posted
Maumee... They're all over the blogs...Must be wanting to shake out the last available shares. Just wish Turek would finalize all the information. It's a lot more fun making money than it is waiting to make the money...Come on JT get er done.
quote:Originally posted by maumee river rat: U4(skin) is back......
Must be gettin ready to run....
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
I agree Bear, too much negativity for too long. I bought some yesterday, to swing.
-------------------- 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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Hey Will... Have a great holiday...need a gift from plni today in the form of a PR...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
I wish ! Curious trading today, the volume isn't as much as it has been. Keep VFIN off the ask and we might have a chance. If nothing else, we might be holding here, and buying time for overdue PR. Jesus! AS I was typing that the prick moved to the ask. LOL!
-------------------- 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
Any thoughts on what this will do today ???
-------------------- 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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-------------------- 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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quote:Originally posted by Doctoall: Any thoughts on what this will do today ???
Barring news or rumor should not do too much volume given the holidays. Any sort of rumor or modestly large order could really move this thing a lot since many traders are standing in line at the return counter, watching bowl games or spending time with family. Not a good time of year to try and move a significant block of stock.
I think many are expecting news by year end, so if nothing comes there could be some added weakness as Friday draws near. OTOH, some support could come from those doubling up expecting YE news to be a given.
IMO any move in either direction w/o volume (or VFIN) should be heavily discounted in importance.
Anyway, a big debt of thanks for reopening the main thread.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
Make sure you know the upside of what's about to happen here......
Plasticon International, Inc. (Pink PLNI): has been in the recycled plastics business for 17 years. The company's line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt. In addition, its transportation signage has received DOT approval or acceptance in all 50 states. Specifically, the company offers for resale: ..1. Rebar supports ..2. Plastic lumber ..3. Plastic signage (i.e.; highway and state signs) ..4. Office products including file folders and binders ..5. Impermeable concrete-like products made from recycled glass. Website:{/b] http://plasticonintl.com/ RTQ's & L-II: http://www.pinksheets.com/quote/quote.jsp?symbol=PLNI
News coming this week, next week, and the following week..........
posted
....and more dilution, and PPS dropping....
-------------------- 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
Watch VFIN. That's the best indicator of stock pps in near term. They showed up near close yesterday. Any news, no matter how bullish they can spin it will be for naught if they keep issuing and selling shares.
The fact they've been able to continue selling shares this month w/o news (albeit at a reduced rate to the previous sell programs) shows an underlying support and new money flowing in here. All they have going is the Green Baron pump and BACs efforts. I thought BAC was supposed to be a 6 month contract, so that may be coming to an end or up for renewal.
Imagine how high we could be with the 31% increase in shareholders (since september) if they weren't selling so many new shares into the market. Instead we're down over 70% since then. Damn frustrating.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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quote:Imagine how high we could be with the 31% increase in shareholders (since september) if they weren't selling so many new shares into the market. Instead we're down over 70% since then. Damn frustrating.
Yes, that's the saddest thing. This stock really could have performed; the potential was there. Now, with another non-PR day, the reality in my case is that a 300% increase would still leave me underwater.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
Now I know why I was glad to see a new thread...It had a positive outlook...although I agreed there was some good DD here...It's just the mood seems to be gloom and doom everyday... Did anyone really expect PR's to come rolling out during holiday trading? We may get one small PR this week...Maybe? It will be 2006 before the bulk of news is announced...IMO
Oh Stock...I think Apples contract has already been renewed...I think I heard that somewhere 2-3 weeks ago...I may be wrong but seem to remember something like that...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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quote:Originally posted by Bearclaw: Now I know why I was glad to see a new thread...It had a positive outlook...although I agreed there was some good DD here...It's just the mood seems to be gloom and doom everyday... Did anyone really expect PR's to come rolling out during holiday trading?
Bear, for goodness sake, why on earth would there be gloom and doom? Come on, Mr. Averaged-at-.0068, not everybody has the luxury of seeing break-even as close to the horizon as you do.
In my last call to Rodney, last week, he said he expected that there would be PRs on the financials, on the share structure and on Semco by the end of this week. What do you want me to do--assume he was lying to me?
The happy-talk thread was an embarassment. Launched again, IIRC, by FOT, who for the second time opened a thread talking about how wonderful the stock was after it had plummetted 50% or so. Another poster said Motley Fool is now talking about PLNI!Well, they were, in November, with the conclusion that you couldn't really tell what was going on because it was a pink sheet, an observation sadly borne out in the following weeks. Not that any poor fool coming to PLNI for the first time would have known that from most of what was on that usesless thread.
Some of this reminds me of joke where a guy gets thrown off a 10-story building and says, around the second floor, "So far, so good!"
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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If you bought in at .015 for $1,500 (100K shares) Then beeched about dilution while watching it tank...
why not sell at .01 for $1,000 (100K shares) Then continue to beech about dilution watching in go to .005
Then buy back in for $500 (100K shares) and bank the rest...
Geezzzzz you'd be even...That's all I did minus the beeching...so I'd appreciate it if you'd not stick the Mr. Averaged at .0068 BS label on me as something negative because I traded the dip well...Deal?
Your the one who watched your investment tank...not me...We all have the same choices...BUY, SELL or HOLD...You chose to hold...I didn't...Oh and you can't blame Turek or BA for your trading decision...You and Stock both were screaming dilution...dilution...dilution but did nothing about it...Who the hells fault is that
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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-------------------- 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
No...100,000 shares Buy at .015....$1,500 Sell at .01....$1,000 ($500 loss) Buy at .005....$ 500 ($500 profit)
No wonder you beech...This is Basic Swing Trading 101...a method of trading on pinks... Go look at the charts for GZFX over the last month and you can see that was a good stock to Swing Trade...Find a trading method that can make you money and save on the cost of Prozak prescriptions...ulcer medications and wives and girlfriends beeching about no money...
quote:Originally posted by will: NEW MATH?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
Bear, get a grip. Are you averaged at .0068 or not? Does that affect one's sunny dispostion? I'm guessing yes. Congrats for trading well, I'm happy for you. Crowing about it when others are in much deeper is bad form.
To the extent that I relied on Turek & Big Apple for some kind of relationship between what they said and what was really going on, yes, I admit it, I badly misjudged them.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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I'm not crowing!!! Your the one who keeps bringing up my average...I posted it once when I made a buy at .0052...I WAS HAPPY!!!!!
Get the drift about your gloom and doom? I expect this stock to go well over .02+ in the upcoming year...You expect the world to fall down around you...My average in has nothing to do with that outlook...
I have been Swing Trading this stock since last spring and said that on the PLNI thread. I also mentioned it would be a method for folks to consider with the movement this company had based on the charts......instead I got blasted by longs telling me it was the Daytraders who were killing the PPS...They didn't even know the difference between Daytrading and Swingtrading...
If folks come to Pennyland without a trading method and don't understand not to invest more than they can afford to loose then they're going to get creamed...This is not the Big Board but folks treat it like it is...You know how many companies get out of Penny's and move to the Big Board...Trust me that percentage is very very small...So if folks hold long here and don't have a trading plan or method trusting CEO's then they will loose...and loose big time...
If I bought in at your PPS I would never post negative posts...I would post DD and my hopes for the future and then shut the hell up...Wonder Why? geeeezzzzeeeee
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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If I bought in at your PPS I would never post negative posts...I would post DD and my hopes for the future and then shut the hell up...Wonder Why? geeeezzzzeeeee[/QUOTE]
Ah, the conspiracy dodge. Guess that was just a matter of time.
Have a nice day.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
yep... always dishonest to the last... so sad that it is so easy for him to tell others to pump a stock they are down on rather than promote the fundamentals of good trading... so sad
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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posted
What would you do w/ this one right now RiescoDiQui? I mean, how or would you play it?
Posts: 2634 | From: The highway | Registered: Feb 2004
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posted
This is you and some others attitude here...
"It's people, places and things that are wrong with me...not me! So if people, places and things would do what I want them to do then I'd be OK"
Quit blaming everyone else for your investment decision...As a fellow PLNI shareholder my advice is...SELL or get on board...The charts show this may be bottom...there's a chance with a strong shake it could hit .003...so...Tuck your tail or get on board for the ride...
Conspiracy dodge hahahahaha the self designated representative to saving all the newbies...hahahahaha...look the Marshan's are landing...Oh no a meteor is going to hit... Conspiracy theory hahahahahah...now that is way the hell out there...wearing tin foil over our head are we? You know those signals from outer space hahahahahah damn boy....
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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quote:Originally posted by Highwaychild: What would you do w/ this one right now RiescoDiQui? I mean, how or would you play it?
I'd sell tomorrow... if you guys get more than a three day move I'd be suprised... but hey anything is possible. I wasn't in here to step on any toes... Been following the paid promoter, yellowsubmarine, aka jmhollen, around trying to clean up the board a little. Don't mind me... just passing through. On a totally different sidenote: I used to work with concrete in a prestress plant and was wondering how this new plastic rebar is bent and or formed... we had to bend our own rebar to fit the frame we were building...
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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posted
It's not re-bar...It's re-bar supports they manufacture...
Plastic re-bar, we are told, is in the process of being tested...They say the testing is 80% done...why would you invest in this stock if you don't even know that basic fact?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
So your only other reason would be to look for an entry? If that's the case refer to the current charts...The low resistance on a possible hard shake is at .003...That may also happen just before significant news if the MM's have a heads up and drive it down for more shares right before the news...If no hard shake the current low resistance is at .0038
Good luck...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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quote:Originally posted by Highwaychild: What would you do w/ this one right now RiescoDiQui? I mean, how or would you play it?
I'd sell tomorrow... if you guys get more than a three day move I'd be suprised... but hey anything is possible. I wasn't in here to step on any toes... Been following the paid promoter, yellowsubmarine, aka jmhollen, around trying to clean up the board a little. Don't mind me... just passing through. On a totally different sidenote: I used to work with concrete in a prestress plant and was wondering how this new plastic rebar is bent and or formed... we had to bend our own rebar to fit the frame we were building...
bearclaw... learn to read... it will be helpfull in life.
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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posted
I only read important posts...manage my time better...not interested in posters who haven't put money down...Like a kid sneaking in the movies without a ticket....then beeching the movie stinks...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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quote:Originally posted by Bearclaw: It's not re-bar...It's re-bar supports they manufacture...
Plastic re-bar, we are told, is in the process of being tested...They say the testing is 80% done...why would you invest in this stock if you don't even know that basic fact?
Basic facts... hmmm You know, you are right I should look into basic facts before investing... Well here goes:
Saturday, December 17, 2005 [PLNI]: A Promoter Attempts to Justify Massive Company Share Issuance
. .
Below you will find a copy of a post on the Silicon Investor message boards by the promoter "rrm_bcnu" ("rrm_bn4u" on the xxxxxxxxxxxxxx message boards) attempting to justify the 70% stock price drop in PLNI (to a low on Friday of $0.0043/share) during the last few months. During this period the company issued 500 million common shares in 3 months, to increase its total outstanding to 2.3 billion shares. In addition, total authorized common shares were also increased substantially, from 2 billion to 5 billion in October 2005, without informing the shareholders, while the company was publicly stating that it was going to begin a "share buyback" program.
Some comments on the rrm_bcnu posted message:
1. In dicussing the "Personal Reorg Chapter 11" of James Turek, the CEO of PLNI, rrm_bcnu fails to mention that Turek's bankruptcy is still undischarged. He also fails to mention that as part of the Reorganizaiton Plan, PLNI will have to issue treasury stock to satisfy $4.7 million in unsecured claims (http://snipurl.com/kvlj). In addition, rrm_bcnu also fails to mention that International Plastics and Wicklund Holding Company, two predecessor companies in the same business as PLNI and managed by Turek, also filed for bankruptcy.
2. rrm_bcnu further goes on to copy and paste a definition of Outstanding Shares from the following website - http://www.investopedia.com/terms/o/out...hares.asp, but says that it is in his opinion ("IMHO") and mixes it with statements that not only show his lack of knowledge of Corporate Finance and Accounting, but are actually false. He then proceeds to use the statement "true share valuation" without defining what it means, making some very naive and blatantly false conclusions such as:
"If you issue shares to buy hardware that allows to increase sales...that isn't dilutive to true valuation"
and
"So if Turek were selling shares would those sales be dilutive to your share value? NO!"
3. Forgetting that PLNI has issued 500 million shares in the last 3 months during the 70% drop in stock price, rrm_bcnu again falsely states that although the stock price has dropped significantly,
"However, the true valuation of your shares would not have changed, but the current share price would have temporarily declined."
4. rrm_bcnu asks as to who is buying all the shares that have been sold into the market by Turek and/or PLNI and/or promoters. He fails to mention the paid promotional firms Apple and The Green Baron Report that have pumped and hyped PLNI to unsuspecting investors.
5. rrm_bcnu then goes on to mention SEMCO, but PLNI has yet to formally announce the closing of the acquisition of SEMCO. He also mentions Pro Mold, which again has yet to be acquired by PLNI, according to the latest false and misleading press release by PLNI: http://snipurl.com/kq5k.
6. Finally, rrm_bcnu states that PLNI would recover in stock price and be worth 10-20x its current stock price of $0.0046 (at the Friday closing). To show how ridiculous this projection is, 20 x $0.0046/share is a stock price of about 10 cents/share and with at least 2.3 Billion shares outstanding, rrm_bcnu says that PLNI is worth over $200 million. It gets even worse - only recently, this same person was projecting a $575 million valuation for PLNI by October 2006: http://snipurl.com/kvl9 Remember that this is coming from the same person that has made the outlandish statements that Otc bulletin board companies have to pay about $1 million per company per audit in order to conform to Sarbanes-Oxley: http://snipurl.com/kvlb
I've read a lot of stuff about Jim Turek and a Personal Reorg Chapter 11 that is diluting the stock...
IMHO all stock currently held by investors, including restricted shares owned by Turek and other insiders, as well as those held by the public, are included in the company's Outstanding Shares. They are also known as "issued shares" or "issued and outstanding."
This number is shown on company's balance sheets under the heading "Capital Stock" and is more important than the Authorized Shares or Float. It is used in the calculation of many widely used metrics including "market capitalization" and "Earnings-per-Share (EPS)". Those metrics directly impact the stock price per share.
So even if Turek is forced to sell some of his personal shares, they are non-dilutive to your true share valuation. Only new shares issued from the Authorized Shares to the Outstanding Shares are dilutive (have a long term negative effect), and only then if they do not improve the company's cash flow. If you issue shares to buy hardware that allows you to increase sales... that isn't dilutive to true valuation.
Shares that have been repurchased by the company are not considered issued stock, and are removed from the Outstanding Shares total, thus improving the metrics and the PPS.
So if Turek were selling shares would those sales be dilutive to your share value? NO!
Would the sale of shares drive the price down? It's a chain of events... The higher the availability of shares for sale, the cheaper the Bid price. The more perceived panic or doubt, the more shareholders will offer their shares at a lower Ask. The lower the Ask, the lower the Bid... and the lower the resulting PPS. It seems simple to those of us whove been around a while.
However, the true valuation of your shares would not have changed, but the current share price would have temporarily declined. The stock becomes oversold and undervalued. That usually means that speculators and traders would purchase shares at the cheap price, and ride the price wave back up until the real valuation is exceeded by some value. The stock is then overbought and overvalued.
Why would anyone want to create such a negative impression? If you were playing the stock short you would want to buy-to-cover at the lowest possible price. Thus, it would pay you in the long run to short sell as many vapor shares as possible, and to spread confusion in the form of personal opinion... like the word that the company was continuing to dump shares into the OS and float, that it was lying to shareholders, that management is hosed, and that the entire BB deal is hosed up. Such manipulation is illegal if it is orchestrated to move the price lower for profit.
The key to understanding all this is the answer to the following question:
Who is buying all these shares? Every share sold has a buyer. If the company were really the pits, who would buy it? Few, if any, would risk real capital on a hoax. No buyers and lots of sellers equals a dramatically lower price. I mean the price would drop in a matter of minutes... days at the most. Look at HTDS when the knife fell. It was not a slow decline in price over months and weeks as someone struggled to shake loose a few "weak hand" shares.
Novice traders and investors whose sight is blurred by confusion just look at their cost basis and compare today's price. At some point we all do that. But that is the reason seasoned traders search for truth. What does the staff secretary at ProMold say about "24 hour production?" What does she say about Plasticon acquisition? What does the Sales Manager at Semco say about 2006 sales? What does he say about Plasticon acquisition? What does the Line Supervsor at R&S sayabout Plasticon products? What about his ordering? How about the BlueLynx folks.. do they confirm high order rates and what do they say about Plasticon?
Think about this whole event...
I still believe that the PLNI share price will recover based on what I have researched from ProMold, Semco, and BlueLynx. If just half of what the previous six months PR's have stated comes to pass, this stock will be a 10-20x runner in my opinion.
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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PLNI has yet to complete the audited financials statements and file with the SEC as of today.
Below you will find public statements from PLNI press releases regarding the timing of the completion of the audit, going as far back as 16 months ago - Sept. 2004. One of the press releases, issued on November 11, 2004, more than a year ago, even exhibited the heading " Plasticon International, Inc. Announces Today the Audit is Near Completion".
September 21, 2004 "De Joya and Company is scheduled to begin a full financial audit of Plasticon International/Wicklund Holding Company on October 7 th in preparation for seeking a listing of Plasticon’s shares on the OTC Bulletin Board. "
November 11, 2004 http://snipurl.com/kui8 "Plasticon International, Inc. Announces Today the Audit is Near Completion"
"Plasticon International, Inc. (Pink Sheets: PLNI) announced today that it is nearing completion of the audit of its financial statements."
"Mr. James Turek, president of Plasticon International, Inc. stated, "We are extremely excited with the progress of the audit of our financial statements. Upon completion of the audit the company will be in a position to make application for listing on the OTC Bulletin Board."
"Mr. Turek further stated, "The company has been an SEC reporting company a number of years and is pleased that the completion of the audit will allow for the company's SEC filings to be brought current which will provide the investment community with a complete and accurate picture of the company's progress.""
May 18, 2005 http://snipurl.com/kswt "Plasticon Takes Major Step Forward in Transition from Pink Sheets to OTCBB; President and CEO Jim Turek Announces That Audit of All Company Financials Will Be Completed in 4 Weeks"
"Plasticon International Inc. (Pink Sheets - PLNI) today announced that it has come one step closer in the company's transition strategy to move from the Pink Sheets to the OTCBB. An audit of all company financials will be completed in 4 weeks."
"This audit is an important milestone in terms of demonstrating to our shareholders and the public that we are serious in our goal of moving the company forward," said Jim Turek, President and CEO of Plasticon International, Inc. "We are pleased to announce that we are 4 weeks from a completed audit. Upon completion, we will immediately be filing the necessary documents with the SEC to become fully reporting."
June 2, 2005 http://snipurl.com/ksxd "As a final note, Mr. Turek mentioned that he will also be discussing Plasticon's upcoming transition from the Pink Sheets to OTCBB. "Our transition strategy is a very important issue for institutional investors, investment banking firms and high net worth investors," Mr. Turek said. "A full company audit will be completed in weeks, and that is a significant step towards becoming fully reporting, transitioning to the OTCBB and eventually becoming a big board stock. There are many positive developments with Plasticon International to report, and I'm looking forward to presenting at this important forum."
June 17, 2005 http://snipurl.com/kswz "Mr. Turek said that the company's top priority right now is to have the company audit completed by the end of July. "I am confident that we can meet this deadline. This is a very important step for us. Once the audit is completed we will immediately file the necessary documents with the SEC, in order to move Plasticon to the OTCBB. We expect this to be accomplished in the next 30 to 90 days. ""
September 19, 2005 http://snipurl.com/ksyu "There is one very important issue that I am pleased to share with you: Plasticon is currently in the final stages of its audit. Although we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the Nasdaq Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the Nasdaq bulletin board (OTCBB). "
September 19, 2005 http://snipurl.com/ku2r "Plasticon International, Inc. in Final Stages of Audit for Uplisting to NASDAQ Bulletin Board (OTCBB)"
"Plasticon International Inc. (Pink Sheets:PLNI) is pleased to announce that the company is now in the final stages of completing its audit, which will allow the company to uplist to the NASDAQ Bulletin Board. "
"In an open letter to the shareholders posted on the company's website, Plasticon President and CEO, Jim Turek stated, "Plasticon is currently in the final stages of its audit. Though we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the NASDAQ Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the NASDAQ bulletin board (OTCBB)."
September 28, 2005 http://snipurl.com/ku2x "In the Webcast, Mr. Howe gives an overview of Plasticon's innovative products, the size of the rebar supports market, and the company's exclusive sales agreement with the largest building materials distribution company in the United States. In addition, he specifically addresses the fact that Plasticon's audit is in its final stages and that upon completion, Plasticon intends to make the necessary filings to become fully reporting and move to the NASDAQ bulletin board (OTCBB). Finally, he also gives current and prospective shareholders an update on a number of important acquisitions. "
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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[PLNI]: jmhollen & bestbydesign - The Sale of Millions of PLNI Common Shares Into the Market
. 1. The aliases "jmhollen" and "bestbydesign" are two aliases used by the stock promoter John M. Hollen on the Silicon Investor and xxxxxxxxxxxxxx message boards (hereinafter, "the Hollen aliases"). These two aliases have been involved in the stock promotion of Plasticon International, Inc., a Pink Sheet company with the symbol "PLNI".
2. In an attempt to entice the readers of these message boards to purchase common shares of PLNI in the market and to gain their trust and confidence, the Hollen aliases have repeatedly stated that they purchased a substantial amount of PLNI shares in the market and urged the readers to also purchase shares because they were very "cheap" at the moment. An example of the the posted messages by the Hollen aliases follows as they state, in two separate message boards, that they have purchased 1/2 million PLNI shares in the market. Notice that the bestbydesign and jmhollen aliases posted the identical messages within 11 minutes of each other:
By: bestbydesign 23 Nov 2005, 11:12 AM EST Msg. 22908 of 25034Jump to msg. #
"...YeeeeeeeeeeeeeeHaaaaaaaaaaaaaaaw........... ..I just filled on 1/2MM PLNI at 0.0077 during this mornings BS MFMMM head- fakery. What a bunch of BS tushports the MFMMMs are.
"...I love this game...................................
John
ps: And, poor li'l ol' 'Bart's Mutt' is going to be standing on the dock - in tears - getting 'mooned' next week....
I just filled on 1/2MM PLNI at 0.0077 during this mornings BS MFMMM head-fakery......
What a bunch of BS tushports.
"...I love this game...................................
John
3. The Hollen aliases specifically stated that people should not sell their PLNI stock and should hold on to their stock, in addition to stating that he is not a "flipper" of the PLNI stock - thereby implying that he is a long term holder of the stock.
".. .What you're looking at is the grossly predictable MFMMM scardy-shares head-fake prior to all the upcoming action. "...Glom 'em on the Dips, ..Troops.................... " http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go
5. On December 8, 2005, bestbydesign posted that he had not sold any PLNI shares since he bought his motorcycle: "...Heck, I haven't sold a share of PLNI since I bought my new Harley back in June, or whenever..." http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go
7 . On June 5, 2005, more than a week after bestbydesign posted that he already had purchased his Harley Motorcycle, bestbydesign claimed that he owned 6 million PLNI shares. http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go
8. On November 8, 2005 bestbydesign claimed that he bought another 1 million PLNI shares on that date. This would imply that he owned at least 7 million PLNI shares on Nov. 8th. http://xxxxxxxx.lycos.com/mboard/boar...read=19805
9. On November 18, 2005 bestbydesign claimed that he bought another 1 million PLNI shaes on that date. This would imply that he owned at least 8 million PLNI shares on Nov. 18th. http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go
1 0. On November 23, 2005 bestbydesign claimed that he bought another 1/2 million PLNI shares on that date. This would imply that he owned at least 8.5 million PLNI shares on Nov. 23rd. http://xxxxxxxx.lycos.com/mboard/boar...read=22908
1 1. On December 8, 2005 jmhollen claimed that he bought another 1 million PLNI shares on that date. This would imply that he owned at least 9.5 million PLNI shares on Dec. 8th. http://www.siliconinvestor.com/readmsg....d=21955817
12. Based on the paragraphs above which reviewed the Hollen aliases' posted messages about his ownership and purchases of PLNI stock, John Hollen should own at least 9.5 million common shares of PLNI on December 8, 2005. This is not the case, however. On December 8, 2005 jmhollen claimed that he owned only 6 million PLNI shares: http://www.siliconinvestor.com/readmsg....d=21955817
13. Based on the information above, John Hollen either lied about his ownership and multi-purchases of millions of PLNI common shares during the June-December 2005 period, or he lied about not selling his PLNI common shares into the market during this six month period and essentially was involved in dumping at least 3.5 million PLNI common shares. These conclusions are particularly troublesome in view of the fact that he specifically stated that he was not a "flipper" of PLNI stock, that he was holding the PLNI stock for the long term and that he urged and enticed many potential investors to purchase and hold PLNI stock after he had gained their considerable trust.
Jmhollen is yellowsubmarine... same guy DD means finding the good and the bad.
-------------------- Spend Word For Word With Me And I Shall Make Your Wit Bankrupt. Posts: 1326 | From: Here | Registered: Oct 2005
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posted
Hey Riesco... I just figured it out...Your the "WORM" hahahahahah....is this you worm?
Did you just slither out of your worm hole hahahahaha I recognize your worm signature hahahahaha
You need to keep your action over on IHub and SI...What are you doing here? Must be somebody who's invested here that your after...You have a vendetta?????
Guys if the worms here it's gonna get real wierd...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
Worm... Looks like your targets are RRM and JHollen... Do they post here? Are you just trolling...??
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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