problems, and that's why companies increasingly have turned to Plasticon's rebar support products. Now we have the opportunity to sell Semco's concrete coating products to those same customers, which adds a critical layer of waterproofing protection." Semco's products add years to the life of the structure by eliminating the absorption of water into concrete. Until now, water damage has corroded the metal rebar support which has been used in bridge construction in the past. "The combination of Plasticon's rebar supports, which are impervious to water because they are made from recycled plastic, and Semco's surfacing products, which completely waterproof the structure they are bonded to, is unprecedented in our sector," Mr. Turek said. "These two products, offered together, offer the perfect waterproofing solution for the construction industry."
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Plasticon Announces New Direct Customer Service Line With BLUELINX, the Largest Building Materials Distributor in the U.S.
August 30, 2005 09:26:18 (ET)
LEXINGTON, Ky., Aug 30, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) today announced that the BLUELINX Corporation (BXC, Trade) has a new direct customer service line for vendors who are interested in Plasticon's patented rebar support products. BLUELINX Corporation, the largest building distribution company in the United States, serves as the exclusive domestic distributor of Plasticon's patented recycled rebar support products.
"Our relationship with the BLUELINX Corporation continues to grow, and we couldn't be more delighted," said Jim Turek, President and CEO of Plasticon International. "Our exclusive sales agreement with BlueLinx gives us a major competitive advantage in our sector. As we continue to build the relationship, we will of course strive to improve our products and services. With that in mind, we are announcing a new direct customer service line at BLUELINX for vendors who are interested in ordering Plasticon's patented line of rebar supports. We will continually strive to provide the highest quality customer service in our industry. The Eastern Division of BLUELINX can be reached at 800-839-2588 -- please ask for Michael Thornton (ext-35547) or Thomas Fowler (ext-35562). The Western Division of BLUELINX can be reached at 800-830-7370 -- please ask for Mark Gariepy (ext-66069)."
For more information about Plasticon International, please visit the Plasticon International web site at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site for thirty days starting Monday, August 22, 2005 at: http://www.investors.com/corporatenews/nw111.asp.
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The Builder Connection Program provides the framework for BlueLinx and our dealer partners to form strategic partnerships with homebuilders across the country. http://www.bluelinxco.com/BuilderConnection/main.asp
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