posted
Good luck Buy...If a good PR does come out during trading I've noticed from past runs that you have about 15 minutes to get in if you want back in after the PR...Don't know if that helps...
quote:Originally posted by BuyTex: out: sold my freebies from .0038 & sniffing for next week's hot pick--PMs welcome
glta
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
I just called the PLNI office in KY and spoke to the receptionist, who stated the group was still over in Barcelona and would be back early next week. She also mentioned that she was sure they would do a PR at that time too. Things sounded normal and upbeat.
Posts: 43 | From: Florida | Registered: Sep 2005
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quote:Originally posted by Persia: With all respect but, what does a receptionist know about a PR?
It's a family business, so the receptionist could be Jim's daughter or cousin, or sister or mother. So she could know
-------------------- 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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Well, I asked her if she had any info about Barcelona, that is when she mentioned when they came back early next week they would get a press release out. That is just what she said, who really knows.
The 64,000 dollar questions is, when the PR comes out and PLNI gets the jump, say to .020-.023 do you take profits? Or, you can hang on for safety in case right after the PR from Barcelona comes out, the Big PR comes out about the Nasdaq listing and the "Volley Ball" pops out of the water and you miss the boat. We need more intel??? Maybe I should go by the office and see what I can find out.....hhhmmmmm?
Posts: 43 | From: Florida | Registered: Sep 2005
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posted
downdraft, go while they are away and say there is a problem with mice in the building. you have to inspect each office. make sure to where a suit and look professional. lol.
Posts: 45 | Registered: Jul 2005
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quote:Originally posted by downdraft: I just called the PLNI office in KY and spoke to the receptionist, who stated the group was still over in Barcelona and would be back early next week. She also mentioned that she was sure they would do a PR at that time too. Things sounded normal and upbeat.
whats a PR ????????
-------------------- gotta make a grand AT LEAST daily man Posts: 928 | From: chicago | Registered: Sep 2005
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quote:Originally posted by downdraft: I just called the PLNI office in KY and spoke to the receptionist, who stated the group was still over in Barcelona and would be back early next week. She also mentioned that she was sure they would do a PR at that time too. Things sounded normal and upbeat.
whats a PR ????????
Nobody really knows, but supposedly some kind of device that magically increases the pps. It's been said that the MMs bought out the patent for it so that it could never be duplicated, and then destroyed it. Kind of like the 100mpg carburetors for cars. If you ever find one, let me know, because all my stocks need one right now.
Posts: 136 | From: State of Confusion | Registered: May 2005
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posted
I just got off the phone with a gentleman whom I spoke with for 20 minutes. He has been with the company for 10 years and I asked him a few questions:
1. How is the company doing?
Very good and he has had a good response from the Barcelona.
2. What business do you think you will get out of Barcelona conference?
I don't know, but the market is wide open for us. You will have to ask Mr. Turek on Monday, he will have a better idea.
3. When do you think the audit will be completed?
I don't really know and we are sorry we announced it too early and didn't mean to disappoint people.
4. Do you think it will take 30 days?
(he did mention that was the area he was in but that's all I got)
Oh no, not that long.
5. Is the company profitable?
Oh yea, our costs are low and we are not dependant on Oil prices.
6. Do you have enough raw product to handle a growing market?
Plenty, and it is much cheaper to produce.
I will plan to go by an personally meet with Mr. Turek and report back to this board. I am interested in getting a distributor agreement to sell some of their products. Being an Airline Pilot, it is easy for me to stop by their office (in a suit..ha.). He did mention they manufacture in St Louis, MO and buying a company in Las Vegas and the main outlet was Atlanta, Ga.
It sounds like they are growing the business to broaden their market. I will let you guys know in a week or so.
Posts: 43 | From: Florida | Registered: Sep 2005
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posted
SchwarzBiest: very funny. I laughed out loud on that one. Have done a bit of PR work for entertainment events in the past, so I can appreciate a good PR joke.
johnny14511: A PR is any news item that is released by a company, concerned party, or publicist and is not actually written by, originated by, or researched by a real reporter and editor. Some companies keep PR (public relations) in house, but for bigger events they usually hire a big PR firm. The publicists and marketing geniuses (spawns of Satan) then try to get the word out about the company/event to the public. The PR (public relations) people do this by sending out PR (press releases) to everyone and their mother.
In the normal media world, three things happen when a magazine/newspaper/TV reporter or news editor receives a piece of PR: (1) If they are wise, they throw it in the trash; (2) If they are not too lazy, they try to figure out whether or not there is actually anything newsworthy buried inside the flack-written fluff that is the basis of every PR; (3) If they are a hack, they try to figure out if they will be able to get any free electronics or movie/concert tickets or stock options or sex out of the publicist if they cover the “news” found in the PR; (4) The reporter/editor will research and verify (or contest) the info in the PR and then begin writing a story based upon the PR, bringing in outside research and doing interviews with people and trying to find the truth, unless they're FOX News or very drunk, in which case they'll just report the PR as fact or plagiarize it verbatim.
However, in the world of stocks, PRs are released directly onto newswires and are then avidly devoured by the public without ever being touched by reporters or editors, so anyone following the stock PR wires needs to do their own extensive DD (due diligence) to figure out what is really relevant and what is bull****. With many PR wires, the company that wants to issue a news release just has to pay the wire service a fee, and then, bingo-presto, it’s posted online.
At the same time, the company in question and their publicity team may not actually be behind the PRs you see -- it could be the MMs (market makers) that have hired a PR team to release publicity items to help make the stock go up or down. Typically, stock-related PR found on the legitimate news wires will not be lies, per se, since people could get in trouble for distributing completely false information, but the info will likely be manipulated to the furthest extent the law allows, to help whatever party is releasing or paying for the PR.
But since the general media doesn't pay much attention to all the penny stocks out there, penny traders have to rely on PR to a great degree. And the PR, in turn, affects what the stock media reports on, what the stock bulletin boards talk about, and what the stock gurus recommend. And many of the stock-news services that release info on the wires and distribute info through newsletters and websites and spam are glorified PR firms in their own right – they’re paid (with money and/or stock) to recommend the stock they’re flaunting. Nonetheless, even when PR is mostly BS, it can still affect the PPS (price per share or P/S (market cap divided by revenues, or stock price divided by sales price per share) and is rarely bad new (which is kept strictly on the QT). But you can use PR to your advantage if you’re on top of the news.
Posts: 249 | From: NYC | Registered: Sep 2005
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Your right "Lucas Brachish" in the normal realm, most PR is BS unless it comes from an official sources and then it still might be BS.
I guess when no news is available you may have to resort to jungle warfare. Even a "tip" from a secretary, office worker can be better than an official "prepared" PR. I lived in Africa 2 years as a project manager where nothing official was as good as a word from the power. So I did just that, back door meetings at bars on plastic chairs most every night with ministers, secret police, brothers of a President and influential people. Most Americans have not been trained on this technique. This is most important at many levels just getting the "real" information to move a project.
In the USA, it's normal to rely on normal channels for PR, but sometimes that information is not as good as what I would you can get by going to a business and talking to people. People who aren't trained in the PR World may say something that you would never find on a PR that is much more valid.
Large companies are careful when CEO's travel, who they meet with, where they meet or who will see them. Believe it are not, some corporate spy's are trained on intelligence gathering, and watch for these meetings. Some are trained in Lip reading too.
I will do a little jungle Intel to see what I can dig up and I will put it right here on this forum..!! Posts: 43 | From: Florida | Registered: Sep 2005
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You're right, downdraft ... I was a custodian for a large factory and knew as much as any source because people would talk around me thinking I'm just part of the broom. Our info was as reliable as anyones. Can't wait to hear how it goes. We'll be waiting.
Posts: 31 | From: California | Registered: Sep 2005
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I have a few days available next week and I will try to make it to the PLNI office in KY,if not then for sure by the week after. Take care........
Posts: 43 | From: Florida | Registered: Sep 2005
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downdraft ... Agreed. I'm looking forward to your jungle intel on this and any other stock. And I also appreciate the Q&A you posted above for PLNI. I'm givin' ya 5 stars, mate.
I've been folowing PLNI for months, but I'm not actually in because I've been waiting for some other funds to free up (I've had a very rough couple of months with a half-dozen other penny stocks -- lost tons of $$ after a previously flawless year). What does everyone here see as being the next good PLNI buy-in point?
Posts: 249 | From: NYC | Registered: Sep 2005
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posted
If PLNI were a pimple then I would say that this is the "White-Head Season" where they either pop or lose all steam.
Plainly: there is no safe level during this time frame (October) since they have everyones hopes by using words like "definitely" and "imminent" in regards to finally issuing information regarding the companies current and future status. If they hold true, then tomorrow could be too late. If they string us along until November, you could probably pick up as many cheap shares that you like because they will be littering the pavement with a huge imprint of "HOPELESS" upon them.
IMHO: they don't want to totally kill their company. They will come out with something significant...soon.
-------------------- speak from your heart, invest from experience... Posts: 261 | From: Dallas | Registered: May 2005
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I am not the expert on figuring everything out but I feel really good about PLNI. The reason is the core business is based on a solid foundation with time, over 15 years under it's belt. The company appears to be solid and primed for growth. By reinvesting profits into the company ( share buy backs)shows promise. This company seems to me like Fedex when it first started, a new concept, low on cash but very profitable and they had to build the foundation first, and now look at them huge. The World is the market, our World is slowly running out of trees and natural resources, it's a no brainer for the future. I think PLNI is at it's beginning and will have a few hurdles to over come, it has do "real" business and make money . I feel they will make the NASDAQ BB listing with no problem and the price will jump as advertised, 7 to 10 times around .10 .12 in less than 30 days. I also feel for the long haul there is a good chance it will make a major exchange listing within 2 to 5 years. At this point the stock could trade for $1.50 to $5.00 a share, who knows??? I'm in......!
Warning: Read at your own risk, I am not a broker and make no promises or guarantees. Each person must know this is High Risk and the true outcome is unknown and for the lucky investor. You may lose all of your money, this is your risk.
Posts: 43 | From: Florida | Registered: Sep 2005
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I hope you are right downdraft. I have been in this stock twice since April.Smoe have been in it for over a year.All have been waiting for the pr's to come true. I am getting to the point my self of wearing thin. I have been swing trading it twice and have reduced the number of shares that i hold from three million to five hundred thousand.And i am ready to jump back in at increase at a moments notice. I just hope i get a reason to do so. glta
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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lol, great company...not-so-great stock--lately.
Heck, I pulled mine, as many know. Got other trades coming up...
BUT I am ready to jump back in, at 15-minutes' notice...am convinced it will not only "run" again, but also level off at prices much higher than here...
the only quibble here is cash-flow management... If I didn't need the cash from my freebies, I woulda let it ride another quarter...at some point, it gets down to job-site mentality: Who's working harder and making me money?
In that light, I cut worker A and keep worker B... same thing with stocks...
posted
I am very anxious to visit their office in KY. I just want to know more about the basic structure of the company and see what stage they are really in. If I am impressed, I will try to visit their distribution outlet and hopefully their production plant in St. Louis. Let me see how things go first in KY and then I will decide about the rest. I wish all the best to each and every one, we will see soon..!! Posts: 43 | From: Florida | Registered: Sep 2005
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This is my take on the reason the audits appear to be taking longer than we thought.
To be Sarbanes-Oxley compliant goes just a little further than your typical audit. There were 3 audits compiled, one for each of the companies. Also they were done in a one and three year format. Now I tend to agree that the Plasticon audit should have been finished and published by June however it appears they may be grouping all three comapnies together for the filing to the OTC/BB.
The challange with acquiring 2 companies and doing audits on all three is a monumental task in itself. Let alone looking to go to the Bigger trading board. The most time consuming of which is to have written conformation by ALL Creditors and Clients that what the accounting by these 3 companies states matches what the creditors and clients have on their books as well, going back THREE years. Can you imagine the reports you are asking for from people Like Rayovac or Bunn coffee makers for just Promold. Now you are adding to their accounting departments more work in asking to confirm the work promold did for them. So the wait seems like forever and could take weeks or months. This being said it appears that the initial audits by the in house accountants went well as offers were made for both Promold and Semco. Next offers are accepted contingent upon the three year audits by SEC compliant Auditors. Hence the HUGE paperwork trail as well as any product testing as in Semco's case. Lastly the contracts are signed and the package put together. At that point the combined audits are merged into one and we have an SEC compliant Audit ready for the OTC/BB application. Yipee
I happen to believe that these audits are either finished or in the final stages and the pen is about to ink the contracts on at least Promold if not Semco acquisition as well. IMO, one contract signing will be very soon! Maybe the middle to the latter part of this week and that is HUGE News! IMO There is a lot going to break loose in a farely short period of time. Side note Promolds Web site has been down ever since the offer was Pr'd as a go. Hmmmmmm GL everyone
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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Hey Chopper, good points and you maybe right. It is a huge task and at least the company appears to be doing things right. Any new intel on Semco or Promold???
Posts: 43 | From: Florida | Registered: Sep 2005
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Chopper is right about the timeline. Qulaity takes time. We're getting ready to RUN!
Posts: 31 | From: California | Registered: Sep 2005
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I have a funny feeling that the audit figures will be released and they will look good but nobody will care after all this . You have to know the flow of the sale and this one has been all messed up. I am still here and won't leave because the co is good and the future is bright especially with New Orleans . imho
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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I am leaving for Lexington tonight and will be at the PLNI Office on Oct. 11th, at 0900. I spoke with Mr. Turek today and will meet him when I get there. I mentioned to Mr. Turek that I represent a group of Airline Pilot's and I wanted to ask a few questions. He said he would be happy to speak with me but had boundaries he "wouldn't Cross", I said, of coarse. I just want to get a better feeling for the long term etc. I also want to see some sample products, and get the nuts and bolts answers.
Questions:
1. What is the debt service to Semco going to be? 2. What is the debt service to Pro Mold going to be? 3. What is the actual Gross profit/net profit today for PLNI? 4. What do you expect it will be after you have Semco and Pro Mold in full motion? 5. Where do you see PLNI in Europe today and 2 years from now? 6. What are the plans for the 1, 2 and 3 year marks? 7. Will we make the NASDAQ OTC? 8. Will we make the NASDAQ in 5 years?
I will let you guys know what I find out that is worth talking about. Wish me luck..! Posts: 43 | From: Florida | Registered: Sep 2005
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downdraft, I have 5 stars waiting for ya when ya get back Thanks for checking things out for us.
Posts: 136 | From: State of Confusion | Registered: May 2005
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