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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PLNI 2006 FINANCIALS OUT! (Page 13)

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Author Topic: PLNI 2006 FINANCIALS OUT!
Chopper
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The First Person we don't trust is the one that says TRUST ME! Trust NO ONE! Do your own DD. AND FYI you can buy PLNI from TDA. Even if you have to call it in. That's all we need is more useless Garbage on this thread.

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It will run when you least expect it. :)

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rowdyroddypiper
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I respect what you say Chopper - I like you. The fact of the matter is that Plasticon is a true mess. I could tell you some stories that you would absolutely not believe.
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rowdyroddypiper
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"A unique feature of all Plasticon products is that they are of the highest quality, yet do not require virgin raw material. Using recycled materials significantly reduces the cost of manufacturing"

That's a quote directly from their website. From what I get from my source, it's not cheap for that reason. It's cheap because Turek is squeezing his newly aquired company dry and when they go out of business because of that - so will Plasticon.

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successinstock
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who is your source rowdy?.....Is it from Promold or Semco?....or don't you believe that PLNI actually owns them....lol
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rowdyroddypiper
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I would rather not say...I don't want to get anyone in trouble. Yes they do officially own them. Not since December, but they do now.
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successinstock
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of course you wouldn't say.....let not get anyone into trouble...lol...it is hard to keep all you guys straight....like a bunch of mosquitos.
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Spartans
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How can you respect Chopper...You just got here...unless your someone who got booted from here and came in with a new member name...Come on...spill the beans ...
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rowdyroddypiper
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If I start talking too much someone could lose their job. Chopper has visited the place that my friend works. This is my first time on here because I wanted to see what the stockholders were saying about Turek. This guy has a serious mental problem and is on his way to putting my friend and the rest of the company out of a job.
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Spartans
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OK Momo...hahahaha...funny sheet....

You always show your stripes...try another approach or send one of your cherubs...Elliot Ness is coming to New York mumu...

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rowdyroddypiper
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Okay, not sure what that meant. What do you want to know to prove that I know what I am talking about? I know a hell of a lot more than you about what is going on inside Plasticon.
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bobcat88
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Here we go again!!!!!!!!!!Some one get ahold of State780. Sure he'd like to be part of this as well.
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rowdyroddypiper
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Who is State780? Whatever...you guys don't have to believe me. That's fine just tryin to help.

Nevermind.

[ August 03, 2006, 16:52: Message edited by: rowdyroddypiper ]

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bobcat88
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We have all been in this for a while and you come here and start flinging poo, gonna ruffle some feathers without some credibility behind it.
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rowdyroddypiper
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I'm flingin poo because I'm pissed. It' absurd what's going on in that company. What credibility do you want?
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BooDog
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so is it good to have a conspiracy stock in your portfolio?

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All post are my opinion. Do your own DD. Who's clicking your buy/sell button!?

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Chopper
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Just PM me with the proof info. I can verify very easy and rather quickly If my golfing buddies aren't out on the course due to the heat. Why did you Pick the name rowdyroddypiper? I know the guy or maybe not, you never know [Wink] ... He would have contacted me directly. [Big Grin]

quote:
Originally posted by rowdyroddypiper:
Okay, not sure what that meant. What do you want to know to prove that I know what I am talking about? I know a hell of a lot more than you about what is going on inside Plasticon.



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It will run when you least expect it. :)

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Chopper
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Sorry about the repeat.

[ August 03, 2006, 16:56: Message edited by: Chopper ]

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It will run when you least expect it. :)

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rowdyroddypiper
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How do I pm you, Chopper? Hell, I'll call you if it stays confidential.
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Chopper
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Darn repeat again...Goofy internet.

[ August 03, 2006, 16:57: Message edited by: Chopper ]

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It will run when you least expect it. :)

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Spartans
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See the picture of an envelope with the picture of 2 people standing next to it...at the top of Choppers post? Click on that and send him a PM...Chopper...get hold of me if this guy PM's you...

quote:
Originally posted by rowdyroddypiper:
How do I pm you, Chopper? Hell, I'll call you if it stays confidential.


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rowdyroddypiper
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I think I sent it correctly. let me know.
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Chopper
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Roddy You have a PM.

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It will run when you least expect it. :)

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rowdyroddypiper
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.

[ August 03, 2006, 17:32: Message edited by: rowdyroddypiper ]

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IMAKEMONEY
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Well Chopper, Is roddy right???

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

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Chopper
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He did not disclose anything to me Money. He is concerned that this could bite his friend on the rump that he says works somewhere in the PLNI organization. I will follow up and report what I can. Sooooo no proof one way or another. Sorry guy.

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It will run when you least expect it. :)

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Spartans
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Chopper...

If he doesn't give you his phone number and name then I would write it off as BS...I don't buy the friend at Pro Mold...no one needs the friends name...just Rowdypipers name and number dealing confidentially with you...I know you will post that converstion appropriately...
but...not buying this Chop...sorry......

You have been to Pro Mold so you know first hand...the facility is running great and the former owner is staying on to insure a smooth transition. There are new molds and production is now running three shifts...My understanding is there are backorders for a few months as the production lines are cranking out product...This is only ProMold and not Semco...

If there is a shadow disgruntled friend he may want to consider his own options instead of beeching to a new internet poster...There are appropriate ways to blow the whistle and an internet site for investors is not the place...if he's a bright guy he knows this...or...he can get his butt to work to change things that he sees wrong...Nope ...somethings very wrong here buddy...Hope you get to the bottom of this...Will wait to hear from you...

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will
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This is almost getting as good as CMKX WAS.

Keep this up and you'll have time on afternoon TV, and even might become one of the highest rated Soaps !

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A million seconds is 13 days.
A billion seconds is 31 years.

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Spartans
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Funny Will...so try this real soap opera...

Tom from Buyins just called into *** on Stock Radio and reported that the...

Short Squeeze PPS on PLNI is .008 and...

The Short Interest is 795 million shares...

Now that's a lot of paper the MM's need to convert to real shares by buying PLNI...Tell the Worm to stick this up his worm hole ....

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IMAKEMONEY
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Chopper
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posted August 03, 2006 09:10 PM
--------------------------------------------------------------------------------
He did not disclose anything to me Money. He is concerned that this could bite his friend on the rump that he says works somewhere in the PLNI organization. I will follow up and report what I can. Sooooo no proof one way or another. Sorry guy. THANK YOU CHOPPER.

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

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

Because Plasticon - Jim Turek - sucks!!!

TRUST ME!!

Wasn't Plasticon Dr. Evils shell company to cover up his evil empire in Austin Powers? No, wait, that was Virtucon.. close enough.

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If ignorance is bliss, why aren't more people happy?

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Chopper
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PLNI 8k just filed.......
http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename %3D0001331186%252D06%252D000085%252Etxt%26filepath%3D%255C2006%255C08%255C04%255 C&symbol=PLNI

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It will run when you least expect it. :)

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Spartans
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Chopper...
Thanks for the post...looks like...It's official...All ProMold profits are Plasticons since Dec. 31st, 2005 or Jan 1st, 2006...
I mean who was working New Years Eve hahahahah

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Spartans
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Posted by the honorable Chopper after the 1st quarter unaudited numbers were released...Looks like the audited numbers are close by given the release of all the SEC filings the past week or so...Here's the Management review of the 1st quarter 2006 to refresh our memories


posted May 27, 2006 12:12 PM
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PLASTICON INTERNATIONAL, INC.
Management’s Discussion and Review of
Unaudited 2006 First Quarter Financial Statements
A review of the first quarter of 2006 financial statements clearly reveals a
breakout pattern for Plasticon International, Inc. in comparison to previous
quarters.
The Company has now begun its rollout of the former Georgia Pacific, now
BlueLinx, exclusive national distribution contract.
Balance Sheet:
A review of the balance sheet will show an increase in accounts receivable of
800%, using only the first quarter of 2006 as compared to the entire FY of 2005.
Total Assets: went from $6,233,569 to $8,454,879, increasing in the first quarter
of 2006 alone by 27% vs. the entire FY 2005.
Regarding the statement of operations, total revenues March 2006 vs. March
2005:
Total revenues for the 2005 Quarter ending March 31st 2005 was $82,370 vs.
total revenues for the 2006 Quarter ending March 31st 2006 was $1,830,534,
which is a 2,222% increase in sales over the same quarterly period. In
addition the first quarter comparison of numbers from FY 2006, vs. yearly
numbers for FY 2005 shows signficant progress towards profitability. We
anticipate the Company to continue to show earnings improvements throughout
FY 2006.
Gross profits for Q1 2005 was $79,860, vs. gross profit for Q1 2006 was
$684,752, which is an increase of 859%.
The gross profit margin in Q1 2005, was 4% vs. the gross profit margin for Q1 in
2006 was 37%. This reveals a substantial improvement in productivity and overall
production operating efficiencies of the Company.
In reviewing the $10,068,108 for operating expenses, the following factors have to
be considered: The figure of $8,679,000, as referenced in the footnotes of the
financial statements, number 13, page 6, Common Stock, paragraph 1, were
incurred under the GAAP (Generally Accepted Accounting Principles) and FASB
(Financial Accounting Standards Board) rules of beneficial interest expense. As
the Company has described in the past, beneficial interest expense is not an
operating expense. It is merely a bookkeeping entry reflected, due to the issuance
of stock to the majority shareholder, for capital contributions made to the
Company.
If we remove the $8,679,000, from the $10,068,108 for total operating expenses,
we arrive at a figure of $1,389,108, which is the actual operating expense of Q1
2006. When this is compared to the operating expense for Q1 2005 of
$2,493,933, this represents a decrease in operating expenses of 56%.
Loss From Operations:
Again, as we review the loss from operations, we must factor in beneficial interest
expense of $8,679,000 minus the $9,383,356 that is actually reflected in the
financial statements, which leaves us with an actual loss from operations of
$704,356.
If we then compare the actual loss from operations in Q1 2006 of $704,356, vs.
the loss from operations in Q1 2005 of $2,414,073, this is a decrease in loss from
operations from Q1 2005 to Q1 2006 of 71%.
Net Loss:
Again, regarding net loss, we must remove the beneficial interest expense of
$8,679,000 from the figure reflected in the financial statements of $9,437,270,
which then gives us an actual net loss of $812,184.
When we compare the actual net loss from Q1 2006 of $812,184, vs. the net loss
of Q1 2005 of $2,507,552, this represents a decrease of 68%.
Statements of Cash Flows:
Again, under net loss, we must deduct the $8,679,000 of beneficial interest plus
interest expense and other expense, and we arrive at a figure of $812,184. This is
the actual net loss, after deducting for the beneficial interest expense, which as
has been described, is a bookkeeping entry and not actual net loss.
Outlook for the Future:
An analysis of the financial statements reveals positive movement in every
category of accounting. The Company has made significant progress toward
profitability and will continue to move toward positive earnings per share.
Plasticon has now begun its growth years in earnest, where sales and earnings
will be increasing year over year for the foreseeable future. The Company
continues to innovate and invest a substantial amount of working capital in R&D
as well and continues to strive to develop strategic relationships not only
nationally, but internationally as well. The breakout has clearly begun and this is
evidenced in the financial statements. The momentum and tide in sales and
earnings has unmistakably swung to a favorable position for Plasticon
International as we strive to grow the Company throughout the global
marketplace.

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Spartans
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Here's the report link...again originally posted by Chopper...Can't hurt considering now that the ProMold buy out is official the Semco buy out must be very close along with all the SEC financial filings...Squeezzzeeee coming....


Chopper
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posted May 26, 2006 04:48 PM

http://www.pinksheets.com/quote/finance.jsp?symbol=PLNI

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Upside
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Ok Bearclaw, let's start with the share structure. According to their last "official" filing, they had an o/s of 2.4 billion out of a 5 billion a/s. That was as of September 2005, correct?
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