This company is doing what they always do – market their stock.
Their website markets their stock. Their PRs market their stock. They hire touts like – Green Baron, StockstoFollow.com, Big Apple Consulting, Various Radio Shows, etc... – to maket their stock. The go to Microcap conferences to market their stock. They chat with friendly investors to market their stock. And they pay for ads in Investors Business Daily to mareket their stock. Then, of course, they issue a PR touting their Ad in IBD as if IBD were granting credibility on the content they paid them to print. Every tout they hire comes with a price – dilution. The more they market their stock, the more shares they issue to market those shares. We are not only competing with an ever increasing number of these shares on each rally, but on the shares they sell off of that marketing.
Why do companies market their stock mostly with venues targeted toward penny investors? To sell stock to finance their operations. Every day VFIN sells tens of millions of shares. Where are these shares coming from? Where are the proceeds going? Not hard to figure that out. The one thing we do know is that PLNI is not on the Reg Sho list or Buyins <dot> net list of stocks with a naked short interest. These are long shares. A careful analysis of the trading shows that they work hand in hand with the PRs and they try to support the stock price by faded their offer or supporting the bid when buying interest dries up. Consistent with a long seller. They sold around one billion shares in the past couple months. A logical analysis points to these shares having originated from Plasticon. The stated float of 690 million is likely more than twice that now.
When looking at where this stock should be valued, one has to consider the massive dilution of shares that has occurred and likely is accellerating over the past months. The company’s statements that they plan a buyback of shares and claim to have retired 200 million shares(aug 24, 2005 PR, Dec 30, 2005 PR) is disingenuous given the fact they have increased the o/s, a/s and float dramatically during this time. Companies that can afford to buy back shares don’t issue shares to touts in an organized campaign to sell 100s of millions more of shares to investors in the open market.
Does this mean the stock can’t go up? Of course not. It does however raise the bar of difficulty for each subsequent rally given the increased number of shares owned at lower average cost.
When will we be rid of VFIN so the stock can trade more freely on the upside? That’s a guessing game since the company has given no guidance on their financing needs or structure. As long as they remain on the pinks they can operate without transparency. They resist every attempt to give out up to date share numbers and reveal the magnitude of the share dilution. To do so would likely inhibit their ability to issue and/or sell more shares. The audit and the OTCBB move would end their ability to keep these numbers secret. IMO, they are unlikely to attempt a move to the OTCBB until they are done selling shares.
The Semco PR repeats what they have been saying for months, that the acquisition is awaiting approval by the SEC. They spin it to sound like it’s a done deal and to get some marketing muscle out of it, but its nothing new. What is disturbing is the lack of an SEC filing. (If someone finds a filing, please share that with the board.) They cannot get approval until they file, and that process takes time. The Semco acquisition is a ways off, IMO.
We’re likely to see considerable retail buying over the next couple weeks as they ramp up this latest marketing effort. The stock will rise as much as they allow based on the number of shares VFIN sells into it, IMO. The more shares VFIN sells and the higher they sell those shares, the sooner we get off the pinks. Our fortunes are tied. The longer this takes, the smaller our stakes become and the less our investment is worth. As always all IMHO. GLTA.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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Begins Research on Plasticon International, Inc. (OTCPK: PLNI) for Friday January 20, 2006
Published in M2 PressWIRE on Friday, 20 January 2006 at 17:16 GMT Copyright (C) 2006, M2 Communications Ltd.
Sign-up for our FREE Stock Alerts at hxxx://wxx.StockstoFollow.cxx !
StockstoFollow.com, a leading online financial portal, strives to find dynamic issues that are unknown or undervalued but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. StockstoFollow.com has identified the following company based on these issues Plasticon International, Inc. (OTCPK: PLNI)
Plasticon International, Inc. (OTCPK: PLNI) announced today that the company has completed the acquisition of SEMCO Manufacturing, Inc. and is up again today over 4% on heavy volume of 23,627,595. 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.
To chat with other investors on this company visit hxxx://wxx.small capcommunity.cxx "SmallCap Community is a rapidly growing community of investors looking to network, meet new people, exchange ideas, and make smarter investments!"
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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posted
Plasticon's SEMCO Acquisition Announcement to Appear in Investor's Business Daily (IBD) 1/20/2006 8:30:02 AM
LEXINGTON, KY, Jan 20, 2006 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PLNI) announced today that the company's recent acquisition of SEMCO Manufacturing will be a feature in the Corporate News section of Investor's Business Daily (IBD) in both the Friday, January 20th edition and the Monday, January 23rd edition.
nvestor's Business Daily, which was launched in 1984, is known as one of the most innovative sources of insight and information for the investor community. IBD serves over 800,000 investors worldwide through a variety of proprietary products and services, relevant news from the investor's perspective, as well as research, investment education, efficient stock ratings and screens unavailable anywhere else. (Source: Investors Business Daily - Investors.com). IBD, which is considered a research tool in the financial industry, provides critical information to investors that was previously only available to institutional investors (pension and mutual funds, banks, insurance companies and government organizations).
"We are proud to be appearing again in Investor's Business Daily," said Jim Turek, President and CEO of Plasticon International, Inc. "IBD is an invaluable tool for today's investor with its proprietary methodology, in-depth research and renowned lists, charts and tables, which are second to none in the industry. We certainly hope that IBD's readers who follow emerging companies will follow Plasticon's progress and recognize the enormous opportunity that Plasticon has in the recycled plastics and surfacing industries. The acquisition of SEMCO is a huge milestone for Plasticon and effectively positions the company for growth in the $100 Billion+ surfacing industry."
In addition to appearing in the newspaper, the Corporate News section can also be seen on the Investor's Business Daily web site at http://www.investors.com/corporatenews/ for the next two weeks starting Friday, January 20th, 2006.
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 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.
Contacts: Plasticon International, Inc.: Jim Turek President and CEO 3166 Custer Drive, Suite 101 Lexington, Kentucky 40517 web site: www.plasticonintl.com Contact Investor Relations: Rodney Marvel Ph: 866 843 2775 SOURCE: Plasticon International Inc. http://www.plasticonintl.com
posted
I wonder what value two weeks on IBD website is????
"In addition to appearing in the newspaper, the Corporate News section can also be seen on the Investor's Business Daily web site at http://www.investors.com/corporatenews/ for the next two weeks starting Friday, January 20th, 2006."
-------------------- It is always darkest before it goes completely BLACK!!! Posts: 2322 | From: FL | Registered: Aug 2004
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posted
Murnak... Exposure...create new investment...spread the word...who knows...all good IMO
quote:Originally posted by Murnak: I wonder what value two weeks on IBD website is????
"In addition to appearing in the newspaper, the Corporate News section can also be seen on the Investor's Business Daily web site at http://www.investors.com/corporatenews/ for the next two weeks starting Friday, January 20th, 2006."
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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quote:Originally posted by Murnak: I wonder what value two weeks on IBD website is????
They did an IBD ad once before starting on August 24, 2005 and available on their website for 30 days. This also coincided with a PR stating they retired 200 million shares as the start of a share reduction program. Soon after a MM, WDCO, began selling the majority of shares each day capping every rally attempt. (Once below .01 pps WDCO was replaced by VFIN as the big omnipresent seller.)
The chart shows the affect back then. The spike to .019 was the day the IBD ad began running.
Late summer is a very slow period especially for small stocks. The current Ad should have a more receptive audience, IMO, as more money comes into the market, and small caps in particular, at this time of year. If the VFIN seller holds off and lets the stock trade above .009 it will generate a technical buy with a higher high for the first time in over 6 months. That would likely attract more buying from the technical traders. While the last IBD ad ran, the company issued 6 subsequent PRs, so it would not be surprising to see a similar pattern here.
The past history is no guarantee of the future, but its often provides good clues.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
From one of the SI boards by one "football crazy" who said he was still confused about why the Semco deal is awaiting SEC approval:
quote:As of Friday, Rodney Marvel of Big Apple told me that he had no clue what this meant, but that he had an E-Mail that was sent to Bob Howe requesting clarification for us. Rodney told me the same thing a month or so ago with the Pro-Mold PR though, so I don't know what to say. It would be nice to have some solid info explaining this to us all, instead of having to guess and speculate.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters LEXINGTON, KY -- (MARKET WIRE) -- 01/23/2006 -- Plasticon International Inc. (OTC: PLNI) announced today that SEMCO Manufacturing, Inc. was chosen as a surfacing vendor by the contractor for Apple Computer Japan Headquarters showcase demo and reception area in Tokyo. Apple Computer Japan is located in a 51-story building in the Shinjuku sector of Tokyo. Plasticon International, Inc. recently completed the acquisition of SEMCO.
According to SEMCO Manufacturing, the company was chosen for the project because its environmentally responsible, dielectric, waterproof surface cement system offers unlimited creative freedom with design, texture and color and their surfacing solutions exceed Japanese industry environmental standards for indoor air quality. "Our innovative surfacing solutions require no waste disposal, and are distinguished in the surfacing industry by their versatility, durability and beauty," said Samel Sem, President and founder of SEMCO Manufacturing. "Most importantly, our unique surfacing solutions have a competitive advantage over other surfacing products in that they cross link chemically to virtually any material they are being bonded to, and reinforce the density of almost any surface, including concrete, wood, foam, metal, asphalt, rubber and tile of all types. We take pride in the fact that our products met Apple Computer Japan's stringent design requirements from both a creative and environmental standpoint. Apple Computer is known as one of the most image-savvy companies worldwide, and it speaks volumes that our products were selected by the contractor and approved in the selection of materials for the project."
According to Jim Turek, President and CEO of Plasticon International, Inc., "We are thrilled that SEMCO was chosen by the contractor as a surfacing vendor for the Apple Computer Japan showcase demo project. SEMCO fits perfectly into the Plasticon family of companies. Both Plasticon and SEMCO are green companies that have consistently used environmentally responsible manufacturing practices before it was fashionable. Both Plasticon and SEMCO are pioneers in their fields and offer unique benefits to the construction industry. We believe this is just the beginning of SEMCO's growth in the $100 billion+ surfacing marketplace. As an established leader in surfacing, we believe that SEMCO's products will continue to be chosen for high-profile projects worldwide, because they offer the most environmentally friendly, creative, versatile solutions in the surfacing industry today. The fact that SEMCO's advanced product lines cross link chemically with virtually any surface they are applied to distinguishes them from any other surfacing company in the marketplace. As we work with SEMCO to expand their marketing efforts, we believe that SEMCO will become the largest profit center for Plasticon International, Inc. in the years ahead."
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, freeze/thaw conditions, and in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong, 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, and plastic lumber 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.
Plasticon International, Inc.: Jim Turek, President and CEO 3166 Custer Drive, Suite 101 Lexington, Kentucky 40517 web site: www.plasticonintl.com
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
Thanks Chopper...Good stuff Buddy...Only the beginning of many money making contracts....
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
The PRs are good for a chuckle if nothing else. No mention of how big the contract is, but they say the office is in a 51 story building, LOL. I guess they hope someone will think they're going to coat all 51 floors and not just the apple office in the building.
Anything to produce a PR.
(Now stay away VFIN, we need to break the last high)
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
.0088 pps. For the first time in over 6 months the stock is now technically in an uptrend. How far will they let it go?
-------------------- 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 StockHunter: The PRs are good for a chuckle if nothing else. No mention of how big the contract is, but they say the office is in a 51 story building, LOL. I guess they hope someone will think they're going to coat all 51 floors and not just the apple office in the building.
Anything to produce a PR.
(Now stay away VFIN, we need to break the last high)
It says it is the reception and demo area. Why do you have to try and bash everything? They are not pulling the wool here it is all facts..you pissed because you missed out on 20%???
-------------------- If all goes well then great, if not, make it work. Posts: 2562 | From: Louisville, KY | Registered: Feb 2005
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quote:Originally posted by JoeTrader: Anybody hear anything about the buyback happening. I thought they announced this awhile back.
They have been hinting at a buyback for over 6 months now, but in reality have been increasing the outstanding shares. Safe Harbor allows them to make "forward looking" statements like this, but don't count on it happening anytime soon. There is a omnipresent seller dumping 100s of millions of shares on the market (VFIN) that in all likelyhood originate from the plasticon treasury, whether directly or through a third party transaction. Rather than focus on the possibility of a buyback, the more important question should be 'how many shares do they have outstanding and in the float today?' The company won't give up that info. Be careful trusting what the company puts out in forward looking statements. They have not been coming through with much. BTW, they stated there would be more info "regarding" the possible buyback, by the end of January. That should not be confused with saying their would be a buyback before the end of january.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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posted
Looks like they're going to sell the stock into oblivion. Too many shares out there and they're still selling em....
-------------------- 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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quote:Originally posted by DQ.: nice to see .01 again. Hope we can get back to the .015 to .019 area soon. fingers crossed.
FYI, the .01 print was an error. High for day was .0093(so far?)
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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Plasticon Intl. (PK: PLNI) - More PLNI News Just Released Pre Market!
SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters
Plasticon just announced last Thursday, January 19 that its acquisition of SEMCO Manufacturing has been completed and is only waiting SEC approval. This morning, shareholders of Plasticon were already treated with a SEMCO contract that demonstrates the caliber of client that SEMCO is capable of landing. SEMCO was a private company, and now that the acquisition has been completed, the world will begin to see its deal flow in the public eye through Plasticon’s press releases.
PLNI stock rallied to close the week at .0075 per share on active volume following news that SEMCO had been acquired. The Green Baron Report is thrilled to see that this deal has been consummated, and contracts are starting to flow. Plasticon is beginning to fulfill its promises from last year one by one, and we see investors are gaining confidence once again. Each press release ought to eliminate prior concerns, and PLNI stock may finally have the chance to break out to levels we originally had forecast.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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posted
"...Goodbye to the 'Super-Cheapie-Shares'.................
Green Baron Monday, January 23, 2006
Plasticon Intl. (PK: PLNI) - More PLNI News Just Released Pre Market!
SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters
Plasticon just announced last Thursday, January 19 that its acquisition of SEMCO Manufacturing has been completed and is only waiting SEC approval. This morning, shareholders of Plasticon were already treated with a SEMCO contract that demonstrates the caliber of client that SEMCO is capable of landing. SEMCO was a private company, and now that the acquisition has been completed, the world will begin to see its deal flow in the public eye through Plasticon’s press releases.
PLNI stock rallied to close the week at .0075 per share on active volume following news that SEMCO had been acquired. The Green Baron Report is thrilled to see that this deal has been consummated, and contracts are starting to flow. Plasticon is beginning to fulfill its promises from last year one by one, and we see investors are gaining confidence once again. Each press release ought to eliminate prior concerns, and PLNI stock may finally have the chance to break out to levels we originally had forecast.
LEXINGTON, Ky., January 23, 2006 -- Plasticon International Inc. (Other OTC - PLNI.PK) announced today that SEMCO Manufacturing, Inc. was chosen as a surfacing vendor by the contractor for Apple Computer Japan Headquarters showcase demo and reception area in Tokyo. Apple Computer Japan is located in a 51 story building in the Shinjuku sector of Tokyo. Plasticon International, Inc. recently completed the acquisition of SEMCO.
According to SEMCO Manufacturing, the company was chosen for the project because its environmentally responsible, dielectric, waterproof surface cement system offers unlimited creative freedom with design, texture and color and their surfacing solutions exceed Japanese industry environmental standards for indoor air quality. “Our innovative surfacing solutions require no waste disposal, and are distinguished in the surfacing industry by their versatility, durability and beauty,” said Samel Sem, President and founder of SEMCO Manufacturing. “Most importantly, our unique surfacing solutions have a competitive advantage over other surfacing products in that they cross link chemically to virtually any material they are being bonded to, and reinforce the density of almost any surface, including concrete, wood, foam, metal, asphalt, rubber and tile of all types. We take pride in the fact that our products met Apple Computer Japan’s stringent design requirements from both a creative and environmental standpoint. Apple Computer is known as one of the most image savvy companies worldwide and it speaks volumes that our products were selected by the contractor and approved in the selection of materials for the project.”
According to Jim Turek, President and CEO of Plasticon International, Inc., “We are thrilled that SEMCO was chosen by the contractor as a surfacing vendor for the Apple Computer Japan showcase demo project. SEMCO fits perfectly into the Plasticon family of companies. Both Plasticon and SEMCO are green companies that have consistently used environmentally responsible manufacturing practices before it was fashionable. Both Plasticon and SEMCO are pioneers in their fields and offer unique benefits to the construction industry. We believe this is just the beginning of SEMCO’s growth in the $100 billion + surfacing marketplace. As an established leader in surfacing, we believe that SEMCO’s products will continue to be chosen for high-profile projects worldwide, because they offer the most environmentally-friendly, creative, versatile solutions in the surfacing industry today. The fact that SEMCO’s advanced product lines cross link chemically with virtually any surface they are applied to distinguishes them from any other surfacing company in the marketplace. As we work with SEMCO to expand their marketing efforts, we believe that SEMCO will become the largest profit center for Plasticon International, Inc. in the years ahead.”
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, freeze/thaw conditions, and in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong, 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.
Plasticon International, Inc.: Jim Turek, President and CEO 3166 Custer Drive, Suite 101 Lexington, Kentucky 40517 web site: www.plasticonintl.com Contact Investor Relations: Rodney Marvel Ph: 866 843 2775
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