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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 6)

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Author Topic: PLNI.... Charts look Great...I am IN!!!
stolibox
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james p toohey listed as consultant on this equitilink mailer i got a long time ago. he apparently works for washington state d.o.t. unless someone has an identical name. how i would love a government contract. maybe some bridge work? we need a new floating bridge here in seattle with a price tag of 2 billion. i'd like a piece of that pie.
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Balder
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The first entry below is the J.P. Toohey connected with PLNI. The second entry is another (I think) J.P. Toohey:

JAMES P. TOOHEY, CONSULTANT
Jim Toohey’s career includes thirty some years with Hallmark Cards, Inc., where he
worked in a wide variety of areas including sales management, personnel, product
development, marketing and distribution. Jim was eventually named President of
Hallmark International and a corporate officer of the parent company.
Key Management

James P. Toohey, Washington State Department of Transportation, Olympia, WA
James P. Toohey is Assistant Secretary for Planning and Programming for the Washington State Department of Transportation, where he is in charge of transportation planning and project programming for the department. His additional department responsibilities include research, economic analysis and transportation data collection and analysis. He was an invited participant at the TRB Conference on Information Needs to Support State and Local Transportation Decision Making in to the 21st Century. He currently serves on the State of Washington Land Use Study Commission. Toohey has held other positions in the Washington State DOT with responsibilities in areas such as public transportation and rail, financial planning, federal government liaison activities and internal management consulting. Prior to coming to the Washington State DOT, he was employed by a national CPA firm. Toohey participates on the AASHTO Standing Committee on Planning and has served on a number of TRB committees and advisory panels including the Statewide Transportation Planning Committee and the NCHRP Project Panel on Economic Implications of Congestion. Mr. Toohey received a BA in Business Administration from the University of Massachusetts.

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FatherOfTwo
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A couple big buys cam e through and they raised the bid...

A little more volume and this thing is GONE!!!!!

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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! :)

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FatherOfTwo
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4mill volume in last 40 minutes... this is getting ready to go!

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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! :)

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stolibox
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wow, volume surge...
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FatherOfTwo
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we just need one uptick.... that will put us over the upper bolli band and send this thing flying... with all the buys today, the MM's will have to raise it, they can't keep it here too much longer!

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Balder
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All I can say is (in my best Monty Burns imitation) "Exxcelllllent"
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FatherOfTwo
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we are already at 2x the 5 day avg volume and 1.5X the 20 day moving avg....

I am expecting a nice afternoon run, with a great continuation through tomorrow!

get in here quick if you can!

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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! :)

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stolibox
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aye carumba! 10million!
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Doctoall
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Here we go [Big Grin] 0.0031

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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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FatherOfTwo
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they raisaed the ask... ok there goes a 31.....

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FatherOfTwo
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bid x ask now 30 x 31.....

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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! :)

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Balder
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Someone just popped the 0.0031 cherry.

Large volume considering the recent activity levels.

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stolibox
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think the pr is in the queue?
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Balder
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actually, I think people on many different boards are buying into the recent hype about this stock.

If the buying were based on a yet to be releasd PR - well, that would be a form of insider trading.

I'm betting its all based on people hypeing this stock on many different boards and new people are just now becomming aware of the potential in this stock.

Just my guess.

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stolibox
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good point balder. i've seen more action around the boards lately than ever. not to mention i've been posting like a retired guy with nothing to do but golf [Smile]
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Balder
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Looks like one of the short term players is selling now that the bid has been raised.

Of course I hope the price continues to rise and they are left smacking their foreheads saying "I settled for a 10% increase, when it actually went up 1000%!

Hey, I can dream...

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FatherOfTwo
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I am still with you Balder.....

I went to lunch and came back to where we were earlier today....

From the looks of things, the MM's are pairing up buyers with sellers as best they can. They opened up the spread to slow things down and to provide them with extra opportunity to fill a buy.. i.e. they will buy at 28 or 29 and only sell at 30....

I am in no hurry here as there are too many good things awaiting us from this Co. Once they release even just a tidbit of what they are doing, this will fly.... the charts are primed and looking good. I would like to at least get 0.01 for each of my shares.

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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! :)

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FatherOfTwo
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Now, right after I type this, the Bid raises back up and a couple million share trades go through....

This is beautiful!

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Balder
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~6 million shares in the last 15 minutes.

atypical activity today - with no news

good money flow though, most of the sales today have been at the ask.

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FatherOfTwo
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ask moving up again.... 29 x 31 now!

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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! :)

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lilpennypincher
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I agree.......This is beautiful.
Great volume. It's beginning to happen.

Good luck today all. I have things to do today. Won't be able to watch.

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FatherOfTwo
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The chart is looking great......

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLh14,3!Le12,26,9]&pref=G

stochs moving up, macd is in uptrend.... this is looking good for some continued slow steady upward movement!

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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! :)

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bond006
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i am in have been for a while like the chats and business i am still buying more hope i have time one thing you never can figure with this one is there lack of pr i hope they come out blasting and we get some fast movement. [Big Grin]
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stolibox
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well, maybe this is the calm before the storm. i really suprised with yesterday's volume and lack of movement. someone must have wanted out with the bid upticks.
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Balder
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without any news to justify an increase in the pps I am not suprised the price has remained stable.

I said it above - there is no reason to expect a significant appreciation in the pps until PLNI releases financial data, i.e. the audit results.

Everyone who got in yesterday got in at a good price. Now you all just have to wait it out with the rest of us.

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Murnak
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Okay I picked up more shares they can start releasing the PRs!!!!!!!!!!!!!

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

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Murnak
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Oh! when is the PLNI CEO Interview.....tomorrow I believe..............

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

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bond006
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well i hope it is and i hope all the news is good i realize to make money you have to have somewhat of an educated guess of the future and take a chance on your on your gut feeling but i need some action somewhere. i have betting a lot ao may and june but i want to get my blood going. [Cool]
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Balder
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where did you find information on an interview with Jim Turek?

Who is doing the interview?

I'd love to assemble a list of questions the investors have to present to the interviewer before the interview!

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Murnak
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Just something I heard!
Not sure where it going to happen........
I figured it was the kickoff for some great news!

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

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Balder
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From November 2004:

http://www.kybiz.com/lanereport/departments/fast_lane/fastlane1104.html
Plasticon International Inc., a Lexington company that develops uses for recycled plastic, has announced plans to acquire Xylox North America Inc. Xylox is a start-up Michigan company that develops elastomers from rubber and plastic. Plasticon President and CEO James Turek said the acquisition will substantially reduce material costs for rebar supports as well as for plastic lumbers and allow Plasticon to develop rubber/plastic composites. Turek added that preliminary testing is already under way in the automotive industry for use of composite materials in automotive grills and fender liners.

I want an update.

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Murnak
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Did you call Bill Howe 617-263-1450???

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

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Balder
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http://www.recyclingtoday.com/news/news.asp?ID=6518&SubCatID=18&CatID=6
Plastics Recycling Company Announces Acquisition
10/12/2004
Plasticon International, Inc. announce that it 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. 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 percent recycled materials.

James Turek, Plasticon’s president and CEO, said, "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."
Tuesday, October 12, 2004

http://www.primezone.com/newsroom/news_releases.mhtml?d=65399
Plasticon International, Inc. Announces Intent to Acquire XYLOX of North America, Inc.
Year 2 Sales Revenue Projections in Excess of $23,000,000
LEXINGTON, Ky., Oct. 12, 2004 (PRIMEZONE) -- 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.

CONTACT: Equitilink, LLC
Investor Relations
(877) 788-1940


Added this as it was the original announcement with a figure I had always kept in the back of my head - the $23mil potential revenue from this new patented (i think) recyclying method.

I want more information on how this is proceeding.

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Balder
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Bill Howe has said many things to many people - I have yet to see anything he said come to pass.

Would you like to comment here Stolibox?

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