posted
And why the hell would stockhunter even remotely suggest that the stock be shut down from trading????
It appears to me there is deceptive behavior going on from the other side of the aisle!!! Protecting the little share holders from a deceptive company my azzzzzz... Dig further folks the INSIDER trading by these people is lining only their shorting azzzz pockets!!!! Never forget Eagletech and Pet Quarters.
How does he know this?? "The level of discontent and feedback to the regulatory authorities is very high"???? Is there a planned attack against plni being implemented through email, fax and letter that they are coordinating to destroy this start up????? I want to know what the hell is going on from these people trying to destroy my investment!!!!!
Posted by Stockhunter: "A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks."
Posts: 132 | From: NC | Registered: Jun 2005
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Again, the only fact I see that those comments were posted. I see only, specualtions, possibilities, and questions there, no supported facts other than the information was posted.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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If you are looking for black and white statememts of fact you won't find that in these kinds of activities...
I feel very lucky we got what we did...I'm told it's enough to start to get to the black and white facts...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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Rules for Successful Bashing: 1. Be anonymous 2. Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions. 3. Let others help you learn about the stock. Build rapport and a support base before initiating your Bashing routine. 4. Enter w/ humor and reply to all who reply to you. 5. Use multiple ISP's, handles and aliases. 6. Use two (2) or more aliases to simulate a discussion. 7. Do not start with an all out slam of the stock. Build softly. 8. Identify your foes (Longs) and the boards "guru" Use them to your advantage. Lead them do not follow their lead. 9. Only Bash until the tide/momentum turns. Let doubt carry it the rest of the way. 10. Give the appearance of being open minded. 11. Be bold in your statements. People follow strength. 12. Write headlines in caps with catchy statements. 13. Pour it on as your position gains momentum. Not your personality. 14. Don't worry about being labeled a "Basher". Newbies won't know your history. 15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers. 16. Your goal is to limit the momentum of the run. Not to tank the company or create a plunge in the stock; be subtle and consistent. 17. Kill the dreams of profits, not the company or the stock. 18. Use questions to create critical thinking. Statements to reinforce facts. 19. DO NOT LIE, NAME CALL or USE PROFANITY. 20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings. 21. Discourage people from believing Press Releases. Encourage them to call the company. They won't out of laziness. 22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts. 23. If the price rises blame it on the hype or the PR, temporary mass reaction, the market, etc. Anything but the stock itself. 24. If other posters share your concerns, play on that and share theirs too. 25. Always cite low volume, even when it's not. 26. Three or four aliases can dominate a board and wear down the longs. 27. Bait the Longs into personal debates putting their focus/efforts on you and not the stock or facts. Divert their attention from facts. 28. Promote other stocks that would-be investors can turn to instead of the one your Bashing. 30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules. -------------------------------------------------------------- Grade 'A' Basher: If you post lots of old news, respond to all positive posts with a negative side. Never respond to being called a Basher, never post on another board with same alias. Can spend up to 80 hours a week Bashing a stock.
Grade 'B' Basher: Very good way with words, always claims to be your "friend" taking the positive poster into confidence, never posts on another board, spends about 60 hours a week.
Grade 'C' Basher: Spends less time than the others but is somewhat effective and gets a C grade due to getting excited when Bashers rules say not to get excited, spends about 40 hours a week.
Grade 'D' Basher: Needs to learn the basics about being convincing when making a negative statement. Spends a good amount of time working the stock, maybe 20 hours a week.
Grade 'F' Basher: A complete idiot, most readers are not convinced he knows anything about stocks in general. The type that says a stock "sucks", but gives no rationale, shows up every so often but no regular schedule
Posts: 132 | From: NC | Registered: Jun 2005
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Nice smoke screen state. Bearclaw, Suceess, Tex and others have a Very Valid questions in all this mess.
The True question has NOT been answered here: How did jeffrey mitchell, the worm, scionist, stockhunter and you get insider information about the share structure when it was not published ANYWHERE, not even with the SEC????
Judy from plasticon did not release it to ANYONE, so that's a down right falsehood. The Transfer Agent was also not giving this info out to ANYONE so there is falsehood #2. The Pink Sheets did not have the numbers untill 01/31/2006. No one that I have called associated with the company gave these numbers out to anyone!
Soooo how did these numbers get leaked out to the bashers and naked shorters???? This is pure and simple INSIDER Information that these people admit having prior to the actual Publishing nearly 2 months in advance to use to trade this stock!!!! There is a mole somewhere!!! They traded and Shorted this stock with INSIDER INFO folks and that is Illegal and will bring Prison time for these people doing this.
I agree, there should be an SEC investigation and it should start with and be be against these people who have recieved insider information about the share structure starting with jeffrey mitchell and the worm!!!
Keep at them Folks. There is a huge backpeddling coverup going on by these people and the trail of money will end up with a shorting hedgefund and market maker(s) somewhere IMO.
I think I smell what the Rock is Cookin and it smells like worm soup!
To: scionist who wrote (2282) 2/3/2006 1:32:35 AM From: Jeffrey S. Mitchell Read Replies (2) of 2484
You and I and Worm all knew back in early January the o/s has increased from 2.3B to 3.7B. We urged people to call the company because, well, we're just Basholes so we just make stuff up, right? Yes, I *do* give credit to those that did call. I hope they are now asking themselves the very real questions "Was I lied to?" and "Was I played?". I mean, if "we" knew the numbers, can anyone say with a straight face "they" didn't know them?
- Jeff
To: rrm_bcnu who wrote (1731) 1/10/2006 2:20:30 PM From: Jeffrey S. Mitchell Read Replies (3) of 2484
Rick, if the o/s was increased from 2.5B to 3.7B -- a whopping 50% -- in just one month, what would that imply to you? Yes, of course you may call PLNI to get the "real" o/s before you reply. Ask for Judy.
- Jeff
Posts: 132 | From: NC | Registered: Jun 2005
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posted
StockJockey... I wish I knew that the share count was increased...I wish I had that information in December...The folks you mention had those numbers...
I would have sold then and got back in Friday...wowowowow...I would have made some great bank...
Good luck with your trading...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
I recall a situation with CMKX very similar to the TA of PLNI's, releasing the O/S prematurely. It isn't identical to this situation, but the O/S was released inadvertantly.
CMKX moved from one TA to another. People began calling the new TA and asking the O/S, because the old one was gagged. I guess they forgot the gag when they hired the new one because someone there told shareholders the O/S was 400 billion. The next day the new TA was fired, and CMKX made ammends with the old TA, and returned to them. As the story developed it was a year later when investors found out that 400 billion, was accurate then, and the company had increased the A/S to 800 billion, and issued another 303 billion on top of the 400 billion reported by the new TA a year before. There was a guy named Joel, who was interviewd on one of these bullsh!t radio broadcasts, and he said it was the beginning of the end. He was a major supporter of CMKX, but when he found the O/S to be 400 billion he advised people to get out. He was then labeled, a liar, criminal, basher, felon, and every other name you can think of, but he was RIGHT !
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
Will... I appreciate you sharing that...but...your point is? What does this have to do with what we are talking about? I don't see the connection... sorry...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
As noted before, Stockhunter noted posts around the boards by traders who felt they were scammed. The posters said they were going to report to various authorites why they felt they were scammed. I have noted the same thing. Anyone who can read can do so.
The note that Stock added about an SEC halt is a prudent warning for any trader.
It is not a mystery, unless you want it to be.
Traders who read discussion boards benefit from accurate information and informed, rational inference. I for one will continue to post about PLNI's dismal record, as well as the fact that many posters are expressing disappointment with that record, in some cases directly to regulatory authorities.
This is the part of the conversation where Bear proclaims, "How do you know that?" And the answer is, "because they are saying so, on the discussion boards."
Why would this be so?
Aside from occasionally printing PRs when they said they would, it strikes me that Plasticon still hasn't delivered on most of the promises it has made since last May.
Plasticon has made some statements that appear to be true. Those include the claim that it would start manufacturing at the Promold plant by Nov. 10, and a previous statement, made last October, about delivering a Toyo machine to Promold to boost production capacity.
However.
It has not acquired Semco.
It has not acquired Promold.
It has not launched a share buyback, not in any meaningful way, unless one is satisfied by an alleged, undocumented 200-million share buyback that allegedly took place during a massive explosion in the float and outstanding shares.
It has demonstrably deceived investors about the buyback, referencing the 200-million reduction in official PRs at the same time it was diluting the stock.
It has expanded the authorized share count to 5 billion, an action that is still unexplained and not even acknowledged in a single one of the PRs published since that action in October.
Nor have any of the PRs acknowledged the higher float and outstanding dilution that was recorded at pinksheets on Dec. 7. Thus it is unsurprising that PLNI has yet to explain last week's dilution bomb.
It has printed deceptive PRs, making statements in headlines about "completed" acquisitions that have not, in fact, been completed. One has to read very carefully to learn the Promold and Semco acquisitions are awaiting SEC approval. For unexplained reasons.
It has misled the public by referring to "media coverage" rather than making it perfectly clear that it has bought a number of advertisements.
Have I got any of that wrong? If so, let me know and I'll correct the record.
But I submit that these actions deserve the highest level of scrutiny and analysis. It would be remarkable if this kind of track record did not result in complaints to regulatory authorities.
Go Steelers!
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
The linkage is, that TA's sometime do give information out inadvertantly. I don't think an error in judgement by a TA or an employee of a TA could be or would be construed as "isider information", on the part of the person asking the question and hearing the answer. If there is/was any wrong doing I would think it lies with the TA releasing that information.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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posted
AND to Prove My point state and others in his gang used INSIDER information to dump his holdings on or about the 25 of January!!! Check out his post, announcing his SALE using his INSIDER knowledge! The highs at the time were in between .0099 and .0109 People!!!!!!! Wake up and smell the INSIDER Trading Cappuccino!!!!!!!! Check it out for yourself.
quote:Originally posted by state780: They spelled McCarran wrong.
I think this PR could be another that helps nudge the price upstairs, but I've sold out my entire position. (Yeah, I'm taking a loss and moving on).
I just don't have any confidence in the representations of Plasticon. Here we are on Jan. 25, and we still have no explanation--or even an official PR acknowledgement--of the 5 billion a/s filing. Nor do I believe that the o/s and float are a "mere" 2.3 billion and 690 million respectively.
Much of the other stuff we've seen on some boards doesn't factor into this--I won't go down the list. For me, it's the track record. We still have an unclosed acquisition of Semco, and of Promold, and another delay, not much noticed in yesterday's PR, of information on the share restructure (from January, as announced in the Dec. 30 PR, to "in the very near future"). In yesterday's PR, there isn't even a mention of the audit. Nor is there any explanation of why SEC approval is needed for the acquisitions.
Could PLNI go up from here, dramatically? Absolutely! I hope you all make money. But I think it will be on fluff. Yesterday's PR was primarily about their other PRs, though they didn't put it that way. That kind of marketing doesn't work forever. And the way they phrased it--implying they've received news coverage instead of printing PRs and ads--was deceptive. Red flag. I just can't count on these guys to level with me.
I'll be checking in as a PLNI alum, and if the price collapses (say with another share explosion, which I think may have already happened) I may buy back in for a bounce.
quote:The True question has NOT been answered here: How did jeffrey mitchell, the worm, scionist, stockhunter and you get insider information about the share structure when it was not published ANYWHERE, not even with the SEC????
I respond to this only to set the record straight.
The likelihood of dilution could have been observed by anyone.
But the origins of the 3.7 billion figure are unknown to me. I don't know where it came from, I never claimed it was accurate before it appeared on pinksheets, and I'm not even sure I even referenced it before then, though I may have.
The record:
For months before the dilution was admitted at pinksheets, I and other posters, including Stock, posted on this very board our own informed opinions about stock dilution. These opinions were based on two columns: One, Plasticon's past performance; Two, the behavior of the market.
As for one, Plasticon had already misled investors about dilution. It had referred to a share buyback on several occasions, but ultimately reported a higher o/s and float around Dec. 7 to pinksheets (remember, that was an increase from 500 million to a 690 million float, and an increase of--think I have this right--from 2 billion o/s to 2.3 billion o/s. Correct me if I'm wrong).
So there was that.
Secondly, there was a very large increase in volume and a long and massive marketing of shares by VFIN. Remember that? For quite a long time, VFIN would arrive on the ask soon after opening, sell shares there all day, then back off before the close.
Another data point: One "Rookieinvestor" on Ihub noted the volume for January was 2.1 billion. PLNI's float was still listed at 690 million. I posted over there that I simply didn't believe the entire float had been churned three times in one month (especially, btw, since the pps had already started declining)
So these were inferences that anyone could have made. They could have been wrong, but they were based on a logical chain of reasoning expressed regularly at the time (often followed by angry charges about "bashers"). If you go back and read the thead, that is what you will find.
The 3.7? I have no idea. The first time I remember seeing it was on the worm's blog, though I don't recall if he was the first to start pushing it. I didn't make any claims on this site, or any other, that I knew how high the dilution was, and I certainly didn't say beforehand that the outstanding was 3.7 billion.
Why didn't I? Because I didn't know. Anyone who believes I said that should provide a link.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
Uh, yeah stockjockey, I told people when I sold out, then I got ridiculed by Bear for selling out, and now...what? I don't even understand the point.
Is it that I had insider knowledge because, although the price rose after I sold, it later dropped?
Under that scenario, I can be endlessly bashed from two directions into infinity. When it goes higher, I'll be derided as an idiot for selling too low. When it goes lower, I'll be attacked as some sort of insider.
That's a good post, btw--it's not a bad expression of my consistent position.
In any case, I have now explained why, for a long period and expressed at the time, I and others felt the stock was being diluted. If you are under the impression that I knew the o/s was at 3.7 billion, provide a link that supports that view.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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What would happen if everyone filed complaint forms to the SEC for INSIDER INFORMATION TRADING VIOLATIONS!!! Starting with you and then others on the various blogs that had this insider info..
I think the SEC would find it awful interesting that you admittedly sold in the high of trading of a nearly 90 day trading pattern.
I guess You could defend your coincidental sell theory with the SEC! BAwahahahahahaha
Thanks stockhunter for the link.
Posts: 132 | From: NC | Registered: Jun 2005
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posted
This thread is a joke---when will this bickering ever end. This isn't raging bull--Why don't you all grow up--some of us are actually here to make money..Sorry just gettin tired of reading all of this fighting in this PLNI thread.
Posts: 424 | Registered: Apr 2005
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I came here because I got sick and tired of seeing you attack invdividuals who were long PLNI and were trying to point out the facts about the company, whether positive or negative. In fact, by your own admittance, you are involved in selling the PLNI stock very often, therefore putting more downward pressure on the stock than any posted message that only gets read by a few people.
Frankly I don't even remember reading the posted message that you say brought me here.
Regarding baiting you away from the pertinent issues, I believe everyone that reads these boards can see that you are again making completely false statements - the fact is that I have been asking you to discuss the company and its business in a debate with me and you completely refuse...why is this?
There is no organized effort against PLNI...it is simply people that believe in the truth pointing out all the false and misleading statements that PLNI and its management have been making during the past.
StockHunter has been copied on the_worm06 blog a few times because he has made some outstanding posted messages that allow a reader to understand much about what this company is doing. The fact is that YOU are quoted on the blog more than StockHunter, except that you are quoted for the opposite reasons - for people to see how much greed is around...
There was no "call to arms" organized attack...if a company issues 1.4 billion shares in a 1 1/2 month period when at the same time it was stating that it was in a share buyback mode, it is important that people post about what will eventually be called a fraud by the authorities (if you don't believe this, read some of the SEC and US Attorney's office press releases on actual cases where corporate officers have been charge with fraud and stock manipulation for doing exactly the same thing as PLNI did).
Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
Regarding you comments on StockHunters statements of a potential shut down of PLNI by the SEC, this rarely happens, but If ever I saw a company that deserves to have its trading halted by the SEC, this would be the one....
Regarding the letters that were sent to the SEC and were published on message board recently? - give me a break, don't be so naive - do yo really think that the SEC doesn't know about what Turek has been doing here? - senior SEC officials have been getting updates on PLNI for at least 10 months now...the fact that complaints are coming from diffent stockholders of PLNI only reinforces the need to do something about PLNI.
quote:Originally posted by Bearclaw: Success... Here is the post that got the Worm here...I was honored the Great and Powerful One made his first post on Allstocks to bait me away from the pertinant issues...then he got caught in a corner as you will see...
Notice the reference to shutting PLNI down...It starts on page #97 of this thread...You'll also notice as you read all the posts that the Worm came here right after Stockhunter posted...
It also gets obvious who Stockhunter is and the role he has played in the past several months...A talented Level 4 basher...connected directly to the Worm and his organized efforts against PLNI...Stockhunter is all over the Worms website...
Remember Stockhunter calling for everyone to report PLNI to the SEC? T^hat was timed exactly when the Worm was doing the same...huge sales pitch...Well Fridays retrace and buying interest after it fell like a rock brought out the same folks who e-mailed, faxed and called the SEC in an organized effort to effect the PPS of PLNI...It looks like it's possible that attack may have originated the Worms website...A call to arms so to speak by the Great and Powerful Wizard of Pennyland...Folks are putting that time frame together now...
I'm trying to figure what they are up to now...I think, since the share numbers let the cat out of the bag...there may be a fear that PLNI will adress that issue soon and the PPS may not tank...maybe this will bring another barrage of complaints promoted by the Worm on his site and Stockhunter here...I'm not sure...just speculating based on the Worms appearance and yesterdays posts...
Read from page "97 and it may help you see what may occur...I know the last attack was brutal...organized...coordinated and reaks of collision...You'll also see they had prior knowledge of the share numbers possibly as far back as Christmas time...Read the posts carefully...Wonder where they got all this information??? Heck, it only became public last week...Imagine what you could do if you knew the new share numbers weeks ahead of time?
I have a lot of family around today and then the Super Bowl... so... will try to check in this afternoon if I find time...We'll see what develops next week so careful trading buddy...
quote:Originally posted by StockHunter: The stocks that do have NSS problems become targets because they are sick or fraudulent companies for the most part. I pointed out some time ago that PLNI not being on the Reg Sho list should refocus people's attention on the company as the source of the dilution. The cycle of faith, hope and trust will begin again starting now. As new people buy in or oldtimers add to positions the fancifully optimistic theories will reemerge. NSS is one of the tried and true staples of the dilutional. The lack of PRs will probably be spun with optimistic assumptions as well.
The best we can do is forward a logical analysis and interpretation of facts, events, and history. Otherwise the company gets a free ride to repeat the cycle of dishonest behaviour.
A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks.
I find your comments on this message board to be fair and reasonable, especially the one below.
You might want to add that the 3.7 billion figure was conveyed to senior enforcement officers of the SEC immediately for their further review in terms of stock fraud because of the press releases stating that the company was on a buyback program.
excellent work again.
quote:Originally posted by will: The linkage is, that TA's sometime do give information out inadvertantly. I don't think an error in judgement by a TA or an employee of a TA could be or would be construed as "isider information", on the part of the person asking the question and hearing the answer. If there is/was any wrong doing I would think it lies with the TA releasing that information.
I believe that you have pretty much summed it up. You might, however, want to add a few thoughts on what has been going on at TBLU, a company controlled by the Turek family, with a number of related party transactions and false and misleading statements in their SEC filings.
again, very fair and reasonable comments...HOWEVER, one must be reminded of the single most overwhelming story of this company: . . . . . . . . . . . . . . . . . . . . . . 3.7 BILLION COMMON SHARES OUTSTANDING
quote:Originally posted by state780: As noted before, Stockhunter noted posts around the boards by traders who felt they were scammed. The posters said they were going to report to various authorites why they felt they were scammed. I have noted the same thing. Anyone who can read can do so.
The note that Stock added about an SEC halt is a prudent warning for any trader.
It is not a mystery, unless you want it to be.
Traders who read discussion boards benefit from accurate information and informed, rational inference. I for one will continue to post about PLNI's dismal record, as well as the fact that many posters are expressing disappointment with that record, in some cases directly to regulatory authorities.
This is the part of the conversation where Bear proclaims, "How do you know that?" And the answer is, "because they are saying so, on the discussion boards."
Why would this be so?
Aside from occasionally printing PRs when they said they would, it strikes me that Plasticon still hasn't delivered on most of the promises it has made since last May.
Plasticon has made some statements that appear to be true. Those include the claim that it would start manufacturing at the Promold plant by Nov. 10, and a previous statement, made last October, about delivering a Toyo machine to Promold to boost production capacity.
However.
It has not acquired Semco.
It has not acquired Promold.
It has not launched a share buyback, not in any meaningful way, unless one is satisfied by an alleged, undocumented 200-million share buyback that allegedly took place during a massive explosion in the float and outstanding shares.
It has demonstrably deceived investors about the buyback, referencing the 200-million reduction in official PRs at the same time it was diluting the stock.
It has expanded the authorized share count to 5 billion, an action that is still unexplained and not even acknowledged in a single one of the PRs published since that action in October.
Nor have any of the PRs acknowledged the higher float and outstanding dilution that was recorded at pinksheets on Dec. 7. Thus it is unsurprising that PLNI has yet to explain last week's dilution bomb.
It has printed deceptive PRs, making statements in headlines about "completed" acquisitions that have not, in fact, been completed. One has to read very carefully to learn the Promold and Semco acquisitions are awaiting SEC approval. For unexplained reasons.
It has misled the public by referring to "media coverage" rather than making it perfectly clear that it has bought a number of advertisements.
Have I got any of that wrong? If so, let me know and I'll correct the record.
But I submit that these actions deserve the highest level of scrutiny and analysis. It would be remarkable if this kind of track record did not result in complaints to regulatory authorities.
One has to wonder whether his trading records will be subpoenaed once the hammer comes down on PLNI.
quote:Originally posted by Bearclaw: StockJockey... I wish I knew that the share count was increased...I wish I had that information in December...The folks you mention had those numbers...
I would have sold then and got back in Friday...wowowowow...I would have made some great bank...
posted
I have a question. Has anyone ever called a TA to get the O/S of any company? Is that part of some peoples DD? Has anyone ever been told the O/S and/or the Float of a company they inquired about? I wouldn't think the TA giving the information or the person receiving it would constitute "insider information". The concern I would have if I called and inquired, and got a response like, we don't give that information at the request of the company, then that would be a big RED FLAG. I think the accusations of "insider information" here is overstated, and completely false and unfounded. No one has proven a case against anyone of being privilaged to information that did not come from generally accepted channels.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.
A gagged TA is one of the first red flags of potential trouble in the future with a company.
What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.
I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com.
quote:Originally posted by will: I have a question. Has anyone ever called a TA to get the O/S of any company? Is that part of some peoples DD? Has anyone ever been told the O/S and/or the Float of a company they inquired about? I wouldn't think the TA giving the information or the person receiving it would constitute "insider information". The concern I would have if I called and inquired, and got a response like, we don't give that information at the request of the company, then that would be a big RED FLAG. I think the accusations of "insider information" here is overstated, and completely false and unfounded. No one has proven a case against anyone of being privilaged to information that did not come from generally accepted channels.
posted
Your Wrong Will... I called the Transfer Agent Many times in the last 6 months after Plasticon updated the last share count and the share structure was BLOCKED from release to anyone for whatever reason. This is not always the case with some companies. So to get this information on Plasticon was the same thing as buying proprietary trade secrets on the black market!
Once again what the worm has to say is gospel and he is great in his own mind. Tooo Funny.
I'll give you one thing.. The information you and your buddies ILLEGALLY obtained from whatever source you got it from on the share structure was accurate. And you all knew to the day and hour it would be released. Makes it real easy to trade on the highes shorting and dumping shares when you have insider info isn't it wormy? The PR campaign by Plasticon was all your guys needed to execute your plan.
The rest of your DD crap is just conjecture and innuendo presented in a manner that touts its self as fact.
You all know your in Huge Hot water with this blatent leak by a plant in the Transfer Agents office or where ever it came from. Heads will roll wormy, but not the ones you think.
Posts: 132 | From: NC | Registered: Jun 2005
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Did you contact the SEC official? Please provide that officials name, the date the SEC was informed and phone number to folks on this blog...
Posted by the Worm: Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
Worm... Please post the name of the Transfer Agent who informed you of the share count in December, the exact date you were informed and his phone numbe...that information was posted on your website during Chrismas...
Posted by the Worm: "most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.
A gagged TA is one of the first red flags of potential trouble in the future with a company.
What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.
I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com."
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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I believe that you will be informed of the names and contact numbers of the senior SEC Enforcement officials once you are subpoenaed for your trading records and your phone logs and email communications with rrm and jmhollen...so please answer the door when the Sheriff delivers the subpoena...
please post the names on this message board when you receive them....
thanks
quote:Originally posted by Bearclaw: Worm...
Did you contact the SEC official? Please provide that officials name, the date the SEC was informed and phone number to folks on this blog...
Posted by the Worm: Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
But I can't help you here because I never talked to the Transfer Agent in December, in January, in 2006, in 2005, in 2004, or at any point in time,,,,ever..
quote:Originally posted by Bearclaw: Worm... Please post the name of the Transfer Agent who informed you of the share count in December, the exact date you were informed and his phone numbe...that information was posted on your website during Chrismas...
Posted by the Worm: "most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.
A gagged TA is one of the first red flags of potential trouble in the future with a company.
What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.
I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com."
Do you think that the subpoenas might reveal detailed information that you have received regarding the exact timing of upcoming coordinated PLNI pump and dumps?
and
Do you think that these communications can be reviewed together with your trading records to see if you traded with advanced knowledge of the begining of the pumps by the Green Baron and other promoters of PLNI?
quote:Originally posted by theW: Bearclaw
I believe that you will be informed of the names and contact numbers of the senior SEC Enforcement officials once you are subpoenaed for your trading records and your phone logs and email communications with rrm and jmhollen...so please answer the door when the Sheriff delivers the subpoena...
please post the names on this message board when you receive them....
thanks
quote:Originally posted by Bearclaw: Worm...
Did you contact the SEC official? Please provide that officials name, the date the SEC was informed and phone number to folks on this blog...
Posted by the Worm: Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
posted
Admit it worm! You and your group had insider info and you used it to short and sell your position in the stock for PROFIT!
AND Stop posting that BS on your blog about what someone might have done if they had known like you. They didn't know and Didn't sell as stated in their posts like you and your gang did when you had the info! Talk about DISHONEST!!!!!!!!!!!!! Your trying to deflect your culpability in this scandle!
How about posting some REAL facts and FULL disclosure....
What Hedge fund do you work for? Who do you work for? What is your current positive holdings in this stock? How much are you being compensated to bash this start up company? Give it up wormy.... Full disclosure by you and your buddies will come out eventually.
Posted by the Worm: Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
Posts: 132 | From: NC | Registered: Jun 2005
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posted
Worm... Who did talk to the Transfer Agent? That's how you claim to have accidently stumbled over the information...
This is like the teenage boy who gets his girlfriend prenant and claims he tripped and accidently had sex with her...
Please provide the information on that person, the Transfer Agent, when he was told and the TA's phone number...
quote:Originally posted by theW: Sorry Bearclaw,
But I can't help you here because I never talked to the Transfer Agent in December, in January, in 2006, in 2005, in 2004, or at any point in time,,,,ever..
quote:Originally posted by Bearclaw: Worm... Please post the name of the Transfer Agent who informed you of the share count in December, the exact date you were informed and his phone numbe...that information was posted on your website during Chrismas...
Posted by the Worm: "most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.
A gagged TA is one of the first red flags of potential trouble in the future with a company.
What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.
I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com."
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
Worm... Oh, who is the moderator on the Worm site? I'd like to contact him...Please provide that information...
Oh, by the way Bearclaw,
Do you think that the subpoenas might reveal detailed information that you have received regarding the exact timing of upcoming coordinated PLNI pump and dumps?
and
Do you think that these communications can be reviewed together with your trading records to see if you traded with advanced knowledge of the begining of the pumps by the Green Baron and other promoters of PLNI?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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PLNI issued 1.4 billion common shares in a period of 1 1/2 months, while at the same time it was fraudulently misleading investors into thinking that it was on a share buyback program.
More importantly, the float was increased from 590 million to 2.3 billion in the same period of time - a massive increase by any standards that would have dropped the stock price further had it not been for the coordinated paid pump and hype of the company during this period.
A few more facts:
Nobody traded PLNI when they found out about the 3.7 billion share count. On the contrary, SEC officials were IMMEDIATELY informed of the information.
More facts:
I don't speak for other people, but I don't own or trade PLNI, I don't work for a hedge fun that does, and I am not compensated for posting the truth about PLNI.
and by the way, this is not a start-up company. According to Turek, this company has been around for 17 years, or was it 10 years....or was it?...you get the meaning...
quote:Originally posted by Stock Jockey: Admit it worm! You and your group had insider info and you used it to short and sell your position in the stock for PROFIT!
AND Stop posting that BS on your blog about what someone might have done if they had known like you. They didn't know and Didn't sell as stated in their posts like you and your gang did when you had the info! Talk about DISHONEST!!!!!!!!!!!!! Your trying to deflect your culpability in this scandle!
How about posting some REAL facts and FULL disclosure....
What Hedge fund do you work for? Who do you work for? What is your current positive holdings in this stock? How much are you being compensated to bash this start up company? Give it up wormy.... Full disclosure by you and your buddies will come out eventually.
Posted by the Worm: Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
posted
Worm... Your treading water now...arms getting tired? I'm tiring of you...Your much more more boring than I thought you might be...Old information plowed through over and over to deflect the real issue here...Your Behavior and your activities...in collusion with others...
Oh the disappointment...
Gonna be a fun week...I can tell...
Football time...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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the_worm06 is the only person that publishes on the_worm06 blog.
He publishes what he wants any time he wants.
Would you like to contact the_worm06 in private or would you like to do it in public....
if in public you can simply click the "comments" link in any of the published posts in the_worm06 blog - especially if you want to challenge any of the_worm06's comments on you in that blog...
If in private, then you can PM me on this message board.
quote:Originally posted by Bearclaw: Worm... Oh, who is the moderator on the Worm site? I'd like to contact him...Please provide that information...
Oh, by the way Bearclaw,
Do you think that the subpoenas might reveal detailed information that you have received regarding the exact timing of upcoming coordinated PLNI pump and dumps?
and
Do you think that these communications can be reviewed together with your trading records to see if you traded with advanced knowledge of the begining of the pumps by the Green Baron and other promoters of PLNI?
Stock fraud and stock manipulation by PLNI and its management being committed by issuing 1.4 billion shares in the period of 1 1/2 months,while at the same time issuing press releases and making public comments that the company was in a share buyback program...
THAT IS THE REAL ISSUE HERE....
quote:Originally posted by Bearclaw: Worm... Your treading water now...arms getting tired? I'm tiring of you...Your much more more boring than I thought you might be...Old information plowed through over and over to deflect the real issue here...Your Behavior and your activities...in collusion with others...
posted
Worm... So your...your own moderator...no one to set boundaries for you...well hell that expains as lot...
No I don't think it's a good idea to talk with you right now...I'm afraid you'll try to recruit me since I caught you with you pants down...and now Stock Jockey...You know...Like the geeks who put a virus into a company computer and then the company recruits them to get them to stop...I have a job thanks...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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