quote:Originally posted by FatherOfTwo: IMHO, this PR is not exactly what everyone expected. Now, if it had said that the Semco acq was complete and they have already received orders for $X of product, then it would have created alot more excitement! The one thing that I do like is that he put a deadline on the finish....
"We anticipate that the due diligence process will be completed by this Friday"
Now, if they finish the DD on Friday, I would expect a Monday morning announcement of the final details! So, in anticipation of that, I would expect the pps to slowly climb til Friday and then jump next week. I do not see this as the trigger to surpass the .02 level. It will take the audit completion for that, and in hindsight, the audit delay for PLNI may very well have been caused by the Semco acquisition!
FWIW I play the expectations game in my own head, not to sound too superior. But personally I see no reason to expect a Monday morning announcement if DD is completed on Semco by Friday. I don't see any event that would be triggered automatically. They could just finish DD, put that DD file on their desk and say Yep! Still gonna buy it!
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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Yeah, I agree. But none the less, it's PR - and nothing bad about it at all.
We all know what PLNI makes, but it's the new product potentials of this company that really have me excited. Someday, people will cry for the days when PLNI was a penny stock and they missed it.
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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State, I like your way of thinking. Thanks for contributing.
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience. Posts: 713 | From: MD | Registered: Jan 2005
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quote:Originally posted by Balder: truthfully --- I wish I had never sold a single share...
PLNI has a great future.
Have you bought back in yet balder?! I would hate to see you miss a good run!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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Fot, Help me on this... Looking at the charts .013 looks alot like .003 did prior to the run to .019. I'm Not a Chart Wizard and would sure enjoy the feedback. GTLA
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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What I see are a couple of cups and handles.... we are in the bottom part of the 3rd cup ready to turn up to complete!
If some of my other holdings go up in the next few days.. I will probably sell to buy more PLNI!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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fot i am thinking just the way you are if a few things go up that i have been holding the cash is going right into plni
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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In one of my discussions with Bill Howe, he flat out told me that PLNI intellectual Property was valued at $28 Million! Now we all know about their previously documented $16 Million Intellectual Property. Where did the extra $12 Million come from?
I know it is not Semco, because I asked that! Bill toldl me that the Semco IP was worth about the same as PLNI's.... so I would guess that the extra $12million in IP is from the Plastic Rebar Intell Prop!
All the pieces of the puzzle are coming together and I really like the picture it is producing!!!
PLNI GRYF & WYSK are putting a smile on my face!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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Gosh, all we need is a buyback, or a retirement of shares, as alluded to in the PR last week, and we will fly.
Posts: 871 | From: New York, NY | Registered: May 2005
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Plasticon Announces that R&S Manufacturing Increases Order by 50% R&S, one of the largest manufacturers and suppliers of Concrete Post-Tension Construction Cable in the U.S., increases order to over $750,000 Jun 30, 2005 1:13:00 PM 2005 PrimeZone Media Network LEXINGTON, Ky., June 30, 2005 (PRIMEZONE) -- Plasticon International Inc. (Pink Sheets:PLNI) announced today that R&S Manufacturing has increased their order for Plasticon's recycled plastic rebar supports by 50%, bringing their order this year to over $750,000. Plasticon's patented rebar supports, the most advanced in the industry, will be supplied to R&S's customers with every order of their post-tension cable products.
"The initial order for our rebar supports was placed at the beginning of this month, and now the order has already been increased by 50%," said Mr. Jim Turek, President and CEO of Plasticon International. "Those numbers speak for themselves. We are excited that our relationship with R&S manufacturing is already exceeding expectations. R&S is a dynamic, growing company and we look forward to continuing to build the relationship with them. Every order of post-tension cable will be accompanied by our rebar support products. R&S Manufacturing is one of the oldest, most trusted names in post tensioning cable sector and we believe that demand will continue to increase for their products. We are looking forward to continuing to develop our relationship with R&S."
R&S Manufacturing, which has been in business for over 20 years, is one of the leading post tension cabling suppliers in the United States. Post tensioning, which is used in slab construction, is a method of strengthening and reinforcing concrete using steel cables. "R&S's products and Plasticon's products will work together seamlessly, and will provide construction companies with the best in breed solution for strengthening concrete," Mr. Turek said.
Mr. Turek also noted that R&S has now requested that Plasticon International design and manufacture customized products based on their specifications. "I am extremely pleased with the close working relationship that has developed between the management team of R&S Manufacturing and Plasticon International. We are delighted to be working with another industry leader, and I look forward to continuing to work with them on product improvements for our industry."
About Plasticon International, Inc.
Plasticon International (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: www.plasticonintl.com Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements that 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: Bill Howe, Investor Relations 800-889-0915
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It's all in the timing... Posts: 4303 | From: DSA | Registered: Dec 2003
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Nice news... gotta love PR about real orders!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience. Posts: 713 | From: MD | Registered: Jan 2005
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imo This is only the beginning, many companies will go this route!!!!!!!
Mr. Turek also noted that R&S has now requested that Plasticon International design and manufacture customized products based on their specifications. "I am extremely pleased with the close working relationship that has developed between the management team of R&S Manufacturing and Plasticon International. We are delighted to be working with another industry leader, and I look forward to continuing to work with them on product improvements for our industry."
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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quote:Originally posted by Murnak: ...customized products based on their specifications...
Can you say Premium Profit for those products?
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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First time poster on this board. Lots of good infomation and more civil than most of the BBs I've been involved with. Thanks to all of you who post the news announcements. Ameritrade does not pick up most of these news feeds.
Does anyone have a feel for what time period will be included in the audit? Now that its delayed beyond the June Qtr it would be nice to have that included. Could yesterdays SEMCO closing pre-announcement mean they are trying to close that deal before quarters end so they can include those results? Of course I'm assuming they will use a standard quarter which ends on June 30, but they certainly have the flexibility to define their own schedule.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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Hm. Fantastic news, and little if no run at all. Gonna be tomorrow folks, but it's going to come.
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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quote:Originally posted by net10708: Hm. Fantastic news, and little if no run at all. Gonna be tomorrow folks, but it's going to come.
Good news, but an extra (and technically speaking unaudited) $250,000 divided by 1.4 billion shares and a 300-400 million float... eh...
I could increase the number of times I've broken 100 on the golf course by 50% if I did it exactly one more time...
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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From today's news release, this is what I was talking about earlier, when I mentioned that what excited me more was the notion of new product announcements from PLNI:
From today: "Mr. Turek also noted that R&S has now requested that Plasticon International design and manufacture customized products based on their specifications..."
Posts: 1035 | From: Ohio - USA | Registered: Apr 2005
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quote:Originally posted by net10708: Hm. Fantastic news, and little if no run at all. Gonna be tomorrow folks, but it's going to come.
Good news, but an extra (and technically speaking unaudited) $250,000 divided by 1.4 billion shares and a 300-400 million float... eh...
I could increase the number of times I've broken 100 on the golf course by 50% if I did it exactly one more time...
Not sure I understand what you are trying to say state, you have to put it into idiot terms for me. Posts: 713 | From: MD | Registered: Jan 2005
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quote:Originally posted by net10708: Hm. Fantastic news, and little if no run at all. Gonna be tomorrow folks, but it's going to come.
Good news, but an extra (and technically speaking unaudited) $250,000 divided by 1.4 billion shares and a 300-400 million float... eh...
I could increase the number of times I've broken 100 on the golf course by 50% if I did it exactly one more time...
Not sure I understand what you are trying to say state, you have to put it into idiot terms for me.
That's okay, Jason, I re-read that last part I'm not sure what it means either.
But I was just making two points: 1, an extra $250,000 of revenue is peanuts. It's peanuts compared to the revenues this company needs to make (and will make) to seriously raise price per share, and it's peanuts when you divide its value among the hundreds of millions of shares in play.
and 2., I was trying to say the PR was a little cute--Turek harkening back a bit too much to his PR background. Yes, it's true this contract value increased 50%, and that's what they led with--but the question is always 50% against what baseline. 50% of $500,000 is $250,000.
Look at from a shareholder perspective $250,000 more dollars divided by, a 300 million-share float is an extra .0008 cents per share.
Don't spend it all in one place.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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I would agree with you about the PR being cute, however, it is a step in the right direction.
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience. Posts: 713 | From: MD | Registered: Jan 2005
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Can't figure out why the PPS keeps going down? Oh wait just one minute, maybe cause of the 1billion 300million Shares Outstanding! OT: New investors. Plasticon is a real company with real products and the company holds key patents, but as for the stock its a total dog. Until management both retires/buyback shares I'll continue on the sidelines. 350-550million shares out is acceptable for PLNI at this stage of the ball game.
Posts: 225 | Registered: Jun 2005
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quote:Originally posted by net10708: Hm. Fantastic news, and little if no run at all. Gonna be tomorrow folks, but it's going to come.
Good news, but an extra (and technically speaking unaudited) $250,000 divided by 1.4 billion shares and a 300-400 million float... eh...
I could increase the number of times I've broken 100 on the golf course by 50% if I did it exactly one more time...
Not sure I understand what you are trying to say state, you have to put it into idiot terms for me.
That's okay, Jason, I re-read that last part I'm not sure what it means either.
But I was just making two points: 1, an extra $250,000 of revenue is peanuts. It's peanuts compared to the revenues this company needs to make (and will make) to seriously raise price per share, and it's peanuts when you divide its value among the hundreds of millions of shares in play.
and 2., I was trying to say the PR was a little cute--Turek harkening back a bit too much to his PR background. Yes, it's true this contract value increased 50%, and that's what they led with--but the question is always 50% against what baseline. 50% of $500,000 is $250,000.
Look at from a shareholder perspective $250,000 more dollars divided by, a 300 million-share float is an extra .0008 cents per share.
Don't spend it all in one place.
Gee and I read it as a new customer, with in the first month of placing the order increased it by 50%... a good sign and a large order!
and they also realize the value and are going to now have PLNI design and manufacture customized products based on their specifications. also a good sign if PLNI can accommodate which it looks like they can.......
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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What I see are a couple of cups and handles.... we are in the bottom part of the 3rd cup ready to turn up to complete!
If some of my other holdings go up in the next few days.. I will probably sell to buy more PLNI!
No Actually your in a trash can and getting ready to be dumped into a big trash truck
Posts: 396 | From: Blue Springs MO USA | Registered: Oct 2004
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quote:Originally posted by cold_up_here: Can't figure out why the PPS keeps going down? Oh wait just one minute, maybe cause of the 1billion 300million Shares Outstanding! OT: New investors. Plasticon is a real company with real products and the company holds key patents, but as for the stock its a total dog. Until management both retires/buyback shares I'll continue on the sidelines. 350-550million shares out is acceptable for PLNI at this stage of the ball game.
is this one of those handles reg'd during the spam attack?
quote:Originally posted by FatherOfTwo: In one of my discussions with Bill Howe, he flat out told me that PLNI intellectual Property was valued at $28 Million! Now we all know about their previously documented $16 Million Intellectual Property. Where did the extra $12 Million come from?
I know it is not Semco, because I asked that! Bill toldl me that the Semco IP was worth about the same as PLNI's.... so I would guess that the extra $12million in IP is from the Plastic Rebar Intell Prop!
All the pieces of the puzzle are coming together and I really like the picture it is producing!!!
PLNI GRYF & WYSK are putting a smile on my face!
Claiming insider knowledge again FOT?? That is a big no no I have warned you before. You have talked to the CEO huh? Well you just may have your chance to prove that right or wrong
Posts: 396 | From: Blue Springs MO USA | Registered: Oct 2004
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quote:Originally posted by FatherOfTwo: In one of my discussions with Bill Howe, he flat out told me that PLNI intellectual Property was valued at $28 Million! Now we all know about their previously documented $16 Million Intellectual Property. Where did the extra $12 Million come from?
I know it is not Semco, because I asked that! Bill toldl me that the Semco IP was worth about the same as PLNI's.... so I would guess that the extra $12million in IP is from the Plastic Rebar Intell Prop!
All the pieces of the puzzle are coming together and I really like the picture it is producing!!!
PLNI GRYF & WYSK are putting a smile on my face!
Claiming insider knowledge again FOT?? That is a big no no I have warned you before. You have talked to the CEO huh? Well you just may have your chance to prove that right or wrong
Sgt. Steiner... or should I call you MoMo, or if you prefer Nomi_ugly or LOLtblu or which ever alias you come up with next! Your obvious personal attack is an easy giveaway of you identity!
I am not claiming insider information... I simply would suggest to you and anyone else on this board that does not believe me to confirmwhat I have stated here. Bill Howe's direct phone number is 800-889-0915. If you prefer to email him, I believe his address is WilliamBHowe@yahoo.com (anybody please correct me if they know for sure.. I am only providing this from memory).
To answer your question, yes, I spoke with the CEO! But if you did any research, you would know that Jim Turek is the CEO, and Bill Howe is Investor Relations... I spoke with Bill Howe (IR) not the CEO to obtain this info! You can get the approximate date and time of my conversations with Bill back on page 8 and 43 of this thread!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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quote:Originally posted by FatherOfTwo: I just spoke with Bill Howe again....
Here are some highlights (as best as I can remember):
1) I asked about PLNI expectations to eps that Semco would bring. He stated that he could not put this in the PR, but GP is VERY and he stressed the word VERY, interested in their products. He indicated that it WILL be trading much higher than where we are at right now.
2) I asked about the inclusion of intellectual property assosociated with Semco, and he said they are all included. Without the Semco intellectual prop, Bill esimated PLNI intellectual prop worth $28 million. This is more than the $16 million before, because it includes more recent additions.
3) I asked about the OTC listing and he said "momentarily".. I also asked about
longer term (12-18 months) and he said their goal was Nasdaq. I am guessing that we see a PR after hours today, or early next week about the audit completion and OTC application.
4) He also mentioned that on June 15th, PLNI will be attending a conference in NYC with 60 institutional investors to present PLNI. He mentioned that they have already received a TREMENDOUS amount of interest from them, but they required PLNI to be fully reporting. Bill told me that they WILL BE FULLY REPORTING before they go to NYC!!!!!!!!
5) I asked about share buyback since Semco will be bringing in a lot of cash, and he said they had this exact converstation this morning. Their fear is that it would remove the liquidity from trading. I then followed up by asking about Turek cancelling some of his shares. He said that it will probably happen in the future... my guess would be when they apply to the Nas.
Personnally.. I will be buying as much PLNI as I can! IMHO, This will be trading above 0.1 before the end of the summer. Once the Institutions start buying, this is going to go through the roof!
Also, I want to become Balder's close personal friend... cause in a couple monhts, he will be a MULTI-MILLIONAIRE!!!!
-------------------- A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :) Posts: 3353 | Registered: Nov 2004
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Great Idea! attack FoT...now there's a plan that will win you converts... ------------ As Father suggests, it is so very easy to make a phone call... ------------ Goofus--really, really, really, it's OK if we screw up: we'd rather go to the dentist than to endure even one m-mm-mmmmm-o-r-e of your stutter-stepping posts...
posted
[QUOTE]Originally posted by FatherOfTwo: [QB] In one of my discussions with Bill Howe, he flat out told me that PLNI intellectual Property was valued at $28 Million! Now we all know about their previously documented $16 Million Intellectual Property. Where did the extra $12 Million come from?
I know it is not Semco, because I asked that! Bill toldl me that the Semco IP was worth about the same as PLNI's.... so I would guess that the extra $12million in IP is from the Plastic Rebar Intell Prop!
FOT..its funny I had the same question to bill Yesterday because he told me the same $28 million. The $16m is for the PATENTS ONLY. That has nothing to do with the value of the molds,machines or other company assets/ Patents Only!! And for the bashers out there, that is per the PR not from me, read it, it doesnt say anything other than "our patents were recently valued at $16m and were validated by the federal courts"
Keep in mind that was the value BEFORE the new technology of 600% increased production, what are they worth NOW. And for the light hearted, thats 600% per mold!!!!! Just think if they had 4-6 of them running......thats alot of pieces parts!!!
Semco is a whole other story to come.
Posts: 952 | From: OH | Registered: Apr 2005
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