Plasticon International, Inc. (OTC: PLNI) engages in the design, production, and distribution of industrial and commercial products. The company's product portfolio includes concrete accessories, such as rebar supports; informational and directional signage; and plastic lumber, which are produced from recycled and recyclable plastics. It also resells these products, as well as concrete products made from recycled glass. Further, Plasticon International offers frame sliders, wheels, lowering links, adjustable kick stands, and top clamps. Its products are used in a range of applications, including bridges, highways, roads, buildings, and other infrastructure. The company was founded in 1981. It was formerly known as Wicklund Holding Company, Inc. and changed its name to Plasticon International, Inc. in 2004. Plasticon International is based in Lexington, Kentucky.
PLNI News:
August 10 - Plasticon Announces Webcast of Pro Mold, Inc. Factory Tour, Which Details Quality Control Practices and Provides Strength Test Demonstration
Plasticon International, Inc. (Other OTC:PLNI) announced today that the Company has released video footage of a tour of the Pro Mold, Inc. facility, which gives the public and Plasticon's shareholders a detailed account of new quality control practices in place at Pro Mold, provides a strength test demonstration of Plasticon's revolutionary slab bolster product (one of the Company's patented recycled plastic rebar support products), and shows the official handing over of the keys to Plasticon International, Inc. Pro Mold, Inc. is a wholly-owned subsidiary of Plasticon International, Inc. In addition, the recently announced audio taped webcast interview with CEO Jim Turek and Senior Consultant Bill Howe is now available at www.*************.com.
"This is really a thrilling moment for Plasticon," said Jim Turek, President and CEO of Plasticon International, Inc. "In 2006, through the Pro Mold facility, we have controlled the manufacturing process from start to finish, which has led to outstanding production efficiencies and vastly improved quality control. I am happy to report that along with those improved manufacturing processes, we have had a corresponding improvement in revenues in the first two quarters of 2006. We encourage our shareholders and the public to view the footage by clicking on the link below. We believe that anyone who views this footage will be impressed by the quality control practices that Pro Mold, Inc. has in place. We will continue to strive to be an industry leader in quality control. Additionally, we encourage shareholders to review the strength test of Plasticon's revolutionary slab bolster product, which is demonstrated by Pro Mold plant manager Gary Gutterman. In the demonstration, the slab bolster holds approximately 3,000 pounds sitting across four points of the slab bolster, and it does not break or crash under the weight and pressure. We believe that Pro Mold, Inc. has tremendous potential for continued growth going forward, and we look forward to continuing to improve operations at the facility."
Video footage of the Pro Mold, Inc. facility can be seen by clicking on the following link: www.webcasting.com/plasticon/. There are four links provided on that page, including exterior footage of the Pro Mold, Inc. facility, the official handing over of the keys to Mr. Turek, a Plant Tour which details quality control and manufacturing processes, and finally a strength test demonstration of Platicon's revolutionary slab bolster product.
An additional webcast of comments from John Murphy, President of Pro Mold, Inc. regarding revenues from the first two quarters of 2006, and the delivery of the two state-of-the-art Toyo injection molding machines will be available in the next several days.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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Plasticon International, Inc. (OTC:PLNI) - Thursday's shares increased 22.73% over open to $0.0030. The volume was at 32,845,830. Plasticon International, Inc. announced today that the Company has released video footage of a tour of the Pro Mold, Inc. facility, which gives the public and Plasticon's shareholders a detailed account of new quality control practices in place at Pro Mold, provides a strength test demonstration of Plasticon's revolutionary slab bolster product (one of the Company's patented recycled plastic rebar support products), and shows the official handing over of the keys to Plasticon International, Inc. Pro Mold, Inc. is a wholly-owned subsidiary of Plasticon International, Inc. In addition, the recently announced audio taped webcast interview with CEO Jim Turek and Senior Consultant Bill Howe is now available at www.*************.com.
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.
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
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-------------------- Euthanasia? I'm American! Why should I care about kids over there?? Posts: 42 | From: in a van, DOWN BY THE RIVER!!! | Registered: Aug 2006
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Ok ... one fat fingered order once in a while is nothing, but 3 in just a couple weeks? And when i go to stockcharts dot com, it shows 5 since June ... I mean, we all think the PPS should be way higher, but somebody is really getting ahead of themselves.
Posts: 178 | From: houston | Registered: Mar 2005
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Related Quotes Sym. Price Chg. PLNI Trade News 0.0025 0 Plasticon Announces Webcast Featuring Delivery of Toyo Machines toPro Mold, Inc. Facility and John Murphy Discussing Pro Mold, Inc.2006 Revenues
Aug 15, 2006 08:31:11 (ET)
LEXINGTON, KY, Aug 15, 2006 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PINKSHEETS: PLNI) announced today that the Company has released video footage of the delivery of two state-of-the-art Toyo Plastar TM 500 H2 plastic injection molding machines to the Pro Mold, Inc. facility, and a webcast of John Murphy, President of Pro Mold, Inc., discussing Pro Mold's revenues for 2006.
In the footage, Mr. Murphy discusses the growth that Pro Mold, Inc. has experienced in 2006. "This has been exciting... In the first quarter [of 2006], we experienced 20% growth over last year. Our backlog for the second quarter was 30% greater than it was last year. So adding this equipment gives us another 25% capacity, which still requires us to work Saturdays so we're on a six-day week. All of this has been financed by Plasticon. We are now their subsidiary. And they have just done a wonderful job of bringing new business in here, although some of it has been new accounts for us, that were brought in by our own salespeople. It's an exciting time, just really nice growth going on [with the Company]."
Video footage of the Pro Mold, Inc. facility can be seen by clicking on the following link: www.webcasting.com/plasticon2/ . There are two links provided on that page, including the 'Machine Delivery' link which captures the delivery of two state-of-the-art Toyo Plastar TM 500 H2 plastic injection molding machines, and a second link entitled 'Comments from John Murphy, President of Pro Mold, Inc.,' where Mr. Murphy discusses Pro Mold's performance in 2006.
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.
FORWARD-LOOKING STATEMENTS:
THIS PRESS RELEASE CONTAINS "FORWARD-LOOKING STATEMENTS". FORWARD-LOOKING STATEMENTS ARE STATEMENTS CONCERNING PLANS, OBJECTIVES, GOALS, STRATEGIES, EXPECTATIONS, INTENTIONS, PROJECTIONS, DEVELOPMENTS, FUTURE EVENTS, OR PERFORMANCE, UNDERLYING (EXPRESSED OR IMPLIED) ASUMPTIONS AND OTHER STATEMENTS THAT ARE OTHER THAN HISTORICAL FACTS. IN SOME CASES FORWARD-LOOKING STATEMENTS CAN BE IDENTIFIED BY THE USE OF FORWARD-LOOKING WORDS SUCH AS "BELIEVES," "EXPECTS," "MAY," "WILL," "SHOULD," OR "ANTICIPATES," OR THE NEGATIVE OF THESE WORDS OR OTHER VARIATIONS OF THESE WORDS OR COMPARABLE WORDS, OR BY DISCUSSIONS OF PLANS OR STRATEGY THAT INVOLVE RISKS AND UNCERTAINTIES. MANAGEMENT WISHES TO CAUTION THE READER THAT THESE FORWARD-LOOKING STATEMENTS, INCLUDING, BUT NOT LIMITED TO, STATEMENTS REGARDING THE COMPANY'S PLANS, GOALS AND, THE BUSINESS STRATEGY OF THE COMPANY AND OTHER MATTERS THAT ARE NOT HISTORICAL FACTS ARE ONLY PREDICTIONS. NO ASSURANCES CAN BE GIVEN THAT SUCH PREDICTIONS WILL PROVE CORRECT OR THAT THE ANTICIPATED FUTURE RESULTS WILL BE ACHIEVED. ACTUAL EVENTS OR RESULTS MAY DIFFER MATERIALLY EITHER BECAUSE ONE OR MORE PREDICTIONS PROVE TO BE ERRONEOUS OR AS A RESULT OF OTHER RISKS FACING THE COMPANY. FORWARD-LOOKING STATEMENTS SHOULD BE READ IN LIGHT OF THE CAUTIONARY STATEMENTS AND RISKS THAT INCLUDE, BUT ARE NOT LIMITED TO, THE RISKS ASSOCIATED WITH A SMALL COMPANY, THE COMPARATIVELY LIMITED FINANCIAL RESOURCES OF THE COMPANY, THE INTENSE COMPETITION THE COMPANY FACES FROM OTHER ESTABLISHED COMPETITORS, TECHNOLOGICAL CHANGES THAT MAY LIMIT THE ABILITY OF THE COMPANY TO MARKET AND SELL ITS PRODUCTS AND SERVICES OR ADVERSELY IMPACT THE PRICING OF THESE PRODUCTS AND SERVICES. ANY ONE OR MORE OF THESE OR OTHER RISKS COULD CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THE FUTURE RESULTS INDICATED, EXPRESSED, OR IMPLIED IN SUCH FORWARD-LOOKING STATEMENTS. WE UNDERTAKE NO OBLIGATION TO UPDATE OR REVISE ANY FORWARD-LOOKING STATEMENT TO REFLECT EVENTS, CIRCUMSTANCES, OR NEW INFORMATION AFTER THE DATE OF THIS PRESS RELEASE OR TO REFLECT THE OCCURRENCE OF UNANTICIPATED OR OTHER SUBSEQUENT EVENTS.
Contact: 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
The Green Baron Report continues to report anything that might help our members make an informed decision about trading in Plasticon Intl. We understand that through recent press releases, information gained directly from its auditing firm, and in webcast interviews broadcast last week that the final audit would probably be filed this week.
We fully understand the lack of further patience here, but The Green Baron Report must remind everyone that Plasticon’s press release on August 3 stated that “the audited financials to be completed and filed in August”. Although much of the talk recently was geared for the final audit to be done this week, we would not hold their feet to the fire quite yet. There is still some time left in August, and we would not be surprised if the audit took another week to complete.
Audits must pass through an additional review process due to rules in Sarbanes Oxley. We do not think Plasticon wants this to take any longer than any of us. Knowing all this, Plasticon was bold enough to publicly state that the audit would be completed by the end of this month, and we still expect this to happen.
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.
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
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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A premptive strike, an excuse before it's needed. Proactive, making a negative a positive, nice tatic.
LOL
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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How do you feel about investing in a company that cant seem to get their filing act together? No excuses, now, if you know you're gonna hit heavy traffic, you leave a half hour early. So why not start the filing a couple days early? Heck of a way to run a business. Like maybe Sarbanes/Oxley is something brand new?
Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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From Rick on Ihub. Note that Turek signed it on 8/1/06, but it didn't make it to filing until 8/21/06. That is an indication of the delays involved in getting paperwork through the lawyers and such. It is not impossible that a sequence of filings are required to ensure proper submission of the 10-KSB. I don't know enough about it, but the delay on filing of ownership change was significant, and may have had an impact to several things. Keeping the faith that the audit is about to drop.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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The Green Baron Report still believes Plasticon will be able to file its audit as promised by the end of August. In the event that Plasticon files the completed audit, we plan to provide another webcast interview with CEO Jim Turek to discuss the entire event in more detail. Our hope is to have the interview available within a few days of the filing.
About Plasticon International, Inc.
Plasticon International 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 Lexington, Kentucky 40509 Contact Investor Relations:
Andrea Cox
Ph: 866 843 2775
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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Another missed deadline. This company has a very bad record of not fulfilling their promises. And GB keeps pumping it. IMO, this is turning into a POS stock.
-------------------- If I give you bad information, please feel free to sue me. I have nothing left anyway. Ed Posts: 1772 | From: Oxford, PA, USA | Registered: Oct 2004
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It has been, Broken promises has litle do with it.
DILUTION !!!!
Hit a new 52 wek low today, .0012, closed at .0014.
Right .0015 in my dreams, is what that one pump hump told me. Soon some will be hoping that it can get back to .0015, in their dreams, pal.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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Probably accuumulation or a company share buy back.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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They sure are. Seems their number one product is priniting shares.
quote:Originally posted by Upside:
quote:Originally posted by will: Holy Crap is right !
Another 52 week low .001, closed at .0011.
Aren't they a real company with a real product though?
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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20-Day Average volume 33964930 50-Day Average volume 23943604 100-Day Average volume 24225895
Still believe it is accuumulation and / or company buy back. It would appear to be even more dilution.
-------------------- A million seconds is 13 days. A billion seconds is 31 years. Posts: 4893 | From: Burbank IL USA | Registered: Feb 2004
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