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Author Topic: PLNI .0024 looks interesting $$
Waveslider
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Plasticon International, Inc. Announces Intent to Acquire XYLOX of North America, Inc.
Year 2 Sales Revenue Projections in Excess of $23,000,000
By Staff
LEXINGTON, Ky., Oct 12, 2004 (PRIMEZONE via COMTEX) --
Mr. James Turek, President of Plasticon International, Inc. (Pink Sheets:PLNI), is pleased to announce that the Company has signed a letter of intent to acquire XYLOX of North America, Inc. XYLOX develops thermoplastic elastomers from crumb rubber and scrap plastic.

Plasticon International, Inc. (under the name Wicklund Holding Company) produces rebar supports, plastic lumber, and other products from recycled and recyclable plastics. The acquisition will allow Plasticon to develop new rubber/plastic composites using 100%-recycled materials, which in turn will be used to fabricate a wide array of finished products.

Mr. Turek stated, "We will be the primary and leading entrant in a new, evolutionary industry developing new, raw materials having significant environmental benefits and economic advantages over virgin resins. The Company's goal is to promote the newly created, raw material resins internationally.

"This acquisition can substantially reduce our material costs for rebar supports as well as our plastic lumbers. This resin may be used in thousands of products with uses worldwide," said Turek. "Preliminary testing is underway in the automotive industry for use in fender liners and grills. Revenues projected by XYLOX management reflect sales in excess of 23,000,000 in the second year."

For additional product information, please visit the corporate website: http://www.wicklundholdingcompany.com .

Forward-Looking Statement

This Press Release may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. These statements are based on the Company's current expectations as to future events. However, the actual results related to the forward-looking statements could differ materially from those anticipated or implied in the forward-looking statements.

SOURCE: Plasticon International, Inc.

Equitilink, LLC
Investor Relations
(877) 788-1940


the chart looks like a good time to get in!!
wave


Posts: 219 | From: florida | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
Waveslider
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a positive 9% move that broke away from the bottom bollinger TODAY.......


BULLISH


Posts: 219 | From: florida | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
Waveslider
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PLNI about to break anouther 9%+ gain...
Posts: 219 | From: florida | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
MxPx
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In 500k @.0026
Posts: 487 | From: Northeast Ohio | Registered: Oct 2004  |  IP: Logged | Report this post to a Moderator
Waveslider
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This play had a great day did anyone play it?

watching JVGI


Posts: 219 | From: florida | Registered: Aug 2004  |  IP: Logged | Report this post to a Moderator
Doctoall
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This is the 3rd time that I am playing it, the last time was a great run and I have even higher hopes for it this time. $$$ to be made.

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Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
Damian
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what do you guys think based on past runs is the exitr point on this?? I am thinking of buying some tomorrow....
Posts: 65 | From: Surrey, BC, Canada | Registered: May 2004  |  IP: Logged | Report this post to a Moderator
Doctoall
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So anyone have any ideas about this one. It appears that it is holding at 0.0032 and not running like it did the last time. They are suppose to be half way done with their audit and wanting to more to the exchange.

Need To Make Some Green Here.

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Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
   

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