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» Allstocks.com's Bulletin Board » Micro Penny Stocks, Penny Stocks $0.10 & Under » PLNI 2006 FINANCIALS OUT! (Page 15)

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Author Topic: PLNI 2006 FINANCIALS OUT!
Chopper
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As ussual your assesment is Wrong and I did not mis-quote Tom.

The total short interest is exactly what Tom from buy ins stated and the cumulative has not been covered yet. He also stated that the short interest reported by the NASDAQ is the amount that is shorted that one day and one day ONLY. Last report was on July 10th. I just reported what he said, I didn't write it. Call the guy yourself and let him explain it to you as your seem to be incapable to understand here.

I hope this helps you better understand so that next time you don't accidently mislead the readers of this message board or take such a nasty posture. GLTY

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

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Spartans
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This Carrie guy is copping an attitude chopper...plus he's a new guy with only 15 post...What's the deal with that?
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Carrie
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Chopper

your statements are completely false. Again, read one of Tom's reports. There is no "short interest" mentioined.

You are wrong on the otcbb short interest figures. They are not what was shorted in one day. They are the total amount of shorted shares OUTSTANDING as of that day.

Can you imagine if the otcbb short interest figure was the amount of shares shorted during that day as you state?....you could not conclude anything and the data would be worthless - one day you could have zero shares shorted and the next you could have 10 million shares shorted....

Again, you are way off on your statements and now you are misrepresenting Tom....

Please do some research on this matter


quote:
Originally posted by Chopper:
As ussual your assesment is Wrong and I did not mis-quote Tom.

The total short interest is exactly what Tom from buy ins stated and the cumulative has not been covered yet. He also stated that the short interest reported by the NASDAQ is the amount that is shorted that one day and one day ONLY. Last report was on July 10th. I just reported what he said, I didn't write it. Call the guy yourself and let him explain it to you as your seem to be incapable to understand here.

I hope this helps you better understand so that next time you don't accidently mislead the readers of this message board or take such a nasty posture. GLTY


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Spartans
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Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
January ’05 99,733,360 7,679,469 $0.003 $ 23,038
February 162,740,080 12,530,986 $0.003 $ 35,087
March 69,280,392 5,334,590 $0.003 $ 15,470
April 105,720,168 8,140,453 $0.003 $ 23,607
May 1,030,887,616 79,378,346 $0.011 $ 849,348
June 639,579,456 49,247,618 $0.015 $ 753,489
July 450,594,752 34,695,796 $0.015 $ 530,846
August 429,448,672 33,067,548 $0.013 $ 423,265
September 423,765,856 32,629,971 $0.013 $ 437,242
October 462,601,408 35,620,308 $0.010 $ 370,451
November 964,371,008 74,256,568 $0.007 $ 534,647
December 940,215,360 72,396,583 $0.005 $ 383,702
January ’06 2,114,025,728 162,779,981 $0.005 $ 862,734
February 1,082,063,104 83,318,859 $0.007 $ 541,573
March 658,098,944 50,673,619 $0.006 $ 298,974
April 678,449,664 52,240,624 $0.005 $ 261,203
May 92,029,720 7,086,288 $0.004 $ 31,180

Total: 10,403,605,288 793,991,319 $0.008 $6,375,856

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Spartans
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So as of May 2006 the total was...

793,991,319 at $.008

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Carrie
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Chopper,

With all those hundreds of millions of PLNI shares that you claim are short, why is it that as of August 4, 2006 PLNI is not included on this Regulation SHO/NASD Rule 3210 Threshold Security List?

http://www.pinksheets.com/marketactivity/reg_sho_list.jsp

Regulation SHO/NASD Rule 3210 Threshold Security List
A threshold security is any equity security that has a significant fail to deliver position for at least 5 business days. The threshold qualifications are different for SEC reporting issuers and non-SEC reporting issuers. This difference is largely due to the fact that reliable outstanding share information in not universally available for non-SEC reporting issuers.

Regulation SHO defines threshold securities as any equity security of an issuer that is registered under Section 12, or that is required to file reports pursuant to Section 15(d) and where, for five consecutive settlement days:


there are aggregate fails to deliver at a registered clearing agency of 10,000 shares or more per security; and
the level of fails is equal to at least one-half of one percent of the issuer's total shares outstanding

NASD Rule 3210 defines threshold securities as any equity security of an issuer that is not an SEC reporting security and, for five consecutive settlement days, has:


aggregate fails to deliver at a registered clearing agency of 10,000 shares or more; and
a reported last sale during normal market hours (9:30 a.m. to 4 p.m., ET) for the security on that settlement day that would value the aggregate fail to deliver position at $50,000 or more.

A security ceases to be a threshold security if it does not exceed the specified level of fails for five consecutive settlement days.


Contact Information

For Investors:


Email your inquiry to Pink Sheets at info*pinksheets.com.
Call the SEC's office of Investor Education and Assistance at 800.SEC.0330.
File complaints at http://www.www.sec.gov/complaints.shtml.
Send specific enforcement-related information to enforcement*sec.gov.
For Issuers:


Contact Pink Sheets’ Issuer Services at 212.896.4420 or by email at issuerservices*pinksheets.com

Threshold Security List as of Fri, Aug 4, 2006
(A New Threshold Security List is published on each settlement day)

Symbol Security Name Venue Reg SHO Threshold Flag Rule3210 Flag
AAAC ASIA AUTOMOTIVE ACQUISITION CO OTCBB Y N
ABLSQ ABLE LABORATORIES INC Pink Sheets Y N
ABSY ABSOLUTESKY INC COM STK Pink Sheets Y N
.
.
.
.

OVEN TURBOCHEF TECHNOLOGIES, INC (N Nasdaq Y N
PAGI PEMCO VIATION GROUP INC Nasdaq Y N
PARL PARLUX FRAGRANCES INC Nasdaq Y N
PEIX PACIFIC ETHANOL, INC. Nasdaq Y N
PEYUF PEYTO ENERGY TRUST UNITS (CDA) Other OTC N Y
PGDP PARAMOUNT GOLD MINING CORP COM Pink Sheets N Y
PHLI PACIFICHEALTH LABS INC OTCBB Y N
PNPFF PINETREE CAPITAL LTD Other OTC N Y
PNRR PINNACLE RESOURCES INC Pink Sheets Y N
PRAN PRANA BIOTECHNOLOGY LTD Nasdaq Y N
PTJRY PETROJARL ASA SPONSORED ADR (N Other OTC N Y
PTSAJ CITIGROUP GLOBAL FNDG PRIN PRO Other OTC N Y
.
.
.


quote:
Originally posted by Chopper:
As ussual your assesment is Wrong and I did not mis-quote Tom.

The total short interest is exactly what Tom from buy ins stated and the cumulative has not been covered yet. He also stated that the short interest reported by the NASDAQ is the amount that is shorted that one day and one day ONLY. Last report was on July 10th. I just reported what he said, I didn't write it. Call the guy yourself and let him explain it to you as your seem to be incapable to understand here.

I hope this helps you better understand so that next time you don't accidently mislead the readers of this message board or take such a nasty posture. GLTY


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Carrie
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Bearclaw,

thank you

what you have shown us is the number of PLNI shares, that have been shorted theoritically, during each month from Jan 2005 to May 2006, according to this Tom fella.

You have not shown how many have been covered.

thanks


quote:
Originally posted by Bearclaw:
Month Total Vol. Short Vol. Avg. Price Short $ Value
----- ---------- ---------- ---------- -------------
January ’05 99,733,360 7,679,469 $0.003 $ 23,038
February 162,740,080 12,530,986 $0.003 $ 35,087
March 69,280,392 5,334,590 $0.003 $ 15,470
April 105,720,168 8,140,453 $0.003 $ 23,607
May 1,030,887,616 79,378,346 $0.011 $ 849,348
June 639,579,456 49,247,618 $0.015 $ 753,489
July 450,594,752 34,695,796 $0.015 $ 530,846
August 429,448,672 33,067,548 $0.013 $ 423,265
September 423,765,856 32,629,971 $0.013 $ 437,242
October 462,601,408 35,620,308 $0.010 $ 370,451
November 964,371,008 74,256,568 $0.007 $ 534,647
December 940,215,360 72,396,583 $0.005 $ 383,702
January ’06 2,114,025,728 162,779,981 $0.005 $ 862,734
February 1,082,063,104 83,318,859 $0.007 $ 541,573
March 658,098,944 50,673,619 $0.006 $ 298,974
April 678,449,664 52,240,624 $0.005 $ 261,203
May 92,029,720 7,086,288 $0.004 $ 31,180

Total: 10,403,605,288 793,991,319 $0.008 $6,375,856


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Carrie
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Bearclaw,

yes, so the cumulative amount of shares that were shorted each month, according to Tom's theoretical numbers, from January 2005 to May 2006 was about 794 million.

this does NOT show how many of these shorts were covered, and therefore it does NOT show the amount of PLNI short shares that are OUTSTANDING as of May.

accoding to otcbb, as of July 14, 2006 there were ONLY 183,755 PLNI short shares that were OUTSTANDING (therefore labeled "short interest")


quote:
Originally posted by Bearclaw:
So as of May 2006 the total was...

793,991,319 at $.008


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Spartans
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Carrie...( my sisters name...she spells it Kerry)

So you think that 793,991,319 shorted shares have been covered? Are you following the volume the past couple months...

Get real here OK? What is your agenda? You came in here challanging Chopper...one of the most knowledgable and respected posters...What's the deal with that? Your challanging numbers that are pretty solid across all the boards except with those who have shorted this stock and have a self serving interest...

Every time shorts come to this site to shake out shares they go after Chopper...Probably figure if they can discredit him maybe they can shake out a few million shares. You know since the SEC filing for ProMold came out after hours on Friday all the shorts are sheeting bullets ...

If you put in a buy order right now at say .002 or .0021 it's almost impossible to fill...no one is selling...so how are the shorts going to cover at this price if no one is selling?

So I ask you again...what is your agenda and is the name Carrie yours or did you have a former name here?

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successinstock
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i know i bought a couple of million myself....my buddy bought a couple of million...

i am confused Carrie....what are you saying?

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Chopper
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Wow you really get upset over buyins ay?

I suggest you call buy ins yourself and set them straight. You seem to know more than the company that does this all day everyday. Your experience is what?

Even If every last share was bought to cover in the last 65 trading days it would almost cover the entire short position he recorded. That seems close to impossible to me. And that takes us back to May. But what do I know. LOL Like I said I just report the news, I don't write it.

Thanks for your wisdom. I'm done here so have a great day and GLTY.

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

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Carrie
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Bearclaw

your lack of undestanding of Tom's numbers is showing.

the 794 million number is since Jan 2005.

please tell us what the volume since Jan 2005 has been.

Are you saying that you don't believe what the official otcbb figures are?

Are you saying that you don't believe what the official Regulation SHO/NASD Rule 3210 Threshold Security List is saying?

Why are you beginning with the personal attacks?

All I am doing is correcting the false information that you and Jeffrey are posting about the PLNI short position. I am using factual official numbers. You and Jeffrey are using false statements.

You are now saying that no one is selling. Well done, you can also say that no one is buying can't you?

You are talking as if an SEC filings, the 8-K that was filed after the close of trading on a Friday is bullish. What is bullish about showing that the acquisition that was announced that was closed in December 2005 actually clase on May 30, 2006?

again, stop with the personal attacks


quote:
Originally posted by Bearclaw:
Carrie...( my sisters name...she spells it Kerry)

So you think that 793,991,319 shorted shares have been covered? Are you following the volume the past couple months...

Get real here OK? What is your agenda? You came in here challanging Chopper...one of the most knowledgable and respected posters...What's the deal with that? Your challanging numbers that are pretty solid across all the boards except with those who have shorted this stock and have a self serving interest...

Every time shorts come to this site to shake out shares they go after Chopper...Probably figure if they can discredit him maybe they can shake out a few million shares. You know since the SEC filing for ProMold came out after hours on Friday all the shorts are sheeting bullets ...

If you put in a buy order right now at say .002 or .0021 it's almost impossible to fill...no one is selling...so how are the shorts going to cover at this price if no one is selling?

So I ask you again...what is your agenda and is the name Carrie yours or did you have a former name here?


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Spartans
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So who are you and what's your agenda Carrie...

Other than that info I'm moving on...GLTY

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Carrie
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Chopper,

Again you are wrong.

The 795 million figure was since January 2005. What has been the volume since January 2005?

How about those 100 million and 200 million share days eh?


quote:
Originally posted by Chopper:
Wow you really get upset over buyins ay?

I suggest you call buy ins yourself and set them straight. You seem to know more than the company that does this all day everyday. Your experience is what?

Even If every last share was bought to cover in the last 65 trading days it would almost cover the entire short position he recorded. That seems close to impossible to me. And that takes us back to May. But what do I know. LOL Like I said I just report the news, I don't write it.

Thanks for your wisdom. I'm done here so have a great day and GLTY.


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Carrie
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bearclaw,

what is your agenda?

I see that you have admitted to being a swing trader.

what happened...got caught holding on your last swing trade?

so far, the only thing that I have done is point out your and Choppers' false statements on the short interest issue.


quote:
Originally posted by Bearclaw:
So who are you and what's your agenda Carrie...

Other than that info I'm moving on...GLTY


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Spartans
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Interesting tidbit...

The Worm and three of his Followers were kicked off RB this past weekend for posting Misleading Information on PLNI...

If you know the Worm then you know he will spread his slime somewhere else...

Just for folks information...You too Carrie...hahahaha

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Carrie
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bearclaw,

thanks for the info


quote:
Originally posted by Bearclaw:
Interesting tidbit...

The Worm and three of his Followers were kicked off RB this past weekend for posting Misleading Information on PLNI...

If you know the Worm then you know he will spread his slime somewhere else...

Just for folks information...You too Carrie...hahahaha


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Spartans
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Carrie...
I think you already knew that one...

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Carrie
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bearclaw

$0.0018?

what do you think are the chances that this stock drops below $0.0015 by the end of the week once the public reads the 8-K further showing that the pledged Pro Mold Inc. shares go to the sellers of Pro Mold, Inc., in the event of a default by PLNI?


quote:
Originally posted by Bearclaw:
Carrie...
I think you already knew that one...


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Chopper
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I'll play your silly game, [Big Grin] sooooo what has the volume been since January?

Your sure all has been covered with your vast research? Please give me the NASDAQ short position data and coverage of these shorts since January so I may also be enlightened as well.

Why would you attack something I reported that the Buy Ins Company actually wrote on? I didn't write it, nor did I go on a national radio show and state these facts not once but 2 times. So are you trying to discredit Buy ins? And if so, why would you not feel a need to call them and grace them with your superior knowledge? Please help me understand.

I really don't feel I have done anything other than report from valid sources what is going on. However you insist on saying that I have given false and misleading statements. ???? Not sure why. Will and I have had our ups and downs and even he said on this very thread that I am to smart to pump or mislead on the thread.

If you do not like what these companies have put out then I suggest you take your beef up with them because it's not my problem.

Have a great day.

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

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Spartans
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Carrie...hahahaha...

You should change your style...getting a bit to obvious in your old age...It started as funny but now it's getting boring......

I don't have a problem if you fill your shorts on the way up...just gonna be tough...get your sneakers on cuz you'll be running a sprint chasing this..Just don't fall in the hedges (fund) hahahaha or in the overseas hahahahah

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Carrie
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Copper

sorry, but it is YOU that stated that Tom mentioned "short interest", something which he would not have done, since he knows darn well what "short interest" means.

It is you that has made the false statements (Swain). All one has to do is read your posted messages.


quote:
Originally posted by Chopper:
I'll play your silly game, [Big Grin] sooooo what has the volume been since January?

Your sure all has been covered with your vast research? Please give me the NASDAQ short position data and coverage of these shorts since January so I may also be enlightened as well.

Why would you attack something I reported that the Buy Ins Company actually wrote on? I didn't write it, nor did I go on a national radio show and state these facts not once but 2 times. So are you trying to discredit Buy ins? And if so, why would you not feel a need to call them and grace them with your superior knowledge? Please help me understand.

I really don't feel I have done anything other than report from valid sources what is going on. However you insist on saying that I have given false and misleading statements. ???? Not sure why. Will and I have had our ups and downs and even he said on this very thread that I am to smart to pump or mislead on the thread.

If you do not like what these companies have put out then I suggest you take your beef up with them because it's not my problem.

Have a great day.


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Carrie
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Chopper,

you have been flipping this stock all along making some nice "bank". What do you say to investors that might have bought PLNI stock based on an expectant short squeeze that never materializes based on your false short interest info AND LOSE BIG TIME BUCKS BECAUSE OF YOUR FALSE INFORMATION?


==============================


Chopper
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posted November 16, 2005 10:27
--------------------------------------------------------------------------------
State, you should have been flipping this like a lot of us did on the pr's. Made some bank and got more shares.

--------------------
It will run when you least expect it. [Smile]

--------------------------------------------------------------------------------
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Spartans
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Hey Chopper...

He called you "Copper" ..Think that's a Fruedian Slip? Federal Agents are called Feds aren't they??? Not Coppers hahahahaha...

Elliot Ness is comin...or Dragnet...Sgt. Joe Friday is maybe who he's referring to...just the facts Mam...hahahaha

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Chopper
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Hmmmmmm Such an angry person. Do you need to talk about it in a PM?

You did not answer a single question. Why?

And why are your statements anymore right than mine when I just reported what the man said and wrote?

Why wouldn't your statements be false and misleading when you have not given an ounce of proof with documentation vs Buy ins when I and others believe your understanding of the NASDAQ short listing is wrong?

You sure accuse a lot and show anger in your statements and your supposed to be believed as a credible source and not a fraud? Why? Please help me understand.

My thoughts are, Do Your Own DD, I just report what I find. Sorry you are so upset with that.

Now answer some questions please and pass on your secret knowledge. TIA

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

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Carrie
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Chopper

So you continue to claim that Tom specifically stated on the radio that there is a "short interest" of 795 million PLNI shares as of August 4th?

So now you are saying that someone that has been paid by PLNI in the past, is now saying that there there were 795 million PLNI short shares outstanding as of August 4th.

ok

thanks


quote:
Originally posted by Chopper:
Hmmmmmm Such an angry person. Do you need to talk about it in a PM?

You did not answer a single question. Why?

And why are your statements anymore right than mine when I just reported what the man said and wrote?

Why wouldn't your statements be false and misleading when you have not given an ounce of proof with documentation vs Buy ins when I and others believe your understanding of the NASDAQ short listing is wrong?

You sure accuse a lot and show anger in your statements and your supposed to be believed as a credible source and not a fraud? Why? Please help me understand.

My thoughts are, Do Your Own DD, I just report what I find. Sorry you are so upset with that.

Now answer some questions please and pass on your secret knowledge. TIA


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Carrie
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Chopper

This is what I don't understand about you.

Why would you spam a copy of false and misleading information from PLNI and their 1st Quarter 2006 financials filed with pinksheets.com?

You know darn well that with and without "beneficial interest" PLNI's Net Loss still increased going from 2005 to 2006 for the first quarter.

In other words, the amount of Net Loss increased in the 2006 first quarter compared to the 2005 first quarter, yet PLNI falsely stated that it decreased...

being such an important measure of how good PLNI is doing, you would think that PLNI would not issue a false and misleading statement wouldn't you?

and here you go, spamming the false and misleading information all over the internet..

why?

quote:
Originally posted by Chopper:
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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Chopper...
I can't find anywhere where you said that "someone who has been paid by PLNI in the past" Did you say that?

You ever see a short squeezzzeee???? It's like squeeeezzzzing a pimple off the arse of a worm....gushhhh


quote:
Originally posted by Carrie:
Chopper

So you continue to claim that Tom specifically stated on the radio that there is a "short interest" of 795 million PLNI shares as of August 4th?

So now you are saying that someone that has been paid by PLNI in the past, is now saying that there there were 795 million PLNI short shares outstanding as of August 4th.

ok

thanks

[/QB][/QUOTE]
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Dano007
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OMG!!! Another lamb to the CLAW.... HA! Chop chop chop...

--------------------
GLTA!

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Spartans
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Not a lamb...more like a Worm...

quote:
Originally posted by Dano007:
OMG!!! Another lamb to the CLAW.... HA! Chop chop chop...


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Dano007
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Something I've learned about fishing.


It never works out to well for the bait.

--------------------
GLTA!

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Chopper
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You still didn't answer the qustions. Why? What are you hiding?

I only post the news that comes out. Thats all... Not my business to judge it or do an analyst report on it or the company. I don't see where you are qualified either. Do you have your Series 7 or analyst designation? Opinions are just that opinions. No need to be angry and bash posters here.

This sure has been fun though.

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

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Dano007
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***** to CHOPPER!!! YEA-CHOPPER!!!


Drumroll please...tdtdtdtdtdtdtdtdtdtdtdtdtdtd


And the answer we've all been waiting for...

--------------------
GLTA!

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Spartans
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Hey Dano...

This is getting to be so interesting...there are a slew of pennies that have been shorted...In this case I've been adding to my position at these levels...It's just so darn hard to fill...

Now the charts are good...but...the charts have nothing to do with PLNI right now...It's a battle of the Shorts...It's impossible to determine who is short and by how many shares...The MM's have tried all knids of tactics to create panic selling but have not been very successful...Other shorts have been on the internet hammering away at PLNI, Turek, shareholders and the guy who owns the hot dog stand trying to shake out shares...

The fun is going to be when the squeezzzzzeeee happens...

If you believe, like I do, that the rest of the SEC filings will take place soon then sit back...
What an interesting scenerio we will be watching...The shorts will be fighting to buy any real shares instead of the paper they now own...The question is which SEC filing will start the squeeezzzzzzeeee....Until that time Shorts and Bashers will be out in droves...

Can you imagine that the Worm and three of his followers were thrown off of RB? I mean you almost have to commit a felony to get tossed from RB...Almost anything goes there...

So you and I can sit and watch this interesting thing that's about to happen...I just wish I knew the exact day so I could get me a jug of Jack and a recliner and just sit and laugh my arse off....Good luck to you buddy...

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Dano007
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Hey Bear...

Folks are betting that's for sure but I'm just watching at the moment(um). My concern is all this shorting. I've made money shorting before but it's just too dicey for me right now. I prefer more clearly defined risk factors before I jump into that lake. It's looking pretty cloudy to me. Okay, so it’s fear… but I just watched a Jaws movie last week and some of those images are still kinda fresh. The thought of those awesome terrible teeth loaded jaws putting the squeeze on me is not my idea of fun so, like you, I’ll continue to sit back and watch. I like a good blood & guts flick once in a while.

BTW last time I looked "Pump & Dump" was a felony.

Acts which may constitute criminal fraud include:

bait and switch

confidence tricks such as the 419 fraud, Spanish Prisoner, and the
shell game

false advertising

identity theft

false billing

Patent Fraud, unique to Australia, see http://ipta-info.com/

forgery of documents or signatures

taking money which is under your control, but not yours (embezzlement)

health fraud, selling of products of spurious use, such as quack
medicines

creation of false companies or "long firms"

false insurance claims

bankruptcy fraud, is a US federal crime that can lead to criminal prosecution under the charge of theft of the goods or services

investment frauds, such as Ponzi schemes

securities frauds such as pump and dump

Fraud, in addition to being a criminal act, is also a type of civil law violation known as a tort. A tort is a civil wrong for which the law provides a remedy. A civil fraud typically involves the act of making a false representation of a fact susceptible of actual knowledge which is relied upon by another person, to that person's detriment.

--------------------
GLTA!

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