-------------------- 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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posted
Yes, it is ready to go. And, if your only playing with a few hundred thousand shares you will be able to get in and out on small bumps in the pps that'll happen along hte way towards the 'true' breakout - where the buy settles in the 0.01 to 0.03 range.
However, until the company starts releasing news on the audit, finances or even a confirmation of the current float you will have a hard time convincing serious investors what the real value is here. There is serious potential here for me to make a million dollars off this stock - I just need to relax and wait patiently.
It takes visionaries like us to buy before all the confirming data is out build the launch platform that'll send this baby to the stars.
Posts: 277 | Registered: Apr 2005
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posted
Balder.... I only wish that I had accumulated as much as you! I am sitting slightly below 1 mill and would love for this to hit hte 0.01 - 0.03 range. I to am patient, but I know that little volume moves this like mountains!
As I write this, the bid just raised..... there is finally some movement for us!
-------------------- 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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posted
nice to hear from you balder. i have been in this stock since late june last year. i have to say i have a much bigger position than when i started as i bought up when it was in the 002 range. this could be a great year for this stock. i may sell some if there is a quick spike, but i think i'm in for the long haul with some of my position. looking good today!
Posts: 515 | Registered: Mar 2005
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posted
The current float is 1,440,000,000 (according to latest public release back in 11/04) with insiders holding about 900,000,000 - that leaves 540,000,000 roughly as the 'public' float.
That puts me at 7.5% of the public float, or 2.8% of the total outstanding shares.
Posts: 277 | Registered: Apr 2005
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posted
sweet. if you sell, do it at ask! i think the outstanding may have increase to 1.5 something. i'm sure they had to pay equitilink. cant remember where i saw that though. its a tiny increase anyways.
Posts: 515 | Registered: Mar 2005
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-------------------- 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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posted
now that lunchtime is getting close, and my stomach is starting to grumble... I just thought of another (boy I am on fire today!)....
"You better cut the pizza into 4 pieces, cause I am not hungry enough to eat 6!"
- the one and only Yogi
-------------------- 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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posted
I want pizza Long and holding this one, waiting for the run.
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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-------------------- 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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Look at Feb 15 & 16th on the chart..... it is identical to yesterday and today.... White candle crossing the 20dma and then the dragonfly doji.
Dragonfly Doji:
A Doji line where the open and close price are at the high of the day. Like other Doji days, this one normally appears at market turning points.
A couple days later... BOOM! a nice big gain....
-------------------- 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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Plasticon International Inc. (PLNI) Research Opinion: Strong Buy Share Outstanding: 1,400,000,000 Shares in Float: 300,000
BREAKING NEWS:
Plasticon International, Inc. has entered into and begun to fill orders for plastic supports on an exclusive distribution agreement with the largest US building products distributor. The initial commitment of $5.3 million includes the US, Puerto Rico and Caribbean, which will establish a solid base of distribution for the company and greatly enhance brand exposure of their plastic accessories. Plasticon's products will be carried in national retail outlets that over the next 2 years will be supplied by 63 distribution centers located throughout the country. Each center by average, represents a potential order of $300,000 wholesale or a total of $18 million annually without factoring reorders or special product requests for the US Market alone. As well, current negotiations for Canadian orders represent an additional potential of $2-4 million a year.
THE COMPANY
Plasticon International, Inc. 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 operating in the recycled plastics business for over 10 years and has a line of patented, plastic concrete accessories that have been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico and Egypt. Plasticon has also received sweeping approval from the Department of Transportation (DOT) for its transportation signage.
INVESTMENT THESIS
The concrete industry is massive, used worldwide in all types of construction. The total US market is priced in the hundreds of billions of dollars, but concrete by itself offers little structural support without reinforcement consisting of rebar and rebar supports. The concrete construction market for rebar supports was approximately $27 billion in 1993. (Concrete Reinforcing Steel Institute)
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.
There are many compelling arguments for the use of Plasticon's plastic rebar supports which include the following:
* Plasticon produces supports that offer 100% flexibility where grinding is likely or matching is necessary. Metal tips will never be exposed, eliminating the possibility of rust after the grinding of concrete and/or because of defective plastic tips or epoxy. * Plasticon's plastic supports do not deflect and therefore eliminate on grade measurements. This feature reduces labor expense on placing. Contractors have estimated metal support deflection at 6% of total volume. * Plasticon's supports have zero percent water retention, thus are very desirable in climates of moderate to heavy exposure, (e.g. northern climates, coastal areas and waste water treatment facilities). All other materials, including epoxy coated supports, allow varying levels of water retention causing rusting and subsequent spalling (metal rusting in concrete resulting in voids). * All other plastic supports are generally made using commodity plastic resins. These resins do not have the durability, dependability and resistance that Plasticon's have when subjected to extreme heat or cold. * Plasticon's all plastic supports are designed allowing for intersecting, popular in DOT projects. * Plasticon's supports are made using recycled resins, when possible, from major resin manufacturers among other sources. Plasticon's engineered resin technology makes their supports the strongest on the market.
plni_loadchart1.gif plni_loadchart2.gif
Plasticon's supports eliminate the need for epoxy coated, stainless steel, galvanized, plastic tipped, plastic dipped and wire supports.
More to the heart of the matter is the issue of corrosion damage. Expensive results of corrosion effects governments, businesses and ultimately the taxpayer every year. A study funded by the Federal Highway Administration looked at those sectors of the US economy that had the highest costs in corrosion damage and found that corrosion costs are twofold. The first costs occur in the planning phase when choosing building materials. The secondary costs occur in the construction phase, when the implementation of inspection monitoring and the replacement of damaged structures occur. Another finding of the study, highlights the need for action to be taken to address these issues.
If metal supports in concrete do not become contaminated with salt water they will last as long or longer than the rest of the structure. When salt water comes in contact with metal supports inside concrete an electrical current is formed between the salt and metal and the concrete becomes electrically charged. As the current cycles back and forth between the positive and negative charges it corrodes and consumes the steel rebar or other metal supports encased in concrete. As the metal supports deteriorate the load bearing strength of the concrete progressively weakens until either the supports are replaced or failure occurs. During the corrosive process the rust bi-product, red oxide, can grow to four times the size of the original steel, and can exert up to 4,000 psi (pounds per square inch) pressure on the surrounding concrete. This pressure cracks and buckles the concrete, opening easier access for the encased steel to be penetrated by salt, often leading to structural repair and possible premature structure condemnation.
As figure 2 shows, when a metal chair is used to support the rebar, the area of electrically charged metal is much greater then when a plastic chair is used (figure 1). This vast reduction in electrically charged areas mean a vast reduction in total overall cracking and delamination, thus reducing the admittance of salt laden water and further rust and corrosion. Plasticon's all plastic supports minimize corrosion and maximize the life span with unmatched cost effectiveness. (Figures refer to use of steel rebar) plni_figure1.gif plni_figure2.gif
The Dielectric (does not conduct electricity) properties of Plasticon's supports are quickly becoming a considerable factor in product choice. Where states such as New York and New Jersey have adopted code requirements for using "dielectric" concrete accessories, the potential for other states to follow suit is more than likely.
With the annual cost of corrosive damage to metal in the United States estimated to be at $275 billion dollars and both the Government and Industry sectors looking to extend the life of supporting steel supports, there is an exceptional opportunity for suppliers of alternate materials to increase growth and revenue. Due to the strength and quality of Plasticon's products, they have been used in many high profile construction projects: plni_skydome.jpg Toronto SkyDome plni_aqua.jpg Chattanooga Aquarium plni_tampa.jpg Tampa Convention Center plni_losalamos.jpg Nuclear Regulatory Facility at Los Alamos
Two to three percent is generally the accepted formula for the cost of rebar support in a project. A minimum of twenty-thousand dollars in rebar support sales can be expected per one million dollars in concrete construction costs. The rebar support market for US bridge reconstruction alone is $650 million with an overall US market value in excess of $1 billion.
Relevant Stats
* Annual corrosion costs for the US infrastructure and transportation sectors are $22.6 billion dollars annually. (CC.com) * In 2004, Portland cement consumption in the United States rose by 6.6% to over 114 million metric tons. The fastest growing region was the South Atlantic with consumption increasing 14% year over year. (Portland Cement Association) * Of the approximately 583,000 highway bridges in the US, 87,450 or 15% have structural defects due to corrosion. Of those 583,000 bridges 235,000 are constructed of reinforced concrete, 108,000 are made of prestressed concrete,, and 200,000 are made of steel. More than 70% of all highway bridges are made with some form of concrete. (CC.com) * Corrosion costs to our waterways and ports are over $300 million dollars annually. "Corrosion is typically found on piers and docks, bulkheads and retaining walls, mooring structures and navigational aids." The salt water environment really takes its toll on cement structures and the steel within. (CC.com) * Global steel consumption and production are up and setting records. Crude steel production in 2004 rose 84 million tons year-over-year, and reached the billion ton mark for the first time. Global steel consumption in 2004 rose to 935 million tons, an increase of 8.8% over 2003's figure. (The International Iron and Steel Institute. IISI) * The outlook for steel markets looks to remain inline to the upside while in particular, the Asian markets are booming with continued strong demand in the western world. The IISI forecasts a 5% growth rate in global steel demand for 2005.
R&D
Plasticon has made a substantial investment into research and development which is now being realized through market orders, current production build-out to accommodate orders to scale for mass distribution and the holding of important registered patents.
"Many patents contain clever and novel ideas but turn out to be impractical when attempts are made to actually practice the art as a basis of a commercial venture. That is clearly not the case with the concrete accessories held by Plasticon. The Plasticon patents disclose commercially viable new and innovative technology.
"A validation parameter regarding the worth of the technology enters the equation if and when a patent disclosure is judged sufficiently economically viable that it begins to attract competitors.
"In Plasticon's case, a competitor aggressively entered the market directly competing with Plasticon concrete accessory products. A thorough analysis of the competitive products by professional patent and design counsel retained by Plasticon determined that the competitive products directly violated several aspects of Plasticon's patents. The competitor was informed, but chose to ignore Plasticon's notices of infringement and was taken to court by Plasticon for remediation in 2000.
"Court challenges to patent validity are very significant events. Defendants can bring true world-class experts in design and function to attempt to prove a patent and its technology invalid. Patents are thus subject to intense examination and records show that many patents fail to survive this process and are ruled invalid. Plasticon was subject to this process by the competitor's experts in a Federal Court proceeding in which a judge shortly concluded that the competitor failed to make a credible case and ruled in Plasticon's favor.
"Surviving this intense examination process under the circumstances noted above dramatically enhances the economic value of a patented technology. (William L. Kelly, P.h.D. WLK Associates)
In the court proceeding, an expert testified the registered patent by itself would have an increased valuation in excess of $16 million from the previous appraisal of between $4.5 to $6 million range.
Revenue Forecast
Plasticon's primary focus is plastic rebar supports which generate approximately 90% of revenue sales. Plasticon is nearing $2.5 million in sales for this year and expects to finish between $4 to $5 million for 2005. With a build-out that involves acquiring additional molds for pouring, and production levels coming inline accordingly, the company anticipates $15 million in revenue for year 3 and $35 million in revenue for year 5.
SUMMARY
Plasticon has developed a leading, high quality alternative building product in its plastic rebar supports that is patent protected and proven. Having obtained an exclusive contract with the largest building products distributor, Plasticon is building out its production facility to accommodate large-scale distribution. The concrete construction market for rebar supports is substantial with a glaring issue of corrosion and cost effectiveness that offers Plasticon a compelling argument for success. Plasticon is environmentally friendly using recyclable plastics, also known as a "Green Company," there may be some foreshadowing here as it relates to revenue forecasts at year one $4-5 million, year three $15 million and year five at $35 million, we anticipate a healthy move in the stock price.
A new message board topic has been posted for PLNI. Please stop by and leave your comments or questions about this featured stock: Plasticon International Inc. (PLNI)
If this was released in a PR, we would go straight into orbit! I can't wait til tomorrow!
-------------------- 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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posted
FOT.....take a break.....you posted enough DD to make a new race of humans ......she's gunna' pop like you said...and maybe more I'm watching like a hawk.....it's gunna' be another one of your good picks.....GLTA......
-------------------- Marty When I was born, I was granted a visitors pass to earth. I will enjoy everyday until it has expired. You should too ;) Posts: 1740 | From: NJ, USA | Registered: Oct 2004
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quote:Originally posted by Marty: FOT.....take a break.....you posted enough DD to make a new race of humans ......she's gunna' pop like you said...and maybe more I'm watching like a hawk.....it's gunna' be another one of your good picks.....GLTA......
Sorry Marty..... Allstocks is addictive sometimes!
Posts: 3353 | Registered: Nov 2004
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posted
Plasticon International Inc. (PLNI) Research Opinion: Strong Buy Share Outstanding: 1,400,000,000 Shares in Float: 300,000
is incorrect data.
300,000,000 in the float and we get to the right magnitude, but I am betting the true number is closer to 600,000,000.
Posts: 277 | Registered: Apr 2005
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If I swallow what they're feeding me... (with 2 billion authorized shares)
"Plasticon's primary focus is plastic rebar supports which generate approximately 90% of revenue sales. Plasticon is nearing $2.5 million in sales for this year and expects to finish between $4 to $5 million for 2005. With a build-out that involves acquiring additional molds for pouring, and production levels coming inline accordingly, the company anticipates $15 million in revenue for year 3 and $35 million in revenue for year 5."
in 5 years this stock will be worth ~ (35,000,000/2,000,000,000)*16 = (0.015)*16 = 0.24 pps
an 8000% gain over 5 years.
That was assuming the construction supply industry multiplier of 16. Even with a multiple of 1 it'll be worth 0.015, a 500% gain over 5 years.
posted
the heck with 5 years from now. lets talk current valuation:
(2,300,000/1440000000)*16 = (0.0016)*16 = 0.0256
two and a half cents.
ok, a pinksheet doesn't deserve a 16 multiplier. with a close of 0.003 today it looks like a current multipler of 2 is more fitting the data.
I've only been playing pinksheets for the last year or so, and not many of them have had such nice steady revenues. What are common multipliers for pinksheets?
PLNI is the best I've seen since I've started playing pinksheets.
Posts: 277 | Registered: Apr 2005
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..... On or before July 27, 2004, the Majority Shareholders submitted their written consent to approve and adopt the Board of Directors' resolution described in this Information Statement. As of July 27, 2004, the Majority Shareholders will hold, of record, 938,032,062 shares of Wicklund's common stock, par value $0.001 per share, or approximately 65.2% of the 1,329,283,171 issued and outstanding common stock of Wicklund. .....
Posts: 277 | Registered: Apr 2005
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it looks like the uptrend is going to continue! I am ready for a nice steady climb! Keep going 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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posted
Bought more this morning and now waiting for the run and it will run
-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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posted
I looked into that site last night - it has almost no traffic as far as I can tell - so I am not sure what impact posting that story there will have.
I do not expect a run up today or tomorrow; not until they post a definitive statement regarding the audit and the move to the OTCBB's.
It seems that the MM's are keeping a tight leash on the pps.
Posts: 277 | Registered: Apr 2005
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I like what I see.... come on PLNI... blast off so I can really load up on the Q! I want at least another 2 mill shares... if PLNI hits 0.01, I am golden!
-------------------- 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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Long and holding this one, waiting for the run.![[Razz]](tongue.gif)
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......she's gunna' pop like you said...and maybe more ![[Big Grin]](biggrin.gif)
