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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PLNI.... Charts look Great...I am IN!!! (Page 38)

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Author Topic: PLNI.... Charts look Great...I am IN!!!
pensandoenti67
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quote:
Originally posted by buckstalker:
Looks like round two...look at all of the mm's at .023 / .03 ...they weren't there yesterday!!

Actually those are orders placed early, by people who can't be watching and gambling like us, they probably have a meeting or are from the East Coast, work hard all the time, and no fun like the west coast folks.
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Doctoall
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quote:
Originally posted by $Keith$:
They are getting ready for the lazy west coast to wake up and start buying..lol...

let's go westside!!!!

Westcoasters get up early and sit at the comp waiting for the opening bell, sitting at comp 630AM PST [Big Grin] [Big Grin] [Big Grin] We don't want to miss out on the opening price.

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Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow

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tqn
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quote:
Originally posted by U4TSAF2:
FOR THOSE OF US WHO GOT IN PRE .0075 LEVELS, CONGRATULATIONS. PRIOR TO .01 WOW. PRIOR TO .005 WELL LUCKY YOU'S.

TIME IS OF THE ESSENCE ON THIS STOCK. FROM INITIAL APPEARANCES, YOU HAVE A STOCK ABOUT TO UPGRADE. THIS IS HUGE.

4 WEEKS TO FINANCIALS IS GREAT BUT THE PAPERWORK TO COMPLETE THE UPGRADE IS ANOTHER STORY SO DON'T GET YOUR HOPES UP FOR THE NEXT 30-DAYS THINKING UPGRADE WILL BE DONE AND MOST LIKELY YOU CAN FIGURE 3-6 MONTHS FOR THE UPGRADE TO ACTUALLY TAKE PLACE. THE GREAT NEWS IS THAT THERE IS NO RECENT REVERSE MERGER ON THIS STOCK WHICH TAKES IT'S CURRENT POSITION AND UPGRADES IT.

THE MOST RECENT NEWS SEEMS PROMISING WITH THE ACQUISITION OF SEMCO. THEIR PRODUCTS ARE CURRENTLY BEING USED IN PROMINENT STRUCTURES SUCH AS THE TAMPA CONVENTION CENTER AND TORONTO SKYDOME.

THIS LOOKS TO BE ONE OF THOSE STOCKS YOU'LL CHART IN 2+ YEARS FROM NOW AND SEE GO FROM .015 TO $20+.

DO NOT DISCOUNT THE REVERSE SPLIT ESPECIALLY IF YOU ARE HOLDING SOME SHARES AND EXPECT WITH THE UPGRADE TO GO UPPEDY. IN THE CIRCUMSTANCES LIKE THIS, THE SHARE PRICE WILL FAR OUTWEIGH THE R/S WHEN IT COMES TO YOUR BOTTOM LINE.

SHORT TERM ON THIS I THINK YOU'LL SEE THE .15 OR LESS WITH POSSIBLY GROWTH PAST .25. ONCE THE UPGRADE IS COMPLETE AND IF THE MERGER GOES THROUGH INITIALLY YOU'LL SEE SOME HUGE UPTRENDS.

IF ALL THIS COMES TOGETHER AND FINANCIALS COME IN WITH P/E RATIO'S. WELL LOOK AT THE HISTORY OF ANY STOCK THAT HAS DONE WITH PLNI IS PLANNING TO DO.

THAT SPEAKS FOR ITSELF.

is this your own opinion? hope u dont pump and bash this plni like qbid. oh i forgot, you are gaining in plni, not losing money like in qbid.

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Come Q, the kid needs back-to-school shopping!

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buckstalker
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Take your squabbles elsewhere!!!!!!

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***********************

It's all in the timing...

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pensandoenti67
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Why is OSFT up 80%

quote:
--------------------------------------------------------------------------------
Originally posted by Balder:
I think you have people playing HISC, PLNI and OSFT.

They sold HISC two days ago and went into PLNI. They sold PLNI this morning and went into OSFT.

Thats my guess.
--------------------------------------------------------------------------------

All boards are playing these three stocks,

HISC will accumulate again in the .03. for 8 days then Kabooom

PLNI will accumulate in the .02 for 7 days then Kaboom

OSFT will accumulate in the .015 for 10 days then Kaboom

Which one will follow the three Kings???

Any ideas

SFAD?
WFTV?
AMNI? Already at .012, expect this one to hit .03 next 10 days

I have 1K in each and if either of the SFAD or WFTV goes to .012 I'm happy and out. It may be 10 days, but it will be worth the wait.

Feel free to suggest or comment on my predictions!!!

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Chopper
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Vey Nice steady move back up...... Come on .02 let's Goooooo.

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It will run when you least expect it. :)

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Balder
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Ok, now is when I get to laugh at all those who sold down to 0.013 today...

(in my best Nelson impression from the Simpsons)

HA HA!

[Smile]

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SeattleWriter3d
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Yes and thank you to all that did sell down to .013 today because i picked up some nice shares down there....
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pensandoenti67
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Thank to all of you!!!!

I bought 5K this morning at .0135 thanks to all of you, we should get to a new HOD by 1545 hrs.

I'm loaded now, had some at .0065. Thank you all.

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Murnak
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Wouldn't think there is to much more to sell before we fly! This was great news but not what I was expecting....
still go more in the pipe line!!!!!

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It is always darkest before it goes completely BLACK!!!

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kanalgeruch
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nice support after profit taking..soon time for take off...
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$Keith$
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I was trying to pick up more on the dips but no bites at the bid...
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clbgroove
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im going to try and be patient...i would like more but if my memory serves me correctly...it SOMETIMES drops around 3-3:15 for the profit takers and hopefully it stays true to its nature cause i will be waiting!!!!
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clbgroove
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i think 2 3000 signal trades just came through...i might just get lucky!!
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$Keith$
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Last [Tick] 0.0165[ -
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Murnak
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Now with Semco "Currently we have offices throughout the United States of America, Japan, China, Singapore, and Australia."

And plastcon doing business in other countries.....

The international business for both should boom!!! ya think???

--------------------
It is always darkest before it goes completely BLACK!!!

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$Keith$
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Ask Price Shares Date/Time
NITE .017 5000 14:59
SCHB .0175 5000 14:58
BEST .0176 5000 13:57
TDCM .018 5000 14:38
AGIS .018 5000 14:58
ETRD .018 5000 15:02
SACM .02 5000 10:35
HDSN .02 5000 14:56
DOMS .024 5000 13:24


Hows .02 sound for a close???

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kanalgeruch
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seems like we are slowly working our way up to the HOD
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pensandoenti67
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PLNI will not reach the HOD it will close at .0175 which is great after profit takers. We should see a good 20-25% increase tomorrow. Good Luck

Great Day for Pens:

AMNI down 5% staying above a penny
OSFT up 66%
PLNI up 5% held on to the sell off, good day on Weds.
HISC up 6% great rebound from major sell of yesterday. Slow and steady climb will start to a nickel.

Good evening and looking forward to the rest of the week on my four major stocks.

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$Keith$
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.0166

Held Strong!!!

Should open @.018 and make a nice steady climb over .02

See ya'll tomorrow!

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pensandoenti67
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quote:
Originally posted by $Keith$:
.0166

Held Strong!!!

Should open @.018 and make a nice steady climb over .02

See ya'll tomorrow!

.025 Weds. .028 Thurs .032 by Friday...

Not much selling of shares as today, since we are going to .10 soon. wating for news !!! the kaboom watch HISC climb back to .046 by Friday

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clbgroove
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This aquistion peaks my interest since Turek's asst Judy said that "they are in the middle of 2 audits"....is this the other audit they were involved in or is there another deal brewing???
Can someone look at OKME and tell me how that company is ANYWHERE near .44 and this one is .015...makes u go hmmm...what are we going to over the next 6 months???

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FatherOfTwo
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http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[w,a]daclyyay[de][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G

Feb '04 this went from 0.008 to 0.068 to 0.20 to 0.44....

That makes me think HMMMMmmmmmmmm!

--------------------
A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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FatherOfTwo
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I am betting the audit will show earning of appx $7 mill.. which equates to...

7Mill / 1.4 Bill shares * 10 multiplier = 0.05 pps
7Mill / 1.4 Bill shares * 15 multiplier = 0.075 pps
7Mill / 1.4 Bill shares * 20 multiplier = 0.10 pps
7Mill / 1.4 Bill shares * 25 multiplier = 0.125 pps

Now, I highlighted the one I think it should be... since this is a "startup company" which will be seeing explosive growth potential over the next couple years, the higher multiplier is applicable.

We have been seeing great action since this hit 0.01 because of a new breed of investors getting involved. We will see the same action again when it hits 0.05! I believe that is just a week or two away with the announcement of the OTCbb application and audit completion!

--------------------
A good friend will bail you out of Jail. A great friend will be sitting next to you saying... Damn that was fun! :)

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stashu
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quote:
Originally posted by FatherOfTwo:
http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[w,a]daclyyay[de][pb50!d20,2!f][vc60][iLb14!La12,26,9]&pref=G

Feb '04 this went from 0.008 to 0.068 to 0.20 to 0.44....

That makes me think HMMMMmmmmmmmm!

Do you happen to know what kind of news or PR that caused that?

I see no reason we can't match that previous high. Anyone?

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Chopper
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Holy Cow FOT 68 Cents!!??? I would be one Very Happy Chopper! After hrs we had a nice UT to .0017. This will gap again in the morning. I see a New Harley Road King in the near term future, and just in time for summer. [Big Grin]

GLTA [Wink]

--------------------
It will run when you least expect it. :)

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U4TSAF2
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2-11-2004 8-1 REVERSE SPLIT AND WAS AT .05/SHARE.

FROM 2-11-2004 UNTIL 3-3-2004 NOT MUCH HAPPENED.

3-4-2004 IT SHOT UP TO .20 ON 75,000 VOLUME.

3-12-2004 BACK DOWN TO .10

4-16-2004 .45 ON 3-MILLION VOLUME

5-10-2004 DOWN TO .15 ON 5.7 MILLION TRADED

STAYED IN THE .01/RANGE UNTIL 8-20-2004 WHEN IT DROPPED TO .009.

12-14-2004 DROP TO .0035 WITH 47.7 MILLION TRADED.

MOST RECENT HISTORY IS:
OPEN HIGH LOW CLOSE
05/24/2005 0.018 0.0199 0.013 0.0166
64,200,380
05/23/2005 0.0088 0.0163 0.0015 0.016 127,711,215
05/20/2005 0.0081 0.0086 0.0077 0.0085 38,874,914
05/19/2005 0.0082 0.0082 0.0073 0.0078 23,944,349
05/18/2005 0.0075 0.0077 0.0068 0.0077 30,283,719
05/17/2005 0.0078 0.008 0.007 0.0075 15,533,618
05/16/2005 0.0069 0.0089 0.0067 0.0078 35,642,373
05/13/2005 0.0064 0.0065 0.0058 0.0064 33,322,755
05/12/2005 0.0076 0.0078 0.0062 0.0065 46,599,110
05/11/2005 0.008 0.0085 0.0061 0.0073 72,142,433
05/10/2005 0.0048 0.009 0.0047 0.0072
167,586,921


ALL WE HAVE ON THIS STOCK IS SOME NEWS AND A POSSIBLE "GOOD" NEWS UPCOMING WITH UPGRADE AND A BUYOUT/MERGER. DUE TO THE FACT THAT THIS ISN'T PROOF POSITIVE YET, WE HAVE TO GO WITH WHAT WE KNOW.

THE HISTORY ON THIS STOCK SPEAKS FOR ITSELF. AFTER THE REVERSE SPLIT, WE'VE SEEN IT CLIMB AND SINK WITHOUT ANY REAL SUBSTANCE EXCEPT THOSE PLAYING/TOYING WITH THE SHARE PRICE. WE NOW HAVE A GOOD BIT OF SUBSTANCE, IT LOOKS AS IF WE'LL SEE A MERGER/BUYOUT/PURCHASE OF SEMCO AND IT LOOKS AS IF WE'LL SEE A UPGRADE. THE PRODUCTS OF THIS STOCK ARE REAL AND NOT ONLY THAT, YOU CAN SEE THE REAL WORLD VALUE REGARDING THEM. FOR INSTANCE, A GLOW IN THE DARK ASHTRAY, SOUNDS REALLY COOL BUT IS THERE A REAL MARKET FOR IT. YOU GET THE POINT. NOW THE EXISTING PRODUCTS LOOKS PRETTY PROMISING AND IS ALREADY IN USE IN SEVERAL "BIG" VENUES. THE ONLY THING WE'RE MISSING IS FOR YOU TO BE ABLE TO WALK INTO HOME DEPOT/LOWES AND SEE THE PRODUCT FIRST HAND AND IT WOULD NOT SURPRIZE ME TO SEE THAT IN THE NEAR FUTURE.

SO WITH THAT SAID, AS YOU ALREADY KNOW WHAT REAL NEWS CAN DO AND IT APPEARS WE HAVE THAT HERE, REAL SUBSTANCE NEWS.

WITH THE UPGRADE AND I'M GOING HERE BY WHAT FATHEROFTWO POSTED THAT THIS STOCK HAS 1.4 BILLION SHARES (IS THIS CORRECT?). WE CAN SPECULATE ALL WE WANT ABOUT THE POSSIBILITY OF WHAT IS POSTED AND I'M IN NO WAY DOUBTING WHAT HE POSTED CAUSE IT APPEARS TO BE ACCURATE. THE BUT IS WE DON'T KNOW WHAT THE REVENUES ARE NOR DO WE KNOW WHAT MONEY IS IN THE BANK AND WHAT PAYROLL IS, RENT, BENEFITS PACKAGES, UNDER THE TABLE FUNDS, ETC.ETC.ETC. SO TO SPECULATE AND MAKE A ACCURATE HYPOTHESIS I DON'T THINK WE CAN GO BY AND SAY WE'LL HAVE $7-MILLION IN REVENUES OR $70-BILLION AND I BELIEVE IT IS FAR MORE ACCURATE TO LOOK AT THE SHARES THAT ARE CURRENTLY TRADING, WHAT THEY HAVE TRADED AND MAKE A HYPOTHESIS ON THAT BASIS WITH THE CIRCUMSTANCES AT HAND.

SO WITH THAT SAID I STILL THINK THAT THE PRICE WILL MOMENTUM ON THIS ONE AND WE'LL SEE A SPIKE UPWARDS OF .08 TO .15 AND POSSIBLY BLOW OUT THE .20 MARK.

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Chopper
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And with all that said, which was Very good work U4; This Stock is Still a Strong BUY. We have passed the .0165 pivot the next one is at .0234.
Go PLNI. GLTA

Composite Indicator
Trend Spotter TM Buy

Short Term Indicators
7 Day Average Directional Indicator Buy
10 - 8 Day Moving Average Hilo Channel Buy
20 Day Moving Average vs Price Buy
20 - 50 Day MACD Oscillator Buy
20 Day Bollinger Bands Buy

Short Term Indicators Average: 100% - Buy
20-Day Average Volume - 43919563

Medium Term Indicators
40 Day Commodity Channel Index Buy
50 Day Moving Average vs Price Buy
20 - 100 Day MACD Oscillator Buy
50 Day Parabolic Time/Price Buy

Medium Term Indicators Average: 100% - Buy
50-Day Average Volume - 19824762

Long Term Indicators
60 Day Commodity Channel Index Buy
100 Day Moving Average vs Price Buy
50 - 100 Day MACD Oscillator Buy

Long Term Indicators Average: 100% - Buy
100-Day Average Volume - 12839594

Overall Average: 100% - Buy

Price Support Pivot Point Resistance

0.0166 0.0096 0.0165 0.0234

--------------------
It will run when you least expect it. :)

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Highwaychild
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I like to see that resistance keep going up.LOL
0.0234,hope that one gets broke this week too...

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U4TSAF2
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THE FIRST THING WE HAVE HERE IS APPROXIMATELY 4 WEEKS AWAY, THEY WILL BE IMMEDIATELY FILING FOR UPGRADE. FOLKS, IMMEDIATE MEANS PROBABLY 60-DAYS AFTER THE FACT. TO UPGRADE IS PRETTY INDEPTH PAPERWORK AS YOU CAN IMAGINE SO WHILE THE ASPECT OF IMMEDIATE FILING FOR UPGRADE, THEY WILL FILE AND THEY'LL FORGET THIS OR MISS THAT, ETC. GIVE IT A HONEST 60-DAYS TO FILE EVERYTHING. IMPORTANT TO NOTE I BELIEVE IS THAT PLIN WAS ONCE LISTED ON THE OTC AND WAS DOWNGRADED FOR WHAT-EVER REASON.

"We are pleased to announce that we are 4 weeks from a completed audit. Upon completion, we will immediately be filing the necessary documents with the SEC to become fully reporting."

WE ALSO NOW HAVE A DEFINITE NUMBER TO WORK WITH. $16-MILLION DOLLARS IS WHAT THAT PATENT IS WORTH. FURTHER, THEY HAVE LITTLE TO NO DEBT. WHAT IS CRUCIAL TO THESE POINTS IS THAT THEY ARE SPECIFIC TO A PRESS RELEASE. THERE ARE NO FORWARD LOOKING STATEMENTS HERE, IT'S FLAT OUT IN YOUR FACE FACT, "HEY, THIS IS WHAT WE GOT" AND SPECIFIC. VALIDATED BY THE FEDERAL COURTS I'M GOING TO RESEARCH AND LOOK INTO WHICH SHOULD NOT TAKE LONG AT ALL. FOR THAT TO BE PUT INTO A PRESS RELEASE CAN ONLY MEANS IT'S POSITIVE. PLEASE LET'S NOT GUESS WHAT IT "COULD" BE AND I WILL RESEARCH IT AND FIND OUT EXACTLY WHAT THE SPECIFICS ARE REGARDING THAT.

FUNNY HOW I JUST POSTED PREVIOUSLY ABOUT SEEING THESE PRODUCTS IN LOWES OR HOME DEPOT. EXCLUSIVE DISTRIBUTING CONTRACT SIGNED WITH THE LARGEST BUILDING DISTRIBUTOR CONTRACT IS WHAT'S GIVEN TO US HERE IN THE PR. MORE DETAILS ABOUT THAT AS IT EMERGES/FINALIZED I IMAGINE. SINCE THEY PROCLAIM TO HAVE A SIGNED CONTRACT, I'LL BE CONTACTING HOME BASE FOR PLASTICON TO FIND OUT AS MANY DETAILS AS I CAN AND WILL POST WHEN DISCOVERED. THE QUESTION THAT COMES TO MIND IS WHY DIDN'T YOU GIVE US SPECIFIC DETAILS REGARDING WHO IT IS AT THIS TIME.


Plasticon International, Inc., which is the sole owner of a patented line of recycled plastic rebar supports, among other products, has recently expedited its efforts to get back on the OTCBB. "We just feel that the time is right," Mr. Turek said. "We are operating right now from a position of strength. We have a clear technological edge over our competition. Plasticon has little to no debt. Our patents were recently valued at $16 million, and were validated by the federal courts of the United States. We just launched a new marketing campaign which is successfully communicating our story to our customers and investors. We also signed an exclusive distribution contract with the largest building materials distributor in the United States, which gives us a fantastic opportunity to rapidly expand our customer base."

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U4TSAF2
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THE GREEN BARON DID A INTERVIEW WITH THE CEO AND HERE'S THE LINK TO LISTEN. IT'S ABOUT 20 MINUTES LONG.

http://www.*************.com/CEO Webcast.htm

The news announced yesterday regarding completion of the audit is just the kind of confirmation we like to see at The Green Baron Report. In our experience, the move of a Pink Sheet listed company to the OTC Bulletin Board typically creates serious demand for the stock.

SOME OF THE ISSUES TOUCHED ARE AS FOLLOWS:

I WONDERED WHY THE PRESS RELEASE DID NOT SPECIFICALLY STATE WHO THE LARGEST DISTRIBUTOR WAS AND HERE YOU GO FOLKS:

GEORGIA PACIFIC IS THE DISTRIBUTOR BUT IT HAS EITHER MERGED OR WAS TAKEN OVER BY BLUE LINX.

PLASTICON HAS APPROVAL OF ALL 50-STATES AS WELL AS FEDERAL APPROVAL FOR IT'S PRODUCTS AND CANADA HAS APPROVED IT'S USE. FURTHER, IT'S A PATENTED PRODUCT.

ADD TO THE LIST OF BUILDINGS THE ROCK AND ROLL HALL OF FAME FOR PLASTICON. SEVERAL NEW PIERS INCLUDING ONE IN NY CITY ARE BUILT ON PLASTICON FOUNDATIONS. SEVERAL OTHERS WERE MENTIONED BUT WENT BY RATHER QUICKLY FOR ME TO JOT DOWN.

SOMETHING I DID NOT THINK ABOUT BUT FOUND QUITE FUNNY IS DRUG ADDICTS ARE STEALING STREET SIGNS BECAUSE THEY ARE MADE OUT OF ALUMINUM AND RECYCLING THEM FOR THE CASH. HENCE, FEDERAL GOVT APPROVED PLASTIC AND WOOD TO REPLACE THE CURRENT ALUMINUM SIGNS.

IN A NUTSHELL THEY MAKE RECYCLED PLASTIC INTO LUMBAR. THE INITIAL COSTS ARE MORE EXPENSIVE THAN WOOD BUT ONCE YOU USE PLASTICON, THAT IS IT, NO FURTHER MAINTENANCE. NO RUST OR BUGS TO CAUSE PROBLEMS, ETC.

NOT INTERESTED IN PLASTIC LUMBAR, ONLY INTERESTED IN .08-.12 AND FOR SOME OF YOU, A BIT HIGHER.

I THINK WE'RE ON OUR WAY.

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Chopper
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U4,
Have you kept track of the DD posted here? A lot of this you posted has been done so before. [Smile] But it sure is a nice reminder. This is directly from the green Baron that posted it a few weeks back.

GLTA [Big Grin]

Plasticon International, Inc. of Lexington, KY designs, produces, and distributes high-quality concrete accessories, transportation signage, lumber, and office supplies which are all produced from recycled and recyclable plastics. The Company has been in the recycled plastics business for 10 years, and its line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt. In addition, both its transportation signage and rebar support systems have received DOT approval in all 50 states.

Plasticon is the sole owner of an exclusive patented design of rebar support systems. Rebar supports are used to ensure the proper height placement of rebar horizontally and vertically in concrete. If the proper height is not achieved as specified by engineering, the concrete will not achieve its structural strength. Virtually all concrete construction requires rebar and rebar supports.

The rebar support market for US bridge reconstruction alone is $600 million annually, and the total U.S. market exceeds $1 billion. A partnership originally established with Georgia-Pacific’s building products distribution unit (now BlueLinx Corp. through an acquisition), provides a major market advantage for Plasticon as well as a competitive marketing position for BlueLinx. Plasticon has received tremendous response from projects using its rebar supports, and has plans to supply all 63 warehouse distribution points for BlueLinx in the United States.

Note: BlueLinx is a Fortune 500 company and distributes more than 10,000 building products in 14 categories from more than 1,600 supplier companies to customers nationwide. BlueLinx has a multi-year agreement to purchase structural panels, lumber and other building products manufactured by Georgia-Pacific and will be the exclusive distributor for select Georgia-Pacific-branded products.

A unique feature of all Plasticon products is that they are of the highest quality, yet do not require virgin raw material. Using recycled materials significantly reduces the cost of manufacturing, thus Plasticon is considered a “green company”. Plasticon’s use of environmental waste as raw material in the production of new and innovative products will continue to reduce waste since the new products are themselves, recyclable.

Plasticon’s patented products are recognized as the “Cadillac” in the industry and are without serious competition. PLNI products have been chosen for such showcase structures as Cleveland Stadium, The Rock-N-Roll Hall of Fame, Tampa Convention Center, Toronto Sky Dome, Chattanooga Aquarium, Disney Orlando, Wright Patterson Air Force Base, Tiffany Street Pier, and many others.

Plasticon rebar supports are constructed from strong, flexible, dielectric, non corrosive, recycled and engineered plastic materials. These concrete products do not rust, do not absorb water, and avoid the chloride ion attack. The slab and beam bolster products can be snapped together easily, saving labor and material expenses.

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It will run when you least expect it. :)

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Doctoall
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U4 I truly hope that when you make some money you get that caps key fixed [Big Grin]

Nice day for PLNI at least we did not loose ground, upward and onward for tomorrow.

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Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow

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kanalgeruch
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ditto - nice support level building...and then we are ready for the take off..
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maniladreamin
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LEXINGTON, Ky., May 24, 2005 (PRIMEZONE via COMTEX) -- Plasticon International, Inc. (Pink SheetsLNI) today announced that it has entered negotiations to acquire Semco, Inc., a Nevada-based company that is a pioneer in resurfacing technology.

"We are very excited about this potential acquisition," said Jim Turek, president and CEO of Plasticon International. "If you looked up synergy in the dictionary, this deal should be cited as the example. There are many parallels between Plasticon and Semco. Semco's products are the most technologically advanced surfacing products in the industry. Plasticon has the most technologically advanced recycled plastic products in the construction industry. Their products have been used on government buildings, many hotels in Las Vegas, and other large commercial projects and in residential settings as well. Plasticon's products are used to support many of the most important facilities in North America and around the world. It would be the perfect synergy."

Mr. Turek said that when this deal is signed, he expects Semco's product line to become a major profit center for Plasticon. "This deal would not only be important to Plasticon in terms of the synergy of our products," Mr. Turek said. "It would also have a major impact on our bottom line."

Mr. Turek also cited the fact that Semco, Inc. is environmentally friendly as a major plus for the potential acquisition. "Any acquisition we make has to fit in with our corporate mission and our manufacturing process and principles. As a leader in environmentally friendly manufacturing, it's important for us to maintain that status as we continue to grow the company. Like Plasticon, Semco, Inc. is a proven leader in their sector and has maintained an environmentally friendly manufacturing process."

Semco, Inc.'s water-based resurfacing products, which cross link chemically to the material they are being bonded to, are used on similar applications as Plasticon's products, such as bridges and other critical infrastructure projects. "Plasticon's rebar support products are used as a more durable, dependable, cost-effective alternative to steel in the reinforcing of concrete," Mr. Turek said. "They are used not just on buildings, but on other critical infrastructure such as bridges and roads. Semco's products reinforce the density of the surface they are being bonded to, which in this example would lead to maximum concrete durability. There would be many immediate applications where our products would work perfectly together, and as we expand our product base, there would be many applications down the road as well."

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.

SOURCE: Plasticon International, Inc.
Plasticon International, Inc.
Jim Turek, President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
www.plasticonintl.com
Bill Howe, Investor Relations: (800) 889-0915

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