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My secret wish is that the bulk of the 40 million shares I had originally bought were sold to me as naked shorts and the shorter is still staring at his monitor in disbelief....
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Plasticon Announces Major Contract with R&S Manufacturing, One of the Largest Manufacturers and Suppliers of Concrete Post-Tension Construction Cable in the U.S. Wednesday June 1, 11:20 am ET Contract with R&S Manufacturing Mirrors Industry Shift from Metal Rebar Support to Plastic Rebar Support
LEXINGTON, Ky.--(BUSINESS WIRE)--June 1, 2005-- Plasticon International Inc. (Pink Sheets - PLNI) today announced that the company has signed a major contract to supply R&S Manufacturing with nearly a half million dollars of recycled plastic rebar supports. Plasticon's patented rebar supports will be supplied to R&S's customers with their post-tension cable products. "We are thrilled about this contract with R&S," said Mr. Jim Turek, President and CEO of Plasticon International. "But more importantly, we are very excited about establishing and growing the relationship with R&S Manufacturing. We believe that this deal, combined with our existing contract with the largest distributor of building materials in the U.S., will give Plasticon the ability to dominate our sector. Not only do we have an edge with product development and technology, we also have a definitive edge in terms of our distribution relationships and our partnerships with companies such as 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.
Additionally, R&S Manufacturing has indicated an interest in supplying their clients with Semco, Inc.'s line of surfacing products, which reinforce and completely waterproof concrete. Plasticon recently signed a letter of intent to acquire Semco in a privately financed cash transaction. "Of course we are very encouraged to see that our new clients and partners are so interested in Semco's surfacing products. We are seeing the potential importance of that acquisition on the street level every day."
Mr. Turek also noted that as an industry trend, it's significant to see companies like R&S Manufacturing moving towards recycled plastic rebar supports. "Of course, R&S manufactures and supplies steel cable. But it's notable that for rebar supports they are now shifting to recycled plastic supports which provide construction companies with a more durable, dependable, cost-effective solution. R&S Manufacturing, as one of the oldest, most trusted names in post tensioning cable sector, will have a major impact in our industry in terms of the acceptance of recycled plastic rebar supports as the industry standard."
-------------------- Come Q, the kid needs back-to-school shopping!
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Just wait til alot more people read the news clip during their lunch break... I still believe we will ahve a strong afternoon and top 0.02 before EOD!
-------------------- 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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THURSDAY AND FRIDAY OF LAST WEEK. JUST A FEW DAYS AGO.
"WE'RE UPGRADING" AND .0199.
SUDDEN DROP TO .01.
NEWS OUT FRIDAY, BACK UP TO .015.
NEWS TODAY, UP TO .0199.
FALLING RIGHT INTO THE PATTERN OF A PINK SHEET STOCK. TIME AND TIME AGAIN THIS HAPPENS AND WHAT DO YOU SEE, THE STOCK PLUMMET ON "GREAT" NEWS LIKE WHAT'S BEING BROUGHT TO LIGHT WITH PLNI.
WE STILL DON'T HAVE CERTIFIED SHARE COUNT NOR ANY CERTIFIED SEMCO. FURTHER, THE NEWS TODAY IS A CONTRACT TO SUPPLY WHICH WILL BE BASED UPON R&S DEMAND.
IT'S NOT TO TAKE AWAY FROM THE FACT OF GOOD NEWS BUT IT'S A REALITY CHECK THAT IF YOU'VE WATCHED ANY PINK SHEET THAT IS CURRENTLY "HOT" THEY ALL FORM THE IDENTICAL SAME PATTERN. STUFF LOOKS GREAT, GREAT NEWS, REAL PRODUCTS TO PUT TO MARKET AND THEN YOU SEE A SOAR ONLY TO SEE IT PLUMMET RIGHT BACK DOWN.
THE ONLY STRONG NEWS WE HAVE IS UPGRADE WHICH ULTIMATELY CAN BE VERIFIED. SEMCO IS PRIVATE WHICH LEAVES US UNABLE TO DETERMINE IT'S VALUE. BLU LINX THE LARGEST DISTRIBUTOR OF PRODUCTS IS THE LARGEST DISTRIBUTOR OF PRODUCTS, NOT THE LARGEST DISTRIBUTOR OF PLASTICON SUPPORTS AT $30-MILLION DOLLARS. THERE IS A DIFFERENCE.
RIGHT NOW WE'RE GETTING TOO MUCH PR. OH HERE IT COMES, WELL THEY WANT SHAREHOLDERS TO KNOW OR THEY ARE OBLIGATED TO.... WRONG!
FACTS ARE THAT EVERY PINK SHEET DOES THIS. PUTS OUT A CARROT AND THEN PUTS OUT MANY MORE CARROTS AND WHAT HAPPENS? PLUMMET FROM A "HIGH."
CERTIFIED SHARE NUMBERS WITH A UPGRADE. FURTHER, ADDITIONAL FILINGS THROUGHOUT THE YEAR TO SEE WHAT THE ACTUAL NUMBERS ARE. THEN AND ONLY THEN WILL WE HAVE SUBSTANCE TO REALLY GROW.
TUREK AND DON'T MISUNDERSTAND ME THAT I HAVE SPOKEN TO HIM ABOUT THIS IN ANYWAY, BUT HE'S LOOKING AT THE FUTURE OF $20/SHARE AND BEYOND. HE'S SAYING HOLLY CRAP ABOUT THE RECENT EVENTS AND THAT IS ALL WELL AND GOOD BUT THE REALITY IS....
REALITY....
EVERY PINK SHEET DOES WHAT HE'S DOING AND MOVES ON MOMENTUM. THEY TELL US UPGRADE, GREAT PLANS, THIS AND THAT ONLY TO SEE HOW MANY OF THEM FALL THROUGH? TIME AND TIME AGAIN. WITH THE RECENT NEWS YOU CAN PUT ANY OTHER PINK SHEET STOCK SYMBOL INSTEAD OF PLNI ON THIS NEWS AND THERE YOU HAVE IT, ANOTHER PINK SHEET STOCK TELLING US GREAT THINGS.
DO THINGS LOOK ON THE UP AND UP FOR PLASTICON? ABSOLUTELY. DID THEY FOR NUMEROUS OTHER PINKS; ABSOLUTELY.
NO. 1: FINISH YOUR ACCOUNTING FOR UPGRADE.
NO. 2: SUBMIT THAT PAPERWORK FOR UPGRADE.
RELEASE A PR AT THE TIME YOU SUBMIT THE PAPERWORK FOR UPGRADE AND NOT A DAY SOONER AND NO OTHER INFO.
LET THE S.E.C. ANNOUNCE THE UPGRADE OF PLNI AND NOT PLNI. LET THE S.E.C. GIVE THE NEW SYMBOL IF ANY FOR THE UPGRADE.
SAY NOTHING ABOUT SEMCO FROM THIS POINT FORWARD UNTIL YOU ACTUALLY TRANSFER OWNERSHIP TO PLNI. DO NOT MENTION NUMBERS OF ANY KIND UNTIL YOU DO YOUR QUARTERLY REPORT WITH THE S.E.C. LET THAT SPEAK FOR THE SEMCO FINANCIALS/PROFITS.
EITHER BEFORE UPGRADE PREFERABLE, DO A R/S THEREBY PUTTING THE TOTAL SHARE COUNT TO NO MORE THAN 150-MILLION SHARES AND FLOAT HOPEFULLY AROUND THE 25-50 MILLION MARK.
FOCUS ON THE STRENGHTS OF YOUR COMPANY AND THAT YOUR THE LEADER IN THIS PRODUCT.
CONTINUE TO RELEASE YOUR QUARTELY REPORTS AND FILE ON TIME. NOW LOOK TO NASDAQ FOR UPGRADE.
HENCE, BECOME THE WALMART/MICROSOFT OF PLASTIC LUMBAR AND COATINGS.
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if you want to know the truth plni will be 3 or 4 dollars or perhaps more... but look at gtel/gte and take a lesson on how its done... but this stock will be a few bucks and will be on the big board.
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quote:Originally posted by blueranger: if you want to know the truth plni will be 3 or 4 dollars or perhaps more... but look at gtel/gte and take a lesson on how its done... but this stock will be a few bucks and will be on the big board.
Ranger, have you went by thier office yet???? You said you were going to go check them out and i never saw anything....just curious.
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Sell at the high and rebuy on the lows...This way you take your profits and keep your principle liquid...never tie up your cash for too long in the pinks...IMHO
PLNI has received a lot of attention and people want in on the low...so I expect if this thing dips to 0165 again like it did this morning, you'll see a TON of buying!
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U4 PLEASE TURN OF THE CAPS! I now Ignore you when I see all the caps. I'm not sure what you are up to... But it appears to me your Bashing the stock and I don't care to see it on this thread! Go Bash a REAL Looser like cmkx and let us enjoy this one. GLTA And have a Great trading day.
-------------------- It will run when you least expect it. :)
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quote:Originally posted by blueranger: if you want to know the truth plni will be 3 or 4 dollars or perhaps more... but look at gtel/gte and take a lesson on how its done... but this stock will be a few bucks and will be on the big board.
So when gtel did the r/s, did you end up making money still blue?
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience.
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quote:Originally posted by Chopper: U4 PLEASE TURN OF THE CAPS! I now Ignore you when I see all the caps. I'm not sure what you are up to... But it appears to me your Bashing the stock and I don't care to see it on this thread! Go Bash a REAL Looser like cmkx and let us enjoy this one. GLTA And have a Great trading day.
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