posted
It's only 5% right now. It'll sink to red before the bell.
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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posted
I think you are wright clbgroove this stock is going to need a string of pr's that have meat to them now if semco was to follow on the heals of this and the audit a little latter. We would really have something. Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
This PR is more of the same, but hopefully we'll get more buys out of it. We now have until Nov 9th before anyone can be dissappointed again.
This game of putting dates out into the future is getting old. They miss them so often it only hurts their credibility. I understand they need to get people buying the stock, but how many times can you go to the well without bringing up some water?
How about real some sales numbers, not just capacity numbers. My safe can hold $100 million in gold coins. How much will you pay for my safe?
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
We will get some buys off of this pr but it sure is a shame this co took the path of the cheap pump right from the start. If they would have done things a little more transparent they would be at a higher pps right now
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
this will drop again like always, i know how this stock works now. It may still be in the green but not as high as it is now.
Posts: 326 | From: Orlando, FL | Registered: May 2005
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posted
One way this company can gain the confidence of investors and shareholders is to announce an annual meeting. As of september there were 3800 shareholders and growing. I think you can get enough of them together to make it worthwhile.
At annual meetings, people ask key questions face-to-face with the company execs. Its harder to toss spin -- there's no place to hide.
Real companies with legitimate prospects and nothing to hide hold annual meetings. The stock would probably rise on the announcement and into the meeting, IMO. Mr. Turek, how about scheduling one soon? It would speak volumes to Plasticon's legitimacy.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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You can drive a truck through that. Glad WDCO pulled back and the rest of the crowd seems willing let this breathe. If we can get some .012 prints the big percent change will generate some alerts and bring in more volume.
I've felt all along that WDCO was too stingy with the price movement for thier own good. Sometimes you generate more buying interest in the pinks just by getting a run started [or letting one get started]. Its been too long since the last feeding frenzy. I'm ready.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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quote:Originally posted by maumee river rat: Does anyone know when there Fiscal Year ends for the Tax Man????
Might not want to show too much profit before tax time...Take advantage of the write offs,Ya know??
Just a thought..
Its Dec like the norm. They are not concerned about taxes due to the fact that they have huge carry forward losses from last year and the year before (according to Turek back when he was allowed to speak)
It will be a nice first 2 years profit wise because of the losses, and on top of that they will have a ton of depreciation and 179 expenses from the mergers and buy outs so they shold be more than ok once they get rolling. On another topic Blue Linx stock BXC is up real nice from its $9 low a few months ago and they just raised the target to $16!! Maybe they figure PLNI's $15-20 million is going to make a big impact on thier $6 BILLION in revenues!! LMAO
posted
Come on Turek tell us about Semco you said your attorneys were ready to ink the hard copies
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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quote:Originally posted by bond006: Looks good thank you Mr. Turek I hope this is a boost to the pps could not ask for a much better pr glta
quote:Originally posted by bond006: Come on Turek tell us about Semco you said your attorneys were ready to ink the hard copies
It went from .."Thank you Mr. Turek" ...to...Just plain ole' "Turek" in less than a day...LOL
Waiting for You to regress all the way to HEY A$$HOLE!!! by EOD Bond!! hahaha LOL!!!
Posts: 3209 | From: poohville ohio | Registered: Apr 2005
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posted
Maumee I would need a little more time than that to regress that far but it is very possible. Does anyone know why etrade has not posted the plni pr there have been other posters on different boards that said there broker did not either. Just a thought but not a real big deal
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
My Ameritrade did not post...It may be important ...many investors get their news from their broker...Wonder why it did not get posted?
quote:Originally posted by bond006: Maumee I would need a little more time than that to regress that far but it is very possible. Does anyone know why etrade has not posted the plni pr there have been other posters on different boards that said there broker did not either. Just a thought but not a real big deal
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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posted
Building some support. 5 at or above .01 now on the bid.
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience. Posts: 713 | From: MD | Registered: Jan 2005
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quote:Originally posted by Bearclaw: My Ameritrade did not post...It may be important ...many investors get their news from their broker...Wonder why it did not get posted?
Bear,
This PR was on Market Wire.
Ameritrade picks up PR Newswire, Business Wire, and Dow Jones Newswire. Most of their recent fluff has been on Prime Zone. Not sure why they pick one minor news vendor over another [price, breadth of distribution, etc...?]
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
Stock... Thanks buddy...that explains it...This has happened since Apple came on board...I use to get all of them.
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
Here's why they use Market Wire and Prime Zone for PRs.
Market Wire -- $375 Prime Zone --- $395 Business Wire - $595 PR Newswire -- $635
Price of wire service should be proportional to fluff factor. When we get the audit news you can bet it'll be on DJ, Business Wire or PR Newswire(Comtex).
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
I called etrade and they don't pick up market wire they did not have an explanation they said they just don't
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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posted
Oh my God!! I haven't seen 'Green' in my account in over 5 years! It has to be an illusion. Only 110 more days like today and I will break even! Ya, right!
Posts: 225 | Registered: Jun 2005
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posted
I got the news today guys i check knobias every morning. My concern is maybe thousands of people that would have bought did not see the news
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
LEXINGTON, KY--(MARKET WIRE)--Oct 19, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that Jim Turek, President and CEO of Plasticon International, Inc. will be a guest on the popular financial talk radio program "American Scene Radio" with host Steve Crowley. The interview will air today at 9:45 AM, and will be the first in a series of interviews with Mr. Crowley.
"This program will be an outstanding venue for us to tell our story," Mr. Turek said, "Steve Crowley is one of the most respected names in the business and I look forward to being interviewed by him. We believe that American Scene Radio listeners will be impressed by our unique position as the dominant force in the growing recycled plastics industry. There are many recent exciting developments with Plasticon, and I look forward to discussing them with Mr. Crowley and the American Scene Radio audience."
American Scene Radio, which has aired nationally since 1990, is broadcast to over 2.5 million investors every day. American Scene Radio listeners are active investors with a particular interest in microcap stocks. Steve Crowley, the host of American Scene Radio, has been broadcasting for over 27 years, and in his illustrious career has been the Money Editor of ABCs "GOOD MORNING AMERICA," the Producer and Host of the Personal Finance Videos distributed by U.S. News & World Report and is the author of the book "Money For Life," which was published by Simon and Schuster. He also produced the home video series "GET RICH AMERICA" under various titles for The Home Shopping Network. For more information about "American Scene Radio" or to listen to the live program, please go to www.americansceneradio.com.
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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posted
Another Pay-to-Play station on the Plasticon road show. Should expose some new investors to the company, though. Maybe WDCO can sell 10 million shares today instead of 5. I just hope they let it run to .12 or more before they put the cap on.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
Now they will let millions of people see how they are full of unkept promises. Or maybe this means they're going to get eveyones attention and put out the audit pr on Monday.
WIth the way they have been letting their current investors down left and right, they shouldnt be trying to find new blood to let down. They need to work on their stock first, then attract new buyers.
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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posted
What they need to do, is get the audit information out. THEN put out all the PR's that they have the last few weeks, and the market would take much better to them. Everybody is just waiting for the audit, these little PR's won't do much.
-------------------- You can't argue with idiots, they drag you down to their level and beat you with experience. Posts: 713 | From: MD | Registered: Jan 2005
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posted
Right you guys are and that comes from Matt the person who is fielding there telephone calls the number one question is auudit or figures they can't skirt that issue now.
Posts: 6008 | From: phoenix az | Registered: Mar 2005
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posted
I think these road shows may essential to the audit/OTCBB listing process. I don't think you'll see the news we've all been waiting for until the WDCO sell program is complete. The road shows help them complete that program. Then, once all the dirty laundry is out of the way, the audit news/OTCBB listing will come.
All IMHO, as always do your own DD and make your own conclusions.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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Jim Turek, CEO of Plasticon Intl. says his company’s recycled plastic products are stronger than comparable steel products Environmently-Friendly Company Transforms an Industry Jim Turek is a man on a mission. He wants to prove to the world that his company’s recycled plastic products are not only more cost-effective than comparable steel products, they are stronger as well.
In the last 15 years, Mr. Turek has been a passionate advocate for the use of recycled plastics products in the construction and transportation industries by demonstrating the advantages his company’s patented line of plastic rebar supports and transportation signage have over metal products.
“I understand that people are skeptical,” Mr. Turek said. ”Some people can’t wrap their mind around the concept that recycled plastic can be stronger than steel. But we have demonstrated time and time again, from the laboratory to the actual job site, that our recycled plastic products are stronger and more versatile than comparable steel products. I always say to people that if I were a superhero, I’d rather be the Man of Recycled Plastic than the Man of Steel because recycled plastic is stronger.”
JUST ONE WORD: PLASTICS
Since founding Plasticon International, Inc. Mr. Turek has changed an industry. When Mr. Turek started the company and began to tout the benefits of recycled plastic products, the construction and transportation industries initially did not accept recycled plastic products. However, today they are now becoming widely accepted and are used in many high profile projects across the country.
“Sometimes I feel like a character in ‘The Graduate’. You know the guy who says to Dustin Hoffman – ‘I just want to say one word to you. Just one word: plastics!’ Of course, I felt that he should have been the main character, not Dustin Hoffman,” Mr. Turek said with a laugh. “Some people call me an evangelist for recycled plastics. I guess my main strength has been persistence.”
Due to a number of industry trends, including increased government regulation which favors environmentally-friendly products, the skyrocketing price of steel, and imminent Federal and State spending relating to the recently passed $286 billion transportation bill, Plasticon International Inc. is experiencing a dramatic increase in demand for its products. Plasticon recently announced that the company is profitable as of the second quarter of 2005.
Today, the company’s products are used in all 50 states and territories, every province of Canada, throughout the Caribbean and Latin American, in Europe, the Middle East and in Asia. In the U.S., Plasticon’s products are used everywhere from mission critical sensitive government facilities such as the Los Alamos Laboratory, Wright Patterson Air Force base and Pearl Harbor to North America’s premiere corporate and entertainment facilities such as the Tampa Convention Center, IBM Headquarters in Toronto, Ford Motor Company Headquarters in Toronto, Disney Orlando, Universal Studios, and the Rock and Roll Hall of Fame.
Plasticon’s products are also currently used in over 200 bridges across the country as well as major roads, highways and other infrastructure nationwide.
Their transportation signage is used on highways in 37 states.
BUILDING A FOUNDATION
Mr. Turek said that he realized early on that there were four key factors that were critical to the long term success of Plasticon International. “First of all, I realized that the construction industry was dependent on steel, which was more expensive and less abundant. So having an incredibly abundant source of raw materials with recycled plastic resins was very important. We realized that there would be a virtually endless supply of reasonably priced resins because of the amount of plastic in landfills in the U.S. Secondly, I thought that it was important to develop our own line of proprietary products so that we would create long term value with the company. Third, our products had to be cost-competitive.
And fourth, in order to be successful I felt that we had to solve a major problem that was not being addressed in the construction industry - spalling and the corrosion of concrete.
Mr. Turek noted that most people don’t realize that rebar supports are used to hold steel reinforcing bars in bridges, buildings, highways, and infrastructure across the country. “Our products are everywhere,” Mr. Turek said. “It’s just that they are invisible to the naked eye. But that’s the way it should be. You should never see our products. The problem with metal rebar supports is that we often see them because they are exposed due to the fact that they cause spalling which leads to corrosion damage and deterioration. The reason for this is that metal supports cannot withstand moisture, chemicals used to treat snow and ice, and chloride ion attack. Chloride ion attack is a process where salt laden water seeps into the concrete and creates an environment where electrical currents flow between positively and negatively charged metal and ultimately consume the metal rebar support.”
Spalling, which leads to corrosion damage, costs the U.S. billions of dollars per year. “The next time you are walking under a bridge, if you look up you will probably see chunks of concrete that have broken off and you will see rusted reinforcing bar exposed,” Mr. Turek said. “We call this corrosion damage in our industry. And that was the problem I knew I had to solve. What if some one could engineer a rebar support that would not be affected by corrosion damage? Our recycled plastic rebar supports are impervious to all of the factors that affect metal rebar supports and in fact will not deteriorate. They are impervious to moisture, do not conduct electricity and will not corrode. We are proud of the fact that we designed and engineered the most advanced rebar support in the marketplace, which solves the issue of spalling and corrosion in concrete as it relates to metal rebar supports, therefore prolonging the use of the structure. We’re also proud of the fact that we were able to accomplish this in an environmentally-friendly manner.”
Turning Point: Exclusive Contract with the Largest Distributor of Building Materials in the U.S.
In the last year, the most significant development at Plasticon International has been the exclusive contract they signed with the largest distributor of building materials in the United States. The company distributes products through 63 strategically located warehouses across the country. As a result of this expansive distribution network, Plasticon’s reach has extended nationwide. “Our close working relationship with our distributor is a key factor to the success of Plasticon International as we move forward. In fact, it makes us the single largest supplier of rebar supports in the country. No one in our industry can come close to our distribution network. We now have the largest distribution network in the industry, giving us an undeniable competitive advantage,” Mr. Turek said.
EARLY STRUGGLES -- LOOKING BACK
But Mr. Turek was not an overnight success. It has taken 15 years to build a base for Plasticon. Since its founding the company has pioneered innovative new products, applied for and received patents that are valued at over $20 million, built an inventory of injection molds that the company owns outright that are presently valued at over $10 million, built relationships with distributors, and applied for Federal and State Department of Transportation (DOT) approvals. Plasticon is currently the only company in its industry with DOT approvals in all 50 states. “It was an arduous process, there’s no question about it,” Mr. Turek said. “But it was worth it. We knew that we had a vision that was worth pursuing. When you are the first to market, you have to be willing to sweat out the early years and make the necessary sacrifices. We were trying to change an industry and this was a Herculean effort.”
While Plasticon enjoys the dominant position as the pioneer in the recycled plastics sector today, Mr. Turek recalled that when the company was founded it was not so easy to convince others to buy into his vision.
When Mr. Turek founded Plasticon International (then called International Plastics, Inc.) the construction industry initially resisted using recycled plastic products. “We certainly had a lot of resistance at first,” Mr. Turek recalled. “When we started, plastic rebar supports were not even in the CRSI (Concrete Reinforcing Steel Institute) manual, which is the bible of the industry. They did not include plastic rebar supports and no engineer or architect would specify plastic rebar supports because they were not in the manual. It took two years of our efforts to get CRSI to include it, which then opened the construction industry up to the use of recycled plastic products.”
There were financial hardships initially as well. “Plasticon was definitely way ahead of its time,” Mr. Turek said. “My wife and I had to take out second and third mortgages to finance the company. At that point, no bank would work with ‘a recycling company’, because they had no lending experience with green companies. We were environmentally-friendly before it became fashionable, as it is today.”
A RARE DISEASE, A RARE DETERMINATION
But Mr. Turek, who grew up in a working class neighborhood in south St. Louis, took all of it in stride because he had overcome obstacles his entire life. “I think my background helps me to keep things in perspective. I grew up in a row house in St. Louis where my parents struggled to make ends meet,” Mr. Turek said. “As a young child, I was diagnosed with a rare debilitating disease called scleroderma, which only 3 people in the country had at that time. I was told by doctors that I would always be physically handicapped and unable to play sports. This was a defining moment in my life.”
Ultimately, Mr. Turek not only overcame this debilitating disease, he went on to play professional football for 2 years, and to live an active, fulfilling life.
“I’ve really lived the American Dream because I’ve been fortunate enough to overcome these obstacles and to pursue my vision as an entrepreneur. When you’ve overcome a potentially crippling disease, I think you gain a renewed appreciation for life and every obstacle you encounter in business or in life seems trivial by comparision.”
Mr. Turek said that he is optimistic about the future of Plasticon International. “We are confident that our products will become the industry standard and will replace steel. I continue to be excited about the market potential for the company’s core products. The market for the rebar support industry is $30 billion per year. The informational signage industry is a $20 billion per year business in the U.S. alone. As we continue to demonstrate the dramatic advantages our engineered recycled plastic products have over metal products, we believe our market share will continue to grow.”
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere.... Posts: 401 | From: Iowa | Registered: May 2005
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