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This was my wifes pick,I gave her ten grand and she put it all in plni. this is her first and only pick sure hope she can say I TOLD YOU SO!!!
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imakmony2005
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That would be nice, lets hope we get moving.GOOD LUCK.
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I'm stuck holding the bag for a year now * 0.011. Now we get no news and no movement for a long time. Patience is wearing thin. I would hate to sell at a loss, because I have so much faith in their product. I have zero faith in their management though.
Someone mentioned a buy-out....boy wouldn't that be great.... I'm sure it's just baseless speculation though.
-------------------- Current penny stocks owned: PLNI, VWKM, AMHD. And yet none of them are moving anywhere....
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I took a loss, and am now trying to get it back with something else. If I can, I'll buy back in at this level of lower with hopefully a profit and more shares. It's a gamble, because I believe they can blow us away any day.
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Sold all shares. Invested in IRXI and made 40% of my PLNI investment. Will buyback when Turek sells company or starts taking truth serum. Check out IRXI just started trding Monday being heavily promoted. Make profit and get out.
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Plasticon Posts 2005 and 2004 Financial Statements and Disclosure Document on www.pinksheets.com
LEXINGTON, KY, Apr 25, 2006 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (OTC: PLNI) is pleased to announce that the company has posted unaudited 2005 and 2004 financial statements and a full disclosure statement on www.pinksheets.com, with audited financial statements to follow Plasticon's financial statements do not include results of operations from the SEMCO Manufacturing and Pro Mold acquisitions and back orders from their exclusive distribution contract with the nation's largest distributor of building materials. Additionally, the financial statements do not reflect patent and mold valuations, which are footnoted in the financial statements. At present, an independent appraisal of the Company's patents and molds is in excess of $20,000,000.00. For more information regarding the independent appraisal, please see supporting documents attached to financial statements.
According to Jim Turek, President and CEO, "The Company is pleased to have made progress with its accounting issues and as we prepare to file audited financial statements with the SEC, Plasticon will now turn its attention to the issue of the share structure of the Company. With that in mind, we have retained legal representation along with logistical support organizations and have begun the process of preparing its SEC filings and subscription agreements in order to proceed with the buy back program. The Company has instructed its legal representation and logistical support organizations that we fully intend to proceed with the buy back program immediately. We expect an announcement regarding the commencement of the buy back to be forthcoming."
About Plasticon International, Inc.
Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, informational & directional 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.