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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PLNI 2006 FINANCIALS OUT! (Page 12)

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Author Topic: PLNI 2006 FINANCIALS OUT!
Chopper
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Well, Why were the bashers banned I wonder?

Could it be the commentaries were more than just posting DD? Or could it have been the constant comments accusing everyday folks of being paid pumpers, liars and frauds? Could it be that the bashers were basing their comments on a little bit of fact and a whole lot of innuendo and conjecture from their so called vast experience in the penny market? Could some of them be disgruntled traders? Or could they be just angry lazy bagholders that never did their own DD? Ohhhhh Heaven forbid....

I have yet to meet a poster on these boards that has started a company from the ground up and was successful. Nor anyone that had the experience of running a company to comment on the inner workings of the day to day business dealings or what it takes to develop a product, market it and sell it. The trials and tribulations of missed deadlines that pop up due to screwups within and outside of the company or unforseen disasters. Most can't read a P&L report or a lousy 10k or any of the many other documents required by a corporation to file with the SEC.

Nearly all the posters and watchers here are only worried about runners and short term gains. That is why News Posters are such heros to publish news they feel will cause that particular stock to run or when some of the posters post runners. Point blank people are lazy and are left as an ever abundant group of bag holders because of One Thing and One Thing ONLY! They are to GREEDY and stinken lazy to DD a company on their own acting like sheep before buying into a comapany. Gosh forbid people should learn how to read a chart! And to say no one here fell into a MR XYZ poster's pick and ended up as a bag holder is just BS...

I bought PLNI back when FOT recommended it early last year when the shares were darn cheap. I have since DD'd the fudge out of the company and am comfortable with my decision in buying the stock.

I think the idea of getting rich quick is the main problem on all these boards. IT CAN'T BE DONE FOLKS!!! But I have heard of people getting rich slow buy trading stocks wisely, taking profit in a pps increase riding free shares and continuing the process until they hold millions of shares in many companies. Set it and forget it! Self-discipline and Patience are key here. Like I said on another thread even CNES That I held a crazy amount of shares at .0003 and .0004 ran to .0028 and became a long term payoff. Heck they even have a 14 BILLION float! But it still ran like a bad dog. Accumulate low and sell months down the road. Never become a sad bag holder but a savy investor. If you are upside down in a stock sell it and swing the stock if you really believe in the company. Never hold your entire position as it is going down the drain but play the dips and increases. Does no one remember Google falling from the $500 range to the $300 level. Happens everywhere in all stocks, so stop blaming other people for your trading mistakes.

Trust NO ONE and do your own DD!!!

Now you kiddies quit your whining and get to work with DD and trade smart.

Happy Trading Folks! GLTA

Chopper

--------------------
It will run when you least expect it. :)

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bmorestocks
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Chopper,

I've followed your pumping of this stock for months. You call radio shows and post endless DD about this stock. Now after all the posting what has it done? It has created bagholders after bagholders. PLNI had its time in sun when green baron promo'ed it and now its dead.

You also need to stop comparing PLNI to CNES. Only because last year CNES was around .0045 and how many people bought there. BearClaw aka (Bagclaw) WAS ONE. He avg down for months and it finally ran. Now imagine all the daytrades he missed out on as he avg down for months.

When are you going to notice that this stock is going to drop as CNES did and it will only spike when subpennies are hot again( sometime next year) Your endless pumping has created many bagholders and youhide behind the TA and DD of this stock as to why this stock is the next big thing. I honestly think that if you were not a Mod here you should be ban for bad pumping.

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stocktrader22
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I agree bmore, but subpennies have been really hot lately! ATWT is the next one lol

--------------------
Disclaimer: Not accountable for anything I say

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bmorestocks
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ATWT could run. Just a shame to see how the mods and senior members can get away with pumping. Then when someone stands up to them they get banned. They say the house always has the advantage.
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Relentless.
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Chopper is not exactly a senior member.
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bmorestocks
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He said he was a Mod. I heard him bragging about it on subpennyradio. someone even said "If you really believe PLNI will hit .029 then put 10,000 dollars on it" And of course he rejected. I guess it's because all of is money is in this stock.
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Relentless.
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I'm not sure if he's a mod or not actually...
But I know he's only been here for a year or so.
He's been pumping PLNI just about the whole time.

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CJim
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quote:
Originally posted by Chopper:
Well, Why were the bashers banned I wonder?

Could it be the commentaries were more than just posting DD? Or could it have been the constant comments accusing everyday folks of being paid pumpers, liars and frauds? Could it be that the bashers were basing their comments on a little bit of fact and a whole lot of innuendo and conjecture from their so called vast experience in the penny market? Could some of them be disgruntled traders? Or could they be just angry lazy bagholders that never did their own DD? Ohhhhh Heaven forbid....

I have yet to meet a poster on these boards that has started a company from the ground up and was successful. Nor anyone that had the experience of running a company to comment on the inner workings of the day to day business dealings or what it takes to develop a product, market it and sell it. The trials and tribulations of missed deadlines that pop up due to screwups within and outside of the company or unforseen disasters. Most can't read a P&L report or a lousy 10k or any of the many other documents required by a corporation to file with the SEC.

Nearly all the posters and watchers here are only worried about runners and short term gains. That is why News Posters are such heros to publish news they feel will cause that particular stock to run or when some of the posters post runners. Point blank people are lazy and are left as an ever abundant group of bag holders because of One Thing and One Thing ONLY! They are to GREEDY and stinken lazy to DD a company on their own acting like sheep before buying into a comapany. Gosh forbid people should learn how to read a chart! And to say no one here fell into a MR XYZ poster's pick and ended up as a bag holder is just BS...

I bought PLNI back when FOT recommended it early last year when the shares were darn cheap. I have since DD'd the fudge out of the company and am comfortable with my decision in buying the stock.

I think the idea of getting rich quick is the main problem on all these boards. IT CAN'T BE DONE FOLKS!!! But I have heard of people getting rich slow buy trading stocks wisely, taking profit in a pps increase riding free shares and continuing the process until they hold millions of shares in many companies. Set it and forget it! Self-discipline and Patience are key here. Like I said on another thread even CNES That I held a crazy amount of shares at .0003 and .0004 ran to .0028 and became a long term payoff. Heck they even have a 14 BILLION float! But it still ran like a bad dog. Accumulate low and sell months down the road. Never become a sad bag holder but a savy investor. If you are upside down in a stock sell it and swing the stock if you really believe in the company. Never hold your entire position as it is going down the drain but play the dips and increases. Does no one remember Google falling from the $500 range to the $300 level. Happens everywhere in all stocks, so stop blaming other people for your trading mistakes.

Trust NO ONE and do your own DD!!!

Now you kiddies quit your whining and get to work with DD and trade smart.

Happy Trading Folks! GLTA

Chopper

Way to late to read this whole thing tonight only made it through the first few paragraphs. Anyways, chopper, my name is Jim, there you just met someone that started a buisness from the ground and has grown it 30% every year since. yaddy yaddy yaddy. I'll read the rest tommorow.

--------------------
A million unemployed comedians and you are trying to be funny, have you no shame?

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bmorestocks
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This is what I don't understand... Why don't people focus on daytrading? Everyone here loves to invest. Can we atleast try something new beecause this (PLNI) isn't working. We have seen it with the massive DD hype and estimation of where this is going to go. You tend to forget that we (daytraders) are the movers of your company. Once we sell out you are still holding why everyone is taking profit.

CNES/CNESE has been played by the daytrading massive. You can't fall with the ship. Chopper please admit that is the case here with PLNI. Yes you believe in the company. That's all the public DD you can gather. Just remember a Stock is way different...

A stock has to played on it's marketcap. Not what you believe it will go.... O/S TIMES PPS (LAST)= Marketcap...Meaning if every share out on that stock was sold... the market is the K or M it will take to buy out the entire o/s... mEANING every uptick it cost more [Smile]

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Spartans
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This thread has been sitting dormant for weeks then the 10Q's begin to get filed and posted. All of a sudden the "I Told You So" group comes out of the woodwork last night. Funny sheet...hahahahah
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buckstalker
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bmoreofanass...alias Momo, nomi-ugly, etc.
thought you got banned again....go pump your BS elsewhere...like maybe raggingbull...

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Spartans
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Hey Buck..
Momo's recruiting again...He attacks Chopper and other folks that have been around for a while everytinme he needs new suckers to follow him...He brings a few of his Cherubs with him...This song and dance has been going on way too long...Maybe Elliot Ness is dogging Momo...
We now know they're serious about nabbing some of these crooks...

quote:
Originally posted by buck*******:
bmoreofanass...alias Momo, nomi-ugly, etc.
thought you got banned again....go pump your BS elsewhere...like maybe raggingbull...


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Spartans
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Hey Buck..
Here's what's happening to folks like Momo who start sites to lure unsuspecting targets...Elliot Ness is coming...


SEC Charges Operator of Stock Picking Website with Secretly Profiting in Investment Scam
FOR IMMEDIATE RELEASE
2006-128

Washington, D.C., August 1, 2006 — The Securities and Exchange Commission today announced the filing of civil securities fraud charges against the operator of an Internet website who made more than $2.7 million in profits by secretly selling the stocks he recommended as “mega bonus buys” on his site, www.the*********.com (the ********* website).

The Commission’s complaint alleges that Nicholas A. Czuczko, age 34, of Beverly Hills, Calif., routinely recommended thinly-traded penny stocks on his website while he personally planned to sell the stock into the rising price spurred by the recommendation. Czuczko’s practice was to buy shares of the recommended stocks shortly before posting the selection on the ********* website. When unsuspecting Internet visitors bought the recommended stocks and drove up the price of the shares, Czuczko sold or “scalped” his holdings for substantial profits without disclosing his own sales on the ********* site. A screen shot of the ********* website from March 3, 2006, is attached to this release.

According to the Commission’s complaint, Czuczko funded an extensive Internet advertising campaign to drive traffic to the ********* website. Between mid-December 2005 and the end of March 2006, the Commission alleges, Czuczko paid approximately $1.15 million to Internet search companies and other web advertisers. Ads for the ********* site appeared on Google and Yahoo! in response to Internet searches for terms like “stocks” and “investment advice,” and on popular financial websites like Marketwatch.com, TheStreet.com, and The Wall Street Journal Online. Czuczko’s advertising campaign proved successful, and his stock picks reliably fueled trading and price increases in the recommended stocks.

Linda Chatman Thomsen, Director of the Commission’s Division of Enforcement, said, “Investors need to be wary of unsolicited stock recommendations they find on the Internet. As in this case, the website operator may have hidden motives in recommending stocks to the detriment of unsuspecting investors.”

Helane L. Morrison, District Administrator of the Commission’s San Francisco District Office, said, “The Commission is committed to stamping out these scalping schemes that prey on unsuspecting investors.”

In a related scheme, the Commission charges that Czuczko touted shares of his own company, Epic Media, Inc. Epic Media, based in Los Angeles, is a development stage company with plans to publish “lifestyle magazines” for men and women. Czuczko is Epic Media’s CEO and CFO, and chairman of the company’s board of directors, as well as its majority shareholder. The Commission alleges that in early December 2005 Czuczko recommended the purchase of Epic Media stock on a website that was the predecessor to the ********* site. After the price of Epic Media stock spiked, Czuczko sold his shares for a small profit. Czuczko did not publicly disclose those trades, among others, in stock ownership forms required to be filed with the Commission under federal securities laws.

The ********* website included a boilerplate disclaimer that the site’s unidentified officers and employees “may” trade in the recommended stocks. The truth, however, was that Czuczko always sold his shares as soon as his recommendation had its intended effect of increasing the price of the stock. The ********* website provided no warning to Internet visitors that the site’s operator intended—and in fact made it a regular practice—to sell the stocks at the same time that he posted buy recommendations on the site. By failing to disclose his intent to sell at the time when he made the recommendation, Czuczko was able to turn a quick profit at the expense of the investors who followed the site’s advice.

The Commission’s complaint, filed in federal district court in Los Angeles, seeks to enjoin Czuczko from future violations of the antifraud and ownership disclosure provisions of the federal securities laws. The Commission requests that the district court order Czuczko to disgorge his ill-gotten gains plus prejudgment interest, impose a civil monetary penalty, and bar him from participating in penny stock offerings and from serving as an officer or director of a publicly traded company.

The Commission acknowledges the assistance of NASD Market Regulation with its investigation.

For tips to avoid costly mistakes, the Commission encourages investors to read “Pump & Dump.con: Tips for Avoiding Stock Scams” on the Internet at http://www.sec.gov/investor/pubs/pump.htm.

For more information, contact:

Helane L. Morrison
District Administrator
(415) 705-2450

Tracy L. Davis
Branch Chief
(415) 705-2318

United States Securities and Exchange Commission
San Francisco District Office

Additional materials: Litigation Release No. LR-19787 and Complaint

http://www.sec.gov/news/press/2006/2006-128.htm

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successinstock
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Green Baron update....

Plasticon (PLNI) Note: We still anticipate the opportunity to interview Plasticons CEO Jim Turek any day. We have written our questions and have planned to conduct the call this week. Plasticons quarterly filings for the first and second quarters of 2005 were filed with the SEC on July 27. The third quarter of 2005 was filed on Monday. These filings can be viewed of the Pinksheets.com website at http://www.pinksheets.com/quote/filings.jsp?symbol=PLNI. Although the entire year audited financials for 2005 were not filed by the end of July as we had hoped, it appears that it will be completed very soon. We will alert our members as soon as there is something to report.

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buckstalker
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quote:
Originally posted by Bearclaw:
Hey Buck..
Here's what's happening to folks like Momo who start sites to lure unsuspecting targets...Elliot Ness is coming...


SEC Charges Operator of Stock Picking Website with Secretly Profiting in Investment Scam
FOR IMMEDIATE RELEASE
2006-128


Washington, D.C., August 1, 2006 — The Securities and Exchange Commission today announced the filing of civil securities fraud charges against the operator of an Internet website who made more than $2.7 million in profits by secretly selling the stocks he recommended as “mega bonus buys” on his site, www.the*********.com (the ********* website).

The Commission’s complaint alleges that Nicholas A. Czuczko, age 34, of Beverly Hills, Calif., routinely recommended thinly-traded penny stocks on his website while he personally planned to sell the stock into the rising price spurred by the recommendation. Czuczko’s practice was to buy shares of the recommended stocks shortly before posting the selection on the ********* website. When unsuspecting Internet visitors bought the recommended stocks and drove up the price of the shares, Czuczko sold or “scalped” his holdings for substantial profits without disclosing his own sales on the ********* site. A screen shot of the ********* website from March 3, 2006, is attached to this release.

According to the Commission’s complaint, Czuczko funded an extensive Internet advertising campaign to drive traffic to the ********* website. Between mid-December 2005 and the end of March 2006, the Commission alleges, Czuczko paid approximately $1.15 million to Internet search companies and other web advertisers. Ads for the ********* site appeared on Google and Yahoo! in response to Internet searches for terms like “stocks” and “investment advice,” and on popular financial websites like Marketwatch.com, TheStreet.com, and The Wall Street Journal Online. Czuczko’s advertising campaign proved successful, and his stock picks reliably fueled trading and price increases in the recommended stocks.

Linda Chatman Thomsen, Director of the Commission’s Division of Enforcement, said, “Investors need to be wary of unsolicited stock recommendations they find on the Internet. As in this case, the website operator may have hidden motives in recommending stocks to the detriment of unsuspecting investors.”

Helane L. Morrison, District Administrator of the Commission’s San Francisco District Office, said, “The Commission is committed to stamping out these scalping schemes that prey on unsuspecting investors.”

In a related scheme, the Commission charges that Czuczko touted shares of his own company, Epic Media, Inc. Epic Media, based in Los Angeles, is a development stage company with plans to publish “lifestyle magazines” for men and women. Czuczko is Epic Media’s CEO and CFO, and chairman of the company’s board of directors, as well as its majority shareholder. The Commission alleges that in early December 2005 Czuczko recommended the purchase of Epic Media stock on a website that was the predecessor to the ********* site. After the price of Epic Media stock spiked, Czuczko sold his shares for a small profit. Czuczko did not publicly disclose those trades, among others, in stock ownership forms required to be filed with the Commission under federal securities laws.

The ********* website included a boilerplate disclaimer that the site’s unidentified officers and employees “may” trade in the recommended stocks. The truth, however, was that Czuczko always sold his shares as soon as his recommendation had its intended effect of increasing the price of the stock. The ********* website provided no warning to Internet visitors that the site’s operator intended—and in fact made it a regular practice—to sell the stocks at the same time that he posted buy recommendations on the site. By failing to disclose his intent to sell at the time when he made the recommendation, Czuczko was able to turn a quick profit at the expense of the investors who followed the site’s advice.

The Commission’s complaint, filed in federal district court in Los Angeles, seeks to enjoin Czuczko from future violations of the antifraud and ownership disclosure provisions of the federal securities laws. The Commission requests that the district court order Czuczko to disgorge his ill-gotten gains plus prejudgment interest, impose a civil monetary penalty, and bar him from participating in penny stock offerings and from serving as an officer or director of a publicly traded company.

The Commission acknowledges the assistance of NASD Market Regulation with its investigation.

For tips to avoid costly mistakes, the Commission encourages investors to read “Pump & Dump.con: Tips for Avoiding Stock Scams” on the Internet at http://www.sec.gov/investor/pubs/pump.htm.

For more information, contact:

Helane L. Morrison
District Administrator
(415) 705-2450

Tracy L. Davis
Branch Chief
(415) 705-2318

United States Securities and Exchange Commission
San Francisco District Office

Additional materials: Litigation Release No. LR-19787 and Complaint

http://www.sec.gov/news/press/2006/2006-128.htm

Yea...saw that earlier today Bear...the scumbags deserve what they get and then some...

Chopper...your message box is full

--------------------
***********************

It's all in the timing...

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TalonSin
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Can anyone tell me why Ameritrade will no longer trade this company?

--------------------
If you made money, it was a good trade

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successinstock
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TDA will take phone orders for PLNI.... call them.
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Spartans
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There's a long list of stocks that brokers are micro-managing to cover their shorts...Making it difficult to buy on line is only one of their current tactics...
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sonic0boom
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Hey, for those of you actually trading PLNI ... [Big Grin]

I just bought a few more shares this morning on the bid ... If any of you plan on picking up more shares, you might want to try doing the same.

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successinstock
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i bought more at .0018 and will buy more on dips. I cleared some cash and am ready to go.....
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Relentless.
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Ready to go where?
To
Da
Moon
?

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IMAKEMONEY
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I took my bag and buried it in the backyard, hope it grows.yes i know my spelling s-cks.lol

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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Relentless.
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Too many people have been burned by this one for it to run again.. maybe a quick pop here and there on the way down.
They'll end up doing a reverse split/ cusip# change/ Ticker change in an effort to avoid that nasty reputation they have.

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IMAKEMONEY
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[Frown]

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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sonic0boom
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Oh right ... I forgot that people only buy the penny stocks where everyone has made money on it.
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TalonSin
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I emailed ameritrade asking for an explaination why they wont trade PLNI. Here is their response.

"TD AMERITRADE has made a business decision to restrict trading in this security in an effort to protect our clients and our firm.

According to pinksheets.com:

Pink Sheets believes adequate current information must be publicly available during any period that the issuer or affiliates of the issuer are directly or indirectly engaged in promotional activities having the effect of encouraging trading of the issuer's securities in the OTC market. Pink Sheets has observed that such promotional activities are occurring for this security, but that adequate current information may not be available. Consequently, Pink Sheets has removed the quotes from this website until such information is made available by the issuer to the investing community. investors are encouraged to use care and due diligence in their investment decisions."

--------------------
If you made money, it was a good trade

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Chopper
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Very old news talon and TDA now allows trading. No problems here or with Scottrade or E-trade.

--------------------
It will run when you least expect it. :)

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successinstock
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Talon...call TDA and place a trade. I have. Let us know what you find out.
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bobcat88
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Plasticon Announces That Its FY 2005 First, Second and Third Quarter Financial Statements Have Been Filed With the SEC; Plasticon's Auditing Firm States FY 2005 Audited Financials to Be Completed and Filed in August


LEXINGTON, KY, Aug 03, 2006 (MARKET WIRE via COMTEX) -- Plasticon
International, Inc. (PINKSHEETS: PLNI) announced today that the Company's
auditing firm has completed the reviews for the first, second and third quarters
for FY 2005, and that the audited financial statements for the first three
quarters of 2005 have now been filed with the SEC.

According to Jim Turek, President and CEO of Plasticon International, Inc., "Jim
Berger, principal of Mendoza & Berger, Plasticon's auditor of record, has
written a letter informing the Company that all three quarters for 2005 have
been reviewed and filed with the SEC. Additionally, Mr. Berger stated in his
letter that the 2005 audit will be completed shortly. (For reference, please see
a copy of the letter from Mendoza and Berger enclosed with this release). While
the completion of this work does not allow the Company to achieve a timely
filing of its periodic reports as required by the Securities Exchange Act of
1934, the Company is working to implement practices that will allow it to become
timely in meeting its filing obligations in the future."

Mr. Turek also stated that, "We are pleased to be turning the corner and closing
this chapter in the company's history so that we can look forward to focusing on
growing the business. The completion of the 2005 audit opens many doors for the
Company and will finally allow Plasticon to address the issue of reducing the
share structure of the corporation through its anticipated buyback program."

--------------------
"Man who excels at putting worm on hook is Master Baiter"

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Chopper
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From the Green Baron

August 3, 2006

Special Update

Plasticon Intl. (PK: PLNI)

News Alert: Press Release Just Issued Pre- Market Open

Plasticon Announces that its FY 2005 First, Second and Third Quarterly Financial Statements Filed with the SEC;
Plasticon’s Auditing Firm states FY 2005 Audited Financials to be completed and filed in August

This is Plasticon’s first official press release since the end of May, and the delay in announcing new developments has caused the stock to continue to suffer. PLNI traded at a new year low yesterday at .0016 per share and closed the day at .0019 per share. The drop in PLNI since the end of January when it hit over .01 per share has been slow and painful to all shareholders.

Although The Green Baron Report expected Plasticon to submit its 2005 audit by the end of July, it appears we may be only off by less than two weeks. Plasticon’s auditor of record now believes it can complete the necessary filing about mid-August. The completed audit is extremely important to the future of Plasticon because we believe it will allow the Company to move forward on its share buyback plan as well as a slew of other aggressive plans intended to benefit the shareholders.

CEO Jim Turek and Senior Consultant Bill Howe remain committed to delivering on their promises to the shareholders. It is understood that the audit has probably taken over a year longer to complete than was originally forecast by the Company. The list of naysayers that said PLNI would never complete an audit is long. Plasticon intends to slowly rebuild its reputation back over time, and hopefully our members who have held the stock will see a day by day increase over the balance of the year.

The road ahead will not be easy. Plasticon seems to have created some enemies through making promises in the past that either were not kept or took a long time to deliver. We hope the press release today marks a new path for Plasticon. We believe Mr. Turek wants to deliver a huge volume of new, innovative products to the market through Plasticon, and now he is in a better position than ever to make that happen.

Due to the additional time it has taken to report these numbers, The Green Baron Report’s exclusive webcast with Mr. Turek originally expected to be released this week will take a few extra business days. We anticipate we will be able to make the interview available about the middle of next week. We apologize for the slight delay, but understand we want to make this interview as complete as possible. Please look for this interview as well as our next new pick that will be released on Wednesday, August 9 at www.*************.com.

LEXINGTON, Ky., August 3, 2006 -- Plasticon International Inc. (Other OTC - PLNI.PK - News) announced today that the Company’s auditing firm has completed the reviews for the first, second and third quarters for FY 2005, and that the audited financial statements for the first three quarters of 2005 have now been filed with the SEC.

According to Jim Turek, President and CEO of Plasticon International, Inc., “Jim Berger, principal of Mendoza & Berger, Plasticon’s auditor of record, has written a letter informing the Company that all three quarters for 2005 have been reviewed and filed with the SEC. Additionally, Mr. Berger stated in his letter that the 2005 audit will be completed shortly. (For reference, please see a copy of the letter from Mendoza and Berger enclosed with this release). While the completion of this work does not allow the Company to achieve a timely filing of its periodic reports as required by the Securities Exchange Act of 1934, the Company is working to implement practices that will allow it to become timely in meeting its filing obligations in the future.”

Mr. Turek also stated that “we are pleased to be turning the corner and closing this chapter in the company’s history so that we can look forward to focusing on growing the business. The completion of the 2005 audit opens many doors for the Company and will finally allow Plasticon to address the issue of reducing the share structure of the corporation through its anticipated buyback program.”

About Plasticon International, Inc.

Plasticon International (xxx. 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
3288 Eagle View Lane, Suite 290
Lexington, Kentucky 40509
web site: xxx. plasticonintl .com

Contact Investor Relations:
Andrea Cox
Ph: 866 843 2775

--------------------
It will run when you least expect it. :)

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YellowSubmarine
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Plasticon Announces That Its FY 2005 First, Second and Third Quarter Financial Statements Have Been Filed With the SEC; Plasticon's Auditing Firm States FY 2005 Audited Financials to Be Completed and Filed in August

LEXINGTON, KY, Aug 03, 2006 (MARKET WIRE via COMTEX) -- Plasticon International, Inc. (PINKSHEETS: PLNI) announced today that the Company's auditing firm has completed the reviews for the first, second and third quarters for FY 2005, and that the audited financial statements for the first three quarters of 2005 have now been filed with the SEC.


According to Jim Turek, President and CEO of Plasticon International, Inc., "Jim Berger, principal of Mendoza & Berger, Plasticon's auditor of record, has written a letter informing the Company that all three quarters for 2005 have been reviewed and filed with the SEC. Additionally, Mr. Berger stated in his letter that the 2005 audit will be completed shortly. (For reference, please see a copy of the letter from Mendoza and Berger enclosed with this release). While the completion of this work does not allow the Company to achieve a timely filing of its periodic reports as required by the Securities Exchange Act of 1934, the Company is working to implement practices that will allow it to become timely in meeting its filing obligations in the future."

Mr. Turek also stated that, "We are pleased to be turning the corner and closing this chapter in the company's history so that we can look forward to focusing on growing the business. The completion of the 2005 audit opens many doors for the Company and will finally allow Plasticon to address the issue of reducing the share structure of the corporation through its anticipated buyback program."

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.

Image Available: http://www.marketwire.com/mw/frame_mw?attachid=307593 Image Available: http://www.marketwire.com/mw/frame_mw?attachid=307596

Plasticon International, Inc.:
Jim Turek
President and CEO
3288 Eagle View Lane, Suite 290
Lexington, Kentucky 40509
web site: www.plasticonintl.com
Contact Investor Relations:
Andrea Cox
Ph: 866 843 2775
SOURCE: Plasticon International, Inc.
CONTACT: http://www.plasticonintl.com

.

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rowdyroddypiper
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quote:
Originally posted by TalonSin:
Can anyone tell me why Ameritrade will no longer trade this company?

Because Plasticon - Jim Turek - sucks!!!

TRUST ME!!

Posts: 21 | From: nevada | Registered: Aug 2006  |  IP: Logged | Report this post to a Moderator
Spartans
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Now there's an educated post...1st one too...must have got booted from RB...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004  |  IP: Logged | Report this post to a Moderator
IMAKEMONEY
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lol

--------------------
LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT!

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rowdyroddypiper
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I have a very good source in one of their purchased companies and Plasticon is a mess - Turek is a NUTBALL!
Posts: 21 | From: nevada | Registered: Aug 2006  |  IP: Logged | Report this post to a Moderator
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