posted
Evidently it is not enough for some folks. We've waited a long time for the audit.
-------------------- 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
Maybe that's the problem. Maybe they've got a piece of plastic rebard stuck up their -- forget it.
Posts: 234 | Registered: Jan 2006
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DTL.........just got off the phone with pinksheets.......They said in the interest of protecting investors, they requested some info from PLNI/ they blocked LII temporarily but they expect it to come down later today. This happens quite often with companies. They also told me that there is alot of promoting and spaming etc with PLNI so they requested some basic info which PLNI claims that they will have by the end of day. They said that they often do this to protect the small investor (guys like me who have been ripped time and time again). So I'll call Big Apple next and hopefully I won't run out of free posts.........If the news is good, a good time to add..........I really understand why people day trade...Make a certain percentage and get out before the drama and bashers hit........
==========
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
Looks like the L2 is back up again, though it was like running a slot machine for awhile...first the earlier message, then L2,then summary, then nothing then L2....but it's been up for awhile now.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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PLNI must have provided Pink Sheets with all the information they needed concerning the forward looking statements made by PLNI recently...That was what Pink Sheets was looking for today based on their public statement...
I wonder if that includes...Audit, share buyback, acquisitions of ProMold and Semco, and SEC involvement?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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I doubt it. If that info was available to anyone, it would have been PR'ed.... IMO, this company had better come clean very soon.
-------------------- 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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Back in early November, Pinksheets asked the company for updated share structure info. They have no regulatory power to compel them, so the only tool available is the one we saw employed this morning - stop the L2s and let investors know the info provided there is not necessarily accurate and/or up to date. The company dragged them along for a month before finally giving them some of the numbers (not the a/s though). The company did not give pinksheets access to the transfer agent, though, which would have been preferable for obvious reasons.
This whole process began again when the company started a new marketing thrust with the Dec. 30th PR. Pinksheets is looking for the share structure info. Since they gave them a month last time and never pulled the trigger on the L2s it would not surprise me if JT fell into a boy-who-cried-wolf sense of security this time. Lets just hope we get the updated numbers now. Its going to be harder for them to market their shares if that message comes back and they lose the L2s on their webpage.
This company should have known the day may come where they are forced to fess up on the shares and buyback BS. Given the lead time I would expect a really nifty spin job PR out of them. OTOH, maybe they feel so invincible (and invisible) in regards to regulators and pinksheets that they never considered the need to come clean. If thats the case we may get a repeat of last Dec 7th, i.e. a day or two of pissed of investors, then the re-romancing of the "faithful" until everyone is on board with the fantasies again. It worked before, so why not try it again.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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Maybe PLNI promised to remedy the situation very soon. Uh, it's not like it has never promised that before. But, if that's true, it now knows it must come through quickly. Don't mean to take up space here.. just wishful thinking.
Posts: 234 | Registered: Jan 2006
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Stockhunter... You have no way to verify that BS...You have no idea what happened between PLNI and Pink Sheets today...If you do please post the name and phone number of who to contact...
Give your buddy the "Worm' my regards since he's putting my posts on his site to motivate the Bears and the bashers...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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posted
FYI, from the pinksheets website. (This applies to all thier stocks, not just PLNI.)
"As a matter of policy Pink Sheets will not publish quotations on www.pinksheets.com for any security when it has come to the attention of Pink Sheets that the security is the subject of ongoing promotional activities and adequate current information concerning the issuer is not publicly available. Pink Sheets will not resume publication of quotations for such securities unless and until it receives a legal opinion, in form and substance acceptable to Pink Sheets, to the effect that adequate current information is publicly available concerning the issuer and the security and the information has been posted on the Pink Sheets News Service. See Pink Sheets Letter to Attorneys Providing Opinions with Respect to Promoted Securities (PDF)."
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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I called the Pink Sheets today and they said it was a glitch in the programming and effected several stocks in the same manner. Sooooo WTH are you talking about?
Posts: 132 | From: NC | Registered: Jun 2005
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interesting, stock jockey, but a completely different answer than that reported earlier today on another board by a PLNI optimist (I posted on this earlier today, in this very thread). He said:
=============== DTL.........just got off the phone with pinksheets.......They said in the interest of protecting investors, they requested some info from PLNI/ they blocked LII temporarily but they expect it to come down later today. This happens quite often with companies. They also told me that there is alot of promoting and spaming etc with PLNI so they requested some basic info which PLNI claims that they will have by the end of day. They said that they often do this to protect the small investor (guys like me who have been ripped time and time again). So I'll call Big Apple next and hopefully I won't run out of free posts.........If the news is good, a good time to add..........I really understand why people day trade...Make a certain percentage and get out before the drama and bashers hit....... ============ I would guess we're talking about something like that.
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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posted
Well I guess if Plasticon was hiding something based on your theory, IT WASN"T MUCH. The pinks were up and running with quotes within an hr or so.
Posts: 132 | From: NC | Registered: Jun 2005
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If we do get new numbers its important that they come verified from the TA. Last time the float number did not make sense (as I've discussed in detail before), IMO. There have been rumors on other boards about new share numbers that may have been obtained already from some time ago. If the company reports the numbers, and they are no larger than those rumored numbers, that would be a red flag for me.(VFIN has been selling all along, after all). This company has a history of admitting bad news only when it becomes publicly exposed and only to the degree that others have proven (e.g. the revelation of the increase in a/s back in october - see BAC related posts).
A boatload of shares have been sold through VFIN so the float should be up dramatically as well as the number of shareholders. I would view a big increase in shareholders and o/s without a roughly proportional increase in float with caution, especially if it does not come verified from the TA. I'm not predicting this will happen and I don't know the number, just taking note of past history and putting on my eagle eyes.
-------------------- Logic can protect you from the hazards of faith, hope and trust. Posts: 382 | From: California | Registered: May 2005
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i took a loss of 10% on this one... lucky enough to get my sell off at .081.. a little to risky for me.
Posts: 330 | Registered: Feb 2005
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THIS IS MY FIRST POST BUT I HAVE READ EVERY POST FOR THE LAST 6 MONTHS ABOUT PLNI.I HAVE OWNED THE STOCK FOR 18 MONTHS. I THINK HOPE PLNI IS LEGIT BUT WITH MANY UNANSERED QUESTIONS. I TALKED WITH RM AT BA THIS MORNING.THE USUAL STUFF. PR DIDNT COME OUT ON TIME. JT WAS SORRY AND EXPECED THE PPS DROP BECAUSE OF IT.PROMISED THE SHARE RESTRUCTURE AND AUDIT WERE VERY NEAR-NEXT FEW DAYS.SOS.BUT RM HAS BEEN STRAIGHT WITH ME SINCE HE TOOK MATTS PLACE AND I BELEIVE HIM.HOPE NOT TO MY REGRET. WHILE SOME ON THIS THREAD SEEM NOT TO LIKE WHAT STOCK AND STATE HAVE TO SAY, I REALLY APPRECIATE THEIR VIEWS AND HARD WORK-DD. THEIR AND ALL OF THE STOCK HOLDERS QUESTIONS NEED ANSWERED-NOW. AFTER ALL, WE ARE PART OWNERS OF THE COMPANY. GLTA
Posts: 1 | Registered: Jan 2006
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Still asking the obvious question: Why, if the company has nothing to hide, dont they publish the numbers and get it over with. It will never move if it isnt done. Either they publish soon or risk being tagged with the "scam" moniker. It would be so simple for them to come out with a PR explaining the whole thing. IMO, if they dont, they deserve whatever they get.
-------------------- 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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Leave your buddies Jeff and worm's garbage back at the SI board stock. I could print the same crap in reverse. No proof and you posting it 100 times doesn't make it so. All we have to go on is the Wyoming Corporation site and Pink Sheets. The rest is just bashing speculation and total BS.
Posts: 132 | From: NC | Registered: Jun 2005
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Another poster from RB got the same thing from the Pink Sheets that I did!
By: transam73wi 31 Jan 2006, 12:34 PM EST Msg. 36637 of 36797 Jump to msg. # I talked to pink sheets , and they confirmed they do not know why it happened, and that there were several stocks that they had the problem with. I asked if they could have done it for whatever reason, not as part of the problem, but assumed it was part of the problem, and she said they have nothing on record to prompt the comments on the site for PLNI.
posted
Ed, I could not agree more. In fact, knowing that PLNI has to know what is going on.. and this being the last day for the promised audit, I am absolutely shocked nothing has come out of the company today. Even another stupid excuse. Of course, that leaves a worst case scenario.. maybe those running the company are, in fact, guilty of everything being charged here. Ouch.
Posts: 234 | Registered: Jan 2006
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Thanks for the rational updates, Stockhunter. I think many people have overlooked the fact that even the bloated o/s and a/s share numbers provided in December were merely those reported by PLNI to pinksheets. There is very little about this company that can be verified independently. That's the Macro Red Flag.
Does anyone else think it's strange that none of the Semco contracts being PR'd are accompanied by dollar figures? (Not that they yet provide revenue for PLNI shareholders, but still)
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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WOULD SOMEONE PLEASE ANSWER STATE'S QUESTION!!!!!
WHY is there never a $ figure connected to a contract? I don't care if you love or hate State, Chopper, Ed, or whovever the hell has a position or no position here. THAT QUESTION IS TOTALLY LEGIT!!!!!!Now dammit, someone answer it.
Posts: 460 | From: NC | Registered: May 2005
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One clarification, no offense, re runningscared's post. PLNI did not promise the audit itself by end of January, but rather "announcements regarding" the audit and a share buyback. I always interpreted that as an update of progress at best. Last time I checked, they dropped mentioning anything about the audit in recent PRs, and referred to news about a share buyback (I think I have this right--correct me if I'm wrong) as coming in the "very near future."
Posts: 610 | From: DC Metro area | Registered: Jun 2005
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quote:Originally posted by Bearclaw: Stockhunter... You have no way to verify that BS...You have no idea what happened between PLNI and Pink Sheets today...If you do please post the name and phone number of who to contact...
Give your buddy the "Worm' my regards since he's putting my posts on his site to motivate the Bears and the bashers...
Look buddy, PLNI promised many things (audit, share buyback +++) YEARS AGO. Why the hell are you still supporting them when their trying to snivel their way through without releasing valuable information. It blows my mind.
Posts: 40 | From: Dallas | Registered: Jan 2006
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Buckeye...Not to be sarcastic but, It would be very easy to answer the Dollar figure question if we were Plasticon employees; but we are not. I suggest that maybe a call to Rodney at Big Apple or Jim Turek would be in order here to find out. My guess is....Semco has a bunch of small contracts that add up to the Big Enchilada year end figure. With the current sentiment by some shareholders, No figure will be large enough for their taste. So what would be the point of publishing those small numbers. It would just give some people reason to bash even more.
It's not all the tiny contracts that matter! It's the year end figure that counts! GL
And NO, I do not find it strange state.
Posts: 132 | From: NC | Registered: Jun 2005
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I continue to support PLNI and Turek because I'm making money on this stock and expect this will be a terrific stock in the future...buddy... That's why I invested in PLNI...To make money... Not listen to a bunch of sniveling complaining bashers who don't own any or hardly any shares.
quote:Originally posted by FatherWeebles:
quote:Originally posted by Bearclaw: Stockhunter... You have no way to verify that BS...You have no idea what happened between PLNI and Pink Sheets today...If you do please post the name and phone number of who to contact...
Give your buddy the "Worm' my regards since he's putting my posts on his site to motivate the Bears and the bashers...
Look buddy, PLNI promised many things (audit, share buyback +++) YEARS AGO. Why the hell are you still supporting them when their trying to snivel their way through without releasing valuable information. It blows my mind.
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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Hate to say this (because I have stocks with this). But based off my analysis, this stock's EOD price tomorrow will be lower than today's EOD price. It will probably be a good opportunity for someone to get in as it get's lower. It's in short downtrend and probably will be for a day or two before it picks back up....IMO.
posted
Unknown... I agree with your analysis...Was thinking the same thing after close today...The support levels are lower...but a short downtrend is indicated....thanks for the analysis...Good stuff...two day swing opportunity available tomorrow...
Significant news throws all the charts out IMO except the resistance levels...so...trade carefully and lets see what we look like in the AM...if there is news and how significant...good luck...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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news will be out soon because all 5 billion shares are almost sold, then r/s then audit, then move to another exchange, not nesacerly in that order but close, or maybe none of the above, maybe more precious promises, thats about all one can count on from them, lol
Posts: 62 | Registered: Jul 2004
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TRM... There will NOT be a reverse split or reverse merger if and/or until PLNI wants to move to the AMEX...that is probably 12-18 months down the road minimum...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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Bears and bashers are out in strenght all over the boards right now...Wonder why in such force? Looking for cheap shares? Trade wisely and good luck during this volitile time...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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quote:Originally posted by Bearclaw: I continue to support PLNI and Turek because I'm making money on this stock and expect this will be a terrific stock in the future...buddy... That's why I invested in PLNI...To make money... Not listen to a bunch of sniveling complaining bashers who don't own any or hardly any shares.
quote:Originally posted by FatherWeebles:
quote:Originally posted by Bearclaw: Stockhunter... You have no way to verify that BS...You have no idea what happened between PLNI and Pink Sheets today...If you do please post the name and phone number of who to contact...
Give your buddy the "Worm' my regards since he's putting my posts on his site to motivate the Bears and the bashers...
Look buddy, PLNI promised many things (audit, share buyback +++) YEARS AGO. Why the hell are you still supporting them when their trying to snivel their way through without releasing valuable information. It blows my mind.
It's one thing to have hope, it's another to support a company that has no credibility and then criticize "bashers" who have the fking right to know what's going on.
Posts: 40 | From: Dallas | Registered: Jan 2006
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