posted
I picked up 1m today and am trying to get another mil at .0009, but no luck yet. We have traded 3x the 60 avg today and twice it for most of the last 2 weeks. I'm hoping if there they are really dumping shares, it's over.
-------------------- Trust but verify! Posts: 368 | Registered: Oct 2005
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Success... I really think it's about covering shorts...The CSHD fiasco has put TDAmeritrade in the hot seat...I also suspect the fist quarter 10Q will have the debt forgiven, 27 mil, listed on it...If that's the case we'll have a company basically debt free with strong revenues from all three...PLNI, Semco and ProMold...
If you notice UBSS has been on this puppy since last Friday...The primary MM for TDA along with NITE...I'm mostly watching and learning...I did fill my order at .001 today adding to my share count...Put that in this morning...
What are you thinking???
quote:Originally posted by successinstock: last time we hit 100M....it surged AH to 328M....what do you make of it?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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well i now where 14M of it came from <wink>....however i think we have the MM's trying to shake shares....
I agree with the debt forgiveness....i liked what I "heard"....looking forward to seeing it however.
I am watching and trying to learn as well....never been in a stock this low of a price with so much attention in my life...it is one for the record books. I hope you are well.
Posts: 221 | From: michigan | Registered: Jun 2005
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Success... Doing well thanks...do you think the 8K for Semco needs to come out first before they can list them on the 10Q's?
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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from what Turek suggested on the webcast, I would believe the 8K will be out first....as a matter of fact I would be expecting it our very soon....imo.
I think that is weighing on the 10Q's....i'm sure turek will be using the revenue etc...on the 10Q's for Semco as well as Promold.
Posts: 221 | From: michigan | Registered: Jun 2005
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-------------------- Be Careful Of The Toes We Step On Today, They Could Be Attached To The Butt We Have To Kiss Tomorrow Posts: 4727 | From: Elk Grove ( Sacramento )CA USA | Registered: Jun 2004
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Plasticon Announces Purchase of New Equipment to Increase Capacity of Its Pro Mold Operations LEXINGTON, KY--(MARKET WIRE)--Sep 20, 2006 -- PLASTICON INTERNATIONAL, INC. (Other OTC:PLNI.PK - News) announced today that it acquired two additional injection molding machines and related equipment. The purchases, totaling $525,000, are designed to increase the operating capacity of its subsidiary Pro Mold, Inc. by over 33%. James N. Turek Sr., President of Plasticon, announced the purchase and stated that with this purchase, "We will be better able to meet the contractual requirements to our exclusive distributor of rebar supports as well as new orders for existing clients that require the usage of larger tonnage molding machines for their products." The acquisition included a 500 Ton Toyo at $231,000, a 310 Ton Toshiba at $149,000, and two Matsui Dryers at $43,000 together with conveyors, grinders, and temperature control units and related installation costs for a total investment of $525,000. The acquisition of this equipment is part of the Company's efforts to enhance its ability meet customer needs and market trends. 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. 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.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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Sounds like orders must be increasing. This could be good if the MMs will leave it alone.
-------------------- 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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Plasticon Announces Record Mold Construction at Its Pro Mold Subsidiary
By Market Wire Last Update: 9/26/2006 8:54:49 AM Data provided by
LEXINGTON, KY, Sep 26, 2006 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PINKSHEETS: PLNI) announced today that its Pro Mold, Inc. subsidiary achieved a record in plastic mold construction in its 21-year history.
Mr. James N. Turek, Sr., President of Plasticon, noted that, "Pro Mold achieved the highest plastic mold production construction level in its 21 year history with 31 new molds under construction! This is a remarkable achievement and due in no small part to the outstanding effort of our Sales Manager, Matt Lang. Each of these molds requires new tooling and depending upon the complexity of the design and other attributes, each mold requires eight to 30 weeks of work. The sales value of these molds likely approximates $600,000 based on our current estimates and will generate $528,000 in additional product sales."
Mr. Turek also reported that, "We are looking toward further growth in 2006 and we remain optimistic that our opportunities in the plastic mold markets may offer us new growth potential in future years as we look ahead."
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.
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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quote:Originally posted by IMAKEMONEY: wow this is getting down there! .0008
Yeah, hang on, you'll be able to pick up a ton of it when it hits .0001....
-------------------- 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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Press Release Source: Plasticon International Inc.
Plasticon Reports Continued Sales Growth in 2005 and 2006 Thursday September 28, 8:30 am ET
LEXINGTON, KY--(MARKET WIRE)--Sep 28, 2006 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that it recorded sales growth in its Pro Mold, Inc. subsidiary of approximately 21% in 2005 compared to 2004 sales levels.
Plasticon International purchased Pro Mold, Inc., a St. Louis-based plastic mold manufacturing company in 2005. James N. Turek Sr., President of Plasticon International, also announced that based on current sales rates in 2006, "Pro Mold is poised to achieve an additional 15% growth in sales revenues in 2006.
"These are good growth numbers for us," Mr. Turek noted. "We have had double digit growth in both 2005 and so far in 2006. We remain optimistic that if current order and delivery rates can be maintained and as we look at new tooling under construction, we may be able to achieve and maintain further sales growth into 2007."
Mr. Turek also stated that, "Our ability to continue to grow will depend in large part on our management team at Pro Mold, our ability to deliver quality products within acceptable time frames to meet our customer needs and the general condition of the economy."
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.
It has come to Plasticon's attention that several stock promotional services are following Plasticon closely. Plasticon has not solicited, endorsed, or contracted with these companies and has no intention of doing so. Company information and updates are released through official channels deemed by the Company.
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, PROJECTED GROWTH IN OUR SALES VOLUME, 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.: James N. Turek Sr. President and CEO 3288 Eagle View Lane Suite 290 Lexington, Kentucky 40509 web site: http://www.plasticonintl.com
Contact Investor Relations: Andrea Cox Ph: 866 843 2775
-------------------------------------------------------------------------------- Source: Plasticon International Inc.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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News for 'PLNI' - (StockTargets Inc.: Investor targets increase on Plasticon International Inc. stock (Pink Sheets: PLNI) following a recent analyst recommendation)
Oct 17, 2006 (M2 PRESSWIRE via COMTEX) -- Geneva, Switzerland, and Dover, Delaware, USA - StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm shift in investor targets over the past few days on Plasticon International Inc.(Pink Sheets: PLNI), following a new recommendation.
Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by TTS Zurich. Investors now forecast the stock rising to US$ 0.0014 during the next 12 months. The StockTargets consensus 12 months target was US$ 0.0009 recently.
The 12 months target by TTS Zurich for the stock is US$ 0.02, which represents an upside of 900%. These different targets can be reviewed by clicking the following link: http://www.stocktargets.com/cgi-bin/ticker.pl?command=PLNI.PK. Targets indicators on stocks are an aggregate of all the news, sentiment and forecasts available on the company at a given moment in time, as perceived by investors. Plasticon International Inc. website is http://www.plasticonintl.com.
Plasticon International, Inc. 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; plastic lumber, which are produced from recycled and recyclable plastics; and concrete-like products made from recycled glass. Plasticon International's line of rebar support products are used in the construction of bridges, highways, roads, buildings, and other infrastructure.
About StockTargets, Inc.
StockTargets, Inc. (http://www.stocktargets.com) is an investment banking and investor relations firm. Its Web site records all participants' sentiment, expressed as targets by its users. The StockTargets system, by building an investor sentiment indicator, attempts to gather and determine an measurement of all entries of users. The user's consensus target can be compared to targets provided by professionals, such as brokerage firms, analysts or fund managers. StockTargets Inc. was founded in 2005.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks mentioned in this text are properties of their respective owners.
CONTACT: Sean Kelly, StockTargets Inc Tel: +41 22 700 7648
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
(C)1994-2006 M2 COMMUNICATIONS LTD
-0-
Source: Comtex Wall Street News
Posts: 221 | From: michigan | Registered: Jun 2005
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posted
The next time one of those target forcast is correct will be the first time.
-------------------- 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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I am pleased to inform you that Plasticon International Inc. is stronger than ever. We have completed both the Semco and Pro Mold Acquisitions. We have completed the 2004 and 2005 Audits and we are now in process of getting current and filing our application with the NASD to up list to the Bulletin Board. Plasticon has experienced tremendous growth over the past two years and I’m proud of the sacrifices we have made to achieve our success.
Despite our efforts, Plasticon is under attack from short sellers and market manipulators who want to take advantage of our market liquidity for their own personal profit to the detriment of our loyal shareholders. Plasticon is now taking the necessary steps to combat this attack, and has ordered a current NOBO list from ADP Investor Communications. The NOBO, which stands for Non Objecting Beneficial Ownership list, shows a more complete corporate ownership profile than is available from the transfer agent alone through the DTC.
We have periodically ordered the NOBO list and compared it with our transfer agents DTC list on several occasions in the last 24 months. Our management knew there was a significant failure to deliver position in our stock, however, until we were ready to execute our business plan to its fullest extent, publishing this list would have been of little consequence to the share price or benefit to our loyal shareholders. Our goal now is to identify and publish the continuous pattern established by brokers to short our stock with an ever-increasing size of failures to deliver. Upon the receipt of the current list and analysis by our SEC attorney, we will work closely with the SEC and all institutional holders to quickly resolve this failure issue.
This is invaluable information for our shareholders and public to be aware of. Naked short selling (NSS) is literally an Economic Attack on our Financial Markets and small cap companies robbing millions of hard earned dollars from investors and the ability for small cap companies to capitalize their operations and research in manner conducive to share holder value. This practice distorts what would otherwise be a free market, in other words, a market where a share price value is dictated by supply and demand only, and not by the undue influence of naked shorters. Short selling, manipulates the price and puts excessive downward pressure on the value of the stock. Short sellers buy back at a greatly reduced price taking millions of dollars in profit at the expense of the shareholders and the company. Because of the lack of brokerage guidance from the SEC, the shorting may continue as the PPS moves upward in a move to slow down the increase allowing the covering of short positions with legitimate shares. This continued short selling action may force Plasticon to continue to order updated NOBO lists to protect our long shareholders investment and the company from further attacks.
Until the SEC enacts strict legislation to curtail such practices in the United States, it will be up to the various companies to police the markets with tools available as in the NOBO list. Plasticon has now begun reporting, completed our acquisitions, increased productivity and have solid management in place. We at Plasticon will do whatever it takes to stop this attack and restore shareholder value and confidence in our company. Shareholders can help. If you suspect that brokerage firm is shorting against your position, please request physical delivery of your stock certificate. Plasticon International would like to thank-you for your continued support.
Regards, James N. Turek Sr. President and CEO Plasticon International, Inc.
-------------------- It will run when you least expect it. :) Posts: 1161 | From: NC | Registered: Mar 2005
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posted
NOBO list stocks are runnning...SSSU, QBIT, ETIM to name a few...Let's PR this Mr. Turek and get this short squeezzzeeeeee started...
Posts: 2660 | From: Pennyland USA | Registered: Jun 2004
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Oct 17, 2006 (M2 PRESSWIRE via COMTEX News Network) --
Geneva, Switzerland, and Dover, Delaware, USA - StockTargets, Inc., a private Swiss company and an innovator in investor sentiment tracking on listed stocks, measured a firm shift in investor targets over the past few days on Plasticon International Inc. (Pink Sheets: PLNI), following a new recommendation.
Investor sentiment and forecast shows a substantial increase, and remains resolutely positive on the stock's prospects, following the latest news and a revaluation of the company by TTS Zurich. Investors now forecast the stock rising to US$ 0.0014 during the next 12 months. The StockTargets consensus 12 months target was US$ 0.0009 recently.
The 12 months target by TTS Zurich for the stock is US$ 0.02, which represents an upside of 900%. These different targets can be reviewed by clicking the following link: http://www.stocktargets.com/cgi-bin/ticker.pl?command=PLNI.PK. Targets indicators on stocks are an aggregate of all the news, sentiment and forecasts available on the company at a given moment in time, as perceived by investors. Plasticon International Inc. website is http://www.plasticonintl.com.
Plasticon International, Inc. 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; plastic lumber, which are produced from recycled and recyclable plastics; and concrete-like products made from recycled glass. Plasticon International's line of rebar support products are used in the construction of bridges, highways, roads, buildings, and other infrastructure.
About StockTargets, Inc.
StockTargets, Inc. (http://www.stocktargets.com) is an investment banking and investor relations firm. Its Web site records all participants' sentiment, expressed as targets by its users. The StockTargets system, by building an investor sentiment indicator, attempts to gather and determine an measurement of all entries of users. The user's consensus target can be compared to targets provided by professionals, such as brokerage firms, analysts or fund managers. StockTargets Inc. was founded in 2005.
This press release contains forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. With the exception of historical information contained herein, the matters discussed in this press release involve risk and uncertainties. Actual results could differ materially from those expressed in any forward-looking statement. All trademarks mentioned in this text are properties of their respective owners.
CONTACT: Sean Kelly, StockTargets Inc Tel: +41 22 700 7648
M2 Communications Ltd disclaims all liability for information provided within M2 PressWIRE. Data supplied by named party/parties. Further information on M2 PressWIRE can be obtained at http://www.presswire.net on the world wide web. Inquiries to info*m2.com.
(C)1994-2006 M2 COMMUNICATIONS LTD
-------------------- 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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Nice unbiased report from StockTargets, read their disclaimer.
8. Possible bias in companies information. The profile of a company is not without bias, as it may be a company having paid for StockTargets services. StockTargets has been compensated in the past and can be compensated in the future for dissemination of company information on behalf of one or more of the companies mentioned in this Web site and/or to the public. Stocktargets has been compensated in the past for coverage of stocks in this Web site, or for third parties, who are non-affiliated.
9. StockTargets may hold stock. StockTargets may hold a significant position in a stock, for services provided, including dissemination of company nformation in this Web site and/or to the public. StockTargets may receive shares for its services from the companies. It may have had some shares and it may receive additional shares of the extension of its services. StockTargets may have received shares of a company profiled in this Web site prior to the dissemination of the information in this Web site and/or to the public. StockTargets may immediately sell some or any shares in a profiled company held by StockTargets and may have previously sold shares in a profiled company held by StockTargets. StockTargets’s services for a company may cause the company’s stock price to increase, in which event StockTargets would make a profit when it sells its stock in a company. In addition, StockTargets’s selling of a company’s stock held may have a negative effect on the market price of the stock.
10. Directors may hold stock. A director of, an employee of, a shareholder of, or an entity associated with StockTargets or any related company, officers, directors, employees or shareholders of such associated company may from time to time: * have a long or short position or holding in the securities or debt or options of such companies or models mentioned herein; * buy or sell or participate in an issue of such securities or debt or options; * provide corporate finance services to such companies or in relation to such securities or debt or options; * participate in entering data or forecasts on stocks; * work on public relations or investors relations mandates to such companies; * be represented on the Board of Directors or similar supervisory entity of such companies; * make a market in the securities or debt or options mentioned in these pages.
Posts: 5729 | From: Wisconsin | Registered: Sep 2003
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posted
PLNI -- Plasticon International, Inc. Com (5 Cents)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
Plasticon International Inc. Fights Back!
Plasticon to Launch Aggressive Campaign Against Shorters and Market Manipulators
LEXINGTON, KY, Oct 23, 2006 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PINKSHEETS: PLNI) announced today that it will be launching an aggressive campaign against shorters and market manipulators in an effort for PLNI shareholders to realize the true value from a company which has experienced sales growth in 2005 compared to 2004 sales levels, and continues to show dramatic improvement in 2006. Plasticon International recently announced that based on current sales rates in 2006 their wholly owned subsidiary Pro Mold is poised to achieve an additional 15% growth in sales revenues.
In a letter to the shareholders www.plasticonintl.com, Jim Turek announced today that it has ordered a current NOBO list from ADP Investor Communications. The NOBO, which stands for Non Objecting Beneficial Ownership list, shows a more complete corporate ownership profile than is available from the transfer agent alone through the DTC.
President and CEO James Turek stated, "We have periodically ordered the NOBO list and compared it with our transfer agents DTC list on several occasions in the last 24 months. Our management knew there was a significant failure to deliver position in our stock; however, until we were ready to execute our business plan to its fullest extent, publishing this list would have been of little consequence to the share price or benefit to our loyal shareholders. Our goal now is to identify and publish the continuous pattern established by brokers to short our stock with an ever-increasing size of failures to deliver. Upon the receipt of the current list and analysis by our SEC attorney, we will work closely with the SEC and all institutional holders to quickly resolve this failure issue."
Mr. Turek stated, "This is invaluable information for our shareholders and public to be aware of. Naked short selling (NSS) is literally an Economic Attack on our Financial Markets and small cap companies robbing millions of hard earned dollars from investors, and the ability for small cap companies to capitalize their operations and research in manner conducive to shareholder value. This practice distorts what would otherwise be a free market, in other words, a market where a share price value is dictated by supply and demand only, and not by the undue influence of naked shorters. Short selling manipulates the price and puts excessive downward pressure on the value of the stock. Short sellers buy back at a greatly reduced price taking millions of dollars in profit at the expense of the shareholders and the company. Because of the lack of brokerage guidance from the SEC, the shorting may continue as the PPS moves upward in a move to slow down the increase allowing the covering of short positions with legitimate shares. This continued short selling action may force Plasticon to continue to order updated NOBO lists to protect our long shareholders investment and the company from further attacks.
"We have all worked extremely hard to build a strong company. I will not allow short sellers and market manipulators to destroy the value we have created," stated Jim Turek, Plasticon CEO.
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, and 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.
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, PROJECTED GROWTH IN OUR SALES VOLUME, 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.
Plasticon International, Inc.: James N. Turek Sr. 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
posted
Good Luck ! Many have tried, all have failed.
-------------------- 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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