posted
Chop... Since the Panthers beat my Giants I'll have to go with you for the NFC...Now Indy and Pittsburge just kicked off...Indy is my team there but I'll be with you later this afternoon...
Stock has established himself as a resident expert here...State seems to have bought into it...You have to admit he's good...I come back sometimes to challange the myth he's established for himself. I encourage you, Stock Jockey and YS to come in now and again to let folks know his hidden agenda...I get sick of the pissin contest too but ya just can't let this guy run amuck...GLTA
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We are supposed to have 2 big PR's in Jan. Well it's the 15th. I guess we still have half the month left to get them out. I hope they are the big bombs we have all been waiting for. Getting kind of tired of waiting but when you factor in all of the things they have working I still believe we are all going to be so happy we have this stock we may need to change underwear. Go Big Jim.
-------------------- It's only money..We'll make more tomorrow!
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I am not posting on a regular basis or responding to other questions but wanted share some information about my visit to SEMCO.
My business partner and I attended the SEMCO workshop in December 2005 in Las Vegas, Nevada. We met the President/founder who is a biochemist by trade and other employees which I will withhold their names. I don’t think it is fair to post their names on a public forum without specific permission. The President is a real nice guy and quite the gentleman who has a passion for his product. He is soft spoken and believes strongly in his product he started some 15 years ago. He stresses safety first, customer satisfaction and no short cuts when using the SEMCO system. The office is nice which includes a good size showroom in the back which displays different SEMCO applications from the floor to up the walls. To be honest it was freezing in the showroom and we could never get the heat turned on because it was borderline, turn on the heat or maybe it would warm up, it never warmed up...ha. The workshop was a 3 day course which includes allot of hard work, 8 hours a day, and don’t forget your work clothes it’s messy.
The workshop we attended was small 3 people and included a person which was associated with Plasticon but I don’t have the specifics. The training was broken down in 2 parts, the classroom product technical training and the hands on application training. I will try to give you a rough idea of what the training entailed and what I was able to learn.
While in the classroom you go over a ¾ inch book stocked full of SEMCO product specifications and business procedures. At the same time there was a PowerPoint type presentation which will show product usage and different applications etc. This classroom training was about a day and a half but necessary before you started trying to apply the product.
The next part of the Workshop training was held at the warehouse and was given by a senior installer named Joe who knows his stuff. Joe has a passion about SEMCO and really enjoys his work and told me about some of the different jobs he has done at the various casinos in Las Vegas. You can find SEMCO product at many of the major casino’s which was quite impressive and looks great.
I won’t get into the specific application of the SEMCO product because I don’t want to try and explain something have way and will save the details for SEMCO to handle at their workshops.
I can tell you we applied different applications from x-bond liquid, x-crete 400, 500 extra gloss, prestain, cleaners etc. I was very impressed with the over all product and a very important factor is SEMCO products are “Green” and not harmful to the environment. And when they tell you x-bond creates a chemical link to whatever surface it is applied to they are not kidding, I left my tennis shoes coated with x-bond in Las Vegas...ha. After applying different applications with colors, finishes etc it gave me a good understanding how versatile the product was. You also can use a single product with many different applications for floors, walls, pools, dive ways you name it with over 1000 colors to choose from which makes it easy for General contractors stock and use.
You can apply SEMCO products x-bond over an existing surface without having to remove it which saves time, energy and the environment from waste. The main products are totally odorless and can be installed at casinos, hospitals and other places where people are present because there are no harmful odors etc. Some products you have to use outdoors and do have odors but only a few.
At the warehouse you could see SEMCO products stacked from the floor to the ceiling and it was a business in motion. Trucks were constantly in and out and SEMCO products being were shipped and picked up by customers. SEMCO appeared to be a thriving business from what I saw and the employees seemed quite happy to be working there. We completed the technical training and then we were shown different SEMCO applications around the city.
We all loaded up in the Presidents BMW and went on a field trip to casinos, schools, public buildings to see the final SEMCO product. While in the car I asked the President, “How is it going to effect you now that Plasticon purchased SEMCO”, he said he will continue to work and Plasticon will offer more marketing capabilities and distribution. He definitely talked positive about PLNI and as if they were being purchased.
I was lucky and even got to attend the SEMCO Christmas party and enjoyed an evening with the SEMCO family. Overall, I feel SEMCO is a fantastic product which should add to PLNI’s bottom line. It may tale some time to get spooled up but they go hand in hand.
For myself I am an authorized SEMCO applicator and trained on the products and am working on my first commercial install. I got what I wanted out of the workshop and will continue to have full confidence in Jim Turek’s PLNI, including SEMCO. BTW, I do feel the audit could be announced anytime too so keep the faith.
Take care and Good Luck,
Downdraft
-------------------- It will run when you least expect it. :)
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My visit to ProMold was interesting, informative and money well spent. I will say this once and only once and will not respond to questions by board members that would or could be construed or implied as sensitive information. I was not given any insider information nor would I ask. This will be the only post on my visit. (TIA) I went merely to see a company in operation producing some of the product that was PR’d by the parent company. What I found was nothing less than amazing.
I had called Jim Turek’s office in advance and asked if I could visit ProMold at John Murphy’s convenience and would Jim be Ok with it. I realize they have gotten a lot of grief as of late on the blogs and some really tasteless phone calls by crass investors. Surprising any company with an impromptu visit is just inappropriate and could be mistaken as an aggressive gesture by a disgruntled investor. Plasticon’s response was it would be ok with Mr. Murphy’s approval. I called John and asked the same question and he agreed to meet with me and set the appointment for Saturday the 7th. I arrived at ProMold to a warm welcome from the CEO.
We chatted in his office for a while and he then took me on a tour of the plant. John Murphy is a very shrewd and hands on kind of fellow with 40 years in the plastics injection and extrusion mold industry. He has owned ProMold for 20 years and has grown the company from its meager beginning to producing everyday use and specialty products for some very prestigious fortune 500 companies. A Coffee Maker company and a certain Battery company are just two of their clients.
When we walked into the plant the very first machine that I saw was Plasticon’s Brand New Toyo machine. Very nice piece of equipment… I did notice a new piece of equipment attached to the Toyo which is a high tech dryer used for curing the finished plastic rebar supports allowing the machine to recover and cycle faster producing more product in a much shorter time. There was product that had just come out of the machine sitting on the receiving table and I found myself holding the (what is thought to be by some investors the elusive 4 legged Plasticon Rebar Supports.) LOL
The plant runs the machines 24/6 and has ten high tech pieces of equipment in the main production facility. There is plenty of room for expansion for additional Plasticon Toyo’s. At every single machine they have a quality control book to log every run of every machine every day and the QC supervisors actually run all the machines on each of the three shifts to detect any problems or nuances with the production runs and machines.
After all products are run, they go to a Quality Control room where key vital products are tested. In many of the parts produced (Each and Every Piece is tested, 100% inspection)! ProMold has developed a new testing machine specifically used to test rebar supports to meet and far exceed the specifications of the concrete industry for plastic rebar supports. SWEET! Quality control is a huge deal with ProMold and shows in their product production and Clientele.
The next room was the mold warehousing and refurbishment center. Engineers are used to keep this high dollar asset room pumping out molds to the machines for the various runs in the plant.
The next room was the tool cage to support the mechanics and engineers with the parts and tools needed to take on the never ending maintenance task of keeping all the machines running 24/6.
The next room was the equipment support center to supply the machines with water, power, air and HVAC to each individual machine as well as the same for the plant.
The next room was the raw material room containing a HUGE supply of product for the various parts produced. 55 gallon drums were the bulk of the product stacked 15 feet high and many layers deep. WOW
The last room in the plant was shipping and receiving with 4x4 pallets of product to be shipped that next week stacked 3 high and the length of the entire area 3, 4 and 5 deep. The trailers that were at the docks were already loaded and ready for pickup and shipment that next week. ProMold also has rail access for railroad shipment. BTW there was a boat load of Plasticon product going out that next week folks.
In summery the ProMold 35k sq ft operation can best be described as a Ferrari Power Train under a plain wrapper. This company is the real deal and so is the President John Murphy. I hope this eases some of the nervous investors and squelches some the nay sayers. Do your own due and Good Luck to All!
-------------------- It will run when you least expect it. :)
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quote:Originally posted by Chopper: While your at it, why not check Rudolph T. Poselli Jr. and Gary Ball's background relating to Florida curbing and some other corporations that they have been involved in and their subsequent business dealings. Rather interesting story unfolds with a little work.
Chopper,
Please share this information with the board, or at least some links. No need for everyone to have to redo the same work. As you know I also do a great deal of DD and do share what I can with the board so we don't all have to duplicate our efforts. I'm also always willing to discuss in PMs anything people don't feel comfortable posting in public. If I find anything of interest in addition to what you report, I will share with the board. If there is anything you do not feel comfortable posting publicly, feel free to PM me. BTW, you have an unread PM from me.
-------------------- Logic can protect you from the hazards of faith, hope and trust.
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Anyone notice UBS making a tight 2 sided market today? I do not remember ever seeing them in PLNI before. Has anyone ever seen them in PLNI before? Trying to figure out if they just started doing business here, maybe attracted by the higher average daily volume, or if they are working a position.
-------------------- Logic can protect you from the hazards of faith, hope and trust.
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posted
Looks like PLNI pushed back the date of their conference appearance to Feb 23. If I remember correctly, they were originally scheduled for this week. So much for the pre-conference bounce this week.
"January 17, 2005 - We are proud to announce Plasticon International (OTC:PLNI) will be making a special presention during breakfast of the Arch February 23, 2006 Conference."
-------------------- Logic can protect you from the hazards of faith, hope and trust.
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I could not find Plasticon or Semco on the exhibitor list. Has anyone from the company indicated that they would be there in an official capacity?
Being that its in Las Vegas it should be a no-brainer for them to attend. Would prefer that Semco had their own booth though. They could then wisk off interested parties for a tour of their facilities.
-------------------- Logic can protect you from the hazards of faith, hope and trust.
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posted
I repost this as a preemptive measure. I had stated nearly 30 days ago "IMO as stated before material events should flow in this next 30 day time period using today as a reference point." I should have said 30 trading days.... My mistake.
In any event, I still feel we will see a PR this week, just a few days late. My bones are hurting and we are either going to see good news or it's going to rain a flood here.
quote:Originally posted by Chopper: Good Morning Longs and shorts alike.
This trading pattern we are still in is synonymous with the pink market. No new PR or industry related news, the flippers, swingers or day traders have long left, the weak get tired, sell and leave as their threshold of pain is reached. The short interest mm’s play the game with just the right mix of Vapor shares to drive the stock price down looking for new weak hands to accumulate more shares on the way down. Should Jim ad more shares into the float for more equipment this could drive the price down as well along with the shorters taking advantage of that prime opportunity untill significant material events are announced.
As much as I would love to hear that someone has the inside scoop with great predictions of PR's forth coming, the fact is no one knows when they will be released or what will be in them. Jim will not let that cat out of the bag for any stock holder and violate SEC rules. PERIOD! IMO as stated before material events should flow in this next 30 day time period using today as a reference point.
So what exactly is the point to this bash fest being conducted in the last several weeks? Most is seasoned with half truths or down right lack of any DD on the company. Any little negative is multiplied exponentially into the doom and gloom scenerio with the CEO running off with diluted cash coffers stuffed with stockholders money to Cancun. I should only guess that some feel that they may be the New breed of brilliant thinkers or seasoned stock gurus. Maybe they have the god syndrome thinking they should save all the unsuspecting from imminent DOOOM. Or maybe a group of opportunists thinking they will buy up the weak shares on technical lows… But more likely a group of minimum wage folks that are employed by certain MM’s to shake the market Tree as hard as they can so they can scoop up any shares prior to an impending run , whether it be a technical or a true PR run on the horizon. This is observed as fact in the Exact Same multiple postings using multiple aliases on EVERY board on the internet!
I really try not to pump or bash any stock. I happen to like this company but only after exhaustive DD on my part. I have called Every principle party related to this company going back years. IMO the SILENT period is due to the total SOX audit package and has been a stopping point for some very important reasons. The sudden and opportune timing of 2 acquisitions made by Plasticon in the early stages of their audit. These 2 companies had to have due diligence performed prior to purchase and once that had been done and all claims verified by independant Labs, technical sources, vendors, lean holders, ect.. and Plasticon then an SEC SOX Audit was ordered to seal the deal on EACH company. My instincts and DD tell me that they are complete and the purchases are complete. I further believe that the Overall SOX Auidt for Plasticon has been submitted to the SEC and the tweeking period is underway between the SEC and Plasticon. Upon Audit approval by the SEC the following uplisting forms will be in play and left for the SEC to give the Official OKIE DOKIE for Uplisting.
On the brighter side as well.... IMO we will also see more contracts gearing up for the spring construction season. These orders always come months in advance for scheduling and availability. Do your own due but in my opinion we are in a great opportunity. Just stinks that the market forces have been in play to the downside.
Peace on the boards Good Luck to All.
-------------------- It will run when you least expect it. :)
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posted
Thank you Chopper, but despite what has or hasn't been said, what's stopping this company from pulling an r/s? Just went through that with SVXP. Fortunately, I got out just in time, but, the point is, after holding on to this company for a long time hoping business booms and it's uplisted there's really no guarantee after all of that time when other plays could have been made for a few bucks there won't be an r/s just when things begin to get really good. Personally, I would have loved to stay long on SVXP but that oppotunity was taken away.
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Here's the deal with PR's.. don't fall into the trap of that favorite children's story about the boy who cried wolf. If there's nothing to say.. don't say it. This company is NOT going away! To constantly publish PR's for the sake of PR's to enhand pps dilutes the credibility of all PR's. When something "solid" happens.. then put out a PR. It's legitimate and carries more credibility.
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posted
Thank you Bearclaw!!!!!! I thought for a fleeting moment my wife was the only one convinced I don't know what I'm talking about. Seriously, I learn more and more everyday... yourself certainly included.. how much I don't know. Love all the personalities here and elsewhere. Why pennystocks? This is really, really fun. Just don't take it that seriously. That said, it's like penny poker. Be it a buck or a penny, one really gets into it.
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lol. i agree. so many interesting personalities. and i hear what you're saying about SOLID pr's that's why i wrote "solid pr" lol. they're the only ones worth anything. they change the pps and increase the support level. weak pr's are good for ppl who swing but lousy for people who are invested in a company. if you could ever really be invested in a penny in pink land.
-------------------- I'M GONNA BE RICH BEFORE I'M 30!!!!
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Good Morning... This is a Test of the Emergency PR Notification System. This is Only a test. Should there be an Actual PR with Mergers, Contracts or an Audit you would Not Need this Bulletin Board to Hear the Alarm. You will be able to hear Chopper From the Strategically placed Chopper Complex, High atop Chopper Mountain. Thank you for Participating in this weekly test and GLTA.
-------------------- It will run when you least expect it. :)
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posted
Plasticon Completes SEMCO Acquisition Cutting Edge Surfacing Company Will Position Plasticon for Growth in $100 Billion + Surfacing Industry LEXINGTON, KY -- (MARKET WIRE) -- 01/19/2006 -- Plasticon International, Inc. (OTC: PLNI) announced today that the company has completed the acquisition of SEMCO Manufacturing, Inc.
"The acquisition of SEMCO Manufacturing is an absolutely critical part of our growth strategy," said Jim Turek, President and CEO of Plasticon International, Inc. "We are very excited about the completion of the acquisition, and we are confident that SEMCO will become the greatest profit center for Plasticon International in the years ahead. SEMCO is currently profitable and enjoys a stellar reputation as a technology leader in the surfacing industry. This is an established company with an outstanding record as a pioneer in surfacing and the company has proven itself again and again with many successful high-profile projects. SEMCO's products are the most innovative and versatile in the surfacing industry today, and the market potential is staggering. To give you one example, the world flooring market is a $95 billion industry (Source: The Freedonia Group, a leading international business research company). If we can capture merely 1% of this opportunity, that translates into $950 million in sales."
Mr. Turek continued, "And of course, flooring is just one piece of the massive surfacing industry that SEMCO serves, which is why we believe that SEMCO will be such a huge profit center for Plasticon. SEMCO's best-of-breed products, which cross link chemically to virtually any material they are being bonded to, reinforces the density of almost any surface, including concrete, tile, wood, foam, metal, asphalt, rubber, tile of all types, and can even seal off toxic gases from asbestos, thereby eliminating the need to remove asbestos. Their product applications are virtually endless and extend far beyond flooring to wall surfaces, heavily trafficked outdoor walkways, parks and public works projects, kitchen and bathroom surfaces, and roadway projects (such as bridge decks and the beautification of highway dividers). There are tremendous opportunities for growth, particularly in transportation. The Senate recently passed a $285 billion transportation bill. As the only company in our sector that is DOT (Department of Transportation) approved in all 50 states, Plasticon is in a unique position to offer both our recycled plastic product lines and SEMCO's innovative products for potential DOT projects in the future. We believe that the fact that SEMCO's products are environmentally responsible and require no waste disposal, will make SEMCO's products a very attractive choice for the Department of Transportation in the future. As a green company, SEMCO Manufacturing not only meets national requirements -- they exceed requirements."
Mr. Turek also noted that the product synergies with Plasticon's existing recycled plastic rebar support product line and SEMCO's surfacing products will allow Plasticon to immediately begin offering SEMCO's products to existing customers. "SEMCO's surfacing products add years to the life of the structure they are bonding to by eliminating the absorption of water into the surface they are applied to. SEMCO has the only product on the market which effectively prevents water damage. This problem has plagued the construction industry for years and costs the U.S. billions of dollars annually. One application where this is critical is with bridge construction and repair. Until now, water damage has corroded the metal rebar supports which have been used in bridge construction in the past. The combination of Plasticon's rebar supports, which are impervious to water because they are made from recycled plastic, and SEMCO's surfacing products, which completely waterproof the structure they are bonding to, is unprecedented in our sector," Mr. Turek said. "These two products, offered together, give Plasticon an enormous competitive advantage. We will be the only company in our sector that can offer a truly comprehensive waterproofing solution to the construction industry."
SEMCO Manufacturing, based in Las Vegas, Nevada since 1981, has provided their surfacing products to many of the city's most impressive showcase projects, including a number of 5 star luxury resorts. Their eclectic customer base also includes high profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily trafficked outdoor walkways, in extreme outdoor weather conditions, in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, China, Singapore, and Australia.
Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally friendly, using recycled plastics to produce its line of products.
Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.
posted
Maybe someone can explain if this is different then the BS we saw with Pro Mold.
SEMCO is a great synergy with Plasticon, lots of profit potential, blah, blah, blah.
And the acquisition is done except "Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval". Isn't that what was announced in
As others have asked before, why would the SEC care about the purchase of two such small companies? Plasticon sure has not explained why, and no one here has either.
So, what has changed? To me, "done ... except" is not done.
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That's HUGE news. What do you guys want??? Would you like Jim to drive the papers down to your house or what. Seems like no one around here can accept news. Sometimes wonder if you would know news if it hit you in the face.
If the acquisition is complete then I take it for that. Next is the audit. LOAD YOUR WAGON.
-------------------- It's only money..We'll make more tomorrow!
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