This is topic PLNI The Next Level...Share Buyback, More to Come in forum Micro Penny Stocks, Penny Stocks $0.10 & Under at Allstocks.com's Bulletin Board.


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Posted by Chopper on :
 
LEXINGTON, Ky., Aug. 24, 2005 (PRIMEZONE) -- Plasticon International Inc. (Pink
Sheets:PLNI) is pleased to announce that their Board has approved the retirement
of 200 million shares, the first step in a process designed to decrease the
total outstanding shares and increase shareholder value.

"We believe that the retirement of shares will add tremendous value for our
shareholders," said Jim Turek, President and CEO of Plasticon International.
"This is the first step in a share restructuring process. The restructuring will
be reflected in a share price that is more truly representative of the actual
value of Plasticon's shares. We firmly believe that this is in the best
interests of both our shareholders and the company."

Mr. Turek added that Plasticon International is committed to a program designed
to enhance shareholder value through a comprehensive strategy, starting with
this initial retirement. As a part of this restructuring strategy, the Company
plans to undertake a buy back program for still additional outstanding shares.

The retirement of 200 million shares is in addition to positive earnings.
Plasticon recently announced that it is profitable as of the second quarter in
2005. "We believe that the retirement of shares will be significant as the first
step in a process that should result in a better reflection of the value of
Plasticon's shares," Mr. Turek concluded.

The Company will be featured on Investor's Business Daily web site for 30 days
starting Monday, August 22, 2005:
http://www.investors.com/corporatenews/nw111.asp.

For more information about Plasticon International, please visit the Plasticon
International web site at www.plasticonintl.com.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and
distributes high-quality concrete accessories, transportation signage, plastic
lumber, and office supplies 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
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995
for all public news releases. Statements, which are not historical facts, are
forward-looking statements. The Company, through its management, makes
forward-looking public statements concerning its expected future operations,
performance and other developments. Such forward-looking statements are
necessarily estimates reflecting the Company's best judgment based upon current
information and involve a number of risks and uncertainties, and there can be no
assurance that other factors will not affect the accuracy of such
forward-looking statements. It is impossible to identify all such factors.
Factors which could cause actual results to differ materially from those
estimated by the Company include, but are not limited to, government regulation,
management and maintaining growth, the effect of adverse publicity; litigation,
compensation, and other factors which may be identified from time to time in the
Company's public announcements.

CONTACT: Plasticon International, Inc.
Investor Relations:
Matt Maguire
(866) 843-2775
 
Posted by bmarley5780 on :
 
Looking very good....

.02 breakout today?
 
Posted by mrgr8avill on :
 
Suffering from split personality disorder -- but still ove my PLNI no matter what thread I am on!
 
Posted by stockaholic on :
 
New thread. New investors! Lovin'it this morning! Let's hit .02!!!
 
Posted by mrgr8avill on :
 
<soft porno music in the background, red-lit room with 70's style furniture and a disco ball>

Oh, yeah, baby -- hit 19 and make yo daddy proud, sweetness
 
Posted by FatherOfTwo on :
 
Chopper... How about summarizing everything that PLNI is doing right now

1) Acquisitions and importance of each
2) Share structure
3) Audit, otcbb
 
Posted by George on :
 
Let's do it.....close the old thread and put a link to it...
 
Posted by mrgr8avill on :
 
Don't forget research on plastic rebar, contracts in the pipes, distribution deal, announced buybacks..... and on and on till the break of dawn
 
Posted by mrgr8avill on :
 
Old thread now has link to this one...
 
Posted by Bearclaw on :
 
Good idea Chop...George
Let's close the old thread and use this...Let's get some new blood...

quote:
Originally posted by George:
Let's do it.....close the old thread and put a link to it...


 
Posted by stockaholic on :
 
What's the L2 lineup? Need to get over that .019 hump
 
Posted by mrgr8avill on :
 
Who wants to do the catch-up -- Chopper, are you up to it?
 
Posted by George on :
 
Rahz

Put your buy order in at .02 to make sure you get filled [Smile]
 
Posted by George on :
 
L2 are realtime at:
http://www.pinksheets.com/quote/quote.jsp?symbol=PLNI
 
Posted by RahzM1ght on :
 
someone made a big buy will that help our stock price climb a lil more?
 
Posted by George on :
 
1,064,500 at .019 Thank you....whoever it was.
 
Posted by RahzM1ght on :
 
hmm slow drop
 
Posted by mrgr8avill on :
 
Guys, I will start the recapitulation post on PLNI unless someone else is doing it. Stop me now if you are doing it yourself...
 
Posted by stockaholic on :
 
quote:
Originally posted by George:
L2 are realtime at:
http://www.pinksheets.com/quote/quote.jsp?symbol=PLNI

I knew about those too...sorry and thanks!!
 
Posted by Chopper on :
 
Thank you mrgr8avill,
You are more than welcome to get this thread up to speed. GLTA [Big Grin]


quote:
Originally posted by mrgr8avill:
Guys, I will start the recapitulation post on PLNI unless someone else is doing it. Stop me now if you are doing it yourself...


 
Posted by KingSu on :
 
Turek will deliver every single outstanding item. Here is the list again:

1. Jim retires shares. DONE DONE DONE. And a buy back too!!!
2. SEMCO audit and acquisition completed.
3. SEMCO's products get picked up by BlueLinx.
4. ProMold audit and acquisition completed.
5. New domestic contracts announced
6. New international distribution channels and contracts announced.
7. PLNI audit completion and announced.
8. OTCBB application filed.
9. Plastic rebar development completed
 
Posted by mrgr8avill on :
 


[ August 24, 2005, 11:03: Message edited by: mrgr8avill ]
 
Posted by state780 on :
 
I wondered where everyone went.

thanks to grynder for pointing over here
 
Posted by RahzM1ght on :
 
i guess we get to see .017's again
 
Posted by Grynder on :
 
Mornin all !
Chop, Bear, Bmar etc.....

: )
 
Posted by George on :
 
Man look at all the little $100 sells they are using to bring this down some.
 
Posted by stickfigurefred on :
 
Possible DOT rebar approval will rock this company as well. Our highway firm will jump on it.
 
Posted by successinstock on :
 
the price manipulation continues i see.

lovin the news...

WAY TO GO JIM & CO....

btw....Mr. Turek "Super..plastic...man" is now my wallpaper on the PC.

Keep up the great work, we are behind you 100%
 
Posted by Chopper on :
 
Hey Grynder, Nice to see your alive after the run in with the wild life. LOL
This is a typical trading pattern in a run. Almost at the bottom for the next leg up.
 
Posted by mrgr8avill on :
 
A Brief Recapitulization of PLNI

The Company

Plasticon International is a 17-year old firm located in Lexington, KY. It is in the business of producing rebar supports, lumber, signage, and office products from recycled plastic. Of these, it's primary focus now is on rebar supports, with testing underway for plastic rebar. Its rebar supports have gained Department of Transportation approval for use in all 50 US states. The company is led by Jim Turek, CEO. Its website is www dot plasticonintl dot com Visit the Plasticon Website

The company provides FREE real-time Level 2's at their Investor relations page, See Real Time Level II Info

Where Plasticon Is

All historic PR's dating back to 2004 can be found at their website's press room, or by Clicking Here This is a brief outline of what I believe to be the most pertinent aspects of the company's recent history:



The Financials

A/S is in the range of 2 to 2.4 billion, with the most common figure being 2 Billion

O/S is in the range of 1.4 to 2Billion, with the most common data 1.4, and the most recent possibility 2.0

Float is approximately 400 million


The Bad

There have been two missed deadlines quoted by MR. Turek involving the audit deadline. No announcement of the Semco closure has yet been made. No recent update on the status of plastic rebar products.

The Good

Since hiring Big Apple Consulting (BAC), the company appears to be meeting its deadlines.

News of Semco deal closure is anticipated any day.

Today's retirement announcement is a good indication of the company's "putting its money where its mouth is."

BAC has produced an audit projection in the middle to end of September -- they haven't been wrong yet.

News of rebar testing could come any time.

The recent highway bill signing provides significant increases in the amount of future expenditures in public works projects throughout the nation.

Always do your own DD before making any investment decisions. This is by no means construed as a complete list of the company's history, projections, or risk. It is only intended to give a very brief overview of what this investment is to many of us on this thread.

[ August 24, 2005, 11:20: Message edited by: mrgr8avill ]
 
Posted by buckstalker on :
 
Yes...but the pps manipulation by the mm's wouldn't work if panic sellers would learn to hold...


quote:
Originally posted by successinstock:
the price manipulation continues i see.

lovin the news...

WAY TO GO JIM & CO....

btw....Mr. Turek "Super..plastic...man" is now my wallpaper on the PC.

Keep up the great work, we are behind you 100%


 
Posted by mrgr8avill on :
 
Let me know if I missed anything or got anything wrong and I will edit.
 
Posted by Grynder on :
 
quote:
Originally posted by Chopper:
Hey Grynder, Nice to see your alive after the run in with the wild life. LOL
This is a typical trading pattern in a run. Almost at the bottom for the next leg up.

This is my "pocket stock" Chop. Nice n strong as it climbs slow n steady. No desire here to flip or daytrade this one, too many good things happening here.

Grynder = 1
Elk = 0
 
Posted by Bearclaw on :
 
Morning Grynder..
How you doing? Haven't talked in a while...Damn MM's took the momentum out of it for now...It should bounce off 175/176 soon...It should challange .02 today. what's your thoughts Elkman?


quote:
Originally posted by Grynder:
Mornin all !
Chop, Bear, Bmar etc.....

: )


 
Posted by George on :
 
Rahz did you get back in yet? moving back up
 
Posted by mrgr8avill on :
 
Rahz -- I hope you got filled on that dip my friend...
 
Posted by Grynder on :
 
Doin good Bear, hope the same for you and yours. Had myself a nice lil vacation, just me and my oldest son but now back to the daily Grynd lol. It's up, it's down, but it climbs steady n strong over time. I like this one. No huevos here to flip it, with my luck I'd sell right before a mega run and miss all the fun.......
 
Posted by George on :
 
we should be pushing to stay at .019 today.
 
Posted by bond006 on :
 
this is a good idea fresh post it will be better for all of us
 
Posted by JasonTT on :
 
Great Job MGR!
 
Posted by bond006 on :
 
lots of sells coming in good get the weak out of the way quick so we can move up
 
Posted by mrgr8avill on :
 
Thanks JTT-- now we need to get the news out there. Obviously, pumping is pretty bad, bu we can get exposure without pumping by running searches on various boards.

I have made links to various searches for PLNI below. By several different ip's hitting these searches, we will increase the exposure of this stock on board central dot com. I have seen this make a difference before. I don't think it is underhanded or real pumping at all - it is just getting the interest up and letting people make up their own minds...

Every link is already done with PLNi -- except boardcentral. You have to do that one manually. The best way to get through this list is to right click on each linkl and "open in a new window" then close all the windows when the pages are done loading...

If you have a moment, search for PLNI on the following:


Search for PLNI at Board Central

Search Small Cap Center

Search Clear Station

Search Tradetrek

Search Investorshub

Search CBS

Stockhouse Search

Search Yahoo

Search MSN

Search Raging Bull

Search Silicon Investor

PS -- boardcentral is having some problems today, so if the first link doesn't work, be sure to try the rest....

[ August 24, 2005, 12:22: Message edited by: mrgr8avill ]
 
Posted by mrgr8avill on :
 
Volume is huge so far. Did everyone go to sleep on me?
 
Posted by RahzM1ght on :
 
looks like it might starting climbing again.
 
Posted by mrgr8avill on :
 
THAT's what I'm talking about! Nice Buy!!

8/24/2005 9:33:35 0.018 57142 Trade i
8/24/2005 9:33:35 0.018 241980 Trade i
 
Posted by StockHunter on :
 
mrgr8avill,
Thanks for the links - excellent useful post. A couple there I didn't have.

Here's one I find useful. Microcap actives list sorted by number of trades.
http://www.microcaptrade.com/pro/most/more_pink.jsp

Notice how HISC is most active and falling after gap up on day PLNI comes out with big news. Could be a lot of people shifting between the two.
 
Posted by Bearclaw on :
 
mrgr8...
thanks for the updates and the links...I'm thinking it should continue up this afternoon...Hoping to get into at least the 19's
 
Posted by Chopper on :
 
Ok we're just about out of Signals for the MM's to use. Let's move on back up!
 
Posted by DQ. on :
 
What IDIOTS want to sell now with the PR and future outlook. Lets make $10000 not $10

Where do yall see this closing today??.0185 to.019?
Gap in the AM?
 
Posted by bond006 on :
 
go plni go lets close at least at .019
 
Posted by bond006 on :
 
my god look at L2's its a sea of green
 
Posted by George on :
 
quote:
Originally posted by bond006:
my god look at L2's its a sea of green

Do you mean T/S?
 
Posted by bond006 on :
 
no just now
 
Posted by clbgroove on :
 
Lets see if I am correct here guys?

1.4b O/S and 400-500m in the float= .0199 pps at peak

2b-2.4b? O/s and 500m in the float= .019 pps

Hmmmmmm.....I raise ya 600-990m and give ya back 200m?????

Where do I sign on for this deal, I am and have been a very true and long holder all along!!

However I am hoping there is a string of good news coming and I believe there is but this by itself aint gonna "git-r-done"
 
Posted by bond006 on :
 
good thing it did not drop to .01 imagein what cold up here would have been like to live with. speaking of cold where is he? the pps could use a good kick right now he could be the one to personly be responsible for breaking the .02 barrier
 
Posted by mrgr8avill on :
 
Those were some good buys right there -- I just can't believe there are so many sellers...
 
Posted by bond006 on :
 
you can say that again mr. avill
 
Posted by cyclekitty1 on :
 
*raises hand* what do you mean 10,000 price where this came on the radar profits should be more like 110,000.
Good Luck everybody!
 
Posted by Thorn on :
 
Looks to be making one last attempt at a hod.

Bah. Wishful thinking [Smile]
 
Posted by zrascal on :
 
When will the buyback begin? We still have no audit results? This hopefully will be my kids college education fund. 2 million and in for the long haul.
 
Posted by George on :
 
Not a buy back a retirement. There may be a buy back some other time.
 
Posted by successinstock on :
 
s/p is disappointing with such good news, however, this increase is just the beginning.

what i liked is the launch of s/p at market with this type of news.

i would expect with further developments with PLNI, the MM's won't be as lucky to put a leash on the s/p.

i added more today. glta
 
Posted by Pagan on :
 
quote:
Originally posted by George:
Not a buy back a retirement. There may be a buy back some other time.

I believe zrascal was referring to this from the PR...

Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares.
 
Posted by George on :
 
what a beating today but too many things coming to try and flip it today
 
Posted by DQ. on :
 
I'm puzzled that we opened at .017 had a big PR and we are hovering around the opening price at close. Doesn't add up.
 
Posted by clbgroove on :
 
yeah and it doesnt add up that i put a 100k AON order in at the ask of .0174 and didnt fill in the last 3 mins.

Usally goes right through within 20-30 secs.

So where are all the sellers?????
 
Posted by DQ. on :
 
Oh well, We'll see what tomorrow brings. I really thought we would easily bust the .02 wall today. Shows what I know.
 
Posted by state780 on :
 
quote:
Originally posted by clbgroove:
yeah and it doesnt add up that i put a 100k AON order in at the ask of .0174 and didnt fill in the last 3 mins.

Usally goes right through within 20-30 secs.

So where are all the sellers?????

If it makes anyone feel better, my Ameritrade streamer is showing a "last" transaction at .018, though my portfolio close for the day shows .0174.

yeah, i'm disappointed it didn't stay and go higher, but it's still a good day. As another board said, this is what happens when you have so many shares out there--and the track outlined by PLNI is destined to solve that problem.

To the guy who is banking on this for his kids' college fund, you are in exactly the right place at the right time. No worries there.

For mid-termers like me, I'm still feeling prety good about today. More news to come, heading in the right direction.

(I say mid-termer--I have some shares in an IRA and those are staying there about as long as college man. My other, taxable account, I'm hoping to make big bank in the next two months and let the rest of that ride for awhile)
 
Posted by mrgr8avill on :
 
I thought we would fly today, too, and it seems like we had the buying pressure to do it. What I am thinking in retrospect is that we might have had so many people so sick of waiting for something to happen that they took the first decent profit that came along. Hell, I remember getting into this thinking the aaudit was just around the corner, and I have been in the doldrums with everyone else. Just in the meantime, I found out enough about this company to actually care, and not sell.

Had I not have been as positive about the future of PLNI as I am, I probaly would have dumped today, too.

Hopefully today got rid of the VAST majority of those who were holding just long enough for something good to happen, and hopefully BAC knows better than to let this thing langusih for weks on end.

I bet you good money that they do know, and I bet you we will see more and more good news coming more and more rapidly. That's what it takes to get the momentum going. Next bit of good news I bet we only have a "normal" amount of people willing to dump at first sign of profit.

Makes sense to me that way, anyway.

Good news I am taking from it is that there is no doubt there are buyers out there ready to run this baby up to the big leagues once we get our momentum back [Smile]
 
Posted by state780 on :
 
and I should of course add, college guy, IMHO--I am no expert, this is just my opinion about the company's long-term prospects. I could be wrong.
 
Posted by DQ. on :
 
Well said Mrgr8avill...now lets have a Mrgr8a!!
 
Posted by Thorn on :
 
Man! You guys are investing to retire on it? Ha! I'm raising my boy to be a pro basketball player. That's a more sound investment than the stock market. [Big Grin]

Still, PLNI should amount to some nice spending money in the meanwhile. [Smile]
 
Posted by state780 on :
 
quote:
Originally posted by mrgr8avill:
I thought we would fly today, too, and it seems like we had the buying pressure to do it. What I am thinking in retrospect is that we might have had so many people so sick of waiting for something to happen that they took the first decent profit that came along.

yep, apart from whatever MM stuff goes on, that's a very plausible explanation.

One other item for more knowledgable people than myself to ponder is the shape of the volume. We ended at nearly 54 million shares. 24 million of that was in the first hour. it then moved fairly nicely to 34 million and then stayed near there for hours.
 
Posted by mrgr8avill on :
 
quote:
One other item for more knowledgable people than myself to ponder is the shape of the volume. We ended at nearly 54 million shares. 24 million of that was in the first hour. it then moved fairly nicely to 34 million and then stayed near there for hours.
That makes sense to me as well, we had a run momentum started, but once we hit the resistance from all the "been in this too long" sellers, the momentum faded and the buying pressure faded quickly.

Keep the news coming, Matt, and we will all be very happy individuals
 
Posted by mrgr8avill on :
 
God, it would be great to get the Semco news tomorrow morning!
 
Posted by cold_up_here on :
 
PPS is the same now as it was in late May! .02 barrier has never broke, not even intra-day! As soon as it reaches above the .018 mark, look at all the dumping! Like I said so many times before, nothing here is sustainable! I have no reason to up my GTC order. We all know PLNI will come right back down.
 
Posted by clbgroove on :
 
quote:
Originally posted by cold_up_here:
PPS is the same now as it was in late May! .02 barrier has never broke, not even intra-day! As soon as it reaches above the .018 mark, look at all the dumping! Like I said so many times before, nothing here is sustainable! I have no reason to up my GTC order. We all know PLNI will come right back down.

More importantly COLD.....it hasnt broken the .012 barrier since May either!!!

Correct me if my math is off a little......0174-.019 is a he77 of alot closer to .02 than it is to .0090 isnt it????

My Bad...only 90+%....where were ya earlier when we needed the cold factor to push us .019!!!!
 
Posted by mrgr8avill on :
 
Ahh, Cold -- I see you found the new thread, my friend... welcome as always!

Quite true about May, but you have your Cold mixed up. See, 20-below standing in the parking lot of a five-star lodge in Aspen is not quite the same as 20-below broken down and adrift 60 miles offshore in the Bering Sea.

Sure, it might FEEL 20-below in each circumstance, and it might BE 20-below in each circumstance, but the future prospects under each scenario are TOTALLY different Colds, Cold.

In May we were hoping for the Coast Guard. Today we are hoping the freaking valet comes to get our H1 before our woman freezes her 8-caret earrings off and bitches about it all night.
 
Posted by mrgr8avill on :
 
Well before next May, you will be Buahawahawhawhahwa-ing about your fill order at .09 -- but we will love you just the same.
 
Posted by mrgr8avill on :
 
AND ANOTHER THING before I realize I am talking to myself and go do it on another thread for a while...

This was the WORST POSSIBLE of the strong PR's we are expecting. hehehe -- wait the the real ones start
 
Posted by Bearclaw on :
 
I am a little taken back. They are retiring 200,000,000 shares and plan on more. The float is around 600 million. That's 33% of the float taken off the market and we closed at .0174.

I think additional news of significance will be at least a couple weeks down the road. I have to sit for a while and try to understand todays trading. This is not at all what I expected and am not sure at all what to expect over the next few weeks...Baffling!

quote:
Originally posted by state780:
and I should of course add, college guy, IMHO--I am no expert, this is just my opinion about the company's long-term prospects. I could be wrong.


 
Posted by clbgroove on :
 
Agreed Bear.....makes ya wonder what is really up???
 
Posted by mrgr8avill on :
 
Think about it Bear -- We had people in this issue since the middle of July just waiting for news that was supposed to come any day. I have been in ICMH for what seems like an eternity waiting for news. I know that when it comes, I am dumping just to get the hell out. I am sure that a lot of people were in a similar situation today with PLNI. They may not believe as strongly as some of us in the future, or even consider it a long-term play. They were just happy to get some money back after a MUCH longer than anticipated holding period. We have rid ouselves of them now, I hope, and I am willing to bet that the next run will be much more significant provided it is not over a month behind the hype.

quote:
Originally posted by Bearclaw:
I am a little taken back. They are retiring 200,000,000 shares and plan on more. The float is around 600 million. That's 33% of the float taken off the market and we closed at .0174.

I think additional news of significance will be at least a couple weeks down the road. I have to sit for a while and try to understand todays trading. This is not at all what I expected and am not sure at all what to expect over the next few weeks...Baffling!

quote:
Originally posted by state780:
and I should of course add, college guy, IMHO--I am no expert, this is just my opinion about the company's long-term prospects. I could be wrong.



 
Posted by bond006 on :
 
why of course it is baffeling plni is the most hard to get rid of stocks i have ever owned i have made good money in it sold and wished i would not have repurchase and we have a day like this every thing in the world going for it and it does nothing. the smartest thing they have done is hire bac the only way we are going to make bank on this baby isto get new blood to invest in this and that is exactly what matt is doing. i agree with mr avill that there are so many long term investors out there that are frusturated they sold on the first couple of days of profit if they keep the pr's coming and they have some meat we will get to .03 pps quick if they stop now we sink back to our trading range of .012 to .015 until some thing changes if we could just break .02 and hold it. see you peeps tomorrow glta god bless
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by Bearclaw:
I am a little taken back. They are retiring 200,000,000 shares and plan on more. The float is around 600 million. That's 33% of the float taken off the market and we closed at .0174.

I think additional news of significance will be at least a couple weeks down the road. I have to sit for a while and try to understand todays trading. This is not at all what I expected and am not sure at all what to expect over the next few weeks...Baffling!

quote:
Originally posted by state780:
and I should of course add, college guy, IMHO--I am no expert, this is just my opinion about the company's long-term prospects. I could be wrong.


Bear... actually, the outstanding share structure was:

2 Billion Authorized
1.4 Billion Issued
900 Mill Restricted shares owned by Turek

500 Mill Tradeable Float


The "Tradeable Float" amount does not change, it is the issued and restricted shares that change...

The new calc's are:

2.0 Billion Authorized
1.2 Billion Issued
700 Million Restricted
500 Million Tradeable Float

The real benefit is the profit/earnings are spread across a smaller amount of shares for calculations to determine true value...

Hypothetically, if the earnings are $12,000,000 year, then before the retirement, the eps (earnings per share) were $12,000,000 / 1,400,000,000 = $.0086... Times a 10 multiplier = $.086 pps target

Now, the same $12 Million divided by 1.2 Billion = $.01.. times the 10 multiplier = $.10 pps target.

That is a 16% increase in value of your stock on a pps basis!

I say... keep retiring those shares Mr. Turek.. and while your at it... start buying back some stock at these primo discounted prices! [Big Grin]
 
Posted by Stock Jockey on :
 
Be carefull Folks,
The share buyback is ongoing right now and will continue for the next few weeks. The company is also wooing fund managers to purchase as well; prior to Huge Material Anouncements. Hence the nice ad in the IBD. The short MM's will start to feel the squeeze, just as Big Apple put the hammer on them in the HISC stock. The float is going to continue to get tighter and the PPS should be as sweet as a ripe Melon by October.
ATTA BOY Jim Turek , keep up the Good Work!!!!!


quote:
Originally posted by zrascal:
When will the buyback begin? We still have no audit results? This hopefully will be my kids college education fund. 2 million and in for the long haul.


 
Posted by state780 on :
 
quote:
Originally posted by mrgr8avill:
Think about it Bear -- We had people in this issue since the middle of July just waiting for news that was supposed to come any day.

[/qb][/QUOTE] [/QB][/QUOTE]

For many, it's worse than that. I and many others, I am sure, came in during, May waiting for an audit within four weeks. Normally I wouldn't hold this long but I see real potential.

I'm green and could have made a decent profit today. I completely understand those who did, good for them.
 
Posted by mrgr8avill on :
 
Amen, State, and that is totally my point. The shareholders that sold today killed this run pure and simple. Matt brought the demand (claearly), and unfortunately, we had the supply to meet it in the 18's. I don't think many people on this thread sold today, but unfortunately we are not the holders of the whole float. I really couldn't blame someone for dumping today if they had been holding a one-week play for months and had the opportunity to make an exit play for a little cash.

If the supply wasn't there we would have hit .02 by lunch no problem.

Just please don't start thinking there is anything hinky with today's action -- it really makes perfect sense when you think about it. Next run should be really different because we won't have so many people who had been holding a lot longer than they had hoped.
 
Posted by bond006 on :
 
don't for get at 54 million share i think we have started to establish a much higher support levle imho
 
Posted by ed19363 on :
 
Think its about time to consider shooting the mm's who are screwing with the stocks.
 
Posted by Murnak on :
 
PLNI showing after hours trades @ .018!

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=plni&sid=0&o_symb=plni
 
Posted by DirtyDealer1123 on :
 
Is PLNI a gay stock. I am looking to invest in a Gaystock. Also after hour trading is BS on OTCBB so do not get hype over it....
 
Posted by cold_up_here on :
 
DirtyD, PLNI is not for you. I think QBID is more your style!

I really hope Plasticon doesn't have a PR today saying Semco is completed! It was very hard not to up my order today. I was thinking of raising it a tad to .0093, but decided against it! She'll fill soon. Patience is always a virtue! As for today's action- Bawahahahahahahaha!!
 
Posted by mrgr8avill on :
 
Actually, I am trisexual when it comes to stocks -- I will try anything@
 
Posted by StockHunter on :
 
quote:
Originally posted by FatherOfTwo:
[QUOTE]Bear... actually, the outstanding share structure was:

2 Billion Authorized
1.4 Billion Issued
900 Mill Restricted shares owned by Turek

500 Mill Tradeable Float


The "Tradeable Float" amount does not change, it is the issued and restricted shares that change...

The new calc's are:

2.0 Billion Authorized
1.2 Billion Issued
700 Million Restricted
500 Million Tradeable Float


According to Matt [a couple weeks ago], both the Authorized AND Outstanding/Issued was close to 2.0 Billion. More shares were issued to someone since the 1.4 Billion in their last SEC report. He would not/could not elaborate on how that could have happened given the PRs stating non-dilution of SEMCO and ProMold transactions. All he would tell me is that he did not think their statements were misleading, and that they would address the increase in outstanding shares in a future PR.

I was very dissappointed they did not clerify the current share structure after the retirement. For anyone new to the stock, that PR was meaningless. 200 million less that what? Many pinks make an obstacle course of inquiries into capitalization structure, but I was hoping for more from this company. When HISC retired shares, they clearly stated the new capitalization structure in the PR. PLNI should take a page from the HISC playbook and be more transparent and precise.

I am going on the worst case assumption that 2.0 Billion were issued prior to today's announcement, leaving 1.8 issued now. If somehow that number comes in lower I'll be pleasantly surprised.

As always, do your own DD. This is from my recollection of conversations I had with Matt, and IMO. You may want to call him to confirm your assumptions. BTW, he said he has no part in writing the PRs, those come directly from the company.
 
Posted by Bearclaw on :
 
FOT...
I didn't see anything from PLNI laying this out...Is this your conclusion or is this the accurate share count and reflect exacly where the 200 million shares is being deducted?
It would be nice to have this confirmed...Thanks buddy...


quote:
Originally posted by FatherOfTwo:

2 Billion Authorized
1.4 Billion Issued
900 Mill Restricted shares owned by Turek

500 Mill Tradeable Float


The "Tradeable Float" amount does not change, it is the issued and restricted shares that change...

The new calc's are:

2.0 Billion Authorized
1.2 Billion Issued
700 Million Restricted
500 Million Tradeable Float

The real benefit is the profit/earnings are spread across a smaller amount of shares for calculations to determine true value...

Hypothetically, if the earnings are $12,000,000 year, then before the retirement, the eps (earnings per share) were $12,000,000 / 1,400,000,000 = $.0086... Times a 10 multiplier = $.086 pps target

Now, the same $12 Million divided by 1.2 Billion = $.01.. times the 10 multiplier = $.10 pps target.

That is a 16% increase in value of your stock on a pps basis!

I say... keep retiring those shares Mr. Turek.. and while your at it... start buying back some stock at these primo discounted prices! [Big Grin] [/QB]


 
Posted by Chopper on :
 
Stockhunter,
I believe that the added shares that blind sided us were authorized for procuring a number of services and promotional advertising.
These payments in stock could have been made to The Green Baron, The Wall Street Reporter, Investors Business Daily, Big Apple, Bill Howe(outside contractor) and the companies Plasticon is currently in the process of acquiring.
I am not shaken in the slightest with the additional shares and am rather impressed with the savy greesing of the wheels.
With the current campaign to reduce share count and promote the company Nationally and Internationally, expand through Stratigic Acquisitions and Partnerships Jim Turek continues to Aggressively move foward to create a company that is a Market Leader and Increase Shareholder Wealth as well as Value.
Plasticon's PPS by the end of October will be in the sweet spot and continue to grow aggressively as we move on to the OTC by the end of December at the latest and then 6 months to 1 year later the AMEX.
Semco's products alone will prove to be a very shrewd and wealth building acquisition on Jim's part. The distribution into companies like Home Depot and Lowes could prove to be Very Lucrative.
As far as where the shares are being taken from to reduce the share count doesn't really matter to me as this will be all a mute point in 6 months. Share structure means Nothing with the Proper Revenue to support it. The Better the Financials the better off the stock is. But I do believe Jim will continue to reduce the number of shares out there.
Jim, AKA (Plasticaon Man) has only just begun!

GLTA [Big Grin] [Wink]
 
Posted by Bearclaw on :
 
Traders Nation: Traders Nation Television -- Guest Visit by author Michael Solomon, "Success By Default: The Depersonalization of Corporate America"
8/25/2005 8:04:10 AM
Phoenix, Arizona, Aug 25, 2005 (M2 PRESSWIRE via COMTEX) -- Stocks covered throughout the show Traders Nation on (08.24.05) include: China Expert Technology Inc ( CXTI ), Plasticon Intl Inc ( PLNI ), Amnis Energy Inc ( AMNI ), S3 Investment Company, Inc. ( SEIH ), Mechanical Technology, Incorporated (NasdaqNM: MKTY)

Traders Nation Network and Traders Nation(tm), the largest syndicated "live" radio and television talk show for smallcap stocks under the parent company of Desert Son Media Corp., is excited to present Michael Solomon, "Success By Default: The Depersonalization of Corporate America," Friday, August 26th, at 11:06 am ET on Traders Nation(tm). Topic: In the cutthroat world of business, many aspiring moguls reject kindness as a virtue and develop a sharp competitive edge that can wound struggling colleagues. For those who wish to rise to the top without knocking others down, the author offers guidance in Success By Default: The Depersonalization of Corporate America. Viewers on the internet can see Traders Nation(tm) Television and guests at 11:06 am ET -- http://www.tradersnation.com/television.shtml, Channel 1.

About Michael Solomon

Michael Solomon was born in the Bronx, New York in 1944. After graduating Christopher Columbus High School, he pursued a college education and at that time, he discovered school was not for him.

After 15 years of police work, Michael entered the corporate world of finance, management and sales. He became disillusioned after losing three positions within three years. He had a style of management that very few companies adhere to today. He was admired by his peers and subordinates, but not his corporate superiors. After much frustration, he struck out on his own and became one of the most successful small businesses in his field. He was nominated twice by a national magazine as having the best company in America in his field.

After becoming successful, he returned to his old beliefs and started to take care of the less fortunate. His work for various charities with enthusiasm earned him the respect and praise of his community.

In the year 2000 he was honored as Man of the Year by the Rockland County, New York, Builders Association. In 2003, he was honored as Humanitarian of the Year by Meals on Wheels and praised by both houses of the New York State Legislature in a Senate and Assembly Resolution.

The Traders Nation Network: TradersNation.com hosts a network of nationally syndicated financial radio and television talk shows through various forms of broadcasting methods. Daily, web site visitors, listeners, affiliates and financial content distribution companies are able to access the most up to date market news, alerts and overall market commentary.

The Show named "Traders Nation": Multiple segments make up the 'LIVE' hour-long program where listeners and viewers gather daily to hear the latest smallcap news of the day and scheduled guests, from industry experts and CEO's. Traders also share investing, trading strategies and potential hot stock plays swirl throughout the call-in portion of the show.

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(C)1994-2005 M2 COMMUNICATIONS LTD ********************************************************************** As of Sunday, 08-21-2005 23:59, the latest Comtex SmarTrend(SM) Alert, an automated pattern recognition system, indicated a DOWNTREND on 07-11-2005 for MKTY @ $3.06. (C) 2005 Comtex News Network, Inc. All rights reserved.




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Posted by Thorn on :
 
A possible explanation: reduce the os + buy back shares = short squeeze on naked shorters.

But what do I know?
 
Posted by Bearclaw on :
 
Thorn...
I like your thinking...Plus it's short and to the point...

quote:
Originally posted by Thorn:
A possible explanation: reduce the os + buy back shares = short squeeze on naked shorters.

But what do I know?


 
Posted by DQ. on :
 
Will we be a gapper this morning? Looking forward to a good green day.
 
Posted by Dagger Depot on :
 
good green day = +.01%

Sorry...just not feelin it today...
 
Posted by bond006 on :
 
go plni another green day a new leaf
 
Posted by mrgr8avill on :
 
quote:
Originally posted by Dagger Depot:
good green day = +.01%

Sorry...just not feelin it today...

c'mon, Dag -- where's the lLOVE, man -- remember where we were just three days ago, my friend, and we ain't doin too bad at all. 130 to 174 ain't too bad!

I send you 2 mg of Xanax for this morning, with a possible follow-up of som Ativan to perk you up, brother.
 
Posted by bond006 on :
 
come on plni its time to come out swinging
 
Posted by RahzM1ght on :
 
hmmm its dropping a lil. it looks like it wants to see .0169. please don't.
 
Posted by RahzM1ght on :
 
why the drop all of a sudden?
 
Posted by DQ. on :
 
Yea, all of yesterdays gains gone...go figure.
Maybe if the O/S count was 10 we could break .02.
Kidding..it'll get there soon.
 
Posted by U4TSAF2 on :
 
Plasticon International Inc. to Retire 200 Million Shares
Wednesday August 24, 8:30 am ET


LEXINGTON, Ky., Aug. 24, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that their Board has approved the retirement of 200 million shares, the first step in a process designed to decrease the total outstanding shares and increase shareholder value.

``We believe that the retirement of shares will add tremendous value for our shareholders,'' said Jim Turek, President and CEO of Plasticon International. ``This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares. We firmly believe that this is in the best interests of both our shareholders and the company.''

Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares.

The retirement of 200 million shares is in addition to positive earnings. Plasticon recently announced that it is profitable as of the second quarter in 2005. ``We believe that the retirement of shares will be significant as the first step in a process that should result in a better reflection of the value of Plasticon's shares,'' Mr. Turek concluded.


WE'RE UPGRADING. WE'RE UPGRADING. WE'RE UPGRADING. OOPS, NO WERE NOT.

YES WE ARE.

NO WERE NOT.

YES WE ARE.

AUDIT SHOULD BE DONE BY X-DATE.

OOPS, CAN'T GET THAT DONE, WE SHOULD HAVE THIS DONE BY X-DATE. NOPE, NOT THAT EITHER.

MAYBE ON THE THIRD NOTICE OF UPGRADE, WE'LL GET THAT DONE.

NOPE BUT WE'LL JUST ANNOUNCE THE "RETIREMENT" OF SHARES.

WAY TO GO JIMBO. YOUR ABOUT AS ACCURATE AS CRAMER.

HAVE YOU HEARD ABOUT THE MERGER? FRANK THE FRAUD OLSEN AND JIMBO ARE BECOMING LIFE PARTNERS AND COMBINING QBID AND PLNI TOGETHER. WHAT A TEAM. SHOOT, THEY CAN ADVERTISE AT THAT TIME THAT THEY HAVE UPGRADED THEIR STOCKS 6 TIMES AND HOW THEY ARE IMPROVING SHAREHOLDER VALUE.

I TALKED TO JIM AND SPECIFICALLY SAID THAT THE UPGRADE WOULD HAVE TO BE DONE PRIOR TO THE MEETING WITH "INVESTORS." OR THEY COULDN'T APPEAR BEFORE THE GROUP WITHOUT UPGRADE? THAT WAS WHAT, IN JUNE?
 
Posted by bond006 on :
 
u4 i want to thank you for finding this post i was getting worried about you. did you ever get in at 1.2 like you said you were
 
Posted by RahzM1ght on :
 
.016 dam
 
Posted by RahzM1ght on :
 
HAHA ITS SYS ON SCOTTRADE THE PLNI STOCK JUMPED 882.76% GAIN. I JUST MADE 20 GRAND YAAAAAY. YEA RIGHT. I HATE IT WHEN THESE GUYS MISPLACE THE DECIMAL POINT.
 
Posted by Grynder on :
 
PLNI's PPS has increased over 400% in the last 90 day's or so. The gains have held strong for the most part with the normal settling after a run.

Chill Plasticonians, even marathon runners need to pace themselves.

In off road racing they have a saying...
"Slower is faster"

Slow n steady folks.....
patience or take your profits.
 
Posted by Felecia Gomez on :
 
Nice run were having today eh sista's.
 
Posted by buckstalker on :
 
There's that smell again.....
 
Posted by state780 on :
 
The pattern is that low volume allows the pps to leak away. We're at about 6 million after 90 minutes of trading; yesterday we hit 24 million in the first hour.

This says to me that mid & long-term investors still have condidence; day traders, not so much!
 
Posted by Grynder on :
 
quote:
Originally posted by Felecia Gomez:
Nice run were having today eh sista's.

Gender confusion = Generally associated with mental instability, signs of senility and general lack of intelligence.

[Razz]
 
Posted by Grynder on :
 

 
Posted by Grynder on :
 
whoops, please disregard this post.
 
Posted by JasonTT on :
 
Green Baron update just came out:
Plasticon Intl. (PK: PLNI)

PR Issued Yesterday Morning, Wednesday, August 25, 2005

Plasticon International to Retire 200 Million Shares

Plasticon remains one of our favorite long term stock plays. Although an audit to bring its shares to a better trading market has taken longer than expected, the Company appears to be aggressively trying to make it happen. Its CEO Jim Turek seems to really have shareholder interest in mind in this latest press release. Our conversations with the Company indicate that a significant reduction in the total outstanding shares from two billion to a much lower number will be activated without a split.

Technically, PLNI needs to break .02 per share on big volume to signal a new break out. The stock has struggled now three times to pierce this resistance. The Green Baron Report remains convinced that it’s just a matter of time before this happens. In the meantime, we continue to believe PLNI is a great buy on pullbacks.

LEXINGTON, Ky., Aug 24, 2005 - Plasticon International Inc. is pleased to announce that their Board has approved the retirement of 200 million shares, the first step in a process designed to decrease the total outstanding shares and increase shareholder value.

"We believe that the retirement of shares will add tremendous value for our shareholders," said Jim Turek, President and CEO of Plasticon International. "This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares. We firmly believe that this is in the best interests of both our shareholders and the company."

Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares.

The retirement of 200 million shares is in addition to positive earnings. Plasticon recently announced that it is profitable as of the second quarter in 2005. "We believe that the retirement of shares will be significant as the first step in a process that should result in a better reflection of the value of Plasticon's shares," Mr. Turek concluded.

The Company will be featured on Investor's Business Daily web site for 30 days starting Monday, August 22, 2005: http://www.investors.com/corporatenews/nw111.asp.

For more information about Plasticon International, please visit the Plasticon International web site at www.plasticonintl.com.

About Plasticon International, Inc.

Plasticon International designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.
 
Posted by George on :
 
That will help get the word out there. I am going to have a hard time watching today and tomorrow so I just hope we hang in there. I know we will though or I would of sold yesterday.
 
Posted by DQ. on :
 
Frustrating...share retirement..IBD and we fall. If this was a homeland security stock or software co. it would be at .05.
Guess a rebar support doesn't get people to excited. I'll just continue to watch the paint dry. [Frown]
 
Posted by bond006 on :
 
DQ i have said this before and i am glad you noticed that to plastic rebar is just not glamorus
 
Posted by bond006 on :
 
Plasticon Intl. (PK: PLNI)

PR Issued Yesterday Morning, Wednesday, August 25, 2005

Plasticon International to Retire 200 Million Shares

Plasticon remains one of our favorite long term stock plays. Although an audit to bring its shares to a better trading market has taken longer than expected, the Company appears to be aggressively trying to make it happen. Its CEO Jim Turek seems to really have shareholder interest in mind in this latest press release. Our conversations with the Company indicate that a significant reduction in the total outstanding shares from two billion to a much lower number will be activated without a split.

Technically, PLNI needs to break .02 per share on big volume to signal a new break out. The stock has struggled now three times to pierce this resistance. The Green Baron Report remains convinced that it’s just a matter of time before this happens. In the meantime, we continue to believe PLNI is a great buy on pullbacks.

LEXINGTON, Ky., Aug 24, 2005 - Plasticon International Inc. is pleased to announce that their Board has approved the retirement of 200 million shares, the first step in a process designed to decrease the total outstanding shares and increase shareholder value.

"We believe that the retirement of shares will add tremendous value for our shareholders," said Jim Turek, President and CEO of Plasticon International. "This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares. We firmly believe that this is in the best interests of both our shareholders and the company."

Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares.

The retirement of 200 million shares is in addition to positive earnings. Plasticon recently announced that it is profitable as of the second quarter in 2005. "We believe that the retirement of shares will be significant as the first step in a process that should result in a better reflection of the value of Plasticon's shares," Mr. Turek concluded.

The Company will be featured on Investor's Business Daily web site for 30 days starting Monday, August 22, 2005: http://www.investors.com/corporatenews/nw111.asp.

For more information about Plasticon International, please visit the Plasticon International web site at www.plasticonintl.com.

About Plasticon International, Inc.

Plasticon International designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.
 
Posted by DQ. on :
 
Maybe if the mold looked like a set of boobs with the rebar sitting in the clevage it would run to.05...might we suggest that to Jim? [Big Grin]
 
Posted by bond006 on :
 
new green baron update old news
 
Posted by bond006 on :
 
sorry jasonTT i should have checked better sorry for the repost
 
Posted by bond006 on :
 
green baron you are right three major moves at .02 and she couldn't get there close but no cigar it has been very sad indeed
 
Posted by cold_up_here on :
 
Not again! Hurry up cold, jump in cold, don't miss the boat cold, etc. How many times do we have to go through this? Nothing is sustainable here. I believe I mentioned it several times already. Until the massive .02 barrier falls, PLNI goes nowhere but down. One wrong move by management and my order will fill fast!
 
Posted by Chopper on :
 
Hey Cold,
Glad to see ya guy. The pps can officially rise now. LOL
 
Posted by bond006 on :
 
cold your an .02 run if there ever was one
 
Posted by Thorn on :
 
Just remember, we have to get there before we get there. The pps will go up, but not until things happen. Anything sooner is just icing, or a pump and dump [Razz] .


Ya know, with a stock like this one, it's better to own free shares--so you aren't so tempted to try to swing it. It's starting to remind me of GTE (aka GTEL).
 
Posted by clbgroove on :
 
Why in the hel would BEST jump on the ask at 15:58 @.0193 and be unpriced on the bid???

Something cooking or what??

Anybody with any words
 
Posted by Chopper on :
 
Best, NITE and SCHB is our SHORT Squeeze I am told. Watch for a short run.

quote:
Originally posted by clbgroove:
Why in the hel would BEST jump on the ask at 15:58 @.0193 and be unpriced on the bid???

Something cooking or what??

Anybody with any words


 
Posted by ed19363 on :
 
Either one I would like to have by the neck.
 
Posted by Chopper on :
 
Things to look for in the coming days and weeks.

* Share Buyback complete
* More Shares to be retired from the Market
* Short Squeeze
* SEMCO Acquisition complete
* Unaudited Results posted
* Promold Acquisition complete
* Huge Rampup of production by Promold
* New contracts for Semco products
* Audited Results Complete and Posted
* Applcation to the OTC/BB
* Huge Sales Campaign for the Spring Construction
Kickoff
* More contracts National and International
* Move to the OTC/BB

This is just a partial list of the many Great things to happen in the future. Please ad anything I may have omitted.

GLTA [Big Grin]
 
Posted by cold_up_here on :
 
* Share Buyback complete-I doubt it!
* More Shares to be retired from the Market-Don't count on it!
* Short Squeeze-While NITE's in control! No way!
* SEMCO Acquisition complete-Never even received an update on Semco!
* Unaudited Results posted-Audit? You mean the same audit that was suppose to be completed in mid June!
* Promold Acquisition complete-Pasticon has yet to close any acquisition's! How many now 4?
* Huge Rampup of production by Promold-Refer to last line
* New contracts for Semco products-Will never close deal!
* Audited Results Complete and Posted-Now your really smokin' something!
* Applcation to the OTC/BB-Ya, 2010!
* Huge Sales Campaign for the Spring Construction
Kickoff-If Plasticon is still around by Spring!
* More contracts National and International-Wouldn't count on it.
* Move to the OTC/BB-YA!
 
Posted by corndo on :
 
Been in this one for a while and have been nervous about trying to swing it. I thought I was going to this time, but my nervous hands wouldn't allow it. DANG!! I could have really improved my position and maybe even set myself up to ride some freebies.

Q: are the LONGS on this one swinging this also?
 
Posted by Thorn on :
 
If you are going to try to swing, just sell part of your position. That way, if you are wrong about the direction of the stock, you don't miss out completely.
 
Posted by JasonTT on :
 
I'm not swinging it here, I was burned with IGTN swinging (Well, still %200+ gain, but not the %900+ I could have had [Razz] ) so I'm hesitant to swing this one too.
 
Posted by SeattleWriter3d on :
 
I've been swinging PLNI for months now. The profits I have made on the swings far out weigh what I will have if it currently runs up now past .02 I currently need to replenish 500K worth to get back to my pre-swing level, and if it dips into the .015 - .014's I will once again start to add but the advice to swing only a portion of your position is very good as that is what I do just in case a run-up does occur.
 
Posted by Thorn on :
 
Of course, you have to have enough cash/shares to make it worth it vs the broker fees.

So Seattle, are you daytrading it or waiting a day for each trade? That's another significant limit.
 
Posted by Murnak on :
 
If you missed it before!
Some good information...imo
Business Plan download here:

http://www.savefile.com/files.php?fid=6551432
 
Posted by Felecia Gomez on :
 
Don't miss out on today's run. This thing is blistering. Gotta get me sum mo

Feces
 
Posted by clbgroove on :
 
this must be cold dumping all his shares to get it down to .0090 to fill his lower amounts.

.0146 and falling
 
Posted by cold_up_here on :
 
Hurry cold, jump in cold! Bawahahahahaha

I hate to say it but, I TOLD YOU SO! Right back down. Don't miss the boat cold, you can still get some for .0185
 
Posted by bond006 on :
 
well that was just a way to get you in cold i would certainly say if you bought a boat load at .0185 you would now be pumping instead of bashing hahahhah!!!!!!!!!!!!!
 
Posted by Thorn on :
 
Back up to .015 -- Bawahahahahaha!
 
Posted by penny-picker#1 on :
 
What the *^#%# is wrong with this piece of #$#$%^ ? [Mad]
 
Posted by shortnite on :
 
penny...don't look so short term. Good things are just around the corner.
 
Posted by bond006 on :
 
no doubt about we will hit 30 million shares traded
 
Posted by Thorn on :
 
29,995,441...

Close. Very close, but NOT QUITE!!

(hehe. just filling in for cold).
 
Posted by mrgr8avill on :
 
That is what we need -- sustained volume at any price but rock-dropping just long enough for the next news -- and it WON'T be as long as last time. They are on the right track now and won't let us languish in "what-the-hell-is-happening-land" like pre-BAC.

Cold.... Here boy....WHO'S A GOOD BOY?... Sit...Staaaay. Good Boy! We are gonna need you until next Wednesday or so -- after that, you can give up the powers of the dark side and join the force!

Actually, we have the makings of our own comic book superhero scenario. We have PLASTICMAN -- mild-mannered ex-pro football player disgused as Fred Mertz, who by day helps rid the world of its nasty dependance on steel while cleaning up the landfills and making decent, hard-working people enough money to put their kids through school or their spouses through liposuction. But by night, he must nleash the power within to do battle with the evil Professor Von Bloobalz, who as a child was constantly spanked with a plastic whiffle-ball bat. Also, our evil professor was poor, and had to endure the torture of going to school with a cheap, plastic lunchbox while all the other boys and girls had shiny polished steel lunchboxes. The proverbial straw for our young professor's back happened not long ago; he had a job sweeping the floors of a factory where they made lasers to read DVD-R drives -- after all of the torments he had endured as a young man, things were finally looking up. He had a good, minimum wage job, a steel broomstick , and finally, a woman. He didn't even mind the factory workers making fun of his clothes and calling him "professor" all the time -- he was about to be married, and he knew that on his wedding night, after 30-some odd years, he was finally going to be a man.

...INTERMISSION
 
Posted by mrgr8avill on :
 
....


At last, the big day came, Von Bloobalz stood eagerly at the altar waiting for his turn at greatness -- his life had finally begun. But after the cd of organ music had repeated itself three times, three of the five people in the wedding hall had gone home, and the minister had fallen asleep at the podium, he began to think that maybe something was wrong. He went to look for his betrothed, only to find a note. It read simply "I could never marry you -- I am in love with my little plastic friend."

Tears sreaming through his eyes, he ran in his rented light-blue tuxedo with yellow ruffled shirt and green bowtie to the only place that he knew he could be alone -- the factory. He knew the people he worked with (who named him "professor" becuaseof his goofy looks and the fact that he wasn't very bright with numbers and kept getting the decimal point in the wrong place on his timecards) would be gone on this Saturday. In his sorrow, he didn't notice the workers adding on the the building, and tripped over someting and flow head-first into a laser assembly machine. To this day, no one has been able to duplicate what happened next, but leading scientists speculate that it was a combination of the sudden jarring impact combined with the particular and varied wavelengths eminating from the menagerie of clothing colors never before seen on a single human being outside of clown school that caused the diodes within the particular laser assembly the professor slammed into to change ever so slighty....

Von Bloobalz regained his wits slowly and to a rumbling headache. As his vision began to return from some blinding light, he realized he was slying on the floor, staring back at what obviously had tripped him. He could not make it out entirely through the pain and humiliation of both the fall from grace and the fall from the table. And then, suddenly, it was all clear to him -- but it couldn't be...the workers, the building -- they were adding the reinforced flooring for the heavy assembly machinery expansion, and that meant what he was looking at was rebar -- what had caused the final humiliation on his most humiliating day was -- a pile of rebar! But it certainly wasn't normal looking rebar. The thundering pain in his heaqd began to work its way toward his chest and through his entire body, growing in intensity until he was trembling with the horrible realization that the rebar was .... PLASTIC!

He couldn't believe what he was seeing. He felt his face growing flush until his temples weree pounding with the fire of a lifetime of hatred. This plastic that had haunted him since childhood, ruined his wedding, and now driven home to him the fact that he would never be a man was now tanting him by replacing the steel in the very core of the floor he would have to sweep? He hated that rebar, he hated the man who ever invented it, and he hated...

Suddenly, in a flash of light and pain and confusion, the awful plastic rebar shattered into a million different pieces. Von Bloobalz did not take long in realizing that if he concentrated his hatred, he could focus a highly intense burst of tachyionic radiation that caused a synergistic endothermic frquency responce within the molecules of the recycled plastic, resulting in a dramatic RUD (Rapid Unplanned Disassembly) of the plastic rebar -- in other words -- something in his eyes had been changed when he hit his head on the laser, and he could now freeze recycled plastic into oblivion with only his hatred....

Within days he had perfected his skills and honed his loathing into a fine weapon that could be used at will to destroy anything and everything made from plastic. He was overwhelmed with glee each day as he went to the park and made children's soda bottle explode in their hands. The last vestiage of goodness in Bloobalz's heart was locked away forever as he giggled maniacally one afternoon in his neighborhood after making the bigwheel explode out from under a three year old while the poor tot was trying to set a new record for gowing really really fast down his parents' long and sttep driveway. But overwhelmingly fast as the joy had hit him, so too it faded -- He realized that the education of Professor Bloobalz would never be complete until he had destroyed all of the plastic rebar that had caused his final humiliation, as well as the man who was behind the introduction of such a foul scourge to the earth, and all of those whom had had any part in its quote-unquote BENEFIT to society closed quote.

The man who called himself "Professor" knew that class was about to begin as he boarded the Greyhound for Lexington, Kentucky. He couldn't help but utter a faint Bawahahahahaha to himself as he moved to the rear of the bus, in anticipation of the victory he knew would soon be his. Little did he know he was about to meet....

PLASTICMAN!!!!!!!!!
 
Posted by mrgr8avill on :
 
Just something to keep us busy during the slow days... Have a good weekend all!
 
Posted by pyro_11 on :
 
Playing submarine duty, thanks board for all the PUMPING. Averaged in @ .0185 eeeeeeerrrrrrrrrrr!!!!!!!
 
Posted by Bearclaw on :
 
Pyro...
I knew you were waiting for an entry...You must have jumped in the last run...I'm not sure if this helps but...after it runs it has seemed the low resistance is between .0135-.0145...It spikes in the .018's and has touched the .019's and then back to find it's low resistance...The audit is what everyone is focused on to get it out past .02...I can't help in predicting what may push it past that level...I was actually surprised the share retirement didn't at least approach the .02's...Maybe the audit will or maybe a combination of other things...good luck...

quote:
Originally posted by pyro_11:
Playing submarine duty, thanks board for all the PUMPING. Averaged in @ .0185 eeeeeeerrrrrrrrrrr!!!!!!!


 
Posted by pyro_11 on :
 
Bear.. thanks. I guess I should just hold. Would love this to trade at a higher level.
 
Posted by DQ. on :
 
We MUST run next week. Have held to long.
Goota go now!!!!!!
 
Posted by shomethamoney on :
 
Hi Everyone,

I have been reading up on this stock and also all of the posts on here. I see some of you feeling pretty lousy, but please don't sell out now. I can show you a screen print of where I bought 2 mil shares of BCIT at .0018 (which is where some of you are). If you look at their price just a month later from where I bought it, I would have been sitting on 80,000 dollars but I got anxious and sold (made a small amount). I feel like crap because now I am holding PYPR and CWMF and I wish that I would have the money right now to invest in these guys. Hold on one more month and then make a decision. Wait until the audit comes up you never know and the money you spent was a small amount by any calculations. I hope you all make it big, but I hope I get to get in with you!!!!
 
Posted by Vlad4 on :
 
Mrgr8aville, wow what a talent!
5 stars!
Have a great weekend all!
-Vlad
 
Posted by SeattleWriter3d on :
 
Thorn....to answer your question....I mostly swing trade. But at certain points with this stock, and with HISC and also DDSI I have sold off and waited for dips to buy back in. Usually 3 day runs, depending on how high the stock runs. I got in DDSI at .0002, out at .0034, back in again at .0009 and then out again at .0024. Now I am back in again at .0009, but with an extra 500K shares. NEVER do I sell my entire position and with PLNI, I am holding long on this and only swing 1/4 of my holdings as it will soon run up and pass the .02 and I want to have the majority of my shares still in tact. But in the mean time if it dips and continues to deep, I will continue to increase my shares and those are usually the ones I swing, not the base 4 Million shares I have in it. Rarely do I daytrade, I just don't seem to have the knack for it.
 
Posted by bond006 on :
 
here is a nice article for you bashers about one who took things to far. got this off of r/b


: iwannaride0
27 Aug 2005, 09:05 AM EDT
Msg. 11866 of 11867
Jump to msg. #
For you bashers, we know you're coming...

Clancy's Judgment Against Basher Upheld

Monday July 26, 12:19 pm ET

DENVER--(BUSINESS WIRE)--July 26, 2004--Clancy Systems International, Inc. (OTCBB:CLSI - News), a leading developer of parking enforcement solutions, was notified on Friday that it's judgment against a basher who had harassed the company for almost three years at various chat room sites, including Raging Bull, was upheld by the Massachusetts Supreme Court. The Company intends to pursue the judgment award.

In a case originally filed with the Superior Court of the Trial Court of the Commonwealth of Massachusetts in September of 2000, the Company sought the identities of John Does 1-10 and filed a claim for damages. This was done as a result of an ongoing barrage of false, defamatory and slanderous remarks about the Company, its officers, its employees and shareholders that were made on Raging Bull and other chat room sites. The persons who perpetrated these falsehoods did so by posting their remarks under alias identities. Once the true identities were disclosed, the individuals were notified to cease and desist their actions. One individual continued his activities which included profanities and death threats. As the postings by this individual did not cease, the Company pursued the case.

The Company was awarded a judgment against the defendant on October 31, 2001. The defendant then began a process of filing appeals through the Massachusetts Court System. The final appeal to the Massachusetts Supreme Court was filed in June 2004.

Throughout this lengthy process, the defendant never provided proof that he at any time owned shares of the Company. He never contacted the Company directly to verify information. It appears that this was a recreational activity. There were over 5,000 posts during the period, and on some days the posts were continual for 10 to 12 hours.

While the Company feels the verdict is just, Company officials expressed sadness that they were forced to take this matter to the courts in the first place. "It has been a terrible ordeal for the Company and its shareholders. We have spent a great deal of time on this matter and wasted valuable Company financial resources. While we understand that a forum like Raging Bull offers an opportunity for favorable and unfavorable comments about publicly held companies, this individual violated all terms of service and went beyond the acceptable rules for posting," stated L. Wolfson, a Company spokesperson.

This press release contains projections and other forward-looking statements within the meaning of Section 21E of the Securities Exchange Act of 1934. These projections and statements reflect the Company's current views with respect to future events and financial performance. No assurance can be given, however, that these events will occur or that these projections will be achieved and actual results could differ materially from those projected as a result of certain factors. A discussion of these factors is included in the Company's periodic reports filed with the Securities and Exchange Commission.

--------------------------------------------------------------------------------
Contact:
Clancy Systems International, Inc.
Stanley Wolfson, 303/753-0197
www.clancysystems.com

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)



[Eek!]
 
Posted by corndo on :
 
M8ville, cmon I'm at the edge of my seat. Where's episode II: when the Prof meets Plasticman? Is the RUD the only ability he has? Why is he catching a bus? Don't evil geniuses at least travel via hot air balloon or something? Tell us more. :-)
 
Posted by fast50gt on :
 
NEWS !!!!!

Plasticon's Attorneys have Completed Due Diligence for Semco Acquisition
8/29/05

LEXINGTON, Ken., Aug 29, 2005 (PRIMEZONE via COMTEX) --
Plasticon International Inc. (Pink Sheets:PLNI) today announced that Plasticon's attorneys have completed due diligence for the privately financed acquisition of Semco, Inc.

"We are very excited that this process is moving forward," said Jim Turek, President and CEO of Plasticon International, Inc. "We are currently awaiting confirmation of Semco's chemical process through an independent laboratory. We look forward to getting the results as soon as possible so that we can proceed."

According to Mr. Turek, there has been exceptionally strong interest in Semco's products among suppliers and distributors in the industry. Semco's revolutionary surfacing technology provides the only products on the market today that completely waterproof the structures they are bonding to. "Since our announcement about the letter of intent to acquire Semco, we have been inundated with phone calls and inquiries about Semco's product line," Mr. Turek said. "In fact, we already have ten potential regional licensees lined up to distribute Semco's products. The reason for this is simple: Semco's products are both essential and unique. They have the only product on the market which truly prevents water damage. This problem has always plagued the construction industry and costs the U.S. billions of dollars annually."

Like Plasticon International, Semco, Inc. has a deep commitment to being on the cutting edge of technology in their sector. Semco's products, which represent a significant technological advance in the industry, completely waterproof the structure they are bonding to. "Not only are their products unique," Mr. Turek said, "They also perfectly complement our recycled plastic rebar support products. This is product synergy at its best."

Mr. Turek continued, "A perfect example of how are products will work together is the application to bridge construction, which is a huge segment of the construction industry. A very high percentage of bridges are plagued with water damage problems, and that's why companies increasingly have turned to Plasticon's rebar support products. Now we have the opportunity to sell Semco's concrete coating products to those same customers, which adds a critical layer of waterproofing protection." Semco's products add years to the life of the structure by eliminating the absorption of water into concrete. Until now, water damage has corroded the metal rebar support which has been used in bridge construction in the past. "The combination of Plasticon's rebar supports, which are impervious to water because they are made from recycled plastic, and Semco's surfacing products, which completely waterproof the structure they are bonded to, is unprecedented in our sector," Mr. Turek said. "These two products, offered together, offer the perfect waterproofing solution for the construction industry."

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces and distributes high-quality concrete accessories, transportation signage, plastic lumber and office supplies 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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.

SOURCE: Plasticon International, Inc.

Plasticon International, Inc.: Jim Turek, President and CEO 3166 Custer Drive, Suite 101 Lexington, Kentucky 40517 web site: www.plasticonintl.com Contact Investor Relations: Matt Maguire Ph: 866 843 2775

(C) 2005 PRIMEZONE, All rights reserved.
 
Posted by mrgr8avill on :
 
I KNEW they were smart to hire BAC -- no more languishing in the lack-of-news doldrums forever. Rock on baby!

Chapter Two of our comic book saga, tentatively entitled "Plasticman Teaches Professor Von Bloobahlz aka Mr. Cold Where to Put His Decimal in GTC Orders" mightbe finished sooner than anyone thought [Smile]

Good luck today all and don't stress, Pyro -- methinks you will be quite happy you got in at 18 come pumpkin carving time!
 
Posted by state780 on :
 
quote:
Originally posted by fast50gt:
NEWS !!!!!

Plasticon's Attorneys have Completed Due Diligence for Semco Acquisition
8/29/05

LEXINGTON, Ken., Aug 29, 2005 (PRIMEZONE via COMTEX) --
Plasticon International Inc. (Pink Sheets:PLNI) today announced that Plasticon's attorneys have completed due diligence for the privately financed acquisition of Semco, Inc.


I'd love to be proved wrong, but I doubt this will help us much. It's another soft PR. It *is* good to see Semco mentioned after being silent on that score for awhile, but more so for long-term holders than the new-blood interest we need.

I mean if an announcement of the retirement of 200 million shares isn't going to move us, I doubt this well. The Semco move arrives upon closing the deal.

But again, would love to be wrong.
 
Posted by Bearclaw on :
 
State...
I don't think your evaluation is way off...we may run some here but it's not a streaking PR as far as the PPS is concerned.. Good to hear the acquisitions almost done...

quote:
Originally posted by state780:
quote:
Originally posted by fast50gt:
NEWS !!!!!

Plasticon's Attorneys have Completed Due Diligence for Semco Acquisition
8/29/05

LEXINGTON, Ken., Aug 29, 2005 (PRIMEZONE via COMTEX) --
Plasticon International Inc. (Pink Sheets:PLNI) today announced that Plasticon's attorneys have completed due diligence for the privately financed acquisition of Semco, Inc.


I'd love to be proved wrong, but I doubt this will help us much. It's another soft PR. It *is* good to see Semco mentioned after being silent on that score for awhile, but more so for long-term holders than the new-blood interest we need.

I mean if an announcement of the retirement of 200 million shares isn't going to move us, I doubt this well. The Semco move arrives upon closing the deal.

But again, would love to be wrong.


 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
State...
I don't think your evaluation is way off...we may run some here but it's not a streaking PR as far as the PPS is concerned.. Good to hear the acquisitions almost done..

[/QUOTE]

well, if it keeps us from leaking pps, I'll take that.

And speaking of leaking, not to go too far OT, but God bless & help the citizens of the South, particularly in New Orleans.
 
Posted by DQ. on :
 
Ditto,
I doubt we go anywhere with this news.
Might get to .0155
 
Posted by Dagger Depot on :
 
"A perfect example of how are products will work ..."

geez guys!
 
Posted by RahzM1ght on :
 
DQ We are at .0155 now. Hopefully goes up higher though.
 
Posted by bond006 on :
 
all pr is something rather than sileince,which if you are sileint to long pps goes down. as long as you have some meat once and a while
 
Posted by bond006 on :
 
great volume today
 
Posted by mrgr8avill on :
 
quote:
Originally posted by bond006:
all pr is something rather than sileince,which if you are sileint to long pps goes down. as long as you have some meat once and a while

That's my point -- no big PR today but it keeps the liquidity of the issue up and the pps stable so people who want to get out can -- that way when we get a strong one like last week we don't spend half our volume eliminating holding pressure.

THAT's the real good news IMO about this PR -- keeping things moving and ready to rock.
 
Posted by George on :
 
Guys I had to jump out today. I set my sell at .0156 when the bid was at .0152. They took them all. I had some unexpected car trouble on my daughters car. Hopefully I can get back in soon. Good luck, I do not want to watch because when ever I sell stocks take off. So you guys should have a good week...
 
Posted by state780 on :
 
quote:
Originally posted by George:
Guys I had to jump out today. I set my sell at .0156 when the bid was at .0152. They took them all. I had some unexpected car trouble on my daughters car. Hopefully I can get back in soon. Good luck, I do not want to watch because when ever I sell stocks take off. So you guys should have a good week...

good luck, George, sorry for the bad break.
 
Posted by clbgroove on :
 
where the he77 is Cold when ya need him. All he has to do is show up once and take us back into the 16's!!!!
 
Posted by Dagger Depot on :
 
quote:
Originally posted by clbgroove:
where the he77 is Cold when ya need him. All he has to do is show up once and take us back into the 16's!!!!

We dont "need" him today. Wait until the good PR later in the week. That is when we need him. What this stock does in the meantime really doesn't mean anything to us mid- and long-term holders.

I'm not certain a good PR will come out this week, but I strongly feel it will. JMHO
 
Posted by cold_up_here on :
 
"We believe that the retirement of shares will add tremendous value for our shareholders," said Jim Turek, President and CEO of Plasticon International. "This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares.

Tremendous value? So instead of 13's it's 15's? My definition of tremendous definitely differs from Jim's!


The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares.

As of today(8/29/05) I have concluded that Plasticon share value is in the .0075-.0099 range. This value per share is for Plasticon only. Semco,Promold,Audit completion are not included. I guess one could say that these are "Wild Cards".

As for today's action, Bawhahahahahahahahahaha!
 
Posted by DQ. on :
 
COLD...How many shares are you really holding???
Cmon man give it to me straight. U A PLAYA..
 
Posted by Stock Jockey on :
 
Darn it Cold,
Your supposed to bash during market hours. [Wink]

Today a Doji was formed.
The last two candlesticks formed a Bullish Harami Cross Pattern . This is a bullish reversal pattern that marks a potential change in trend. [Big Grin]

daclyyay[pb50!b100][vc60][iUo14!La12,26,9]&pref=G]Bar Chart
 
Posted by Homerunner on :
 
Plasticon Announces New Direct Customer Service Line With BLUELINX, the Largest Building Materials Distributor in the U.S.


BLUELINX Corporation, a Fortune 500 Company, Serves as Plasticon's Exclusive Domestic Distributor

LEXINGTON, Ky., Aug 30, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) today announced that the BLUELINX Corporation (NYSE:BXC) has a new direct customer service line for vendors who are interested in Plasticon's patented rebar support products. BLUELINX Corporation, the largest building distribution company in the United States, serves as the exclusive domestic distributor of Plasticon's patented recycled rebar support products.
"Our relationship with the BLUELINX Corporation continues to grow, and we couldn't be more delighted," said Jim Turek, President and CEO of Plasticon International. "Our exclusive sales agreement with BlueLinx gives us a major competitive advantage in our sector. As we continue to build the relationship, we will of course strive to improve our products and services. With that in mind, we are announcing a new direct customer service line at BLUELINX for vendors who are interested in ordering Plasticon's patented line of rebar supports. We will continually strive to provide the highest quality customer service in our industry. The Eastern Division of BLUELINX can be reached at 800-839-2588 -- please ask for Michael Thornton (ext-35547) or Thomas Fowler (ext-35562). The Western Division of BLUELINX can be reached at 800-830-7370 -- please ask for Mark Gariepy (ext-66069)."

A map of the Eastern and Western divisions of the U.S. for BLUELINX Distribution can be seen on the BlueLinx Corporation web site at http://www.bluelinxco.com/ourProducts/ContactInfo.asp or on the Plasticon International web site at http://www.plasticonintl.com/distributormap.htm.

For more information about Plasticon International, please visit the Plasticon International web site at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site for thirty days starting Monday, August 22, 2005 at: http://www.investors.com/corporatenews/nw111.asp.
 
Posted by DQ. on :
 
Well????? What will this puppy bring to the PPS?
Nice to see PR's rolling out. Just roll out the audit now.
 
Posted by Thorn on :
 
Under "Metal Construction Products":

"BlueLinx is one of the world's largest distributors of rebar. Rebar is furnished in several grades that vary in yield strength, percent of elongation, bend test requirement and chemical composition."

They don't seem to have a category for "Plastic Construction Products" yet. [Wink]

It's kind of funny, because the picture for remesh is a rusty roll of metal mesh. [Big Grin]
 
Posted by mrgr8avill on :
 
Like I said -- Matt is on the ball.. He is not going to let PLNI get away from people's minds. Very good news that the PRs are flowing if you ask me (and you didn't), but any doubts I had two weeks ago have been reduced by 99%, and I now consider PLNI as the "safest" of my pinks. Real growth potential here. Still risk, yes -- but they surely do appear to be on the right road now.
 
Posted by Homerunner on :
 
From RB:
>>Folks, this is huge news. Bluelinx has just confirmed for those few who doubted PLNI that this in a legit company. In fact this is a HUGE company. Bluelinx has 3 people working on PLNI products. That is immense. Orders must really be going out the gate.

For Bluelinx to commit 800 resource to PLNI means this is more than legit, this is huge.<<
 
Posted by state780 on :
 
quote:
Originally posted by Homerunner:
From RB:
>>Folks, this is huge news. Bluelinx has just confirmed for those few who doubted PLNI that this in a legit company. In fact this is a HUGE company. Bluelinx has 3 people working on PLNI products. That is immense. Orders must really be going out the gate.

For Bluelinx to commit 800 resource to PLNI means this is more than legit, this is huge.<<

I don't know how huge it is--but it's good for sure. that's right, as far as conferring legitimacy is concerned.
 
Posted by Dagger Depot on :
 
I love it when we get good news...and go straight to the red... *sigh*...lol


I still hold my ground. What this does today or tomorrow means nothing to us mid- and long-term holders. We know wussup.
 
Posted by Thorn on :
 
Why does that surprise you? Whenever a pink gets good news the MMs send it down to get more shares. This is to be expected just pior to any kind of run (no matter how long, short or lacking the run ends up to be).
 
Posted by cold_up_here on :
 
Good job NITE! Hold er' down boy. Bawhahahahahaha!
 
Posted by Chopper on :
 
Get to work Cold,
Your not bashing hard enough. We need a little pps push up.
 
Posted by state780 on :
 
From another board--
quote:
This post was taken from another board. There are a number of folks here who doubt PLNI's credibility, including me. The poster below who is reliable - I know him - called BlueLinx about Plasticon. His conversation which I have no doubt took place, should lend a lot of validity to Plasticon.

The post has been changed only to remove the poster's name. Read on.

Guapo

Start post from other board:

As a graduate of the Guapo Cynical Investors Institute, I made some Due Diligence phone calls today to BlueLinx, and actually got a return call from a gentleman who handles their Eastern concrete products division.

I asked him point-blank if PLNI is actually selling products through them, and he confirmed they are and rattled off the various warehouse locations across the country where PLNI products are shipped from. He went on to say that they have had an affiliation with them for the past 3 years. This is when BlueLinx was part of Georgia Pacific and PLNI was Wicklund Holdings. PLNI has been selling their plastic recyled products for at least that long with this large, national distributor.

I then asked him if they are actually filling orders for PLNI products and he emphatically stated they are.

Snipped from the BlueLinx web site:

Reliable distribution
As the largest building products distributor in the industry, BlueLinx is positioned to deliver on our promise. Headquartered in Atlanta, with over 3,300 employees, BlueLinx operates in all of the major metropolitan areas of the United States through our network of 63 warehouses and many third-party operated warehouses.

Over 900 trucks deliver to more than 11,700 customers, including building material dealers, industrial manufacturers, modular and manufactured housing producers and home improvement retailers. We also offer a growing selection of distribution services that use our transportation assets and facilities. A sophisticated logistics network ensures that our customers can count on us for reliable, efficient deliveries.

BlueLinx trades on the NYSE and is at $9.81 this morning.

This is causing me to look at PLNI in a different light. I will still wait until the audit is complete and they are off the Pinks before buying more. In the meantime, I will swing-trade it.

Based on this verification of their product sales on a national basis through a major distributor (not even counting R&S Manufacturing), I have more confidence that they will actually complete the audit sometime in the near future. It just wouldn't make sense that a Pink Sheet penny stock company would be in the game with the big boys.

I am still waiting on return info from R&S Manufacturing and Pro Mold. If I get anything further, I will post the DD results.

GLTA,

I don't think this has been quoted here, so apologies in advance if it has.
 
Posted by DQ. on :
 
Thanks State...looks good.
 
Posted by mrgr8avill on :
 
Slow day today all the way around it seems. We're still holding strong though. Just waiting for the good news to come [Smile]
 
Posted by state780 on :
 
quote:
Originally posted by mrgr8avill:
Slow day today all the way around it seems. We're still holding strong though. Just waiting for the good news to come [Smile]

You know, I wouldn't expect a PR to follow only one day after yesterday's--but even if one had been scheduled, I wonder if it might be held back so it won't get buried in all the New Orleans/Gulf Coast disaster news.

God bless them and help them.
 
Posted by RahzM1ght on :
 

 
Posted by RahzM1ght on :
 
dam we finished back in the .014's, yuck I lost a lot money today [Frown]
 
Posted by cold_up_here on :
 
Bad news for PLNI. I remember Turek saying that a big negative for Plasticon was if oil remained high. Well, that statement was made when oil was around $40 a barrel. Now oil is at $70 and still climbing! Poor Plasticon-
*High oil continues
*No audit
*No update on audit progress
*Semco hasn't closed and looks like another delay
*Promold? Doubtful about completion
*Shares haven't been retired yet(200mill)
*O/S(with retirement)is still outrageous
*PPS turmoil
 
Posted by fast50gt on :
 
big negative for plni if oil remained high? i know you're the board basher cold, but come on. that's just retarded. i think you're high and that's a big negative on your portfolio outcome since you don't like plni.

anyways, high oil prices are NOT a negative by any means.
 
Posted by cold_up_here on :
 
Those were the words of your great ceo Jim Turek, not mine! Ceo-webcast or Green B. can't remember which. Anywho....getting closer to my order everyday! We will definitely see sub-penny soon.
 
Posted by Jerm on :
 
I can't really see how oil prices would effect Plasticon in anymore of a negative way that any other company... it takes lots of energy to make steel and Plasticon uses recycled (i.e. already exsisting) plastic.

I also wonder if both public and private companies in N.O. and the southeast coast won't be looking for less expensive building materials when they rebuild. They might just be more interested in plastic rebar and signs.
 
Posted by ed19363 on :
 
How do you think they heat the plastic to mold the signs and rebar?
 
Posted by BuyTex on :
 
as raw material, recy-plastic still ahead; yes, fuel cost more overhead. The tradeoff: public perception during these trying times--ie, how much demand for concrete rebuilding "the South" vs concern over oil?
 
Posted by Jerm on :
 
Find it hard to believe it takes more energy than making steel... but don't know. I'm assuming the CEO was refering to plastics being made from oil products. Honestly don't think oil cost is a big factor here but again, not my field. Time will tell.
 
Posted by beachboync on :
 
Okay,,No Matter what is done in the manufaturing business is going to be affected by oil.... Everything is going to be affected by high gas prices so why should plni be any different than any other stock for the most part they have not done well the last couple of days... but hang in there.. better days are coming.. I am in for the long hull
 
Posted by BuyTex on :
 
anybody see on the news that shot of the bridge with only supports, no deck? That was a HUGE bridge...I'm thinking lottsa smaller bridges were washed out, too...
 
Posted by DQ. on :
 
High oil prices make it a level field for all. PLNI's products will be in high demand with all the construction that will take place. Company should be very profitable no matter the cost of oil.
 
Posted by RahzM1ght on :
 
good start up 2.78%
 
Posted by Chopper on :
 
I',m wondering along the same lines as you Tex. Will money from the New 286 Billion Dollar Highway bill be diverted to the Huricane diaster area or will there be additional money earmarked for the rebuilding of the infrastructure there. The State Governments will have to move Quickly to bolster those local economies. Time to Help Our Fellow Americans and Now.


quote:
Originally posted by BuyTex:
anybody see on the news that shot of the bridge with only supports, no deck? That was a HUGE bridge...I'm thinking lottsa smaller bridges were washed out, too...


 
Posted by clbgroove on :
 
quote:
Originally posted by BuyTex:
anybody see on the news that shot of the bridge with only supports, no deck? That was a HUGE bridge...I'm thinking lottsa smaller bridges were washed out, too...

That was totally wacked out!!! I used to do concrete work and know first hand the size and weight of a slab of concrete that large, not to mention the hundreds of pieces of steel rebar that holds it together. It blew my mind and if I would not have seen it with my own eyes I would have NEVER believed it!!
 
Posted by Thorn on :
 
Some of you guys scare me. I wonder how you can buy into a company and not know basic facts like that the company uses recycled plastics to make their rebar...

I don't see the price of oil being that big of a factor for PLNI.
 
Posted by clbgroove on :
 
quote:
Originally posted by Jerm:
Find it hard to believe it takes more energy than making steel... but don't know. I'm assuming the CEO was refering to plastics being made from oil products. Honestly don't think oil cost is a big factor here but again, not my field. Time will tell.

It wont directly affect us because we use recycled that was already used and paid for, but it will affect the cost of the new stuff. I am beginning to think the company that is going to start refining methanol out of corn(ADM)to be used in the production of plastic rather than oil is going to be the play of the next 2 years,company is profitable and yields nice returns when oil is over $46 per barrel!!!!

As far as Turek saying high oil costs......that was due to transportation and shipping costs of the product coming to them for manufacturing, and then shipping finished product out.
 
Posted by George on :
 
quote:
Originally posted by Thorn:
Some of you guys scare me. I wonder how you can buy into a company and not know basic facts like that the company uses recycled plastics to make their rebar...

I don't see the price of oil being that big of a factor for PLNI.

Some of the most basic of facts are that there is no "plastic rebar"....they make plastic rebar supports, called "rebar chairs". I have heard that they are experimenting with plastic rebar. But as of now it is supports they make.
 
Posted by Thorn on :
 
Well, yes...

Whether it is rebar or rebar supports though, it doesn't really affect the stock price. Thinking that it is made straight from oil does affect the stock price!
 
Posted by bond006 on :
 
the price of oil is not a big factor at this time to plni as a matter of fact it is a plus unless this is a sustained position in our economy forever wich in case it will cause the recycle business to change to full other markets that did not exsits before and cause new industry to compete for recycles but this is far in the future and like all markets they change all the time either for social,ecoomic,or political reasons. but ask yourself this a lot of people that are supposed to be in the know are saying $4.00 a gallon by christmas that might not be out of the question since san franisco is at $3.50 now at places in the city. how many years do you think the consumer can handle that. or all the other industries that will be affected imho not very long until a change is forced
 
Posted by Thorn on :
 
Another point: steel industry signs contracts long in advance. The only issue for a steel company is when the contract comes up for renewal--not the day-to-day price of oil.
 
Posted by bond006 on :
 
good morning all hope we have a good friday and keep the good people that are victims of katrina in our thoughts and prayers
 
Posted by state780 on :
 
quote:
Originally posted by bond006:
good morning all hope we have a good friday and keep the good people that are victims of katrina in our thoughts and prayers

Good morning, Bond. I donated $40 to Catholic Charities, and I strongly encourage anyone who can spare anything to donate to the charity of their choice. Amazon.com and Google, for starters, have buttons up for contributions.
 
Posted by Thorn on :
 
Yeah, but watch out for scams.
 
Posted by shortnite on :
 
I can see you morons are too busy talking about things that do not affect the price of the stock. But if you look, there is big volume coming in and pushing the ask.
Love,
ShortNite
 
Posted by Bearclaw on :
 
Short...
I'm watching too...Shwb just moved to .016 on the ask...Schb and Nite have been controlling this puppy so far...All buys coming in now...

quote:
Originally posted by shortnite:
I can see you morons are too busy talking about things that do not affect the price of the stock. But if you look, there is big volume coming in and pushing the ask.
Love,
ShortNite


 
Posted by shortnite on :
 
Bear.
Smells like something good is in the works.
 
Posted by Bearclaw on :
 
It would be nice if schb and nite would let this trade based on supply/demand today...What you think the chances of that is?

quote:
Originally posted by shortnite:
Bear.
Smells like something good is in the works.


 
Posted by shortnite on :
 
Zero
 
Posted by Thorn on :
 
quote:
Originally posted by shortnite:
I can see you morons are too busy talking about things that do not affect the price of the stock. But if you look, there is big volume coming in and pushing the ask.
Love,
ShortNite

Heh, and just why should we care? We've already got our position in this stock, so we can chat until the volume does its thing. You can worry that ulser into a full grown medical condition; leave us to our banter, please.
 
Posted by shortnite on :
 
I've got my position, and my ulcer is based on greed.
I just miss the useful DD banter that was on the site before.
I'm sorry about interrupting you, please get back to your banter.
 
Posted by state780 on :
 
quote:
Originally posted by Thorn:
Yeah, but watch out for scams.

VERY good point.

Here's a long list of charities that's part of a blogoshpere fund-raising appeal. Lots to choose from, from a reputable source. If you're uncertain, it's never a bad bet to go with some of the big names--Catholic Charities, American Red Cross, Salvation Army, etc.
 
Posted by fast50gt on :
 
state, thanks for the post. i will be posting on rb and making a donation myself as well.
 
Posted by Thorn on :
 
quote:
Originally posted by shortnite:
I've got my position, and my ulcer is based on greed.
I just miss the useful DD banter that was on the site before.
I'm sorry about interrupting you, please get back to your banter.

lol. Hey, DD would be nice. Audit would be nice. I suspect we will just have to wait, however. [Frown]
 
Posted by shortnite on :
 
agreed
 
Posted by pensandoenti67 on :
 
ILCO going to be a 5x bagger check it out last three days
 
Posted by bond006 on :
 
i think you guys are great i gave my donation thru my church god be with those people they have a lot to over come over the next 60 days or so
 
Posted by morehotair123 on :
 
with all of the talk about the hurricane i figured that i needed some hurricane stocks plni hit the top of my list second choices were tnog witch looks great also and amep so i bought all three
after the clean up there is going to be chit loads of construction plni stands to sell more of these plastic supports than ever before.
LETS START MAKING MONEY
 
Posted by stolibox on :
 
stocks that cleanup i think will do well for that. i picked up a boatload of AW. Allied Waste. They are a big board, but pps at 8$. i think they'll do well. Cramer is on it as well, so watch it closely.
 
Posted by pennies2what? on :
 
Guys, this is my first "official" post. So, if I misrepresented something, please let me know.

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dc][pd12,2!c5!f][vc60][iut!Ub12!La12,26,9]&pref=G

If you look at this chart, take heed of the Bollinger Bands...

You'll notice that the RSI is trading comfortably in the 50 range with it only dropping below the 20 line only twice in the past year for very brief periods of time. So, get ready for a jump.

Also, the Bollinger Bands show a tight trading range just aching for a break out. Of course, our PR and audits won't hurt either.

Oh yeah, the MACD is trading pretty flat as well. You'll also notice from past months that flat MACDs were followed by gigantic increases.

This is just a note to remind us all not to give up. After all is said and done, charts don't lie. [Big Grin]

P2W
 
Posted by Chopper on :
 
Nice first post Pennies,
I tend to agree. Just in a holding pattern right now. [Big Grin]


quote:
Originally posted by pennies2what?:
Guys, this is my first "official" post. So, if I misrepresented something, please let me know.

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dc][pd12,2!c5!f][vc60][iut!Ub12!La12,26,9]&pref=G

If you look at this chart, take heed of the Bollinger Bands...

You'll notice that the RSI is trading comfortably in the 50 range with it only dropping below the 20 line only twice in the past year for very brief periods of time. So, get ready for a jump.

Also, the Bollinger Bands show a tight trading range just aching for a break out. Of course, our PR and audits won't hurt either.

Oh yeah, the MACD is trading pretty flat as well. You'll also notice from past months that flat MACDs were followed by gigantic increases.

This is just a note to remind us all not to give up. After all is said and done, charts don't lie. [Big Grin]

P2W


 
Posted by bond006 on :
 
good morning all i have to drop in more often and contribute because i still am one of the faithful. it hard to when you have so many sharp guy posting. glta go plni go!!!!!!!!!!!!!!!!!!!
 
Posted by Homerunner on :
 
Note to all Plasticons:
Larry Oakley has picked Plasticon as his stock pick in "****************.com".
 
Posted by Homerunner on :
 
The website is ****************
 
Posted by shortnite on :
 
wwwdot****************dotcom
 
Posted by shortnite on :
 
www . wall street corner . com
 
Posted by mrgr8avill on :
 
WOW What the HE77 was that?? Nice jump from 47 to 53 on 50 shares. Of course it happened while I was trying to fill an order. ARRGH!
 
Posted by Dagger Depot on :
 
Copied from Wall Street Corner dot com:
-------------------------------------------

Current Larry Oakley's Stock Pick:

Date Posted: 08/30/05

Plasticon International, Inc. (OTC Other: PLNI)

Here's a Real Find

PLNI, having begun in 1989 & profitable beginning in Q2 2005, designs, produces, & distributes high-quality concrete accessories, transportation signage, plastic lumber, & office supplies which are all produced from recycled & recyclable plastics. That makes PLNI a green company, environmentally-friendly. Its products are covered by issued patents & patents pending. It has applied for, & has been granted approvals for its products by the U.S. Department of Transportation & by every U.S. state & Canadian province. Its products are used in all 50 states, throughout Canada, the Caribbean, Latin America, Europe, the Middle East, & Asia.

Let's look at just one of its products -- it uses recycled plastics to make rebar supports.

That doesn't sound romantic, but the market for rebar supports is about $30 billion. The market for another of its product lines -- highway signage, is about $20 billion.

First, What is a Rebar Support?

When anything is built using concrete (bridges, buildings, highways, & almost any structure), it has to be reinforced with heavy steel bars. That's because concrete has strong compression strength, but can easily break if you try to bend it. We'll use the concrete beams in highway bridges as one example, but actually every structural item made of concrete needs those steel bars, called rebars. In the concrete beam, the rebars must be placed in very specific locations inside the concrete & have to be the entire length of the beam in order to make sure the beam will be strong enough to support both the static (weight that doesn't move) & dynamic (things like trucks that move) loads the beam will have to support.

If you just laid those rebars in the form used to make the beam without accurately positioning them, the beam would probably break before it is even put into place. To be able to make sure the rebars are in the exact positions that will make the beam strong, rebar supports are used. They are placed every few feet.

Why use PLNI's Patented Plastic Rebar Supports?

In the past & still in about 95% of the cases, the rebar supports have been made of relatively thin sheet steel that is bent into shape & strong enough to keep the rebars in place as the concrete is poured into the form used to make the beam.

That works, but there are two problems:

1. The steel rebar supports rust, & deteriorate in time (it's called concrete corrosion, & costs this country billions of dollars per year). That causes a void in the concrete. That in turn leads to breakage with pieces of the concrete breaking away. Have you ever seen a bridge with a piece of rebar sticking out from an area that has been broken off? That's what I mean. The result is that the beam often no longer has the strength to do its job -- pretty dangerous.

2. Rusting takes place as the concrete sets, which causes the outside of the beam to have rust areas. Because of this, Marriott, for example, wants its concrete buildings to look neat & clean, so began to use rebar supports made of stainless steel -- very expensive.

PLNI to the rescue -- here are just some of the advantages of its patented recycled plastic rebar supports:

• Far less expensive than stainless steel.
• Impervious to moisture.
• Does not conduct electricity.
• Does not rot, crack, splinter, or degrade.
• Uses environmental waste as raw material
• Will nor corrode, deteriorate, or decompose.
• Lasts forever.
• Many times stronger than steel.

My Opinion

This is another winning situation. CEO Jim Turek has transformed an industry. The revenue & profit potential of this situation is quite substantial. With about 95% of the $30 billion market for its plastic rebar supports still available, the size of the market is huge.

There are about 2 billion shares out, insiders own about 80%, & the float is about 500 million shares. As I write this today (8/30/2005 @ 3:02 p.m.), it is trading at a modest $0.015.

Go to www.plasticonintl.com, click on "About Us" to see examples where these products are already in place. Call PLNI's IR firm at 866-843-2775.
 
Posted by mrgr8avill on :
 
God I am starting to sound like Cold!!! Come on back down, baby, to fill my order!
 
Posted by Dagger Depot on :
 
um...its only up 1%. wouldnt think that would make much of a difference.
 
Posted by clbgroove on :
 
Article is written so the average person that knows nothing about concrete can understand, thats good.

We should have something decent coming this week now that the hurricane has taken a backseat to all the markets. No way in he77 they would have released something last week, I dont even think a fluff would have made it out if they had one. lol

GL all
 
Posted by mrgr8avill on :
 
Yeah I have a feeling that the next two weeks will be good. I am hoping that they have some cash to buy back some of the float now in the 14's. I won't make any predictions about the audit, but I am betting we will hear some order info. and Semco info. this week and next. It is totally clear that Matt and Big Apple will not allw this to fall from grace, and IMO last week's events, as tragic as they are, provided an opportunity to get in on this. Trying to find something positive out of last week, but man, if you pull the emotion out of it, it is a huge opportunity for our product. Hey, we didn't cause it and we all wish it didn't happen, but it did, and we are ready to help rebuild.
 
Posted by mrgr8avill on :
 
PS -- I like this stock so much I got my mom into it, and joined her on this board as well. I/we had better not be wrong [Smile]

Welcome, Omega, to the team!
 
Posted by Omega on :
 
Thank you - looking forward to the ride up!
 
Posted by mrgr8avill on :
 
Oh YEAH BABY! Like mother like son! There is some optimism for ya!

Jumping around like a bug on a hotplate today. Pretty whacky action after so long in the pop and drop. Just hope we get filled.

I have "Rocketman" stuck in my head today. Must be good.
 
Posted by mrgr8avill on :
 
Hey mom -- um "Omega" -- Did you get filled yet? I raised to 146 and still haven't gotten any love even though they are dropping to 145 for other orders. This bites because L2's say bid is 145 even though I changed my order to 146 like 45 minutes ago. I think Etrade does not like me today [Frown]

Anybody else filling today? What luck have you had?
 
Posted by ed19363 on :
 
Not buying....holding for news
 
Posted by nattty04 on :
 
Hopefully some good news tomorrow. I am in at .0151. So no biggie. Looking at sell of .019-.022
 
Posted by Bearclaw on :
 
Welcome to AllStocks "mom" um Omega...Your kid's doing good...

quote:
Originally posted by Omega:
Thank you - looking forward to the ride up!


 
Posted by mrgr8avill on :
 
THANKS, Bear!

HOT DAMN!!! I finally got filled (albeit only partially). Come on and sell to me at these levels, suckers!

Me luv you long time, PLNI
 
Posted by Omega on :
 
Thanks for the welcome, Bearclaw - the "kid" is right more often than wrong. Filled at .0146 and have seatbelt fastened!
 
Posted by mrgr8avill on :
 
Hey no fair! Now my mom is stealing my shares [Mad]
 
Posted by Bearclaw on :
 
Your welcome Omega...

Now then girl...sit back and enjoy the ride...This is probably a 12-18 month trip...lots of hills and valleys coming...When we get there I think it will be a pleasant arrival for you...

Good luck and if you need anything there are plenty of experienced and helpful folks on this thread following PLNI...They will be here in force when it starts to move...and...welcome again...glad to have you...

quote:
Originally posted by Omega:
Thanks for the welcome, Bearclaw - the "kid" is right more often than wrong. Filled at .0146 and have seatbelt fastened!


 
Posted by Omega on :
 
Sorry, young 'un, but you know how your Mom loves a rocky ride!

Again, thank you, Bearclaw -- I appreciate your courtesy and look forward to the input and insights I am sure that I shall find on this site.
 
Posted by mrgr8avill on :
 
quote:
Originally posted by Omega:
Sorry, young 'un, but you know how your Mom loves a rocky ride!

That's cool -- You can buy the first round of drinks in the PLNI millionaire's party. Besides, I suppose I owe you something for all those hours of hard labor it took to bring me into the world. [Roll Eyes]

I am hoping BAC gives us something Thursday instead of tomorrow because of the holiday. Give me one more day to load up.

I am with you, too, Bear -- IMO .02 might be a good break to play a swing, but it will be WAY history in Sept 2006. Hopefully by more than one digit!
 
Posted by mrgr8avill on :
 
Now that is just odd! How could it go to 45 while I am holding a partial fill at 46 since early this morning?
 
Posted by Omega on :
 
The pleasure has far outweighed the pain - first round on me! Need some input on charts - I do not find the ones my Broker has to be particularly useful. Best source?
 
Posted by buckstalker on :
 
Ameritrade...
 
Posted by Bearclaw on :
 
mrgr8avill Member

I am with you, too, Bear -- IMO .02 might be a good break to play a swing, but it will be WAY history in Sept 2006. Hopefully by more than one digit!
Now that is just odd! How could it go to 45 while I am holding a partial fill at 46 since early this morning?

mrgr8...
The mm's are holding your shares and filling below you...not unusual...hang in there buddy...
 
Posted by mrgr8avill on :
 
Well, today is the day for it I guess. I have four orders in above the highest L2 ASK and so far only the partial PLNI order has filled. I am starting to take it personally!

I have always harbored a belief that MMs give priority to orders that come with commissions. While several other brokers charge a .005 fee for penny trades, ETrade is still flat comission. In all honesty, why NOT take an order that includes a fee?

I use Q-charts for my charts, but I am not making a plug, because they are the first I found and I don't know if anything better exists out there. I just like it because I can track my portfolio in real time on one screen. Sucks they don't give Pink Level II's though.

Well, only got less than 50% of my order filled at 146 -- was hoping they would pick it up before EOD, but oh well. I will be checking Primezone at 5:30 PDT tomorrow (as always) to see if I screwed up or get a second chance to fill tomorrow.

Back to work now -- GLTA
 
Posted by mrgr8avill on :
 
Update brings it to just about what we got out of Matt last month...From Pinksheets


Outstanding Shares: 1,800,000,000 as of 2005-09-01
Estimated Market Cap: 26.46M as of 2005-09-02 (based on Outstanding Shares as of 2005-09-01)
Authorized Shares: 2,000,000,000 as of 2004-11-15
Float: 500,000,000 as of 2005-09-01
Number of Shareholders of Record: 693 as of 2004-11-15
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by Omega:
The pleasure has far outweighed the pain - first round on me! Need some input on charts - I do not find the ones my Broker has to be particularly useful. Best source?

Use www dot stock charts dot com

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[w,a]daclyyay[db][pb50!d20,2!f][vc60][iLh14,3!La12,26,9]&pref=G

The PLNI chart is looking pretty good for an entry point. The stochs are crossing and heading up, and the MACD is looking to cross as well!
 
Posted by morehotair123 on :
 
news is really getting out about plni i can see very good things coming very soon
 
Posted by McT on :
 
I know there was a discussion about the effect oil prices would have on Plastic(con). Right now we are competing against steel. Here is what an expert thinks will happen to steel prices.

http://money.cnn.com/2005/09/07/news/economy/steel.reut/index.htm

Good news for steel alternatives
 
Posted by DQ. on :
 
We are about due for a PR. Maybe tomorrow.
 
Posted by mrgr8avill on :
 
Yeah -- seems Matt was busy today getting a PR for our "sister" stock, HISC (I say sister because so many of us are in that one, too -- not because they are related in any other way than Big Apple Consulting handles their PR/IR). Not bad -- gives another day to load up for more [Smile]
 
Posted by Dagger Depot on :
 
A new dilemma...

I am so anxious about both this stock and HISC. Both of them are so potentially huge, it isnt even funny.

I have been holding both for several months, just waiting for a big hit. (I am up 85% in HISC). Still I know there will be 500%+ on either/both stocks within the next year.

I have a financial dilemma that will happen early next month and unless one of these hits big before then will be forced to withdraw all my funds from my ameritrade account.

Since I dont think either of these stocks have a chance of hitting big before then, it makes all this time seem like a waste to me.

What really sux is HISC will post their Q3 results just days after I withdraw.

GRRRrrRRRrr....what a crappy morning...
 
Posted by Thorn on :
 
Hmm. Actually, it sounds like you are in a good position, Dagger. Better that you get out and have the cash you need than stay in with money you should not be risking in the first place.
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
A new dilemma...

I am so anxious about both this stock and HISC. Both of them are so potentially huge, it isnt even funny.

I have been holding both for several months, just waiting for a big hit. (I am up 85% in HISC). Still I know there will be 500%+ on either/both stocks within the next year.

I have a financial dilemma that will happen early next month and unless one of these hits big before then will be forced to withdraw all my funds from my ameritrade account.

Since I dont think either of these stocks have a chance of hitting big before then, it makes all this time seem like a waste to me.

What really sux is HISC will post their Q3 results just days after I withdraw.

GRRRrrRRRrr....what a crappy morning...

I'm in a similar situation. I'm still confident in PLNI in the long run, but made my investment back in May with the expectation of something interesting within a few months.

Basically I have two accounts, one extremely long term, and the portion of that that's in PLNI will remain. But what I think of as my mid-term account--ach! Can't wait on PLNI much longer.
 
Posted by JasonTT on :
 
GL guys, i will be out for a few weeks on my honeymoon. I hope to come back to see great things!
 
Posted by cold_up_here on :
 
"Our legal counsel has just completed the initial due diligence on Pro Mold and has given us the green light with the acquisition, pending completion of Pro Mold's audit which should be finished in less than 30 days," continued Mr. Turek. "We are happy that this process has moved forward expeditiously, and we have set a tentative closing date for the first week in September".

Oh no...not another delay! What a great company to invest in. Still yet to close any acquisitions. Not even a mention of an audit update with all those PR's. Somethings not right boys. I smell trouble! Bawahahahahah!!!
 
Posted by DQ. on :
 
Glad to see ya back Cold...now maybe we'll move.
By the way...ever get that order filled??
 
Posted by cold_up_here on :
 
Waiting patiently at .009 GTC order. Order has been out there way too long. Considering just cancelling and moving on to another stock. Something fishy is going on with PLNI.
 
Posted by mrgr8avill on :
 
Hey Cold -- Happy September, buddy! Keep dreaming on your GTC fill my friend! You are *SO* in the dunktank in the upcoming PLNI Millionaire's Party! Besides, we KNOW we can't believe anything made pre-BAC, and it is STILL the first week of September. Methinks you get too excited about the prospect of your fill.

Dag -- that bites, man. Might I suggest since you have already paid the commission on the buy side that you leave a few shares in each -- no real money but you still feel like you are part of the action. Of course, I for one hope you continue to monitor and post no matter if you are in or out.

Jason -- GL on that honeymoon man -- I am sure you know what to do [Wink] Congrats on the marraige! Hopefully you will have a nice little "stock"pile in PLNI when you return.

State -- sounds like you aren't gonna bail entirely. We've gotta keep some people around for Cold to entertain.
 
Posted by Chopper on :
 
Hey Jason,
Congrats Buddy. Hope your Honey moon is wonderful. To Funny though, another Stock Widow is born.


quote:
Originally posted by JasonTT:
GL guys, i will be out for a few weeks on my honeymoon. I hope to come back to see great things!


 
Posted by bond006 on :
 
Originally posted by JasonTT:
GL guys, i will be out for a few weeks on my honeymoon. I hope to come back to see great things!


congrats jason see you when you get back i hope we all see great things to
 
Posted by mrgr8avill on :
 
quote:
Originally posted by cold_up_here:
Waiting patiently at .009 GTC order. Order has been out there way too long. Considering just cancelling and moving on to another stock. Something fishy is going on with PLNI.

Cold - back in July, when we were all waiting for the promised audit results, I would have (and did) agree with you that there was something "fishy" with PLNI. Since BAC came on board, though, I think there is a good case to be made that they are on the right track. Obviously, there was some dilution going on since 2004, but all that makes logical sense given all the acquisitions. It doesn't quite jibe with what Turek said in the past, I'll admit, but we crossed a bridge IMO with BAC and now are on the straight and narrow. The revised float increased by only 100,000,000 shares from what we thought was out there -- not bad considering that gives us Promold and Semco.

Semco and Promold aren't ours yet officially, but I sincerely doubt BAC would get involved with a scam company -- that would be VERY bad business for them. When we get Semco and Promold, we will have instant blue-sky.

This stock is getting play on a lot of sites,shows, etc. Jim Cramer, Green Baron, etc..

The highway bill and (wish it weren't so) recent HEAVY damage to infrastructure caused by Katrina creates increased long-term demand for our product.

BlueLinx/R&S put us out there in the industry.

Damn, dude -- besides timing, what in the WORLD smells fishy about this stock????? I honestly think your GTC order at .009 is fishy -- like fishing for trout in the toilet -- like you will NEVER get your bite.

Besides -- you need to get WAY more creative in your bashing, dude -- you are disappointing me! You are, after all, a cartoon superhero. Get to work!!!
 
Posted by bmaxingout on :
 
Hi all im new to the board but not to plni i read some saying their considering jumping ship all i can say is good luck but for me im hoping that what im seeing on the charts is a good buy signal bol bands tightening up money flow begining to reverse new acq. boy every day this story is looking better and better. now this is jmho and not a pump to buy or hold. but this company is the real deal.they are turning profit in a strong sector.and now after this storm, buisness should be improving even more.price of steel going through the roof.they have a real good foot hold on their plastic supply.increasing their molding capacity. all i see is the up side.

good luck to all and i hope that i get an invite to your millionares party.I would have to assume that ill have to make a million bucks first though,...lol
 
Posted by state780 on :
 
There's nothing fishy about this stock. It's just that everything moves as slow as molasses. I remember some poster over at R b breathlessly saying he was going to out PLNI by calling the "alleged" distributor Bluelink....turned out, of course, it's all legit.

Too many reputable operations involved with PLNI for this to be a scam. It comes down only to execution, not any kind of deception.

Added some today. May swing trade a little on the next rise so I can stay with my core position.
 
Posted by bmaxingout on :
 
state780,.. im with you, there is nothing fishy about plni. lets look at it this way, every state in this country has approved plni products,that just does not happen to scam companies.

bmax,
 
Posted by mrgr8avill on :
 
Bmax -- welcome to the thread! Of course you are welcome at the party, as are all friends of PLNI, and ONE basher -- Cold_up_here is our resident basher and he *USUALLY* comes up with some pretty damn good bashes. I think he has been busy lately because he hasn't been very creative lately. He has a GTC fill order in at .009 and desperately thinks/wants it to fill. He is the ONLY basher we tolerate on this thread, and his posts are always welcome becuase of the magical "Cold Effect" in which almost every time he posts with more doom and gloom, the pps goes up.

Anyway, welcome!
 
Posted by mrgr8avill on :
 
quote:
Originally posted by state780:
There's nothing fishy about this stock. It's just that everything moves as slow as molasses. I remember some poster over at R b breathlessly saying he was going to out PLNI by calling the "alleged" distributor Bluelink....turned out, of course, it's all legit.

Too many reputable operations involved with PLNI for this to be a scam. It comes down only to execution, not any kind of deception.

Added some today. May swing trade a little on the next rise so I can stay with my core position.

I truly believe that the next 60 days will bring a barrage of news, and make the last 60 days look like we were moving backwards. I base this opinion on what Matt has said, and how Matt and BAC have performed for HISC and thus far for PLNI.

I think the molasses is starting to heat up.
 
Posted by bmaxingout on :
 
i also have a gtc order but mine is a sell @.50,...lol glta
 
Posted by mrgr8avill on :
 
Just got called out in a PM about the Mad Money reference. I can say I remember seeing a link in my original DD searches related to PLNI, but I don't rememeber checking out the link, and I can't find it now. So I retract my statement that PLNI has been exposed on Mad Money -- not becuase I was making it up, but because I can't prove it today.

Just keeping things real here, and thanks to the person who PM'd me with the check [Smile]
 
Posted by clbgroove on :
 
tryd for 150k @14 but no damn takers...had to bump to .0141......see if we can have any takers
 
Posted by clbgroove on :
 
oops....probably would have been some takers at 14 but heck whats a simple zero!!!! lol
 
Posted by clbgroove on :
 
Screw um let em come down and get me....not like Cold's chase though.......just @.014
 
Posted by clbgroove on :
 
Here I am arguing over $30 and they STILL wont fill me at the ask!!!!! Been in 3 mins!
 
Posted by clbgroove on :
 
And with 45 seconds to spare......bring on the fluff PR tomorrow!!

Na forget it,just bring the BIG ONE!!!!!!!
 
Posted by mrgr8avill on :
 
You saw the fun I had yesterday trying to get filled above the ask -- ba$tard$ went down and filled below me. Crazy! I got a little more love today, but always hate it when I am not in this one full-tilt, becuase you just never know...
 
Posted by mrgr8avill on :
 
News Source:

I have had a few people ask about news services, so I figure I'll post this publicly. In order to get automatically updated PR information for most stocks, use an RSS reader. If you don't have one, you can go to www dot feedreader dot com and get theirs for free.

now when you have an RSS reader, add the link for primezone:

www dot primezone dot com /newsroom/rss/

now add the link for business wire:

http://news dot search dot yahoo dot com /news/rss?p=business+wire&ei=UTF-8&n=20&fl=0&sday=26&eday=25&source=business+wire&datesort=1

That will give you automatic news updates for most stocks including the pinks.
 
Posted by Omega on :
 
My thanks to members for input re charts and apologies for being late in expressing that appreciation. Am crawling up the learning curve but, as the PLNI Millionaires' Club is apt to be a while in materializing, have to make a few stabs at gainful work in the interim.
 
Posted by Bearclaw on :
 
Omega...
There is another PLNI thread. Chopper started this new one not long ago. The old thread has a ton of research...I'm technologically challanged so I can't copy here for you...but...If you scroll back you can find the other PLNI thread...Interesting reading on a boring day...Good luck..

quote:
Originally posted by Omega:
My thanks to members for input re charts and apologies for being late in expressing that appreciation. Am crawling up the learning curve but, as the PLNI Millionaires' Club is apt to be a while in materializing, have to make a few stabs at gainful work in the interim.


 
Posted by bond006 on :
 
good morning all lets hope we get some news today and rock and roll glta
 
Posted by mrgr8avill on :
 
quote:
LEXINGTON, Ky., Sept. 8, 2005 (PRIMEZONE) -- Plasticon International, Inc. (Pink Sheets:PLNI) announced today that the company is featured on ****************.com. According to Larry Oakley, co-founder of the Wall Street Corner and a featured speaker at over 60 international investment conferences, Plasticon is a "real find" and the company's stock has the "potential to double or better in the next six to 12 months." Mr. Oakley has been a well-respected name in picking emerging growth investments for the last 17 years.

In his article about Plasticon International, Oakley explains that the potential for the company's core products, such as its patented recycled plastic rebar supports, is enormous. Rebar supports, which are used in virtually all construction projects, from bridges to highways to buildings, represent a $30 billion annual industry. "This is another winning situation. CEO Jim Turek has transformed an industry. The revenue and profit potential of this situation is quite substantial. With about 95 percent of the $30 billion market for its plastic rebar supports still available, the size of the market is huge." (http://www.****************.com/stockpick.html)

In the column, which can be viewed online at http://www.****************.com/stockpick.html, Mr. Oakley, who is a mechanical engineer by education, also explains the technical reasons that he believes Plasticon's products will continue to change the industry and why he believes in the potential of this stock. To read the full story, click on the following link: http://www.****************.com/stockpick.html.


More fluff, but if Matt is being on course, there should be something good coming on its heels.
 
Posted by mrgr8avill on :
 
I mean, I "get" why they release crap like this (to bring attention and keep it looking for the bigger PRs), but it sure doesn't help the short-term price much (usually) and I am sure we can all agree that it doesn't make us skip our morning coffee for excitement. Oh well, still think bigger news in on this PR's heels.
 
Posted by mrgr8avill on :
 
[morning tantrum]

[Mad] Chit chit chit chit chit chit chit chit chit chit chit chit chit chit [Mad]

[/morning tantrum]

just took 20 mg valium, 4 mg xanax, and 4 mg ativan. Will send Benzo love to anyone else who though we would have big news this morning. I know they are sticking with the grand plan I laid out, but I was getting impatient and thought this morning we would see a strong one. Still stoked on this stock, but just a little disappointed.

I should never check Primezone before I have had any coffee...sorry mom [Frown]
 
Posted by Bearclaw on :
 
Mrgr...
I totally agree on your point about the short term....except to say that Wall Street Corner is read by investors who would not necessarily invest in pennies. I like that they get the PLNI information in front of those potential investors. They may not buy today but if and when things gel we may see some of them. Buyers move PPS north...

quote:
Originally posted by mrgr8avill:
I mean, I "get" why they release crap like this (to bring attention and keep it looking for the bigger PRs), but it sure doesn't help the short-term price much (usually) and I am sure we can all agree that it doesn't make us skip our morning coffee for excitement. Oh well, still think bigger news in on this PR's heels.


 
Posted by shortnite on :
 
These PRs are chit.
 
Posted by mrgr8avill on :
 
Good point, Bear! The Benzos are kicking in [Smile] and I am feeling much better. I suppose what made it worse is that to us this is old news (we new about the article already).

If I didn't truly believe that it was all part of a grand plan by Matt to take this baby to the moon (ala HISC) then I suppose I would be discouraged instead of disappointed.

You are right, though, Bear... this is GOOD news. I only wish it were Wednesday so I could really anticipate GREAT news tomorrow, although now I suspect we might have to wait until next week.

Anything that keeps people looking our way -- particularly potential new investors to keep the volume up and the float moving-- I'll take.

One thing though, we sure notice a pattern in trading on the day before a PR on this. It has happened darned near every time. Patterns can be a good thing in this world.....
 
Posted by mrgr8avill on :
 
Heck, the funny thing is, I wouldn't sell even if we got great news and moved past our .02 ceiling. There is soo much more to come that .02 isn't even a goal so much as a checkpointin my mind.

I have to agree with what State said yesterday in that there is almost nothing wrong with this stock, and it is almost promised to move, but it is a little slow.

As most of us have said before, though, you can't get too discouraged by stuff like this, because you never know if Matt is going to release something bitchen later today or tomorrow -- there are so many things that could happen near any time, I just can't walk away from this even for a few days.

I had no problem dropping HISC for a while to play in other sandboxes, and will go back when things get interesting (as I am sure they will), but I am not alone in saying that you almost have to stay in the PLNI sandbox if you are a believer, because judgement day could come anytime.

Thanks again, Bear -- as always, a voice of reason so early in the AM.
 
Posted by state780 on :
 
I've had my fill of fluff PRs. More projections and expectations.
 
Posted by bmarley5780 on :
 
Here's a Real Find

PLNI, having begun in 1989 & profitable beginning in Q2 2005, designs, produces, & distributes high-quality concrete accessories, transportation signage, plastic lumber, & office supplies which are all produced from recycled & recyclable plastics. That makes PLNI a green company, environmentally-friendly. Its products are covered by issued patents & patents pending. It has applied for, & has been granted approvals for its products by the U.S. Department of Transportation & by every U.S. state & Canadian province. Its products are used in all 50 states, throughout Canada, the Caribbean, Latin America, Europe, the Middle East, & Asia.

Let's look at just one of its products -- it uses recycled plastics to make rebar supports.

That doesn't sound romantic, but the market for rebar supports is about $30 billion. The market for another of its product lines -- highway signage, is about $20 billion.

First, What is a Rebar Support?

When anything is built using concrete (bridges, buildings, highways, & almost any structure), it has to be reinforced with heavy steel bars. That's because concrete has strong compression strength, but can easily break if you try to bend it. We'll use the concrete beams in highway bridges as one example, but actually every structural item made of concrete needs those steel bars, called rebars. In the concrete beam, the rebars must be placed in very specific locations inside the concrete & have to be the entire length of the beam in order to make sure the beam will be strong enough to support both the static (weight that doesn't move) & dynamic (things like trucks that move) loads the beam will have to support.

If you just laid those rebars in the form used to make the beam without accurately positioning them, the beam would probably break before it is even put into place. To be able to make sure the rebars are in the exact positions that will make the beam strong, rebar supports are used. They are placed every few feet.

Why use PLNI's Patented Plastic Rebar Supports?

In the past & still in about 95% of the cases, the rebar supports have been made of relatively thin sheet steel that is bent into shape & strong enough to keep the rebars in place as the concrete is poured into the form used to make the beam.

That works, but there are two problems:

1. The steel rebar supports rust, & deteriorate in time (it's called concrete corrosion, & costs this country billions of dollars per year). That causes a void in the concrete. That in turn leads to breakage with pieces of the concrete breaking away. Have you ever seen a bridge with a piece of rebar sticking out from an area that has been broken off? That's what I mean. The result is that the beam often no longer has the strength to do its job -- pretty dangerous.

2. Rusting takes place as the concrete sets, which causes the outside of the beam to have rust areas. Because of this, Marriott, for example, wants its concrete buildings to look neat & clean, so began to use rebar supports made of stainless steel -- very expensive.

PLNI to the rescue -- here are just some of the advantages of its patented recycled plastic rebar supports:

• Far less expensive than stainless steel.
• Impervious to moisture.
• Does not conduct electricity.
• Does not rot, crack, splinter, or degrade.
• Uses environmental waste as raw material
• Will nor corrode, deteriorate, or decompose.
• Lasts forever.
• Many times stronger than steel.

My Opinion

This is another winning situation. CEO Jim Turek has transformed an industry. The revenue & profit potential of this situation is quite substantial. With about 95% of the $30 billion market for its plastic rebar supports still available, the size of the market is huge.

There are about 2 billion shares out, insiders own about 80%, & the float is about 500 million shares. As I write this today (8/30/2005 @ 3:02 p.m.), it is trading at a modest $0.015.

Go to www.plasticonintl.com, click on "About Us" to see examples where these products are already in place. Call PLNI's IR firm at 866-843-2775.


--------------------------------------------------------------------------------
 
Posted by mrgr8avill on :
 
quote:
Originally posted by state780:
I've had my fill of fluff PRs. More projections and expectations.

or foreplay, depending on how you look at it.
 
Posted by Chopper on :
 
Keep it clean avill,
someones mom is on the site now. LOL
 
Posted by mrgr8avill on :
 
Gooid point Chopper... [Embarrassed]

Looking at the past picks from Oakley, it seems he might be on BAC's payroll. He picked HISC in May. But that's not bad because I have always said if we can follow HISC to .12 then we will be doing just fine.
 
Posted by Chopper on :
 
Ok.... So whats up with the 53 - 5k signals????
 
Posted by Omega on :
 
Bearclaw, thank you once more for your input - it is appreciated!
 
Posted by bond006 on :
 
hi the green baron will be doing an update profile on there picks tomorrow they are suppose to be indepth profiles i hope plni will be one that they do it has been latley. just to let you know they have over 650,000 members that they email info to
 
Posted by Bearclaw on :
 
Your welcome mom...I'm a dad, twin teens, so I know what it is to keep the young ones straight hahahaha

quote:
Originally posted by Omega:
Bearclaw, thank you once more for your input - it is appreciated!


 
Posted by Thorn on :
 
I despise the Green Baron because of their extreme support for CMKX. Reader beware. (CMKX is no longer traded on the public boards, btw.) There was another stock they strongly supported too, Pender Inc. PNDR, which I have not followed, but if it is still trading is not worth much like it used to be.

Oh, PS: I didn't lose any money on either of these; I'm not replying out of spite.
 
Posted by ed19363 on :
 
It would be nice if Green Baron DIDNT pick any stock you are looking at.
So far their track record SUCKS.
 
Posted by mrgr8avill on :
 
I am all for anybody out there putting the word out that this is a good buy. WE know they finally got one right with PLNI [Smile]
 
Posted by bmaxingout on :
 
hi all its good to see all again,now first of all i dont put anything into oakley,but as for the green baron i have made some good money on their picks as a matter of fact the baron is how i found plni when they first started pumping this one. I made alot of money the first time around, and im looking for alot now.Not because the green baron is pushing it but because i feel that plni is a great company.
I feel that shortly after the clean up in LO plni rebar supports will be in heavey demand.
It's not often that I buy and hold a penny stock
This company is the real deal.They will imo keep buying shares and one day will be traded on the big boards.
I am not sweating the day to day movements in the pps.But right now is a great time to be increasing my holdings in this company.
After seeing PLNI on the IBD web site I am convinced more then ever. That plni will be moving up big time.
GLTA and as always, all of my ramblings are JMHO
 
Posted by kybowhunter on :
 
i think its just a great trending product.
 
Posted by cold_up_here on :
 
http://www.****************.com/lco-cs.doc


Can't bash this one! Larry's credentials are just too darn high!

In case I forget later......Bawhahahahahahaha to today's action!
 
Posted by cold_up_here on :
 
Allstock kills me. Can't even link info on the stock. Well, let's try - wall street corner dot com / lco-cs dot doc
 
Posted by cyclekitty1 on :
 
Welcome back cold lookin forward to a rise in pps tomorrow (or rather today) Thanks pal!
 
Posted by mrgr8avill on :
 
Well, since I brought up Cramer the other day without support, I'll post this for those who were skeptical of Bluelinx.

Someone asked about them in yesterday's Mad Money. Their PPS looks good recently, Jim said they were a spinoff of Georgia Pacific, and were doing really well. He hit the bull button. Not that he is God or anything, but it was good to hear one of our "partners" getting some very public "boo-yahs"

So, now you know we have dedicated CSRs with a company that is getting decent press. Now it is our turn baby!
 
Posted by mrgr8avill on :
 
And DAMMIT Cold, I HATE it when you say good things about this issue! The pps always drops when you do!!!! You need to make another login -- like warm-up-there to post good stuff, dude.

Actually, might be a good opp. to load 'em up.

BTW -- have you healed yet? Hope so, man.
 
Posted by bond006 on :
 
i will agree about the green baron and i don't agree with all that they do but they sure helped this stock in the beginning i don't know if they will reprofile it today but if they do it won't be bad and it will go out to 650,000 members as far as i am concerned that can't hurt anything
 
Posted by mrgr8avill on :
 
One last thing before I get my work out of the way for the next couple of hours. This is news not any form of recommendation. Those of us in this thread who were playing with ICMH and IGTN but might have gone away -- there have been some quasi-developments this week that might warrant your second look, and maybe a call to Doug and Scott, respectively. PM me for details, but only if you have already done your DD on these -- I no way consider myself "good" enough to make any calls, so I don't recommend anything other than PLNI. But stuff *might* be happening on these.

I just want to make some money on other issues so I can consolodate more into PLNI [Smile]
 
Posted by mrgr8avill on :
 
I concur, Bond -- the forward-looking stuff doesn't do much for the pps because IMO most of the current float is held by people who are long and strong. But if we get new blood in here then the recent PRs would certainly look good.
 
Posted by Dagger Depot on :
 
quote:
Originally posted by mrgr8avill:
You need to make another login -- like warm-up-there to post good stuff, dude.

How 'bout "Warm Down There" LMBO!!
 
Posted by mrgr8avill on :
 
quote:
Originally posted by Dagger Depot:
quote:
Originally posted by mrgr8avill:
You need to make another login -- like warm-up-there to post good stuff, dude.

How 'bout "Warm Down There" LMBO!!
Oh GOD Dag -- that is FUNNNNNNNY! I *so* wish I would have thought of that! Damn caffiene hadn't kicked in yet!
 
Posted by bond006 on :
 
May Focus Stock Pick Update

Plasticon Intl. (PK: PLNI)

News Alert: 8:30 am EST Thursday, September 8:

Wall St. Corner's Larry Oakley: Plasticon has 'The Potential to Double or Better in the Next Six to Twelve Months'

Plasticon was another Green Baron pick that absolutely flew like a rocket. The stock nearly quadrupled in price less than 30 days following our initial profile. A move from .0052 per share to just a shade less than .02 per share on tremendous volume and tight spreads needed to be digested. The past several months has seen PLNI churn between .013 and .019 for the most part.

PLNI has continued to deliver strong press releases and frequent updates. A delay in delivery of audited numbers has likely kept the stock from achieving higher levels. However, The Green Baron Report feels the Company will be able to deliver on its promise very soon to become fully reporting. No joke; a pink sheet company is actually going to do it in our opinion.

We have a new Trader’s Corner pick in this issue, so PLNI fans should take a gander at the bottom of this report. Immediately below, please read the press release issued yesterday that further supports our belief that PLNI remains vastly undervalued.

LEXINGTON, Ky., Sept. 8, 2005, Sep 8, 2005 (PRIMEZONE via COMTEX) -- Plasticon International, Inc. announced that the company is featured on ****************.com. According to Larry Oakley, co-founder of the Wall Street Corner and a featured speaker at over 60 international investment conferences, Plasticon is a "real find" and the company's stock has the "potential to double or better in the next six to 12 months." Mr. Oakley has been a well-respected name in picking emerging growth investments for the last 17 years.

In his article about Plasticon International, Oakley explains that the potential for the company's core products, such as its patented recycled plastic rebar supports, is enormous. Rebar supports, which are used in virtually all construction projects, from bridges to highways to buildings, represent a $30 billion annual industry. "This is another winning situation. CEO Jim Turek has transformed an industry. The revenue and profit potential of this situation is quite substantial. With about 95 percent of the $30 billion market for its plastic rebar supports still available, the size of the market is huge." (http://www.****************.com/stockpick.html)

In the column, which can be viewed online at http://www.****************.com/stockpick.html, Mr. Oakley, who is a mechanical engineer by education, also explains the technical reasons that he believes Plasticon's products will continue to change the industry and why he believes in the potential of this stock. To read the full story, click on the following link: http://www.****************.com/stockpick.html.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.



June
 
Posted by Chopper on :
 
Boy, is that a safe statement. This stock could be a 20 Bagger by then. IMO hahahahaha

quote:
May Focus Stock Pick Update

Plasticon Intl. (PK: PLNI)

News Alert: 8:30 am EST Thursday, September 8:

Wall St. Corner's Larry Oakley: Plasticon has 'The Potential to Double or Better in the Next Six to Twelve Months'
 
Posted by bond006 on :
 
i have to admit it does not say much at all thank you mr green baron for stating the obvious as something profound
 
Posted by ed19363 on :
 
Double?? That aint saying much.

Green Baron, IMO
1. Touts a .01 stock.
2. Members rush out to buy.
3. PPS reaches .02
4. Members sell.
5. Stock is never heard from again.
 
Posted by clbgroove on :
 
quote:
Originally posted by mrgr8avill:
Well, since I brought up Cramer the other day without support, I'll post this for those who were skeptical of Bluelinx.

Someone asked about them in yesterday's Mad Money. Their PPS looks good recently, Jim said they were a spinoff of Georgia Pacific, and were doing really well. He hit the bull button. Not that he is God or anything, but it was good to hear one of our "partners" getting some very public "boo-yahs"

So, now you know we have dedicated CSRs with a company that is getting decent press. Now it is our turn baby!

MGR...I saw that and I BELIEVE its trading above the IPO price finally. I think it IPO'd at $12 and has been down ever since. Only going to really go up now. Wish I had bought some back in May in the 9's when I bought PLNI!! Oh well theres always NEXT time right??

What the hel is with all the little BS 5k and smaller trades??? Anybody
 
Posted by mrgr8avill on :
 
Ain't that a kick? Just love to get walked around by "trades" that don't even match the commission price. Seems they are getting bites, though -- I hadn't checked volume today, but we are actually about half average so far. Not heavy to be sure, but stronger than I expected.
It'd be nice if they closed us arounf 15 to get a little green on top of the GB update.
 
Posted by Omega on :
 
Bearclaw, Cannot imagine two - at least not as rambunctious as mine! You must have the patience of Job, which is a good thing as I will be asking you all some questions which are, no doubt, at elementary school (or even kindergarten) level.

Yes, son, I placed an order on your second suggestion today but am not yet filled. Good thing my brokerage is electronic or they would undoubtedly think I have lost my mind.

Watching streaming quotes is much more fun than working!
 
Posted by shortnite on :
 
i love lamp
 
Posted by mrgr8avill on :
 
Heh heh heh -- I should charge commissions [Big Grin]
 
Posted by Bearclaw on :
 
Hey girl...

Great kids...am a lucky guy...but...ya plenty of energy to keep the old man on his toes...

I swing traded ibzt three times since yesterday morning and am getting back in plni as I'm typing this...the 14's seem to be the low resistance....It should get tight on the charts at this level...Without the audit results my thinking is the high resitance will stay under .02...probably in the .018's...It has so far...Good luck Omega...

quote:
Originally posted by Omega:
Bearclaw, Cannot imagine two - at least not as rambunctious as mine! You must have the patience of Job, which is a good thing as I will be asking you all some questions which are, no doubt, at elementary school (or even kindergarten) level.

Yes, son, I placed an order on your second suggestion today but am not yet filled. Good thing my brokerage is electronic or they would undoubtedly think I have lost my mind.

Watching streaming quotes is much more fun than working!


 
Posted by mrgr8avill on :
 
I am hoping that we can break the 02 resistance on Semco or Promold -- even if only temporarily. It sure would be nice to break that glass ceiling before the audit. Assuming, of course, that we get Semco/Promold before the audit. It would certainly be best for pps to do it in the opposite order -- audit, Semco, Promold, contracts, rebar, etc...

There I go drooling again [Smile]

I have said in the past though that if they have any cash lying around at all they will do their buybacks before they release audit/Semco/Promold/rebar news. Would love to see a bunch of big a$$ buys!

There I go drooling again [Smile]
 
Posted by mrgr8avill on :
 
quote:
Originally posted by MOM:
Watching streaming quotes is much more fun than working!

Like mother like son!
 
Posted by Omega on :
 
Knows all, tells all! Well, it is more fun and it is going to be a lot more fun when they start going up, up, up!
 
Posted by mrgr8avill on :
 
To the MOON BABY!!!
-----

Job Wanted:
Mother and son pumping team.
Must have great stock with bright future.
Will work for shares, food, money, or anything that lets us watch the charts instead of our regular jobs.
Will only post on Allstocks, as other boards suck.
Inquire on PLNI thread or by PM
Will not post fradulent information knowingly, but will be optimistic if that's the way we really feel

[Cool]
 
Posted by mrgr8avill on :
 
Well, that was nice of them to walk us down like that for a red EOD. No biggie -- certainly look to have lots of support in the low 14s. As always, the D2D prices don't mean much but are fun to watch. Hope it stays low like this into next week so I can load up more from my other plays.

Ya'll have a good weekend! Even though it means two boring days of no trading.
 
Posted by cold_up_here on :
 
Last Sale: 0.0141 Best Bid .0134 At .0195 all I heard was "Hurry up cold, don't miss the boat"! I said "Nothing here is sustainable and she'll come right back down"! Thanks guys.

Now really.....How long are the investors here going to hold? Come on.......not one single piece of the pie has come together per your awesome ceo Jim Turek. I went back and read all the PR's. Plasticon has failed every set deadline. That's right! Not one single deadline did they achieve! With this kind of record.....let's say they finally become fully reporting and OCTBB accepted. Do you believe that Plasticon will report on time each quarter? No way! A delay or two and your right back here in 'pinky-land'.

Reality is setting in quick. I believe Wallstreet has been more than patient by letting the PPS ride above .01 for so long. Now it's time to pay the piper! If Plasticon doesn't produce something concrete next week(Semco,Promold,Unaudited numbers) the "Kiss of Death" awaits. Here we go again - Tic-toc-tic-toc-tic-toc......Help! I've fallen' and I can't get up! Bawhahahahahahahaha
 
Posted by Bearclaw on :
 
Cold...

I got back in from a nice swing today at .0141. That is my 7th or 8th swing trade. You need to think about getting to work. A great swing stock. Your missing the swing boat.

I'm so glad your here because now it will spike and I may swing some more shares next week...Thanks cold and get to work buddy..

Here we go again - Tic-toc-tic-toc-tic-toc......
Bawhahahahahahahaha.....
 
Posted by mrgr8avill on :
 
God I hate Saturdays... the old 6:00 o'clock adrenaline starts pumping with the "30 minutes to open" feeling, and won't listen to the brain telling it that there is no market today. I am a junkie -- ain't no doubt about it.

Goodness, Cold -- I haven't heard the "tick tocks" out of you since the end of July! Let's hope that we get something "concrete" [Smile] out of them next week (oh say maybe I don't know SEMCO). We all know it will be "tick-tock-tick-tock-cha-CHING" anyway.
 
Posted by Bearclaw on :
 
mrgr8...
You have a PM...

quote:
Originally posted by mrgr8avill:
God I hate Saturdays... the old 6:00 o'clock adrenaline starts pumping with the "30 minutes to open" feeling, and won't listen to the brain telling it that there is no market today. I am a junkie -- ain't no doubt about it.

Goodness, Cold -- I haven't heard the "tick tocks" out of you since the end of July! Let's hope that we get something "concrete" [Smile] out of them next week (oh say maybe I don't know SEMCO). We all know it will be "tick-tock-tick-tock-cha-CHING" anyway.


 
Posted by Murnak on :
 
Google Alert for: plni

Environmently-Friendly Company Transforms an Industry
Investor's Business Daily (subscription) - USA
... grow.". Plasticon International, Inc. (PLNI) is a publicly traded company and is based in Lexington, Kentucky. Company information ...
http://www.investors.com/corporatenews/nw111.asp?v=9/9
 
Posted by mrgr8avill on :
 
[off topic]

As Americans and people of the 83 other countries who lost citizens in the attacks four years ago take some time out to honor the fallen innocent and heroes of that day and the days that followed, I for one would like to emphasize the resolve that we shared as a nation, and as a nation of nations, in coming together after such a tragic and gruesome attack. Those who died reminded us that we are not as different as our daily lives would suggest. May the Great Architect of the Universe bestow blessings on those directly impacted by those terrible events, and may we be reminded, today among all others, that we as a people are capable of meeting pure and distilled savagery with equally pure honor, sacrifice, duty, and charity.
 
Posted by Bearclaw on :
 
mrgr8...
Nice thought for a Sunday morning remembering 9/11...

Plus it gave me a prayer since this Sunday morning I was worshiping St. Matress instead of sitting in a church pew...Take care buddy...


quote:
Originally posted by mrgr8avill:
[off topic]

As Americans and people of the 83 other countries who lost citizens in the attacks four years ago take some time out to honor the fallen innocent and heroes of that day and the days that followed, I for one would like to emphasize the resolve that we shared as a nation, and as a nation of nations, in coming together after such a tragic and gruesome attack. Those who died reminded us that we are not as different as our daily lives would suggest. May the Great Architect of the Universe bestow blessings on those directly impacted by those terrible events, and may we be reminded, today among all others, that we as a people are capable of meeting pure and distilled savagery with equally pure honor, sacrifice, duty, and charity.


 
Posted by mrgr8avill on :
 
Now this morning is retty good news --- hmmm... I think it is starting [Smile]
 
Posted by mrgr8avill on :
 
I like that Matt gave us something on a Monday. Nice to hear about patent approval, but even better to think that he is starting a sequence of releases to get better and better...
 
Posted by shortnite on :
 
Plasticon's Patents Now Valued at $20 Million
9/12/2005 8:30:32 AM

LEXINGTON, Ky., Sept. 12, 2005, Sep 12, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI), the technology leader of the recycled plastics sector, announced today it has recently received confirmation of the company's patent for the PAC Chair III product, the latest innovation from the company.

The PAC Chair III, in one product, replaces all four conventional metal rebar support products -- wire, galvanized, epoxy coated, and stainless steel. "Our industry first PAC Chair III includes the mesh market and the on-grade market with a single product that is both stackable and self-contained with a sand plate, allowing for 3 heights (2 rebar and one mesh)," said Jim Turek, president and CEO of Plasticon International. "This makes the PAC Chair III the most versatile individual rebar support on the market today."

Sales of the PAC Chair III will be made through Plasticon's exclusive domestic distributor, the largest building materials distribution company in the U.S. with 63 strategically located warehouses nationwide.

"Because the PAC Chair III products are stackable, they are much more convenient for workers in the field," Mr. Turek said. He continued to state that, "Metal rebar supports are not stackable, making it difficult to carry more than 32 at a time in a large box. However, the PAC Chair III is stackable, allowing a worker to carry up to 225 individual supports in that same size box. This product gives the construction industry a tremendous opportunity to increase efficiency and productivity. The PAC Chair III also reduces shipping costs. We are pleased that the demand is so high for our newest product offering, and we believe that the clear advantages this product offers will continue to drive sales."

The PAC Chair III is the most recent patent that the company has received. According to an independent appraiser and the federal courts, Plasticon's recycled plastic product patents are valued at $20 million. Additionally, since the inception of the company, Plasticon has built an inventory of injection molds that the company owns outright, which are presently valued at over $10 million.
 
Posted by state780 on :
 
Thanks short.

So no audit or Semco news.
 
Posted by mrgr8avill on :
 
quote:
Originally posted by state780:
Thanks short.

So no audit or Semco news.

Well, not YET State -- I am thinking Matt likes to build-em-up. That is whay I am happy that wegot this today. Betcha we get something really good Wednesday....
 
Posted by youngface on :
 
Now all we need is a little Cold...
 
Posted by state780 on :
 
quote:
Originally posted by mrgr8avill:
quote:
Originally posted by state780:
Thanks short.

So no audit or Semco news.

Well, not YET State -- I am thinking Matt likes to build-em-up. That is whay I am happy that wegot this today. Betcha we get something really good Wednesday....
Kudos for your 9/11 comment, by the way.

This would have been a neat PR in May, IMHO. It's Sept. 12.... I don't have to recap. On its own merits it's super news as yet another indicator of PLNI's tremendous potential. But so far we're nothing but potential.

I'd love to be proved wrong, but the importance of this PR to the market, which is all that counts for people who trade and invest, is a whopping 131,000 shares valued at $1,894 being traded by 9:40 today.
 
Posted by g-invest on :
 
Your Semi-Monthy PLNI Audit Notice, brought to you by: g-invest

3.5 months have now passed since the announcement that the audit would be complete in four weeks. This was the original reason for the run past .01

Link to the PR: http://tinyurl.com/9dqft

Today's closing PPS: .0141
Last time I posted closing PPS: .0134

I have never bought a share of PLNI stock, and I do not intend to unless they are audited and fully-reporting. I am not "bashing" this stock in order to get in at a lower PPS, because I don't intend to buy it till its audited.

Have a good weekend.
 
Posted by mrgr8avill on :
 
[Confused]

G -- I don't get why you bothered with that, and why you are wishing us good weekends on Monday morning...

I am wondering if Cold hasn't hacked in to your computer. I really had you pegged better than someone who who just drop in to a stock to state the obvious (negative side) for no reason.

You are either really bored and in a bad mood, Cold has taken over your computer, or you are just being a wanker this morning. I am hoping it is one of the first two.
 
Posted by mrgr8avill on :
 
Thanks, State -- yup -- looks like ain't nothing gonna get us going except something good & hard (tell us something we haven't known for three months).

Still hope Matt is ramping up to something good this week, though.
 
Posted by pyro_11 on :
 
So far looks as if I made one HUGE mistake.

In at .018 from the last hype run. I don't swing or daytrade so I guess I'm SOL with my new investment. Oh well, big capital loss for me, unless we close above .02 by years end.

Question-Is the Capital loss/gain still a lousy 3000.00 a year? Thank you in advance. Felling like a dunce.
 
Posted by mrgr8avill on :
 
What the heck was that???? VOLUME???? NO! IT CAN'T BE!!!

HOpe it is them buying back some shares...
 
Posted by Thorn on :
 
Down on volume?
 
Posted by mrgr8avill on :
 
No it bounced around on 20,000 before a big buy -- they all cam in after it was alked down.
 
Posted by mrgr8avill on :
 
damn just read that last post. My laptop keyboard is starting to stick! Sorry.

Let's try

"They all came in after it was walked down"
 
Posted by cold_up_here on :
 
quote:
Originally posted by pyro_11:
So far looks as if I made one HUGE mistake.

In at .018 from the last hype run. I don't swing or daytrade so I guess I'm SOL with my new investment. Oh well, big capital loss for me, unless we close above .02 by years end.

Question-Is the Capital loss/gain still a lousy 3000.00 a year? Thank you in advance. Felling like a dunce.

I was cost averaged in at .017 during the first big run back in late MAY, so I know how you feel! Since then I've had a GTC order in at .009(she will be filling shortly).

...and that is a major problem with PLNI stock! When the ball starts rolling, the swing taders bail out instantly pushing the PPS right back down! If your a swing trader here your lovin' it! For anyone else, it's frustrating.

As for the capital loss/gain, I believe it is 3,000 a year which BTW is crap!! I know that this will make you feel a he77 of a lot better....I'm sitting on a 250,000+ capital loss from Mutual fund scandals a few years back! I currently have about 5 SEC files going, but I doubt(by time the lawyers get done) I will ever see a cent! Now that's frustrating!!! BTW- Bawahahahahahahahaha!!
 
Posted by Bearclaw on :
 
Cold..
Swing trading isn't keeping this PPS down...It's the MM's shorting...,thought you knew this stock?
They'll let it go if the audit comes, acquisitions final or a announcement the 200 mil share retirement is complete...Of course a huge contract would do it too...
 
Posted by Omega on :
 
Is it not said that "anything worth having is worth waiting for?" Although I have much to learn (obviously), it does not appear to me that major breakouts occur with any degree of regularity. If, as we believe, the company is solid and has solid prospects, then patience ultimately will be rewarded. Hopefully, sooner rather than later, of course--I can almost hear young Son laughing as Mom (of all persons) counsels patience.
 
Posted by mrgr8avill on :
 
This is a really unusual pattern for PLNi -- they walk it down to 40 and it hits a buy, then up to 45 and no volume to 40. Either my Qcharts is acting up or this is just whacky. Just typed a bunch of crap and then deleted it becuase I haven't seen anything like this. Usually when B/A is 4% apart, there is nothing going on. Don't get the action. This is a good learning experience, because it sure looks unusual to me. Help, oh wise ones -- what the He77 is this pattern?
 
Posted by Bearclaw on :
 
Just trading sideways...May be searching for another low resistance...say .013...but also could be a head fake and pull an EOD run...or gap tomorrow in the 15's...sneeky MM's...My charts don't tell me either way...Even the 3 month RSI so far shows 45%-50% for the past week or so...I think it will take significant news to bust this out or the charts get tight and it runs some...Your mom's right...Patience...

quote:
Originally posted by mrgr8avill:
This is a really unusual pattern for PLNi -- they walk it down to 40 and it hits a buy, then up to 45 and no volume to 40. Either my Qcharts is acting up or this is just whacky. Just typed a bunch of crap and then deleted it becuase I haven't seen anything like this. Usually when B/A is 4% apart, there is nothing going on. Don't get the action. This is a good learning experience, because it sure looks unusual to me. Help, oh wise ones -- what the He77 is this pattern?


 
Posted by mrgr8avill on :
 
quote:
Originally posted by Omega:
Is it not said that "anything worth having is worth waiting for?" Although I have much to learn (obviously), it does not appear to me that major breakouts occur with any degree of regularity. If, as we believe, the company is solid and has solid prospects, then patience ultimately will be rewarded. Hopefully, sooner rather than later, of course--I can almost hear young Son laughing as Mom (of all persons) counsels patience.

Patience? AHAHAHAHAHAHAHAHAHAHA!!! You are DURNED right I am LMFAO!!

SCREW patience with an 18-volt cordless multi-speed drill!

Oh man I need some Xanax!

Nah -- it'll come. Cold -- sorry to hear about your prbs. I'm kind of glad I don't know you beyond the board -- you are bad luck! You are all jacked up physically and lost a gazillion dollars too. No WONDER PNLI goes up when you bash it. You are forming a vortex of evil.

You must convert. Hang with us -- give up the dark side. Throw out your last maniacal evil laugh and come on over to the light. We will get your 250k back. Just listen to my mom and give it some time, brother. Fred Mertz would never let you down.
 
Posted by mrgr8avill on :
 
quote:
Originally posted by Bearclaw:
Just trading sideways...May be searching for another low resistance...say .013...but also could be a head fake and pull an EOD run...or gap tomorrow in the 15's...sneeky MM's...My charts don't tell me either way...Even the 3 month RSI so far shows 45%-50% for the past week or so...I think it will take significant news to bust this out or the charts get tight and it runs some...Your mom's right...Patience...

quote:
Originally posted by mrgr8avill:
This is a really unusual pattern for PLNi -- they walk it down to 40 and it hits a buy, then up to 45 and no volume to 40. Either my Qcharts is acting up or this is just whacky. Just typed a bunch of crap and then deleted it becuase I haven't seen anything like this. Usually when B/A is 4% apart, there is nothing going on. Don't get the action. This is a good learning experience, because it sure looks unusual to me. Help, oh wise ones -- what the He77 is this pattern?


I see the support holding well at 14 like it has pretty much for the coupla months, but I don't get the relatively huge bump to 43-45 every buy seems to do. I suppose that's what's getting me. I can't imagine that the float would be so tight as to push it 4% on every buy with no real volume. That's what's odd to me, Bear.
 
Posted by stolibox on :
 
pinksheets updated their share counts, just noticed. why didn't they update the authorized number? would they update the date if the number hadn't changed? waiting for audit...

Outstanding Shares: 1,800,000,000 as of 2005-09-01

Estimated Market Cap: 25.38M as of 2005-09-09 (based on Outstanding Shares as of 2005-09-01)
Authorized Shares: 2,000,000,000 as of 2004-11-15
Float: 500,000,000 as of 2005-09-01
Number of Shareholders of Record: 3,800 as of 2005-09-01
 
Posted by bmaxingout on :
 
plni is a great company just wish they would give some news on how the share buyback is going along with semco and the audits
 
Posted by Chopper on :
 
After a couple of phone calls, here is what I was able to glean from the powers to be.

We should have Un-audited results very soon(Any Day Now), with a couple of 10q's right behind it. (First and second quarter) They will then file right behind that for the OTC/BB with the Audited results. The Semco and Promold acquisitions will not be included in the filing.

The share retirement is complete and appears to be reflected in the various web sites reporting. I suggested that they pr the share buyback / retirement Completion.

The SEMCO deal is all but done. The only thing that is left is for the final chemical analysis of the core products to verify the claims made by Semco. This appears to be going very well and will be finalized soon I am told. The acquisition should be completed totally in October.

Promold's financials came back and all appears fine and is in the corporate attorneys hands for final review and approval. This acquisition should also be completed in October.

The acquisitions made by Plasticon are no different than those made by the IBM's of the world and IMO they have moved along fairly quickly in the grand scheme of things. We all have seen some of these type of acquisitions take as long as 1 1/2 years for some companies, so this is pretty darn quick. Plasticon will be a Monster in a very short time and I think we will all be pleased with our share holder value.

Just some thoughts to start the day positive. GLTA [Big Grin]
 
Posted by Chopper on :
 
Here is a nice post from the RB board by Tangs83.

Called Bluelinx today,

Hello all,

Today I called Bluelinx's Eastern and Western divisions to try and dig up some information on Plasticon's plastic rebar supports. Here is a summary of what I found out.

From the east:
Mike Thornton at Bluelinx:

General Take on the product:
-Is very comparable to steel rebar supports
-Links together better than steel

Disadvantages:
-currently costs more than steel, but Bluelinx believes that as economies of scale increase, the price will fall more in line with steel

Orders
-Plasticon is currently meeting all of its orders, and a backlog doesn't exist. Orders are also growing (he would not give me a number though). Bluelinx is very excited about having Plasticon's business because we are currently the only company that can create plastic rebar.

Market dominance
-Steel still dominates but plastic is growing. One opportunity where plastic is much better than steel is in construction directly exposed to the elements (i.e. parking garages, tilt up structures, and pre cast construction). This is due to the fact that plastic doesn't corrode and it is more flexible than steel (meaning that it does better with changing temperatures that causes expansion and contraction.

-----------------------------------------------------------

From the West:
Mark Gariepy at Bluelinx

General take on the product:
-Great product
-Vast opportunity to grow
-Plastic rebar supports are dominated by 1 company (Plasticon)
-Believes that Plasticon can take over huge amounts of market shares as the company grows and becomes more well known
-Says that one must note that Plasticon's other products create even more opportunity for sales by Bluelinx, i.e. its not all about the rebar.
-Mentioned that different building codes require different types of strutual specifications. The three main areas for concrete construction right now are California, Texas, and Florida. Some will always use steel, others have found the usefulness of plastics and might move to plastics for good in the future.

Disadvantages:
-Higher costing, but once again said the price will come down with economies of scale

Orders:
-Plasticon is meeting all orders
-Orders for Plasticon products are growing rapidly

Market Dominace:
-Doesn't believe that plastic rebar supports will dominate the entire industry but does believe that the product will gain a significant amount of market share and in some areas dominate concrete construction. He stated that plastic rebar supports are here to stay because of the advantages that they show the construction industry.


All and all, this talk with 2 Bluelinx offices has made me very excited about the ultimate potential for Plasticon in the construction market. I think we have a real winner here. We have a pink that is being endorsed by a major supplier as something that is here to stay for a long time. We should all be grateful that we have found this company at such a low price. I for one will be holding no matter what the bashers say.

-Tangs
 
Posted by state780 on :
 
Chopper, excellent DD, thank you.

On unaudited results--am I just being sour, or am I correct in thinking that's useless? Who cares about yet more information that can't be independently verified? If the audited results come immediately after, good; then we'll start to get what we've been waiting for.
 
Posted by mrgr8avill on :
 
Thanks for that, Chop -- I have been too busy on another company lately to bother Matt. See, folks -- I am psycho after all! These last PRs have been to keep "eyes on" and ramp up to the big one, Elizabeth!

Oh, I meant psychic! [Smile]
 
Posted by Chopper on :
 
State,
The un-audited results are really no different than the audited and we should see a nice spike in pps. Go take a look at the HISC website (http://www.hissusa.com/). They posted the un-audited results and the pps went into the teens! Big Apple helped them with that and are doing the same with Plasticon. We should see the results posted on Plasticon's web site as well. I think they are ramping up for some great news back to back IMO. Soooooo GO PLNI!
 
Posted by mrgr8avill on :
 
I agree, State -- unaudited results will only be yet another step, but since I really don't care too much about the daily pps (except for entertainment), I would view it as another solid step towards achieving our goal, and it might just bump us up against that .02 ceiling one or twice.
 
Posted by mrgr8avill on :
 
I also think that the effect of unaudited results depend on the company. Some companies that are more speculative release their numbers, and it does nothing. OThers (like Chop just said -- HISC, IGTN) release UA and pop hard. It would be nice to break through on UA and I don't make any predictions, but either way I will be very ahppy to see them.
 
Posted by mrgr8avill on :
 
shake shake shake -- shake shake shake

-------------

09/13/2005 08:13:55 0.014 700 Trade i
09/13/2005 08:42:15 0.0141 100 Trade i
09/13/2005 08:42:44 0.014 100 Trade i
09/13/2005 08:43:17 0.0139 500 Trade i
09/13/2005 08:43:20 0.0139 1000 Trade i
09/13/2005 08:43:21 0.0139 20 Trade i
09/13/2005 08:43:35 0.0139 100 Trade i
09/13/2005 08:43:40 0.0138 100 Trade i
09/13/2005 08:44:20 0.0139 1450 Trade i
09/13/2005 08:44:33 0.0138 1350 Trade i
09/13/2005 08:50:18 0.0137 5000 Trade i
09/13/2005 08:50:24 0.0138 180 Trade i
09/13/2005 08:52:12 0.0138 2600 Trade i
09/13/2005 08:52:16 0.0139 2600 Trade i
09/13/2005 08:56:14 0.014 52253 Trade i
09/13/2005 09:01:37 0.014 1000 Trade i
09/13/2005 09:13:29 0.0135 50 Trade i
09/13/2005 09:13:32 0.0141 50 Trade i
09/13/2005 09:13:47 0.0141 950 Trade i
09/13/2005 09:21:46 0.0135 600 Trade i
 
Posted by cold_up_here on :
 
"Our legal counsel has just completed the initial due diligence on Pro Mold and has given us the green light with the acquisition, pending completion of Pro Mold's audit which should be finished in less than 30 days," continued Mr. Turek. "We are happy that this process has moved forward expeditiously, and we have set a tentative closing date for the first week in September".

???????????????

Semco-Delayed
Promold-Delayed
Audit-Delayed Indefinitely

Turek talks about a NASDAQ listing after an OTCBB listing! What a bunch of nonsense with Plasticon. Like I stated before, just look at the last three letters of Plasti(con). Admit it people, you've been had! Hurry COLD, jump back in at .019, don't miss the boat! Bawhahahahahaha!!!!

BTW- Where's FOT? What was his valuation of PLNI? 10 cents? Ya, just like GRDX! Good going there buddy!
 
Posted by cold_up_here on :
 
"We believe that the retirement of shares will add tremendous value for our shareholders, said Jim Turek, President and CEO of Plasticon International. This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares."

Will add TREMENDOUS(immense) value- Who's smokin' what down at Plasticon!

Actual value? I have also stated that "fair value" of Plasticon is in the area of .0075-.009
How about that? The current PPS is almost at my upper end target!
 
Posted by Bearclaw on :
 
Cold...
Your like having a pet...who sheets all over the house...
 
Posted by buckstalker on :
 
Cold...you need to brush up on your math too
.009 is a long way from .014
 
Posted by nattty04 on :
 
Im just ready for some more news, just want this to go to .02-.025ish again so i can sell and make a quick buck, wishful thinking? lol
 
Posted by Chopper on :
 
Hey Buck,
Nice to see you here. I think Cold is using that New fangled Math on his Ti-83.
Keep up the good work Cold! You may still want to raise your Min bid to .0130, not that it will ever go that low again. [Eek!]


quote:
Originally posted by buckstalker:
Cold...you need to brush up on your math too
.009 is a long way from .014


 
Posted by mrgr8avill on :
 
Cold -- here's another view:

1) Matt said "any day now"
2) Matt loves to ramp news
3) Matt loves to release on Wednesday
4) T&S indicates our volume has been supportive rather than resistive.

Makes things look a little different.

Shake shake shake

Shake shake shake
 
Posted by buckstalker on :
 
Hey Chop...Yea, that is some fuzzy math that Cold is using isn't it...what scares the he77 out of me, is that this guy is up here in Michigan building our roads!!!LOL

quote:
Originally posted by Chopper:
Hey Buck,
Nice to see you here. I think Cold is using that New fangled Math on his Ti-83.
Keep up the good work Cold! You may still want to raise your Min bid to .0130, not that it will ever go that low again. [Eek!]


quote:
Originally posted by buckstalker:
Cold...you need to brush up on your math too
.009 is a long way from .014



 
Posted by successinstock on :
 
adding 400k AON at .0137,,,,filled.

you take it down i buy....

so endth the lesson.
 
Posted by successinstock on :
 
seeing fills at .0134 which is below bid.....

somebody that desperate to sell that they would take less than the bid price?
 
Posted by bmaxingout on :
 
i know that this is a great company and it will pay off big time so i guess im in a kind of holding pattern for now would really it if ceo comes out with some numbers soon
now this company must understand that some of us shareholders are holding large positions in plni and will start looking else where if thier money isnt growing.
ive been holding my shares for a long time now and plan on holding for alot longer but ceo needs to give us something for holding for this long. i want to see those shares bought back,news on semco,and start reporting.
turec cant just sit on his hands for ever.

todays good news for me is that amep is moving big time and will be for a long time AMEP is going to be huge imho amep will dwarf tnog by a long shot

good luck all and lets make money
 
Posted by state780 on :
 
Two interesting posts at R b , and here is the first, from a transamw73i

quote:
I don't post information much, here or anywhere, because it is usually misused and misunderstood. If this happens herre, I will not post anymore.
I talked to Matt today. The audited financials will be out in the next two to seven days for the present year. The audit for the last three years will be out in 2-3 weeks. They are going back for all companies concerned three years to exceed the NASD requirement of two years. This is to avoid any complications when the final audit is released, because they will submit the papers to go to the OTC at the same time the final audited numbers for the last three years are done. He satated the audit for this year is done, but not finalized. He gave me a profit description,but I will not post it here. It only opens doors for harassment. I asked what is the real delay for the audit. He stated that when you go back three years for companies that were not under the same accounting practices , the auditors want 1+1 to = 2. Especially since they (Matt) has placed such an importance that these numbers leave no room for error. They , under no circumstances want to jeopordize the OTC submission. I asked him about the 200 million share retirement. He stated that the papers are filed, accepted and done deal. The 1.8 billion O/S is after the 200 mil share buyback.
I present this as maybe a clarification for some. Maybe for others it does not help. If this is used agaisnt the company, used for opportunity to bash, or mishandled in any way, I will not post again. Please keep in mind, I do not need substantiation from anyone here. I am here to hold intelligent discussion of the company and it's stock. Hopefully to contribute to everyone's ability to buy , sell or hold. It is presented as information only, no skew or opinion from me. GLY everyone, as always do your own DD.

Jim [Embarrassed] )


 
Posted by state780 on :
 
and the other, from a nezztime:

quote:
Update...
As is my usual practice, when I call Matt I relay the information I get as many on this board have done the same, if not more for me.
In my last group of posts over the last several days, I said that the time for another call was coming. I called Matt Fri, Mon, Wednesday and again today.
He got back to me today and I asked about the unaudited numbers, the audited numbers and the application for the OTCBB.

1. I was told that the unaudited numbers would be coming out "any day", it could be Wednesday or, the days immediately following. This is in stark contrast to earlier calls that produced a response from Matt of "very soon." To me this indicates a large narrowing of the release date.

2. The "audited" numbers will be out in 15 - 20 days. Previously, I was given no indication of number of days until the "audited" work will be released. Again, to me this is a big departure from earlier return calls.

3. The application process for the OTCBB will "immediately follow the release of the audited numbers." This too is a greatly narrowed time frame from previous calls. I believe that in previous return-calls, I was told something like, anytime after. To me anyway, soon after the audited numbers are released (15 - 20 days), is far more specific than anytime after.

If this is well known information, I apologize.
Again, I have to stress that Matt RETURNED my call. Personally, I find this to be a sign of integrity and at the very least courtesy. The person that answered my call, today, said that Matt would not be in the office tomorrow and asked me, in spite of the previous two messages I left, if wanted to leave another as she thought he would be leaving for the day soon. Obviously I chose to leave another message and was gratified to get a return call.

My history of calling Matt and receiving return calls stands at 100%. I feel that if there was anything other than ultra caution going on with the release of information, we would not be treated with this level of courtesy. I am not a "millions of shares holder" but I feel like I am being treated with the same level of respect. To me, this is encouraging.

Again I'll say that I feel the word "Methodical" exemplifies this company. As a result, I feel we are witnessing a very thorough effort to "get it right the first time" as anything less will invite hyper-negative speculation and additional legal and consulting costs.
Go PLNI and GLTUA! - Nez


 
Posted by state780 on :
 
Nez later spots a discrepancy between his report and the first one

transam:
The audited financials will be out in the next two to seven days for the present year. The audit for the last three years will be out in 2-3 weeks

nez:
1. I was told that the unaudited numbers would be coming out "any day", it could be Wednesday or, the days immediately following. This is in stark contrast to earlier calls that produced a response from Matt of "very soon." To me this indicates a large narrowing of the release date.

2. The "audited" numbers will be out in 15 - 20 days. Previously, I was given no indication of number of days until the "audited" work will be released. Again, to me this is a big departure from earlier return calls.
+++++++++++++++++++++++++++++
So nez says this:
Trans, no offense, but I usually take notes during calls...
do you?
Seems as if we have a difference as to what Matt told who regarding the release of "AUDITED" numbers.
Nez


And trans replies:


I wrote it almost word for word. I take notes also. I talked to him at 2:30 p.m. Wisconsin time, if that helps any. My conversation was short and to the point. I usually have my list made up ahead of time. Differences could be related to new information, changed information, and decisions made behind closed doors. All of this is only an indicator anyway. They will publish the audit when it is right and they are ready. Basically, I got the feel, he feels confident it will be within a week for the present year and 3 weeks for the last three years. All is always 50 / 50 until it happens !!!

Trans

+++++++++++

So. Make of it what you will.
 
Posted by Bearclaw on :
 
What is the difference? The information on both is very good and close enough for horse shoes. Thanks to all three of you for the information and request the nit picking be kept to a minimum...Trans offered the information in the way he discribed and we should honor his request...IMO...Good luck to all..and thanks again guys...


quote:
Originally posted by state780:
Nez later spots a discrepancy between his report and the first one

transam:
The audited financials will be out in the next two to seven days for the present year. The audit for the last three years will be out in 2-3 weeks

nez:
1. I was told that the unaudited numbers would be coming out "any day", it could be Wednesday or, the days immediately following. This is in stark contrast to earlier calls that produced a response from Matt of "very soon." To me this indicates a large narrowing of the release date.

2. The "audited" numbers will be out in 15 - 20 days. Previously, I was given no indication of number of days until the "audited" work will be released. Again, to me this is a big departure from earlier return calls.
+++++++++++++++++++++++++++++
So nez says this:
Trans, no offense, but I usually take notes during calls...
do you?
Seems as if we have a difference as to what Matt told who regarding the release of "AUDITED" numbers.
Nez


And trans replies:


I wrote it almost word for word. I take notes also. I talked to him at 2:30 p.m. Wisconsin time, if that helps any. My conversation was short and to the point. I usually have my list made up ahead of time. Differences could be related to new information, changed information, and decisions made behind closed doors. All of this is only an indicator anyway. They will publish the audit when it is right and they are ready. Basically, I got the feel, he feels confident it will be within a week for the present year and 3 weeks for the last three years. All is always 50 / 50 until it happens !!!

Trans

+++++++++++

So. Make of it what you will.


 
Posted by Chopper on :
 
Well it appears Trans, Nez and myself all got about the same info. I called Friday.
I recall the pps seems to always dip a day or 2 before a good pr.... I'm locked and loaded ready to go.

COLD, you may have missed your shot buddy. GLTY


quote:
Originally posted by Chopper:
After a couple of phone calls, here is what I was able to glean from the powers to be.

We should have Un-audited results very soon(Any Day Now), with a couple of 10q's right behind it. (First and second quarter) They will then file right behind that for the OTC/BB with the Audited results. The Semco and Promold acquisitions will not be included in the filing.

The share retirement is complete and appears to be reflected in the various web sites reporting. I suggested that they pr the share buyback / retirement Completion.

The SEMCO deal is all but done. The only thing that is left is for the final chemical analysis of the core products to verify the claims made by Semco. This appears to be going very well and will be finalized soon I am told. The acquisition should be completed totally in October.

Promold's financials came back and all appears fine and is in the corporate attorneys hands for final review and approval. This acquisition should also be completed in October.

The acquisitions made by Plasticon are no different than those made by the IBM's of the world and IMO they have moved along fairly quickly in the grand scheme of things. We all have seen some of these type of acquisitions take as long as 1 1/2 years for some companies, so this is pretty darn quick. Plasticon will be a Monster in a very short time and I think we will all be pleased with our share holder value.

Just some thoughts to start the day positive. GLTA [Big Grin]


 
Posted by imakmony2005 on :
 
The run is done.
 
Posted by BuyTex on :
 
run?

did i miss sumpin?
 
Posted by imakmony2005 on :
 
ABOUT A MONTH BACK TEX.MAYBE MORE PLAYING WHOS GOT THE BAG.
 
Posted by mrgr8avill on :
 
You heard it folks -- the run is done.

[Confused]

And frankly, I am glad -- all that excitement bouncing from 13 to 15 was really starting to get to me

Thanks to State for the finds. It all fits together with today's trading pattern and the last series of PRs.

I look forward to the debate of "2-3 weeks" vs. "15-20 days" -- it will give us something to talk about as our accountants our going over our capital gains. Those of us still in ICMH are getting quite a kick out of such a nitpick, to be sure, and only WISH we had something like that to debate [Smile]

I will be watching my RSS feed tomorrow and Thursday at 8:30 EDT to be sure.
 
Posted by mrgr8avill on :
 
imak -- you are way off dude. This baby hasn't really run in a long time -- way longer than a month. We have been dead in the water since well before the end of July, when Cold was telling us it would be the end of the world if we didn't hear audit results.

Heck, I'd bet it's been -- wait let me check -- it has been MORE THAN FOUR MONTHS since our last really big run.

Imak, you are a little late with your "run is done" thing -- you should have said that four months ago.

But Bagholders? Hmmmm... not once since the end of May have we dropped below .012, and it has been rare since then that we drop below 13 (and haven't since the middle of July.

In fact, PLNI ran from .0030 to .0185 and never retraced lower than .012. It has held above that retracement for going on three months.

All this despite the lack of hard news and figures and all the other stuff you guys bitch about (I hold out Cold, of course, who is welcome to bitch all he wants).

Why????

Because of the forward-looking stuff. That has been building and building and building.

And missed deadlines happened before BAC got involved. Now, we are on a much better course.

But I digress - I am not going to make you a believer, and don't really intend to.

But I do want to point out the plain dummy-ness of your "bagholder" statement. Look at the WHLI chart to see what a bagholder is. There is no such thing as a bagholder in a stock that holds strong for such a length of time.

THAT run was over 4 months ago. We are here waiting for the next one. You really should be a little more timely in your posts, there, Sparky.
 
Posted by bmaxingout on :
 
"the run is over" well the last run is over if we get where the company is fully reporting then we will be seeing a new run
then we will have something to chat about wont we
 
Posted by clbgroove on :
 
All the sudden everyone has Bill Clinton English, as he said best "well it depends on what the definition of is, is"

I think very soon that the term RUN will be replaced with a much faster version::: RLH

Now go Run Like He77 U biotch and show these meatheads they can only hold back a bomb for so long!!!!

Wait till someone calls CNBC and says PLNI/ I'll take a whole bunch off the table and ring the register and get back in about a month later for a BEAUTIFUL swing play.

Boooya
 
Posted by mrgr8avill on :
 
BOO-YAH!!!!!! Groove! [Big Grin]
 
Posted by BuyTex on :
 
quote:
Originally posted by imakmony2005:
ABOUT A MONTH BACK TEX.MAYBE MORE PLAYING WHOS GOT THE BAG.

oh, sorry--did not realize you reacted to month-old trends...but, hey, don't blame you: I often don't read the newspaper for a week or two. Don't wanna be reactionary...

still gotta ask, though: WHY ARE YOU SHOUTING at me, lol? I can read, Scout's honor...
 
Posted by Bearclaw on :
 
mrgr8...
Thanks for the new info...tried to answer you but AS says your message box is full...thanks again...

quote:
Originally posted by mrgr8avill:
BOO-YAH!!!!!! Groove! [Big Grin]


 
Posted by successinstock on :
 
called Matt to confirm the board "gossip" and also ask him a couple other things.

The person who answered the phone said that Matt was out today on "a business trip"....I left him a voicemail and will advise when he calls me back.

GLTA
 
Posted by RahzM1ght on :
 
POOR PLNI, WHY THE BIG DROP [Frown]
 
Posted by Chopper on :
 
Seems to always drop before a big run. No Worries.

quote:
Originally posted by RahzM1ght:
POOR PLNI, WHY THE BIG DROP [Frown]


 
Posted by bond006 on :
 
why the big drop every body wants to see the audit and finanicials so far no show no reason to go any more i know of the other things that make this a great stock and i hate to see my profit disapeare but not many people were interested in finanicials this april of this year when jim turek made the offer of them in may to have them by the 1st week in july and he turned them into an issue not the investor's so if you think the co is great which i personaly do buy more here its worth it. financials will be here most likely on monday or tuesday imho
 
Posted by StockHunter on :
 
Has anybody else noticed that MM Wilson-Davis (WDCO) has been selling a lot of stock the past couple weeks. They are the main drag on this thing.

By my math and from info on the boards, PLNI issued 600 million shares then retired 200 million in the past few months. Its doubtful they gave Big Apple the bulk of that, so where did the rest go? Is WDCO representing the owner of those new shares? I doubt Big Apple would be allowed to sell shares as long as they are under contract. Could any single shareholder have accumulated so many shares in the open market that after selling tens of millions they still have more to go? Doubtful. My suspicion is that a chunk of stock issued to someone or some entity is behind the WDCO sales. If they're shorting for their own account(very doubtful,IMO)that would be constructive since they eventually have to cover. We may never find out, and maybe its not that big a deal, but as a former MM I'm curious.

I don't worry about the NITE's and SCHB's, its the occassional players that seem to really move this stock. WDCO, how much more do you have to sell?
 
Posted by nattty04 on :
 
i am trying to hold on to this but i want to let it go pretty bad, is plni going back up? lol
 
Posted by mbmaid on :
 
Yes, it's going back up...right now.
 
Posted by cold_up_here on :
 
Going back up? You have got to be joking! Man I am so glad I didn't reinvest in PLNI. Hurry up Cold! Ya right!

Your awesome ceo has done irreversible damage to current shareholders as well as potential shareholders. What a mess! Bawhahahahahahaha!!!!!!
 
Posted by nattty04 on :
 
I do agree with cold, delays = horrible CEO, BUT atleast it is going back to green. Im in 79K at .0151. Was more of a short term thing that looked good but just kept going down. No matter, I got 175K of AMEP and well thats good enough for me, lol.
 
Posted by mrgr8avill on :
 
quote:
Originally posted by Bearclaw:
mrgr8...
Thanks for the new info...tried to answer you but AS says your message box is full...thanks again...

quote:
Originally posted by mrgr8avill:
BOO-YAH!!!!!! Groove! [Big Grin]


Wish it was better -- check your PM -- but I tried [Frown]
 
Posted by mrgr8avill on :
 
I only have a few minutes and have to bail for the day, but I noticed something interesting on the surface someone should check out in greater depth. I was looking at the chart from the day before the retirement PR, and it looks pretty similar to today's action.

Worth looking at. Still thinking about tomorrow [Smile]
 
Posted by Bearclaw on :
 
Empty your PM Box hahahahaha I tried sending 2 PM's FULL!!!!

quote:
Originally posted by mrgr8avill:
quote:
Originally posted by Bearclaw:
mrgr8...
Thanks for the new info...tried to answer you but AS says your message box is full...thanks again...

quote:
Originally posted by mrgr8avill:
BOO-YAH!!!!!! Groove! [Big Grin]


Wish it was better -- check your PM -- but I tried [Frown]

 
Posted by mrgr8avill on :
 
I am getting a crapload of PMs for what is going on in the QBID thread -- can't empty em out fast enough. Should be a few spots now...

In the process of moving so can olny check puter every now and then. Still think we are ramping for something on PLNI
 
Posted by nattty04 on :
 
Look at the charts, the usual dip for the last two runs is at the low right now. I would not be surprised to see it run in the next two days, no guarantee but it would follow the trend over the last couple of months.
 
Posted by successinstock on :
 
folks ...

this text was from another website. (lancej author)

"So with all these rumors flying around about PLNI, I wanted to get the REAL scoop about the progress of the audit so I gave their Investor Relations Department a call today. Below is a summary/transcript of my call.

Receptionist: "I'm sorry but Matt is away in a meeting. Are you a broker or an individual investor?"

LanceJ: "I'm a Superior Investor.net contributor and I only have one, real quick question I'd like to ask."

Receptionist: "Oh. Just one moment please."

Matt: "Hi, this is Matt."

LanceJ: "Hi Matt this is Lance. I know you're busy but I've got just one question for you, the million dollar question, when will the audit be completed?"

Matt: "I can not release that information."

LanceJ: "Rumor has it that you did release the information over at RagingBull.com and that you stated it would be done in 2 to 7 days."

Matt: "Is thats what's being said? Listen, no one has that information and no one can release the information, and no one has released that information."

LanceJ: "So you're saying that it's not true that the audit will be released in the next 2 to 7 days?"

Matt: "No, I'm not saying that. I can neither confirm nor deny that information."

LanceJ: "So you're saying that 6 months is a better time frame?"

Matt: "No, I'm not."

LanceJ: "So you're saying that 6 months is too long?"

Matt and LanceJ both start laughing...

Matt: "No, I'm not. I mean 6 months is too long too wait for an audit... I mean I can say that 6 months is a long time to wait for an audit, and would be a long time to wait, probably too long in any case."

LanceJ starts laughing...

LanceJ: "Look Matt, here's what's going on. There are lots of rumors flying around, then there's others who are angry that the audit has taken this long. Being that I'm a contributor at SuperiorInvestor.net, there is a higher journalistic standard there and so I'm just trying to get a bead on what is really going on here."

Matt: "I know Lance, I know. I understand. What I can say is that the audit is in process and that it is going well... actually very well at this point."

LanceJ: "Thank you very much sir for your time."

Matt: "No problem Lance, you have a nice day."

LanceJ: "Thank you, you to."

So there you have it. This guy is as tight lipped about the release date of this audit as Bill Clinton was about Monica Lewinsky. He hasn't said anything to anyone. I have no doubt that the rumors about the audit being done in 2 - 7 days is someones educated guess and not based on "inside information".

He was extremely professional and when he perceived that I was twisting his words a bit, trying to infer any little thing I could, he knew the professional way to respond, to start just saying "no" and speaking very little. I could not shake him, I could not trip him up, I could not get him to stumble into anything. This guy knows how to handle the investing public, and isn't about to say anything to anyone that could land him in trouble with the SEC.

Anyone claiming to have called Matt, and that Matt told him the audit would be done in 2 to 7 days is most likely fudging the truth.

From the conversation above, I do believe the audit is going extremely well and is almost finished. I do believe that we will not be waiting 6 months for the audit to be released either. I believe that the audit will be completed anywhere from now, to probably 4 months from now, but I'm blindly guessing."
 
Posted by DQ. on :
 
I've been waiting for the audit for a year and a half now. Bout time to release the thing and get this train down the tracks.
 
Posted by nattty04 on :
 
You and me both, but who the heck knows when that will be. Just know that when it hits the price will hit and thats all that will mattter. BUT, if you look at the chart over the past 4 months. The normal trend tells us that it should run VERY SOON. But thats just reading charts and this is penny stock so never reliable, but its something to think about.
 
Posted by RahzM1ght on :
 
SUCCESSINSTOCK- GOOD TRY. [Smile]

WELL ITS ANOTHER DAY AND THE STOCK AND HOPEFULLY TODAY IS A MUCH BETTER DAY.
 
Posted by state780 on :
 
quote:
Originally posted by DQ.:
I've been waiting for the audit for a year and a half now. Bout time to release the thing and get this train down the tracks.

Yes. This is getting old.
 
Posted by bond006 on :
 
you are not kidding i have been in this since march of this year and i am getting fed up with waiting and i was fed up with bill howe a long time ago i am staying in because of the most likley good return and buying on the dips i hope that jim turek has learned a lesson from this if you over promis and under deliver your pps suffers and your credability goes out the window. glta
 
Posted by RahzM1ght on :
 
IM GETTING FED UP TOO WITH THIS STOCK, BEEN IN SINCE MARCH ALL I HEAR IS BULL THAT THIS STOCK IS GOING TO EXPLODE, LOOKS LIKE ITS IMPLODING TO ME. IM THINKING ABOUT LEAVING THIS STOCK ALONE
 
Posted by Pebbles' Mom on :
 
Me too.
 
Posted by cold_up_here on :
 
Still time guys! Dump now and get back in around .009 with me! PLNI has 'GAME-OVER' written all over it! Bawhahahahahahahahaha!!!
 
Posted by RahzM1ght on :
 
cold_up_here im starting to believe you now, sad but true. Your bashing may have some truth behind it.
 
Posted by bond006 on :
 
all you peeps that are fed up like me hang in there until about tuesday or wednesday of next week you have waited this long let them have there seven days. now don't be surprised at the figures there was a reason that they put a pr out of the blue, of 20 million in patent values because i am sure they will use that figure to pump up the asset value and show a better book value on the stock hang in there uless they do an r/s which jim said they would not do you will be rewarded.
 
Posted by bond006 on :
 
if we don't hear anything we will go to the plni web site and all email old fat boy himself to find out why
 
Posted by Thorn on :
 
Hey! It's back up to .013; so there Cold! [Razz]

I'm not going anywhere, and why would anyone buy into this stock if only to bail on lack of action? Why did you buy it if you are disenchanted already? [Razz]
 
Posted by mbmaid on :
 
I took myself out a few weeks back at .0148. I'll come back when the audit comes in, and we get that run we're expecting. Too many other deals out there right now.

I was told that the audit won't be here for another 4 months.
 
Posted by bond006 on :
 
i would not leave now because i think we are a week from a good secound run the only reason i would leave is if i needed capital for a sure thing and right now this looks better than most even though it is trying to me
 
Posted by bond006 on :
 
look just patent value alone worth .01pps


Plasticon Intl. (PK: PLNI)

News Announced Monday, September 12 at 8:30 am EST

Plasticon Receives Patent Confirmation for PAC Chair III Plasticon's Patents Now Valued at $20 Million

Last week we placed Plasticon in our Trader’s Corner as a new pick. PLNI has pulled back to major support at about .013 to .014 per share, and appears ready for a move higher. We believe the Company must deliver on its audit to make this stock really fly, and it is one of many hurdles we expect Plasticon to clear over the near-term.

The news on Monday gives serious support to valuation of PLNI. The company has already announced plans to reduce the share count, but even at two billion shares the patents alone make this worth .01 per share. Its contract with BlueLinx, the largest building materials supplier in the country, gives PLNI serious upside potential. Plasticon has no debt and has recently announced profitability. As soon as production is ramped up, we should see nice gains ahead.

LEXINGTON, Ky., Sept. 12, 2005, Sep 12, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI), the technology leader of the recycled plastics sector, announced today it has recently received confirmation of the company's patent for the PAC Chair III product, the latest innovation from the company.

The PAC Chair III, in one product, replaces all four conventional metal rebar support products -- wire, galvanized, epoxy coated, and stainless steel. "Our industry first PAC Chair III includes the mesh market and the on-grade market with a single product that is both stackable and self-contained with a sand plate, allowing for 3 heights (2 rebar and one mesh)," said Jim Turek, president and CEO of Plasticon International. "This makes the PAC Chair III the most versatile individual rebar support on the market today."

Sales of the PAC Chair III will be made through Plasticon's exclusive domestic distributor, the largest building materials distribution company in the U.S. with 63 strategically located warehouses nationwide.

"Because the PAC Chair III products are stackable, they are much more convenient for workers in the field," Mr. Turek said. He continued to state that, "Metal rebar supports are not stackable, making it difficult to carry more than 32 at a time in a large box. However, the PAC Chair III is stackable, allowing a worker to carry up to 225 individual supports in that same size box. This product gives the construction industry a tremendous opportunity to increase efficiency and productivity. The PAC Chair III also reduces shipping costs. We are pleased that the demand is so high for our newest product offering, and we believe that the clear advantages this product offers will continue to drive sales."

The PAC Chair III is the most recent patent that the company has received. According to an independent appraiser and the federal courts, Plasticon's recycled plastic product patents are valued at $20 million. Additionally, since the inception of the company, Plasticon has built an inventory of injection molds that the company owns outright, which are presently valued at over $10 million.

For more information about Plasticon International, please visit the Plasticon International web site at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site for 30 days starting Monday, August 22, 2005 at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.

About Plasticon International, Inc.

Plasticon International
 
Posted by mrgr8avill on :
 
Haven't been posting here too much this week. Too bad to see the camel's back starting to break from some of the "old timers."

This has been a rough week in terms of expectations not being met. And I hope all of you who have lost confidence DO get out until you see something positive. There is no reason I can think of why anyone should leave their money in a stock that isn't performing, and isn't (in their heads) going to pop anytime soon.

We shot through the 13's pretty quick, and broke 13 for the first timein a long time (though not by much). I am still looking at our first post-run retracement to 12 as the breakpoint for me. Anything else I considered "instantly" reversable if big news hits.

I too am frustrated and kinda ticked that nothing but forward looking stuff has come out in a long time.

But for me - I look at it like we have been to 13 a few times without any damage. I don't care so much about day2day stuff except just love the idea of a run. In the long-term position, I am still really bullish and won't be seriously reconsidering until we get near that 12 retracement level.
 
Posted by $Keith$ on :
 
Closing in on Cold's Limit Order...

PLASTICON INTL INC
(Last Trade: .0125)
Trade Time: 3:59PM ET
Change: -.0009 (6.72%)
 
Posted by cold_up_here on :
 
"We believe that the retirement of shares will add tremendous value for our shareholders," said Jim Turek, President and CEO of Plasticon International.


I love this statement! All those PR's and the PPS sits at .0125 Let's recap...

*Semco delayed
*Promold delayed
*No audit
*No audit update from Jim/Matt
*o/s is 600 million more than expected
*200 million shares not officially retired
*no unaudited numbers
*ceo failed to update shareholders on missed deadlines

Now you know what I mean by total mess! This will be getting much worse before it gets any better. Take it from a guy that's been through the corporate/mutual fund scandals! I can't believe these ceo's are still pulling this crap, unbelievable! When you continuously mislead the investment public, you will be held responsible. Best case scenario I can forsee is some sort of take-over. Short of that it's 'Game-Over'
 
Posted by clbgroove on :
 
So you LONG guys still think they sent out those flyers just because they had extra money laying around??

As I said before my consenses was they did it to say hang on its going to get bumpy but hold tight.
Lets not everyone forget that they know the MM's have manipulated the he77 out of this and will try to nail them and make them "eat a whole bunch of shares" per both Bill and Jim.

Appears that they MIGHT do a good job of it if they slam all the above delays all at once. I would suggest anybody who wants to make an investment to do just that and the ones that want to gamble with the quick money like all the other 97% of the pinkie's:::: Go to Vegas cause you'll have more fun!!!

BTW Cold....we have still yet to break under 12 and its going back up tomorrow, yes on a Friday after this BS day. GL on your .009
 
Posted by DQ. on :
 
Would you sell this just to go lose all your money in some other stock??
This stock will be much higher. so what if it is a year from now. I could do .50 PPS this time next year. Now would be good for me but I'm sure it'll come in handy then.
Besides...is this not a very stable pink stock??
Even with no news and bashers does it not continue to hang it this price range?? How many other pinks do?
Many others go back to ..003 or .004 but not PLNI.
Hold your ground folks..it'll be a GREAT Christmas in PLNI land!
 
Posted by bond006 on :
 
no i am still long i love what this co is about but i will say matt told lots of people on this board and r/b that unofficial figures would be released in 2 to 7 days and the official audit done in 2 to 3 weeks this has been going on long enough remember we did not make this an issue it was offered to investors by jim turek himself,he is the one that started the ball rolling on this subject and there is plenty of pr's to verify that. if it does not come through this time we should all go over matts head and call mr. turek to account for his statements and hear right from him what is going on and what he is doing about it. we invested our money on his word and we do need information to make decisions about our investments as we are all in the same boat.so let give mr turek his due again wait and give matt at apple his 2 to 7 unofficial and 2 to 3 weeks for the offical and proceed from there.
 
Posted by DQ. on :
 
WELL????????
 
Posted by RahzM1ght on :
 
THIS STOCK SUCKS [Frown] I HAVE NEVER SEEN IT THIS LOW BEFORE. WTF IS GOING ON. IM ABOUT TO EXIT, I LOST 800 DOLLARS DAM. WE ARE GETTING VERY CLOSE TO COLD UP HERE FILL.
 
Posted by Chopper on :
 
Well now i know we are getting close to Big News. Everytime the MM's shake this puppy this hard the news follows right behind. Looks Like Manipulation at its finest. Just stinks watching it.
 
Posted by DQ. on :
 
Yes, if anyone was wanting to finally get into this one I think today is your day. Take advantage of it.
 
Posted by RahzM1ght on :
 
cold_up_here IS LAUGHING AT US ALL. WE SHOULD OF LISTENED TO HIM. DAM
 
Posted by clbgroove on :
 
look how quick they dropped it on low sells, this is just like the good ole days shakes right before the big run of news.

Its gettin ugly but I had a strong feeling it was gonna get worse before it got better!!
 
Posted by clbgroove on :
 
quote:
Originally posted by Chopper:
Well now i know we are getting close to Big News. Everytime the MM's shake this puppy this hard the news follows right behind. Looks Like Manipulation at its finest. Just stinks watching it.

I'm with Chopper on this one.
 
Posted by shortnite on :
 
I wish I had more money in my account. This is going to take off.
 
Posted by Thorn on :
 
Lol. They're just trying to entice cold. Get it close to .009 and then shoot up. BB cold!
 
Posted by MonkeySurf on :
 
Rahz. Why would you think about selling now? This is the time to buy.

After holding through many swings, of which if I were a better trader with more time I would have profited from, I'm definitely not going to sell at one of the lowest prices since the initial run. Thats not a good trading strategy. I will wait and exit after the audit.
 
Posted by Pebbles' Mom on :
 
And who knows when that will be ?
 
Posted by mrgr8avill on :
 
I agree -- it looks like time to load up. If nothing happens next week then you have averaged down. I just rue the day that we will have to officially welcom Cold into the fray of long-term positive holders.... It ain't gonna happen. Not at 009

Please say iut ain't so.

I sure hope this stays down until Monday EOD so I can give it the loadup it deserves at these levels. Looking at T&S though there don't appear to be too many sellers -- just hope for some panic and ticked off.

Like I said though -- if you don't think this will hit, cut your losses and run. But I am really excited to see today's low volume drop and hope to be able to take advantage of it fully.
 
Posted by Thorn on :
 
It hit .0012!! Cold, did you get a fill? lol.

fat fingers [Wink]
 
Posted by RagsToRiches on :
 
hello my fellow plasticons...I'm looking to put in some money in PLNI. This is the time to buy.

Here is an interesting section on the handbook of bashing that I found online. I wonder if cold reads it. I find number 2 and number 6 particulary

Here's a section of the handbook. I find it funny.

Rules for Successful Bashing:
1.) Be anonymous
2.) Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.
3.) Let otheres help you learn about the stock. Build a rapport and a support base before initiating your Bashing routine.
4.) Enter w/humor and reply to all who reply to you.
5.) Use multiple ISP's, handles, and aliases.
6.) Use 2 or more aliases to simulate a discussion.
7.) Do not start with an all out slam of the stock.
Build softly.
8.) Identify your foes(Longs) and the boards "guru". Use them to your advantage. Lead them do not follow their lead.
9.) Give the appearance of being open minded.
10.) Be bold in your statemetns. People follow strength.
11.)Write headlines in caps with catchy statements.
12.)Pour it on as your position gains momentum. Not your personality.
13.) Do not lie name call, or use profanity.
14.) If the price rises, blame it on the hype or the PR, temporary mass reaction, the market, etc.. Anything but the stock itself..
15.) If other posters share your concerns, play on that and share theirs too.
16.) Bait the Longs into personal debates putting their focus/efforts on you and not the stock or facts. Divert their attention from facts.
 
Posted by $Keith$ on :
 
Last Trade: .0114
 
Posted by buckstalker on :
 
OK so where is NITE getting all of these shares to sell at .0112...They are either shorting the he77 out of it, or there is more dilution going on that we are not being told about...
 
Posted by Thorn on :
 
Hey, with today's rules, why would an MM need actual shares? [Razz]
 
Posted by cold_up_here on :
 
Sweeeeeeeeeet! Probably will fill by EOD. Special thanks to your awesome ceo!
 
Posted by StockHunter on :
 
Suggestion: Enter your below market buy orders NOW!!! There's been spike washouts on Fridays before because a few people panicked and there were no bids below. Then everyone rushed to get their bids in and the stock ran before anyone could take advantage of the cheap prices.

There won't be a washout spike if enough people put in big bids below. Then any MMs who did short this thing expecting typical friday sellers will be forced to cover or risk an announcement on Monday. I've got big scale bids below just in case.
 
Posted by bond006 on :
 
i don't think cold is the type to laugh at others mifortunes simply because he knows what it is like to have them i think we are going up shortly imho simply because the fundamentles are to good at this point do i believe turek about the future of plni yes do i believe his every day blathering about how he is right now no. he isn't a bad man but he seems to be impulsive but he sure has his finger on his product and he sure is good when his back is to the wall. alll in all this is a time to buy imho this won't happen again any time to soon
 
Posted by DQ. on :
 
Sure gonna piss Cold off to miss out by a couple of ticks.
 
Posted by Doctoall on :
 
RagsToRiches
Member


Member Rated:
posted September 16, 2005 12:23
--------------------------------------------------------------------------------
hello my fellow plasticons...I'm looking to put in some money in PLNI. This is the time to buy.

Here is an interesting section on the handbook of bashing that I found online. I wonder if cold reads it. I find number 2 and number 6 particulary

Here's a section of the handbook. I find it funny.

Rules for Successful Bashing:
1.) Be anonymous
2.) Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.
3.) Let otheres help you learn about the stock. Build a rapport and a support base before initiating your Bashing routine.
4.) Enter w/humor and reply to all who reply to you.
5.) Use multiple ISP's, handles, and aliases.
6.) Use 2 or more aliases to simulate a discussion.
7.) Do not start with an all out slam of the stock.
Build softly.
8.) Identify your foes(Longs) and the boards "guru". Use them to your advantage. Lead them do not follow their lead.
9.) Give the appearance of being open minded.
10.) Be bold in your statemetns. People follow strength.
11.)Write headlines in caps with catchy statements.
12.)Pour it on as your position gains momentum. Not your personality.
13.) Do not lie name call, or use profanity.
14.) If the price rises, blame it on the hype or the PR, temporary mass reaction, the market, etc.. Anything but the stock itself..
15.) If other posters share your concerns, play on that and share theirs too.
16.) Bait the Longs into personal debates putting their focus/efforts on you and not the stock or facts. Divert their attention from facts.
--------------------------------------------------------------------------------
Posts: 525 | From: la | Registered: May 2005 | IP: Logged |

RagsToRiches
Member


Member Rated:
posted September 16, 2005 12:24
--------------------------------------------------------------------------------
oops, meant to post this in the plni thread, not create a new thread.

--------------------
If you can't beat them, join them!

--------------------------------------------------------------------------------
Posts: 525 | From: la | Registered: May 2005 | IP: Logged |
 
Posted by DQ. on :
 
Just emailed Jim to ask some questions. I'll let you know if I get a reply.
I guess I have held this stock longer than anyone posting on this board. Bought in June of 2004. Been a long hard road and I feel that in holding this long I damn sure deserve some answers. Tried to call Matt but he was already gone till Monday. I WILL get some answers.
The biggest will be how does it take over a year and a half to get an audit out.
We'll see.
Good Luck All.
 
Posted by successinstock on :
 
DQ...

I have been in this stock from the old Wicklund days to present. It was a fun ride back then with just a few folks on a message board. Lately, it has become gut wrenching... Not sure what your average is but i am approaching breakeven and not very happy about it. I believe we are finally seeing the long over due retracement but we could also be part of a MM manipulation (for those who like the conspiracy theory)

Anywho,I appreciate your contacting PLNI. I tried a few days ago and Matt was "out of the office"...


Let's hope we bottom out this decline next week.
Good luck.
 
Posted by Doctoall on :
 
quote:
Originally posted by DQ.:
Just emailed Jim to ask some questions. I'll let you know if I get a reply.
I guess I have held this stock longer than anyone posting on this board. Bought in June of 2004. Been a long hard road and I feel that in holding this long I damn sure deserve some answers. Tried to call Matt but he was already gone till Monday. I WILL get some answers.
The biggest will be how does it take over a year and a half to get an audit out.
We'll see.
Good Luck All.

Been here right along with you, bought in April 2004 [Big Grin]
 
Posted by DQ. on :
 
Guess we are the Old Timers...My first purchase was at .04 for 10K shares. Bought the other 990,000 at .0033 to have 1 mill. total.
Anyway, I'll try to get some answers or I'll tell them all three of us Old Timers are dumping! (kidding)
Would LOVE to see .04 again.
 
Posted by stolibox on :
 
Wow! its an oldtimer roundup. i bought june 2004 as well. i bit on the investor newsletter out on juse 28. got cold feet after a year of waiting for the audit, and three new pr companies. will jump in once the audit hits! [Eek!] [Eek!] [Eek!]
 
Posted by Chopper on :
 
Meeeeee Toooo, Would Love to see .04 again Soon as well.

quote:
Originally posted by DQ.:
Guess we are the Old Timers...My first purchase was at .04 for 10K shares. Bought the other 990,000 at .0033 to have 1 mill. total.
Anyway, I'll try to get some answers or I'll tell them all three of us Old Timers are dumping! (kidding)
Would LOVE to see .04 again.


 
Posted by successinstock on :
 
hey Stoli....I haven't heard from Balder in a while.

I wonder if he has PLNI on his radar again?

I averaged up around .014 and now my average is just under .01.....starting to feel a little uncomfortable.

Hate seeing my wife's new car money going up in recycled plastic smoke....lol

Hope you are well.
 
Posted by stolibox on :
 
i'm doing well. haven't heard from balder in a while either. who knows what he's up to. i know he sold most during the greenbaron runup. i'm waiting for plni to file something, or close an aquisition. hope they get'r'done. [Frown]
 
Posted by DQ. on :
 
Yea, I wonder if BAlder has any shares left in here. HEY BALDER!!! Yoo Hoo.
Are you still around?
Hope this week is better.
I told Jim in my email that as I'm sure he knows, no PR or no ad in IBD is gonna help the price till some hard numbers and audit hit the table.
 
Posted by g-invest on :
 
Your Semi-Monthly PLNI Audit Notice:

3.75 months have now passed since the announcement that the audit would be complete in four weeks. This was the original reason for the run past .01

Link to the PR: http://tinyurl.com/9dqft

Today's closing PPS: .0112
Last time I posted's closing PPS: .0141

I have never bought a share of PLNI stock, and I do not intend to unless they are audited and fully-reporting. I am not "bashing" this stock in order to get in at a lower PPS, because I don't intend to buy it till its audited.
 
Posted by BuyTex on :
 
3.75 months?

what is "bashing"...lol?

is that "like" bashing...or

is it like "bashing"?

a lil bit pregnant?

yowzee! 3.75 months...

see y'all at "6 bells"

lol...
 
Posted by Homerunner on :
 
Copied from another BB:

<<All "..PlastiCons.." please take note..: ..Apparently, there has been a personal loss in Mr. Turek's immediate family.

I'll try getting up with him again tomorrow. This could certainly explain some of the contact difficulties recently. Knowing what we all know about the miniMicroCap Marketplace, and the total slimers operating in it, heightened vigilance regarding any 'new rumors' may be appropriate.

Those of us whom also have fresh wounds in the area of family moving on "..to a much better place.." would suggest appropriate discretion and consideration.

John :-)>>
 
Posted by shortnite on :
 
Plasticon International, Inc. in Final Stages of Audit for Uplisting to NASDAQ Bulletin Board (OTCBB)
Monday September 19, 8:30 am ET

LEXINGTON, Ken., Sept. 19, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that the company is now in the final stages of completing its audit, which will allow the company to uplist to the NASDAQ Bulletin Board.

ADVERTISEMENT
In an open letter to the shareholders posted on the company's website, Plasticon President and CEO, Jim Turek stated, ``Plasticon is currently in the final stages of its audit. Though we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the NASDAQ Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the NASDAQ bulletin board (OTCBB).''

Mr. Turek noted that he is excited about the prospect of moving to a higher, more transparent exchange. ``The value that moving to the OTCBB will add to the company and its shareholders can hardly be overstated. We believe that this will be an important milestone for the company and will bring us that much closer to being on the big boards (AMEX, NASDAQ Small Cap).''
 
Posted by Dagger Depot on :
 
How do you spell it? De jas vous?
 
Posted by Doctoall on :
 
An Open Letter to Plasticon Shareholders from President and CEO, Jim Turek
LEXINGTON, Ky., Sept. 19, 2005 (PRIMEZONE) --

Dear Fellow Shareholders:

This is an exciting period in the history of Plasticon International (Pink Sheets:PLNI). Our company began with a vision: to be the global leader of recycled plastic products for the construction industry. Our objectives have never wavered. We remain committed to our customers, our shareholders, our employees and, as always, to innovation.

Since the company's inception, we have been dedicated to being the most cutting-edge, environmentally progressive company in recycled plastic products, a company that strives to develop and promote products which will contribute to a cleaner and safer environment.

I am pleased to announce today that we have made great progress towards our objectives. Our distribution partnership with the largest building materials distribution company in the United States, a Fortune 500 company, continues to give Plasticon a definitive competitive advantage and puts us in a position to be profitable for years to come. Our product innovations have exceeded expectations, sales are brisk, and we recently received patent confirmations for a number of new products, such as the "PAC Chair III". We are encouraged that the company continues on its fast track to growth and prosperity.

There is one very important issue that I am pleased to share with you: Plasticon is currently in the final stages of its audit. Although we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the Nasdaq Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the Nasdaq bulletin board (OTCBB).

The management team and employees of Plasticon International are also shareholders like you. We are fully committed to aggressively growing the company and executing our business plan, which we believe will be reflected in the share value.

We are excited about Plasticon's future prospects and opportunities. I look forward to sharing future developments with you as they progress. Once again, thank you for your continued support.


Sincerely,
Jim Turek
President and CEO
Plasticon International, Inc.
September 19, 2005

About Plasticon International, Inc.
 
Posted by shortnite on :
 
An Open Letter to Plasticon Shareholders from President and CEO, Jim Turek
Monday September 19, 9:00 am ET

LEXINGTON, Ky., Sept. 19, 2005 (PRIMEZONE) --

Dear Fellow Shareholders:

This is an exciting period in the history of Plasticon International (Other OTC:PLNI.PK - News). Our company began with a vision: to be the global leader of recycled plastic products for the construction industry. Our objectives have never wavered. We remain committed to our customers, our shareholders, our employees and, as always, to innovation.

ADVERTISEMENT
Since the company's inception, we have been dedicated to being the most cutting-edge, environmentally progressive company in recycled plastic products, a company that strives to develop and promote products which will contribute to a cleaner and safer environment.

I am pleased to announce today that we have made great progress towards our objectives. Our distribution partnership with the largest building materials distribution company in the United States, a Fortune 500 company, continues to give Plasticon a definitive competitive advantage and puts us in a position to be profitable for years to come. Our product innovations have exceeded expectations, sales are brisk, and we recently received patent confirmations for a number of new products, such as the ``PAC Chair III''. We are encouraged that the company continues on its fast track to growth and prosperity.

There is one very important issue that I am pleased to share with you: Plasticon is currently in the final stages of its audit. Although we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the Nasdaq Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the Nasdaq bulletin board (OTCBB).

The management team and employees of Plasticon International are also shareholders like you. We are fully committed to aggressively growing the company and executing our business plan, which we believe will be reflected in the share value.

We are excited about Plasticon's future prospects and opportunities. I look forward to sharing future developments with you as they progress. Once again, thank you for your continued support.


Sincerely,
Jim Turek
President and CEO
Plasticon International, Inc.
September 19, 2005
 
Posted by shortnite on :
 
Sorry Doc
 
Posted by shortnite on :
 
Please disregard the "ADVERTISEMENT" before the second paragraph. That was my fault.
 
Posted by DQ. on :
 
More of the same. Maybe this will keep the pps from going below .01 at least. Audit has to come out.
 
Posted by shortnite on :
 
L2's are showing some positive movement.
 
Posted by $Keith$ on :
 
Looks like they replied to all your emails in a PR....seems a bit desperate, but atleast they are addressing the delayed Audit situation, in saying that it has taking much longer than expected...hopefully soon you guys will get the much anticipated PPS jump you have been waiting for.

GLTA
 
Posted by StockHunter on :
 
I like the PR. Shows they are aware of our concerns and won't leave us hanging even though they are hanging with the slow audit. What I don't like is WDCO is back selling a ton of stock. Who do they represent? I suspect either they are selling for someone who received stock from the company or are naked shorting for whatever reason. Who else could sell so many millions of shares higher and still have more to sell down here. They were only on the bid for a day or two a long time ago, and they didn't accumulate nearly as much stock as they've sold.

This thing will go highter when WDCO gets out of the way.
 
Posted by state780 on :
 
quote:
Originally posted by StockHunter:
I like the PR. Shows they are aware of our concerns and won't leave us hanging even though they are hanging with the slow audit. What I don't like is WDCO is back selling a ton of stock. Who do they represent? I suspect either they are selling for someone who received stock from the company or are naked shorting for whatever reason. Who else could sell so many millions of shares higher and still have more to sell down here. They were only on the bid for a day or two a long time ago, and they didn't accumulate nearly as much stock as they've sold.

This thing will go highter when WDCO gets out of the way.

Yeah, WDCO is a little strange. I don't get it either. As for the PRs today, normally I would say these are fluff but in the context of what happened to pps last week, it shows Turek & Co. are aware they have, if nothing else, a perception problem. So due credit.
 
Posted by state780 on :
 
quote:
Originally posted by state780:
quote:
Originally posted by StockHunter:
I like the PR. Shows they are aware of our concerns and won't leave us hanging even though they are hanging with the slow audit. What I don't like is WDCO is back selling a ton of stock. Who do they represent? I suspect either they are selling for someone who received stock from the company or are naked shorting for whatever reason. Who else could sell so many millions of shares higher and still have more to sell down here. They were only on the bid for a day or two a long time ago, and they didn't accumulate nearly as much stock as they've sold.

This thing will go highter when WDCO gets out of the way.

Yeah, WDCO is a little strange. I don't get it either. As for the PRs today, normally I would say these are fluff but in the context of what happened to pps last week, it shows Turek & Co. are aware they have, if nothing else, a perception problem. So due credit.
And now I believe the expression is WTF? WDCO sells a bunch this morning at the opening low, and now bounces up to a wacky-I'm-not-interested ask of .017. Weird
 
Posted by shortnite on :
 
11.5 million in the first 1/2 hour, that's a good start.
 
Posted by StockHunter on :
 
Maybe WDCO reads this board ;-). As soon as I posted they faded their offer and the stock immediately ran. They'll probably be back at some higher price. Maybe the next time there's a good PR giving them something to sell into.

For now, I'm just glad they stepped back and realized this there's some real demand here today.
 
Posted by StockHunter on :
 
Nice day to be a MM when the difference between the bid and offer is 20%!! The good news is it tends to be wide on big moves and today its up for a change.

The wide spread probably means most of these MMs are not short. If they were getting squeezed they probably would be happy to buy a little closer to the offer.
 
Posted by RahzM1ght on :
 
kool, up 29.46%
 
Posted by RahzM1ght on :
 
oh well that didnt last long. when i read the new pr about releasing the audit jim turek says it will be released very soon. this can mean anything, 1 month to a yr. Wish he could give us an educated guess. Very soon is so vague and has been said many times before.
 
Posted by shortnite on :
 
His educated guesses have only hurt this stock. Let's just wait for solid news.
 
Posted by successinstock on :
 
gotta love the MM's on this one. Elevator up then down....

didn't even get a kiss.....lol
 
Posted by $Keith$ on :
 
quote:
didn't even get a kiss.....lol
LOL...Or a "reach around"
 
Posted by DQ. on :
 
So I get home to see we went up then right back down. NOTHING is going to move till audit and I told Jim that in my email.
No PR..No IBD...just hard facts and numbers. Nothing else will do.
 
Posted by successinstock on :
 
Sorry for the late post...
Had to cut the grass, put the kids down and then get comfy....

Matt @ Apple returned my call at about 4ish today.

He seemed to be very busy returning what he said was returing calls from about "1000 shareholders"...He was brief.

I intially called him for status on the Semco acquistion and also to see if the audit had hit a snag that he could comment on.

Now...please...this is only his "opinion" or at least he did not give me the feeling that his statement was absolute. He said that the "unaudited and audited numbers would be completed by the end of the month"...

I know tons of folks from other boards will copy and paste this thinking this is gospel and that is regrettable. I think we are getting very close to the end of the rainbow and I believe that we are within 30-45 days. This is my feeling only.

Also, Matt indicated that the Semco acquisition is (similar to what has been stated by Turek) "in its final stage". He mentioned something about the independent lab doing an extensive study and when the results are completed, they will go right to the attorneys to complete the transaction.

I believe that all the paperwork is in place. I asked Matt what the time frame was to complete this "study". He responded (in my words) that the study would be done when the study is done, but it would be the final item necessary to close the deal.

Sorry for the long winded email.

I was very impressed that he returned my call. I only called him once last week and he made sure that the call was returned. He also added my email address to his distribution....whatever that is.

I added more today at .0122.

GLTA
 
Posted by cold_up_here on :
 
Good job to all. I didn't hear the usual BS yesterday. Hurry cold don't miss the boat sort of stuff. Your learning. At least it's a start! Remember, it will always come right back down. As for today's action to come..........Bawhahahahahaha!!!!!
 
Posted by BuyTex on :
 
lol, you ever been jerked outta the water on skis, by a bass boat that hits 90 mph?
 
Posted by Chopper on :
 
Tuesday, September 20, 2005

Message to our Members From the Green Baron

Tonight at 8:00 pm EST, our Editor in Chief of The Green Baron Report and the President of Evergreen Marketing, Inc. will discuss our May Focus Stock Plasticon International (PLNI) in greater detail at www.machcobra.com. There is no cost to register, but you may need to download the latest version of Flash Player that is available as a link on the new registration page. Also, in order to ask questions, you will need an internet based microphone.

We have invited Plasticon’s lead consultant, Bill Howe, to participate on the chat. He has agreed to join, and says this is the most exciting time in Plasticon’s history to be involved. If you have ever even thought about buying PLNI stock, this is a discussion you will not want to miss. For those that can not listen in, please read our update on PLNI below and we think you will begin to understand why we believe PLNI is ready to rock.



May Focus Stock Pick Update

Plasticon Intl. (PK: PLNI)

News Alert: PR issued Monday, September 19 at 8:30 am EST

Plasticon International, Inc. in Final Stages of Audit for Uplisting to NASDAQ Bulletin Board (OTCBB)

For those that do not understand the kind of move that normally takes place when a company becomes fully reporting and advances from the Pink Sheets to The Bulletin Board, we suggest looking at what just happened to IVI Communications (IVCM) - http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ivcm&sid=0&o_symb=ivcm. Many Green Baron members might recognize this symbol because we interviewed the CEO Nyhl Henson earlier this year on March 14. IVCM had been trading between .05 and .10 per share on light volume for the better part of six months until late August. Once it became clear that IVCM was going to the Bulletin Board, the stock shot up to over .40 per share on heavy volume.

The reason we present this story is because we don’t want any of our members to miss out on what we believe is coming for PLNI. The rigors that now come with full audits due to stringent Sarbanes-Oxley requirements have caused unforeseen delays to many Pink Sheet companies that intend to go fully reporting. The Green Baron Report has been involved with many companies that thought could have their audit wrapped up in 30 days that turned into six months or more.

PLNI is no exception. Many thought PLNI would have its audit completed months ago, but now it seems clear we truly are close based on the press release issued yesterday and reprinted below. It is impossible to pinpoint the day it happens, but when it does, we expect a huge move will follow, and a larger move once a Bulletin Board listing is granted. PLNI is different than most companies going to The Bulletin Board because we believe it has patented products in a high demand industry, strong assets, no debt, profitability, a major contract, and real sales and earnings security.

The Green Baron Report has been searching for a new low priced stock that really makes sense to our members that trades near a penny a share. It’s hard to find a stock trading at this level that makes more sense than Plasticon. We believe PLNI is going to surprise a lot of people over the coming months. We hope many of our members can join the call we have scheduled tonight at www.machcobra.com to hear the many, many reasons why PLNI makes sense right now.

LEXINGTON, Ken., Sept. 19, 2005, Sep 19, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) is pleased to announce that the company is now in the final stages of completing its audit, which will allow the company to uplist to the NASDAQ Bulletin Board.

In an open letter to the shareholders posted on the company's website, Plasticon President and CEO, Jim Turek stated, "Plasticon is currently in the final stages of its audit. Though we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the NASDAQ Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the NASDAQ bulletin board (OTCBB)."

Mr. Turek noted that he is excited about the prospect of moving to a higher, more transparent exchange. "The value that moving to the OTCBB will add to the company and its shareholders can hardly be overstated. We believe that this will be an important milestone for the company and will bring us that much closer to being on the big boards (AMEX, NASDAQ Small Cap)."

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

Note for Plasticon Customers: To reach BLUELINX, direct customer service line, Eastern Division, please call 800-839-2588 -- please ask for Michael Thornton (ext. 35547) or Thomas Fowler (ext. 35562). To reach the Western Division of BLUELINX please call 800-830-7370 -- please ask for Mark Gariepy (ext. 66069). A map of the Eastern and Western divisions of the U.S. for BLUELINX Distribution can be seen on the BlueLinx Corporation web site at http://www.bluelinxco.com/ourProducts/ContactInfo.asp or on the Plasticon International web site at http://www.plasticonintl.com/distributormap.htm.
 
Posted by Bearclaw on :
 
Chopper...
Thanks for the heads up...Will be listening. You?
 
Posted by Chopper on :
 
Yes indeed Bear.
Maybe will get some answers to all the questions everyone here has been asking daily. This will be the firat time in a couple of months we have heard from Bill Howe as well.
IMO, this is a great sign that they are ready to get this show on the road. Goooooo PLNI and GLTA
 
Posted by clbgroove on :
 
Thats tooo bad that Cold didnt get filled. I was reall really hoping he would so he wouldnt have to be the resident basher!! Ohh well guess we'll still have the Cold factor to work for us!!

Nows the time for him to show up an push us to 14!

Come on Cold..... BASH BASH BASH BASH
 
Posted by clbgroove on :
 
Damn its like they know Cold is getting off work and will be here shortly... .0139 and climbing
 
Posted by state780 on :
 
quote:
Originally posted by clbgroove:
Damn its like they know Cold is getting off work and will be here shortly... .0139 and climbing

Nice buy into the ask at .0137 a few minutes before close.
 
Posted by state780 on :
 
quote:
Originally posted by state780:
quote:
Originally posted by clbgroove:
Damn its like they know Cold is getting off work and will be here shortly... .0139 and climbing

Nice buy into the ask at .0137 a few minutes before close.
Although now I see at RB a poster says it was for just 75K shares, so $1027. That's real money to most of us I know, but not significant re the overall market.

Still, a nice day. Yesterday's PR-based effort to prevent panic selling seems to have worked for now.
 
Posted by Thorn on :
 
I often wonder about that last buy on a stock. It seems sometimes that "someone" (probably an MM) is artifically pushing the price up (or down) at the last sec...for what purpose, I don't know. On the following day, the artifical price goes way, back to the trend of the prior day.

But PLNI is a different beast; maybe it is part of a trend. We can hope and wait (and ignore MM manipulation in the meanwhile).

GL all!
 
Posted by state780 on :
 
quote:
Originally posted by Thorn:
I often wonder about that last buy on a stock. It seems sometimes that "someone" (probably an MM) is artifically pushing the price up (or down) at the last sec...for what purpose, I don't know. On the following day, the artifical price goes way, back to the trend of the prior day.

But PLNI is a different beast; maybe it is part of a trend. We can hope and wait (and ignore MM manipulation in the meanwhile).

GL all!

I agree--a small potatoes trade at the end of the day like that, either way, doesn't mean anything. Overall trend is good, even at .013 we were up.
 
Posted by clbgroove on :
 
Yeah and u can bet ur as* that if it would have been you or I that tried to dump 2,000,000 shares that close to EOD that they would have dropped it down so low to fill Colds order, but as long as its them its OK!!!
 
Posted by cold_up_here on :
 
Bawhahahahahahaha!! She'll come back down. Always does.
 
Posted by Chopper on :
 
Cold,
You have missed at least 6 or 7 good swing trades in all this talk of .009. Do you not like making money or what? I told you to get in @.0130 and you missed 7 clicks today alone. But we still like ya Cold. GL
 
Posted by DQ. on :
 
Come on COLD...how many days do you have to Bawhahahahahaa till you understand that you have to move the bid up from .009 to at least .011.
It may fall and you might actually get in there but it ain't going to .0009...ain't hapnin' bud!
Grab a cold one..move it to .011 or .012 and join the party.
I want you in.
 
Posted by Dustoff101 on :
 
Hey, this ain't fair! You guys got "cold" stashed as a ringer..

You bring him out when ya want the stock to go up..

Howz about a lease option on cold?

I can think of a stock I could use him on...
BIDS?OFFERS?
 
Posted by cold_up_here on :
 
Chopper & DQ,

Ok..I have never swing traded before and with my bad luck rap with stocks I probably should avoid it all together. Now I'm just being theoretical.....Wednesday's A.M. I pick up shares around .013 or so, going by the charts(I hate believing in these darn charts) it looks as if the current trend is a reversal of the last. So, if charts don't lie, then(in theory) I would be a seller in the .018-.0195 area as long as conditions at that time warrant the sale.

Here's my take. I overpay tomorrow at the open around .014-.0145 and watch it fall like a rock to my original GTC order of .009 My luck is that bad!
 
Posted by Chopper on :
 
By Golly Cold,
There is hope for you still! We're going to turn you into a real life Swing Trader before it's all over.
I personally want to accumulate millions of shares of Plni, so I have been buying on the dips and selling some on these chart highs. I add a few extra shares each time and then sell and buy back more. These so called scarey dips i just ignore and hold on. Now I wouldn't do that on all the stocks here in pinky land but Plni seems to have a very predictable swing patern with news and i take every opportunity to play the heck out of it. IMO I feel I would be safe in saying this stock will be .50 next year with the greatest of ease. Oh and we all get burned once in a while with stocks. So don't feel you have an albatross around your neck. LOL
Good Luck Buddy and hang in there.


quote:
Originally posted by cold_up_here:
Chopper & DQ,

Ok..I have never swing traded before and with my bad luck rap with stocks I probably should avoid it all together. Now I'm just being theoretical.....Wednesday's A.M. I pick up shares around .013 or so, going by the charts(I hate believing in these darn charts) it looks as if the current trend is a reversal of the last. So, if charts don't lie, then(in theory) I would be a seller in the .018-.0195 area as long as conditions at that time warrant the sale.

Here's my take. I overpay tomorrow at the open around .014-.0145 and watch it fall like a rock to my original GTC order of .009 My luck is that bad!


 
Posted by Chopper on :
 
Tuesday, September 20, 2005
From the Green Barron
Just a Reminder

Tonight at 8:00 pm EST, our Editor in Chief of The Green Baron Report and the President of Evergreen Marketing, Inc. will discuss our May Focus Stock Plasticon International (PLNI) in greater detail at www.machcobra.com. There is no cost to register, but you may need to download the latest version of Flash Player that is available as a link on the new registration page. Also, in order to ask questions, you will need an internet based microphone.

If you are registering to enter and participate in the chat as a new member you will need to register by clicking the "NOT YET REGISTERED" link located on the left side margin of the machcobra homepage. It takes less than 1 minute to sign up and access the chat room.

We have invited Plasticon’s lead consultant, Bill Howe, to participate on the chat. Bill has promised to share some very exciting updates with listeners about the absolutely huge developments taking place over at Plasticon Interational. He says this is the most exciting time in Plasticon’s history to be involved and things are just getting started. If you have ever even thought about buying PLNI stock, this is a discussion you will not want to miss. For those that can not listen in, please read our update on PLNI located on the The Green Baron Report page of our website or in the Green Baron Report Archives section dated 09-20-05
 
Posted by DQ. on :
 
Cold...wait for a little drop and pick em up around .012 then hold till New Years and sell for .30 and you'll be so rich you can move back south.
95 degrees here today.
 
Posted by Bearclaw on :
 
Chopper...
I tried to get the broadcast and there was so much interest that the site was overloaded and folks programs were freezing up when they asked questions...Now you know I'm technically challanged but this seemed significant to me...

To me sports always works...hahahaha...The ballgame was sold out and folks were lined up in the streets...How's that for high tech? I hear they are going to try and re-broadcast on several sites tomorrow...Man this could be something significant with that many folks interested...Glad I'm all in for now and not in a cash position at open...Let's see if it gaps at open...I bet the L2's at 9:25 tomorrow will be dancing...Of course I've been wrong many times before...IMO


quote:
Originally posted by Chopper:
Tuesday, September 20, 2005
From the Green Barron
Just a Reminder

Tonight at 8:00 pm EST, our Editor in Chief of The Green Baron Report and the President of Evergreen Marketing, Inc. will discuss our May Focus Stock Plasticon International (PLNI) in greater detail at www.machcobra.com. There is no cost to register, but you may need to download the latest version of Flash Player that is available as a link on the new registration page. Also, in order to ask questions, you will need an internet based microphone.

If you are registering to enter and participate in the chat as a new member you will need to register by clicking the "NOT YET REGISTERED" link located on the left side margin of the machcobra homepage. It takes less than 1 minute to sign up and access the chat room.

We have invited Plasticon’s lead consultant, Bill Howe, to participate on the chat. Bill has promised to share some very exciting updates with listeners about the absolutely huge developments taking place over at Plasticon Interational. He says this is the most exciting time in Plasticon’s history to be involved and things are just getting started. If you have ever even thought about buying PLNI stock, this is a discussion you will not want to miss. For those that can not listen in, please read our update on PLNI located on the The Green Baron Report page of our website or in the Green Baron Report Archives section dated 09-20-05


 
Posted by GVMOORE on :
 
Long and looking for a way to get strong.
Going to be a winner. One of only a very
few good holds on this board. GL
 
Posted by cyclekitty1 on :
 
quote:
Originally posted by DQ.:
Cold...wait for a little drop and pick em up around .012 then hold till New Years and sell for .30 and you'll be so rich you can move back south.
95 degrees here today.

And never have to worry about swing tradin again!
 
Posted by DQ. on :
 
Anyone have any highlights they can post from the webcast with Bill Howe??
 
Posted by Bearclaw on :
 
I hear Green Baron is going to re-broadcast this afternoon...trying to find out the details. Anyone know?

quote:
Originally posted by DQ.:
Anyone have any highlights they can post from the webcast with Bill Howe??


 
Posted by shortnite on :
 
The details are that I didn't have very good luck listening to the broadcast last night. Hopefully they will post it without the technical difficulties.
 
Posted by DQ. on :
 
If they had alot of technical trouble perhaps it won't help much for the pps today.
 
Posted by shortnite on :
 
the green baron dot com will be posting the interview this afternoon.
 
Posted by shortnite on :
 
American B*lls = Buy Confirmed
 
Posted by Bearclaw on :
 
Trading pre-market...
 
Posted by StockHunter on :
 
Looks like MM Midas Securities (MDAS)has joined WDCO as a major seller in PLNI. They were heavy on the ask yesterday afternoon. Both MDAS and WDCO are the offers this morning.I still think these guys represent the biggest obstacle to a big advance. Someone must have been issued stock very cheap to be willing to dump so many millions at these prices.

BTW, Midas is out of Korea and may represent a Korean client. WDCO steps in whenever there is news or major buying interest. Clearly they have lots of stock to go. If they're smart, they will let it run a bit first. If the stock price trends higher over time, that in intself will attract extra buying interest(momentum traders), IMO.
 
Posted by state780 on :
 
quote:
Originally posted by StockHunter:
Looks like MM Midas Securities (MDAS)has joined WDCO as a major seller in PLNI. They were heavy on the ask yesterday afternoon. Both MDAS and WDCO are the offers this morning.I still think these guys represent the biggest obstacle to a big advance. Someone must have been issued stock very cheap to be willing to dump so many millions at these prices.

BTW, Midas is out of Korea and may represent a Korean client. WDCO steps in whenever there is news or major buying interest. Clearly they have lots of stock to go. If they're smart, they will let it run a bit first. If the stock price trends higher over time, that in intself will attract extra buying interest(momentum traders), IMO.

Speaking of MDAS, what's an "unpriced quote"? That's what the "u" supposedly stands for next to MDAS's Ask right now (at the pinksheets.com feed at the Plasticon site)
 
Posted by state780 on :
 
sorry for the extra post--my confusion mainly being, that "unpriced quote" is at .0139, so how unpriced can it be?
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:

Speaking of MDAS, what's an "unpriced quote"? That's what the "u" supposedly stands for next to MDAS's Ask right now (at the pinksheets.com feed at the Plasticon site) [/QB]

From Pinksheets FAQ:
What does the "U" mean in the quote montage?
If there is a lowercase "u" next to the market maker symbol, it means the quote represents an "unsolicited" customer order. An uppercase "U" in the price column means an "unpriced" quote (market maker shows interest in trading but does not publish a price).

I noticed that in some stocks, e.g. HISC, all the MMs have small "u"s, meaning "unsolicited". This is the first time I've seen just one live quote with as unsolicited. Sometimes they show a "u" when the quote is old, often from the previous day. I did notice that MDAS is new here as of yesterday. If they were around before, I did not notice them.
 
Posted by StockHunter on :
 
More on "unsolicited" orders from pinksheets.

http://www.pinksheets.com/otcguide/issuers_getquoted.jsp#uns_quote

This line caught my attention:

"Pink Sheets has become increasingly concerned that the unsolicited quote exception in Exchange Act Rule 15c2-11 is being abused by unscrupulous individuals to engage in questionable and possibly fraudulent activities in violation of the federal securities laws. Thus, Pink Sheets requires a broker/dealer to submit an Unsolicited Quote Entry Form (pdf) prior to publishing an unsolicited quote in a security that is not already quoted on the Pink Sheets. On the form, the broker must indicate which of the six conditions listed above that the security they wish to quote meets, and if it is condition #6, they must affirm that adequate current information about the issuer is available on the Pink Sheets News Service."

One condition refers to foreign interests selling, which would make sense being as Midas typically represents Korean interests. But it may also be an indirect way of PLNI raising capital. I would have loved to ask Bill Howe about where the 400 million shares came from when we went from 1.4 billion shares to 1.8 billion shares this year.
 
Posted by Murnak on :
 
Webcast up!

http://www.thegre enbaron.com/CEO%20Webcast.htm
 
Posted by state780 on :
 
Thanks to Stockhunter and Murnak.
 
Posted by Murnak on :
 
Some good info....imo


quote:
Originally posted by Murnak:
Webcast up!

http://www.thegre enbaron.com/CEO%20Webcast.htm


 
Posted by fast50gt on :
 
bill howe says in webcast that plni will be taking over pro mold on oct. 6th.
 
Posted by Chopper on :
 
Good stuff on the webcast. Share buyback has been completed! Now let's get that audit and we're good to go.
 
Posted by RahzM1ght on :
 
don't drop plni
 
Posted by StockHunter on :
 
The perception that the audit is very close should help support this stock, but questions regarding the capitalization and Semco will probably temper any gains in the meantime, IMO.

Bill Howe said Semco should go through, but he did not sound as certain as I would have liked. They are in negotiations. I was under the impression it was all but a done deal pending the chemical analysis before listening to the webcast.

He also left us hanging on the capitalization issue. I would have liked to hear a reiteration of no r/s or talk of a further reduction in shares. All he did was say the capitalization will be addressed when they apply for OTCBB. This is a given since one requirement to move there is full disclosure.

All in all, webcast was a nice paid Ad for newbies, but not much light for us old timers other than Pro-Mold date of Oct 6. I really like the company and the business model. The numerator [value and prospects of company] is impressive. Its the denominator -- shares, debt -- that concerns me. If they stick to their word of no reverse split, and don't do any funny stuff with convertibles, options, etc... then all will be fine. Now if only I could stop watching and waiting [wake me when we get there].
 
Posted by Murnak on :
 
Gee how come GB says they were not paid for the webcast or did I hear that wrong at the beginning................

quote:
All in all, webcast was a nice paid Ad for newbies, [/QB]

 
Posted by StockHunter on :
 
quote:
Originally posted by Murnak:
Gee how come GB says they were not paid for the webcast or did I hear that wrong at the beginning................

quote:
All in all, webcast was a nice paid Ad for newbies,

[/QB]
From Green Barron Disclaimer section:

"We have received 18,500,000 shares of free trading common stock from a consultant of Plasticon International, Inc. (PLNI)"
 
Posted by Murnak on :
 
That was before, but this webcast was what we were talking about!
 
Posted by Murnak on :
 
They liked it enough to buy more?

"We have received 18,500,000 shares of free trading common stock from a consultant of Plasticon International, Inc. (PLNI); Evergreen Marketing acquired an additional 7 million shares of PLNI through private market purchase and finders fees. Evergreen Marketing partners acquired a total of 4.8 million shares through a private market purchase."

Just wondering if it is ever a good thing that GB covers a company?
 
Posted by StockHunter on :
 
Getting coverage in Green Barron means the company involved is making a concerted effort to promote itself, and that it meets GBs criteria for being green. Beyond that, it doesn't say much about the value of the company. Some, like PLNI in my opinion, are on a path up and need the exposure to advance its business. With limited cash flow, stock is currency and a higher currency helps them finance acquisitions and other expenses.

Getting on GB doesn't lend much added credibility to what a company says, IMO. GB does a pretty good job of CYA in their disclosure docs regarding DD.

As for thier claim they were not compensated for the webcast, that depends on interpretation. They have a continuing vested interest in promoting the company, but apparently did not receive additional shares or currency in return for the specific webcast. They may have been technically accurate, but a bit misleading.

I haven't looked at all their pics to check on performance, but I am familiar with one, Pender, that did not fare well at all. They were pretty loose regarding the "green" label on that one, given some of their real estate and development interests. The green in Green Barron also stands for money. All IMHO.
 
Posted by successinstock on :
 
did i miss something in the past 24hrs to necessitate the 12% drop today?

...oh yeah i forgot about the manipulation saga.

never mind....
 
Posted by ed19363 on :
 
WTF???
Good webcast, good news, dates starting to firm up, and what happens to the PPS?
 
Posted by StockHunter on :
 
quote:
Originally posted by ed19363:
WTF???
Good webcast, good news, dates starting to firm up, and what happens to the PPS?

WDCO (market maker Wilson-Davis) has been selling this thing heavy for the past couple weeks. Until they run out of stock, or news brings in more significant buying, this thing will languish. Just eyeballing the trades, it appears there are many more buys than sells, but we can't overcome the tens of millions WDCO is distributing for someone. Average daily volume is 20 million shares and the company issued on net about 400 million shares this year. How much of that is being sold into the market is anybody's guess, but it certainly puts a crimp in the PPS.
 
Posted by successinstock on :
 
hey...

who is taking the air out of my HISC & PLNI balloons today...

dirty rotten *******s..

lol
 
Posted by successinstock on :
 
oops...guess you can't say b-astards

how about dum-dums
 
Posted by Thorn on :
 
We have all been banking on PLNI, and talking about how the pps goes down before a big move (MM's know it is coming and try to cash in). Let's hope that is the case here. [Wink]
 
Posted by ed19363 on :
 
quote:
Originally posted by StockHunter:
quote:
Originally posted by ed19363:
WTF???
Good webcast, good news, dates starting to firm up, and what happens to the PPS?

WDCO (market maker Wilson-Davis) has been selling this thing heavy for the past couple weeks. Until they run out of stock, or news brings in more significant buying, this thing will languish. Just eyeballing the trades, it appears there are many more buys than sells, but we can't overcome the tens of millions WDCO is distributing for someone. Average daily volume is 20 million shares and the company issued on net about 400 million shares this year. How much of that is being sold into the market is anybody's guess, but it certainly puts a crimp in the PPS.
At this price, the company should be buying those shares for retirement. Considering where we expect this stock to go, they will never get it cheaper than now, and that would start things off. IMO they need to buy and retire all they can lay their hands on for the move to higher exchange. Just good business.
 
Posted by Virgil on :
 
Good time to buy?
 
Posted by nectarsyem on :
 
If I had more money I would..but what do I know
 
Posted by Doctoall on :
 
quote:
Originally posted by Virgil:
Good time to buy?

Yes it certainly is a great time to accumulate [Big Grin]
 
Posted by Dagger Depot on :
 
Does anyone see this jumping before October?
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
Does anyone see this jumping before October?

I see myself jumping before October if PLNI doesn't get its act in gear.
 
Posted by nectarsyem on :
 
jumped to .121 for a second..got me all excited
 
Posted by RahzM1ght on :
 
yeah this sucks the way it drops [Frown]
 
Posted by ed19363 on :
 
Should have jumped a long time ago. IMO, someone is controlling the pps somehow, whether by shorting or whatever.
 
Posted by cold_up_here on :
 
LOS ANGELES, Aug 19, 2004 /PRNewswire-FirstCall via COMTEX/ -- IVI Communications, Inc. (Pink Sheets: IVCM) announced today that the Form 211 has been filed on their behalf with the NASD. IVI Communications is a reporting 12g corporation and expects to commence trading on the OTC BB upon being cleared for trading by the NASD.

GB's pick that their trying to parallel with PLNI. The 221 was filed on 8/19/2005. It took over a year for IVCM to move on the OTCBB! Must be he77 getting off the 'pinks'. Only major postive is that Plasticon has MAPPLE. Time for another share retirement. 500 million+ or it's back to 'Game-Over' time again!

A.Bulls is a joke! Buy Confirmed on the 21st and 24 hours later it's a Sell-If! Bawhahahahahaha!! Now fill my order!
 
Posted by cold_up_here on :
 
correction, 211 filed on 8/19/2004
 
Posted by cold_up_here on :
 
.....let me add that with all the speculation/negativity surrounding PLNI since it's initial break-out run, the stock hasn't traded 1 share below the .01 level. Amazing! I have never had an order open for this long!

BTW- just so you guys don't think I'm being postive, Bawhahahahahahaha!
 
Posted by ya ya on :
 
I bought this today for .0123.I think this will be good long term.
 
Posted by clbgroove on :
 
Cold...if ur so he77 bent on buying at .009...i'll sell ya 25k of mine since I got a few to spare and then u can be in at ur buy in and quit crying!!!

The whole damn market is down and has been........why wouldnt this one be and what makes it so special that it hasnt been affected??

Hell ya know what....Ill just give ya the 25k shares for free if it will make up ur mind!! It would only cost me about $100!!
 
Posted by Omega on :
 
Is there a possibility that a part of this lag/decline is due to the fact that, historically, September and October have been two of the worst performing months of the year for stocks?
 
Posted by Bearclaw on :
 
That's possible Omega...This late summer/early fall season is having an effect...I think the MM's are walking it down now though...My opinion is that this won't get over two unless the audit is done. Until then it will bounce up and down. The MM's have the ball in their court until and if...

PLNI has a series of things that are suppose to happen...all posted on this site...That's what folks are waiting for...and...the audit is the one issue that most folks are focused on...So we wait...

I do think current events this fall are effecting the market across the board...To what extent for each individual stock...I don't have a clue...Rita won't help when it hits this weekend....

I just have a hard time concentrating on my stocks progress while folks are suffering from both hurricanes...Makes complaining about PLNI pretty trivial...hey? I know you feel the same...Take care...


quote:
Originally posted by Omega:
Is there a possibility that a part of this lag/decline is due to the fact that, historically, September and October have been two of the worst performing months of the year for stocks?


 
Posted by Omega on :
 
Thank you, Bearclaw! You are entirely correct, the markets are trivial in comparison to the misery that has been visited upon Louisiana and, apparently about to be, upon Texas. We pray for the safety of persons, pets and property.
 
Posted by Doctoall on :
 
Any news today with PLNI?
 
Posted by Bearclaw on :
 
Natty...
Here's the current thread to post on...Welcome
 
Posted by ya ya on :
 
ready for this to go up.
 
Posted by Thorn on :
 
Hey! Where ya been ya ya?
 
Posted by state780 on :
 
A comment at Rb:

quote:
Its all nonsense. What baffels me is why he would run the IBD add before he completed the previous PR promises?
I, too, have wondered about this. I'm tired of waiting. I will be leaving soon without some indication that Turek can achieve something other than printing press releases. I was positive something concrete would happen after the IBD ad, but now it just looks like another holding action. Literally.
 
Posted by Bearclaw on :
 
I just saw this post on RB...I do not know this guy stock_bubble...so I am just posting for your information and to let you know you can go to RB and find it...


« PLNI Message list | Reply to msg. | Post new msg. « Older | Newer »
By: stock_bubble_2005
23 Sep 2005, 02:07 PM EDT
Msg. 14303 of 14303
Jump to msg. #
Got back in town early today. I always give the board a heads up on press releases.

On Monday morning before the opening bell, the news we have been waiting for will be released. Not a fluffbomb, this will be solid,real news!

Today is probably your last great buying opportunity for awhile. I am unable to reveal my source, so don't bother asking. GLTY

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
 
Posted by ed19363 on :
 
I heard the same thing from a separate source.
Looks like next week may be a banger.
 
Posted by successinstock on :
 
this may tie into Matt's comment that the unaudited and audited numbers will be released by end of the month.

Maybe this is the unaudited numbers??

Dave
 
Posted by DQ. on :
 
YIPPY!!!!!!!!!!!!!!!!!
 
Posted by Bearclaw on :
 
DQ...
Caution...don't yippee yet!!! This might be BS..
I would like to know the second source...unless he's clandestine too...Lot's of James Bond guys around...If someone can confirm I sure would like to know...He's been described as a "Nut Case" on RB so far...the guy who posted it...

quote:
Originally posted by DQ.:
YIPPY!!!!!!!!!!!!!!!!!


 
Posted by Chopper on :
 
Hmmmmm could this be another source as well??? Awful late in the Month to Call Plasticon the Stock of the MONTH of September especially at their closing price of .0118. Is next week our week? GLTA


May Focus Stock Pick Update

Plasticon Intl. (PK: PLNI)

The Green Baron Report is officially calling the shot on PLNI right now. We know we put out a Trader’s Corner update on PLNI about two weeks ago with the stock trading at about .014 per share and we were a little early to the party. Instead of picking a new penny stock pick for our members as we had hoped for the month of September, we are making Plasticon Intl (PLNI) our penny pick at today’s close of .0118 per share.

Since Plasticon was already selected back in May for our home page, we are not going to add it again. We will not only track results of Plasticon from the date of our Trader’s Corner pick from a few weeks ago, but we will also specifically track data from yesterday’s closing price of .0118 per share.

We expect a tremendous amount of activity to enter PLNI for the balance of the year, and very likely over the next 30 days. We firmly believe that the stock has a great chance to finally break out over resistance of .02 per share based on several fundamental developments at the company. Our belief is that the Plasticon name and its story are expected to reach a very wide investment audience over the coming months.

The Green Baron Report cannot pinpoint the date that PLNI will complete its audit, but all indications point that it will be imminent. The stock is trading at the low end of its four month range, and appears to be at a perfect point for accumulation. Once again, we suggest all our members to listen to our webcast with Bill Howe, consultant for Plasticon at http://www.the green baron. com/CEO Webcast.htm.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

Note for Plasticon Customers: To reach BLUELINX, direct customer service line, Eastern Division, please call 800-839-2588 -- please ask for Michael Thornton (ext. 35547) or Thomas Fowler (ext. 35562). To reach the Western Division of BLUELINX please call 800-830-7370 -- please ask for Mark Gariepy (ext. 66069). A map of the Eastern and Western divisions of the U.S. for BLUELINX Distribution can be seen on the BlueLinx Corporation web site at http://www.bluelinxco.com/ourProducts/ContactInfo.asp or on the Plasticon International web site at http://www.plasticonintl.com/distributormap.htm.

[ September 23, 2005, 15:06: Message edited by: Chopper ]
 
Posted by NeuroDoctor on :
 
Just pick up a truck load. Thanks for the info. [Eek!]
 
Posted by Bearclaw on :
 
Chopper...
Looks like Bill spilled the beans the other night to the Green Baron...Multiple sources sure get my attention...
 
Posted by RahzM1ght on :
 
LOST FAITH IN THIS STOCK. I COULD OF EASILY MADE A GRAND WITH DDSI TODAY BUT NO I STAYED WITH PLNI TODAY AND LOST MONEY .
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Chopper...
Looks like Bill spilled the beans the other night to the Green Baron...Multiple sources sure get my attention...

Multiple as in two? Just wondering if you have others.

The Green Baron item is interesting. The tip from RB is the kind of thing that drives me crazy, even if it does permit sweet dreams over the weekend (helping to offset a drop at the last minute right back down to .0118 today). Tips like that are classic pink stock malarkey--fellow posters have heard me wail about that before, so I'll stop. And if it's true, why the heck is info like that leaking out.

Yes, of course, if it proves true and we zoom up, you won't hear me complaining. GLTA, I recommend alcohol.
 
Posted by downdraft on :
 
If PLNI does get list on the Nasdaq BB it should be a nice ride. I bought in today at 0.012 which is holding close for now. It's just a matter of time when the audit is completed, if it is positive, we will spank this dog..!!
 
Posted by DQ. on :
 
quote:
Originally posted by RahzM1ght:
LOST FAITH IN THIS STOCK. I COULD OF EASILY MADE A GRAND WITH DDSI TODAY BUT NO I STAYED WITH PLNI TODAY AND LOST MONEY .

This is not a day trade stock. This is a buy and hold and retire with lots of money stock.
 
Posted by Bearclaw on :
 
State...
Yes only two that I know of so far...that's why I said to DQ "Caution"..

I'm already all in for now so will watch closely the beginning of the week...

State is right...We've all heard things like this before...sometimes it pans out and others it doesn't...but...It will get my attention...remember the expression that people buy on rumor and sell on news...JMO


quote:
Originally posted by state780:
quote:
Originally posted by Bearclaw:
Chopper...
Looks like Bill spilled the beans the other night to the Green Baron...Multiple sources sure get my attention...

Multiple as in two? Just wondering if you have others.

The Green Baron item is interesting. The tip from RB is the kind of thing that drives me crazy, even if it does permit sweet dreams over the weekend (helping to offset a drop at the last minute right back down to .0118 today). Tips like that are classic pink stock malarkey--fellow posters have heard me wail about that before, so I'll stop. And if it's true, why the heck is info like that leaking out.

Yes, of course, if it proves true and we zoom up, you won't hear me complaining. GLTA, I recommend alcohol.


 
Posted by Thorn on :
 
And I recommend not buying into stock that keeps you up at night. [Wink]

Either that, or at the very least putting in only as much money as you can sleep on.
 
Posted by bond006 on :
 
i am sure that we will get our audit soon and i mean in the 2 to 3 weeks that jim turek said we would and the reason i say this i feel he is running out of hot air and he knows it he has to put up this time if he wants to retain any credabilty i am in and just intend to hold
 
Posted by pensandoenti67 on :
 
How many broken promises, has anyone seen a stock actually go to OTCBB last six months? Several have promised and no dice.

AMNI, CEO is not releasing as many PR news about the move, or sending messages to the members of Message Boards, and I'm willing to bet with AMNI new ticker symbol of Homeland Security, we will see our first pinky go OTCBB by October 18, 2005.

Please name a pinky that has actually moved to OTCBB las six months?
 
Posted by Chopper on :
 
Come On Jim Turek,
Break the cycle of Pink Sheet Abuse. Show the nay sayers that there is one company that will go to the OTC/BB and Keep its Word!
Can't say I remember any Pens...


quote:
Originally posted by pensandoenti67:
How many broken promises, has anyone seen a stock actually go to OTCBB last six months? Several have promised and no dice.

AMNI, CEO is not releasing as many PR news about the move, or sending messages to the members of Message Boards, and I'm willing to bet with AMNI new ticker symbol of Homeland Security, we will see our first pinky go OTCBB by October 18, 2005.

Please name a pinky that has actually moved to OTCBB las six months?


 
Posted by Pagan on :
 
quote:
Originally posted by pensandoenti67:
How many broken promises, has anyone seen a stock actually go to OTCBB last six months? Several have promised and no dice.

AMNI, CEO is not releasing as many PR news about the move, or sending messages to the members of Message Boards, and I'm willing to bet with AMNI new ticker symbol of Homeland Security, we will see our first pinky go OTCBB by October 18, 2005.

Please name a pinky that has actually moved to OTCBB las six months?

Here's a list of about 275 companies that have moved from the pinks to the OTCBB in the last 6 months.

http://tinyurl.com/aj7sm
 
Posted by BuyTex on :
 
Post of the day...

Pagan, you just do flat-out, good work...
 
Posted by Chopper on :
 
Pagan is just a DD Animal.
Thanks Pagan for the good info as always... I didn't know you were still following plni. Good to see you back on the thread again.


quote:
Originally posted by BuyTex:
Post of the day...

Pagan, you just do flat-out, good work...


 
Posted by RahzM1ght on :
 

 
Posted by Bearclaw on :
 
Pagan...
How are ya man? Haven't heard from you in a while...good to see you back...nice post...
 
Posted by BuyTex on :
 
what's up with you guys?

I need some cash outta this one, for about 2-3 plays...any insight for an ol country boy?
 
Posted by Bearclaw on :
 
Buy...
Not sure of anything immediate right now for those 2-3 plays...Just the rumors that have been flying around...the same one's you've been seeing posted...

I'm paying attention the first part of the week to see if any of it is true or just BS...If I hear anything concrete I'll let you know..Everyone's here has been waiting for the same things ...hopefully in sequence to run this hard...We'll see...JMO
 
Posted by BuyTex on :
 
DOH! not up on rumors, Bear...been working...in n out too much...can you thumbnail where we're at?
 
Posted by stolibox on :
 
people posting the pr everyone's been waiting for will arrive monday premarket. came from rb or something. greenbaron had another profile / webcast something or rather last week. i didn't listen, anything new said anybody? they need a new pr, all the ones i've been seeing are just re-hashes of previous pr's.
 
Posted by Pagan on :
 
Bear, Tex, Chop...
Hey fellas. Things are good. I still own a nice block of "free" shares of PLNI. In process of selling house and moving. So only been able to pop in occasionally to AS boards. Like everyone else, I'm a waiting on those PR's. Worth holding for the news IMHO.
 
Posted by Doctoall on :
 
Still hanging onto free shares here and waiting for something big to happen, who knows when but willing to wait [Big Grin] Holding onto shares from the old days 0.0014-0.0028.
 
Posted by BuyTex on :
 
quote:
Originally posted by Pagan:
Bear, Tex, Chop...
Hey fellas. Things are good. I still own a nice block of "free" shares of PLNI. In process of selling house and moving. So only been able to pop in occasionally to AS boards. Like everyone else, I'm a waiting on those PR's. Worth holding for the news IMHO.

lol, you know how I like to operate...mine are all free...but I don't like bullies kicking sand in their face, lol...

P, swinging opinion? Gotta exit for a bit...be back in...your opinion would be most appreciated...

NOT that I'd take it, lol! I'm stubborn...

but, ice cream for doughnuts...your thoughts on a swing?
 
Posted by Chopper on :
 
Tex,
My Crystal ball is a little cloudy.... but I believe we will see the unaudited results on the Plni website within a 2 week time period and within 4 weeks after that the 3 year Official OTC/BB audit and the SEC submission. Hopefully we will be moved to the OTC within 90 days after that. Sometime in between the 1-6 weeks, the Promold acquisistion should be complete and on the books. Hopefully the chemical analysis for the Semco products will be finished and that acquisition can be completed as well. Then its anyones guess as to contracts for signage and Semco products after that.
So I see several wonderful swing opportunities very soon. I am watching like a Hawk myself. GL
 
Posted by BuyTex on :
 
'preciate the update, Chopper...thanks.
 
Posted by Highwaychild on :
 
I sometimes hate capitalism, except for when I'm the one capitalizing.lol... But shouldn't Plasticon get a contract or two within 90 days out of all this, with all these dang blasted hurricane relief efforts going on? I know a guy that had a camper business, FEMA bought everyone of them that he had. He sure didn't do it out of the kindness of his heart, he's retired now.
 
Posted by Bearclaw on :
 
Highwaychild...
I think the Feds are looking at this in the context of the highway bill that just got passed. I am hearing congress is re-thinking appropriations across the board now because of the destruction in the gulf...All Federal agencies...This is a significant sucker punch for our economy...
It seems too early to start looking for contracts right now...probably several weeks down the road before the highways and bridges are being decided upon...JMO

quote:
Originally posted by Highwaychild:
I sometimes hate capitalism, except for when I'm the one capitalizing.lol... But shouldn't Plasticon get a contract or two within 90 days out of all this, with all these dang blasted hurricane relief efforts going on? I know a guy that had a camper business, FEMA bought everyone of them that he had. He sure didn't do it out of the kindness of his heart, he's retired now.


 
Posted by corndo on :
 
The Highway Bill, whether it's pulled back or not, isn't the news that is going to make or break PLNI in the short run. Even if they take out alot of the pork projects to pull funds for disaster relief, it still will leave behind a whopping HWYBill loaded with good stuff for all sectors of the construction industry.
The HB is soooo secondary to a completed audit for PLNI.
Proof? Which PR would you rather read:
1)"PLNI completes the audit for the past year and recent acquisitions, and the numbers are..."
or
2)"PLNI recieves XXX milllion dollars worth of guranteed projects to be completed over the course of..."
 
Posted by Chopper on :
 
I'm Looking for BOTH Corndo.
 
Posted by Highwaychild on :
 
I was actually thinking of the plastic coated reenforced rebar for concrete footers and their plastic barricades. I think I remember they had a hand in the building of the Chattanooga aquarium.

Alot of bridges will almost have to be reconstructed, and I would guess alot of roads will have to be as well. That's why I would think a national "freeze" on most states transportation budgets would be in place, to help the Gulf Coast rebuild.
 
Posted by cold_up_here on :
 
Actually, I would like to see neither completed cause my GTC order has not been filled yet! Hopefully, we won't have a major PR about anything, unless of course it's a major negative PR! Plasticon wouldn't dare pull a forward split at this time, would they? Waiting, watching, being patient.
 
Posted by Bearclaw on :
 
Corndo...
What's your problem? I was answering a reasonable question from Highwaychild and you jump on it...

If you want to do the top ten PLNI sheet that puts it over some top $$$$ your looking for then do it...post it...

By the way...A big contract is not secondary to the audits...they run parallel to each other...there are a lot of important events coming....many that are important...chill out man..
 
Posted by Doctoall on :
 
Bump it forward
 
Posted by corndo on :
 
Guys,
Sorry for the tone, but I was just trying to state that IMHO the Highway Bill is something for the future of PLNI, but the audit results have a more pressing urgency about them.

Once again IMO: the highway bill could be slendered by up to a third and still be good news for PLNI.
 
Posted by bond006 on :
 
stock bubble on r/b still says big pr monday morning before the bell but can't release his source
 
Posted by corndo on :
 
DARN!!
Thanks Bond. Now I'm going to be up all night!!:-)
11:10, 11:11, 11:12, 11:13....
 
Posted by Dagger Depot on :
 
so far no usual 8:30 monday morning PR......tick...tock...tick...tock...


C'mon BAC...make it a good morning!
 
Posted by bond006 on :
 
i hope stock bubble on r/b is telling the truth i am sick and tired of waiting for an audit to be announced some investors have been waiting since 0ct 04
 
Posted by fast50gt on :
 
now stock bubble is saying mapple / plni probably found out about "leak" and is holding off to throw investors off.
 
Posted by state780 on :
 
quote:
Originally posted by fast50gt:
now stock bubble is saying mapple / plni probably found out about "leak" and is holding off to throw investors off.

Who knows if that's true, but it's another example of why tips on pinky stocks are bad news. If it's false, it uselessly gets people's hopes up and in some situations fraudulently spikes the pps. If it's true, it can either lead to an SEC investigation or, yes, delay an annnouncement of news.

So I hope stock bubble and anybody else with "tips" on when news will be released would just shut the hell up.
 
Posted by fast50gt on :
 
yes, highly agree. i think it's more of a RB ego that people have this quest to be the board "know it all" and will do anything (including posting false info) to gain that position.

then again, i don't know stock bubble so whatever his intentions are, they are unknown to me.
 
Posted by bond006 on :
 
i will secound that and it is the last post i will make on unofficial info.
 
Posted by state780 on :
 
quote:
Originally posted by bond006:
i will secound that and it is the last post i will make on unofficial info.

well, RB is not some obscure bulletin board..it's not like nobody would have heard about that one otherwise. This is not on you.
 
Posted by cold_up_here on :
 
"We believe that the retirement of shares will add tremendous value for our shareholders, said Jim Turek, President and CEO of Plasticon International. This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares."


Bawhahahahahahaha !!!!

Thank God for patience! Turek was absolutely correct, "The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares." Actual value? Hmmmm....0075 is fair value.
 
Posted by Thorn on :
 
I've been told it's better to let sleeping dogs lie, so let's just let cold keep dreaming about it. [Wink]
 
Posted by corndo on :
 
Thanks Cold!!
Tomorrow we rebound for certain now:-)
 
Posted by ya ya on :
 
News for 'PLNI' - (Plasticon is Now in the Final Product Review Stage for Semco Acquisition)


LEXINGTON, Ky., Sept. 27, 2005, Sep 27, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) today announced that due diligence has been completed, SEMCO's audit is finalized and reviewed, and Plasticon is now in the final product review stage of the privately financed acquisition of SEMCO, Inc.

"Our attorneys have gone to hard copies on the acquisition documents, and we are optimistic that we will come to an agreement in the very near future," said Jim Turek, president and CEO of Plasticon International. "SEMCO's surfacing products combine beauty, durability, and scientific innovation in a way that we have never seen before in surfacing technology. The rich, vibrant colors of their surfacing products, combined with their unmatched durability and waterproofing properties makes this acquisition extremely attractive for Plasticon."

SEMCO, based in Las Vegas, Nevada since 1981, has provided their products to many of the city's most impressive showcase projects, including the world famous fountains at the Bellagio, Las Vegas's premier hotel-casino, the MGM Grand, and The Venetian Hotel Casino. Their eclectic customer base also includes high profile commercial, public, and private clientele, ranging from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers, and many prominent parks and public works projects to the biosphere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning, indoor rain forest. SEMCO's product line is noted for its incredible durability which is why it is used on heavily trafficed walkways, in extreme outdoor weather conditions, in chlorinated pool water, and for rugged exteriors.

Mr. Turek noted that another major advantage of SEMCO's products is that they are environmentally friendly, which fits in with Plasticon's core values and corporate mission. "SEMCO's installation process allows the customer to apply the new X-Bond surface over any existing surface, without the hassle, cost, and potential health risks of having to remove the original. This helps eliminate potential harmful wastes, while saving time and money. Their environmentally responsible products and procedures ensure that the installation will be accomplished in the minimum amount of time possible. Because of the products' low VOC emissions, isolation of areas is minimized. The innovative X-Bond product eliminates the need for multiple products and time-consuming steps, all of which increase installation time with material handling times and set-times. We intend to move forward with the acquisition as soon as the product review stage has concluded."

Mr. Turek added, "It is also very important to us that SEMCO's products are approved by the AIA (American Institute of Architects). Their products represent the most advanced surfacing technology on the market today and there are incredible synergies with Plasticon's product lines. As soon as the product review phase is completed, we look forward to welcoming SEMCO to the Plasticon family."

SEMCO distributes its products internationally and has offices in Japan, China, Singapore, and Australia.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high quality concrete accessories, transportation signage, plastic lumber, and office supplies 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

3166 Custer Drive, Suite 101

Lexington, Kentucky 40517

web site: www.plasticonintl.com


Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.

This news release was distributed by PrimeZone, www.primezone.com

SOURCE: Plasticon International, Inc.


By Staff

CONTACT: Plasticon International, Inc. Investor
Relations: Matt Maguire (866) 843-2775
 
Posted by Bearclaw on :
 
Ya Ya...
Good post thanks...In the hard copy stage means the negotiations are complete and they are in the final stage for signatures...good deal...
 
Posted by Chopper on :
 
Hey Cold,
Here Turek is giving you More shareholder value this morning with a pr. Oh NOOOO [Eek!] you haven't bought any to realise shareholder value... Get on it boy or one day soon you will be crying about that mistake..... GL


quote:
Originally posted by cold_up_here:
"We believe that the retirement of shares will add tremendous value for our shareholders, said Jim Turek, President and CEO of Plasticon International. This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares."


Bawhahahahahahaha !!!!

Thank God for patience! Turek was absolutely correct, "The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares." Actual value? Hmmmm....0075 is fair value.


 
Posted by Dagger Depot on :
 
quote:
Originally posted by Chopper:
Hey Cold,
Here Turek is giving you More shareholder value this morning with a pr.


I believe you mean "More future shareholder value".

I dont forsee this moving the price very much. Only keeps everyone on board for the future.

It is still good news none-the-less.
 
Posted by Chopper on :
 
Good point Dagger,
Getting closer to the big one though.
 
Posted by state780 on :
 
This just in: The attorneys have gone to hard copies.

I, and the market, will try to contain the excitement.
 
Posted by ya ya on :
 
I think this is a great move for this company to grow for the future.The stock price will go way up.
 
Posted by Homerunner on :
 
From Today's Green Baron:

Tuesday, September 27, 2005

Plasticon Intl. (PK: PLNI)

News Alert: Press release issued early this morning:

Plasticon Now in Final Product Review Stage for Semco Acquisition

Green Baron calls Plasticon a “Hurricane Reconstruction Stock”

For those that might have missed our report last Friday, we believe this bears repeating … “Instead of picking a new penny stock pick for our members as we had hoped for the month of September, we are making Plasticon Intl (PLNI) our penny pick at today’s close of .0118 per share.” The Green Baron Report is confident we will see a move of at least 50 to 100% over the next 30 days, and likely much more by year end. PLNI closed trading yesterday at just .0119 per share.

The announcement this morning regarding progress on the Semco, Inc. acquisition is absolutely huge. We suggest members go back to the press release issued on August 29, 2005. In this release, Plasticon CEO Jim Turek commented, “In fact, we already have ten potential regional licensees lined up to distribute Semco's products. The reason for this is simple: Semco's products are both essential and unique. They have the only product on the market which truly prevents water damage. This problem has always plagued the construction industry and costs the U.S. billions of dollars annually.”

The Semco update issued today and reprinted below clearly tells us that this potentially valuable addition to Plasticon is moving forward. Should this acquisition be consummated, The Green Baron Report will soon analyze some of the numbers that we could see in revenues and earnings over the next several years. Our calculations already should have PLNI trading at many times the current price on Semco business alone.

In light of the devastating hurricanes and flooding that just occurred throughout the south, products such plastic rebar supports, plastic lumber, and surfacing products that prevent water damage ought to be ideal choices for government contractors. Members looking for a stock that might benefit from reconstruction efforts following this horrible disaster should look no further than Plasticon. The price is still right for accumulation!
 
Posted by Thorn on :
 
I'm not sure I like having a Green Baron run on the stock I'm interested in, but maybe it will turn out ok. On the other hand, it might be time to watch for a peak and jump ship should this "professional" pump-n-dump event take off.
 
Posted by StockHunter on :
 
Looks like WDCO sells 1 million shares every morning right after the open, then fades for a while. You can set your watch by it. MDAS is the other major seller, but no where near as persistant as WDCO. This thing can run until WDCO [or MDAS] step in for their next big chunk. They must have sold 30 to 50 million shares over the past few weeks. How much more before we get rid of these guys?
 
Posted by $Keith$ on :
 
quote:
Originally posted by state780:
This just in: The attorneys have gone to hard copies.

I, and the market, will try to contain the excitement.

LOL

More fluff to go with your peanut butter sandwich!

Give us the real deal!!!
 
Posted by clbgroove on :
 
Yeah but they didnt mention the chemical question that is out to the engineer's though?

If they are proceeding to hard copies does that mean the analasis came back OK? Wish they would have clarified that if its the case. I'll send an e-mail and ask the question and report if I hear anything.
 
Posted by clbgroove on :
 
quote:
Originally posted by cold_up_here:
"We believe that the retirement of shares will add tremendous value for our shareholders, said Jim Turek, President and CEO of Plasticon International. This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares."


Bawhahahahahahaha !!!!

Thank God for patience! Turek was absolutely correct, "The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares." Actual value? Hmmmm....0075 is fair value.

Oh and BTW thanks for showing up Cold we REALLY REALLY needed ya....still climbing .0127!!!!!
BAWAHAHAHAHAHAHAHA...............how ya doing on that fill??

I see ya never took me up on my offer of the free 25k shares......guess u must just be a basher
 
Posted by JasonTT on :
 
quote:
Originally posted by Thorn:
I'm not sure I like having a Green Baron run on the stock I'm interested in, but maybe it will turn out ok. On the other hand, it might be time to watch for a peak and jump ship should this "professional" pump-n-dump event take off.

I know where you are coming from, but green baron has had this as a pick since .005
 
Posted by clbgroove on :
 
Sorry guys just reread the Pr and its in there about the chemical comp.
 
Posted by ed19363 on :
 
Seems like Green Baron spells "poison" for a lot of stocks.
 
Posted by RahzM1ght on :
 
kool its about DAM time we see 9 percent in the green. lets just stay this way.
 
Posted by Chopper on :
 
Ed,
It appears to me The Green Baron is just an emerging stock pick service. I guess if you throw enough poop on the wall, something is bound to stick. Reminds me of economists. The guy that hits it right is the New Genius Guru. IMO GB has got lucky with this one though.


quote:
Originally posted by ed19363:
Seems like Green Baron spells "poison" for a lot of stocks.


 
Posted by clbgroove on :
 
Wheres cold for the boost for 2morrow????

Cold u want those shares or what.......cant give em 2 ya now cause we need ya to be the good luck charm and keep us away from the 12's!!!!!!!
 
Posted by DQ. on :
 
come to think of it where is Margr8aville been????
 
Posted by cold_up_here on :
 
Clbgoove, Tanks, but no tanks. The only thing these shares are good for is kindling and even that's questionable!

Ok...here it is! Let's play the 'What-If' game.

* Semco closes
* Promold closes
* Audit is complete
* Application to OTCBB is completed
* New contracts
* Plasticon's audit proves profitability

Now that is a lot of 'What If's'. Even "IF" Plasticon retires another 800 million shares, there would be(at best) still another 1 billion shares outstanding! With all thy above taking place, your shares are not worth sqwat! At best, I would say .013-.019 with all above taking place! Don't look for any new investors with a PPS near 1 cent.

Final conclusion: Bawhahahahahahahahahaha!!!!!!
 
Posted by StockHunter on :
 
quote:
Originally posted by cold_up_here:
Clbgoove, Tanks, but no tanks. The only thing these shares are good for is kindling and even that's questionable!

Ok...here it is! Let's play the 'What-If' game.

* Semco closes
* Promold closes
* Audit is complete
* Application to OTCBB is completed
* New contracts
* Plasticon's audit proves profitability

Now that is a lot of 'What If's'. Even "IF" Plasticon retires another 800 million shares, there would be(at best) still another 1 billion shares outstanding! With all thy above taking place, your shares are not worth sqwat! At best, I would say .013-.019 with all above taking place! Don't look for any new investors with a PPS near 1 cent.

Final conclusion: Bawhahahahahahahahahaha!!!!!!

If all the above took place this stock would trade up to $100 - $200 million capitalization in short order, IMO. That's .055 to .11 PPS without retiring any shares. SEMCO alone could be as big as rebar supports given proper distribution channels. This is a vast untapped market -- an environmentally safe [and decorative] waterproof bonding for concrete without a significant competing product.

Longer term the potential is much much greater. When one looks at all the rotting wood houses and concrete seawall barriers associated with the Katrina catastrophy, the value proposition of concrete waterproofing, plastic lumber and rust free rebar and rebar supports is compelling. But only time will tell how much current management can realize that potential. If they bring in the right management talent, this company can grow to a multi $billion cap in 5 years or so given the size of the market, IMO.

Right now, the chart looks the most impressive it has in months. MDAS was on the bid today, probalby taking profits on shorts they put on last week. WDCO was less aggressive on the sales. If they're smart they'll let it breath. If WDCO steps back tomorrow I think we'll see .015 in a day or two even without news.
 
Posted by shortnite on :
 
Here's another BS PR.

Plasticon International, Inc.: Senior Consultant Bill Howe Conducts Webcast with www.*************.com in Association with www.Machcobra.com
Wednesday September 28, 8:30 am ET

LEXINGTON, Ken., Sept. 28, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News), the technology leader of the recycled plastics sector, announced today that senior consultant Bill Howe has conducted an exclusive interview with *************.com in association with Machcobra.com so that PLNI shareholders and the investment community can learn more about the exciting upcoming developments for Plasticon International, Inc. The Webcast was conducted by Evergreen Marketing, Inc. and their subsidiary *************.com in association with Machcobra.com and is now available to the general public on the ``Webcasts'' page of The Green Baron Investors Society's website: http://www.*************.com. Webcasts can be accessed by clicking on the following link: http://www.*************.com/CEO%20Webcast.htm.

In the Webcast, Mr. Howe gives an overview of Plasticon's innovative products, the size of the rebar supports market, and the company's exclusive sales agreement with the largest building materials distribution company in the United States. In addition, he specifically addresses the fact that Plasticon's audit is in its final stages and that upon completion, Plasticon intends to make the necessary filings to become fully reporting and move to the NASDAQ bulletin board (OTCBB). Finally, he also gives current and prospective shareholders an update on a number of important acquisitions.

For more information about Plasticon International, please visit the Plasticon International web site at http://www.plasticonintl.com.

Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com Web site for 30 days starting Monday, August 22, 2005 at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International Web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.
 
Posted by Bearclaw on :
 
Shortnite..
This is an announcement of a Webcast where you, I and others have an opportunity to ask questions. It would seem to me that would be an opportunity for you to ask Bill Howe about their PR strategy...Including your concerns about "BS PR's"...
Question....How else would PLNI be able to let folks know about this Webcast without issueing a PR? Do you not want opportunities to ask questions?
 
Posted by shortnite on :
 
Bear...
This is a webcast that already occurred. I did attend the webcast, but due to the lousy quality, I was not able to ask questions, much like the rest of the attendees. The webconference was scrapped and a webcast of GB asking Bill questions was posted. This is old news.
Love,
Short
 
Posted by George on :
 
quote:
Originally posted by Bearclaw:
Shortnite..
This is an announcement of a Webcast where you, I and others have an opportunity to ask questions. It would seem to me that would be an opportunity for you to ask Bill Howe about their PR strategy...Including your concerns about "BS PR's"...
Question....How else would PLNI be able to let folks know about this Webcast without issueing a PR? Do you not want opportunities to ask questions?

They already did the webcast....
 
Posted by ya ya on :
 
looking good in premarket
 
Posted by shortnite on :
 
Again... BS PR.
 
Posted by shortnite on :
 
ya ya...
It always looks good to see SCHB and NITE moving up the bid pre market. Hopefully a good volume day.
 
Posted by Bearclaw on :
 
Guys..
So let me understand this...Your not complaining he did the webcast...your issue is that this announcement that the results are on the Webcast page is old news? Yes?
Ok...understood...be aware PLNI will probably gap up at open...do you think that has something to do with todays PR?
 
Posted by shortnite on :
 
Not with todays PR, but anticipation of the PRs to come. I think the audit is close and trading will show that over the next few days.
 
Posted by shortnite on :
 
Also, I am complaining about the webcast. I and others that post on these sites were not able to ask any questions or make any statements to Bill.
 
Posted by Bearclaw on :
 
Short...
It seems Green Baron is trying to move this some...They've been exposing PLNI now since before the webcast...exposure...may not be a bad thing...IMO

quote:
Originally posted by shortnite:
Not with todays PR, but anticipation of the PRs to come. I think the audit is close and trading will show that over the next few days.


 
Posted by shortnite on :
 
I'm fine with them pushing it. Their last push, pushed us up to .0199. I would just like to see it break .02 with it's own legs.
 
Posted by Bearclaw on :
 
Me too...We need the audit for that...

quote:
Originally posted by shortnite:
I'm fine with them pushing it. Their last push, pushed us up to .0199. I would just like to see it break .02 with it's own legs.


 
Posted by ya ya on :
 
Nice move up today..0137
 
Posted by state780 on :
 
quote:
Originally posted by ya ya:
Nice move up today..0137

A strange, slow rise on light volume.
 
Posted by ya ya on :
 
Any move up is good in my book.
 
Posted by Bearclaw on :
 
Yahoo Penny Runnerz just posted this...FYI

http://**************.yahoo.com/group/PENNY_RUNNERZ/

for the deleted area add:

finance dot groups
 
Posted by Chopper on :
 
9% gain yesterday 5% so far today. Nice volume today as well. Thanks for the push Cold.
 
Posted by ed19363 on :
 
Anybody been able to access the new webcast on Green Baron???
 
Posted by rangers684 on :
 
It appears to me that PLNI is about to be pumped all over the place. First i see Green Barron now I'm hearing it's going to become a major group play. Enjoy the ride but remember pigs get slaughtered, good luck.
 
Posted by Bearclaw on :
 
We already know PLNI is about to try and move the PPS...by more than pumping...Which group? What's your point with the dead pig???

quote:
Originally posted by rangers684:
It appears to me that PLNI is about to be pumped all over the place. First i see Green Barron now I'm hearing it's going to become a major group play. Enjoy the ride but remember pigs get slaughtered, good luck.


 
Posted by ya ya on :
 
Ranger - You sound angry like you have lost some money.This company is real with real products so if you just want to blow off some steam go to the QBID thread.Their are alot of people like you there.
 
Posted by clbgroove on :
 
Thanks again for showing up Cold!! Another tick....wrong way for you though! Keep up the good work. One tick at a time.......Tic Toc Tic Toc/ TIC TIC TIC up and away!!!!!

quote:
Originally posted by clbgroove:
Wheres cold for the boost for 2morrow????

Cold u want those shares or what.......cant give em 2 ya now cause we need ya to be the good luck charm and keep us away from the 12's!!!!!!!


 
Posted by cold_up_here on :
 
Bawhahahahahahaha !!!!!!!
 
Posted by imakmony2005 on :
 
UP UP UP.
 
Posted by Chopper on :
 
Nice Coverage and exposure. IMO we are Getting close to the real news folks! Gooooo PLNI

Press Release Source: Plasticon International, Inc.


Plasticon President and CEO Jim Turek Featured in The Washington Times, Page A5
Thursday September 29, 8:30 am ET
Plasticon's Recent Public Awareness Campaign Also Features Stories in The Daily Journal of Commerce, The Las Vegas Tribune, Investor's Business Daily and The Wall Street Reporter


LEXINGTON, Ky., Sept. 29, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that Jim Turek, the company's President and CEO, is featured in today's edition of the Washington Times (page A5).
Plasticon has recently launched a major public awareness campaign that features stories in newspapers such as the Daily Journal of Commerce, The Las Vegas Tribune, Investor's Business Daily Corporate News (http://www. investors .com/corporatenews/nw111.asp), and the Wall Street Reporter (http://www. wall street reporter .com/magazine/05/OilandGas/174_Oil&GasStocksFocus.pdf) -- see page 63.

``This is a very exciting time for us,'' Mr. Turek said. ``We are pleased that Plasticon is getting increased attention in the media. Most people don't understand that recycled plastic plays a critical role in their everyday lives, because it's often not apparent to the naked eye. We believe that our story is finally being told and that is very gratifying. Our public awareness efforts are now educating the public, our shareholders and our customers about new product applications and our vision for the future.''

For more information about the company and for important updates, please visit the Plasticon web site online at http://www.plasticonintl.com.

About Plasticon International, Inc.

Plasticon International (http://www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.
 
Posted by Bearclaw on :
 
Looks like their wanting folks to be watching...wonder why?
 
Posted by Chopper on :
 
Your Right Bear, Pr's are coming anyday now to send the PPS where it belongs .... Past .02!
Glad there are other people watching for the News!
 
Posted by ya ya on :
 
A real good product that is finally getting its just do,This should take off one of these days and i am going to be on board when it does.
 
Posted by state780 on :
 
are these stories or advertisements?
 
Posted by clbgroove on :
 
I'm glad Cold stopped by yesterday at EOD!! The PLNI Uptick Hero....Another tick will do today! Wewll take it
 
Posted by Chopper on :
 
Wow, Plasticon is in Israel and Egypt! All the Middle East and China Next. Gooooo PLNI

SUMMARY
Plasticon International (PINK SHEETS / PLNI) has created a line of recycled plastic materials
for a variety of markets. The company’s plastic rebar (distributed domestically through the
leading building supply firm) accounts for 80% of revenue, is cheaper than metal rebar, resists
corrosion and does not conduct electricity. Additional product lines include signage and office
supplies. Raw resin is characterized as both cheap and plentiful, especially compared to steel.
Sales contacts in Israel and Egypt provide exposure to the Middle Eastern construction market.
Management combines expertise ranging from plastics to public relations. Expected growth
drivers include rising demand for “green” technologies, the high price of steel, the encroaching
replacement of aging infrastructure and explosive construction overseas.
 
Posted by rangers684 on :
 
I wasn't talking neg. about plni, i'm actually sitting on a nice chunk. i was just saying if it makes a major move don't fall in love with it forever. RELAX!!!!!!!!!!!!!!!!


"Ranger - You sound angry like you have lost some money.This company is real with real products so if you just want to blow off some steam go to the QBID thread.Their are alot of people like you there."
 
Posted by bmarley5780 on :
 
VERY NICE to see PLNI getting the attention it needs.

BOYS AND GIRLS IMO this is goin to be goin UP very very soon, get on while you can...
 
Posted by state780 on :
 
quote:
Originally posted by bmarley5780:
VERY NICE to see PLNI getting the attention it needs.

BOYS AND GIRLS IMO this is goin to be goin UP very very soon, get on while you can...

I expect everything referred to above are ads, which is nice, and definitely boosts awareness, but I hate this bush-league PR crap where a company says they're "featured in the Washington Times" when they mean "we bought an ad." Hey, if it's a story, great, otherwise, I hope they learn how to play in the big leagues because that won't cut it.

Onward and upward.
 
Posted by StockHunter on :
 
Are the PRs designed to add eyeballs for when the real news comes, or are they designed to help sell the 400 million shares they've issued this year? Perhaps both. I am dying to know how those shares were issued. Were they tied tangentially to the "private" financing of SEMCO, or ProMold? How does Plasticon come up with the substantial financing necessary to purchase SEMCO and ProMold?
I guess we'll find out everything in one big lump when they complete audit and apply to OTCBB.

Its a bit frustrating to watch so many [mostly small] buy orders every day and they can't get through all that distribution.
 
Posted by RahzM1ght on :
 
kool, nice move to .014, wondering will this continue or drop back down obly giving us a 1% gain. i hate when that happens. i like to swing it then when it drops buy more shares [Smile]
 
Posted by ya ya on :
 
hopefully a steady rise up.
 
Posted by StockHunter on :
 
WDCO on the offer so its capped for now. Looks like they've sold 330K so far. They often back off after selling 1 million shares, so maybe another 670K at .0137 and then we can challenge .014 again.
 
Posted by state780 on :
 
quote:
Originally posted by StockHunter:
WDCO on the offer so its capped for now. Looks like they've sold 330K so far. They often back off after selling 1 million shares, so maybe another 670K at .0137 and then we can challenge .014 again.

yep, as soon as I saw WDCO move down I thought of your posts, stockhunter.
 
Posted by ed19363 on :
 
IMO, all these PRs and ads can only help spread the word, and possibly bring new buyers into the PLNI market. I would rather see 3 PRs a week than dead silence for a month. This looks to be a massive PR push for PLNI, and I wouldnt discount a major PPS move in the near future. The MMs cannot hold it down forever, altho they will try.
 
Posted by RahzM1ght on :
 
oh well that nice jump was short lived well tomorrow is another day.
 
Posted by shortnite on :
 
Recycled plastic maker poised to
make a major transition! pages 63 thru 68
http://www.******************.com/magazine/05/OilandGas/174_Oil&GasStocksFocus.pdf
 
Posted by shortnite on :
 
Recycled plastic maker poised to
make a major transition! pages 63 thru 68
http://www.wall street reporter.com/magazine/05/OilandGas/174_Oil&GasStocksFocus.pdf
 
Posted by Chopper on :
 
Good Catch Short....
But ehhhhhh, we posted that * 8:46 this morning.
[Eek!] LOL Well another 1% up, better than nothing I guess.
 
Posted by shortnite on :
 
Chopper...
Your right, I liked the article so much I posted it twice myself.
 
Posted by Chopper on :
 
Well looks like 1 or 2% a day slow climb to a launch point. I'll take any increase I get in this market. [Big Grin]
 
Posted by StockHunter on :
 
WDCO stepped down to .0138. Guess they overslept and just got in. Party's over for a while.
 
Posted by Thorn on :
 
Oh! You....optimists!!
 
Posted by Chopper on :
 
Well the Nasdaq and Dow were flat for the entire week and Plni is up 4%. Not much but I'll take it.
The Nasdaq Risk Metrics in case no one is looking is gradually getting lower. Very good sign. http://www.nasdaq.com/services/riskMetrics.stm?&tickers=plni My patience is wearing thin with the market in general but Plni is ready for the next leg past .02, just need that audit.
 
Posted by Murnak on :
 
The Semco update clearly tells us that this potentially valuable addition to Plasticon is moving forward. Should this acquisition be consummated, The Green Baron Report will soon analyze some of the numbers that we could see in revenues and earnings over the next several years. Calculations already should have PLNI trading at many times the current price on Semco business alone.

In light of the devastating hurricanes and flooding that just occurred throughout the south, products such plastic rebar supports, plastic lumber, and surfacing products that prevent water damage ought to be ideal choices for government contractors. Members looking for a stock that might benefit from reconstruction efforts following this horrible disaster should look no further than Plasticon. The price is still right for accumulation!
 
Posted by cold_up_here on :
 
Not this agian......Tic-toc-tic-toc-tic-toc. I'm having a flash-back! Bill Howe said Promold will close on October 6th, but the problem is he didn't state the year. All those PR's since May and the PPS is well below a cent 1/2! Potential new investors are looking at the PPS and saying- Bawhahahahahaha! Poor PLNI. Oh well, at least Mr.T tried. Noticed FOT doesn't post here anymore after that 'Lofty' 10 cent valuation figure! Bawhahahahahaha!
 
Posted by Desert Ed on :
 
PLNI has got to profit from hurricane damage. Rebar means strength. Come to Papa.
 
Posted by imakmony2005 on :
 
THIS STOCK HAS GREAT PROMISE, IM IN AND WILL HOLD.
 
Posted by Chopper on :
 
I sure am ready for October!
My Grand daughter asked me if my stocks were going to give me tricks or treats this month? I ask why sweety and she said ... Cause you make a pretty mean Monster when they're tricking you. Oh boy, out of the mouth's of children. [Eek!] Gooooo PLNI
 
Posted by maumee river rat on :
 
LOL Chopper!!!

Don't ya love how Kids just cut right through all the B.S., and tell it like it is !!!!
 
Posted by Chopper on :
 
Indeed Maumee [Big Grin] [Wink]
The Grand children like to call ne Grampy.. I believe that was a set up of sorts, cause when I correct them they call me Grumpy insted.


quote:
Originally posted by maumee river rat:
LOL Chopper!!!

Don't ya love how Kids just cut right through all the B.S., and tell it like it is !!!!


 
Posted by StockHunter on :
 
Question for the long term holders: What ever happened to the takeover of ATG Sports International announced June 2004?

http://www.bizjournals.com/stlouis/stories/2004/06/14/daily27.html

One reference was to an all stock transaction.

From a letter from Turek to shareholders on June 28, 2004:

"With a solid distribution network now in place, we are continuing our growth through the acquisition of A.T.G. Sports International. A.T.G. Sports is a 24-year old, St. Louis-based maker and installer of artificial athletic surfaces for indoor and outdoor sports applications such as tennis, soccer, football, baseball, rugby, running tracks and field hockey. The company also installs a wide array of surfaces for many court-based sports as well as public parks and playgrounds. We expect this acquisition to contribute $7 million to $10 million in annual sales."

Nothing on the current website indicates they are offering these products. I could not find any PR confirming the completion or cancellation of the deal. When I add this to the US Plastic Lumber takeover notice in their business plan it makes me a little more concerned about SEMCO. They like to jump the gun with good news annoucements, but are mum on any negatives [like stock dilution].
 
Posted by StockHunter on :
 
Reply to myself: Just found a reference to beneficial ownership in PLNI showing that Mark Driver, the owner of ATG Sports has 146 million shares of PLNI. Looks like they did buy the company. Funny that we don't see their products promoted on the website.

Its interesting that he comes from St. Louis, which is where ProMold is located. Maybe that's how PLNI found out about that opportunity.
 
Posted by Chopper on :
 
Stock,
The deal with ATG Sports International fell through after consideration by the board. It was stated in the prior thread for PLNI. That acqusistion was not a direction Plasticon should have gone in and did not reflect their position in the current business model.
Semco is a different story in that the products compliment the current business model. The time killer here is nothing more than the chemical analysis for the products. Heck we're lucky in the state I'm in to get a simple DNA test back in 6 months from the state labs because there is such a backlog. I will be tickled if they finish the Chemical analysis up in just 4 or 5 months. However I do believe they are in the final stages as the Pr's have stated.
No need to worry yet. IMO they are moving along fine. GLTY
 
Posted by Chopper on :
 
I still stand by my statement Stock. I asked this very question of Bill Howe and that was the answer I got.

quote:
Originally posted by StockHunter:
Reply to myself: Just found a reference to beneficial ownership in PLNI showing that Mark Driver, the owner of ATG Sports has 146 million shares of PLNI. Looks like they did buy the company. Funny that we don't see their products promoted on the website.

Its interesting that he comes from St. Louis, which is where ProMold is located. Maybe that's how PLNI found out about that opportunity.


 
Posted by StockHunter on :
 
Chopper, thanks for the clarification. Makes me wonder how Mr. Driver came to own all that PLNI stock though.

There are still some things that puzzle me regarding SEMCO.

Who is providing them with the financing of this supposedly non-stock deal? With the tremendous value proposition of this acquisition, why would SEMCO sell without demanding an equity stake in Plasticon. It seems unlikely Plasticon can borrow enough to buy them for anything close to what the combined companies could be worth in several years. If it were me, I'd demand a stake in the company's future.

Of course, they may be playing games with the terminology. There are ways to issue equity participation through preferred stock, options, secured debt, etc... that don't initially require the issuing of stock. I would think they would have to get approval of shareholders first, but I'm not an expert on legal matters regarding non-reporting companies.

Not knowing is a beetch, but I can't complain too much since the lack of transparency is what provides cheap entry opportunities. Can't have it both ways. Not legally, anyway.
 
Posted by Murnak on :
 
If you haven't read The original Business Plan for 2004/06 you should.....imo

Business Plan download here:

http://www.savefile.com/files.php?fid=6551432

They are way ahead of this plan but until they release the numbers this justifies an investment!!!!!!!!!!

Look at the international business plan!
 
Posted by Chopper on :
 
Stock,
The Semco deal as well as Promold are being privately financed. A simple call to Bill Howe will give you the info if you like. My understanding is they have a very stable credit line which alows them to expand without diluting the stock. This is all stated in their PR's. The current 1.8 billion share O/S will not mean Squat as the revenues increase. If the principle parties (Turek and Directors) owned 75% of the stock at 2Billion A/S then in my calculations that = 1.5 Billion shares with a 500 Million float.
They have stated in a PR the 200 million buyback is complete, which still gives Turek and Directors 72% of the control. A call to Big Apple will also confirm that. I already have called. Either you swing this in between pr's or you just hold long. Both ways IMO make PLNI a great play.
 
Posted by Chopper on :
 
Murnak,
That Biz Plan is way outdated and is being revised this very moment. The new biz plan will be published this month IMO. I believe the old one was meerly a rough draft of disjointed information that may or may not be included in the final published work. Big Apple and Plasticon are working on the Business plan/model now for all investors especially Institutional folks. Big Apples part is to Promote the company to the Big Boys. Plasticon still is in total charge of all Press releases.
 
Posted by Murnak on :
 
Chopper,
Agree but does have some good info in!
It seems to me to justify a higher PPS!
 
Posted by successinstock on :
 
Chopper...

just to clarify....the 200 million shares was a "retirement" not a buyback. From what I understand they will be addressing a "possible" buyback after the audit is completed.

GLTY
 
Posted by Chopper on :
 
You are correct Successinstock, That was a retirement. Sorry for the Confusion. [Eek!]
 
Posted by StockHunter on :
 
quote:
Originally posted by successinstock:
Chopper...

just to clarify....the 200 million shares was a "retirement" not a buyback. From what I understand they will be addressing a "possible" buyback after the audit is completed.

GLTY

It was also a bit disingenuous of them to call it a retirement. Outstanding increased from 1.4 billion to 2.0 billion without a peep of a PR. So in reality, they issued 600 million quietly, retired 200 million publicly and got a feel good PR out of it. I think the daily boatload of stock WDCO is offering represents some of those 400 million shares issued. If not for those shares meeting every wave of buying, we would be well above .02 already, IMO.
 
Posted by Bearclaw on :
 
Stockhunter...
Do you have anything concrete that says the stock WDCO is trading is from that?

quote:
Originally posted by StockHunter:
quote:
Originally posted by successinstock:
Chopper...

just to clarify....the 200 million shares was a "retirement" not a buyback. From what I understand they will be addressing a "possible" buyback after the audit is completed.

GLTY

It was also a bit disingenuous of them to call it a retirement. Outstanding increased from 1.4 billion to 2.0 billion without a peep of a PR. So in reality, they issued 600 million quietly, retired 200 million publicly and got a feel good PR out of it. I think the daily boatload of stock WDCO is offering represents some of those 400 million shares issued. If not for those shares meeting every wave of buying, we would be well above .02 already, IMO.

 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stockhunter...
Do you have anything concrete that says the stock WDCO is trading is from that?


[/QB][/QUOTE]

This is my opinion based on observations of WDCOs trading. They showed up about a month ago and have followed a pattern consistent with methodically unloading a considerable block of stock. So far they have sold between 40 and 100 million shares by my rough calculations. Based on volume analysis, it is highly doubtful anyone accumulated that many shares in the open market before the run above .01, so its most likely stock from private issuance. I've ruled out naked shorting since they actually try to support the stock when there is a lack of news and bidders. When buying shows up [from news--on the open--on the close] they step ahead on the sell side and take the lion shares of the sales for themselves.

But, this is just my opinion and I could be wrong. I base it on my 30 years experience making markets and following markets. I did some googling on WDCO last weekend and did find a reference possibly implicating them in some shady shorting of a stock in 2000, but this action just looks more like someone selling long, rather than someone trying to drive the price down.
 
Posted by Bearclaw on :
 
Stockhunter...
OK ...thanks...I appreciate the info...
 
Posted by tavil on :
 
Hello to all. I've been watching PLNI for sometime now but
I'm not convinced yet that it's worth investing in it.
I read a lot of PRs but the only real facts I know of are
the deals with Bluelinx and R&S Manufacturing. And even
about those deals I couldn't find the exact terms ie how
profitable they would be for Plasticon. What makes me
very sceptical about this company is that CEO Jim Turek
and other company officials have stated repeatedly that
audit would be shortly completed but as of today that's
just broken promises.
Well, can anybody provide me with some hard evidence
about this company? Like sales turnover, profits, cash flow,
debt etc? Anything that could convince someone to invest
in PLNI.

Thanks you in advance
 
Posted by Chopper on :
 
Tavil,
I can only tell you to go back and look at the Pr's and look just a little closer this time. In my years of management experience I have rarely seen a project go Perfect. Weather it be an acquisition, construction project, grand opening ect... I am sure if the only thing Plasticon was working on was their original audit that would have been reported on time. Ad a couple of acquisistions and the DD required to complete them, application to the OTC/BB, current shipping needs, developement of additional products and all the other day to day management issues and you have a great mix for DELAYS.
As far as all the items that you mention dealing with sales, debt, cash flow and the like, that would be in the released financials and in their P&L report. Do as you wish in investing in the company as you really should conduct your own dd. But I beleive in between .011 and .013 is a bargan and it will not stay here for much longer. GL
 
Posted by tavil on :
 
Thanks very much for your answer. I understand that management has many things going on at the same time but it seems very odd to me that an audit takes that long to be completed. I have to admit I'm not familiar with the whole procedure of auditing and that's what I try to find out. Anyone here knows anything about this procedure? Is it normal to take so long? I'm sorry that I keep asking this question but eventhough I'm prepared to risk some funds on this company I do not like to bet on a lose-lose situation.
Also you mention that PPS 'between .011 and .013 is a bargain'. Do you base that on a gut feeling,
TA, or some other info? Again, thanks in advance for all your input.
 
Posted by ya ya on :
 
News for 'PLNI' - (Plasticon Will be One of Nine Presenting Companies at Microcap Conference in Barcelona, Spain)


LEXINGTON, Ky., Oct 4, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) is pleased to announce that Bill Howe, a senior consultant for Plasticon International, will be presenting Plasticon International to the European investment community at a microcap conference in Barcelona on Thursday, October 6th.

"We believe that Plasticon will find a very receptive audience in Europe," said Jim Turek, President and CEO of Plasticon International. "As a leading green company in the U.S. that has demonstrated profitability, we believe that Plasticon will appeal to environmentally conscious European investors who are interested in a company that will improve the environment for future generations and will also benefit our shareholders as we continue to grow. Getting our message out to the European investment community is an important part of our strategy to expand our shareholder base."

The conference is sponsored by Thieme Consulting, Inc., led by President Heiko Thieme. Mr. Thieme is also the Chairman of the American Heritage Management Corp. The conference will feature nine companies, from industries such as solar energy, mining, biotech and manufacturing. Additionally, fund managers from Austria, Switzerland, Germany, London, Luxembourg will be attending. The event will be covered by European media as well as U.S. media, such as Bloomberg News.

For more information about the company and for important updates, please visit the Plasticon Web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com Web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.
About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.
 
Posted by nectarsyem on :
 
This is a great step foward, Europe seems to have a better grasp on the "green" subject
 
Posted by ya ya on :
 
Maybe this is the exposure that they need.
 
Posted by Chopper on :
 
Plasticon Will be One of Nine Presenting Companies at Microcap Conference in Barcelona, Spain
Barcelona is one of the hubs that they have established in Europe for obtaining recycled plastics by the way.... Are they gearing up to build a plant in Europe????? Makes me wonder Hmmmmmmmm
 
Posted by mbmaid on :
 
Hey everyone,

My pick last go around PAPO, went from .01 to .0336.

My next pick for a run to .02 and above is PLNI. My PAPO source tells me that some heavy buying is going to come into PLNI soon, with additional news to come (this presentation in Spain is bigger than we all perceive it to be).

GLTA
 
Posted by state780 on :
 
quote:
Originally posted by mbmaid:
Hey everyone,

My pick last go around PAPO, went from .01 to .0336.

My next pick for a run to .02 and above is PLNI. My PAPO source tells me that some heavy buying is going to come into PLNI soon, with additional news to come (this presentation in Spain is bigger than we all perceive it to be).

GLTA

Interesting. And it better be. Past presentations have been smaller than we all perceived them to be...
 
Posted by johnny14511 on :
 
ALL OF YOU WILL SEE THE PERCENTAGE GAIN TOMMOROW
 
Posted by mbmaid on :
 
PLNI will run soon...get in now.
 
Posted by johnny14511 on :
 
HEY mbmaid YOU SAY YOU HAVE AN INSIDER THAT GIVES YOU THEESE TIPS?

LIKE AMEP?
 
Posted by mbmaid on :
 
Nope, no insiders--I have a friend who knows what he's doing. He was right on about AMEP & PAPO, and now he's hot on PLNI.
 
Posted by johnny14511 on :
 
OK

HEY YOU SHOULD POST MORE OF THEESE HE TELLS YOU ABOUT!

ITS GREAT
 
Posted by johnny14511 on :
 
HEY mbmaid has he told you something about papo?
 
Posted by J3 on :
 
I have 100,000 shares of PLNI so I hope the rumor is true. Although I seem to remember another rumor about a week ago that didn't come to pass. Something about the news we've been waiting for will come out before the bell. The good thing is that I don't see many investors taking these rumors about PLNI too seriously. We didn't see a run when the rumor was put out and we didn't see a drop when it didn't come true.
 
Posted by Dagger Depot on :
 
I'm starting to wonder about tomorrow myself. Just going off company patterns, Wednesday seems to be the solid PR days. They have been putting all of the fluffy-do-nothing PR's on Mondays. I have a gut feeling that the next big PR will be on a Wednesday. Why not tomorrow? It seems to fit that "within the next few weeks" and "in the very near future" talk we have heard so much about.

Fingers crossed...
 
Posted by Chopper on :
 
Tomorow would be a great day for a pr with the meetings in Spain for new investors Thursday. Sure does make sense.
 
Posted by mbmaid on :
 
I tried to get a feel for when--and all I got was 'soon'. This is going to be a monster, like PAPO. We're gonna get our day soon.
 
Posted by glenngsxr on :
 
this stock seems like it has a hard time fighting against the market. It was strong this morning and then the rug got pulled out from under it when the market starting falling.
 
Posted by successinstock on :
 
WDCO walking it down again...

looks like the last 5 minute sell off is coming up.

Stay strong...
 
Posted by SchwarzBiest on :
 
How many shares has the knuckle head sold now anyway??
 
Posted by Thorn on :
 
Bah! Do I smell a pump-and-dump group? Be wary!
 
Posted by mbmaid on :
 
Nope. No P&D. I was given AMEP at .044, and PAPO at .01. Look at what happened. Eventually the pumpers will come out and move it up further, but that's not bad after the facts. And the fact is that PLNI will prove itself the sleeping giant that it is.
 
Posted by successinstock on :
 
20 minutes til walkdown mode....

tick tick tick...

sorry i'll stop.

(just getting tired of watching this cr ap)
 
Posted by ed19363 on :
 
Keep dreaming, folks. This sucker is going nowhere until the company makes good on some promises. Financials, filings, etc.
Fluff PRs about meetings will not move this stock.
 
Posted by mbmaid on :
 
"The conference is sponsored by Thieme Consulting, Inc., led by President Heiko Thieme. Mr. Thieme is also the Chairman of the American Heritage Management Corp. The conference will feature nine companies, from industries such as solar energy, mining, biotech and manufacturing. Additionally, fund managers from Austria, Switzerland, Germany, London, Luxembourg will be attending. The event will be covered by European media as well as U.S. media, such as Bloomberg News"


Thieme Associates, Inc.
845 Third Avenue, 14th floor
New York, NY 10022 / USA

Telefon: 212 397-3900
Telefax: 212 397-4036
Email: heikothieme*heikothieme.com


This is BIG coverage
 
Posted by cold_up_here on :
 
All that comes to mind is, Bawhahahahahaha!
 
Posted by tavil on :
 
Apart from Bawhahahahaha could you please provide some constructive arguments to prove your point?
 
Posted by Chopper on :
 
Tavil,
Cold is our favorite resident basher. We kicked all the others out and he does have a certain entertainment value. Besides Cold is slowly making his way to being a stock holder.
 
Posted by Bearclaw on :
 
Tavil...
Welcome to the site...

On top of what Chopper said when cold bashes PLNI consistantly...the PPS goes up...Many members request that he come and bash when the PPS is dropping...He's like having a resident PLNI pet...no harm here...
 
Posted by Superbee383 on :
 
quote:
Originally posted by Bearclaw:
Tavil...
Welcome to the site...

On top of what Chopper said when cold bashes PLNI consistantly...the PPS goes up...Many members request that he come and bash when the PPS is dropping...He's like having a resident PLNI pet...no harm here...

What comes to mind, is having our own ChaChaCha 'Chia Pet'. I'm happy to see Cold come to visit :-)
 
Posted by RagsToRiches on :
 
Cha Cha Cha Chiaaaa!
 
Posted by youngface on :
 
You have to admit, this would be boring as hell without a "Bawhahahahahaha!" from Cold ever now and then...
 
Posted by youngface on :
 
quote:
Originally posted by Thorn:
Bah! Do I smell a pump-and-dump group? Be wary!

I live near a lake, the wind is off shore but I'm detecting a slight fishy smell... very slight..
 
Posted by Dagger Depot on :
 
quote:
Originally posted by Dagger Depot:
I'm starting to wonder about tomorrow myself. Just going off company patterns, Wednesday seems to be the solid PR days. They have been putting all of the fluffy-do-nothing PR's on Mondays. I have a gut feeling that the next big PR will be on a Wednesday. Why not tomorrow? It seems to fit that "within the next few weeks" and "in the very near future" talk we have heard so much about.

Fingers crossed...

They released the PR for HISC instead. Right day, wrong company. It's too bad I sold all of my HISC Monday! GrrRrRrrrr....
 
Posted by clbgroove on :
 
quote:
Originally posted by youngface:
You have to admit, this would be boring as hell without a "Bawhahahahahaha!" from Cold ever now and then...

Yeah and especially if it went down on his comments, but it doesnt so he is more than welcome!

He still hasnt taken me up on the free 25,000 shares yet though so that makes me know for sure he is just a basher!
 
Posted by successinstock on :
 
isn't that normally how it goes dagger??

I hope your PLNI comes through.

GLTY
 
Posted by mbmaid on :
 
Folks--get your PLNI while you can. I'm telling you, it's gonna pop SOON.
 
Posted by JasonTT on :
 
From GreenBaron Update just sent out....

Plasticon obviously has not made the 50 to 100% move that we predicted last week would occur over the next 30 days from .0118 per share. Over the past week since we made our call, PLNI rallied to .014 per share only to pull right back to .012 per share at yesterday's close. Yes, it is frustrating for us too to see very little reaction to what appears to be the base for a major move sooner or later on press releases that obviously show the company is excited about the future.

As traders and investors, we like to see the picks we focus on go up, and stay up, and then go up more. The general market action we are seeing in big cap issues seems to be rolling into many of the small and micro cap issues as well. The stock market has been doing a lot of back and forth as investors try to determine if we are entering another bull market or going into a bear phase.

The Green Baron Report for the most part could care less what the overall market does because we have seen our stocks rally huge in the worst markets, and stall on explosive days upward. We believe the companies we choose for our reports are solid investments and have an overwhelming chance of vastly outperforming all other investment classes because they are real and have major earnings potential as well as tremendous new developments that are worthy of notice.

Plasticon has pulled back yet again, but the news indicates there are major things in the works. Companies do not go on road trips to tell their story unless they have a great story to tell. Companies do not take out full page ads in newspapers and investment publications unless they want the world to know they have something major to talk about.

The Green Baron Report believes PLNI stock right now is like trying to hold a volleyball under water. There will soon come a time, and we think it is very soon, when the volleyball cannot be held down any longer, and it pops up and out fast and furious. Do you all remember the stock chart we showed you on IVCM who we interviewed back in March? Go check it out now. That stock was about .08 just over a month ago, and its Bulletin Board listing has helped it get to yesterday's close of .57 per share. IVCM has gone up 7 times in value in about one month, so what makes you think PLNI can't do the same thing when it gets its listing?

Now, PLNI is very close to completing its audit according to just about everyone we speak to. There is no way to predict which day it will be, but we don't think it is very far off. We know it was supposed to be close back in June, but we are confident we are much closer now (perhaps within days). We also believe PLNI will close its purchase of Semco, Inc. very soon. Once the audit is completed and Semco is bought, we believe it will take about 6-8 weeks for the Bulletin Board listing. We have said we think the stock will make a big move over the next several weeks, and we still do, but by year end this stock could be sky high!

We think you all know the story of PLNI by now, but this is a great chance to accumulate again at prices we don't think will be around much longer. We reprinted the stories from PLNI below in case you missed them over the past few trading days. The meeting in Barcelona will alert Europe that PLNI is coming, and we believe the Europeans will absolutely love this story and this stock.

LEXINGTON, Ky., Oct 4, 2005 - Plasticon International Inc. is pleased to announce that Bill Howe, a senior consultant for Plasticon International, will be presenting Plasticon International to the European investment community at a microcap conference in Barcelona on Thursday, October 6th.

"We believe that Plasticon will find a very receptive audience in Europe," said Jim Turek, President and CEO of Plasticon International. "As a leading green company in the U.S. that has demonstrated profitability, we believe that Plasticon will appeal to environmentally conscious European investors who are interested in a company that will improve the environment for future generations and will also benefit our shareholders as we continue to grow. Getting our message out to the European investment community is an important part of our strategy to expand our shareholder base."

The conference is sponsored by Thieme Consulting, Inc., led by President Heiko Thieme. Mr. Thieme is also the Chairman of the American Heritage Management Corp. The conference will feature nine companies, from industries such as solar energy, mining, biotech and manufacturing. Additionally, fund managers from Austria, Switzerland, Germany, London, Luxembourg will be attending. The event will be covered by European media as well as U.S. media, such as Bloomberg News.
 
Posted by Chopper on :
 
Thanks Jason for the GB update. Just a matter of time.
 
Posted by LookAtThat on :
 
How do you get the Bid and Ask for PLNI. When using ameritrade I only see the last trade at .0125
 
Posted by mbmaid on :
 
http://www.plasticoninternational.com/investor_relations.html
 
Posted by Chopper on :
 
Hey Look,
Free level 2's for PLNI on the pink sheets. http://www.pinksheets.com/quote/quote.jsp?symbol=plni
 
Posted by Thorn on :
 
Ok. Now Green Baron is starting to scare me. This is the same copy they used to push CMKX and Pender....
 
Posted by tavil on :
 
I notice that GBaron have posted many updates on PLNI and they seem to be extremely interested on this company. Do those guys really think PLNI is a great stock with huge potential (and that's the main reason they recomend it) or they promote the stock because they are paid to do just that? What's your opinion? How valid are those guys?
 
Posted by tavil on :
 
quote:
Originally posted by Thorn:
This is the same copy they used to push CMKX and Pender....

What do you mean?
 
Posted by Bearclaw on :
 
Thorn...
You also said this may be a pump and dump group play...and to be careful...can you elaborate on these quotes?

quote:
Originally posted by Thorn:
Ok. Now Green Baron is starting to scare me. This is the same copy they used to push CMKX and Pender....


 
Posted by Thorn on :
 
Green Baron announced that CMKX was the "buy of a lifetime" for quite some time. They also pushed Pender (PNDR) for quite some time after it dropped drastically.

GB reported dureing about the same time period that both stocks would go up several 100% in short order. When each kept going down, they said "We are quite surprised that..." or "We are looking into why...." It didn't matter to the stock; it just kept going down. Stockholders suckored into holding out with these smooth words of GB went down with the stocks. And as for GB? I think they got paid to advertise the stocks (at least they did for CMKX, not as sure about PNDR).

Thankfully, I didn't hold either stock. I was watching to see if I should get in or not. After that escapade, I have not been much of a supporter of GB (as you can imagine). Beware.

The most damning part of it all was 1) their continued rant about "buy of a lifetime" for CMKX and their failure to ever warn traders that something was wrong, even in the face of a very obviously bad situation.

For me, that's not the kind of stock buy advice I want to read.
 
Posted by Thorn on :
 
quote:
Originally posted by Bearclaw:
Thorn...
You also said this may be a pump and dump group play...and to be careful...can you elaborate on these quotes?

I really don't know. It's just that the tone and the wording of some posters sounds like pump-n-dump. When someone says that stock X is going to get some great PR and it will go up XX%, BUT the poster does not tell you any details, THAT is a pump-n-dump scam (even if unintended). The only valid way to post information about a stock is to post detailed information or source/location for the reader to look at it himself.

Even the "I talked to CEO XXX and he said..." are suspect, because they often can't be verified (unless you can reach the CEO and verify it, but most ppl don't try, and aside from it being the lazy way out it is a p-n-d tool...do your own DD or else consider other's DD worth a grain of salt).
 
Posted by Bearclaw on :
 
Thorn...
Thanks...I misunderstood and thought you were hinting on a group play...glad you clarified...absolutely post details and DD...You got that right...Thanks again
 
Posted by StockHunter on :
 
Green Baron obviously has a vested interest in these stocks so you have to take anything they say with a grain of salt. Of course, they still have to pick which stock in their stable to push as a monthly feature or top pick. So when they spotlight PLNI it probably means it has more potential than the rest of thier stable of holdings. Now, if their other holdings are all dogs, that doesn't really say much.

All in all, they help attract attention. The vast majority of trades are buys. The only thing keeping this stock down is the massive inventory WDCO is offering. We need some major news to bring in the type of buying that will render WDCOs shares irrellevant -- like some 100 million+ share days.
 
Posted by ed19363 on :
 
I suggest you all do some DD on Green Baron. Their history suggests that they get paid to pump a stock, maybe make it their pick of the month. For several months the price goes up. Then all of a sudden nothing more is heard of the stock and the price tanks, leaving shareholders with an empty bag. IMO, GB is nothing more than a paid pumper. Be careful and do your own DD on the stock. Dont trust ANYONE else's DD. If you do, you're asking for another CMKX, which left thousands broke. I have listened to all GB's webcasts, and am not impressed. No useful info is given out, just "Oh, we're a wonderful company with a great future". Now if you owned a company, would you say in an interview "Dont buy our stock, this thing is a dog"??????
 
Posted by Chopper on :
 
Ed,
Comparing PLNI to cmkx is like night and day. cmkx has a trillion shares in the O/S with no known assets and PLNI has 1.8 billion. With the right revenue stream 1.8 bil will not be an issue.

[ October 05, 2005, 12:16: Message edited by: Chopper ]
 
Posted by Pagan on :
 
The timing of this Nobel prize announcement meshes well with Plasticon's upcoming presentation in Europe. "Green" technology, products, and companies are at the forefront of the current Eurpoean conciousness.

Green Chemistry work wins Nobel Prize

STOCKHOLM, Sweden (AP) -- France's Yves Chauvin and Americans Robert H. Grubbs and Richard R. Schrock won the 2005 Nobel Prize in chemistry Wednesday, for their work to reduce hazardous waste in forming new chemicals.

The trio won the award for their development of the metathesis method in organic synthesis -- which focuses on how chemical bonds are broken and made between carbon atoms, and which the Nobel Prize committee likened to a dance in which the couples change partners.

Metathesis has tremendous commercial potential in the pharmaceuticals, biotechnology and foodstuffs production industries. It is also used in the development of revolutionary polymers.

The process is used "daily in the chemical industry, mainly in the development of pharmaceuticals and advanced plastic materials."

"This represents a great step forward for 'green chemistry,' reducing potentially hazardous waste through smarter production. Metathesis is an example of how important basic science has been applied for the benefit of man, society and the environment," the committee said.

Chauvin, 74, is the honorary director of research at the Institut Francais du Petrole in Rueil-Malmaison, near Paris.

Chauvin is the first Frenchman to win a Nobel Prize since Claude Cohen-Tannoudji won the physics prize in 1997, and joins his famous counterparts Pierre and Marie Curie who shared the 1903 physics prize Antoine Henri Becquerel.

Grubbs, 63, is a professor of chemistry at the California Institute of Technology, and Schrock is a chemistry professor at the Massachusetts Institute of Technology.

The three men share the 10 million kronor ($1.3 million) award, which will be presented December 10 in the Swedish capital.

On Tuesday, Americans John L. Hall and Roy J. Glauber and German Theodor W. Haensch won the 2005 Nobel Prize in physics for their work in advancing the precision of optic technology, which could improve communication worldwide and help spacecraft navigate more accurately to the stars.

The prize was given to the three for their work in applying modern quantum physics to the study of optics -- a pursuit that has led to the improvement of lasers, optical clocks, GPS technology and other instruments.

On Monday, Australians Barry J. Marshall and Robin Warren won the 2005 Nobel Prize in physiology or medicine for proving, partly by accident, that bacteria and not stress was the main cause of painful ulcers of the stomach and intestine.

The award for peace will be announced on Friday in the Norwegian capital, Oslo. The economics prize, the only one not named in Nobel's will, will be announced October 10.

So far, the Swedish Academy, which awards the literature prize, has not yet set a date for its announcement, meaning the award could be announced next week.

Copyright 2005 The Associated Press. All rights reserved.This material may not be published, broadcast, rewritten, or redistributed.
 
Posted by successinstock on :
 
possible DD...

http://www.ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=15122
 
Posted by cold_up_here on :
 
Same old garbage, different month! Let's recap-

*No Audit
*No Unaudited #'s
*No Semco closure
*No Promold closure
*200 Mill. retirement? Without audited #'s I don't believe those shares were retired
*No new contracts

Sounds like a bunch of B/S to me! Bawhahahahaha
 
Posted by ed19363 on :
 
quote:
Originally posted by Chopper:
Ed,
Comparing PLNI to cmkx is like night and day. cmkx has a trillion shares in the O/S with no known assets and PLNI has 1.8 billion. With the right revenue stream 1.8 bil will not be an issue.

My post was not about CMKX, it was about Green Baron. Go look at their past picks and see where they are trading NOW !!!
A long time ago, I got the best advice you can EVER get about the stock market:
If it isnt in a PR posted for everyone to read, then don't believe it.
Subtract from that the number of companies (especially pennies) that file leading PRs with no substance, and you can decide which ones to believe.
IMO PLNI has the goods, but they need to get off the dime and get some things completed before everyone forgets who they are.
See above from cold....he has the right idea.
 
Posted by bmaxingout on :
 
hi all just thought that i would update my posistion in plni i have decided that if we dont get numbers this week i will be selling we have been waited for way too long i currently 2.5 million shares .014 i would be selling for a loss but just cant keep my money tied up until they decide to release the infomation that we need

now as far as the green baron goes they get paid in stock to promote the companies that they profile so yes they have an agenda

good luck to all
 
Posted by maumee river rat on :
 
the post above could be the start of "Colds" 008....

I always thought that it could dip beloow 010....don't think it will hit 008.... but standing in the sidelines..watchen....for some time now..(yes I have a position in this)..."Cold" probably isn't that far off on his projection...

Not a DOOM AND GLOOMER people...Just a thought from a charting perspective, and my translation
of what I see..

I'm not dumping, but I am preparing to do some seriouse F-ing cost averaging soon!!!

Good luck to all!!!

P.S.

"Cold" , I am not patten' You on the back Bro'
but, Good look!!
 
Posted by Bearclaw on :
 
Patience folks...Take a few deep breaths, have a few brews and kick back...
 
Posted by BuyTex on :
 
what--you're a mind-reader, now?

lol, took my breaths, kicked back...and got my brewskis...

hey, where are the dancers?

[Big Grin]
 
Posted by StockHunter on :
 
quote:
Originally posted by successinstock:
possible DD...

http://www.ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=15122

Good find success, thanks for posting the link. Just wish it weren't true, but we all know the odds are ProMold will not be announced tomorrow.

Lets all chip in and buy Howe and Turek a calendar and a calculator. Or maybe just some duct tape for their mouths.

I'm beginning to feel like Charlie Brown to these two Lucy's. They put that ball down and tell us this time they really really are about to announce the audit [or ProMold, or SEMCO, or ...] then they pull the ball away. Next day they're back with the same old ball and we all want to believe this is time they won't pull it away. Charles Shultz must have met Jim Turek in his youth.
 
Posted by Bearclaw on :
 
Hey BuyTex...
How are you buddy? I should have looked for dancers too...instead I watched my Red Sox go down...Now we need three in a row...

quote:
Originally posted by BuyTex:
what--you're a mind-reader, now?

lol, took my breaths, kicked back...and got my brewskis...

hey, where are the dancers?

[Big Grin]


 
Posted by dalton05 on :
 
Bearclaw - Please don't mention the Red Sox.I have been a fan all my life,growing up and still living in the Boston area.They had the game last night but Unfortunetly The error by Tony Graf.cost them the game.oh well guess we just have to win 3 in a row.But I will always be part of Red Sox Nation.
 
Posted by Bearclaw on :
 
Dalton...
Me too man...Grew up in Connecticut and lived in Boston for 6 years...My dad was a Yankee fan and I was a Red Sox fan. The kids I grew up with were split...so...we had all kinds of arguments...Great way to grow up...Don't lose faith...we're going back to Fenway and anything can happen...but...knuckleball pitchers drive me nuts...Wakefield...damn...should be fun Friday...Go Sox...

quote:
Originally posted by dalton05:
Bearclaw - Please don't mention the Red Sox.I have been a fan all my life,growing up and still living in the Boston area.They had the game last night but Unfortunetly The error by Tony Graf.cost them the game.oh well guess we just have to win 3 in a row.But I will always be part of Red Sox Nation.


 
Posted by dalton05 on :
 
Yes i agree bearclaw - Never know what the knuckle ball is going to do,even he doesn't know.it's an inning by inning thing.Around here we call him shakey wakey.
 
Posted by JasonTT on :
 
Cardinals are where it's at, fellas. [Smile]
 
Posted by mbmaid on :
 
PLNI gapping up this morning. Conference is over in Spain. Are attendees purchasing shares? Hmmmm.

IMHO, the time is short to get these prices for PLNI...
 
Posted by successinstock on :
 
.0124 x .0128

headfake?
 
Posted by Thorn on :
 
This would be a heck of a situation if I had more money invested in it. As it is, I almost don't bother checking in. [Big Grin]

Maybe when it finally starts moving...
 
Posted by johnny14511 on :
 
YOU THINK THIS STOCK IS GOING TO MOVE TODAY OR TOMMOROW
 
Posted by Persia on :
 
I hope today and tomorrow... [Smile]
But waiting really sucks!!!!!
 
Posted by successinstock on :
 
we will go somewhere when the audit is done, semco and promold are closed ... AND....

when WDCO has a stroke and can't push the sell button anymore.

8)
 
Posted by StockHunter on :
 
Interesting MM Action. Notice how NITE is big seller today and WDCO has a close bid. [WDCO wants to sell more, but they don't want to sell it too low.] Mostly buys, but NITE won't budge. I suspect NITE is gambling the stock will fall more than usual tomorrow given the overall market weakness and the 3 day weekend. Friday's are notoriously bad for pinks.

We should get a fluffy PR tomorrow saying how everyone in Spain was impressed with the presentation. If we get something more substancial [though I doubt it] NITE could be the one getting squeezed [hey, I can dream can't I?]. Should be interesting.
 
Posted by johnny14511 on :
 
tommoro news coming out get some
 
Posted by Persia on :
 
How do you know, Johnny?
 
Posted by ed19363 on :
 
Ever notice how many illiterate people there are on these boards. Makes you wonder who turns the computer on for them.
 
Posted by Thorn on :
 
No, I didn't notice. I try to focus on the stocks.
 
Posted by maumee river rat on :
 
[QUOTE]Originally posted by ed19363:
Ever notice how many illiterate people there are on these boards. Makes you wonder who turns the computer on for them. QUOTE]

Ervyone is gunna be watchen yer spillen firm now til termarra!![/
 
Posted by ed19363 on :
 
quote:
Originally posted by maumee river rat:
[QUOTE]Originally posted by ed19363:
Ever notice how many illiterate people there are on these boards. Makes you wonder who turns the computer on for them. QUOTE]

Ervyone is gunna be watchen yer spillen firm now til termarra!![/

Noe proplem...I kin spel reel gud, butt eye kant tipe.
 
Posted by BuyTex on :
 
out: sold my freebies from .0038 & sniffing for next week's hot pick--PMs welcome

glta
 
Posted by Bearclaw on :
 
Good luck Buy...If a good PR does come out during trading I've noticed from past runs that you have about 15 minutes to get in if you want back in after the PR...Don't know if that helps...

quote:
Originally posted by BuyTex:
out: sold my freebies from .0038 & sniffing for next week's hot pick--PMs welcome

glta


 
Posted by downdraft on :
 
Waiting for PLNI, any word out there???????
 
Posted by downdraft on :
 
I just called the PLNI office in KY and spoke to the receptionist, who stated the group was still over in Barcelona and would be back early next week. She also mentioned that she was sure they would do a PR at that time too. Things sounded normal and upbeat.
 
Posted by Persia on :
 
With all respect but, what does a receptionist know about a PR?
 
Posted by Chopper on :
 
Pr's just might cross her desk.
 
Posted by Persia on :
 
I hope so Chopper!
 
Posted by Doctoall on :
 
quote:
Originally posted by Persia:
With all respect but, what does a receptionist know about a PR?

It's a family business, so the receptionist could be Jim's daughter or cousin, or sister or mother. So she could know [Big Grin]
 
Posted by downdraft on :
 
Well, I asked her if she had any info about Barcelona, that is when she mentioned when they came back early next week they would get a press release out. That is just what she said, who really knows.

The 64,000 dollar questions is, when the PR comes out and PLNI gets the jump, say to .020-.023 do you take profits? Or, you can hang on for safety in case right after the PR from Barcelona comes out, the Big PR comes out about the Nasdaq listing and the "Volley Ball" pops out of the water and you miss the boat. We need more intel??? Maybe I should go by the office and see what I can find out.....hhhmmmmm?
 
Posted by fast50gt on :
 
downdraft, go while they are away and say there is a problem with mice in the building. you have to inspect each office. make sure to where a suit and look professional. lol.
 
Posted by fast50gt on :
 
correction, wear a suit.
 
Posted by johnny14511 on :
 
quote:
Originally posted by downdraft:
I just called the PLNI office in KY and spoke to the receptionist, who stated the group was still over in Barcelona and would be back early next week. She also mentioned that she was sure they would do a PR at that time too. Things sounded normal and upbeat.

whats a PR ????????
 
Posted by fast50gt on :
 
PR - press release. news release.
 
Posted by SchwarzBiest on :
 
quote:
Originally posted by johnny14511:
quote:
Originally posted by downdraft:
I just called the PLNI office in KY and spoke to the receptionist, who stated the group was still over in Barcelona and would be back early next week. She also mentioned that she was sure they would do a PR at that time too. Things sounded normal and upbeat.

whats a PR ????????
Nobody really knows, but supposedly some kind of device that magically increases the pps. It's been said that the MMs bought out the patent for it so that it could never be duplicated, and then destroyed it. Kind of like the 100mpg carburetors for cars. If you ever find one, let me know, because all my stocks need one right now.
 
Posted by downdraft on :
 
I just got off the phone with a gentleman whom I spoke with for 20 minutes. He has been with the company for 10 years and I asked him a few questions:

1. How is the company doing?

Very good and he has had a good response from the Barcelona.

2. What business do you think you will get out of Barcelona conference?

I don't know, but the market is wide open for us. You will have to ask Mr. Turek on Monday, he will have a better idea.

3. When do you think the audit will be completed?

I don't really know and we are sorry we announced it too early and didn't mean to disappoint people.

4. Do you think it will take 30 days?

(he did mention that was the area he was in but that's all I got)

Oh no, not that long.

5. Is the company profitable?

Oh yea, our costs are low and we are not dependant on Oil prices.

6. Do you have enough raw product to handle a growing market?

Plenty, and it is much cheaper to produce.

I will plan to go by an personally meet with Mr. Turek and report back to this board. I am interested in getting a distributor agreement to sell some of their products. Being an Airline Pilot, it is easy for me to stop by their office (in a suit..ha.). He did mention they manufacture in St Louis, MO and buying a company in Las Vegas and the main outlet was Atlanta, Ga.

It sounds like they are growing the business to broaden their market. I will let you guys know in a week or so.
 
Posted by SchwarzBiest on :
 
Thanks downdraft, it's greatly appreciated.
 
Posted by Lucas Brachish on :
 
SchwarzBiest: very funny. I laughed out loud on that one. Have done a bit of PR work for entertainment events in the past, so I can appreciate a good PR joke.

johnny14511: A PR is any news item that is released by a company, concerned party, or publicist and is not actually written by, originated by, or researched by a real reporter and editor. Some companies keep PR (public relations) in house, but for bigger events they usually hire a big PR firm. The publicists and marketing geniuses (spawns of Satan) then try to get the word out about the company/event to the public. The PR (public relations) people do this by sending out PR (press releases) to everyone and their mother.

In the normal media world, three things happen when a magazine/newspaper/TV reporter or news editor receives a piece of PR: (1) If they are wise, they throw it in the trash; (2) If they are not too lazy, they try to figure out whether or not there is actually anything newsworthy buried inside the flack-written fluff that is the basis of every PR; (3) If they are a hack, they try to figure out if they will be able to get any free electronics or movie/concert tickets or stock options or sex out of the publicist if they cover the “news” found in the PR; (4) The reporter/editor will research and verify (or contest) the info in the PR and then begin writing a story based upon the PR, bringing in outside research and doing interviews with people and trying to find the truth, unless they're FOX News or very drunk, in which case they'll just report the PR as fact or plagiarize it verbatim.

However, in the world of stocks, PRs are released directly onto newswires and are then avidly devoured by the public without ever being touched by reporters or editors, so anyone following the stock PR wires needs to do their own extensive DD (due diligence) to figure out what is really relevant and what is bull****. With many PR wires, the company that wants to issue a news release just has to pay the wire service a fee, and then, bingo-presto, it’s posted online.

At the same time, the company in question and their publicity team may not actually be behind the PRs you see -- it could be the MMs (market makers) that have hired a PR team to release publicity items to help make the stock go up or down. Typically, stock-related PR found on the legitimate news wires will not be lies, per se, since people could get in trouble for distributing completely false information, but the info will likely be manipulated to the furthest extent the law allows, to help whatever party is releasing or paying for the PR.

But since the general media doesn't pay much attention to all the penny stocks out there, penny traders have to rely on PR to a great degree. And the PR, in turn, affects what the stock media reports on, what the stock bulletin boards talk about, and what the stock gurus recommend. And many of the stock-news services that release info on the wires and distribute info through newsletters and websites and spam are glorified PR firms in their own right – they’re paid (with money and/or stock) to recommend the stock they’re flaunting. Nonetheless, even when PR is mostly BS, it can still affect the PPS (price per share or P/S (market cap divided by revenues, or stock price divided by sales price per share) and is rarely bad new (which is kept strictly on the QT). But you can use PR to your advantage if you’re on top of the news.
 
Posted by johnny14511 on :
 
downdraft thank you!!!

greatly appreciated if you post that info in this board!

hope to hear from you
 
Posted by downdraft on :
 
Your right "Lucas Brachish" in the normal realm, most PR is BS unless it comes from an official sources and then it still might be BS.

I guess when no news is available you may have to resort to jungle warfare. Even a "tip" from a secretary, office worker can be better than an official "prepared" PR. I lived in Africa 2 years as a project manager where nothing official was as good as a word from the power. So I did just that, back door meetings at bars on plastic chairs most every night with ministers, secret police, brothers of a President and influential people. Most Americans have not been trained on this technique. This is most important at many levels just getting the "real" information to move a project.

In the USA, it's normal to rely on normal channels for PR, but sometimes that information is not as good as what I would you can get by going to a business and talking to people. People who aren't trained in the PR World may say something that you would never find on a PR that is much more valid.

Large companies are careful when CEO's travel, who they meet with, where they meet or who will see them. Believe it are not, some corporate spy's are trained on intelligence gathering, and watch for these meetings. Some are trained in Lip reading too.

I will do a little jungle Intel to see what I can dig up and I will put it right here on this forum..!! [Smile] [Smile]
 
Posted by Desert Ed on :
 
You're right, downdraft ... I was a custodian for a large factory and knew as much as any source because people would talk around me thinking I'm just part of the broom. Our info was as reliable as anyones. Can't wait to hear how it goes. We'll be waiting.
 
Posted by downdraft on :
 
I have a few days available next week and I will try to make it to the PLNI office in KY,if not then for sure by the week after. Take care........
 
Posted by Lucas Brachish on :
 
downdraft ... Agreed. I'm looking forward to your jungle intel on this and any other stock. And I also appreciate the Q&A you posted above for PLNI. I'm givin' ya 5 stars, mate.

I've been folowing PLNI for months, but I'm not actually in because I've been waiting for some other funds to free up (I've had a very rough couple of months with a half-dozen other penny stocks -- lost tons of $$ after a previously flawless year). What does everyone here see as being the next good PLNI buy-in point?
 
Posted by corndo on :
 
If PLNI were a pimple then I would say that this is the "White-Head Season" where they either pop or lose all steam.

Plainly: there is no safe level during this time frame (October) since they have everyones hopes by using words like "definitely" and "imminent" in regards to finally issuing information regarding the companies current and future status. If they hold true, then tomorrow could be too late. If they string us along until November, you could probably pick up as many cheap shares that you like because they will be littering the pavement with a huge imprint of "HOPELESS" upon them.

IMHO: they don't want to totally kill their company. They will come out with something significant...soon.
 
Posted by downdraft on :
 
I am not the expert on figuring everything out but I feel really good about PLNI. The reason is the core business is based on a solid foundation with time, over 15 years under it's belt. The company appears to be solid and primed for growth. By reinvesting profits into the company ( share buy backs)shows promise. This company seems to me like Fedex when it first started, a new concept, low on cash but very profitable and they had to build the foundation first, and now look at them huge. The World is the market, our World is slowly running out of trees and natural resources, it's a no brainer for the future. I think PLNI is at it's beginning and will have a few hurdles to over come, it has do "real" business and make money . I feel they will make the NASDAQ BB listing with no problem and the price will jump as advertised, 7 to 10 times around .10 .12 in less than 30 days. I also feel for the long haul there is a good chance it will make a major exchange listing within 2 to 5 years. At this point the stock could trade for $1.50 to $5.00 a share, who knows??? I'm in......!

Warning: Read at your own risk, I am not a broker and make no promises or guarantees. Each person must know this is High Risk and the true outcome is unknown and for the lucky investor. You may lose all of your money, this is your risk.
 
Posted by bond006 on :
 
I hope you are right downdraft. I have been in this stock twice since April.Smoe have been in it for over a year.All have been waiting for the pr's to come true. I am getting to the point my self of wearing thin. I have been swing trading it twice and have reduced the number of shares that i hold from three million to five hundred thousand.And i am ready to jump back in at increase at a moments notice. I just hope i get a reason to do so. glta
 
Posted by BuyTex on :
 
lol, great company...not-so-great stock--lately.

Heck, I pulled mine, as many know. Got other trades coming up...

BUT I am ready to jump back in, at 15-minutes' notice...am convinced it will not only "run" again, but also level off at prices much higher than here...

the only quibble here is cash-flow management...
If I didn't need the cash from my freebies, I woulda let it ride another quarter...at some point, it gets down to job-site mentality: Who's working harder and making me money?

In that light, I cut worker A and keep worker B...
same thing with stocks...
 
Posted by downdraft on :
 
[Smile] I am very anxious to visit their office in KY. I just want to know more about the basic structure of the company and see what stage they are really in. If I am impressed, I will try to visit their distribution outlet and hopefully their production plant in St. Louis. Let me see how things go first in KY and then I will decide about the rest. I wish all the best to each and every one, we will see soon..!! [Confused] [Confused]
 
Posted by Chopper on :
 
This is my take on the reason the audits appear to be taking longer than we thought.

To be Sarbanes-Oxley compliant goes just a little further than your typical audit. There were 3 audits compiled, one for each of the companies. Also they were done in a one and three year format. Now I tend to agree that the Plasticon audit should have been finished and published by June however it appears they may be grouping all three comapnies together for the filing to the OTC/BB.

The challange with acquiring 2 companies and doing audits on all three is a monumental task in itself. Let alone looking to go to the Bigger trading board. The most time consuming of which is to have written conformation by ALL Creditors and Clients that what the accounting by these 3 companies states matches what the creditors and clients have on their books as well, going back THREE years. Can you imagine the reports you are asking for from people Like Rayovac or Bunn coffee makers for just Promold. Now you are adding to their accounting departments more work in asking to confirm the work promold did for them. So the wait seems like forever and could take weeks or months. This being said it appears that the initial audits by the in house accountants went well as offers were made for both Promold and Semco. Next offers are accepted contingent upon the three year audits by SEC compliant Auditors. Hence the HUGE paperwork trail as well as any product testing as in Semco's case. Lastly the contracts are signed and the package put together. At that point the combined audits are merged into one and we have an SEC compliant Audit ready for the OTC/BB application. Yipee

I happen to believe that these audits are either finished or in the final stages and the pen is about to ink the contracts on at least Promold if not Semco acquisition as well. IMO, one contract signing will be very soon! Maybe the middle to the latter part of this week and that is HUGE News! IMO There is a lot going to break loose in a farely short period of time.
Side note Promolds Web site has been down ever since the offer was Pr'd as a go. Hmmmmmm
GL everyone
 
Posted by bond006 on :
 
Sounds good Chop I hope that is the case glta
 
Posted by downdraft on :
 
Hey Chopper, good points and you maybe right. It is a huge task and at least the company appears to be doing things right. Any new intel on Semco or Promold???
 
Posted by Desert Ed on :
 
Chopper is right about the timeline. Qulaity takes time. We're getting ready to RUN!
 
Posted by bond006 on :
 
I have a funny feeling that the audit figures will be released and they will look good but nobody will care after all this . You have to know the flow of the sale and this one has been all messed up. I am still here and won't leave because the co is good and the future is bright especially with New Orleans . imho
 
Posted by downdraft on :
 
I am leaving for Lexington tonight and will be at the PLNI Office on Oct. 11th, at 0900. I spoke with Mr. Turek today and will meet him when I get there. I mentioned to Mr. Turek that I represent a group of Airline Pilot's and I wanted to ask a few questions. He said he would be happy to speak with me but had boundaries he "wouldn't Cross", I said, of coarse. I just want to get a better feeling for the long term etc. I also want to see some sample products, and get the nuts and bolts answers.

Questions:

1. What is the debt service to Semco going to be?
2. What is the debt service to Pro Mold going to be?
3. What is the actual Gross profit/net profit today for PLNI?
4. What do you expect it will be after you have Semco and Pro Mold in full motion?
5. Where do you see PLNI in Europe today and 2 years from now?
6. What are the plans for the 1, 2 and 3 year marks?
7. Will we make the NASDAQ OTC?
8. Will we make the NASDAQ in 5 years?

I will let you guys know what I find out that is worth talking about. Wish me luck..! [Razz]
 
Posted by Jerm on :
 
Thanks downdraft... BTW, interesting name for a pilot! :-)
 
Posted by SchwarzBiest on :
 
downdraft, I have 5 stars waiting for ya when ya get back [Razz] Thanks for checking things out for us.
 
Posted by bond006 on :
 
Good luck Downdraft its a great thing you are doing for us i will have 5 stars for you to
 
Posted by bond006 on :
 
I just gave you my 5 stars for the road Downdraft lol
 
Posted by stolibox on :
 
got back in today 0122. cmf on this chart is in the gutter around .4, and we havent seen a sharp decline. nice triangle coming to apex...

http://stockcharts.com/def/servlet/SC.web?c=plni,uu[h,a]daclyyay[dc][pb50!b200!f][vc60][iUc20!La12,26,9]&pref=G

look at hisc cmf prior to each run at .4???

http://stockcharts.com/def/servlet/SC.web?c=HISC,uu[h,a]daclyyay[dc][pb50!b200!f][vc60][iUc20!La12,26,9]&pref=G
 
Posted by Chopper on :
 
I'm not really sure what Downdraft will be able to squeeze out of Plasticon Man but best of luck to him.
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
I'm not really sure what Downdraft will be able to squeeze out of Plasticon Man but best of luck to him.

Yes, best of luck. Although if I were superstitious I would place about the same amount of hope in a pilot nicknamed "downdraft" as I would in a doctor called "terminal" or a NASCAR driver named "crash."
 
Posted by Chopper on :
 
Hahahahahahahahahahahahaha Good point State.

IMO we will see a Non Fluff PR anyday now, really no need for downdraft to crash the party.
 
Posted by cold_up_here on :
 
Bawhahahahahaha!!!!! Fill my order! 125 days and still no fill, but I have faith.
 
Posted by StockHunter on :
 
quote:
Originally posted by downdraft:
I am leaving for Lexington tonight and will be at the PLNI Office on Oct. 11th, at 0900. I spoke with Mr. Turek today and will meet him when I get there. I mentioned to Mr. Turek that I represent a group of Airline Pilot's and I wanted to ask a few questions. He said he would be happy to speak with me but had boundaries he "wouldn't Cross", I said, of coarse. I just want to get a better feeling for the long term etc. I also want to see some sample products, and get the nuts and bolts answers.

Questions:

1. What is the debt service to Semco going to be?
2. What is the debt service to Pro Mold going to be?
3. What is the actual Gross profit/net profit today for PLNI?
4. What do you expect it will be after you have Semco and Pro Mold in full motion?
5. Where do you see PLNI in Europe today and 2 years from now?
6. What are the plans for the 1, 2 and 3 year marks?
7. Will we make the NASDAQ OTC?
8. Will we make the NASDAQ in 5 years?

I will let you guys know what I find out that is worth talking about. Wish me luck..! [Razz]

Downdraft -- Good Luck on your trip and thank you for your efforts. If you could ask just one more very important question, ask Mr. Turek where the 400 million shares that were issued this year went. Market maker Wilson-Davis (WDCO) has been selling 3 - 6 million shares a day for over a month now. Ask Mr. Turek if these shares are being sold by Plasticon, himself or other close insiders and why? We need to be assured that they are not issuing rosey PRs just to get us to finance the company through stock sales.

For me, there is a dissconnect between the prospects as they have presented them, and selling up to hundreds of millions of shares at these prices.
 
Posted by buckstalker on :
 
That is "the" question that has concerned me for quite some time now....


If you could ask just one more very important question, ask Mr. Turek where the 400 million shares that were issued this year went. Market maker Wilson-Davis (WDCO) has been selling 3 - 6 million shares a day for over a month now. Ask Mr. Turek if these shares are being sold by Plasticon, himself or other close insiders and why? We need to be assured that they are not issuing rosey PRs just to get us to finance the company through stock sales.

For me, there is a dissconnect between the prospects as they have presented them, and selling up to hundreds of millions of shares at these prices. [/QB][/QUOTE]
 
Posted by state780 on :
 
quote:
Downdraft -- Good Luck on your trip and thank you for your efforts. If you could ask just one more very important question, ask Mr. Turek where the 400 million shares that were issued this year went. Market maker Wilson-Davis (WDCO) has been selling 3 - 6 million shares a day for over a month now.
EXCELLENT point--that would be a good question to ask!
 
Posted by StockHunter on :
 
Remember the old addage:
"ACTIONS SPEAK LOUDER THAN WORDS"

If the company's actions involve distributing shares into the market, then all those flowery words [PRs] don't add up.

The PR for the Spain trip should be interesting. Will we get a distribution/partnership contract announcement with a real credible company? Or will we get -- "major" (un-named) companies are "very interested".

Will they tell us how "excited" and "thrilled" they were by the "enthusiastic response" by the (un-named) "major" european institutional players?

I don't think I could take another "we are in the final stages of completing our _______(fill in the blank --audit/Semco acquisistion/ProMold closing)"

The number of shareholders has grown from less than 1000 to 3800 so far this year. Too many people sitting on shares for too long without some solid follow through on the promises. At some point the money flowing in from new investors will not be enough to cover the impatient and dissillusioned who start to bail.

When I first got into this stock in May, someone I felt was credible made a post claiming that Turek told him the 1.4 billion share shares outstanding was still valid and hinted they would be reduced in the future. Since then the dilution has been 28% in less than 4 months [1.8 billion as of 9/1/05].

To illustrate the importance of issuing shares, lets take an extreme example: If you bought $1000 worth of Microsoft on the IPO in 1986 it would be worth about $10,000,000 today. But if Microsoft had issued shares at the same rate as Plasticon has over that time, your $1000 investment would be worth $93 today.

The greatest fundamentals in the world won't matter if shares are issued faster than the company grows.
 
Posted by johnny14511 on :
 
what about 20 million dollars
 
Posted by StockHunter on :
 
Oops! I screwed up the MSFT example math. Actually $1000 invested in the IPO would be worth about $360,000 today, or about $3.35 if they issued stock at the rate PLNI has over the past 4 months.
 
Posted by downdraft on :
 
Hi Gents, I am getting ready to go to the office and have taken a few of your questions per your requests. I will be back this afternoon with a few answers.

See ya................. [Wink] [Wink]
 
Posted by bond006 on :
 
Good luck to Downdraft I hope he get some good news that will encourage us. I was also hoping for a pr today as we are past another audit deadline that was a pr. glta
 
Posted by bond006 on :
 
I want to say that some time this fluff has got to come true they are working on the things they talk about,what concerns me maybe they haven't got the juice to get her done.That should be all our major concern.
 
Posted by pensandoenti67 on :
 
off topic

GOT a runner for the day !!!

INSQ x5 today
 
Posted by Chopper on :
 
No worries here! Jim has the power to run and run hard. Just be Patient... GLTA

quote:
Originally posted by bond006:
I want to say that some time this fluff has got to come true they are working on the things they talk about,what concerns me maybe they haven't got the juice to get her done.That should be all our major concern.


 
Posted by bond006 on :
 
Come on Mr. Turek lets go plni
 
Posted by tavil on :
 
quote:
Originally posted by StockHunter:

When I first got into this stock in May, someone I felt was credible made a post claiming that Turek told him the 1.4 billion share shares outstanding was still valid and hinted they would be reduced in the future. Since then the dilution has been 28% in less than 4 months [1.8 billion as of 9/1/05].

That's a major concern with most .pk stocks. The stock gets hyped so that many new investors bite the bait and the company unloads millions of stocks in order to finance its operations. Most of the earnings then end up directly to the pockets of management team through artificially inflated expenses. In the mean time, stockholders are the suckers of the story. I hope same thing does not happen in our case but what Stockhunter posts above makes me nervous... Anybody has any idea/explanation about this 28% dilution?
 
Posted by BenHouston on :
 
arent they in europe right now? meeting with european venture capilists?

isnt it some microcrap convention thing or something?
 
Posted by bond006 on :
 
Ben they just got back last night from my understanding
 
Posted by Chopper on :
 
Nope, everyone is back from Spain. I am sure we shall see how it went in the coming weeks.
1.8 billion shares o/s will mean nothing with proper revenues. I don't think Jim is buying a factory for looks. Spring construction will be here before you know it. I just hope they can handle the volume.
 
Posted by mbmaid on :
 
Someone let the air out of the volleyball.

C'mon, PLNI!! Let's bust out of the water!
 
Posted by downdraft on :
 
Hi All,

I have just returned from the meeting with PLNI President, Mr. Turek. First, As I have stated before, my intentions were to come here and get some nuts and bolts answers about the business, which I have done. Second, I am interested in distributing some of their products myself.I thought I would put a few things here just to help you guys out since I was here anyway.

Here are some of the highlights:
1. A 500 ton Toyo injection molding machine was delivered last Monday to Pro
Mold to add to the other 9 mold machines 75, ton 450 ton and others. “Fact” I saw the picture of the machine on the semi truck.
2. I asked about the Semco and Pro Mold, Inc. acquisitions and Mr. Turek stated they were in the final stages; we will have to wait for more official work.
3. The DOT Road sign business was something that Mr. Turek worked very hard on for many years getting approved by all 50 States. Any PLNI is going to venture more in that direction hopefully, next year. But, the timing was the only question first quarter, mid, but hopefully next year he said.
4. Mr. Turek mentioned #m has had the market tied up for years but now new technology has made plastic to reflective on it’s own without 3m reflective material. This opens up the sign business.
5. BlueLinx distribution in 63 warehouses. PLNI can supply 300 K per month inventory capacity and Bluelinx anticipated re-orders once established in outlets of 4 to 6 times per year. This is an ongoing process getting rebar supports in outlets nationwide.
6. The rebar support is the heart of PLNI and to provide a good base, cash flow said Mr. Turek. The rebar supports are approved in the CRSI Manual of practice standards Chap. 3-11 to be used as an alternative to Steel.
7. Plastic lumber is another area being explored by PLNI
8. Semco once the acquisition is complete will be another profit center than will be important to PLNI. The process is profitable and will be setting of installation and training courses at Semco.
9. Mr. Turek was very careful and when I asked a question, across the line, he was quick to say, I can’t answer that, meaning it would have to come through official channels. I respected that and moved on to other questions.
10. An important thing he said was it is a Green company, and he wants to keep it that way, PLNI is for long term investors and he feels the future is bright. He is not selling personal shares and also restricted by law.
11. Pro Mold and Semco will be holly owned considerarys of PLNI. They were financed privately by Mr. Turek
12. Mr. Turek could not go into the audit timing, I personally felt he didn’t know and was at the mercy of the auditors. He did say, the numbers will support the OTC but the audit takes more time than anticipated. The reason is beside recent financial they have to go back to 1994 and find records.
13. The Spain team is back and it looks good but he didn’t mention anything.

I asked for what about this in 2 years, the price of stock etc. and Mr. Turek would not speculate but did show a real excitement about the future of PLNI.

I feel the company is real and the people are sincere, especially Mr. Turek (nice guy) who took 2 1/2 hours out of his day to speak with me. I think the company is in it's early start of growth phase and hold on for the long term.

I hope this information helps....

[Wink] [Wink] [Wink] [Wink]
 
Posted by bond006 on :
 
Thank you Downdraft it is always nice to get news first hand from another investor [Big Grin]
 
Posted by buckstalker on :
 
Would still like to know what happened to the 400 mil shares that appeared out of nowhere...
 
Posted by state780 on :
 
quote:
Originally posted by buckstalker:
Would still like to know what happened to the 400 mil shares that appeared out of nowhere...

Yep.

Thanks for the report, downdraft. For longtime PLNI holders, nothing really new to chew on.
 
Posted by StockHunter on :
 
Downdraft,
Thanks for the info. Did you ask him specifically to address the 400 million shares issued recently? All we know now is that he personally did not sell his shares. My guess is, if anything, he issued more to himself and other insiders. Most of the new shares are probably company shares being sold into the market. Nothing else really matters if they keep selling shares.

As to the Semco and ProMold financings, you said
"They were financed privately by Mr. Turek". Do you mean Turek himself, or Plasticon? If Turek got the financing in his name, could he have issued the 400 million shares to himself in return for that financing? He could then grant some of those shares to the financial institution as collateral, and that institution could sell the shares into the market [through WDCO]. This way he gets the financing done with limited dilution of his share and can still try to legally claim it was not a dilution [as per the PRs]. All this is speculation, but without hard answers that's all we have to go on.
 
Posted by mbmaid on :
 
Thanks for the info, and for taking time out of your day to do this.
 
Posted by Bearclaw on :
 
Thanks Downdraft...We all appreciate your efforts...
 
Posted by Chopper on :
 
Downdraft,
All good stuff buddy. I believe that with that 500ton Toyo injection mold machine being delivered to Promold that deal is pretty much wrapped up. Thanks again GLTY
 
Posted by shortnite on :
 
down...thanks for posting your info. looks like we're in for a good week, even if today is looking a little sour.
 
Posted by Chopper on :
 
If this gets to Colds buy in price We'll never hear the end of it. LOL Maybe thats why our lucky Troll hasn't posted as much.
 
Posted by shortnite on :
 
down...i also saw that you took a beating over on rb don't let those kids spoil the info sharing. it's a bb and the data should be taken for what it's worth. go plni!
 
Posted by shortnite on :
 
My only question is:
Is Jim Turek as handsome as his pictures?
 
Posted by shortnite on :
 
Stoli...Good to see you back in.
 
Posted by downdraft on :
 
quote:
down...i also saw that you took a beating over on rb don't let those kids spoil the info sharing. it's a bb and the data should be taken for what it's worth. go plni!
Yes, I did get beat up over at the RB, they just thought I was some monkey talking smak. I think they understood i was real after 3 hours of posting..ha.

As far as my visit, I was real carefull not to Miss quote anything which Mr. Turek told me. Some of the things I will not put in a public forum but have a comfort level now. He is a nice guy and I feel he is doing what is best for PLNI. I am not a fortune teller but think we are in good shape. I leaving Lexington, KY in the morning back to FLL where it's warm. [Wink] [Wink]
 
Posted by Thorn on :
 
quote:
Originally posted by shortnite:
My only question is:
Is Jim Turek as handsome as his pictures?

Chances are that photo is 20 years old [Wink] .

(JK, but I did know a woman once who did use a 20 yr old photo of herself. What a surprise to meet her in person! She did seminars and so was often seeing people face to face, so I don't know how she justified that.)
 
Posted by johnny14511 on :
 
this stock went doen to .0111

what do you think?
 
Posted by downdraft on :
 
I'm not worried, it's a buying opportunity, I going to get some..!
 
Posted by downdraft on :
 
PLNI PR anytime get ready..!! [Wink]
 
Posted by bond006 on :
 
Nice to see [Big Grin] all of you this morning i am with you Downdraft lets get this party going i have been waitng for the right pr now since march
 
Posted by downdraft on :
 
I am still in the Hotel in Lexington, KY and will have to leave in a few hours and wish I could just sit by my computer and watch the market. It will be nice when you can get high speed on aircraft..!

I think PLNI will be moving today, not sure which direction at this point. PR should be out around 0830 normally (10 mins), which will let us know before the market.

I did pick up a few samples of rebar supports while at PLNI and have them in my bag. I forgot the sample of Semco product but will have it shipped.

[Cool] [Cool] [Cool]
 
Posted by Bearclaw on :
 
Hey Down...
I want you flying the aircraft while I'm a passenger...not watching the L2's of PLNI...
We'll keep you up to date...Just check in while having a cold brew with the Stews...

quote:
Originally posted by downdraft:
I am still in the Hotel in Lexington, KY and will have to leave in a few hours and wish I could just sit by my computer and watch the market. It will be nice when you can get high speed on aircraft..!

I think PLNI will be moving today, not sure which direction at this point. PR should be out around 0830 normally (10 mins), which will let us know before the market.

I did pick up a few samples of rebar supports while at PLNI and have them in my bag. I forgot the sample of Semco product but will have it shipped.

[Cool] [Cool] [Cool]


 
Posted by downdraft on :
 
Bearclaw, I want to see if I can have stockcharts installed on my primary flight display on my Airbus 321...ha.Don't worry, I will turn it off for landing..!!
 
Posted by bond006 on :
 
Good God if we don't get a pr pretty soon Cold might get his order filled. What a thought that is, he certainly would be hard to live with.Especially with all the I told you so's [Eek!]
 
Posted by JasonTT on :
 
My guess would be PR tomorrow. We will see!
 
Posted by Felecia Gomez on :
 
Bawawawawawawa!!!!!!!Hee, hee, hee!!!!What up Cold. Time to get our fill at .006!!!!!!!!!!!Bawawawawawawawawa!!!!!!!!!
 
Posted by Felecia Gomez on :
 
PR Tomorrow!!Yeaahhhhhhhhh!!

PR:
"Mr. Jim Turek has just completed eating his 7th bowl of Rice and Beans in Spain. "Our plasticondoms have worked well in pleasing our spanish escorts", states Turek.

Bawawawawawawa!!!!
 
Posted by Thorn on :
 
...meanwhile, the rest of the gang prepares to do a "bye bye" wave to those who have been waiting for the stock to drop below .01 [Wink]

Um, maybe you can catch it on the next forward split (lol).
 
Posted by Felecia Gomez on :
 
Not so fast there Gadizzle. The ".01" may be by the end of the day today. Set aside all of my trash talking, and you can count on one thing, I will be making a huge by if this even winks at .01. Count on it. Remember, not all trash talkers are bad people, just a little foul-mouthed.
 
Posted by BenHouston on :
 
I took this .0111 as an opportunity to up my holdings in this company, bought 35,000 more shares.

[Smile]
 
Posted by StockHunter on :
 
10 MMs on the bid and only one offer. Don't think I've ever seen so many on the bid. Gotta love those round numbers.

Must mean its going down ;-)

I wonder how many bidders at .01 (hope I don't find out). Stock market looks poised for a power move down into Friday's CPI numbers. That could pressure this down to .01 or less if we don't get news. Put your silly bids in under the market now as they often spike this thing so fast you can't get in on the way back up.
 
Posted by BuyPennywise on :
 
where's cold? looks like he might get his order filled!
 
Posted by Felecia Gomez on :
 
This is starting to really sink now. R/S just around the corner.
 
Posted by johnny14511 on :
 
hey what do you think is going to down to ?
 
Posted by maumee river rat on :
 
support around 0092
 
Posted by JasonTT on :
 
I don't see this going below .01
 
Posted by ed19363 on :
 
If they dont soon come out with some positive news, it'll go a lot lower than that. Most people are getting fed up with all the waiting, broken promises and missed dates. No excuse for letting it slide like this.
 
Posted by maumee river rat on :
 
Agreed! Ed.
I'm one of those people...

Good support between 0092 0095, if it breaks that its gunna be a blood bath
 
Posted by Felecia Gomez on :
 
Sell now with only minor cuts, OR like Maumee said, an artery will be severed and you will lose all. Hey, sell now and get back in on a lower bid.
 
Posted by maumee river rat on :
 
All I siad was that it could become a blood bath if it breaks support....Don't group me into your LITTLE "World of Bash", I'm quite capable of stating whats on my mind without a translater Felecia..

Have a nice day
 
Posted by mbmaid on :
 
If it breaks below .009, I'm selling the house and buying PLNI.
 
Posted by Chopper on :
 
Please Keep selling who ever you are and I and a few other savvy investors will keep buying. I almost feel guilty taking lunch money from the kids. NOT!
 
Posted by Homerunner on :
 
Message from SI Bulletin Board written by BBD:

"...Extra, ...Extra, ...Read all about it............

PLNI took delivery of a new 500-Ton capacity injection molding machine at the ProMold site yesterday, and there are two more machines on the way. This will boost their production and sales capacity tremendously, and help meet their Georgia-Pacific warehouse-filling requirements.

The arrival of the new machine was actually seen by a PLNI stockholder, and this info has circulated via email; look for related PR soon. I verified these facts with the HQ this morning.

Collect 'em on the dips, Sports Fans.............."

Mmmmmmmm, looks like a done deal with Pro Mold wouldn't you think? I am holding long and strong.
 
Posted by bond006 on :
 
Stay strong people this a shake to get you out if you have the funds buy and hold there is now other reason on the eve of our reward that this shoud happen except for a mm shake long and strong
 
Posted by state780 on :
 
quote:
Originally posted by Homerunner:
Message from SI Bulletin Board written by BBD:

"...Extra, ...Extra, ...Read all about it............

PLNI took delivery of a new 500-Ton capacity injection molding machine at the ProMold site yesterday, and there are two more machines on the way. This will boost their production and sales capacity tremendously, and help meet their Georgia-Pacific warehouse-filling requirements.

The arrival of the new machine was actually seen by a PLNI stockholder, and this info has circulated via email; look for related PR soon. I verified these facts with the HQ this morning.

Collect 'em on the dips, Sports Fans.............."

Mmmmmmmm, looks like a done deal with Pro Mold wouldn't you think? I am holding long and strong.

News about machinery arriving will accomplish nothing, other than perhaps some amateur calculations about how much they cost to install and operate and speculation about how that is being financed.

Every single piece of news since at least MAY has been either hints or promises of audit completion and how great the potential of the company is or how well they were received at some conference (and we didn't even get that this time, which may be for the best because even "Mapple" & Howe have figured out that would have tripped the b.s. alarm).

We need hard numbers, an audit, a new contract signed, something that actually documents they are generating revenue. Absent that, the slow-motion collapse will continue.
 
Posted by Thorn on :
 
You missed your chance at .0102; up from here on out.

And stop with the rumors of a r/s unless you have info to back it up.
 
Posted by successinstock on :
 
they gave me some at .0103...

thanks...

8)
 
Posted by bond006 on :
 
well cold did you get filled?
 
Posted by Felecia Gomez on :
 
"You missed your chance at .0102; up from here on out." Thorn

Crystal ball must have malfunctioned huh? Must have been where the 2 stars came from
 
Posted by Chopper on :
 
Holy Cow, this is like buying Christmas presents in the 50% off clearance sale. I'm Loading up for the next pr.
 
Posted by cold_up_here on :
 
Well,well,well...look what we have here! Hurry up Cold, don't miss the boat! Bawhahahahahaha! I knew this was going to happen with PLNI. My GTC order still stands at .0095 and I have no intention of changing it.

After the "pounding" I took in recent years I've learned one thing, trust no one! The stock market is a very dirty, corrupt, game. Now, watch for a PR tomorrow to prevent the PPS from sliding further.

Where's FOT? Not even a 'peep' from him! Bawhahahahahahaha!
 
Posted by ed19363 on :
 
I'm not putting another penny into this until I see some hard numbers. Tired of promises.
It sounds as if the company may have bitten off more than it can chew, and that is not good. IMO, you finish one project before you start a new one.
 
Posted by state780 on :
 
quote:
Originally posted by ed19363:
I'm not putting another penny into this until I see some hard numbers. Tired of promises.

Nor should you.

As for cold, he's earned it.
 
Posted by johnny14511 on :
 
i lost 400 dollars in this stock
 
Posted by Chopper on :
 
Only lose if you sell johnny. Bad idea to sell at this time IMO.
 
Posted by buckstalker on :
 
Well...Turek has proven himself to me to be totally unreliable...but come on Cold, you KNEW this was going to happen...BS man....no one KNOWS what is going to happen in the market unless they are an insider...are you an insider cold?

quote:
Originally posted by cold_up_here:
Well,well,well...look what we have here! Hurry up Cold, don't miss the boat! Bawhahahahahaha! I knew this was going to happen with PLNI. My GTC order still stands at .0095 and I have no intention of changing it.

After the "pounding" I took in recent years I've learned one thing, trust no one! The stock market is a very dirty, corrupt, game. Now, watch for a PR tomorrow to prevent the PPS from sliding further.

Where's FOT? Not even a 'peep' from him! Bawhahahahahahaha!


 
Posted by Chopper on :
 
Hey Buck,
Good to see you Buddy. Isn't it bow season already? IMO we'll have a material event pr in the next 10 business days or so. Looks like time for another nice flip.
 
Posted by BenHouston on :
 
If they can keep all thier promises, and we get a PR it should go up up up!

i originally bought in 15,000 * .0142
today bought 35,000 * .0114

so lets hope Turek is fashionably late with a PR [Smile]
 
Posted by BuyPennywise on :
 
quote:
Originally posted by cold_up_here:
Well,well,well...look what we have here! Hurry up Cold, don't miss the boat! Bawhahahahahaha! I knew this was going to happen with PLNI. My GTC order still stands at .0095 and I have no intention of changing it.

After the "pounding" I took in recent years I've learned one thing, trust no one! The stock market is a very dirty, corrupt, game. Now, watch for a PR tomorrow to prevent the PPS from sliding further.

Where's FOT? Not even a 'peep' from him! Bawhahahahahahaha!

I haven't been following too closely lately, but I have to admit... I've missed cold's maniacal laugh.
 
Posted by buckstalker on :
 
Hey Chop,
Yes....bow season opened the 1st...took an 8 point opening day....ahhh tenderloins on the grill...doesn't get any better. How are you and yours? I'll be ready for the flip, and still holding freebies, but am losing faith in the management.
 
Posted by Thorn on :
 
quote:
Originally posted by Felecia Gomez:
"You missed your chance at .0102; up from here on out." Thorn

Crystal ball must have malfunctioned huh? Must have been where the 2 stars came from

Yeah, it sucks. I was hoping to have zero stars. After all, stars don't make you and me any $ now do they?

I wouldn't trust you if you had 10 stars, and no one else should either. Do your own DD lazy bum instead of relying on someone's stars. [Big Grin]
 
Posted by Chopper on :
 
Buck,
SWEET an 8 point already. Yum Yum tenderloins on the grill!!!!!!!!!
I think Jim Turek is just having to chase a lot of old paperwork to get the SEC filings properly completed. I've had a chance to flip this puppy a bunch of times so I'm not worried.
 
Posted by buckstalker on :
 
Thorn...I gave you 5 stars...just because I can't stand the pathetic little basher Feces....
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:

Every single piece of news since at least MAY has been either hints or promises of audit completion and how great the potential of the company is or how well they were received at some conference (and we didn't even get that this time, which may be for the best because even "Mapple" & Howe have figured out that would have tripped the b.s. alarm).

[/QB]

Agree with you State. I think they realize they've squeezed out as much as they could with the B.S. PRs. Now they'd probably cause it to sell off. Its not the quantity of PR, but the quality from here on in.

I own PLNI, but like to swing HISC which is another MAPPLE stock. My caution meter went up on HISC when MAPPLE put out a PR touting how some automated technical site gave them a 100% buy rating. They cooed about how great that was and touted the site as some great authority. I felt embarrassed for them, to be that desperate, and on a real and promising company. I also get uncomfortable when Turek is quoted using "are" instead of "our". Bad grammar may seem like nit picking, but its right up there with misspelling your name on your resume when it comes to building confidence in the source.

Fewer PRs... more substance... more professional... and no more WDCO(aka PLNI?).
 
Posted by DQ. on :
 
I took a very nice-heavy 10 point this weekend with my bow.......YOWZA!!!!!
 
Posted by downdraft on :
 
Some of my friends are going to be scooping up some PLNI this week. I mean by the truck load and me too...!!
 
Posted by dalton05 on :
 
News for 'PLNI' - (Plasticon Dramatically Increases Production Capacity With State-of-the-Art Toyo Molding Machine Molding Machine Allows Plasticon to Produce an Additional 1.2 to 1.5 Million Pieces per Month and to Meet Significant Increase in Demand)


LEXINGTON, KY, Oct 13, 2005 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (OTC: PLNI) is pleased to announce that the company has received a 500-Ton Toyo Molding Machine at its new manufacturing facility, which allows the company to meet significantly increased demand for its patented line of recycled plastic products.

"The Toyo Molding machine is one of the most innovative, reliable, state-of-the-art machines in the molding industry," said Jim Turek, President and CEO of Plasticon International. "It's the Cadillac of the industry. With the Toyo, we will now be able to accommodate the largest state-of-the-art, next-generation molds and to significantly increase our production capacity as demand continues to rise. Our new facility allows us to expand our production capacity for an additional $20 million in manufacturing and sales annually."

Mr. Turek also mentioned that the Green Baron will be conducting a webcast with himself and senior consultant Bill Howe at a date to be announced next week. The webcast will give current and prospective shareholders an update regarding recent exciting developments with the company.

For more information about the company and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.
About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.

Image Available: http://www.marketwire.com/mw/frame_mw?attachid=211417


Plasticon International, Inc.:

Jim Turek

President and CEO

3166 Custer Drive, Suite 101

Lexington, Kentucky 40517

web site: www.plasticonintl.com


Contact Investor Relations:

Matt Maguire

Ph: 866 843 2775

SOURCE: Plasticon International Inc.


CONTACT: http://www.plasticonintl.com


Copyright 2005 Market Wire, All rights reserved.

-0-


SUBJECT CODE: Chemicals:Plastics and fibers


Source: Comtex Wall Street News

Compliments of Scottrade.com
 
Posted by bmarley5780 on :
 
some pics

http://www.cpm-toyo.com/Toyo_Home_Page.html
 
Posted by maumee river rat on :
 
Without news soon, You all better be gettin ready to take a whole rash of chit from Cold...

This thing could very easily get closer to his numbs. than any of us would like...

Support at or around...
0092
0081
0065
 
Posted by JasonTT on :
 
maumee, News posted above ^^^
 
Posted by maumee river rat on :
 
Ya, that was kinda in the pipeline the other day, wasn't it??
 
Posted by JasonTT on :
 
Yes it was, can't say it is much of a surprise.
 
Posted by mbmaid on :
 
Gapping up, 102 x 108 so far.
 
Posted by mbmaid on :
 
0105 x 011

This may have been expected, but it is a NICE bit of news:

"The Toyo Molding machine is one of the most innovative, reliable, state-of-the-art machines in the molding industry," said Jim Turek, President and CEO of Plasticon International. "It's the Cadillac of the industry. With the Toyo, we will now be able to accommodate the largest state-of-the-art, next-generation molds and to significantly increase our production capacity as demand continues to rise. Our new facility allows us to expand our production capacity for an additional $20 million in manufacturing and sales annually."

Watch the stock react positively. I think we're in for a good day.
 
Posted by state780 on :
 
It's early, but with the initial spike I'd be very happy to be proven wrong when I said the price wouldn't rise on news like this. I think the photo helps,making it more real. And the teaser about more info to come is helpful--but it had better include some of the hard information we've been desperate for, or we're dead. IMHO.
 
Posted by dalton05 on :
 
If we have a great PR stating Numbers this stock would be off to the races.
 
Posted by maumee river rat on :
 
Bargain shoppers in my opinion.
Price won,t hold without some solid numbers soon.

In a couple days these bargain shoppers are gunna wish they had waited.(if we don't get SOLID news)

Maybe we could rip Turek's leg off and go beat ole' ICMH Dougy over the head with it, and then do it the other way around!!!

I am starting to believe these two idiots are best buddies!!
 
Posted by bond006 on :
 
Just hang on a few more days don't sell now only if you have to this is buying time.This is going to sub pennies soon and that will be the same as March of this year then the news will break.Lets face it Turek and Howe did a great job of fluff,fluff,and more fluff. now its is over until they give investors some meat and the pps will reflect now what there actions are not there mouth up pr,s. As far as figures go they could release unaudited figures lots of pinks do that they just don't want to for what ever there reason is and investor's look at this as they are hidding something. all i can say is this will be a bumpy road i think we will be rewarded in the end. And Turek and Howe have ruined there creditabilty with this group of investors. glta
 
Posted by bond006 on :
 
One of the problems is when you keep streching the truth as Turek and Howe did it really takes more time to recover than normal . I bet you we won't hear one blessed new thing on the g/b web cast they are going to do it will be the same old blue sky,sunshine,and bowl of cherries.we as share holders need a big boost in the pps and the co needs it to it would be easier to accomplish what they want to do by having a better pps and holding it.Maybe the best thing for them to do is come clean publicly and state there reasons. [Razz]
 
Posted by Chopper on :
 
Well if they are delivering machinary to Promold I would guess there may be a contract signing shortly. That would be one major audit and project finished! I am confident in Jim's ability to finish the other 2 projects in a timely manner. We may have a very nice Christmas present.
 
Posted by bond006 on :
 
Well like i said Chopper this is a good time to buy. I am just concerned the way they went about things and i stand by my reasons. When it all comes down to the basic bottom all you have is your word and what it stands for most people feel that way. anyway enough of this subject for me i like this co and i am long i will not say anymore on this subject it does me nogood or anybody else.glta you can have the last say if you want to i will say no more [Big Grin]
 
Posted by RahzM1ght on :
 
dam stock dropped big time. guess cold_up_here was correct. i lost a lot of money on this stock. thats how the game works. agaion lets wait and see about this DAM audit that is taking yrs to come out. What if the reason why he is not bringing the audit is because the company isn't doing as good as people expected. If you are doing so good why wait and wait it out to bring the audit out?
 
Posted by JasonTT on :
 
I don't think the audit is in Turek's hands. I believe he got excited an started talking about it way before he should have - and now that there have been some delays people are understandably getting anxious.
 
Posted by g-invest on :
 
Your Semi-Monthly PLNI Audit Notice:

4.5 months have now passed since the announcement that the audit would be complete in four weeks. This was the original reason for the run past .01

Link to the PR: http://tinyurl.com/9dqft

Today's closing PPS: .01
Last time I posted's closing PPS: .0112

I have never bought a share of PLNI stock, and I do not intend to unless they are audited and fully-reporting. I am not "bashing" this stock in order to get in at a lower PPS, because I don't intend to buy it till its audited.
 
Posted by downdraft on :
 
quote:
Well if they are delivering machinary to Promold I would guess there may be a contract signing shortly. That would be one major audit and project finished! I am confident in Jim's ability to finish the other 2 projects in a timely manner. We may have a very nice Christmas present.

I agree with Chopper, things are just around the corner now...! [Wink] [Wink]
 
Posted by RagsToRiches on :
 
damn, under a penny.
looks like cold's order will be filled soon.
 
Posted by maumee river rat on :
 
I learned along time ago not to discount anyone opinion in the markets...

I saw in the charts these price levels along time ago.. Even before Cold started up with the idea...

I also saw in the charts the 04 pps level about tthe same time....

Had all the P.R. come out, on time ,and as promissed..it would have taken the northern path..

guess what I'm sayen is ...Everyone was correct at the time, and as time went on, COLD looks to be the winner of the pissin contest....So eat crow, double up on your holdings, and get ready for the ride. Because its it's your turn to be the pissin champ!!!

Good look cold....

Cant help but to believe it was more luck than tech skill but hey, it feels good don't it!!!
 
Posted by tavil on :
 
quote:
Originally posted by RahzM1ght:
What if the reason why he is not bringing the audit is because the company isn't doing as good as people expected.

Let's suppose the numbers come out tomorrow morning.
How good do people expect this company to be?
Anybody with any estimates about sales, earnings P/E whatever for 2005 or 2006?
 
Posted by Thorn on :
 
Ya know, it's really wierd how this happens so often, where the stock will be down just a bit but someone comes in at the last second with a trade so that the stock will end up even for the day.

Today it happened with both PLNI and BTSI....
 
Posted by Chopper on :
 
As long as Jim shows in an audit they are in the green, no matter how small ! think most folks would be happy. Now after the acquisitions are finished I want some real action in the future quarters. Gooo PLNI
 
Posted by ed19363 on :
 
Yet another disappointing day.
 
Posted by StockHunter on :
 
On the positive side, WDCO seems to have a low limit to where they can sell of .0114. They haven't sold shares for 2 days now.

Now we see that Jim and Bill are going to do the Green Baron pump again next week. Maybe they need to get the price up and the WDCO sell program complete before they can go to fully reporting. Right now they don't have to tell us anything. Might as well go OTC BB without any ugly unfinished business hanging overhead.

When this stock runs and WDCO stops selling shares that might be the signal that the audit is about to be announced.
 
Posted by bond006 on :
 
Stockhunter i never thought that from that point of view. It most likely is right on.
 
Posted by cold_up_here on :
 
Went against my better judgement, pulled the plug today! God I hope I don't regret it!! Chopper...I need your help! To make back my 325,000 or so loss over the last 5 years, PLNI would need to be in the .12-.135 range. I don't see this happening. Tops, maybe .08 or so. So, I really need to 'Swing Trade' a few. Larry Oakley estimated a double or more in 6-12 months from a price of .015 He has a decent track record, so I do believe his numbers will be close.

Downdraft....your credibility on this board is 100% Thanks for doing alittle DD for us PLNI'ers! We owe you a few cases of beer! BTW....you guys still don't fly drunk, do you? Thanks again!

As for today's action....Bawhahahahaha, oh wait, I can't do that anymore! Darn it all! Go PLNI!!!
 
Posted by SchwarzBiest on :
 
LOL No wonder the pps went down instead of up, you bought instead of bashing, and now you even have the nerve to cheer it on! We're in big trouble now..
 
Posted by Chopper on :
 
Well Holy Saints Above!!! We have another PLNI Convert/Believer. Jeeez Cold, who the heck are we going to get to bash our stock so it goes up???? That Fleas Gomez just can't hold a humorous candle to ya boy.
Well I can say you got in at a good price, but it may go lower. [Frown] I have to admit you were right about the price range. That being said, I believe the Promold deal is about to go through with the delivery of the Toyo injection mold machine. This will be a great milestone as they had a 3 year SEC Compliant audit done on them with the same SEC Approved auditing firm that did Semco and Plasticon I believe. So I would hope that Plasticon and Semco are not far behind.
Now as far as helping you make back the $325K you lost over five years, that sure is a big hat your shoving on my head and my fee is 10% if all goes well! LOL [Wink] Good Luck there Stock holder! [Big Grin]
 
Posted by buckstalker on :
 
LMAOROTFF....Cold, you son of a pup...are you really one of us now...uh oh...maybe it's time to sell!!! Chop...you have definately got your work cut out for you...
 
Posted by youngface on :
 
Crap! there goes all the fun....Bawhahahahaha!
Now I have to go to the bank and get some more before this takes off...
 
Posted by RagsToRiches on :
 
damn, lost 300k over the last 5 years? Now i know why you were always in a pissing mood. GOod luck at recovering your loss.
 
Posted by cold_up_here on :
 
Chop...I'd be happy with making back 1/2 at this point. I really hope the company won't pull a fast one on us and do a R/S! I took a look at IGTN today, Wow! The company's board is proposing a 40-1 R/S? If I remember correctly, the ceo said he wouldn't do a R/S? I hope Turek and company will stand by their word and not do a R/S. Plus, with Big Apple involved, a R/S is probably out of the question.

BTW, If the board here would like, I can still bash ! Bawhahahahahahahahahaha!!!!
 
Posted by RagsToRiches on :
 
i think it would help if you bash every 30 minutes during trading hours.
 
Posted by cold_up_here on :
 
Rags, most of the losses were from the Mutal Fund scandal a few years back. They got me. Funny part is, I had absolutely no control over it. Under counsel I was advised to open a SEC file. By time the lawyers are done, I'll probably get zip. My tax guy tried to cheer me up,"The Capital-loss you have can be used to off-set Capital-Gains in the future and can be carried over indefinitely." Ya right! At what a whopping $3000.00 a year max! Bawhahahahaha to that. The only way I can put a dent into this is with more risk. Sitting in Mutual funds, I will be dead before I recover! Good luck all, have to run for now.
 
Posted by Bearclaw on :
 
Cold...
Most of us understand the feeling of getting banged in mutual funds...401K's and the like..Not a great time for anyone who had money withdrawn from a paycheck every week over the years hoping for a little security down the road...
I'm glad your in and have had a lot of fun listening and watching...especially the last month or so...Welcome in the mix...Good to have you on board...Oh Chopper...could be fun...your choice...

quote:
Originally posted by cold_up_here:
Rags, most of the losses were from the Mutal Fund scandal a few years back. They got me. Funny part is, I had absolutely no control over it. Under counsel I was advised to open a SEC file. By time the lawyers are done, I'll probably get zip. My tax guy tried to cheer me up,"The Capital-loss you have can be used to off-set Capital-Gains in the future and can be carried over indefinitely." Ya right! At what a whopping $3000.00 a year max! Bawhahahahaha to that. The only way I can put a dent into this is with more risk. Sitting in Mutual funds, I will be dead before I recover! Good luck all, have to run for now.


 
Posted by bond006 on :
 
Cold welcome i thought that i would never say that but plni made your price i admitt i never really locked horns with you not my style.But sure glad you are with us now your a good man to have on our side. I have to admitt I feel a little lite headed kind of like when you see you have a hundred bagger.
 
Posted by George on :
 
I am getting back in as soon as my funds settle.
 
Posted by BuyTex on :
 
mwuahaaaaa....

what a bounce lining up!

can it dip? sure

will it bounce?

IMPO (in my personal opinion), it will bounce like a superball...

as jack benny said: Timing *is* everything...
 
Posted by bond006 on :
 
This was a post today from R?B

OT: called PLNI today about 4ish. Talked with Jimmy to ask where exactly our new little machine is going to be housed.

He said that he would let his dad return my call when he came back from St. Louis ????

Isn't Semco in St. Louis?

I thought that was interesting.

have a nice nite all...the plot is thickening
 
Posted by Pagan on :
 
ProMold is in St Louis
 
Posted by RagsToRiches on :
 
semco is in nevada...

probably he was returning from attending the St.Louis Cardinals vs. Houston Astros game.
LOL
 
Posted by Dagger Depot on :
 
quote:
Originally posted by cold_up_here:
Went against my better judgement, pulled the plug today! God I hope I don't regret it!! Chopper...I need your help! To make back my 325,000 or so loss over the last 5 years, PLNI would need to be in the .12-.135 range. I don't see this happening. Tops, maybe .08 or so. So, I really need to 'Swing Trade' a few. Larry Oakley estimated a double or more in 6-12 months from a price of .015 He has a decent track record, so I do believe his numbers will be close.


Downdraft....your credibility on this board is 100% Thanks for doing alittle DD for us PLNI'ers! We owe you a few cases of beer! BTW....you guys still don't fly drunk, do you? Thanks again!

As for today's action....Bawhahahahaha, oh wait, I can't do that anymore! Darn it all! Go PLNI!!!

Well, there's the go signal PLNI has been waiting for. Now that Cold is in the game, look for an OUTSTANDING PR on Monday morning.

I'm going to load up on Friday.
 
Posted by bond006 on :
 
Rags right you are Semco is in NV. Correct me if i am wrong but is't Pro Mold in St. Louis
 
Posted by bond006 on :
 
Now that Cold took the plunge we are going to run next week hang on.
 
Posted by Chopper on :
 
Semco is in Nevada. Mr.& Mrs. Turek are in St. Louis for a nice weekend together and to see the new Toyo machine delivered to Promold. Aww and what the heck, You think he might ink the contract sealing the Acquisition while he's there???? It would be a wasted trip if he didn't. Finally some Real News may hit next week.
 
Posted by JasonTT on :
 
L2's look good. We have a lot of support in the high 9's and not too much holding us back when we get some buys.
 
Posted by mbmaid on :
 
PLNI bouncing. Buyers are chasing it up...
 
Posted by successinstock on :
 
thanks for the clarification Chopper....had my acquisitions backward (re: Promold and Semco)...

Anyway, it is good news. Must be a reason they are holding off on the news about Promold. Maybe they have a series of releases in the works and will tip us on the GB interview.

Looks like they are trying to run this a little like yesterday.

GLTA
 
Posted by BenHouston on :
 
up 10% [Smile] or was... 4 million volume in like an hour pretty intense
 
Posted by StockHunter on :
 
They're Baaaaccckkk!

WDCO stepping down on the offer. #%*$!!
 
Posted by Thorn on :
 
It would be ironic if this fell to .009 now that Cold_up_here is in.
 
Posted by shortnite on :
 
ok
 
Posted by cold_up_here on :
 
Sure hope I didn't bring the black plague to PLNI by buying back in. Bad luck seems to follow me.
 
Posted by Chopper on :
 
Quit that talk Cold! This is just the shake before the run. Charts are primed again.
 
Posted by DQ. on :
 
quote:
Originally posted by cold_up_here:
Sure hope I didn't bring the black plague to PLNI by buying back in. Bad luck seems to follow me.

My money says it's good luck. Gotta run but gotta say it's sure nice to have ol' Cold on the team now. I think it's money in the bank now folks!!!!!!
 
Posted by clbgroove on :
 
Just a quick update for all:

Spoke with Mapple WED and inquired about the O/S and he is saying the same 1.8 B(so thats positive anyway)

Asked what is the biggest concern among all the investors he speaks with and low and behold its the Audit(imagine that).....I asked him to clarify whats being done and he told me that '03'& '04's will be audited, and the '05's through the 3rd quarter will be unaudited but still meet SEC reg's for filing and in quote" I expect that any day now" (at least were past very soon!!)

Next week should be a good one, per past results they always drop it real hard before a POSITIVE (non fluff) PR that runs us pretty hard so thats what I'm expecting. Per Choppers post above I hope he took his pen with him cause I would have sent him one to take if he didnt have one!!!

have a good week end all and GL next week
 
Posted by George on :
 
My AON order did not go through so I will have to try and hit it first thing Monday.
 
Posted by bond006 on :
 
Get ready to run next week i can't say if kick off will be monday but next week for sure imho if it does not run i will personaly buy Jim Turek a years supply of cheese burgers glta
 
Posted by cold_up_here on :
 
clbgroove, Thanks for the DD. That is probably the main hold up in regards to the audit. Having to do all those back-dated audits first.If the numbers are all out by the end of October and with Mapple pushing some, PLNI could have a OTCBB listing by Christmas.

Chop, so we dump the shares at around .012 and buy back around .0055? I think I'm learning here!
 
Posted by Chopper on :
 
Nooooooo! No dumping untill this thing tops out now Cold. We get a hard PR and you'll be chasing this thing up all day. We get Audits behind a hard PR and you'll never catch it and the stock may run for 3 days.
 
Posted by Chopper on :
 
The NASDAQ Risk Metrics are getting Lower and Lower Folks. Beginning of the week they were at 513 now the're 505. http://www.nasdaq.com/services/riskMetrics.stm?&tickers=PLNI

Sure looks like we are at another bottom for a run. http://stockcharts.com/def/servlet/SC.web?c=plni,uu[h,a]daclyyay[pb50!b100][vc60][iUo14!La12,26,9]&pref=G

[ October 14, 2005, 17:41: Message edited by: Chopper ]
 
Posted by GVMOORE on :
 
Adding shares Mon. Sure looks good. GLTA
 
Posted by downdraft on :
 
Rags,

quote:
semco is in nevada...

probably he was returning from attending the St.Louis Cardinals vs. Houston Astros game.
LOL

That was good intel, Jim did go to the Cardinals game in St Louis.

I think Chopper may be right....... [Wink] [Wink]
 
Posted by Dagger Depot on :
 
*Crosses fingers*

Lets hope for news today!
 
Posted by downdraft on :
 
If not, it may be a good time to buy..! [Wink]
 
Posted by Dagger Depot on :
 
Looks like no news today. Maybe next month...
 
Posted by StockHunter on :
 
Downdraft,

When you met w/Turek did he address the 400 million shares they issues recently? I know you said he personally did not sell shares, but the big question is how many shares are they distributing into the market.

Its frustrating to see a flood of all buy orders this morning and the stock goes nowhere as WDCO still is selling tons of stock, presumably from or through PLNI. Plus Jim and Bill plan another road show to Green Baron this week. That probably means no good news [i.e. audit] this week. They need to keep buyers in there to sell more shares, IMO.

I don't imagine Turek could confirm or deny they are selling shares, but if you asked, I'd like to know how he avoided the question.

Thanks.
 
Posted by Dagger Depot on :
 
quote:
Originally posted by StockHunter:

I don't imagine Turek could confirm or deny they are selling shares, but if you asked, I'd like to know how he avoided the question.

If they are selling shares into the public market, why could they not discuss it?
 
Posted by bond006 on :
 
Hang on here come the sub pennies i gotta stay now might as well get ready to buy
 
Posted by StockHunter on :
 
quote:
Originally posted by Dagger Depot:

If they are selling shares into the public market, why could they not discuss it? [/QB]

It would defeat the purpose. People would stop buying and many would dump. There are still those who believe thier spin that they are trying to reduce shares or even buying back shares. After they issued the stock, they actually issued a PR stating they "retired" 200 million shares. Many on this board trumpeted that news as a sign they are in a share reduction program. All they did was quietly issue 600 million, followed by a vote to retire 200 million. Technically the retirement is correct, but it is wholly misleading.

I'm in this stock because of the products and potential, but I would never have kept so many shares for so long had I known how they were going about raising funds. Mr. Turek came out of marketing and he knows well that if you tell people what they want to hear, they will follow you down primrose path.
 
Posted by bond006 on :
 
Sure looks that way StockHunter i held on to long bad misstake to make in the pennies
 
Posted by StockHunter on :
 
Buys to sells ratio 10-to-1.

Buy volume to sell volume ratio nearly 6-to-1.

Stock price: down 2%.

Damn frustrating!

If they have to sell all the shares they issued, there could still be 250 million more to go, by my estimation. All IMHO.
 
Posted by bond006 on :
 
I really think Turek got himself in a mess and one side of his triangle is going to bleed.He needs money,he needs a good pps to finish his deals,and he needs an audit at this time to get his pps up.
 
Posted by bond006 on :
 
And imho if they hit the g/b with more fluff and no meat to tell anybody it will make things worse
 
Posted by StockHunter on :
 
I still think there could be money, maybe significant money, to be made here. The risk is much higher than I originally thought, though. If they are misleading us on shares/audit/numerous other dates, then can we trust them on the product and business side?

What I need to see is the addition of a seasoned management profession to the team. Other than that the stock will run when they are done selling shares. The audit/OTCBB and full reporting won't likely occur before then. Every trip to a road show means the audit news is not coming soon, IMO.

Thought I was taking the prom queen out for a fun night on the town but woke up married with a brood of very hungry children.
 
Posted by StockHunter on :
 
quote:
Originally posted by bond006:
I really think Turek got himself in a mess and one side of his triangle is going to bleed.He needs money,he needs a good pps to finish his deals,and he needs an audit at this time to get his pps up.

I agree with you Bond. Its kind of a catch-22. Needs the stock up to get this thing to the next level.

Talk about leverage. If pps goes up, the value grows exponentially [more money for less dilution and quicker resolution of outstanding deals]. But if pps goes down, they get hit from all sides.

Higher reward is rarely there without higher risk. All said, I'm still holding. I'd rather buy on strength now than add on weakness.
 
Posted by bond006 on :
 
Of course there could be money here thats why i am still in and i hope we are both right but Turek has to be a little more transparent with his stock holders he knows where he is on the numbers.If not a release of unaudited numbers just some sales figures. It would not have ment that much had he not made an issue of it so many times and kept giving dead lines.Now Matt states that it is the number one Question he hears every day in regards to plni and that was posted here on this board. The share holders need meat of some form or they will sell off it is not being negative it is just the way things are us longs need help now from Turek,Matt,or Howe. glta
 
Posted by Thorn on :
 
Um, guys, how much of this is rumor and what are the facts? Just because WDCO is selling, how can you jump to the conclusion that PLNI is the source of the shares? Let's stick to the known facts here or else the rumors will do worse things than the MM's.
 
Posted by buckstalker on :
 
It appears to me, that they are going to get hit from all sides!!!
Turek has been dumping shares on the market for a loooong time now, deceiving shareholders about it, and it has finally caught up with him....Turek and Howe have lost all credibility with me...and many other investors, and fluff PR's, unaudited financials, or sales figures aren't going to fix that....
 
Posted by state780 on :
 
quote:
Originally posted by buckstalker:
It appears to me, that they are going to get hit from all sides!!!
Turek has been dumping shares on the market for a loooong time now, deceiving shareholders about it, and it has finally caught up with him....Turek and Howe have lost all credibility with me...and many other investors, and fluff PR's, unaudited financials, or sales figures aren't going to fix that....

I don't think Turek is dumping anything. I think he is somewhat inept at closing the deal.
 
Posted by StockHunter on :
 
quote:
Originally posted by bond006:
If not a release of unaudited numbers just some sales figures.

Absolutely. That's something they can and should do. If sales are ramping investors will be willing to give them the benefit of the doubt on other matters.

Interesting aside: I was hiking along the coast a couple weeks ago sifting through the interesting driftwood and trash that often washes up on shore. A piece of plastic caught my eye because it looked like something from Plasticons website. Turns out it was an Aztec E-Z Chair[a plasticon competitor]. There are a number of bridges undergoing retrofit work near here and a new bridge was completed upstream a ways, so I guess it fell from there. Plasticon will eventually get the west coast Blulinx warehouses stocked and could compete for this business.
 
Posted by buckstalker on :
 
State...are you saying that you don't beleive the company has been dumping shares...come on man, this has been going on for months now. If not Turek and Plasticon...then who's dumping??

quote:
Originally posted by state780:
quote:
Originally posted by buckstalker:
It appears to me, that they are going to get hit from all sides!!!
Turek has been dumping shares on the market for a loooong time now, deceiving shareholders about it, and it has finally caught up with him....Turek and Howe have lost all credibility with me...and many other investors, and fluff PR's, unaudited financials, or sales figures aren't going to fix that....

I don't think Turek is dumping anything. I think he is somewhat inept at closing the deal.

 
Posted by StockHunter on :
 
quote:
Originally posted by Thorn:
Um, guys, how much of this is rumor and what are the facts? Just because WDCO is selling, how can you jump to the conclusion that PLNI is the source of the shares? Let's stick to the known facts here or else the rumors will do worse things than the MM's.

Since we have few confirmed facts regarding this company, we can only look at actions and try to reason the possibilities. We know WDCO has sold over 100 million shares and is still selling. We know they started selling after the number of issued shares increased from 1.4 billion to 1.8 billion. Given the float and price action, we can assume no single entity purchased hundreds of millions of shares in the open market to sell here. That leaves insiders sales [of which there are only a handful], the company, or some person or entity that received shares since the last reporting.

According to downdraft, Turek said he himself was not selling. If these are sales from some entity other than the company or insiders, they certainly are benefiting the company since they likely were issued by the company. There could be any number of complex transactions that could account for where these shares are coming from, but ultimately they come from the company for their benefit.

There is one other possibility, that of naked MM shorting. The only reason a MM would attempt this manipulation is if they know something we don't. These games are played with hopeless companies that can not defend themselves. If half of what this company has presented is true, no MM would pick this stock to drive into the ground -- they'd be playing w/fire.

I've been in this business over 25 years and learned that every time I think I've covered all the bases they throw in a new twist. I may end up saying, "wow, I didn't think of that" when all this comes out, but for now I'll go with what makes sense.
 
Posted by Dagger Depot on :
 
There has to be a way to find out where WDCO is selling these shares from. I'm not real familiar with MM rules, but I think they should have to list where these shares are coming from somewhere. Any suggestions on where to look? Can you just call and ask them?
 
Posted by Chopper on :
 
Stock,
All possible's that you have mentioned. The stock could be naked shorted as I have seen it on the Berlin exchange and we all know that spells trouble. This has nothing to do with a week company, those guys just sell fictitious shares to make a buck. As far as WDCO and MDAS, they appear to have been be conducting a lot of mirror trading for several weeks.
There is a 500 million float so it is not a far stretch that they may have bought prior to the past runups and just sat on the shares waiting for news like us. The stock is currently oversold and any news could indeed shoot the PPS up drastically. This is just a hard call.
The Toyo machine that was PR'd as being delivered to Pro Mold last Monday also stated that the company had been acquired by Plasticon. ???? Has the deal already been done? To many questions and not enough answers. GLTA
 
Posted by StockHunter on :
 
quote:
Originally posted by Dagger Depot:
There has to be a way to find out where WDCO is selling these shares from. I'm not real familiar with MM rules, but I think they should have to list where these shares are coming from somewhere. Any suggestions on where to look? Can you just call and ask them?

You can call, but you're only hope is to guess by what they don't tell you and how they don't tell you. If you had a chunk of shares to sell would you want the MM handling your order to tell anyone who calls him up to give out your name or the amount you're selling?

The only information you get in this and similar situations is what they want to tell you because it works for thier best interest, or what is required by law. If they tell you something that works for thier best interest, its usually not in your best interest, IMO.
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
The Toyo machine that was PR'd as being delivered to Pro Mold last Monday also stated that the company had been acquired by Plasticon. ???? Has the deal already been done? To many questions and not enough answers. GLTA

It takes time to order and deliver a big machine like that. They have not officially closed the deal yet [according to a poster who called the company a couple weeks ago], so I question whether this machine was ordered recently by Plasticon, or was done for existing business reasons by ProMold.

ProMold has an existing business with existing contracts and existing customers that cannot be simply dropped to move production to rebar supports. It makes sense that Plasticon would order the machine, but I can't imagine they could do this without closing the deal first. My guess, and its only a guess, is that this machine order was already in the works at ProMold and Plasticon saw it as a good opportunity for a PR.
 
Posted by state780 on :
 
[QUOTE]Originally posted by buckstalker:
State...are you saying that you don't beleive the company has been dumping shares...come on man, this has been going on for months now. If not Turek and Plasticon...then who's dumping??

I said I don't believe Turek is dumping anything. I don't. Stockhunter's posts on WDCO etc. are very informative and distinguish very well between fact and informed speculation. As for whether anyone else in PLNI is dumping, I have no opinion.
 
Posted by clbgroove on :
 
Stockhunter, the machine has been ordered for months now. Howe told me that back in June, he did say that they had one on the way and one more to follow shortly thereafter and 2 more to follow for a taotal of 4.
That was in the same conversation that he stated they wanted to do thier own manufacturing because of the problems the sub contracted labor was giving them.

This tells me that they know where they need to be and have gone through with many things that were told to me other than the audit(which tells me thats out of thier hands).
 
Posted by StockHunter on :
 
clbgroove,

Thanks for the clarification. It makes sense they had to order well in advance. The PR gave the impression it went to ProMold ["our new manufacturing facility"]. Guess they could order first, then direct where it went later. I do believe we will see a PR about the ProMold closing soon. Sounds like its close to a done deal.

Semco, on the other hand, still has me concerned.
 
Posted by Thorn on :
 
StockHunter, with all due respect, posting things like that just creates rumors. It's fine to base your own decision on that kind of speculation, but even better to not post it and ask someone in the right position, posting the reply you get to your questions. Assumptions get us no where, and more than not just tend to put a negative slant on things.
 
Posted by Bearclaw on :
 
Stockhunter...
I appreciate your well thought out scenerio...Your assuming that because WDCO is sitting on the ask that the trades are all his...It could be that the major players, AGIS, NITE and SCHB, are running their transactions through him and sitting a couple clicks away...This could simply be nothing else but Naked Shorting...same thing that's happening all over Pennyland...
 
Posted by Dagger Depot on :
 
I'll take a black day over a red day anytime. 0% is better than the -2 to -10% we've been seeing.
 
Posted by bond006 on :
 
Not to much longer to go now traded in a very close range to day hope we close at, at least .01
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stockhunter...
I appreciate your well thought out scenerio...Your assuming that because WDCO is sitting on the ask that the trades are all his...It could be that the major players, AGIS, NITE and SCHB, are running their transactions through him and sitting a couple clicks away...This could simply be nothing else but Naked Shorting...same thing that's happening all over Pennyland...

It would be much more concerning to me if these really were naked shorts and not simply a growing company raising cash and making deals. Clearly there needs to be better regulation and oversight regarding the pinks and market maker activity. In my opinion there is no legitimate reason for an equity market maker [not dealing with convertibles or options] to have to naked short a stock. Its a travesty actually, but I'll save my diatribe on that subject for another board.

That being said, these guys [NITE, SCHB, etc...] are not idiots. They do their homework and make decisions based on a logical risk/reward analysis. If these guys feel safe being naked short large quantities of this stock after doing their DD, then I would truly be worried. My analysis of the short risk situation is that this stock could jump dramatically and unexpectedly on a variety of legitimate scenarios. If they see it differently, I could be missing something.

Put yourself in NITEs shoes. With the whole world of pinks out there to chose from, would you play the naked shorting game with a stock that has a heavy positive inflow of buy orders from investors and a strong value proposition? The number of shareholders has ballooned this year. The ratio of orders trading on the offer-to-bid and the volume of stock buys-to-sells is heavily positive. If no one was standing in the way with new shares [e.g. WDCO] then the best way to make a killing is to get long at every possibilty and fade on the offer. It just doesn't make sense to me to try pizzin in the wind here.
 
Posted by bond006 on :
 
I don't blame any investor to think something might not be on the up and up and i am glad that they post it so i can way all before i make a decision. Remember plni has really worked hard at casting doubt on there credibility that they have now. I myself like the stock and think there is a lot here but i certainly do a double take on all that is said and look for any possible angle. That is something i never used to do with this stock before. Fool me once shame on you fool me twice shame on me.
 
Posted by Bearclaw on :
 
Stock...
I am convinced that there is not dilution by PLNI...Their credit line is sound ...why would they need cash?

I like how you thought the naked shorting issue through...well thought out as are most all of your posts...

So...if not naked shorting and for discussion sake not dilution...what other resons are there that would explain this activity.??..There have been a significant number of mirror trades the past three weeks...It is obvious to everyone following the L2's that WDCO sitting on the ask is holding this down.

The last time the RSI sat flat at this level for an extended period of two weeks or more was back in 2004. It ran when the RSI broke...What other option are we looking at.??? Who is accumulating these shares.??...and...how do the mirror trades play into this activity???

I hope you don't mind me throwing these out for discussion...

[ October 17, 2005, 16:26: Message edited by: Bearclaw ]
 
Posted by StockHunter on :
 
Bear,

I really appreciate your questions and reasoning. The best way to figure this out is to reason it out with as many good minds as possible.

As you know, I place the highest probability on the WDCO shares having originated from the 400 million increase in O/S between last 2 reports that were never addressed by management. But for the sake of discussion, lets look at other possibilities.

Now, I can see the last 20 trades on Ameritrade, but can not save the entire day's T&S report. My analysis is from eyeballing the activity. If you know where I can get a detailed T&S so I can put it in excel, that would be helpful.

You mentioned mirror trades. Could you elaborate on how you define mirror trades and give examples before I comment? It means different things to different people. Are the buyers and sellers different? Do prices have to differ or be the same? What time frame? Must quantities match? Sorry to be so technical, but I want to make sure we're on the same page first.

The technicals gave several strong buy signals in recent weeks, by my analysis, only to see dead cat bounces. I believe we're seeing significant accumulation from retail. The road shows, GB, BACs chumming, have resulted in a big increase in the number of shareholders. The demand side is solid, IMO. Many more trades on the offer than the bid. Not sure about the mirror trades, but they should be a wash in regards to net position [if not net price].

The question for me is who is selling and why. But I'd be very interested to know how you think mirror trades play into the picture. Can someone with a large short position be using these trades to get the price down without adding to their position? How would the mechanics work? What are the legalities involved?

Sorry to add more questions than answers, but look forward to your thoughts.

I'm out of here for a while.
 
Posted by StockHunter on :
 
Someone on the HISC board claimed to notice a pattern where certain small share trades, in this case 300 share blocks [worth all of $21] gave a signal to other MMs to walk it down. Normally I discount this stuff, but it happened after someone posted it and then the stock did walk down. Interesting.

The mirror trades have more power to move the stock. "I take out your bid, you then take out my bid, etc... then we'll even out the price later with another trade..." but that leaves a paper trail. I need to read up more on the regulations and enforcement.

To paraphrase Nietzsche: If a regulation falls in the forest and the feds never enforce it, does it make a deterence? [okay, a little tortured but I'm tired...]
 
Posted by RahzM1ght on :
 
whats up with this stock, why is it heading south. i remember the days when it would be .015-.017 cents but now, its .009 [Frown]
 
Posted by Bearclaw on :
 
Stock...
The mirror trades I see are within a short period of time...a matter of seconds to minutes...Today, for example, there would be a 500,000 share trade at .0098 and shortly after a 500,000 share trade at .0099. I sometimes see a 500,000 trade followed by a 200,000 and a 300,000. I think that the mirror can be in multiple transactions adding up to the same share total as it's mirror. It's just how it comes across the L2's.

The PPS is different most of the time but I do see them with the same PPS. I did not keep today's activity but have noticed over the past 3 weeks, since WDCO came in the picture, a increase in the number. I mentioned it last week to Chopper. I just did not keep a count. Is this your understanding of a mirror trade?

I know you put the WDCO activity in the realm of the 400 million O/S that has not been accounted for by management. I have not been able to settle this in my mind. I do however feel that WDCO's appearance involves share movement. It's the why I'm struggling with. I think the question of who is accumulating the shares is important as you do. I agree with the retail accumulation and the demand appearing solid.

Now if there is a large short position to bring the price down are they flipping shares within the short position to keep a large accumulation of shares waiting for the expected series of announcements? Good question Stock? That is where I'm looking too. If that is the case do the 400 million O/S really come into play in that scenerio?

Turek has stated his concern with this issue in the recent past. I thought part of Apples coming on board was to look at the naked shorting issue as well as tighten the float and market to new investors. I would think that Apple dealt with the same issues with HISC before the float was tightened, then the news came out and it ran like hell...

The same chart activity happened in September 2004 with PLNI as it is now.. I'm wondering if the naked shorting was prevelant then...of course it went unchecked....If history repeats itself, in terms of the charting, especially the flat RSI under 30%, then we are due for a significant run in the very near future...
I guess I'm throwing questions back at you too...Sorry...
 
Posted by ed19363 on :
 
If there are 400 million shares unaccounted for, who is to say the company didnt dump another billion on the market without telling shareholders? Since we are suffering from a lack of audited financial news, is this a possibility?
 
Posted by successinstock on :
 
info from downdraft on another board...

I do have some info for you guys, Pro Mold is getting close to completion, but not for a few weeks. The 500 Ton Toyo is hooked and and running (in 4 days), not 35 like I heard. There are some Plasitcon orders (small) that are in place. Things are optimistic, but that is all I can say. I never made in to St. Louis, but this is very good intel.
 
Posted by buckstalker on :
 
StockHunter...here are Mondays T&S....but at this point, I believe that WDCO is dumping for the company...nothing else makes sense. As far as who is absorbing them, well that is another story.

15:54:45 35000 0.0099 - OTCEQ_NBB
15:53:27 15500 0.01 + OTCEQ_NBB
15:51:54 135000 0.01 + OTCEQ_NBB
15:49:06 36500 0.01 + OTCEQ_NBB
15:43:39 25000 0.0099 - OTCEQ_NBB
15:38:51 100000 0.0099 - OTCEQ_NBB
15:33:21 35000 0.0099 - OTCEQ_NBB
15:21:39 150000 0.01 + OTCEQ_NBB
15:15:39 198000 0.01 + OTCEQ_NBB
15:04:15 250000 0.0099 + OTCEQ_NBB
15:04:12 749999 0.0099 + OTCEQ_NBB
15:04:12 250000 0.0098 - OTCEQ_NBB
15:04:12 1300000 0.0098 - OTCEQ_NBB
14:51:36 210000 0.0098 - OTCEQ_NBB
14:51:33 350000 0.0099 + OTCEQ_NBB
14:51:27 170000 0.0099 + OTCEQ_NBB
14:51:09 10000 0.0098 - OTCEQ_NBB
14:49:51 136100 0.0098 - OTCEQ_NBB
14:49:48 25000 0.0098 - OTCEQ_NBB
14:49:48 30000 0.0098 - OTCEQ_NBB
14:40:30 5000 0.0099 - OTCEQ_NBB
14:39:57 20000 0.0099 - OTCEQ_NBB
14:37:54 157500 0.0099 - OTCEQ_NBB
14:35:51 300000 0.01 + OTCEQ_NBB
14:35:45 281050 0.01 + OTCEQ_NBB
14:35:24 36000 0.01 + OTCEQ_NBB
13:49:09 100000 0.01 + OTCEQ_NBB
13:48:09 200000 0.01 + OTCEQ_NBB
13:46:09 50000 0.01 + OTCEQ_NBB
13:45:48 50000 0.01 + OTCEQ_NBB
13:36:03 700000 0.01 + OTCEQ_NBB
13:24:42 100000 0.0099 - OTCEQ_NBB
13:09:45 25000 0.01 + OTCEQ_NBB
12:59:42 200000 0.01 + OTCEQ_NBB
12:50:45 10000 0.01 + OTCEQ_NBB
12:47:30 148400 0.01 + OTCEQ_NBB
12:45:39 40000 0.01 + OTCEQ_NBB
12:45:06 20000 0.0099 - OTCEQ_NBB
12:40:12 2500 0.0099 - OTCEQ_NBB
12:32:09 50000 0.01 OTCEQ_NBB
12:32:09 50000 0.01 + OTCEQ_NBB
12:26:51 200000 0.01 + OTCEQ_NBB
12:26:36 15000 0.01 + OTCEQ_NBB
12:26:09 215000 0.01 + OTCEQ_NBB
12:25:42 50000 0.0099 - OTCEQ_NBB
12:24:51 85000 0.01 + OTCEQ_NBB
11:55:36 50000 0.0098 + OTCEQ_NBB
11:55:36 50000 0.0097 - OTCEQ_NBB
11:33:15 100000 0.0097 - OTCEQ_NBB
11:28:18 200000 0.0097 - OTCEQ_NBB
11:23:36 300000 0.0097 - OTCEQ_NBB
11:11:18 59300 0.0097 - OTCEQ_NBB
11:04:21 60000 0.0097 - OTCEQ_NBB
10:55:24 32000 0.0097 - OTCEQ_NBB
10:45:00 100000 0.0098 + OTCEQ_NBB
10:44:57 100000 0.0097 - OTCEQ_NBB
10:30:45 250000 0.01 + OTCEQ_NBB
10:27:21 250000 0.01 + OTCEQ_NBB
10:19:57 50000 0.01 + OTCEQ_NBB
10:17:18 20000 0.01 + OTCEQ_NBB
10:17:09 20000 0.01 + OTCEQ_NBB
10:00:48 400000 0.01 + OTCEQ_NBB
09:57:45 100000 0.01 + OTCEQ_NBB
09:57:42 100000 0.0097 - OTCEQ_NBB
09:57:03 88000 0.0097 - OTCEQ_NBB
09:56:00 5000 0.01 + OTCEQ_NBB
09:49:33 59600 0.01 + OTCEQ_NBB
09:44:42 250000 0.01 + OTCEQ_NBB
09:43:42 50000 0.01 + OTCEQ_NBB
09:37:03 10000 0.01 + OTCEQ_NBB
09:37:03 19800 0.01 + OTCEQ_NBB
09:37:03 40000 0.01 + OTCEQ_NBB
09:37:03 45000 0.01 + OTCEQ_NBB
09:37:03 100000 0.01 + OTCEQ_NBB
09:37:03 42000 0.01 + OTCEQ_NBB
09:30:48 100000 0.01 + OTCEQ_NBB
09:30:48 20000 0.01 + OTCEQ_NBB
09:30:48 4100 0.01 + OTCEQ_NBB
09:30:45 100000 0.01 + OTCEQ_NBB
09:30:45 33000 0.01 OTCEQ_NBB
09:30:45 33000 0.01 + OTCEQ_NBB
09:30:45 10000 0.01 + OTCEQ_NBB
09:30:42 50000 0.01 + OTCEQ_NBB
09:30:42 11000 0.01 + OTCEQ_NBB
09:30:42 47000 0.01 + OTCEQ_NBB
09:30:42 2000 0.01 + OTCEQ_NBB
09:30:39 110000 0.0097 - OTCEQ_NBB
09:30:30 2000 0.0097 - OTCEQ_NBB
09:30:30 2000 0.01 + OTCEQ_NBB
09:30:03 2280 0.01 + OTCEQ_NBB
09:28:33 150000 0.01 OTCEQ_NBB
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stock...
The mirror trades I see are within a short period of time...a matter of seconds to minutes...Today, for example, there would be a 500,000 share trade at .0098 and shortly after a 500,000 share trade at .0099. I sometimes see a 500,000 trade followed by a 200,000 and a 300,000. I think that the mirror can be in multiple transactions adding up to the same share total as it's mirror. It's just how it comes across the L2's.


Bear,
First, I want to preface this with the disclosure that I've been away from trading professionally for quite a few years so I'm not up on all rule changes regarding the reporting of OTC trades.

A number of legitimate reasons can account for these trades. For instance, if a MM gets a large all-or-nothing(AON) order to sell 500,000 shares at .0098 and does not want to take any risk, he may shop around a .0099 offer for 500,000 (freezing out WDCO who was at .01)to offset the trade. As soon as he finds a buyer, he can fill both sides and take his .0001 or $50 commission. When there's a 500K on one side and a 200K and 300K on the other, it probably means the 500K was the original AON and the other 2 orders represent 2 separate orders pieced together to fill the AON.

Another possibility with multiple prices and similar block sizes could be an averaging scheme. If someone wants to sell 1,000,000 shares at .00985 this can be accomplished by splitting the order into 2 500K blocks at .0098 and .0099. This was much more common before the advent of decimal trading.

There used to be a problem with double reporting of volume on NASDAQ, but not sure how much of a problem it is today. If 2 MMs traded with each other they would each report the trade, and the volume would appear twice, but the size and price would be the same.

Option MMs used to trade with each other back and forth in risk free option spreads, or even the same series, just to create the appearance of volume. No price manipulation, but a fraudulent representation of activity to attract business.

If we could see a time and sales report that showed who was on each side of the trade it would be much more informative. If 2 or more MMs were swaping trades to move the stock up and down it would be easier to spot.

I get suspiscious when there is a heavy flow of trades on one side followed by very small trades that walk the price in the opposite direction. So if there are 20 buys at one price totaling 2 million shares and then a 1000 share sell takes out the bid and the offer immediately drops, that looks fishy. I haven't seen much of that here, though I have seen it in HISC and others.
 
Posted by StockHunter on :
 
quote:
Originally posted by ed19363:
If there are 400 million shares unaccounted for, who is to say the company didnt dump another billion on the market without telling shareholders? Since we are suffering from a lack of audited financial news, is this a possibility?

The authorized shares are 2.0 billion w/1.8B issued as of the last relevant PR. The company can't increase the authorized shares without a vote, and all shareholders get a vote, so there's only room to issue 200 million more. Of course, if they did want to increase the authorized shares they have the votes to do whatever they want.
 
Posted by StockHunter on :
 
buckstalker,

Thanks for the T&S.

We started the day with almost all buys, but by the end of the day we had 60 trades on upticks, 30 on downticks. Buy to sell volume 7.1M to 3.7M shares. Stock down a tick. I'd hate to see what would happen with more sells than buys.

Too bad they don't have a field for the MM name.
 
Posted by Bearclaw on :
 
Stock...
I haven't seen a lot of this at the .01 level...I did see it when it broke resistance at .014, 012 and ,011...It traded sideways at those levels also before being brought down to the next support level by taking out the bid with suspeciously low volume...


"I get suspiscious when there is a heavy flow of trades on one side followed by very small trades that walk the price in the opposite direction. So if there are 20 buys at one price totaling 2 million shares and then a 1000 share sell takes out the bid and the offer immediately drops, that looks fishy. I haven't seen much of that here, though I have seen it in HISC and others."
 
Posted by Dagger Depot on :
 
Plasticon to Complete Pro Mold, Inc. Acquisition on November 9th
Tuesday October 18, 8:30 am ET


At Closing, Plasticon Will Receive Plant Equipment and Contracts Valued at Close to $5 Million Annually


LEXINGTON, KY--(MARKET WIRE)--Oct 18, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that the company will meet with Pro Mold, Inc. on November 9th to complete the privately financed acquisition.

"This acquisition is truly a new beginning for Plasticon," said Jim Turek, President and CEO of Plasticon International, Inc. "It brings to closure one phase of the company, and represents the dawn of the next phase of the business. Plasticon will no longer rely on contract manufacturers and we can now control our own destiny through our own proprietary manufacturing methodology. This is a major milestone for the company and represents a great advance in our production capabilities."

Mr. Turek also mentioned that Pro Mold, Inc. is currently profitable and has contracts that are worth close to $5 million annually. "Pro Mold, Inc. is one of the premiere injection molding companies of the Midwest and we look forward to welcoming them to the Plasticon family. As of November 10th, the Pro Mold facilities will be wholly owned by Plasticon, and will become the centerpiece of our manufacturing operations. The Pro Mold facilities allow Plasticon to produce up to $20 million in production and sales annually as is. And with the addition of the new high-capacity molding machine that Plasticon recently purchased, the plant will now be able to produce up to $28 to $30 million in production and sales annually," Mr. Turek said.

For more information about the company and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.
 
Posted by Bearclaw on :
 
Dagger...
Thanks for posting the news. This is significant.
Plasticon will be forming what the company will look like in the future with Pro Mold and then the Semco deals...It will take months for things to settle. While the new corporate profile develops it's obvious that sales and revenue will be generated in numbers rarely seen in Pennyland. This is key in the company expanding without building prohibative debt...

I like this plan by Turek...It creates a more than modest profit margin and puts control of production, inventory and expanded profit margins in the company...Very smart business...

No wonder the audit is taking time to get released...It's like taking inventory at Wall Mart in the middle of Chrismas rush...Not an easy task...

PLNI attorneys are tying up loose ends and will have a contract locked, loaded and ready to sign within the next three weeks...Good stuff...
 
Posted by JasonTT on :
 
Good news, even better than he gave us a specific date.
 
Posted by mbmaid on :
 
VERY NICE!!! Hope the stock performs today.
 
Posted by bond006 on :
 
Looks good thank you Mr. Turek I hope this is a boost to the pps could not ask for a much better pr glta
 
Posted by Bearclaw on :
 
WDCO is showing his hand...he just jumped on the ask at .01
 
Posted by clbgroove on :
 
I believe IMHO that NOTHING other than the audit is moving this puppy! I really hope I'm wrong but I dont think so. We havent really moved on a PR for some time. Would love nothing more than to be proved wrong big time!!!!
 
Posted by Bearclaw on :
 
CLB
I agree that the numbers is what we need to move to .02+...but this news is nice...it gives numbers...a good start for the next month..

quote:
Originally posted by clbgroove:
I believe IMHO that NOTHING other than the audit is moving this puppy! I really hope I'm wrong but I dont think so. We havent really moved on a PR for some time. Would love nothing more than to be proved wrong big time!!!!


 
Posted by bond006 on :
 
clbgroove i agree to. To much was talked up about it now it is a super major issue that won't go away
 
Posted by bond006 on :
 
Funny thing my e trade does not pick up the pr. got it from Knobias
 
Posted by clbgroove on :
 
I think we are going to have a long climb back to the 2 range. If after all has happened we break 2 then I think 3 will come rather quickly but after that I would have to get out the crystal ball!! lol

5% gain isnt the kind of proving wrong I was hoping for but at least its green!!
 
Posted by Dagger Depot on :
 
It's only 5% right now. It'll sink to red before the bell.
 
Posted by bond006 on :
 
I think you are wright clbgroove this stock is going to need a string of pr's that have meat to them now if semco was to follow on the heals of this and the audit a little latter. We would really have something. [Big Grin]
 
Posted by StockHunter on :
 
This PR is more of the same, but hopefully we'll get more buys out of it. We now have until Nov 9th before anyone can be dissappointed again.

This game of putting dates out into the future is getting old. They miss them so often it only hurts their credibility. I understand they need to get people buying the stock, but how many times can you go to the well without bringing up some water?

How about real some sales numbers, not just capacity numbers. My safe can hold $100 million in gold coins. How much will you pay for my safe?
 
Posted by Thorn on :
 
Is it starting to move? Up to .0105, WDCO at .011
 
Posted by bond006 on :
 
We will get some buys off of this pr but it sure is a shame this co took the path of the cheap pump right from the start. If they would have done things a little more transparent they would be at a higher pps right now
 
Posted by RahzM1ght on :
 
this will drop again like always, i know how this stock works now. It may still be in the green but not as high as it is now.
 
Posted by StockHunter on :
 
One way this company can gain the confidence of investors and shareholders is to announce an annual meeting. As of september there were 3800 shareholders and growing. I think you can get enough of them together to make it worthwhile.

At annual meetings, people ask key questions face-to-face with the company execs. Its harder to toss spin -- there's no place to hide.

Real companies with legitimate prospects and nothing to hide hold annual meetings. The stock would probably rise on the announcement and into the meeting, IMO. Mr. Turek, how about scheduling one soon? It would speak volumes to Plasticon's legitimacy.
 
Posted by StockHunter on :
 
.0106 Bid .012 Ask

You can drive a truck through that. Glad WDCO pulled back and the rest of the crowd seems willing let this breathe. If we can get some .012 prints the big percent change will generate some alerts and bring in more volume.

I've felt all along that WDCO was too stingy with the price movement for thier own good. Sometimes you generate more buying interest in the pinks just by getting a run started [or letting one get started]. Its been too long since the last feeding frenzy. I'm ready.
 
Posted by maumee river rat on :
 
Does anyone know when there Fiscal Year ends for the Tax Man????

Might not want to show too much profit before tax time...Take advantage of the write offs,Ya know??

Just a thought..
 
Posted by clbgroove on :
 
quote:
Originally posted by maumee river rat:
Does anyone know when there Fiscal Year ends for the Tax Man????

Might not want to show too much profit before tax time...Take advantage of the write offs,Ya know??

Just a thought..

Its Dec like the norm. They are not concerned about taxes due to the fact that they have huge carry forward losses from last year and the year before (according to Turek back when he was allowed to speak)

It will be a nice first 2 years profit wise because of the losses, and on top of that they will have a ton of depreciation and 179 expenses from the mergers and buy outs so they shold be more than ok once they get rolling. On another topic Blue Linx stock BXC is up real nice from its $9 low a few months ago and they just raised the target to $16!! Maybe they figure PLNI's $15-20 million is going to make a big impact on thier $6 BILLION in revenues!! LMAO

Nice to dream right??
 
Posted by bond006 on :
 
Come on Turek tell us about Semco you said your attorneys were ready to ink the hard copies
 
Posted by maumee river rat on :
 
quote:
Originally posted by bond006:
Looks good thank you Mr. Turek I hope this is a boost to the pps could not ask for a much better pr glta

quote:
Originally posted by bond006:
Come on Turek tell us about Semco you said your attorneys were ready to ink the hard copies

It went from .."Thank you Mr. Turek" ...to...Just plain ole' "Turek" in less than a day...LOL

Waiting for You to regress all the way to HEY A$$HOLE!!! by EOD Bond!! hahaha LOL!!!
 
Posted by bond006 on :
 
Maumee I would need a little more time than that to regress that far but it is very possible. Does anyone know why etrade has not posted the plni pr there have been other posters on different boards that said there broker did not
either. Just a thought but not a real big deal
 
Posted by Bearclaw on :
 
My Ameritrade did not post...It may be important ...many investors get their news from their broker...Wonder why it did not get posted?

quote:
Originally posted by bond006:
Maumee I would need a little more time than that to regress that far but it is very possible. Does anyone know why etrade has not posted the plni pr there have been other posters on different boards that said there broker did not
either. Just a thought but not a real big deal


 
Posted by ed19363 on :
 
Maybe cause Ameriturd sucks?
 
Posted by Bearclaw on :
 
Ed...thought that one through? Hey?


quote:
Originally posted by ed19363:
Maybe cause Ameriturd sucks?


 
Posted by JasonTT on :
 
Building some support. 5 at or above .01 now on the bid.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
My Ameritrade did not post...It may be important ...many investors get their news from their broker...Wonder why it did not get posted?


Bear,

This PR was on Market Wire.

Ameritrade picks up PR Newswire, Business Wire, and Dow Jones Newswire. Most of their recent fluff has been on Prime Zone. Not sure why they pick one minor news vendor over another [price, breadth of distribution, etc...?]
 
Posted by Bearclaw on :
 
Stock...
Thanks buddy...that explains it...This has happened since Apple came on board...I use to get all of them.
 
Posted by StockHunter on :
 
Here's why they use Market Wire and Prime Zone for PRs.

Market Wire -- $375
Prime Zone --- $395
Business Wire - $595
PR Newswire -- $635

Price of wire service should be proportional to fluff factor. When we get the audit news you can bet it'll be on DJ, Business Wire or PR Newswire(Comtex).
 
Posted by bond006 on :
 
I called etrade and they don't pick up market wire they did not have an explanation they said they just don't
 
Posted by Dagger Depot on :
 
I use http://finance.yahoo.com/q?s=PLNI.PK&d=t for all my PR's. I've never noticed a time when yahoo didnt pick it up
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
I use http://finance.yahoo.com/q?s=PLNI.PK&d=t for all my PR's. I've never noticed a time when yahoo didnt pick it up

likewise.
 
Posted by cold_up_here on :
 
Oh my God!! I haven't seen 'Green' in my account in over 5 years! It has to be an illusion. Only 110 more days like today and I will break even! Ya, right!
 
Posted by bond006 on :
 
I got the news today guys i check knobias every morning. My concern is maybe thousands of people that would have bought did not see the news
 
Posted by corndo on :
 
Exactly Bond, exactly.
 
Posted by StockHunter on :
 
Plasticon CEO Will Be a Guest Today on Popular Financial Talk Radio Show "American Scene Radio With Steve Crowley"

http://biz.yahoo.com/iw/051019/098411.html
 
Posted by Dagger Depot on :
 
LEXINGTON, KY--(MARKET WIRE)--Oct 19, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that Jim Turek, President and CEO of Plasticon International, Inc. will be a guest on the popular financial talk radio program "American Scene Radio" with host Steve Crowley. The interview will air today at 9:45 AM, and will be the first in a series of interviews with Mr. Crowley.

"This program will be an outstanding venue for us to tell our story," Mr. Turek said, "Steve Crowley is one of the most respected names in the business and I look forward to being interviewed by him. We believe that American Scene Radio listeners will be impressed by our unique position as the dominant force in the growing recycled plastics industry. There are many recent exciting developments with Plasticon, and I look forward to discussing them with Mr. Crowley and the American Scene Radio audience."

American Scene Radio, which has aired nationally since 1990, is broadcast to over 2.5 million investors every day. American Scene Radio listeners are active investors with a particular interest in microcap stocks. Steve Crowley, the host of American Scene Radio, has been broadcasting for over 27 years, and in his illustrious career has been the Money Editor of ABCs "GOOD MORNING AMERICA," the Producer and Host of the Personal Finance Videos distributed by U.S. News & World Report and is the author of the book "Money For Life," which was published by Simon and Schuster. He also produced the home video series "GET RICH AMERICA" under various titles for The Home Shopping Network. For more information about "American Scene Radio" or to listen to the live program, please go to www.americansceneradio.com.

For more information about the Plasticon International, Inc. and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.
 
Posted by StockHunter on :
 
Another Pay-to-Play station on the Plasticon road show. Should expose some new investors to the company, though. Maybe WDCO can sell 10 million shares today instead of 5. I just hope they let it run to .12 or more before they put the cap on.
 
Posted by StockHunter on :
 
mean to say .012 -- freudian slip
 
Posted by Dagger Depot on :
 
Now they will let millions of people see how they are full of unkept promises. Or maybe this means they're going to get eveyones attention and put out the audit pr on Monday.

WIth the way they have been letting their current investors down left and right, they shouldnt be trying to find new blood to let down. They need to work on their stock first, then attract new buyers.
 
Posted by JasonTT on :
 
What they need to do, is get the audit information out. THEN put out all the PR's that they have the last few weeks, and the market would take much better to them. Everybody is just waiting for the audit, these little PR's won't do much.
 
Posted by bond006 on :
 
Right you guys are and that comes from Matt the person who is fielding there telephone calls the number one question is auudit or figures they can't skirt that issue now.
 
Posted by StockHunter on :
 
I think these road shows may essential to the audit/OTCBB listing process. I don't think you'll see the news we've all been waiting for until the WDCO sell program is complete. The road shows help them complete that program. Then, once all the dirty laundry is out of the way, the audit news/OTCBB listing will come.

All IMHO, as always do your own DD and make your own conclusions.
 
Posted by Dagger Depot on :
 
just in case anyone missed this:


Jim Turek, CEO of Plasticon Intl. says his company’s recycled plastic products are stronger than comparable steel products
Environmently-Friendly Company Transforms an Industry
Jim Turek is a man on a mission. He wants to prove to the world that his company’s recycled plastic products are not only more cost-effective than comparable steel products, they are stronger as well.

In the last 15 years, Mr. Turek has been a passionate advocate for the use of recycled plastics products in the construction and transportation industries by demonstrating the advantages his company’s patented line of plastic rebar supports and transportation signage have over metal products.

“I understand that people are skeptical,” Mr. Turek said. ”Some people can’t wrap their mind around the concept that recycled plastic can be stronger than steel. But we have demonstrated time and time again, from the laboratory to the actual job site, that our recycled plastic products are stronger and more versatile than comparable steel products. I always say to people that if I were a superhero, I’d rather be the Man of Recycled Plastic than the Man of Steel because recycled plastic is stronger.”

JUST ONE WORD: PLASTICS

Since founding Plasticon International, Inc. Mr. Turek has changed an industry. When Mr. Turek started the company and began to tout the benefits of recycled plastic products, the construction and transportation industries initially did not accept recycled plastic products. However, today they are now becoming widely accepted and are used in many high profile projects across the country.

“Sometimes I feel like a character in ‘The Graduate’. You know the guy who says to Dustin Hoffman – ‘I just want to say one word to you. Just one word: plastics!’ Of course, I felt that he should have been the main character, not Dustin Hoffman,” Mr. Turek said with a laugh. “Some people call me an evangelist for recycled plastics. I guess my main strength has been persistence.”

Due to a number of industry trends, including increased government regulation which favors environmentally-friendly products, the skyrocketing price of steel, and imminent Federal and State spending relating to the recently passed $286 billion transportation bill, Plasticon International Inc. is experiencing a dramatic increase in demand for its products. Plasticon recently announced that the company is profitable as of the second quarter of 2005.

Today, the company’s products are used in all 50 states and territories, every province of Canada, throughout the Caribbean and Latin American, in Europe, the Middle East and in Asia. In the U.S., Plasticon’s products are used everywhere from mission critical sensitive government facilities such as the Los Alamos Laboratory, Wright Patterson Air Force base and Pearl Harbor to North America’s premiere corporate and entertainment facilities such as the Tampa Convention Center, IBM Headquarters in Toronto, Ford Motor Company Headquarters in Toronto, Disney Orlando, Universal Studios, and the Rock and Roll Hall of Fame.

Plasticon’s products are also currently used in over 200 bridges across the country as well as major roads, highways and other infrastructure nationwide.

Their transportation signage is used on highways in 37 states.

BUILDING A FOUNDATION

Mr. Turek said that he realized early on that there were four key factors that were critical to the long term success of Plasticon International. “First of all, I realized that the construction industry was dependent on steel, which was more expensive and less abundant. So having an incredibly abundant source of raw materials with recycled plastic resins was very important. We realized that there would be a virtually endless supply of reasonably priced resins because of the amount of plastic in landfills in the U.S. Secondly, I thought that it was important to develop our own line of proprietary products so that we would create long term value with the company. Third, our products had to be cost-competitive.

And fourth, in order to be successful I felt that we had to solve a major problem that was not being addressed in the construction industry - spalling and the corrosion of concrete.

Mr. Turek noted that most people don’t realize that rebar supports are used to hold steel reinforcing bars in bridges, buildings, highways, and infrastructure across the country. “Our products are everywhere,” Mr. Turek said. “It’s just that they are invisible to the naked eye. But that’s the way it should be. You should never see our products. The problem with metal rebar supports is that we often see them because they are exposed due to the fact that they cause spalling which leads to corrosion damage and deterioration. The reason for this is that metal supports cannot withstand moisture, chemicals used to treat snow and ice, and chloride ion attack. Chloride ion attack is a process where salt laden water seeps into the concrete and creates an environment where electrical currents flow between positively and negatively charged metal and ultimately consume the metal rebar support.”

Spalling, which leads to corrosion damage, costs the U.S. billions of dollars per year. “The next time you are walking under a bridge, if you look up you will probably see chunks of concrete that have broken off and you will see rusted reinforcing bar exposed,” Mr. Turek said. “We call this corrosion damage in our industry. And that was the problem I knew I had to solve. What if some one could engineer a rebar support that would not be affected by corrosion damage? Our recycled plastic rebar supports are impervious to all of the factors that affect metal rebar supports and in fact will not deteriorate. They are impervious to moisture, do not conduct electricity and will not corrode. We are proud of the fact that we designed and engineered the most advanced rebar support in the marketplace, which solves the issue of spalling and corrosion in concrete as it relates to metal rebar supports, therefore prolonging the use of the structure. We’re also proud of the fact that we were able to accomplish this in an environmentally-friendly manner.”

Turning Point: Exclusive Contract with the Largest Distributor of Building Materials in the U.S.

In the last year, the most significant development at Plasticon International has been the exclusive contract they signed with the largest distributor of building materials in the United States. The company distributes products through 63 strategically located warehouses across the country. As a result of this expansive distribution network, Plasticon’s reach has extended nationwide. “Our close working relationship with our distributor is a key factor to the success of Plasticon International as we move forward. In fact, it makes us the single largest supplier of rebar supports in the country. No one in our industry can come close to our distribution network. We now have the largest distribution network in the industry, giving us an undeniable competitive advantage,” Mr. Turek said.

EARLY STRUGGLES -- LOOKING BACK

But Mr. Turek was not an overnight success. It has taken 15 years to build a base for Plasticon. Since its founding the company has pioneered innovative new products, applied for and received patents that are valued at over $20 million, built an inventory of injection molds that the company owns outright that are presently valued at over $10 million, built relationships with distributors, and applied for Federal and State Department of Transportation (DOT) approvals. Plasticon is currently the only company in its industry with DOT approvals in all 50 states. “It was an arduous process, there’s no question about it,” Mr. Turek said. “But it was worth it. We knew that we had a vision that was worth pursuing. When you are the first to market, you have to be willing to sweat out the early years and make the necessary sacrifices. We were trying to change an industry and this was a Herculean effort.”

While Plasticon enjoys the dominant position as the pioneer in the recycled plastics sector today, Mr. Turek recalled that when the company was founded it was not so easy to convince others to buy into his vision.

When Mr. Turek founded Plasticon International (then called International Plastics, Inc.) the construction industry initially resisted using recycled plastic products. “We certainly had a lot of resistance at first,” Mr. Turek recalled. “When we started, plastic rebar supports were not even in the CRSI (Concrete Reinforcing Steel Institute) manual, which is the bible of the industry. They did not include plastic rebar supports and no engineer or architect would specify plastic rebar supports because they were not in the manual. It took two years of our efforts to get CRSI to include it, which then opened the construction industry up to the use of recycled plastic products.”

There were financial hardships initially as well. “Plasticon was definitely way ahead of its time,” Mr. Turek said. “My wife and I had to take out second and third mortgages to finance the company. At that point, no bank would work with ‘a recycling company’, because they had no lending experience with green companies. We were environmentally-friendly before it became fashionable, as it is today.”

A RARE DISEASE, A RARE DETERMINATION

But Mr. Turek, who grew up in a working class neighborhood in south St. Louis, took all of it in stride because he had overcome obstacles his entire life. “I think my background helps me to keep things in perspective. I grew up in a row house in St. Louis where my parents struggled to make ends meet,” Mr. Turek said. “As a young child, I was diagnosed with a rare debilitating disease called scleroderma, which only 3 people in the country had at that time. I was told by doctors that I would always be physically handicapped and unable to play sports. This was a defining moment in my life.”

Ultimately, Mr. Turek not only overcame this debilitating disease, he went on to play professional football for 2 years, and to live an active, fulfilling life.

“I’ve really lived the American Dream because I’ve been fortunate enough to overcome these obstacles and to pursue my vision as an entrepreneur. When you’ve overcome a potentially crippling disease, I think you gain a renewed appreciation for life and every obstacle you encounter in business or in life seems trivial by comparision.”

Mr. Turek said that he is optimistic about the future of Plasticon International. “We are confident that our products will become the industry standard and will replace steel. I continue to be excited about the market potential for the company’s core products. The market for the rebar support industry is $30 billion per year. The informational signage industry is a $20 billion per year business in the U.S. alone. As we continue to demonstrate the dramatic advantages our engineered recycled plastic products have over metal products, we believe our market share will continue to grow.”
 
Posted by JasonTT on :
 
Where is that from Dagger?
 
Posted by Dagger Depot on :
 
Investors Business Daily:

http://www.investors.com/corporatenews/nw111.asp

The link is in today's PR
 
Posted by JasonTT on :
 
Ah, Thanks.
 
Posted by JasonTT on :
 
Some volume would be nice!
 
Posted by ed19363 on :
 
Anybody know what was said on this radio interview?
 
Posted by shortnite on :
 
Plasticon is good. Buy some.
 
Posted by JasonTT on :
 
WDCO retreated to 12. We will see if the price follows.
Current L2's:
Bid: 2x.011
Ask: 1x.0114
4x.012
 
Posted by Dagger Depot on :
 
you shoulda put quotes around it shortnite. We'd still believe it.
 
Posted by shortnite on :
 
"Plasticon = Money"
 
Posted by DQ. on :
 
Need that audit like NOW!
 
Posted by Dagger Depot on :
 
Not today DQ...

Think its safe to say we'll get nothing until after the acquisition on Nov. 9.
 
Posted by JasonTT on :
 
Why is that Dagger?
 
Posted by Dagger Depot on :
 
It is very rare they put out a PR after 7:30. If they do, it would still be before 8.
 
Posted by mbmaid on :
 
MM's are lined up for a run. A little volume, and we go. WDCO at .013.
 
Posted by Murnak on :
 
Plasticon CEO a Guest on a Popular Financial Talk Radio Show "American Scene Radio With Steve Crowley"
Jim Turek's Interview

http://archives.warpradio.com/btr/Ameri...101909.MP3

The last 1/4 is the interview* 35.40 min....
 
Posted by ed19363 on :
 
Thanks for trying, but that link doesnt work.
 
Posted by Chopper on :
 
Try this link Ed......
http://www.warpradio.com/player/player.asp?mode=aol&page=&id=14085&wmpVer=10&br=IE&os=win&country=USA&state=NC&city=Winston%20Salem&metroCode=&streamType=&streamRate=
 
Posted by Chopper on :
 
Here is the home page for Steve Crowley's radio program. http://www.moneychannel.tv/
 
Posted by Dagger Depot on :
 
Whats the deal with PLNI switchin from Primezone to Marketwire on Oct 13th? Think it means anything?
 
Posted by StockHunter on :
 
quote:
Originally posted by Dagger Depot:
Whats the deal with PLNI switchin from Primezone to Marketwire on Oct 13th? Think it means anything?

It saves them $20/story and still get a pretty wide distribution to other news organizations and major papers with Market Wire.

Market Wire -- $375
Prime Zone --- $395

At 2 PRs/wk time $20 a pop that over 2000/yr. Enough to start a 401K plan for the company mascot.
 
Posted by Bearclaw on :
 
Well the MM's have this again today...probably see .01 level...
 
Posted by StockHunter on :
 
At least WDCO has faded the past few days. They don't want to drive this thing into the floor. Kinda defeats the purpose.

With the road shows and fluff PRs no longer producing results it'll be intersting to see what Turek & Co. will come up with next to try and bring in some buying. I noticed no Green Baron date set which they alluded to last week. Even they're beginning to see how futile its becoming to repeat the same old story.

The next PR will probably offer something new, or at least look like something new.
 
Posted by johnny14511 on :
 
when they went to spain i tought there was going to be a run but i was wrong lets just wait
 
Posted by downdraft on :
 
PLNI

(this post is long sorry)

I made this post on another forum and thought I would post it here too. Many of you may be right, there may have been troubles with PLNI and that is one of the reasons I wanted to talk face to face with Mr. Turek.

One of my main concerns I had was cash flow. I wanted to know was the business working? Was product moving through the business machine Raw Resin + Produce Product + Distribute Product + Sell Product = Gross Revenue. If the business machine was working, that is a good start. It's important also that the Gross Revenue will equate to a Net profit too.

After my meeting I felt that this company was a baby company which was starting to turn product, starting to turn product on a national level. Bluelinx is very important because of the distribution capability. BTW, distribution is one of the most important elements for selling product, without it your dead.

The next key part was Pro Mold, the main reason, it is a profitable business (hopefully) which will immediately inject cash flow into PLNI (3 to 5 mil gross guess). What does this mean, it means that PLNI will have staying power to grow, finish audits, expand product etc. Without cash flow the business or any business is soon to fade away.

Semco, the product that really has my interest. I don't believe Semco will be an immediate cash infusion, but certainly it will do what it is currently doing 5 to 7 mil a year gross (guess). Semco, is rated number #1 in Nevada, and have a great product. Mr. Turek mentioned to me that Semco could really go hand in hand with PLNI. He mentioned, the limitations of concrete over time, how it deteriorates from water and moisture. Semco can be used for Bridges, Runways (mostly concrete), buildings, etc to seal the surface therefore extending the life. That is a huge business but will not happen overnight. Semco also has the floor covering and countertops, which I am interested in living in South Florida. If you pour a concrete floor and then apply Semco (4 step process)you will have a beautiful final product that will last forever (final testing in progress)which is much cheaper than marble etc. The profit margins are very high..! I want to own Florida, I want to set up the whole State with Semco, that's my interest. PLNI, it's just be the icing on the cake, I fill it will happen getting ready to invest more money in PLNI along with my group. Keep the faith things are moving in the right direction......

(I am not saying life is a bowl of cherries and PLNI is a risk, that is why it's a pink sheet. You have to do a little extra DD to try and make sure things are working, that is all you can do, it's those who go the extra mile, that have the balls who end of with the pot of Gold..!)

[Wink] [Wink]
 
Posted by cold_up_here on :
 
downdraft, I'm having a 1980 flashback! If your not a kid, you will certainly know what I am talking about. At this point I would have to parallel the ceo Jim Turek with Jimmy Carter! Personally met Jimmy once... one of the nicest,honest,giving person that I have ever met, but was a horrible president! Just like Jimmy, can't get anything done! Come'on Turek, prove me wrong!!
 
Posted by downdraft on :
 
Hi Cold,

We will have to see what happens, and yeah, and I remember Billy Beer..ha.
 
Posted by bond006 on :
 
Oh of course Billy Beer what a great idea that was I liked Billy Carter
 
Posted by Chopper on :
 
Risk Metrics keep getting lower by 5 points or more a week folks. And thats a great thing! If Jim can just get something completed here in the next 3 weeks, IMO we will a nice jump in the PPS.

http://www.nasdaq.com/services/riskMetrics.stm?&tickers=plni
 
Posted by cold_up_here on :
 
LOL.....Ya, Billy Beer! Now I'm really having a flashback or it may be a stroke! Downdraft, Thanks for all your DD in recent weeks, its much appreciated. Most investors are unable or unwilling to take a 'Leap-of-Faith' with PLNI. Never know when the big PR will hit.
Chop...time to swing this yet?
 
Posted by Thorn on :
 
Leap of faith? No. I just hate holding. This will be one of the last stocks I hold and wait on.
 
Posted by RahzM1ght on :
 
this stock is no good anymore, its just dropping and dropping. must get out before i loose all my money. been waiting too long for this.
 
Posted by bond006 on :
 
If Turek does not keep his word this time about the Nov. 9th closing of pro mold there will be a real blood bath
 
Posted by Dagger Depot on :
 
Just think...

It can only drop another .0094 before it hits absolute bottom...

Way to go Mr. Turek...
 
Posted by state780 on :
 
I'm pretty disgusted with this stock right now.
 
Posted by buckstalker on :
 
I agree State...I have just about had it with Turek and his blatant lies....he has proven to me that he doesn't care about the shareholders, just using them to keep funding his operations...
 
Posted by state780 on :
 
quote:
Originally posted by buckstalker:
I agree State...I have just about had it with Turek and his blatant lies....he has proven to me that he doesn't care about the shareholders, just using them to keep funding his operations...

well, to be clear, I don't think of Turek as a liar, even though I understand those who do based on promises of a completed audit within a month last May (for starters). I see the problem as one of competence. Great product, but can he and his team ever close a freakin' deal? And the pps and news has been managed so badly, news that would have caused a frenzied spike half a year ago, like delivery of the ProMold machine, did nothing.
 
Posted by RahzM1ght on :
 
so depressing when you loose a lot of money on company that suppose to be so good.
 
Posted by RahzM1ght on :
 
i should of listened to cold_up_here because he was right on the money that this stock will drop but everyone laughed at him. now he is doing the laughing
 
Posted by buckstalker on :
 
I don't understand how anyone can NOT view him as a liar...An honest person would say "we will have our audit completed as soon as we can" if he is not sure when it will be complete...A liar gives you a definate time frame again and again, and never comes through....It comes down to this...how many chances are you willing to give him, before calling him what he is? Three strikes and you're a LIAR to me! As long as traders keep believing Turek, he will keep sucking money out of them to fund his operations...period!
 
Posted by RahzM1ght on :
 
forget this stock, im out, just waiting until it gets back to 1 cent [Frown]
 
Posted by bond006 on :
 
Well lets look at things i bought my first share of plni in April i made money because i sold at the top i rebought 500,000 shares and i have lost a lot of money.The thing that really gets me is it the same company now that it was is April. Nothing has been completed or finished.But dates and dead lines have really been thrown around in the pr's. The only thing that Turek has kept his word on so far is an r/s and i believe that he will do one at the right time, Because he has never kept his word about anything else.Fellas i am gone I do not need the fustration anymore I hope all turns out good for you. I most likley will sell in the morning follow this stock and if it looks like it will run I will get back in glta
 
Posted by Bearclaw on :
 
Bond006...
If you get a chance check your PM and have a great night...
 
Posted by Bilo86 on :
 
u hiding some info from us bearclaw?
 
Posted by Bearclaw on :
 
No...just having a private conversation...Nothing new...I wish I did!

quote:
Originally posted by Bilo86:
u hiding some info from us bearclaw?


 
Posted by RahzM1ght on :
 
me too, im out tomorrow. good company , Turek though is another story.
 
Posted by DQ. on :
 
I'm not very happy with the way things are going either guys. Been in since June 04 but I still am not going to sell any shares. I still firmly believe this will be at .50 in a years time.
3 to 5 years from now 1.00 to 3.00.
And as I said before, I'd rather it be now but I'm sure I'll be happy with the money then.
Holding till the end.
 
Posted by youngface on :
 
I'm also frustrated with this but I have seen this kind of drop just before a run many times. I have a hard time getting out just now cuz I know with my luck Turk will release the audit soon as I sell. If it goes down much more I will be forced to sell... Come on Turek! you are not doing your company any good like this...Your new name will be Turkey pretty soon... [Mad]
 
Posted by Dagger Depot on :
 
LEXINGTON, KY--(MARKET WIRE)--Oct 25, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that Jim Turek, President and CEO of Plasticon International, Inc., will be a guest on the popular financial talk radio program "American Scene Radio" with host Steve Crowley. The interview will air today at 9:20 AM, and will be the third in a series of interviews with Mr. Crowley.

Mr. Turek and Senior Consultant Bill Howe will discuss several recent developments with the company, including the completion of the Pro Mold, Inc. acquisition on November 9th, and the company's exclusive sales agreement with the largest distributor of building materials in the U.S.

American Scene Radio, which has aired nationally since 1990, is broadcast to over 2.5 million investors every day. American Scene Radio listeners are active investors with a particular interest in microcap stocks. Steve Crowley, the host of American Scene Radio, has been broadcasting for over 27 years, and in his illustrious career has been the Money Editor of ABC's "GOOD MORNING AMERICA," the Producer and Host of the Personal Finance Videos distributed by U.S. News & World Report and is the author of the book "Money For Life," which was published by Simon and Schuster. He also produced the home video series "GET RICH AMERICA" under various titles for The Home Shopping Network. For more information about American Scene Radio or to listen to the live program, please go to www.americansceneradio.com.

For more information about the Plasticon International, Inc. and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.
 
Posted by Dagger Depot on :
 
everyone twirl your fingers in the air and say "WOOOPDy!"
 
Posted by Chopper on :
 
Steve Crowleys program is at: http://www.moneychannel.tv/ or

http://www.warpradio.com/player/player.asp?mode=aol&page=&id=14085&wmpVer=10&br=IE&os=win&country=USA&state=NC&city=Winston%20Salem&metroCode=&streamType=&streamRate=
 
Posted by JasonTT on :
 
All I can say is they better actually close the deal on the 9th!
 
Posted by Dagger Depot on :
 
Nov 9:

Bottom of the 9th, we're behind by 2. We've got 2 strikes, and bases loaded. Turek's up to bat.

Will he:

A) Strike out
B) Bunt to get himself to 1st
C) Hit a grand slam
D) Forfeit the game
 
Posted by Murnak on :
 
Interview at 9:20 www.americ ansceneradio.com!
 
Posted by JasonTT on :
 
I was in a meeting so I didn't have a chance to catch it. Anybody listen to the interview? Anything new?
 
Posted by Chopper on :
 
Here are the highlights Jason,
Jim's interview brought out a few new things.
Jim anticipates with the current trend and with Pro Molds additional production capability, Blue Linx's 63 distribution centers will turn Plasticon's product 5-6 times a year.
The products are approved for use throughout Canada and all of South America and many other countries abroad.
They have sold product in the Middle East, Lithowania and Russia.
They are currently developing the plastic (REBAR) to complement the rebar supports. He stated as steel continues to raise in price and polymers become more cost effective the Rebar will be a huge competitor of steel in the near future which is a Multi Billion dollar industry in itself.
The plastic signage will be an addition revenue source soon.
He seemed very upbeat as usual.
 
Posted by shortnite on :
 
Jim said and I quote.
"Plasticon is very good, buy our stock and we will all be very rich soon. If you do not buy our stock I will cover the earth in plastic and I will rule plastic world!"
He seemed very upbeat as usual.
 
Posted by Dagger Depot on :
 
Hypothetical quiz.

Lets say that we receive no other PR's that would boost the until 11/9 when they supposedly finalize the aquisition.

Any speculation on what the PPS may reach just on that alone?
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
Hypothetical quiz.

Lets say that we receive no other PR's that would boost the until 11/9 when they supposedly finalize the aquisition.

Any speculation on what the PPS may reach just on that alone?

No idea. There's no sound way to speculate IMHO--we're talking a pink sheet stock that is still on very thin ice even after the steady decline in recent weeks. We could be in a situation where it craters before nov. 9 and then an explosion in pps--if PLNI does something stunning like doing something it said it would -- may only bring much of us back to even (I think a lot of us, like me, are averaged around .014 or so back to May)

As for the latest fluff interview, nothing new there but more speculation. Anyone who's done minimal DD knows that Plasticon products have been used overseas. speculation about prospects about plastic rebar is pie in the sky--it's possible, technically, and I'd be surprised if it DIDN'T happen--but not on any timeline that will save medium-term investors. I expect there will be a whole new approval process for something as daring as plastic rebar.

All we've gotten from Turek is optimistic talk about all the money PLNI can make. Talk about the capacity that can be handled by Bluelinx and ProMold is just a variation on the theme. More fluff. Nothing new.
 
Posted by Chopper on :
 
No Idea Dagger......
However, the Pro Mold deal is really HUGE for Plasticon. I think Downdraft really had the idea nailed the other day when he laid out the logical progression of a startup company.

First they need a viable product or group of products that are almost in the consumable basic category such as rebar supports sinage surfacing treatments and rebar. Plasticon also OWNS the intellectual property rights and patents on all their products. (No Royalties to pay third parties)
Second they must be able to meet the current and future demand for these products. Hence the Pro Mold Acquisition and Stratigic Alliances Signed for the continued supply of recycled plastic polymers. This was done this year here in the United States and Europe for a 10 year supply.
Third they must have a Strong distribution network. Now Blue Linx comes into play.
Fourth and just as important CASH FLOW. They have stated that Pro Mold's current customer base is producing 5-6 million in current cash flow without the production of any of Plasticon's current or future product mix. They have also stated they have a Solid credit line to be able to expand and aquire synergistic companies.
I doubt seriously that Plasticon would spend 250k on a new Toyo injection mold machince and 500K on the molds for that one machine if they didn't have 10X that amount in contracts heading their way or in the office this very minute.

Now with all that being said, IMO the Pro Mold deal will be a HUGE milestone in the evolution and growth of this company. At that time the 30 Million dollar value of the patents have REAL VALUE as well as the Pro Mold Orgainzation and their contracts. Bring the audits and Semco into the mix and Plasticon may have a 50 million dollar or more face value this year.
The answer to the question is; it really depends on How the general investing public and Wallstreet view the acquisition and its perceived value in the Short and Long term scheme of things. I would love to see the PPS break the .02 resistance and head toward .05, but who knows at this point. Make the deadlines Jim and the faithful will be recharged. GLTA
 
Posted by corndo on :
 
If Nov. 9th is the tell all date, then I guess it's best to wait until then and hear the rest of the story. Please come through this time, Mr. Turek.
 
Posted by Dagger Depot on :
 
I just got out of a meeting and my company is giving all of us salary employees a bonus on Friday!

I'm investing 100% of my bonus either into HISC or PLNI. Guess I Have 3 days to decide if I trust PLNI enough to buy more, or if I want back in on HISC...

Hmm...Decisions, Decisions...
 
Posted by ed19363 on :
 
IMO, nothing happens until all promises are fulfilled.
Close two deals, let's see some audited numbers, application to higher board.
If you're willing to wait, get on board, if not, bail out fast. I'm thinking in terms of years, not days. Things like this do not happen overnight.
 
Posted by Thorn on :
 
quote:
Originally posted by Dagger Depot:
I just got out of a meeting and my company is giving all of us salary employees a bonus on Friday!

I'm investing 100% of my bonus either into HISC or PLNI. Guess I Have 3 days to decide if I trust PLNI enough to buy more, or if I want back in on HISC...

Hmm...Decisions, Decisions...

You could also hold it in cash, wait, and watch. [Wink]
 
Posted by StockHunter on :
 
Good New -- Bad News.

The good news. Big retail buying shot through the offer and NITE is still bidding .0099 for more.

The bad news. WDCO is back, down at .01 after fading for a few days. VFIN has lots to sell today, but they're probably just representing some retail bailing. The 2 radio shows did next to nothing to help them sell more stock. I still don't think we get the really good news until they distribute all the shares they need to finish this program. I really hate to see them selling this low since they get less bang for the buck. Means they may need to sell more to accomplish their needs.

All IMHO, do your own DD as always.
 
Posted by buckstalker on :
 
So much for the "Good News"
 
Posted by cold_up_here on :
 
Picked up a boat load more today, couldn't resist. Not going to be greedy. 5-7 cents within a year is most likely a reasonable goal(I pray).That would still be in the red for me, but with a lot less pain. Not concerned with Semco. Just an added bonus if the deal gets closed. Promold and Audit we need!
 
Posted by johnny14511 on :
 
i want to buy at 7
 
Posted by fast50gt on :
 
cold, 5-7 cents would still be red for you? if that's the case, you've been in for over a year.
 
Posted by Chopper on :
 
Cold,
I think I liked you better when you were Mindlessly Bashing. I'll have to ponder on it a bit. Bawahahahahahahahaha
 
Posted by Thorn on :
 
Now we know why cold was mindless and bashing [Big Grin] .

You really think it is going to take 1 year just to get to 5-7 cents?!! Ak!
 
Posted by cold_up_here on :
 
fast, actually that was going off all losses over the past 5-6 years. Using PLNI(going long, no swinging) I would need a PPS of .125 to break-even. I would be more than happy with 1/2 back. Looks like the EOD drop continues. We need some traction!
 
Posted by cold_up_here on :
 
Chop, good time to swing here?
 
Posted by johnny14511 on :
 
waiting sux
 
Posted by Chopper on :
 
If it didn't trade so tightly I would say try to swing Cold. But it's almost impossible with only 6 clicks in between and volume under 20 million. Last Friday would have been a good day with the 11 point swing. We may actually start to see a heavier buying pattern soon with the Pro Mold deal aproaching. GLTY
 
Posted by Chopper on :
 
From the Green Baron
Tuesday, October 25, 2005

Webcast with Plasticon Intl. (PLNI)

The webcast scheduled with Plasticon CEO Jim Turek and consultant Bill Howe should be available very soon. The interview is still scheduled to occur this week. Again, the Company wanted to deliver a very powerful webcast filled with solid information about developments. We will notify all our members as soon as it is available.
 
Posted by Dagger Depot on :
 
Increased Demand for ProMold, Inc. Products Leads to $1 Million Backlog of Orders
Wednesday October 26, 8:30 am ET


After Completing the Acquisition of ProMold, Inc. on November 9, Plasticon Will Begin a 6 Day Per Week, 24 Hour Per Day Production Cycle to Meet Demand


LEXINGTON, KY--(MARKET WIRE)--Oct 26, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that upon completion of the acquisition of ProMold, Inc. on November 9th, the company will adopt a 6 day per week, 24 hour per day production cycle to meet increased demand. ProMold, Inc. currently has a $1 million backlog of orders.

"The quality of ProMold's molding products is second to none in the industry," Mr. Turek said. "The recent natural disasters that destroyed billions of dollars of property in the U.S. led to a dramatic increase in construction projects and this in turn has led to increased demand for high-quality construction products. We project that demand will be on the rise for the foreseeable future. The recent $1 million backlog of orders for ProMold's products demonstrates that they are highly sought after in the industry. Again, we are looking forward to completing this transaction, which will dramatically increase our production capacity and add to our bottom line. Upon completion of the acquisition, we will immediately work to fulfill these orders."

Mr. Turek also mentioned that ProMold, Inc. is currently profitable and has contracts that are worth close to $5 million annually. "ProMold, Inc. is one of the premiere injection molding companies of the Midwest. When Plasticon takes over the ProMold facilities, we will be able to reach up to $20 million in production and sales annually as is. And with the addition of the new high-capacity molding machine that we recently purchased, the plant will now be able to produce up do $28 to $30 million in production and sales annually," Mr. Turek said.

Mr. Turek will be appearing on American Scene Radio with Steve Crowley on Thursday, October 27 between 9:10 and 9:30 AM to discuss the ProMold, Inc. acquisition and other recent developments with the company. (The program can be accessed at www.americansceneradio.com) For more information about the Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.
 
Posted by bmarley5780 on :
 
where are you guys seeing this???

not on ALPHA!
 
Posted by KingSu on :
 
it's on yahoo
 
Posted by mbmaid on :
 
Not on Etrade. As a matter of fact, I haven't gotten any releases on Etrade for any pennies.
 
Posted by Murnak on :
 
E trade is slow on news... set up alerts on yahoo or market watch and get them when they hit the wire!
 
Posted by buckstalker on :
 
It is showing up on Alphatrade....
 
Posted by cobracobra on :
 
figures,,, sold it 2 days ago for a loss....
 
Posted by state780 on :
 
I use Yahoo when I'm checking for PLNI news. I'll try the link and see if it sticks:

http://finance.yahoo.com/q?s=plni.pk


It's there.
 
Posted by bond006 on :
 
The news came out over market wire my broker etrade does not pick that up for some reason so I check knobias every morning.
 
Posted by KingSu on :
 
old news but....

BLUELINX Adds Hotline For Plasticon Recycled Rebar Vendors
08/31/2005
LEXINGTON, KY -- (PRIMEZONE) Plasticon International Inc. announced that the BLUELINX Corporation has a new direct customer service line for vendors who are interested in Plasticon's patented rebar support products. BLUELINX Corporation, the largest building distribution company in the United States, serves as the exclusive domestic distributor of Plasticon's patented recycled rebar support products.
"Our relationship with the BLUELINX Corporation continues to grow, and we couldn't be more delighted," said Jim Turek, President and CEO of Plasticon International. "Our exclusive sales agreement with BlueLinx gives us a major competitive advantage in our sector. As we continue to build the relationship, we will of course strive to improve our products and services. With that in mind, we are announcing a new direct customer service line at BLUELINX for vendors who are interested in ordering Plasticon's patented line of rebar supports."

The Eastern Division of BLUELINX can be reached at 800-839-2588 (please ask for Michael Thornton - X 35547) or Thomas Fowler (ext-35562). The Western Division of BLUELINX can be reached at 800-830-7370 -- please ask for Mark Gariepy (ext-66069).

A map of the Eastern and Western divisions of the U.S. for BLUELINX Distribution can be seen on the BlueLinx Corporation web site at http://www.bluelinxco.com/ourProducts/ContactInfo.asp or on the Plasticon International web site at www.plasticonintl.com/distributormap.htm

For more information about Plasticon International, please visit the Plasticon International web site at www.plasticonintl.com
 
Posted by StockHunter on :
 
Well, I thought the PLNI PR was pretty lame, but it wasn't the most lame PR MAPPLE put out today. After reading the HISC PR I finally dumped it. I just can't read any more of Big Apple's hollow fluff. The HISC PR said California could solve a missing vehicles problem if only they used HISC's product. Of course the lack of any reference to an actual contact between the state and HISC, or any interest whatsoever is quite glaring.

The PLNI PRs have been marginally better, but still sound desperate to me. Like someone who feels they have to say something just so everyone knows they're still in the room. But if what you say isn't interesting, people will get tired of you. I'd rather see silence and hope for the best, than see these silly PRs touting capacity or hours of operation. Geez, as far as we know, they may already be running 6 days a week.
 
Posted by state780 on :
 
That HISC PR does sound lame (I'm not in HISC), but this PLNI PR looks pretty good to me. One problem: saying they'll go to 24 hour production 6 days a week is almost meaningless without knownig what it is now. (i.e. how much of an increase it will be). But they are talking about hard numbers (that darn well better be verified by the audit). And they keep restating the Nov. 9 closing date, and they'd be insane to make a promise like that if they didn't think they could keep it. The response isn't all that strong yet because of past letdowns and everyone is waiting for the audit.
 
Posted by Bearclaw on :
 
State...
I think they are running two shifts now...This adds a third shift...I'm trying now to find out if they are working five days or six...Does anyone know for sure...Chopper you know!!!!!Give us the scoop...
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
State...
I think they are running two shifts now...This adds a third shift...I'm trying now to find out if they are working five days or six...Does anyone know for sure...Chopper you know!!!!!Give us the scoop...

thanks bear.
 
Posted by StockHunter on :
 
We need hard sales and total backlog numbers for their construction products. They don't need the audit to give us an approximation with unaudited results.

The $1 million ProMold backlog might be what they normally run over there for all we know. That only comes to .00056 revenue/share anyway. Plus we still don't know how they are financing the move so its difficult to put a pps metric on the number.
 
Posted by Chopper on :
 
State and Bear,
Last I heard Plasticon was farming out all their work to 3 different factories. The volume of orders have jumped dramatically with the distribution partnership with Blue Linx and orders from RS Manufacturing. This sudden jump has overtaxed the production time share deals Plasticon had and hence the Immediate need for Pro Mold. I believe they will continue to have these other factories on line in addition to Pro Mold to meet the needs untill they expand Pro Mold and/or acquire another facility on one or both coasts. Yes and you read that right... Additional production facilities!
Pro Mold, Prior to the deal did not produce any of Plasticon's products and my intel says Plasticaon shipped several new molds to Pro Mold last week and are actually producing the product starting this week on the New Toyo injection mold machine.
If you checked in the St. Louis want ads a few weeks ago, Pro Mold was looking to hire additional Technicians, Engineers and Production line workers for a 3 shift work schedule to meet the ramp up of volume. Hmmmmmm
I believe I read somewhere that they were looking for additional factory and warehouse space as well. Sounds to me like some pretty serious stuff going on guys. I'm not worried at all on the IF factor of audits and aquisitions. It will happen.
GLTA
 
Posted by Bearclaw on :
 
OK ...so the production was with outside contractors...This added 6 day 3 shifts at ProMold will be on top of the existing production at the plants they are contracting with now...
The increase in production is hard to determine...We would need those numbers from PLNI...I think I have this right now...
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:

If you checked in the St. Louis want ads a few weeks ago, Pro Mold was looking to hire additional Technicians, Engineers and Production line workers for a 3 shift work schedule to meet the ramp up of volume. Hmmmmmm

Chopper,
Very good intel. I'm a big believer in looking at what they do, not what they say. Hiring for a new shift confirms the ramp up.
 
Posted by state780 on :
 
yes--super intel from Chopper.

And stock, $1 million in backlog for any pink sheet stock is impressive, even in light of how that translates across pps.
 
Posted by Bearclaw on :
 
Chopper...
Great info...thanks....I heard PLNI was looking at a facility across from Pro Mold...
appproximately 10,000 square feet....to take care of the added production needs...You have any intel on that...
 
Posted by Chopper on :
 
Bear,
I may have not made the answer very clear.

1. Pro Mold has not and did not produce any Plasticon products prior to the acquisition talks.

2. The 24/6 that was PR'd was in addition to the current plant production in the other factories. I believe production is scheduled to sart this week to establish a rhythm on the injection mold line and bring it up to full capacity by November 10th.

3 Pro Mold is already on a 24/6 production schedule with their current client base. Which means a current revenue stream of 5 million plus dollars.

4. What the increased capacity may be is hard to tell.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
yes--super intel from Chopper.

And stock, $1 million in backlog for any pink sheet stock is impressive, even in light of how that translates across pps.

Yes, its alot for a pink but for me its ALL about PPS. I believe this company is ramping up production, growing revenue and could become a large company one day. But the current low pps is the result of dilution and there's no way around that. From what I read [and naively believed] on the BBs and company PRs, I thought we would see under 1 billion o/s by now, not 1.8 billion. Since I am in this game to make money, this matters most to me.

When a company says one thing and does another, I worry about what they're not telling us and why. They have to finance these deals and that means either more shares or more debt. Dilution does not reduce gross profit but reduces profit per share and thus pps. Borrowing reduces net profit. Until we know the cost of financing these deals and any likely future changes to capitalization we really don't know what this company is worth. Thier poor record dangling carrots that are out of reach doesn't help much.

Read through the PRs for the past couple years then think back to the old "Our Gang" Little Rascals movies. What comes to mind?

Remember the donkey that used to pull their cart? They had a stick attached to the front of the cart with a carrot dangling from it in front of the donkey. The donkey kept plodding toward the carrot, but the carrot never got any closer.

Its time for this company to cut the string and let the donkey enjoy the carrot. Or at least take the carrot away so we can stop pulling the cart.
 
Posted by Thorn on :
 
I see an interesting metaphor hidden in your story, naming those who keep holding when they see that the carrot is not getting any closer. [Big Grin]

In other words, if you really see it in those terms and are still holding out, it isn't the carrot or the string that is the problem.
 
Posted by StockHunter on :
 
quote:
Originally posted by Thorn:
I see an interesting metaphor hidden in your story, naming those who keep holding when they see that the carrot is not getting any closer. [Big Grin]

In other words, if you really see it in those terms and are still holding out, it isn't the carrot or the string that is the problem.

Your criticism is well placed. I plead guilty to believing the timelines more than I should have. Missed many other opportunities out of fear of missing the big announcement here. I bailed out of one a few months ago, just to watch it jump over 100% that afternoon on an announcement. Guess the sting of that one influenced my holding here.

In all likelyhood, there will probably be plenty of upside left after buying audit news gap, so waiting and watching may not be a bad strategy.

I lightened up a few weeks ago [though not enough], but am holding some here because the charts show we're close to good support. Also, if the story is as strong as it appears, a big construction company may just take them out. In that case there will be no chance to get in after the news. [Just my opinion, not info or rumor].
 
Posted by bond006 on :
 
All it is going to take is pro mold going down and the audit figures after that.Semco would be nice and worth a bigger pps but it is not going to mean that much. If the first two things can be done in the month of Nov. on time Turek will have reclaimed his credibility and all will be fine. If not we are done for at least 6 months or longer. You would need nitro to get the pps up and this will be tradeing where i first bought in .003 and that was not that long ago. At one time wikland had a high of .45 and Mr. Turek managed to mouth it down then
 
Posted by Thorn on :
 
quote:
Originally posted by StockHunter:
... I bailed out of one a few months ago, just to watch it jump over 100% that afternoon on an announcement.

Ouch! My condolences. Still, I'd far rather get out and miss a run than stay in and catch a drop. [Wink]

Just don't kick yourself for missing that one, and end up holding more than you care to risk on this one.
 
Posted by cold_up_here on :
 
ouch...Told you guys I was bad luck! PPS is now below my original .0095 GTC order. EOD BS with PLNI continue's....Now VFIN has control. Looks to me like the MM's are tag-teaming PLNI. Bawhahahahahaha!!
 
Posted by Dagger Depot on :
 
Thats ok cold, dont bash this until next wednesday. I'm buying a big chunk on tuesday, and your bashing usually raises the pps. By next wednesday, I'll be fully loaded and ready to win (or lose) on the 7th.
 
Posted by JasonTT on :
 
start bashing again cold!
 
Posted by StockHunter on :
 
Yeah, VFIN came out of the blue yesterday and still putting the lid on. The volumes they're trading make me wonder if they are the new WDCO. MDAS was there again today as well [the Korean MM]. They've been gone for a while, but sold a bunch a couple months ago.

The charts won't mean much if new shares are being sold into the market.
 
Posted by buckstalker on :
 
IF NEW SHARES ARE BEING SOLD INTO THE MARKET?????


quote:
Originally posted by StockHunter:
Yeah, VFIN came out of the blue yesterday and still putting the lid on. The volumes they're trading make me wonder if they are the new WDCO. MDAS was there again today as well [the Korean MM]. They've been gone for a while, but sold a bunch a couple months ago.

The charts won't mean much if new shares are being sold into the market.


 
Posted by JasonTT on :
 
quote:
Originally posted by buckstalker:
IF NEW SHARES ARE BEING SOLD INTO THE MARKET?????


quote:
Originally posted by StockHunter:
Yeah, VFIN came out of the blue yesterday and still putting the lid on. The volumes they're trading make me wonder if they are the new WDCO. MDAS was there again today as well [the Korean MM]. They've been gone for a while, but sold a bunch a couple months ago.

The charts won't mean much if new shares are being sold into the market.


This is how rumors get started. StockHunter is doing nothing but speculating right now.
He has some valid points, but nothing is proven as of yet.
 
Posted by Chopper on :
 
OK, EVERYONE BACK ON YOUR MEDS AND COLD GET BACK TO HEAVY BASHING NEXT WEDNESDAY. LIGHT BASHING till then. All is calm the sky IS NOT FALLING!!!

Do you folks not remember the Share Buyback, Retirement and Restructure plan PR'd by Plasticon just 2 months ago? So why the heck would they dilute 200 Million shares when they they just retired them? This is the exact opposite of what was PR'd by them. You folks have way to much time on your hands to be posting all this DOOM and Gloom crap! Pull yourselves together, your starting to sound like a bunch of babbling IDIOTS.
Go call the company and report back some real DD. Or better yet send an email to the Green Baron and demand that they ask some real questions for their Cheerleader Webcast rather than the same old regurgitation Blah Blah Jim and Bill have been pumping for weeks!

John Wayne said it best in a poem he wrote: "The sky is blue the grass is green so get off your butt and join the Marines" Or in todays terms "Get er Done".

Here is the PR for you people with bad memories. Have a nice evening and Thank you for your support! [Big Grin]

Press Release Source: Plasticon International, Inc.

Plasticon International Inc. to Retire 200 Million Shares
Wednesday August 24, 8:30 am ET


LEXINGTON, Ky., Aug. 24, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that their Board has approved the retirement of 200 million shares, the first step in a process designed to decrease the total outstanding shares and increase shareholder value.

``We believe that the retirement of shares will add tremendous value for our shareholders,'' said Jim Turek, President and CEO of Plasticon International. ``This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares. We firmly believe that this is in the best interests of both our shareholders and the company.''

Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares.

The retirement of 200 million shares is in addition to positive earnings. Plasticon recently announced that it is profitable as of the second quarter in 2005. ``We believe that the retirement of shares will be significant as the first step in a process that should result in a better reflection of the value of Plasticon's shares,'' Mr. Turek concluded.
 
Posted by buckstalker on :
 
Hey Chop...how are things? OK...I'll give you the benefit of the doubt...if the company isn't diluting, then where in the hell are all of these shares coming from that have been being dumped on the market for the last two months?
Asking Turek isn't an option for me right now, as I don't believe a word that comes out of his mouth (been lied to one too many times)...any ideas???

P.S. My previous post was sarcastic...I also believe that the company is dumping shares...just my opinion though.
 
Posted by Chopper on :
 
Buck,
Nice to hear from you again, all is fine here. Send DEER JERKY my way buddy! LOL
The average daily volume is in between 7 and 21 million. If we used 14 million as the average per day for 2 months or 46 trading days that's only 644 million shares or only 144 million over the entire float. I watch this pup everyday and I don't see how in the world they could dilute based on the daily volume. It's hard to even flip 100-200k at that volume. I know a bunch of people that flipped a million shares several times in that time as I did on high volume days.... Soooooo I'm a little confused as to how we could be dumped on. As for the 600 million that appeared in the O/S, that came to be in the summer of 2004. Nothing has been done since that time except for the 200 million retirement.
With a 500 million float I really believe there are brokerage houses that are sitting on 20-50 million each at much lower levels than these and playing the flip game by running this thing 6-10 clicks up and down all day long. Nite,Schb,Tdcm,Jeff,Agis,Wdco,Mdas,Tasl and Etrd seem to be our main players that are taking money out of the weak hands and scaring the rest.
But who knows, LOL.
 
Posted by buckstalker on :
 
Hey Chop,
Well...like I said, I don't know for sure, but I have also been watching it very closely and what I am seeing everyday is a lot more buying than selling yet the pps keeps going down...that is usually a sure sign that shares are being dumped into the market...but by whom, I don't know.
Time will tell I guess, but WDCO and now VFIN sure seem to have a lot of shares to sell...

Now back to the important things in life...I shot an 8 point and a doe so far this season. I am going down to Pike County Illinois on a bowhunt next week, then a week of bowhunting in northern Michigan, and then a week of shotgun hunting in the thumb the week after that....soooo I won't be getting any jerky made until the end of November, but I'll let you know, and send you some as soon as it's out of the smoker...do you like barbecue or hickory? LOL

GLTY,
Buck
 
Posted by DQ. on :
 
Hey Buckstalker, I shot a big ten point with my bow at 25 yards. I was vibrating...had to wait about 20 min. for the shot but oooooooh he didn't like it went I finally got it off. Only went about 20 yards. Mmmm Mmmmm Backstrap!!

Now lets get this pps up and all will be great.
 
Posted by Chopper on :
 
Love Hickory and like BBQ as well. Nice Shooting you guys.
 
Posted by buckstalker on :
 
DQ
Congrats and "nice shot"... You guys have some deer down there that will make any man vibrate. Hopefully I will see one in Illinois that will shake me up a little...lol

Chop,
I'll send you some of both!
 
Posted by Dagger Depot on :
 
Plasticon to Complete Acquisition of SEMCO Manufacturing on November 17th
Thursday October 27, 8:30 am ET


CEO Jim Turek: SEMCO, a Pioneer of Resurfacing Technology, Will Be a Major Profit Center for Plasticon


LEXINGTON, KY--(MARKET WIRE)--Oct 27, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that the company will meet with SEMCO Manufacturing, Inc. on November 17th, 2005, to complete the privately financed acquisition.

"The final product review stage of SEMCO's surfacing technology is finished and we look forward to completing this acquisition on November 17th," said Jim Turek, President and CEO of Plasticon International, Inc. "This acquisition has generated a lot of excitement because the industry realizes that Plasticon's rebar support products and SEMCO's surfacing products, offered together, will represent the most advanced waterproofing solution in the marketplace today for the construction industry. SEMCO's products are recognized as the best of breed surfacing products and technology in the United States. SEMCO's reputation as a cutting-edge surfacing technology company has also extended oversees. As a result they have opened offices in Japan, China, Singapore, and Australia to meet demand."

Because SEMCO's advanced surfacing technology is both unique and essential, Mr. Turek believes that SEMCO Manufacturing will add tremendous value to Plasticon's bottom line. "SEMCO's water-based resurfacing products, which cross-link chemically to any material they are being bonded to, reinforces the density of virtually any surface, including concrete, tile and wood to name a few. There are almost endless applications for their cutting-edge products. That's why we are confident that SEMCO will be a major profit center for Plasticon."

According to Mr. Turek, Plasticon has already received serious inquiries from ten major licensees who are interested in distributing SEMCO's products. "Since our announcement about the letter of intent to acquire SEMCO, we have been inundated with phone calls and inquiries about SEMCO's product line. In fact, we already have ten potential regional licensees lined up to distribute SEMCO's products. The reason for this is simple: SEMCO's products are both essential and unique. They have the only product on the market which truly prevents water damage. This problem has always plagued the construction industry and costs the U.S. billions of dollars annually."

Mr. Turek noted that the product synergies with Plasticon's existing recycled plastic rebar support product line and SEMCO's surfacing products will allow Plasticon to immediately begin offering SEMCO's products to existing customers. "SEMCO's surfacing products add years to the life of the structure by eliminating the absorption of water into concrete. Until now, water damage has corroded the metal rebar support which has been used in bridge construction in the past. The combination of Plasticon's rebar supports, which are impervious to water because they are made from recycled plastic, and SEMCO's surfacing products, which completely waterproof the structure they are bonded to, is unprecedented in our sector," Mr. Turek said. "These two products, offered together, give Plasticon an enormous competitive advantage. We will be the only company in our sector that can offer a truly comprehensive waterproofing solution to the construction industry."

SEMCO Manufacturing, based in Las Vegas, Nevada, since 1981, has provided their surfacing products to many of the city's most impressive showcase projects, including the world-famous fountains at the Bellagio, Las Vegas's premier hotel-casino, the MGM Grand and The Venetian Hotel-Casino. Their eclectic customer base also includes high-profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is used on heavily trafficked walkways, in extreme outdoor weather conditions, in chlorinated pool water and on rugged exteriors.

For more information about the Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.
 
Posted by Dagger Depot on :
 
Next month should prove to be interesting if they meet their deadlines.
 
Posted by Chopper on :
 
Nice pick up on the PR Dagger. Now let's get er done! Cold Start Bashing Buddy.
 
Posted by JasonTT on :
 
Looks like November should be the month.
 
Posted by mbmaid on :
 
NOW is the time to get into PLNI. These levels are the lowest they will be. If one waits for the run, it might be too late. You'll be chasing it all the way to .02 and above.
 
Posted by state780 on :
 
That's a very big PR. I think we are in the early stages of turning the corner. The only alternative is that Turek is completely insane, and I don't think he is. What strikes me is that we now have two major deadlines announced--they simply cannot be pledging to complete transactions unless they're extremely confident.

Or, you know, insane.
 
Posted by ed19363 on :
 
Now where are the audited financials. That's all that is missing.
 
Posted by Dagger Depot on :
 
If both acquisitions close on the promised days, it could easily drive the pps well above $.02.

If the audit goes though after that, we could be seeing $.06+ by december.

Anyone disagree?
 
Posted by Thorn on :
 
quote:
Originally posted by Dagger Depot:
Next month should prove to be interesting if they meet their deadlines.

Or even if they don't [Razz] .
 
Posted by mbmaid on :
 
I think we'll see .05 by the end of November, and when audited financials come, it could go to 10-12 cents.
 
Posted by bond006 on :
 
Looks like people just don't believe Turek anymore.What bold pr's if he comes through on them you will never catch this stock,you will have to have been in it i really don't know how far it will go. In my opion a 50/50 gamble with this man. Something tells me this time he really knows what is riding on this one,and he knows the games are over now.
 
Posted by JasonTT on :
 
To me, if he wasn't certain about the Nov. 9th closing on ProMold, he wouldn't be pushing it like he has been in the past few PR's.

I don't blame people for not buying yet, but once Nov. 9th comes and they drop the PR saying they closed the deal. IMHO large buys will be pouring in through November. I say by the end of the year we will be very happy, even by the end of November.
 
Posted by Dagger Depot on :
 
If they close the deal on the 9th, it will show people that the 27th will happen too. Assuming the deal closes on the 9th, this thing is going up continuously from the 9th till around the 1st. After that, (assuming there's no audit news by then) it could drop quite a bit until Audit results. Would be a very risky swing trade, but well worth it if it pans out.
 
Posted by ed19363 on :
 
quote:
Originally posted by Dagger Depot:
If both acquisitions close on the promised days, it could easily drive the pps well above $.02.

If the audit goes though after that, we could be seeing $.06+ by december.

Anyone disagree?

I sort of disagree....I think it will take longer. Say 2Q 2006. It takes time for the dust to settle after any merger/buyout. IMO, the results wont show up until a couple of quarterly reports are made. But then, I'm not looking to sell and make a few pennies. I'll wait, because I think this stock has long-term possibilities.
 
Posted by Murnak on :
 
What a flip at this price................
 
Posted by johnny14511 on :
 
THIS IS AT .008 WTH
 
Posted by Dagger Depot on :
 
Man I wish I had the funds to trade this today. Grr! I'll be depositing funds in tomorrow, but they wont clear until next week!!
 
Posted by cold_up_here on :
 
....and everyone was laughing at my .0095 GTC order for almost 6 straight months! Bawhahahahahahaha!!
 
Posted by johnny14511 on :
 
quote:
Originally posted by cold_up_here:
....and everyone was laughing at my .0095 GTC order for almost 6 straight months! Bawhahahahahahaha!!

NOT ME

LOL
ILL BUY IN THE 5'S
 
Posted by RahzM1ght on :
 
THIS STOCK IS WORTHLESS IM SO ANGRY AT THIS POINT. HEARING TUREKS WORTHLESS MEETINGS ABOUT THIS COMPANY MAKING LEAPS AND BONDS AND WITH THE LIES ABOUT THE AUDIT RELEASE DATES. I LOST SO SO MUCH MONEY ON THIS STOCK AND EACH DAY ITS JUST DROPPING MORE AND MORE.
 
Posted by buckstalker on :
 
22 mil in volume...most of the trades were at the ask...pps goes down 11% = DILUTION
 
Posted by state780 on :
 
quote:
Originally posted by buckstalker:
22 mil in volume...most of the trades were at the ask...pps goes down 11% = DILUTION

It is peculiar. Today's announcement plus the earlier one about Promold are the two best pieces of news in quite awhile--and the Semco pr normally would have put to rest speculation that the deal had been scotched (since there hadn't been any news on it in so long).

Very strange. Also very "wet"--I'm deeply underwater now.
 
Posted by Bearclaw on :
 
Or Naked Shorting by VFIN...

quote:
Originally posted by buckstalker:
22 mil in volume...most of the trades were at the ask...pps goes down 11% = DILUTION


 
Posted by Thorn on :
 
quote:
Originally posted by Dagger Depot:
Man I wish I had the funds to trade this today. Grr! I'll be depositing funds in tomorrow, but they wont clear until next week!!

I bet you could wire the funds and have them immediately.
 
Posted by trainsite on :
 
Technically, several chart indicators are extremely low, with RSI under 30. Hoping for a bounce soon. Remember, buy into fear, sell into euphoria.

Nov. 9 will tell the tale for Turek and his company.
 
Posted by buckstalker on :
 
Not buying it Bear, not anymore....PLNI is diluting, plain and simple...the fluff PR's give it away...maybe they have a good reason, maybe not...but either way, it isn't fair to shareholders...period!


quote:
Originally posted by Bearclaw:
Or Naked Shorting by VFIN...

quote:
Originally posted by buckstalker:
22 mil in volume...most of the trades were at the ask...pps goes down 11% = DILUTION



 
Posted by bond006 on :
 
I hate to bring this up because i still carry a small position not like I had but I agree with the diluting it just all adds up and it is very simple if you take the love affair of the stock away. And with a pink you know what dilution is the first step to an R/S our ceo his credibility is a lot to be disired I know that he promissed not to but he also promissed a lot of other things
 
Posted by Bearclaw on :
 
Buck...

So your saying WDCO last week and VFIN this week are dumping diluted shares directed by Turek? Do I have that right?

I may buy that ...but...The only thing I don't get is the why? It doesn't add up Buck. The financing is completed for both ProMold and Semco...Why the dilution?


quote:
Originally posted by buckstalker:
Not buying it Bear, not anymore....PLNI is diluting, plain and simple...the fluff PR's give it away...maybe they have a good reason, maybe not...but either way, it isn't fair to shareholders...period!


quote:
Originally posted by Bearclaw:
Or Naked Shorting by VFIN...

quote:
Originally posted by buckstalker:
22 mil in volume...most of the trades were at the ask...pps goes down 11% = DILUTION




 
Posted by Bearclaw on :
 
Buck...
The MM's know this is an easy double or triple or more...If ProMold and Semco go through and the financials are released with all three it could be much more than a three bagger and the MM's know it...
I'd listen to the dilution theory if someone can give me one bit of evidence or need for the cash...
 
Posted by ed19363 on :
 
And they ask why I hate penny stocks....LOL
 
Posted by bond006 on :
 
Look even is something bad is in the works come Nov. a very short time away if everything goesdown like the say you will still make on this thats why i am not totaly out. I think there odds are in your favor that this will go down
 
Posted by Thorn on :
 
I thought about selling out, but I have such a small position on this one I don't mind riding it out. That is the great advantage of investing what you are willing to lose instead of what you are willing to gain.
 
Posted by buckstalker on :
 
Bear,
I don't know what is going on here any more than anyone else, but I think we can agree that it smells of either dilution or shorting.

Your saying that WDCO and VFIN are shorting right now, knowing full well that these aquisitions are going to take place next month, and that the pps will most likely rise when that happens...well that doesn't add up either...that's a hell of a gamble for the mm's unless they know something that we don't. Either way, this is NOT a good stock to be holding on to right now...because the pps is going to continue to decline, whether it be from shorting or dilution...IMO


quote:
Originally posted by Bearclaw:
Buck...

So your saying WDCO last week and VFIN this week are dumping diluted shares directed by Turek? Do I have that right?

I may buy that ...but...The only thing I don't get is the why? It doesn't add up Buck. The financing is completed for both ProMold and Semco...Why the dilution?


quote:
Originally posted by buckstalker:
Not buying it Bear, not anymore....PLNI is diluting, plain and simple...the fluff PR's give it away...maybe they have a good reason, maybe not...but either way, it isn't fair to shareholders...period!


quote:
Originally posted by Bearclaw:
Or Naked Shorting by VFIN...

quote:
Originally posted by buckstalker:
22 mil in volume...most of the trades were at the ask...pps goes down 11% = DILUTION





 
Posted by Thorn on :
 
quote:
Originally posted by Thorn:
I thought about selling out, but I have such a small position on this one I don't mind riding it out. That is the great advantage of investing what you are willing to lose instead of what you are willing to gain.

Silly me. I read my post, looked at the chart, and thought about what I just wrote...why should I go down with the stock? Buy back after the drop!
 
Posted by StockHunter on :
 
While there appears to be some retail dumping the past few days, the majority of sales are still coming from one or two sources [VFIN recently, WDCO before that].

The money does not correlate with the talk. The money is usually right, and has been for the past few weeks. We are now getting down to a level where the next move is not necessarily predicated on news, but on the completion of these sell programs.

We're down to levels where a single large investor can clear out this supply. [Matt, get out the rollodex]. It would not surprise me if someone took a shot here. A 5% stake in this company would only cost $720,000. If I see a clear buy program of 40 millions shares or more that takes out VFIN and WDCO I'll jump in behind them. I didn't follow the money on the way down, but will keep my eyes open for the other side of the coin.

Of course, if no one shows up, or if these sell programs are essential to the financing and completion of the deals/audit/etc... then times will continue to be tough. I hope I'm wrong about the sales being tied to company needs, but the PRs seem consistant with someone trying desperately to create demand. If the story is as good as they say, why not just shut up and let the real news move the stock when it gets here. No one believes these magic dates/intended meetings/planned buybacks/etc anymore.
 
Posted by Bearclaw on :
 
Buck...
Your gonna think I'm nuts but I'm buying right now!!!! Yes we agree that it smells.

I don't think it's risky at all for the MM's to be shorting. They have at least 5 days to cover and with the new person in charge at the SEC no one is checking up on their activities or gives a sheet...We all know that if we're trading in Pennyland..

I don't know if the brokers know things before you and I do...but...chances are it's easier for them to find out...Either way buddy...Penny's are Penny's...You take care and good luck...


quote:
Originally posted by buckstalker:
Bear,
I don't know what is going on here any more than anyone else, but I think we can agree that it smells of either dilution or shorting.

Your saying that WDCO and VFIN are shorting right now, knowing full well that these aquisitions are going to take place next month, and that the pps will most likely rise when that happens...well that doesn't add up either...that's a hell of a gamble for the mm's unless they know something that we don't. Either way, this is NOT a good stock to be holding on to right now...because the pps is going to continue to decline, whether it be from shorting or dilution...IMO


quote:
Originally posted by Bearclaw:
Buck...

So your saying WDCO last week and VFIN this week are dumping diluted shares directed by Turek? Do I have that right?

I may buy that ...but...The only thing I don't get is the why? It doesn't add up Buck. The financing is completed for both ProMold and Semco...Why the dilution?


quote:
Originally posted by buckstalker:
Not buying it Bear, not anymore....PLNI is diluting, plain and simple...the fluff PR's give it away...maybe they have a good reason, maybe not...but either way, it isn't fair to shareholders...period!


quote:
Originally posted by Bearclaw:
Or Naked Shorting by VFIN...

quote:
Originally posted by buckstalker:
22 mil in volume...most of the trades were at the ask...pps goes down 11% = DILUTION






 
Posted by trainsite on :
 
wow! some nice big block buys there.
 
Posted by StockHunter on :
 
Bear,

Price is at support, heavy volume, everyone pretty disgusted and capitulating... not a bad time to be a contrarian and pick up some shares.

Good Luck. And I REALLY mean it ;-)
 
Posted by cold_up_here on :
 
Again...Told you all I was bad luck! This has happened to every stock/bond/mutual fund that I have ever owned. Soon as I purchase, it tanks big time. Safe harbor or not a SEC investigation might be warranted here soon, if nothing stated in the many PR's materializes, Turek could be facing some jail time. Now what Chop?
 
Posted by Bearclaw on :
 
Hey Stock...
All in now for the ride...Very heavy volume ...almost 3X's the 10 day average...
Hope your well buddy...

quote:
Originally posted by StockHunter:
Bear,

Price is at support, heavy volume, everyone pretty disgusted and capitulating... not a bad time to be a contrarian and pick up some shares.

Good Luck. And I REALLY mean it ;-)


 
Posted by StockHunter on :
 
quote:
Originally posted by cold_up_here:
Again...Told you all I was bad luck! This has happened to every stock/bond/mutual fund that I have ever owned. Soon as I purchase, it tanks big time.

Well, actually it wasn't as "soon as I purchase". You did a lot better than many of us. At least you got in about 45% below its highs. Very few people buy the exact bottom [unless you average down]. Good Luck.
 
Posted by Felicia Gomez on :
 
How did I know that this imminent R\S is coming?? I'm an MM. You all got screwed. Like I said before, get out now before your losses are 90%.
 
Posted by JasonTT on :
 
quote:
Originally posted by Felicia Gomez:
How did I know that this imminent R\S is coming?? I'm an MM. You all got screwed. Like I said before, get out now before your losses are 90%.

lol - at least we have some humor here.
 
Posted by Thorn on :
 
What do you use the initials "MM" to stand for?
 
Posted by Chopper on :
 
Thorn,
In the case of felicia goofball it means Malicious Maniac... However in stock terminology it means Market Maker.
 
Posted by Chopper on :
 
This was from Tangs on the RB board. I enjoyed the humor today.

The Turek Plan:

15 years ago Jim Turek is sitting in his living room and says "I have an idea, lets take my company to the pinks, and then I will wait 14 years to scam Shorts_in_the_Sand and Snake out of their money". I will take my life's work and my family's name and fortune and give it all away after 15 years so that I can take a vacation to Spain and buy a 2005 Chevy Cobalt. You people are idiots.
 
Posted by Chopper on :
 
The Nasdaq Risk Metrics keep getting Lower and Lower folks. It is currently at 471 and was at 503 last week.
I couldn't resist and picked up some more today. Hey Bear the bargain basement sale is just to good to pass up. GLTA

http://www.nasdaq.com/services/riskMetrics.stm?&tickers=PLNI
 
Posted by Bearclaw on :
 
Chopper...
I got some more late this afternoon...I'm all in now...Glad to hear you went to the sale too...
Now lets get this puppy moving again...

quote:
Originally posted by Chopper:
The Nasdaq Risk Metrics keep getting Lower and Lower folks. It is currently at 471 and was at 503 last week.
I couldn't resist and picked up some more today. Hey Bear the bargain basement sale is just to good to pass up. GLTA


 
Posted by JasonTT on :
 
LOL chopper that was great!
 
Posted by amos moses on :
 
CHOPPER: I completely agree with you. I think this is going to grow like Jack's bean stock, right through the roof.
 
Posted by U4TSAF2 on :
 
OH THE AUDIT WILL BE COMPLETED. WE HAVE THIS ACCOUNT, WE ARE SELLING THIS AND TONS OF THAT.

WE ARE CONCERNED FOR OUR SHAREHOLDERS.

BUYBACKS, MERGERS, ETC.ETC.ETC.

.0083

DON'T WORRY JIMBO, ALL YOUR MESSAGE BOARD FANS WILL IGNORE THE OBVIOUS AND KEEP PUMPING HOW GREAT OF A JOB YOUR DOING....
 
Posted by Bearclaw on :
 
U4...
Maybe next you'll be suggesting a shareholder takeover like you did with Frank Olson on QBID...Is it still a $20.00 fee you want to charge? Problem is I think Jimbo can pull the 51% together...funny stuff..
You coming here for a change of pace? You could just cut and past the QBID remarks and enter PLNI instead...Your opinion of the two is about the same...IMO

quote:
Originally posted by U4TSAF2:
OH THE AUDIT WILL BE COMPLETED. WE HAVE THIS ACCOUNT, WE ARE SELLING THIS AND TONS OF THAT.

WE ARE CONCERNED FOR OUR SHAREHOLDERS.

BUYBACKS, MERGERS, ETC.ETC.ETC.

.0083

DON'T WORRY JIMBO, ALL YOUR MESSAGE BOARD FANS WILL IGNORE THE OBVIOUS AND KEEP PUMPING HOW GREAT OF A JOB YOUR DOING....


 
Posted by Highwaychild on :
 
Could be good for bounce tomorrow. RSI went below 30, I don't think it'll stay at that too long. Alot of people invested in this are still getting in from work, and just seeing todays pr and now pulling up the charts.
 
Posted by Stock Jockey on :
 
Critics say Sarbanes-Oxley's costs are too high
Monday, October 17, 2005

By Deborah Solomon, The Wall Street Journal


Four years ago, TeleCommunication Systems Inc., a wireless-data provider in Annapolis, Md., paid $250,000 to its outside accounting firm for an audit and other services. Last year, it paid more than $900,000.

The reason for the increase? The 2002 Sarbanes-Oxley Act.

When Congress ushered in the landmark corporate-reform legislation, much was said about its potential for improving governance and preventing a repeat of the rash of financial fraud that wreaked havoc on investors' pocketbooks in recent years. Three years later, regulators, legislators and many executives agree much of the law was needed.

But some critics also now argue that the costs of implementing key provisions of the law are beginning to exceed the benefits. Indeed, studies show that companies are paying bills that far outpace what regulators had predicted, prompting some -- particularly small businesses -- to argue that they can't afford the expense.

"The cost for smaller companies is enormous compared with what they earn, and they just don't have the resources to do the amount of detail that's been required," says Colleen Sayther Cunningham, chief executive of Financial Executives International, a Florham Park, N.J., advocacy group for financial executives.

In response to concerns about the costs for smaller businesses, the Securities and Exchange Commission has delayed implementation of a key section of Sarbanes-Oxley -- the internal-controls assessment requirements, known as Rule 404 -- until 2007 for companies with less than $75 million in market capitalization. Companies with less than $100 million in market capitalization, meanwhile, said in a survey by Financial Executives International last March that they expected to pay an average of more than $820,000 to comply with the internal-controls rule. And for companies with revenue of less than $1 billion, a January 2005 survey by the law firm Foley & Lardner LLP estimated that the average annual cost of being a public company in fiscal 2004 more than tripled since Sarbanes-Oxley was passed, to $3.4 million, with audit fees representing about a third of total costs.

According to the study, which based its conclusions on on analysis of proxy statements from more than 700 public companies, audit fees for companies in the Standard & Poor's Small-Cap 600 index surged an average of 84 percent in fiscal 2004, following increases of 17 percent in 2003 and 34 percent in 2002. Similarly, fees at S&P Mid-Cap 400 companies jumped 92 percent for 2004, while fees at S&P 500 companies rose 55 percent.

While Sarbanes-Oxley makes other requirements of public companies, such as setting up whistleblower hot lines and ensuring the presence of independent board members, by far the biggest part of compliance costs are those associated with Rule 404. The rule requires public companies to perform internal reviews of their control systems, then hire an outside auditor to verify the review's findings. Critis say this results in a duplication of efforts -- and a doubling of companies' costs.

"There's a lot of redundancy," says Alex Davern, chief financial officer at National Instruments Corp., Austin, Texas, and chairman of the Washington-based American Electronics Association's committee to reform Rule 404. "The external auditor comes along and retests" everything that management has already looked at, says Mr. Davern.

While no one disputes that strong controls are important, critics such as Mr. Davern say Rule 404 is overly burdensome. "The benefits of the rule remain completely unproven," says Mr. Davern. "Shareholders have never had an opportunity to vote that this is a good use of money. We are taxing shareholders without giving them any representation."

The mounting costs have prompted some public companies to consider taking their businesses private. Last month, Meredith Enterprises Inc., a real-estate investment trust with $13.3 million in market capitalization, filed an application with the SEC to delist its shares from the American Stock Exchange, citing, in part, increased costs attributed to Rule 404. In a survey of 147 public companies, Foley & Lardner, the New York law firm, found that 20 percent of respondents said they were considering going private, up from 13 percent in 2003. Respondents also indicated they were increasingly considering other options in response to increased corporate-governance and public-disclosure requirements, including selling the company (10 percent, up from 6 percent) or merging with another company (14 percent, up from 7 percent).

Annual Sarbanes-Oxley compliance bills for an individual company can add up to anywhere from a few hundred thousand dollars to more than $8 million, depending on the company's size. In a report commissioned by the Big Four accounting firms earlier this year, a survey of 90 large companies found that companies surveyed spent an average of $7.8 million, with audit fees accounting for about a quarter of the cost.

The process is expensive because companies must commit staff to determining everything from how revenue is collected to who possesses keys for offices around the globe. Many companies, particularly smaller firms, don't have enough staff, technology or expertise to perform such detailed reviews and end up outsourcing some or all this work to a consulting firm. Then, an outside auditor still must be hired.

A compliance industry has sprung up to service the demands created by Sarbanes-Oxley. While many of the consulting companies involved are privately held, those that are publicly traded or owned by a public parent are reporting strong sales. In July, Robert Half International Inc. reported record second-quarter revenue, boosted in part by the success of its Protiviti unit, a provider of internal audit and risk-consulting services. Revenue at Protiviti increased 52 percent to $111,908 from $73,449 in 2004.

The sector is so hot there are now conferences sponsored by the companies that offer these services. "It's beyond a cottage industry at this point," says Patrick McGurn, an executive vice president of Institutional Shareholder Services, a proxy-advisory firm based in Rockville, Md.

But it's a boom that may not last long. Some Sarbanes-Oxley costs are expected to decline as businesses move beyond the first few years of implementation. The study by the Big Four firms, for example, predicted that costs will fall on average about 46 percent within a few years.

Still, that's little relief right now. Responding to the concerns of small businesses, the SEC has established a small-business advisory committee to look into what type of relief -- if any -- smaller companies should receive. Meanwhile, to help contain costs, the SEC, along with the Washington-based Public Company Accounting Oversight Board, has issued guidance reminding auditors to use common sense in monitoring compliance efforts and not to adopt a one-size-fits-all interpretation of the rule.
 
Posted by imakmony2005 on :
 
chopper, Has got it right.
 
Posted by corndo on :
 
115K * 2:00 was CORNDO!!
Locked and hopefully loaded with these added shares for the validation of Mr. Tureks credibility. Let's ride.
 
Posted by $Keith$ on :
 
WOW!!! I have been out of the country for the last 2 weeks and I have not had much internet access, and I can't believe my eyes...COLD HAS GOT HIS FILL AND SOME!!!!
 
Posted by Thorn on :
 
quote:
Originally posted by Chopper:
Thorn,
In the case of felicia goofball it means Malicious Maniac... However in stock terminology it means Market Maker.

Heh. I know what it normally means on these boards... [Razz]
 
Posted by cold_up_here on :
 
Good rule of thumb...When in doubt, throw it out! So, if Plasticon International changes its name(I believe it will make it the third name change) to say, Plasticon International Holding Group or maybe Promold Deluxe Incorporated. That should do the trick!

BTW- Let's revert back to thy old days! Sound good? OK then, in case I forget later a summary of today's action can be found here ~~~~~~~~~Bawhahahahahahahaha!!!!
 
Posted by GVMOORE on :
 
Loading the boat in 5 hrs. Extra pumps on board
if needed. Cold your luck is about to change.
Be ready. GLTA.
 
Posted by KingSu on :
 
Press Release Source: Plasticon International Inc


CEO Webcast Featuring Plasticon CEO Jim Turek Will Be Featured on *************.com on Monday, October 31
Friday October 28, 8:30 am ET


LEXINGTON, KY--(MARKET WIRE)--Oct 28, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that Plasticon President and CEO Jim Turek and senior consultant Bill Howe will be featured on www.*************.com in an exclusive CEO webcast on Monday October 31st. The webcast will offer new and existing shareholders an opportunity to learn about exciting recent developments with the company.
The webcast was conducted by Evergreen Marketing, Inc. and their subsidiary *************.com and will be available for listening on The Green Baron Investors Society's website at www.*************.com. For more information about Evergreen Marketing, Inc. and their subsidiary The Green Baron Investors Society visit them on the web at www.EvergreenMarketingInc.com and www.*************.com.

For more information about the Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

ADVERTISEMENT


Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.
 
Posted by Dagger Depot on :
 
*fart*
 
Posted by Dagger Depot on :
 
Sorry, these PR's must be high in fiber. I get gassy every time I try to chew on them.
 
Posted by JasonTT on :
 
More fluff from green baron.
 
Posted by ed19363 on :
 
Those interviewers are WAY too friendly. If it was me, I'd tie them to a chair and not let them loose until they came up with a firm date for the audit. This is BS. If they are waiting until after the deal closings, then why not SAY that. If they really dont know a date, then IMO these guys dont know how to run a company.
And if it's the fault of the audit company, then I'd be kickin azz and takin names.
 
Posted by Jerm on :
 
lol... of course they are "friendly", they are paid advertising... maybe someday we'll get the real PR. :-(
 
Posted by StockHunter on :
 
Green Baron and the radio shows are just infomercials.

What is the purpose of an infomercial? To sell a product.

Are these infomercials targeted to selling plastic rebar supports? No. So what are they pushing? Stock?

Here is the most important paragraph in all their PRs. I suggest reading this carefully and thinking about its implications regarding what they tell us and your investment decisions.

"Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements. "

I copyied this from their most recent PR so you'll notice the same typo "whish" v. "which" that appears in all thier recent PRs. [Okay, so I'm nitpicking, but it makes them look unprofessional]
 
Posted by KingSu on :
 
4 consecutive PRs in one week...that's just STOOPID and all garbage too...thought this Mapple guy was supposed to be good...seems more like a moron than anything else
 
Posted by trainsite on :
 
BOOOOOOOING!
 
Posted by bond006 on :
 
The Green Baron and all the other pr's at this point are just over done i wish they would work but they don't anymore. All they have to do is results on something it just that simple. Get Pro Mold, Get Semco,and explain to your share holder the real reason and how it is going to benifit them ti wait for an audit then give some sales figures. Folks this is not rocket science it more human relations 101 and credibility and being somewhat transparent
 
Posted by Bearclaw on :
 
It seems Apple's thinking is to keep PLNI's name out there until the deals your talking about...I have no opinion on if this approach will help next month or not...I guess we'll know if a bunch of new buyers jump in when the deals are announced...

...
quote:
Originally posted by bond006:
The Green Baron and all the other pr's at this point are just over done i wish they would work but they don't anymore. All they have to do is results on something it just that simple. Get Pro Mold, Get Semco,and explain to your share holder the real reason and how it is going to benifit them ti wait for an audit then give some sales figures. Folks this is not rocket science it more human relations 101 and credibility and being somewhat transparent


 
Posted by bond006 on :
 
One thing about the Green Baron weather you like them or not because there is a lot to dislike about them, but they do have growing numbers of members beyound beliefe. I think it stands now of over 650,000 to date it is hard to get that type of exposer anywhere else
 
Posted by Chopper on :
 
Here is the Evergreen marketing website with a nice pump for our stock. LOL

http://www.pinksheets.com/quote/quote.jsp?symbol=PLNI
 
Posted by Dagger Depot on :
 
quote:
Originally posted by StockHunter:

I copyied this from their most recent PR so you'll notice the same typo "whish" v. "which" that appears in all thier recent PRs. [Okay, so I'm nitpicking, but it makes them look unprofessional]

They have been throwin out typos in HISC too. Did anyone catch the PR about how HISC's products could eliminate California's vehicle loss dilemma? How friggin lame is that? Way to go apple....
*fart*
 
Posted by U4TSAF2 on :
 
.0081

OH YEAH JIMBO, WHY DON'T YOU TELL US ABOUT ANOTHER SUPPLIER. HOW ABOUT THEM BUYBACKS.

HOW'S THAT AUDIT GOING AND UPGRADE TO NASDAQ.
 
Posted by bond006 on :
 
hey u4 nice to see you again did you ever get in plni
 
Posted by cold_up_here on :
 
Can't even get an up day anymore! Same crap different day....now we are walking into a 6 month low! Bawhahahahahahaha!!!
 
Posted by johnny14511 on :
 
anybody have something they want to get off their chest concerning mr. turek
 
Posted by bond006 on :
 
Who's that Mr. Jim Goodyear Turek
 
Posted by bond006 on :
 
All I can say is he is financing Pro Mold and Semco I hope he wasn't using his stock as an asset to qualify for a loan.
 
Posted by buckstalker on :
 
Bond...That is precisely what he is doing...IMO
 
Posted by cold_up_here on :
 
.0079 now...and I was the pessimistic one at .0095 What a mess!
 
Posted by shortnite on :
 
I'm ready to flush this turd.
 
Posted by shortnite on :
 
look out below.
 
Posted by bond006 on :
 
O-boy shes dropping now
 
Posted by rangers684 on :
 
When will bleeding stop?
 
Posted by rangers684 on :
 
Company is now worth less than 15 mill.
 
Posted by StockHunter on :
 
quote:
Originally posted by Dagger Depot:
quote:
Originally posted by StockHunter:

I copyied this from their most recent PR so you'll notice the same typo "whish" v. "which" that appears in all thier recent PRs. [Okay, so I'm nitpicking, but it makes them look unprofessional]

They have been throwin out typos in HISC too. Did anyone catch the PR about how HISC's products could eliminate California's vehicle loss dilemma? How friggin lame is that? Way to go apple....
*fart*

Yeah Dagger, I commented on that lame HISC PR when it came out. In fact, I dumped my remaining HISC shares that morning. Its not that HISC is a bad company, but if they don't fire Big Apple Consulting [their PR/promotion firm] that says they're not totally on the ball.

I talked to Matt at BAC about the quality of PRs, suggesting he not issue any fluff on PLNI since it could hurt their credibility. As an example, I brought up a ridiculious PR he put out on HISC that kept me from buying at the time. Some automated technical analysis site that gives percent buy ratings based on moving averages had reached 100% on HISC. So Matt puts out a PR touting this achievement as if Goldman Sach put out a strong buy. What a joke! Matt took offense, saying I shouldn't judge all his work based on just one PR. Of course, it wasn't just the one as we all see every week around here.
 
Posted by GVMOORE on :
 
Getting cold down here. Order filled
* 80 with my last 2k. Know a good nut
farm I can check into.
 
Posted by bond006 on :
 
Hey stock Hunter you said you wanted to buy the joint are we getting close?
 
Posted by clbgroove on :
 
Sucks to be us!!!!!!

Anybody figure out where all these F-ing shares are coming from yet?????
 
Posted by bond006 on :
 
My Granddaddy told me when i was 5 years old when a horse is dead quit trying to ride it. I guess I never learned from him.
 
Posted by clbgroove on :
 
First sign was when Mapple came on board.....should have dumped then cause all the crimanals seem to come out of Florida!!

Its probably BAC dumping all thier shares they recieved for the pumping or it could be the 3.1 Billion Authorized shares by the comapnay and they are diluting!!! Either way its not looking real good. Hopefully this is just the BIG WALKDOWN before the run up in the past!!
 
Posted by StockHunter on :
 
The irony of this whole road show/informercial strategy of creating demand for the stock is it has resulted in a huge number of shares these promoters now have to dump on the market.

From the Green Baron disclaimer:

"We have received 18,500,000 shares of free trading common stock from a consultant of Plasticon International, Inc. (PLNI); Evergreen Marketing acquired an additional 10,849,829 shares of PLNI through private market purchase and finders fees. Evergreen Marketing partners acquired a total of 9,993,106 through private market purchases."

"We may sell our shares at any time, without notice, be that before, during or immediately after the release of this material."
"These positions may be liquidated, without prior notification, even after we have made positive comments regarding these companies."

How many shares did they give out for the NY and Spain road shows? How many to American Scene radio & Money Channel? Wouldn't if be ironic if the company isn't actually selling shares to finance their business, but giving away the shop to promoters who are depressing the stock by dumping the shares.

If they each get what GB got, about 50 million, there may be over 200 million shares being distributed from these sources alone. Yuck.
 
Posted by GVMOORE on :
 
Having my last bowl of crow soup sitting by
Bond's dead horse. What a day.
 
Posted by shortnite on :
 
The big flush has begun.
 
Posted by StockHunter on :
 
Correcting myself. Green Baron has about 40 million shares, not 50 million [18.5+10.8 + 10]. All my positions are going against me today so my brain is starting to malfunction.
 
Posted by StockHunter on :
 
quote:
Originally posted by bond006:
Hey stock Hunter you said you wanted to buy the joint are we getting close?

Well, actually I said a big investor could buy 5% for about 720K. Today that's down to 680K. Or a construction company may be tempted to take them out at these prices. I'm up to doing it myself, but they'd have to accept a (seriously) post dated check.

Maybe we can pool all our resources and make a tender offer. Or better yet, we can create a stock promotion firm complete with website, radio show and periodic microcap conferences. Then Mr. Turek will just give us all the company stock in return for promoting it.
 
Posted by trainsite on :
 
MM's must be loving this
 
Posted by Bearclaw on :
 
This site is starting to sound like a Special Ed Class over on RB...
 
Posted by shortnite on :
 
Stock...
By Monday morning we should be able to buy 5% for 5k.
I have $1.37 and a coupon to Wendy's maybe I can be an owner too.
 
Posted by JasonTT on :
 
quote:
Originally posted by Bearclaw:
This site is starting to sound like a Special Ed Class over on RB...

I would have to agree.
 
Posted by shortnite on :
 
Bear,Jason...
You are right and it's my fault. I'm getting tired of watching this nose dive. There is no reason for the current pps. Just venting a little before the weekend.
 
Posted by clbgroove on :
 
Look at the bright side guys we only have a possible more 1.2 Billion they can drop on us to get to the A/S max and .0069 more clicks till its the next QBID!!!!!!
 
Posted by trainsite on :
 
Ok boys, where's the bottom? Several chart indicators looking mighty low right now.
 
Posted by Bearclaw on :
 
Short...
I know your frustrated...Vent all you like...If folks are staying in for the long haul and have been watching...This will happen again. If you recognize the signs on the front end then it's a perfect opportunity to Swing Trade in the future...Try and use this time to plan a swing in the future and make some major bank...
Short...

I've been buying back in for the last week at different levels and was all in yesterday...This from a PPS almost double what it is now...PLNI is a perfect stock for Swing Trading and will be for a long time...Until they want to move to the American Exchange...That could be 18 months or more down the road IMO...Good luck

quote:
Originally posted by shortnite:
Bear,Jason...
You are right and it's my fault. I'm getting tired of watching this nose dive. There is no reason for the current pps. Just venting a little before the weekend.


 
Posted by shortnite on :
 
.0035
 
Posted by shortnite on :
 
Bear...
I don't have the skills or the gut to swing. I've been riding this to the moon and back down again. I just have that feeling like our time is just around the corner, and I've been around the same block about 30 times. Good luck to you.
 
Posted by Bearclaw on :
 
Short...
If you've been around the block 30 times then you have the skills!!!! You've paid your tuition and you know this stock...All you need is an L2 Service...and

THE WILLINGNESS TO PULL THE TRIGGER !!!!!!!!
 
Posted by shortnite on :
 
I watch the L2s like a crack addict, but I have a good sum invested in this stock and get a little nervous about missing the pop. I do lack the willingness to pull the trigger.
 
Posted by Bilo86 on :
 
cashed in today. sold at .0073 from my inital .017

unbelievable this stock
 
Posted by mbmaid on :
 
I think this is MM manipulation due to a big run bound to happen in the near future. They shaking out weak hands, buying shares that will make them money when November 9 & 17 come.
 
Posted by johnny14511 on :
 
IM TELLING YOU BUY IN THE .005'S
 
Posted by Bilo86 on :
 
ive been hearing of big runs since june
 
Posted by JasonTT on :
 
I believe you made a mistake Bilo. Why sell with November 9th coming up?
I bought in at .017 as well, but I still think that I can sell for a profit soon.
Best of luck to you.
 
Posted by StockHunter on :
 
On the plus side, the volume of posts as well as stock volume is spiking here. That's usually a sign of a turn. Add in the usual Friday downside bias for pinks, and this is probably a good entry point.
 
Posted by johnny14511 on :
 
quote:
Originally posted by Bilo86:
ive been hearing of big runs since june

LOL

ME TOO

I BOUGHT AT .0122 AND SLOD AT .011
 
Posted by ed19363 on :
 
Well, that sucked.
 
Posted by Bilo86 on :
 
I hear you Jason. It sucks buying in there and watching this thing for so long. But it looks like a replica of QBID...all these good PR's and dropping PPS. Well see if it keeps dropping I may get back in.
 
Posted by trainsite on :
 
Yes we're angry, but at the same time, I hope we can stop bashing this today. Turek has some things to prove to us here, but we don't need to help to kill the d*mn stock.

...and please! PLNI in NO WAY is any replica of QBID!
 
Posted by bond006 on :
 
Ok you guys this is going to test our metal. The glass can be half full or half empty. Its good for the soul when things don't look good to have a few laughs like we did. But now is the time to make profits i have followed Truek for a while now and when the job has to get done he can do it the man knows how to run. I myself am getting ready to get back in heavy like i did the first time. Thats where i am coming from i will see monday what it looks like and most liklly that will be the day.glta and have a good weekend
 
Posted by mbmaid on :
 
Let me tell you, this thing can and will run like a robber from the cops when November 9 comes... Turek will make his date this time.

5 cents by the end of November.
 
Posted by StockHunter on :
 
quote:
Originally posted by clbgroove:


Its probably BAC dumping all thier shares they recieved for the pumping or it could be the 3.1 Billion Authorized shares by the comapnay and they are diluting!!!

Authorized shares are 2.0 Billion, not 3.1B. Unless I'm missing something, they have to go to shareholders for a vote in order to increase that number. Total value of company is $15.8 Billion.

I'm used to trading fully reporting companies, so there may be some special rules for pinks that I'm not aware of. Can a pink create a convertible security, or back a loan with shares, in such a way that it dilutes beyond the authorized share count without a vote of the shareholders or a pre-announcement?

I'd be very surprised if this was legal, but thought I'd ask the board in case someone has relative knowledge or experience. Matt at Big Apple confirmed that they'd need a public vote to increase authorized shares, but I want to make sure there isn't a creative way around this that could be dilutive to shareholders.
 
Posted by Bearclaw on :
 
Stock...
None that I know of. My understanding is the same as yours...Anyone want to bet a cigar that the ProMold deal happens earlier than November 9th? I think it could come anytime now that the MM pigs got what they wanted. If they walk it down all next week them I'd probably owe you a cigar. Any long shot cigar betters?
Have a great weekend...
 
Posted by StockHunter on :
 
uh, that should read "Total value of company is $15.8 Million" not billion. Freudian slip.
 
Posted by mbmaid on :
 
You may be right Bearclaw. Turek may have given himself some breathing room to get it done sooner.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stock...
None that I know of. My understanding is the same as yours...Anyone want to bet a cigar that the ProMold deal happens earlier than November 9th? I think it could come anytime now that the MM pigs got what they wanted. If they walk it down all next week them I'd probably owe you a cigar. Any long shot cigar betters?
Have a great weekend...

Thanks Bear,

I figured if anyone had a bad experience in this area I'd hear about it. As for ProMold date, I'll pass on the bet since I don't smoke cigars. [Okay, I'm a coward]. Actually, I don't think ProMold date is that critical to pps. I think its mostly priced into the market. You don't put your new injection mold into a plant you're not going to close on. Past history would argue on them being late again, but they can't be late forever. They also gave themselves a big cushion, so you may be right about news coming early.

I think Semco is a bigger deal actually. ProMold is adding capacity, which they would do one way or another anyway. Semco adds a significant offering to their product mix. I can see Semco being as big or bigger than rebar supports eventually. The synergies are exciting with their sales channels. If they announce the Semco closing on time it should bring a significant bounce. I just hope Mapple has the sense to put it out on Dow Jones or PR newswire when the time comes.
 
Posted by clbgroove on :
 
quote:
Originally posted by StockHunter:
quote:
Originally posted by clbgroove:


Its probably BAC dumping all thier shares they recieved for the pumping or it could be the 3.1 Billion Authorized shares by the comapnay and they are diluting!!!

Authorized shares are 2.0 Billion, not 3.1B. Unless I'm missing something, they have to go to shareholders for a vote in order to increase that number. Total value of company is $15.8 Billion.

I'm used to trading fully reporting companies, so there may be some special rules for pinks that I'm not aware of. Can a pink create a convertible security, or back a loan with shares, in such a way that it dilutes beyond the authorized share count without a vote of the shareholders or a pre-announcement?

I'd be very surprised if this was legal, but thought I'd ask the board in case someone has relative knowledge or experience. Matt at Big Apple confirmed that they'd need a public vote to increase authorized shares, but I want to make sure there isn't a creative way around this that could be dilutive to shareholders.

Well guys....I hate to be the bearer of bad news after such a shi**y week and close but the A/S count is FOR SURE 3 Billion common with an additional 100 Million of preferred stock per the filing in Wyoming.......the bad part is it was dated 4/15/05(management signed it on 4/11/05) and i have a copy in my hand from the state with thier fax stamp on it. Furthermore they have it listed right there on the website but you have to get the actual amendment faxed to you which I have.

The worst part is I asked Matt about the A/S 3 times in three different phone calls so either he is a lying POS or someone is lying to him(which i seriously doubt cause this isnt his first day)he seems like the average smoke blowing salesman is how he comes across to me!!!

And for the people who dont know me, go back and reread some posts cause I have been here for a long time and 100% long term and positive BUT i am getting real real nervous and I hope this was all planned by management to either buy back some shares or slap NITE and the boys or something other than they just got in way to deep!!!!!

IMO thats what the audit hold up is....they have to disclose the total O/S and Authorized and they cant do that cause theres a problem and they know it.

We'll either go above .02 after the 2 deals close or we are done for a long 2-3 quarters and some confidence built back up from shareholders!!

Have a good weekend and stay positive
 
Posted by cold_up_here on :
 
I feel as if we all been raped! I fail to believe it! My gut is telling me that the dirty MM's are doing the typical 'walk-down' before the big run. I wasn't anticipating a capitulation type scenario for PLNI. Errrrrrrrrrrrrrrrrrrrrrr!!

That share retirement is still stuck in my head~"The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares". Well, Turek was right! It's closer to the actual value. He didn't indicate whether it would be positive or negatively adjustment to the PPS.

Maybe I should bail so I can save all the investors here! I may have cursed the heck out of this stock by buying back bigtime. Darn it all!!
 
Posted by McT on :
 
Does anyone know of a press release that states the A/S count? I don't understand how we could all have been going under the 1.8B share count to find out now its 3.1B. Was the 1.8B ever confirmed in a press release or other formal document?
 
Posted by Bearclaw on :
 
Clb...
A/S...Authorized shares are different the O/S Outstanding Shares...
The 1.8 Billion discussed were O/S with a float of 500 million.
Nothings changed...
 
Posted by cold_up_here on :
 
Larry Oakley stated~ This is another winning situation. CEO Jim Turek has transformed an industry. The revenue & profit potential of this situation is quite substantial. With about 95% of the $30 billion market for its plastic rebar supports still available, the size of the market is huge.

There are about 2 billion shares out, insiders own about 80%, & the float is about 500 million shares. As I write this today (8/30/2005 * 3:02 p.m.), it is trading at a modest $0.015.

Nothing in regards to A/S
 
Posted by buckstalker on :
 
CLB...I believe you...it all makes sense now...I knew that those dirty SOB's were diluting.
Bear...the AS has been reported as 2 bil not 3 bil and the OS 1.8 bil after a 200 mil buyback.
Privately financed my ass...Turek and company are nothing but blatant liars...and using our money to finance his deals...IMO this company has some serious legal problems awaiting them in the very near term...lying in PR's is most definately a crime!

quote:
Originally posted by clbgroove:
quote:
Originally posted by StockHunter:
quote:
Originally posted by clbgroove:


Its probably BAC dumping all thier shares they recieved for the pumping or it could be the 3.1 Billion Authorized shares by the comapnay and they are diluting!!!

Authorized shares are 2.0 Billion, not 3.1B. Unless I'm missing something, they have to go to shareholders for a vote in order to increase that number. Total value of company is $15.8 Billion.

I'm used to trading fully reporting companies, so there may be some special rules for pinks that I'm not aware of. Can a pink create a convertible security, or back a loan with shares, in such a way that it dilutes beyond the authorized share count without a vote of the shareholders or a pre-announcement?

I'd be very surprised if this was legal, but thought I'd ask the board in case someone has relative knowledge or experience. Matt at Big Apple confirmed that they'd need a public vote to increase authorized shares, but I want to make sure there isn't a creative way around this that could be dilutive to shareholders.

Well guys....I hate to be the bearer of bad news after such a shi**y week and close but the A/S count is FOR SURE 3 Billion common with an additional 100 Million of preferred stock per the filing in Wyoming.......the bad part is it was dated 4/15/05(management signed it on 4/11/05) and i have a copy in my hand from the state with thier fax stamp on it. Furthermore they have it listed right there on the website but you have to get the actual amendment faxed to you which I have.

The worst part is I asked Matt about the A/S 3 times in three different phone calls so either he is a lying POS or someone is lying to him(which i seriously doubt cause this isnt his first day)he seems like the average smoke blowing salesman is how he comes across to me!!!

And for the people who dont know me, go back and reread some posts cause I have been here for a long time and 100% long term and positive BUT i am getting real real nervous and I hope this was all planned by management to either buy back some shares or slap NITE and the boys or something other than they just got in way to deep!!!!!

IMO thats what the audit hold up is....they have to disclose the total O/S and Authorized and they cant do that cause theres a problem and they know it.

We'll either go above .02 after the 2 deals close or we are done for a long 2-3 quarters and some confidence built back up from shareholders!!

Have a good weekend and stay positive


 
Posted by stolibox on :
 
groove, where can we see this filing? where did you see it? what type of filing is it? thanx

The Green Baron Report has actually over stated the number of shares issued and outstanding on purpose. Even though Plasticon has assured us that no shares will be sold onto the market to raise money and a 504 offering has been cancelled, there remains the possibility of an acquisition or joint venture. The current ceiling on the authorized number of shares that can be issued is 2 billion, and the Company has no intention to surpass this number.
 
Posted by StockHunter on :
 
quote:
Originally posted by buckstalker:
CLB...I believe you...it all makes sense now...I knew that those dirty SOB's were diluting.
Bear...the AS has been reported as 2 bil not 3 bil and the OS 1.8 bil after a 200 mil buyback.
Privately financed my ass...Turek and company are nothing but blatant liars...and using our money to finance his deals...IMO this company has some serious legal problems awaiting them in the very near term...lying in PR's is most definately a crime!

Buck,

I think you and I have been on the same page with our concerns for some time now, but if clbgroove is right its worse than I thought. As for legality, they've done a pretty good job of covering their asses. The PR on share retirement never mentioned the actual capitalization structure. I thought it was to keep people from finding out it was upped from 1.4B to 2.0B, but now it looks like they had us all fooled except for clb.

I posted the safe harbor disclaimer in an earlier post because thats the only leash these guys have on how far they can decieve. Its a pretty long leash. Any foreward statement can be totally self serving with little risk. All the reports regarding capitalization have been verbal to various posters from Turek, Howe or Matt at Big Apple.

Several months ago, someone said Turek blamed previous incorrect info on their former PR firm telling lies. In reality, that may be the intention of hiring BAC. An insulation for the company and denyability.

Clbgroove, do you have a link or some instructions on how I can get that info? So far have not been able to find it on the website. I believe you though because its consistant with what the money is doing and the intentional vagaries of the PRs and lack of paper trails on important details.

If you tell people what they want to hear, they will often believe it. I was skeptical, but my desire to want to believe these guys blinded me. Sad thing is, I know better and still got caught.
 
Posted by Bearclaw on :
 
Buck...

Where was the A/S count reported? Can you post it here? Then I will check Monday and try to get the count confirmed...

The O/S was originally reported at 2 Billion and not the A/S...I don't ever remember hearing that number reported as anything else so please point me in the right direction...

Lot's of companies have an A/S count much higher than the O/S...I looked and cannot find anything saying PLNI has added to the O/S, nothing registered and nothing voted on...in my mind nothings changed unless more shares are registered...I don't see that happening...do you?

CLB...I know your cool and trust what you say...If you could scan and send me a copy via a PM I sure would appreciate it...May save me a bunch of time...If you can't scan then please
PM me and I'll provide you with my FAX number...I appreciate it...Take care guys...
 
Posted by StockHunter on :
 
quote:
Originally posted by clbgroove:
Well guys....I hate to be the bearer of bad news after such a shi**y week and close but the A/S count is FOR SURE 3 Billion common with an additional 100 Million of preferred stock per the filing in Wyoming.......the bad part is it was dated 4/15/05(management signed it on 4/11/05) and i have a copy in my hand from the state with thier fax stamp on it. Furthermore they have it listed right there on the website but you have to get the actual amendment faxed to you which I have.

Clbgroove,
Were you a shareholder back in April when they increased the shares? If anyone on the board was a shareholder of record before April 11th, let us know if you had to vote on an expansion in the authorized shares. Matt told me they could not increase the A/S beyond 2.0 billion without a vote of shareholders. Since this is my understanding of the law regarding reporting companies, I did not question it.

If they can increase shares without telling the shareholders and letting them vote on it, why would anyone buy a pinksheet stock? I bought in May 2005, so I figured the increase from 1.4B to 2.0B occurred before I got on board and was done above board. sigh.
 
Posted by StockHunter on :
 
From Pinksheets PLNI info page:

"Outstanding Shares: 1,800,000,000 as of 2005-09-01

Estimated Market Cap: 16.199M as of 2005-10-26 (based on Outstanding Shares as of 2005-09-01)
Authorized Shares: 2,000,000,000 as of 2004-11-15
Float: 500,000,000 as of 2005-09-01
Number of Shareholders of Record: 3,800 as of 2005-09-01


Current Capital Change:
shs increased by 8 for 1 split
Ex-Date: 2004-02-11
Record Date: 2004-01-30
Pay Date: 2004-02-10"
 
Posted by stolibox on :
 
stockhunter. i don't like that pinksheets company info. why were the outstanding numbers updated but not the authorized? fishy. i just bought back in today, and now i'm not feeling good about it. oh well, we'll see what happens monday.
 
Posted by StockHunter on :
 
It doesn't help that the SEC's edgar search is having problems. I haven't been able to pull up PLNI for the past 3 days. Does anyone have a site/link to the PLNI filings that works?
 
Posted by StockHunter on :
 
I will be emailing the company this weekend and see if they'll reply. They didn't return a call I made several months ago, so I won't hold my breath. Does anyone have a direct email for these guys? I've been using info*plasticon.com. That may be getting forwarded to BAC though.

I better get out of here now before I blow a fuse. Everyone have a great weekend. We'll figure this out next week.
 
Posted by Chopper on :
 
Hey Stock,
Here is the Free edger link that should pull up Plasticon's filings. I can tell you that nothing appears to have been filed in 2005. http://sec.freeedgar.com/resultsFilings.asp?ID=7736
 
Posted by clbgroove on :
 
Cramer says it best!!! Always do your homework... 1hour per week per stock.

We have been taken... I apoligize for dropping the ball, it is not 3 Billion ITS 5 BILLION (5,000,000,000) per the amended filing on 10/13/05 SOB's

And no i was not a shere holder in April(came on 5/03/05) but I am for sure one now and I sure as hell didnt vote.

Just go to yahoo and search wyoming secretary of state, go to main page and go to services and then go to corporations and its all there in black and white!!!!!!!!!!!!
 
Posted by buckstalker on :
 
CID: 200400460904 Type: CORPORATION
Name: PLASTICON INTERNATIONAL, INC.
Old Name: WICKLUND HOLDING COMPANY

DBA:
Incorporation State: WY Initial Filing: 01-22-2004
Status: ACTIVE Standing: GOOD
Defunct Cause: FORCE ACTIVE Defunct Date:
Mailing Address: 1620 CENTRAL AVE., STE. 202
CHEYENNE, WY 82001
Registered Agent:
Name: AAA CORPORATE SERVICES, INC. County: LARAMIE
Address: 1620 CENTRAL AVE.
SUITE 202
CHEYENNE, WY 82001
Name Changed: Address Changed:
Officers and Directors:
President: JAMES N. TUNEK, SR
Vice President:
Secretary:
Treasurer:
Director:
Additional Detail:
Reinstate Date: Assignment Date:
Renewal Date: Amendment Date: 10-13-2005
Other Filing Date: Merger Date:
RA Resigned Date:
Purpose: Merger ID:
Annual Report No: 640690 Last Year Filed: 2005
Profit/Nonprofit: PROFIT Additional Stock:
Common Shares: 5 BILLION Common Par Value: $ 0.001
Preferred Shares: Preferred Par Value:
Intent to Dissolve: Continued/Domesticated: 01-22-2004
Expires: Perpetual Revoked:
 
Posted by buckstalker on :
 
Here is the link....

http://soswy.state.wy.us/Corp_Search_Main.asp
 
Posted by trainsite on :
 
I see on the document that his name is spelled incorrectly. Hopefully that's not the only thing incorrect, but if it's true, wouldn't we have grounds for a lawsuit, if the Green Barron Report indeed stated, "The current ceiling on the authorized number of shares that can be issued is 2 billion, and the Company has no intention to surpass this number."?
 
Posted by Bearclaw on :
 
Guys
Thank you for the link. I just printed the information. I will be tracking this down Monday...as I'm sure others will...Keep in touch and I'd appreciate any additional information anyone finds...Thanks again
 
Posted by successinstock on :
 
Bear...

I will be calling Turek ASAP on Monday....

I will gladly be put on hold while he is talking with you first 8)

GLTY and all of us
 
Posted by Bearclaw on :
 
Success...
I just bought a boat load yesterday...so did others...I just read the amendment so my initial thoughts are fragmented but it seems to me that...

I'll be first looking to see if any additional shares have been registered from the A/S for distribution to the O/S...If on Monday the O/S remains the same as it was and the float doesn't change and a registration has not been filed then we're OK for now.

The next step would be to find out if this Wyoming Amendment that was dated on 10-13-05 was in fact to increase the Authorized Shares from the 2 billion to 5 billion.

Then, it seems to me, we need a discussion as to the reason for the increase and the intent...
I haven't thought it through yet but this is my initial reaction...

What is your take?

quote:
Originally posted by successinstock:
Bear...

I will be calling Turek ASAP on Monday....

I will gladly be put on hold while he is talking with you first 8)

GLTY and all of us


 
Posted by successinstock on :
 
not too sure bear...

but the big money always seems to know before us little guys.

could be the reason for the 50% haircut?

damn you clb...you had to post this turd on a friday night....8)

i'm sure that this will be a hot topic on monday.
 
Posted by cold_up_here on :
 
Hmmmm...also VFIN took control of the ASK right around the same time as the filling.....Hmmmmm...VFIN is Florida based, MAPPLE is Florida based! Come'on now! I'm getting an ENRON flashback!

Mapple,Bluelinx,Greenbarron,Larry Oakley are all behind this? That's a hard pill to swallow! There must be a logical explanation. If not, a lot of people are going to jail here!
 
Posted by Bearclaw on :
 
Success...Your right...but...I'm Ok with the Friday post by CLB...grateful for his DD...
It gives me time to cool off and try to figure this out...I don't want to just react and screw myself financially...


quote:
Originally posted by successinstock:
not too sure bear...

but the big money always seems to know before us little guys.

could be the reason for the 50% haircut?

damn you clb...you had to post this turd on a friday night....8)

i'm sure that this will be a hot topic on monday.


 
Posted by successinstock on :
 
Bear...

This whole thing looks fishy...

1. States that they are incorporated in Wyoming....is that true....no

2. Their mailing adress is not in Wyoming but on Cluster Rd. in Kentucky....sure they can have a mailing address anywhere but come on...

3. It is Jim Turek NOT Jim Tunek

4. The register agent and PLNI mailing address is the same??

This site looks like BS to me....it doesn't jive.

imo
 
Posted by successinstock on :
 
did a search on

AAA CORPORATE SERVICES, INC.

came up with nothing....

no such business...especially in Wyoming

i smell a rat.
 
Posted by Bearclaw on :
 
Success...I know...I agree...It still needs to be tracked down...A lot of $$$$ is paid out to get folks to sell off their shares when MM's are accumulating. There could be some huge dollars at stake. The float could be drying up...All kinds of sheet happens and could be happening now....I just need to follow a path and track it down.

I know chopper's on it and I've talked to him. So are two othere guys I know, well one of them is and the other I haven't talked to yet but he will. I think we'll be smoking the phone lines this weekend...If you want my e-mail address please PM me...I'll keep you up to date when and if we find anything out...

quote:
Originally posted by successinstock:
Bear...

This whole thing looks fishy...

1. States that they are incorporated in Wyoming....is that true....no

2. Their mailing adress is not in Wyoming but on Cluster Rd. in Kentucky....sure they can have a mailing address anywhere but come on...

3. It is Jim Turek NOT Jim Tunek

4. The register agent and PLNI mailing address is the same??

This site looks like BS to me....it doesn't jive.

imo


 
Posted by cold_up_here on :
 
Something is incorrect here... but the scary part is ,if this were market hours right now, we would have panic selling! This site doesn't look very credible.
 
Posted by Bearclaw on :
 
Hey cold...
Your right...It seems the push may be on to shake the trees of any stocks they can...or...

Anyway...glad your here...you have a skeptical side we need at times like this...

quote:
Originally posted by cold_up_here:
Something is incorrect here... but the scary part is ,if this were market hours right now, we would have panic selling! This site doesn't look very credible.


 
Posted by fast50gt on :
 
just trying to help out here.

if you look at pink sheets, they are registered in WY.

also, aaa services is a real company. they are a business management consulting company.
 
Posted by state780 on :
 
thanks in advance for whatever DD you turn folks turn up. I'l follow over at RB as well (though I'm not registered to post there).

This is most peculiar and of course dreadful news if true.

The horrible thing is that it would help explain the pps decline in the face of good news (the kind of good news that would have spiked it earlier this summer)

But....

PLNI is not some shell. They have real products, they have real distribution deals with fully professional companies (Bluelinx), they're buying a company (promold) with serious ongoing production, etc., etc...... The whole picture doesn't make complete sense either way.
 
Posted by cold_up_here on :
 
Bear.. We have a bunch of smart investors here that have been down this path before. I'm currently trying to get in touch with my friend and contact at the SEC out of Chicago. He's out right now. Hopefully I can connect with him over the weekend. I will try my best.
 
Posted by successinstock on :
 
yep saw that Fast...your right they are incorporated in WY (1981). still searching...
 
Posted by fast50gt on :
 
what is meant by the statement on the form:

"Defunct Status: Forced Active" ???????

could that mean the form was filed long time ago and time frame ran out and forced active? don't have a clue, just trying to find the best side of this if any.
 
Posted by cold_up_here on :
 
I have to add that I've know about Larry Oakley and his organization long before I knew about PLNI. If you take a hard look at his track record, it speaks for itself. He basis his stock picks on sources that he attains through many brokers, Investment banks,etc. IMO this is pure credibility and I don't believe that so many people would have misinformed Larry. No way, not after all those years! Hold your shares guys, its a shake like none other in history!
 
Posted by cold_up_here on :
 
I did a GOOGLE Search under 'Plasticon Fraud', should be 2 pages. Check this out.
 
Posted by fast50gt on :
 
cold, are you saying you believe that form is junk? just curious.
 
Posted by cold_up_here on :
 
Looking at Marketwire * SYS-CON UNITED KINGDOM one.

fast, something here doesn't jive. I'm going with Bear and my gut on this one. I think the float dry and the MM's are going to get caught with their pants down. Let's keep digging.
 
Posted by fast50gt on :
 
cold, i'm not finding anything with plasticon fraud. just a bunch of links that has plni pr's along with other pr's from other companies that list fraud in them.
 
Posted by trainsite on :
 
The Wyoming SOS site is legit. No question. How can the form be a fake then?.. It does contain AT LEAST one error however (Turek's name).
 
Posted by Bearclaw on :
 
Guys..

I'm 95% sure this link is a scam...We'll have it sorted out over the weekend if we all keep digging...

Pull up the link and print out the form...Take a good look at it...No way this is legit...

I just talked to a friend at the University...They have been fighting to keep hackers off their site changing grades...He told me that this problem is universal at Government agencies...Hacking sites for all kinds of reasons...He said this sounds similar to what they deal with...I FAXED him the form and he said it looks altered...not complete and the columns don't line up...

AAA Corporate Services happens to be the first listing in the phone book....If this is scammers they got lazy and took the first listing..but.we'll be calling their office in the morning also..Keep digging guys...

Oh...
PLNI is Incorporated in Delaware...
 
Posted by StockHunter on :
 
Based on what we've seen in their PRs, Turek's name being misspelled PROVES they filled out the form.

Live and Learn. I assumed [never assume!!!] the same rules that applied to listed stocks regarding the SEC and the authorization and issuance of shares applied to pinks. After all, Matt shot down my skepticism by stating the company could not increase the authorized shares above 2.0 billion without my vote as a shareholder. Since Matt represented the company and was a professional dealing in pinks, he couldn't be wrong, could he? [Trust, but verify! Ronnie you got that right].

Some things that made no sense are making more sense now. Like why would Semco and ProMold agree to be taken over for whatever paultry sum a company with minimal revenue could scrape up instead of taking equity in such a promising company? If I were a Semco exec, I'd ask for some cash and at least 20% of the new company. The value proposition and synergies are so compelling [if everything they tell us is true, hmmm], the logical course is to take part in the riches. Now we find they have the stock available for all sorts of deals.

Everything is in question now. Do they need to sell more stock to complete these deals? They have been acting desperate with all these PRs. I have a feeling time is not on their side. The pps sure isn't, and its not likely to get better next week unless they come clean and can make a compelling case for their real strategy.

Clbgroove, Buck, et al. Thanks for the DD. Bad news, but good work.
 
Posted by cold_up_here on :
 
The site is legit. The problem is that forms,filling, and other listing tend to get altered. This will be resolved shortly.

Let's recap~ Big Apple, Bluelinx, greenbarron, Larry Oakley, Steve Crowley, Ceo webcast, R&S Manufacturing, Investors Business Daily, Plasticons Attorneys, Promold & Semco personal,etc...are all behind this alleged scam in this post Enron/worldcom era! No frickin' way! Remember, I'm the pessimistic one too!
 
Posted by successinstock on :
 
stock...

Pro-mold is a cash deal..

I verified myself that no stock was given to him.

He stated that he was retiring and looking at greener pastures. His only concern was that his employees would not be let go.

IMO...your off on Promold.
 
Posted by successinstock on :
 
now how PLNI got the cash??

that is the 64,000 dollar question...

anyone have the answer?
 
Posted by state780 on :
 
quote:
Originally posted by cold_up_here:
The site is legit. The problem is that forms,filling, and other listing tend to get altered. This will be resolved shortly.

Let's recap~ Big Apple, Bluelinx, greenbarron, Larry Oakley, Steve Crowley, Ceo webcast, R&S Manufacturing, Investors Business Daily, Plasticons Attorneys, Promold & Semco personal,etc...are all behind this alleged scam in this post Enron/worldcom era! No frickin' way! Remember, I'm the pessimistic one too!

Hope you're right--and again, this is not some shell scam, it's a company that makes things that contractors buy. There are better ways to scam than getting your plastic rebar supports certified in 50 states.

(However, put no weight in "Investors Business Daily"--that was just a paid advertisement; they'll sell ads to anyone, and should, that isn't already a proven fraud. And the ad raises questions now, since nothing happened afterward. I thought for sure it was the opening move in some kind of grand close the deal on semco/finish audit announcement).
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Guys..

I'm 95% sure this link is a scam...We'll have it sorted out over the weekend if we all keep digging...

Pull up the link and print out the form...Take a good look at it...No way this is legit...

I just talked to a friend at the University...They have been fighting to keep hackers off their site changing grades...He told me that this problem is universal at Government agencies...Hacking sites for all kinds of reasons...He said this sounds similar to what they deal with...I FAXED him the form and he said it looks altered...not complete and the columns don't line up...

AAA Corporate Services happens to be the first listing in the phone book....If this is scammers they got lazy and took the first listing..but.we'll be calling their office in the morning also..Keep digging guys...

Oh...
PLNI is Incorporated in Delaware...

Looks legit to me. I ran a bunch of wyoming companies. The forms for these companies look just like the one for Plasticon. Try entering these WY Cos and see if you agree: PRESIDENTIAL SERVICES WYOMING; LOCKHEED MARTIN LOGISTICS MANAGEMENT; THE QUANTUM GROUP.

According to pinksheets, they were incorporated in Wyoming in 1981 [I guess as Wicklund].

When the rain banging on your window is so loud you can hardly hear the weatherman forecasting a sunny day, its time to turn off the set and get your umbrella. Its been raining shares for 6 weeks now.
 
Posted by successinstock on :
 
stockhunter..

do you currently hold any plni shares?
 
Posted by state780 on :
 
btw, stockhunter, thanks for your posts. I hope you're wrong, but your statements are entirely rational.
 
Posted by StockHunter on :
 
quote:
Originally posted by successinstock:
now how PLNI got the cash??

that is the 64,000 dollar question...

anyone have the answer?

That IS the question. There are more creative ways to structure these deals than can be listed here. Given that they can increase the authorized shares without telling us, they can probably issue some sort of convertible, option or warrants that technically don't dilute now, but would have the same affect eventually. Shares can be used a collateral or sold outright for cash, etc, etc, etc...Problem is not only don't we know, but we are at their mercy for information.

You did good work calling ProMold - thanks for the intel. The problem with these guys is that we know some of what they say and do is accurate and makes sense. We also know much of what they have said and done does not add up or come to fruition.

Its a lot easier to get away with stuff if much of your story looks or is legit. Hell, Enron did a phenomenal job creating derivative markets for energy, bandwidth and the such. In 2000 I was working for a company that designed software to put up exchanges on the internet. Enron was a legitimate trailblazer in our industry. I always sung their praises as a company, but told people I wouldn't buy the stock if you paid me. The revenues and profit numbers just did not make sense. We may end up making money on this monkey, but how it develops is anyone's guess.
 
Posted by StockHunter on :
 
quote:
Originally posted by successinstock:
stockhunter..

do you currently hold any plni shares?

Ooooh yes. First bought in at .009 in May and been swinging up and down since. The only smart move I made was cancelling my .0085 GTC for more I had in for a couple months [in case there was a spikey shakeout]. I can't claim to be that smart though. I just felt better about my gold calls near term than PLNI. If I had the cash I would have averaged down, weighing the risk/reward and my skepticism. Until the capitalization issue is cleared up I'm standing back. May sell if they can't/won't give adequate answers on Monday.

There still may be opportunity here, but its rare to make out when there is so much deception. The company could grow to a market cap of $40 million by year end [my original thinking] and still not make a dime if the o/s explodes.
 
Posted by elitedb on :
 
Guys, imho the web site reference is very much real. I have searched the secretary of state's web site in wyoming before and this is the same site. The amendment filed a couple weeks ago is of course not available online. Does anyone have a copy??

If not, we should get it Monday first thing. Also, we should check with the TA for updated info or the cursed response, a gag order.

The a/s listed on the website may be wrong since no listing is guaranteed correct. However in all my years searching SOS websites I have never seen an error, just a lack of complete info that requires follow up for hard copies and fees.

The Registered Agent MUST be a local person or entity. A corporation must have an local address but there is no requirement that business actually be conducted from that office. So an out of state corporation would most likely hire a local corporate services company to serve as registered agent and for an additional fee be permitted to use their address as the company's local (in state) office address.

We do not have all the info we need right now but I can tell you all that I am feeling mighty stupid right now. I kept thinking they must be diluting but still bought back in. Sure hope I am wrong but deep down in the pit of my stomach I really doubt it.

If they have raised the shares to 5 billion and do not PR an very good explanation I suspect a major bloodbath will surely follow. This must be burning up the various message boards this weekend. SO without a clear and convincing denial or showing this is wrong, trouble surely looms. With the distrust Turek has begun to breed, I wonder if any explanation they can offer, if all of this is true, would ever calm the masses.

All I can say is, may the force be with us.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
btw, stockhunter, thanks for your posts. I hope you're wrong, but your statements are entirely rational.

Thx, back at you.

This board is such a pleasure compared to the other ones [on yahoo] I've been involved with. People here are much more rational, informed and civilized. Plus a format where you don't have to open each comment with a link is sooo much easier to deal with.

Most bulletin boards are like automobiles. Once inside one the level of communication degrades to childish insults and obscene gestures.
 
Posted by Chopper on :
 
Hey Folks,
WOW , I go out to my Son's High School football game for a few hours and you all go nuts. His Team WON by the way. LOL

Have any of you heard of Achems Razor? I believe this is the best explanation to our little problem here. There are Only 2 things I see funny on the form. 1. Turek's name is spelled wrong. (TYPO) 2. The number 5 was hit instead of the 2 which is directly under the the darn 5 (BIG TYPO).

Go back to drinking heavily and have fun for the Halloween Holiday and don't believe for one second this is a TRICK being played on you. The treat will be your worries were for not. We will call Jim, Matt and Bill Monday at Dark 30 and get it right from the horse. There is NO DARK CONSPIRACY going on!!!!!


Achems Razor = (The simplist solution is probably the right one.)
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
Hey Folks,
WOW , I go out to my Son's High School football game for a few hours and you all go nuts. His Team WON by the way. LOL

Have any of you heard of Achems Razor? I believe this is the best explanation to our little problem here. There are Only 2 things I see funny on the form. 1. Turek's name is spelled wrong. (TYPO) 2. The number 5 was hit instead of the 2 which is directly under the the darn 5 (BIG TYPO).

Go back to drinking heavily and have fun for the Halloween Holiday and don't believe for one second this is a TRICK being played on you. The treat will be your worries were for not. We will call Jim, Matt and Bill Monday at Dark 30 and get it right from the horse. There is NO DARK CONSPIRACY going on!!!!!


Achems Razor = (The simplist solution is probably the right one.)

It's spelled Occam's Razor, but I salute you for thinking of it. Especially since that would be the preferred explanation.

I guess you're thinking of a dedicated calculator pad (because of course on your standard "qwerty" keyboard, a Q and W are below the 2...

Best news I've heard all night, now I can go to sleep before resuming panic on Saturday morning. And I probably will, since this appears to be some kind of an amendment filed earlier this month.
 
Posted by successinstock on :
 
like your typo chop?

Occam's Razor....lol

gonna go to bed now....

see ya'll later...
 
Posted by trainsite on :
 
Maybe the person typing the form was hungover? lol
 
Posted by Chopper on :
 
Thanks for the correction on the Occam's Razor spelling State, I guess I was a little tired.

Anyway the only amendment that should have been filed arround the 10-13-2005 date was the retirement of the 200 million shares which is the correct time period that I was given from both Matt and Jim. I also checked the SEC and there is nothing listed for that date for Plasticon. I'm really not sure how anything regarding share structure would be allowed to just slip and out like a thief in the night.
I am sure this is just a clerical error and nothing more.
 
Posted by fast50gt on :
 
Chopper, thanks for thinking of this one. I'm sure many still feel disgusted as i do and we all have reason too even if that's the cause. but there's nothing we can do until monday so let's all think positive.
 
Posted by bond006 on :
 
All i can say is thank you guys for your dd my plans were to load upy position on monday now i will dd more and see what you guys come up with if all is trure this will be a real blood bath
 
Posted by bond006 on :
 
I don't know the legal side of what is most likly happening it is all over R/B to I think this is a legal site and i think the doc. is to, dispite the name mistake. There has got to be a reason this stock keeps sinking like it has been especially at a time when Turek needs money dilution as you know has been
going on we were calling it share dumping by an outside source.imho Turek thought this thru very well with lots of legal advice and at the right time an r/s will happen and the share holder will have bought Pro Mould and Semco for him anyway I just might be 100% wrong but there has to be a reason for never coming through with a certified audit that is one way he could be held accountable for events as they unfold. The word is out now gents all over other boards most likely big sell off monday. If you are a believer you will be able to by them cheap imho.glta
 
Posted by bond006 on :
 
One thing that bothers me because i really do not understand it maybe some of you do Mr. Turek discribes the fact that Pro Mold an Semco will be legally a considary of plni does this mean that they will not be part of the share holders assets of plni?
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
Thanks for the correction on the Occam's Razor spelling State, I guess I was a little tired.

Anyway the only amendment that should have been filed arround the 10-13-2005 date was the retirement of the 200 million shares which is the correct time period that I was given from both Matt and Jim. I also checked the SEC and there is nothing listed for that date for Plasticon. I'm really not sure how anything regarding share structure would be allowed to just slip and out like a thief in the night.
I am sure this is just a clerical error and nothing more.

makes sense... here's to hoping!
 
Posted by elitedb on :
 
bond,

A wholly owned subsidiary is a legal asset of the company. No different than any other asset like a building or equipment. If they own 100% of the stock of another company, the shareholders technically own a proportional share of the subsidiary. Of course, the management or controlling shareholder interest of the parent company retains effective control and ownership of the subsidiary since they appoint management of the subsidiary as well.

Since corporations are afforded status as a legal entity the subsidiary is a separate legal entity from the parent. Depending on the contractual obligations and on a more technical basis whether they are treated as separate entities by the two companies would determine whether the parent is insulated from the legal obligations of the subsidiary.

Just as many individuals start small closely held corporations to protect their personal assets from claims and liabilities, the parents assets are not placed in the same pool with the subsidiary's assets. The parent's asset from the subsidiary is actually the stock owned in the subsidiary.

Conversely, the subsidiary has no claim of the parent's assets.

The only exceptions to this are contractual obligations between the parties, such as the parent guaranteeing the debt for a subsidiary. or, a much harder thing to prove called "piercing the corporate veil" in which the claim is made that the two corporations operated as one. For example the comingling of assets and management is so pervasive, so that the law in fact should treat them as one entity, not two.

Hard to condense what takes treatises and thousands of court decisions to explain but hopefully this answers the general question.

I have a question. Did Turek not state publically that their would be no dilution for the aquisition of promold and semco? Or did he actually state that the acquistions would be privately financed cash purchases? These are potentially two different things with lots of wiggle room. TIA
 
Posted by successinstock on :
 
eliteb..

here are snippets from the pr's..

LEXINGTON, KY--(MARKET WIRE)--Oct 27, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that the company will meet with SEMCO Manufacturing, Inc. on November 17th, 2005, to complete the privately financed acquisition.

LEXINGTON, KY--(MARKET WIRE)--Oct 18, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that the company will meet with Pro Mold, Inc. on November 9th to complete the privately financed acquisition.
 
Posted by successinstock on :
 
elitedb...

this also which clearly states both situations for ProMold (which confirms what I have heard from Promold)

LEXINGTON, Ky., Aug. 10, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that the company has completed primary due diligence on the acquisition of Pro Mold, Inc., one of the premier injection molding facilities in the Midwest.

ADVERTISEMENT
The privately financed acquisition (with no dilution for PLNI shareholders) will dramatically increase Plasticon's production capacity to $20 million in manufacturing and sales annually for this facility alone. Said Jim Turek, President and CEO of Plasticon International, Inc., ``As we continue to increase our sales and as demand continues to rise, this acquisition will be critically important in terms of fulfilling our obligations to the growing needs of our clients. We look forward to welcoming Pro Mold, Inc. to our team and working with the seasoned senior management at Pro Mold, who will be retained as part of this deal.
 
Posted by successinstock on :
 
another reason i smell a rat....

LEXINGTON, Ky., June 21, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) today announced that there are no plans for a reverse stock split based on projected sales and earnings.

ADVERTISEMENT
[0]

``A reverse stock split is absolutely off the table,'' said Jim Turek, President and CEO of Plasticon International, Inc. Mr. Turek added that should it be necessary to reduce the number of issued and outstanding shares, management is committed to both retiring its own personal shares and the company is committed to buying back shares as well.
 
Posted by bond006 on :
 
Elitedb here is the Aug. 3rd pr



Wednesday, August 03, 2005 08:44 ET

Plasticon International Inc. (PLNI) announced that this week the company will acquire Pro Mold, Inc., one of the premiere injection molding facilities in the Midwest. The privately financed acquisition (with no dilution for PLNI shareholders), will dramatically increase Plasticon's production capacity to $20M in manufacturing and sales annually for this facility alone. As part of the terms of the agreement, senior management at Pro Mold, Inc. will be retained.


Mr Turek states no dilution of shares
 
Posted by Bearclaw on :
 
Success...
Who's the rat you are smelling.????
What is your take so far?? Since we don't have any clear evidence either way yet where do you think we need to focus our attention before Mondays open? It seems to me we need all the input, both pro's and cons as we all sift through the information.

Stock Hunter...Your right when you said this board is a pleasure compared to others...Thanks folks for not pounding away at each other. I just went through the site and your also right that the form looks standard for other companies.
Gonna pour a cup of coffee and sit with all of this information today...Stock ...it is sunny here today and don't need my umbrella yet but do have it ready to open...
 
Posted by maumee river rat on :
 
should be a "Blue light special" on this soon for about 0042 a share....

Hey Cold!!!!

Looks like ya pulled the trigger a little too soon! Don't it??
 
Posted by SchwarzBiest on :
 
quote:
Originally posted by Bearclaw:

Oh...
PLNI is Incorporated in Delaware...

I assume this is why...
http://www.delawareintercorp.com/why.htm

If there is anything that I can look into from here(Delaware), just let me know.
 
Posted by ed19363 on :
 
You can incorporate a company in any state you wish. There are different rules in each state, but it doesnt matter where your company is actually located. Delaware is popular because of tax breaks, and Nevada is popular because of lax rules. Each state has different charges for incorporating, and sometimes that has an effect on the company's decision on where to incorporate. IMO, beware of any company incorporated in Nevada. Nevada's rules are so lax that the company can do just about anything and not have to answer to anybody.
As far as PLNI itself is concerned, it is the weekend and no news comes out on weekends. I suggest everybody "take two aspirin and call Monday".
 
Posted by Bearclaw on :
 
Schwarz...
There are four Plasticons registered in Delaware...I'm trying to narrow it down...
I'll get back to you when I find the information and the Registered Agent...the weekend makes things go slowly...still on it buddy...

quote:
Originally posted by SchwarzBiest:
quote:
Originally posted by Bearclaw:

Oh...
PLNI is Incorporated in Delaware...

I assume this is why...
http://www.delawareintercorp.com/why.htm

If there is anything that I can look into from here(Delaware), just let me know.


 
Posted by Bearclaw on :
 
Ed...
Thanks for the information...Am I correct to assume that you can only be incorporated in one state at a time? So if PLNI is incorporated in Wyoming they would have had to transfer it from Delaware?

quote:
Originally posted by ed19363:
You can incorporate a company in any state you wish. There are different rules in each state, but it doesnt matter where your company is actually located. Delaware is popular because of tax breaks, and Nevada is popular because of lax rules. Each state has different charges for incorporating, and sometimes that has an effect on the company's decision on where to incorporate. IMO, beware of any company incorporated in Nevada. Nevada's rules are so lax that the company can do just about anything and not have to answer to anybody.
As far as PLNI itself is concerned, it is the weekend and no news comes out on weekends. I suggest everybody "take two aspirin and call Monday".


 
Posted by ed19363 on :
 
Bear, I dont know for sure, but it sounds logical that if you are willing to pay the fees you COULD incorporate in all 50 states. But it seems illogical to do so, as one incorporation would subject your company to the same filing rules. Seems to me the only difference would be some of the rules and the prices for incorporating.
 
Posted by SchwarzBiest on :
 
quote:
Originally posted by Bearclaw:
Schwarz...
There are four Plasticons registered in Delaware...I'm trying to narrow it down...
I'll get back to you when I find the information and the Registered Agent...the weekend makes things go slowly...still on it buddy...

quote:
Originally posted by SchwarzBiest:
quote:
Originally posted by Bearclaw:

Oh...
PLNI is Incorporated in Delaware...

I assume this is why...
http://www.delawareintercorp.com/why.htm

If there is anything that I can look into from here(Delaware), just let me know.


Yea, and all the incorp dates are before Plasticon changed over from Wicklund, but there is a WICKLUND HOLDING COMPANY listed on 05/23/1977.
 
Posted by elitedb on :
 
Bearclaw, you only file your incorporation in one state. To incorporate all that is required initially is a charter (articles of incorporation) and an appointment of registered agent. The purpose of the registered agent is to have a local (in state) person or entity to accept service of process so that the corporation may be sued by state residents.

When a corporation wishes to do business in another state all that is required is that they file with that state's secretary of state a registration of business. Typically, this is not more than a short form with appointment of registered agent and statement of original state of incorporation and business purpose. Of course in most states they actually charge more for this filing than for an original incorporation. If a company does not register in a foreign state to do business the most drastic effect is most states will deny access to the state's courts, a real problem if you wish to sue someone, but even without registration you can be sued.

So the short answer: You incorporate only in one state but register your corporation to do business in other states under that state's foreign domestication portion of the state business act.

Hope this helps. I have not checked any other secretary of state website for Plasticon registrations but if I have some time I will hunt around. This is an aniversary weekend and party plans and setup is a nightmare particularly with the home football game tying the town and many folks up as well. Guess that's what happens when you get married on holloween. LOL
 
Posted by mbmaid on :
 
It's a shake out. MM's know the short-term potential here, and with over 3000 shareholders, they know they can shake a few of them loose. If you sell your shares now, you've been had.

In 2-3 weeks, we'll be snoopy dancing all over this place.
 
Posted by StockHunter on :
 
A couple months ago I bought into WSBL on a news and chart event. The company had a grossly inaccurate [low] share count listed on their site. I emailed the company and they actually told me the exact count and put the accurate numbers on their webpage.

Trading activity indicated stock was being distributed into a flurry of positive PRs [sound familiar], so I dumped most of my shares on the initial [and only sustained] run up.

I commended them for thier honesty and walked away with a smaller profit than I had hoped for, but avoided a loss. If Mr. Turek wants us to believe anything he says next week he needs to put his money where his mouth is. Post it on the website, take the legal responsibility for your words, and then you'll have credibility.

If instead, he hides behind a vaguely worded GB infomercial then its time to write this one off as a learning experience.
 
Posted by successinstock on :
 
quote:
Originally posted by clbgroove:
quote:
Originally posted by StockHunter:
quote:
Originally posted by clbgroove:


Its probably BAC dumping all thier shares they recieved for the pumping or it could be the 3.1 Billion Authorized shares by the comapnay and they are diluting!!!

Authorized shares are 2.0 Billion, not 3.1B. Unless I'm missing something, they have to go to shareholders for a vote in order to increase that number. Total value of company is $15.8 Billion.

I'm used to trading fully reporting companies, so there may be some special rules for pinks that I'm not aware of. Can a pink create a convertible security, or back a loan with shares, in such a way that it dilutes beyond the authorized share count without a vote of the shareholders or a pre-announcement?

I'd be very surprised if this was legal, but thought I'd ask the board in case someone has relative knowledge or experience. Matt at Big Apple confirmed that they'd need a public vote to increase authorized shares, but I want to make sure there isn't a creative way around this that could be dilutive to shareholders.

Well guys....I hate to be the bearer of bad news after such a shi**y week and close but the A/S count is FOR SURE 3 Billion common with an additional 100 Million of preferred stock per the filing in Wyoming.......the bad part is it was dated 4/15/05(management signed it on 4/11/05) and i have a copy in my hand from the state with thier fax stamp on it. Furthermore they have it listed right there on the website but you have to get the actual amendment faxed to you which I have.

The worst part is I asked Matt about the A/S 3 times in three different phone calls so either he is a lying POS or someone is lying to him(which i seriously doubt cause this isnt his first day)he seems like the average smoke blowing salesman is how he comes across to me!!!

And for the people who dont know me, go back and reread some posts cause I have been here for a long time and 100% long term and positive BUT i am getting real real nervous and I hope this was all planned by management to either buy back some shares or slap NITE and the boys or something other than they just got in way to deep!!!!!

IMO thats what the audit hold up is....they have to disclose the total O/S and Authorized and they cant do that cause theres a problem and they know it.

We'll either go above .02 after the 2 deals close or we are done for a long 2-3 quarters and some confidence built back up from shareholders!!

Have a good weekend and stay positive

not sure if anyone else does, but I would like to see this "i have a copy in my hand from the state with thier fax stamp on it" from clbgroove.

clbgroove...please post this fax so we can all examine it and draw a conclusion. I am sure that it is "public" information, right??
 
Posted by Bearclaw on :
 
Guys...
I'm out of avenues to determine the authenticity of the Wyoming posting or AAA Corporate Services...Sorry guys but I'm tapped out of resouces...I'm hoping someone has better luck before market opens on Monday...

Successinstock is asking clbgroove to post the FAX with the state stamp...That sure would be helpful...

Clb we haven't heard from you concerning this...how about some help here...
 
Posted by YellowSubmarine on :
 
There's some mega-rumor that's been started on PLNI based on what appears to me to be some intentional errors in some corporate status data coming out of Wyoming. I'd suggest that if the PPS on PLNI tanks at all on Monday morning that glomming "..cheapie-shares.." would be a real shrewd move..!!!

PLNI is so close to coming out of the chute at a full gallop, this BASH BS is just too 'convenient' to have any merit. They closing on the acquisition of two plastic injection molding businesses in the next 15 days, they are "..back-ordered.." out the ying-yang, they have 3 new high-performance Injection Molding machines coming online to meet their huge production requirements, the audit of their financials is finished, and they're filing for OTCBB status.

Don't let some sleazers rattle you into selling if you're long, this is a BUY-OP..!!!

.
 
Posted by YellowSubmarine on :
 
PLNI mamangement is aware of this rumor mongering BS, and will have a response out Monday, or at worst Tuesday - per phone contact today..!!!

This is a BS PROFESSIONAL 'Scardy-Shares' BASH SCAM, in my opinion - and may offer the biggest BUY-OP since PLNI was back at 0.003.

If you bail on this garbage, at this stage of the game - you're freakin' nuts.

.
 
Posted by bond006 on :
 
Stock Hunter I don't know about for all the reasons you listed but i was in nico drops earlier this year and they increased thier total share count by 1 billion shares and never told us share holders i think with pinks they can do this. There was certianly a lot of mad investor's but they could do nothing.
 
Posted by StockHunter on :
 
quote:
Originally posted by bond006:
Stock Hunter I don't know about for all the reasons you listed but i was in nico drops earlier this year and they increased thier total share count by 1 billion shares and never told us share holders i think with pinks they can do this. There was certianly a lot of mad investor's but they could do nothing.

Bond,
was that o/s or a/s. Its not unusual to issue shares that have been authorized without pre-notification. But if they can increase the authorized without a vote then shareholders are at basically an infinite risk of dilution. If a company is not on a listed exchange it could be we're at the mercy of state laws which could be much more lax on such matters.
 
Posted by clbgroove on :
 
Well sorry for the delay guys but I have been out of town till now.

First things first, this is no pump and dump scam to shake share holders on MY PART WHATSOEVER!! I have a very large stake in this and DO NOT like seeing it down to these levels at all because i know now that its going to be one tough bit*h getting over .02 for sure now.

To think that the number is a scam is just stupid thinking for ANYBODY who has watched this thing tank the last 3 weeks and now it makes sense.

The "Document i have in my hand" is the one that clearly states that the A/S count is 3 billion common and 100 million preferred, dated back in 4/05 is what i have. I DO NOT have the amendment filed this month and did not state that i did because i just found out about it on friday at 4:30 when i went to get the website link to post so that you guys could check the 3 Billion for yourselfs, and was shocked as he77 to see the 5 Billion that the rest of you have no doubt seen. As far as the post about it being a typo and will be straitend out Monday, thats not happening cause i know for a fact that its at least 3 billion per the "document in my hand"!!!

Whoever can scan and post it please PM me with your fax number and I will fax it to you to post and FOR SURE will not relaese your # to the public board. I wish this wasnt true as much as everybody else but something is going on and im not liking it.

One thing to think of, Turek and Howe both stated to me numerous times that they had a store in plan for NITE and his buddies and "they are going to eat a whole bunch of shares" (per Howe)......what better way to do it than send out a brochere to all shareholers on record to tell them whats going on with the company, and i took that as its going to get rough so hold on..... and it sure is getting rough. To the MM's they look like the typical pink sheet scam with missed deadlines(numerous), dilution after PR's stating there would be none, increasing share counts after retiring???, and bumping the A/S's from 2Bil to 3Bil then to 5 Bil!!!!!

Hope they know what the he77 thier doing cause its getting real real rough.
 
Posted by clbgroove on :
 
Oh and one more thing for the troops.....teh document that i have is stamped with the filed date,CID #(not sure what that is), the doc ID # and within all of that is the WY Secretary of State

Talk 2 ya
 
Posted by Chopper on :
 
What is the CID and doc numbers Grove?? I can check the SEC with that. Thanks
 
Posted by Murnak on :
 
http://soswy.state.wy.us/Corp_Search_Main.asp

http://soswy.state.wy.us/Corp_Search_Main.asp
 
Posted by StockHunter on :
 
quote:
Originally posted by clbgroove:

One thing to think of, Turek and Howe both stated to me numerous times that they had a store in plan for NITE and his buddies and "they are going to eat a whole bunch of shares" (per Howe)......what better way to do it than send out a brochere to all shareholers on record to tell them whats going on with the company, and i took that as its going to get rough so hold on..... and it sure is getting rough. To the MM's they look like the typical pink sheet scam with missed deadlines(numerous), dilution after PR's stating there would be none, increasing share counts after retiring???, and bumping the A/S's from 2Bil to 3Bil then to 5 Bil!!!!!

Hope they know what the he77 thier doing cause its getting real real rough.

clbgroove,

Once again, thanks for your DD. Everyone on the board should be greatful for your work and willingness to share. You'll always get some push back as human nature makes it difficult to let go of beliefs that have been ingrained and reinforces for so many months. Keep up the good work.

As to the comments regarding the MMs eating a whole bunch of shares, I've heard this before. Too many companies blame MMs for their poor stock performance. Most of this is bunk, IMO. Its kind of like reading these Q3 earnings reports where everyone blames hurricane Katrina for their mismanagement and weak sales. Its a diversion, IMO.

If a company believes its stock is being naked shorted they don't list new shares to help the shorters and shoot themselves in the foot. They should retire shares or call in the certificates for a swap and force a short squeeze. If the diluton we've been seeing is from NITE, and PLNI has positive cash flow and a strong line of credit for acquisitions, etc...then we should be in position to get rich real fast on NITEs dime, IMO. I wouldn't hold my breath on that.
 
Posted by U4TSAF2 on :
 
.0074

YET AGAIN, ANOTHER PINK SHEET STOCK TELLING US THIS AND THAT.

IF A PINK SHEET COMPANY WERE INTERESTED IN WHAT THEY TELL US, THEY WOULD DO THE FOLLOWING:

REGARDING AN AUDIT: IN THE MEAN TIME THEY WOULD POST ON THEIR OWN WEBSITE THEIR INCOME TAX RETURN. AT MINIMUM: A CERTIFIED PROFIT/LOSS SCHEDULE GIVING THE DETAILS.

REGARDING AN AUDIT: THE NAME OF THE RECOGNIZED ACCOUTING FIRM THAT DOES UPGRADE FROM AN ACCOUNTING POINT OF VIEW. WE SHOULD GET "HEY, THEY UPGRADES X Y AND Z COMPANY WHICH ARE NOW ON NASDAQ AND WE HAVE RETAINED THEM TO DO THE SAME FOR US. THEIR NAME IS ___________ THEIR TELEPHONE NUMBER IS _____________ AND IF THEY HAVE A WEBSITE, THEY SHOULD POST IT ON THEIR WEBSITE THAT THEY HAVE BEEN RETAINED FOR AUDIT REVIEW PURPOSES AND CERTIFIED ACCOUNTING PURPOSES.

SOME OF YOU UNFORTUNATELY ARE GETTING STUCK WITH THE PINK SHEET STOCKS WHERE THESE CORPORATIONS CAN WALK ALL OVER YOU AND IT'S ACCEPTED THAT PINK SHEET STOCKS "DO THAT."

TO POST FINANCIALS IS VERY EASY AND VERY CHEAP. FOR INSTANCE, ANY CONDO ASSOCIATION HAS A FINANCIAL STATEMENT DONE ON AN ANNUAL BASIS AND HANDS IT OUT TO EVERY OWNER.
 
Posted by Chopper on :
 
u4tsaf2, turn off the high beam caps. This doesn't get my attention any better. But it does give me the need to put you on ignore. If you don't like pinkies you are are excused so you can post on the Yahoo, Nasdaq and Dow sites.
 
Posted by Thorn on :
 
Consider this: maybe this is true, maybe it is not. However, there is no reason to wait and see, for there are plenty of other stocks out there that don't have this dilemma. Now, if I had a little love for the stock, I'd probably hold. Since I don't, instead I sold and will buy back in when/if things clear up and the stock is moving Northward. That's my two cents worth.
 
Posted by mci on :
 
If Turek and the officers own 80% of COMMON stock, it seems that they have a real interest in share price increase and avoiding a reverse split. Any thoughts?
 
Posted by StockHunter on :
 
quote:
Originally posted by mci:
If Turek and the officers own 80% of COMMON stock, it seems that they have a real interest in share price increase and avoiding a reverse split. Any thoughts?

A reverse split in and of itself is not a negative for stock [in the long term]. The reason you don't want to see one is its usually indicative of ugly situations. In pinks, its usually marketing a better price in order to sell more shares. On listed exchanges its usually to maintain minimum price listing standards as its market cap evaporates.

Take a look at the WTVN chart and look at the volume and price. They dumped shares at very low prices, did a r/s and are doing the same thing again. These companies can often find new suckers who buy the propaganda. If they want to hide the history, they can also change the stock name and symbol.

Plasticon can do a r/s equivalent without violating their pledge not to do one, too. Just spin off the rebar support & semco business at a 10-1 ratio and new name, leaving the signage and business products company as Plasticon. If this company was honest and didn't dilute shares they would still eventually have to do a r/s or equivalent to go to the Nasdaq Marketplace [after the OTC BB]. Organic growth is not going to get this stock over the $5.00 minimum there.
 
Posted by state780 on :
 
A poster on RB--probably the same one who posted as yellow sub here--writes:

>>PLNI mamangement is already aware of this rumor mongering BS, and will have a response out Monday, or at the very worst Tuesday - per phone contact today. <<

First of all, I am long holder and have every reason to hope for the best. Many reasons actually--my holding is in the millions. But this is no "rumor mongering BS;" it's an entirely legitimate question that urgently needs to be resolved.

Secondly, I find it hard to believe that if they are aware of this information that PLNI managment would wait until Tuesday to refute the information. I mean really. The pps is on an acclerating slide, and they'd wait until Tuesday to prevent possible panic selling?

If PLNI is aware of any of this talk, they should say something no later than Sunday. There's no law that prevents PRs from going out over the weekend!
 
Posted by bond006 on :
 
You are 100% right state if they know and this is bs a Sunday post would sure save there bacon. If this is a fruad I say hire that guy to do your pr's because he is good it looks real to me
 
Posted by BuyTex on :
 
have never seen a PLNI pr on the weekend...would be a first
 
Posted by state780 on :
 
quote:
Originally posted by BuyTex:
have never seen a PLNI pr on the weekend...would be a first

I don't expect it for sure. But if they don't send out something before the opening Monday morning, it will indicate, at best, an almost aggressive form of stupidity.
 
Posted by bond006 on :
 
For the record I went to the site that was posted, I saw the Doc. It could very well be official no way to prove it this weekend on monday the truth will out,its really that simple this has really thrown a monkey wrench into my plans for monday now I have to wait and see. I reaaly think as hard as Jim has worked he would not do this, I don't think this scare will go on past monday but i will not state any advice in this thread, this is something a person does what he or she thinks is best for them.glta see you monday morning
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
quote:
Originally posted by BuyTex:
have never seen a PLNI pr on the weekend...would be a first

I don't expect it for sure. But if they don't send out something before the opening Monday morning, it will indicate, at best, an almost aggressive form of stupidity.
An open letter to shareholders, posted on their website can be done at anytime. If they don't have time to vet a proper PR before Monday's opening that's the least they should do.

It takes less time to tell the truth than to decieve. After all, lies have to be run through the legal department to acheive maximum deception with minimum risk to the principals. If they wait until Tuesday to address this I'd be even more skeptical of what they say.

If they claim the extra shares are to protect themselves against MM manipulation that would be a total punt, IMO. PLNI has never been on the Reg SHO list and the players and action has been one of long selling. The irony here is if they don't properly address this Monday, they may instigate a short play by the big boys starting this week. Watch to see if VFIN dissappears from the offer and NITE and/or SCHB become the dominant sellers.
 
Posted by stolibox on :
 
this website says 5 BILLION common shares. link...


search plasticon. bummer. i guess when they say no reverse split, they just mean, we'll issue shares like candy. well, this is how pinks go to crap, and why they are pink.

http://soswy.state.wy.us/Corp_Search_Main.asp
 
Posted by Before_You_Buy_JR on :
 
quote:
Originally posted by StockHunter:
quote:
Originally posted by bond006:
Stock Hunter I don't know about for all the reasons you listed but i was in nico drops earlier this year and they increased thier total share count by 1 billion shares and never told us share holders i think with pinks they can do this. There was certianly a lot of mad investor's but they could do nothing.

Bond,
was that o/s or a/s. Its not unusual to issue shares that have been authorized without pre-notification. But if they can increase the authorized without a vote then shareholders are at basically an infinite risk of dilution. If a company is not on a listed exchange it could be we're at the mercy of state laws which could be much more lax on such matters.

An increase in A/S doesn't effect the price of the stock. An increase in O/S (s8) will force the pps down in the case of WHLI. A company can have 10m in o/s and raise it to 100b and it will not effect the stock one bit. This will only allow the company to dilute more shares when they decide to do so.
In other words don't sweat it to much. The company would have to file an S8 which would have to be released public unless they have an open order to do so already. Then again this is pink sheets and they really don't have to file.
What I would do if I was concerned about the o/ increasing just call the transfer agent everyday for the next 2 weeks. If the o/s remains about the same then you are ok...
 
Posted by Murnak on :
 
Webcast up!
http://www.thegr eenbaron.com/CEO%20Webcast.htm
 
Posted by Dagger Depot on :
 
there's news this morning but nothing about the stock itself.

Plasticon Transfers Wholly Owned Inventory of Injection Molds to New Production Facility
Monday October 31, 8:30 am ET


Injection Molds Have Been Independently Valued at $10 Million


LEXINGTON, KY--(MARKET WIRE)--Oct 31, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that on October 28, the company moved its wholly owned inventory of injection molds to the Pro Mold, Inc. production facility, to prepare for the completion of the acquisition of Pro Mold on November 9th. The inventory of injection molds has been independently valued at $10 million.

"We want to be prepared to immediately get into production the day after closing the acquisition," said Jim Turek, President and CEO of Plasticon International. "That is the main reason why we decided to move our inventory of injection molds in advance. There is a $1 million backlog in orders for Pro Mold. Additionally, demand has been increasing for our patented recycled plastic rebar support products, so we are very anxious to hit the ground running with our new facility. Acquiring Pro Mold, Inc. is a milestone in the history of the company. Plasticon will no longer rely on contract manufacturing from this point forward. This is the first time that Plasticon will control the manufacturing process from start to finish through its own wholly owned production facility."

The new production facility allows for $20 million in production and sales annually at present production capacity, and $8 million to $10 million in additional production capability with the recent purchase of several new Toyo machines. The total production capacity for the facility in the first year will be between $28 million to $30 million.

*fart*
 
Posted by ed19363 on :
 
Another fluff PR, but nothing about our concerns over the O/S. I didnt think a couple board posters could force anything out of them.
 
Posted by bond006 on :
 
Amazing not one thing said there was people that posted that said they called the company and the were knowageable about the posts on the boards. I guess thhey are in no hurry to set the record right or they just will avoid the issue.If this is true when due you think they will start to use them.
 
Posted by bond006 on :
 
A post from a member on R/B


« PLNI Message list | Reply to msg. | Post new msg. « Older | Newer »
By: rrm_bn4u
31 Oct 2005, 08:57 AM EST
Msg. 18032 of 18036
(This msg. is a reply to 17880 by rrm_bn4u.)
Jump to msg. #
I contacted the T/A. They indicated that it wwas their policy to refer inquirys about the Authorized and Outstanding to the issuing company. So no answers there.

rrm
- - - - -
View Replies »
 
Posted by DQ. on :
 
Not sure what to think anymore. This audit is so overdue it isn't funny. I was up about 22 grand in this stock and that has now been reduced to about 5 grand. Don't know what the future holds. Guess I'm going to keep holding for sure till they close on Promold and Semco.
I figured the pps would have been at .10 by now.
This is a real company with real assets gaining more assets as I type.Hmmmmmm
WTF!
 
Posted by bond006 on :
 
You all are right this is a real co with real assets and gaining more all the time but it looks like it is playing pinkie tricks
 
Posted by George on :
 
Gapper.....
 
Posted by bond006 on :
 
here comes the sales pouring in
 
Posted by bond006 on :
 
now the green right it may gap up this morning
 
Posted by successinstock on :
 
looks like the "short then cover at the close" scenario again....

buyers....i would wait until the p.m. to get your "cheapie shares".

GLTY
 
Posted by bond006 on :
 
volume 30,645.234 wow
 
Posted by successinstock on :
 
they are taking it down again....

hold on.

fyi...i called the sos and they stated that the documents are not "public record"...they did say that i could send them a letter (fax) and they would issue documentation on the company that "is public record"....ie articles etc...

i called 307-777-7378 and talked to Naomi.
 
Posted by jagman925 on :
 
RSI is under 30! In the past this has been the perfect time to buy this one. I'm not back in yet but thinking about it
 
Posted by Murnak on :
 
Love it! thankyou for the shares!!!!!
 
Posted by clbgroove on :
 
The docs that I have were faxed to succuessinstock and I'm sure he will post when he gets a chance. No word out of HQ yet apparantly and its still falling!!
 
Posted by successinstock on :
 
thanks clb groove...

folks this is a filing on 4/2005. I have scanned it and can send it to you via email. the actual "amendment" is a one page document signed by Turek.

i have a request in to the Wyoming S0S for the 10/13 filing.

What have we heard from Turek on the reason/s for the increase?
 
Posted by RahzM1ght on :
 
I got out before I lost more money. This stock is plummeting everyday. No signs of going back up.
 
Posted by Dagger Depot on :
 
Successinstock, you've got PM.

If the filing can be publically posted, I'll get a link for everyone after bit. I can host it on my server for a while
 
Posted by dalton05 on :
 
I like this stock but i got out at .0105
 
Posted by bond006 on :
 
There is too big of a cloud hanging over this stock right now maybe tuesday Turek will have an explanation but most of the time when you get the a/s increased it means you plan to dilute in the future some time. Ask the people that were in ican they put a gag on the t/a and 11.4 billion shares right into the float all the time blaming no rise of the pps on naked shorting of the mm's people bought it.
 
Posted by cold_up_here on :
 
Mapple is behind it all. VFIN appears out of nowhere after being on the ask for the last 6 months at .02
Look at Vfinances past history. They always have some sort of pending lawsuit. It's just too obvious Matt!! Your in Florida..VFIN is in Florida, I mean come'on!
 
Posted by bond006 on :
 
Just over 72 million shares traded and a slow downward movement sounds almost like dilution already
 
Posted by mbmaid on :
 
All I know is that ever since BIG APPLE came on, the stock has gone down. Man, I'm down 60% now, even after loading up on additional shares at .0127. This sucks...I still believe in the company, and their future, but something smells here.
 
Posted by bond006 on :
 
97 million shares and climbing
 
Posted by bond006 on :
 
I posted this this morning somebody on R/B vcalled the T/A and they said they would have to get with the co. on the matter of A/S and O/S


Member Rated:
posted 31-10-2005 09:19
--------------------------------------------------------------------------------
A post from a member on R/B


« PLNI Message list | Reply to msg. | Post new msg. « Older | Newer »
By: rrm_bn4u
31 Oct 2005, 08:57 AM EST
Msg. 18032 of 18036
(This msg. is a reply to 17880 by rrm_bn4u.)
Jump to msg. #
I contacted the T/A. They indicated that it wwas their policy to refer inquirys about the Authorized and Outstanding to the issuing company. So no answers there.

rrm
- - - - -
View Replies »
 
Posted by bond006 on :
 
So see something is up
 
Posted by DQ. on :
 
why such huge volume today??? Is everybody dumping now?
 
Posted by Bilo86 on :
 
thats what it looks like
 
Posted by johnny14511 on :
 
yes this high volume made it go down dumping.

but problaby good from today .........on.....
 
Posted by Dagger Depot on :
 
04/2005 PLNI filing:

h**p://www.favhost.com/plni/


I'll host this for a while on my server for everyone here. Feel free to show post on other mb's.
 
Posted by johnny14511 on :
 
quote:
Originally posted by Dagger Depot:
04/2005 PLNI filing:

h**p://www.favhost.com/plni/


I'll host this for a while on my server for everyone here. Feel free to show post on other mb's.

what exactly is it
 
Posted by state780 on :
 
quote:
Originally posted by johnny14511:
quote:
Originally posted by Dagger Depot:
04/2005 PLNI filing:

h**p://www.favhost.com/plni/


I'll host this for a while on my server for everyone here. Feel free to show post on other mb's.

what exactly is it
It's (apparently) a document showing PLNI amended its share count in April so that it had 3 billion authorized common shares and 100 million preferred shares.

Do I have that right Dagger?

Because, I hate to say this, but I'm even more confused than I was in the first place.

Because--and I REALLY hate to say this--I called Matt Maguire today (aka Mapple) and he said

1. The authorized share count is 5 billion

2. It has been 5 billion for the entire time he's been handling PLNI (five months?)

3. The outstanding share count is 2 billion

4. The float is around 500 million (the latter sounded like more of a top-of-the-head estimate than the Authorized and Outstanding share counts)

I should add he was pretty disdainful of message boards and made me run through the whole explanation of the 5 billion question over the weekend even though it eventually became clear he'd gotten calls about the message traffic from other investors.

Now, I'm surprised no other posters, neither here, nor at r. b. or investors hub (the three places I checked) reported back their conversations, since I obviously wasn't the only one to call in. I'll hazard a guess that some of them want to get the hell out of PLNI first, or else were .... very surprised, let's put it that way, at the 5 billion authorized share count.

Me, I'm in so deep now I'm not going to sell at this level. If I have to wait awhile to regain it, I'll take the chance. And who knows exactly what the reaction will be with semco and promold closings, and possibly (we hope) the audit.

I asked Matt if he knew when the a/s count had risen to 5 billion, and he said he didn't know but would look into it. I'm going to call back at least once and see what he's come up with. IF the document posted here by Dagger is the real deal, then it looks as if the boost may have happened recently. But pink sheets are so crazy I'm not even sure we could be certain of that.

I mean, it's also possible Matt was wrong about the 5 billion. I say that because frankly he was an unimpressive character. Maybe he was off his game after getting irate calls, but he was very defensive. Oh well. I have bad days myself. He also spoke as if every sane person in the world knew the a/s had been 5 billion for some time, and I can't imagine he would be so ignorant as to believe that.

Nevertheless, he emphasized that it was 5 billion authorized, "not issued," and the o/s of 2 billion and 500 million float is at least in the neighborhood of what's been quoted on this board before. I was too surprised by all of this myself to ask how this fit into Turek's Aug. 24 PR where he announced a 200 million share buyback as "the first step in a process designed to decrease the total outstanding shares and increase shareholder value."

That's all for now. The shenanigans with the authorized share count is, I'm afraid, typical of pinkies. What's untypical is the real commercial activity going on--Toyo machines being installed, a company that actually makes things (plastic rebar), etc.

The question I have about the document Dagger made available (and I know another poster located it, apologies for forgetting who) is this: Why doesn't it read "5 billion," which is what Maguire told me?

Was another amendment filed after this one, adding another 2 billion?

Did Maguire misspeak to me? He said 5 billion several times, in response to my queries.

I welcome comments especially from others who called in today. I'd love to be told I was the only one to hear this--but it is what I heard.
 
Posted by rangers684 on :
 
Good work, thank you
 
Posted by will on :
 
Good work would be to find out the details of:

"and 100 million preferred shares"
 
Posted by state780 on :
 
quote:
Originally posted by will:
Good work would be to find out the details of:

"and 100 million preferred shares"

well, my friend, you can declare what good work would be, or you can do it.

pretty small potatoes anyway compared to the Great 5 Billion Sea. In the normal world preferred shares can pay dividends, do not have voting rights, and if I understand correctly do not go up and down in price like common shares do. But who knows what they do in pinky land.
 
Posted by will on :
 
"But who knows what they do in pinky land"

Well, my friend, in pinky land they can be converted to common shares sometime at the will of the company, and used to dilute the heck out of your investment. I haven't looked at any SEC Filings, but if they do file, somewhere the detail of the preferred issued should be explained. If/when I decide to buy a position in this company I might look for it, probably best to just swing/day trade it though. I doubt it will ever be a viable company.
 
Posted by will on :
 
This is all I see, and all I care to see for now:

.0067 65 Day Low

10/31/05 Today's Volume - 97293289
5-Day Avg. Volume 42525219
20-Day Avg. Volume 22055484
50-Day Avg. Volume 21515719

Where do you suppose all those shares came from?
 
Posted by state780 on :
 
quote:
Originally posted by will:
"But who knows what they do in pinky land"

Well, my friend, in pinky land they can be converted to common shares sometime at the will of the company, and used to dilute the heck out of your investment. I haven't looked at any SEC Filings, but if they do file, somewhere the detail of the preferred issued should be explained. If/when I decide to buy a position in this company I might look for it, probably best to just swing/day trade it though. I doubt it will ever be a viable company.

I have no doubt that it wil be a viable company--the only question is when. Meanwhile, I only wish that the scale of our current situation concerns the risk of a mere 100-million share dilution.
 
Posted by will on :
 
Well, if were just a one to one conversion ratio, I wouldn't be worried either. That's why it is important for anyone loking at this long term to find out the detail of the preferred shares. they can have a conversion ratio of 1 to 100 common shares, 1 to 1,000, 10,000, 100,000, whatever the company reported the conversion rate is.
Pennies are probably best looked at as swing/day trade investment, not long term.
I like the volume, and the fact that it is at a 65 day low, but it might have to inch down a bit more on high volume before it recovers, but if/when it does, expect it to fall to these price levels again in the short term.
Good luck if you believe in this company. hope it wroks out the way you believe it will. It has been my expereince that not many of these pennies make it out of penny land.
 
Posted by successinstock on :
 
state..

the document on 4/2005 raised the o/s shares to 3B...the document (which i am getting from the Wyoming SOS) i assume takes us to the 5 billion mark.

This form was filed (from what i understand on the website) on 10/13/05.

Unless the form is over 5 months old and was just submitted on 10/13, Matt is full of BS.
(from your call with him)
 
Posted by state780 on :
 
quote:
Originally posted by will:
Well, if were just a one to one conversion ratio, I wouldn't be worried either. That's why it is important for anyone loking at this long term to find out the detail of the preferred shares. they can have a conversion ratio of 1 to 100 common shares, 1 to 1,000, 10,000, 100,000, whatever the company reported the conversion rate is.
Pennies are probably best looked at as swing/day trade investment, not long term.
I like the volume, and the fact that it is at a 65 day low, but it might have to inch down a bit more on high volume before it recovers, but if/when it does, expect it to fall to these price levels again in the short term.
Good luck if you believe in this company. hope it wroks out the way you believe it will. It has been my expereince that not many of these pennies make it out of penny land.

Well--that's true, without a doubt. PLNI seems unusual to me for a pinky for reasons discussed in the last 4,000 posts or so. But I'll admit to being more sure of that a couple months ago than today!
 
Posted by state780 on :
 
quote:
Originally posted by successinstock:
state..

the document on 4/2005 raised the o/s shares to 3B...the document (which i am getting from the Wyoming SOS) i assume takes us to the 5 billion mark.

This form was filed (from what i understand on the website) on 10/13/05.

Unless the form is over 5 months old and was just submitted on 10/13, Matt is full of BS.
(from your call with him)

Thanks for that info, success.
 
Posted by will on :
 
"well, my friend, you can declare what good work would be, or you can do it"

So, it would seem I don't have any "good work" to do. It would be right or appropriate for someone who had an investment in PLNI to do "good work" to find out what is going on with the unusually high volume, and the status and deatil of the preferred.

I wasn't being a wise ass intitally, evidentally you took it that way. There are a lot ways these companies can dilute and then R/S you out of your money. Converting preferred shares into millions of common shares is one way. Increasing the O/S is obvious, but they're a lot smeakier than the obvious. Just trying to be helpful. Hope it plays out well for you.
 
Posted by successinstock on :
 
one thing to watch and add to our many questions on trading activity is the fact that the volume spikes at the end of "each" day.

see for yourself..

i find this odd. i have tracked other stocks that were in the camp of the short sellers and plni is acting very similar.


http://finance.yahoo.com/q/bc?s=PLNI.PK&t=1d&l=on&z=m&q=l&c=

see for yourself...go back and look at each day.

makes you wonder...

nite all.
 
Posted by will on :
 
"in the camp of the short sellers and plni is acting very similar."

Another common claim of companies that are diluting their stock.
 
Posted by successinstock on :
 
thanks for your expert opinion...

at least my guess may have substance....

ask your buddies on the other boards to support your guess and good luck to you.
 
Posted by will on :
 
Not a guess, that is an accurate statement. Many companies that are diluting blame the decrease in PSS on short selling.
PLNI was trading at .0016 in August. Then they probably had a few favorable PR's and drove the PPS to .019 range. They raised the A/S. Why do you think they did that, just in case? They have 100M preferred shares that no one bothered to learn the conversion ratio or detail of, why do they have the them at all?
I assume you have a substantial amount invested in this stock. Fortunately I do not own any. I am simply trying to make you aware the ways these companies screw you. No skin off my nose, you''ll see dilution and a R/S, and your 100,000's of thousands share become 100's of shares with a PPS that will drop faster than rock.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:


I should add he was pretty disdainful of message boards and made me run through the whole explanation of the 5 billion question over the weekend even though it eventually became clear he'd gotten calls about the message traffic from other investors.
_ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _

I mean, it's also possible Matt was wrong about the 5 billion. I say that because frankly he was an unimpressive character. Maybe he was off his game after getting irate calls, but he was very defensive. Oh well. I have bad days myself. He also spoke as if every sane person in the world knew the a/s had been 5 billion for some time, and I can't imagine he would be so ignorant as to believe that.

State,
Thanks for the report. I don't think its just that Matt was having a bad day, although I'm sure he was, its that he got exposed and now its time for damage control and denial.

I think he put you through the paces on the 5 billion because he plays the rolling denial game. This was a common practice in Washington during the 90s. You only tell as much truth as the questioner is aware of and lie about the rest. When the questioner learns more, you acknowledge more, but claim you were honest about it all along.

Matt will not respond by email. He does this so he can never be held legally liable for any misinformation he broadcasts verbally. He was very terse and defensive in all my conversations with him. I first chalked it up to catching him at the wrong time. Later I figured out it was becuase i was asking the tough questions.

A couple months ago he stated the authorized was 2.0 billion and could not be raised without a vote of the shareholders. Now he acts as though everyone should have known it was 5 billion? This is a game and we are his pawns. When I corrected him on several points earlier, he always had a slick response. For example, when he said PLNI had no competition for plastic rebar supports, I came back with Aztec. He then said he meant no publicly traded companies. When I asked him of any other private company competitors he said it was not his job to promote other companies products, as if this was immaterial to PLNIs prospects.

Matts job is to get people to buy shares and to run interference for Turek and Howe. IMO, you cannot believe anything he or the company says from here on out. If they are dishonest with the shares and hire a promoter to do PR, you cannot trust them on anything. The fact that some of the business developments they have announced are clearly moving forward only sets us up to believe they must be credible. Its a very mixed bag and there are at least 5 billion shares in that bag.
 
Posted by StockHunter on :
 
quote:
Originally posted by successinstock:
one thing to watch and add to our many questions on trading activity is the fact that the volume spikes at the end of "each" day.

see for yourself..

i find this odd. i have tracked other stocks that were in the camp of the short sellers and plni is acting very similar.

http://finance.yahoo.com/q/bc?s=PLNI.PK&t=1d&l=on&z=m&q=l&c=

see for yourself...go back and look at each day.

makes you wonder...

nite all.

I think a good chunk of these late trades are actually trades made earlier that did not get recorded and corrections of earlier trades. On the L2s for today you see 4 sets of likely corrections totalling 24 million shares that incorrectly were added to the total volume for the day. Its common for MMs to square up and correct thier ledgers at the end of the day. Notice the trades are recorded at the same time and same volume and possibly same price. The first probably reiterates the original trade, the second cancels the first and the third changes one parameter and is the corrected trade. When all three look identical there is probalby a parameter we cannot see on our L2s [like name of MM or counterparty] that is being corrected. Since our L2s are abreviations of the total data recorded we don't see the notations of what is actually going on.

16:37 0.0068 4,000,000
16:37 0.0068 4,000,000
16:37 0.0068 4,000,000
16:36 0.0067 500,000
16:06 0.0067 500,000
16:06 0.0067 500,000
16:00 0.0068 110,000
16:00 0.0068 110,000
16:00 0.0068 110,000
15:59 0.0067 3,500,000
15:59 0.0067 3,500,000
15:58 0.0068 3,500,000
 
Posted by bond006 on :
 
I wonder what is in store for us today maybe some one at plni will address the issues and say what there intentions are. We will see
 
Posted by RahzM1ght on :
 
I wonder when I should buy stock in this company. Everyday its just been dropping.
 
Posted by bond006 on :
 
Well with all the news coming up it is either a good time to buy or into this good news plni will be diluting and the pps won't do anything like we think it should at this time the company,s credibility looks pretty bad and they did not have good intentions for the share holders only time will tell you noticed nobody came forward to dispute anything
 
Posted by ed19363 on :
 
IMO, we been screwed again.
 
Posted by mbmaid on :
 
I may be wrong, but it looks like we may have seen the bottom. Buys are coming in...
 
Posted by bond006 on :
 
http://www.rallymonkey.com/video/kenindex.swf
 
Posted by kptmoe on :
 
why is someone buying this stock==there lookin' for a good assrippin'
 
Posted by mbmaid on :
 
We need an answer from the company, plain and simple. Mapple is useless. Has anyone tried calling Bill Howe?
 
Posted by mbmaid on :
 
Buys coming in...looks like a run is setting up...

Ask at .008
 
Posted by state780 on :
 
quote:
Originally posted by mbmaid:
Buys coming in...looks like a run is setting up...

Ask at .008

Glad to see the rise, though I certainly don't understand it.
 
Posted by mbmaid on :
 
What's there not to understand? What have we been talking about for the last 6 months? It's all about to happen.
 
Posted by Bilo86 on :
 
its been dropping daily, of course its gonna rise a little today
 
Posted by cold_up_here on :
 
Matt still continue's to sell through VFIN. What a dirty little weasel! Don't trust any information you receive from this clown. His priorities differ's greatly from ours. We need info from JT or BH only.

Has anyone here been taking the time to read this Sarbanes-Oxley crap? Geeeeezzzz! Cost a small fortune, limited amount of Sarbanes qualified auditors,etc,etc,etc...This crap is made to protect investors! Nonsense my boy! Answer to 99 out of a 100 questions- $$$$$$$$ After thy uplisting to the OCTBB, Plasticon better receive a massive tax break or something! Ridiculous!!
 
Posted by cyclekitty1 on :
 
Why is it cold, that everytime you make an apperance on this thread the pps rises? We just love hearin from ya!
 
Posted by Chopper on :
 
I wonder if the Plasticon guys attended this conference? Good way to continue to get the name and product out.

The 2005 PCI National Bridge Conference - Bridges For Life™
The PCI National Bridge Conference (NBC) is the premier national venue for the exchange of ideas and state-of-the-art information on concrete bridge design, fabrication and construction - particularly precast, prestressed concrete bridges. The 2005 NBC will be held in conjunction with the PCI Annual Convention and Exposition, October 16-19, 2005 at the Wyndham Palm Springs Hotel & Convention Center in Palm Springs, California.

http://www.pci.org/index.cfm
 
Posted by mbmaid on :
 
Why the F*** do they hire Mapple to issue press releases, pay them in shares, and then agree to allow Mapple to dump them into the open market? What a friggin kick in the A** to the shareholders.
 
Posted by Chopper on :
 
Big Apple as I read the info only has about 50 million shares. There are small groups of stock holders here that have a much larger stake than that.
 
Posted by Bearclaw on :
 
Mb...
I'm not a big fan of Apple either...but...you sure your reading this right with the shares...??? I don't think they've dumped one share...not a one...
I think the mm's went after more shares by walking up the PPS to get them...Like scavangers..

quote:
Originally posted by mbmaid:
Why the F*** do they hire Mapple to issue press releases, pay them in shares, and then agree to allow Mapple to dump them into the open market? What a friggin kick in the A** to the shareholders.


 
Posted by mbmaid on :
 
quote:
Mb...
I'm not a big fan of Apple either...but...you sure your reading this right with the shares...??? I don't think they've dumped one share...not a one...
I think the mm's went after more shares by walking up the PPS to get them...Like scavangers..

I think so too, and I hope we're right. But there's this thing with the extra 3 billion shares, and what Cold says makes sense. I don't know what the hell to think. I backed up the truck at .0127 thinking I was making a steal. Now we have a whole new level of shareholders that'll sell just over a penny...unless it runs hard. I keep telling myself to close the computer and check back in at the end of the year.
 
Posted by successinstock on :
 
Wyoming SOS...faxed me the 10/13 filing

It states "the total number of shares of stok the corporation shall be authorized to issue is FIVE BILLION (5,000,000) SHARES OF COMMON STOK WITH A PAR VALUE OF $.001"...

Excuse the caps that was from the statement on the form...

I will get with Dagger to see if he can post this on his website.

This is public information, it is not secret insider info.

GLTY
 
Posted by StockHunter on :
 
This action is very disturbing. Many more buys than sells and VFIN now forcing it lower after fading this morning and allowing a little run. The fade this morning was consistant with a long seller trying to get the best price. The rather illogical walk down against the flow now is consistant with either a naked short going for the knockout blow [unlikely, IMO], or a long seller desperate to reach a certain dollar amount by a given date.

The lower this goes, the more shares it takes to raise the same amount of money. Could they be under a strict time pressure to raise a given amount of money? Its looking more and more like that now. Not trying to pile on here, but this is starting to feel like a death spiral and VFIN is at the controls. All IMHO.
 
Posted by Dagger Depot on :
 
send it over, I'll post it a.s.a.p
 
Posted by successinstock on :
 
dagger you have mail
 
Posted by state780 on :
 
quote:
Originally posted by successinstock:
dagger you have mail

Super & depressing & very necessary DD. Confirms the A/S count that Mapple gave me yesterday on the phone. Contradicts his statement that it had been at that level since he started handling PLNI.
 
Posted by successinstock on :
 
i hope the need for the shares is for collateral or something like that....

one can only hope....

i would guess in the next two weeks we will all know.
 
Posted by Bearclaw on :
 
Success...
You won't know until and/or if they ever register them...Right now the O/S is 1.8 billion...Nothing more has been registered...

quote:
Originally posted by successinstock:
i hope the need for the shares is for collateral or something like that....

one can only hope....

i would guess in the next two weeks we will all know.


 
Posted by DQ. on :
 
Is this heap of crap just going to keep falling every day till we hit .0000.
What does it take to have ONE up day Jim??????????
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Success...
You won't know until and/or if they ever register them...Right now the O/S is 1.8 billion...Nothing more has been registered...

quote:
Originally posted by successinstock:
i hope the need for the shares is for collateral or something like that....

one can only hope....

i would guess in the next two weeks we will all know.


Bear, for the record, yesterday Matt Maquire told me on the phone that the 0/S is 2 billion, not 1.8 billion.

To recap, he said

Authorized is 5 billion
outstanding is 2 billion
float is 500 million
 
Posted by Bearclaw on :
 
State...
Matt doesn't know where the hell to piss in the morning never mind remember the shares of PLNI...

Outstanding is 1.8....float 500 million...Right now...today...that's all that matters...

I wouldn't believe anything from Apple...I disregard what they say...Learned not to trust him...
 
Posted by state780 on :
 
To clarify my post above, since we have little enough clear info as it is: I did not ask IF the o/s was 1.8 billion; so I did not get a reply from Matt saying "No, it's not 1.8..."

I simply asked what the numbers were for authorized, outstanding, and float, and his answers were respectively 5 billion, 2 billion, and 500 million.

Also he noted the 5 billion was not issued--just authorized.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Bear, for the record, yesterday Matt Maquire told me on the phone that the 0/S is 2 billion, not 1.8 billion.

To recap, he said

Authorized is 5 billion
outstanding is 2 billion
float is 500 million

This all makes for some interesting math. If the o/s is 2 billion after retiring 200 million, then the base was an o/s of 2.2 billion before the retirement PR. Can anyone ever remember when the o/s was 2.2 billion? These numbers and words are losing value faster than the stock.
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
State...
Matt doesn't know where the hell to piss in the morning never mind remember the shares of PLNI...

Outstanding is 1.8....float 500 million...Right now...today...that's all that matters...

I wouldn't believe anything from Apple...I disregard what they say...Learned not to trust him...

Bear, what do you base that on? And in what other situation has Matt ever underestimated how many shares are out there?

Sure hope you're not relying on pinksheets, since he said the company isn't responsible for what's on there.

What would be his motivation for exagerrating how many outstanding shares there are? Sorry, I'm very confident you're wrong about this.
 
Posted by Bearclaw on :
 
State...
I understood that and I'm suggesting to you not to trust what Matt says...Just my experience dealing with them...Apple ...Speaks out of both sides of his mouth and occasionally out his arse...
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
State...
I understood that and I'm suggesting to you not to trust what Matt says...Just my experience dealing with them...Apple ...Speaks out of both sides of his mouth and occasionally out his arse...

I hear you. Let me put it this way--as another poster said above (and I'm sorry I forget who, it was very well put), the method is to deny bad news, and when somehow forced to acknowledge it, pretend it was never denied in the first place.

I don't trust what Matt says, except to the extent that if it's bad news--if it casts PLNI in a worse light--it has to be true because the guy only consents to acknowledging damaging information under duress or the indisputable light of public records.

Maybe I'm wrong to approach it that way, but there's nothing in Big Apple's behavior to argue otherwise.

With that in mind, I'm confident--sadly confident--that the o/s is 2 billion.
 
Posted by Dagger Depot on :
 
10/13/05 filings can now be downloaded from h**p://favhost.com/plni

Thanks to CLBGroove and Successinstock for their research.
 
Posted by Bearclaw on :
 
OK State...
You trust your inuition and I'll trust mine...It really makes no difference unless you factor in the annual profit and then factor in the multiple for the industry sector and divide it by the O/S to get the PPS value...so until we get numbers it really doesn't matter...

I believe it is 1.8 Bil O/S and you feel it's
2 Billion...So let's leave it there...
 
Posted by state780 on :
 
quote:
This all makes for some interesting math. If the o/s is 2 billion after retiring 200 million, then the base was an o/s of 2.2 billion before the retirement PR. Can anyone ever remember when the o/s was 2.2 billion? These numbers and words are losing value faster than the stock[/QB]
Yeah, no kidding.

And speaking of the retirement pr--I don't think we ever got confirmation that 200 million shares were retired. I could be wrong, and welcome correction.

But either way, what appears to be a revised authorized share count of 5 billion is particularly distressing after Turek's announcement of the share retirement plan. "The first step" in enhancing shareholder value, as he said at the time.

(It's sad, by the way, to read posters over at r.b. still writing as if a 5 billion a/s count is fiction, never happened, couldn't happen--they still don't have anyone quoting Mapple. All those posters with internet access but no telephones apparently.)

I'm beginning to wonder if this is what's been holding up the audit--I wonder if the audit really is done, that somewhere along the line (like 5 minutes after Turek's share retirement pr on aug. 24) they finalized plans to acquire promold and semco with shares, but didn't want to tank the pps so are holding the final audit, with the 5 billion info, to follow the acquisitions. I know someone here said promold wasn't acquired that way, but who can be sure of anything at this point.
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
OK State...
You trust your inuition and I'll trust mine...It really makes no difference unless you factor in the annual profit and then factor in the multiple for the industry sector and divide it by the O/S to get the PPS value...so until we get numbers it really doesn't matter...

I believe it is 1.8 Bil O/S and you feel it's
2 Billion...So let's leave it there...

you know, sorry I've wasted the bandwidth--seriously. I should not be quibbling with you over a measly 200 million shares! If only our problem were that small.
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
10/13/05 filings can now be downloaded from h**p://favhost.com/plni

Thanks to CLBGroove and Successinstock for their research.

Excellent work.

Read it and weep.
 
Posted by successinstock on :
 
roughly about 15 million volume spike in the last 15 minutes of trading....

seems like the trend has been set.

interesting work by vfin.
 
Posted by mbmaid on :
 
Turek has been caught with his hand in the cookie jar. Let's hope he steps up top the plate and explains himself.

He just lost a good deal of credibility, in my opinion.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:


I'm beginning to wonder if this is what's been holding up the audit--I wonder if the audit really is done, that somewhere along the line (like 5 minutes after Turek's share retirement pr on aug. 24) they finalized plans to acquire promold and semco with shares, but didn't want to tank the pps so are holding the final audit, with the 5 billion info, to follow the acquisitions. I know someone here said promold wasn't acquired that way, but who can be sure of anything at this point.

I've felt all along the biggest tie up to going OTC BB was the more stringent regulatory requirements that would create. Right now they can authorize and issue shares secretly while hiding behind safe harbor as they deceive us with all the rosey projections and promises. They could never have gotten off as many shares as they likely have over the past couple months if a simple EDGAR search brought up the filings up to 3.0 and 5.0 billion. Plus we would know the terms of the preferred shares.
 
Posted by mbmaid on :
 
http://biz.yahoo.com/pz/050527/79010.html

Remember this?
 
Posted by StockHunter on :
 
The amendment says it was adopted "by the shareholders". If I read this right there was (1) vote by (1) class [board of directors] and (1) represented in the meeting.

So Turek had a meeting with himself. He asked himself if he agreed to increase the a/s to 5.0 billion and he told himself yes. The debate and vote took 30 seconds, but the meeting dragged on for over an hour and Turek argued with himself over how to spell his last name.
 
Posted by bond006 on :
 
Of course that is pretty much the case in a nut shell. if you are going to dilute you do it during the most fantasic news in the company history right now. Then you go and file fo otc bb r/s and next step amx. Jim turek in a pr said he would not r/s until he applied for either otc or amx. he will keep his time frame on that promiss.
 
Posted by successinstock on :
 
bond...what pr was that?
 
Posted by bond006 on :
 
why should he explain himself he got what he needed from us and now he is done. Mark my words we are all going to be canned like a dirty shirt.
 
Posted by bond006 on :
 
i will look it up it was at the time him and howe did there interview with a groupe of investors and at the end howe said they would get there stock under control by doing a reverse and then they cut the tape Turek came out with a pr the next day that was part of it.
 
Posted by successinstock on :
 
thanks bond...i do recall that both PR's with Promold/Semco said no dilution and the share retirement pr stated that there would be no R/S.

I would like to see what he says about the 5B A/S shares.

I won't like to think that i was fooled that much. If i was shame on me.

take care....
 
Posted by ed19363 on :
 
quote:
Originally posted by StockHunter:
The amendment says it was adopted "by the shareholders". If I read this right there was (1) vote by (1) class [board of directors] and (1) represented in the meeting.

So Turek had a meeting with himself. He asked himself if he agreed to increase the a/s to 5.0 billion and he told himself yes. The debate and vote took 30 seconds, but the meeting dragged on for over an hour and Turek argued with himself over how to spell his last name.

Remember the old comic strip "There oughta be a law"?
It applies here.
 
Posted by bond006 on :
 
Please disregard my last post I cannot verify what my memory hastold me I read I thought there was 2 posts on 6/21/05 .this is all i found

Announces: No Reverse Stock Split
Tuesday June 21, 10:03 am ET
Based on Potential Sales and Earnings, Plasticon Expects Number of Shares Issued and Outstanding Will be in Line With Projected Growth, Therefore Eliminating the Need for Reverse Split


LEXINGTON, Ky., June 21, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) today announced that there are no plans for a reverse stock split based on projected sales and earnings.
ADVERTISEMENT





``A reverse stock split is absolutely off the table,'' said Jim Turek, President and CEO of Plasticon International, Inc. Mr. Turek added that should it be necessary to reduce the number of issued and outstanding shares, management is committed to both retiring its own personal shares and the company is committed to buying back shares as well.

``Our sales and earnings potential is the key driver for our company, and we expect an adequate number of shares as we move forward,'' Mr. Turek said. ``The market potential for our three main product lines - rebar supports, transportation signage, and plastic lumber - is so enormous that a reverse stock split is not required. Rebar supports is a $25 billion per year industry. Transportation signage is a $20 billion industry in the U.S. alone. And plastic lumber sales, which have been rising at a rate of 40% per year, are increasingly gaining market share. We are strategically positioned to become the dominant force and to profit from our product innovations as recycled plastic continues to gain acceptance as the industry standard material for these applications. Increased government regulation, the skyrocketing price of steel, and Plasticon's cost-effective, superior products all combine to position Plasticon for continued profitability.''

Plasticon International recently announced that as of the second quarter of 2005, the company is profitable. ``This is really a thrilling time for us because the world is catching up to our vision. The assumption now is that companies should be environmentally friendly. We've proven that not only is it the right thing to do, it's the profitable thing to do. We look forward to continuing to provide value to our customers, the public and our shareholders.''

Mr. Turek emphasized that after years of laying the foundation of the company, through research and development, product innovations, patent approvals, and applying for and receiving DOT acceptance in all 50 states, Plasticon is now reaping the fruits of its labor. ``I believe that the most important trait in business is persistence. With the help of our dedicated, distinguished management team, we built a great base and now we are ready to move into the next phase, which is our aggressive sales and marketing rollout. We are just beginning to see the impact of our exclusive contract with the largest building materials distribution company in the U.S. That contract now makes us the largest supplier of rebar supports in the country. We are also ramping up our global sales and marketing efforts and we certainly expect exponential growth with our major product lines in the near future.''

For more information, please visit Plasticon International online at http://www.plasticonintl.com.

About Plasticon International, Inc.

Plasticon International (http://www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: http://www.plasticonintl.com

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.
 
Posted by cold_up_here on :
 
Now you know what I mean by me being bad luck! ? doesn't EPS go off of the O/S and not A/S ?
 
Posted by state780 on :
 
nice bond. There was also this, the Aug. 24 PR, when if I recall corrrectly pps was bouncing around .014:

LEXINGTON, Ky., Aug. 24, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that their Board has approved the retirement of 200 million shares, the first step in a process designed to decrease the total outstanding shares and increase shareholder value

``We believe that the retirement of shares will add tremendous value for our shareholders,'' said Jim Turek, President and CEO of Plasticon International. ``This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares. We firmly believe that this is in the best interests of both our shareholders and the company.''

Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares.

The retirement of 200 million shares is in addition to positive earnings. Plasticon recently announced that it is profitable as of the second quarter in 2005. ``We believe that the retirement of shares will be significant as the first step in a process that should result in a better reflection of the value of Plasticon's shares,'' Mr. Turek concluded....

from

http://biz.yahoo.com/pz/050824/84456.html
 
Posted by cold_up_here on :
 
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Posted by StockHunter on :
 
quote:
Originally posted by bond006:

Announces: No Reverse Stock Split
Tuesday June 21, 10:03 am ET
Based on Potential Sales and Earnings, Plasticon Expects Number of Shares Issued and Outstanding Will be in Line With Projected Growth, Therefore Eliminating the Need for Reverse Split

LEXINGTON, Ky., June 21, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) today announced that there are no plans for a reverse stock split based on projected sales and earnings.

``A reverse stock split is absolutely off the table,'' said Jim Turek, President and CEO of Plasticon International, Inc. Mr. Turek added that should it be necessary to reduce the number of issued and outstanding shares, management is committed to both retiring its own personal shares and the company is committed to buying back shares as well.

Disclaimer: The Company relies upon the Safe Harbor Laws of ...

They key to this and all other PRs is the Safe Harbor Disclaimer. Turek can do an r/s and state that conditions he had expected to develop did not go according to his projections. No legal liability there. He can also do a creative r/s by spinning off the bulk of the company at a heavy ratio and leave a worthless shell with the Plasticon name. The spin off would be the reverse split stock in reality if not in name. You can drive a truck through the holes they leave themselves with most of their statements.
 
Posted by state780 on :
 
quote:
They key to this and all other PRs is the Safe Harbor Disclaimer. Turek can do an r/s and state that conditions he had expected to develop did not go according to his projections. No legal liability there. He can also do a creative r/s by spinning off the bulk of the company at a heavy ratio and leave a worthless shell with the Plasticon name. The spin off would be the reverse split stock in reality if not in name. You can drive a truck through the holes they leave themselves with most of their statements.
I have no doubt of that.
 
Posted by SchwarzBiest on :
 
quote:
Originally posted by StockHunter:



They key to this and all other PRs is the Safe Harbor Disclaimer. Turek can do an r/s and state that conditions he had expected to develop did not go according to his projections. No legal liability there. He can also do a creative r/s by spinning off the bulk of the company at a heavy ratio and leave a worthless shell with the Plasticon name. The spin off would be the reverse split stock in reality if not in name. You can drive a truck through the holes they leave themselves with most of their statements.

So are you saying that there may be a reason for TBLU to still exist?

Is it legal for them to sell a ton of shares at .0122, then turn around and buy them back again at the current price range of .006x?
 
Posted by state780 on :
 
quote:
Is it legal for them to sell a ton of shares at .0122, then turn around and buy them back again at the current price range of .006x?
I don't see why not. I can, you can, anyone can.
 
Posted by shortnite on :
 
WTF is going on? [Confused] [Mad] [Frown]
 
Posted by will on :
 
"Success...
You won't know until and/or if they ever register them...Right now the O/S is 1.8 billion...Nothing more has been registered"

Does PLNI file? I looked up Plasticon on the Edgar Company Search : http://www.sec.gov/cgi-bin/browse-edgar? ,and found no filings.

Last filing I found was under the old name: WICKLUND HOLDING CO, DEF 14C, 8/30/04. Found it at pinksheets.com but no link to the detail.

8/30/04 they had 1,329,283,171 issued and outstanding common stock of Wicklund.
the Majority Shareholders will hold, of record, 938,032,062 shares of Wicklund's common
stock
 
Posted by will on :
 
Here's the link to their last filing 8/30/04:

http://www.sec.gov/Archives/edgar/data/318262/000114420404013673/0001144204-04-013673.txt
 
Posted by successinstock on :
 
Well it seems that the post for the authorized shares has set folks off.

Due to the unknown, I can't say that i blame them.

I don't know Turek and can't say I believe what I hear one way or the other.

I have to trust my feeling on this one, and my feeling is that this will all come together.

If Turek is dumping, why would he not have dumped when the stock was at .015+? I mean if you look at the volume in the past 2-3 weeks, it is staggering.

If it was so easy to obtain a filing from Wyoming for pete's sake, it is my feeling that we would be able to find out if he actually issued these shares, and possible know that he is selling.

The first amendment was done in April 2005 that took the share count to 3B. The latest filing on October 13 took the authorized share count to 5B.

I have been in this stock for a while, and I never heard a peep back in April of the increase above.....why?

Why is this hitting the fan now?....because the share price is retracing?....because some believe Turek is selling these shares?....because the MM's are manipulating the hell out of the price??....

I believe that there is a motive to reduce the share price to create this panic. I believe that the share price will keep falling until a day or two before the announcements start to happen.

If their are people here that are telling to hold so they can sell, then sell and rid yourself of sleepless nights.

I say hold if you want too. We will all know if PLNI is hocus pocus in the next couple of weeks. I have held too long to sell now and ruin an interesting ending.

Good luck on your choice.

I am off the boards until Nov. 9th.
 
Posted by state780 on :
 
>>The first amendment was done in April 2005 that took the share count to 3B. The latest filing on October 13 took the authorized share count to 5B.

I have been in this stock for a while, and I never heard a peep back in April of the increase above.....why?<<

Because the company didn't tell you. And it's hitting the fan now because somebody actually did due diligence and found the legal document authorizing a new total of 5 billion shares, which is a fact not contradicted even by the otherwise useless Matt Maguire.

Great product, pathetic management.

I don't know if a successful closing of the promold and semco deals PLUS a completed audit soon to follow will succeed in moving the stock north, but I am willing to hope for the best.
 
Posted by DQ. on :
 
My concern with all the shares is that they are selling them and using the money to do all these buy outs. If they were wanting to get the stock price up they shouldn't be adding to the share count. I mean MY GOD.... how many shares can you have. How do you ever get the price up. I guess if you dump a billion shares out for sale when the price is at .01 you make 1 million bucks...not bad. Kinda like printing counterfit money...just print more and sell em quick.
I have been with this stock nearly 2 years now. Burns my butt to watch this fall every day now.

My thoughts on the audit is that they don't want to put it out cause it will show all the shananigans that they don't want you to see.
I have held forever and have watched about 18k slip away now but I guess I'm hard headed enough to keep holding.
Just very concerned these days. Audit was due out over a year and a half ago.Tried calling Matt today about 6 times and every time he was on the phone or away from his desk.

Oh well....venting and voicing my 2 cents worth which are about to be worth more than my PLNI.
Holding...good luck all!
 
Posted by DQ. on :
 
While I'm writing this short story...

I emailed Plasticon yesterday and told Jim I was a Long Term stockholder that was concerned with the new O/S findings and the decline in price. I asked if he could put out a tax return...a contract...or anything with HARD NUMBERS that would give shareholders something to have faith in.
For the first time..today I recieved an email from Matt asking that I call him for all of my concerns.
Guess Jim just forwarded it to Matt.
 
Posted by elitedb on :
 
If my math is right a billion shares at a penny is 10 million dollars. Nice work if you can get it.

Has anyone every heard even a ball park figure of how much they are paying for Semco and Pro Mold.

I only remember hearing it was privately financed and both companies are profitable. Right about now I sure wish I knew some of the details of the purchase and the profitability of each of them. Sure make me feel better about my holdings.
 
Posted by state780 on :
 
quote:
Originally posted by DQ.:
While I'm writing this short story...

I emailed Plasticon yesterday and told Jim I was a Long Term stockholder that was concerned with the new O/S findings and the decline in price. I asked if he could put out a tax return...a contract...or anything with HARD NUMBERS that would give shareholders something to have faith in.
For the first time..today I recieved an email from Matt asking that I call him for all of my concerns.
Guess Jim just forwarded it to Matt.

If you call Matt, you might ask him

1. Why PLNI made no announcement of its April amendment boosting to 3 billion authorized shares OR the 5 billion amendment filed this month

2. How on earth this squares with the Aug. 24 PR in which Turek announced the retirement of 200 million shares (the PR is at yahoo AND plasticon's website, where it is marked as a "special alert."). And how is that share retirement going, by the way? In that PR it is described as "the first step in a process designed to decrease the total outstanding shares and increase shareholder value.."

Basically, the question there is "How is this not grossly deceptive? You have a press release on your site claiming share reductions at the same time you're vastly expanding shares..."

3. If you're really brave, you might ask him about the terms of the 100 million preferred shares noted in the April amendment. When can they be converted to common shares, and is it one a one-to-one basis, 1 to 10, etc?

Judging from my experience with him, however, I expect to regard the answers to these or any other questions purely as entertainment.
 
Posted by explorer186 on :
 
American corporate culture is so rotten: while CEO's tell us they're going to buyback shares, they dilute. In this instance, shares will likely be sold through "private placements," but the problem then becomes legal shorting, which is the reason why PLNI has remained subdued in the first place.

If I had a 500 million float, and a 2 billion OS, the total shares that can be trading on the market are 2.5 billion shares: 500 million shares of the float + 2 billion short shares. The stock won't appear on the SHO list if 2 billion shares were shorted because it is legal shorting.
 
Posted by will on :
 
Here is an example of preferred shares for potential dilution: (Note # 8 below)

from the 10-KSB for XRYM filed on 8/25/2005

5. Liquidity; Need for Additional Financing. The Company believes that it does not have the cash it needs for the next twelve months based upon its internally prepared budget and expansion plans. Further, the Company’s cash requirements are not easily predictable and there is a possibility that its budget estimates will prove to be inaccurate. If the Company is unable to generate a positive cash flow, it will be required to curtail operations substantially and seek additional capital. There is no assurance that the Company will be able to obtain additional capital if required, or if capital is available, or can be obtained on terms favorable to the Company. The Company may suffer from a lack of liquidity in the future, which could impair its short-term marketing and sales efforts and adversely affect its results of operations.

and

8. Issuance of Additional Shares: The Company has issued nearly its entire current authorized limit of 250 million shares and, in order to continue its growth plans, the Company needs to increase its authorized share amount. The Company is in the preliminary stage of proposing amendments to the Articles of Incorporation to increase the authorized capital of the Company from 250 millions shares of Common Stock, par value $0.001, to 750 million shares of Common Stock, par value $0.001. Additionally, the proposed amendment includes the increase in Preferred Stock from 1 million to 11 million, par value $0.001 consisting of three separate classes; 1) 5,000,000 Preferred Stock Series A, par value $0.001, convertible at a rate of 1 to 100 shares of Common Stock, with all voting rights converted at the same rate, 2) 1 million shares of Preferred Stock Series B, par value $0.001, converted at a rate of 1 to 1 share of Common Stock with all voting rights converted at the same rate., and 3) 5 million shares of Preferred Stock Series C, par value $0.001, with a conversion rate of 1 to 1 share of Common Stock with all voting rights converted at the same rate. The currently issued and outstanding shares of Preferred Stock would be designated as the type 1 described above.
 
Posted by bond006 on :
 
Let me bring up something you guys think safe habor laws shields these guys from every thing. If you really wanted to spend the time and money agood attorney could peice together all the pr's public statements and put the puzzle together as being led down the road to a certain destination to this point and has he done it before? If so that leads to fraud. But it is a lot of time and money.
 
Posted by state780 on :
 
quote:
Originally posted by bond006:
Let me bring up something you guys think safe habor laws shields these guys from every thing. If you really wanted to spend the time and money agood attorney could peice together all the pr's public statements and put the puzzle together as being led down the road to a certain destination to this point and has he done it before? If so that leads to fraud. But it is a lot of time and money.

If anyone wants to crater the pps even more, lawsuits are the way to go. Only the attorneys benefit. Shareholders who are underwater (like me) will recover and even make money only when the pps rises. Which it can, by the way, this is a crazy pink after all. The next two weeks are crucial, and if the audit isn't announced immediately, a little while after that.

The game isn't yet over.
 
Posted by mbmaid on :
 
Can it be a scam to steal cheapie shares? I find it interesting that all this is happening just days prior to the big announcmenets coming:

http://www.earningswhispers.com/message.asp?mesgid=86842&symbol=PLNI
 
Posted by state780 on :
 
quote:
Originally posted by mbmaid:
Can it be a scam to steal cheapie shares? I find it interesting that all this is happening just days prior to the big announcmenets coming:

http://www.earningswhispers.com/message.asp?mesgid=86842&symbol=PLNI

That message sounds like best by design (r.b.)/ yellow submarine (allstocks) and is totally inoperative now. Its premise is that the 5 billion authorized share count is a typo but we now know it's the truth.

The poster also says:

>>Accordingly, I spoke with one of PLNI's management team on Saturday afternoon, and the matter will be 'satisfactorily resolved' on Monday-Tuesday.<<

Which is exactly what BBD/yellow sub said. And you can see how well that turned out.
 
Posted by mbmaid on :
 
Well, if all this is true, then Turek is gonna have to pull a major rabbit out of his hat to make his shareholders happy.

Like: audit is complete and Semco will do 100 million in business this year. :-) Promold: 200 million.
 
Posted by fast50gt on :
 
yes, that was bbd who posted that on the link.
 
Posted by DQ. on :
 
Not to add to bad news but I keep having this nightmare.... When I bought this stock about a year & a half ago it was cause the PR said(we are completing our audit and moving to OTCBB)

Well,,,,last May (about 6 months ago) we get a PR stating we are completing the audit and moving to OTCBB.
HAven't done it yet!!!

The Nightmare????
They say it to bring in investors,,,, it never happens,,, investors get frustrated and give up and sell,,, they wait about six months (PR's don't go back that far on most sites)
And then they again announce we are completing our audit,,, and Bingo...they get a fresh batch of investors all over again.

I HOPE I am TOTALY wrong with this idea...I pray I am.
If that's the case...you won't hear anymore audit news till about next spring and we'll start all over.

I do think everything will fall together however it may be a much longer term than I hoped for.
I still am dumb enough to think that a couple of years from now this stock will be at .50 at least.
 
Posted by state780 on :
 
I hear you, DQ.

Fyi, from Shad over at RB, who says he talked to Mapple:

>>ok here goes...matt say update is forth #######...lol...i asked about the 5billion...and a pr is being looked over by the lawyers....there was a reason for the issuance...i asked mapple if he knew about it he said yes...soooo that means the mms knew about it also....and it was heavly shorted in the > 01 area....they are buyiing back now as we see with the volume...<<
 
Posted by mbmaid on :
 
Thanks for the info State. That explains some things. Hopefully with the nes coming, this will all be ancient history.
 
Posted by rangers684 on :
 
Up huge!!
 
Posted by ed19363 on :
 
First time I ever heard .0007 described as "huge"....LOL.
Get a life...$1 might be huge, but .0007 is a pittance.
 
Posted by RahzM1ght on :
 
ed- i know right and look it dropped down 7%.
 
Posted by bond006 on :
 
looks Turek is giving us the old heave hoe
 
Posted by will on :
 
Falling through the 65 day support, (.0062).
 
Posted by bond006 on :
 
I hope Turek attorneys are realy scrutinizing that pr good what would we ever do without our great leader at the helm. Would not want him to get in trouble now.
 
Posted by trainsite on :
 
no way to run a good company, or treat your shareholders, imo
 
Posted by bond006 on :
 
well ranger684 just went from.006 to .0061 HUGE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
 
Posted by mbmaid on :
 
quote:
well ranger684 just went from.006 to .0061 HUGE!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Amidst all the BS, that's pretty funny.
 
Posted by Dagger Depot on :
 
I've always heard to never invest what you cant afford. I'm buying more once this stops dropping long enough to buy. If I lose it all, I'll live. If I double it all, I'll live better.
 
Posted by bond006 on :
 
Well Turek is no fool he won't dump into this revolting developement as Will Bendix used to say
on Life of Riely
 
Posted by StockHunter on :
 
quote:
Originally posted by bond006:
Well Turek is no fool he won't dump into this revolting developement as Will Bendix used to say
on Life of Riely

He's printing monopoly money and swapping them for real dollars with fools like us and other pinky investors. He can keep printing and dumping and may even accelerate the pace before any admission(PR). He's dealing in OPM(Other People's Money). He can issue himself stock as well to keep his controlling interest as he dilutes our shares.
 
Posted by bond006 on :
 
Did anybody listen to G/B webcast Turek said he might get two more mould machines it depends how things look at the end of Dec. wonder where he going to get the money for that
 
Posted by will on :
 
It appears he might be raising it now.
Well, unless you buy into successinstock's theory of:

one thing to watch and add to our many questions on trading activity is the fact that the volume spikes at the end of "each" day.

see for yourself..

i find this odd. i have tracked other stocks that were in the camp of the short sellers and plni is acting very similar.


http://finance.yahoo.com/q/bc?s=PLNI.PK&t=1d&l=on&z=m&q=l&c=

see for yourself...go back and look at each day.

makes you wonder...
quote:
Originally posted by bond006:
Did anybody listen to G/B webcast Turek said he might get to more mould machines it depends how things look at the end of Dec. wonder where he going to get the money for that

Think that guess has substance now? That was after the close on October 31, when PLNI closed at .0067. This isn't an issue of shrting, it is dilution. Well, it's only down 15% from there, but I expect there maybe more to come.
 
Posted by bond006 on :
 
Well Stcok Hunter if Shad did speak to Jim Jr on the phone and he told him his dads attorney was checking his pr before it is put out. You are right you have to really check a lie truth is easy.
 
Posted by StockHunter on :
 
Throughout the decline of the past couple months there has only been one significant MM buyer -- AGIS (Aegis Capital). They're not there every day or all day, but always seems to have a significant amount to buy (without chasing). I have no idea who they are buying for or why, just an observation. A single beacon of optimism amid a flood of dilution. They also showed up right after I dumped another chunk of stock.

Trimmed my position this week, but will keep some shares in case they pull a rabbit out the hat or a good scam PR that causes a pop.
 
Posted by bond006 on :
 
Dumping he is once he is done there will be so many shares o/s I don't know what type of volume you would need to ever get the pps to move hell evry body might want an r/s
 
Posted by rangers684 on :
 
Just spoke to Matt. He told me the buyback of the 200 mill. shares happened already and had brought the O/S to 1.8 Bill. but now we are back at 2 billion. I pressed him as to why company would buy back if they would reissue those shares and he responded that they had reasons but was getting very agitated with the ques. he said he was aware of increase in A/S to 5 billion and said we should expect a PR "any time now" explaining the share structure and future share buyback/retirement plans. good luck
 
Posted by bond006 on :
 
Matt is a real piece, if he does not want to talk to share holders why is he employed in this type of work. He aught to get different employment
 
Posted by state780 on :
 
quote:
Originally posted by rangers684:
Just spoke to Matt. He told me the buyback of the 200 mill. shares happened already and had brought the O/S to 1.8 Bill. but now we are back at 2 billion. I pressed him as to why company would buy back if they would reissue those shares and he responded that they had reasons but was getting very agitated with the ques. he said he was aware of increase in A/S to 5 billion and said we should expect a PR "any time now" explaining the share structure and future share buyback/retirement plans. good luck

thanks for posting. I'll tell you this: If I survive all of this to trade in other pinks another day, I'll sell out any position immediately after being informed that Big Apple is a part of it.
 
Posted by rangers684 on :
 
I'm optimistic. I really expect a PR today or tomm. clarifying this mess. Just buy on these dips and hope for the best. I think you will be very happy in 3 weeks.
 
Posted by state780 on :
 
quote:
Originally posted by rangers684:
I'm optimistic. I really expect a PR today or tomm. clarifying this mess. Just buy on these dips and hope for the best. I think you will be very happy in 3 weeks.

Thanks. I know I will be very something in three weeks.
 
Posted by StockHunter on :
 
quote:
Originally posted by rangers684:
Just spoke to Matt. He told me the buyback of the 200 mill. shares happened already and had brought the O/S to 1.8 Bill. but now we are back at 2 billion. I pressed him as to why company would buy back if they would reissue those shares and he responded that they had reasons but was getting very agitated with the ques. he said he was aware of increase in A/S to 5 billion and said we should expect a PR "any time now" explaining the share structure and future share buyback/retirement plans. good luck

Thanks for passing that on Rangers.

The PR regarding the 200 million said it was a "retirement" of shares, not a buy back. That means they simply issued themselves stock and then gave them back. That meeting was probably about the same as the one where Turek met with himself and increased the authorized to 5 billion.

Matt told me MONTHS AGO the company would issue a PR addressing the capitalization structure "very soon". He's spewing more meaningless dribble. They will only issue a PR if it serves their purpose. Perhaps a few phone calls to the SEC and a possible stoppage of trading might light a fire under their butts.
 
Posted by bond006 on :
 
Anybody at this point that would follow that advice at this moment would have to be on prozac
 
Posted by dalton05 on :
 
What happened to this stock - I sold on 10/14 for .0107 - now its .0058.I bought oxfv with that money.
 
Posted by bond006 on :
 
dalton one word dilution
 
Posted by bond006 on :
 
I am red on almost all my penny's if this keeps up i might have to go out and get a real job with an idiot boss and everything
 
Posted by Chopper on :
 
Ditto..... Bawahahahahahahaha NOT!
quote:
Originally posted by bond006:
I am red on almost all my penny's if this keeps up i might have to go out and get a real job with an idiot boss and everything


 
Posted by dalton05 on :
 
Bond i hear that.I am doing good on a couple - CTCK and OXFV but that could change.I have been holding CTCK for a while which was doing nothing sitting at .0004 for a while.It just started to rise this week up to .002 because the product they have (roofing)could come to the United States.Good Luck to all
 
Posted by StockHunter on :
 
quote:
Originally posted by bond006:
I am red on almost all my penny's if this keeps up i might have to go out and get a real job with an idiot boss and everything

I hear Plasticon is hiring. Wonder if they have an employee stock plan?
 
Posted by bond006 on :
 
Boy sign me up forget my pay just give me stock after all ranger said buy it and forget about it
 
Posted by will on :
 
300 / 350 Million volume in the last 5 / 6 days. PPS droping 44% from .0083 to .0056. Much more of this and you will be seeing .004's / .003's. 2 Billion O/S with dilution like this and it won't be able to support a PPS in the .005's or better. Can't even guess where the bottom is until they stop diluting.
 
Posted by ed19363 on :
 
This guy Matt....is he related to a guy named Melvin? Or maybe Andy?
(inside joke)
 
Posted by cold_up_here on :
 
Notice the PR campaign has ended...Turek's silence say's it all! Lawyers are probably advicing him to shut-up. That form filing wasn't suppose to be found. It has thrown a 'Monkey-Wrench' into Turek's plan! The 'Safe-Harbor-Act' will only protect him to a certain degree...especially on the level he has taken it too! Big Apple is also liable.

Now for the audit. According to Turek & Howe it's in the "Final Stages".....If this is the case, why would Plasticon jeopardize the audit by messing around with the A/S,O/S,& Float? Unless of course, the new #'s are in the audit?? If This is a shake before the real news hits, it will be one of the biggest shakes I have even seen! We need clarification ASAP or by the 9th/10th it will be too late.
 
Posted by Chopper on :
 
Hey Cold,
Was that bashing? I wasn't very clear on the tone. LOL
I happen to believe that there is no dilution going on, just based on the volume in the last 65 days. Average daily volume was only 20 million shares. The majority of that volume was in the last 6 days which = 25% of the volume for 65 days. Hmmmmmm
I do remember the pr that was put out on share buyback and restructuring. I can only hope that is what is in Turek's master plan and not dilution. But I guess we shall see. GLTA
 
Posted by will on :
 
Two good things about PLNI right now.
It is EXTREMELY oversold , RSI 16.8.
No history of R/S.
I like the company, wish I could find bottom. The 52 week low of .0015, is just to scary.
 
Posted by Doctoall on :
 
quote:
Originally posted by will:
Two good things about PLNI right now.
It is EXTREMELY oversold , RSI 16.8.
No history of R/S.
I like the company, wish I could find bottom. The 52 week low of .0015, is just to scary.

Will that is where I orginally got in and rode it up [Big Grin]
 
Posted by will on :
 
Hope you're sitting on free parking Doc. I first saw it when it was still trading under its old symbol. I alerted Highwaychild on it back in August. I think he played it, but jumped out a little too soon, but he did make money. I didn't play it, because I had a moratorium on buying pennies, because I was losing my azz.
 
Posted by youngface on :
 
I thought I liked the company too but as of right now I get this sinking feeling. Maybe Mr. Plastic really is "Plastic" after all. The thing that gets me is didn't someone post that his family owned 40% or more of the stock? why in the world would they do this to their own stock value? that was one of the reasons I got in this in the first place, maybe it was all BS... Maybe Turek should do one of his radio spots now!!!

As far as Matt goes, he is also in HISC... now that's scary!!!!
 
Posted by Highwaychild on :
 
I did dump most of what I had too early, and then dumped the rest too late. Still made bank, but I could have played it a whole lot better. I do better with stocks when I don't read message boards on that particular stock. It kind of throughs off my rythem. Information overload I think, and with "pumpers" and "bashers" going at it, it kind of sways your entry and exit points. It's just so fun seeing some folks going at each other though,lol. Like for instance how Cold up Here is now all about some PLNI. It does look like it's going to get a good bounce, but WHEN? I'm kind of lurking and waiting as to when to get back in it. I'm in Cold mode right now I guess.
 
Posted by Chopper on :
 
It is still to be seen if Mr. Turek has nailed the share holders. Even if he authorized the 5 billion, there is no indication he has flooded the market with those shares. The principle Corporate directors which include Mr. Turek own 70% of the the shares outstanding.
According to the Corporate rules in Wyoming, Mr. Turek did not have to send out any information as to the increase in the A/S as long as the majority holders vote. All very legal. I hope the Company addresses this issue this week. GLTA
 
Posted by youngface on :
 
So it doesn't make sense to me, they wouldn't dilute this with them holding 70% would they?
 
Posted by will on :
 
They just ran it over 12 times its 52 week low in May, to it's high of .019 in August. What you see now is a temporary paper loss.
They had a goofy PR a few days ago, meant little in reality, about a third party assigning a $10M value to their molds. Big deal. Are these junk molds not in use? Who was the aprraiser, a drunk? The PR meant little if anything, except they own molds for a proprietary product. (if the patented product is made from these molds). He just wanted to get the mention of $10M out there. He did that in the middle of dumping shares to the tune of about 60M a day, hoping the fluff PR would keep the PPS from falling off the board. When he has sold whatever amount he has elected to go to market with, they will PR a buy back, or some other really positive news, and the wheel will keep on turning. Trick is how does one recognize when the dilution is over? Lower volume? A GREAT PR?
That nonsense about an audit almost being completed so they can move to a higher exchange is probably just that, nonsense. How many of these pennies have promised an audit so they could go to a higher exchange. How many have published an audit? How many do you see still trading in the pinks.
It's the oldest game in town. Just find the bottom like Doc did and things will be all good.
 
Posted by Highwaychild on :
 
In pinky penny land, you really just don't know. I sure hope not, but with all the o/s talk, it changes things for me. And talk of a master plan just makes me cringe. I've heard all that before If there is such a thing in pennys that's great when it happens, but if it don't... well they say you can't squeeze blood out of a turnup, you can, I've seen it.
 
Posted by will on :
 
True Highway, you don't know, but if you assume that 99% of these companies and their CEOs have learned how to play the diltuion / R/S / dilution game, then you are forewarned with that aasumption.
The dilution can be legitimate, who knows, He might be raising capital to close one of his acqusition deals. I don't know. I don't care! I only see a PPS falling through the floor with 100's of millions of shares being pumped into the market.

[ November 02, 2005, 21:48: Message edited by: will ]
 
Posted by BuyTex on :
 
quote:
Originally posted by Highwaychild:
I did dump most of what I had too early, and then dumped the rest too late. Still made bank, but I could have played it a whole lot better. I do better with stocks when I don't read message boards on that particular stock. It kind of throughs off my rythem. Information overload I think, and with "pumpers" and "bashers" going at it, it kind of sways your entry and exit points. It's just so fun seeing some folks going at each other though,lol. Like for instance how Cold up Here is now all about some PLNI. It does look like it's going to get a good bounce, but WHEN? I'm kind of lurking and waiting as to when to get back in it. I'm in Cold mode right now I guess.

to me?

studied this in double 00s, and decided to wait till it moved to profit-taker-temptation-point, then moved again...bought at .0038. Sold for nice profit, coupla times, latest was on the board...

I think history might repeat itself.
 
Posted by Highwaychild on :
 
Naw Tex, not to you or any one person really. It just seems a bad time of the year for penny stocks anyway, there has to be somebody somewhere selling for some tax reasons this time of year. It just can't help the situation.
 
Posted by imakmony2005 on :
 
looking to buy more.
 
Posted by Bearclaw on :
 
Chopper...
So your saying most of the past 6 days has been accumulation? I would think if that's the case he's probably done. You think he'll put out the information soon? Maybe a PR soon Chop? What's your take...???

quote:
Originally posted by Chopper:
Hey Cold,
Was that bashing? I wasn't very clear on the tone. LOL
I happen to believe that there is no dilution going on, just based on the volume in the last 65 days. Average daily volume was only 20 million shares. The majority of that volume was in the last 6 days which = 25% of the volume for 65 days. Hmmmmmm
I do remember the pr that was put out on share buyback and restructuring. I can only hope that is what is in Turek's master plan and not dilution. But I guess we shall see. GLTA


 
Posted by johnny14511 on :
 
if we dont get a press realease

it will problby keep on going down

the macd looks horrible
 
Posted by imakmony2005 on :
 
in and out its just timing. johnny
 
Posted by johnny14511 on :
 
YEAH IF you time it you can get a good 20-30% gain in a day
 
Posted by DQ. on :
 
I think after the long haul I've about got them figured out. I think they are dumping shares like crazy. I think the IBD ads and such were all just to get some interest to be able to sell all these shares. Sure they hoped the PPS wouldn't have fallen this much but what the heck, they've made a bundle.

As for the audit, I really hate to admit it but I really don't believe one is even happening.
I think they just say that and then everyone gives up and sells.
I think we will hear the audit news next spring again for all the newbies.

I was sad to see the price when I got home today.
I now hope it will go ahead and fall to .002 or so and then I will buy another mill. or two.

This stock WILL make us money. I'm sure it can get to a nickel or so again....just may be in a year or so.

Call me a sucker or dumbass, or very slow learner.
Bought low, didn't sell any and will now ride it all the way back down.
Live and learn...load up for the next wave of bullcrap and then dump it.
Good luck to all!

Cold_up_here...I'm feelin for ya buddy but the sun is gonna shine on PLNI again.
Hang in there man!
 
Posted by youngface on :
 
quote:
Originally posted by johnny14511:
YEAH IF you time it you can get a good 20-30% gain in a day

and lose 20-30% a day too... good thing I have a day job!
 
Posted by StockHunter on :
 
quote:
Originally posted by DQ.:
I think after the long haul I've about got them figured out. I think they are dumping shares like crazy. I think the IBD ads and such were all just to get some interest to be able to sell all these shares. Sure they hoped the PPS wouldn't have fallen this much but what the heck, they've made a bundle.

I think you've got it. Unfortunately, the lower it goes and the faster it falls the greater the pressure for them to sell more shares. Every day they sell more shares and get fewer total dollars.

I suspect they have a specific dollar need and time deadlines to acheive those dollars. There is really no specific number of shares or low price at which this ends. It ends when they've raise X dollars. The increasing volume and accelleration down could get worse. If they don't finish before it gets down below .001 I don't see how they keep selling shares w/o a r/s and/or name change. When this ends, perhaps not even Mr. Turek knows. All he knows is how much money he needs to raise.
 
Posted by johnny14511 on :
 
quote:
Originally posted by youngface:
quote:
Originally posted by johnny14511:
YEAH IF you time it you can get a good 20-30% gain in a day

and lose 20-30% a day too... good thing I have a day job!
you could avoid loosing it daily

lol
 
Posted by youngface on :
 
quote:
Originally posted by johnny14511:
quote:
Originally posted by youngface:
quote:
Originally posted by johnny14511:
YEAH IF you time it you can get a good 20-30% gain in a day

and lose 20-30% a day too... good thing I have a day job!
you could avoid loosing it daily

lol

Alright Johnny, what's your recomend on this? I'm down $2k, the high buy was 016, the low 0067..

Do I sell all now? at 005whatever and take a loss or hold?
 
Posted by clbgroove on :
 
quote:
Originally posted by state780:
quote:
Originally posted by successinstock:
dagger you have mail

Super & depressing & very necessary DD. Confirms the A/S count that Mapple gave me yesterday on the phone. Contradicts his statement that it had been at that level since he started handling PLNI.
He is SO F'ing full of shi*!!!!!!! I point blank asked him what the A/S were and he said 2 billion and I said "so you would be shocked that its 3 billion and he said yes cause its only 2 billion" with 1.8 O/S and 500 in the float!!!

Wait till I call the POS tomorrow and tell him I have a recording 3 times of him saying 2 billion!!

As i said before " slick ass car salesman bastar*"

I have been out of town all week and applogize that i havent been here doing the DD required on this issue. Thanks to all!!!
 
Posted by maumee river rat on :
 
I may consider loading up at the 0042 area...

It looks, from a charting perspective, to be a good bottoming point..

Charts have always indicated that it could be a bottoming point, but I just wouldn't let myself believe it..

Oh well. Never fall in love with a stock, lovers lie!! Just gotta make the best of it now and move on I guess...

GLTA
 
Posted by Bearclaw on :
 
Keep an eye on your news ticker today...Things should start falling out...Questions should start to get answered soon...IMO
 
Posted by DQ. on :
 
At the rate it's going it should close around 0042 today and then 0033 Friday.
Maybe we could get to .002 or so by Monday.
I'm sure there will be a big Promold PR next Wed. or Thurs. so get em before then.

Someone tell me I'm dreaming and wake me up. PLNI back below .005...no way in the world!!
God what an idiot. Should have cashed in 20 grand and bought a new truck but NOoooooo,
PLNI is my retirement stock, yea sure.
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Keep an eye on your news ticker today...Things should start falling out...Questions should start to get answered soon...IMO

most prs on this one come by 8:30... trust me, I've been keeping an eye on it.

I seem to recall one or two around 9 am, and maybe one mid-day.
 
Posted by state780 on :
 
by the way, did the r.b. discussion board stop operating? The last entry I see over there is at 2:56 p.m. yesterday. Is it r.b. or is it my browser's cache? (though I tried another browser and got the same result)
 
Posted by Bearclaw on :
 
State...
It's RB...no one can post there yet...

quote:
Originally posted by state780:
by the way, did the r.b. discussion board stop operating? The last entry I see over there is at 2:56 p.m. yesterday. Is it r.b. or is it my browser's cache? (though I tried another browser and got the same result)


 
Posted by rangers684 on :
 
Bond, up huge, and f u
 
Posted by Chopper on :
 
From the Green Baron
Urgent Need to Clear Up a False Rumor

It appears there are rumors circulating that may be causing the major drop in PLNI shares over the past four days. The Company has stated to us that the total issued and outstanding for Plasticon has never surpassed two billion shares. Apparently, Plasticon increased its authorized share count recently to five billion shares, but Jim Turek and Bill Howe have assured us it has not issued any of these new shares to date and may never do so. The rumors may stem from some people assuming the Company had already issued all those shares into the market.

In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares. In fact, Jim Turek stated it is the intention of the Company to still reduce the number of shares outstanding and that Plasticon has a very interesting and creative reason for the increase in its authorized count that shareholders will likely applaud. Please contact Plasticon International directly for more details.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

GLTA
 
Posted by Dagger Depot on :
 
This ought to be good. Cant wait to hear the fluff behind this one...
 
Posted by will on :
 
The Green Baron! WOW! That reassures me, that gives me renewed confidence, that strengthens my faith. Never exceeded 2B, well potentially thats only 199,999,999 more shares then the 1.8B. The Green Baron also had CMKX as a "play of a lifetime". He's credible.
 
Posted by bond006 on :
 
.0058 up HUGE
 
Posted by Bearclaw on :
 
You guys sure you own shares? Damn...sell if your this angry...go play something else...
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
From the Green Baron
Urgent Need to Clear Up a False Rumor

It appears there are rumors circulating that may be causing the major drop in PLNI shares over the past four days. The Company has stated to us that the total issued and outstanding for Plasticon has never surpassed two billion shares. Apparently, Plasticon increased its authorized share count recently to five billion shares, but Jim Turek and Bill Howe have assured us it has not issued any of these new shares to date and may never do so. The rumors may stem from some people assuming the Company had already issued all those shares into the market.

In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares. In fact, Jim Turek stated it is the intention of the Company to still reduce the number of shares outstanding and that Plasticon has a very interesting and creative reason for the increase in its authorized count that shareholders will likely applaud. Please contact Plasticon International directly for more details.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

GLTA

Somebody should tell Green Baron what a load of crap that is.

Why is it a load of crap? At least two reasons.

Reason one: I and others have been told by Matt Maguire that the o/s count is 2 billion. So it's very nice that GB was told otherwise, but Mapple & co. really need to get the story straight.

Reason two: If there's such a wonderful creative strategy that we will applaud for the FIVE BILLION SHARES being authorized, you should tell the world about it before the price declines into vapor.

Bonus reasons: I've read comments on at least three boards, and have seen some concern specifically expressed about more than 2 billion shares circulating right now--since PLNI refuses to tell us what the heck is going on, this is a reasonable conjecture for a price decline in the face of otherwise positive news about molds being delivered etc.. But most of the concern (anger, panic) has been focused on why PLNI secretly increased the authorized count to 5 billion, and what they planned to do with it.The problem here isn't rumor; it's the unexplained and documented action of PLNI.

Not to mention the track record of Matt Maguire, who apparently has told so many different stories about share counts that he has rendered himself completely useless as a spokesman for this company.

I applaud Green Baron, however, for doing something that the company, oddly, has not--communicating with shareholders.
 
Posted by shortnite on :
 
Jim Turek told me personally, if we all drink the blue cool-aid eveything will be fine, trust him.
 
Posted by bond006 on :
 
Maybe plni and Jim want to spin off some thing would you need to raise your share count to do that?
 
Posted by state780 on :
 
quote:
Originally posted by bond006:
Maybe plni and Jim want to spin off some thing would you need to raise your share count to do that?

There may very well be a good explanation. They need to tell us what it is, rather than telling Green Baron that there's an as yet unexplained good explanation.
 
Posted by trainsite on :
 
spit it out, Jim. we're waiting...
 
Posted by bond006 on :
 
THE APRT THAT GETS ME IF THEY HAVE SOMETHING TO SAY WHY NOT RELEASE A PR INSTEAD OF THIS GIVE A CALL AND I WILL PERSONALLY TELL YOU.
 
Posted by Bearclaw on :
 
State...
I think it will be explained soon...IMO

quote:
Originally posted by state780:
quote:
Originally posted by bond006:
Maybe plni and Jim want to spin off some thing would you need to raise your share count to do that?

There may very well be a good explanation. They need to tell us what it is, rather than telling Green Baron that there's an as yet unexplained good explanation.

 
Posted by will on :
 
Well, only 8.6M volume the first hour. Looks as if they're on the way to another 40M - 60M volume day.
 
Posted by will on :
 
2 hours into the day, 14.7M. Slowing down, up 3 ticks. See what the next few hours bring.
 
Posted by StockHunter on :
 
Posts I made on Oct 13th:
"On the positive side, WDCO seems to have a low limit to where they can sell of .0114. They haven't sold shares for 2 days now."

Then on Oct 14th:

"They're Baaaaccckkk!

WDCO stepping down on the offer. #%*$!!"

Interesting timeline:

OCT 10th - Oct13th - WDCO stops selling.

OCT 11th - Turek signs doc to increase a/s shares to 5 billion.

Oct 14th - WDCO back selling.

Also interesting that the 11th was the day Downdraft met with Turek. He never did answer my question as to whether he asked Turek specifically about WDCO and dilution. All he said was that Turek claimed he specifically is not selling shares. Downdraft did say there were matters he would not discuss. The fact I did not get a response from him may be an indication that Turek would not address the question and/or asked downdraft not to comment on it.

The timing of the pause in sales may be coincidental, but it sure is interesting.
 
Posted by Bearclaw on :
 
"All he said was that Turek claimed he specifically is not selling shares."

It sounds like your question got answered Stock...Where are you going now? I'm not sure I understand this point...actually I'm sure I don't...help me out here...
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
"All he said was that Turek claimed he specifically is not selling shares."

It sounds like your question got answered Stock...Where are you going now? I'm not sure I understand this point...actually I'm sure I don't...help me out here...

I never thought Turek would sell his own shares and give up his share of the company. That is all Turek confirmed, is that he was not selling personal shares. But what was the company doing? Was the company issuing shares that were making there way into the market? That did not get answered.

I would expect Turek to issue more shares to himself as the company issues shares for acquisitions, purchases, etc... He needs to maintain control of the company. He's not going to dilute himself out of control.
 
Posted by Bearclaw on :
 
Stock...
So it's another way of saying dilution?
I really tried to get you to consider something else. A lot of people are buying this song.

Why not wait and see what this is? What if people buy your opinion and are selling for a loss at the low? You are a comvincing guy when you have an opinion.

The next announcement very well may be something completely different...Why not wait on this gloom and doom until Pro Mold and Semco are done?
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Stock...
So it's another way of saying dilution?
I really tried to get you to consider something else. A lot of people are buying this song.

Why not wait and see what this is? What if people buy your opinion and are selling for a loss at the low? You are a comvincing guy when you have an opinion.

The next announcement very well may be something completely different...Why not wait on this gloom and doom until Pro Mold and Semco are done?

All rational speculaton is welcomed by me. stock's scenario is as plausible as any, and when a company behaves oddly (secretly more than doubling what was alread a rather large authorized share count) and says nothing for days in the face of a price collapse, well then, it's not like we have some PLNI omerta code.

another idea someonone, pardon the pun, floated: it's collateral for loans to finance the acquisitions, and would only be called in the event of default. If the audit not only exists but shows profits, that's a scenario that might not be bad.
 
Posted by Bearclaw on :
 
State...
I said a while back to Stock on this board that this is accumulation and naked shorting, not dilution...Chopper posted recently the proof that the last week or so has been accumulation...

OK...You want me to re-state another idea...Just for fun consider...What if this is a share buyback? Just another possibility...Take some time and ask yourself if you were Turek wanting to take, let's say, 200 million shares off the O/S...how would you do it?

Would you get the PPS down?
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
State...
I said a while back to Stock on this board that this is accumulation and naked shorting, not dilution...Chopper posted recently the proof that the last week or so has been accumulation...

OK...You want me to re-state another idea...Just for fun consider...What if this is a share buyback? Just another possibility...Take some time and ask yourself if you were Turek wanting to take, let's say, 200 million shares off the O/S...how would you do it?

Would you get the PPS down?

additional interesting speculation. if so, a bit wreckless on turek's part. I would not secretly double my a/s, hope that somebody found it, and then stand by silently as my outside PR guy lied to various stockholders about share counts.

But that's just me.

and a correction: there is no proof of accumulation, possibly another sound theory.
 
Posted by will on :
 
"Chopper posted recently the proof that the last week or so has been accumulation..."

I must have missed that proof ???
Or if someone says it, that makes proof or fact?

Accuumulation and short selling, nonsense. Almost 400M volume in 6 / 7 days, you have to be kidding.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
State...
I said a while back to Stock on this board that this is accumulation and naked shorting, not dilution...Chopper posted recently the proof that the last week or so has been accumulation...

OK...You want me to re-state another idea...Just for fun consider...What if this is a share buyback? Just another possibility...Take some time and ask yourself if you were Turek wanting to take, let's say, 200 million shares off the O/S...how would you do it?

Would you get the PPS down?

Accumulation? When there is one seller, many more trades on the offer than the bid, and a mosaic of MM buyers, the odds favor a single distributor and a group of many individual accumulators.

As for this being a share buyback, there has only been one significant buyer, AGIS, and his numbers are not that great. PPS drops despite all the buying. As for the company trying to get the PPS down in order to buy shares, that would not only be unethical, it (would/should) violate federal securities law. I'm not up on Wyoming corporate/securities law, but it would really surpise me if it allows manipulation downward to scalp your own stock. It would surprise me even more if it trumped federal securities law. But, who knows, I believed Matt that they couldn't increase the a/s without my vote, and it turns out they can in Wyoming.
 
Posted by Bearclaw on :
 
OK...

State wanted another possibility...You guys go figure it out and stew in your own soup. I'm going out for dinner...the menu here sucks...

Oh...Will...How would you figure out if the last week was accumulation? Wonder if you'll go find out? Probably not..,it's easier to call Turek a lier, thief, and on and on than it is to go to work...Your reply Will convinced me not to give you any more input...Have at the gloom and doom...or...better yet sell cuz I'll take your shares anytime...


quote:
Originally posted by will:
"Chopper posted recently the proof that the last week or so has been accumulation..."

I must have missed that proof ???
Or if someone says it, that makes proof or fact?

Accuumulation and short selling, nonsense. Almost 400M volume in 6 / 7 days, you have to be kidding.


 
Posted by will on :
 
Mr Claw, show me the proof that this unusually high volume is accuumulation, don't get personal.
btw, I don't own any shares. I just happen to like PLNI and waiting for the dilution to end.
Logic says different, logic says dilution. No SEC Filings since 8/04, so can't see anything there. A/S raised from 2B to 5B, is that just an excercise, there has to be a reason, they didn't raise A/S just for drill. C'mon man, don't ignore these red flags.
 
Posted by DQ. on :
 
I hate to see us down but as I stated, I wish it would just go ahaed and fall more so I could load up with twice as much. This will come back up.
 
Posted by will on :
 
I agree DQ, when the dilution is over it will bounce back nicely. Remember they ran it over 12 times it's low from May to August this year.
That does not give the people that believe in this company the right to deny the obvious though.

quote:
Originally posted by DQ.:
I hate to see us down but as I stated, I wish it would just go ahaed and fall more so I could load up with twice as much. This will come back up.


 
Posted by Bearclaw on :
 
I don't post nonsense son...Go find out how to determine accumulation yourself. If your interested in this company than do your DD...

When an explaination of this trading becomes clear folks will say Tureks lying, cheating and on and on. Single dimensional thinkers see things in black and white. If the PPS goes down the CEO's an azz hole and if it goes up there's cheering and back slapping...Penny's are much more complicated than single dimensional thinking...Think outside of the box if you really do believe in PLNI...or...are folks just badmouthing Turek to buy on the cheap?

You'll know the answers to what's happening soon enough...so just beech and wait....or...look back and find the posts that proove the accumulation...It wasn't long ago...

Oh, and when folks pound away at a stock I invested my hard earned money with no evidence other that complaining ...It is personal son...


quote:
Originally posted by will:
Mr Claw, show me the proof that this unusually high volume is accuumulation, don't get personal.
btw, I don't own any shares. I just happen to like PLNI and waiting for the dilution to end.


 
Posted by mbmaid on :
 
Perhaps the 3B shares is a line of credit to draw upon for additional purchases? Something they would have to pay back?
 
Posted by will on :
 
Typical, Mr. Claw, when someone says proof exists I would think it incumbent on them to show those facts, but as in many other cases I have seen here, the arguement goes something like this :

Q: Can you prove your position is fact
A: Can you prove it isn't?

Q: Can you prove your position is fact?
A: Do your own DD and you will come to the same conclsuions I have.

Why not just call someone a communist, and end the arguement that way. "Oh, will is just a commie, trying to undermind the American way."
 
Posted by Bearclaw on :
 
OK Commie...
Start here...Go look...find it you lazy Commie...or is it easier to let the masses follow the Commie leaders...Who's your leader now?

You want me to prove what I already have known...hahahahaha...Why...so you can disregard it and call everyone liars and thieves...Your just lazy....Go find another stock...don't invest in PLNI...We don't need folks like you owning a part of this company...The masses I'm looking for do their DD and invest accordingly...

they dobn't wine and cry....go to work!!!!

Chopper...
So your saying most of the past 6 days has been accumulation? I would think if that's the case he's probably done. You think he'll put out the information soon? Maybe a PR soon Chop? What's your take...???


quote:
--------------------------------------------------------------------------------
Originally posted by Chopper:
Hey Cold,
Was that bashing? I wasn't very clear on the tone. LOL
I happen to believe that there is no dilution going on, just based on the volume in the last 65 days. Average daily volume was only 20 million shares. The majority of that volume was in the last 6 days which = 25% of the volume for 65 days. Hmmmmmm
I do remember the pr that was put out on share buyback and restructuring. I can only hope that is what is in Turek's master plan and not dilution. But I guess we shall see. GLTA
--------------------------------------------------------------------------------


--------------------------------------------------------------------------------
 
Posted by rangers684 on :
 
By the way bond006, up huge and f u
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
I don't post nonsense son...Go find out how to determine accumulation yourself. If your interested in this company than do your DD...

When an explaination of this trading becomes clear folks will say Tureks lying, cheating and on and on. Single dimensional thinkers see things in black and white. If the PPS goes down the CEO's an azz hole and if it goes up there's cheering and back slapping...Penny's are much more complicated than single dimensional thinking...Think outside of the box if you really do believe in PLNI...or...are folks just badmouthing Turek to buy on the cheap?

You'll know the answers to what's happening soon enough...so just beech and wait....or...look back and find the posts that proove the accumulation...It wasn't long ago...

Oh, and when folks pound away at a stock I invested my hard earned money with no evidence other that complaining ...It is personal son...


quote:
Originally posted by will:
Mr Claw, show me the proof that this unusually high volume is accuumulation, don't get personal.
btw, I don't own any shares. I just happen to like PLNI and waiting for the dilution to end.


Ah, that must be it. I'm a single-dimensional thinker. Knew it had to be something.

I invested my hard-earned money in this too (oddly enough there is no single-dimensional-thinker ban against buying stocks, though sometimes I wish there were.

I won't belabor the obvious: The behavior of this company has been odd at best. We are still waiting for an official explanation about the massive increase in a/s, and absent that we have every reason to be critical. And the reputation of the company has been damaged not because of what posters on comment boards say, but because its appointed spokesman has lied--to me, for starters--about the share count.

Those are the facts, and they hurt, and I feel no obligation for an excess of charity two weeks after the secret a/s filing and a 60% decline in the value of my holdings.

Personally, I ascribe this not to malice on Turek's part but rather very lame execution. A more polished executive would explain what's going on beforehand, rather than damage control after the fact.
 
Posted by will on :
 
...and that is what you offer as proof? You poor misguided fellow. Logic tells you something very different. That isn't proof, a guy says, "I happen to believe" and that makes it fact. Your position is very weak, no proof exists there, pal.
 
Posted by rangers684 on :
 
By the way bond006, up huge and f u
 
Posted by state780 on :
 
bear, take it to r.b. You're more in your element there.
 
Posted by Chopper on :
 
Take what to RB State, a different opinion?
Let's all keep ourselves in check and try to be as productive as we can be in a stressful situation. Different ideas have always been welcome. GLTA
 
Posted by Bearclaw on :
 
State...
So Will has no shares and Stockhunter sold his...
So no one has an agenda to see this PPS go south? Collective bashing?

By the way state...I've been here since long before you arrived. I gave another view because I was asked...then got hammered by this Will kid...so...giving him back the same...

I don't buy the dilution...We'll see shortly...
If you own shares then your part of the problem...Prozak may help...
 
Posted by will on :
 
My opinions will have little effect on the PPS of PLNI. I have stated from the beginning I like the company and the product. I am just looking for a good entry point. Just so happens that I don't give any crediblity to a theory of accuumulation and shorting when I see 60M shares a day being dumped into the market. I would love to see this go back to its 52 week low. That would acclomplish two things that I would find satisfying, a good entry point, and it would piss you off, Mr. Claw.
Now, Mr. Claw, you are dismissed.
 
Posted by DQ. on :
 
Cmon folks....lets get along. We are all hoping for the same out come.
Turek will release a PR soon and whether we swallow it all or not I'm sure it will help bring our PPS back up again. This company is growing very rapidly and I sure want to be on board.
As I've said before, not many pinks are good for long term but I sure believe this one is.
Everyone that can load up you should. With Promold and Semco news coming it will be moving up.
Lets all shake hands and make some money.
 
Posted by Bearclaw on :
 
Dismissed by an adolescent...hahahahah

I know you want it as low as it can go...Anyone paying attention can figure that one out...
I swing trade son...so...the PPS doesn't really matter...The current situation to swing trade is a little more difficult with the appearance of VFIN...but that's OK...Oh...Vfinance Investments Inc. is out of Florida near Apple...Hmmmm...Now how would that work in a share buyback...

Oh I forgot you don't do your own DD...Just bash to get the PPS at the 52 week low so you can get cheap shares hahahah Selfish lazy kids....I want my money now!!! hahahahah kids....
 
Posted by Chopper on :
 
I happen to believe that there is no dilution going on, just based on the volume in the last 65 days. Average daily volume was only 20 million shares. The majority of that volume was in the last 6 days which = 25% of the volume for 65 days. Hmmmmmm
My charts show solid accumulation for the past 6 days. The CMF shows a decline, however this is normal after any runup in any pinkie as the pps retraces itself.
I do remember the pr that was put out on share buyback and restructuring. I can only hope that is what Turek is up to and not dilution. But I guess we shall see.
The second one of you stock wizards happen to guess this or any pinkie 100% accurate in the buying and selling trends and give me a solid heads up I will take that persons advice in earnest and above all others. Without specific insider info (Which Will Never Happen)this will continue to be a pinkie crap shoot. In the meantime mind your manners. GLTA
 
Posted by Bearclaw on :
 
Chop...D.Q.
Ok...I'll knock it off...

Let me say this...If someone goes after me for an opposing position I'll fire right back...but...since Father Chopper has intervened on the sinners I'll make a good act of contrition...
 
Posted by will on :
 
....and that is all well and good, Chooper, but "I happen to believe" doesn't make it fact. Supporting your belief with your chart interpretations, still does not make it fact. Drawing linkage to a PR hoping for an assumed connection, dose not make it fact. Putting the burden on someone to give you heads up on trends, does not make your position more correct or your arguement stronger.
 
Posted by Bearclaw on :
 
State...
You asked for another view...I gave you one...then Chopper gave you the path to follow...The charts show solid accumulation...

This Will kid just told you charts don't matter.
I hope this helped you because I know your pissed at the PPS...Maybe take a break from listening to this kid and his pals...They want the PPS as low as they can...They already have told you that and continue to post and help it along...

It won't be too much longer State so hang in there...

quote:
Originally posted by will:
....and that is all well and good, Chooper, but "I happen to believe" doesn't make it fact. Supporting your belief with your chart interpretations, still does not make it fact. Drawing linkage to a PR hoping for an assumed connection, dose not make it fact. Putting the burden on someone to give you heads up on trends, does not make your position more correct or your arguement stronger.


 
Posted by trainsite on :
 
Positive close for a change. Big blocks eod.
 
Posted by will on :
 
"charts don't matter" doesnt equal "Supporting your belief with your chart interpretations, still does not make it fact."

As you can see, interpretation of information doesn't make it factual. It is readily apparent that the interprtation of the chart is what I was referring to, never was it said that charts don't matter. Again, typical of a weak arguement and a person having a position that is just opinion, twisting, changing, altering the intent or context of a given statement. Again, show proof that this is accuumilation as opposed to dilution. Until then you say potato, I say dilution, I say potaeto, you say accuumilation.
 
Posted by Chopper on :
 
Will,
Are you just trying to prove you can argue senselessly?
Your point is no more valid that anyone else's. Where is your proof? Red flags are fine but unfortunatley don't mean squat till after the news is out lending itself to one side or another. As you can see, interpretation of information doesn't make it factual.
ALSO Typical of a weak arguement and a person having NO posistion that is just opinion, twisting, changing, altering the intent or context of a given statement. Please show your proof that this is dilution as opposed to accumulation. I would like to make informed decisions based on sound theory not just angry banter. GLTY

Hey Cold a little bashing here please! Were ready for a leg up tomorrow.
 
Posted by stockaholic on :
 
Has anyone seen this? Type in Plasticon

http://soswy.state.wy.us/Corp_Search_Main.asp
 
Posted by will on :
 
No anger here. I am not the one that initially argued that there was proof of accuumilation. I don't see where it is incumbent upon me to offer proof, that would be your bulldog's responsibility.

As far as arguing goes since he took it upon himself to make this personal with this post:

Bearclaw
Member


posted November 03, 2005 14:35
--------------------------------------------------------------------------------
OK...

State wanted another possibility...You guys go figure it out and stew in your own soup. I'm going out for dinner...the menu here sucks...

Oh...Will...How would you figure out if the last week was accumulation? Wonder if you'll go find out? Probably not..,it's easier to call Turek a lier, thief, and on and on than it is to go to work...Your reply Will convinced me not to give you any more input...Have at the gloom and doom...or...better yet sell cuz I'll take your shares anytime..."

I think he either prove his position with a well articulated, factual, nonpersonal, clear, well thought out, arguement or shut his piehole. We both know he is much too ignorant to apologize.

Like I said you see it as accuumulation, I see it as dilution. Are both arguements valid, I suppose they could be. Based on my observation watching the penny market it has been my experience that when I see this activity it is in a large percentage of cases dilution.
 
Posted by Dustoff101 on :
 
Thanks to PLNI I got a free trip to Hawaii!


We want to make another trip to Hawaii, is it time to buy in again?
 
Posted by Chopper on :
 
Yes we saw that Last Friday!!!!! You missed the last 3 pages of whining and crying over it and the Alert from The Green Baron this Morning.


quote:
Originally posted by stockaholic:
Has anyone seen this? Type in Plasticon

http://soswy.state.wy.us/Corp_Search_Main.asp


 
Posted by stockaholic on :
 
OK, sorry. Doing my own DD looking to get back in and haven't been reading every page. Thanks
 
Posted by Dagger Depot on :
 
I'm startin to think this board is headed in the same direction of the stock...
 
Posted by Chopper on :
 
Will,
You still did not answer the question with your proof of dilution. The Green Baron states that the shares have NOT been issued so what is the basis to your accusation of dilution?
Just so typical of someone with ZERO DD or position in a company other than "Look it happens all the time in penny land"!
My charts are better proof than your jaw slapping accusations. Buy the crap or forget about it. Your lack of DD is not very impressive. GLTY


quote: By Will
--------------------------------------------------------------------------------

No anger here. I am not the one that initially argued that there was proof of accuumilation. I don't see where it is incumbent upon me to offer proof, that would be your bulldog's responsibility.
 
Posted by StockHunter on :
 
More trades and volume on the offer for days. If VFIN went away we would likely get a nice bounce out of this. That's a big if, and except for Oct 10-13, we haven't seen a day without either VFIN or WDCO heavy on the offer for months.

Since the stock broke below .01 we have traded the entire stated float in just 9 trading sessions. There has been very little if any intra-day swing tradable moves. For Matt and GB to be correct that the float is still 500 million it requires that many shares were bought, sold lower, bought lower, sold lower, etc... by the same people or that almost every holder flipped their shares during the past 9 days.

This action is not consistent with the massive flipping required to turn over so much of the float in tight trading action. If one assumes a significant chunk of the float is held by longer term non-flippers, the math(of a 500M float) gets even more difficult to correlate with the action.

FYI to correct an earlier post: I did sell some of my position, but am still holding a significant position. Its all risk/reward. Even in a worst case scenario, the company can spin a creative reason for the a/s in a PR and get a good run for the stock. Plus they could close ProMold, VFIN stands back, and the momentum brings in bottom pickers for a nice spike. If the company is selling shares, they could be done at any time also. At some point this could be a buy I'm just not sure where without some accurate information. None of us know this, but we should all free to express reasoned analysis and opinion [w/o getting personal].

For the optimists, I have a BB buy and sell rule that works like this. Its a sell when 5 or more hyperventillating posts cheer a move up, and its a buy when a civil discussion breaks down into a pissing match. We're getting close to the buy signal now.
 
Posted by will on :
 
Oh, The Green Baron is your proof?
....and as I said a couple of pages ago, it is typical of a weak arguement when I ask you or your bulldog to offer proof of your position and the reply is:

"Prove that it isn't, or do your own DD and you will come to the same conclusions I have"

Sorry, The Green Baron slapping his jaws is not proof either. Again you interpretations of a chart isn't proof either.

You do know The Green Baron touted CMKX as a "play of a lifetime", don't you? Do you really think him credible?

Sorry, you have to do better than that. Seeing that there is an absence of SEC filings, (which are facts), and an unexplained unuusually high volme, an IR guy that has told different people conflicting and contradicting information, and the company is not being forthright or forthcoming with information, I say it looks more like dilution, or one hell of a sell off, 3 times avg volume for 7 days trading.
 
Posted by StockHunter on :
 
The absense of SEC filings is because they file in Wyoming. I talked to several people there today, but the person with the goods is out until tomorrow. I'm trying to find out the details of the 100 million preferred shares(among other questions). They are filed with the WY SOS Corporations division, but not the details. Those should be available from the Securities division. If I find out anything tomorrow I'll post it here.
 
Posted by Bearclaw on :
 
Will...
I'm no one's bulldog...Is this your quote below? This was the beginning of our exchanhge started by you. Who's the one too arrogant to apoligize...This know it all better than anyone attitude by you is what started it...

You jumped in on postings between state and I...I was giving him another look at possibilities based on data interpreted in the charting...Then you decided to set me straight...
My input was nonsense...That began our little square dance...

You want to come after me then do it...but...not through someone else...Choppers a good guy...He works hard finding DD and supports PLNI...He's a respected member of As...

I won't even address the "shut his piehole" comment...Looking at your posts the past week there's a chance your a slick paid basher...the symptoms are there..You don't own a share but assure people of the gloom and doom of dilution and Reverse Split...Wonder why that is..????


"I must have missed that proof ???
Or if someone says it, that makes proof or fact?
Accuumulation and short selling, nonsense. Almost 400M vol=8
 
Posted by will on :
 
A Wyoming company does not have to file with SEC?
 
Posted by StockHunter on :
 
quote:
Originally posted by will:
A Wyoming company does not have to file with SEC?

There are some instances where small companies, not on an exchange, only have to meet state security standards for certain things. This link elaborates on it:

http://www.sec.gov/answers/noinfo.htm
 
Posted by Chopper on :
 
Thanks for the one good answer StockHunter. All very good questions and answers in a sea of mystery. I can only hope that we have been handed a huge short position that will be called on very soon with an explanation from Mr. Turek.

And No the Green Baron is Not the total proof, However the statement that Turek has not released the shares in question is just more concrete to stabilize the foundation or another piece of evidence to seal the Tomb with. And you are right about one thing... It was one heck of a sell off. I bought more. GLTA
 
Posted by will on :
 
Well, looking at that, I would say they don't meet those exemptions. They have $10M in molds, and surely more than 300 shareholders.
 
Posted by will on :
 
Chopper, I will give you The Green Barons statement regarding Turek has not released any shares. I think there was a qualifier in his statement though, that he assured him that the O/S was not over 2B. Was it not 1.8B a short time ago? Could that not be one share shy of 200M diffirence? Would you have to divide the total volume of last 6 / 7, (Apprx 400M), days by 2, because of a buy and a sell being reported? Would that account for 200M shares and leave The Green Baron deniability because of the wording of his report?
 
Posted by StockHunter on :
 
quote:
Originally posted by will:
Well, looking at that, I would say they don't meet those exemptions. They have $10M in molds, and surely more than 300 shareholders.

From the SEC web site:
-----------------------
If a company registers its securities under the Securities Act, the company must then file periodic reports with the SEC under the Securities Exchange Act of 1934. The obligation to file reports continues at least through the end of the fiscal year in which the registration statement became effective. After that, the company is required to continue reporting unless its satisfies the following "thresholds," in which case the company’s filing obligations are suspended if the company has fewer than:

300 shareholders of the class of securities offered; or
500 shareholders of the class of securities offered and less than $10 million in total assets for each of its last three fiscal years.

Even if a company doesn’t have to register its securities for an offering, it still may have to file reports with the SEC if the company lists its securities on an exchange or the Nasdaq Stock Market or has 500 or more shareholders and $10 million or more in assets.
---------------------

I agree they do not look like they currently qualify as exempt. Looks like they qualified last year and stopped filing then. I'm waiting a call back from the SEC and will bring this up with them.

There may be some lead time after they no longer qualify before they have to file w/the SEC. If not, it should be very easy to prove the don't qualify by these criteria since they send out PRs bragging about the value of their molds.
 
Posted by state780 on :
 
excellent analysis of the trading volume compared to the alleged float, stock.
 
Posted by Chopper on :
 
Will,
I will post the release just for you again. And it does say that Mr. Turek stated that the O/S was less than 2 Billion.

From the Green Baron
Urgent Need to Clear Up a False Rumor

It appears there are rumors circulating that may be causing the major drop in PLNI shares over the past four days. The Company has stated to us that the total issued and outstanding for Plasticon has never surpassed two billion shares. Apparently, Plasticon increased its authorized share count recently to five billion shares, but Jim Turek and Bill Howe have assured us it has not issued any of these new shares to date and may never do so. The rumors may stem from some people assuming the Company had already issued all those shares into the market.

In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares. In fact, Jim Turek stated it is the intention of the Company to still reduce the number of shares outstanding and that Plasticon has a very interesting and creative reason for the increase in its authorized count that shareholders will likely applaud. Please contact Plasticon International directly for more details.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

GLTA
 
Posted by StockHunter on :
 
The key to the SEC filing might be the "if":

"If a company registers its securities under the Securities Act,..."

Since they used to file when they were Wicklund, I assumed they were at one time registered under the Securities Act. I do not know this for a fact, perhaps they filed voluntarily or the name change also changed thier filing status. I keep on adding quesions to my list...
 
Posted by will on :
 
"Since the stock broke below .01 we have traded the entire stated float in just 9 trading sessions. There has been very little if any intra-day swing tradable moves. For Matt and GB to be correct that the float is still 500 million it requires that many shares were bought, sold lower, bought lower, sold lower, etc... by the same people or that almost every holder flipped their shares during the past 9 days.

This action is not consistent with the massive flipping required to turn over so much of the float in tight trading action. If one assumes a significant chunk of the float is held by longer term non-flippers, the math(of a 500M float) gets even more difficult to correlate with the action."

Now that is logical. Much easier to draw the conclusion that would support diltion as apposed to a chart interpretation. Much clearer and believable explantion.
 
Posted by will on :
 
Chopper, that is what I said, that TGB said the O/S was under 2B. It was 1.8B according the IR guy, and as of the last buy back PR. So that leaves a possible 199,999,999 that could have went back to the market.
 
Posted by will on :
 
"The key to the SEC filing might be the "if":

"If a company registers its securities under the Securities Act,..."

I would think they would have to register inorder to trade on the pinks even. I only found 4 SEC Filings for Wicklund, I saw no 15g.
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
Will,
I will post the release just for you again. And it does say that Mr. Turek stated that the O/S was less than 2 Billion....

GLTA

Well, then it must be 1.999 billion or threabouts, because Mapple told me on the phone it was 2 billion.

But then again, he told me the a/s has been at 5 billion for months.

So you can see why I laughed when the Green Baron report said to contact Plasticon for details.
 
Posted by Chopper on :
 
Much better answer Will.
Thank you, I will take that into consideration. I still believe in the CONSIDERABLE amount of mirror trades (20-30% daily done as swing plays by MM's), the huge selloff due to panic and naked shorting though. All things you did not mention.

quote:
Originally posted by will:
"Since the stock broke below .01 we have traded the entire stated float in just 9 trading sessions. There has been very little if any intra-day swing tradable moves. For Matt and GB to be correct that the float is still 500 million it requires that many shares were bought, sold lower, bought lower, sold lower, etc... by the same people or that almost every holder flipped their shares during the past 9 days.

This action is not consistent with the massive flipping required to turn over so much of the float in tight trading action. If one assumes a significant chunk of the float is held by longer term non-flippers, the math(of a 500M float) gets even more difficult to correlate with the action."

Now that is logical. Much easier to draw the conclusion that would support diltion as apposed to a chart interpretation. Much clearer and believable explantion.


 
Posted by Bearclaw on :
 
If this stock is being "shorted" what does that do to your math? Or have you disregarded "Naked Shorting" all together...If you include it then how much volume could be attributed to it?
50 million...100 million...200 million..more????

You really do make a case for dilution with only examples you chose...You just leave out the rest?
Very convienient....

Sincerely,
The Bulldog


quote:
Originally posted by will:
"Since the stock broke below .01 we have traded the entire stated float in just 9 trading sessions. There has been very little if any intra-day swing tradable moves. For Matt and GB to be correct that the float is still 500 million it requires that many shares were bought, sold lower, bought lower, sold lower, etc... by the same people or that almost every holder flipped their shares during the past 9 days.

This action is not consistent with the massive flipping required to turn over so much of the float in tight trading action. If one assumes a significant chunk of the float is held by longer term non-flippers, the math(of a 500M float) gets even more difficult to correlate with the action."

Now that is logical. Much easier to draw the conclusion that would support diltion as apposed to a chart interpretation. Much clearer and believable explantion.


 
Posted by will on :
 
Great arguement stock :

"Since the stock broke below .01 we have traded the entire stated float in just 9 trading sessions. There has been very little if any intra-day swing tradable moves. For Matt and GB to be correct that the float is still 500 million it requires that many shares were bought, sold lower, bought lower, sold lower, etc... by the same people or that almost every holder flipped their shares during the past 9 days.

This action is not consistent with the massive flipping required to turn over so much of the float in tight trading action. If one assumes a significant chunk of the float is held by longer term non-flippers, the math(of a 500M float) gets even more difficult to correlate with the action."

Chopper, Mr. Claw, can you refute, debunk, disprove what stock has contributed. Does his analysis work in the favor of dilution as opposed to accuumilation and sharting? Does his arguement meet the standard of "preponderance of evidence" ? Is that not more believable, logical, possible, than a peron's intepretation of a chart?
Does that coupled with the ambiguity of the 199,999,999 shares that might be in the float support dilution over accuumulation and shorting?
 
Posted by Bearclaw on :
 
No
 
Posted by will on :
 
I see you answered already Mr. Claw. Then my next question would be, is PLNI on the SHO list? Please don't tell me that there is an O/S of 2B and a float of 500M, so it can be shorted 1.5B before it makes the SHO list. That arguement isn't valid. I saw that when the guy posted it, and it just isn't the way that works.
 
Posted by will on :
 
I assume you mean, NO, you do not accpet that dilution is more acceptable than accuumulation and shorting as an explantion of the unusually high volme of the last 6 / 7 trading days.

quote:
Originally posted by Bearclaw:
No


 
Posted by Bearclaw on :
 
Willy...
Not my argument. The new SEC official over fraud...she stated that "Naked Shorting is not provable and it's just normal trading"...that's pretty close to her quote....

So if you take her interpretation then there is no problem...It doesn't exist...but...

If you watched the L2's over the last 3 weeks or so with WDCO and then VFIN.... the trading activity was as good an example of naked shorting and price manipulation as I've seen...That is what got me looking in this direction...Then hours and days of phone calls and monitoring the trading convinced me of it...

Now...Stockhunter and I agreed to disagree about a week or so ago...He owns shares (sorry Stock I thought you said you sold) but you do not...
So why even share any of what I've found with you? You have zero invested in this company except the claim of dilution and reverse split...so what's that about?

If your not paid to be here then why? I don't buy the I may be interested in buying some shares...You want real then start getting real...
 
Posted by will on :
 
"So why even share any of what I've found with you? You have zero invested in this company except the claim of dilution and reverse split...so what's that about?
If your not paid to be here then why? I don't buy the I may be interested in buying some shares...You want real then start getting real... "

I would like you to share only those things that can be proven or are factual. Monitoring and talking to people on the phone is hearsay, and interpretation at best.

I never said PLNI would R/S. I implied that many companies dilute / R/S / dilute again. In a later post I even said two good things about PLNI...one of those was it does not have a history of R/S'ng. Talk about gleening information to support your arguement, that would be you. Taking the whole R/S comment out of context.

I am not paid to be here. I have followed PLNI since it was traded under its old symbol, (which I cannot recall right now), before its name change. When it hit its 52 week low I mentioned it to friend here, (he posted and verified that yesterday). I had a moratorium on buying pennies, because I was losing money, and missed the opportunity to buy at its low. That I regret. It would make me happy if there is another buying opportunity I could take advantage of and make some money from PLNI.

Now you have brought the arguement full circle for a weak position:

From:
Q Prove you're right
A Prove I'm not right
Q Prove you're Right
A Do your own DD
Q Prove you're right
A You're a paid basher

Do you understand how silly that sounds to a reasonable person?

Look you win, It's accummuulation and shorting.

I think people will read these last few pages and the reasonable ones will see where the preponderance of evidence takes them. What stock offered is mcuh more factual than what you have offered. The canned weak arguement responses, opinions, personal attacks, and the clincher, an accusation that I am a paid basher.
 
Posted by Bearclaw on :
 
Willy...

The post below is you...I knew I read your RS and gloom and doom a few days ago.

You started this little dance disrespecting me and then then wanted an apology for me going back at you....Bulldog you called me and a few other things...Now that sure get's me thinking of a truce...

I buy your moritorium on pennies...Ok that works...My position on share buyback and shorting is not weak... it gives as much as you give for your dilution not to mention the reverse split you deny/misinterpreted saying...so...in that case we're both weak...

Your right people will read these posts and find you day after day warning all of dilution...Maybe they'll find it refreshing that there may be other explainations...find a way through the smoke screen of dilution...

No one wins in these instances...so it's a draw..
maybe you'll not try to disrespect me again and think you have a free ticket...no free rides here Will...

The RS comment you deny really making...out of context is below...People who read this will probably think you were talking about another stock...just happened to be on the PLNI thread...Your a wordsmith...I'll give you that...bright guy...I'll give you that too...

So when I called you a paid basher it came from your accumulated posts...an example is...


"I assume you have a substantial amount invested in this stock. Fortunately I do not own any. I am simply trying to make you aware the ways these companies screw you. No skin off my nose, you''ll see dilution and a R/S, and your 100,000's of thousands share become 100's of shares with a PPS that will drop faster than rock."
--------------------------------------------------------------------------------
 
Posted by Bearclaw on :
 
Sorry Willy...
I forgot to reference the date of November 1st for the previous post concerning the Reverse Split comment you said was misunderstood...

Of course the one you made the day before ...below...was more vague but the reference is clear to me..."sneakier than the obvious"..Yah...you fit the profile of an experienced basher...

I asked you to get real...I don't think that will happen...you'll wordsmith around and around...

These are your statements and people can read and conclude for themselves...If you want to possibly purchase shares as you have stated you may want to in the future ... then it may require regular shock treatments to turn your opinions around...

Regular DD and sharing that in this case won't change the color of this cameleon...


will
Member
posted October 31, 2005 11:44 PM
--------------------------------------------------------------------------------
"well, my friend, you can declare what good work would be, or you can do it"

So, it would seem I don't have any "good work" to do. It would be right or appropriate for someone who had an investment in PLNI to do "good work" to find out what is going on with the unusually high volume, and the status and deatil of the preferred.

I wasn't being a wise ass intitally, evidentally you took it that way. There are a lot ways these companies can dilute and then R/S you out of your money. Converting preferred shares into millions of common shares is one way. Increasing the O/S is obvious, but they're a lot smeakier than the obvious. Just trying to be helpful. Hope it plays out well for you.
--------------------------------------------------------------------------------
Posts: 4664 | From: Burbank IL USA | Registered: Feb 2004 | IP: Logged |
 
Posted by DQ. on :
 
This is the first day in how many that we closed up??? Not sure how many but it has been a while.
Maybe the fall is over now...blue skies ahead.
Just wish I could have bought a few more.
 
Posted by state780 on :
 
bear. Nobody cares.

DQ, you're absolutely right. I'd love even to inch up a little Friday, but Fridays often aren't good for pinks--to many unknowns to sleep on, and the fact is we're still totally in the dark.
 
Posted by GVMOORE on :
 
Flat tires fixed. Adding fuel. Lets
head north. Thanks guys for floating
more shares my way.
 
Posted by StockHunter on :
 
If there is manipulative naked shorting going on [though I doubt it]I'd be more inclined to think VFIN was doing it than WDCO. WDCO faded more aggressively in the face of buys than VFIN and they participated on the bid when it looked like the stock was about to tank. VFIN is a mack truck. They fade a little on the opening buys but drive it down after that. I've been chalking that up to a tight timetable to raise a given amount of money, but I can be wrong.

Keep in mind the MMs are only going to take on a stock for manipulation if they don't think the company can fight back. If their DD indicates the company has to dump shares to raise funds then there's not much risk to force it down. The faster and further they get it down, the more shares the company has to dump. Its a self fullfilling strategy. That's why Bears characterization of the SEC fraud officials dismissal of the pratice is so disturbing. Manipulative naked shorting is about as anti-capitalistic and fraudulent a strategy as I can imagine.

So, if VFIN is naked shorting we need to ask why they are so confident there will be plenty of shares for sale at lower prices for them to cover. They read the same PRs we do and probably have better and quicker access to securities filings. I find little comfort in the possibility these are not long sales.
 
Posted by Highwaychild on :
 
I think tomorrow could be the tell all. I've been analyzing the chart, the money flow and accumulation distribution was looking rough but with a nice improvement today. I think tomorrow could be a good gauge on the direction it's headed. Ever since May really, vol. has been thru the roof in the black then, but with the red now, more shares traded now than usual since the new o/s brought to light. A new base level, and pps basicly right in the middle of what it's done in the those last 6 months.
 
Posted by StockHunter on :
 
I don't think the usual Friday curse of the pinks should apply tomorrow. We've pretty much washed out the weak holders - mostly those of us who have come to doubt the magic dates they throw at us. The new money coming in doesn't know the history. They will be anxious to get on board for the big developments the company promised for the next 2 weeks.

It will go down if VFIN forces it down. If VFIN steps back, I would expect a significant spike upward tomorrow. All IMHO.
 
Posted by state780 on :
 
quote:
Originally posted by StockHunter:
I don't think the usual Friday curse of the pinks should apply tomorrow. We've pretty much washed out the weak holders - mostly those of us who have come to doubt the magic dates they throw at us. The new money coming in doesn't know the history. They will be anxious to get on board for the big developments the company promised for the next 2 weeks.

It will go down if VFIN forces it down. If VFIN steps back, I would expect a significant spike upward tomorrow. All IMHO.

Yes, I've really come to dislike VFIN.
 
Posted by DQ. on :
 
Going hunting tomorrow. Won't be around again til Monday.
Good luck all. Next week should see some action with the Promold closing.
Hope they will release news of some contracts to go along with it. LUV that PLNI!

For Christmas I want Jim to announce that Home Depot and Lowes are now carrying Plasticons rebar supports. Now that would be a real Christmas.
 
Posted by Bearclaw on :
 
I care state...It really comes in handy when flushing out which information is real and from who...You may give me info that doesn't pan out but if the intent was OK that's fine. Especially in Pennyland...

When I present another valid point of view and someone goes after me it makes me wonder why...I found out what I needed to. It took a while and you may have got sick of the BS...but...that's what it took...

I have a lot invested in PLNI and don't want what happened tonight from someone who doesn't have a nickle invested...I'm not sure why you decided to jump in but that's OK too...

We'll know by the time we cut the Turkey in 3 weeks what happened. I expect the PPS will go north very soon and folks will settle down. I expect a lot of movement before Thanksgiving. I also expect the float to get real tight. IMO

There are several possible reasons for the current trading activity...The most popular discussed has been dilution and a impending R/S...The gloom and doom theory that happens so often in pennies..We've all experienced it...
I presented another reason to consider that didn't conclude in disaster...that simple...


quote:
Originally posted by state780:
bear. Nobody cares.

DQ, you're absolutely right. I'd love even to inch up a little Friday, but Fridays often aren't good for pinks--to many unknowns to sleep on, and the fact is we're still totally in the dark.


 
Posted by Chopper on :
 
Even Bigger yet. How about Depot amd Lowes carrying Semco's concrete and asphalt coating products as well! Makes me wanna sing Jingle bells. Good Luck hunting DQ.


quote:
Originally posted by DQ.:
Going hunting tomorrow. Won't be around again til Monday.
Good luck all. Next week should see some action with the Promold closing.
Hope they will release news of some contracts to go along with it. LUV that PLNI!

For Christmas I want Jim to announce that Home Depot and Lowes are now carrying Plasticons rebar supports. Now that would be a real Christmas.


 
Posted by Doctoall on :
 
Bumping forward.
 
Posted by StockHunter on :
 
Kudos for getting the thread back up!

Man, that was the fastest response I've ever seen. Thanks!
 
Posted by StockHunter on :
 
We actually got mention in Motley Fool.

http://www.fool.com/news/commentary/2005/commentary05110401.htm
 
Posted by Stock Jockey on :
 
That was Very cool we got mentioned in the Motley Fool.
They give the stock a BUY if Plasticon gets their filings up to date and show some revenue! Come on Mr. Turek get er done!
 
Posted by Stock Jockey on :
 
This was from Chopper on the other Plni thread. I liked some of the questions and answers on pink sheet stocks. I believe they come directly from the pinksheets.c o m

How do the Pink Sheets differ from the OTCBB?
The Pink Sheets and the OTCBB are competing quotation services for OTC securities. The Pink Sheets is a privately owned company, while NASDAQ operates the OTCBB. Unlike the OTCBB, issuers do not have to be fully reporting companies with the Securities and Exchange Commission (SEC) to be quoted on the Pink Sheets. The Pink Sheets' OTC Dealer provides market makers with dynamic tickers and quote montages and an electronic trade negotiation system, while the OTCBB does not provide this functionality.


What types of companies are quoted on the Pink Sheets?
There are a wide variety of companies quoted on the Pink Sheets. There are small companies that cannot or do not wish to meet the listing requirements of the exchanges; there are many large foreign issuers which are exchange listed in their home country but traded OTC in the US market (often because their financial statements are not prepared according to GAAP, which is a requirement for US listing); many Pink Sheet companies were formerly listed on an exchange and fell below the required standards for listing; due to the increased compliance costs associated with the Sarbanes/Oxley legislation, some listed companies have voluntarily delisted from exchanges and chosen to be traded over-the-counter; and there are a number of banks and other issuers that are thinly traded and so choose not to go to the expense of listing on an exchange.

How can I get the short interest for a Pink Sheet stock?
NASD rules do not require that market participants report their short interest in non-Nasdaq OTC securities. This is required only for Nasdaq (and exchange) listed securities, thus short interest information is not available for Pink Sheet securities.

Who regulates the Pink Sheets?
Pink Sheets is neither a Securities and Exchange Commission (SEC) Registered Stock Exchange nor a NASD broker/dealer. Pink Sheets is considered a Non-exclusive Securities Information Processor and an Interdealer Quotation System, for which registration is not required under current securities laws. However, Pink Sheets quotation and trading system is only open to registered broker/dealers and those broker/dealers are subject to NASD Rules and regulations regarding their conduct and use of the Pink Sheets. Issuers are subject to Federal and State securities laws.

Do financial statements have to be audited?
Current NASD rules do not require the financial statements of Pink Sheet issuers to be audited, but they should be prepared in accordance with GAAP or, for foreign issuers, in accordance with their home country's accounting standards.

Are there any filing requirements with the Pink Sheets for the issuers?
Issuers are not required to register securities with the Securities and Exchange Commission (SEC), or be current in their reporting requirements to be quoted on the Pink Sheets. Nor are issuers required to file financial or other company information with the Pink Sheets. SEC Rule 10b-17 requires all issuers of publicly traded securities, including Pink Sheets securities, to notify the NASD at least 10 calendar days prior to the record date of any dividend or other distribution, stock split, reverse split, or rights or subscription offering.
 
Posted by will on :
 
It doesn't matter what exchange you are on once you file with SEC you have to continue filing, unless you file a 15-G. To do that you must meet the following:

From the SEC web site:
-----------------------
If a company registers its securities under the Securities Act, the company must then file periodic reports with the SEC under the Securities Exchange Act of 1934. The obligation to file reports continues at least through the end of the fiscal year in which the registration statement became effective. After that, the company is required to continue reporting unless its satisfies the following "thresholds," in which case the company’s filing obligations are suspended if the company has fewer than:

300 shareholders of the class of securities offered; or
500 shareholders of the class of securities offered and less than $10 million in total assets for each of its last three fiscal years.

Even if a company doesn’t have to register its securities for an offering, it still may have to file reports with the SEC if the company lists its securities on an exchange or the Nasdaq Stock Market or has 500 or more shareholders and $10 million or more in assets.

PLNI filed under WICKLUND, and as I mentioned on the prior thread, that was locked, I saw 4 filings the last an 8K filed in 8/04. There wasn't any 15-12g filed under WICKLUND. It is doubtful they meet either requirement mentioned above to file a 15-12g now. Following is the definition of 15-12g from :

http://www.gsionline.com/support/formtypes.html

15 12G Certification of termination of registration of a class of security under Section 12(g) or notice of suspension of duty to file reports pursuant to Section 13 and 15(d) of the Act Section 12(g)

So, it would seem that PLNI is still required to file with the SEC.
 
Posted by will on :
 
Motley Fool, just might be a bit more reputable then The Green Baron.

Again. I like PLNI. I have followed it a long time. As a short term play I am not sure where bottom is. It has faired well in the face of huge volume in the past couple of weeks. If the volume slows it may have seen bottom at .0053, if it continues it could fracture the .0053, and see new recent lows. As a long term investment it is probably one of the most promising pennies I have seen in a long while. Long term it would be comforting and a confidence builder to see those red flags that were mentioned by Motley Fool eliminated by PLNI reporting in a factual forthright way through SEC Filings.

"Plasticon's red flags
The only trouble is, despite all this information, I didn't see some of the info I was seeking. Specifically, I couldn't find:

Copies of quarterly and annual financial reports filed with the Securities and Exchange Commission (SEC).

Reports on just how much money the company has taken in in revenues over the past years and quarters, and how much it has kept as profits. (One press release listed on the company website had a headline that said "Plasticon Announces Company is Profitable as of Second Quarter 2005," but the link to the article was no longer working.)

Reports on the company's financial health. For example, how much debt does it have, and how much cash? Sometimes terrific companies crash because they can't service their debt or just don't have enough money to keep the machinery running long enough to make money."
 
Posted by will on :
 
Is following quote what you interpreted as a buy if?

"In a nutshell
I've seen, read and heard enough about Plasticon now to make me not want to invest in it. This could end up being one of many investments and non-investments I regret later, but that's OK.

The company's market cap, or total market value, appears to be in the neighborhood of $15 million. That's pretty darn tiny. A simple, successful mom-and-pop store down the street might carry such a value. The stock price is a mere penny per share. If the firm is really doing so well, why are the stock price and market value so low?"

quote:
Originally posted by Stock Jockey:
That was Very cool we got mentioned in the Motley Fool.
They give the stock a BUY if Plasticon gets their filings up to date and show some revenue! Come on Mr. Turek get er done!


 
Posted by Chopper on :
 
Will,
I have been looking at this for a couple of days now to figure out how they could be non reporting.
My guess is back when wicklund did a merger in 1999 and that changed the whole lanscape as far as the Corporation structure and the reporting issue.
The SEC Governing body is very tight with companies that fail to file. They are warned and pick up an E at the end of their ticker symbol. Failure to continue to file and they are delisted from the OTC all together and suspended, as in your cmkx example.
I do not believe for one second that the SEC just forgot to look at Plni's filings since 1999. This pops up on the Sec's computers as to who has failed to file and a warning is issued. If they fail to comply they get the big E and if they continue, delisting is the final step after numerous warnings and Legal action. I haven't found any of the above.
Plasticon is obviously filing an annual report with the state of Wyoming meeting the state requirements. When you pull up the Wyoming website it shows that in the Generic information form displayed. So I believe that there is something that we are not seeing in the filings. The Sec is NOT that stupid to let any company slip through the cracks for 6 years!
My next question is, Why are you hammering this particular company so hard? You don't own any stock.... You don't intend on buying any until you see filings. So why do you continue in the attack? I as others understand your concerns and have noted them and agree with you to a certain degree.
Until someone shows me that that Plasticon has specifically violated the Sec rules and are in warning or suspension status, it is all just conjecture. Show me your proof. Mine is that the company has neither received the Big E or been suspended. This is an obvious PLOY and clear Agenda to destroy the credibility of Plasticon and Jim Turek and bash the stock lower in pps.
GLTY
 
Posted by Bearclaw on :
 
Chopper,
This thread has a ton of DD but is contaminated with the same gloom and doom over and over by the same people. I accused Will of being a paid basher also. He was on Allstocks back when I signed up and has posted many picks for investors to evaluate. I've read his posts on many other threads and find him to be acceptionally knowledgable...

I suspect he may not be a paid basher but his constant barrage of the same issues gets very old and I'm sure for new investors is confusing. I'm not sure why someone with zero dollars invested in PLNI would keep up the barrage either. I asked him but his explaination was much weaker and not believable...more so than his posts on PLNI itself...
 
Posted by will on :
 
Chopper, look again, I have repeatedly said "I like PLNI". I just find it unerving that there are red flags here, whether someone who is a hopeful supporter would admit or not, shortcomings do exist. Would it not be more encouraging to see forthright factual information as opposed to having to guess what the company is up to? I never said I didn't intend to buy any PLNI until they filed, you assume that. I even think it has pretty good upside potential in the short term, and may very well play it as a day/swing trade at these levels. If it were to become current in its filings then it would make the dicision making process as a long term investment easier with all the facts published. My problem now is, "where is the bottom", just too much volume right now, and if it continues I believe there will be more downward pressure. It has recovered some already, not quite as oversold as it was early last week, and the PPS is off of the bottom, .0053. I have no agenda, there isn't any ploy. Surely as misguided and wrong as I am, just my opinions, comments, can not lower the PPS, just as all the positive conjecture and opinions have not raised the PPS in the past couple of weeks.
Regarding the filing status. The "E" not being assigned does lend some support to the arguement, if they are required to file why weren't they warned with the assignment of an "E" status. StockHunter mentioned earlier that he was inquiring with the SEC, but I haven't seen him post a reply. I will do the same, and see if we can determine if they are required to file. It hasn't been 6 yrs since their last filings, under WICKLUND HOLDING CO. they last filed in August, 2004. Here is the link to their filings as WICKLUND HOLDING CO. :

http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000318262&owner=include

I think it terribly shortsighted that people that believe in this company see me as an enemy or a basher. I would think the things I am questioning and asking for are things you would want to see as a shareholder. Surely, you can't be inferring that the lack of information is a good thing and bolsters your belief in any company. Would it not do wonders for your confidence, and encourage you, and make it obvious to everyone else that you excercised good judgement if the company made it clear and factual as to what they are really doing? So, please don't make this personal and infer I am a basher or that I am hammering this stock. These are legitimate questions/concerns any reasonable person would want answered. I am merely pointing out the shortcomings, and trying to keep things fair balanced. Both you and I have seen people get caught in the hype of "this is going to fly", and "I see a PPS of .05 / .10 by years end", only to disappointed.
 
Posted by Chopper on :
 
Ok Will, with all that being said and your concerns noted, I believe everyone is now totally aware of the red flags.
I would love to see futuere posts with SEC fact in addition to what we already know rather than repetitive conjecture. I welcome DD with a true finger on the pulse of the company. I like you would love to see Much Greater transparency rather than pr's stating the transparency is on the way. Time will tell I guess. GLTY
 
Posted by StockHunter on :
 
The most constructive thing any of us can do is push for real credible written information from the company to clear up the holes and inconsistencies.

I would urge anyone who received incorrect, misleading or false information from company officials, spokespersons or intermediaries to file a complaint with the SEC. If they receive enough reports, they may ask the company to respond. You may also want to report the unusual activity of WDCO and VFIN.

http://www.sec.gov/complaint.shtml

Wyoming is a dead end, IMO. Spent several days talking to them last week. Was told for $100 you can create any company you want. They don't have to elaborate on structure of preferred shares, nor tell the state when any shares are actually issued(only authorized). Companies often go this route to avoid paperwork, regulation and/or scrutiny.

I have calls into the SEC in Denver and will follow up next week. Will ask the filing questions, WDCO/VFIN activity, company statements, etc... Biggest issue is getting a written response to capitalization issue, IMO.

One thing I'm learning is just how unlikely a company is to encounter legal difficulties from anything they say on the phone or have reported from conversations to third parties (GB, Matt, etc...) As long as they don't put it in print its hard to hold them accountable for anything they convey. All my attempts to get what they say on the phone put into writing or an email have failed. It will take a higher power (SEC) to accomplish that.

I think there is an assumption here that the SEC is proactive on regulation (e.g. filing status) so we are protected. They are a bureaucracy. With tens of thousands of companies out there it would not be at all surprising that pinkies slip through the regulatory cracks. They rely on input from investors to get the job done.

The worst thing we can do is not ask the questions out of fear of the answers. That attitude creates a furtile environment for questionable behavior.

Now I'm going to try and forget this stock exists for a few hours and watch some football. Everyone have a great weekend.
 
Posted by Chopper on :
 
Thanks for all the work on the DD front Stock. I like you have gone the same exact route searching for some disclosure of information and have run into the same. I will continue as well to search high and low to uncover the truth and will report back here.
The only thing that I have seen Mr. Turek really goof up on is the time line for completing his projects. I believe that trend will be broken with the completion of the Pro Mold Acquisition. Mr. Turek knows all to well that he is under the microscope and must perform. GLTA

[ November 06, 2005, 14:37: Message edited by: Chopper ]
 
Posted by Bearclaw on :
 
So a guy using the name of James Tunek...could have paid $100.00 and create a bogus company...???


Wyoming is a dead end, IMO. Spent several days talking to them last week. Was told for $100 you can create any company you want. They don't have to elaborate on structure of preferred shares, nor tell the state when any shares are actually issued(only authorized). Companies often go this route to avoid paperwork, regulation and/or scrutiny.
 
Posted by will on :
 
Chopper: " The SEC Governing body is very tight with companies that fail to file. They are warned and pick up an E at the end of their ticker symbol. Failure to continue to file and they are delisted from the OTC all together and suspended, as in your cmkx example."

Curious, someone PM'd regarding PHSL, and I was doing some preliminary DD, and checked their filings with the SEC. I noticed the last type 10 filing was a 10-Q received 12/11/2003 covering up to 9/30/2003. They have filed 8K's SC-13's, and NT10-K's (NT10-K is : NT 10-K Form 12b-25, notification of late filing. Form 10-K 405, 10-K, 10-KSB 405, 10-KSB) since then. Point being thay have not filed financials since 9/30/2003, and they have yet to be assigned the "E" suffix. Im a little puzzled. Like you I was under the impression that the SEC Governing body is very tight with companies that fail to file. Evidentally I need to be enlightened and educated more in this area.
 
Posted by Chopper on :
 
Not sure what to think about that one Will.
They did get a (Q) which is Bankruptcy and then later filed an 8k announcing a change of ownership. If it was a continued reporting process without all the other garbage I would say that was a good example.
There is still something we are not seeing as to the quirky filing rules. Sure wish one of us was an SEC Attorney, LOL we might actually have the answer at our finger tips. Since we are not, it truly is a stab in the dark.
You really like to debate for the sake of debating. Are you bored? [Big Grin]
 
Posted by will on :
 
"You really like to debate for the sake of debating. Are you bored?"

I'm watching the Bears right now, but will be glad to answer that more complete after the game. It isn't out of boredom though. I'll come back to it, even though that was probably a rhetorical question.
 
Posted by Pagan on :
 
This should clarify things for you guys. PLNI is strictly a pinkie, has never filed any SEC docs, SB-1 or SB-2 docs, nor any Type 10 filings, therefore they are not required to file any reports. Below are the 2 criteria that explain this scenario completely along with accompanying links.

Pink Sheets
The "Pink Sheets" is an electronic quotation system that displays quotes from broker dealers for many over-the-counter (OTC) securities. "Market makers" and other brokers who buy and sell OTC securities, can use the Pink Sheets to publish their bid and ask quotation prices. The name "Pink Sheets" comes from the color of paper they were historically printed on. They are published today by Pink Sheets LLC, a privately owned company. Pink Sheets LLC is not registered with the SEC in any way and it is not an NASD Broker-Dealer.

The Pink Sheets does not require companies whose securities are quoted upon its systems to meet any listing requirements. With the exception of a few foreign issuers, the companies quoted in the Pink Sheets tend to be closely held, extremely small and/or thinly traded. Most do not meet the minimum listing requirements for trading on a national securities exchange, such as the New York Stock Exchange or the Nasdaq Stock Market. Many of these companies do not file periodic reports or audited financial statements with the SEC, making it very difficult for investors to find reliable, unbiased information about those companies. For all of these reasons, companies quoted in the Pink Sheets can be among the most risky investments. That's why you should take extra care to thoroughly research any company quoted exclusively in the Pink Sheets. Be aware that some broker-dealers are required by Rule 15c2-11 under the 1934 Act to have some information about the issuer. Ask your broker-dealer whether it has any Rule 15c2-11 information before you invest.
http://www.sec.gov/answers/pink.htm


What is Rule 15c2-11?
SEC Rule 15c2-11 was designed to allow non-reporting public company's securities to be quoted on the National Association of Securities Dealers' ("NASD") Over-the-Counter Bulletin Board ("OTCBB") by filing some simple disclosures.

Now, companies seeking to obtain a quote on the NASD OTCBB must be required to file reports with the Securities and Exchange Commission ("SEC"). Under Section 15 of the Securities Exchange Act of 1934 (the "Act"), as amended, a company who has filed a registered offering with the SEC, such as an SB-1 or SB-2 registration statement is required to file reports for one year. A company which files a Form 10 or Form 10SB (for small business issuers) becomes a reporting company under Section 12g of the Act and must file reports. To be eligible for a quotation of its securities, the company's market maker must file a Form 211 with the NASD, the company must have sufficient free trading stock in its public float to allow Rule 15c2-11.
http://www.gopublicusa.com/whatis15c211.html
 
Posted by will on :
 
Thanks Pagan.

So, we get educated. By that definition PLNI is not a reporting company, and are not required to report. Seems there has to be an offering or a filing of financials to become a reporting company.

"a company who has filed a registered offering with the SEC, such as an SB-1 or SB-2 registration statement is required to file reports for one year. A company which files a Form 10 or Form 10SB (for small business issuers) becomes a reporting company under Section 12g of the Act and must file reports."
 
Posted by Chopper on :
 
Thank You as always Pagan.
Next time catch us a few pages back so we can save some band width LOL. Back to the race.
 
Posted by will on :
 
Well, there's only 2 minutes left until half time.
Chopper you asked earlier if I was bored and like to debate just for the sake of debating. Well, I think we all like to hear ourselves talk. LOL
It's more than that. People should ask questions, challenge other people to prove their positions. People can come here and say anything they like, they should be at least accountable to some standard of proof. How do you learn things? Case in point, we may have just learned the real definition of what it takes to be a reporting company. No one knew the answer, I surely didn't. The discusion went on for a page or two and Pagan offered an explanation. How many times have you seen people post "the chart looks great". If I can't read a chart how do I know that's true. If this is a forum for exchange of information. isn't it fair to ask that poster, what makes that chart so attractive? Of course, you might get an asinine answer from the poster with a link to chartschool.com, or a comment telling you go buy a book. When posters do that it makes me think they are not interested in the premise of what this forum was founded for, but more interested in personal gain. When someone is challenged, and replies with a personal attack, or prove me wrong, or do your own DD, and the ultimate - you're a basher, well that isn't a fair and frank exchange of information, is it? In my opinion it cast doubt on that persons, skill, ability, and knowledge of the facts he initially claimed as being accurate and true.
There is another phenomena I have observed here that some might find troublesome or disturbing. I will spare you , and not go into that rant. I see no harm in asking why you believe this, that, or another thing. It's a good excercise, and sometime we learn in the process.
 
Posted by will on :
 
You might want to consider this also. Take it a step further. Instaed of individuals arguing, discussing, debating amoungst themselves here. Look at it this way. As an investor in any company you have handed your money over to a company in hopes that they make you profit. Understanding this is the pennies, high risk, that trust of giving money does or should obligate the company, and they should be a stewart of your investment. As a steward they have responisiblities, obligations, to see they use it wisely. They also should be accountable to you, and every other investor in their stock. As an investor I would think one would demand accountable for their investment from a company. I think if you invest in something, and the principal tells you nothing or little more than trust me, you would be foolish to accept that. You should be pissed off if they are not forthright and forthcoming. I understand this is the penny market, and things don't work that way. Most trade these companies quickly, in/out, so that arguement can be genreally ignored here. It seems that a few here see PLNI as a long term investment not a quick in/out play. If anyone is in it for long term then those are the ones that should be clamoring for answers, information, transparency, and accountability, from the company.
 
Posted by iwannaride00 on :
 
First post here. Looks like some interesting discussion peppered with the usual nay sayers. I have been in this since May and feel that we will see this compoany grow from an immature naive one to a mature reporting company with HUGE upside potential.

Either way this week is important to many stockholders as well as company owners. We soon shall see.
 
Posted by buckstalker on :
 
Will, that is exactly the reason that I sold my position last week...You guys can argue all day long about filings and whether or not they are required to file, etc., etc., but "WHY" this company refuses to be forthright with their shareholders is beyond me, and the answer to that question is the only thing that matters to me at this point..."If" they decide to come clean, I would most certainly consider reinvesting back into the company, but until that happens I myself have decided to stay away...


quote:
Originally posted by will:
You might want to consider this also. Take it a step further. Instaed of individuals arguing, discussing, debating amoungst themselves here. Look at it this way. As an investor in any company you have handed your money over to a company in hopes that they make you profit. Understanding this is the pennies, high risk, that trust of giving money does or should obligate the company, and they should be a stewart of your investment. As a steward they have responisiblities, obligations, to see they use it wisely. They also should be accountable to you, and every other investor in their stock. As an investor I would think one would demand accountable for their investment from a company. I think if you invest in something, and the principal tells you nothing or little more than trust me, you would be foolish to accept that. You should be pissed off if they are not forthright and forthcoming. I understand this is the penny market, and things don't work that way. Most trade these companies quickly, in/out, so that arguement can be genreally ignored here. It seems that a few here see PLNI as a long term investment not a quick in/out play. If anyone is in it for long term then those are the ones that should be clamoring for answers, information, transparency, and accountability, from the company.


 
Posted by iwannaride00 on :
 
Keep your finger close to the buy key. The next few days will tell the tale. Missed dates, silence and apparent naive business acumen, my be replaced with shear brilliance and investment savey even a low-life NY boiler room exec. would appreciate.

Tick-Tock, time for PLNI to ROCK!!!
 
Posted by Chopper on :
 
Welcome aboard Iwannaride00. Hopefully we will have good week.
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
Welcome aboard Iwannaride00. Hopefully we will have good week.

so now we have two plni threads?
 
Posted by Chopper on :
 
It appears that someone closed the other thread. Not sure why or how.
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
It appears that someone closed the other thread. Not sure why or how.

thanks.
 
Posted by rangers684 on :
 
BOND006- UP HUGE!!!!!!!!!
 
Posted by bond006 on :
 
go ranger 84
 
Posted by Dagger Depot on :
 
Nice to see it open in the green...
 
Posted by RahzM1ght on :
 
any1 believe this will drop to .0050 today?
 
Posted by maumee river rat on :
 
quote:
Originally posted by RahzM1ght:
any1 believe this will drop to .0050 today?

Maybe ....

I can see this hitten 0042 to be honest with ya..

Disgusting isn't it!!!
 
Posted by StockHunter on :
 
quote:
Originally posted by maumee river rat:
quote:
Originally posted by RahzM1ght:
any1 believe this will drop to .0050 today?

Maybe ....

I can see this hitten 0042 to be honest with ya..

Disgusting isn't it!!!

Barring news, it all depends on VFIN. So far they've sat back at .007, but if they step ahead on the offer they'll cap it or drive it down. If they sit back it could go as high as they let it.
 
Posted by RahzM1ght on :
 
well it hit .0058 that was quick. im trying to find a good entry point, but it looks like everyday it justs drops more and more. [Frown]
 
Posted by maumee river rat on :
 
I'd put it in * 0044 and be done with it..

I realy think that it will come and get ya.

Maybe not today, but soon..

Just my opinion..
 
Posted by bond006 on :
 
I can see it going lower than 0042 if on the 9th of this month there is no news of promold and they just don't address it like they have done in the past, with a lot of there pr's
 
Posted by stolibox on :
 
i'm out. jeez. vfin is selling it into the abyss.
 
Posted by RahzM1ght on :
 
GOOD ONE STOLIBOX IVE BEEN OUT WHEN IT DROPPED TO .078. I wished I got out when it was .015. This stock is so sick right now and keeps plumeting.
 
Posted by bond006 on :
 
Good lord this a slaughter house today looks like we are on a decent that won't stop for a while
 
Posted by Chopper on :
 
OTC ADVISORS, LLC: www.otc-advisors.com "BULLS IN THE STABLE" ETLT, PLNI, ERUG, IHDR

New York, Nov 07, 2005 (M2 PRESSWIRE via COMTEX) -- otc-advisors.com's Current "Bulls In the Stable" are Eternal Technologies Group, Inc.(OTCBB:ETLT), Plasticon International, Inc.(OTCPK:PLNI), ER Urgent Care Holdings(OTCPK:ERUG) and Internal Hydro International, Inc.(OTCBB:IHDR).

Plasticon International, Inc.(OTCPK:PLNI) designs, produces, and distributes high-quality concrete accessories, transportation signage, lumber, and office supplies which are all produced from recycled and recyclable plastics.

Plasticon International has been in the recycled plastics business for 17 years. The company's line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt. In addition, its transportation signage has received DOT approval or acceptance in all 50 states. Specifically, the company offers for resale:

1.)Rebar supports 2.)Plastic lumber 3.)Plastic signage (i.e.; highway and state signs) 4.)Office products including file folders and binders 5.)Impermeable concrete-like products made from recycled glass.

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 thus, Plasticon is considered a "green company." Plasticon's use of environmental waste as raw material in the production of new and innovative products will continue to reduce waste since the new products are themselves, recyclable.

The company's primary products (80% of revenue) are concrete accessories. Over the course of 17 years in business, the company has focused on the development of necessary molds and patents and has obtained approval from each of the fifty states, all U.S. territories, and the Federal DOT for use of these concrete products. Plasticon's patented products are recognized as the "Cadillac" in the industry and are without serious competition. Visit Plasticon International, Inc's website to find out more *http://www.plasticonintl.com
 
Posted by stolibox on :
 
RAHZ, i got out first time over a penny. then back in around 008, then out, then back in at 006's, then out. jeez, it just keep dropping. what the hell is VFIN doing? looks like a dump fest. i dunno, just doen't feel right. maybe plni selling to finance pro-mold. never said that was privately financed like semco. what does privately financed mean anyway? is turek selling his holdings to pay cash for semco? then it still hurts the stockholders, dumping more shares into market.
 
Posted by Chopper on :
 
Pro Mold is private financing as well.

Plasticon to Acquire Pro Mold, Inc., one of the Premiere Injection Molding Facilities in the Midwest
Wednesday August 3, 8:30 am ET
Privately Financed Acquisition Gives Plasticon the Production Capacity for an Additional $20 Million in Manufacturing and Sales Annually


LEXINGTON, Ken., Aug. 3, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that this week the company will acquire Pro Mold, Inc., one of the premiere injection molding facilities in the Midwest.

The privately financed acquisition (with no dilution for PLNI shareholders),

will dramatically increase Plasticon's production capacity to $20 million in manufacturing and sales annually for this facility alone. As part of the terms of the agreement, senior management at Pro Mold, Inc. will be retained.
 
Posted by Steela on :
 
The is a strong possibility that the announcment for the 9th WILL NOT HAPPEN. Not 100% sure, but it would be wise to get out while you can now, than to lose your hard earned money after the announcment doesn't happen
 
Posted by bond006 on :
 
I don't think it will stop till it is so dirt cheap there will be no more wondering if the stock is woth it. You will be buying it just to say you own it and if it goes up great
 
Posted by state780 on :
 
quote:
Originally posted by Steela:
The is a strong possibility that the announcment for the 9th WILL NOT HAPPEN. Not 100% sure, but it would be wise to get out while you can now, than to lose your hard earned money after the announcment doesn't happen

Of course that is possible--very possible. However it would suggest a level of extremely lame news management that would be impressive even for PLNI. They have stated now on several occasions, not on the phone but in PRs, that the transaction would close on that day. I was surprised they started announcing that considering their unfortunately well-deserved reputations for missing their own deadlines.

In any case I agree the consequences in pps will be severe if they do not deliver on that promise, and the other one on the 17th.
 
Posted by bond006 on :
 
as anybody called and given these guys the benifit of the doubt? I haven't

Originally posted by Chopper:
From the Green Baron
Urgent Need to Clear Up a False Rumor

It appears there are rumors circulating that may be causing the major drop in PLNI shares over the past four days. The Company has stated to us that the total issued and outstanding for Plasticon has never surpassed two billion shares. Apparently, Plasticon increased its authorized share count recently to five billion shares, but Jim Turek and Bill Howe have assured us it has not issued any of these new shares to date and may never do so. The rumors may stem from some people assuming the Company had already issued all those shares into the market.

In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares. In fact, Jim Turek stated it is the intention of the Company to still reduce the number of shares outstanding and that Plasticon has a very interesting and creative reason for the increase in its authorized count that shareholders will likely applaud. Please contact Plasticon International directly for more details.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.
 
Posted by state780 on :
 
quote:
Originally posted by bond006:
as anybody called and given these guys the benifit of the doubt? I haven't...

.

Why call? I've concluded phone conversations with Mapple are pointless--if he tells you the truth, it will only be at random. He told me when I called last week that the a/s had been at 5 billion for months, ever since he started working with PLNI, obviously untrue since the a/s filing was in October. Mapple is worthless.

The green baron pr was encouraging but a bit cute--it wasn't just "rumor" that plunged the pps; it was the fact that out of the blue, PLNI filed to massively increase the a/s; and that they did it secretly, and that even unto this moment they haven't commented publicly on it. Those aren't rumors, those are facts and very good ones to collapse a pps.

I do not believe PLNI will deliberately lie in PR, however, so that's what I'm waiting for.
 
Posted by bond006 on :
 
To be honest I have called many times just to hear what they have to say. I announce my self as a stock holder an I get the same answer at plasticon leave your number and we will call you back same thing at mapple for matt only he is in a meeting all the time.
 
Posted by jibber39 on :
 
Hey everyone, this is my first time writing on this tread but I have been following all of you for awhile now. Thanks for the good info chopper, state, and will. I think this is a very interesting situation that we have gotten into here. I bought in at .01 and im forced to stay in this sick game. There are other questions that have not been brought up here. 1st, This company known as plasticon inc, has just become profitable in the 3rd q. If so, where is all this money coming from to acquire 2 already profitable businesses which seem to be worth more then plasticon itself. I think we just might have a few very big players here. And by this I mean some wealthy investors who want the big piece of the pie on the inside. This would be a reason for the secret shady business going on right now. Either way this company has the ability to make a killing, and I think some higher ups are throwing in the big bucks to make this happen. But for right now I think Plasticon should start talking to us instead of just spitting out PR BS. I want to know what’s up with the share structure right now. The last 2 months they had an average of 8 press releases. Its like they are trying to fatting us up before they eat us up and kick us to the curb. I mean, Jim Turek should just move into Steve Crowley talk radio show and Bill Howe can live with the Green baron. Hello PR, they have done 4 web casts with theredbaron saying the same thing every time. I feel like the Investor relations department is run out of comedy central but they ran out of jokes to tell. I feel if they delay coming out with anything on the 9th, then we will be seeing our shares drop even more. They have been talking about semco since the end of June. At least we have some dates now (9th and 17th) to look forward to, but who knows how much that’s worth. This is all real shady but its all part of the game. Can't wait to see this magic trick unfold. Then PLNI will def be the stock to have. I really think this company has great potential and imp sticking with it till it jumps.
I have faith, it should all pay off.
 
Posted by stolibox on :
 
they probably increased the authorized for a few reasons. to buy more stuff with our money and to pay their salaries with our money. and to pay for all their pr's with our money. and too pay for their website fees with our money. LOL.
 
Posted by U4TSAF2 on :
 
Day's Range: 0.0053 - 0.0069

THANK GOODNESS WE HAVE ALL THE GREAT THINGS HAPPENING WITH PLASTICON OTHERWISE THE SHARE PRICE WOULD DROP DROP DROP.
 
Posted by stolibox on :
 
thats SOME wall at 005.
 
Posted by stolibox on :
 
well, bid support at 005 down from 13 mm's to 4. not looking so hot. maybe a gap up again in the am and another new low? this thing is just turning into complete turd. starting to look like CNES. good product, but they issues tons of shares, like billions, until it went from pennyland to 0003.
 
Posted by StockHunter on :
 
I've been on the phone all day trying to unearth some truth. Its been the phone equivalent of combing the beach with a metal detector looking for riches. I don't want to say much until I get more complete info since we really don't need more confusion. I will relay a few things though.

Talked to both VFIN and WDCO. They were totally open and have nothing to hide, IMO. They are both wholesalers(like NITE,SCWB,...). The orders they get come over a machine from big institutions, banks, etc... They do not do retail business. VFIN info on capitalization was outdated and WDCO gave me the name of a Matt Maguire to call, LOL.

These guys are not involved in a naked shorting/manipulation game, IMO. I seriously doubt the source of their orders is either. WDCO has not seen an order for PLNI since a penny. Coincidentally, the same price at which VFIN started getting orders. I suspect the shares are coming from the same source and that VFIN was thier preferred "below a penny" MM to use.

One person commented that companies like to blame MMs for naked shorting their stock but that 99.9% of the time these sales are coming from the company. I could not argue with that.

The SEC guy said they could issue securities for sale in any of the 50 states. Many of these states have exemptions to registration as well. I'm not an expert here, so not sure if PLNI can qualify for those exemptions. Regardless, I'm selectively checking with various states to see if they have registered to sell securities in those states. That metal detector at the beach sounds more promising the longer I do this.

The transfer Agent would not tell me anything, but not only regarding PLNI. They don't give info on any customers in order to protect themselves.

I do think the company will find it harder over the coming days to keep silent. More and more pokers in the fire.

Remember: If it looks like a duck, and walks like a duck, and quacks like a duck....
 
Posted by FatherOfTwo on :
 
In reading jibbers post above, it reminded me of something when I first spoke to Jim Turek back when this was still trading at .0028.

When I asked him about a date of audit completion, he would not give a firm date because he said "... I do not feel comfortable giving firm dates that I have no control over.... when it comes to the audit, there are accountants and lawyers that may tell me next week, and they don't finish for another month..."

So, when I see Jim put down a date in a PR, I feel pretty confident that it WILL happen on that date. I do not think he is like other CEO's (like Frank Olson) who put out dates and they don't get met until months and months later!
 
Posted by FatherOfTwo on :
 
quote:


Remember: If it looks like a duck, and walks like a duck, and quacks like a duck.... [/QB]

BUY AFLAC??????
 
Posted by StockHunter on :
 
quote:
Originally posted by FatherOfTwo:


So, when I see Jim put down a date in a PR, I feel pretty confident that it WILL happen on that date. I do not think he is like other CEO's (like Frank Olson) who put out dates and they don't get met until months and months later!

Uh, I think you need to catch up since last you played this stock. Read the PRs, go to the archives of the radio shows, the Green Baron reports, read the posts from people who have talked to Matt, Jim, Bill, etc... They have been putting out numbers and rolling the dates forward for months and months. As for the ProMold closing, Bill Howe said in a radio interview that it would close on Oct. 6th, so even on that one there's precedent for delay. Besides, ProMold closing is in the market.

The giant seller of 10's of millions of shares daily is much more important to the price of the stock. Investors lost half of their investment in just the last 2 weeks with only one major seller and tons of good PRs, Green Baron reports, radio shows, etc... It aint the AFLAC duck, its much worse.
 
Posted by state780 on :
 
terrific DD, Stock. Thank you.

FOT, there are reasons to be hopeful, but relying on Turek's personal assurance that he hates to miss deadlines isn't one of them.

The company seems completely inept the last month. Total collapse of pps and.... nada.

Again, I can't imagine PLNI would be so stupid as to promise closing dates in PRs and not meet them.
 
Posted by g-invest on :
 
quote:
Apparently, Plasticon increased its authorized share count recently to five billion shares
BAIL. Do not think. Bail.

THE ONLY REASON TO INCREASE AUTHORIZED SHARE COUNT IS TO DILUTE THE SHARES.

This is even worse than a reverse-split.

I've warned you guys, I've been posting for the last 4 to 5 months nothing but the share price and how long it has been since the CEO, Jim Turek, promised the audit would be released in 4 weeks.

Guys, he blantantly and flat-out lied to you. This is worse than any other pink sheet stock, because he actually put a timeframe on it in a PR.

If you are even in this stock to trade, you have lost your mind. Get out of this horrid stock while you still can and save your investment for something worthwhile.
 
Posted by Stock Jockey on :
 
Why would you bail out of a stock at a low just 2 or 3 days prior to an Acquisition of a Factory that makes the product no less??? Doesn't make sense to me. That should give it a bounce and restore at least some of the credibility to the company... IMO the Jury is still out on the A/S issue.


quote:
Originally posted by g-invest:
[QB] [QUOTE]Apparently, Plasticon increased its authorized share count recently to five billion shares

BAIL. Do not think. Bail.
 
Posted by state780 on :
 
g, the trash-talking doesn't help. RB is a great board for that kind of stuff. Some of us are trying to keep this board on the respectful side and some terrific DD has resulted.

Now, there is no "apparently" about the 5 billion a/s. It's a done deal. The question is why, the answer is, we don't know yet. There are reasons other than dilution (i.o.w. a lame way for PLNI to raise money). One--maybe the best I can come up with--is that the shares are collateral for loans to buy Promold and/or Semco. Not to be called unless the loans can't be serviced by revenue. I wouldn't love that, but it wouldn't be a terrible outcome.

However, PLNI really needs to speak up on this immediately, in a formal way and with words from Turek. We've already suffered a bloodbath. Without a doubt there are many reasons to be very distrustful of PLNI.
 
Posted by g-invest on :
 
quote:
Originally posted by state780:
[QB] g, the trash-talking doesn't help. RB is a great board for that kind of stuff. Some of us are trying to keep this board on the respectful side and some terrific DD has resulted.

This isn't trash. I am telling you to your face that Jim Turek is diluting PLNI stock and the only purpose of raising the A/S count is to furthur dilute. That means the PPS goes down and you lose your money. You lose it. You never get it back and he takes it and spends it on whatever he wants.

quote:
Now, there is no "apparently" about the 5 billion a/s. It's a done deal. The question is why, the answer is, we don't know yet. There are reasons other than dilution
No, there are NO reasons other than dilution.

Why are you joining in on the scamming? Sell your shares, don't defend him, it won't do you any good. I'm telling you GET OUT OF THIS NOW. I'm not bashing to buy in lower, I'm an investor like you and I want you to save as much of your money as you can. There are better stocks to buy than this one. I've been watching this stock fall from the .0175 range and it still amazes me that people are still in it thinking it will rebound. It won't. It'll go lower than .0002 unless he does a reverse-split first. GET OUT NOW.

quote:
However, PLNI really needs to speak up on this immediately, in a formal way and with words from Turek. We've already suffered a bloodbath. Without a doubt there are many reasons to be very distrustful of PLNI.
No he does not, he needs to release the audit he said he was going to about 5 months ago. GET OUT OF THIS STOCK, IT IS BEING DILUTED.

Please, if you have any doubts, PM me. This is not a stock to get into, you're just going to lose your money.
 
Posted by Stock Jockey on :
 
State, what I ment on the A/S is that: No one here has a clue about what the A/S is all about untill Mr.Turek files the audit. Dilution, buyback, collateral...whatever the reason for the volume lately is still a mystery. Not even the best stock hound here really knows what is going on. I will give the company a chance to explain.


quote:
Originally posted by state780:
g, the trash-talking doesn't help. RB is a great board for that kind of stuff. Some of us are trying to keep this board on the respectful side and some terrific DD has resulted.

Now, there is no "apparently" about the 5 billion a/s. It's a done deal. The question is why, the answer is, we don't know yet. There are reasons other than dilution (i.o.w. a lame way for PLNI to raise money). One--maybe the best I can come up with--is that the shares are collateral for loans to buy Promold and/or Semco. Not to be called unless the loans can't be serviced by revenue. I wouldn't love that, but it wouldn't be a terrible outcome.

However, PLNI really needs to speak up on this immediately, in a formal way and with words from Turek. We've already suffered a bloodbath. Without a doubt there are many reasons to be very distrustful of PLNI.


 
Posted by Bearclaw on :
 
Great...
The Momo cronies are showing up to go after FOT...Just what we need this week...
 
Posted by state780 on :
 
g invest, if you are an investor just like me, please do not start with comments like "why are you joining in on the scamming." Read my last 500 posts before you make comments like that(actually, I'm pretty close to that!). I have no patience for that kind of talk.

There are reasons for the increased a/s that do not automatically translate into doom. Do we know what the real reason is yet? We do not. Are there reasons to be fearful? Yes. You can read some of my own posts for some of those reasons.
 
Posted by bond006 on :
 
I myself am betting on a Nov. 9th closing date for promold. Mr. Turek would have to be insane at this point to miss that date. And if theu close on the semco deal on the 17th as promissed we will have a sharp spike in the pps. Now you have to take Turek's track record into consideration. glta
 
Posted by g-invest on :
 
quote:
There are reasons for the increased a/s that do not automatically translate into doom.
NO THERE IS NOT. DILUTION DILUTION DILUTION.

Christ people, don't you understand? It doesn't matter if he hits the "date" or not, unless it's a fully SEC-verified audit, he is going to continue to dilute. Do you people learn nothing of the ills of other stocks on here like QBID and CMKX?

QBID suddenly and quietly raise the A/S from 15 billion to 50 billion and now we find out they have 44 billion shares outstanding. What makes you think some backwaters stock like PLNI that talks about Plastic rebar (lol) is going to do any better? Can you name a single building with plastic rebar in it?

People, I'm trying to help you before you throw your money into this thing and a year from now (or less) it's at .0001 and Jim Turek's still saying "the audit will be out in a couple of days".

Learn from my mistakes, get out now while you still can, it just might force him to finish that audit. I highly doubt he's going to though. I encourage you all to view this PR from last May:

http://tinyurl.com/9dqft
 
Posted by g-invest on :
 
quote:
I will give the company a chance to explain.
He is not going to explain.

If you want me to I can. It's like this

I buy a reverse IPO shell company for $80,000. It does a reverse split, the former CEO keeps %20 ownership, I get %55, and the stockholders have 25%. I then release PR after PR till the stock flies up to .02, then the former CEO starts selling his shares. It drops, and as it drops, I raise the amount of stock I can dilute. So if I had 2 billion authorized shares, I can now sell shares past that amount.

It happens with EVERY pink sheet stock.

The only reason someone would need to raise the A/S count is because they've already hit the limit. So you can be DAMN sure that Jim hit the limit, otherwise, why the hell would he raise the A/S count? It's only a negative thing. No good can come from it.

I've been mentioning this in my audit notices for the past several months:
http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/8/t/015636/p/11.html#000360

You have got to stay away from this stock or you will lose your money.
 
Posted by state780 on :
 
quote:
Originally posted by g-invest:
quote:
There are reasons for the increased a/s that do not automatically translate into doom.
...
What makes you think some backwaters stock like PLNI that talks about Plastic rebar (lol) is going to do any better? Can you name a single building with plastic rebar in it?..

Los Alamos [nuclear research] Lab
Wright Pat AF Base
Chatanooga Aquarium
Toronto Skydome
Disney Orlando
Tampa Convention Center

etc. etc. www.plasticonintl.com available on the website, as well as the brochure sent to shareholders earlier this year.

It's true I haven't taken a sledgehammer to, say, the Tampa Convention Center, which I've been in, to inspect for plastic rebar supports. But I don't think there's any serious question about PLNI's involvement in these projects.

Plasticon is a real company that makes real things. They also have a real distribution agreement with Bluelinx, a major national company.They have that agreement to sell plastic rebar (lol?), which has been certified for use in 50 states. This is not the stuff of a typical pinky shell scam.

There are plenty of reasons to be skeptical about the share situation. But let's not mix fact and fiction.
 
Posted by ed19363 on :
 
g-invest, butt out. No skin off your nose if we lose our money.
It's our decision, not yours.
 
Posted by Highwaychild on :
 
And I believe also the Chattanooga aquarium has a little Plasticon in it as well.
All well and good, but how many available shares are too many available shares?
 
Posted by DQ. on :
 
I'm waiting to hear this reason for the increase that we are all going to applaud.
I'm ready to applaud right NOW!
 
Posted by rangers684 on :
 
clap clap clap
 
Posted by DQ. on :
 
Yes, I am standing in front of my computer with both hands streched out at attention just waiting to clap my ass off.
C'mon Jim,,,,give it to me man!
 
Posted by Bearclaw on :
 
DQ...
Tomorrows or thursdays the day for a PR...Pro Mold first...I'd be surprised to see anything today...

quote:
Originally posted by DQ.:
Yes, I am standing in front of my computer with both hands streched out at attention just waiting to clap my ass off.
C'mon Jim,,,,give it to me man!


 
Posted by DQ. on :
 
Yes, I'm sure there will be news after the Promold deal.
They will be excited to let that news out.
 
Posted by In Search Of A Runner on :
 
Hey guys when will the buy back of those 200 mil shares begin? Anyone here knows?
 
Posted by state780 on :
 
quote:
Originally posted by In Search Of A Runner:
Hey guys when will the buy back of those 200 mil shares begin? Anyone here knows?

According to the worthless outwide PR spokesman, Matt Maguire, as reported by anothe poster who spoke with him, they 200 mil were already bought back or retired, I forget which. After which, according to the same conversation, plni went back up to 2billion outstanding shares. meanshile green baron says plni told them the o/s is below 2 billion.

so good luck with all of that
 
Posted by state780 on :
 
sorry for all the typos.
 
Posted by mbmaid on :
 
Some buying coming in. Perhaps an afternoon run into tomorrow's announcement.

My feeling is that this will go back over a penny with the promold closing. All those that dumped will be getting back in.

GLTA
 
Posted by FatherOfTwo on :
 
looks good... volume picking up with some u/t!
 
Posted by mbmaid on :
 
VFIN backs off ask. Buys coming in. I'm feeling that we're back over a penny soon.
 
Posted by StockHunter on :
 
quote:
Originally posted by mbmaid:
VFIN backs off ask. Buys coming in. I'm feeling that we're back over a penny soon.

Keep an eye on DOMS. May be the new VFIN (who was the new WDCO). Could just be they handed off the order to a new MM. Tomorrow will get better idea if DOMS is still there and VFIN gone for good.
 
Posted by Chopper on :
 
Well finally an up day, 20% gain.
 
Posted by bond006 on :
 
20% HUGE go ranger684 way to go
 
Posted by mbmaid on :
 
Tomorrow we may just be up HUGE!

Fingers cross for a HUGE day and happiness all around.

GLTA
 
Posted by Steela on :
 
Not sure of how huge. Most people, including myself, who bought at the new baseline lows will be profit taking near or slightly above a penny. I hope this takes off for everyone, but profit is profit.
 
Posted by Bearclaw on :
 
No problem here...Everyone has to decide how/what to trade...Good luck...but...
.01 may be only a small profit if the PR's come out back to back the next couple weeks...IMO

quote:
Originally posted by Steela:
Not sure of how huge. Most people, including myself, who bought at the new baseline lows will be profit taking near or slightly above a penny. I hope this takes off for everyone, but profit is profit.


 
Posted by cold_up_here on :
 
Just over a cent and I will be even....Whoooppiee! First round back in May bought at .0168-.019 Lost that round sold at around .014 Round #2 averaged in just above a cent now down over 40% on the new investment. Hopefully JT & BH will be as honest as posssible and do what's right for the company/shareholders. I didn't buy back in to unload at .011-.015 My intention was to hold for a higher PPS range(.03-.05) or swing a couple times. Now we have a lot of 'Fresh Meat' that bought in just recently who will be unloading millions of shares soon for a quick buck. Bawhahahahahahahaha!!!!
 
Posted by youngface on :
 
I'm about in the same place you are Cold, I expected to go long on this and watch it gain over time. I kept getting more on the lows but now it's going to take a long time to grow close to 02 again. I think I will try to break out even and then try to start over at lower lows...You're right on with the "Fresh Meat" coment....
 
Posted by FatherOfTwo on :
 
Another good looking chart here:

http://stockcharts.com/def/servlet/SC.web?c=plni,uu[m,a]daclyyay[db][pb50!b200][vc60][iLb14!La12,26,9]&pref=G

Bottom appears to have been found as the MACD is turned aound and starting to diverge positive with a cross coming late this week.

RSI & Williams are both oversold and just crossing out.

the indicators are looking positive here for some upward movement! For those that have been waiting to take a long position here, watch for volume and positive movement after 10:30 am. As the last 4 days or so, there has been great positive movement at open with a selloff. Today had pretty good buying pressure all day with a positive close.
 
Posted by iwannaride00 on :
 
what a country

[ November 08, 2005, 20:40: Message edited by: iwannaride00 ]
 
Posted by iwannaride00 on :
 
Oh yeah and by the way, look at the golden cross about to happen. BUY, BUY, BUY while the time is right.

http://stockcharts.com/def/servlet/SC.web?c=plni,uu[m,a]daclyyay[db][pb50!b200][vc60][iLb14!La12,26,9]&pref=G
 
Posted by Chopper on :
 
iwannaride00 You have a pm.
 
Posted by iwannaride00 on :
 
I'm sure I do...
 
Posted by bobcat88 on :
 
O.K. let me say this first, this is my virgin post so go easy on me! Now that said I've been sitting in the shadows watching for the last month watching and waiting for what looked like a good 1st stock to buy, yes 1st stock purchase ever! So all the ranting and raving about all the different stocks over the last month I finally made the trip downtown to the local Scottrade office and got my account in order and bought in for 1mil of PLNI at.006 and 100k of MOTGE at .075, so thanks boys and girls for being out there as a resource. Hopefully these are the first of many days of having green on my account instead of red.
 
Posted by youngface on :
 
And another one bites the dust...

Just kidding bob, hope you have better luck than me....
 
Posted by Bearclaw on :
 
Bobcat...Welcome
 
Posted by youngface on :
 
Hey Bobcat, I suggest you read ICMH post for some Pinks101 education...

SURGEON GENERAL’S WARNING: Penny Stocks Can Cause Cancers Of The Bank Account And Throat, Even If You Do Not Inhale.

SURGEON GENERAL’S WARNING: Penny Stocks Can Cause Bank Account Cancer And Heart Disease.

SURGEON GENERAL’S WARNING: Penny Stocks Use Increases The Risk of Infertility, Stillbirth, Low Birth Weight and Low Bank Account Assets.

SURGEON GENERAL’S WARNING: Penny Stocks Are Not A Safe Alternative To Cigarettes.

SURGEON GENERAL’S WARNING: Penny Stocks Increases The Risk Of Bank Account Cancer And Heart Disease, Even In Account Beneficiaries


[Wink]
 
Posted by cold_up_here on :
 
Good news for Plasticon(I think). Bluelinx will no longer be needed for distribution going forward!! Incredible progress has been made! Jim Turek & son have purchased their first delivery truck and are considering purchasing up to 5 more vehicles of simular caliber. The cost savings will be huge. This should also add tremendous value to our shareholders!

BTW- Jim will also be doubling as delivery driver, so this should add even more shareholder value.


http://www.wsu.edu/~426hemi/img/truck2.jpg
 
Posted by youngface on :
 
Good one...LOL, I expect that's what they look like after moving a 5 ton toro injection machine around( or what ever it's called?)
 
Posted by Chopper on :
 
Press Release Source: Plasticon International, Inc.


Plasticon to Commence Manufacturing at Pro Mold Facility on November 10th
Wednesday November 9, 8:30 am ET


LEXINGTON, KY--(MARKET WIRE)--Nov 9, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that the company will commence manufacturing at the Pro Mold, Inc. production facility in St. Louis, Missouri, on November 10th.


"For the first time in the history of the company, Plasticon will control the manufacturing process from start to finish, which will allow us to control our own destiny through the Pro Mold production facility," said Jim Turek, President and CEO of Plasticon International. "From this point forward, we will no longer rely on contract manufacturing. This is an exciting milestone for Plasticon." Next week, Plasticon will webcast a video tour of the entire plant. Mr. Turek will be present to start the new state-of-the-art 500-ton Toyo molding machine, signaling the beginning of Plasticon's control of the facility. "We will now control the entire manufacturing process, from molding the recycled resins, shaping them into innovative recycled plastic products and delivering the final product to the field," Mr. Turek said.

According to Mr. Turek, there are several major advantages to acquiring the Pro Mold facility. "First, the new plant will allow the company to offer enhanced service to our customer base through faster turnaround times on orders. Secondly, the new plant will give the company more direct supervision of quality control issues. Third, it will allow us to meet increased demand. Demand has been steadily rising for our most recently patented product, the PAC Chair III, as well as our additional recycled plastic rebar support products. The new facility allows us to control the process and effectively meet demand. Additionally, there is currently a $1 million backlog in orders for Pro Mold, which will need to be met as soon as possible. Fourth, the facility will allow us to produce custom-made orders, which will allow for expanded sales opportunities. We are looking forward to getting started on November 10th."

The new production facility allows for $20 million in production and sales annually at present production capacity, and with the addition of several new Toyo machines, production capacity can be pushed to between $25 million to $28 million annually.

For more information about the Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.


Contact:
Plasticon International, Inc.:
Jim Turek
President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: http://www.plasticonintl.com

Contact Investor Relations:
Matt Maguire
Ph: 866 843 2775



--------------------------------------------------------------------------------
Source: Plasticon International, Inc.
 
Posted by Chopper on :
 
Pro Mold Done Deal, Now Let the games Begin!
 
Posted by Chopper on :
 
Press Release Source: Plasticon International, Inc.


Plasticon to Commence Manufacturing at Pro Mold Facility on November 10th
Wednesday November 9, 8:30 am ET


LEXINGTON, KY--(MARKET WIRE)--Nov 9, 2005 -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that the company will commence manufacturing at the Pro Mold, Inc. production facility in St. Louis, Missouri, on November 10th.


"For the first time in the history of the company, Plasticon will control the manufacturing process from start to finish, which will allow us to control our own destiny through the Pro Mold production facility," said Jim Turek, President and CEO of Plasticon International. "From this point forward, we will no longer rely on contract manufacturing. This is an exciting milestone for Plasticon." Next week, Plasticon will webcast a video tour of the entire plant. Mr. Turek will be present to start the new state-of-the-art 500-ton Toyo molding machine, signaling the beginning of Plasticon's control of the facility. "We will now control the entire manufacturing process, from molding the recycled resins, shaping them into innovative recycled plastic products and delivering the final product to the field," Mr. Turek said.

According to Mr. Turek, there are several major advantages to acquiring the Pro Mold facility. "First, the new plant will allow the company to offer enhanced service to our customer base through faster turnaround times on orders. Secondly, the new plant will give the company more direct supervision of quality control issues. Third, it will allow us to meet increased demand. Demand has been steadily rising for our most recently patented product, the PAC Chair III, as well as our additional recycled plastic rebar support products. The new facility allows us to control the process and effectively meet demand. Additionally, there is currently a $1 million backlog in orders for Pro Mold, which will need to be met as soon as possible. Fourth, the facility will allow us to produce custom-made orders, which will allow for expanded sales opportunities. We are looking forward to getting started on November 10th."

The new production facility allows for $20 million in production and sales annually at present production capacity, and with the addition of several new Toyo machines, production capacity can be pushed to between $25 million to $28 million annually.

For more information about the Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. Plasticon was recently featured in Investor's Business Daily and can be viewed on the Investors.com web site at: http://www.investors.com/corporatenews/nw111.asp. It can also be viewed on the Plasticon International web site at: http://www.plasticonintl.com/manofrecycledplastic.pdf.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.


Contact:
Plasticon International, Inc.:
Jim Turek
President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: http://www.plasticonintl.com

Contact Investor Relations:
Matt Maguire
Ph: 866 843 2775


--------------------------------------------------------------------------------
Source: Plasticon International, Inc.
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
Pro Mold Done Deal, Now Let the games Begin!

We still don't know if/when they will actually close the deal. The PR, like most of thier PRs, implies something but does not spell it out. They do not state that they own the facility today. If they did close already they would have said so, IMO. The financing may still not be complete.

If I were new to this stock, I would assume the deal is closed and signed. But having been around the block a few times with these guys I ask 'how would a lawyer write this if trying to give a particular impression without being liable for false statements?' I want to know how they are financing these deals. What is the debt and what is the capitalization structure they leave us with?
 
Posted by maumee river rat on :
 
I think that is a nice little P.R.
Maybe we could get ole' Dougy from ICMH to read it and understand what a good release is. (definately, absolutely, maybe?)
 
Posted by mbmaid on :
 
The deal is supposed to close TODAY. Which means, as the PR implies, that it WILL be done, and that they take over TOMORROW. I like it. I'm happy. I'd be happy if I could recoup some of my losses here.
 
Posted by state780 on :
 
quote:
Originally posted by mbmaid:
The deal is supposed to close TODAY. Which means, as the PR implies, that it WILL be done, and that they take over TOMORROW. I like it. I'm happy. I'd be happy if I could recoup some of my losses here.

Stock is right. I'll be happy when the deal is closed.
 
Posted by George on :
 
quote:
Originally posted by StockHunter:
quote:
Originally posted by Chopper:
Pro Mold Done Deal, Now Let the games Begin!

We still don't know if/when they will actually close the deal. The PR, like most of thier PRs, implies something but does not spell it out. They do not state that they own the facility today. If they did close already they would have said so, IMO. The financing may still not be complete.


Do you need it spelled out??? That is what the whole story is talking about. Read it again..
 
Posted by StockHunter on :
 
quote:
Originally posted by George:
quote:
Originally posted by StockHunter:
quote:
Originally posted by Chopper:
Pro Mold Done Deal, Now Let the games Begin!

We still don't know if/when they will actually close the deal. The PR, like most of thier PRs, implies something but does not spell it out. They do not state that they own the facility today. If they did close already they would have said so, IMO. The financing may still not be complete.


Do you need it spelled out??? That is what the whole story is talking about. Read it again..
Yes, I need it spelled out. When they announced the 200 million share retirement, but left out the capitalization structure, I needed that spelled out too. They implied, and Matt verbally stated, that the a/s was 2.0 billion and we know that to be wrong. But nothing in print so they were not liable for fraudulent statements. They also updated the o/s and number of shareholders for pinksheets, but conveniently failed to update the a/s at that time. It was implied that it did not change. Oops.

If its not in print, I take it with a pillar of salt. What did it cost? How was it financed? What is the capitalization structure? I cannot determine the impact on the value of the company based on anything in that PR.
 
Posted by state780 on :
 
quote:
Originally posted by George:
quote:
Originally posted by StockHunter:
quote:
Originally posted by Chopper:
Pro Mold Done Deal, Now Let the games Begin!

We still don't know if/when they will actually close the deal. The PR, like most of thier PRs, implies something but does not spell it out. They do not state that they own the facility today. If they did close already they would have said so, IMO. The financing may still not be complete.


Do you need it spelled out??? That is what the whole story is talking about. Read it again..
Yes, we need it spelled out. I am optimistic about this deal, but there have been too many cute PRs (and missed deadlines) in the past to take anything for granted. It is unnecessarily odd for PLNI to put out a PR like this on the very day they said they would close the deal. That is the most important thing--not where they manufacture--and it is the one thing the PR does not say.
 
Posted by StockHunter on :
 
State,

I notice you're from the DC area. With all the spin flowing out there you must get a lot of practice reading between the lines. A bit of an advantage I'd imagine.
 
Posted by state780 on :
 
quote:
Originally posted by StockHunter:
State,

I notice you're from the DC area. With all the spin flowing out there you must get a lot of practice reading between the lines. A bit of an advantage I'd imagine.

Too true.
 
Posted by Bearclaw on :
 
Guys,
Chill...they are just letting you know the manufacturing is starting the 10th...How can they say it's a done deal till they sign the paperwork? They do that later this morning...

There will be another PR to follow telling you that the deals done...Geeeezzzzzz?????/
 
Posted by ed19363 on :
 
And the PPS??
Doesnt move......
Wonder why??
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by FatherOfTwo:
Another good looking chart here:

http://stockcharts.com/def/servlet/SC.web?c=plni,uu[m,a]daclyyay[db][pb50!b200][vc60][iLb14!La12,26,9]&pref=G

Bottom appears to have been found as the MACD is turned aound and starting to diverge positive with a cross coming late this week.

RSI & Williams are both oversold and just crossing out.

the indicators are looking positive here for some upward movement! For those that have been waiting to take a long position here, watch for volume and positive movement after 10:30 am. As the last 4 days or so, there has been great positive movement at open with a selloff. Today had pretty good buying pressure all day with a positive close.

Now is the time to be jumping in!
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Guys,
Chill...they are just letting you know the manufacturing is starting the 10th...How can they say it's a done deal till they sign the paperwork? They do that later this morning...

There will be another PR to follow telling you that the deals done...Geeeezzzzzz?????/

You may be right. VFIN stopped selling yesterday morning. If those sales were somehow involved in the financing of this deal the timing would make sense. Clearly the selling became more aggressive moving up to this date. It also fits their patern to get as much mileage out of every event, so another PR about the closing tomorrow would fit the patern.
 
Posted by Murnak on :
 
chart looking better....
http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dd][pb50!b200][vc60][iUb9!La12,26,9]&pref=G
 
Posted by Chopper on :
 
Up 10 clicks..... Nice
 
Posted by Murnak on :
 
lets get thru .007!!!!!! cool!!!!!!
 
Posted by mbmaid on :
 
nice volume, nice buys coming in. Yippee. Keep it going, have a lot of ground to make up here.
 
Posted by state780 on :
 
quote:
Originally posted by mbmaid:
nice volume, nice buys coming in. Yippee. Keep it going, have a lot of ground to make up here.

Yippee indeed. Now if we can get a promold "closed deal" announcement, the afterburners will kick in this afternoon.
 
Posted by OhhhYeah on :
 
I sold all my CNCN and bought into this (.0058) and MOTGE. After reading some of the posts I started thinking I made a bad decision. After today I am thinking I should of got more PLNI... All this momemtum just because they reinterated a previous PR release???
 
Posted by mbmaid on :
 
This PR confirms that today will close PROMOLD. When it is announced, we fly.
 
Posted by StockHunter on :
 
The biggest reason we're rising is VFIN is gone. We've had plenty of retail buying for weeks, but a massive supplier forcing it down.

The problem going forward is we traded over 600 million shares at prices at or below where we are now over the past week. That's more than what the company claims the float is (500 million). Even with the likely sizable increase we've had in the float that's still a big base of investors who can take considerable profits below .01. Its great for the recent buyers and swing traders, but those of us with a higher cost basis need a lot of help to get this back to the levels of last month.

All the Yippees and exclamation marks often mean we're near a short term trading top (and that some people actually have profits down this low). good luck to all.
 
Posted by rangers684 on :
 
bond006, up huge and f u
 
Posted by buckstalker on :
 
Not cool rangers....
 
Posted by jibber39 on :
 
Im buying as much as i can get right now, this stock is going to go through the roof. With a little news about the pro-mold closing on the 10th, the stock jumps 20%!!!!! Just imagine whats going to happen when they close the deal on the 10th, then close the next deal on the 17th. This could easily hit 05 to 10 by the end of this month.
 
Posted by Bearclaw on :
 
Stock...Helps on the way!!!


quote:
Originally posted by StockHunter:
The biggest reason we're rising is VFIN is gone. We've had plenty of retail buying for weeks, but a massive supplier forcing it down.

The problem going forward is we traded over 600 million shares at prices at or below where we are now over the past week. That's more than what the company claims the float is (500 million). Even with the likely sizable increase we've had in the float that's still a big base of investors who can take considerable profits below .01. Its great for the recent buyers and swing traders, but those of us with a higher cost basis need a lot of help to get this back to the levels of last month.

All the Yippees and exclamation marks often mean we're near a short term trading top (and that some people actually have profits down this low). good luck to all.


 
Posted by mbmaid on :
 
My yippee is that I'm closer to my avg. price of .013. I've been here for a while, and plan to stay. I really feel that this can be another HISC, and hit a dime or more in a week's time with the right momentum. We'll see.
 
Posted by bond006 on :
 
mbmaid It is very possible if they stay on track. Anythuing may happen at this point
 
Posted by Dagger Depot on :
 
nothing significant if they dont put out any solid numbers.
 
Posted by Bearclaw on :
 
Geeezzzzz..
You guys are tough...gripe all the way down and now it's going up and folks still gripe...any smiles out there besides me????
 
Posted by mbmaid on :
 
I yippied earlier. I love this company, and will ride it to the top. Not selling a share under a nickel, and will keep some to the ten cent mark. There;'s just TOO MUCH POTENTIAL HERE.
 
Posted by Bearclaw on :
 
I like how you think

quote:
Originally posted by mbmaid:
I yippied earlier. I love this company, and will ride it to the top. Not selling a share under a nickel, and will keep some to the ten cent mark. There;'s just TOO MUCH POTENTIAL HERE.


 
Posted by GVMOORE on :
 
Done deal. I'm happy. Look for a second plant
next year to keep up with demand. GL
 
Posted by jibber39 on :
 
i agree. This company can only go up. They have been around for awhile but have not had any real breaks. Nothing really to move the company to the next level until now. The stuff thats happening with this company right now is BIG!! This is a penny stock but i can sure see it surpass far from that. I'm not one to stay with a stock and One of the big rules for daytaders is to never get attached to a stock. Well, im breaking that rule now...we are making some gains now (+23%)but i don't think anyone is going to want to cop out too soon on this one.
 
Posted by DQ. on :
 
I don't know if it is a full YIPPIE yet but it is at least a YIP. Keep going man....I've held forever and I want it back up. Maybe it can still be my retirement stock. C'mon .25
 
Posted by Bearclaw on :
 
DQ...
I hear they don't retire in Texas...just put you out to pasture for stud fees?

quote:
Originally posted by DQ.:
I don't know if it is a full YIPPIE yet but it is at least a YIP. Keep going man....I've held forever and I want it back up. Maybe it can still be my retirement stock. C'mon .25


 
Posted by Superbee383 on :
 
I think that just one little Bawahahahahaha from Cold_up_here would be the icing on the cake. Also the pee (hmmm.. doesn't sound right), but the pee at the end of Yip too! Come on Cold, let's hear from you today
 
Posted by Murnak on :
 
So we may close Semco by the end of the week....

That would keep this going....
 
Posted by Thorn on :
 
quote:
Originally posted by Bearclaw:
Geeezzzzz..
You guys are tough...gripe all the way down and now it's going up and folks still gripe...any smiles out there besides me????

Well, I for one don't get excited when it recovers back to ground it has lost while still being down quite a lot. Maybe when it passes double its current price (.0145 was not that long ago).
 
Posted by BuyTex on :
 
nice quick 20, y'all--lol, shoulda been watching closer, but I'm having system issues w my network so basically in DD mode. But good to see some action...
 
Posted by Bearclaw on :
 
FYI...
Post on RB says Jim has a 17:30 flight to Vegas tonight to close Semco tomorrow...
 
Posted by ed19363 on :
 
85 million shares traded and hardly any PPS movement at all.
Reminds me more of CMKX every day.
 
Posted by Bearclaw on :
 
Ed...
18.33% today and 20% yesterday...Wake up...

quote:
Originally posted by ed19363:
85 million shares traded and hardly any PPS movement at all.
Reminds me more of CMKX every day.


 
Posted by mbmaid on :
 
16.67% is hardly any movement? I'll take that every day, my friend.
 
Posted by ed19363 on :
 
Nothing less than a quarter will impress me after all the glowing PRs.
If they ever hope to get to a better board, the price has to get over $1. And the only way I see that happening as of now, is a reverse split, which they have sworn not to do.
Ergo, IMO, this PPS better start skyrocketing pretty soon.
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
FYI...
Post on RB says Jim has a 17:30 flight to Vegas tonight to close Semco tomorrow...

That's great. I wonder if they can close Promold first.
 
Posted by Bearclaw on :
 
They did close...today...And there won't be any consideration of an R/S until they get close to the American Exchange if at all...but we will know that well in advance...

Man this board has turned into a group of old bags beechin and moaning...Why don't you guys just sell and go find something you can celebrate owning...this is obviously not the stock for you...Get out as soon as you can...Go have some fun...RX of Prozak being sent to AS PLNI thread ASAP...

Just curious...What will it take to get behind this company? Folks have been micromanaging Plasticon and Jim Turek so long they think they're entitled to know things that they are not...So what will it take within reason?


quote:
Originally posted by state780:
quote:
Originally posted by Bearclaw:
FYI...
Post on RB says Jim has a 17:30 flight to Vegas tonight to close Semco tomorrow...

That's great. I wonder if they can close Promold first.

 
Posted by state780 on :
 
Bear, do you have inside information that the deal closed? Do you have a PR you can point to? I'm serious.

Given past performance, these are reasonable questions. What are the answers?
 
Posted by buckstalker on :
 
Bear...What will it take me to get behind this company, you ask?...I can sum it up in one word...HONESTY!!


quote:
Originally posted by Bearclaw:
They did close...today...And there won't be any consideration of an R/S until they get close to the American Exchange if at all...but we will know that well in advance...

Man this board has turned into a group of old bags beechin and moaning...Why don't you guys just sell and go find something you can celebrate owning...this is obviously not the stock for you...Get out as soon as you can...Go have some fun...RX of Prozak being sent to AS PLNI thread ASAP...

Just curious...What will it take to get behind this company? Folks have been micromanaging Plasticon and Jim Turek so long they think they're entitled to know things that they are not...So what will it take within reason?


quote:
Originally posted by state780:
quote:
Originally posted by Bearclaw:
FYI...
Post on RB says Jim has a 17:30 flight to Vegas tonight to close Semco tomorrow...

That's great. I wonder if they can close Promold first.


 
Posted by stolibox on :
 
i have to agree with ed, over half a million dollars traded today, and it is still not near a penny. just too many shares out.

700 million shares traded in 10 days...i have to believe the float is not what people think it is. thats like 4.5 million dollars. for a penny stock? i dunno, i sold today...again. just leaves me uneasy...

18% gain is not alot. back in previous run, similar amount of volume doubled the stock. seems to be many more shares out...
 
Posted by state780 on :
 
quote:
Originally posted by stolibox:
i have to agree with ed, over half a million dollars traded today, and it is still not near a penny. just too many shares out.

700 million shares traded in 10 days...i have to believe the float is not what people think it is. thats like 4.5 million dollars. for a penny stock? i dunno, i sold today...again. just leaves me uneasy...

well, in my opinion, today was a good day--the last two days were good days and I enjoyed them.

But only a.... very optimistic person, let me put it that way, would assume PLNI achieved anything without a formal declaration (printed pr) from the company. That's just experience talking.

And I agree with others there is no freakin' way the float is only 500 million, given the trading activity of the last week.

I look forward to confirmation by PLNI of the acquisition that it promised to close today. If the deal was closed, there is no reason to keep it a secret.
 
Posted by Bearclaw on :
 
State...
This is what I have...I have a meeting scheduled today for the contract signing. All the principles and attorneys suited up. I have a PR that came out this morning, prior to the contract signing, announcing production to begin. Now that PR said everything except the signed deal and the wording was pretty clear...I agree it did not specifically say the deal was done....but I'm very glad it came out today so that the manufacturing news doesn't get lost in the purchase...do I know other things?

State...if I, or anyone for that matter, had more information than what's been released we could be in trouble...Yes? Do you think anyone in their right mind would post that here? It would be like swimming in a swamp of aligators...I'd have huge chunks taken out of my arse...a feeding frenzy...Even if I or anyone PM'd you guys we'd still get our azzzz chewed...

We will all get the details as management feels it's appropriate and that's the way it should be..If this company goes to the big board we'll all be drinking Miaties (sp) in the Carribian while Turek is still busting his arse building this company...I'll wait for him to decide what and when to say...
Hope this helps IMO


<
quote:
Originally posted by state780:
Bear, do you have inside information that the deal closed? Do you have a PR you can point to? I'm serious.

Given past performance, these are reasonable questions. What are the answers?


 
Posted by state780 on :
 
Bear, that is a very long way to say "No."

I agree that trading in inside info is verboten, and should be.

But the pps will collapse, and everybody knows that, if PLNI does not announce what it promised.

I repeat, there is no reason to keep official confirmation of the closing secret if, in fact, the deal has been closed. Turek and company cannot be so stupid as to be unaware of their reputation. It is time for them to act. No excuses. No inferences. No assumptions. Close the deal and tell us you closed it.
 
Posted by state780 on :
 
And let me add: If PLNI puts out a PR tomorrow about how production has begun at Promold--but without confirmation of the closing, which they have repeatedly trumpeted--it will be big trouble.
 
Posted by stolibox on :
 
i agree state. with all the fluff pr's out, there better be one on...

[Mad] CLOSING THE DEAL....TOMORROW A.M. [Mad]
 
Posted by Bearclaw on :
 
State...
Naw no trouble...PPS is going north and the float is getting tight...but...

I do think there will be an announcement and a few other things right behind it...He left St. Louis and headed to Vegas...pretty busy guy...It is his company and he makes the decisions..
I trust his, Jim Tureks, decisions and bought another million shares two days ago because I do...I'm averaged at .0068 and am absolutely thrilled...exstatic...out of my mind nuts right now...looking towards the future with nothing but excitement...so if I sound that way it's because I am for many many reason...but you know...

We only have two decisions with this company...no more no less...
1. Buy... 2. Sell

IMO


quote:
Originally posted by state780:
And let me add: If PLNI puts out a PR tomorrow about how production has begun at Promold--but without confirmation of the closing, which they have repeatedly trumpeted--it will be big trouble.


 
Posted by StockHunter on :
 
Where did the info regarding Turek's flight plans come from(in St. Louis today, Vegas tomorrow)? Is this direct from the company - confirmed?
 
Posted by Bearclaw on :
 
Stock...

St. Louis today and Vegas tonight 17:30 flight..."to go to Semco" notice quotes...
Came from Plasticon...

No one called the airline to confirm if he got on the plane...we figured he could find his way...Poor basturd must have folks wondering when he hits the head and if it's a number 1 or 2....and if not enough pit stops...well...can't trust him!!!! IMO


...
quote:
Originally posted by StockHunter:
Where did the info regarding Turek's flight plans come from(in St. Louis today, Vegas tomorrow)? Is this direct from the company - confirmed?


 
Posted by state780 on :
 
quote:
Originally posted by StockHunter:
Where did the info regarding Turek's flight plans come from(in St. Louis today, Vegas tomorrow)? Is this direct from the company - confirmed?

Bloody unlikely! "Shad" made that claim at r.b, saying it was told to him by Best By Design. BBD is, as you recall, the fellow who attacked as bashers anyone who claimed the a/s had been raised to 5 billion, promising it would be cleared up by that Monday or Tuesday. (Not this week-the week before) Still waiting.
 
Posted by Bearclaw on :
 
Nope....buzzer sound...not from him....

quote:
Originally posted by state780:
quote:
Originally posted by StockHunter:
Where did the info regarding Turek's flight plans come from(in St. Louis today, Vegas tomorrow)? Is this direct from the company - confirmed?

Bloody unlikely! "Shad" made that claim at r.b, saying it was told to him by Best By Design. BBD is, as you recall, the fellow who attacked as bashers anyone who claimed the a/s had been raised to 5 billion, promising it would be cleared up by that Monday or Tuesday. (Not this week-the week before) Still waiting.

 
Posted by Chopper on :
 
From the secretary at Plasticon via just one little quick telephone call asking where Mr. Turek was or heading to and that is not insider information. That was all she had to offer. The rest is just assumption on anyones part but I can't see any reason to go out there 5 days early other than to sign the Acquisition contract.


quote:
Originally posted by StockHunter:
Where did the info regarding Turek's flight plans come from(in St. Louis today, Vegas tomorrow)? Is this direct from the company - confirmed?


 
Posted by StockHunter on :
 
Once ProMold officially closes there is no reason to keep the financing details a secret.

Mr. Turek, if you put out a seperate PR for the closing, please PLEASE give details as to the financing and current capital structure. How can we figure out what these things mean if we don't know the costs?

As to those who throw out price projections of 10 to 20 times where it is trading now, you might as well use a random number generator. We don't know what percent of the company each share represents. We don't know the interest costs or possible dilutive provisions of these agreements. We have no control over this and almost no information. Its a total guessing game.

If they stop diluting (VFIN is gone so maybe we're there now) this could be a good swing trading stock. Long term its a gamble. I believe the company could grow considerably, but that won't do shareholders any good if they decide to water down our shares too much.

I bought a little more back yesterday looking to swing out today, but didn't quite reach my price. I hate holding overnight becuase I just don't trust these guys. Any of the missing info on this company can hit without warning, and it might not be pretty.
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
From the secretary at Plasticon via just one little quick telephone call asking where Mr. Turek was or heading to and that is not insider information. That was all she had to offer. The rest is just assumption on anyones part but I can't see any reason to go out there 5 days early other than to sign the Acquisition contract.


quote:
Originally posted by StockHunter:
Where did the info regarding Turek's flight plans come from(in St. Louis today, Vegas tomorrow)? Is this direct from the company - confirmed?


Thanks Chopper. Maybe he's going to Vegas to play the slots [Big Grin] .
 
Posted by Chopper on :
 
Bawahahahahaha Maybe Jim needs a break too. Just don't gamble the title to the company away big guy! [Eek!]

quote:
Originally posted by StockHunter:
quote:
Originally posted by Chopper:
From the secretary at Plasticon via just one little quick telephone call asking where Mr. Turek was or heading to and that is not insider information. That was all she had to offer. The rest is just assumption on anyones part but I can't see any reason to go out there 5 days early other than to sign the Acquisition contract.


quote:
Originally posted by StockHunter:
Where did the info regarding Turek's flight plans come from(in St. Louis today, Vegas tomorrow)? Is this direct from the company - confirmed?


Thanks Chopper. Maybe he's going to Vegas to play the slots [Big Grin] .

 
Posted by Bearclaw on :
 
Stock...
You and I are getting close to agreement...Holy Cow Phil Rusutto...Yankee announcer...sorry...I digress here...

Now..if you could only dispense with the dilution theory we could exchange lawn equipment...

I know you think holding overnight is a problem...but...just a little to throw out there...A different guess than the dilution scenerio...If there was a share structure change...now just what if....here's my question?

What scenerio would holding shares play to your advantage when and if something to the share holders advantage happened? Think about it....Are there more than one possibility that would be advantagous to you? Could it even look like dilution? The PPS is rising and the float is getting tight...oooppppsss
You'll want documented proof...sheet...Well sorry...not available...

I'm making sure I'm in a stock position every single night at close no matter what...but that's just...IMO


quote:
Originally posted by StockHunter:
Once ProMold officially closes there is no reason to keep the financing details a secret.

Mr. Turek, if you put out a seperate PR for the closing, please PLEASE give details as to the financing and current capital structure. How can we figure out what these things mean if we don't know the costs?

As to those who throw out price projections of 10 to 20 times where it is trading now, you might as well use a random number generator. We don't know what percent of the company each share represents. We don't know the interest costs or possible dilutive provisions of these agreements. We have no control over this and almost no information. Its a total guessing game.

If they stop diluting (VFIN is gone so maybe we're there now) this could be a good swing trading stock. Long term its a gamble. I believe the company could grow considerably, but that won't do shareholders any good if they decide to water down our shares too much.

I bought a little more back yesterday looking to swing out today, but didn't quite reach my price. I hate holding overnight becuase I just don't trust these guys. Any of the missing info on this company can hit without warning, and it might not be pretty.


 
Posted by stolibox on :
 
not to be bearer of bad news, but VFIN plopped back on ask with minutes left to trade today...hope he didn't leave just to let it rise for a day, and create baggies. i'm still waiting for an audit. have been for 1.5 years now...
 
Posted by buckstalker on :
 
Yea...I noticed VFIN back minutes before close....tommorrow will tell
 
Posted by StockHunter on :
 
quote:
Originally posted by stolibox:
not to be bearer of bad news, but VFIN plopped back on ask with minutes left to trade today...hope he didn't leave just to let it rise for a day, and create baggies. i'm still waiting for an audit. have been for 1.5 years now...

Thanks Stoli for passing on that info. I'll be watching them closely tomorrow. I was at the dentist so didn't see the close.

At least I was doing something less painful than trying to unravel the capital structure mystery.
 
Posted by Chopper on :
 
Vfin, if you guys watched all day was in and out of the mix all throughout the day. Just glad he wasn't taking a lead role in tanking the pps. Maybe he will back off in the am for a gapper up.
 
Posted by successinstock on :
 
hey all just checking in...

out of town and away from the minute to minute movements...lol

everything is coming together i see. Seeing it and loving it.

thanks for the call chop.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stock...
You and I are getting close to agreement...Holy Cow Phil Rusutto...Yankee announcer...sorry...I digress here...

Now..if you could only dispense with the dilution theory we could exchange lawn equipment...

I know you think holding overnight is a problem...but...just a little to throw out there...A different guess than the dilution scenerio...If there was a share structure change...now just what if....here's my question?

What scenerio would holding shares play to your advantage when and if something to the share holders advantage happened? Think about it....Are there more than one possibility that would be advantagous to you? Could it even look like dilution? The PPS is rising and the float is getting tight...oooppppsss
You'll want documented proof...sheet...Well sorry...not available...

I'm making sure I'm in a stock position every single night at close no matter what...but that's just...IMO


Bear,

I'll hold part of my position overnight (now much smaller than it was 2 months ago), but I hate to hold my "swing" shares overnight when I don't get as big a move as expected. Stocks that are weaker than expected tend to grow like cancers in my portfolio when I don't dump the swing shares. Next day I'm buying more lower to sell the following day, etc, etc... next thing you know I'm burried under a pile of POS stock. Thankfully I didn't buy any back until yesterday. Actually been selling all the way down starting as soon as it became obvious(at least to me) what WDCO represented back around .013.

Maybe these guys can pull a rabbit out of the hat regarding the shares, but its all a matter of interpreting actions and assigning probabilities for me. The upside is in the expansion of the business, not in a creative capitalization structure that could benefit me, IMO.

Any argument that has the company trying to push the stock down to buyback shares doesn't seem plausible to me. That would not only show a lack of regard for shareholders, especially those who sold before they lost 50,60,75% of their holdings, but it would be illegal. The mechanics of how this could have been done allude me since hundreds of millions of shares had to be sold to get the stock down here. Just watch the tape.

They have been very actively marketing their stock for months. Why would a company that has so much cash flow that they can get private financing (not backed by stock if we believe them) and can afford a buyback program, give away 10s of millions of shares to stock promotion firms and conferences like GB, BAC, MicroCap conference, American scene radio, etc... These companies don't help them sell rebar supports. They don't help them buy back stock cheap since it creates more demand for their stock. The only logical reason is that they want people to buy their stock.

What benefit would a buyback produce for Mr. Turek? He can issue himself as much stock as he wants and he already owns 70% of the company. He'll make the big bucks once they go to OTCBB and the business takes off, assuming everything they've represented about the business is true. Since they need to borrow to buy ProMold and Semco, why not use the buyback money and save the interest expense. I just simply cannot come up with a logical reason for their actions that excuses the massive sales by WDCO and VFIN and includes a buyback.

I do need proof or a logical interpretation of events before accepting an argument. I'm perfectly capable of missing the obvious or not so obvious, so feel free to enlighten me. Where I'm not comfortable is arguments that work backward from a desired conclusion. Everyone who's owned stock has been guilty of this at one time or another, but its an expensive impulse that's usually quite costly. I want the stock to go up, but I won't force fit a bullish argument to events if not warranted by logic.

[I just read this and can't help but think I spent too much of my youth watching Mr. Spock on Star Trek]
 
Posted by Bearclaw on :
 
Stock...
Just read your post over my morning coffee..
I'm glad you sold on the way down...I sure understand holding cancers in my portfolio...I originally came to penny stocks for a Virtual Keyboard...This stock was the hard lesson for me after trading for two years on the other exchanges...I sometimes wonder why I stayed in Pennyland but I have.

I have been having a difficult time as things developed the past several weeks. I also sold as the PPS dropped since .0141. At first it was to swing shares over a week or two but then it became obvious there was more going on. The trading just didn't reflect what the charts predicted would happen...Welcome to pennies...I too bought back in this week on Monday adding to a small number of shares I had retained.

This share situation is the number one issue concerning PLNI IMO. The Pro Mold and Semco deals are important but the final disposition of the share structure will tell the long term story.

If Turek sold a large block of his shares to to lower the PPS and then buy back a larger number at a lower PPS to retire a couple hundred million or so...well... The benefit would seem to be for the folks who held long especially if a retirement came off the float and the float tightened. There are all kinds of rumors flying around the boards from F/S to R/S and dilution to accumulation with the most recent one being warrents. There's just not enough evidence yet to really prove or disprove any of the opinions about the share structure. Only Turek can clear it all up. He could close this issue by filing with the SEC including the audit.

I want definite answers to this question also. I want the answers soon and explaind in detail.
I keep shares overnight on stocks that I see by the charts are bouncing from the bottom. I think PLNI is retracing to prior levels now and will continue on the increase. I also think the trading will be active and reflect a more normal pattern. VFIN jumping in the last 5 minutes yesterday and watching the MM's jockey for position also says the interest is obviously intense. It was kind of fun and refreshing watching them. As positive as I am about PLNI I do keep a nervous finger on the sell button just in case.
 
Posted by Chopper on :
 
Hey been a while since we had a buy rating from American Bulls. I know it's just a computer, but I'll take all the good press we can get these days.
PLASTICON INTL INC
Daily Commentary


Our system posted a BUY CONFIRMED today. The previous SELL recommendation that was confirmed was made on 10.21.2005 (20) days ago, when the stock price was 0.0107. Since then PLNI has fallen -33.64% .

Were you eager to go long? Well, without doubt, it was the right time to do so. The BUY signal was finally confirmed, and most probably you have called your broker and placed your long orders with no hesitation.

Don't worry if you have missed this buying opportunity. The market may now give you a second chance. You may still find good prices for buying in the next session.

BUY
CONFIRMED


0.0071
+0.0011 +18.33%

White Candlestick
Today a White Candlestick was formed. This represents normal buying pressure.
 
Posted by DQ. on :
 
quote:
Originally posted by Bearclaw:
DQ...
I hear they don't retire in Texas...just put you out to pasture for stud fees?

quote:
Originally posted by DQ.:
I don't know if it is a full YIPPIE yet but it is at least a YIP. Keep going man....I've held forever and I want it back up. Maybe it can still be my retirement stock. C'mon .25


That's true. If this would run up to .25 or .50 I could slack off on my stud fee and just enjoy.

Hope today is another green day. We need and deserve it.
 
Posted by Dagger Depot on :
 
Maybe he forgot to send out the PR cause he was more concerned about gambling in vegas.
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
Maybe he forgot to send out the PR cause he was more concerned about gambling in vegas.

Pathetic. Just. Pathetic.
 
Posted by Dagger Depot on :
 
Dont worry about us shareholders Mr Turek. We're a dime a dozen. Easy come, easy go.

You have fun in vegas! Good luck on the slots.


*fart*
 
Posted by HartfordNick on :
 
If he wins will he put the money into the revenue column??
 
Posted by Dagger Depot on :
 
"Personal Revenue"
 
Posted by Dagger Depot on :
 
I bet when Turek is filing his 1040, for the total income earned, he puts "profitable" and then signs the bottom.

He's probably been running from the IRS for years...
 
Posted by StockHunter on :
 
quote:
Originally posted by Dagger Depot:
I bet when Turek is filing his 1040, for the total income earned, he puts "profitable" and then signs the bottom.

He's probably been running from the IRS for years...

No, he's been filing extensions for the past year and a half. IRS has no idea what's on the return.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
I want the answers soon and explaind in detail.

Bear,

We're on the same page where it counts - information. I came to see the movie and they keep giving us trailers of coming attractions.
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by Chopper:
Hey been a while since we had a buy rating from American Bulls. I know it's just a computer, but I'll take all the good press we can get these days.
PLASTICON INTL INC
Daily Commentary


Our system posted a BUY CONFIRMED today. The previous SELL recommendation that was confirmed was made on 10.21.2005 (20) days ago, when the stock price was 0.0107. Since then PLNI has fallen -33.64% .

Were you eager to go long? Well, without doubt, it was the right time to do so. The BUY signal was finally confirmed, and most probably you have called your broker and placed your long orders with no hesitation.

Don't worry if you have missed this buying opportunity. The market may now give you a second chance. You may still find good prices for buying in the next session.

BUY
CONFIRMED


0.0071
+0.0011 +18.33%

White Candlestick
Today a White Candlestick was formed. This represents normal buying pressure.

Watch it Chopper... I did the same thing a couple days ago and got slammed.

I also opened a new thread (PLNI... NOW!!!)when the pps was between .005 and .0055. I took a rash of heat, the thread is now closed, but the stock pps is up nearly 50%!

Go figure!

Anyway... I still see some great things to come! Those long holders will be rewarded a princely sum very soon!
 
Posted by state780 on :
 
quote:

I also opened a new thread (PLNI... NOW!!!)when the pps was between .005 and .0055. I took a rash of heat, the thread is now closed, but the stock pps is up nearly 50%!

Go figure!

Anyway... I still see some great things to come! Those long holders will be rewarded a princely sum very soon! [/QB]

Very soon?

Very soon, as in we'll be told very soon about the 5 billion a/s?

Very soon as in we'll get confirmation very soon of the Promold acquisition?

Or perhaps you mean very soon as in early last summer, when we were at .014 and you were singing the praises of very soon zipping up the charts? That was before you disappeared for three months.

A 40% or so gain in the last few days is very nice for those who timed it, not so helpful for those like me who are down 50% and have been waiting for months for very soon good news.
 
Posted by FatherOfTwo on :
 
Yeah.. very soon....

as in, IMHO, before the end of the year, and more likely, within the next week or two.

As far as being gone for 3 months.... well, if you are riding free shares, like me, I will always be green, so there are NO worries, and no need to come and read the whining and everything else!
 
Posted by JEMFinance on :
 
"A 40% or so gain in the last few days is very nice for those who timed it..."

That was me, but only made 23%. Probably going to buy back in when it dips back down next week.
 
Posted by cold_up_here on :
 
We missed something that could be potentially as huge as Promold/Semco/Audit completion and would be one he77 of a "Wild-Card"!

According to Bill Howe from the last GB report on the 31st, 3 major European Banks are interested in sponsoring Plasticon. If so, given the power of the current Euro vs our dollar, they could buy a large chunk of Plasticon a lot cheaper than an American outfit. Just something to consider that may have been overlooked. BTW- Bawhahahahahahahaha!!
 
Posted by Bearclaw on :
 
Stock...
I haven't thought of this yet...and I'm looking for input...

Semco has offices in the far east and an buyout would mean PLNI, ProMold and Semco products will be available for sale and distribution out of those locations. Semco and ProMold were privately owned Corporations...
What could this mean in terms of trading once the Semco deal goes through? Any thoughts?


quote:
Originally posted by StockHunter:
quote:
Originally posted by Bearclaw:
I want the answers soon and explaind in detail.

Bear,

We're on the same page where it counts - information. I came to see the movie and they keep giving us trailers of coming attractions.


 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stock...
I haven't thought of this yet...and I'm looking for input...

Semco has offices in the far east and an buyout would mean PLNI, ProMold and Semco products will be available for sale and distribution out of those locations. Semco and ProMold were privately owned Corporations...
What could this mean in terms of trading once the Semco deal goes through? Any thoughts?


The business side has always looked promising to me, and over time the Semco branches could be utilized to expand their sales channels. Semco and ProMold should be wholly owned subsidiaries so they can do with them as they want.

My problem is that no matter how good the business side goes, I have absolutely no idea what my ownership share is, and how much debt is on the balance sheets. Semco and ProMold cannot have come cheap. The Semco folks must know what a gem they have. What will Plasticon pay for it and how?

I can look at market metrics and speculate on the potential revenue going out several years, but if I can't make an estimate on margins(without debt numbers)its meaningless. If they truly are not going to dilute with the purchases, they could take on so much debt their margins will be miniscule. If they tie the purchases to shares through some creative method, the margins could be great but the shares are diluted.

It keeps coming back to the same issue -- they have to be more transparent before we can get on grasp on the long term prospects for the pps.
 
Posted by cold_up_here on :
 
Bear.. I didn't know Semco had Tokyo & China branches! Now I know why BH & JT sounded so excited about the Semco acquisition. I believe these subpenny PPS days are nearing an end!
 
Posted by Bearclaw on :
 
Stock...
Great points...With offices in Japan and Hong Cong does this bring the Asian markets into play...?? We are already on the German Exchange.

It becomes clear the audit and sharestructure is necessary to peg a value...but...Look at the HISC situation...The revenues were really never there and Apple rode that to over .10 (close to .16) without significant revenue and value...
 
Posted by cold_up_here on :
 
Outstanding Shares: 769,739,998 as of 2005-10-10

Estimated Market Cap: 60.039M as of 2005-11-08 (based on Outstanding Shares as of 2005-10-10)
Authorized Shares: 10,000,000,000 as of 2005-10-10
Float: 12,434,258 as of 2004-11-01
Number of Shareholders of Record: 187 as of 2005-10-10

HISC Authorized Shares: 10,000,000,000 ?? Must be a typo? 10m or 10b ?
 
Posted by StockHunter on :
 
This HISC info doesn't make a lot of sense, especially the number of shareholders. Heck, there are probably more than 187 people who've posted on the various HISC BBs. I have heard the 10 billion a/s from others. That's why I only swing it short term.

When HISC retired shares some months ago, at least they specified how many o/s shares were left afterwords. PLNI just said we retired 200 million and left us to believe it was from the 2.0 billion base listed on pinksheets and relayed from BAC.
 
Posted by Bearclaw on :
 
Yepper Stock...
But the fact remains it ran a ton and hard from around .02...Apple was on that puppy...and his main job seemed to be to tighten the float. I did not follow it or play it so I'm not qualified to talk much about HISC...Other than to say what if PLNI is at the same place HISC was before it ran? Is Apple on board to recreate that here?

I'm just tossing out things today waiting like everyone else...Guess I'm bored waiting for the Semco news to hit...The meeting started already I'm sure...IMO

quote:
Originally posted by StockHunter:
This HISC info doesn't make a lot of sense, especially the number of shareholders. Heck, there are probably more than 187 people who've posted on the various HISC BBs. I have heard the 10 billion a/s from others. That's why I only swing it short term.

When HISC retired shares some months ago, at least they specified how many o/s shares were left afterwords. PLNI just said we retired 200 million and left us to believe it was from the 2.0 billion base listed on pinksheets and relayed from BAC.


 
Posted by mbmaid on :
 
So do we have any confirmation that PROMOLD is signed, sealed, and delivered?
 
Posted by buckstalker on :
 
No.....
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Yepper Stock...
But the fact remains it ran a ton and hard from around .02...Apple was on that puppy...and his main job seemed to be to tighten the float. I did not follow it or play it so I'm not qualified to talk much about HISC...Other than to say what if PLNI is at the same place HISC was before it ran? Is Apple on board to recreate that here?

I'm just tossing out things today waiting like everyone else...Guess I'm bored waiting for the Semco news to hit...The meeting started already I'm sure...IMO

quote:
Originally posted by StockHunter:
This HISC info doesn't make a lot of sense, especially the number of shareholders. Heck, there are probably more than 187 people who've posted on the various HISC BBs. I have heard the 10 billion a/s from others. That's why I only swing it short term.

When HISC retired shares some months ago, at least they specified how many o/s shares were left afterwords. PLNI just said we retired 200 million and left us to believe it was from the 2.0 billion base listed on pinksheets and relayed from BAC.


Bear,

Hisc ran because its a legitimate company with much more transparency than PLNI. They've developed real products, signed sales agreements, brought in credible big name advisors, held an annual meeting where shareholders could ask questions and investors can see results.

It ran despite Matt Maguire and Big Apple Consulting. In fact, I think that was one of HISCs biggest mistakes, hiring them. Look at the PRs. Matt had tons of legitimate good stories on which to put PRs, but still made the company look amateurish. I held back on the size of my trades after reading this PR. Its one of the lamest excuses for a PR and makes them look desperate for attention. Its like touting PLNI getting a buy rating from American Bulls yesterday.

http://biz.yahoo.com/pz/050513/78102.html
 
Posted by Bearclaw on :
 
Yah Stock...
But HISC didn't do sqwat till they put out the unaudited numbers....They still are not reporting...so...no audited numbers...and

Maybe Apple's wheelhouse isn't PR's...
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Yah Stock...
But HISC didn't do sqwat till they put out the unaudited numbers....They still are not reporting...so...no audited numbers...and

Maybe Apple's wheelhouse isn't PR's...

There is nothing to stop Plasticon from putting out unaudited numbers like HISC does. HISC also puts out specific sales info on a regular basis.

If Plasticon wants to be taken seriously they should give us the numbers now. They claimed they were finished months ago, but just going over fine details. If true, they are available. It would really be good if they announced an annual meeting. Even a web conference where investors can ask questions would do the trick. I'm still skeptical of the technical difficulties they had when the attempted that earlier. It turned into another paid informercial with no question asked about the capitalization.

I'm really getting tired of this company and putting way to much energy into getting basic info. I'm doing this more for principle than profit at this stage. Time to find the next big opportunity. In about 3 weeks we should hit tax selling lows in the dogs. Got to put together a list of doggies to monitor.
 
Posted by cold_up_here on :
 
Talking about #'s...My friend just emailed me that IGTN just released Q1 #'s.
 
Posted by Bilo86 on :
 
well..no pr today
 
Posted by Bearclaw on :
 
Stock...
Your going to the Dark side again oh Obewan...!!!
 
Posted by Steela on :
 
Stockhunter, what do you mean by "tax selling lows"? Just curious. Can you claim losses on tax returns? And how do you go about the monitoring process?? Sorry for the list of questions, just trying to understand.
 
Posted by StockHunter on :
 
quote:
Originally posted by Steela:
Stockhunter, what do you mean by "tax selling lows"? Just curious. Can you claim losses on tax returns? And how do you go about the monitoring process?? Sorry for the list of questions, just trying to understand.

No problem. People who have realized capital gains during the year often look to sell the dogs in their portfolios at years end to reduce their tax burden(capital losses offset capital gains). So the weak stocks that people have losses in tend to get sold more heavily at year end than the fundamentals would warrant. This selling tends to bottom out toward the end of november to beginning of december. At that time the bottom fishers start coming in and offset the last minute sales.

In a generally up year this situation becomes magnified as more people have capital gains to offset and there are fewer dogs available in which to realize losses. Based on the volume and price action, PLNI would qualify as a tax loss possibility for quite a few people. Though there are also considerations for long and short term capital gains/losses to be considered, but that gets more complicated and depends on each persons portfolio.
 
Posted by state780 on :
 
I was away for the afternoon, which was probably good for my health.

No news of the supposed and promised ProMold acquisition. No News of the supposed Vegas/Semco trip.

Nothing.

Pathetic.
 
Posted by Stock Jockey on :
 
State, maybe you could take one for the team and follow Mr. Turek. Give us the true play by play as to what he is up to and report back here. Then you could help yourself and us to be Healthy, Wealthy and Wise. Now that turns a pathetic into a positive. Go get em buddy.
 
Posted by corndo on :
 
This is certainly a time where longs hands should prevail. The holiday weekend is upon us and I don't think any news will come prior to Monday. Get out and enjoy the weekend, gents.
 
Posted by Chopper on :
 
To All the Fellow Veterans: May your day be filled with Peace.
And Green of course.
Chopper
 
Posted by maumee river rat on :
 
Back at ya Chopper!!
 
Posted by Chopper on :
 
Let's hope for a real Green Day.
 
Posted by Bearclaw on :
 
Thank you to all my fellow Veterans today...

quote:
Originally posted by Chopper:
To All the Fellow Veterans: May your day be filled with Peace.
And Green of course.
Chopper


 
Posted by maumee river rat on :
 
Amen...

The sad thing is, I'm starting to think that the drywall I Have to hang at the bar today, will be more fun than watchen this!!

Keep the faith!!
 
Posted by state780 on :
 
No PR on the alleged ProMold acquisition. The PLNI clowns have an unblemished record.
 
Posted by Bearclaw on :
 
State...
Agreed...The Pro Mold deal should have been clearly explained and finished...by today at the latest...

quote:
Originally posted by state780:
No PR on the alleged ProMold acquisition. The PLNI clowns have an unblemished record.


 
Posted by trainsite on :
 
wth is the matter with you, jimbo?
 
Posted by trainsite on :
 
Posted by Greencow on ihub:

"For whatever it is worth, when I talked to Mapple a week ago he told me not to assume that the pr on the acquisition would be out the next day. He said it might be the day after … it might be a week after … don’t assume anything. That being said, I still assumed the info would be out the 10th."
 
Posted by state780 on :
 
quote:
Originally posted by trainsite:
Posted by Greencow on ihub:

"For whatever it is worth, when I talked to Mapple a week ago he told me not to assume that the pr on the acquisition would be out the next day. He said it might be the day after … it might be a week after … don’t assume anything. That being said, I still assumed the info would be out the 10th."

It might be a year after...

thanks for the info transite. Mapple, of course, is useless. Putting aside his entirely unreliable observations, in the face of a massive pps decline, there is no reason to keep secret a succesful closing that the company has trumpted for weeks. The most charitable interpretation is that PLNI is incompetent. And that doesn't help us either.
 
Posted by jibber39 on :
 
If not today i am hoping to hear something on Monday. I think im getting to the point where i just want out...Plni is just making my head spin..To be honest, i really just don't get it, or them. I mean, PRO MOLD now theres, but hide it from us? Did they really aquire promold? or just using there facility. If you read close it doesn't say anything about buying or numbers. just that they are going to continue operations at a different location. Im waitin for some real news here asap. Off the subject, I read 2 very interesting articles in the USA Today newspaper about pink sheets. So if you carry your laptop everywhere like i do and want some bathroom reading. Here are the links.

http://www.usatoday.com/money/markets/us/2005-11-10-pink-sheet-cover-usat_x.htm

http://www.usatoday.com/money/perfi/general/2005-11-10-pink-sheets-mym_x.htm
 
Posted by buckstalker on :
 
This company is NOT incompetent...it is however, DISHONEST....
 
Posted by jibber39 on :
 
quote:
Originally posted by buckstalker:
This company is NOT incompetent...it is however, DISHONEST....

So buck, what is worse. For a company to be incompetent or to be dishonest. Either way you look at it, they are both bad...
 
Posted by cold_up_here on :
 
I believe that I posted this a week or so ago, but here is the link again. Scroll half way down. People of Bill Howe/Larry Oakley's caliber don't put their credibility up for stake to get themselves involved in a "Pinksheet-Scam". This is why DD is so important today. Delphi is now DPHIQ(pinksheets) down from NYSE. Delta Airlines DALRQ(pinksheets) Silicon Graphics earlier this week SGID(pinksheets) also down from the NYSE. I could give you a bunch more.

http://www.gazelles.com/coachingpartners.html
 
Posted by buckstalker on :
 
That is precisely why I chose to get out...

quote:
Originally posted by jibber39:
quote:
Originally posted by buckstalker:
This company is NOT incompetent...it is however, DISHONEST....

So buck, what is worse. For a company to be incompetent or to be dishonest. Either way you look at it, they are both bad...

 
Posted by bond006 on :
 
Good old Jim Turek the pr"s just flow from that one they do same as they did at wickland before it changed to plni then it was a recycle factory and audit. as you can imagin that never quite happened either.
 
Posted by Thorn on :
 
quote:
Originally posted by jibber39:
quote:
Originally posted by buckstalker:
This company is NOT incompetent...it is however, DISHONEST....

So buck, what is worse. For a company to be incompetent or to be dishonest. Either way you look at it, they are both bad...
Lol. Sounds like a retake on Enron [Razz]
 
Posted by buckstalker on :
 
With all of the fluff PR's that Plasticon has put out over the past few months...trust me if they would have closed the Promold deal, they would have PR'ed it....
 
Posted by StockHunter on :
 
quote:
Originally posted by cold_up_here:
I believe that I posted this a week or so ago, but here is the link again. Scroll half way down. People of Bill Howe/Larry Oakley's caliber don't put their credibility up for stake to get themselves involved in a "Pinksheet-Scam". This is why DD is so important today. Delphi is now DPHIQ(pinksheets) down from NYSE. Delta Airlines DALRQ(pinksheets) Silicon Graphics earlier this week SGID(pinksheets) also down from the NYSE. I could give you a bunch more.

http://www.gazelles.com/coachingpartners.html

Cold,

Do we know for a fact this is the same Bill Howe? Previous info had him coming from a different consulting group out of boston(name escapes me,but it was something like Boston Marketing consultants)
 
Posted by bond006 on :
 
Are you sure it wasn't Howes Janitorial and Window Service
 
Posted by buckstalker on :
 
I've got a neighbor named Bill Howe...
 
Posted by bond006 on :
 
Buckstalker you are just a lucky man
 
Posted by StockHunter on :
 
quote:
Originally posted by jibber39:
Off the subject, I read 2 very interesting articles in the USA Today newspaper about pink sheets. So if you carry your laptop everywhere like i do and want some bathroom reading. Here are the links.

http://www.usatoday.com/money/markets/us/2005-11-10-pink-sheet-cover-usat_x.htm

http://www.usatoday.com/money/perfi/general/2005-11-10-pink-sheets-mym_x.htm

Jibber, Thanks for the links. These are excellent articles that anyone new to the pinks should read. A few sections caught my eye:

"The Securities and Exchange Commission, with few exceptions, regulates only companies with more than $10 million in assets and more than 500 shareholders. Virtually no stocks traded on the Pink Sheets clear that bar."

Well, PLNI meets that bar (according to their PRs and pinksheets info) but they won't file to go OTC BB and live under that scrutiny. They just keep blaming their slow auditors(for a year and a half!)

"The SEC usually gets involved only if scamsters get so greedy that they issue additional shares rather than just pumping and dumping existing shares, says Gidon Caine, securities lawyer at Dechert LLP. " Hello, SEC...

"Companies that list on the Pink Sheets rarely move on to bigger and better stock markets. Last year, just 14 of the 4,570 Pink Sheets companies trading graduated to the NYSE, Nasdaq or American Stock Exchange, PinkSheets.com says. "
 
Posted by bond006 on :
 
Why move out of the pinks how eles can you create money and never be investigated you would be insane to move out of pinkie land
 
Posted by bond006 on :
 
Where else can you have a meeting with yourself and change the a/s from 2billion to 5billion and when you are found out you can always say I had a nice surprise I was going to give plasticon investors almost like we ruined the party
 
Posted by ed19363 on :
 
I might remind you all that the 14 companies that did make it off the pinks are the exception to the rule. IF (and that's a mighty big if) PLNI would ever move up, you can be assured that it is a bona-fide company with something to offer. That being said, it sure would be nice to have regular PRs that are not just fluff. IMO, this company may have bitten off more than it can chew. Too many buyouts and audits trying to get done at the same time. This is a management problem, and if they ever get the whole nut squared away, it could very likely be one of the 14 for next year. Keep the faith or sell, your choice, I am in for the long run.
 
Posted by stolibox on :
 
Bill Howe is from Pegasus Consulting.

http://www.pegasusconsultinggroup.com
 
Posted by Bearclaw on :
 
Well... it held it's gains from the week. Good sign...Now we need PR's explaining the situation...we all know what those issues are...Have a great weekend...
 
Posted by bond006 on :
 
There is only one way at this point to make out good on plni and that is have the bulk of your investnemt long term you can make some monies flipping but it is time consuming. glta
 
Posted by Bilo86 on :
 
give up...sell out, move on
 
Posted by jibber39 on :
 
I have another real good article for you guys. It gives some new insights on how to pic new stocks to invest in. Main thing that grabed my attention was; "via forecasts for earnings and global economic growth -- don't seem to be working right now, and new research says they never did". New way to look at the market, here u all go. GO PlNI

http://moneycentral.msn.com/content/P133926.asp?GT1=7390
 
Posted by cold_up_here on :
 
5:16pm 11/13/05

Koch Ind. to buy Georgia-Pacific in deal valued at $21B (GP) By Anne Stanley
SAN FRANCISCO (MarketWatch) -- Koch Industries has reached an agreement to buy Georgia-Pacific Corp. (GP) in a cash-and-debt deal valued at more than $21 billion, the companies announced Sunday. Under the terms of deal, Koch will pay $13.2 billion in cash deal and assume $7.8 billion in Georgia-Pacific debt. The boards of the two companies unanimously approved the offer of $48 per share -- a 38.5% premium over Georgia-Pacific's closing price Friday. Georgia-Pacific will become a privately held, wholly owned subsidiary of Koch Industries, the nation's second-biggest private company. Koch said it expects to commence a cash tender offer for Georgia-Pacific shares this week and that the company will continue to operate as Georgia-Pacific from its Atlanta headquarters.
 
Posted by cold_up_here on :
 
When holding 'Key-Patents', such as Plasticon International has...any scenario is possible. Just something to consider.
 
Posted by Chopper on :
 
Nice Find Cold, Thank you.
 
Posted by YellowSubmarine on :
 
"..........HOLY CRAP............."!!!

http://www.allstocks.com/stockmessageboard/ubb/ultimatebb.php/ubb/get_topic/f/2/t/009750.html

.
 
Posted by Chopper on :
 
Nice Bio on SEMCO...

SEMCO Inc is a visionary company that was started in 1990 in Las Vegas, Nevada. Currently we have offices throughout the United States of America, Japan, China, Singapore, and Australia. SEMCO Inc has contributed greatly to its local community with projects ranging from, Elementary Schools, Parks and Recreational Facilities, and Fire Departments in addition Five Star Resorts such as, Bellagio, MGM Grand and Venetian. With the successful completion of these projects SEMCO Inc has been deemed the #1 provider of water based surface products in the state of Nevada. By using the example of SEMCO Inc’s home state we are demonstrating to the world that with these newly developed technologies SEMCO will usher in new industrial products that contains beauty, durability, and is environmentally friendly. SEMCO Inc vision is to develop environmentally friendly products for surface coatings. SEMCO is the manufacture of ULTIMATE SURFACE EFFECTS®
 
Posted by corndo on :
 
Two things:

1) First, all I can think of is the word "boon" as in "This is a great boon to PLNI" and it's hard to believe that Turek could have been in the know about this surprisingly good turn of events. Boon, boon, boon. Koch (from their website) is staggering in how large and diversified their global presence is right now. Distribution center all over the globe? Boon.

2) I'm willing to wager a #3 at McDonald's that we see a PR stating how great this is for PLNI by COB tomorrow (Monday).
 
Posted by StockHunter on :
 
quote:
Originally posted by corndo:
Two things:

1) First, all I can think of is the word "boon" as in "This is a great boon to PLNI" and it's hard to believe that Turek could have been in the know about this surprisingly good turn of events. Boon, boon, boon. Koch (from their website) is staggering in how large and diversified their global presence is right now. Distribution center all over the globe? Boon.

2) I'm willing to wager a #3 at McDonald's that we see a PR stating how great this is for PLNI by COB tomorrow (Monday).

Plasticon has a distribution agreement with a former subsidiary of GP, Blulinx, that was spun off. GP has nothing to do with PLNI. Nada. GP is a paper company, Plasticon makes concrete accessories. This takeover of GP is a non event.
 
Posted by state780 on :
 
quote:
GP has nothing to do with PLNI. Nada. GP is a paper company, Plasticon makes concrete accessories. This takeover of GP is a non event. [/QB]
Thanks, stock, saved me the trouble. I'm also amazed at all the crowing over at rb, and the lack of DD.
 
Posted by Dagger Depot on :
 
I'm amazed that PLNI put out all these fluffy PRs day after day, then when they actually have some meat to share, the shut themselves off from the outside world.
 
Posted by Dagger Depot on :
 
better yet, no I'm not...
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
better yet, no I'm not...

Me neither. Some poster over at RB just said what I believe; it's not evil MM keeping the price down; it 's PLNI, which still hasn't delivered an audit and, as we're both thinking, has not confirmed acquisition of ProMold, which is likely to mean they haven't acquired it. Nor have they answered questions about the 5 billion a/s surprise. This is all pretty rational market behavior.

And somebody with posting authority over at r.b. ought to point out the GP acquisition has nothing to do with PLNI or the independent distributor, Bluelinx. Nothing good, anyway! People are still commenting on that as if it somehow helps PLNI.
 
Posted by cold_up_here on :
 
Checked over my account last nite and did the math. My 'Break-Even' point is .0127 for '05'. The phrase "Always sell your losers" comes to mind. Considering dropping out of the market altogether, not my forte. Too much capital-loss over the years. GLTYA
 
Posted by state780 on :
 
quote:
Originally posted by cold_up_here:
Checked over my account last nite and did the math. My 'Break-Even' point is .0127 for '05'. The phrase "Always sell your losers" comes to mind. Considering dropping out of the market altogether, not my forte. Too much capital-loss over the years. GLTYA

Hear you. Good luck, cold.
 
Posted by Dagger Depot on :
 
I'm invested into PLNI with a comfortable amount. What I mean by this is it would sux to lose it, but it wouldnt really hurt me any. I've made the decision to just hold on for whatever it takes to lose it all or jump it up.

I've heard several times they are a good company, just not when it came to its' shareholders. I've came to the conclusion that PLNI is in fact "NOT" a good company as many have said. Not one time have they ever finished what they have started. They make it about half way, then move on to the next goal. They are a bad company, it just so happens to b a company that makes money.

Aside from flippin this company, it really doesnt seem to the "Good investment" category.

I really wish the best for all of us involved in PLNI (Even Cold - sorry bout your luck).

I'm not saying all this out of anger or spite. I'm not bothered much by being in the red on this stock.

I'm simply calling a turkey a turkey.
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
I'm invested into PLNI with a comfortable amount. What I mean by this is it would sux to lose it, but it wouldnt really hurt me any. I've made the decision to just hold on for whatever it takes to lose it all or jump it up.

I've heard several times they are a good company, just not when it came to its' shareholders. I've came to the conclusion that PLNI is in fact "NOT" a good company as many have said. Not one time have they ever finished what they have started. They make it about half way, then move on to the next goal. They are a bad company, it just so happens to b a company that makes money.

Aside from flippin this company, it really doesnt seem to the "Good investment" category.

I really wish the best for all of us involved in PLNI (Even Cold - sorry bout your luck).

I'm not saying all this out of anger or spite. I'm not bothered much by being in the red on this stock.

I'm simply calling a turkey a turkey.

based on the record, i think that's fair appraisal.
 
Posted by OhhhYeah on :
 
I guess I am a lucky one because I am still in the green (.067) with a sizable amount.. seems to me it can only go up from here...

My strategy has been:

When there is hype and 1-10 comment pages on the forum then DONT buy... Wait until those people have lost alomost everything... and then buy... So far this has been a winning strategy with most of my picks in green with the exception of Qbid which was timed wrong...
 
Posted by corndo on :
 
Oh how quickly I am learning never to go against the rules of the game:
1)don't fall in love with a stock
2)see the forrest in spite of the trees
3)if it quacks like a duck...

I think these next seven days (5 business days) are going to be so great we all will think we are in paradise or... so disappointing we will witness a blood bath of enormous porportions.

This waiting game really makes one question their reasoning.
 
Posted by state780 on :
 
I quote the following fwiw from r.b. Have no opinion about the poster, rrm_b4nu. Color me skeptical. I'm posting it here partly so I can look at it later on--the rb board fills up and turns pages more quickly:

quote:
I had the opportunity to discuss the acquisitions and coming announcements with Bill Howe, Plasticon VP, this evening and confirmed the following.

(1) The Plasticon acquisition of ProMold was completed on the 9th as scheduled. All funding for the acquistion was private and did not involve any dilution of stock.

(2) The Plasticon acquisition of Promold was completed on the 11th, ahead of schedule. All funding for the acqusition was private and did not involve any dilution of stock.

(3) Formal announcement of the acquisitions is pending completion of SEC compliant legal proceedings and is forthcoming very soon. Informally, "the papers have been signed, the keys have been exchanged, and the deals are done."

(4) An upgraded relationship with Plasticon's major distributor is being finalized that will increase significantly the forecasted business expectation for the company. A formal announcement of that upgraded relationship is being announced very soon.

(5) I specifically asked if the current O/S and Float had changed in view of the Oct 13 increase in A/S from 1.8B to 5B shares. His response was that "the Outstanding and Float have not changed one bit." The increase in A/S has to do with SEC requirement to provide for a fallback alternative to a forthcoming "buyback" share restructuring. There is no stock split, forward or reverse, in conjunction with the buyback. The buyback will be very favorable to long term investors.

(6) The audit is extremely close to being announced. This dramatic increase in transparency as Plasticon moves to the OTC(BB) will provide a 10X increase in exposure to new investment based on the companies estimate, and should result in a significant share value increase for investors.

(7) Bill offered to hold a conference call to explain these points. I indicated that would be a good idea but it might be a moot point given the time line expected for the announcements

I asked if the above points could be shared and he stated that all above could be freely shared and discussed. I alread passed this along to my crew.

My recommendation... Buy all the PLNI stock you can afford.

rrm


 
Posted by Chopper on :
 
Very good post! I can only hope we see some or all of this during this and next week. Goooooo PLNI


quote:
Originally posted by state780:
I quote the following fwiw from r.b. Have no opinion about the poster, rrm_b4nu. Color me skeptical. I'm posting it here partly so I can look at it later on--the rb board fills up and turns pages more quickly:

quote:
I had the opportunity to discuss the acquisitions and coming announcements with Bill Howe, Plasticon VP, this evening and confirmed the following.

(1) The Plasticon acquisition of ProMold was completed on the 9th as scheduled. All funding for the acquistion was private and did not involve any dilution of stock.

(2) The Plasticon acquisition of SEMCO was completed on the 11th, ahead of schedule. All funding for the acqusition was private and did not involve any dilution of stock.

(3) Formal announcement of the acquisitions is pending completion of SEC compliant legal proceedings and is forthcoming very soon. Informally, "the papers have been signed, the keys have been exchanged, and the deals are done."

(4) An upgraded relationship with Plasticon's major distributor is being finalized that will increase significantly the forecasted business expectation for the company. A formal announcement of that upgraded relationship is being announced very soon.

(5) I specifically asked if the current O/S and Float had changed in view of the Oct 13 increase in A/S from 1.8B to 5B shares. His response was that "the Outstanding and Float have not changed one bit." The increase in A/S has to do with SEC requirement to provide for a fallback alternative to a forthcoming "buyback" share restructuring. There is no stock split, forward or reverse, in conjunction with the buyback. The buyback will be very favorable to long term investors.

(6) The audit is extremely close to being announced. This dramatic increase in transparency as Plasticon moves to the OTC(BB) will provide a 10X increase in exposure to new investment based on the companies estimate, and should result in a significant share value increase for investors.

(7) Bill offered to hold a conference call to explain these points. I indicated that would be a good idea but it might be a moot point given the time line expected for the announcements

I asked if the above points could be shared and he stated that all above could be freely shared and discussed. I alread passed this along to my crew.

My recommendation... Buy all the PLNI stock you can afford.

rrm



 
Posted by OhhhYeah on :
 
.
 
Posted by rangers684 on :
 
nice!!!!!!!!!!!!!!!!!!!!!!!!
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:

(5) I specifically asked if the current O/S and Float had changed in view of the Oct 13 increase in A/S from 1.8B to 5B shares. His response was that "the Outstanding and Float have not changed one bit." The increase in A/S has to do with SEC requirement to provide for a fallback alternative to a forthcoming "buyback" share restructuring. There is no stock split, forward or reverse, in conjunction with the buyback. The buyback will be very favorable to long term investors.

Well, yet another 3rd hand account from a verbal conversation with a Plasticon spokesperson. If we assume this is an accurate account of the conversation, for arguments sake, lets look at this from a logical(and legal) perspective.

This company claims to have so much cash flow it can get private financing for 2 very large acquisitions without diluting the shares and have enough free cash to affect a buyback of shares. They claim they are going to the OTC BB after which they will become highly transparent, and that will bring in so many new investors the stock will appreciate considerably. If this is all true then these people act in a very illogical fashion.

Since Mr. Turek controls 70% of this cash machine why would he ever want to go public and have the added expense and headaches associated with it? Why would he give away what is probably over 100 million shares to pinky promotion outfits like Green Baron, BAC, Steve Crowley, Larry Oakley, Wall Street Reporter and Micro-cap5 conferences, etc... to promote shares strictly to small fry individual investors who qualifty to buy pinks? The real money comes after the OTC BB and transparency, so why the desperate measures to get small fry individuals to buy? Since these promoters will eventually sell those shares, it just means Plasticon has more shares out there it has to buy back. Why not pay cash for these services and protect the stock from heavy selling that screws the shareholders?

How can the float possibly be 500 million shares when we've traded 880 million shares in the past 3 weeks since we fell below .01 with one seller trading the majority of those shares and only from the sell side? Why would their paid PR firm repeated lie to numerous callers about the a/s, not fessing up until someone uncovered the truth, and then pretend he never lied in the first place? Why would BAC tell me I need not worry about a secretive increase in the a/s because the company would have to get my approval in a vote? Given thier long history in the business of promoting pinks, he must be aware of the law in this area. Why does BAC or Plasticon refuse to put any pertinent information in writing, either by letter or email? Why does BAC use a webmail address telling people to call him when responding to specific questions in emails instead of their own domains email address? Could it be to add a layer of protection should BACs records every be subpoenaed?

Why did this company update its capitalization on pinksheets just before the start of the Wilson-Davis sell program? Why did they selectively chose not to update the a/s at that time or since, giving the distinct impression that the a/s was still 2.0 billion? Why was Wilson-Davis on a major sell program every day for weeks until suddenly stopping on Oct 10th? Why did they start selling again on Oct 13th? Was it a coincidence that Mr.Turek signed the amendment to increase the authorized on Oct 11th and Wyoming posted a processed date of Oct 13th?

Many people have already taken huge losses and walked away from this one. No matter what they do business wise in the future, there is no excuse for the huge losses they cost numerous small, and oftimes unsophisticated, investors. Shares have been distributed into the market and the stock has fallen precipitously more than absorbing significant retail buying. It simply is not credible to believe the hundreds of millions of shares VFIN and WDCO have been selling were previously purchased in the open market and represent a turning of the float.

If any securities lawyers out there can explain how a company could be required by the SEC to increase its authorized shares by 150% in order to buy back shares, please walk us through this. They are taking the word "creative" to new bounds.
 
Posted by state780 on :
 
All very good questions stock. Your straightforward calculations on the float alone have focused my attention in recent weeks. Aside from that, my thoughts are more simple, based on questions like why on earth the company hasn't said anything yet about the surprise 5 billion a/s. I can't imagine any legal reason why they couldn't have explained that already.

So the post I copied from rrm_bn4u would be interesting if true. I'd love to be happily surprised.
 
Posted by cold_up_here on :
 
I have the answer to all questions.....Bawhahahahahahahaha!!
 
Posted by state780 on :
 
quote:
Originally posted by cold_up_here:
I have the answer to all questions.....Bawhahahahahahahaha!!

Certainly as predictive as anything else around here.
 
Posted by successinstock on :
 
posting morning, noon and night to bash this stock is pretty predictive as well.

Have you or stock called the company or did any DD of your own, or do you find it more useful to bash?
 
Posted by StockHunter on :
 
quote:
Originally posted by successinstock:
posting morning, noon and night to bash this stock is pretty predictive as well.

Have you or stock called the company or did any DD of your own, or do you find it more useful to bash?

Its financially dangerous to the bottom line to become emotionally attached to a stock. Critical and logical examination of a companys actions and stock activity is not bashing. Feeling personally offended by it can be a warning that subjectivity is dominating one's financial decisions.

I'm guilty of this myself. I so wanted not to believe what I was seeing, I held too much stock for way too long. Every cheery post and fluffy PR made me want to believe I was not going to lose most of my investment. The positive PRs continued, the heavy retail buying continued, and the stock was driven down by 75% from its highs. The party looked great, but there was a turd in the punchbowl.

BTW, I do do the due dilly(and a little alliteration as well). The company will not respond to my written questions. They simply ignore questions they do not want to answer or pass them off to their paid interference - Matt Maguire, who will not put anything in writing. He is, however, sometimes available to make generalized statements or telling untruths(I'll use the charitable term here). Anything verbal is meaningless because it does not have any legal authority or risk. I have been told untruths by Mr. Maguire on more than one occassion and I do not believe he is ignorant or careless. I think he knows what he's doing and the company does as well, IMO.

I have also had conversations with regulatory officials in Wyoming and a number of other states (looking for hidden security offerings), as well as several conversations with the SEC, representatives at pinksheets, Wilson-Davis and V-Finance. My efforts are now more out of a sense of righting a wrong, preventing further abuse and learning the regulatory situation with pinks than personal profit(my pink positions are quite small).Its a great lesson in how the system is failing to protect small investors. Not just PLNI activity, but all the stuff that goes on with the pinks. I intend to learn more and make suggestions to various legislators and regulators on how they can better protect investors without overly burdening small business formation and innovation. Connection to a central database for all state securities offerings would not be overly burdensome on the states and could greatly benefit investors. I should not have to call 50 states securties regulators to complete DD on any company, but that is the state of affairs today. Any company that actively markets its stock should be required to supply updated capitalization information on pinksheets, on its website, and certainly upon request.

BTW, In all my discussions with the above mentioned parties I have not had anyone push back on my concerns regarding this company. I did get feedback to the effect that what we are seeing with this stock has been a sign of trouble in other stocks in the past.

There's plenty of room for debate on this board. Lets all keep some perspective here. I'm attempting to critically examine the actions and representatives of a company, not insult someone's kids.
 
Posted by corndo on :
 
If all the above were true, how long does this SEC verification whatever process usually take? Anyone?
 
Posted by TEMPEST on :
 
What is the likelyhood of the next few weeks gonna be? with semco, promold etc? any news on filing?
Is this gonna finally make a jump for it.. or do i have to sit on it for another two yrs!!
And talkin on how much you guys have lost, i bought first batch at 5 cents!! but bought it down to my current level of two cents..anything over that a bonus...but still have confidence and wont be sellin till ive made an impressive profit..call me optimistic..but have faith. we will make money on it in the end!!
Dont sell yet...please!!
 
Posted by state780 on :
 
quote:
Originally posted by successinstock:
posting morning, noon and night to bash this stock is pretty predictive as well.

Have you or stock called the company or did any DD of your own, or do you find it more useful to bash?

I don't know who that's addressed to. If me, it is too stupid a question to answer.
 
Posted by Chopper on :
 
I think it is a reasonable question to do the due.

quote:
Originally posted by successinstock:

Have you or stock called the company or did any DD of your own, or do you find it more useful to bash? [/QB]


 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
I think it is a reasonable question to do the due.

quote:
Originally posted by successinstock:

Have you or stock called the company or did any DD of your own, or do you find it more useful to bash?

[/QB]
Honestly, I just stop responding when people start using the "bash" word after others (like me) have asked a perfectly reasonable series of questions--in my case, as in others, directly addressed to Mapple. If someone is uninterested in checking recent messages before throwing around insults, it does not bode well for future communications.

Most of the time when the bash word comes out, it is not attached to specific challenges to the facts or inferences that have been presented. As in this case. There's no point in responding.
 
Posted by Chopper on :
 
Not bashing you State. You and Stock have been here a long time and I enjoy getting all sides of the story.
I happen to think that SEC must approve the mergers and do their rubber stamp approval for all these types of transactions based on antitrust laws. In the Koch PR it stated that very thing. I thought it was rather odd that Plasticon didn't put that in their pr's. I hope I am correct. GLTY
 
Posted by elitedb on :
 
Chopper,

The SEC never has anything to do with approving mergers for antitrust reasons. That falls to the justice department and only applies in industries with few real competitors anyway. The players here are so small no govt approval is necessary for the purchase. Also, these companies are not competitors. This is a synergy of companies. There is no monopolistic merger.


quote:
Originally posted by Chopper:
Not bashing you State. You and Stock have been here a long time and I enjoy getting all sides of the story.
I happen to think that SEC must approve the mergers and do their rubber stamp approval for all these types of transactions based on antitrust laws. In the Koch PR it stated that very thing. I thought it was rather odd that Plasticon didn't put that in their pr's. I hope I am correct. GLTY


 
Posted by elitedb on :
 
I am unaware of ANY SEC Regulation that would require an increase in authorized shares for a buyback program. I have considered this and all I can come up with is, sure they used private financing for the aquisition but they secured the debt with stock, probably common and preferred, and the lenders have a chance of aquiring stock. Thus the shares must be authorized before the chance they have to be issued under the terms of the financing agreements.
 
Posted by OhhhYeah on :
 
There seems to be some good momentum today.. any news?? why is it up almost 10%? Seems that the resistance is getting higher.
 
Posted by Chopper on :
 
Nice close today. I'll take 8.33% anyday. [Big Grin] GLTA
 
Posted by Bearclaw on :
 
Agreed Chop...careful...folks are expecting news tomorrow...may or may not happen...GLTA

quote:
Originally posted by Chopper:
Nice close today. I'll take 8.33% anyday. [Big Grin] GLTA


 
Posted by Dagger Depot on :
 
PLNI was supposed to close the acquisition Pro Mold on the 9th, an here we are 7 days after the fact with no PR. Tomorrow, PLNI is scheduled to close acquisition of SEMCO. In the case of the audit, we should expect PR's confirming the acquisitions about 1.5 years from the dates it happened.
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
PLNI was supposed to close the acquisition Pro Mold on the 9th, an here we are 7 days after the fact with no PR. Tomorrow, PLNI is scheduled to close acquisition of SEMCO. In the case of the audit, we should expect PR's confirming the acquisitions about 1.5 years from the dates it happened.

Yup.

More mismanagement, at best.
 
Posted by OhhhYeah on :
 
Calm down all.. This stock has been moving nicely.. I am up about 40% on this stock in the past few weeks! Some very nice gains! PLNI has been good to me.
 
Posted by state780 on :
 
quote:
Originally posted by OhhhYeah:
Calm down all.. This stock has been moving nicely.. I am up about 40% on this stock in the past few weeks! Some very nice gains! PLNI has been good to me.

That's very nice for you, congrats. I'm down 50% from last May.
 
Posted by OhhhYeah on :
 
50%... about time to cut your loses and move on....Plan on holding long???
 
Posted by Chopper on :
 
State, you should have been flipping this like a lot of us did on the pr's. Made some bank and got more shares.
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
State, you should have been flipping this like a lot of us did on the pr's. Made some bank and got more shares.

Well gee, thanks for the advice Chopper.

Funny thing is, I bought my last load of about 1 million shares after I'd seen it bounce around a few times, thinking I could do exactly that. With apologies to a fellow poster, I must have "the cold touch," since it never saw .012 again.
 
Posted by Bearclaw on :
 
Let's just hope the PR's come out explaining what's going on...the PPS runs...and we all do well...
 
Posted by clbgroove on :
 
Bout time for this to bounce 2-300% again isnt it??

Hasnt done that for a while and would like(love) to see that before years end!!

Moving along nicely now that all the dumping has ocurred, lets keep it going nice and steady.

GL all and to the long holders: remember the flyer we all got and I said I took it as a warning to all that things are going to get real bumpy, well they sure did and we hung on and I believe we will be rewarded for putting up the brass ones and hanging tight on this one!!!!
 
Posted by Bearclaw on :
 
Up 13% and moving
 
Posted by OhhhYeah on :
 
I HAD a sell price in at .009 which would be about a 60% increase for me.. The way this is moving thought I might just change that to .01.. any thoughts?
 
Posted by shortnite on :
 
my thought is, you should change it to .03
 
Posted by state780 on :
 
My thought is, I have no idea what's going on.
 
Posted by OhhhYeah on :
 
lol.... thanks state
 
Posted by OhhhYeah on :
 
WTF.. is going on with this??? I changed my sell price to .012
 
Posted by state780 on :
 
quote:
Originally posted by OhhhYeah:
WTF.. is going on with this??? I changed my sell price to .012

just in time for your original .09.

No. Idea.
 
Posted by Bearclaw on :
 
Ohhhh...
Get your order out of the way...If a PR comes it could fly...Possible swing trade but real risky with news ...if it comes...
 
Posted by BenHouston on :
 
how are you guys posting these gains of 50 and 60%? the lowest its been in the last few weeks is .0055 or somewhere around there...

I have 50,000 shares bought at .0142 i am holding for the long run, i am done a fair bit right now [Frown] but i have faith in this company

regarding the SEMCO aquisition, is it really essential to have a PR, they had one the day prior saying it would be completed the folowing day. It costs about 400 dollars to release a PR from a major PR company. Why waste money?
 
Posted by state780 on :
 
quote:
Originally posted by BenHouston:
how are you guys posting these gains of 50 and 60%? the lowest its been in the last few weeks is .0055 or somewhere around there...

I have 50,000 shares bought at .0142 i am holding for the long run, i am done a fair bit right now [Frown] but i have faith in this company

regarding the SEMCO aquisition, is it really essential to have a PR, they had one the day prior saying it would be completed the folowing day. It costs about 400 dollars to release a PR from a major PR company. Why waste money?

Yes, apart from whatever the hell is going on right now--and one guess would be advance news of a solid PR--it is essential to have a PR. There is still no confirmation of an acquisition, just hints and implications and third-hand semi confirmations with no legal force.

So yeah. Still, I'll enjoy the current show.
 
Posted by Bearclaw on :
 
Geeezzzz...
Leave it to you guys to cast a shadow right now...must be fun at a party...
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Geeezzzz...
Leave it to you guys to cast a shadow right now...must be fun at a party...

Just answering a question, bear.
 
Posted by Bearclaw on :
 
On RB they're breaking out the booze...now they know how to party...
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
On RB they're breaking out the booze...now they know how to party...

It's all very strange. We may have peaked for today here around 90/95, and if so, that's a fine day. But what got us here was an out of the blue surge attached to volume. The thing is, it's nowhere near record volume--we've had 50 million plus days recently, and right now we're around 30 million. We were hanging out around what, 78, going sideways after 15 million shares...and then, bang--i think the first surge was like 10 million shares in under 40 minutes.
 
Posted by Bearclaw on :
 
State...
We haven't had any shakes...Your guess of advanced trading before a solid PR may be close...Your minus 50% is in jeperody...It's headed your way...
 
Posted by Chopper on :
 
Hey State enjoy the nice ride... Your Closer to GREEN!!! [Big Grin]

Cold is close to his break even too. Go PLNI
 
Posted by YellowSubmarine on :
 
PLNI 0.0095 +0.0017 (+21.79%) 0 0 31,147,997

"..Wheeeeeeeeeeeeeeeeeeeeeeeeeeeee......................

.
 
Posted by BenHouston on :
 
How many shares does everyone have in PLNI?
 
Posted by Madge on :
 
4M * 8
 
Posted by bobcat88 on :
 
1M *.0059
 
Posted by Dagger Depot on :
 
I'm still calling a turkey a turkey. BUT....


As we get closer to Thanksgiving, it would appear the turkey becomes more valuable.
 
Posted by DQ. on :
 
1 M * .0033
Let's get back up to .02 and then break .04
 
Posted by StockHunter on :
 
The stock is up because the VFIN sell program stepped back or was completed, and the many scalpers who bought around .0055 took their profits a couple days ago. There has always been buying power in this thing, just that massive seller forced it down.

The company still won't update its capitalization information on pinksheets. They may not release any more fluffy PRs until they address this issue, IMO. I think they are aware their actions are under more scrutiny than before, and by people with more clout than moi. They want their cake and eat it too. Tell investors how great the company is going to do, but hide the true capitalization structure. Come on Mr. Turek, its time to let the buyers know what they are buying.
 
Posted by Chopper on :
 
Well just 20.51% increase today. Hmmmm the Bird truly is fattening up for a Fine Thanksgiving Feast.
 
Posted by Bearclaw on :
 
Many of us know what we're buying/bought
...others don't...
 
Posted by OhhhYeah on :
 
What does that mean?? I am not too good at reading cryptic messages....
 
Posted by Bearclaw on :
 
Ohhhh...
Sorry...it was in response to this paragraph posted by StockHunter a few posts back...

"The company still won't update its capitalization information on pinksheets. They may not release any more fluffy PRs until they address this issue, IMO. I think they are aware their actions are under more scrutiny than before, and by people with more clout than moi. They want their cake and eat it too. Tell investors how great the company is going to do, but hide the true capitalization structure. Come on Mr. Turek, its time to let the buyers know what they are buying."
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Ohhhh...
Sorry...it was in response to this paragraph posted by StockHunter a few posts back...

"The company still won't update its capitalization information on pinksheets. They may not release any more fluffy PRs until they address this issue, IMO. I think they are aware their actions are under more scrutiny than before, and by people with more clout than moi. They want their cake and eat it too. Tell investors how great the company is going to do, but hide the true capitalization structure. Come on Mr. Turek, its time to let the buyers know what they are buying."

You have hopes, bear, and so do I, but unless you're Jim Turek or some kind of insider, you don't have any more facts than say stock--which means you have a very limited idea of what you bought.

Onward and upward, I hope.
 
Posted by GVMOORE on :
 
We're moving up. That's all that matters.
 
Posted by Bearclaw on :
 
State...
I know what I bought...I have all the facts I need and those are anything but limited...and my PPS is at a level that I'm pleased with the profit I'm making...Maybe the major difference is the level we bought at...Mine gives me a positive and hopeful outlook and other folks see gloom and doom...although they may be beginning to see some light...I hope for them that the level they bought at promotes hope soon too as the PPS reflects the true potential of this company...GLTA
 
Posted by clbgroove on :
 
No Pr....I expect a slight sell off today based on the notion that they might not have met the dead line on Semco's 17th.

Maybe they ought to throw out a little curveball and do a afternoon PR rather than the Mapple 8:30 clockwork PR's.....
 
Posted by Chopper on :
 
I would release a PR on Friday or Monday after the actual contract signing.
 
Posted by Bearclaw on :
 
That's Semco. What about ProMold? Any thoughts on that?

quote:
Originally posted by Chopper:
I would relase a PR on Friday or Monday after the actual contract signing.


 
Posted by Chopper on :
 
These guys at SEMCO are on top of Marketing big time! They attended the 2005 NATIONAL HARDWARE SHOW and other shows this year to get the word out on the company in a huge way. They have already registered for the 2006 NATIONAL HARDWARE SHOW show as well as several other trade shows. Mike McAnulty (National Sales Manager) is conducting training sessions on the product line in December and February for Franchisees and installers. They want to blanket the country with a solid distribution and installer support. SEMCO produces the product line right there in Las Vegas and is ready for Aggresive expansion! He stated there is a NEW Web Site being developed and may be up in as little as several weeks. GO PLNI


SEMCO Inc is a visionary company that was started in 1990 in Las Vegas, Nevada. Currently we have offices throughout the United States of America, Japan, China, Singapore, and Australia. SEMCO Inc has contributed greatly to its local community with projects ranging from, Elementary Schools, Parks and Recreational Facilities, and Fire Departments in addition Five Star Resorts such as, Bellagio, MGM Grand and Venetian. With the successful completion of these projects SEMCO Inc has been deemed the #1 provider of water based surface products in the state of Nevada. By using the example of SEMCO Inc’s home state we are demonstrating to the world that with these newly developed technologies SEMCO will usher in new industrial products that contains beauty, durability, and is environmentally friendly. SEMCO Inc vision is to develop environmentally friendly products for surface coatings. SEMCO is the manufacture of ULTIMATE SURFACE EFFECTS®
 
Posted by state780 on :
 
quote:
Originally posted by clbgroove:
No Pr....I expect a slight sell off today based on the notion that they might not have met the dead line on Semco's 17th.

Maybe they ought to throw out a little curveball and do a afternoon PR rather than the Mapple 8:30 clockwork PR's.....

Maybe they ought to put up signs outside the offices of Turek, Howe & Mapples reading Danger: Clowns At Work

Pathetic.
 
Posted by clbgroove on :
 
remember what happened when PLNI redid thier website!!!! YEE HAWWWWW

Lets roll into the new year positive then do the big march-june bump......guess i can wait till then for .04-.05(on the condition they get the shares under control we should be able to hit that)
 
Posted by clbgroove on :
 
Thats almost up there with the old boys from vegas of the firm "Dewey,Cheatum & Howe"


quote:
Originally posted by state780:
quote:
Originally posted by clbgroove:
No Pr....I expect a slight sell off today based on the notion that they might not have met the dead line on Semco's 17th.

Maybe they ought to throw out a little curveball and do a afternoon PR rather than the Mapple 8:30 clockwork PR's.....

Maybe they ought to put up signs outside the offices of Turek, Howe & Mapples reading Danger: Clowns At Work

Pathetic.


 
Posted by OhhhYeah on :
 
Considering all the dumping that was going on this morning we are looking pretty good at .0089 not too bad of a drop !
 
Posted by Doctoall on :
 
Are we going to have any action today [Big Grin]
 
Posted by BenHouston on :
 
[Frown] down a fair bit right now
 
Posted by clbgroove on :
 
I think they held the PR for monday personally. Which was a smart move IMO,might as well come out next week with a big move rather than losing the thunder over the weekend, cause lord knows we need all the help we can get at this point!
 
Posted by iwannaride00 on :
 
Let's see if the Thanksgiving holiday plays into this any. They might hold off until after the hollidays, we'll soon see....
 
Posted by Dagger Depot on :
 
If you think about it, the PR's may never get released.

This company plays by its own rules. If posting any data about the acquisitions add a little transparancey to the company, they wont post it.

The only thing public about this company is the stock. All financial data about it is locked up like for Knox.
 
Posted by shortnite on :
 
FWIW...
Stockwire.com: The Movers and Shakers Blog, Part 2:

By M2
Last Update: 11/21/2005 9:07:22 AM
Data provided by

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Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
If you think about it, the PR's may never get released.

This company plays by its own rules. If posting any data about the acquisitions add a little transparancey to the company, they wont post it.

The only thing public about this company is the stock. All financial data about it is locked up like for Knox.

PLNI: The Thanksgiving Parade of Clowns
 
Posted by ed19363 on :
 
The silence is deafening. Where is all the good news? We've had the pump, are we now headed for a dump?
 
Posted by jibber39 on :
 
Im not too worried right now. Some people who bought in at .005 are just selling off a little to take a pofit. Plus to add to the selling, *************.com had a Sell confirmed posted for PLNI. Despite this i will buy as much as i can when it dips. I think they realized that they can't come out with anymore BS PR's. IMO i feel that they are waiting for everything to go through before they come out and say it. This way they dont' sound dumb going, only a few more days or a few more weeks. When everything is done, they will fire it out there and this stock will jump. They have too much riding on them right now to mess up. IMO, buy it up, nice price right now, .0076.
 
Posted by jibber39 on :
 
the web site, *************, don't understand why that got blurred out there
 
Posted by jibber39 on :
 
american bulls
 
Posted by state780 on :
 
from another board:

quote:
FWIW, spoke with IR today and was pleased to hear a totally different tone than I was used to hearing in the past. I started off by specifically asking about what the issues are that caused the "Pro Mold" web cast to be postponed. I was informed that it is done but it's in the editing process now. Earlier, I saw a special on OCC and it dealt with how a show or other broadcast does indeed take at least 8 weeks of editing in order to provide a quality finished product.(my 2 cents)
I asked about the other outstanding PRs that were promised and was told that all, including; the fact that Promold is up and running, the completed financials will be released, the move to the BB will be addressed, stock restructuring will be addressed and finally the Semco aquisition is done and will also be released. The date I was given was that all would be done by the 31st of Dec....

For crying out loud! Another $$!!*!$#! promise! I've been waiting on this crap since May!

Tomorrow....tomorrow....tomorrow...tomorrow

Clowns On Parade
 
Posted by state780 on :
 
To be thorough I'll post the entire message by "nez" at rb below. Past performance makes me react to this as another pile of steaming...... fill in the blank.


quote:
FWIW, spoke with IR today and was pleased to hear a totally different tone than I was used to hearing in the past. I started off by specifically asking about what the issues are that caused the "Pro Mold" web cast to be postponed. I was informed that it is done but it's in the editing process now. Earlier, I saw a special on OCC and it dealt with how a show or other broadcast does indeed take at least 8 weeks of editing in order to provide a quality finished product.(my 2 cents)
I asked about the other outstanding PRs that were promised and was told that all, including; the fact that Promold is up and running, the completed financials will be released, the move to the BB will be addressed, stock restructuring will be addressed and finally the Semco aquisition is done and will also be released. The date I was given was that all would be done by the 31st of Dec.
I know this is all information we have heard before but as I said before, the tone was far more focused and upbeat than I had previously experienced. There is now an additional person handling investor inquiries about PLNI in addition to Matt and I was given no vauge answers but actual responses that were very logical when considering the volume of information they are now putting together to make sure that it is accurate and complete and also that it will not conflict with future releases.
As I said before, this is all old hat for the masses but there is a definite difference in the manner that the responses were given. I did not once get anything like "things are more complicated than we thought" or "Mr. T jumped the gun due to his excitement.
Also with regard to Semco, if you have some time to kill try going to GlobalSpec's web site. It is an engineering web site and is free to register on. Once registered you will find information about PLNI, Semco and Pro Mold. You can also get the patents (for a small fee, approx. $4.00). If you have ever been with a company that was bought out one of the last things that you see is any appreciable activity with regard to employees due to the fact that as long as they are in the dark, an attitude of apathy tends to set in and you are not going to see anyone putting much effort into anything but watching the clock and worrying. You won't be seeing any big mind blowing displays being put together and if there is a show room, I doubt that there will be any self initiative taking place especially if the products are all already on the web (GlobalSpec will take you there). With regard to the person that posted hearing information about a company that is manufacturing plastic manhole covers, that company is on the GlobalSpec site and if I remember correctly they even have a division that sells only in the Mid east. The site is very informative and once registered, you will find information about many, many company's and trends in the construction industry. As I said, FWIW, Nez


 
Posted by Dagger Depot on :
 
Are you saying Nez blows smoke, or that Apple is blowign smoke?
 
Posted by state780 on :
 
quote:
Originally posted by Dagger Depot:
Are you saying Nez blows smoke, or that Apple is blowign smoke?

Not nez--have no opinion of him one way or the other, but I believe he's accurately reporting what he was told.

Mapple blows smoke as part of their mission statement, I'm pretty sure. As for this...who knows.
 
Posted by BenHouston on :
 
I have so much faith in PLNI, however I am in it for the long run, so I dont even follow it day to day, how about everyone else?

are you in it for the short? medium? or long run?
 
Posted by OhhhYeah on :
 
Short....actually already have a profit... if this thing doesnt move I will invest more in a stock that will.... like MOTG
 
Posted by YellowSubmarine on :
 
"..Hot Ziggity-Dog-Diggity..", they're talking about PLNI on The Motley Fool now...!!!

An Exciting Penny Stock
By Selena Maranjian (TMF Selena)
November 4, 2005

A month or so ago, I wrote an article on penny stocks, advising readers, as I've often done, to consider steering clear. I received a thoughtful response from a reader and thought I'd share it with you. Jeffrey T. said:

"I found your Motley Fool article on penny stocks nearly right on the money ... however, not ALL penny stocks are scams. Take Plasticon International (OTCBB: PLNI), for example. They are a fledgling company utilizing recycled plastic to manufacture concrete building products such as rebar supports and, coming soon, plastic rebar. With the future rebuilding efforts after Hurricanes Rita and Katrina, alternatives to steel products will be sought. Add to this, the company has recently acquired a company specializing in concrete sealing. This product along with the rebar supports can easily add YEARS to the life of bridges and buildings, by reducing the amount of decay from environmental impacts and corrosion. I would like to see you do a follow up story to the one you recently wrote, and highlight that there do exist some DIAMONDS in the pile of shiny rocks as you so appropriately quoted!"

Jeff, your wish is my command. There surely are some diamonds in the pile of penny stocks -- I'll concede that point immediately. The problem is, they're not so easy to find, and I'm not even sure that you've found one in Plasticon.

Plasticon's green flags
Your email did make Plasticon sound quite enticing, so I tried to look up information on it. I struck out at my usual sources of quick data, such as our own Quotes and Data area and even Yahoo!'s offerings. The place where I found the most information was Plasticon's website. There, I learned that:

The firm is 17 years old.

Its "line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt. In addition, its transportation signage has received DOT approval or acceptance in all 50 states."

It has recently dramatically increased production capacity to $20 million in annual sales -- and up to $30 million, soon.

The market for rebar supports was $27 billion back in 1993, suggesting that there's plenty of money to be made if Plasticon's plastic rebar is accepted and purchased.

Plastic lumber sales in the United States are growing at 40% per year. I've seen plenty of plastic lumber and am impressed with it. Tom Gardner even recommended plastic lumber maker Trex (NYSE: TWP) in our Stock Advisor newsletter. (Though its stock has been having a bad year.)

A link to a profile of the company in a newspaper reported that the firm's products are used in all 50 states, and in more than 200 bridges across the nation, as well as elsewhere. Also, the firm has received patents valued at over $20 million and has an inventory of injection molds valued at over $10 million. (Inventory, like patents, isn't necessarily a good thing, unless it's put to good use.)

The firm is planning to buy back shares -- some 200 million to begin with -- which can boost the share price.
Plasticon's red flags
The only trouble is, despite all this information, I didn't see some of the info I was seeking. Specifically, I couldn't find:

Copies of quarterly and annual financial reports filed with the Securities and Exchange Commission (SEC).

Reports on just how much money the company has taken in in revenues over the past years and quarters, and how much it has kept as profits. (One press release listed on the company website had a headline that said "Plasticon Announces Company is Profitable as of Second Quarter 2005," but the link to the article was no longer working.)

Reports on the company's financial health. For example, how much debt does it have, and how much cash? Sometimes terrific companies crash because they can't service their debt or just don't have enough money to keep the machinery running long enough to make money.
This is pretty standard stuff for most publicly traded companies. For example, a quick trip to the website of Buffalo Wild Wings (Nasdaq: BWLD), a $225 million company recommended in our Hidden Gems newsletter a few months ago, offers links to annual reports and SEC filings, among other things. (Grab a painless free trial of Hidden Gems and see what other small, dynamic firms we've recommended.) It's the same with $650 million Rule Breakers recommendation Myriad Genetics (Nasdaq: MYGN), which is up some 14% since being featured a few months ago. (Try Rule Breakers for free and see the whole list of recommended stocks.)

There's other information I'd want before I'd consider investing in this firm, too. For example, who are its competitors and how are they doing?

Above all, I'm left wondering why the company, if it's doing so well, isn't offering any data on its financial health and performance for investors and would-be investors. One might argue that such details might be hidden so as not to inform competitors, but still ....

I tried one last resort. I called the Investor Relations contact person listed on the website. I thought I'd gotten the wrong number at first, though, because the call was answered by a Florida-based consulting company, which apparently handles investor relations issues for the Kentucky-based Plasticon. Regardless, I asked the fellow to send me the company's latest financial statements -- and was told he couldn't. He said they would be available in the near future, and that he'd send them to me. This was a week or two ago, and all I received was a press release announcing that "Plasticon Transfers Wholly Owned Inventory of Injection Molds to New Production Facility" and "Injection Molds Have Been Independently Valued at $10 Million." I even asked for past reports, while I wait for the latest ones. That went nowhere, too -- they simply weren't available.

In a nutshell
I've seen, read and heard enough about Plasticon now to make me not want to invest in it. This could end up being one of many investments and non-investments I regret later, but that's OK.

The company's market cap, or total market value, appears to be in the neighborhood of $15 million. That's pretty darn tiny. A simple, successful mom-and-pop store down the street might carry such a value. The stock price is a mere penny per share. If the firm is really doing so well, why are the stock price and market value so low?

I remain committed to my belief that most stocks valued at less than $5 per share carry such low prices for good reasons. These "penny stocks" tend to be volatile and are easy to manipulate and lose money on. Basically, I'd rather invest in firms with established and impressive track records and more transparent finances. If Plasticon one day offers more data on itself, I'll be happy to take a closer look, since the company and the industry are quite intriguing.

In the meantime, there are lots (and lots) of more established and exciting companies. Even Tootsie Roll (NYSE: TR) is compelling -- as W. D. Crotty explained recently. He pointed out that had you invested $1,000 in Tootsie Roll back in 1957, you'd have more than a million dollars now, as its average compound growth rate over the period topped 16%. Then there's Avon (NYSE: AVP), which as M. D. Mitchell explained, is growing slowly but surely and may grow much more, thanks to a presence in China. And Stock Advisor selection 7-Eleven (NYSE: SE), which recently reported sales up 17% and profits up a whopping 54%. See? Lots of promising candidates for investments -- and they all have financial statements ready for your examination.

So am I here to slam Plasticon? Not at all. I just don't know enough about it, even though I tried to learn -- which is the problem. If you know more than I do about Plasticon, as you well might, I invite you to share more information on our discussion board.

.
 
Posted by BuyTex on :
 
too long a rambling post...

what's the bottom line?
 
Posted by Chopper on :
 
Bottom line if Selena Maranjian would have written it Tex is: Plasticon needs to meet their deadlines and become Reporting and Transparent. Then I think she would write a story on a penny stock that is a diamond rather than coal.

[ November 23, 2005, 07:59: Message edited by: Chopper ]
 
Posted by ed19363 on :
 
The bottom line is that this person would not consider buying PLNI because it has not filed any financials. The very thing we have all been waiting for. It remains to be seen if we have all been fooled again by a penny stock that turns out to be a pump and dump, or if PLNI is real. They keep promising actions and not delivering, which is a baaaaad thing.

PS: all of the above are valid concerns.
 
Posted by state780 on :
 
geez, I missed that long rambling post by yellow sub, the child also known as best by design over at rb. Why a month-old post that concludes PLNI is a dangerous bet because it lacks financials would be posted here is beyond me. best/yellow sub is one who disputed early posts about the secret 5 billion a/s filing, claiming he had spoken to someone who promised an explanation the following Monday or Tuesday....still waiting.
 
Posted by g-invest on :
 
As forum posters we are required to say what we do with full faith and honesty in our words. We can be held liable if we are bashing or pumping or knowingly posting false information. Folks, we are held to a higher standard than Pink Sheet CEOs. It's time to bail out of these stocks like PLNI and QBID who have CEOs that promise audits and do not deliver. Do not stay in a dog, do not hold the bag. Get out and save what little money you do have.

This is the best advice I can offer. And unlike Pink Sheet CEOs, I say it with only the honesty and conviction a former penny stock investor can have. I highly encourage you to formulate your own message when you leave the Pink Sheet stocks for good, and post it for the others as well. There are plenty of reporting OTC BB companies out there that deserve your money more than these Pink Sheets ones that have the most dishonest and corrupt CEOs in the history of the world.
 
Posted by successinstock on :
 
it must be getting time to shine.

GLTA
 
Posted by OhhhYeah on :
 
lol
 
Posted by iwannaride00 on :
 
Thank you for watching our backs. We appreciate all you have done for us and understand the risks and rewards associated with Pink Sheet stocks.

It sounds as if you have made some very poor investment decisions that I hope you have learned from. PLNI is just the opposite as you predict. Yes they have missed shortsighted deadlines. Yes they are following thorugh with their game plan. Yes they are being quite so as not to screw the pooch as they have done many times in the past.

Buddy, this is a life changer. After December 05 you will NEVER see this stock at these levels again. Once all acquisitions are announced, audit is done (finally), OTC:BB is completed, you will see the PPS on this thing rise faster than my #### when it catches a stiff blonde breeze 8-)

Anyway you sell and go away. We don't need that negativity around here when we set sail.

Happy Thanksgiving!
 
Posted by BuyTex on :
 
yee- haw: check your cards, folks...

did they change while you went to the restroom?
 
Posted by iwannaride00 on :
 
State 780

I think the reasoin for that post was to rad how strongly MF'ers loved this stock EXCEPT for the facts mentioned.

What do you think they will write about when all their fears have been eliminated in PLNI?

I'm thinking BUY, BUY, BUY!

Happy Thanksgiving!
 
Posted by iwannaride00 on :
 
State 780 (with corrections)

I think the reason for that post was to read how strongly MF'ers loved this stock EXCEPT for the facts mentioned.

What do you think they will write about when all their fears have been eliminated in PLNI?

I'm thinking BUY, BUY, BUY!

Happy Thanksgiving!
 
Posted by rangers684 on :
 
Ready to fly. Next week will be fun!
 
Posted by greenman on :
 
Barchart.com opinions say SELL, only 20% say buy short term.

Also, looks like a Cross is coming in the next couple of days. Will that give PLNI a run?
 
Posted by BenHouston on :
 
I have 50,000 shares of PLNI average cost of .012, i am down, I am going to wait till mid december andd buy more more likely
 
Posted by Cygnast on :
 
Someone post something positive about this mess before the weekend please. I'm bleeding here.
 
Posted by imakmony2005 on :
 
Im in thats a positive.
 
Posted by iwannaride00 on :
 
Relax, next week should be a good one. I am sure Turek and all have been busy over the holiday weekend getting their act together.

Lets add it up:
Promold
Semco
Share Restructuring
Audit
OTC:BB listing
Contracts
etc...

In my mind that adds up to .20-.50 by years end. Not to mention 06 news...

Fingers crossed... belts tightened, ready for the green flag.
 
Posted by AgentGPF on :
 
.20-.50? That sounds very hopefull, but I certainly wouldn't boo anyone that got that lucky. I made $35 and got out, I still watch it though.
 
Posted by Dagger Depot on :
 
quote:
Originally posted by iwannaride00:
Relax, next week should be a good one. I am sure Turek and all have been busy over the holiday weekend getting their act together.

Lets add it up:
Promold
Semco
Share Restructuring
Audit
OTC:BB listing
Contracts
etc...

In my mind that adds up to .20-.50 by years end. Not to mention 06 news...

Fingers crossed... belts tightened, ready for the green flag.

You must be assuming they would put out a PR that would be solid. I sure like your positive thinking, but here we are weeks after the fact, and no PR yet. Today would have been the best day to do it.
 
Posted by BenHouston on :
 
I added 50,000 * .0073 today. I have all kinds of faith in this company however I am disapointed at lack of press releases.
 
Posted by iwannaride00 on :
 
Relax, you will be well rewarded.

If you don't like it sell. Simple...
 
Posted by Dagger Depot on :
 
quote:
Originally posted by iwannaride00:
Relax, you will be well rewarded.

If you don't like it sell. Simple...

I decided a long while back to ride this to the moon, or crash it into the ground. I'll hold until it does something. So far we've just been orbiting the planet. It does seem that we may have lost an engine however, and our headlights and dashboard lights have went out. So far we're flying quite a bit lower with no way of telling where we're headed or how fast we're headed there.

I'm just so tired of their PR policy's. Put them out if we have nothing to give them, but keep the good stuff secret.
 
Posted by DQ. on :
 
If no news is coming out soon...as I've said before, I wish it would fall back to the .003 area so I could load up on another million or so.
Next summer we will be up again with the (audit complete and moving to OTCBB news again)
 
Posted by state780 on :
 
quote:
Originally posted by DQ.:
If no news is coming out soon...as I've said before, I wish it would fall back to the .003 area so I could load up on another million or so.
Next summer we will be up again with the (audit complete and moving to OTCBB news again)

If no news comes out soon, you will get your wish and then some.

When people start talking about next summer as the rebound zone, you have a good representation of a PLNI catastrophe.
 
Posted by DevilDawg on :
 
I'm out. Can't the b*stard at least release a PR saying freakin good morning.
 
Posted by ed19363 on :
 
Hang on long enough, you could get to buy some at .0001.....LOL
 
Posted by Bottomliner on :
 
What's happening with PLNI lately? I was in and out a few months ago and continue to watch it periodically because I think it has good longterm potential. But lately I haven't heard much about it and the PPS reflects stagnation.

Can anyone give me a quick update on where PLNI stands today? I'm guessing everyone is waiting for pending news.

Good luck to everyone. If you believe in the company, have patience. Just my opinion.
 
Posted by Superbee383 on :
 
I wish I sold when I broke even, at the moment. Every day it just slips a little farther south. But I'm still holding. And I HOPE there is a PR soon! I still believe that the concept of their products are great!
 
Posted by BenHouston on :
 
GRRR PLNI release some news..
 
Posted by DQ. on :
 
Don't get me wrong here. I wouldn't mind it falling to get more shares but I certainly don't think we're having to wait till next summer for news or movement. I feel certain that news is near and the price is going up.
I just think they play the (audit is near completion and we're moving to BB) to get new investors. I have no idea when the audit news will be here...maybe never.
It will still move on news...good company..growing bigger all the time....Goooo PLNI.
 
Posted by iwannaride00 on :
 
This is why many don't play the pinks. It takes some balls to hang tough.

You got to know when to hold them and know when to fold them.
 
Posted by DQ. on :
 
I've held this for over a year and a half now. Don't know when I may ever sell. Most pinks are just a bunch of you know what but PLNI is a REAL company with REAL assets buying more REAL companies. The product is there....it's just up to PLNI to run it correct. The ball is fully in their hands as to where it goes.
Since Turek owns 70% I can only think that he wants the price up.
IT WILL be up.....just a matter of when. I only wish I had 10 or 20 times the amount I have now.
Gonna make us some sreious cash some day...just which day remains the big puzzle.
Good luck all, hang in tight.
 
Posted by iwannaride00 on :
 
DQ you hit the nail right on the head.

This Pink sheet stuff ain't for the faint hearted.
 
Posted by BuyTex on :
 
wtf are you guys talking about?

this *was* a great play: pinks can go as well as any.

You simply must not trust any FA-type data...ie, don't confuse a play with an investment...
 
Posted by DQ. on :
 
I see PLNI as an investment.
I'm sure it has many *plays* in it along the way
and that is great aslo.
 
Posted by Thorn on :
 
quote:
Originally posted by iwannaride00:
This is why many don't play the pinks. It takes some balls to hang tough.

You got to know when to hold them and know when to fold them.

Ok, I have to say something to this comment. It takes balls to sell and buy back later when it has dropped (since it's easy to think it will go up at any moment). It doesn't take balls to hold and go down with the ship. In fact, it's pretty easy to lose money. Sheesh!
 
Posted by Doctoall on :
 
Dropping like a rock this AM
 
Posted by cold_up_here on :
 
Something's coming........couldn't get a quote on TBLU today and now it's no longer Telco Blue Inc

coming up~ Table Trac Inc hmmmmmm....
 
Posted by Bearclaw on :
 
Cold...The symbol is TBLUE

quote:
Originally posted by cold_up_here:
Something's coming........couldn't get a quote on TBLU today and now it's no longer Telco Blue Inc

coming up~ Table Trac Inc hmmmmmm....


 
Posted by cold_up_here on :
 
My fault...forgot the 'E',thanks bear!
 
Posted by Bearclaw on :
 
Cold...There has been some slow accumulation lately...This happened right before Momo and his folks ran TBLU as a group play...Trading at .025 now...Also rumors of TBLU being a part of what's happening with PLNI...Good luck...

quote:
Originally posted by cold_up_here:
My fault...forgot the 'E',thanks bear!


 
Posted by cold_up_here on :
 
Anyone on the board have some extra cyanide that I could purchase?
 
Posted by mbmaid on :
 
A source close to PLNI just informed me to start buying. When I pressured, he said he could not let the cat out of the bag, but that it is something we have been waiting for.

I've added another 200k at .0062.
 
Posted by Doctoall on :
 
quote:
Originally posted by mbmaid:
A source close to PLNI just informed me to start buying. When I pressured, he said he could not let the cat out of the bag, but that it is something we have been waiting for.

I've added another 200k at .0062.

The cat is long gone [Big Grin]
 
Posted by successinstock on :
 
who's the source?

did he mention that this "something" would be soon?
 
Posted by Doctoall on :
 
quote:
Originally posted by successinstock:
who's the source?

did he mention that this "something" would be soon?

Maybe "Cat In The Hat" when we get a PR then that is creditable, until then it's just speculation.
 
Posted by Bearclaw on :
 
Hey MB...
Spill the beans buddy...What time frame did you understand something would happen...

quote:
Originally posted by mbmaid:
A source close to PLNI just informed me to start buying. When I pressured, he said he could not let the cat out of the bag, but that it is something we have been waiting for.

I've added another 200k at .0062.


 
Posted by cold_up_here on :
 
Also added more today....I promised myself years ago never in a million years to cost-average down again. Well, here I am doing just that! God I must be totally brain dead!! I will pay any amount, but will someone Pleeeaasseeee stab me with a knife! Bawhahahahahahahaha
 
Posted by Doctoall on :
 
The buys look like people are shaking their piggy banks [Big Grin] I also shook mine.
 
Posted by mbmaid on :
 
Here's the exact e-mail I got:

"******* just called said to buy more plni here. I asked why and he he said he was not able to let the cat out the bag."

This came from a friend with a PLNI connection, and it is credible, that is all I can say.
 
Posted by Bearclaw on :
 
Thanks MB...

quote:
Originally posted by mbmaid:
Here's the exact e-mail I got:

"******* just called said to buy more plni here. I asked why and he he said he was not able to let the cat out the bag."

This came from a friend with a PLNI connection, and it is credible, that is all I can say.


 
Posted by DQ. on :
 
Just mailed Scottrade more money today...I hope this cat doesn't get out of the bag to quick. Need my money to get there.
 
Posted by fast50gt on :
 
if that was the exact email sent to you, then how did the "it is something we've been waiting for" part come about?
 
Posted by ed19363 on :
 
That poor cat has used up 8 of his lives.
 
Posted by OhhhYeah on :
 
Between this and MOTG (MOTGE) I have everything tied up... I really hope at least one of these mofo's pop.
 
Posted by mbmaid on :
 
quote:
if that was the exact email sent to you, then how did the "it is something we've been waiting for" part come about
When I pressed, he added that. And that was it!
 
Posted by fast50gt on :
 
thanks for the reply. just trying to gather any details.
 
Posted by state780 on :
 
quote:
Originally posted by cold_up_here:
Anyone on the board have some extra cyanide that I could purchase?

No, but I find that throwing yourself under a freight train will work in a pinch.
 
Posted by JEMFinance on :
 
I've been a big fan of PLNI since it was at .0015 in april, I added at .003 rode it up, dumped at .007, added more at .007 and dumped the rest at .012. Jumped back in at .0055 recently and sold at .0074, I'm looking to add again if it drops below .006 again I was out of the office this week and missed the .0058 [Frown]

But before I add, which may be even in the .006's I'm going to wait for some sort of uptrend signal, the only reason I got in at .003 back in may was because of some post on RB that piqued my attention. Now I only play it on charts since I can never predict when Mr. Turek is going to release his news.
 
Posted by Doctoall on :
 
So what happened to the cat? Did someone tie the bag too tight? [Big Grin]
 
Posted by StockHunter on :
 
FYI, Plasticon amended their filing in Wyoming again on 11/21/05. I don't have a fax machine so I am relating what was said to me over the phone. Given the history of misinformation in PLNI related over the phone and then on to the BBs please feel free to verify(call 307-777-7311 and they can fax you a copy).

They amended the fourth article relating to capitalization to reflect the increase to 5 billion common shares (approved 10/13/05) and 100 million preferred shares (approved in April) for a total of 5 billion 100 million total shares.

It appears that all this does is reiterate the 100 million preferred shares that were not mentioned in the 10/13/05 filing. It clears up a question I had whether they could add a class of shares in one amendment and not have to mention them later, but still have those shares available to them. Hopefully this means they cannot do that, so it makes the job of keepiing tabs on them a tiny bit easier.

Since they can add to authorized shares at any time without any notice to shareholders, I would suggest anyone invested in the stock to bookmark this URL:

http://soswy.state.wy.us/Corp_Search_Main.asp

Enter "platicon" and look at the filings every day. It might be a good idea to also enter Telco Blue, since Turek moved its incorporation to Wyoming last year. Telco Blue is basically a shell traded on the OTC BB. Since he controls both and one is already on the OTC BB, he may try to use that entity as a shortcut or workaround for PLNI at some point.

The company is still stonewalling on the float and O/S issue. Pinksheets has been on their tail for weeks to give updated and accurate info, but to no avail. I suspect they will keep this up unless and until the SEC gets involved since Pinksheets has no regulatory authority. From msgs on the BBs, it appears Mapple is still telling people the float is 500 million. Given that the company is aware that BAC lied to investors about the a/s in the past and is still keeping them on, I would assume the company approves of the misinformation, if not actually directing it.

If the msgs on the BBs are to be believed, the company continues to talk to investors and lead people to believe fairy tales. Yet they don't have the time to put anything they say on the phone in writing (letter, PR, or email). Poor ethics, but good lawyers. They will continue to do this as long as there are enablers willing to play along. Sadly, the pinks are filled with wide-eyed enablers who view stocks the way most people view their local sports team.

The reiteration of the 100 million preferred may mean they are getting close to issuing those shares in a restructure or part of the SEMCO/ProMold deals. I've felt all along that the SEMCO folks would not sell for whatever cash Turek could raise "privately" alone. If we ever get the whole picture, I'd bet it includes a considerable amount of future dilution (in addition to the hundreds of millions they've already sold). Convertible preferred shares, warrants, and stock options will probably kick in on any significant advance in the stock. They may claim the deals are not dilutive because at .006/share today, warrants, preferred shares or options cannot be exercised. For the stock to grow to .05/share or more it would probably be prudent to assume the capitalization will be closer to 5 billion than 1.8 billion. A much bigger hurdle than the 1.4 billion (less retired shares) that was being implied 6 months ago.

Given their actions, it makes sense to expect a major change from the most recent info (500 million float, 1.8 billion o/s) when the truth comes out. They may keep quiet until they can announce a major restructure and financials. They could then bury investors in high expectation spin, and hope no one will notice they've been deceived regarding dilution and all the other issues.

GLTA
 
Posted by state780 on :
 
Super DD, Stock.

quote:
Pinksheets has been on their tail for weeks to give updated and accurate info, but to no avail.
That's interesting because in my one conversation with Matt Maguire at Big Apple, when I raised the issue of pinksheets showing something like 2 billion a/s instead of the 5 billion, he muttered something about PLNI not being responsible for information on other websites.... but that he'd look into correcting that (this after I noted that at least part of the pinksheets feed is embedded in the Plasticon website). I'm sure it was at the top of his to-do list.

Is he even still there? There's a new lad named Rodney that others have referenced, and I've not been able to establish if he's replaced or been added to Maguire. I'm not bothering calling myself because there were so many misleading statements and as far as I can determine some outright lies in my conversation with Maguire that I deemed it a waste of my time to try that outfit again (which is why all the info other posters on a variety of boards rely from Big Apple is close to useless, IMHO.)
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Super DD, Stock.


Is he even still there? There's a new lad named Rodney that others have referenced, and I've not been able to establish if he's replaced or been added to Maguire.

From BACs perspective it makes sense to rotate operatives over time. I have to believe I'm not the only one trying to get Matt to answer why he lied to me, or how he can be so blatantly ignorant on issues directly related to his area of supposed expertise. A new guy can say 'I can't speak for what someone supposedly said, but I can tell you that I know...' It makes their job a lot easier.

I love the way they disingenuously blame the BBs for all the bad information. Reminds me of the politician who enjoys the services of 'trailer trash' but labels them as 'not credible'.
 
Posted by iwannaride00 on :
 
You are both shorting this. Sorry to say your DD means nothing.
 
Posted by BuyTex on :
 
my take? Matt/Apple ran into a different share structure than HISC...

imho? instead of encouraging them to "bring biz up to snuff" ? DITCH 'EM...WiDESPREAD & HARD: let the lesson be learned that when they *need* shareholders to finance this stuff? Better play straight...

OTHERwise?

you're just another pink...
 
Posted by jibber39 on :
 
Ok, so after reading your post stockhunter, do you think that they are holding this quiet while we buy up shares to pay for these Acquisitions? IMO plni will keep selling shares and say nothing until the SEC gets on there back. Then turk will come out with the information, which will prob include some crap like a reverse stock split. People lieing, no information avaible, no PR and PPS dropping. Im sticking to plni but this is getting me more nearvous as the days go on. I smell a whole lot of rotten fish but i guess it looks like we are all still going to eat it.
 
Posted by StockHunter on :
 
quote:
Originally posted by jibber39:
Ok, so after reading your post stockhunter, do you think that they are holding this quiet while we buy up shares to pay for these Acquisitions? IMO plni will keep selling shares and say nothing until the SEC gets on there back.

IMO, we have already financed the acquisitions with all those purchases in Sept, Oct and early Nov. That's when WDCO and VFIN sold between 300-600 million shares. The sales accellerated in early Nov. and then stopped(from what I can read through the L2s). The timing corresponds to the planned closing dates for the acquisitions. It also corresponds to the time the SEC began to look into their actions and stock activity (from my conversations with them). So its also possible the sales stopped because they were being questioned by the regs. Unfortunately, without PRs and with them stonewalling on the float information, its very difficult to know what's going on for sure.

I think they're being quiet because they know they're being watched, and because the truth will expose them to further scrutiny(and possible lawsuits). I think the next PR we see from them will include most or all the major outstanding issues in one big lump. That means acquisitions, restructuring, management changes, possible name change/reverse merger/audit/OTC BB/etc... plus a healthy dose of spin so the enablers can help them cover up their questionable activities.
 
Posted by StockHunter on :
 
Can any long term holders shed some light on this information posted on SI board? It claims that James N. Turek (think its the son) filed for BK in 2002 and claims the creditors were to be paid $4.7 million from sales of PLNI stock. If this is true it could explain the unexplained increase from 1.4 billion to 1.8 billion shares. It also adds up to about the right amount of money from the WDCO and VFIN stock sales. If true, this would be a somewhat positive development, IMO. It would explain why someone issued virgin shares would dump at any price regardless of the company's prospects. Here's the post:

http://www.siliconinvestor.com/readmsg.aspx?msgid=21934779

From: the_worm06 12/1/2005 2:28:58 PM

$4.7 million

That is the amount of unsecured claims in the bankruptcy case for James Turek listed below. This from the Third Amended Reorganization Plan that is included in the public court documents.

It also states that Plasticon will issue treasury stock to satisfy the $4.7 million in unsecured claims. The stock will then be sold by the creditors.

Does anyone know the amount of PLNI stock that was issued by PLNI in order to satify these claims?

Has the PLNI stock been issued yet or is it planned to be issued in the near future?

FROM PACER:

U.S. Bankruptcy Court
Northern District of Florida (Panama City)
Bankruptcy Petition #: 02-20411-LMK

Assigned to: Judge Lewis M. Killian Jr.
Chapter 11
Previous chapter 11
Voluntary
Asset
Date Filed: 05/14/2002

JAMES N. TUREK
3166 CUSTER DRIVE
SUITE 303
LEXINGTON, KY 40517
SSN: xxx-xx-0382
Debtor represented by C. Edwin Rude, Jr.
C. Edwin Rude, Jr. Attorney at Law
211 E. Call Street
Tallahassee, FL 32301-7607
850-222-2311
Fax : 850-222-2120
Email: edrudelaw*earthlink.net

United States Trustee
110 E. Park Avenue
Suite 128
Tallahassee, FL 32301
850-521-5050
U.S. Trustee represented by Charles F. Edwards
Office of U.S. Trustee
110 East Park Avenue
Suite 128
Tallahassee, FL 32301
850-521-5050
Fax : 850-521-5055
Email: charles.edwards*usdoj.gov

02/23/2005 286 Third Amended Chapter 11 Plan As Restated Filed by Debtor JAMES N. TUREK (RE: related document(s)197 Chapter 11 Plan, ). (Attachments: # 1 Exhibit A# 2 Exhibit B# 3 Exhibit C)(Rude, C.) (Entered: 02/23/2005)
 
Posted by state780 on :
 
Fascinating, stock (also I have no idea).

Very sad about that wdco/vfin sale activity--because the ability to sell all those tens of millions of shares showed, after, strong interest in the stock.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Fascinating, stock (also I have no idea).

Very sad about that wdco/vfin sale activity--because the ability to sell all those tens of millions of shares showed, after, strong interest in the stock.

I hope someone did some DD back when this BK info hit and can share because my time is limited to keep investigating these guys. Just got my cell phone bill and it was huge. All the time spent talking to regs and others trying to get to the bottom of all this.

If the BK info is true it would make a lot of pieced fall into place. It would explain why a company that claimed it didn't need to sell stock for acquisitions would aggressively market the stock. They spent a lot of money and gave away a boatload of shares to raise that money through stock sales.

It is a shame so many people took a bath believing the company when they implied there would be no dilution when they said they wouldn't sell shares to finance acquisitions. The lawyers would point out that the company did not sell the shares directly (the creditors would have), so technically they would be correct. It would also explain why they won't release updated float information. The increase would require an explanation.

If I don't hear anything this morning guess I'll have to pay PACER and get the info myself. It still doesn't change my feelings regarding future dilution. They wouldn't have increased the a/s and added the preferred stock unless they planned on using it. I can't imagine SEMCO selling for cash only. They probably will have some sort of securities that will convert to common if the company does well (and put a big obstacle to our share appreciation).
 
Posted by StockHunter on :
 
Patience pays off. Scionist on SI board just posted the Turek Bankruptcy case (less exhibits/charts that add all the shares, but those may be coming). Thanks Scionist, you saved me a lot of time. Here's the link. Hit the "read replies" link in upper right corner to follow through the long document.

http://www.siliconinvestor.com/readmsg.aspx?msgid=21938104

There's a ton to go through here and walking back to the capital structure back in Wicklund days will take some DD, but bottom line is treasury shares were issued to pay for all this. Biggest chunk of creditors getting shares was for $4.7 million dollars. They say $1.5 million in debt gets 1.0 million shares, but those shares have been adjusted by splits and/or recap since then. They did an 8-1 split early 2004 and possibly other cap changes, so not sure how many of today's PLNI shares this adds up to.

There's also one creditor not included that is suing the company in a seperate suit. Here's the key paragraph:

Class 20: Unsecured Claims Of Debtor as Guarantor of Debts of
Wicklund and its Affiliates or as Co-Debtor/Defendant with Wicklund

This class consists of the claims of seven creditors holding claims in the amount of
$4,793,145.00. With the exception of the Finance Network LLC d/b/a Export Finance Bank
(hereinafter “Export Bank”), whose claim is based on litigation which is stayed as to Debtor and
which is pending as to Wicklund, these debts were created as a result of Debtor’s guaranty of
Wicklund obligations and Wicklund has agreed to the issuance of Wicklund Treasury Stock by
issuing shares numbering approximately two-thirds of the indebtedness owed each creditor (eg. a
$1,500,000.00 claim will receive 1,000,000 shares of Wicklund Stock). Upon confirmation of
Debtor’s Chapter 11 Plan of Reorganization, Wicklund, if not already issued, will issue stock to the creditors in this class and upon the issuance of same Debtor will be released from any liability to said creditors. Further, upon the sale of the Wicklund stock, any indebtedness of Wicklund to the creditors in this class will be deemed satisfied and paid in full. The distribution of stock to members of this class is in addition to any Wicklund stock previously given as security to a member of this class. A chart indicating said creditors and the amount of stock they are to receive is attached hereto
as Exhibit “C”.


I hope he's not hiding any other surprises (aka liabilities) from us.
 
Posted by state780 on :
 
very, very interesting. Thanks for all the work, Stock, I appreciate it.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
very, very interesting. Thanks for all the work, Stock, I appreciate it.

Really need to thank Scionist(and worm) at the SI board. They did all the heavy lifting. If I have the time I'll call my contact at the SEC and see what he thinks of all this. If nothing else I can find out if he uncovered this already on his own. He once called me back at 6:30pm from the office so I know he's not the usual gov't worker.
 
Posted by fast50gt on :
 
regarding the update on the shares filing, i think they just corrected turek's name spelling. the 100 mill preferred shares were there before when it was first discovered. the day it was discovered by posters, i actually downloaded the entire database (link right on the page) and found the 100 mill preferred share count listed in the database, just not on the info page everyone pulls up when doing the search.

not that it makes any difference, but the 100 mill preffered was there initially.
 
Posted by successinstock on :
 
this is getting very entertaining to say the least.

Should I get my popcorn?
 
Posted by Bearclaw on :
 
Already got mine...lots of salt and butter...makes the beer go down better...

quote:
Originally posted by successinstock:
this is getting very entertaining to say the least.

Should I get my popcorn?


 
Posted by cold_up_here on :
 
Geeeeezzz....what next? I would really hate to see a company with so much growth potential have their assests seized!! If I were in charge of the PR's, I would release anything of substance after the closing bell. About 4:01pm would be about right.
 
Posted by StockHunter on :
 
quote:
Originally posted by fast50gt:
regarding the update on the shares filing, i think they just corrected turek's name spelling. the 100 mill preferred shares were there before when it was first discovered. the day it was discovered by posters, i actually downloaded the entire database (link right on the page) and found the 100 mill preferred share count listed in the database, just not on the info page everyone pulls up when doing the search.

not that it makes any difference, but the 100 mill preffered was there initially.

I have a hard copy of the 10/13/05 filing and it left off the 100 million preferred. The woman who read the 11/21/05 filing on the phone listed both the 5 billion from 10/13 mtg. and the 100 million preferred from the april mtg. both on the same amendment form. I left a msg for them to update the form page to show both. Now it only shows the 5 billion.

What link did you use to download the entire db that showed the 100 million? I had to wait a day for them to dig up the hard copy. Even they couldn't bring it up on their screens. Right now I can only get as far as the one pager you get after hitting the CID # link.

If you are getting more than that off the webpage, please walk me through to the link so I don't have to bother them with digging up and faxing/reading off a hard copy. The docs I'm interested in have a header of "Articles of Amendment" and include 7 numbered points. The second one relates to capital structure.

thanks.
 
Posted by fast50gt on :
 
stockhunter -

on the main search page:
http://soswy.state.wy.us/Corp_Search_Main.asp

below the search button is a line that reads "You may also download the entire........." then the "Click Here" is a link to download the database. you need to have foxpro database software to open though. access will actually open a couple of the tables but not all.
 
Posted by fast50gt on :
 
and to save you time, i should also note that the download described above doesn't contain what you are looking for. teh only data in the download is what you see on the website search page results plus the 100 mill shares that for some reason don't appear. this data is for all companies submitting to Wyoming so can take a bit of time sorting through it all.
 
Posted by StockHunter on :
 
quote:
Originally posted by fast50gt:
and to save you time, i should also note that the download described above doesn't contain what you are looking for. teh only data in the download is what you see on the website search page results plus the 100 mill shares that for some reason don't appear. this data is for all companies submitting to Wyoming so can take a bit of time sorting through it all.

Thanks fast, Just downloaded the file (took 5 minutes for 41 megs - wow). Maybe there's some historical data of interest. If its more complete that is useful in itself. I'll leave figuring out how to open the data with what's on my machine for the weekend - little burned out with all the new stuff coming in today.

have a good weekend.
 
Posted by fast50gt on :
 
stockhunter, you as well. shoot me an email at 50racing*adelphia.net and if i get a chance, i'll download the latest and greatest db from the website and open in foxpro and then i should be able to save them all back to access format and email to you.
 
Posted by iwannaride00 on :
 
I think stockhunter and stae780 are paid to bash this stock. Amazing how they post so close to one another and they seem to agree on everything!

Wow, could they be brothers?, lovers? or the same person? hmmmmmmm

BTW your wasting your time looking at the BK info all old news.

And for or new investors and remiders to old. Two lessons we all need to remember when reading ahole posts like this...

Lesson 1: Remember, BASHERS NEVER Bash A BAD STOCK. Check the boards for stocks with no potential. They never have any Bashers. Bashers only go after stocks that are moving up or have excellent potential to do so. Bashers work to bring the price down to either increase their position at the expense of others or help a Short make their bones.

Lesson 2: BASHERS ALWAYS BRING UP OLD NEWS THAT YOU HAVE HEARD MANY TIMES. New startup companies always have a few bits of bad news. The Basher will post this over and over again. Unsophisticated Bashers will try to freshen up old news with a new date or by-line in an attempt to fool you.
 
Posted by iwannaride00 on :
 
Either they "get it" and are trying to get our shares cheaper. Or they are just idiots totally unaware of how business works.

I guess it could be both.
 
Posted by fast50gt on :
 
stockhunter, nope, no historical data either. i spent 2 hours searching through teh data to only find what's on the search results plus the 100 mill shares.
 
Posted by Bearclaw on :
 
Success...
Time for another batch of popcorn?

And the hits keep coming!!!
 
Posted by cold_up_here on :
 
Just some info to break-up the BS today......

CirTran's Iehab Hawatmeh Commends and Joins Blasting of 'Naked Shorting' by Overstock.com President
Business Wire - December 01, 2005 08:15

SALT LAKE CITY, Dec 01, 2005 (BUSINESS WIRE) -- Iehab J. Hawatmeh, founder and president of CirTran Corp. (OTCBB: CIRT), an international full-service contract manufacturer of IT, consumer and consumer electronics products, today commended and joined with the president of Overstock.com (NASDAQ: OSTK) in his public condemnation of "naked shorting."

"I am delighted to stand shoulder-to-shoulder here in Salt Lake or any place else with Overstock.com President Patrick Byrne in this very important matter," Hawatmeh said, commenting on Byrne's statement yesterday at a public forum on "naked short selling" conducted by the North American Securities Administrators Association (NASAA).

In his statement, Byrne called naked short selling "a growing problem within the securities markets. The Depository Trust & Clearing Corp. admits that 'failures to deliver' are as high as $6 billion per day. This is an incredible number," Byrne said.

'As Mad as Hell ...'

Hawatmeh concurred and underscored Byrne's anger and frustration with the practice.

"In 1976, the late Peter Finch, as anchorman Howard Beale, won an Academy Award for his performance in 'Network' in which he made his famous 'I'm as mad as hell and I'm not going to take it any more' speech," Hawatmeh said.

"I'd like to think that Mr. Byrne and I are 21st century versions of Howard Beale, and we too are 'as mad as hell' ... about naked short selling," Hawatmeh said. "It isn't fair, it isn't legal, and it's hurting honest, hard-working investors at the expense of scoundrels."

An Illegal Practice

Naked short selling, or naked shorting, is an illegal practice of selling shares that have not been affirmatively determined to exist. Ordinarily, traders must borrow a stock, or determine that it can be borrowed, before they sell it short. However, some investors and hedge funds have taken advantage of loopholes in the rules to sell shares without making any attempt to borrow the stock.

The Securities and Exchange Commission addressed this practice two years ago, on Oct. 29, 2003, by implementing a new rule to ban naked shorting in order to protect thinly traded stocks that are vulnerable to aggressive short selling which would cause the stock price to fall.
 
Posted by state780 on :
 
stock, fast, again, well done.
 
Posted by state780 on :
 
by the way, cold, thanks for the extra entertainment, but personally I don't think naked shorting has anything to do with the current pps collapse. IMHO it's a combination of two things--the massive selling as chronicled by stock, by WDCO and VFIN, and a perfectly rational market reaction to not only a lack of news but a lack of explicitly promised news.

GLTA
 
Posted by molson_ice1 on :
 
PLNI 10 days on NakedShort list:

http://www.nakedshortlist.com/selectbysymbol.html#P
 
Posted by Chopper on :
 
They were shorted in the beginning of the year. No signs of it on the SHO list since then. But you never know with pinks. Welcome to the badlands.

Symbol Security Name Market Date
PLNI PLASTICON INTL INC Other OTC Friday, February 18, 2005
PLNI PLASTICON INTL INC Other OTC Thursday, February 17, 2005
PLNI PLASTICON INTL INC Other OTC Wednesday, February 16, 2005
PLNI PLASTICON INTL INC Other OTC Tuesday, February 15, 2005
PLNI PLASTICON INTL INC Other OTC Monday, February 14, 2005
PLNI PLASTICON INTL INC Other OTC Thursday, January 13, 2005
PLNI PLASTICON INTL INC Other OTC Wednesday, January 12, 2005
PLNI PLASTICON INTL INC Other OTC Tuesday, January 11, 2005
PLNI PLASTICON INTL INC Other OTC Monday, January 10, 2005
PLNI PLASTICON INTL INC Other OTC Friday, January 07, 2005
 
Posted by iwannaride00 on :
 
Chop, I wouldn't put it past some of these aholes to change the dates to intentionally mislead people into selling. I think that's against SEC regulations if I am right.
 
Posted by Chopper on :
 
I really hadn't thought of that. You could very well be right iwannaride. Any blatent fraudulant info is against the SEC rules, however most skirt the law by a thin margin.

quote:
Originally posted by iwannaride00:
Chop, I wouldn't put it past some of these aholes to change the dates to intentionally mislead people into selling. I think that's against SEC regulations if I am right.


 
Posted by molson_ice1 on :
 
To all, I apologize for re-posting the inaccurate information regarding PLNI being on the SHO list. It was obviously outdated information and I will refrain from doing so in the future. I just got excited about the next month or 2 for PLNI.
 
Posted by BuyTex on :
 
quote:
Originally posted by molson_ice1:
To all, I apologize for re-posting the inaccurate information regarding PLNI being on the SHO list. It was obviously outdated information and I will refrain from doing so in the future. I just got excited about the next month or 2 for PLNI.

good post
 
Posted by StockHunter on :
 
quote:
Originally posted by fast50gt:
stockhunter, nope, no historical data either. i spent 2 hours searching through teh data to only find what's on the search results plus the 100 mill shares.

Thanks fast. No need to dig further. I'll keep checking WY each day to see if they pop another amendment on us.

The last two meetings (That's JT and his fax machine) occurred on April 11th and October 11th, exactly 6 months apart. If we're still waiting for information next April 11th it would be a good idea to check the WY SOS on that day.
 
Posted by Bearclaw on :
 
Molson...
At a boy...good job man...Any Molson Gold around...damn good beer!!!


quote:
Originally posted by molson_ice1:
To all, I apologize for re-posting the inaccurate information regarding PLNI being on the SHO list. It was obviously outdated information and I will refrain from doing so in the future. I just got excited about the next month or 2 for PLNI.


 
Posted by StockHunter on :
 
FYI, Pinksheets will be reporting short interest starting sometime next year(within 5 months). I talked with Liz Heese at Pinksheets about this. She said it is a done deal and the comment period is being used to look at ways to accelerate the start date (yeah!). She said the biggest revelation for most pink investors will be just how little naked shorting is going on. I agreed. It seems everyone wants to blame the MMs or some naked shorter every time their dream stock drops a tick. Naked shorting can be seriously abused and is a problem in some stocks, but its not a common problem.

As anyone who's read my posts knows, I'm not the cheerleading type, but for this one I have to say "Three Cheers for Transparancy! Hip, Hip HOORAY!"

http://www.pinksheets.com/about/pr_110705.jsp

Short Interest Reporting in Pink Sheets Securities Coming Soon!

New York, NY, November 7, 2005 -- On Thursday, November 4, 2005, the SEC published for comment a proposed rule change to amend NASD Rule 3360 to expand the short interest reporting requirements to over-the-counter (‘‘OTC’’) equity securities, including securities quoted on the Pink Sheets. The full text of the proposed rule change is available in the Federal Register or online at: http://www.smartpdf.com/register/2005/Nov/03/66875A.pdf.

In January 2005, Pink Sheets petitioned the SEC to cause the amendment of NASD Rule 3360 (http://sec.gov/rules/petitions/petn4-500.pdf). Under the current rule, NASD members are only required to maintain such records and make reports regarding securities included in listed on Nasdaq or on a national securities exchange. This excludes OTC equity securities, thereby denying investors and the markets for these instruments the protections of transparency and regulatory oversight provided by Rule 3360.

NASD will announce the effective date of the proposed rule change in a Notice to Members to be published no later than 60 days following Commission approval. In recognition of the technological and systems changes the proposed rule change may require, the effective date will be 90 days following publication of the Notice to Members announcing Commission approval.

Additional Information:
Pink Sheets LLC
304 Hudson Street, 2nd Floor
New York, NY 10013
212-896-4420
Liz Heese, Issuer Services
 
Posted by molson_ice1 on :
 
Bear-Buy and all! I have learned a lot by reading these boards. I realize that the value of these boards lies in the integrity and validity of each and every post. After I posted that I looked and found out it was outdated. Hence my apology! While I am a rookie I "feel" that PLNI is a "must buy" right now.

All the molson you want! And a free tour of the factory as well...
 
Posted by StockHunter on :
 
quote:
Originally posted by molson_ice1:
Bear-Buy and all! I have learned a lot by reading these boards. I realize that the value of these boards lies in the integrity and validity of each and every post. After I posted that I looked and found out it was outdated. Hence my apology! While I am a rookie I "feel" that PLNI is a "must buy" right now.

All the molson you want! And a free tour of the factory as well...

Molson, If everyone thought that responsibly these boards would be much better. Thanks for the correction.

For the most part, these boards are like the bargain basement bins in those big department stores. Most of the stuff is defective or out of date, but if you're willing to dig through the pile you can find some real gems.
 
Posted by state780 on :
 
Interesting pink-sheet shorting notes, Stock. The more transparency the better, yes. But I also agree with the woman who thinks many will be surprised how little of that manipulation goes on. I've dabbled in pinks off and on for a few years, and seen pps rise and fall on rumors. The fall (so far) of PLNI is probably the most rational walkdown I've witnessed.

Three cheers for Molson as well.
 
Posted by molson_ice1 on :
 
Thanks Stock! While I am a rookie I realize that the ocean I am swimming in is full of sharks. Like you said, the gems lie in the deep stuff.

PLNI is the only soap opera that I watch and I believe this thing is going to win an Emmy!

Just too much good stuff going for it.... DOT approval in all 50 states is one of those things!

Thanks to all the good people here with good intentions!
 
Posted by successinstock on :
 
i agree iwanna...it is either great timing or maybe something entirely different....

what do you suppose the agenda is?
 
Posted by the_worm06 on :
 
StockHunter and state780

very fair and reasonable posting today

regards,

the_worm06
 
Posted by StockHunter on :
 
quote:
Originally posted by the_worm06:
StockHunter and state780

very fair and reasonable posting today

regards,

the_worm06

Thanks worm and welcome aboard. Good DD on the BK info. You and scionist saved me a lot of work by posting it at SI before I dug it out of PACER. BTW, is there going to be a new board formed every day over at SI? That's the problem with a moderated forum. The moderators get the "let me call the plays or I'll take my ball and go home" mentality. Over here you can just scroll down past the nonsense if you don't like it.

I hope more people come over here where you don't have to click a link to read every one line post. RB and SI are maddeningly slow to read at times.
 
Posted by molson_ice1 on :
 
Stock- You seem like an even keeled man. Let me get your honest thoughts on PLNI.

Thanks!
 
Posted by bond006 on :
 
Hi evrybody still have my small position left just letting it ride nice to see the interest is still here with good dd spendin most of my time with pbls alittle more transparent same pink stuff it makes life interesting glta
 
Posted by the_worm06 on :
 
StockHunter

Do some research on Tradeway Consulting Inc.

See what you come up with.

regards,

the_worm06
 
Posted by successinstock on :
 
molson i think you have me mixed up with someone else or are just entirely mixed up.
 
Posted by cold_up_here on :
 
I tell'ya, the man upstairs really has it in for me!! Your going to love this one guys......

Dear Customer:

We are contacting you to inform you that Scottrade has experienced a data security issue with the eCheck Secure service. Our records indicate that you have used eCheck Secure for the purpose of electronically moving funds from your bank to Scottrade.
On October 25,2005(and ya,I just received this today)Troy Group Inc.,the provider of the eCheck Secure service, reported to us that a computer hacker had compromised its eCheck Secure servers. As a result,some of your personal information, including your name,driver's licence or state ID numbers, DOB, phone #'s, bank name, bank code, bank number, bank routing number, bank account & Scottrade #'s may have been compromised. Your Social Security number may have been compromised as well.
We don't know whether the hacker has accessed and/or used any of your personal information. However,Troy has notified us that it has blocked further unauthorized access to the information. Troy has filed a report with the FBI and is investigating in conjunction with a forensic analysis firm that it has retained. Scottrade has also contacted the FBI on this matter, and has a dedicated team to work on this issue and our customers who may have been affected.

This goes alot deeper than just this breach of security!! I also have my many legal contacts and found out some more disturbing info....Since this past summer, a group of hackers have been hacking into brokerage accounts. Some have hacked in and totally liquidated the users stock funds! I was informed to make sure that I check my account daily. Keep in mind, brokerage accounts in general are being targeted. Keep a close watch on your account(s).
Be my luck alright, some idiot would break into my account and sell-off my PLNI shares for around
.0065 in the morning hours and by the closing bell the PPS will be * 4 cents!!
 
Posted by Madge on :
 
[QUOTE]Originally posted by cold_up_here:
[QB] I tell'ya, the man upstairs really has it in for me!! Your going to love this one guys......

Cold,
I have a friend (yes one) who recently received something similar from Citizens Bank. I do not know your background, but this is a common ploy. If they asked you to go to a website to check the status...BEWARE. No legitamate company asks by email for a customer to provide any information (i.e acct #, SSN, or other personal info). In my friends case they asked him to go to the website and enter some info for them to verify he had recieved the notice. The page looked legit but the link in the email was to a site something like "CITIZENSBANK.C0M" note the subtle difference w/ the legitamate site "CITIZENSBANK.COM" (C-zero-M vs C-oh-M. If this doesn't apply but it is a good public service announcement anyway.
 
Posted by Madge on :
 
You can also tell fake sites by the lack of command of the English language..legitamate vs legitimate as in my case [Smile]
 
Posted by Stock Jockey on :
 
I got the same letter in the mail from Scottrade. They have asked all their clients to call the local broker or a National Scottrade number to change your account number and get a new password.

quote:
Originally posted by Madge:
[QUOTE]Originally posted by cold_up_here:
[QB] I tell'ya, the man upstairs really has it in for me!! Your going to love this one guys......

Cold,
I have a friend (yes one) who recently received something similar from Citizens Bank. I do not know your background, but this is a common ploy. If they asked you to go to a website to check the status...BEWARE. No legitamate company asks by email for a customer to provide any information (i.e acct #, SSN, or other personal info). In my friends case they asked him to go to the website and enter some info for them to verify he had recieved the notice. The page looked legit but the link in the email was to a site something like "CITIZENSBANK.C0M" note the subtle difference w/ the legitamate site "CITIZENSBANK.COM" (C-zero-M vs C-oh-M. If this doesn't apply but it is a good public service announcement anyway.


 
Posted by jibber39 on :
 
Stock and state, you guys were talking alot about the past with the shares and the filings. Does that affect what is going on now or going to happen? What is your call?
 
Posted by iwannaride00 on :
 
Their call is doom and gloom based on outdated incorrect information. It borders on slanderous.

All is in place ready to go. if you decide to wait based on those bozo's inept and incorrect information you'll end up chasing this.

Mark this post as the next week or so willl tell all.
 
Posted by state780 on :
 
quote:
Originally posted by jibber39:
Stock and state, you guys were talking alot about the past with the shares and the filings. Does that affect what is going on now or going to happen? What is your call?

Who knows! It's a classic pink-stock crapshoot. It's the kind of thing that was to be behind us after the transparency represented by completion of the audit and filing for the OTCBB.

No one would be happier than me if, as claimed in a recent post citing a conversation with PLNI IR guy Bill Howe, a Happy Christmastime Blizzard of PRs come out by Dec. 31 including confirmation of the unconfirmed Promold and Semco acquisitions, not to mention an explanation of the secret 5 billion a/s filing and, of course, audit completion. It is possible that these things will happen, because anything is possible, including at least temporarily good outcomes for pink sheet stocks.

But the record speaks for itself, and it is pathetic. It is the record, and not alleged bashing or most precious of all shorting the stock, that has driven the pps down--month after month of broken pledges, followed by new pledges and then more broken pledges. The price decline is admirably rational.

As recently as a month and a half ago, I posted that it was inconceivable to me that PLNI wouldn't complete the Semco and ProMold deals on time with quick public confirmation because the company had already earned a reputation for breaking promises, and knew it. But the dates slipped by, and no formal news followed--only claims by Maguire and Howe over the phone. The market judged these claims to be inadequate, partly because the market in this case has a memory.

That and the rest of the company's sorry history since I bought in last May points to at least three possibilities: Incompetence; some kind of outright scam; or a gaming of the system that you can get away with on the pinks but that, in the mind of a Turek, might somehow be justified.

I am satisifed that PLNI is a real company that makes real products; it's not that kind of classic pinksheet shell scam. Incompetence is a definite possibility--no CEO of sy an AMEX or full NASDAQ company could get away with promising a major acquisition on a specific date without formal confirmation, or a surprise more-than-doubling of authorized shares, without facing demands from the financial press, stockholders, and eventually even the SEC for an explanation. Turek obviously isn't accustomed to playing in that league, and it shows.

What scionist and others have unearthed, as patched over here by stock, could meet the third possibility, a gaming of the system that Turek may not think isn't kosher (or may not care what others think). Again, if a company whose stock was traded on an exchange signed an agreement to settle a private (or separate?) bankruptcy with the distribution of shares, he'd have to explain it justify it, etc.

Was the massive share sell of WDCO and VFIN identified by Stockhunter the result of such action? Again, we can't say, but it would explain much--including, as stock acutely notes, the fact that PLNI could honestly say it kept its promise to not dilute value by creating more shares.

"If that's all there is," then it's certainly possible that a squad of positive PRs confirming positive news could spike the price up again. But PlNI has generated so much bad will that it will have to be all good and no fluff, I believe. At this point I don't think the promold and semco acquisitions would do all that much by themselves(and forget about bad will--without the audit, you don't know how they're financed, etc.). But I could be wrong, it's just a guess.

If you're the optimistic type and have money you're willing to lose, buying at the current level isn't a bad gamble. It's a pinksheet stock, after all, and successful confirmed acquisitions, a plausible explanation of the secret 5 billion a/s filing and of course the audit could easily double pps from the current level. That would still leave me and a lot of other overly optimisitic Spring 2005 buyers a little underwater. At some point up there, I would in all likelihood try to get out. There has to be a wall at .014 or thereabouts (that's where I'm averaged) that'll be hard to scale.

This is all just my opinion, I am hardly an expert.

And if PLNI (and its fans) resent educated speculations, they only have PLNI itself to blame; there are hard facts in the possession of PLNI and honestly, guys, we're ready to see them in all their glory.
 
Posted by the_worm06 on :
 
SAVE THIS POSt


iwannaride00
Member


Member Rated:
posted December 04, 2005 08:37 PM
--------------------------------------------------------------------------------
Their call is doom and gloom based on outdated incorrect information. It borders on slanderous.

All is in place ready to go. if you decide to wait based on those bozo's inept and incorrect information you'll end up chasing this.

Mark this post as the next week or so willl tell all.

--------------------
Borders, Language, Culture,
Get it?
 
Posted by U4TSAF2 on :
 
.018

SHARE BUYBACKS.

I TALKED TO JIM AND HE'S HONEST.

WE HAVE THIS LARGE DISTRIBUTOR.

WHEN THE AUDIT IS DONE, IT'LL SHOW IT ALL AND THE PRICE WILL SKYROCKET.

WE BOUGHT THIS FACILITY.

WE MERGED WITH THAT AND IT'S COMPLETED.

OUR PRODUCTION IS UP 10-BILLION %

OUR APPRIASAL HAS US WORTH $20-MILLION JUST IN EQUIPTMENT.

.0064
 
Posted by state780 on :
 
Ah, U4TSAF2.... The good times.
 
Posted by successinstock on :
 
I received an email response from Green Baron on a variety of questions I posed to them last week.

I asked them if they had any webcasts scheduled for this month.
GB stated: "Yes, we are planning to conduct another webcast interview with Jim Turek and Bill Howe very shortly. We hope to have it available this week."

I also asked them to comment on if they are still holding shares in PLNI or have sold.

GB stated: "Evergreen Marketing does not comment on its current holdings of PLNI, but we do plan on continued investment in shares of PLNI and helping the company locate funding. Due to the fact that Evergreen may continue to invest in share of PLNI, we must reserve commentary to press releases and arranging webcast interviews at this time."

I asked them several other questions that they did not answer.

I believe that GB is still holding shares of PLNI and believe that PLNI will succeed. If they didn't want to comment to my email they would just have chose to ignore it or not comment on that question.

Also, I spotted that they said "....and helping the company locate funding."...

I never asked them anything about funding.

Good luck all.


all imo.
 
Posted by state780 on :
 
thanks, success. looking pretty bleak today.
 
Posted by jibber39 on :
 
Thanks for the post state, I hope to see some green also, in 1 mil at .0101. Im looking to at least break even here. I might start to sell off a little to free up some money for other trades that are moving. Either way, go PLNI....

Hope for the best
 
Posted by Dagger Depot on :
 
It probably makes more sense to wait on PR's until after the new year. This will keep the PPS lower for tax purposes.
 
Posted by maumee river rat on :
 
quote:
Originally posted by state780:
Ah, U4TSAF2.... The good times.

hehehehe Horton hears a WHO!!!!!! hehehe
 
Posted by cold_up_here on :
 
If you hurry cold, you may still be able to pick some up in the .018-.019 area...your GTC order for .009 will never fill. God I'm having a flash-back!!

Looks as if us dumbies(yes it includes myself)that are averaged in above .01 are SOL! Be lucky to see us back to 1 cent by mid-summer '06'. Told you guys when I bought back in that I was bad luck! Now you know what I meant. Bawhahahahahahahaha

BTW- What ever happened to the "Old America"? Where a simple hand shake would suffice. Now at ever corner your met with corruption and greed!
 
Posted by hopefultrader on :
 
Does anyone remember when or who posted the differences between board requirements? I've been trying to find the post and keep coming up empty. Any help would be greatly appreciated.
 
Posted by the_worm06 on :
 
A Question for jmhollen.......................................................


How many PLNI common stock shares do you currently own?

thanks
 
Posted by cold_up_here on :
 
Just doesn't make sense...drop by for a quick bawhahahahahaha & the PPS pops up. I'm confused!!
 
Posted by state780 on :
 
quote:
Originally posted by cold_up_here:
Just doesn't make sense...drop by for a quick bawhahahahahaha & the PPS pops up. I'm confused!!

It's the old Cold Effect. We miss that

I post the following from rb from "lskywalker0"

quote:
1. Rodney replaced Matt Maguire as Matt became to busy with IR duties as he is a VP of the B-APPLE

2. Business with PLNI is going as planned and he could not comment on why the silence

3. Promold and SEMCO PR's will be out before 2006

4. He IS expecting the Audit by years end as well

5. Green Baron Webcast: NO idea but will call me back

6. Also expects share buyback PR before 2006

7. Referred me to the HISC filing delays and the difficulties
in filing per SOX and PLNI is on track. Whatever!

8. He spoke to Judy Painter of PLNI and believes he remembers here talking about a new office for JT as he wanted to be closer to the WIP end of production for 2006.

Overall, I found Rodney to be very responsive and a bit more patient than Matt as well as easier to speak with without the rushing attitude.

Luke

Who knows. I did suspect Maguire was out of the loop. Good.
 
Posted by state780 on :
 
sorry, my set-up wasn't clear. The poster I just excerpted called Big Apple and talked to Rodney.
 
Posted by cold_up_here on :
 
Thanks state...Might be a 1,2,3 punch coming from Plasticon shortly! The 3rd punch would be the K.O.
I'd pay good $$$ to see these constant bashers chase this stock into the 3 cent+ range!!
 
Posted by the_worm06 on :
 
It looks like Mr. McGuire has landed on the HISC account...look at their recent press releases.

You might also want to take a look at the recent SB-2 filed by HISC with the SEC regarding the sale of tens of millions of freely trading shares by several entities including Apple and its affilliates.....

The HISC stock price will be heading towards new lows.....

was someone comparing PLNI to HISC?


quote:
Originally posted by state780:
quote:
Originally posted by cold_up_here:
Just doesn't make sense...drop by for a quick bawhahahahahaha & the PPS pops up. I'm confused!!

It's the old Cold Effect. We miss that

I post the following from rb from "lskywalker0"

quote:
1. Rodney replaced Matt Maguire as Matt became to busy with IR duties as he is a VP of the B-APPLE

2. Business with PLNI is going as planned and he could not comment on why the silence

3. Promold and SEMCO PR's will be out before 2006

4. He IS expecting the Audit by years end as well

5. Green Baron Webcast: NO idea but will call me back

6. Also expects share buyback PR before 2006

7. Referred me to the HISC filing delays and the difficulties
in filing per SOX and PLNI is on track. Whatever!

8. He spoke to Judy Painter of PLNI and believes he remembers here talking about a new office for JT as he wanted to be closer to the WIP end of production for 2006.

Overall, I found Rodney to be very responsive and a bit more patient than Matt as well as easier to speak with without the rushing attitude.

Luke

Who knows. I did suspect Maguire was out of the loop. Good.


 
Posted by the_worm06 on :
 
It is only a matter of time before a REVERSE SPLIT is effected by PLNI
 
Posted by successinstock on :
 
worm in the (m)apple... sorry couldn't resist.

you get around alot of boards you little worm.....

Sorry you can't have my shares....keep bashing...maybe someone else will shake em for you.
 
Posted by the_worm06 on :
 
successinstock

at this point, I don't think anyone would want your shares...

you will ride them down to $0.001 and below

good luck to you

regards,

the_worm06


quote:
Originally posted by successinstock:
worm in the (m)apple... sorry couldn't resist.

you get around alot of boards you little worm.....

Sorry you can't have my shares....keep bashing...maybe someone else will shake em for you.


 
Posted by iwannaride00 on :
 
quote:
Originally posted by successinstock:
i agree iwanna...it is either great timing or maybe something entirely different....

what do you suppose the agenda is?

The agenda is obvious for our esteemed bashers. Drive the price down by pretending to do conciencious DD and keep brining up bad information that the longs have to discredit time after time.

They depend on flooding a board with this dis-information hoping that longs will give up and they win. Just like the media today with Iraq. keep telling everybody we can't win when the opposite is true.

remember perception is reality. These sewer boards are no different. It's like Alice in freakin' wonderland here. Things aren't what they seem.
 
Posted by iwannaride00 on :
 
quote:
Originally posted by the_worm06:
successinstock

at this point, I don't think anyone would want your shares...

you will ride them down to $0.001 and below

good luck to you

regards,

the_worm06


quote:
Originally posted by successinstock:
worm in the (m)apple... sorry couldn't resist.

you get around alot of boards you little worm.....

Sorry you can't have my shares....keep bashing...maybe someone else will shake em for you.


How many times have you called the company?
Have you spoken with Turek?
have you spojken with Howe?
have you spoken with MAPPLE?

I can tell from your posts that the answers are
No
No
and
No

Why hang out on a sub penny stock board continually bashing this? you have NO POSITION here.

All your doing is what you bosses in the boiler room tell you. Now move along your a pathetic loser and this is gonna rock whether your here or not.

I have talked off line with many other longs, spoken with PLNI MANAGEMENT and done my own DD.

9M shares speak of my decision to back this venture.

So lets see... my 9M shares to your 0 shares. hmmm

your a loser.
 
Posted by the_worm06 on :
 
iwannaride

so you have 9 million PLNI shares?

tell us, how many does jmhollen aka bestbydesign have?

do you know that he has been selling millions upon millions upon millions of PLNI common shares into the market during the last 6 months - while at the same time pumping and hyping PLNI, telling everyone to buy at the dips?


quote:
Originally posted by iwannaride00:
quote:
Originally posted by the_worm06:
successinstock

at this point, I don't think anyone would want your shares...

you will ride them down to $0.001 and below

good luck to you

regards,

the_worm06


quote:
Originally posted by successinstock:
worm in the (m)apple... sorry couldn't resist.

you get around alot of boards you little worm.....

Sorry you can't have my shares....keep bashing...maybe someone else will shake em for you.


How many times have you called the company?
Have you spoken with Turek?
have you spojken with Howe?
have you spoken with MAPPLE?

I can tell from your posts that the answers are
No
No
and
No

Why hang out on a sub penny stock board continually bashing this? you have NO POSITION here.

All your doing is what you bosses in the boiler room tell you. Now move along your a pathetic loser and this is gonna rock whether your here or not.

I have talked off line with many other longs, spoken with PLNI MANAGEMENT and done my own DD.

9M shares speak of my decision to back this venture.

So lets see... my 9M shares to your 0 shares. hmmm

your a loser.


 
Posted by successinstock on :
 
why r u so hung up on what jhollen has/does....you sound like a scorned lover...

r u?
 
Posted by successinstock on :
 
and if bbd has been dumping shares, how do you know that for fact?
 
Posted by the_worm06 on :
 
so how do you feel knowing that jmhollen/bestbydesign has been dumping millions upon millions upon millions of PLNI shares while you were taking his advice and buying them?


quote:
Originally posted by successinstock:
and if bbd has been dumping shares, how do you know that for fact?


 
Posted by state780 on :
 
Guys, if we're going to import these long pointless vendettas into a relatively sane board, at least stop doing these long quotes. Makes it much harder to read the board.
 
Posted by Bearclaw on :
 
This guy sounds like ShortsInTheSand from Raging Bull...He must be expanding his Bull Sheet to all that will listen...He has an agenda with JM...Just consider the source...

...
quote:
Originally posted by the_worm06:
so how do you feel knowing that jmhollen/bestbydesign has been dumping millions upon millions upon millions of PLNI shares while you were taking his advice and buying them?


quote:
Originally posted by successinstock:
and if bbd has been dumping shares, how do you know that for fact?



 
Posted by successinstock on :
 
last post to worm...

you seem to like asking the questions and not answering them.

...I don't give a rip if JH/BBD/ or whoever else he is (i believe yellowsubmarine or something like that on this board) buys, sells, bashes, pumps PLNI or any other stock he has.

I bought this stock based on my DD and MY actions not from the actions of others....

Grow up and get some help. IMO you have some sort of problem with this JH fella.....seriously get some help.

Go ahead and spin this and others posts as you see fit. I know you cannot resist. I wish you luck and I hope you find what you are looking for.
 
Posted by the_worm06 on :
 
Sorry bud, this is the_worm06, not shortsinthesand


quote:
Originally posted by Bearclaw:
This guy sounds like ShortsInTheSand from Raging Bull...He must be expanding his Bull Sheet to all that will listen...He has an agenda with JM...Just consider the source...

...
quote:
Originally posted by the_worm06:
so how do you feel knowing that jmhollen/bestbydesign has been dumping millions upon millions upon millions of PLNI shares while you were taking his advice and buying them?


quote:
Originally posted by successinstock:
and if bbd has been dumping shares, how do you know that for fact?




 
Posted by the_worm06 on :
 
succesinstock

thank you for your post.

why don't you tell us what is it about PLNI that you like.


quote:
Originally posted by successinstock:
last post to worm...

you seem to like asking the questions and not answering them.

...I don't give a rip if JH/BBD/ or whoever else he is (i believe yellowsubmarine or something like that on this board) buys, sells, bashes, pumps PLNI or any other stock he has.

I bought this stock based on my DD and MY actions not from the actions of others....

Grow up and get some help. IMO you have some sort of problem with this JH fella.....seriously get some help.

Go ahead and spin this and others posts as you see fit. I know you cannot resist. I wish you luck and I hope you find what you are looking for.


 
Posted by Bearclaw on :
 
Hey worm...( shortsuphisass )...
Go back to RB where everyone has put you on Iggy (ignore)...Worthless...POS
 
Posted by DQ. on :
 
I have another order in at .005 for 500,000 shares. Do you think we'll get there???
Time to drop or rise....get off the sideways.
 
Posted by directorX on :
 
Has anyone seen a business plan for PLNI?
 
Posted by the_worm06 on :
 
Bearclaw

so everybody has me on ignore on RB?

gee..that is funny, because I don't post on RB...

now

what do you think about the millions of PLNI shares that jmhollen/bestbydesign has been selling into the market the last 6 months?


quote:
Originally posted by Bearclaw:
Hey worm...( shortsuphisass )...
Go back to RB where everyone has put you on Iggy (ignore)...Worthless...POS


 
Posted by Bearclaw on :
 
Worm...(sheetsinhispants)...
You have a personal beef with best...You need to take it off the thread here...Take it outside...

quote:
Originally posted by the_worm06:
Bearclaw

so everybody has me on ignore on RB?

gee..that is funny, because I don't post on RB...

now

what do you think about the millions of PLNI shares that jmhollen/bestbydesign has been selling into the market the last 6 months?


quote:
Originally posted by Bearclaw:
Hey worm...( shortsuphisass )...
Go back to RB where everyone has put you on Iggy (ignore)...Worthless...POS



 
Posted by the_worm06 on :
 
Bearclaw

So you don't think it is important for the shareholders of PLNI to know that the main promoter of PLNI, who has been pumping and hyping the stock and urging investors to buy more PLNI shars at the dips has actually been selling millions of PLNI shares into the market while he was hyping PLNI?

what does this tell you about what the main supporter of PLNI thinks about PLNI's business and where the stock price is heading?


quote:
Originally posted by Bearclaw:
Worm...(sheetsinhispants)...
You have a personal beef with best...You need to take it off the thread here...Take it outside...

quote:
Originally posted by the_worm06:
Bearclaw

so everybody has me on ignore on RB?

gee..that is funny, because I don't post on RB...

now

what do you think about the millions of PLNI shares that jmhollen/bestbydesign has been selling into the market the last 6 months?


quote:
Originally posted by Bearclaw:
Hey worm...( shortsuphisass )...
Go back to RB where everyone has put you on Iggy (ignore)...Worthless...POS




 
Posted by DQ. on :
 
I don't give a crap about a main supporter...I'm a main supporter and I'm not selling....I'm trying to buy more.
 
Posted by Bearclaw on :
 
Worm...( sheetsonhishead )

You've had 8 posts on AS. No one knows you here. Why should we buy anything you say nevermind badmouthing Best who I don't know either...Don't give a rats azzzzz...

Your agenda is obvious and it was taken from another site and brought here. You have provided no proof and no one gives a sheet about your vendetta...
Take it outside azzhole...
 
Posted by the_worm06 on :
 
bearclaw....

why don't you tell us why you like PLNI

thanks


quote:
Originally posted by Bearclaw:
Worm...( sheetsonhishead )

You've had 8 posts on AS. No one knows you here. Why should we buy anything you say nevermind badmouthing Best who I don't know either...Don't give a rats azzzzz...

Your agenda is obvious and it was taken from another site and brought here. You have provided no proof and no one gives a sheet about your vendetta...
Take it outside azzhole...


 
Posted by the_worm06 on :
 
DQ

what do you mean that you are "trying" to buy more?

either you buy more or you don't


So you are a main supporter of PLNI?

please tell us why you like PLNI.

thanks


quote:
Originally posted by DQ.:
I don't give a crap about a main supporter...I'm a main supporter and I'm not selling....I'm trying to buy more.


 
Posted by Bearclaw on :
 
Do some DD and read the posts...You'll figure out why...
 
Posted by the_worm06 on :
 
this poster admits to receiving insider information from PLNI management


By: rrm_bn4u
07 Dec 2005, 01:56 PM EST
Msg. 24775 of 24809
(This msg. is a reply to 24770 by ex_pressman.)
Jump to msg. #

The reason the company talks to us is because we DO NOT voilate their trust. I will accept your apology after all is revealed and then put you on ignore forever ex-pressman.

rrm
 
Posted by the_worm06 on :
 
this poster that is receiving inside information from PLNI admits that the company if preparing a document to file with the SEC that will register PLNI common shares to be freely trading and sold into the market


By: rrm_bn4u
07 Dec 2005, 02:24 PM EST
Msg. 24791 of 24811
(This msg. is a reply to 24785 by kempoma.)
Jump to msg. #
There are 48 people who know that I try to make a daily contribution to PLNI knowledge. You are not part of that group. There is a reason for that.

Why would I call LL Bradford? I already know that the registration is proceeding by the numbers. Why whine about it? I've stated here that the registration is proceeding... but you wnat more PROOF. Just what PROOF would you consider acceptable? A PR? A call? The only PROOF is the SEC registration itself, and it can't be provided until it is submitted. UNDERSTAND!!!!!!!!!!!!!

rrm
 
Posted by the_worm06 on :
 
this same poster was asked to keep the insider information confidential for a week by PLNI management




By: rrm_bn4u
07 Dec 2005, 02:38 PM EST
Msg. 24803 of 24821
(This msg. is a reply to 24802 by kempoma.)
Jump to msg. #

I was asked to keep it confidential for a week... GET IT?
 
Posted by Stock Jockey on :
 
worm, why are you here?
If we needed the voice of reason Mr. State and Stockhunter do more than an adequate job at giving us the the breakdown on the negatives. Do you currently hold any position?
I believe your other paid bashing screen name stillatim is saying enough useless tripe on the RB without breaking the peace on AS. You can't hold a candle to State and Stockhunter. Take your crying and grudge to someone who gives a sheet. Your FIRED, Basher!
 
Posted by the_worm06 on :
 
Do some research on the_worm06.

then

come back and see if you can still make the same accusations

by the way...I don't post on RB

regards

the_worm06


quote:
Originally posted by Stock Jockey:
worm, why are you here?
If we needed the voice of reason Mr. State and Stockhunter do more than an adequate job at giving us the the breakdown on the negatives. Do you currently hold any position?
I believe your other paid bashing screen name stillatim is saying enough useless tripe on the RB without breaking the peace on AS. You can't hold a candle to State and Stockhunter. Take your crying and grudge to someone who gives a sheet. Your FIRED, Basher!


 
Posted by the_worm06 on :
 
Telcoblue files false statements with the SEC

http://www.secinfo.com/d18jvt.zb.htm


Telcoblue is controlled by James Turek, the CEO of PLNI.


see if you can find the false statements.


If you couldn't find the false statements, then compare the Telcoblue SEC filing with this one by World Air Holdings, Inc

http://www.secinfo.com/dsVsf.zBgj.htm
 
Posted by Bearclaw on :
 
Did this a couple weeks ago...
 
Posted by Stock Jockey on :
 
Ok Done my research on the_worm06...
Intresting find. This came from the Silicon Investor and I thought you said you don't post on RB? I really don't know why you are here. You did not answer any of my orginal questions but make more accusations. Why don't you just point out the so called false statements there wormy and cut to the chase. And while your at it, answer the original questions I asked earlier.


By: BMPEsquire $$$
Reply To: 13874 by the_worm06 Tuesday, 1 Aug 2000 at 2:34 PM EDT
Post #13893 of 13943


NO APOLOGY TO THE_WORM06

I possess a copy of the Complaint filed 2/14/00 in Third District Court for Salt Lake County, State of Utah, Civil No. 000901274, styled Talk Visual Corporation, a Nevada Corporation, v. John Doe, aka WORM 06, filed by Mark O. Van Wagoner.

In that case, a subpoena dated 2/17/00 was filed and addressed to "Keeper of the Records, Raging Bull, Inc." commanding Raging Bull to produce, at the offices of Bingham Dana LLP, documents "sufficient to identify that name(s), address(es), and telephone number(s) of all person(s) registered with Raging Bull, Inc. under the alias of "the_worm06."

That is you, Mr. Villasensor, as you slyly admit by posting under your known alias, "the_worm06."

This is encompassed within the litigation I described as being conducted by Mr. Van Wagoner for Talk Visual and its Chairman, Mr. Zwebner. Mr. Zwebner's own post here confirms this fact.

Thus, no false statement.

Thus, no apology.
 
Posted by the_worm06 on :
 
Stock Jockey

Interesting that you copied a 5 year old post on Raging Bull.

Like I said, I don't post on RB.

I did, however, post in year 2000 on RB.

The posted message by BMPEsquire was followed by COMPLETE apology to me by the same poster, who happened to be the attorney for a scam company run by Allen Wolfson's nephew. Allen Wolfson is currently serving time in jail for fraud and money laundering.

Regarding the false statements by James Turek's telcoblue in their 10-Q NT that was filed with the SEC...the false statements are in the text, since the text was copied directly from the 10-Q NT of a separate company, World Air Holdings, Inc., including operating income figures of $20-$24 million.

World Air Holdings, Inc

http://www.secinfo.com/dsVsf.zBgj.htm

take a look at both 10-Q NT's
 
Posted by Bearclaw on :
 
Stock Jockey...

Good post...Makes me wonder...Now this may be a stretch but...

The Feds...Elliot Ness and the boys, are investigating Momo right now...He screwed a new investor out of his hard earned cash...surprise, surprise...

Wonder if the worm is aka. Momo trying to bash TBLU to get the PPS down...Momo ran TBLU several months ago as a group play and left a lot of folks out in the cold...Momo also tends to pezzzz poeple off with the same arrogant attitude as this guy...He comes on a site and stirs sheet up with the same technique...Maybe just attended the same Azzhole State University as Momo...Smells familiar...What you think Stock?
 
Posted by the_worm06 on :
 
bearclaw....

why don't you tell us why you like PLNI

thanks


quote:
Originally posted by Bearclaw:
Stock Jockey...

Good post...Makes me wonder...Now this may be a stretch but...

The Feds...Elliot Ness and the boys, are investigating Momo right now...He screwed a new investor out of his hard earned cash...surprise, surprise...

Wonder if the worm is aka. Momo trying to bash TBLU to get the PPS down...Momo ran TBLU several months ago as a group play and left a lot of folks out in the cold...Momo also tends to pezzzz poeple off with the same arrogant attitude as this guy...He comes on a site and stirs sheet up with the same technique...Maybe just attended the same Azzhole State University as Momo...Smells familiar...What you think Stock?


 
Posted by state780 on :
 
Ok worm, you've had your day and btw you've posted this stuff all over the internet....I just heard a knocking on my door and I think you just posted it there too.

this particular allstocks thread has a good signal-to-noise ratio, including earlier references by stockhunter to some potentially interesting information. But all you're doing now is dragging repetitive information here and transplanting a flame war. We don't need it here. Please take it elsehwere; it's not like you lack for forums.
 
Posted by state780 on :
 
sorry, meant to say "including earlier references by stockhunter to some potentially interesting information offered by you.

We catch your drift.
 
Posted by Bearclaw on :
 
Hey Worm, Sheetsinhisarse, Momo, Scam Artist, RunsfromElliotNess, Lexcartel...or whatever you are...

I LIKE THIS STOCK BECAUSE YOUR BASHING IT!!!!
How's that...???? I know your game...

Hey Chopper...you around? How about posting that Momo scam explaination you have? Thanks buddy...
 
Posted by Stock Jockey on :
 
wormy,
You didn't answer the questions at all. I read both NT 10q's and there are No false or misleading statements in either.
Start answering the questions, your motives are Highly Suspect and boardering defamation.
 
Posted by DOG GUIDE on :
 
[QUOTE]Originally posted by the_worm06:
[QB] Do some research on the_worm06.

then

come back and see if you can still make the same accusations

by the way...I don't post on RB

regards

the_worm06
[QUOTE]

Interesting stuff when you google your name.
 
Posted by Chopper on :
 
Well I'll be.... Slimey Wormmy making the rounds on the entire Internet. hahahahaha What's the matter basher? The troops get bored with your rambling over on all the other threads?
Very intresting you would bash Mr. Turek so hard... Trying to pick up some cheepie weak handed shares for you and your gang?
Funny stuff there State. I think your right... the worm seems to be on a door to door grass roots Bashing campaign.
If it smells like a mumu boy, it may very well be a mumu. Good Work and Good Call Bear..
Hey Jockey Keep it up boy, I've been too busy just chukling.
Do yourself a favor and get lost from this thread worm before we put you and your kind on Fear Factor as the main course.
 
Posted by StockHunter on :
 
I broke down and called Rodney at Big Apple today. I had a long list of detailed questions regarding the company and BACs relationship, plus how they get the info they distribute. I didn't get far down the list before realizing he knew even less than Matt. When asked about the share structure he told me the authorized was 2 Billion, plus the old and inaccurate float and o/s info on pinksheets. He said all his information comes from public documents released by the company -- PRs. Said anything else would be insider info. They don't do any DD on thier own.

When asked if he communicates with Matt, he confirmed he does and that they work together. He said he never heard from Matt or anyone else that a/s was 5.0 billion. Those of you who have discussed this with them must be wondering if they listen when we speak.

Could not get satisfactory answers to why my written questions get ignored and/or funneled to BAC. He said its company policy not to put anything in writing. I wanted them to put some of the information I believed to be incorrect in writing to force the point on accuracy (this goes for JT, BH and BAC). He said written communications could be posted somewhere out of context and give the wrong impression. I had to keep from laughing at that. These pinks thrive on feeding inuendo and inaccurate numbers by phone and letting the enablers post what they thought(or wanted to) hear on the BBs. Given his claim that they give out nothing but previously released info from PRs and filings, it looks like there's been a lot of creative interpretation going on on the BBs.

He thanked me for updating him on the share structure and said he would pass my request for an immediate Pinksheet update and a PR detailing share structure to JT and BH. I emailed him a link to access WY SOS filing info. Future callers should get the right a/s #s.

There were too many things I had to explain to him for my comfort. He was not even aware the company claimed the acquisitions were not dilutive to shareholders. I don't want to be too hard on him. After all, he's fairly new to PLNI, they have many other clients and Plasticon has issued a gazillion PRs on each acquisition and not all mention the non-dilution. Perhaps I've fallen for the trap often assumed on these BBs of believing they represent the company. They are there to read PRs, explain technical details to neophite investors, and run interference. Anything else is just idle chatter.

FWIW, another BAC company -- HISC, filed an SB2 this week. It shows they pay BAC $75,000 worth of stock each month, based on a 10 day moving average taken monthly. If thier contract with PLNI is similar that would equate to about 40 million shares for a 6 month contract.
 
Posted by Chopper on :
 
Thanks for the update Stockhunter...
Although it wasn't to much more, at least you help bring solid info to the table.
Thank you once again for your always solid efforts. GLTY
 
Posted by state780 on :
 
quote:
He thanked me for updating him on the share structure and said he would pass my request for an immediate Pinksheet update and a PR detailing share structure to JT and BH.[/QB]
Thanks for doing the call, Stock. As for the above, that's pretty funny because I called Matt within days of the secret 5 billion a/s info being discussed on this board, and mentioned the misleading info on pinksheets. Matt told me first that the company wasn't responsible for info "on other websites," and when I pointed out part of the Pinksheets.com info is posted inside the Plasticon site, he said he'd "look into it." Must still be looking.

Oy vey.
 
Posted by StockHunter on :
 
Look for the share structure to be updated tomorrow morning on Pinksheets. Turns out I could have saved the phone call to BAC. Previous efforts finally getting results. O/S, float and number of shareholders should hit tomorrow morning. The numbers come through the filter of JT, not direct from the transfer agent as would be preferred, but they didn't allow Pinksheets direct access. A/S coming from WY SOS docs, may or may not hit tomorrow. We already know that's 5B w/100M pfd.

Maybe now the myth that WDCO and VFIN shares didn't come from the company can be put to rest.
 
Posted by Bearclaw on :
 
This site's getting entertaining. Must be something in the wind...Could just be impatience...or...
 
Posted by StockHunter on :
 
BTW, the A/S info on Pinksheets does not include preferred shares so if they update it to 5 Billion, do not assume the preferred shares have gone away.
 
Posted by successinstock on :
 
stock this just in.....


PLNI -- Plasticon International, Inc.
Com (5 Cents)

Address:
3166 Custer Dr.
Suite 101
Lexington, KY 40517
USA


Website: http://www.plasticonintl.com
Phone: 859-245-5252
Fax: 859-245-5105

Business Description: Not Available

State of Incorporation: WY
Year of Incorporation 1981

Officers:
James Turek, Pres. & CEO

Fiscal Year End: December 31

Outstanding Shares: 2,300,000,000 as of 2005-12-07

Estimated Market Cap: 14.72M as of 2005-12-06 (based on Outstanding Shares as of 2005-12-07)
Authorized Shares: 5,000,000,000 as of 2005-11-21
Float: 690,000,000 as of 2005-12-07
Number of Shareholders of Record: 5,000 as of 2005-12-07

Current Capital Change:
shs increased by 8 for 1 split
Ex-Date: 2004-02-11
Record Date: 2004-01-30
Pay Date: 2004-02-10

Dividends:

Company Notes:
Formerly=Wicklund Petroleum Corp. to 3-87
Formerly=Wicklund Holding Co. until 9-04

Class Notes:
New Issue=5-81 5,000,000 shs at $1 (best efforts-3,000,000 min.) by Fitzgerald, DeArman & Roberts, Inc.

Transfer Agent:
First American Stock Transfer, Phoenix, AZ 85022-6642


http://www.pinksheets.com/quote/company_profile.jsp?symbol=PLNI
 
Posted by rangers684 on :
 
2,300,000,000 !!!!!!!!!!!!!!!!!!!!!!!!!!!1
 
Posted by rangers684 on :
 
DAMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMMM
 
Posted by successinstock on :
 
this is what was posted yesterday on pink sheets....

PLNI -- Plasticon International, Inc.
Com (5 Cents)

Address:
3166 Custer Dr.
Suite 101
Lexington, KY 40517
USA

Website: http://www.plasticonintl.com
Phone: 859-245-5252
Fax: 859-245-5105

Business Description: Not Available

State of Incorporation: WY
Year of Incorporation 1981

Officers:
James Turek, Pres. & CEO

Fiscal Year End: December 31

Outstanding Shares: 1,800,000,000 as of 2005-09-01

Estimated Market Cap: Not Available
Authorized Shares: 2,000,000,000 as of 2004-11-15
Float: 500,000,000 as of 2005-09-01
Number of Shareholders of Record: 3,800 as of 2005-09-01


Current Capital Change:
shs increased by 8 for 1 split
Ex-Date: 2004-02-11
Record Date: 2004-01-30
Pay Date: 2004-02-10

Dividends:

Company Notes:
Formerly=Wicklund Petroleum Corp. to 3-87
Formerly=Wicklund Holding Co. until 9-04


Class Notes:
New Issue=5-81 5,000,000 shs at $1 (best efforts-3,000,000 min.) by Fitzgerald, DeArman & Roberts, Inc.


Transfer Agent:
First American Stock Transfer, Phoenix, AZ 85022-6642
 
Posted by successinstock on :
 
so....

increase from 1.8B to 2.3B o/s.....increase of 500M shares...

increase in float from 500M to 690M....increase of 190M.

hmmmm....any comments?
 
Posted by iwannaride00 on :
 
Save it wormhole.

quote:
Originally posted by the_worm06:
SAVE THIS POSt


iwannaride00
Member


Member Rated:
posted December 04, 2005 08:37 PM
--------------------------------------------------------------------------------
Their call is doom and gloom based on outdated incorrect information. It borders on slanderous.

All is in place ready to go. if you decide to wait based on those bozo's inept and incorrect information you'll end up chasing this.

Mark this post as the next week or so willl tell all.

--------------------
Borders, Language, Culture,
Get it?


 
Posted by will on :
 
O/S diluted by 27.7%
Float diluted by 38%
 
Posted by StockHunter on :
 
quote:
Originally posted by successinstock:
so....

increase from 1.8B to 2.3B o/s.....increase of 500M shares...

increase in float from 500M to 690M....increase of 190M.

hmmmm....any comments?

I was estimating WDCO and VFIN sold between 300 - 600 million shares from sept thru mid nov. so the 2.3 B makes sense(500 million). I think JT lowballed the float. Probably closer to 1 billion, IMO. These numbers do not come directly from the transfer agent and JT did not give up the authorized, that came from Pinksheets after they were pointed to the WY filings.

Now if outstanding, float and number of shareholders increases as the stock goes down they need to answer why they aggressively tried to give the impression they were not diluting the stock. Clearly, they did just that. The talk of retirement and even future buybacks makes this all the more unacceptable.

I would hope investors, especially those who have direct access to JT and BH, would make the effort to demand they answer for their actions. Its easy to brush off one or two investors, but a chorus gets harder to ignore.
 
Posted by successinstock on :
 
stock...

i would like to believe that insiders were not selling ...or at least explain the reason why they did...

just makes it more difficult when the company has been silent.
 
Posted by state780 on :
 
Excellent forensic stockology, stock. CSI: Stockhunter.

What chain of reasoning leads you to conclude that JT lowballed the float so much? Sounds like the wdco/wfin shares you estimate track very nicely with the increase.

Wouldn't take exception if you're saying that based on PLNI's shall we say weak attachment to investor relations... but I'm curious if you have something else in mind as well.

thanks to success for the info.
 
Posted by Bearclaw on :
 
Stockhunter and State...
I got to give it to you. You guys predicted these numbers. I hate getting hoodwinked...but...I sure did this time...Well, I usually don't make it through the week without being wrong about something...damn...and this is only Wednesday...

Success...Thanks for digging up the current numbers...and thanks for the e-mail;...Take care folks and tomorrows another day..
 
Posted by state780 on :
 
Thanks, bear, but all credit (not that this is cause for celebration) goes to Stock. I've just been looking at all the theories and his seemed based on educated non-paranoid inference.
 
Posted by successinstock on :
 
so what do we do from here?...just wait to see what all of this means?....i guess we are counting on PLNI to tell us....soon?
 
Posted by state780 on :
 
quote:
Originally posted by successinstock:
so what do we do from here?...just wait to see what all of this means?....i guess we are counting on PLNI to tell us....soon?

For starters with a stock we can buy or sell or hold. Having lost more than 50% of my initial investment here, I'm greedy enough to hope I can make at least some of this back so will hold for a bit.

Stock makes a good point about investors demanding an explanation, but I don't know if Turek & co. actually respond to outside stimuli. I can't tell if it's arrogance or stupidity. I really meant it when I said five or six weeks ago that it was inconceivable that PLNI wouldn't quickly, officially confirm the promold and semco acquisitions after repeatedly announcing the closing dates for weeks, because otherwise it would damage the pps. But the dates passed, nothing official was stated, and here we are struggling to stay above .006!

I am terrible at predictions, but tomorrow could be interesting unless PLNI puts out a pre-market PR 1. explaining all of this 2. With positive news. In a normal world confirmation of dilution would hurt the pps absent countervailing info. I was about to write "Turek has to know this" but I'm no longer sure what he must know, and if he does know, whether he cares. I don't say that out of (too much) malice, just based on the track record.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Excellent forensic stockology, stock. CSI: Stockhunter.

What chain of reasoning leads you to conclude that JT lowballed the float so much? Sounds like the wdco/wfin shares you estimate track very nicely with the increase.

Wouldn't take exception if you're saying that based on PLNI's shall we say weak attachment to investor relations... but I'm curious if you have something else in mind as well.

thanks to success for the info.

Never watched CSI, but if it involves solving riddles then I'd probably enjoy it. At least on TV uncovering the truth doesn't cost me money like here.

As to the float, if WDCO/VFIN sold 500 million for the company then both the O/S and float should increase by the same amount. The float only went up by 190 million. If the float were accurate then there would be 310M newly issued shares unaccounted for. I'm sure WDCO/VFIN sold more than 190M and had estimated 300-600 million. The low end of my estimate was based on the possibility of duped trades. My gut feel is that duped trades don't account for as much volume as they used to during my MM days, so 500M sounds right.

I've had many conversations regarding this company over the past couple months that have helped shape my opinions. My suspicion regarding the float is based on first on logic, but also my opinion shaped by these conversations.

Success, I do not believe company insiders sold shares. I've felt all along that the shares were sold to finance their needs. This is not a total sham company by any means. That's what makes this so difficult to sift through. I think the insiders want to hold stock and expect its value to grow. The problem is that when we buy shares that the company sells our stock goes down, plus we get diluted. When they acquire shares, they can protect their position.

The a/s went up by 2 billion as the o/s went up by 500 million. One way they could have done this without hurting their position is by issuing 70% (1.4 billion shares) to themselves leaving 600 million to finance their operations. Their position stays the same and they finance the company on our backs. Not saying this is exactly what happened, but its one way they could do it while still showing they believe in their company.

I suspect even the insiders agreed to have their position diluted, but for the advantage of getting ProMold and Semco. IMO, we will find that the Sem's will hold a stake in this company through some sort of convertible securities - warrants, options, preferred stock -- that will kick in as the company grows and finish converting the rest of those 5 billion shares. Its hard to believe they'd sell such a promising combo without participating in its synergies.
 
Posted by StockHunter on :
 
quote:
Originally posted by successinstock:
so what do we do from here?...just wait to see what all of this means?....i guess we are counting on PLNI to tell us....soon?

We are ulitmately responsible for how our investment pans out. The company will not offer explanations unless/until it suits their needs. They may have already sold all the stock they need to and no longer will need to care much about the current pps.

The SEC will not automatically involve themselves in this. While I have discussed this with them I have no idea how much time and effort they will put into a pink. The more investors who file complaints the greater the chance they will investigate. This increases the pressure on the company to become more transparent. They won't want to be on the wrong side of the SEC just as they're putting together their company.

The next step is really up to us. Contact the SEC and let the company know they need to clear the air now or more people will do the same. Do nothing, and nothing will change.

GLTA.
 
Posted by bond006 on :
 
Stosk Hunter,State780, and Successinstock nice work guys you have pretty much proved what many of us thought I wish all your work would have went to a diferent cause but is is good to know where you are at for the good or the bad maybe something good will come of this but we don't know glta.
 
Posted by mbmaid on :
 
Okay, couldn't turn down this price. I just backed up the truck for another 500000 shares. I feel good about my position now, ahving averaged way down with this buy. my only concern is a RS, but IMHO, we'll see some major announcements before that is up for discussion.

GLTA.
 
Posted by DQ. on :
 
Well GURU'S...do you think it's time to buy more or do you think it will get to .004??
 
Posted by johnny14511 on :
 
is their going to be r/s in this stock if so when?
 
Posted by trainsite on :
 
...and the "Worst CEO of the Year Award" goes to... (drum roll...)

Well, in pinkyland, it may be a 1000-way tie, but what do I know? lol

[ December 08, 2005, 12:14: Message edited by: trainsite ]
 
Posted by cold_up_here on :
 
The increase to the o/s could be to pay for that Sarbanes-Oxley crapola. Most companys at this stage would have done a R/S by now so those companys can dilute all over again with no concern for retail shareholders. On that one subject, I will give Turek & company some major brownie-points!

mbmaid~ I hope that updated pinksheet info wasn't what your contact was referring too.
 
Posted by cold_up_here on :
 
additionally, don't forget about the purchase of several delivery vehicles last month! This will add tremendous shareholder value going forward.....

http://www.wsu.edu/~426hemi/img/truck2.jpg
 
Posted by BuyTex on :
 
weird to see cold on the other side of the fence, lol. . .

Stockhunter, great post--enjoyed your take on the situation and wise counsel re SEC...
 
Posted by DQ. on :
 
any L2's on this please.
 
Posted by johnny14511 on :
 
go to

otcbb.com

type symbol

click depth/l2

its freeeeeee
 
Posted by DQ. on :
 
thanks
 
Posted by Thorn on :
 
quote:
Originally posted by BuyTex:
weird to see cold on the other side of the fence, lol. . .

Scary actually. I'm staying away from this one until he shapes up. [Big Grin]
 
Posted by will on :
 
Volume - 90,970,494, were WDCO and VFIN selling all day again? Just high volume because of the news?
 
Posted by mbmaid on :
 
From RB: Seems like today's action was a sell-off on rumour:

i just got off the phone with bill howe. ok her goes...according to bill there has been no increase to the as...sice he has been with the company 9 months...i also asked about the gag order from the sec...there is none...i asked why no pr's in the last week i said you guys bought semco and promold why no pr's about them...he said that the they aren't puttting out pr to support the pps...( not his words)...

he told me they will address the pink sheet data monday...i told him that it would of been nice to at least let it's shares holders that they are still alive...

they are waiting for the audit ..so are we....lol
i hope he's answer rrm e-mail so we can get it in writing
 
Posted by state780 on :
 
As I said over at RB, if there's been no increase in the a/s for 9 months, what the heck was that 5 billion filing about in October?

Pathetic.
 
Posted by state780 on :
 
and mb maid, don't kid yourself about this selloff being based on a rumor. I wish!
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
As I said over at RB, if there's been no increase in the a/s for 9 months, what the heck was that 5 billion filing about in October?

Pathetic.

Not to mention the increase to 3 billion plus 100 million preferred in April. Maybe its a matter of translation. He could have said "there hasn't been a single increase in 9 months", which would be true, since there were two. I wonder if the RB poster is the same one who promised a PR explaining the 5 billion share surprise. That never materialized. The RB posters name and history are needed to handicap the credibility of the claim.

I read somewhere where BAC supposedly said the dilution was not for the acquisitions, but for buying equipement. That's what I expected they'd come back with if ever forced to answer. They play games with semantics/legalities and protect themselves with safe harbor forward statements.

If they borrow to buy Semco and sell shares to buy a machine, how is that different from borrowing to buy a machine and selling shares to finance Semco. Its like changing the order of entries in your checkbook. If the final balance is the same, don't try to tell me there's a difference.
 
Posted by buckstalker on :
 
That is exactly why I got out long ago...they simply are not telling shareholders the truth...period!
 
Posted by will on :
 
"From RB: Seems like today's action was a sell-off on rumour:" -- Denial

"he told me they will address the pink sheet data monday" -- Anyone doubt it isn't accurate as of 12/7/05? If it isn't accurate then I would guess that it is more diluted than reported.

"they are waiting for the audit ..so are we....lol" -- You'll never see this happen either.

The PPS was .0153 Sept '05. From Sept '05 to Dec '05 O/S diluted by 27.7% and Float diluted by 38%, PPS is at .005, a 67.3% decrease. Dilution isn't over yet. My guess is they're feeling pretty fortunate to be at .005, and will continue diluting while the PPS falls. There will be all kind of reasons, that are out of their control, for the audit not being done, there will be delays and excuses for the acquistions not closed, the typical pink sheet excuses. Then they will start the cycle of a promised audit, aquisitions, company stock buy back, positive PR campaign all over again.

They have not been forthright and forthcoming with information. Anyone that sees the kind of volume that this had in Oct, and Nov, and denies it is dilution, and thinks it is the company buying back shares or accuumulation, is participating in wishfull thinking, fooling themselves and others.
 
Posted by state780 on :
 
quote:
I wonder if the RB poster is the same one who promised a PR explaining the 5 billion share surprise.
Nope, mbmaid was quoting from "Shad," who reported what Howe told him today. If you read all of Shad's messages in that series, Shad is shaking his head over it all. And the poster who promised an explanation of the 5 billion a/s "by [that] Monday or Tuesday at the latest" is Best By Design, aka Yellow Submarine, aka Jim Hollen.
 
Posted by state780 on :
 
sorry, it's jmhollen, don't know what the j stands for.
 
Posted by DQ. on :
 
STOCK, how low do yall think this might go? I had a buy order in for several days at .005 but canceled it this morning cause I'm beginning to think it may get back to my original price of .0033. (BOY, I could have cashed out around .019 and bought a new truck!!)

If it can get around there I would feel pretty safe in buying more and then hold for six months or so.
 
Posted by StockHunter on :
 
Well, if they sold or pledged all 500 million shares that equates to about $5 million. How much does a Toyo machine cost? How much does a Plastic injection mold company cost? How much is Semco worth? I don't think $5 million can cover it all.

Given that the stock sales accelerated into the stated closing date of ProMold and then stopped, its possible there won't be any more sales (for now). That would mean either someone loaned Mr. Turek(who filed bankruptcy and pledged shares of his company to repay debts) or his company an aweful lot of money to buy 2 profitable companies, or they had to pledge shares,warrants, or options to get the job done. My money is on them pledging equity to acquire Semco.

To be on the safe side, for the purposes of forecasting a possible value I'm looking at what the company could be worth in several years and dividing by 5 billion shares. They wouldn't have issued that many shares if they didn't expect them to be issued. What form and at what pps is the question.

The optimist in me (yes, there is an optimist but you have to dig deep) holds out for the possibility that the ProMold and Semco financing comes from Blulinx. That would cement the sales channel for years to come. Its the only scenario I've come up with where they could raise significant monies at reasonable rates that does not dilute. Makes sense for Blulinx as well, assuring them of adequate supplies. Its not likely, just a Christmas wish. Knowing these jokers, I'm probably just giving them ideas. Next thing you know some enabler will report a phone conversation where they imply that is exactly how they did it. If its not in writing, its not true. If it is in writing, it still might not be true.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
quote:
I wonder if the RB poster is the same one who promised a PR explaining the 5 billion share surprise.
Nope, mbmaid was quoting from "Shad," who reported what Howe told him today. If you read all of Shad's messages in that series, Shad is shaking his head over it all. And the poster who promised an explanation of the 5 billion a/s "by [that] Monday or Tuesday at the latest" is Best By Design, aka Yellow Submarine, aka Jim Hollen.
Thanks State,
with all these boards and all these aliases its hard to keep track. As a general rule I don't trust anyone with multiple personalities on a single board. On the other hand, someone who posts on multiple boards with a similar screen name goes up a notch.

This time I'm inclined to think we may actually get a PR next week. Todays revelation should produce enough phone calls and emails they will have to respond just to shut people up.

When the 5 billion share suprise was dropped I said the lenghth of time for an explanation would be a determining factor for me regarding its credibility. One can produce the truth in the time it takes to type a messge, but a lie takes some thought. A big lie takes a lot of thought -- and imagination. Looks like these guys are weak in both categories.
 
Posted by state780 on :
 
quote:
As a general rule I don't trust anyone with multiple personalities on a single board. On the other hand, someone who posts on multiple boards with a similar screen name goes up a notch.

[/QB]

Then there's option three: Posting under different names on different boards. He's yellow sub here, BBD at RB, and JMHollen on one of the many silicon investor boards.

At rb, I believe it was shad who said Howe said would be a statement about the share count on Monday--"he told me they will address the pink sheet data monday."

But I agree that means nothing.
 
Posted by StockHunter on :
 
quote:
Originally posted by DQ.:
STOCK, how low do yall think this might go? I had a buy order in for several days at .005 but canceled it this morning cause I'm beginning to think it may get back to my original price of .0033. (BOY, I could have cashed out around .019 and bought a new truck!!)

If it can get around there I would feel pretty safe in buying more and then hold for six months or so.

I hate to make predictions and really don't know. I prefer to follow price action to picking price levels. An acceleration down then a single stubborn buyer absorbing the fall or bidding up into it always gets my attention. If others join in then its time to buy. If there's an air pocket behind the bidder I step back.

Main driver will be news and information. I hate parking money in a stock waiting on news when it should be readily available. The opportunity costs of this stock have been as bad as the price decline for me (I'm not the patient sort). That's why I've put so much effort into trying to force information out of them. The pinksheets update took about a month, but we should see info coming much more quickly now.

The devil(and valuation) is in the details. We need more details.
 
Posted by Madge on :
 
NEWS NEWS NEWS

Plasticon Completes Pro Mold, Inc. Acquisition
08:30 a.m. 12/09/2005 Provided By Market Wire


LEXINGTON, KY, Dec 09, 2005 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PLNI) is pleased to announce that the company has successfully completed the privately financed and definitive agreement for the acquisition of Pro Mold, Inc., pending SEC approval. Plasticon will be receiving plant equipment and current contracts valued at close to $5 Million.

Pro Mold, Inc. is currently profitable and generates revenues of approximately $5 million annually. Pro Mold, Inc. is one of the premiere injection molding companies of the Midwest. The Pro Mold facilities will be wholly owned by Plasticon, and will become the centerpiece for manufacturing operations. As a result, Plasticon will no longer rely on contract manufacturers, thus improving the company's bottom line.

The Pro Mold facilities allow Plasticon to greatly advance production capabilities. With the addition of the new high-capacity molding machine that Plasticon recently purchased, the plant will now be able to produce up to $28 to $30 million in sales annually.

"This acquisition symbolizes a move to the next level for Plasticon, we can now control the future of the company through our own proprietary manufacturing methodology. This is a great day for Plasticon and our investors," stated Jim Turek, President and CEO of Plasticon International, Inc.

About Plasticon International, Inc.

Plasticon International ( www.plasticonintl.com ) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

For more information, please visit the Plasticon web site online at www.plasticonintl.com, or Contact Investor Relations at: 1-866 THE APPL(E).
 
Posted by mbmaid on :
 
Congrats to those that bought in at yesterday's lows...should be an interesting day.
 
Posted by DQ. on :
 
Nice to see some news and I'm sure we may see a little rise but it still isn't final and overall I think the price will still get closer to .003 in time.
 
Posted by buckstalker on :
 
I agree...too little, too late, too many lies!
 
Posted by Rise&Shine on :
 
The word "Pending" makes this yet another BS Pr. I'm with you on this one Buckstalker.
 
Posted by DQ. on :
 
quote:
Originally posted by buckstalker:
I agree...too little, too late, too many lies!

Are you completely sold out of this now Buck?
Hope you've at least bagged a 10 or 12 point by now!
 
Posted by buckstalker on :
 
Bingo...
 
Posted by buckstalker on :
 
Yea..I'm all out. Shot a nice 8 point opening day and a couple of does, but nothing since...getting the smokepole out today!
 
Posted by DQ. on :
 
Ther ya go!!! I got a ten and waiting on the wall hanger this afternoon.
Still hanging on to all of my shares...shoulda sold I guess.
Now I'll have to wait till spring when we get the next round of (we are completing our audit)
Good part is I think I've got the game figured out now and will load up even more later.
 
Posted by state780 on :
 
Why would an acquisition require SEC approval?
 
Posted by Rise&Shine on :
 
I see a lot of future bagholders in the making today. Quick flip at best
 
Posted by buckstalker on :
 
I have passed up a lot of decent bucks myself this year...waiting on the wallhanger. My cuz shot a beautiful 10 point last weekend...scored about 145! Good luck with PLNI...it may take a while!!
 
Posted by DQ. on :
 
quote:
Originally posted by state780:
Why would an acquisition require SEC approval?

Wondering that myself.
Bet it's cause they're doing everything right to move to OTCBB (yea right)
 
Posted by Andreas on :
 
Does anyone have L2 for PLNI?
 
Posted by buckstalker on :
 
.005 x .0052
3 x 2
 
Posted by Andreas on :
 
Thank you, Buck. My etrade does not show any [Frown]
 
Posted by state780 on :
 
quote:
Originally posted by Andreas:
Does anyone have L2 for PLNI?

http://www.plasticonintl.com/investor_relations.html
 
Posted by state780 on :
 
Speculation: The more I think about it, the more it seems the Promold (& semco?) acqusitions might be tied up in some cute reverse-merger-something or other with Turek's Telco Blue, as has been discussed on other boards. Pink sheet companies can use shares for payments without getting SEC approval, correct? Since I gather this is how Big Apple and Green Baron have been paid for various services--I don't recall those acts requiring SEC approval.

But I'm just thinking out loud.
 
Posted by Bearclaw on :
 
State...You got it!!!!
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Speculation: The more I think about it, the more it seems the Promold (& semco?) acqusitions might be tied up in some cute reverse-merger-something or other with Turek's Telco Blue, as has been discussed on other boards. Pink sheet companies can use shares for payments without getting SEC approval, correct? Since I gather this is how Big Apple and Green Baron have been paid for various services--I don't recall those acts requiring SEC approval.

But I'm just thinking out loud.

Every morning I do a Telco blue search in Wyoming. Last year they moved TBLU from Delaware to WY. TBLU currently has 75 million shares so without an amendment they can do a reverse merger for the equivalent of a 30-1 or less reverse split. They can also throw in the kitchen sink in regards to further dilution/restructures/etc... to bury any uglyness in the complications of it all. It makes sense from a PR standpoint since they can claim its not an r/s, just an r/m. They would say its in order to speed the process and good for shareholders. The enablers will cheer them again and forget about the lies, dilution, etc...

Makes sense and worth keeping an eye out for.
 
Posted by StockHunter on :
 
Todays useless PR, the GB and Wall Street News fluff this morning and the gratuitous phone conversations reported from yesterday make me less confident we'll see a PR monday clearing up this mess. They are reverting to the old form. If they really were going to clear the air with details there would be no need to pump it today with the usual garbage.

Next week we're likely to see more inuendo, fluff PRs, phone call reports and ignored written responses. We need to keep writing the company (not calling!!), and contacting the SEC until we get a clear written response.
 
Posted by will on :
 
This could be the reason for the fluff PR:

DILUTION CONTINUES ??

VOLUME
90.9M 12/8
50.8M 12/9
TOTAL - 141.7
 
Posted by StockHunter on :
 
quote:
Originally posted by will:
This could be the reason for the fluff PR:

DILUTION CONTINUES ??

VOLUME
90.9M 12/8
50.8M 12/9
TOTAL - 141.7

The PRs ended when VFIN stopped selling which also coincided with the ProMold (supposed) closing date. I think they probably are done diluting in the open market for now. Todays PR was just to shut us up a bit. The PRs were totally self serving and a good indication of dilution activities in the open market. Heck, when the sales were accelerating in oct/early nov there was a fluff PR practically every day.

I haven't seen any one MM dominate on the sell side. Looks like surprised investors getting out and bottom fishers getting in adding the volume, IMO.

The Green Baron (who bought more shares in a private placement according to an RB post today), and the other promotion firms have an equity interest in pumping this thing. Not surprising to see them pumping it today. Plasticon has to back them up with some fluff PRs but the urgency seems to be gone.
 
Posted by will on :
 
That sounds reasonable SH. Not seeing any one MM selling does a lot to support that explanation. I'll get off the DILUTION wagon for now.
 
Posted by StockHunter on :
 
quote:
Originally posted by will:
That sounds reasonable SH. Not seeing any one MM selling does a lot to support that explanation. I'll get off the DILUTION wagon for now.

Its good you're keeping your eyes open for it though. We're totally in the dark with these guys. The situation can change at a moments notice and skepticism is certainly warranted.
 
Posted by will on :
 
I expect it to recurr without a doubt, it's a relatively easy way for the company to get $ for ANY purpose they choose. Especially a nonreporting pink sheet.
 
Posted by state780 on :
 
quote:
Todays useless PR, the GB and Wall Street News fluff this morning and the gratuitous phone conversations reported from yesterday make me less confident we'll see a PR monday clearing up this mess. They are reverting to the old form. If they really were going to clear the air with details there would be no need to pump it today with the usual garbage.
That's certainly plausible. But I'm going to pretend they wanted to reduce phone calls before coming out with something on Monday.

A man can dream, can't he?

Great DD & commentary, GLTA
 
Posted by Chopper on :
 
Things that make you go Hmmmmmmmmmm.
Good read on plastic rebar.... Plasticon is developing this as well.

http://news.uns.purdue.edu/html4ever/2005/051208.Frosch.bridges.html

December 8, 2005

Purdue engineers study corrosion-resistant material for bridges
WEST LAFAYETTE, Ind. – Civil engineers at Purdue University are developing a new generation of bridges that will contain corrosion-resistant plastic bars reinforced with glass or carbon fibers, promising to double the number of years between expensive repairs.

Concrete-strengthening steel bars called "rebar," currently used in bridges, are susceptible to corrosion, especially in the "deck," which is the uppermost portion of the bridge that serves as the riding surface. The rebar embedded in bridge-deck concrete is exposed to de-icing road salt that seeps through cracks in the pavement, said Robert Frosch, an associate professor of civil engineering.

"Bridge decks generally have to be replaced every 20 or 30 years, which is very expensive, but replacing the rebar with bars made out of fiber-reinforced polymers could extend the lifetime of a deck to perhaps 50 to 100 years," Frosch said. "If we could make bridges last longer, we could do other things with the money that now has to be spent on these repairs."

Purdue civil engineers have installed a bridge deck containing the fiber-reinforced polymer bars in a span over Interstate 65 at Thayer Road near Demotte, Ind. It is the first fiber-reinforced polymer-bar bridge deck ever installed in an Indiana bridge.

As steel rebar corrodes, it causes the rebar to expand, eventually causing chunks of concrete to break away from the bridge deck. This results in driving hazards and increases the exposure of underlying bridge components to road salt, which leads to more corrosion. The salty water also causes steel bars in both the upper and bottom portions of the bridge deck to act as the negative and positive poles of a battery, respectively, increasing the rate of corrosion.

"This battery effect accelerates corrosion in the bridge deck, but replacing the steel rebar in the upper portion of the deck with fiber-reinforced polymer bars eliminates one of the poles and shuts down this battery effect," Frosch said.

The fiber-reinforced polymer bars must be extensively tested, however, before they can be used to replace steel rebar in bridge deck construction, he said. The bars are made of a plastic polymer that is reinforced by fibers of glass, carbon or another material.

"Glass is the least expensive right now, at about a dollar a pound," Frosch said.

The price of carbon fibers has dropped consistently since the material was first developed for exotic applications, such as its use in construction of stealth aircraft.

"Over the years it's gone from $500 a pound to $5 a pound and can still come down from there," Frosch said. "The more you use it, the cheaper it becomes."

At the same time, the cost of steel has more than doubled in recent years.

Frosch worked with doctoral student Cihan Pay to analyze how well the new synthetic bars perform. As the bars are embedded lengthwise inside concrete structures, they often have to be spliced by overlapping the bars.

"We call this overlapping the splice length of the bars," Frosch said. "The longer the splice length, the greater amount of force the beam can withstand before it breaks."

The researchers are studying how much splice length is needed for specific applications, using hydraulic machinery to exert force on test beams until they fail.

"We're studying a range all the way from 12 inches up to about 54 inches of splice length," Frosch said.

The research is funded by the Federal Highway Administration through the Joint Transportation Research Program of Purdue and the Indiana Department of Transportation and is being conducted at Purdue's Robert L and Terry L Bowen Civil Engineering Laboratory for Large Scale Research.

Data collected from the experiments will yield important information about how much force the bars can withstand when different splice lengths are used.

A portion of Pay's research delved into the fundamental physics of how the concrete bonds to the overlapping bars. Pay used data from the research to develop mathematical equations for a new "fundamental model" that describes the precise performance characteristics depending on different splice lengths.

"Bond failure is very bad," said Pay, who recently graduated. "When it happens, there is no warning. People have no time to react."

The model may be used in the future by the American Concrete Institute in new guidelines for the design and construction of concrete structures with fiber-reinforced polymer bars.

"These are the guidelines for how engineers design structures using these bars," Frosch said. "The report will contain a chapter on splices and development of reinforcement."

Pay's equation for bond strength will apply to all materials, including steel bars.

"It's going to be one simple equation that works across the board," he said.

In the Thayer Road bridge over I-65, sensors have been inserted in the deck to constantly record data that will be used to learn how well the structure is performing. The data can be remotely monitored from Purdue.

"Strain gauges provide a tool to measure the amount of stress in the bars," Frosch said. "Gauges are attached inside the bridge deck as well as on the girders under the deck."

The researchers eventually will publish papers detailing how the bridge deck responds when subjected to actual traffic. Several states have built bridges with fiber-reinforced polymer bars, but the material is still considered experimental and is not in widespread use.

Frosch said new research will provide a means for increased use of these materials.

Writer: Emil Venere, (765) 494-4709, venere*purdue.edu

Source: Robert Frosch, (765) 494-5904, frosch*purdue.edu

Purdue News Service: (765) 494-2096; purduenews*purdue.edu



PHOTO CAPTION:
Robert Frosch, an associate professor of civil engineering at Purdue, displays various types of reinforcing bars used in bridge construction. At top left are two segments of conventional steel rebar, and the remaining segments are samples of corrosion-resistant plastic bars reinforced with glass or carbon fibers. (Purdue News Service photo/David Umberger)

A publication-quality photo is available at http://news.uns.purdue.edu/UNS/images/+2005/frosch-polyrebar.jpg
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
That's certainly plausible. But I'm going to pretend they wanted to reduce phone calls before coming out with something on Monday.

A man can dream, can't he?

Great DD & commentary, GLTA

I hope you're right. A PR wouldn't suprise me, but I think its more likely to be cloudy, forward looking and filled with inuendo for the enablers than a clear unambiguous explanation of the situation and history.

Clearly I need to turn this thing off for the weekend as I'm losing what little patience I have left.

Have a great weekend.
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
Things that make you go Hmmmmmmmmmm.
Good read on plastic rebar.... Plasticon is developing this as well.

http://news.uns.purdue.edu/html4ever/2005/051208.Frosch.bridges.html

Thanks Chopper. Good read and good find.

I got into this thing because the science and sector niche were so interesting. Unfortunately, the share structure, financing and company management make the science a minimal factor for shareholders in determining our profitability at this stage.

I'm a good trader, but not the best of investors. I got into CREAF because their MP3 players were far superior to market leader Apple in features, battery life and cost (equivalent on quality). The company mismanaged it going for market share over profits. I lost a bundle.

LEXR makes the best digital photography processors out there, but mismanagement almost sent them to bankruptcy.

SPEX developed a great sugar substitute, but mismanaged getting it to market for 15 years.

Great products and technology don't always translate into profits. Maybe some of the newbies in PLNI will make some coin, but unfortunately our fate is with some truly questionable charactors.

When I was involved in the dot-com boom out here the VCs always told us you don't make money buying great technology and ideas, you make money buying great management teams.

We need Turek and company to give 10% of the company to some seasoned big name managers in the construction industry and step aside from the day to day. Then I (and the street) would have more confidence investing in the company.

Have a great weekend.
 
Posted by sharkone on :
 
For a relative newbie to the game, what does all this mean? Is there a future for PLNI?

Shark
 
Posted by Bearclaw on :
 
Stockhunter...NITE was sitting on the ask all day yesterday and today...He mirror traded all afternoon on Thursday...Just FYI...
 
Posted by mbmaid on :
 
From RB:

"...If PLNI plans to have their new aquisitions included in the current audit, they MUST have SEC APPROVAL for the audit and uplisting, ...not SEC approval for the simple aquisition..."

This according to a market expert.
 
Posted by Bearclaw on :
 
mbmaid...
Good post...Here's the deal from where I sit today...Folks are having a hard time with Turek and Howe...Trust issues...I'll be curious, when all's said and done, if folks can get an answer to resolve some of the trust issues...The who, when ,how and why's of it...

I want to know if the SEC issues surrounding the move to BB, audit and aquizitions also played a part in what they could and couldn't say...I will be asking Turek some direct questions of my own after this all falls out...I want to meet him face to face...I'll be taking a road trip to Kentucky from Knoxville after the holidays just for this reason...I want to look this guy in the eye and see what I see...shake his hand and talk some...I'll know what I'm going to do after that...Probably decide somewhere on RT. 75 South...

For folks who wanted to stick with this stock over the long term it's critical these trust issues get resolved...It is for me anyway...otherwise I'll swing trade it for cash and get out when I'm done with it...unless I can re-establish my trust in management,specifically Jim Turek. I've been trusting him from the conversations I've had with third parties...
After being surprised by the dilution, when I assumed it was something else, third party conversations won't work for me to stay the long haul.
I fully expect the aquizitions, audit and move to the BB. That is my understanding talking to a group of folks that I trust...When this all falls out then it's time for me to decide...So to Louiville we go...Check out this new office bum a free cup or two of coffee and come on home...

quote:
Originally posted by mbmaid:
From RB:

"...If PLNI plans to have their new aquisitions included in the current audit, they MUST have SEC APPROVAL for the audit and uplisting, ...not SEC approval for the simple aquisition..."

This according to a market expert.


 
Posted by will on :
 
You will never see an independent audit. They may swear to it, promise it, but it will never transpire.
 
Posted by buckstalker on :
 
Bear...That is why I bailed...NO TRUST...let me know what you find out.
 
Posted by buckstalker on :
 
Now...I believe you Will!!!
 
Posted by BuyTex on :
 
'claw, how they wanna treat us?

That's all I'm asking...
 
Posted by will on :
 
Look, a lot of people were convinced the dilution was a stock buy back or accuumulation, because they had or have trusted sources. This is a pink sheet. This management is an experienced in pink sheet ploys, tactics, stradegies. They're talking about an audit, so they can move to a bigger board. How often have you heard that, and more importantly, how often does it really happen? I thought I saw a post where less than 15 companies, on the pinks moved up in a one year period, it just doesn't happen often, but is regularly said and/or promised. People have their hard earned cash invested in this, they want to believe the best, they don't want to feel foolish or duped, they will believe the most ridiculous senarios to save face or just not feel like they have poor judgement. These pink sheet operators know this and exploit it. Look at those poor people who still believe there is something good going to come out of CMKX. As far as meeting a guy, and reading his sincerity, well, a lot of people met Urban Casavant, and invested more afterwards.
Just the fact that the float was diluted by 38% while "trusted sources", and company misleading PR's were telling people to belive otherwise should be more than enough to convince any reasonable person the company isn't playing fair. They will continue to promise great things on the horizon, and continue to not achieve them, because of some outisde force, whether it be, the SEC approval, MM's, NSS, or whatever they can think of. Eventually they will either have no choice to R/S or R/M leaving investors with much less.
Can I prove or back up any of this? Heck no ! Is it just an opinion, Damn Right! Have you all seen it before? Damn Right you have. Does even the strongest supporter of companies like this have these doubts in the back of their minds? Damn right they do.
 
Posted by BuyTex on :
 
heartfelt post...

good evidence to support the idea that you leave emotions out of trading...
 
Posted by U4TSAF2 on :
 
Day's Range: 0.0046 - 0.0055

AWESOME!
 
Posted by StockHunter on :
 
quote:
Originally posted by will:
Can I prove or back up any of this? Heck no ! Is it just an opinion, Damn Right! Have you all seen it before? Damn Right you have. Does even the strongest supporter of companies like this have these doubts in the back of their minds? Damn right they do.

Will,

You're quite the busy bee with 4801 posts in 22 months, an average of 218 per day!!! You've started numerous threads and participated in too many to count.

With such extensive experience in pinkland people would be well advised to listen to you. While "its just an opinion", it is the opinion of someone who's been around this block a couple thousand times.

Thanks for the post. I'm listening.
 
Posted by will on :
 
SH, wish I had your calculator when I count my money. 30 X 22 = 660 days, 4800 posts / 660 days = 7.2 post per day.
However, I wish the number of post translated to either, one, that I knew what I was talking about, or two, translated to profit.
I guess it is possible to see trends, scenarios, and the same old stories just through osmosis. I'm flattered, but I only know that I know very little when I see the $ amount in my accounts.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stockhunter...NITE was sitting on the ask all day yesterday and today...He mirror traded all afternoon on Thursday...Just FYI...

Thanks for the observation Bear.

I don't get too concerned with the retail guys like NITE and SHWB. They're on both sides of most sizable pinks, most everyday. They may swing a bit for themselves, but its probably largely retail driven.

Its the uncommon names that show up suddenly and persistently that get my attention. Some occassional players seem to exhibit patterns as well. AGIS has primarily been a buyer with some significant size, but rarely chases more than a few ticks. MDAS usually sells and can walk it down a bit. Other than those I haven't seen anything particularily alarming in a couple weeks.

As for the mirror trades, that usually means the MMs don't want inventory. They're only matching public orders and taking their cut (the spread). The prevelence of these trades usually means the MMs are not playing games or taking risk. They're just happy to make their pennies on the scalp and sleep well at night with no position. Given the uncertainty thrown into the market yesterday it sounds like a prudent strategy to me.

This really shows up in thin stocks. IGTG just started trading after a 40-1 rs 2 days ago. The market today was .09B/.20A. You could drive a battleship through that one. Every trade was mirrored and very few trades. The MMs don't want any inventory until the order flow picks up. Not the bravest of market makers, in fact its practically a misnomer in this case. The stock went up 133% from the first to the second trade. These guys are cowards, IMO. Tighten the markets and you'll get more order flow.
 
Posted by buckstalker on :
 
Great posts will...

the most truthful I've seen on this thread...
 
Posted by StockHunter on :
 
quote:
Originally posted by will:
SH, wish I had your calculator when I count my money. 30 X 22 = 660 days, 4800 posts / 660 days = 7.2 post per day.
However, I wish the number of post translated to either, one, that I knew what I was talking about, or two, translated to profit.
I guess it is possible to see trends, scenarios, and the same old stories just through osmosis. I'm flattered, but I only know that I know very little when I see the $ amount in my accounts.

Uh, that was supposed to read "218 per month", not "day". sorry. Its not that big a deal here, but I've been known to do that kind of thing with money involved. Can be dangerous.

When I used to work on a trading floor years ago, we had to fill out paper tickets and hand them to clerks when we needed to trade off another exchange. I often grabbed the wrong type of ticket. If I was buying puts, my mind is thinking "get short". Short means sell, so I grabbed a red "sell" ticket. Instead of hedging my position I would double up. Scarey thing is those were usually my most profitable trades.

Guess I've proven its time for me to get some sleep.
 
Posted by StockHunter on :
 
quote:
Originally posted by mbmaid:
From RB:

"...If PLNI plans to have their new aquisitions included in the current audit, they MUST have SEC APPROVAL for the audit and uplisting, ...not SEC approval for the simple aquisition..."

This according to a market expert.

FWIW, and its not worth much, Matt had told me months ago that the acquisitions would not be included in the audit and did not need to be. To some degree this makes sense since an audit can never be up to date to yesterday given the complexities involved. OTOH, if an acquisition significantly changes the composition of the company, there may be a rule requiring it.

Common sense would indicate the SEC or Nasdaq might have a revenue percentage threshold for such a requirement. Of course, I've learned a long time ago (mostly from dealing with the IRS) that one should not assume a rule exists simply because it sounds reasonable.
 
Posted by buckstalker on :
 

 
Posted by Chopper on :
 
Besides the fact they are a promoting website.... I do like the fact they put their money where their mouth is and supported the stock.


Special Update from the Green Baron

Plasticon International (PK: PLNI)

Pre-Market News Alert:
Plasticon Completes Pro Mold, Inc. Acquisition

Plasticon International has been a Green Baron favorite for much of 2005. Members who followed our May 2005 profile were treated to a stock that rallied from .0052 to .0199 in less than 30 days. The stock traded back and forth between .011 and .019 for much of the year until recently. Amazing enough, Plasticon has given back nearly all its gains from this year at a time when it appears things are just getting started at the Company. Today’s release confirms a number of important developments for Plasticon.

The Green Baron Report has plans to interview CEO Jim Turek and Senior Consultant Bill Howe at least one or two more times in the near future. Both gentlemen are eager to report what has been happening over the past few months in great detail, but must be careful about appearances and interviews during what appears to be the final stages of its audit.

Our parent company, Evergreen Marketing, Inc. has recently purchased stock through private transactions in Plasticon. We have also suggested our closest high net worth contacts to consider supporting Plasticon due to its extremely promising future. Although we would like to articulate our feelings about Plasticon stock more at this time, we also must be mindful about our support due to our personal financial interests. Instead, we will continue to present all Plasticon news announcements and conduct interviews with key PLNI parties to keep all members and the investing public updated on the latest events. We will continue to comment where it seems appropriate to do so.

LEXINGTON, KY--(MARKET WIRE)-December 9, 2005 -- Plasticon International Inc. (Other OTC: PLNI.PK) is pleased to announce that the company has successfully completed the privately financed and definitive agreement for the acquisition of Pro Mold, Inc., pending SEC approval. Plasticon will be receiving plant equipment and current contracts valued at close to $5 Million.

Pro Mold, Inc. is currently profitable and generates revenues of approximately $5 million annually. Pro Mold, Inc. is one of the premiere injection molding companies of the Midwest. The Pro Mold facilities will be wholly owned by Plasticon, and will become the centerpiece for manufacturing operations. As a result, Plasticon will no longer rely on contract manufacturers, thus improving the company’s bottom line.

The Pro Mold facilities allow Plasticon to greatly advance production capabilities. With the addition of the new high-capacity molding machine that Plasticon recently purchased, the plant will now be able to produce up to $28 to $30 million in and sales annually.

"This acquisition symbolizes a move to the next level for Plasticon, we can now control the future of the company through our own proprietary manufacturing methodology. This is a great day for Plasticon and our investors." stated Jim Turek, President and CEO of Plasticon International, Inc.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

For more information, please visit the Plasticon web site online at www.plasticonintl.com., or Contact Investor Relations at: 1-866 THE APPL(E)
 
Posted by StockHunter on :
 
The GB update is a big red flag IMO. They make their money by receiving shares and then selling them. When the stock goes down, they have to pump harder to protect their position and to sell more shares. The most disingenuous statement in the email is :

“ Amazing enough, Plasticon has given back nearly all its gains from this year at a time when it appears things are just getting started at the Company. “

Come on. They absolutely know the why and how this happened because they were an integral part of the fall. From Sept 1 to Dec 7 the number of shareholders increased by 31% while the stock lost 63%. The GB pump brought in new investors who bought from those distributing virgin shares into the market. While these shares could have come directly from the company, a conduit like GB is also a likely source.

More info and spin from the GB:

“We have received 18,500,000 shares of free trading common stock from a consultant of Plasticon International, Inc. (PLNI); Evergreen Marketing acquired an additional 10,849,829 shares of PLNI through private market purchase and finders fees. Evergreen Marketing partners acquired a total of 9,993,106 through private market purchases. We have also funded the company an additional $100,000 through a private purchase of shares. We invested another $50,000 US through a private purchase transaction. “

Its too bad we don’t get to see their books. The likely translation of this spin (IMO of course) is GB receives shares, sells them, keeps some for themselves and returns some (“private purchase”) to Plasticon in return for more free or heavily discounted shares which they sell into the market. This cycle will go on as long as needed and as long as it works. GB makes money, Plasticon raises money, and our stock gets diluted.

I would suggest everyone interested in following a GB recommendation look at their disclaimer and go through all the companies they have represented (helped raise funds through stock sales). Their clients cannot raise money on their own so they need to sell shares. Many if not most of these companies fail and even fewer shareholders make money by purchasing the shares they help distribute into the market. Notice in the disclaimer they state they can sell stock even while are recommending its purchase.

Originally I was hopeful the o/s and float disclosures would force the company to issue a PR with complete explanation. The fact they went to GB and Wall Street News for a pump, ignored mine and others written requests for clarification, and used the old phone chat with a friendly investor route to spread their message makes me skeptical.

IMO, this is what you will likely not see in Mondays PR (if there is one). There will be no share numbers, certainly not float numbers. The float is likely much higher than the 690M stated (see earlier posts) so they will only make vague references to previous numbers, dates and sources.
They will not state the exact source of the sales, only ‘fill in the blank’ inference. They will not spell out how many more shares and from what source further dilution can come. They will not explain why BAC lied to investors after having been informed of the change in a/s, and why they lied about having that information. (I sent it to both BAC and Turek in October). If they blame BAC for the misinformation they need to explain why they weren't fired and continued to knowingly give out this false info.

We need to demand explicitly stated written answers to basic questions. Since they claim the audits numbers are done and they want to be fully reporting, they should start now by acting like a fully reporting company. HISC is waiting to go OTCBB and they still release sales and unaudited results and spell out their capitalization. There is no reason for silence or secrecy, only the ability to do so since they are pink.

The best way to protect our investment is to demand explicit and timely answers. The best way to lose money is to help them promote false information they feed out through second hand sources, phone conversations and inuendo.
 
Posted by Chopper on :
 
I believe the same distrust and statements on the boards were said of HISC until they became more translucent. Same deal... Go back and look at the old HISC threads.
Just trying to look at the bright side there Stockhunter. But thanks for the fare and balanced reporting. GLTY
 
Posted by StockHunter on :
 
Green Baron Track Record.

This is not the most scientific statistical analysis but it is a good back of the envelope approximation of how their stocks do. I took the first 43 stocks they listed on their disclaimer page as having received stock for payment(I got tired at that point, but there are a bunch more). I used bigcharts to get the high/low and last for the past year. Here are the results:

43 stocks

13 symbols had no quote available - most probably defunct, some may have merged or changed symbols

Of 30 quotable stocks:

28 were trading below their 52 week mid point.

18 were down over 90% from their 52 wk highs.

of the 2 stocks above their mid point one was a gold stock (they're all up lately).

The average of the 30 stocks was 80.1% off its yearly high.

Now, some of this stock was recieved in 2003 and 2004 so a longer time frame would be more accurate, but I don't believe the overall picture would change by much.

Bottom line: Companies that need to give stock to the Green Baron are long shots. The GB has not seemed to help them improve their outlook enough to overcome existing challenges and the GB share dilutions.
 
Posted by cold_up_here on :
 
Way too much skepticism has surround Plasticon International far too long. Now it's nearing time for the "To the Moon", crew to come about. Question will soon be, 'It's at .065, should I sell or wait till .15???? "Just found PLNI today, is it too late to get into PLNI at .08?? What are your "long-term" projections? Should I wait for a pull-back? Sound familiar? One can almost feel the built up tension that PLNI possess.
 
Posted by cold_up_here on :
 
BTW~ Bawhahahahahahahaha!!!!
 
Posted by StockHunter on :
 
This is one of the most useful posts on how to do DD on pinks that I've seen. Lots of good advise and useful links. Well worth the read for newbies and veterans alike.

http://ragingbull.lycos.com/mboard/boards.cgi?board=RVMN&read=8595
 
Posted by state780 on :
 
Great commentary after the close on Friday and over the weekend. Unfortunately, suspicions about no o/s and float pr today have come true.
 
Posted by clbgroove on :
 
Holy smokes batman, a 10% gain in 10 minutes!!!!!

Shes gonna blow captain!

Have faith guys, things are still moving forward....IMHO

My new years dream:
1. Stick audit you know where
2. Semco actually does work
3. Bluelinx loves both products
4. Bluelinx says "Hey guys, go away cause we want to put our name on this stuff and you can work for us in manufacturing since your not real good at management....and O by the way heres a big enough check for you to go back sailing with all your happy shareholders"!!!!!!
 
Posted by ed19363 on :
 
Holy smokes, batman, it lost that 10% gain in the NEXT 10 minutes.

Somebody blew the captain.

Have faith, guys, someday (after the R/S) we will move to .0001.
 
Posted by StockHunter on :
 
Martin and Lewis
George and Gracy
Penn and Teller
clbgroove and ed19363

Thx guys, I needed a good laugh today.
 
Posted by state780 on :
 
quote:
Originally posted by StockHunter:
Martin and Lewis
George and Gracy
Penn and Teller
clbgroove and ed19363

Thx guys, I needed a good laugh today.

me too.

Hey stock, VFIN's back on the ask, at .0049 at the moment. Significant?
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
[
Hey stock, VFIN's back on the ask, at .0049 at the moment. Significant?

It may be. They've popped in and out for a quick trade or two since the sell program ended in early Nov, but today's order is different. They lead on the ask, but allowed others to join at first - not too concerning. But now seeing them step ahead looks ominously familiar, doesn't it?

Its more than a few million shares and that's not good. We'll have to keep an eye on them.

Its truly a shame the revelation about the previous dilution has not sparked more of an effort to force the truth out of the company. Reading the other boards its clear why these pinks get away with this crap. These enthusiastic, optimistic pinky investors bend over backwarkwards to make tortured explanations to justify their trust. Without a word from the company these guys are back to blaming naked shorts and "paid bashers" (whatever the hell that means) for the decline. Missed opportunity to clear the air.

I wanted to spend this week on Xmas prep, but now it looks like I'll have to spend more time on the phone and writing letters. I want answers before they drop the bomb with the restructure.
 
Posted by Bearclaw on :
 
Stock...
I've asked and so are other folks. Please don't assume folks aren't trying to get to the bottom of some unanswered questions. There are folks with very large positions on this company.

Pinks get away with not answering questions because they are not regulated properly, not because the questions aren't being asked.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stock...
I've asked and so are other folks. Please don't assume folks aren't trying to get to the bottom of some unanswered questions. There are folks with very large positions on this company.

Pinks get away with not answering questions because they are not regulated properly, not because the questions aren't being asked.

I appreciate your efforts and those of others. Maybe I shouldn't read these boards anymore because it may not be fully representative of the investor class(though it may just be).

I'm just saying looking at a barometer of sentiment from the people with a direct relationship with the principals, too many are making excuses for these guys. When the people who have talked directly to JT and BH tell them they will file complaints and hire lawyers if they don't get immediate answers things will change. If they continue to carry their water we will see more sell programs and lies until they drop the bomb.

As for the lack of regulation, even exchange listed companies get away with transgressions when investors don't do their part. Lots of questionable and illegal activity occured during the late 90's without being reported or punished because investors did nothing. When stocks go up, people forgive dishonest behavior. The regs have limited resources and rely on investors to report abuses. Many securities laws are written to give investors avenues for corrective action. The regulators don't automatically find trangressions or act on them.

Even pinks must follow the rules. A company can not aggressively market their stock for distribution using false statements. A good securities lawyer can take action against them. Unfortunately, these guys cost money and most pink investors lose less than the cost of the lawyer. When enough money is involved you can get a lawyer on contingency or for a class action. There is rarely enough money involved in pinks for this to happen and these companies take advantage of that knowledge.

Bottom line is every investor who feels they have been lied to needs to contact the SEC and file a complaint. If enough of us do this they will investigate and the company may give us some answers.

Once again, I'm not saying everyone is letting this happen and I do appreciate that you're taking the initiative to get to the bottom of this. I will keep encouraging more people to do as you and I are since it will take a great number of complaints to get results.
 
Posted by Bearclaw on :
 
I understood your point
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
I understood your point

Sorry, I'm a bit too intense today w/the holidays, this stock and now VFIN back.

VFIN just stepped down again on the close. If they show up after the first hour tomorrow(they typically fade opening strength) then it looks like we've got more distribution to go. Not sure how much this stock can absorb w/o a stream of BS PRs to bring in new blood.
 
Posted by Bearclaw on :
 
I have the same concerns...your not too intense...I understand pezzed off...A family trait...Irish Catholic...No problem Stock...
 
Posted by jibber39 on :
 
I just filled a complaint with the SEC today and a few of my friends who are also involved in this stock. If anyone is having a hard time finding out how to do your share then here you go. Like stock said, if everyone doesn't do anything then the sec will do nothing and we will never get answers. And i want some answers. www.sec.gov/complaint/cf942sec9570.htm
 
Posted by StockHunter on :
 
Good work jibber and thanks for providing the link. (why didn't I think of that?)

With a concerted effort we may get the full story before they do more damage. We owe it to ourselves to attain the opportunity to adjust our positions based on full knowledge of the facts, before they announce a restructure. That's not too much to ask in a free market in the information age.

Faced with the choice of playing the victim or being the victor, being the victor is much more satisfying.
 
Posted by StockHunter on :
 
Rumor has it(from rrm on the RB board) that JT and BH are at Big Apple. Given that VFIN showed up today they may be planning a PR campaign to sell some more shares.

Would not be surprised to see a series of bullish sounding PRs over the next couple days if VFIN is back tomorrow.
 
Posted by Dagger Depot on :
 
Today's PR:

...


...


...


...


...


*fart*
 
Posted by state780 on :
 
The PR should be: VFIN is back.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
The PR should be: VFIN is back.

From the movie Poltergeist:

"Theeey're Baaack"

Eddie Murphy in Trading Places(will this be next?):

"Hey, we're losing all our money and Christmas is coming. "I won't be able to buy my son the GI Joe with the Kung Fu grip. "And my wife won't make love to me cos I ain't got no money." They're panicking, screaming, "Sell, sell." They don't want to lose all their money. They are panicking right now. I can feel it. Look at them. He's right, Mortimer, my God, look at it. I'd wait till you get to *** then buy. You'll have cleared out all the suckers by then.

Great Flick!
 
Posted by trainsite on :
 
Don't give a chit what Turek says anymore, or what this company does anymore. On to greener pastures.
 
Posted by jibber39 on :
 
Multimedia assaults.

In February, the SEC charged Donald Oehmke, Bryan Kos and five partners with putting out false press releases, faxes, e-mails, and webcasts and websites to promote two Pink Sheets-listed penny stocks. Maybe Turek and Bill can join them. Thanks to PLNI i have been doing alot more reading about the pinks and other stocks. Found an interesting point made here.

The SEC usually gets involved only if scamsters get so greedy that they issue additional shares rather than just pumping and dumping existing shares, says Gidon Caine, securities lawyer at Dechert LLP. Isn't this what turek just did last month???
 
Posted by StockHunter on :
 
quote:
Originally posted by jibber39:


The SEC usually gets involved only if scamsters get so greedy that they issue additional shares rather than just pumping and dumping existing shares, says Gidon Caine, securities lawyer at Dechert LLP. Isn't this what turek just did last month???

Not only last month, looks like yesterday and today as well. VFIN is back and selling in the tens of millions so far. VFIN=PLNI whether directly or through a third party. Its dilution.

It takes some nerve to go back to the scene of the crime after you've been identified and do it again. They must be under some serious time and financing pressures.
 
Posted by rasica on :
 
We are having the same problem with VFIN on FCDH.

Many have filed SEC complaints against them today.

GLTA!!!
 
Posted by rasica on :
 
Investor Complaint Form

https://tts.sec.gov/acts-ics/do/complaint

vFinance Inc.
3010 North Military Trail
Suite 300
Boca Raton, FL 33431
Phone: 561-981-1000
Fax: 561-981-3969
Web Site: http://www.vfinance.com

GLTA!!!!!
 
Posted by will on :
 
will
Member


posted December 09, 2005 17:48
--------------------------------------------------------------------------------
I expect it to recurr without a doubt, it's a relatively easy way for the company to get $ for ANY purpose they choose. Especially a nonreporting pink sheet.
--------------------------------------------------------------------------------


The "it" I referred to was dilution. They do it a couple of times and it becomes too easy to pass up. Selling shares is a lot easier than working for money. Being a pink they don't have to tell anyone anything. It looks like they knew what they were going to do with that unreported, unpublished, increase of A/S to 5B.

[ December 14, 2005, 18:33: Message edited by: will ]
 
Posted by StockHunter on :
 
quote:
Originally posted by rasica:
We are having the same problem with VFIN on FCDH.

Many have filed SEC complaints against them today.

GLTA!!!

Here VFIN is just the MM handling the order for the company. I talked to them a couple months ago and they were totally open with me. The order comes from another source(not for their acct) and feeds through a computer to their desk where they work the order. FYI, they are a wholesaler only and do not handle any retail biz.

I'm not familiar with FCDH, but be careful you're not just shooting the messanger. The 1 minute I spent googling the co. president, Sandy Winick, produced an old link referencing HEE corp where he was CEO (they claim a cure for type 2 diabetes. Google "Sandy Winick" and "fraud", go to Forteon.be link and hit 'cached'). The same week he resigned the company complained they were investigating voluminous short sales hurting their stock. In pinks it seems the same people keep showing up in new companies with the same old complaint that short sellers are the reason they fail. Usually its a smoke screen for their own questionable management and activities. Please don't take my one minute of DD for gospel, but as a general rule its a red flag.
 
Posted by will on :
 
FCDH has BILLIONS outstanding. They are trying to catch QBID and CMKX.
Someone at the company has to sign and issue those shares, the MM just brings them to market. It's a printing press.
 
Posted by johnny14511 on :
 
this stock is beign manipulated by the mm's that why it stay in the .004 .005 range
 
Posted by Chopper on :
 
Stock,
Which phone number for VFIN did you call? I have four offices listed. I would like to call the same one you did and hear it straight from the horse. I called a couple of months ago as well and they said nothing of what you are reporting. Not doubting you, just would like to confirm your findings. TIA
GLTY
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
Stock,
Which phone number for VFIN did you call? I have four offices listed. I would like to call the same one you did and hear it straight from the horse. I called a couple of months ago as well and they said nothing of what you are reporting. Not doubting you, just would like to confirm your findings. TIA
GLTY

Their OTCBB/PINK SHEETS desk: 800-487-0577

Called them in early Nov.(7th?) I asked for info on the share structure and he gave me what they had (same as pinksheets). I expected him to put up a wall as a matter of policy, but he was very open and helpful. He said 99.9% of the time when people blame the MMs for naked shorting its the company diluting stock.

I told him I was surprised he didn't put up a wall. Once he realized I knew the business he figured he could discuss it with me. They get calls from less sophisticated investors who have lost lots of money in poor companies. These people come with an agenda accusing the MMs for all their woes. I can understand if they did not want to put a lot of effort into those phone calls.

When I was making markets(in options) people would occassionally call down blaming the MMs for their losses. Even a stock specialist once accused me of picking him off with inside information and would not fill my orders. Paranoia knows no bounds. Its part and parcel of trading. I've had my share of paranoid moments as well.

If and when you call just tell them you're an investor and would like share structure info. They are suppossed to keep this for all companies in which they make markets, but its usually just pinksheet info. You can say you called them since they were the most active MM recently. Ask where the orders they get come from. If you don't come with an agenda they should tell you how they handle the orders. At the end you may want to ask what they think of the perception that MMs are behind naked shorting of viable companies.

When I called Rodney recently, I asked him for information just telling him I was an investor. He then proceeded to feed me the same lies as Matt did. I let him give me all sorts of information in the form he desired. He confirmed my suspicion they were intentionally giving out the false information the company wanted them to, despite their knowledge of the truth. There is no way I could have gotten that information if they knew I was POd when I started asking questions. Its all in the approach.

BTW, if they said nothing of what I was reporting when you called, what exactly did they tell you?
 
Posted by ed19363 on :
 
"He said 99.9% of the time when people blame the MMs for naked shorting its the company diluting stock."
Put the blame where it belongs...on the company.
Remember, MM stands for Market Maker. Without them there would be no stock market. If the company is forthcoming, there is no reason to call a market maker for info. This is why 99.9% of pennies suck. They all claim naked short selling, and it simply isnt the case.
 
Posted by Chopper on :
 
Good Afternoon Everyone... Longs and Shorts alike.

This trading pattern we are in is synonymous with the pink market. No new PR or industry related news, the flippers, swingers or day traders have long left, the weak get tired, sell and leave as their threshold of pain is reached. The short interest mm’s play the game to drive the stock price down looking for new weak hands to accumulate more shares on the way down. Should Jim ad more shares into the float for more equipment this could drive the price down as well along with the shorters taking advantage of that prime opportunity untill significant material events are announced.

As much as I would love to hear that someone has the inside scoop with great predictions of PR's forth coming, the fact is no one knows when they will be released or what will be in them. Jim will not let that cat out of the bag for any stock holder and violate SEC rules. PERIOD! IMO as stated before material events should flow in this next 30 day time period using today as a reference point.

So what exactly is the point to this bash fest being conducted in the last several weeks? Most is seasoned with half truths or down right lack of any DD on the company. Any little negative is multiplied exponentially into the doom and gloom scenerio with the CEO running off with diluted cash coffers stuffed with stockholders money to Cancun. I should only guess that some feel that they may be the New breed of brilliant thinkers or seasoned stock gurus. Maybe they have the god syndrome thinking they should save all the unsuspecting from imminent DOOOM. Or maybe a group of opportunists thinking they will buy up the weak shares on technical lows… But more likely a group of minimum wage monkeys that are employed by certain MM’s to shake the market Tree as hard as they can so they can scoop up any shares prior to an impending run , whether it be a technical or a true PR run on the horizon. This is observed as fact in the Exact Same multiple postings using multiple aliases on EVERY board on the internet!

I really try not to pump or bash any stock. I happen to like this company but only after exhaustive DD on my part. I have called Every principle party related to this company going back years. IMO the SILENT period is due to the total SOX audit package and has been a stopping point for some very important reasons.
The sudden and opportune timing of 2 acquisitions made by Plasticon in the early stages of their audit. These 2 companies had to have due diligence performed prior to purchase and once that had been done and all claims verified by independant Labs, technical sources, vendors, lean holders, ect.. and Plasticon then an SEC SOX Audit was ordered to seal the deal on EACH company. My instincts and DD tell me that they are complete and the purchases are complete. I further believe that the Overall SOX Auidt for Plasticon has been submitted to the SEC and the tweeking period is underway between the SEC and Plasticon. Upon Audit approval by the SEC the following uplisting forms will be in play and left for the SEC to give the Official OKIE DOKIE for Uplisting.

On the brighter side as well.... IMO we will also see more contracts gearing up for the spring construction season. These orders always come months in advance for scheduling and availability.
Do your own due but in my opinion we are in a great opportunity. Just stinks that the market forces have been in play to the downside.

Peace on the boards Good Luck to All.
 
Posted by mbmaid on :
 
Thank you Chopper. Wonderful and informative post.
 
Posted by Bearclaw on :
 
Nice post Chopper...Oh...If anyone believes there's not naked shorting in pennies they're due for a labodomy...They just are not paying attention...
 
Posted by state780 on :
 
IMHO that's a lot of wishful thinking, Chop. Regardless of what VFIN is up to, this is a rational selloff, based on issues like this:

The sudden and opportune timing of 2 acquisitions made by Plasticon in the early stages of their audit.

Which still have not been confirmed, and one of which was misleadingly advertised as "completed" in a PR that went on to explain it has not been completed.

I would be delighted if this turns around and has a happy ending. But the problem is that the negatives are based on available evidence (lots of broken promises on the audit, still unexplained increases in float, o/s and a/s, missing webcasts, you know the list) and all the positives are based on theories (or wishes), including supposed manipulation by paid bashers.

But again, I'd be delighted if I'm proven wrong.
 
Posted by Bearclaw on :
 
State...
Your absolutely right! The negatives are based on YOUR available evidence stated over and over and over again...
Consider stop using your broken 78 rpm record and fork up the cash for a new IPOD...
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
State...
Your absolutely right! The negatives are based on YOUR available evidence stated over and over and over again...
Consider stop using your broken 78 rpm record and fork up the cash for a new IPOD...

Sorry, Bearclaw, did an allstocks moderator change the rules? I missed the memo where I'm supposed to respectfully bow before posts that express opinions I disagree with. Everything Chop says has been expressed before too.

I'll check my messages, must have missed the new directive.
 
Posted by Bearclaw on :
 
State...
No the rules haven't changed. It's just obvious that some folks don't read the opinions they disagree with...They just look for ways to poke holes in it...I'd say the truth lies somewhere in between...
I just get sick of reading the same opinions over and over...I'm looking for something new...and...I expect the new information is close at hand...
 
Posted by state780 on :
 
Well, Bear, at least we have this much in common: We're both old enough to know what a "78 rpm record" is.

And that's just sad.
 
Posted by Bearclaw on :
 
I have 3 boxes of 78"s I picked up at an estate auction last year...I still have a stereo that plays 78's...Talk about being old...

quote:
Originally posted by state780:
Well, Bear, at least we have this much in common: We're both old enough to know what a "78 rpm record" is.

And that's just sad.


 
Posted by state780 on :
 
Very cool. One of these days I'm going to find one of those really ancient machines that plays Edison Cylinders, if you've ever heard of those--precursors to the 78s. I have ten of those cylinders sitting on my bookcase--got them at an antique store some years ago.
 
Posted by ed19363 on :
 
I have an antique wind-up Victrola, and a large supple of needles....and about 4 boxes of 78s, so you guys dont feel old....LOL
 
Posted by buckstalker on :
 
I'm so old, I fart dust...top that!!!
 
Posted by state780 on :
 
stock, do you have a fix on how much VFIN marketed today?
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
stock, do you have a fix on how much VFIN marketed today?

Rough approximation of 70 to 80% or close to 30 million. These guys really know their business. When volume looked light and few buyers this morning they put in a bid to prevent it from dropping. The public(and MMs) felt comfortable bidding with the power and a big inventory of bids built up. Of course, on the close VFIN took out all the accumulated bids for some real size. If they tried to sell all that stock by lowering their offer some panic selling would likely have sent this thing tanking. Smart.

WDCO did the same thing (last sept.)when the stock looked weak. They joined in on the bid, others felt safe and entered bids. On the close he swoops down, cleans out those bids and says 'thank you very much'.

This is an old specialists trick. I used to trade a very thin $140 stock. Every time the specialist made the market 138B 142A 1000X1 it meant he was long and needed to sell. Invariably, someone would try to front run the 1000 share order and buy from the specialist. The 1000 shares would never trade or be seen again and real sell orders would only find a one lot on the bid. Heed the old axiom "markets move to size".

Today you could almost hear the eternal optimists thinking "look at all those .0044 bids including VFIN, this must be real support, time to buy more". Congratulations, you just bought part of a Toyo machine.
 
Posted by StockHunter on :
 
I sure hope this company doesn't have a tight deadline to meet its financing needs. The lower the stock goes, the more shares they have to sell to raise the same dollars. A tight deadline could turn this into a flood of shares and a death spiral. Its encouraging that they stopped selling for a month and that VFIN is trying to stem the rate of decline.

Another positive is the possibility (probability in my opinion) that SEMCO owners are getting some equity participation for thier company. If the terms are already set, they will exert pressure on JT not to over dilute their stake. Of course they could also have clauses that protect their stake in the event of dilution.

Not knowing what's going on really sucks.
 
Posted by rasica on :
 
Did vFinance Investments, Inc. manage your investments?

vFinance Investments, Inc. (CRD #44962, Boca Raton, Florida) submitted a Letter of Acceptance, Waiver, and Consent in which the firm was censured and fined $17,500. Without admitting or denying the allegations, the firm consented to the described sanctions and to the entry of findings that it executed short-sale transactions in a NNM security and failed to report each of these transactions to the Automated Confirmation Transaction Service (ACTSM) with a short-sale modifier. The findings stated that the firm executed short-sale orders in NNM securities and failed to make an affirmative determination prior to executing such transactions. NASD also found that the firm executed short-sale transactions in NNM securities at or below the current inside bid when the current inside bid was below the preceding inside bid in the security. In addition, NASD determined that the firm's supervisory system did not provide for supervision reasonably designed to achieve compliance with applicable securities laws and regulations concerning short sales. (NASD Case #CMS030177)

http://www.broker-check.com/nasdr_data.php?eid=2988&tid=5447 [Eek!]
 
Posted by StockHunter on :
 
Don't read too much into that censure. This is not about the type of naked shorting schemes that prey on pinks that can't survive without financing. In other words, its not a MM shorting a pink for their own account as many on these boards suspect here in PLNI.

This is a MM being sloppy with thier bookkeeping by not properly marking some of the short sales they execute on the NNM. It could also be intentional negligence in policing thier order flow in order to get more orders from certain sources.

In the NNM market, unlike in pinks, it is legal for non-market makers to short these stocks. 15 years ago everyone shorted on downticks and it was almost never enforced. They cracked down in the 1990s as many were abusing the system. While its legal to short these stocks, the trades must be marked as such. They also can not short on a downtick(lower inside bid than previous inside bid). VFINs negligence in compliance allowed the possibility that some clients could get away with shorting stock illegally. While its clearly wrong, it is not that uncommon and usually involves an occassional trade here and there. Of course the lawyer you got that blurb from is hoping someone lost money in one of those stocks and can sue VFIN for aiding that effort.

An example I have seen happen many a time as an options MM. When a flood of call sell orders comes into the options pit, MMs want to sell stock so they can buy the calls. They often jump the gun and sell before buying the calls. If they don't buy enough calls to hedge all the stock they sold, the short sales are technically illegal. In my day, they rarely got caught. The MMs knew that some firms looked the other way and that's where their orders would go. VFIN is a wholesaler taking institutional business, like orders from options MMs, hedge funds, mutual funds, banks, etc...

Bottom line: VFIN failed to mark some orders as shorts and shorted some orders on downticks. Are they doing it here in PLNI for a client. Very unlikely. The occassional order slipping through the cracks gets a $17,500 fine, but allowing hundreds of millions of shares to be sold short every day over several months could cost you your franchise. I'd bet my left you-know-what the VFIN sales come from the Plasticon treasury and are legal to sell on downticks. Hense the increase in o/s and float reported recently.

Tip in looking for short sales(on regulated stocks): If you assume the order is being handled in compliance with the regs, then watch to see if they ever sell on an inside bid below the previous inside bid. If they do, then it has to be long stock.
 
Posted by state780 on :
 
Stock, thanks much for the analysis--and Continuing Ed!
 
Posted by cold_up_here on :
 
The company has successfully completed the privately financed and definitive agreement for the acquisition of Pro Mold, Inc., pending SEC approval.

I believe it should state,'Pending our SEC investigation'. I wonder out of the 5000 investor how many have contacted the SEC & filed complaints?? I imagine it's probably quite a few.

Sarbanes-Oxley Audit- I really don't see it now. Not after the mess the company has created. Too many unresolved issues & loose ends. That's the whole reason for Sarbanes-Oxley, to weed out the bad apples! Bawhahahahahahaha!!!!
 
Posted by state780 on :
 
quote:
Originally posted by cold_up_here:
The company has successfully completed the privately financed and definitive agreement for the acquisition of Pro Mold, Inc., pending SEC approval.

I believe it should state,'Pending our SEC investigation'. I wonder out of the 5000 investor how many have contacted the SEC & filed complaints?? I imagine it's probably quite a few.

Sarbanes-Oxley Audit- I really don't see it now. Not after the mess the company has created. Too many unresolved issues & loose ends. That's the whole reason for Sarbanes-Oxley, to weed out the bad apples! Bawhahahahahahaha!!!!

This is cold's way of saying "Merry Christmas!" [Razz]
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
This is cold's way of saying "Merry Christmas!" [Razz]

Plasticon investors celebrate Festivus for the "Airing of the Grievances".
 
Posted by state780 on :
 
quote:
Originally posted by StockHunter:
quote:
Originally posted by state780:
This is cold's way of saying "Merry Christmas!" [Razz]

Plasticon investors celebrate Festivus for the "Airing of the Grievances".
Love it!

Lots of cryptic messages at rb about new paper. rrm got tos'd for some reason (there were much crazier posters than him, and even as an optimist he posted some really good questions); apparently shad got through to rodney but they're working off private email lists now and not posting much for public view.
 
Posted by StockHunter on :
 
Reading the posts on these other boards has been eye opening. Maybe even life changing. The misperceptions I've been under all these years.

I now realize the root cause of my financial problems.

Its the mailman!

Because of the mailman I have to pay for electricity, two phones, an internet connection, garbage collection, magazines, health insurance, and even the roof over my head. He takes blank paper and makes up bills every day. And I have to pay them. Damn the mailman!

From now on when my internet goes down, or the garbage man doesn't come, or lights go out, or my prescription is double billed I'll file a complaint with the post office. Working together with the utility companies that want to make me rich we'll beat back this postal mennace.
 
Posted by StockHunter on :
 
Stocking stuffer from Jeffrey S. Mitchell at SI board. A must for every Plasticonian's mantle.

http://www.siliconinvestor.com/readmsg.aspx?msgid=21981016
 
Posted by Bearclaw on :
 
Stock...
Come on...Death Spiral...Geeezzzzz

quote:
Originally posted by StockHunter:
I sure hope this company doesn't have a tight deadline to meet its financing needs. The lower the stock goes, the more shares they have to sell to raise the same dollars. A tight deadline could turn this into a flood of shares and a death spiral. Its encouraging that they stopped selling for a month and that VFIN is trying to stem the rate of decline.

Another positive is the possibility (probability in my opinion) that SEMCO owners are getting some equity participation for thier company. If the terms are already set, they will exert pressure on JT not to over dilute their stake. Of course they could also have clauses that protect their stake in the event of dilution.

Not knowing what's going on really sucks.


 
Posted by StockHunter on :
 
Bear,

I was referring to the pps and the effect on our p&l, not whether the company will survive. As I'm sure any logical and realistic investor knows by now, JT and BH are willing to sell shares and dilute our stake for their benefit and with a willingness to deceive investors to achieve their financing needs. In theory they can authorize and issue an infinite number of shares and maintain their own personal stake in the company. But for us, our stake goes down proportionally with the pps. If the pps is driven down dramatically by their treasury stock sales(if they are under a time deadline to raise the money) then you have a 'death spiral'. Our p&l is dead. They can restructure for a higher pps (r/s, r/m, spinoff division in a ratio, etc...) then issue more shares for you to buy, but w/o averaging our chance to profit are all but dead.

The key is whether or not they have to raise a given amount in a tight time frame, and they sure as hell aren't sharing that information with us. The action does not look that way now. VFIN backs off the offer and even supports the bid when buying dries up. That could change, but who knows. We saw a mini 'death spiral' in late Oct/early Nov as the selling urgency increased. They may have been under a deadline with the Toyo purchase or with the aquisitions then.

WTVN is an example of what I'm talking about. Notice the volume increases exponentially as the price falls. The company did a r/s and repeated the process. The company did not die, but the shareholders sure experienced a 'death spiral' in their value.

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=wtvn&sid=0&o_symb=wtvn&freq=1&time=8

Lets assume there is a fairly constant stream of new dollars(new investors and those averaging down) coming into the market each day(fruits of their marketing efforts). The company(through VFIN) can sell stock worth the value of those dollars (less the value of shares sold by longs liquidating) each day and still maintain the same pps. Now if the company has to raise more money than the pps break even level in order to meet a deadline, the pps will decline. Each day the pps falls at an ever increasing rate with an increasing number of shares sold -- "death spiral".

In the interest of avoiding the impression of hyperbole, we can call this phenomenon an "exponential volume increase leading to an asymptotic price decline". Since that's way too long to type, we can use the acronym EVILTAAPD.

Therefore, if the company is under a time deadline to raise funds we could see EVILTAAPD.
 
Posted by BuyTex on :
 
As some of you know, I exited a while back in order to maintain profit; however, I still have hopes for a recovery and so check in here from to time.

And, boy, am I glad...great, informative posts and useful dialog. Keep it up...one of the top threads on the board, imho
 
Posted by downdraft on :
 
Hi,

Just a quick update on PLNI. I have just completed SEMCO's workshop in Las Vegas, very detailed and informative. The SEMCO people are very polite and nice to work with. I also went on a tour visiting some of the locations where SEMCO product is installed.

I feel PLNI is on track and the audit is in the works and will be completed soon. No, I don't know when, but what is important the company is progressing nicely.

JT will get the job done and I feel good about the direction of the company. I know things don't happen as quickly as many of us would like but the foundation is there with PLNI.

I am not going to post anymore on the blogs because of liability reasons and don't want to give misinformation and would like to wish all the best in PLNI.


Good luck,

Downdraft
H. Law

Happy Holidays
 
Posted by state780 on :
 
That makes sense. Good luck, Downdraft.
 
Posted by StockHunter on :
 
Good Luck Downdraft. Semco looks like a real company and may provide some hope for investors as well. I've always felt Semco was too good a company to accept a privately financed non-dilutive takeover as JT has stated in PRs. I'm assuming that was just spin to sell shares.

If the Sems actually were given equity in PLNI(maybe warrants, preferred shares or options) they could put pressure on JT to limit dilution to takeovers and such and not to issuing himself more shares. With the stock down here or lower there could be a reasonable profit potential if they don't issue most of the remaining 2.8 billion available(as of 11/21/05 at least). That may be wishful thinking on my part but its the season for New Years wishes.
 
Posted by TEMPEST on :
 
With all the talk of complaints to the SEC, where does that leave us? please advise honestly..gettin fed up with this stock and worrying about my investment..thinking it was all a big scam! promising the world and returning nothing. it does look a fantastic company when you read up about it, but when you look closer nobody seems to know anything, ie financials etc.
audit news and all that jazz..whats goin on?
does anyone know what the SEC will say?
 
Posted by Bearclaw on :
 
Tempest...
We are all waiting. The Pro's and Con's have been posted on this and other blogs...over and over and over again...No one really knows although some will try to convince folks they do...Until we get some concrete information from the company most of what you read is speculation...IMO
Do your own DD and pull up a chair and wait with the rest of us...Good luck.


quote:
Originally posted by TEMPEST:
With all the talk of complaints to the SEC, where does that leave us? please advise honestly..gettin fed up with this stock and worrying about my investment..thinking it was all a big scam! promising the world and returning nothing. it does look a fantastic company when you read up about it, but when you look closer nobody seems to know anything, ie financials etc.
audit news and all that jazz..whats goin on?
does anyone know what the SEC will say?


 
Posted by lilpennypincher on :
 
Just picked myself up a bunch! Looks like a bottom to me........Up, UP, UP!
 
Posted by StockHunter on :
 
quote:
Originally posted by TEMPEST:
With all the talk of complaints to the SEC, where does that leave us? please advise honestly..gettin fed up with this stock and worrying about my investment..thinking it was all a big scam! promising the world and returning nothing. it does look a fantastic company when you read up about it, but when you look closer nobody seems to know anything, ie financials etc.
audit news and all that jazz..whats goin on?
does anyone know what the SEC will say?

The lack of information makes this a difficult stock to handicap. It does not appear to be a total sham, i.e. there is a company there selling products and making deals. The problem is we are dealing with dishonest and crafty executives who are using shareholders to finance their needs through the sale of shares.

They crafted an elaborate stratagem that succeeding in convincing many shareholders that their authorized and outstanding shares were much less than the reality, and that they were retiring shares. Many believed there was a share buyback in the works that would reduce shares down toward 1 billion. The reality turns out to be a significant dilution that appears to be accelerating today.

Since we don't know their financing needs or timeline, it is a very difficult guessing game judging value. Some people have filed complaints with the SEC but its hard to tell if enough noise is being made to move a pink high enough in priority to get anything done soon.

My discussions with the SEC were not too encouraging. Ideally, they would ask the company to clear the air and press releases would soon flow, but that is not how the process works. If they decide the company's actions constitute a sufficient violation of shareholder trust or violation of law they can halt trading. Problem is, the halt would be for 10 trading days. It does not sound like there is a middle ground.

The best we can do as investors is to not only file complaints with the SEC, but make sure to contact the company and let them know we are doing this. They did relent and give out some updated share information, but only when pressure was applied.

Companies that aggressively market their shares and refuse to give out up to date share information can have their quotes blocked(no L2s, just delayed bid/ask) and a message posted stating the reason. That risk spurred them to give us information, the same thing can happen if they fear the SEC may halt trading. The company must be made aware when people file complaints. That could get them to voluntarily go for the lesser of evils, telling us the truth now.

Wish I could be more helpful, but we're all in this same boat.

BTW, there is talk on other boards that this selling is tax loss related. Most people do not wait until the last moment to take tax losses and its not likely many pink investors have big gains to offset since most pink stocks go down over time.

GLTA
 
Posted by Bearclaw on :
 
Tempest...
Stock has posted the same post over and over again...He's called Turek a liar thief in a hundred different ways...This is the speculation I mentioned from one side...

I'm sure if you look over the prior pages of this site you'll find the speculation from the other side....claiming Turek and his pals are the second coming...

No one really knows...do your own DD and make your own decision IMO...I'm averaged at .00682 and all are now free shares from swing trading since the spring...so I'm happy in that this stock moved in a way that I was able to do that...
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Tempest...
Stock has posted the same post over and over again...He's called Turek a liar thief in a hundred different ways...This is the speculation I mentioned from one side...

I'm sure if you look over the prior pages of this site you'll find the speculation from the other side....claiming Turek and his pals are the second coming...

No one really knows...do your own DD and make your own decision IMO...I'm averaged at .00682 and all are now free shares from swing trading since the spring...so I'm happy in that this stock moved in a way that I was able to do that...

Bear, please refrain from slandering me.

What would be an example of a post where I said Turek was a liar? I don't believe I've said that, though I've been at a loss to explain his behavior.

Matt Maguire of Big Appple, yes. He lied when he told me the a/s had been 5 billion for at least five months, this about a week after the secret a/s in Wyoming that increased the a/s to 5 billion.

Indeed I have posted some speculation,but most of what I posted is independently verifiable. That includes the broken promises about audits, the lack of confirmation about promised semco and promold closings, a promised video tour that never materialized, the most recent PR whose content directly contradicts the misleading headline (about the ProMold acquisition being completed) etc. This is what I mean by "evidence." The above list is not speculation, it's corporate history, a record that can be accessed by everyone, and which accounts for the rational pps decline.

On the other, optimistic side, there is much more speculation,as there must be; the rosy scenarios, which as a bagholder I would welcome, depend on positive outcomes that have not yet materialized.

If you want to see me repeat the long list of PLNI's failings, a good way to produce it is to misrepresent what I have actually said.
 
Posted by lilpennypincher on :
 
Did I mention.........I just got some. LOL and Tee-hee-hee!

Hey Bear...........!

Guys......looks like bottom here. It's gonna' go up. Play it! I am!

LOL, good luck all!
 
Posted by Jelly on :
 
And here she goes!!! I'm getting some. The chart looks great.
 
Posted by Bearclaw on :
 
State...
I don't see you mentioned in my post...Interesting you would incorporate yourself and your views from that???

Unless you are both Stockhunter and State780...now that would be misleading...
 
Posted by lilpennypincher on :
 
Jelly was that your $10,000. buy? LOL

Nice hit above the ask!
 
Posted by Bearclaw on :
 
Hey Lil...Jelly...
Welcome to the rollar coaster...I hope you folks timed it right...That was the second hit above the ask...same amount of shares at .0044 as 11:02 this morning...
 
Posted by Jelly on :
 
I think you asking that is a little out of line Lil. LOL If I had 10K to spend on one stock, I think it'd be somewhere else lol
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
State...
I don't see you mentioned in my post...Interesting you would incorporate yourself and your views from that???

Unless you are both Stockhunter and State780...now that would be misleading...

Yikes, my apologies. Read too fast.

That being said, stock has provided the most original DD on this board, and truth be told has been less repetitious than me.
 
Posted by lilpennypincher on :
 
LOL, I think I'm timing it just right!

NOW RUN BIT*H RUN!!!!!!!!!!!
 
Posted by Bearclaw on :
 
Apology accepted...
Stock has provided the most posts of the same slant of PLNI...that being that Turek is a liar and a thief...and...interestingly that agrees with your point of view...

All I was telling Tempest is that
NO ONE KNOWS WHAT IS GOING ON...NO ONE!!!
and told him to do his own DD and make his decision to...
Buy...Sell...or Hold
 
Posted by lilpennypincher on :
 
BID UT folks........! lets play!
 
Posted by will on :
 
Of course no one knows, because the company hasn't benn forthright and forthcoming with facts. However, the preponderance of evidence would lead a reasonable person to believe that the PPS is suffering from dilution.
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Apology accepted...
Stock has provided the most posts of the same slant of PLNI...that being that Turek is a liar and a thief...and...interestingly that agrees with your point of view...

All I was telling Tempest is that
NO ONE KNOWS WHAT IS GOING ON...NO ONE!!!
and told him to do his own DD and make his decision to...
Buy...Sell...or Hold

thanks for accepting the apology.

Stock and I have a similar attitude as far as comparing pledges to performance, so no surprise there.

Anyway that post of mine ranks as my most stupid of 2005, and just in time before the end of the year!
 
Posted by lilpennypincher on :
 
Hi will.............ROFL!
 
Posted by Bearclaw on :
 
Lil...
You have any method to back VFIN off? I've been looking at his butt too long...He's been sitting on the ask like a lump on a log...A concrete PR is needed from PLNI..Oh..
I backed off PBLS...playing GXFX instead...How about you?


quote:
Originally posted by lilpennypincher:
BID UT folks........! lets play!


 
Posted by state780 on :
 
FWIW from Ihub:

quote:
For what it's worth, I just got off the phone with Rodney and he told me the PR's concerning the acquisitions, audit & app. and the share restructure are "imminent". He has seen the drafts and is still expecting them to be released prior to the end of 2005. I know this means nothing until they are released and the info made publicly available.
From one "Zoro."
 
Posted by Bearclaw on :
 
State...
I've heard imminent, soon, pending, in the near future...hahahahahaha

I'll believe it when I see it...I'd like to see it today before 2:00 PM...Wonder if that's imminent enough?

quote:
Originally posted by state780:
FWIW from Ihub:

quote:
For what it's worth, I just got off the phone with Rodney and he told me the PR's concerning the acquisitions, audit & app. and the share restructure are "imminent". He has seen the drafts and is still expecting them to be released prior to the end of 2005. I know this means nothing until they are released and the info made publicly available.
From one "Zoro."

 
Posted by state780 on :
 
Yeah, me too, 99.9% of the PRs come out at 8:30 a.m. or sometimes 9 a.m. I think I recall one PR that came out mid-day, but if I'm not mistaken that was after another had already come out before the market opened.
 
Posted by lilpennypincher on :
 
I can go shoot em' Bear......That's bout' it. LOL

Got in UAMA and it's moving sweet.

This looks like a good bottom for a quickie.
 
Posted by StockHunter on :
 
There are a number of PLNI boards where emotional vents and personal attacks are the norm. Lets preserve one board for an informed discussion of the facts.

Facts:

August PR stated they were retiring shares, but failed to say what the share structure was. They said this was the biggining of a program to reduce shares and add shareholder value. PRs and BAC have alluded to share buybacks.

Company updated(on pinksheets) the # of shareholders, o/s and float shortly afterword, but failed to update the a/s leaving it at 2.0 billion when in reality it was 3.0 billion. o/s was changed to 1.8 billion, exactly 200 million less than the inaccurate 2.0 billion a/s listed on pinksheets. 200 million is the exact number of shares they claimed to retire in PR(coincidence?). BAC told investors a/s was 2.0 billion, and after the increase to 5.0 billion was discovered, BAC changed reps and the new rep continued to tell callers the a/s was 2.0 billion. Turek had been informed of this and did not stop them from giving out this false information or fire them. In fact, some are reporting JT and BH actually met with BAC recently.

Company stonewalled pinksheets on updating share structure and when they did finally give out new numbers, they left out the increase in a/s. That info had to be retrieved from WY SOS.

During this time we now know the company issued hundreds of millions of shares and a single seller is agressively selling tens of millions of shares daily.

I said they were dishonest and crafty. I'm amazed there are still some who question this assessment. How was this selective manipulation of information honest? Was this not crafty?
 
Posted by Bearclaw on :
 
Stock...
That was not a personal attack on you. I simply stated to another investor that you call Turek a liar and a thief in a variety of ways. I then said there are others who see Turek as the second coming. I then said no one knows what management is doing. NO ONE!! I further advised him to do his own DD and decide.
This statement is pretty darn accurate.
 
Posted by StockHunter on :
 
Politicians often released bad news on fridays to get the minimum amount of exposure. People were busy enjoying their weekend, not reading/watching the saturday news. I'm not so sure a flood of PRs at year end bodes well. I'd rather see them Jan 3rd when everyone is watching.

If they expect pushback on what they have to tell us, look for the PRs on December 23rd.
 
Posted by mbmaid on :
 
I keep adding and adding...I can't believe it's this cheap. The company's fundamentals have not changed. This is so much more of a company than it was when the price was .0175. I truly believe we're in for a HUGE knockout punch here.
 
Posted by state780 on :
 
I report, you decide. Kempoma at rb:


quote:
Jimbo is selling, and that came from Rodney.
Zoro again at Ihub:

quote:
Last time I spoke with Rodney he waffled on whether or not the share restructure plan would be announced before the end of the year and indicated they were still working on its details. Today when I asked if all three of the pending issues would be addressed he hesitated and said he had seen drafts on several issues and when asked confirmed that "several" meant more than two. He also said he had probably said too much at this point. My take is that the share restructure plan has been or still is a work in progress and that the other matters already setled have not been announced for reasons related to the restructure.

Speculation alert: I can imagine a scenario where Turek has been selling for whatever reason, with PRs held up until his sell was completed. It could be a situation where selling/dilution would be bad news, but with countervailing good news in semco/promold closings and, I dare not dream, an actual audit completion. Even if this scenario is close to reality, the unknown factor is how big the current dilution is and how good the good news really is.

Anyway it would help explain why we haven't heard anything official (other than the odd promold non-announcement) for a month or more.
 
Posted by StockHunter on :
 
quote:
Originally posted by mbmaid:
I keep adding and adding...I can't believe it's this cheap. The company's fundamentals have not changed. This is so much more of a company than it was when the price was .0175. I truly believe we're in for a HUGE knockout punch here.

When the stock was .0175 there were a lot fewer shares representing the value of the company. While the fundamentals of the company may not have changed much since then, the percentage of ownership each share represents continues to shrink. VFIN has sold at least 40 million shares today and who knows how many more to come.

As long as this company remains on the pinks there is no limit to how many shares they can print, and therefore no real protection to our share of the company. Its an added risk to averaging down that investors in transparent companies don't have to worry about.
 
Posted by StockHunter on :
 
Thanks for the info and spec State.

Clearly, they can't give us all the info we want until they're done selling shares. They more than likely have to raise a given amount of money, not sell a given number of shares.

If they don't have a hard wired year end deadline to complete the sales and issue all PRs, the timing will depend on how long the sell program takes. It would be foolish and irresponsible to accelerate the sales and force the stock lower just to meet a self imposed time line.

If they had a really great story to tell that would propel the stock higher even with the disclosure of all their financing needs(through stock sales), they probably would have released these PRs before selling the shares. It would be foolish to do otherwise. That's why I'm concerned about the magnitude of the good news offset.
 
Posted by Bearclaw on :
 
How did you calculate approximately 80% of todays volume (40 million shares) are sells by VFIN?
I don't see that at all...
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
How did you calculate approximately 80% of todays volume (40 million shares) are sells by VFIN?
I don't see that at all...

I missed the early trading so maybe some big blocks went elsewhere, but since Dcc 13th the vast majority of the trading was on their offer. Since 10am ET over 15 million traded on thier offer or when they whacked the bid making it their offer. Most of the sales the hour before were on their offer, but I don't have the count available anymore since my t&s is a drop off scroll, not a day long history. Most of the days volume occurred before that. If the big blocks on the close were by them (my guess), that's another 11 plus million. Whether they did 40 million or 65 million for the day its still a ton of dilution and there is no signs they are backing off.
 
Posted by state780 on :
 
I'll say this: VFIN was inside on the Ask for most of the day when I was checking.
 
Posted by StockHunter on :
 
quote:
Originally posted by StockHunter:
[QUOTE] Since 10am ET over 15 million traded on thier offer or when they whacked the bid making it their offer.

That should read "since 1 PM ET". Gets confusing living on the left coast some times.
 
Posted by will on :
 
Do you need much more evidence than 80M traded with new 65 day low of .0039. with a given MM sitting the ask MOST of the day to make a reasonable case for dilution continuing ?
 
Posted by Bearclaw on :
 
Posted on another board...The opposing view...

"JT isn't selling according to my information. You don't think he would have gone through 18 months of SOX audits, and get near the submission and intentionally corrupt them with insider sales do you? I can't believe people would be spreading such garbage."
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Posted on another board...The opposing view...

"JT isn't selling according to my information. You don't think he would have gone through 18 months of SOX audits, and get near the submission and intentionally corrupt them with insider sales do you? I can't believe people would be spreading such garbage."

Thanks for the info, Bear. Does the poster note where his information is coming from? Kempoma at rb, whom I admit I don't have an opinion on, says he got his Jim-is-selling info from Rodney, PLNI's IR at Big Apple. This is admittedly third hand but seems easy enough to check.
 
Posted by StockHunter on :
 
I doubt JT is selling his personal shares unless to meet his bankruptcy obligations. In that case he could just issue himself replacement shares.

I believe JT is trying to get rich by growing his company and wants to maintain equity control and as high a stake as he can manage.

The shares being sold are almost certainly coming from the Plasticon treasury, whether directly or indirectly. What the reasons for the sales are - buying machinery, making acquisitions, meeting obligations of the bankruptcy court, bringing in new management, other expenses, whatever -- doesn't change the fact that its killing the pps and is being done in a less than straightforward manner.
 
Posted by Bearclaw on :
 
State...

He does not say...he just speculates..No one knows what is going on. I just posted it because folks aren't posting the opposing view here anymore. Private e-mails and other sites carry that information. To assume and then post as fact is just as irresponsible as folks claim Turek is...thus statements like my sources or third party..

No one knows that the shares carried by VFIN are "almost certainly" from the Plasticon Treasury...These statements are without fact also. My concern today is that folks buy into Stockhunters speculation as fact. Calling the SEC encouraging folks to file complaints makes me wonder about the agenda..."JT is trying to get rich" and the 40 million shares diluted statement at 2:30 ET are without fact.

These statements are a smoother way of calling Turek a liar and thief...a consistant position stated on this thread but without fact. Some days, like today, I just get sick of listening to it...

[ December 19, 2005, 19:48: Message edited by: Bearclaw ]
 
Posted by state780 on :
 
Glad to get the additional info, Bear; the "agenda" comments I would take issue with. You're right that we can't know with judicial precision exactly what VFIN has been up to in recent days--e.g., the source of their shares--but Stock has a good track record. I believe he was the first one here to note VFIN's earlier massive marketing of PLNI shares, at which time he surmised dilution was under way. Some commenters derided those observations as bashing or short-inspired, but events proved him right when PLNI admitted to the dilution (the recent release of higher o/s and float numbers).
 
Posted by Bearclaw on :
 
State...
I think Stock has useful information. It is however one sided...Remember that he called a rep at VFIN who told him that MM's don't short 99%+ of the time...Now I've got real estate in the Everglades if you buy that. I don't think anyone who trades in pennyland believes that.

Agenda pertains to motive. It would seem making a point a few times is good work. But posting the same personal comments about Turek daily with the same theme prompts the agenda question.

The below was posted at 7:15 on another site. The bashers are out in force and here's a reply...to the Turek is a liar and thief crowd..

"You know the buttheads, ..Any port in a storm. ..Clearly Uncle Jim is selling to support his nose-candy habit. TelcoBlue will be merged with MLON then R/M'd with CMKX, and we will all get gold bars and a secondary dividend in UNQT shares. Bubba Willy is taking a job with the U.N. peacekeepers in Mogadeeshu as a HumVee driver. 747s and the Space Station are going to crash into the HQ in Lexington, KY. Semco is a front for the CIA's secret jet fleet. And, "..sly&pizzed.." is going to make a hostile take-over Bid for PLNI financed by NITE using QBID stock as collateral."

"...And, a parrrr-triii-iiidge innnnnnnnaaaa pear treeeeeeeeeeeee...............

John :-)
 
Posted by state780 on :
 
Bear, that's courtesy of jhollen, aka best by design, aka yellow submarine. First became attuned to his value in October when he derided posters for being concerned about the secret 5 billion a/s filing and assured everyone an explanation from PLNI would be forthcoming the very next Monday or Tuesday. There's no worse signal-to-noise ratio on the boards.
 
Posted by StockHunter on :
 
I don't want to drag this board down to the level of RB or SI by being egged on with my words being twisted and amplified, but some things need clarification.

First, no one is claiming MMs don't short stock 99% of the time. They can and do short to make a two sided market every day. Otherwise, a stock with consistant buying pressure would eventually be many bids with no ask. My contact at VFIN used 99.9% to make his point about illegal naked shorting. Certainly anyone who reads a BB is familiar with exaggeration. Maybe its 98.3%, who knows, but its close.

The shorting I was referring to is the organized, illegal naked sales of many shares, building a position and swamping the normal volume and driving the sales south. The intent supposedly is to force a company with no intrinsic value, and no other way to remain afloat but to finance with shares, out of business. Do a search on naked shorting on the BBs and check out the stocks. Almost every crappy stock on its way to zero is filled with angry investors blaming it on MMs naked shorting because their company is too good and too honest for it to be anything else. The management loves to play into the excuse.

Sometimes a cigar is just a cigar.

Those inclined to raid a company's value by naked shorting it into the ground have a world of crappy stocks to pick from. Logic would indicate they'd avoid taking on any company with intrinsic value or a method of fighting back. If 1/4 of what this company says about itself is true the naked shorters would be playing with fire. A news announcement(audit, OTCBB, for example) could blow them out of the water. A white knight could take them over in one fell swoop.

Anyone who believes in logic and the possibility that VFIN and WDCO are naked shorting this stock must also believe the company has no prospects.
 
Posted by StockHunter on :
 
The few regulars left on this board do a very good job of DD and contribute valuable debating points. Yes, points do get repeated, but both side do this. For the most part we have avoided the crazed hyperbole copied over from the RB board. Over there it seem you either have to be 100% in love with the company, its prospects and executives or the exact opposite. Attempts at reasonable argument are requoted, misquoted and amplified turning it into a "you're either with us or the enemy" attitude. That might apply in the war on terror, but this is just a penny stock investment.

Lets perserve this board for those who speak with an indoor voice. We all want to make an honest buck. No one is paid by the company to pump the stock, and no one is paid by naked shorting MMs to bad mouth the stock. No hidden agendas. We just don't always see things the same way. Now lets continue the debate...
 
Posted by BuyTex on :
 
SH, as I've posted, this is a great thread; good reading even for those not following PLNI.

Do peeps gets testy sometimes? sure--lotta dough in play...

Also there's the feeling of watching something "get spoiled." I know my hackles raised the first time I talked to "the new guy" at Apple, even though he was supposed to be the next big thing, hot on the heels of running HISC.

Anyway, you contribute a lot, as do some of my pals here. Remember, lottsa folks read without comment, and all you good posters have valuable insights to share...

my two cents, fwiw...
 
Posted by StockHunter on :
 
Thanks BT.

Tomorrow is my last day posting/reading for a while. Going to visit family and they don't even have internet access. It'll be frustrating, but nice at the same time. We all need a break once in a while. Of course, they may release all sorts of crap while people are busy with the holidays. Better leave a .0015 bid and a .015 offer in GTC just in case.

Ironically, I'll be just a few miles from BACs offices. Wonder if I should pop in and say hello?
On the other hand, ...maybe not. Would not expect the red carpet treatment given our previous conversations ;-)
 
Posted by BuyTex on :
 
Safe travels and happy holiday...
 
Posted by Bearclaw on :
 
Stock...
If that's what you really want than why not consider not calling Turek a liar and a thief?
Can you make your arguments without the personal attacks on Turek? You have stated clearly and repeatedly your thoughts and feelings about JT and others.

You want this thread civil than knock it off. Buy Tex is right... folks have a lot invested in PLNI and Turek and those personal comments cloaked in assumpions about him raise a wild hair...Your words and intent was never twisted by me...You want to claim the high road then walk the walk and talk the talk...

"I don't want to drag this board down to the level of RB or SI by being egged on with my words being twisted and amplified, but some things need clarification."
 
Posted by Bearclaw on :
 
You would have to be posting on SI to know that...I didn't know Jhollands other names buy the way...
I post there as Bearclaw...what name do you use?

quote:
Originally posted by state780:
Bear, that's courtesy of jhollen, aka best by design, aka yellow submarine. First became attuned to his value in October when he derided posters for being concerned about the secret 5 billion a/s filing and assured everyone an explanation from PLNI would be forthcoming the very next Monday or Tuesday. There's no worse signal-to-noise ratio on the boards.


 
Posted by Grynder on :
 
Stockhunter,
Thanx for all the hard work and DD. Your information and opinion are very much appreciated by me and I'm sure many others on this board.

G.
 
Posted by George on :
 
Anyway guys.....any new info on PLNI...I have been out for a while and I was up when I got out. Looking to get back in if this is going north.
 
Posted by Chopper on :
 
Good Morning Longs and shorts alike.

This trading pattern we are still in is synonymous with the pink market. No new PR or industry related news, the flippers, swingers or day traders have long left, the weak get tired, sell and leave as their threshold of pain is reached. The short interest mm’s play the game with just the right mix of Vapor shares to drive the stock price down looking for new weak hands to accumulate more shares on the way down. Should Jim ad more shares into the float for more equipment this could drive the price down as well along with the shorters taking advantage of that prime opportunity untill significant material events are announced.

As much as I would love to hear that someone has the inside scoop with great predictions of PR's forth coming, the fact is no one knows when they will be released or what will be in them. Jim will not let that cat out of the bag for any stock holder and violate SEC rules. PERIOD! IMO as stated before material events should flow in this next 30 day time period using today as a reference point.

So what exactly is the point to this bash fest being conducted in the last several weeks? Most is seasoned with half truths or down right lack of any DD on the company. Any little negative is multiplied exponentially into the doom and gloom scenerio with the CEO running off with diluted cash coffers stuffed with stockholders money to Cancun. I should only guess that some feel that they may be the New breed of brilliant thinkers or seasoned stock gurus. Maybe they have the god syndrome thinking they should save all the unsuspecting from imminent DOOOM. Or maybe a group of opportunists thinking they will buy up the weak shares on technical lows… But more likely a group of minimum wage folks that are employed by certain MM’s to shake the market Tree as hard as they can so they can scoop up any shares prior to an impending run , whether it be a technical or a true PR run on the horizon. This is observed as fact in the Exact Same multiple postings using multiple aliases on EVERY board on the internet!

I really try not to pump or bash any stock. I happen to like this company but only after exhaustive DD on my part. I have called Every principle party related to this company going back years. IMO the SILENT period is due to the total SOX audit package and has been a stopping point for some very important reasons.
The sudden and opportune timing of 2 acquisitions made by Plasticon in the early stages of their audit. These 2 companies had to have due diligence performed prior to purchase and once that had been done and all claims verified by independant Labs, technical sources, vendors, lean holders, ect.. and Plasticon then an SEC SOX Audit was ordered to seal the deal on EACH company. My instincts and DD tell me that they are complete and the purchases are complete. I further believe that the Overall SOX Auidt for Plasticon has been submitted to the SEC and the tweeking period is underway between the SEC and Plasticon. Upon Audit approval by the SEC the following uplisting forms will be in play and left for the SEC to give the Official OKIE DOKIE for Uplisting.

On the brighter side as well.... IMO we will also see more contracts gearing up for the spring construction season. These orders always come months in advance for scheduling and availability.
Do your own due but in my opinion we are in a great opportunity. Just stinks that the market forces have been in play to the downside.

Peace on the boards Good Luck to All.
 
Posted by state780 on :
 
I stop reading anything these days with the phrase "bash fest."

And Bear--I don't *think* I've posted at SI, though I read it. I've posted a few times at Ihub under state 7800.

GLTA, on another PR-free day, and especially to Stock. I don't think I've ever seen as much honest, non-hysterical DD on a pink board.
 
Posted by Bearclaw on :
 
Come on state...
You just gave homage to Stocks honest posts...why not be honest yourself? You disagree with Choppers post and fear when he said "bash fest" he was including folks like you and stock. I don't think that's true.

I do think there are a number of folks who disagree with the two of you. Anyone not agreeing with your assesment of Turek being a liar and a crook are labeled hysterical in their posts? Come on...
I thought you guys wanted civil discussion. Choppers post was well thought out and he made several good points...it just didn't agree with yours.

quote:
Originally posted by state780:
I stop reading anything these days with the phrase "bash fest."

And Bear--I don't *think* I've posted at SI, though I read it. I've posted a few times at Ihub under state 7800.

GLTA, on another PR-free day, and especially to Stock. I don't think I've ever seen as much honest, non-hysterical DD on a pink board.


 
Posted by Chopper on :
 
And nearly 90% of the comments on the boards are meerly conjecture with the lack of pr's or solid evidence from reliable sources..
If your not reading the posts with the words "bash fest"... Stop replying to them.
 
Posted by state780 on :
 
The reason I stop reading posts with the word "basher" in them is that they're generally content-free and I don't have the time. Elaborate inferences about alleged bashing tactics are unnecessary given the company's performance. That is the reason for our collapse. If a poster finds new positive DD then I'll be overjoyed to read it.
 
Posted by Bearclaw on :
 
Oh come on State...Collapse?
This company is producing and selling product.

You guys are so negative that any positive DD would drown under the weight of the gloom and doom. PLNI bashing is the new sport on the blogs recently. Chopper is just acknowledging that fact.
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Oh come on State...Collapse?
This company is producing and selling product.

You guys are so negative that any positive DD would drown under the weight of the gloom and doom. PLNI bashing is the new sport on the blogs recently. Chopper is just acknowledging that fact.

By "collapse" I'm thinking of the 71% decline in pps since I bought in back in May. I was thinking before, this must influence our respective tones--IIRC you're averaged in around .0068? That's good, and I sincerely hope you make a lot of money. You can see where I'm coming from when a 300% increase from the current position would still leave me underwater.
 
Posted by Bearclaw on :
 
Yes I do see that. I happen to think that this stock has the potential to blow past your entry.
I believe when the smoke clears that your entry point will be a PPS that folks would wish they had.
If we are in the Accumulation phase with PLNI then the next phase is the Breakout and then the Uptrend. This company has the potential to run through these phases hard and fast.

The trading method for this period is what I'm focusing on. I see these phases kicking in as PLNI starts to release the PR's giving us the concrete information we have been expecting and waiting for.

I was trading this stock in the .014-.019 range. I just got lucky on my swings and was able to accumulate effectively. There are traders who's position is similar to yours and traders that got in this past week. The nature of trading in pennies. I hope you make bank also.
 
Posted by Bearclaw on :
 
VFIN is on the ask now...He had nothing to do with the first 8 million shares...the other MM's are on both the bid and ask...walking it down
 
Posted by DQ. on :
 
Well it's kind of a sad day to me. I bought this in June of 04 at .0033 and looks like we are going to be there again now. I need to learn to trade better but my crystal ball is fogged. I should have sold in the .019 area and made about 20 grand instead of riding it all the way back down but I'm a patient man. I'll try to pick up some more now and get ready for next springs big (we're completing our audit) campaign.
This is a good company and it will make us all some bank.
I thought by this year end we would be at .20 by now but I'll take that by this time next year when Turek has all his ducks in a row. Till then pick up what you can and fasten your seat belts.
Merry Xmas all!!
 
Posted by will on :
 
VFIN must have needed a coffee break from swinging that machete. Another 8M in about 20 minutes.
 
Posted by Bearclaw on :
 
None of this is VFIN...The players now are Nite, ETRD and TASL...Vfin has been sitting back...not a player today ...Yet...

quote:
Originally posted by will:
VFIN must have needed a coffee break from swinging that machete. Another 8M in about 20 minutes.


 
Posted by will on :
 
Good sign then. That "Yet", makes it a little uncomfortable though. I might join you soon, Bearclaw.
 
Posted by buckstalker on :
 
That "YET" just ended...VFIN is back on top of the ask....I am looking to re-enter myself, but not quite "Yet"....
 
Posted by Bearclaw on :
 
He came in after 25 million already traded...Let's see if they move him out soon.

quote:
Originally posted by buckstalker:
That "YET" just ended...VFIN is back on top of the ask....I am looking to re-enter myself, but not quite "Yet"....


 
Posted by shortnite on :
 
The 10Q on TBLU is some interesting reading. Sounds like Turek has alot of shells in this game.
 
Posted by Bearclaw on :
 
Yepper...especially since the SOX Audit was done on the whole kit-n-kaboodle...

quote:
Originally posted by shortnite:
The 10Q on TBLU is some interesting reading. Sounds like Turek has alot of shells in this game.


 
Posted by StockHunter on :
 
From TBLUE 10QSB dated 12/20/05:

III.
RELATED PARTY TRANSACTIONS


As of September 30, 2005, telcoBlue, Inc.’s liabilities exceeded its assets by approximately $1,900,000. On September 20, 2005, Plasticon International, Inc., a Wyoming corporation, (formally Wicklund Holding Company (“WHC”)), forgave a debt of $140,507 owed to WHC by telco Blue, Inc. James N. Turek, the President and CFO of telcoBlue, Inc. is also the President of Plasticon International, Inc. and WHC. During the period ended September 30, 2005, the Company has used cash in the amount of $219,247 in its operating activities. These monies were lent to the Company by LexReal, LLC, a Kentucky formed LLC, of which James N. Turek is the Operating Manager.

Question: Are there any limitations to JTs ability to lend money to TBLUE or any other entity he controls from PLNI? In other words, can he lend TBLUE money from Plasticon to cover part of the $1.9 million debt of Telco Blue? Since he forgave the previous loan to TBLUE from Plasticon(Wicklund) there could be a risk this will happen again. His other ventures(that I'm aware of) are either defunct or not fully reporting so we're not likely to find out about any such transactions unless(until) we get the Plasticon audit or the next one from TBLUE.
 
Posted by StockHunter on :
 
More from the TBLUE 10QSB:

"Subsequent to September 30, 2005, the Company has been in on-going discussions regarding the acquisition of ATG Sports Industries, Inc. No formal letter of intent has been executed to date, and the discussions are on-going."

Wicklund planned on taking over the same company over 2002.

http://www.bizjournals.com/wichita/stories/2002/08/19/story6.html

Wichita sports surfacing company to be acquired by Kentucky holding firm

Jerry Siebenmark

A Wichita company that develops and installs artificial surfaces for a variety of sports is being purchased by a Lexington, Ky.-based company.

Wicklund Holding Co. has signed a letter of intent to acquire ATG Sports Industries Inc. of Wichita at 4033 N. Woodlawn. No price is being disclosed on the transaction, which is expected to close in September.

Wicklund officials say ATG's prospects for growth and its top executive led them to the acquisition.

"We were as interested in the company as we were in the owner, Paul Driver," says Jim Bonn, Wicklund's legal counsel. "He's a very bright young man."

cont'd...

I don't have time now to look this up, but I think Paul Driver may have been listed as a shareholder in one of PLNIs documents. Anyway, he's one more person to follow for clues into what's going on. Clearly JT has a long running relationship with this fellow and his company.
 
Posted by jibber39 on :
 
I just can't imagine that PLNI is going to hit bottom here. There def heading in that direction...Im like some of you guys who have bought in at .01. I can't sell and can only hope that this thing does a major turn around. Also, you guys should quit it with all this bashing back and forth to each other. The only reason why we are all being so aggressive to each other is the lack of communication from the company. At this point we can only keep our fingers crossed and hold, or get fed up and sell. Either way lets keep this board clean and informative. I have learned so much from this board and would like to keep it that way. Happy Holidays to all and hope we all get a nice new years present from PLNI....
 
Posted by ed19363 on :
 
IMHO, it's time to quit with the acquisitions and get down to business....all this means is that they will continue to dilute to raise cash for ANOTHER acquisition. And probably end up going broke.
 
Posted by Chopper on :
 
From the Green Baron.

Wednesday, December 21, 2005

Happy Holidays

Bah Humbug?

Low priced stocks have not fared well over the past few months, and we are anxiously anticipating what we expect will be one of the greatest “January Effects” we will ever experience. We have spoken at length about The January Effect in previous updates. In short, it is a phenomenon that occurs when low priced stocks are sold for tax reasons at the end of the year only to bounce up significantly in January.

Our favorite stocks for The January Effect include China Media 1 (BB: CMDA), Astris Energi (BB: ASRNF), ImageXpres (BB: IMJX) and Plasticon (PK: PLNI). All these stocks have languished over the past several months, but all appear to have very bright futures with recent positive news announcements and developments. We also believe there could be blockbuster news from each of these issues in January. We will review the results of these stocks at the end of January to determine how big The January Effect had on their prices.
 
Posted by BuyTex on :
 
great...that's nice to see, Chopper
 
Posted by state780 on :
 
With the Green Baron, not to mention PLNI, it's always about "soon" "imminent" or my favorite, "next month."
 
Posted by mbmaid on :
 
FWIW, I just received a call that good news is coming. If the uptick is any indication, we might see some action today. Will try to find out more.
 
Posted by buckstalker on :
 
A call...from who???
 
Posted by ed19363 on :
 
Ed McMahon maybe?
Probably won a million.
 
Posted by Doctoall on :
 
quote:
Originally posted by mbmaid:
FWIW, I just received a call that good news is coming. If the uptick is any indication, we might see some action today. Will try to find out more.

Yea we have had a number of these post on this thread, we need "solid" DD [Big Grin]
 
Posted by mbmaid on :
 
Stockhunter is the SOLID DD man, I only go by what I hear. Which is probably why I'm down a chunk on this one...but it's looking good right now. Let's see what hapeens.

GLTA
 
Posted by FatherOfTwo on :
 
I am back in..... 1 million in parital fills between .0040-.0042!

This baby is oversold and ready to move! Too many good things happening here! I don't want to miss the ride!
 
Posted by state780 on :
 
I spoke with Rodney at Big Apple. Nothing much new--mainly it's what you seen on other boards. Rodney confirmed that he still expects PR/PRs before the end of December on Semco, on share buyback/retirement, on the filing of the financials, and on the possible uplisting to OTCBB. I'm not saying that he said Plasticon would announce all those things are completed or will definitely happen, or that any of them won't--that IMO anyway would amount to a pre-announcement announcement. But he said he expects the PR/s on those items.

On Promold, I'd say he characterized the pending-SEC-approval business as more of a routine thing because, as other boards have noted, Promold was traded at one time on OTCBB.

He has no information that suggests Turek is selling shares. I'm afraid my notes aren't as precise here as they should be; I recall his answers here being pretty straightforward--I'm not doing this part of the conversation justice. Just bear in mind that he's only relaying what the company is telling him. When I mentioned people wondering where the heck VFIN & others are getting all these shares, he said "well, the float is 690 million [as of whenever that info was updated], that's a lot of shares."

I asked specifically whether the lack of any PRs (other than the cagey Promold announcement) over the last month was related to an SEC "quiet period," as has been claimed by some posters, and he said it was not. He said other than an IPO, he's unaware of a situation that requires a virtually total blackout, and said he was aware of another company that was in the midst of an OTCBB uplist filing that was still putting out PRs. There are some things you can't talk about, but lots of things you can. In any case he said the lack of PRs recently is not the result of an SEC quiet period.

He confirmed meeting with Turek last week, and said he was upbeat. Of course I wouldn't expect Rodney to say Turek was staggering around the office weeping Oh the humanity... .

Plasticon's record unfortunately speaks for itself , but Rodney struck me as very professional, a big improvement over Maguire.
 
Posted by Doctoall on :
 
quote:
Originally posted by mbmaid:
FWIW, I just received a call that good news is coming. If the uptick is any indication, we might see some action today. Will try to find out more.

Here we go again, rumors that make this a pump and dump. Investors need to take warning that this has happened twice in the past 30 days. [Big Grin]
 
Posted by U4TSAF2 on :
 
BOY WHAT A GREAT COMPANY.

SO MANY OF YOU TALKED TO "HONEST" JIMBO ON THE PHONE.

THIS WORKING, THIS UPGRADE, THIS VALUE, THIS MERGER...

WE'RE REDUCED OPERATING EXPENSES AND COSTS.

WE'VE DONE THIS AND WE'VE DONE THAT.

JUST TRUST ME, I'M JIM AND THIS COMPANY IS DOING GREAT.

.004
 
Posted by jibber39 on :
 
true that U4TSAF, i think in time though this will come to life. But right now, i don't believe anyone or anything except the P/S. And at .004, its not speaking very loudly...
 
Posted by maumee river rat on :
 
U4(skin) is back......

Must be gettin ready to run....
 
Posted by Bearclaw on :
 
Maumee...
They're all over the blogs...Must be wanting to shake out the last available shares. Just wish Turek would finalize all the information. It's a lot more fun making money than it is waiting to make the money...Come on JT get er done.

quote:
Originally posted by maumee river rat:
U4(skin) is back......

Must be gettin ready to run....


 
Posted by will on :
 
I agree Bear, too much negativity for too long. I bought some yesterday, to swing.
 
Posted by Bearclaw on :
 
Hey Will...
Have a great holiday...need a gift from plni today in the form of a PR...
 
Posted by will on :
 
I wish ! Curious trading today, the volume isn't as much as it has been. Keep VFIN off the ask and we might have a chance. If nothing else, we might be holding here, and buying time for overdue PR.
Jesus! AS I was typing that the prick moved to the ask. LOL!
 
Posted by Doctoall on :
 
Any thoughts on what this will do today ???
 
Posted by Dagger Depot on :
 
plummit....
 
Posted by StockHunter on :
 
quote:
Originally posted by Doctoall:
Any thoughts on what this will do today ???

Barring news or rumor should not do too much volume given the holidays. Any sort of rumor or modestly large order could really move this thing a lot since many traders are standing in line at the return counter, watching bowl games or spending time with family. Not a good time of year to try and move a significant block of stock.

I think many are expecting news by year end, so if nothing comes there could be some added weakness as Friday draws near. OTOH, some support could come from those doubling up expecting YE news to be a given.

IMO any move in either direction w/o volume (or VFIN) should be heavily discounted in importance.

Anyway, a big debt of thanks for reopening the main thread.
 
Posted by JIF on :
 
it's going to sit.
 
Posted by YellowSubmarine on :
 
Make sure you know the upside of what's about to happen here......

Plasticon International, Inc. (Pink PLNI): has been in the recycled plastics business for 17 years. The company's line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt. In addition, its transportation signage has received DOT approval or acceptance in all 50 states. Specifically, the company offers for resale: ..1. Rebar supports ..2. Plastic lumber ..3. Plastic signage (i.e.; highway and state signs) ..4. Office products including file folders and binders ..5. Impermeable concrete-like products made from recycled glass.
Website:{/b] http://plasticonintl.com/
RTQ's & L-II: http://www.pinksheets.com/quote/quote.jsp?symbol=PLNI


News coming this week, next week, and the following week..........

.
 
Posted by ed19363 on :
 
....and more dilution, and PPS dropping....
 
Posted by StockHunter on :
 
Watch VFIN. That's the best indicator of stock pps in near term. They showed up near close yesterday. Any news, no matter how bullish they can spin it will be for naught if they keep issuing and selling shares.

The fact they've been able to continue selling shares this month w/o news (albeit at a reduced rate to the previous sell programs) shows an underlying support and new money flowing in here. All they have going is the Green Baron pump and BACs efforts. I thought BAC was supposed to be a 6 month contract, so that may be coming to an end or up for renewal.

Imagine how high we could be with the 31% increase in shareholders (since september) if they weren't selling so many new shares into the market. Instead we're down over 70% since then. Damn frustrating.
 
Posted by state780 on :
 
quote:
Imagine how high we could be with the 31% increase in shareholders (since september) if they weren't selling so many new shares into the market. Instead we're down over 70% since then. Damn frustrating.
Yes, that's the saddest thing. This stock really could have performed; the potential was there. Now, with another non-PR day, the reality in my case is that a 300% increase would still leave me underwater.
 
Posted by Bearclaw on :
 
Now I know why I was glad to see a new thread...It had a positive outlook...although I agreed there was some good DD here...It's just the mood seems to be gloom and doom everyday...
Did anyone really expect PR's to come rolling out during holiday trading?
We may get one small PR this week...Maybe?
It will be 2006 before the bulk of news is announced...IMO

Oh Stock...I think Apples contract has already been renewed...I think I heard that somewhere 2-3 weeks ago...I may be wrong but seem to remember something like that...
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
Now I know why I was glad to see a new thread...It had a positive outlook...although I agreed there was some good DD here...It's just the mood seems to be gloom and doom everyday...
Did anyone really expect PR's to come rolling out during holiday trading?

Bear, for goodness sake, why on earth would there be gloom and doom? Come on, Mr. Averaged-at-.0068, not everybody has the luxury of seeing break-even as close to the horizon as you do.

In my last call to Rodney, last week, he said he expected that there would be PRs on the financials, on the share structure and on Semco by the end of this week. What do you want me to do--assume he was lying to me?

The happy-talk thread was an embarassment. Launched again, IIRC, by FOT, who for the second time opened a thread talking about how wonderful the stock was after it had plummetted 50% or so. Another poster said Motley Fool is now talking about PLNI!Well, they were, in November, with the conclusion that you couldn't really tell what was going on because it was a pink sheet, an observation sadly borne out in the following weeks. Not that any poor fool coming to PLNI for the first time would have known that from most of what was on that usesless thread.

Some of this reminds me of joke where a guy gets thrown off a 10-story building and says, around the second floor, "So far, so good!"
 
Posted by Bearclaw on :
 
Bartender...Set up the bar with Prozak...
 
Posted by Bearclaw on :
 
State...

If you bought in at .015 for $1,500 (100K shares)
Then beeched about dilution while watching it tank...

why not sell at .01 for $1,000 (100K shares)
Then continue to beech about dilution watching in go to .005

Then buy back in for $500 (100K shares) and bank the rest...

Geezzzzz you'd be even...That's all I did minus the beeching...so I'd appreciate it if you'd not stick the Mr. Averaged at .0068 BS label on me as something negative because I traded the dip well...Deal?

Your the one who watched your investment tank...not me...We all have the same choices...BUY, SELL or HOLD...You chose to hold...I didn't...Oh and you can't blame Turek or BA for your trading decision...You and Stock both were screaming dilution...dilution...dilution but did nothing about it...Who the hells fault is that
 
Posted by will on :
 
NEW MATH?
 
Posted by Bearclaw on :
 
No...100,000 shares
Buy at .015....$1,500
Sell at .01....$1,000 ($500 loss)
Buy at .005....$ 500 ($500 profit)

No wonder you beech...This is Basic Swing Trading 101...a method of trading on pinks...
Go look at the charts for GZFX over the last month and you can see that was a good stock to Swing Trade...Find a trading method that can make you money and save on the cost of Prozak prescriptions...ulcer medications and wives and girlfriends beeching about no money...


quote:
Originally posted by will:
NEW MATH?


 
Posted by state780 on :
 
Bear, get a grip. Are you averaged at .0068 or not? Does that affect one's sunny dispostion? I'm guessing yes. Congrats for trading well, I'm happy for you. Crowing about it when others are in much deeper is bad form.

To the extent that I relied on Turek & Big Apple for some kind of relationship between what they said and what was really going on, yes, I admit it, I badly misjudged them.
 
Posted by Bearclaw on :
 
State...

I'm not crowing!!! Your the one who keeps bringing up my average...I posted it once when I made a buy at .0052...I WAS HAPPY!!!!!

Get the drift about your gloom and doom? I expect this stock to go well over .02+ in the upcoming year...You expect the world to fall down around you...My average in has nothing to do with that outlook...

I have been Swing Trading this stock since last spring and said that on the PLNI thread. I also mentioned it would be a method for folks to consider with the movement this company had based on the charts......instead I got blasted by longs telling me it was the Daytraders who were killing the PPS...They didn't even know the difference between Daytrading and Swingtrading...

If folks come to Pennyland without a trading method and don't understand not to invest more than they can afford to loose then they're going to get creamed...This is not the Big Board but folks treat it like it is...You know how many companies get out of Penny's and move to the Big Board...Trust me that percentage is very very small...So if folks hold long here and don't have a trading plan or method trusting CEO's then they will loose...and loose big time...

If I bought in at your PPS I would never post negative posts...I would post DD and my hopes for the future and then shut the hell up...Wonder Why? geeeezzzzeeeee
 
Posted by state780 on :
 
[QUOTE

If I bought in at your PPS I would never post negative posts...I would post DD and my hopes for the future and then shut the hell up...Wonder Why? geeeezzzzeeeee[/QUOTE]

Ah, the conspiracy dodge. Guess that was just a matter of time.

Have a nice day.
 
Posted by RiescoDiQui on :
 
yep... always dishonest to the last... so sad that it is so easy for him to tell others to pump a stock they are down on rather than promote the fundamentals of good trading... so sad
 
Posted by Highwaychild on :
 
What would you do w/ this one right now RiescoDiQui? I mean, how or would you play it?
 
Posted by Bearclaw on :
 
This is you and some others attitude here...

"It's people, places and things that are wrong with me...not me! So if people, places and things would do what I want them to do then I'd be OK"

Quit blaming everyone else for your investment decision...As a fellow PLNI shareholder my advice is...SELL or get on board...The charts show this may be bottom...there's a chance with a strong shake it could hit .003...so...Tuck your tail or get on board for the ride...

Conspiracy dodge hahahahaha the self designated representative to saving all the newbies...hahahahaha...look the Marshan's are landing...Oh no a meteor is going to hit...
Conspiracy theory hahahahahah...now that is way the hell out there...wearing tin foil over our head are we? You know those signals from outer space hahahahahah damn boy....
 
Posted by RiescoDiQui on :
 
quote:
Originally posted by Highwaychild:
What would you do w/ this one right now RiescoDiQui? I mean, how or would you play it?

I'd sell tomorrow... if you guys get more than a three day move I'd be suprised... but hey anything is possible.
I wasn't in here to step on any toes...
Been following the paid promoter, yellowsubmarine, aka jmhollen, around trying to clean up the board a little.
Don't mind me... just passing through.
On a totally different sidenote:
I used to work with concrete in a prestress plant and was wondering how this new plastic rebar is bent and or formed... we had to bend our own rebar to fit the frame we were building...
 
Posted by Bearclaw on :
 
It's not re-bar...It's re-bar supports they manufacture...

Plastic re-bar, we are told, is in the process of being tested...They say the testing is 80% done...why would you invest in this stock if you don't even know that basic fact?
 
Posted by RiescoDiQui on :
 
After researching my recent posts it sure seems I made no mention of investing in this stock...
 
Posted by Bearclaw on :
 
So your only other reason would be to look for an entry? If that's the case refer to the current charts...The low resistance on a possible hard shake is at .003...That may also happen just before significant news if the MM's have a heads up and drive it down for more shares right before the news...If no hard shake the current low resistance is at .0038

Good luck...
 
Posted by RiescoDiQui on :
 
quote:
Originally posted by RiescoDiQui:
quote:
Originally posted by Highwaychild:
What would you do w/ this one right now RiescoDiQui? I mean, how or would you play it?

I'd sell tomorrow... if you guys get more than a three day move I'd be suprised... but hey anything is possible.
I wasn't in here to step on any toes...
Been following the paid promoter, yellowsubmarine, aka jmhollen, around trying to clean up the board a little.
Don't mind me... just passing through.
On a totally different sidenote:
I used to work with concrete in a prestress plant and was wondering how this new plastic rebar is bent and or formed... we had to bend our own rebar to fit the frame we were building...

bearclaw... learn to read... it will be helpfull in life.
 
Posted by Bearclaw on :
 
I only read important posts...manage my time better...not interested in posters who haven't put money down...Like a kid sneaking in the movies without a ticket....then beeching the movie stinks...
 
Posted by RiescoDiQui on :
 
quote:
Originally posted by Bearclaw:
It's not re-bar...It's re-bar supports they manufacture...

Plastic re-bar, we are told, is in the process of being tested...They say the testing is 80% done...why would you invest in this stock if you don't even know that basic fact?

Basic facts... hmmm
You know, you are right I should look into basic facts before investing...
Well here goes:


Saturday, December 17, 2005
[PLNI]: A Promoter Attempts to Justify Massive Company Share Issuance

.
.

Below you will find a copy of a post on the Silicon Investor message boards by the promoter "rrm_bcnu" ("rrm_bn4u" on the xxxxxxxxxxxxxx message boards) attempting to justify the 70% stock price drop in PLNI (to a low on Friday of $0.0043/share) during the last few months. During this period the company issued 500 million common shares in 3 months, to increase its total outstanding to 2.3 billion shares. In addition, total authorized common shares were also increased substantially, from 2 billion to 5 billion in October 2005, without informing the shareholders, while the company was publicly stating that it was going to begin a "share buyback" program.


Some comments on the rrm_bcnu posted message:

1. In dicussing the "Personal Reorg Chapter 11" of James Turek, the CEO of PLNI, rrm_bcnu fails to mention that Turek's bankruptcy is still undischarged. He also fails to mention that as part of the Reorganizaiton Plan, PLNI will have to issue treasury stock to satisfy $4.7 million in unsecured claims (http://snipurl.com/kvlj). In addition, rrm_bcnu also fails to mention that International Plastics and Wicklund Holding Company, two predecessor companies in the same business as PLNI and managed by Turek, also filed for bankruptcy.

2. rrm_bcnu further goes on to copy and paste a definition of Outstanding Shares from the following website - http://www.investopedia.com/terms/o/out...hares.asp, but says that it is in his opinion ("IMHO") and mixes it with statements that not only show his lack of knowledge of Corporate Finance and Accounting, but are actually false. He then proceeds to use the statement "true share valuation" without defining what it means, making some very naive and blatantly false conclusions such as:

"If you issue shares to buy hardware that allows to increase sales...that isn't dilutive to true valuation"

and

"So if Turek were selling shares would those sales be dilutive to your share value? NO!"


3. Forgetting that PLNI has issued 500 million shares in the last 3 months during the 70% drop in stock price, rrm_bcnu again falsely states that although the stock price has dropped significantly,

"However, the true valuation of your shares would not have changed, but the current share price would have temporarily declined."


4. rrm_bcnu asks as to who is buying all the shares that have been sold into the market by Turek and/or PLNI and/or promoters. He fails to mention the paid promotional firms Apple and The Green Baron Report that have pumped and hyped PLNI to unsuspecting investors.


5. rrm_bcnu then goes on to mention SEMCO, but PLNI has yet to formally announce the closing of the acquisition of SEMCO. He also mentions Pro Mold, which again has yet to be acquired by PLNI, according to the latest false and misleading press release by PLNI: http://snipurl.com/kq5k.


6. Finally, rrm_bcnu states that PLNI would recover in stock price and be worth 10-20x its current stock price of $0.0046 (at the Friday closing). To show how ridiculous this projection is, 20 x $0.0046/share is a stock price of about 10 cents/share and with at least 2.3 Billion shares outstanding, rrm_bcnu says that PLNI is worth over $200 million. It gets even worse - only recently, this same person was projecting a $575 million valuation for PLNI by October 2006: http://snipurl.com/kvl9
Remember that this is coming from the same person that has made the outlandish statements that Otc bulletin board companies have to pay about $1 million per company per audit in order to conform to Sarbanes-Oxley: http://snipurl.com/kvlb


The Silicon Investor posted message by "rrm_bcnu"


http://www.siliconinvestor.com/readmsg....d=21983133


From: rrm_bcnu
12/18/2005 12:05:55 AM
of 2378

I've read a lot of stuff about Jim Turek and a Personal Reorg Chapter 11 that is diluting the stock...

IMHO all stock currently held by investors, including restricted shares owned by Turek and other insiders, as well as those held by the public, are included in the company's Outstanding Shares. They are also known as "issued shares" or "issued and outstanding."

This number is shown on company's balance sheets under the heading "Capital Stock" and is more important than the Authorized Shares or Float. It is used in the calculation of many widely used metrics including "market capitalization" and "Earnings-per-Share (EPS)". Those metrics directly impact the stock price per share.

So even if Turek is forced to sell some of his personal shares, they are non-dilutive to your true share valuation. Only new shares issued from the Authorized Shares to the Outstanding Shares are dilutive (have a long term negative effect), and only then if they do not improve the company's cash flow. If you issue shares to buy hardware that allows you to increase sales... that isn't dilutive to true valuation.

Shares that have been repurchased by the company are not considered issued stock, and are removed from the Outstanding Shares total, thus improving the metrics and the PPS.

So if Turek were selling shares would those sales be dilutive to your share value? NO!

Would the sale of shares drive the price down? It's a chain of events... The higher the availability of shares for sale, the cheaper the Bid price. The more perceived panic or doubt, the more shareholders will offer their shares at a lower Ask. The lower the Ask, the lower the Bid... and the lower the resulting PPS. It seems simple to those of us whove been around a while.

However, the true valuation of your shares would not have changed, but the current share price would have temporarily declined. The stock becomes oversold and undervalued. That usually means that speculators and traders would purchase shares at the cheap price, and ride the price wave back up until the real valuation is exceeded by some value. The stock is then overbought and overvalued.

Why would anyone want to create such a negative impression? If you were playing the stock short you would want to buy-to-cover at the lowest possible price. Thus, it would pay you in the long run to short sell as many vapor shares as possible, and to spread confusion in the form of personal opinion... like the word that the company was continuing to dump shares into the OS and float, that it was lying to shareholders, that management is hosed, and that the entire BB deal is hosed up. Such manipulation is illegal if it is orchestrated to move the price lower for profit.

The key to understanding all this is the answer to the following question:

Who is buying all these shares? Every share sold has a buyer. If the company were really the pits, who would buy it? Few, if any, would risk real capital on a hoax. No buyers and lots of sellers equals a dramatically lower price. I mean the price would drop in a matter of minutes... days at the most. Look at HTDS when the knife fell. It was not a slow decline in price over months and weeks as someone struggled to shake loose a few "weak hand" shares.

Novice traders and investors whose sight is blurred by confusion just look at their cost basis and compare today's price. At some point we all do that. But that is the reason seasoned traders search for truth. What does the staff secretary at ProMold say about "24 hour production?" What does she say about Plasticon acquisition? What does the Sales Manager at Semco say about 2006 sales? What does he say about Plasticon acquisition? What does the Line Supervsor at R&S sayabout Plasticon products? What about his ordering? How about the BlueLynx folks.. do they confirm high order rates and what do they say about Plasticon?

Think about this whole event...

I still believe that the PLNI share price will recover based on what I have researched from ProMold, Semco, and BlueLynx. If just half of what the previous six months PR's have stated comes to pass, this stock will be a 10-20x runner in my opinion.


 
Posted by RiescoDiQui on :
 
more basic facts:

The "AUDIT"

PLNI has yet to complete the audited financials statements and file with the SEC as of today.

Below you will find public statements from PLNI press releases regarding the timing of the completion of the audit, going as far back as 16 months ago - Sept. 2004. One of the press releases, issued on November 11, 2004, more than a year ago, even exhibited the heading " Plasticon International, Inc. Announces Today the Audit is Near Completion".


September 21, 2004
"De Joya and Company is scheduled to begin a full financial audit of Plasticon International/Wicklund Holding Company on October 7 th in preparation for seeking a listing of Plasticon’s shares on the OTC Bulletin Board. "


November 11, 2004
http://snipurl.com/kui8
"Plasticon International, Inc. Announces Today the Audit is Near Completion"

"Plasticon International, Inc. (Pink Sheets: PLNI) announced today that it is nearing completion of the audit of its financial statements."

"Mr. James Turek, president of Plasticon International, Inc. stated, "We are extremely excited with the progress of the audit of our financial statements. Upon completion of the audit the company will be in a position to make application for listing on the OTC Bulletin Board."

"Mr. Turek further stated, "The company has been an SEC reporting company a number of years and is pleased that the completion of the audit will allow for the company's SEC filings to be brought current which will provide the investment community with a complete and accurate picture of the company's progress.""


May 18, 2005
http://snipurl.com/kswt
"Plasticon Takes Major Step Forward in Transition from Pink Sheets to OTCBB; President and CEO Jim Turek Announces That Audit of All Company Financials Will Be Completed in 4 Weeks"

"Plasticon International Inc. (Pink Sheets - PLNI) today announced that it has come one step closer in the company's transition strategy to move from the Pink Sheets to the OTCBB. An audit of all company financials will be completed in 4 weeks."

"This audit is an important milestone in terms of demonstrating to our shareholders and the public that we are serious in our goal of moving the company forward," said Jim Turek, President and CEO of Plasticon International, Inc. "We are pleased to announce that we are 4 weeks from a completed audit. Upon completion, we will immediately be filing the necessary documents with the SEC to become fully reporting."


June 2, 2005
http://snipurl.com/ksxd
"As a final note, Mr. Turek mentioned that he will also be discussing Plasticon's upcoming transition from the Pink Sheets to OTCBB. "Our transition strategy is a very important issue for institutional investors, investment banking firms and high net worth investors," Mr. Turek said. "A full company audit will be completed in weeks, and that is a significant step towards becoming fully reporting, transitioning to the OTCBB and eventually becoming a big board stock. There are many positive developments with Plasticon International to report, and I'm looking forward to presenting at this important forum."


June 17, 2005
http://snipurl.com/kswz
"Mr. Turek said that the company's top priority right now is to have the company audit completed by the end of July. "I am confident that we can meet this deadline. This is a very important step for us. Once the audit is completed we will immediately file the necessary documents with the SEC, in order to move Plasticon to the OTCBB. We expect this to be accomplished in the next 30 to 90 days. ""


September 19, 2005
http://snipurl.com/ksyu
"There is one very important issue that I am pleased to share with you: Plasticon is currently in the final stages of its audit. Although we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the Nasdaq Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the Nasdaq bulletin board (OTCBB). "


September 19, 2005
http://snipurl.com/ku2r
"Plasticon International, Inc. in Final Stages of Audit for Uplisting to NASDAQ Bulletin Board (OTCBB)"

"Plasticon International Inc. (Pink Sheets:PLNI) is pleased to announce that the company is now in the final stages of completing its audit, which will allow the company to uplist to the NASDAQ Bulletin Board. "

"In an open letter to the shareholders posted on the company's website, Plasticon President and CEO, Jim Turek stated, "Plasticon is currently in the final stages of its audit. Though we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the NASDAQ Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the NASDAQ bulletin board (OTCBB)."


September 28, 2005
http://snipurl.com/ku2x
"In the Webcast, Mr. Howe gives an overview of Plasticon's innovative products, the size of the rebar supports market, and the company's exclusive sales agreement with the largest building materials distribution company in the United States. In addition, he specifically addresses the fact that Plasticon's audit is in its final stages and that upon completion, Plasticon intends to make the necessary filings to become fully reporting and move to the NASDAQ bulletin board (OTCBB). Finally, he also gives current and prospective shareholders an update on a number of important acquisitions. "

 
Posted by RiescoDiQui on :
 
basic facts:

[PLNI]: jmhollen & bestbydesign - The Sale of Millions of PLNI Common Shares Into the Market

.
1. The aliases "jmhollen" and "bestbydesign" are two aliases used by the stock promoter John M. Hollen on the Silicon Investor and xxxxxxxxxxxxxx message boards (hereinafter, "the Hollen aliases"). These two aliases have been involved in the stock promotion of Plasticon International, Inc., a Pink Sheet company with the symbol "PLNI".

2. In an attempt to entice the readers of these message boards to purchase common shares of PLNI in the market and to gain their trust and confidence, the Hollen aliases have repeatedly stated that they purchased a substantial amount of PLNI shares in the market and urged the readers to also purchase shares because they were very "cheap" at the moment. An example of the the posted messages by the Hollen aliases follows as they state, in two separate message boards, that they have purchased 1/2 million PLNI shares in the market. Notice that the bestbydesign and jmhollen aliases posted the identical messages within 11 minutes of each other:

On the xxxxxxxxxxxxxx Message Board:

http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go

By: bestbydesign
23 Nov 2005, 11:12 AM EST
Msg. 22908 of 25034Jump to msg. #

"...YeeeeeeeeeeeeeeHaaaaaaaaaaaaaaaw........... ..I just filled on
1/2MM PLNI at 0.0077 during this mornings BS MFMMM head-
fakery. What a bunch of BS tushports the MFMMMs are.

"...I love this game...................................

John

ps: And, poor li'l ol' 'Bart's Mutt' is going to be standing on the dock - in tears - getting 'mooned' next week....


On the Silicon Investor Message Board:

http://www.siliconinvestor.com/readmsg....d=21912972

F rom: jmhollen
11/23/2005 11:01:23 AM
of 2122

"...YeeeeeeeeeeeeeeHaaaaaaaaaaaaaaaw......................... ....

I just filled on 1/2MM PLNI at 0.0077 during this mornings BS MFMMM head-fakery......

What a bunch of BS tushports.

"...I love this game...................................

John


3. The Hollen aliases specifically stated that people should not sell their PLNI stock and should hold on to their stock, in addition to stating that he is not a "flipper" of the PLNI stock - thereby implying that he is a long term holder of the stock.

"...I'm not a flipper, so I'm not interested in pasts-of-pennies improvements, ...it's the $0.05+ territory I'm looking for..."
http://xxxxxxxx.lycos.com/mboard/boar...;read=2470

"If we're above $0.015 (..highly likely..) in the next 10 Market days - then why would anyone except day-flippers and/or manipulators Sell..?!?"
http://www.siliconinvestor.com/readmsg....d=21920611

"...Hold 'em like it was the Deed on your Trump Tower penthouse..."
http://xxxxxxxx.lycos.com/mboard/boar...;read=1550

"...Smart people will BUY or HOLD, twits will flip, and those with bruised egos will whine a lot. "..C'est la vie........."
http://xxxxxxxx.lycos.com/mboard/boar...;read=2400


4. The Hollen aliases also urged the readers of the message boards to buy PLNI shares on the "dips" because of the "cheap" prices:

"... Now, get your arse back to work - and buy more shares... "
http://xxxxxxxx.lycos.com/mboard/boar...;read=2175

"...If you can snag some 'cheapie-shares' during the head games, don't pass it up. .."
http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go

"...Stick around for the fireworks and grab some "..super-cheapie-shares.." if you can..."
http://www.siliconinvestor.com/readmsg....d=21957413

".. .What you're looking at is the grossly predictable MFMMM scardy-shares head-fake prior to all the upcoming action. "...Glom 'em on the Dips, ..Troops.................... "
http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go


5. On December 8, 2005, bestbydesign posted that he had not sold any PLNI shares since he bought his motorcycle:
"...Heck, I haven't sold a share of PLNI since I bought my new Harley back in June, or whenever..."
http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go


6. A posted message by bestbydesign shows that he purchased his Harley motorcycle before May 28, 2005:
http://xxxxxxxx.lycos.com/mboard/boar...;read=1551


7 . On June 5, 2005, more than a week after bestbydesign posted that he already had purchased his Harley Motorcycle, bestbydesign claimed that he owned 6 million PLNI shares.
http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go


8. On November 8, 2005 bestbydesign claimed that he bought another 1 million PLNI shares on that date. This would imply that he owned at least 7 million PLNI shares on Nov. 8th.
http://xxxxxxxx.lycos.com/mboard/boar...read=19805


9. On November 18, 2005 bestbydesign claimed that he bought another 1 million PLNI shaes on that date. This would imply that he owned at least 8 million PLNI shares on Nov. 18th.
http://xxxxxxxx.lycos.com/mboard/boar...;submit=Go


1 0. On November 23, 2005 bestbydesign claimed that he bought another 1/2 million PLNI shares on that date. This would imply that he owned at least 8.5 million PLNI shares on Nov. 23rd.
http://xxxxxxxx.lycos.com/mboard/boar...read=22908


1 1. On December 8, 2005 jmhollen claimed that he bought another 1 million PLNI shares on that date. This would imply that he owned at least 9.5 million PLNI shares on Dec. 8th.
http://www.siliconinvestor.com/readmsg....d=21955817


12. Based on the paragraphs above which reviewed the Hollen aliases' posted messages about his ownership and purchases of PLNI stock, John Hollen should own at least 9.5 million common shares of PLNI on December 8, 2005. This is not the case, however. On December 8, 2005 jmhollen claimed that he owned only 6 million PLNI shares:
http://www.siliconinvestor.com/readmsg....d=21955817


13. Based on the information above, John Hollen either lied about his ownership and multi-purchases of millions of PLNI common shares during the June-December 2005 period, or he lied about not selling his PLNI common shares into the market during this six month period and essentially was involved in dumping at least 3.5 million PLNI common shares. These conclusions are particularly troublesome in view of the fact that he specifically stated that he was not a "flipper" of PLNI stock, that he was holding the PLNI stock for the long term and that he urged and enticed many potential investors to purchase and hold PLNI stock after he had gained their considerable trust.



Jmhollen is yellowsubmarine... same guy
DD means finding the good and the bad.
 
Posted by Bearclaw on :
 
Hey Riesco...
I just figured it out...Your the "WORM" hahahahahah....is this you worm?

Did you just slither out of your worm hole hahahahaha I recognize your worm signature hahahahaha

You need to keep your action over on IHub and SI...What are you doing here? Must be somebody who's invested here that your after...You have a vendetta?????

Guys if the worms here it's gonna get real wierd...
 
Posted by Bearclaw on :
 
Worm...
Looks like your targets are RRM and JHollen...
Do they post here? Are you just trolling...??
 
Posted by RiescoDiQui on :
 
who the hell is worm?
RiescoDiQui is the name
same name as on DWB
Same name as on RB
The name is Relentless Despot over on ihub
get you facts straight little boy
 
Posted by Bearclaw on :
 
Little boy hahahahahaha
and the worm speaks hahahahahah
 
Posted by RiescoDiQui on :
 
bearnub, how's CNES doing?
 
Posted by Stock Jockey on :
 
Hey riescodiqui, Worm, momo or whoever your pretending to be....
Get off the board! You or your alter ego's have been pumping this personal garbage all over the internet. If I want Solid Negative balanced DD, I'll ask Stockhunter or State to keep my exuberance in check. Your impressing No one here.
 
Posted by Bearclaw on :
 
Ahhhh...the Momo connection....Ask Momo how Elliot Ness and the Feds are doing...or is Momo and the worm the same crook? Who knows since mommy's little momo uses so many different names...sick puppy...

OK guys this thing must be ready to run soon...the professional crooks have honored us with their attendance today...gonna get wierd...

quote:
Originally posted by RiescoDiQui:
bearnub, how's CNES doing?


 
Posted by RiescoDiQui on :
 
wow... impressive...
Think I'll stay
 
Posted by Upside on :
 
quote:
Originally posted by Stock Jockey:
Hey riescodiqui, Worm, momo or whoever your pretending to be....
Get off the board! You or your alter ego's have been pumping this personal garbage all over the internet. If I want Solid Negative balanced DD, I'll ask Stockhunter or State to keep my exuberance in check. Your impressing No one here.

I don't know about that. I was pretty impressed with "bearnub". That was pretty funny.
 
Posted by RiescoDiQui on :
 
Fiscal Year End: December 31

Outstanding Shares: 2,300,000,000 as of 2005-12-07

Estimated Market Cap: 8.74M as of 2005-12-23 (based on Outstanding Shares as of 2005-12-07)
Authorized Shares: 5,000,000,000 as of 2005-11-21
Float: 690,000,000 as of 2005-12-07
Number of Shareholders of Record: 5,000 as of 2005-12-07
 
Posted by Bearclaw on :
 
Mumu...
You always quote the wrong source? That was stockjocky hahahahaha

Folks last time mumu visited PLNI to sprout his spew he ran a group play on TBLU a few weeks later....so what's the agenda this time mumu? Look out the window...Elliot Ness and the Feds are headed your way...Springtime in the slammer for you hahahahaha


quote:
Originally posted by Upside:
quote:
Originally posted by Stock Jockey:
Hey riescodiqui, Worm, momo or whoever your pretending to be....
Get off the board! You or your alter ego's have been pumping this personal garbage all over the internet. If I want Solid Negative balanced DD, I'll ask Stockhunter or State to keep my exuberance in check. Your impressing No one here.

I don't know about that. I was pretty impressed with "bearnub". That was pretty funny.

 
Posted by RiescoDiQui on :
 
you can't be this stupid
 
Posted by Bearclaw on :
 
mumu...
doing well ...thanks for asking...hahahahahah
 
Posted by Stock Jockey on :
 
Wrong thread.... Ask over there.
 
Posted by Bearclaw on :
 
mumu...
you really think anyone buys that your concerned about anyone but yourself hahahahaha...hahahah

I heard the Feds got you for scamming investors out of thousands of dollars...thought you may be on a bread and water diet by now....What is the Federal Prison closest to you in New York? No parole in Federal Prison mumu...Got to do the whole time...Need any KY jelly? Be happy to ship you a 25 gallon drum hahahahah

Oh...did you mention to StockJockey your Diquiriesco on RB..hahahahaha....Feds are near...hahahahah
 
Posted by RiescoDiQui on :
 
oooooooooook so now I'm momo?
LOL hillarious.
Tell me... when was the last time you saw momo use correct grammar or even come close to spelling a multisyllabic word correctly?
 
Posted by Bearclaw on :
 
Maybe you installed Spellcheck with the Grammar option...With all the money Federal Crime brings in...what's real curious is why you decided to target PLNI...I'm just dying to see what this scam is...


quote:
Originally posted by RiescoDiQui:
oooooooooook so now I'm momo?
LOL hillarious.
Tell me... when was the last time you saw momo use correct grammar or even come close to spelling a multisyllabic word correctly?


 
Posted by Bearclaw on :
 
mumu...now this is funny...hahahahahaha...Speaking of nubs hahahahaha

"Spend Word For Word With Me And I Shall Make Your Wit Bankrupt."
 
Posted by Bearclaw on :
 
mumu....worm...or whatever the trash is today...

Cat on a leash hahahahah Is that the best you have? Come on give us a clue to the scam??? There's no accumulation on Tblu...so what's the deal...Just going after yellowsub? Come on you don't waste this much time for that...unless.???
 
Posted by Stock Jockey on :
 
Good point on the multisyllabic words Worm_06, diquiriesco or riescodiqui.
You have already clogged up several other threads so what is your reason for attacking and clogging up this one with your personal vendetta issues? Are you a stock holder trying to save the penny world investors from their own decisions. Do you even hold a position in PLNI?
 
Posted by RiescoDiQui on :
 
Why would I hold a position in a dillutive stock like this?
Let me ask:
Why would you only attack me and not the DD I brought to this thread?
Neither of you have said anything about the facts I displayed, you just go on and on about how I must be someone else.
Address the fact that this is infact as documented by me, a pump and dump.
 
Posted by Bearclaw on :
 
Naw...
You don't threaten me...but...you do however have an agenda with PLNI...and...I'm a shareholder...So your song and dance camio appearance got my attention...
I know enough to know when you appeared the agenda wasn't something healthy...
 
Posted by Bearclaw on :
 
Heck...
Any idiot who's followed PLNI knew that information...nothing new...Give me something I don't already know? Go research these threads...Old news...So what's the agenda? You answer that and we'll deal with your little tidbits about PLNI and Turek...

quote:
Originally posted by RiescoDiQui:
Why would I hold a position in a dillutive stock like this?
Let me ask:
Why would you only attack me and not the DD I brought to this thread?
Neither of you have said anything about the facts I displayed, you just go on and on about how I must be someone else.
Address the fact that this is infact as documented by me, a pump and dump.


 
Posted by Grynder on :
 
Yer brain stuck on agenda's again bear ?
Carefull, yer gonna fall off yer throne.....

BTW, How is CNES doing ?
 
Posted by Bearclaw on :
 
Grynder...
You honor us with an appearance...now I know there's an agenda...Grynders a guy who'll approach you using friendship as his "agenda" with members paying the pennies and then stick a hot poker up your butt...Ya ...your sure someone to advise folks to befriend...what a mistake that would be...Advice from the original backstabber hahahahahaha right...hahahahah

quote:
Originally posted by Grynder:
Yer brain stuck on agenda's again bear ?
Carefull, yer gonna fall off yer throne.....

BTW, How is CNES doing ?


 
Posted by Grynder on :
 
It's gotta suck being that paranoid bear.

Taking anything for it ?
 
Posted by RiescoDiQui on :
 
Way too paranoid for him to not be hiding something...
Seems odd bearnub only promotes stocks in a dillution induced nose dive...
Just odd.
 
Posted by Grynder on :
 
Compensated bear ?

I do see a trend in your trading/posting.

and now for your agenda........?
 
Posted by Bearclaw on :
 
Naw...
I know you well...have no use for you at all..
But do wonder what your lying arse is doing here? They gangs coming out of the swamp...


quote:
Originally posted by Grynder:
It's gotta suck being that paranoid bear.

Taking anything for it ?


 
Posted by Bearclaw on :
 
What's the matter mumu...worm? Couldn't take the heat so you went and woke up Grynder...hahahahahah...Couldn't make it here solo?

quote:
Originally posted by RiescoDiQui:
Way too paranoid for him to not be hiding something...
Seems odd bearnub only promotes stocks in a dillution induced nose dive...
Just odd.


 
Posted by RiescoDiQui on :
 
You are quite defensive about all of this bearnub...
Why is it you only promote stocks in dillution induced nose dives?
 
Posted by Grynder on :
 
Aw bear, calling me a liar does nothing to further your financial value.

BTW, I have NO positions in the penny market. Havent for a very long time now and am enjoying the profits of "predictable" stocks unlike the ones you pump.
 
Posted by RiescoDiQui on :
 
bearnub... do a search... I needn't any help dealing with the likes of you... but they sure do love to jump on in when they see the giant waking.
 
Posted by Grynder on :
 
quote:
Originally posted by Bearclaw:
What's the matter mumu...worm? Couldn't take the heat so you went and woke up Grynder...hahahahahah...Couldn't make it here solo?

quote:
Originally posted by RiescoDiQui:
Way too paranoid for him to not be hiding something...
Seems odd bearnub only promotes stocks in a dillution induced nose dive...
Just odd.


Nope, Saw you loosing your mind and decided to stop and say hi all on my own.

Ease up bear, nobody's out to get you.
 
Posted by RiescoDiQui on :
 
I've always wondered how this works... maybe bearnub here can answer:
Do you work directly for the company or do you work for a promotion agency?
Do they pay you in stock directly or is it somehow a laundered transaction... surely a papertrail would not be desirable.
 
Posted by Bearclaw on :
 
The waking giant...damn funny...done with you children for a while...work to do...Grynder..nice with the paranoid take...hahahahaha...of you? hahahahaha

quote:
Originally posted by RiescoDiQui:
bearnub... do a search... I needn't any help dealing with the likes of you... but they sure do love to jump on in when they see the giant waking.


 
Posted by Stock Jockey on :
 
The true key here worm_06 is stated in your post.

Quote: "Why would I hold a position in a dillutive stock like this? the fact that this is infact as documented by me, a pump and dump."

This is the exact problem, your missing a bunch a of documentation in your so called self documented DD. And I don't give a crap about your personal childish squabbling with other board members on other Boards! Why should I listen to a non shareholder that has a blog specifically intended to slander people. Your motives are suspect and not to be trusted.
 
Posted by RiescoDiQui on :
 
quote:
Originally posted by RiescoDiQui:
I've always wondered how this works... maybe bearnub here can answer:
Do you work directly for the company or do you work for a promotion agency?
Do they pay you in stock directly or is it somehow a laundered transaction... surely a papertrail would not be desirable.

The good questions are asked and off he scampers...
Toodles bearnub.
 
Posted by Grynder on :
 
I think it's more a matter of him being a bitter old man thinking everyone's out to get him.
Then add on the bad investments he's made with little to no profit and you have a Bearpaw.
 
Posted by Bearclaw on :
 
StockJocky...
He'll be gone soon...like a fart in church...it too will pass...
 
Posted by Bearclaw on :
 
Heard you left pennies because it almost took all the cash you have...I'm still here trading...still have cash and didn't turn tail and run to mommy mumu or worm or whatever that is...Not running from you two...just bored...Seen you so many times before it just gets old...You'll be gone from here soon anyway...Go back to that little sheet blog you run worm...safe haven for you...
Wonder if the Feds are monitoring that too....

quote:
Originally posted by Grynder:
I think it's more a matter of him being a bitter old man thinking everyone's out to get him.
Then add on the bad investments he's made with little to no profit and you have a Bearpaw.


 
Posted by RiescoDiQui on :
 
I for one am glad I don't know what he's talking about.
I just wish he did...
 
Posted by Grynder on :
 
Too funny bear, yer more confused now than you were the last time we spoke. Senility and paranoia can creep up on a person, watch out behind you....LOL
 
Posted by Bearclaw on :
 
PLNI regulars here on AS...
There are a dozen or so self proclaimed stock guru's in Pennyland. The worm...identified here as "ReiscoDiQui" is one of those sick ego driven POS...He showed up here today for a reason...It may be he's looking for an entry in the mid to low .003's for him and some of his cherubs...he has his own website used to target penny stocks...who knows why he's here today???

Grynder is just one of his flunkies...no power there...just tags along...Worm's here today and he's here for a reason...Whatever the reason is it's self-serving...it certainly isn't to give any regular members DD to enhance your investment...purely selfish and self serving...

I'm done banging away at them and AS is aware of his group...so...we'll see what develops overnight...StockJockey...thanks for the input!!!!
 
Posted by Grynder on :
 
Get yer facts straight bear. Grynders no ones flunky. I do my own thing my own way and you should know that by now. You seem to like dishing it out but when it comes to taking it you switch to the other foot and claim "agenda's" left and right. Might be ok if your right about others but even though you and I are not on the same page you should know better than to toss me in with any low lifes.

Back stabber, liar ? C'mon now bear.......
 
Posted by Grynder on :
 
BTW bear, Yer still a grumpy old man......LOL
 
Posted by Chopper on :
 
Hey RiescoDiQui...
Do you work directly for the shorting MM's? Do they pay you in stock directly or is it somehow a laundered transaction? Why are you here? Are you the penny stock savior that was foretold of at the boxed wine cooler at the Christmas party? No position or motives.... hahahahaha right


Never answered Stock Jockey either...

Quote: The true key here worm_06 is stated in your post.

Quote: "Why would I hold a position in a dillutive stock like this? the fact that this is infact as documented by me, a pump and dump."

This is the exact problem, your missing a bunch a of documentation in your so called self documented DD. And I don't give a crap about your personal childish squabbling with other board members on other Boards! Why should I listen to a non shareholder that has a blog specifically intended to slander people. Your motives are suspect and not to be trusted.
 
Posted by RiescoDiQui on :
 
run along chopper, I have little time for puddle dwelling minows in this ocean.
 
Posted by Bearclaw on :
 
Grynder...

Really? So it's coincidental that you arrive here within 10 minutes of the "low life" you discussed? It's also just a coincidence that you take the same bashing approach as he did? I don't see both of you here in the past...so what's with that Grynder?

You never were anyone's flunky...I found it interesting you played the part today...I can take all you have to dish out...Remember I know you well...no skin of my arse...have at it Grynder...

Back stabbing liar is easy...If you had a problem with me you should have just PM'd me instead of jumping on the worm bandwagon...YOU GET THIS PART? You have my e-mail address...

Ya ...and when I know...and I know...when a player like worm shows up on a stock that I own then it means somethings up...then I get grumpy...don't fouk with me or my investment...what "is up" is a different issue altogether...

I disagree with folks here on Turek and PLNI sometimes but none of them come with a hidden agenda...They give me their take honestly...and...sometimes it gets a little hot but that's reasonable considering the drop in PPS lately...but...These are basically very good folks wanting a return on their money...the same as I do...and they also spend a lot of time doing DD and share that honestly...They just don't pop in for an afternoon ready for the masses to kneel and bow to the likes of the worm who brings information that all of us have known all along...Cut the sheet Grynder...I'll know when you decide to shoot straight and your not there yet!!!!!

The worm and his flukies have hidden agendas...Everyone who's been in Pennyland for a while have red flags up when it comes to him...Grynder..maybe.... be more careful who you team up with...then you won't get identified with them...has nothing to do with being on the same page...

I'll take the folks here on this PLNI thread any day any time over the likes of the worm or anyone similar to him...and...you know the lineup as well as I do...Pick your associates wisely Grynder...their agenda is to make bank no matter what that takes...legal or illegal...so I guess today was just a coincidence...OK...Lets hope you don't have more coincicences... You know the "Cry Wolfe" Story...hey?
 
Posted by Chopper on :
 
Hey Grynder...
Nice to see you again. You guys gotta play nice though or I'll have to take your Ipods and Laptops away from you guys... LOL

Nice Job Bear and stock.... Worm_06 is just bad news. His bashing posts of other people he is fighting with on other boards is just down right Bad form! And the partial DD is just a joke.
 
Posted by RiescoDiQui on :
 
No wonder you guys pick such crappy stocks then go on for months promoting them as the next best thing while losing money..
I've told you my screen names all of which are verifiable... yet somehow even though I exhibit nothing incommon with the people you think I am... You still don't get the point...
LOL
Call the TA and ask what the current share structure is compared with a year ago... They won't answer...
Call the company ask the same question.
They put you on hold and never come back.
Not to mention you have to take note of the fact that a known paid promoter is running rampant on the message boards promoting this stock as it drops like a rock...
 
Posted by Chopper on :
 
What the heck are you talking about rie?
This is just one of many stocks I and several others here have swung the daylights out of. You act like everyone here fell in love and married the company.
Like others I don't care about your so called promoters or your personal beef with them. We're here to make money and have fun.
If you have no position other than your Fued... get the heck off the board. I deal with enough petty garbage on a day to day basis to deal with goofballs with a god syndrome.
Your NO different than the so called paid promoters you are bashing! Good day to you sir... And best of luck on your next audience, your comedy routine Bombed here.
 
Posted by Grynder on :
 
Not really interested in yer arse skin bear. You remind me of that saying: "You know who I dont like ?.....Others.

It would have been a smart move on your part to go back and reread our interactions before going off the deep end on me buddy. Never lied, never stabbed and I dont appreciate being accused of such. I used to have respect for you, check my last couple RB post's to you. Not anymore, too feeble, too angry, too old,......... too bad.

I dont care what you have to say about stocks but when it comes to me, get yer facts straight !

Later all,
G.
 
Posted by Bearclaw on :
 
Grynder...
You gotta know your no longer respecting me will get me to loose sleep. Already found out you went after me "for fun...Just for the heck of it"...Others were wondering WTF you were doing...that was your explaination? ...maybe...
Mouth to big?

You wanted to see me react...Not old, not angry and certainly not a feeble as you Grynder...My health is fine and my mind is sharp...Can you say the same...feeble was a poor choice of words by you..I have my facts very straight about you Grynder...You got bored so decided to jump in...Get something that keeps you from getting bored...will ya? In the meantime find someone else to go after to keep you interested...
or...go read a damn book.....
 
Posted by Grynder on :
 
"I have my facts very straight about you Grynder...You got bored so decided to jump in..."

What happened to me being someones flunky ?
Are you SURE you have them straight this time ?

Maybe you should tell these folks you were wrong ?

"Already found out you went after me "for fun...Just for the heck of it"..."

Now my reasons for being here have changed ?
What about my "agenda" ?
Maybe you should tell these folks you were WRONG ?

"My health is fine and my mind is sharp...Can you say the same"

Are ya lookin to make some more rude, over the line comments about my health again ?

Yup, comments about my health and well being are taken very personal and so far your the only person to ever use it against me. How's it feel to stoop that low ?

Same 'ol bear, your story's change pretty quick nowadays. Next time, stand up, be a man and make your own phone call.
 
Posted by Chopper on :
 
Let's get back to DD guys! The pizzzing match is declared OVER! Now for some intresting DD. This came over from the SI sight and may have some merrit.

Here is an interesting post from 'ThinkingBig' over on SI:

What about this info???
SHO list please http://investorshub.com/boards/read_msg.asp?message_id=9033488
PLNI has had 373 Million shares naked shorted since Jan05, not including this month.
As one would suspect, the naked shorting began heavily during the run in May.
May – 79M shares at an average PPS of $0.009
June – 49M * $0.015
July – 35M * $0.015
Aug. – 33M * $0.015
Sep – 33M * $0.013
Oct – 36M * $0.01
Nov – 74M * $0.007
My source is http://www. buyins . net
The site offers the monthly naked short figures on 10 stocks per month for $10.
It looks to be legitimate information…
"ACCESS THE SQUEEZETRIGGER (TM) PRICE ON 15,000 US STOCKS
Our SqueezeTrigger database of nearly 300,000,000 short sale transactions goes back to January 1, 2005 and calculates the exact price at which the Total Short Interest is short in each stock. This data was never before available prior to January 1, 2005 because the Self Regulatory Organizations (primary exchanges) guarded it aggressively. After the SEC passed Regulation SHO, exchanges were forced to allow data processors like ********** to access the data"

I absolutely love it...... ..When PLNI starts to move up smartly, we'll organize a "..Long's phone and email assault.." on NASD, the SEC, the DTCC, and some important congressmen. ...We'll see just how much those BS pukes at NITE, SCHB and VFIN like that...

:-)
 
Posted by Bearclaw on :
 
Grynder...
Right here...not going anywhere...You said Feeble not me...How's it feel deepsheet???

Maybe you should have shut your mouth instead of bragging on the phone with another AS member...Stick with the Worm and that crew...
 
Posted by Bearclaw on :
 
Grynder...
You have a PM to take this off the board
 
Posted by Grynder on :
 
quote:
Originally posted by Bearclaw:
Grynder...
You have a PM to take this off the board

Tell the folks the truth about the worm and I and I'm gone.
 
Posted by Bearclaw on :
 
You appeared at the same time as the worm on the offensive...that's all I know...You tell folks whatever you like about that..and let's keep this off the boards...

quote:
Originally posted by Grynder:
quote:
Originally posted by Bearclaw:
Grynder...
You have a PM to take this off the board

Tell the folks the truth about the worm and I and I'm gone.

 
Posted by Bearclaw on :
 
Grynder...
I was just told via e-mail that...It seems I made a remark about your health several months ago that you took offense to. I was told that's why you appeared yesterday and coming at the same time as the "Worm" was just bad timing...

I don't remember the health crack I made Grynder but am sorry if your offended. I know you don't play pennies much and are involved in $1.00 to $10.00 companies...Good luck there Grynder.

Just be careful who's on a thread if you decide to jump in a frey. The Worm being here is serious stuff...more than just the regular crap that goes on the boards...We are into criminals when it comes to him...I was hammering away at him and you caught the flack.
 
Posted by Grynder on :
 
All good Bear, Thank you. Have a safe and happy New Year and GL to all in 2006.

G.
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:

Here is an interesting post from 'ThinkingBig' over on SI:

What about this info???
SHO list please http://investorshub.com/boards/read_msg.asp?message_id=9033488
PLNI has had 373 Million shares naked shorted since Jan05, not including this month.
As one would suspect, the naked shorting began heavily during the run in May.
May – 79M shares at an average PPS of $0.009
June – 49M * $0.015
July – 35M * $0.015
Aug. – 33M * $0.015
Sep – 33M * $0.013
Oct – 36M * $0.01
Nov – 74M * $0.007
My source is http://www. buyins . net

:-)

For this information to be useful, we need to know the total short position of various entities. How is this information collected? If they are merely adding all the trades marked with a short tag, we really don't have any useful information.

A good MM who does not want to accumulate a net position in a volatile pink stock will buy 'naked long' and sell 'naked short' until the flow of orders reverses. Most days there are heavy buys in the first half hour for PLNI. A MM who is flat coming in MUST sell naked short in order to fill any buy orders that hit his offer if there are no public offers in his(or orther MMs) book. He will then raise his bid/ask. If the buys continue, he will sell more naked shares and raise his ask again. Eventually he hopes someone sells and he can cover the naked shorts on his bid before the end of the day.

Look at the average daily volume and first hour buys. The numbers above indicate naked shorting of about 2.5 million shares a day. Many days the stock trades up early on all buy orders for that much stock or more. Many of these shares cannot be filled against existing public offers. That's not a lot of daily naked shorting and could easily be explained by normal MM two sided market activity.

Buyins .net has a naked short list it publishes daily. I admit I haven't read all their documentation to determine their criteria for a stock making the list. However, there are over 300 stocks on the list today, and PLNI is not one of them.

http://www.buyins .net/tools/short_list.php?ssd=20051228

If someone is accumulating a naked short position it means they believe it is a good risk/reward proposition. With so many garbage pinks and shells out there to chose from, why would someone believe there is no risk that PLNI could rise and blow them out? Why would someone feel this company could not come out with some news(restructure,takeover,audit,otcbb,etc) that would gap the stock up overnight without notice? If the VFIN sales where from this source, I'd be more concerned with why their DD leads them to such a negative conclusion than the activity itself. The hundreds of millions of shares VFIN and WDCO sold are not naked shorts, IMO. Too risky, and it ignores the obvious activities of the company management regarding issuing and distributing shares.
 
Posted by Bearclaw on :
 
What's with DOMS on the ask...He did the same thing on the bid side yesterday...
 
Posted by buckstalker on :
 
Wow...we went from WDCO to VFIN and now...DOMS.
I would never have guessed it....
 
Posted by buckstalker on :
 
quote:
Originally posted by Bearclaw:
What's with DOMS on the ask...He did the same thing on the bid side yesterday...

Looks like the new seller...go figure.
 
Posted by Bearclaw on :
 
He was on the bid side yesterday with the same share size Buck...He stayed on for a while and then disappeared...watching the ask side now...I don't think it's another VFIN...Maybe a distant cousin looking for a free meal...

quote:
Originally posted by buckstalker:
quote:
Originally posted by Bearclaw:
What's with DOMS on the ask...He did the same thing on the bid side yesterday...

Looks like the new seller...go figure.

 
Posted by state780 on :
 
Talked to Rodney at Big Apple today. Nothing great. PLNI folks will recall he said last week he was still hopeful that PRs on financials, share restructure and/or Semco would come out this week. Today he said a PR may come out tomorrow--"at least something minor...something is being reviewed." But no guarantee. He said he hasn't been given a timeline on future PRs. "Hopefully in the first couple of weeks" after New Year's, more would come out, he said, but he certainly wasn't making any promises.

He confirmed what I've seen on other boards: PLNI renewed its contract with Big Apple for another six months. I asked if they'd been paid with shares, and he said he didn't know.

That is all.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:

He confirmed what I've seen on other boards: PLNI renewed its contract with Big Apple for another six months. I asked if they'd been paid with shares, and he said he didn't know.

That is all.

Moving the dates out for future PRs doesn't surprise me, that's been going on forever. The really bad news is they renewed the BAC contract. This confirms to me (not that I had doubts) that company execs were not only aware of the misinformation BAC gave out regarding share structure, but was directing the scheme or paying for its development.

I think their hands are somewhat tied regarding PRs. They must be aware the SEC has received complaints so they should rise to a higher standard of accountability in public statements. It amazes me there is still enough buying without PRs and in a holiday week for VFIN to get off more shares. As long as this works they don't have to issue PRs.

Pinks selling shares is kind of like selling ice cream at a tourist trap. You can sell crappy ice cream without retribution. There is a steady stream of new tourists every day who get pulled in by the attractive sign out front. They never heard of you before and don't know your rep and you don't need their repeat business to make a buck.
 
Posted by Bearclaw on :
 
Stock...
Now this is a stretch...You really think your effort to get folks complaining to the SEC changed anything? Come on buddy...no way...not in Pinkies...Ice Creme is always good at the beach...I prefer lemon ice or popcicles but to each their own...

"I think their hands are somewhat tied regarding PRs. They must be aware the SEC has received complaints so they should rise to a higher standard of accountability in public statements."
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Talked to Rodney at Big Apple today. Nothing great. PLNI folks will recall he said last week he was still hopeful that PRs on financials, share restructure and/or Semco would come out this week. Today he said a PR may come out tomorrow--"at least something minor...something is being reviewed." But no guarantee. He said he hasn't been given a timeline on future PRs. "Hopefully in the first couple of weeks" after New Year's, more would come out, he said, but he certainly wasn't making any promises.


IMO, this company has managed to sell more shares to us (through VFIN) by keeping the hope for a PR alive. They probably do have to come out with some fluff tomorrow to maintain some form of credibility, but not much more.

Its helpful to look at how a street hustler sells junk jewelry. He knows if he says 'here's some jewelry, are you interested?' the buyer will look it over closely to see if its genuine gold or junk. He's not going to get many takers.

However, if he implies he's got 'hot' merchandise for sale, the buyers greed sets in and he buys figuring he's got the inside deal on some quality goods. The buyer doesn't inspect for quality since he figures no one would steal junk jewelry.

This company leaks or drops hints at big news PRs all the time. People buy hoping this will be the one they've been waiting for to launch the stock. Before they ever inspect the goods(the details in the PR) they buy the merchandise (the stock).
 
Posted by RiescoDiQui on :
 
becarefull stockhunter... soon bearnub will proclaim you are someone you've never heard of before and threaten legal action.
Yes I know... Frightening
 
Posted by state780 on :
 
quote:
IMO, this company has managed to sell more shares to us (through VFIN) by keeping the hope for a PR alive. They probably do have to come out with some fluff tomorrow to maintain some form of credibility, but not much more....

This company leaks or drops hints at big news PRs all the time. People buy hoping this will be the one they've been waiting for to launch the stock....

That, unfortunately, is the track record. As for the SEC, who knows if the completely legitimate complaints evidently filed there are affecting PLNI's behavior, but it's as plausible an explanation as any for the drastic reduction in formal communications with the public. Nothing good & solid & independently confirmable to report, so say nothing. (It's not because of any SEC-related "quiet period," as others have posted from time to time).

I'm very much hoping for a turnaround; I just don't see any positive signs at the moment.
 
Posted by StockHunter on :
 
May I remind people of the PM feature on AS. Its really a great tool. When you have something personal to take up with an individual, or something off topic, just hit the second icon from the left by their last post (the 2 people shaking hands by the envelope). You send a direct msg to the individual and can start your own private thread.

It helps keep the pissing wars to a minimum and lets people share comments and speculation that may not be appropriate for the full board.
 
Posted by Chopper on :
 
The Claw never threatened you Ries.... Stock and State have been in this stock for a long time and hold positions. All of us have been through all the DD 100 times. Now it's time for PLNI to get with the transparency issue and do what they have said they would do.

Now all I need is COLD to give me the Basher Bawahahahahahahahaha and my day will be Grand.
 
Posted by Chopper on :
 
Plasticon Builds Foundation in 2005, Now Positioned for Dramatic Growth in 2006
LEXINGTON, KY -- (MARKET WIRE) -- 12/30/2005 -- Plasticon International Inc. (OTC: PLNI) is pleased to announce that the company achieved many important milestones in 2005 and is now poised for dramatic growth in 2006.

"In 2005, we focused on fundamentally positioning the company for long term growth," said Jim Turek, President and CEO of Plasticon International. "First, we continued to strengthen our exclusive relationship with the largest distributor of building materials in the U.S. This contract gives us a tremendous advantage over our competition, with a network of over 63 strategically located warehouses nationwide. To give you a sense of our competitive advantage, our closest competitor has the equivalent of only 4 warehouses. Our distribution network, which is unparalleled in our industry, will continue to be a major advantage as we move forward.

Secondly, for the first time in the history of Plasticon International, we will control the manufacturing process from start to finish which will allow us to control our own destiny through the Pro Mold, Inc. production facility. From this point forward, we will no longer rely on contract manufacturing. The acquisition of Pro Mold, Inc. is significant because Plasticon will now be able to meet increased demand, offer our customers faster turnaround times on orders, and the new plant will give Plasticon more direct supervision of quality control issues. As a result of this acquisition, we will be receiving plant equipment and current contracts valued at close to $5 Million. Pro Mold, Inc. is currently profitable and generates revenues of approximately $5 million annually. We are proud to be acquiring one of the premiere injection molding companies in the Midwest. The acquisition was completed in November and is now awaiting SEC approval.

Third, Plasticon continued a tradition of product innovation with our patented line of rebar support products, including the new PAC Chair III the most versatile individual rebar support available in the market today, which represents a quantum leap in recycled plastics manufacturing technology, for the construction industry. Production capacity for all of our patented rebar support products is increasing exponentially as we replace the older generation of molds with the latest generation, most advanced, state of the art injection mold technology. This new generation of molds allows us to improve output costs, increase production capacity and improve efficiencies greatly. Additionally, our recently patented PAC Chair III product continues to exceed expectations and potentially may become our number one selling rebar support product We will continue to strive to be the most innovative force in recycled plastics in 2006.

Fourth, Plasticon is in the process of completing the acquisition of SEMCO Manufacturing, Inc., a cutting-edge surfacing technology company, which will allow us to synergistically offer SEMCO's surfacing products, which completely waterproof the surface they are bonding to, with Plasticon's existing rebar support product lines. SEMCO Manufacturing, based in Las Vegas, Nevada, since 1981, has provided their innovative surfacing products to many of the city's most impressive showcase projects, including the world-famous fountains at the Bellagio, Las Vegas's premier hotel-casino, the MGM Grand and The Venetian Hotel-Casino. Their eclectic customer base also includes high-profile commercial, public and private clientele. SEMCO is currently located in Japan, Hong Kong, Singapore and Australia, as well as the US. Due to the uniqueness of its product, which chemically cross links to the surface it's being applied to and the versatility of its applications, SEMCO could become the highest sales and revenue producing division of Plasticon International Inc. The market place for SEMCO's products is virtually unlimited, thus setting the stage for SEMCO to become the most profitable aspect to Plasticon business in the years ahead. The acquisition of SEMCO is nearly completed and should be finalizes in January, or early February of 2006. We look forward to sharing some exciting new developments regarding SEMCO in 2006.

Fifth, industry trends continue to favor the adoption of our recycled plastic products. There are four major industry trends that we believe are very advantageous to Plasticon over the next several years.

-- Environmental law is becoming stricter, so government regulation is
actually driving business to us. Compliance is a very serious issue in our
industry and increased environmental regulation helps our bottom line.
-- Our business is built on recycling so we have an incredibly abundant
supply of raw materials for our products. We work with one of the largest
suppliers of recycled resin products in the country. These resources are
not only plentiful; they are also cost-effective for us and our end-users
as well. In 2005, we contracted with 7 new suppliers of recycled resins,
broadening our base of supply, as well as increasing the availability of
resin which will enable us to achieve a major increase in our projected
rate of growth.
-- The price of steel is skyrocketing, which gives distributors and
construction companies yet another reason to use our recycled plastic rebar
supports rather than steel. This is true both domestically and
internationally.
-- There are industry indicators that show that there will be increased
domestic construction over the next several years. For example, the Senate
recently passed the $285 billion Transportation Bill, which we believe will
have a major impact on our business. Plasticon is the only company in our
sector that is DOT approved or accepted in all 50 states and territories.
International construction is increasing as well, and we are looking
forward to expanding our opportunities abroad.

Sixth and finally, Plasticon retired 200 million shares in 2005 as the first step in a share restructuring program. In addition to this the Company will be initiating a share buyback program starting early in 2006, designed to significantly reduce the number of issued and outstanding shares and to better reflect the earnings per share. As well we are completing our audit in order to up-list to the OTC: Bulletin Board. There will be announcements regarding the share buyback program and the audit coming in January of 2006.These events will drive growth and profitability for the Company and should be reflected in the value of our stock as we move forward into an exciting new year," concluded Jim Turek, President and CEO of Plasticon International, Inc.
For more information about Plasticon International, please visit the Plasticon International web site at www.plasticonintl.com.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



--------------------------------------------------------------------------------


Contact:
Investor Relations:
Ph: 866-843-2775


SOURCE: Plasticon International Inc.
 
Posted by StockHunter on :
 
I was expecting some fluff PR but that was shameful. The strongest point I made with Rodney was the need for them to state in writing(PR) what the stock structure was given the BS PR they put out in august claiming to retire shares, but failing to mention the massive increase in shares.

They did it AGAIN!! Its shameful, and the SEC needs to get involved here before more people get deceived into funding these guys. Talk about buybacks and claiming to have retired shares again, but no mention of the current share structure is dishonest. Fool me once, shame on you, Fool me twice, shame on me.

The fact that the SEMCO acquisition has been pushed back has me concerned they need to sell more shares to get this done. If they can get this done at all.

ProMold is still not completed supposedly pending SEC approval.

There is nothing in this PR, but confirmation that nothing has been finalized. Its just a continuation of their pattern of holding the carrot in front of our nose so we continue to buy shares from them. There will probably be a host of enablers on the BBs crowing about how great things are going to be and encouraging newbies to buy before the big january news. Like a soap opera, you go away for a year and when you come back, nothing's really changed.

Here's a great post by Jeffery S. Mitchell on SI. He lists 10 rules every pink investor should have posted on their wall. Its more pertinent now after the PR.

http://www.siliconinvestor.com/readmsg.aspx?msgid=22013649
 
Posted by RiescoDiQui on :
 
Stockhunter that is the biggest problem with pinksheets companies.
I have called PLNI numerous times and I get the run around everytime as soon as they find out I want to know the current share structure.
 
Posted by Bearclaw on :
 
Stock...
Your going over the top buddy...calm down...You knew a PR was coming today...You knew it was going to be an outline of the business plan...Chill man...
If what is in todays PR comes to fruition then an entry point is what is important now. If folks believe the PR they'll consider their entry and if they don't believe it then they won't play it...Remember the chioces that are crucial are ...
BUY, SELL or HOLD
 
Posted by RiescoDiQui on :
 
That's right stockhunter... if you keep making a fuss about losing money no one will buy this stock and bearnub here won't get his check from the prmotion company.
 
Posted by state780 on :
 
What a useless PR, what an insult to stockholders.

When will these clowns comprehend the meaning of "complete"? They haven't completed anything, including the "completed" Promold acquisition that's pending SEC approval--and not a word why the hell it would need SEC approval. I got that over the phone once--supposedly they were listed once and thus it has to be reported--but we all know how much that's worth.

And to mention a share buyback without even acknowledging the secret increase to 5 billion authorized shares, the 690 million (we hope) float and the 2.3 billion outstanding---how dare they.
 
Posted by StockHunter on :
 
The fact they claimed to retire shares this past year when they in fact issued more, and they are making more such claims now w/o telling us how much more the float increased (no way its 690 million) says one thing more loudly than anyting else.

Pink investors almost never sue over fraud, and the SEC almost never nabs a pink no matter how blatantly they flaunt the rules. These guys act as though they have complete ammunity. No fear whatsoever.

To say this is a dissappointment is a gross understatement. I'm more upset that the regulatory system does not work for pinks than I am about those who would take advantage of the the lapses.
 
Posted by lukin4winners on :
 
RVMN news out today coupled with the 5:1 forward split looking good http://biz.yahoo.com/iw/051230/0105014.html
 
Posted by StockHunter on :
 
VFIN on the offer right out the gate. LOL!
 
Posted by Murnak on :
 
I see the plan is still in play....just taking more time, I'm adding now!
 
Posted by StockHunter on :
 
Here's a fun read from The Motley Fool about hyping of penny stocks on BBs. Its from 1994 when Prodigy was the be-all of pennystock forums and the online pump and dump was in its infant stages. They thought the way hypsters ridiculed the skeptics was extreme then. Its funny reading the quotes now because its gotten a whole lot worse.

http://www.fool.com/School/Zeigletics/Zintro.htm
 
Posted by Bearclaw on :
 
Funny stuff,
You call the pumpers "pump and dump" "hypsters"
You call the bashers "sceptics"

Elevating our status are we? Poor...poor bashers...hahahahahah funny sheet...
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Funny stuff,
You call the pumpers "pump and dump" "hypsters"
You call the bashers "sceptics"

Elevating our status are we? Poor...poor bashers...hahahahahah funny sheet...

Their words, not mine. Read the article. The skeptics were just pointing out the truth -- does that make them bashers? The hypsters (their words) were pumping an investment scam. Maybe I just don't understand the semantics.

The article points out how viscously anyone who questions the news and rumors about a company that's being pumped is verbally trashed, belittled, ridiculed and intimidated. Where have we seen this before?
 
Posted by Stock Jockey on :
 
Good Post Bear..... Really Funny stuff! But what happened to your empathetic post? I guess only the Basher posts count as informed investors and the folks that believe in the company Don't count or have a say.


Quote: from BearClaw

Poor Poor bashers ...Maybe we should apply for federal aide for counseling the poor poor bashers...Maybe a mental health diagnosis (psychobashers) for being bullied so insurance will pick up the counseling bills....Whaaaa Whaaaaa
 
Posted by Bearclaw on :
 
Emathetic is right! Very insightful Stock Jockey!I know folks with "Persecution Complexes" and counseling works... Day at a Time...


Member Rated:
posted December 30, 2005 01:30 PM
--------------------------------------------------------------------------------
Good Post Bear..... Really Funny stuff! But what happened to your empathetic post? I guess only the Basher posts count as informed investors and the folks that believe in the company Don't count or have a say.


Quote: from BearClaw

Poor Poor bashers ...Maybe we should apply for federal aide for counseling the poor poor bashers...Maybe a mental health diagnosis (psychobashers) for being bullied so insurance will pick up the counseling bills....Whaaaa Whaaaaa
 
Posted by StockHunter on :
 
With today's PR this is good time to remind anyone who's interested that they can file a complaint with the SEC using the following link.

https://tts.sec.gov/acts-ics/do/complaint

If the SEC gets enough complaints about the company's misleading and numerically devoid statements regarding their share structure that could pressure them to give up the info before they sell us more shares.
 
Posted by Bearclaw on :
 
The stock is up today 23%...Make sure to report that too. Afterall we don't want to see this stock increase. Then we might celebrate and make statements that would be deemed Pumping by some of the resident sceptics..(politically correct enough?)...

But of course recommending flooding the SEC with complaints would be considered the decision of an infored investor...Come on...get real...
 
Posted by Murnak on :
 
I thought todays pr showed they have a plan and are workimg it!
The same repeat of what they have been trying to accomplish which I take as a good sign......

Have to see if the plan comes together..trade a few shares and make some money in the mean time!!!!!
 
Posted by Bearclaw on :
 
Murnak...
Did you get in today...We're up 30%+ now...Make sure to put in your SEC complaint that your making money. Afterall the company had the gaul to issue a statement clearly laying out their plans. Flogging for the capitalists...How dare they try and manage a profitable company...???

quote:
Originally posted by Murnak:
I thought todays pr showed they have a plan and are workimg it!
The same repeat of what they have been trying to accomplish which I take as a good sign......

Have to see if the plan comes together..trade a few shares and make some money in the mean time!!!!!


 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
The stock is up today 23%...Make sure to report that too.

The ends don't justify the means!!

Not everyone involved in this stock is a swing trader riding the waves of company propaganda for a quick buck. Many have sunk a great deal of money (and faith) into this based on the intentional, strategically planned misrepresentation of fact by the company. That should never be exceptable and anyone who understands this should feel a sense of obligation to prevent further abuse.

Others may see things differently and can sing the company's praises with a clear conscience. I could ignore the facts and try to pump this stock so I could sell it higher, but that's would be dishonest based on what I see. I feel very stongly that this company has done wrong and will continue to sell shares under false pretenses if no one holds them accountable for their actions.
 
Posted by Bearclaw on :
 
posted December 30, 2005 02:01 PM
--------------------------------------------------------------------------------

quote:
--------------------------------------------------------------------------------
Originally posted by Bearclaw:
The stock is up today 23%...Make sure to report that too.
--------------------------------------------------------------------------------

"The ends don't justify the means!!

Not everyone involved in this stock is a swing trader riding the waves of company propaganda for a quick buck. Many have sunk a great deal of money (and faith) into this based on the intentional, strategically planned misrepresentation of fact by the company. That should never be exceptable and anyone who understands this should feel a sense of obligation to prevent further abuse.


Others may see things differently and can sing the company's praises with a clear conscience. I could ignore the facts and try to pump this stock so I could sell it higher, but that's would be dishonest based on what I see. I feel very stongly that this company has done wrong and will continue to sell shares under false pretenses if no one holds them accountable for their actions."

Stockhunter...
Your an informed investor, sceptic, and not a basher so we should accept this take without question. You know for certain that the company sells shares under false pretenses...How do you know that for certain? You don't!!!It's only your opinion...

Plus, you have stated you are waiting for an entry point if significant news occur...specifically audit and share accountability...Yes?...Bashing a company sure would not effect a PPS and drive it lower to pick up cheap shares..."Sceptics" never would do that...It would be dishonorable...and they might be held accountable too...

You have absolutely no proof at all that PLNI is not working on and ready to implement "ALL" that they stated in todays PR...None...But you have taken liberties of calling the CEO a liar and a theif...but that's not bashing...It's being critical...Come on...Some of us would like to enjoy the rise in PPS and hope it continues...no matter what the entry price...
 
Posted by bond006 on :
 
When good old James Turek was growing up I wonder if his mother ever knew just how much attention he was going to get as an adlut. lol still in and holding
 
Posted by Chopper on :
 
Stockhunter,
I do enjoy your opinion....but it is just merely that, an Opinion! Based on what you perceive as Pink stock trading patterns and what you wish to Read into Plasticon's PR's.
I wish to read in a more positive direction and no matter what Old crap people bring to the table here, I happen to be interested in the future! Bringing up old 1994 one sided view point articles doesn't add to my DD experience. I could post the entire Basher Handbook here if you like and it makes those that post negative information on a Daily basis appear to be PAID BASHERS. I don't post the positive press releases over and over again.
How about we all respect each others opinions and back off with the relentless campaign to discredit Jim Turek. I think all here are very capable in making up their own minds based on Their Own Due Diligence.
Happy New Year and GLTY
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
You know for certain that the company sells shares under false pretenses...How do you know that for certain? You don't!!!It's only your opinion...

Plus, you have stated you are waiting for an entry point if significant news occur...specifically audit and share accountability...Yes?...Bashing a company sure would not effect a PPS and drive it lower to pick up cheap shares..."Sceptics" never would do that...It would be dishonorable...and they might be held accountable too...


As to my knowing or opining on the share sales being under false pretenses, this is what I know.

I know the company issued a PR in august stating they were retiring 200 million shares. I know they did not state the share structure in that PR. I know in my 30 years in this business I have never seen a legitimate company issue a press release announcing a change in share structure without stating the updated share structure. I know they then updated the o/s, float and number of shareholders on pinksheets, but DID NOT update the a/s which was 50% higher than the reported number. I know the 1.8 billion listed o/s was exactly 200 million less than the 2.0 billion wrong number listed for the a/s. I know the 200 million difference in o/s and a/s exactly equalled the 200 million number supposedly retired in the august PR. I know the odds against this being just an interesting mathmatical coincidence. I know Matt at BAC told me the a/s was 2.0 billion. I know Matt said they could not increase the a/s w/o informing investors and giving them a chance to vote on the increase. I know I contacted BAC and Plasticon in writing complaining about the misinformation. I know they received the info and would only respond to my questions by phone. I know BAC continued to give out false info after they knew better. I know plasticon is still using BAC after the first 6 month contract even though they are aware they knowingly gave out false share info. I know the a/s, o/s and float increased during this time. I know the company issued numerous PRs stating the acquisitions were not dilutive. Many others have reported conversations with company officials and BAC stating the share structure had not changed(this is the only part I don't "know" for sure).

Do I know or just my opinion. To paraphrase Don Rumsfeld - I know what I know, and I know what I don't know, and I know I'd be a fool to not realize the company has sold shares under false pretenses.

As to your second point. I buy and sell securities based on news and information. I don't remember specifically saying the where, when or why regarding my future trading plans so you don't need to do that for me. While I'm not thrilled you would question my motives as dishonest, it bothers me more that the strategy you suggest puts my intellect in question.

Why would anyone try to drive a stock lower to buy shares cheap if they believe the company has to sell shares and raise a given amount of money in a given time to finance its operations? The lower the stock goes, the more shares they have to sell(and authorize, and issue). The stock would tank and the company would dilute the shares even more. The insiders issue themselves extra shares as well to maintain their stake, but our stakes get destroyed. Its a self defeating strategy.
 
Posted by Bearclaw on :
 
"Do I know or just my opinion. To paraphrase Don Rumsfeld - I know what I know, and I know what I don't know, and I know I'd be a fool to not realize the company has sold shares under false pretenses."

OK ...so you don't know. Why don't you just say I don't know?


"As to your second point. I buy and sell securities based on news and information. I don't remember specifically saying the where, when or why regarding my future trading plans so you don't need to do that for me. While I'm not thrilled you would question my motives as dishonest, it bothers me more that the strategy you suggest puts my intellect in question."

I never questioned you intellect. Your obviously a bright guy. I do wonder however, why you spent so much time today being a "Sceptic" when there was an obvious early entry and an exit that you could have made a profit. This stock was moving today on the PR. We're here to make a profit on our investment...so...If I questioned anything it was your motives today.


"Why would anyone try to drive a stock lower to buy shares cheap if they believe the company has to sell shares and raise a given amount of money in a given time to finance its operations? The lower the stock goes, the more shares they have to sell(and authorize, and issue). The stock would tank and the company would dilute the shares even more. The insiders issue themselves extra shares as well to maintain their stake, but our stakes get destroyed. Its a self defeating strategy."

Are you kidding...bashers play stocks that are diluting (your assumption of PLNI) all the time and make a bundle when the stock price recovers.
The MM's love this kind of situation...That's one reason why they pay "Skeptics" (bashers)
Making broad based assumptions that they are continually diluting to finace their operations is your assumption. You have no proof.

You have cleverly layed out a gloom and doom theory over the past few months that may in fact be totally wrong. Nobody knows till we see the audit. Today's PR clearly layed out the business plan. No one here pumped after the release. You were the first one in this thread discrediting the PR...So what's the deal with that?
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
Stockhunter,
How about we all respect each others opinions and back off with the relentless campaign to discredit Jim Turek.

Chopper,

We do see things differently, but I do respect your opinion. Where I take exception is your charactorization of a "campaign to discredit Jim Turek". It a campaign for information in an environment seriously devoid of vital information. Investigating JT is perfectly legitimate seeing that he controls the company. His actions, past and future, are a key element in determining what to expect in the future. He has plenty to answer for and not just the misleading share structure and constantly changing dates.

There was a very ineresting post on RB a few days ago. It looks at the 2004 filing for Telco Blue, a Turek company. It shows more of what we saw in this year's Telco Blue filing. That is, Turek controls a number of entities. He loans money from one to another and has forgiven those loans.

When a company sells shares to the public to finance its operations, then lends money to another entity owned by the principal owner of both companies, then forgives the debt, we all need to be concerned. Plasticon just forgave a loan to Telco Blue this september. They did a lot more of that in 2004 with Telco blue, Plasticon and a couple other entities Turek owned. There is nothing to stop him from selling shares in PLNI, loaning the proceeds to another entity he controls, then forgiving that loan. A total shell company paying him a salary can be financed with our money and we see nothing for it. Since we know he has done this in the past its not bashing Turek to suggest we are at risk he may do this again. Its just common sense concern.

Here's the link. Its an interesting read.

http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=28096
 
Posted by Bearclaw on :
 
Chopper...Stock Jockey
Maybe we need to drop this...all it's doing is giving Stockhunter cause to drag up old DD that we've all heard over and over again...Signing off...

Good day today...looking forward to next week...
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:

Are you kidding...bashers play stocks that are diluting (your assumption of PLNI) all the time and make a bundle when the stock price recovers.
The MM's love this kind of situation...That's one reason why they pay "Skeptics" (bashers)
Making broad based assumptions that they are continually diluting to finace their operations is your assumption. You have no proof.

Well Bear, If you really believe MMs make money paying people on pinksheet BBs to bash a stock so they can buy the bounces, then I'm not going to be able to convince you of anything. I've been in this business a long time and I can assure you these guys aren't trying to make their coin accumulating pinks cheap through nefarious means. Pinks go down, then die. Over and over again. A rare few go up after dilution and the MMs aint smart enough to know which ones. When you're the casino you don't place bets at the roulette wheel.
 
Posted by Bearclaw on :
 
quote:
Originally posted by StockHunter:
quote:
Originally posted by Bearclaw:

Are you kidding...bashers play stocks that are diluting (your assumption of PLNI) all the time and make a bundle when the stock price recovers.
The MM's love this kind of situation...That's one reason why they pay "Skeptics" (bashers)
Making broad based assumptions that they are continually diluting to finace their operations is your assumption. You have no proof.

Well Bear, If you really believe MMs make money paying people on pinksheet BBs to bash a stock so they can buy the bounces, then I'm not going to be able to convince you of anything. I've been in this business a long time and I can assure you these guys aren't trying to make their coin accumulating pinks cheap through nefarious means. Pinks go down, then die. Over and over again. A rare few go up after dilution and the MMs aint smart enough to know which ones. When you're the casino you don't place bets at the roulette wheel.
So your expaination is this roulette wheel analogy...damn boy...you can do better than this...I notice you only chose to answer a fraction of what you were challanged on...Yep I was right You are a bright guy!
See ya all...gotta got GLTA
 
Posted by Chopper on :
 
Quote: "I feel very stongly that this company has done wrong and will continue to sell shares under false pretenses"

StockHunter.... Please, do we have to resort to slander? Your stepping over the line there buddy. Stuff like that can get you in huge trouble with the SEC. Should all the longs mount a campaign to report all your posts to the SEC?

Here is a good article on folks that slander companies on the blogs.

http://www.forbes .com/home/forbes/2005/1114/128.html
Here is one paragraph from the article.

"Blogs started a few years ago as a simple way for people to keep online diaries. Suddenly they are the ultimate vehicle for brand-bashing, personal attacks, political extremism and smear campaigns. It's not easy to fight back: Often a bashing victim can't even figure out who his attacker is. No target is too mighty, or too obscure, for this new and virulent strain of oratory. Microsoft has been hammered by bloggers; so have CBS, CNN and ABC News, two research boutiques that criticized IBM's Notes software, the maker of Kryptonite bike locks, a Virginia congressman outed as a homosexual and dozens of other victims--even a right-wing blogger who dared defend a blog-mob scapegoat."

Here is a post from the market watch board.

http://www.market watch.com/discussions/msgReader.asp?siteId=mktw&parentId=2&forumId=23&boardId=16272&msgId=56757

Rules for Successful Bashing:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.
3. Let others help you learn about the stock. Build rapport and a
support base before initiating your Bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build softly.
8. Identify your foes (Longs) and the boards "guru" Use them to
your advantage. Lead them do not follow their lead.
9. Only Bash until the tide/momentum turns. Let doubt carry it the
rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "Basher". Newbies won't
know your history.
15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the
company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to
reinforce facts.
19. DO NOT LIE, NAME CALL or USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings.
21. Discourage people from believing Press Releases.
Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary
mass reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the Longs into personal debates putting their
focus/efforts on you and not the stock or facts. Divert their attention from facts.
28. Promote other stocks that would-be investors can turn to
instead of the one your Bashing.
30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules. --------------------------------------------------------------
Grade 'A' Basher:
If you post lots of old news, respond to all positive posts with a negative side. Never respond to being called a Basher, never post on another board with same alias. Can spend up to 80 hours a week Bashing a stock.

Grade 'B' Basher:
Very good way with words, always claims to be your "friend" taking the positive poster into confidence, never posts on another board, spends about 60 hours a week.

Grade 'C' Basher:
Spends less time than the others but is somewhat effective and gets a C grade due to getting excited when Bashers rules say not to get excited, spends about 40 hours a week.

Grade 'D' Basher:
Needs to learn the basics about being convincing when making a negative statement. Spends a good amount of time working the stock, maybe 20 hours a week.

Grade 'F' Basher:
A complete idiot, most readers are not convinced he knows anything about stocks in general. The type that says a stock "sucks", but gives no rationale, shows up every so often but no regular schedule
 
Posted by Bearclaw on :
 
Dang...Great post Chopper hahahahah
Glad I stopped back...OK lets see now...

Lets assign you some numbers, wonder who this might fit?

Starting with.....numbers...

1, 2, 3, (don't know about 6 )that's why they call it an alias), 7, 8, 10, 11, 13, 14, 15, 16,
17, 18, 19, 20, 21, 22, 23(today for sure plus call the SEC), 24, 26, 27, 30

Based on the Basher Grading System I'm assigning our resident Skeptics a "B+" Congratulations and HAPPY NEW YEAR!!!!
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
Quote: "I feel very stongly that this company has done wrong and will continue to sell shares under false pretenses"

StockHunter.... Please, do we have to resort to slander? Your stepping over the line there buddy. Stuff like that can get you in huge trouble with the SEC. Should all the longs mount a campaign to report all your posts to the SEC?

Please do!! If they read all my posts they'd learn a lot more about the questionable activities of a pink stock than the heartfelt, straighforward, logically and factually backed opinions of a single investor.

FWIW, speaking generically, getting the SEC to go after any pink no matter how agregious the transgression is a longshot. Investors get burned all the time by pinksheet scammers because they know how little risk there is of retribution. Its up to investors to hire a lawyer and sue the company. Pink sheet investors are usually small and don't have the huge losses or resources to make hiring a lawyer sensible.

Conversely, if a company does not like opinion expressed on a blog, they would have to hire a lawyer rather than expect the SEC to do anything. If Plasticon brought me to court they would not only lose the case, but if it proceeded to trial it would make public a lot of uglyness they certainly would not welcome.

This thing gets more like a cult everyday.

Plasticology.
 
Posted by state780 on :
 
Super posts, Stock, well done.

It's just silly to suggest anyone has slandered Turek for selling under false pretenses when that's exactly what he has done. Dredging up this basher's bible baloney is the sign of a lost argument IMHO.

I won't belabor everything that was said here today, but just one example: Plasticon amazingly has still not explained the secret 5 billion a/s filing, the higher float and the higher o/s--and they have the gall to put out a PR speaking of a 200 million share buyback without mentioning any of that. If that's not deceptive, words have no meaning.

And Big Apple has lied, that's just a fact. Matt Maguire, for one example, lied to me after the 5 billion filing, saying it had always been at that level for as long as they'd been representing PLNI. It doesn't get more false than that.

Rodney has been playing it straight, as far as I can tell, certainly with me. One area where I disagree with Stock is the status of Big Apple. Stock's disappointment that their contract has been renewed is understandable given their record, and how that reflects on PLNI. My fear, however, was that if the contract wasn't renewed, it would have signaled a near-term collapse of everything, with Plasticon just giving up the ghost. Whether Plasticon has yet more plans to game the system or, heaven help us, a serious non-B.S. strategy to turn things around, the contract renewal gives me a little hope for the future.

So we had a nice 12.8% increase today--better than a 12% decrease, which is the usual lately. As always I'll be very happy to see a turnaround, but we are still in a position where Plasticon has achieved n-o-t-h-i-n-g they said they would since May of 2005. That's the track record, that's why we're so low; bashers--as if!--have nothing to do with it.

FWIW I'd attribute to today's modest spike to three main reasons 1. The triumph of hope over reason 2. New buyers who haven't had the chance to separate DD from the mountains of garbage (from all sides) on the boards, and focused on the 200 million & etc. share reduction talk, unaware of the explosion in a/s and growth in float and o/s not included in the PR; 3. Hope, I offer no opinion how rational, by longs focusing on Turek's statement about share reductions to come.

Everyone have a safe New Year's, and may we all live to fight another day. Remember New Year's Eve is amateur night for drinkers, so take extra precautions on the road.

Here's to a greener 2006.
 
Posted by Bearclaw on :
 
State...

Why keep any hope at all...Trash that little hope that's left and give completely in...If you buy all this gloom then why fight it...Accept your loss and get out. Posts like yours don't attract any new investment...Thanks to the folks who neutralize this kind of doomed outlook visitors here will see your depressed views clearly and make a choice...The dark side or the Jedi...

You folks have drawn a picture out of opinion that you have convinced yourself is now fact slowly over time...a scenerio that will never get you your investment back...The astroid is about to hit...So sell..

My picture is different and I see this as a life changing company for me and my family...Of course using the same facts as you used for your opinion...based on only opinions...No one knows but you claim to know based on conflicting data received by multiple doomers...partially from a company paid to promote PLNI...

Have you ever put your hand or eyes on anything else but your keyboard where PLNI is concerned...All the time you use beeching you could have taken a trip to see and talk to principles...ProMold would be a great visit IMO...Folks have made those visits...You may want to connect with a few...
IMHO
 
Posted by StockHunter on :
 
State,

Thanks for your well though out posts. Wanted to PM you at times but noticed its not enabled. As to Rodney playing it straight, I think he knows who he's talking to and that he can't pull the wool over your eyes. When I talked to him I let him give me the BS, then I let him know in no uncertain terms how inappropriate it would be to tell any more lies to anyone. Not saying I straightened him out, just that he knows we're not all blank slates with which to work.

BTW, he gave me his email address and was supposed to send me some contact info, but I did a summary of our conversation in the email I sent him and he did not reply. They are very crafty from the legal side. If they respond to the email, it confirms they are aware of the information in the contents. Never leave a paper trail, never list the share structure in a PR, always use forward looking statements to hide behind Safe Harbor. Their lawyers do earn their keep.
 
Posted by state780 on :
 
Thanks Stock. Never really noticed this board had PM capability. I've enabled it for now, give it a test sometime if you want to ping me.

Best wishes, Bear. I don't know how you assign the word "opinion" to a track record that includes multiple failures to release the audit on the schedule provided by the company, the failure to acquire Promold by the date announced, the failure to acquire Semco by the date announced, the failure to explain the secret 5 billion a/s etc., not to mention growing the share count after an announcement they were reducing it...

The problem is, these are the chief verifiable facts. If they want to improve their performance, I assume they still have that option and hope they are working for it. But I'm not going to make excuses for them either.

If you've been reading my posts since May, you'd know that in earlier months I rejected claims that PLNI was some kind of scam, because it was a real company making real things. I still believe that's true, and that's one reason I'm still here. But Plasticon is not my religion and it is not my best friend whose feelings I'm afraid of hurting. They are a company; I judge them by the record, which for the moment stinks.

The upside for PLNI currently rests mainly on hope, which may or may not be well-founded, that they will start achieving some of the things they have promised for so long. I'd love to see that happen.

To answer your question, I haven't visited Promold, Semco or Plasticon. I am confident they all exist, and I already know PLNI doesn't yet own Promold or Semco, which is my main interest in them.
 
Posted by BuyTex on :
 
good post
 
Posted by George on :
 
You guys are making me cry.....I am also waiting for facts from the company before I get back in this one. I made a little on it and would like to try it again if they would just get some of the facts out..... good luck guys....
 
Posted by Bearclaw on :
 
State and Stock...
Not getting the information out does not equal lying...it does not equal the shots folks take at Turek. I see those remarks as impatient, frustated and looking for scape goats to vent. The PR Friday explained what they intend to do. They also mention SEC involvement...I don't know what this means either. I don't know why this took so long. IMO ProMold is a done deal based on my own DD, done, finished, in the can. IMO Semco is still in process/delayed but I don't know that and I don't know what the delay is. I'm waiting to find out. IMO the Audit is done and the hang up may be associated with SEMCO...but I don't know that for sure and I'm waiting for all this just like you...Welcome to investing in Pennies...welcome to delays in business operations in a growing company...

I'm not happy at all with the information not coming out earlier. Who in their right mind who owns shares is. Hell, I'd like to have already cashed in...feet up drinking a cold one celebrating...I want to cash in today...not going to happen buddy...

Yes, I remember all your posts in a general nature. You and stock have numerous well thought out information that you provide. No doubt about that fact. The fact that you have well thought out posts, however, does not make them and the information fact...I think the conclusion that Turek is a liar and a crook is dead wrong, unfair and defeatest in nature. I too have never had faith in the information from Apple so I incorporate that into my decisions. I do think their involvement will be an advantage if and when all the information falls out.

I understand why some folks have lost faith. From the conversations I have had, the DD that I have acquired and the products PLNI will market and sell when this is over gives me more than hope. I'm excited as I can be for the future of this investment. I'm a Swing Trader not a Daytrader with PLNI so I hope it moves to my trading advantage soon. This stock has been a wonderful swing trade opportunity in the past and a great way to add to my share position. Even as the PPS dropped from .019 to the present level.

We don't necessarily see the information different...We just conclude different things. That's a good thing. Fair and balanced. It just seems this thread has been too one sided as of late and many posters who believe in PLNI and Turek are posting elswhere and communicate with Private Emails and phone calls...Not exactly sure why that is but I do know where to go and get that input as well as coming here to get the other outlook...I do appreciate your efforts but for the life of me can't understand some of the decisions, especially during times where we all have opportunity to add to our current positions.

Friday was a good opportunity to make some money or increase a position in PLNI and the continued frustration baffled me to no end...The other threads were having a party and the paid bashers came out in battalions...That I get...Just don't get this guys.

Have a wonderful holiday and I hope 2006 Rocks!
 
Posted by state780 on :
 
quote:
They also mention SEC involvement...I don't know what this means either. I don't know why this took so long. IMO ProMold is a done deal based on my own DD, done, finished, in the can.
According to Rodney, and as I posted two weeks ago, the "SEC involvement" (Promold acquistion not yet completed because it requires SEC approval) means paperwork had to be filed because Promold was once traded publicly (OTCBB, if it recall correctly). Rodney (naturally) characterized this as more of a notification.
 
Posted by Bearclaw on :
 
State...
I mostly disregard Apple...Have for a while...It's nice to hear positive things out of their office but they are basically a PR machine...Rodney seems to be a better communicator but he still reports to others...Maybe after it all falls out I'll give more weight to them.

The operation at ProMold is up and running...Extruders are operating and the raw materials are in abundance...Orders are solid and the shifts are running hard...Folks on site believe it's a done deal so I'll go with them...If your right and it's just a matter of paperwork to the SEC then all production revenue should start the day the papers were signed...That's cool with me...
 
Posted by BuyTex on :
 
I liked talking to Howe...thought the first guy at Apple was a stuffed shirt.
 
Posted by state780 on :
 
quote:
If your right and it's just a matter of paperwork to the SEC...
Rodney of Big Apple said that. Not me.
 
Posted by state780 on :
 
Actually, to clarify even more--because sometimes people run with these things more than they merit--it was one of those I'm-not-promising-you-anything conversations. He said papers had to be filed because Promold had been traded publicly in the past. I didn't get into a long conversation about how routine this was or was not. Actually the main thing I was trying to clarify was whether an "SEC quiet period" related to filing for OTCBB status or anything else was the reason for no PRs, and the answer was an emphatic "no."
 
Posted by Chopper on :
 
Special Update From the Green Baron

Plasticon Intl. (PK: PLNI)

Plasticon Builds Foundation in 2005, Now Positioned for Dramatic Growth in 2006

Plasticon has just released what appears to be a very significant and positive update. The Company outlines six factors that appear to position itself for major growth in 2006. Specifically, we are most encouraged by the statements that “we are completing our audit in order to up-list to the OTC: Bulletin Board” …and … “There will be announcements regarding the share buyback program and the audit coming in January of 2006.”

In a conversation last night, The Green Baron Report was assured once again that Plasticon has absolutely no intention to reverse split the stock. All the reasons that we originally supported Plasticon appear to be in tact, and we are very confident that the Company will deliver on many promises and statements made in this press release. We may not need to wait for January to see this one move.
 
Posted by sharkone on :
 
I see there are over 76 pages on this thread.I went to their website and everything sounds legit. So, what is the bottom line on this company. All opinions and comments would be greatly appreciated.

Thanks in advance,
Sharkone
 
Posted by Dustoff101 on :
 
Green Baron? Paid pumping machine. Remember their involement with CMKX?.

When I see them on a stock? I run!

Correct me if I'm wrong, but are their not some convicted criminals at Green Baron..Or is that just scuttlebutt from the street.
 
Posted by Chopper on :
 
Bottom line is Plasticon needs to follow through on all their PR's in the months of January and February and also become transparent with full Audit disclosure. .0036-.0045 appears to be the bottom range. This could be a very fun stock in 2006.
 
Posted by RiescoDiQui on :
 
Call the company and ask them what their share structure is.
 
Posted by Dustoff101 on :
 
quote:
Originally posted by Dustoff101:
Green Baron? Paid pumping machine. Remember their involement with CMKX?.

When I see them on a stock? I run!

Correct me if I'm wrong, but are their not some convicted criminals at Green Baron..Or is that just scuttlebutt from the street.

------------------------------------------------
Bump! strange, a few of us posted at the same time.
 
Posted by sharkone on :
 
Chopper,

Thanks, but what do you mean by "become transparent with full audit disclosure?" Confused with the language.

Sharkone
 
Posted by RiescoDiQui on :
 
Sharkone this company refuses to make the public aware of it's financial or share structure.
They have been promising since july to deliver an audit.
No one here knows how much if any money this company makes nor do they know how that money is either made or lost.
Also no one here knows how many shares of company stock are out there on the market...
Again the company refuses to address these issues.
Chopper thinks .0035 is the bottom?
LOL
 
Posted by Chopper on :
 
Shark,
Go back and read the Motley fool article on PLNI. There were a lot of good questions that need answered. But as far as being transparent.... I would like the True share structure disclosed, the two acquisition details, cash flow, any deluting that has occured, contract info.... You know the usual stuff.
No matter how much folks giggle and and bash the stock based on innuendo none of us really know the actual inner workings of this company yet. With disclosure.... which Must come soon, we shall see if we have a diamond or a lump of coal. GLTY
 
Posted by sharkone on :
 
Chopper,

The product sounds legit...why wouldn't they want to disclose share structure, etc.

Shark
 
Posted by sharkone on :
 
RiescoDiQui,

Are you holding this at all, waiting for the bottom, waiting for disclosures...you don't believe the bottom would be .0035....think it can go lower?

Shark
 
Posted by RiescoDiQui on :
 
Shark I owned it at one time.. I have since sold..
I might buy back in when they report something trustworthy and positive.

Were it not for the transparency issue the company has a revolutionary product and looks to be full of great ideas...
Why the lack of transparency? Who knows.. they could just be lazy or figure it really isn't important... hard to say... Could be that they are dilluting the stock..
No one knows untill they start reporting.
 
Posted by sharkone on :
 
Again, my ignorance shines through...what do you mean by dilluting the stock? Thanks in advance.

Shark
 
Posted by Chopper on :
 
Shark,
IMO they are busy getting the details of the acquisitions, contracts, production scheduling, audit, uplisting ect. in order and hopefully all the details will be disclosed very soon. Plasticon has really stuck their neck out to many times Not to get these issues completed and disclosed. The preasure is on!
 
Posted by RiescoDiQui on :
 
quote:
Originally posted by sharkone:
Again, my ignorance shines through...what do you mean by dilluting the stock? Thanks in advance.

Shark

Dillution means the company is issuing more stock into the market... This dillutes the value of the stock.
Simple supply and demmand is what drives a stock's price and if the supply is being increased the price will go down.
No one can absolutely verify this is what is happening with PLNI right now... But no one can deny it either.
Alot of times small companies issue more shares to pay for their operating costs.. they don't have money but the do have shares..
This happens all the time in small companies... and is understandable... It is that the company does not report any of this that is of concern.
 
Posted by sharkone on :
 
Why then, was there a little 12.82% bump last Friday....does anyone know something that hasn't been disclosed yet?

Riesco and Chopper...thank you for all your comments and insights. A newbie like me really appreciates all the insights!

Shark
 
Posted by Chopper on :
 
Shark,
Depending on the company's cash burn rate and the amount of revenue coming into the company they may need to sell authorised shares into the market to pay for things like acquisitions, new machinery or just general adminstrative expences like the contract with Big apple that was renewed last month. All these issues are legit for an upstart company but that doesn't ease the current stockholders fears when there are no 10q's currently being filled. Like I said the Preasure is on!
 
Posted by RiescoDiQui on :
 
Chopper is right... For a small company with no money it is understandable... What is not tolerable is not telling shareholders about this.
Only time will tell.
 
Posted by Dustoff101 on :
 
Sharkone, you will better served to play these Pinks for a few hours, not days weeks or months.
 
Posted by Chopper on :
 
Shark,
The key is timing if your a swing or long trader in any penny stock. There is a lot of merrit to the saying "buy on rumor sell on news". The stock on Friday peaked to .051 on the PR that outlined a 6 point plan to becoming Transparent and then fell to the closing price of .044. This happens with all stocks. The issue with Plasticon will be the follow through on this Pr.

This trading pattern we have been in is synonymous with the pink market. No new PR or industry related news, the flippers, swingers or day traders have long left, the weak get tired, sell and leave as their threshold of pain is reached. The short interest mm’s play the game with just the right mix of Vapor shares to drive the stock price down looking for new weak hands to accumulate more shares on the way down.


quote:
Originally posted by sharkone:
Why then, was there a little 12.82% bump last Friday....does anyone know something that hasn't been disclosed yet?

Riesco and Chopper...thank you for all your comments and insights. A newbie like me really appreciates all the insights!

Shark


 
Posted by successinstock on :
 
Happy New year everyone....just got back from a long awaited vacation....

Still long and strong here ... waiting for a great PLNI year!!
 
Posted by Chopper on :
 
Welcome back Success and Happy New Year to you also.
 
Posted by Bearclaw on :
 
Hey Chopper...
It's Monday and you couldn't resist doing some more DD on this puppy....hahahahaha...I'm outa here till late tonight...stuff to do...I hope hahahaha

quote:
Originally posted by Chopper:
Welcome back Success and Happy New Year to you also.


 
Posted by Chopper on :
 
LOL
No Bear, today is chill out day. Ham and Cabbage on the stove bread in the oven and football on Tv. Hope your day is going well also.

quote:
Originally posted by Bearclaw:
Hey Chopper...
It's Monday and you couldn't resist doing some more DD on this puppy....hahahahaha...I'm outa here till late tonight...stuff to do...I hope hahahaha

quote:
Originally posted by Chopper:
Welcome back Success and Happy New Year to you also.



 
Posted by BuyTex on :
 
what games you following, Chop?
 
Posted by Chopper on :
 
Gator bowl for me. VT won..... And you?
 
Posted by YellowSubmarine on :
 
PLNI - I'd strongly suggest that you complete your collection early on 03JAN06, then hang on to your hat....

PLNI has been the subject of a mass bash on several other stock discussion systems, and the detractors are in for a 1st Class Annual Prostate Exam over the next few weeks..!!! References: http://www.siliconinvestor.com/readmsg.aspx?msgid=22021053 and http://www.siliconinvestor.com/readmsg.aspx?msgid=22012179

The MFMMMs have a massive Naked Short against PLNI, and we are going to organize a huge assualt on Congressmen, the NASD, SEC and DTCC to bring pressure on resolving this BS situation as the PPS rises on forthcoming News. Collectively and cooperatively we'll break the shrivelled stones of both the MFMMMs and any real OFFSHORE or Canadian Shorts - and the positive effect on the PPS will be outstanding.

"...BUY or CRY..." and "...BE BOLD & HOLD..."!!! The WWW slandering stock slimers will be all over you to give up your shares cheap - to avoid compounding their huge impending losses..!!!


.
 
Posted by BuyTex on :
 
quote:
Originally posted by Chopper:
Gator bowl for me. VT won..... And you?

was hoping Tech would pull it out in Cotton Bowl...alas, a squeaker for 'Bama...

Shoot, I'm just glad to have some real matches...after the various "Tidy Bowls," lol...
 
Posted by Highwaychild on :
 
This reminds me of another pink, scary how simular.CMKX.

1. Both have the Green Barron .com on their side.
2. Both camps claiming NSS instead of filling.
3. Both have increase of a/s by the billions (or so I heard via rumours with PLNI).
4. Both volume increase is staggering since rumours out.
-106,397,885 in vol. fri. ...during the holidays? did have 412 trades though...
5. Both rumours/claimed audits and moving to a higher exchange.

Oh the list goes on...
I'm not saying it won't run a little bit, but if it's going to be with a higher o/s it's going to be alot harder.
 
Posted by YellowSubmarine on :
 
claw, ...I'll bet you "..a dollar to a donut.." that PLNI's pending Buy-back and/or Common-to-Preferred stockholder-benefitting exchange/consolidation plans that the HQ has illuded to will blow a gaping hole in the waterline of the bilious basher's buckling barge large enough to drive "..The Donald's.." yacht through..!!! Actually, if they offer the "C-to-P" exchange thing, they will probably cancel most of the Commons that get turned in. That's the way I'd play it, if I were Jim Turek. In fact, I'll bet that will be the 'primary subject' of one of the major PRs we see before mid-January.

Please make careful note of all the "..PLNI Doom-n'-Gloomers.." on the various stock systems, as they will either disappear from PPS-Hypoxia or miraculously turn into "..PLNI Pumpers.." as the Naked Short Position and the idiotic real shorts out there get royally stomped..!!!

"..Hey, Mang...", deeez eeez gonna be som beeeg fon..!!! http://members.aol.com/creed90952/karfiles/allnight.kar

.
 
Posted by Highwaychild on :
 
Oh yeah, well they get Robert Maheu or D. Rodger Glenn on board,
you'd better run for the door.LOL
 
Posted by YellowSubmarine on :
 
Hey chopper, ...this Board will be more fun than watching "..The Wrung-out & the Listless.." on daytime TV for the next week or so.

The 'bickering bellicose basheroonies' are so bloody desperate they're even trying to compare PLNI (..that's been in business for 17 years..) to ol' WillyWonka's and Uncle Urbie Cassavant's 'black hole' of a salted diamond mining whizbang scam - CMKX..!!! "..Wow, that's COLD.."!! "..Ha ha ha ha ha ha ha ha.."!!! I think they've all been juggling one too many overripe melon balls from their MLON flipping days, aye.....

Isn't it amazing how all these 10'-pole people with no shares take 'so much interest' in a company about to turn a major corner in the success department..!!! Rather makes them sound like a bunch of BS 'Elmer Gantry' Televangelists, doesn't it..!!! Please, oh ye 'Pusilanimous Profits of Puke', save us from our impending pulchritudinous profits..!!! "..Ha ha ha ha ha ha ha..........

It sure will be nice when PLNI is back up over $0.02+, and all the "..WWW Saviors of Naive Stockboard Newbies.." (..Aka: the broken Shorts..) can be reassigned by their MFMMMs to that sleazy, slimy, and despicable QBID CASE - where they might do some good..!!!

http://members.aol.com/creed90952/karfiles/allnight.kar

.
 
Posted by Bearclaw on :
 
Damn...who the hell are you people...a sheet load of new folks show up this past week...well....I guess it really doesn't matter who you are...probably does indicate something by the fact you are here...wonder what that is?
Wonder what the sudden huge interest is?

Whatever it is this could be a fun and entertaining week and month hahahahaha
 
Posted by YellowSubmarine on :
 
Hey, claw........ I'll bet'cha that they all got those 'Fwedwix of Hollyweird' designer leather panties for Christmas and then made the mistake of paddling around in the "..cement pond.." with Jethro before drying out in the sun..!!!

Now, they've shrunk so dam* tight they're either all going to be singing 'alto soprano', or they'll all be standing there buck NAKED, crying like spoiled babies, and holding their stanky Shorts ( or a massive Fed Margin Call )..!!!

"..Ain't life grand.............................

Official PLNI Collectin' Music..: http://members.aol.com/creed90952/karfiles/allnight.kar

.
 
Posted by Bearclaw on :
 
Damn boy...
Yep this is gonna be fun hahahahaha...
See everyone in the morning...
 
Posted by Highwaychild on :
 
If 106,397,885 shares traded Friday, only gets the pps from .oo41 to .oo51, then back to .oo44, what's it going to take...
 
Posted by YellowSubmarine on :
 
10-4...........................

As you can see, all of these sputtering "..no tickets.." and no hope McDonalds Investors are just heartbroken that the clerk at the Drive-up Window didn't have a 'freebie' 10-Bagger for them as a 'prize' in their coupon-funded Happy Meals. Life's tough in the Big City, aye.....

"...Hasta manana, Hombre'.................

.
 
Posted by YellowSubmarine on :
 
Very little time left.... ..Plasticon International, Inc. (Pink PLNI): has been in the recycled plastics business for 17 years. The company's line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt. In addition, its transportation signage has received DOT approval or acceptance in all 50 states. Specifically, the company offers for resale: ..1. Rebar supports ..2. Plastic lumber ..3. Plastic signage (i.e.; highway and state signs) ..4. Office products including file folders and binders ..5. Impermeable concrete-like products made from recycled glass. Recent company acquistions include the ProMold manufacturing facility in St. Louis, MO. and SEMCO Manufacturing Inc. of Las Vegas, NV.
Basic Due Diligence Post: http://www.siliconinvestor.com/readmsg.aspx?msgid=21282767
Website: http://plasticonintl.com/ http://www.semcomfg.com/
RTQ's & L-II: http://www.pinksheets.com/quote/quote.jsp?symbol=PLNI

Official PLNI Collectin' Music..: http://members.aol.com/creed90952/karfiles/allnight.kar

.
 
Posted by YellowSubmarine on :
 
"...Ho ho ho ho ho ho ho ho ho ho ho.....................

Aren't the little last-second, horsepucky Caveats by the rubbery-legged spongy-off topic-comparison, almost-bashers cute..!!! "...I'm not saying it won't run a little bit, but....."

'Guess who'... the #1 miraculously conceived basher-to-pumper 'Switch Hitter' is going to be...!?!

"...Ha ha ha ha ha ha ha ha ha ha ha ha ha.....................

Official PLNI Collectin' Music..: http://members.aol.com/creed90952/karfiles/allnight.kar

.
 
Posted by YellowSubmarine on :
 
No doubt, Mommie will come shut off the PC and put the kiddies to bed fairly soon......

They've got a very busy day ahead of them with the 'Teletubbies, Blue's Clues', and then 'Sesame Street' - which tomorrow will be brought to them by the letter 'X', the number 'ZERO', along with a Copy & Paste dissertation by Dr. Ernie and Professor Burt..!!!

"...Ain't life grand.........................

Official PLNI Collectin' Music..: http://members.aol.com/creed90952/karfiles/allnight.kar

.
 
Posted by Murnak on :
 
Well, hope they take there tiff somwhere else, don't want to crap up these boards like they do so many others!

PLNI is getting attention everywhere so that is good... a pink around for 17 years with product and sales and soon to be full disclosure, the price will not be a bargain for long......imo
 
Posted by BuyTex on :
 
yellow?

plan a new id, bro...

the serious posters here are welcome...
 
Posted by YellowSubmarine on :
 
PLNI looking very good Tuesday and going forward......

Plasticon International, Inc. (Pink PLNI): has been in the recycled plastics business for 17 years. The company's line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt. With the Semco acquisition, this now incluedes China..!!!

In addition, its transportation signage has received DOT approval or acceptance in all 50 states. Specifically, the company offers for resale: ..1. Rebar supports ..2. Plastic lumber ..3. Plastic signage (i.e.; highway and state signs) ..4. Office products including file folders and binders ..5. Impermeable concrete-like products made from recycled glass. Recent company acquistions include the ProMold manufacturing facility in St. Louis, MO. and SEMCO Manufacturing Inc. of Las Vegas, NV.

Basic Due Diligence Post: http://www.siliconinvestor.com/readmsg.aspx?msgid=21282767
Website: http://plasticonintl.com/ http://www.semcomfg.com/
RTQ's & L-II: http://www.pinksheets.com/quote/quote.jsp?symbol=PLNI

Official PLNI Collectin' Music..: http://members.aol.com/creed90952/karfiles/allnight.kar

.
 
Posted by BuyTex on :
 
tick...tock...

lol
 
Posted by YellowSubmarine on :
 
Howdy........

For those of you whom haven't considered the PLNI 'power-of-10' math.................

A) 10,000 tickets moving up $0.01 pays you a $100.00 gain over your cost.
B) 100,000 tickets moving up $0.01 pays you a $1,000.00 gain over your cost.
C) 1,000,000 tickets moving up $0.01 pays you a $10,000.00 gain over your cost.
D) 10,000,000 tickets moving up $0.01 pays you a $100,000.00 gain over your cost.


That's why it's fun to collect these stocks in "..decades.."!!! Especially, when you look at something like HLSH, that went from $0.10 to $5.00+ in about 4 months..!!!

It's probably a good idea to consider how many PLNI shares you might want to maintain as a core position - and be willing to trade those for Preferreds for the 'bonus' with a 1-Year restriction. Then you need to have an additional stash that you can ride up to a 5-Bagger, sell 1/5th of them to recoup your 'spending money' for reapplication elsewhere. Then, keep the rest as 'Freebies' to cash out as the need or mood strikes you.

Winners never quit, and quitters never win - don't let any blustering bashholes talk you out of your hard-earned "..super-cheapie-shares.."!!!

.
 
Posted by YellowSubmarine on :
 
The primary target I'm hearing from the company's IR people is $0.05, and with the Semco-CHINA connections and potential new JVs through that division - there's no reason they can't rock a lot higher than that.

What I'm looking forward to is "..the deal.." regarding a potential "..Common-for-Preferred.." share-swapping option. If I were going to set something like that up, I'd give people proportionally more Prefereds than they should get as a 'bonus' for doing the deal. I'd put a 6-month to 1-Year restriction on the Preferreds. Then, I'd retire a big chunk of the Commons that got swapped to reduce the O/S.

I think the recent increase in the A/S that everyone is whining about was to set that kind of deal up. Anyway, we should know the straight skinny by mid-January at the latest, ...again IMHO.

.
 
Posted by Highwaychild on :
 
At least you're not a pumper yella.LOL
 
Posted by ed19363 on :
 
I just wish he would speak English instead of blubbering about inane stuff...
 
Posted by DQ. on :
 
Bid is moving up a bit this morning. Lets hope this is a good sign for 2006.
 
Posted by mbmaid on :
 
Looking good this morning. Nice volume.
 
Posted by state780 on :
 
Dept. of FWIW, from one navco68 at RB:

quote:
Just off phone with Rodney

Spoke with Rodney from Apple for about 10 minutes. Some of the questions I asked were old info I wanted to hear for myself. My first question was about the audit. I asked him how the audit and share restructure could be completed and PR announced in early January when the Semco deal was not to be completed until end of January or early Feb..He stated that the only way was if audit was turned in minus Semco. He also stated that PR was due as described in last PR. I asked him if that meant first or second week in January. He said yes. I asked if it would be likely that the audit and share restructure would be announced at the same time. He said that more than likely the PR's would be separated due to the large impact on the market. He said the most likely scenario would be one PR each week.

He did say a PR was due very soon. I took it from the conversation that we will get one PR this week and one next week or something very similiar to that.

Hope this info was helpful to all the longs

JN


 
Posted by ed19363 on :
 
"large impact on the market"???????
I may not stop laughing until March.....
 
Posted by Murnak on :
 
another plus day, glad i added last week!

http://stockcharts.com/def/servlet/SC.web?c=plni,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
 
Posted by YellowSubmarine on :
 
Oh my........................

PLNI 0.0053 +0.0009 (+20.45%) 0 0 78,671,087

.
 
Posted by George on :
 
kicking some butt today..about time...
 
Posted by DQ. on :
 
Can you say YIPPY??????
I can!!!!!
 
Posted by George on :
 
Either heavy rumor or a leak about good news tomorrow is my guess.

or COLD was bashing somewhere today...
 
Posted by state780 on :
 
Yeah, that was an interesting spike.
 
Posted by mbmaid on :
 
I thnk we'll see a gapper tomorrow. GLTA.
 
Posted by Highwaychild on :
 
vol. 132,662,559 ,# of trades 494
... oh, so that's what it's going to take

Ran a little bit. I have no idea what it'll do tomorrow, but it'll be here soon enough I guess. Hot ticket lately. What a volume spike in the last 2 trading days, never hit a hundred million in a day till then, now popped it 2 days in a row. Demand and supply.lol...

Where's the shares comming from?
Pinksheets has...
Outstanding Shares: 2,300,000,000 as of 2005-12-07

Estimated Market Cap: 10.12M as of 2005-12-30 (based on Outstanding Shares as of 2005-12-07)
Authorized Shares: 5,000,000,000 as of 2005-11-21
Float: 690,000,000 as of 2005-12-07
Number of Shareholders of Record: 5,000 as of 2005-12-07
 
Posted by BenHouston on :
 
dont forget they've retired 200,000,000 shares * the end of 2005

and they are setting up a buyback program currently in 2006

but the amount of O/S shares I find to be quite ridiculous, but since they claim to be a profitable company already, hopefully they can afford to buy back a massive amount of shares over the next few years.
 
Posted by stolibox on :
 
they need to bring in more revenues before they can purchase back more shares imo. they only had a few thousand dollars in revenues for 2005 according to that business plan that was out a while back.
 
Posted by strike1 on :
 
yeah, a 17 year old pink sheet company with a few grand in revenue... what is wrong with that picture? [Roll Eyes]

quote:
Originally posted by stolibox:
they need to bring in more revenues before they can purchase back more shares imo. they only had a few thousand dollars in revenues for 2005 according to that business plan that was out a while back.


 
Posted by YellowSubmarine on :
 
Wow..: PLNI 0.0058 +0.0014 (+31.82%) 0 0 132,662,559

"....Ain't life grand........................

.
 
Posted by RiescoDiQui on :
 
You guys had a great day...
Chart shows that the upper trend line has to be broken for this to be a true trend reversal.
I hope you guys can do it.
certainly alot of buying.

 -
 
Posted by StockHunter on :
 
The stock will run if they stop selling shares. VFIN stepped back in final hour and let it run. VFIN sold a lot of shares in December too. It would be prudent to assume the float that pinksheets lists at 690 million is really much higher -- too many shares sold by VFIN recently and WDCO back in sept/oct to account for this number. Not to mention the relatively meager moves for a 20% of float daily volume.

As for the "retired" shares, that is a meaningless pump by the company. They put that PR out in August when they claimed they had 2.0 billion a/s. In reality they had 3.0 billion plus 100 million preferred then. They increased the a/s to 5.0 billion in October as well, plus the float went up. Its just spin.

The talk of buyback has been going on forever and is also spin, IMO, covered by Safe Harbor. You don't increase your a/s, o/s and borrow to buy another company if you have cash on hand to buy back shares. They also issued 10s of millions to 100s of millions in shares to promote buying interest in their stock (through Green Baron, Big Apple, Steve Crowley's radio show, MicroCap conferences, and others). Why dilute to promote your stock (not your products) when you intend to buy back shares? Add to that the shares pledged from the bankruptcy that is yet to be discharged and its hard to imagine they'll be buying back shares. More likely they still have a lot more dilution to go.

If they're smart, they will fade on selling shares and let a chart rally build more buying pressure. We can see from the volume there is definately a lot of demand. The higher it goes, the fewer shares they need to sell and everyone benefits.
 
Posted by StockHunter on :
 
The PR has brought in a lot of new faces to the board. I just want to point out there are as many questions as answers with the structure and prospects for this company. We know they have an exciting product and a distribution network capable of moving them out of obscurity to becoming a significant entity. We don’t know what the capital structure of the company will look like if and when they show the audit and become more transparent.

The SI board has some very good DD and raises interesting and critical questions the company needs to address. One of their posters, Jeffrey S. Mitchell, has gone through Turek’s bankruptcy papers and Telco Blue’s previous filings and posted some interesting info. For instance, Bluelinx and Georgia Pacific have won garnishments of over $1 million dollars from Wicklund/Plasticon. How those garnishments came about and how they'll affect the profits and cash flow from sales of rebar supports needs to be addressed (hello, Rodney, here’s a question for Mr. T…)

Mr. Turek has also lent moneys between his various entities and later forgiven those loans (see Telco Blue 10Q filings for 2004 and 2005). He’s also had some interesting takeovers involving transfers between his entities. Just this past September Plasticon forgave a quarter million dollar loan it made to Telco Blue(a shell Turek controls). As a shareholder, that loan they forgave was your money and there is little to legally prevent them from doing this again in silence. The numbers for 2004 were much larger. There is a pattern of behaviour here.

I would suggest anyone wanting some good, hard to find DD, go through that SI thread and read Jeffrey Mitchell's posts. His posts are very professional and straighforward (he writes like a lawyer) and I trust that his sources and quotes are accurate. I've confirmed his info from the public documents, but I haven't paid for the bankruptcy info (you can get it from PACER for a price) so cannot speak to its accuracy.

http://www.siliconinvestor.com/readmsg.aspx?msgid=22020393

When calling Rodney it might be a good idea to ask about these issues. I doubt he’ll provide any answers now, but he could let JT know these issues need to be addressed.
 
Posted by Bearclaw on :
 
Stock...
You really can't leave it alone...This was a good day...Friday was a good day...No one elected you the defender of the underdog...some of the new faces you may be familiar with...some are here to continue to give "OPINIONS" that are negative...

Your assumptions are just that "ASSUMPTIONS"...
You don't know about the buyback and you certainly don't know about the mysterious selling of shares you claim to be some scam planned in the back alleys of Kentucky through VFIN ...Your waiting for those answers like the rest of us...Your "SPIN" is getting worse than the spin you claim the company is pulling on us poor ignorant shareholders you've elected yourself to save...Careful Stock ..that Basher label you hate will come back and bite you again...Geeeezzzzz...Same old old song...
Take a break will you????
 
Posted by successinstock on :
 
also for you newbie's, you may want to check out the PLNI website for more positive DD....

I would hope the picture that stockhunter paints doesn't sway you from looking at all sides.

http://plasticoninternational.com/index.html

Good luck with your investment decision.
 
Posted by ed19363 on :
 
They could put all this BS to rest if they would fulfil their promise to publish the share structure.
It's hard to be positive when all you get is promises and lies.
 
Posted by Murnak on :
 
yes, they had a few skeletons which caused the audit to take so long while they clean them up, okay and they may have increased the a/s for a variety of reasons...
prevent a takeover or needed for future expansion.....
I can add at these bargain prices while we learn the rest of the story, and if it flys????
do your DD it is still a pink at present!LOL
 
Posted by Highwaychild on :
 
quote:
Originally posted by Murnak:
okay and they may have increased the a/s for a variety of reasons...

this IS true, a variety of reasons.

What is the main reason a pinksheet sub-penny stock increases? A decrease of per share value of common stock by an increase in the total number of shares. I used to hold it, untill they increased the a/s. They didn't put THAT in a PR.
 
Posted by YellowSubmarine on :
 
Murnak, I find the whole "..they promised.." arguement to be about as lame as 'Clintwit' or 'Hairy BS Kerry' campaign rhetoric..........

I don't recall the word "..promise.." ever being used by Uncle Jim or Bubba Willy. I've always considered their forward-looking statements as a "..best effort.." situation. I think anyone with a lick of sense knows that the bloody bean-counters are milking Sar-Ox for every hourly billing they can make - just like the sleazy lawyers who overbill their clients for courthouse bathroom time. Jim and Bill appear to have taken every possible postive step forward that they could up to this point; save taking the beancounter out back and beating the snot out of him (..which I'm certain has crossed their minds..)!!!

I'll bet everything that EVERYONE has been whining about will be filed in Spades before the end of the month - leaving the bickering BashHoles once again "..holding their 'bags'.." - like a rapper-crapper FUBU-bum with the crabs on a Harlem street corner.

"....I love it when a plan comes together..........

.
 
Posted by FatherOfTwo on :
 
FWIW... I have been adding to my core position that I started building the last couple weeks. I began accumulating on a pure chart play, while also knowing that lots of good news lay on the horizon.

For any one sitting on the fence with this one, take a small position, and when the news hits buy in, ride it up and sell it off! Easy way to make some money!

My confidence is pretty strong that we who are holding and adding to our positions now, will not be let down! I am not going to get into these playground bully matches about who is right and who is wrong. I have made my phone calls and got my DD, and I have bought in! Watching some of these conversations is like watching the special olympics... no matter who wins... they are all still retarded! [Smile]

GLTYA
 
Posted by Bob Frey on :
 
Folks the company and the stock! Not each other!
 
Posted by BuyTex on :
 
quote:
Originally posted by FatherOfTwo:
FWIW... I have been adding to my core position that I started building the last couple weeks. I began accumulating on a pure chart play, while also knowing that lots of good news lay on the horizon.

For any one sitting on the fence with this one, take a small position, and when the news hits buy in, ride it up and sell it off! Easy way to make some money!

My confidence is pretty strong that we who are holding and adding to our positions now, will not be let down! I am not going to get into these playground bully matches about who is right and who is wrong. I have made my phone calls and got my DD, and I have bought in! Watching some of these conversations is like watching the special olympics... no matter who wins... they are all still retarded! [Smile]

GLTYA

funny post...

but not *bad* opinion...

I remember buying in at these levels, and doing fine...

in fact? coulda done a lil better...but let it ride too long...

fundamental point? don't confuse the company with the stock...


if these guys were delivering on their "stock" questions? in proportion to the company "fundamentals"?

astronomical...
 
Posted by YellowSubmarine on :
 
Fof2, ...If you have lots of 'dry powder' for your cannon, you can play that chasing game pretty effectively. However, it's been a lot of fun to strategically soak up 0.0038 to 0.0042 shares for the last several weeks knowing that it all adds that much more icing to the cake.

The "..Shorters-Snorters-Flippers-Dippers-Swingers-&-Dingers.." will attempting to wiggle, jiggle and screech like a bunch of pubescent school girls at a Menudo Concert, but I'm convinced that the dependable old "..Turtles.." with their large collections are going to walk away with the big prize here.

I'm looking to swapping a MM or so of my Commons for a nice chubby chunk of PLNI Preferreds, because I'll bet that Uncle Jim will make it "..more than worth our while.." to do so. This ride is going to be more fun that a barrell bull of Beagle puppies at a church picnic..!!!

News soon...........................

ps: It's going to be a giggle watching all the Blithering BashHoles turn from "..Gloom-n'-Doom'rs.." to pseudoSuperCool know-it-all "..Swingy-Dingy Traders.." in a limp attempt to slide out from under their historically recorded PLNI trashing efforts.....

.
 
Posted by FatherOfTwo on :
 
yellow...

I have learned that when news comes out.. you usually have about 5 minutes to catch it before it runs hard....

So I try and scan the news real quick and see if it is newsworthy enough to cause a run...

IMHO, PLNI has a number of different PR's that they can release that will cause this...

1) audit complete and OTCBB application made
2) share structure / buyback details

When one of these PR's hits... I will probably sell a couple others stocks I am holding regardless of if I am up or down on them and buy more PLNI to ride the wave. I can always buy back into something I sold at a later date!
 
Posted by BuyTex on :
 
lol, Jeff? does that make sense to you?
 
Posted by YellowSubmarine on :
 
FatherOfTwo, ...I think that PLNI offers a lot of people a real opportunity to to do very well for themselves in both the short and long term, if they approach the situation with some kind of a plan in mind.

Last Spring I bought several MM shares of PLNI before JT & Bill and the crew really got things moving. You have to admit that 0.003 to 0.018 is one hallibut nice gain = 6-Bagger. With a MM from PLNI and a MM from HISC cashed in, I went over to the local Harley Shoppe and brought home a brand new 2006 StreetRod, dealer's maintenance program, H.O.G. membership and the appropriate full-coverage insurance - for cash, ...with Casino Money left over.... That's the name of this game, IMHO; "..Toys-4-Us, Inc..". And, I still had several MM left in "..ye ol' Tomorrow Sock..".

This time around, with Pro Mold and Semco acquisitions under their belts, I think people could presumably swap say 1/4th of their Commons collection for Preferreds receiving any 'bonus deal' benefits offered and creating a terrific "..long haul.." position for themselves. The Preferreds would also acquire any dividends the company declared over time. Additionally they could let the other 3/4 of their stash rise to a 5-Bagger level, sell off 1/5th of those, and then ride the "..Freebies.." into the sunset. If the sunset happens to shine on the local Aston Martin or Hummer dealer, that sure "..works for me...

We know that PLNI will make an AMEX move as soon as they have the OTCBB thing pretty much in the bag. The relationship with Koch/G-P/BlueLynx sure isn't going to hurt them any there. The high-dollar snob-stock players and 'Talking (Media) Heads' love those household names.

I keep a picture of a Rockwell TurboCommander on the wall next to my desk, to remind me why we're all in this game. http://www.twincommander.com/multimedia/photos/photo2_hi.htm Having some goals is the first thing that successful and rich people will tell you to set for yourself.

IMHO, the 'day-flippers' have a real good chance of shooting themselves right square in the butt. The clearly reported 'NAKED SHORT' position in PLNI could blow up in the MFMMMs faces at any moment. (..We Longs may even help make that happen..)!!! If one was 'flipping' when they should have been 'flopping', like Hairy Kerry or the Duke Brothers, they could be left standing at the Station thinking that the 'stock gods' had said "..trains..". And, there are a number of truly 'lovely' people I certainly hope that happens to.

Picture: "...Turn the machine back on, ....turn the maaa-chiiiiines back o-o-o-o-o-o-nnnn......."!!!

.
 
Posted by state780 on :
 
I certainly enjoyed the day.

Newbies are well advised to ponder Stockhunter's posts. Never was it more true to say you shouldn't invest in pinks with money you can't afford to lose.

If Plasticon delivers on any of the promises they've made since May (newbies, this includes the acquisition of Promold, and of Semco, and of a share reduction, and filing of audited financials, none of which has happened), it certainly could run for awhile. Take special note of the 5 billion in authorized shares, still yet to be explained and never publicly acknoweldged in a press release, the 2.3 billion in outstanding shares, and the 690 million float. Be aware that the 5 billion a/s is probably the most reliable figure, since it's reflected in a filing with the Secretary of State in Wyoming. The 2.3 billion o/s and the 690 million float are what Plasticon has reported to pinksheets.com, fairly recently, and like the 5 billion a/s were increased without advance notice to shareholders and similarly without explanation.

Plasticon is not your typical pinksheet scam--it's a real company that makes real things. But it's still a pinksheet, which makes it a roulette wheel.
 
Posted by state780 on :
 
Dept. of FWIW: from bones712 at rb:

quote:
The reason for the volume today was that a stock ezine had a favorable article which came out at 3 pm. The editor just went over some of the last PR and said he will be contacting JT for an interview ASAP.

I have contacted the ezine, which I am a subscriber, to see what, if anything from his report I can copy and paste. I haven't heard back as of yet so I won't say who it is. Just the fact that he mentioned PLNI and the outlook for recycled plastic over steel is a big plus. I guarantee a lot of his subscribers pruchased today...I added a little more myself!

Tomorrow I am in NYC at the Boat Show meeting with an owner of another small company and bending his ear for awhile. I won't be able to get back on this board until probably Thursday, and I'm sure there will be loads of scam chit to go thru...today was awful. We must be getting real close.

Later, Bones


 
Posted by Bearclaw on :
 
Good morning folks...should get interesting again this morning....GLTA
 
Posted by mbmaid on :
 
The abridged version--no need to sell until the following PR's are released:

Promold SEC approval
Semco deal completed
Share buyback
Audit released
Move to OTCBB initialized/approved
 
Posted by Double Diamond on :
 
In that order ? LOL
 
Posted by DQ. on :
 
Gapper...bid .0065 ask .0067 50,000 traded.
Gonna be a day!!
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Dept. of FWIW: from bones712 at rb:

quote:
The reason for the volume today was that a stock ezine had a favorable article which came out at 3 pm.

The name of the ezine could give some critical clues regarding what to expect going forward. If they make their money from advertising or subscription fees they should be independent -- the best case scenario. If they make their coin from thier own portfolio, not as good but still could be independent of the company.

If they make their coin by taking shares in companies to promote them (ala Green Baron), then they are a red flag (dilution for the ad space, the ad to aid in dilution). Supposedly we will know tomorrow unless someone else comes across them and posts.
 
Posted by state780 on :
 
Yeah, one reason I posted that was to see if anybody here knew which ezine it was. Guess not, not yet.
 
Posted by Bearclaw on :
 
45 million shares the first 30 minutes...
 
Posted by Murnak on :
 
PLNI chart, take a look!
http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dd][pb5!b18][vc60][iUb14!La12,26,9]&pref=G
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Yeah, one reason I posted that was to see if anybody here knew which ezine it was. Guess not, not yet.

If it was one of the usual suspects of penny pumpers, someone on one of the boards would probably have posted it already. This is the heaviest volume we've seen this early so there's probably a lot of new money here. This rally could have legs. So far, no VFIN. If they let it run, it will breed more buying interest, IMO.
 
Posted by ShortTermMemory on :
 
Printing .0078
Big Gain today!
 
Posted by Madge on :
 
Another green day, its nice to actually make some money for a day. If we could get some solid PR about actual contracts this would fly.
 
Posted by YellowSubmarine on :
 
PLNI 0.0078 +0.002 (+34.48%) 0 0 106,186,153

http://members.aol.com/creed90952/karfiles/allnight.kar

.
 
Posted by state780 on :
 
yep, a good day, I'm enjoying it.
 
Posted by StockHunter on :
 
VFIN is putting on a clinic on intelligent selling. They sold a bunch around .007 but faded before killing the momentum, now at .008 they're getting some more off. As long as the buying continues they can get off shares, back away, and let the momentum attract more buyers. The higher it goes, the fewer shares they need to sell. We all win.
 
Posted by DQ. on :
 
Lets just get it back up to .019 and I'll be happy!
 
Posted by Murnak on :
 
Will anyone still be in then???LOL

a lot will be gone before the news even hits...

hoping for a pullback!!!!!!!!!!
 
Posted by Bearclaw on :
 
Stock...
You've been saved !!!! Healed !!!!

quote:
Originally posted by StockHunter:
VFIN is putting on a clinic on intelligent selling. They sold a bunch around .007 but faded before killing the momentum, now at .008 they're getting some more off. As long as the buying continues they can get off shares, back away, and let the momentum attract more buyers. The higher it goes, the fewer shares they need to sell. We all win.


 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Stock...
You've been saved !!!! Healed !!!!

quote:
Originally posted by StockHunter:
VFIN is putting on a clinic on intelligent selling. They sold a bunch around .007 but faded before killing the momentum, now at .008 they're getting some more off. As long as the buying continues they can get off shares, back away, and let the momentum attract more buyers. The higher it goes, the fewer shares they need to sell. We all win.


Not sure what you're referring to. I've felt all along that VFIN was selling for the company, and most of the time has been very adept at getting good prices. Nothing new there. We all want the stock to go higher and to get the news out at soon as possible. So the sooner they raise whatever money they need, the sooner they fill us in on the details. The better prices VFIN gets, the less dilution, the better for all. They're raising more money today than they have in a long time, maybe more than any single day in a couple months.

If you're agreeing with me here that VFIN is not a short seller then you've been saved too! Finally both on the same page.
 
Posted by Bearclaw on :
 
Nope was referring to you drinking the PLNI water and thinking positive again...Maybe wanting to party with the other kids hahahahaha
Sure you weren't dipped???
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Nope was referring to you drinking the PLNI water and thinking positive again...Maybe wanting to party with the other kids hahahahaha
Sure you weren't dipped???

No, not dipped. The one thing I've learned in all my years in the markets is not to think positive or negative, but to think logically. When you drink the water, or more appropriately 'coolaid', its like handing out your credit cards to strangers. Gotta fight the impulse.

I spend my emotional energy on the truly important things, like watching Papa Joe's Nittany Lions grind out a win over the team with the most annoying fight song in the history of mankind (IMHO, of course). If I'm a little off my game today its exhaustion from watching one of the best bowl games ever. And trying to get that seminole chant out of my head. (okay, no hate mail from FS fans, I admire BB too. Just hate that damn chant).
 
Posted by Bearclaw on :
 
I watched it till the end...Thought the interview on the field was the best ever...Joe says he's 3 hours past his bed time hahahahaha....The best ever coach for the student athlete...ever...

Thinking positive may have got you in PLNI in the .004's...Could have had a double...Were you in a cranial dilemma? Fighting with your better senses...We kept saying that was bottom...Did you drink the water and get in? Were you waiting for news?
 
Posted by state780 on :
 
GO STATE! That's my school, buds. What a great season, what a wonderful vindication for my man Joepa.
 
Posted by StockHunter on :
 
Bear,
"We kept saying that was bottom"

could apply to about 10 seperate occassions above .01 as well. Remember when one naysayer with a bid down around .009x (not me)was roundly ridiculed daily by half the board for not buying around .015, sure to miss the boat.

The only people making money here are either very long term holders, very new, swing traders increasing their size, or those employing a doubling, then tripling, then quadrupling up strategy that usually is a prescriptioin for disaster. Those who bought this past summer during the companys massive promotional campaign, based on a belief in what was represented by the company and pumped on these boards are a long ways from getting even. Believe it or not, there are some "investors" here. No need for 'should have listened to me' talk for us long timers.

I agree with you on Joe P. One of the best coaches ever. Can't believe he has that much energy and passion at close to 80. Still holds the interception record at Brown after all these years, too.
 
Posted by Bearclaw on :
 
Was not talking about the should ofs and could ofs...Talking to you about the same issue that I have been...Can't say I haven't been consistant with you...

Glass 1/2 empty vs. glass 1/2 full...You been drinking from a dry glass...Put some PLNi water in there buddy...The charts should show a turn after today...the cup should be full...take a gulp....IMO
 
Posted by state780 on :
 
quote:
Remember when one naysayer with a bid down around .009x (not me)was roundly ridiculed daily by half the board for not buying around .015, sure to miss the boat.
Think that was our friend Cold. Agreed all around.

A tip of the hat to Bowden, who handled himself with real class last night. And to FSU in general.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
GO STATE! That's my school, buds. What a great season, what a wonderful vindication for my man Joepa.

So the 'state' in 'state780' is Penn State? Glad I'm on the west coast. You east coasters must not have gotten much sleep last night.

I come from a Penn State family. One cousin just retired and is moving to State College.

What a game. He coached a great game, especially that end of the first half. I'm still exhausted.

To keep this topical -- notice that today is the all time record volume for PLNI by a mile. And we still have over an hour to go.
 
Posted by Bearclaw on :
 
"To keep this topical -- notice that today is the all time record volume for PLNI by a mile. And we still have over an hour to go."

All time high...never had this high of a float before either hahahahaha
 
Posted by DQ. on :
 
Lets keep this climbing.

BY THE WAY.....Where is Cold??
Still hangin in buddy??
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Was not talking about the should ofs and could ofs...Talking to you about the same issue that I have been...Can't say I haven't been consistant with you...

Glass 1/2 empty vs. glass 1/2 full...You been drinking from a dry glass...Put some PLNi water in there buddy...The charts should show a turn after today...the cup should be full...take a gulp....IMO

The charts do look great, but as you know they have looked great before just to run up against WDCO or VFIN.

I'm taking my cues from VFIN and the volume. Volume is sufficient to allow a nice rally, but VFIN is still there. When the volume dries up, do they put out another PR so VFIN can sell more, or does the stock drop first setting up a swing trade. That's the game now as I see it. Longer term its still more red flags than green right now.

I suspect each sell off will be met with a PR, and each rally met with VFIN. When this game will end, if ever, is very difficult to discern in a non-reporting company. This becomes a swing trade stock out of necessity since its trended lower for months and we can't short.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
"To keep this topical -- notice that today is the all time record volume for PLNI by a mile. And we still have over an hour to go."

All time high...never had this high of a float before either hahahahaha

Yeah, the float, that IS the question. For my own trading I'm estimating it at close to 1.2 billion based on analysis of the WDCO/VFIN sales, but others may have a different count. Without the company allowing pinksheets to get the info from the TA (or putting it in writing in a PR) we will never have more than a guesstimate. If they start using more than one MM to sell or other entities such as Green Baron, BAC, the radio shows, microcap conferences, etc..start selling their shares through other MMs it will get even more difficult to keep track. Part of the game, I guess.
 
Posted by George on :
 
Lost the MOMO today.....
 
Posted by state780 on :
 
It's all about VFIN. For a second there I thought he would back off for the last half hour, to keep the momemtum going into tomorrow--but he's back at .0067.

(yep, State is for Penn State. State College is a great town and a terrific place to live if you can stand the winters).
 
Posted by buckstalker on :
 
This is just plain DUMB.....
 
Posted by StockHunter on :
 
The pennies are always good for a laugh. Just found a PR on a big mover (won't list it here, don't want to help them pump), and the contact info gave me a chuckle. After touting what a great company they are and wonderful things they are doing, they list their contact info.

"TheCompanyName" "at" aol.com

That can't be good, LOL.
Maybe they're demonstrating their fiscal prudence by saving the $9 domain reg fee from GoDaddy.

Jeff Foxworthy should do a pink stock show: "You know your stock might be a red flag if...thier web presence is an aol mailbox."
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
It's all about VFIN. For a second there I thought he would back off for the last half hour, to keep the momemtum going into tomorrow--but he's back at .0067.

(yep, State is for Penn State. State College is a great town and a terrific place to live if you can stand the winters).

VFIN gone now, he's been playing it smart so far so it wouldn't surprise me to see him stay away and let it run up a few ticks or more for the close. It probably needs some time to consolidate before we see another morning like this mornings.
 
Posted by Double Diamond on :
 
Saw VFIN move away as well.

I think NITE plays along. Both block in some cases and then let it go.
 
Posted by mbmaid on :
 
More smart money in during the last closing minutes. Should mean another up day tomorrow. GLTA
 
Posted by buckstalker on :
 
VFIN didn't play it that smart...they could have just as easily sold all those shares at .0075 and higher instead of the .006's...I repeat DUMB!!
 
Posted by StockHunter on :
 
VFIN let it run at first then sold significant stock at .007 area to test the waters. They faded quickly when buying continued. Came back again at .008. They faded that offer a few times but when no significant buying materialized they stepped ahead and sold a boatload around .008. They then worked their offer lower taking advantage of bids that had accumulated below.

They probably sold more shares today than on any day before and at an average price over .007 where it closed.

I used to work blocks from an institutional desk and from where I stand they did a good job of maximizing their price and volume. But its all just a matter of ones opinion and no way to predict how it would have gone if they held firm above .0075.
 
Posted by Bearclaw on :
 
Good day...another 20% gain...The cup should have filled...The chart looks real similar to the run in May...Here's hoping for a repeat...

Scratch and spit night...Both the Vols and Lady Vols at 7:00 and then the National Championship game...They can't beat the Penn State game last night but it should be entertaining...
 
Posted by state780 on :
 
I'll take a 20% gain any day.
 
Posted by buckstalker on :
 
I disagree here SH...there wasn't any signifigant selling going on today until they started to drop the ask...they could have sold just as many shares if not more at higher prices today if they would have just paced themselves and let the stock climb gradually...I'll take the gain though...I got in at .004 last week...


quote:
Originally posted by StockHunter:
VFIN let it run at first then sold significant stock at .007 area to test the waters. They faded quickly when buying continued. Came back again at .008. They faded that offer a few times but when no significant buying materialized they stepped ahead and sold a boatload around .008. They then worked their offer lower taking advantage of bids that had accumulated below.

They probably sold more shares today than on any day before and at an average price over .007 where it closed.

I used to work blocks from an institutional desk and from where I stand they did a good job of maximizing their price and volume. But its all just a matter of ones opinion and no way to predict how it would have gone if they held firm above .0075.


 
Posted by Bearclaw on :
 
Buck...
Nice entry buddy...way to go...
 
Posted by smallstuff on :
 
I also bought at .004, put in a sell order for .0077 when I saw this picking up today. Imagine my surprise when it went through [Smile] I'll take it! Good luck to everyone still in it.
 
Posted by Bearclaw on :
 
Small...
Nice flip...I wouldn't go too far from this stock...The boats still at the dock ready to sail...
 
Posted by Murnak on :
 
Now you have to ask yourself.....

How large do I want to think and how long am I willing to wait to see if the plan does come together?
SEMCO is currently located in Japan, Hong Kong, Singapore and Australia, as well as the US.
Now combine that with Plasticon...............

Plasticon's line of patented, plastic concrete accessories has been approved or accepted in all 50 states and several foreign countries including Poland, Israel, Canada, Mexico, and Egypt

Can Toohey and Murphy Pull this off, are you willing to wait and see at least with free shares!

few dollars now or big payoff later... maybe do both!
 
Posted by FatherOfTwo on :
 
Where is Balder... did he ever buy back in????

I bet he wishes he still had his 40 mill shares now! [Smile]
 
Posted by buckstalker on :
 
Thanks Bear...looks like you are seeing a little green today too!!!


quote:
Originally posted by Bearclaw:
Buck...
Nice entry buddy...way to go...


 
Posted by Highwaychild on :
 
B efore I was quick to judge.
A gainst the increase in shares,
G ains to be had.

H ope all in make $'s.
O r at
L east
D epart
E ven,
R ock on!
S alute

Chart looks great, but I think the backside of that last run in mid November probably ran off
even the biggest of pumpers and dumpers. If the company is so great why would they even need to increase their a/s?

[ January 04, 2006, 19:37: Message edited by: Highwaychild ]
 
Posted by BuyTex on :
 
companies paying their way with stock is not unusual....don't get carried away, lol

calm down, now--I ain't defending the "blackout," either...
 
Posted by YellowSubmarine on :
 
Fo2, ....Based on today's action, can you imagine what this puppy is going to do upon the revelation of an SEC filing - or some Heavy-Duty News.........

Quoting ol' Jed Klampett, "...Wooooooooooooooo -- doggie..."!!!

.
 
Posted by BuyTex on :
 
lol, am I missing something? Hollen, you post as though you and Jeff (FoT) are pals....
 
Posted by Bearclaw on :
 
Hey Buy...
I think everyone's pals when a stock is moving up...IMO Making money creates friendships here in pennyland...Looking for a good day today...GLTA

quote:
Originally posted by BuyTex:
lol, am I missing something? Hollen, you post as though you and Jeff (FoT) are pals....


 
Posted by Bearclaw on :
 
Bid building pre-market...May gap again...still 20 mins till open...no news...
 
Posted by DQ. on :
 
I keep hearing {The Jeffersons} theme song in the back of my head.[Well we're movin on up]
Of coarse my head is pretty empty most of the time. Go PLNI!
 
Posted by Bearclaw on :
 
well....no news today...maybe a re-trace
 
Posted by Murnak on :
 
WOW PLNI holding, all the expected January news should make this a great swing trade!imo


http://stockcharts.com/def/servlet/SC.web?c=plni,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
 
Posted by Bearclaw on :
 
May do it's normal shake to maybe .006 soon then a late afternoon retrace...to hairy to play this...time to watch and learn it's new behaviors

quote:
Originally posted by Murnak:
WOW PLNI holding, all the expected January news should make this a great swing trade!imo


http://stockcharts.com/def/servlet/SC.web?c=plni,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G


 
Posted by Murnak on :
 
Looks like your right Bearclaw................
 
Posted by Bearclaw on :
 
Murnak
It use to do this back in the good old days of .016-.019 hahahahah
May not reach .006 ...it needs to close even or above...

quote:
Originally posted by Murnak:
Looks like your right Bearclaw................


 
Posted by FatherOfTwo on :
 
I called Bill Howe this morning to confirm the PR rumors going round.

He first started by telling me sharply to go and read the PR's as all the information was in there, but he lightened up after a few minutes.

He was very careful with his words, but did indicate that there "would be news coming next week".... he mentioned the audit specifically, and that they are in a quite period before they release it. He also made mention that after their big PR's in the next couple weeks, they will be hosting webcasts, attending conferences, and some other events which will all be PR'd as well..... they have alot of info ready to be released, and the investors will get alot more information shortly.

FWIW, I was happy with the response that I received. In due time, we will get the info we are looking for!
 
Posted by Murnak on :
 
Thanks FatherofTwo

I haven't been able to get a hold of Bill!
 
Posted by FatherOfTwo on :
 
FWIW, todays drop is pps filled the gap created 2 days ago.

As with all pinkies.. the gaps ALWAYS fill!

I see a day or two of sideways trading indicative of accumulation, leading up to the next PR! Then she will run big on the news (up to .015) with a big selloff caused by profit takers!
 
Posted by state780 on :
 
quote:
He was very careful with his words, but did indicate that there "would be news coming next week".... he mentioned the audit specifically, and that they are in a quite period before they release it.
If there is a quiet period linked to an audit filing, according to Rodney at Big Apple this would be purely at the option of Plasticon. I specifically asked two weeks ago if the lack of PRs was due to an SEC-related quiet period, and he emphatically said no, and that except for an IPO he was unaware of any reason a company can't keep putting out statements. He mentioned another company (IIRC another Big Apple client he didn't want to identify) that had recently filed for uplisting and had put out numerous statements while waiting for approval.
 
Posted by ed19363 on :
 
A quiet period before releasing major news does not have to be SEC-related. It can also be ordered by the board of directors if they have any reason to believe that harm could be done by releasing partial info instead of waiting for everything to be 100% confirmed.
IMO, we should all take a deep breath. Things are happening as they are supposed to, but some things are taking longer than anticipated.
I think next year at this time we will all be looking back and laughing at how silly we were to worry.
Long & Strong.
 
Posted by Highwaychild on :
 
quote:
Originally posted by FatherOfTwo:
I called Bill Howe this morning to confirm the PR rumors going round.


He was very careful with his words, but did indicate that there "would be news coming next week".... he mentioned the audit specifically, and that they are in a quite period before they release it. He also made mention that after their big PR's in the next couple weeks, they will be hosting webcasts, attending conferences, and some other events which will all be PR'd as well..... they have alot of info ready to be released, and the investors will get alot more information shortly.

FWIW, I was happy with the response that I received. In due time, we will get the info we are looking for!

I new he could say that there "would be news coming next week", but when he "mentioned the audit specifically", I thought that was insider trading?


quote:
Originally posted by FatherOfTwo:
FWIW, todays drop is pps filled the gap created 2 days ago.

As with all pinkies.. the gaps ALWAYS fill!

I see a day or two of sideways trading indicative of accumulation, leading up to the next PR! Then she will run big on the news (up to .015) with a big selloff caused by profit takers!

better hope that audit does come on time now or sideways it won't be a trading.

I just see all this extra volume since the increaseed a/s, and how hard it had to work for it's gain. Why whould he increase the a/s if they were just going to buy back? And pr,pr,pr about the same old things?
 
Posted by Murnak on :
 
Loaded PLNI to get ready for next week, still a great swing trade...

checkout the MACD divergence...
http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,...
 
Posted by Bearclaw on :
 
Picked up some more shares today at .0055...I'm fully loaded too...nice chart thanks...

quote:
Originally posted by Murnak:
Loaded PLNI to get ready for next week, still a great swing trade...

checkout the MACD divergence...
http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,...


 
Posted by Chopper on :
 
Really Good reading from the Rb and ihub boards.

If you can... watch this presentation. It will explain the MM portion of the game in a way that is easily understood. I encourage everyone who trades stocks to watch this. It is very real and IMO proof that we have been manipulated before. No denial here.
**REGARDS TO SHOWMEBILL FOR THIS FROM IHUB**

http://www.businessjive.com/nss/darkside.html

http://www.unm.edu/~boni/RPAWP/RPAWP.htm

http://www.businessjive.com/nss/jdfinnerty050505.pdf

http://www.businessjive.com/nss/failureoption.pdf
 
Posted by BuyTex on :
 
brilliant...

thanks for brining this, Chop--any of us can rant & rave, but a "show" such as this is pwerful...

Post of the Week!
 
Posted by Chopper on :
 
Your Most Welcome Tex.... Looks like there is true Merrit to what we have been saying about the manipulation game the MM's play.
 
Posted by BuyTex on :
 
MMs...ya...with a caveat: I also think peeps blame MMs as a knee-jerk reaction to what are simply lousy trades...

What I get from that presentation? It's that FTDs can originate anywhere on the broker-dealer side: MMs, brokerage, hedge funds (ie, "big" client of a brokerage)....

The common denominator? The DTCC . . . and if you'll notice, it's that DTCC "shell" that granted a pardon-in-advance for their sub-tier that actually handles the trades...in other words? MMs, hedgies, et al are simply taking advantage of what DTCC lets 'em get away with....

How many buy-ins were invoked? a tenth of one-percent, as I recall...
 
Posted by state780 on :
 
Interesting and well-constructed presentation, especially because it distinguishes between what is known, what is controversial, and what is super-duper controversial about naked shorting/strategic failure to deliver. The author poses the question near the end, is it happening, and says, "I don't know." That is to say, he doesn't know for sure. Obviously he thinks it's a real under-the-radar possibility, otherwise he wouldn't have put this presentation together.

Part 2, apparently to come, will sketch out the scary scenario if it is happening on a large scale.


As far as applying this to PLNI is concerned, Occam's Razor rules the day (as I think cold once said). What's more likely--that PLNI is the victim of a naked shorting scheme, or that repeated failures to keep promises combined with major company-created dilution shook investor confidence? You know what my answer is. I guess it's possible shady characters are naked shorting the stock in addition to the company's own dilution, hiding in the noise of the company-created extra shares, but the root cause would be the company's own action. Sort of like getting punched in the nose by a stranger after you've driven an ice pick into your own head.

If there were a company humming along in some kind of stable, ongoing business cycle AND the stock price kept falling, then you'd have a good candidate for this theory. Unfortunately we don't have that situation here.

Hoping for a good run next week if tales about substantive PRs bear out.

Interesting link, thanks.
 
Posted by StockHunter on :
 
Great links Chopper, thanks for the posts! Can't say I've gone through all the formulas yet(reminds me too much of my college dissertation days...ughh), but the mechanications are well laid out for anyone with the time to work through them.

I liken this to the theory of life in the universe. They laid out the case for deviations to the norm, and given the large numbers involved its pretty compelling to say illegal naked shorting (and life) can and does occur.

Is that what we're seeing here in PLNI? Well, I'm with State and you also know where that is. My opinion is evolving regarding another aspect though. Will this stock become the victim of an NSS raid in the future? At one time I did not think it at all likely because the company looked too viable. That was before I read about the company shares pledged to cover thier bankrupcy costs which I mistakenly had believed(from other posts) had been discharged, and the huge writ of garnishment that bluelinx has against the company. An unscrupulous type may see opportunity there. If it appears that the only way Plasticon can raise needed funds is through treasure stock sales then a short seller could be tempted to front run the company. It must be tempting to see VFIN selling so many millions each day with no indication from the company when this will end. I haven't seen any obvious or sizable frontrunning in the L2s so far, but keeping an eye open.

We should also watch the REG SHO list. We're not on it now, but if someone does start shorting this illegally that could be the first indication.

Also watch how a single seller behaves. IMO, VFINs actions have been totally consistent with someone trying to sell as much as possible, as high as possible, without creating a selling panic. They support the bid at times to build buying pressure, fade when net sellers show up, and don't pound the stock when there's no interest. An illegal shorter trying to create a death spiral would drive the stock lower on low volume days and cap it on big news days to prevent momentum buying. Haven't seen that yet.

Now that this run appears to have run its course, does that mean we get round two next week? A PR, another run, VFIN sells more along with the swing traders, then wait a few days for the cycle to start over again? Swinging seems to be the most profitable game for those of us who don't short it. Hopefully that's all of us ;-)
 
Posted by Bearclaw on :
 
Stock...
I agree ...Swing Trading is the game...just be careful to not get caught with you pants down...Take modest profits...Sell as the PPS starts to drop and buy back in before it bottoms...Don't get greedy...
 
Posted by Double Diamond on :
 
You might want to try this link as well :

http://thesanitycheck.com/

Bob o' Brian's contribution to fight NSS & corrupted MM's.
 
Posted by Highwaychild on :
 
quote:
Originally posted by Double Diamond:
You might want to try this link as well :

http://thesanitycheck.com/

Bob o' Brian's contribution to fight NSS & corrupted MM's.

Securities fraud is a felonious crime that can get you prison time and fines. Here are some of the ways a broker or investment firm can commit fraud?

Insider trading
Market manipulation
Providing false information
Lying to auditors
Unauthorized trading
Broker embezzlement
Providing false info.

And there's yet another connection to PLNI and CMKX,lol. Your link had another link, to faulk ingtruth.com. I tell you the similarities are bountiful.
 
Posted by Highwaychild on :
 
Ric (here from Allstocks), has pointed out time and time again how the companies camps that are claiming NSS, are the companies with the astronomical available shares.
 
Posted by Double Diamond on :
 
yep - i have to admit, i have PLNI and CMKX LOL
 
Posted by Murnak on :
 
Sunday, January 8, 2006

Gr e e n B a r on January Effect Stocks Begin to Take Off … Watch Out for More Huge Moves!
Plasticon Intl. (PK: PLNI) – PLNI started its climb higher the day we chose it as one of our January Effect stock picks. PLNI rallied to hit a high of .0083 per share on Wednesday, January 4 on record volume of over 250 million shares traded. The move from .0039 per share to .0083 per share was over 112%. PLNI closed the week at .0056 per share, still over 43% above our pick price.

We acknowledge Plasticon was way oversold at year end, and the stock had behaved poorly over the past several months. However, we continue to believe Plasticon will complete its audit soon and will up list quickly to The Bulletin Board. It is very difficult to predict the completion of a Pink Sheet audit, and PLNI has missed more than its share of deadlines. Regardless, we believe Plasticon has a tremendous business plan, and could generate eye popping revenues from the sale of plastic rebar supports. PLNI should also begin to see significant new product sales from its recent purchase of Semco.

Note: Plasticon CEO Jim Turek and Senior Consultant Bill Howe have agreed to conduct a Green Baron CEO Webcast following the announcement that the audit has been completed. We hope and expect that this interview will be available well before the end of January.
 
Posted by Murnak on :
 
Stockp r o wler's wild card pick for
January 2006.....

Plasticon International, Inc.-Pink Sheets: PLNI
Closing Price Friday 1/06/2006: $0.0056

http://www.************.com/
 
Posted by Murnak on :
 
Stockpr o w ler views PLNI as a rare speculative opportunity with 10 bagger potential in the next 3 to 6 months… Strictly our opinion.

Well, all right, that's it for now… place your bets, sit back and relax. Remember, this is speculation not investing and quite often we get rewarded BIG for taking a chance…

Stockpro w ler.com does not receive compensation from companies we profile or from third parties... we never have and never will. We use our own money when we buy stocks, and even though we usually take a position in a stock before we profile a company, our purchases are small relative to the public float so that the effect on the stock price when we buy or sell is minimal. Please read our full disclaimer.
 
Posted by state780 on :
 
Yeah, Murnak, I was just reading that from over at the RB board. It has to be good that ************ isn't compensated by PLNI for this.

I see their rundown says PLNI is included in the General Services Administration (GSA) catalogue. Anyone know if that's new?
 
Posted by runningscared on :
 
State.. can't find it. Help?
 
Posted by runningscared on :
 
Meaning, I've check out GSA and can't find it. Did you check? Again, I did, and I can't find it. In fairness, it is one, very big entity.
 
Posted by state780 on :
 
Running, nope. GSA is a huge sprawling agency; I have no idea how to wade through their documentation.
 
Posted by state780 on :
 
then again....from an rb poster:

quote:
Stock Prowler is a well known PUMP and DUMP group. The stock may go for a two day run then BAM!! The dumping begins. MOST of their picks are trash...like QBID. Some are decent picks but they only pick stocks they can buy, pump and then dump!

On a more positive point: The stock prowler picks usually go up on the next day or two after it's posted. Then it usually drops to it's lowest low.


 
Posted by runningscared on :
 
Thanks State,
Either way good to know. I've really got to get over this believablity and credibilty thing.
Thanks.
 
Posted by YellowSubmarine on :
 
<b>"...YeeeeeeeHaaaaaaaaaaaaaaaaw........................

http://www.siliconinvestor.com/readmsg.aspx?msgid=22040574

This ol' Hummer is going to RUN LIKE A SCALDED DOG startin' tomorrow...!!!

.
 
Posted by ed19363 on :
 
Yeah, yeah, knock off the BS pumping and show us some money.
 
Posted by YellowSubmarine on :
 
Match that article up with the MegaNews that will follow and the 'BashPukes' will be sputtering barf all over their crusty skivvies for the rest of their belly-aching professional sputtering careers...!!!

"...Bwaaaaaa haaaaa haaaa haaa haa ha ha ha ha ha....... It's the "..end of the freakin' road.." for the "..try to scare you out of your super-chepie-shares.." tushports - and the smary MFMMMs and Broker-Dealers they bash for..!!!

Quoting Spock, "..Live 'LONG' -- and Prosper.."!!!

.
 
Posted by The Bigfoot on :
 
Uh, Submarine?

You're kinda reminding me of Howard Dean right now. I'm disturbed and I'm not even running with this stock!

Might want to tone it down a notch. [Smile]

The Bigfoot
 
Posted by buckstalker on :
 
lmao...funny analagy Big.....
 
Posted by StockHunter on :
 
If Stock Prowler is a pump and dump for their own accounts, they're not very good at it. Must not have a very big following because their last picks for the Fall didn't show signs anyone was listening.

Sept 30, 2005 picks - BRHI, ESNR, QBID, DIMEZ(reiterated from 4/29/05). Currently -25%; -40%; -88%; -21% respectively. Only one had a profitable rally of any significance before the drop, that being DIMEZ up 30% over 2 months from initial april recommendation. Same stock went straight down since reiteration in the Fall. QBID had a small pop before dropping to near nothing. The other two dropped right out the gate from the recommendation.

Their idea of a track record is to show the recommend price and the high since then. How ridiculous. Some of these stocks dropped like rocks, then months later had rallies that no one would likely still be in for. Besides, how often do traders sell the tops? With such a biased methodology and given the volatility in pinks one would think they'd have many 100+% gainers over a year or more time at the tops, but that's not the case. 5 of the 9 stocks they picked in the past year had high trades of from 0% to 14% from the recommended price. Two had big spikes well after the recommendations, but went right back down. IMO, these guys are not the ones to piggy back. Piggy back PLNI's PRs and try to get with(or in front of) VFIN on the way down.

All thier recommendation tells me is there is one more swing trader with shares competing to sell the next rally.
 
Posted by YellowSubmarine on :
 
BigFoot, when you manage to get your hooves out of your mouth, 'speak up' - I can't hear ya...!!!

.
 
Posted by state780 on :
 
thanks for checking the track record, Stock.

These little picks only amount to short-term spikes anyway. What we need is documented news.
 
Posted by buckstalker on :
 
Arch Announces the Arch Conference Series for Small-Cap and Micro-Cap Companies for Jan, Feb and March 2006; First Winter Conference to Be Held January 19, 2006, at the Hotel Plaza Athenee in New York
Jan 9, 2006 2:01:00 PM
Copyright Business Wire 2006
NEW YORK--(BUSINESS WIRE)--Jan. 9, 2006--

Arch Investment Conferences, Inc., www.archconferences.com is proud to announce its conference series for the first 3 months of 2006 beginning Thursday January 19, 2006, 7:30 to 2:00PM, in New York at the Hotel Plaza Athenee, 37 East 64th Street, New York City. Tobin Smith of ChangeWave Research & FOXNEWS Contributor, Charles Payne of Wall Street Strategies & FOXNEWS Contributor, and Peter Leeds of **********.com are the featured guest panelists to whom companies will be presenting.

Companies presenting are:

Yak Communications (NASDAQ:YAKC)

Novadel Pharma (AMEX:NVD)

Biophan Technologies (OTCBB:BIPH)

NaturalNano (OTCBB:NNAN)

Plasticon International (OTC:PLNI)

Cord Blood America (OTCBB:CBAI)

Grant Life Sciences (OTCBB:GLIF)
The entire event will be webcast and available for 90 days through Vcall at http://www.vcall.com/IC/ClientPage.asp?ID=99713&CID= and www.investrend.com.

This event is sponsored by Tobin Smith & ChangeWave, Charles Payne & Wall Street Strategies, **********.com, Wall Street Calendar, Investrend Research, BusinessWire, & Market-Harmonics.

Arch conferences are also scheduled from Feb. 23 and March 23, 2006. Companies interested in presenting please contact Arch at info*archconferences.com

Attendance at Arch conferences is open only to qualified investment professionals. The webcast will be available to the public. This conference is by invitation only. Please contact German de la Roche at 347-427-9052 or Cindy Liang at 347-252-4164.

About Arch

Arch Investment Conferences, Inc. hosts exclusive events for companies to connect with fund managers, analysts, investment bankers, brokers and other members of the investment community. Arch is not only a bridge to the companies of tomorrow, but to the investment ideas of today. Visit www.archconferences.com

Source: Arch Investment Conferences, Inc.


----------------------------------------------
Arch Investment Conferences
Inc.
German de la Roche/Cindy Liang
347-252-4164
cindy*archconferences.com
 
Posted by YellowSubmarine on :
 
Arch Announces the Arch Conference Series for Small-Cap and Micro-Cap Companies for Jan, Feb and March 2006; First Winter Conference to Be Held January 19, 2006, at the Hotel Plaza Athenee in New York

1/9/2006 2:01:02 PM


NEW YORK, Jan 09, 2006 (BUSINESS WIRE) -- Arch Investment Conferences, Inc., www.archconferences.com is proud to announce its conference series for the first 3 months of 2006 beginning Thursday January 19, 2006, 7:30 to 2:00PM, in New York at the Hotel Plaza Athenee, 37 East 64th Street, New York City. Tobin Smith of ChangeWave Research & FOXNEWS Contributor, Charles Payne of Wall Street Strategies & FOXNEWS Contributor, and Peter Leeds of **********.com are the featured guest panelists to whom companies will be presenting.

Companies presenting are:
Yak Communications (YAKC)
Novadel Pharma (NVD)
Biophan Technologies (BIPH)
NaturalNano (NNAN)
Plasticon International (PLNI)
Cord Blood America (CBAI)
Grant Life Sciences (GLIF)

The entire event will be webcast and available for 90 days through Vcall at http://www.vcall.com/IC/ClientPage.asp?ID=99713&CID= and www.investrend.com.

This event is sponsored by Tobin Smith & ChangeWave, Charles Payne & Wall Street Strategies, **********.com, Wall Street Calendar, Investrend Research, BusinessWire, & Market-Harmonics.

Arch conferences are also scheduled from Feb. 23 and March 23, 2006. Companies interested in presenting please contact Arch at info*archconferences.com

Attendance at Arch conferences is open only to qualified investment professionals. The webcast will be available to the public. This conference is by invitation only. Please contact German de la Roche at 347-427-9052 or Cindy Liang at 347-252-4164.

About Arch

Arch Investment Conferences, Inc. hosts exclusive events for companies to connect with fund managers, analysts, investment bankers, brokers and other members of the investment community. Arch is not only a bridge to the companies of tomorrow, but to the investment ideas of today. Visit www.archconferences.com

SOURCE: Arch Investment Conferences, Inc.
Arch Investment Conferences, Inc.
German de la Roche/Cindy Liang, 347-252-4164
cindy*archconferences.com

.
 
Posted by StockHunter on :
 
The Arch conference is another red flag, IMO. These are typically companies in need of financing and that often means selling shares to the public(diluting).

The track record of the last 13 companies they featured (from the last 3 conferences) is as follows:

13 companies.

Performance from 5 days before presentation to close on date of presentation: 8 Up, 5 Down. Biggest pre-conference rally was 15%.

Performance from date of conference to close 5 days after conference: 5 Up, 8 Down. Biggest up was 33% by an oil stock that was the only real performer of all the 13 stocks overall. The next biggest gainer was just 7%. Day after activity: 6 up, 7 down or unchanged. Only one sizeable day after trade.

Performance from conference to today: 4 Up, 9 Down. The oil stock was up 111%, the next biggest gainer was 22%.

Bottom line: No obvious long side trading opps based on previous 3 conferences. A couple small pre-conference trading opps for a max 15% gain (before execution costs and width of market considerations).
 
Posted by state780 on :
 
Ineffectual at best is my guess. Hope to be proved wrong (I say that a lot with this stock). IIRC the last two conferences we had last year did nothing for the pps.
 
Posted by StockHunter on :
 
I'm trying to find out how (much) Arch gets paid, whether by stock or cash. Do the attendees also have to pay or possibly paid to attend?

If there is a Q&A portion it would be useful to get a list of attendee names. Perhaps we could get some info by getting the ear of an attendee beforehand and sharing DD in return for some feedback.

Based on previous history its unlikely they will address any of the capital structure issues in the taped conference presentation. Any such questions would likely be in private conversations after the presentation. Remember the "technical difficulties" in their last web conference call, followed by a fluffy info-free informercial.
 
Posted by Bearclaw on :
 
Full of good news today boys???
 
Posted by buckstalker on :
 
Well State and StockH...you guys have just convinced me....I am going to dump all of my shares tomorrow morning...I can't stand to read the doom and gloom on this thread anymore...we are up 10% today and all I see are the same old hopeless posts...GLTA
 
Posted by Murnak on :
 
Great idea buck!lol
Bail before they can present the good stuff at the conference!

after last years practice run lets see if they get it right?????
 
Posted by DQ. on :
 
Plasticon is the ONLY pink I see on the list. My outlook says that's great because they are going to be OTCBB very soon otherwise they wouldn't have been invited.
That's how I'm going to see it....a PLUS!
 
Posted by StockHunter on :
 
quote:
Originally posted by DQ.:
Plasticon is the ONLY pink I see on the list. My outlook says that's great because they are going to be OTCBB very soon otherwise they wouldn't have been invited.
That's how I'm going to see it....a PLUS!

They presented at another conference about 6 months ago in the same situation. They were the only pink and were listed as OTC BB. Many interpreted that to mean we were going to see the audit and uplist to OTC BB by the time of the conference.

That was the conference where someone reported them discussing a r/s with a questioner. Days later they had to issue PRs emphatically stating they will not r/s. Not exactly the resulting PR they were hoping for.

I bought stock based on hopes for the conference and it was quite costly.

As George Santayana said:
"Those who do not remember the past are condemned to repeat it."
 
Posted by StockHunter on :
 
As for being "invited", the criterion is usually pretty loose. I worked for a dot-com in need of funds during to go-go days. One of my jobs was getting our guys in front of the right VCs and into the best conferences. As long as we met the broad theme of the conference all we needed to get an "invite" was to come up with the cash.

From what I can gather, the Arch conferences don't have a targeted theme (like biotech, energy, B2B, etc...) so the criteria can't be that hard to meet.
 
Posted by Bearclaw on :
 
More good news posts...
 
Posted by state780 on :
 
Well, it's a fact--we were the only unlisted stock, and the conference didn't help our pps (or generate interest from any serious company, evidently).

Just based on past performance, I strongly doubt the conference will help us much. It didn't before, when we didn't quite have the sad track record of 2005. I'm not going out on a limb or saying anything wild by claiming we can benefit only from documented progress as promised, again, in December's last PR. This time promised for January.

Tomorrow it'll be Jan. 10. Bring it on!
 
Posted by state780 on :
 
On a happier note, 62 million shares isn't bad for this stock on a non-news day, and it was fun watching a little green.

I wasn't at the computer all day long, but while I was, it seemed VFIN spent less time on the Ask than usual lately. Also, who the heck is MAXM?
 
Posted by Bearclaw on :
 
MAXM is Maxim Group LLC.

quote:
Originally posted by state780:
On a happier note, 62 million shares isn't bad for this stock on a non-news day, and it was fun watching a little green.

I wasn't at the computer all day long, but while I was, it seemed VFIN spent less time on the Ask than usual lately. Also, who the heck is MAXM?


 
Posted by jat35 on :
 
Be careful with this stock

As of 12/7/2005

690M Floated
2.3B O/S
5B Authorized
 
Posted by Bearclaw on :
 
Hey Jat...
Take some time and read this thread...I think you'll find the folks that visit here and post and review others posts know exactly the fears you mentioned...careful, thoughtfu and diligent group here...Your new..other than the float why else the warning? What's up? This was your third post on allstocks...clue me in?

quote:
Originally posted by jat35:
Be careful with this stock

As of 12/7/2005

690M Floated
2.3B O/S
5B Authorized


 
Posted by DQ. on :
 
STOCK,
you are right about the Microcap about six months ago. I then thought that would surely send us to at least .05. It didn't happen,,,I recall some talk of no major brokerage firms interested till they were listed on the OTCBB. I just hope that this gets us one step closer to getting listed and gaining more interest. Since they know they need to be listed in order to attract any large firm, I'm just hoping that they have all ducks in a row now and we are getting a PR about the completed audit.
I always have hope.
I still believe this is a homerun, (correction) GRANDSLAM stock.
I hope I'm right for everyones sake on this thread. GLTA!
 
Posted by YellowSubmarine on :
 
Green is good.................

PLNI 0.0062 +0.0006 (+10.71%) 0 0 62,970,319


John :-)

.
 
Posted by Murnak on :
 
We are proud to announce Plasticon International (OTC:PLNI) will be making a special presention during breakfast of the Arch January 19, 2006

ConferenceArch Investment Conferences, Inc. is a premier sponsor of investment conferences reaching the institutional investor community in New York.

http://archconferences.com/
Testimonials
http://archconferences.com/_wsn/page6.html

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
 
Posted by Bearclaw on :
 
I've been hoping everything would fall out in the month of January...I was thinking it would start this week...maybe this presentation will push PLNI to start releasing...especially the audit...Time will tell...
 
Posted by jat35 on :
 
quote:
Originally posted by Bearclaw:
Hey Jat...
Take some time and read this thread...I think you'll find the folks that visit here and post and review others posts know exactly the fears you mentioned...careful, thoughtfu and diligent group here...Your new..other than the float why else the warning? What's up? This was your third post on allstocks...clue me in?

quote:
Originally posted by jat35:
Be careful with this stock

As of 12/7/2005

690M Floated
2.3B O/S
5B Authorized


Hey Bear...
I'm new to this forum but not to trading. I simply presented the facts about the share structure. Further more, with 2.3B O/S, it will take a lot of momentum to move the PPS.
 
Posted by Chopper on :
 
Wow , What a great weekend I had... My Panthers and Steelers Won and the vist to ProMold was outstanding.
 
Posted by buckstalker on :
 
Hey Chop...tell me about your visit to ProMold...
 
Posted by DC Trade on :
 
Fat fingers just brought this up to .062! FATTY!
[Smile]
 
Posted by Bearclaw on :
 
jat35...
Naaaaa....the o/s won't hold this puppy...
 
Posted by Chopper on :
 
Hey Buck,
I'm Still waiting on my Deer Jerky first buddy.
 
Posted by state780 on :
 
quote:
Originally posted by Chopper:
Hey Buck,
I'm Still waiting on my Deer Jerky first buddy.

Congrats on the Steelers, Chopper, that was some crazy trick play.

I've seen you post about your ProMold visit--but what did you find?
 
Posted by Chopper on :
 
Thanks State,
I found a REAL company and an Oustanding CEO.
 
Posted by Chopper on :
 
OT: Subject..ProMold Visit
My visit to ProMold was interesting, informative and money well spent. I will say this once and only once and will not respond to questions by board members that would or could be construed or implied as sensitive information. I was not given any insider information nor would I ask. This will be the only post on my visit. (TIA) I went merely to see a company in operation producing some of the product that was PR’d by the parent company. What I found was nothing less than amazing.



I had called Jim Turek’s office in advance and asked if I could visit ProMold at John Murphy’s convenience and would Jim be Ok with it. I realize they have gotten a lot of grief as of late on the blogs and some really tasteless phone calls by crass investors. Surprising any company with an impromptu visit is just inappropriate and could be mistaken as an aggressive gesture by a disgruntled investor. Plasticon’s response was it would be ok with Mr. Murphy’s approval. I called John and asked the same question and he agreed to meet with me and set the appointment for Saturday the 7th. I arrived at ProMold to a warm welcome from the CEO.



We chatted in his office for a while and he then took me on a tour of the plant. John Murphy is a very shrewd and hands on kind of fellow with 40 years in the plastics injection and extrusion mold industry. He has owned ProMold for 20 years and has grown the company from its meager beginning to producing everyday use and specialty products for some very prestigious fortune 500 companies. A Coffee Maker company and a certain Battery company are just two of their clients.



When we walked into the plant the very first machine that I saw was Plasticon’s Brand New Toyo machine. Very nice piece of equipment… I did notice a new piece of equipment attached to the Toyo which is a high tech dryer used for curing the finished plastic rebar supports allowing the machine to recover and cycle faster producing more product in a much shorter time. There was product that had just come out of the machine sitting on the receiving table and I found myself holding the (what is thought to be by some investors the elusive 4 legged Plasticon Rebar Supports.) LOL



The plant runs the machines 24/6 and has ten high tech pieces of equipment in the main production facility. There is plenty of room for expansion for additional Plasticon Toyo’s. At every single machine they have a quality control book to log every run of every machine every day and the QC supervisors actually run all the machines on each of the three shifts to detect any problems or nuances with the production runs and machines.



After all products are run, they go to a Quality Control room where key vital products are tested. In many of the parts produced (Each and Every Piece is tested, 100% inspection)! ProMold has developed a new testing machine specifically used to test rebar supports to meet and far exceed the specifications of the concrete industry for plastic rebar supports. SWEET! Quality control is a huge deal with ProMold and shows in their product production and Clientele.



The next room was the mold warehousing and refurbishment center. Engineers are used to keep this high dollar asset room pumping out molds to the machines for the various runs in the plant.



The next room was the tool cage to support the mechanics and engineers with the parts and tools needed to take on the never ending maintenance task of keeping all the machines running 24/6.



The next room was the equipment support center to supply the machines with water, power, air and HVAC to each individual machine as well as the same for the plant.



The next room was the raw material room containing a HUGE supply of product for the various parts produced. 55 gallon drums were the bulk of the product stacked 15 feet high and many layers deep. WOW



The last room in the plant was shipping and receiving with 4x4 pallets of product to be shipped that next week stacked 3 high and the length of the entire area 3, 4 and 5 deep. The trailers that were at the docks were already loaded and ready for pickup and shipment that next week. ProMold also has rail access for railroad shipment. BTW there was a boat load of Plasticon product going out that next week folks.



In summery the ProMold 35k sq ft operation can best be described as a Ferrari Power Train under a plain wrapper. This company is the real deal and so is the President John Murphy. I hope this eases some of the nervous investors and squelches some the nay sayers. Do your own due and Good Luck to All!
 
Posted by Bearclaw on :
 
Cool Chopper...Thanks for the detailed description...Now that's commitment...good DD
 
Posted by runningscared on :
 
Thank you Chopper. Great, great report. An A+++!
Good of you to take the time, not only to visit, but to share with the rest of us.
 
Posted by state780 on :
 
Thanks for the report, Chopper. I did not doubt that Promold was a real company, but the detail you provided is very useful.

Unfortunately for Plasticon, whatever derision is felt by many of its stockholders has been earned. I look forward to seeing the Turek break new ground by keeping his latest set of promises.

Again, thanks for the report.
 
Posted by ed19363 on :
 
Add my thanks, Chopper, nice work !!!!
 
Posted by runningscared on :
 
I am not pumping, but I gotta believe this company is going to be huge.
The world is literally waiting. Construction projects around the country are being put on hold because of the high cost.
What's more, what's happening out there (around the world) is making us in the US of A seem small. Once this company catches on.. who knows the potential. And that is why I am in it for the long haul.
It's certainly not a shell. It real. You can - thank you again Chopper - see it, feel it and dream about it.
 
Posted by amos moses on :
 
Thanks Chopper. Your time and effort are greatly appreciated. What you found is what has been presented before, but without eye ball verification. I hope this quiets the nerves of some and nay sayers. I've been in this since last July and will hold for the long hall. I believe in plasticon and only wish I had more funds to back up my beliefs. If I could sell my CWFG for .0002, I would.
 
Posted by BuyTex on :
 
nice report, man--good follow-through....
 
Posted by Chopper on :
 
Thank You all for the encouragement and support! GLTA
 
Posted by DQ. on :
 
Thanks Chop. Great info.
 
Posted by buckstalker on :
 
Thanks Chop, great job....guess I owe you a BIG bag of venison jerky....
 
Posted by successinstock on :
 
add me to the thank you pile...chop....

glad you had a safe and informative trip.
 
Posted by StockHunter on :
 
Thanks Chopper, now that's a field trip! Hands on DD.

The products, industry niche, and growth potential are what got me excited to get in this one in the first place.

I just wish there was a field trip that would show me how much of that ProMold plant is still mine, and how much will be left when all the financing is done.
 
Posted by Doctoall on :
 
quote:
Originally posted by Chopper:
Wow , What a great weekend I had... My Panthers and Steelers Won and the vist to ProMold was outstanding.

STEELERS: Way to go Steelers, way to go !!!!!! [Big Grin]

Keep an eye on #34 Haynes [Smile]
 
Posted by mbmaid on :
 
Thanks for the DD Chopper. We all appreciate it.

Folks might be listening. Ticking up this morning premarket.
 
Posted by mbmaid on :
 
.0063 x .0065 a little green every day is nice.
 
Posted by DQ. on :
 
Must be a PR on the way or something. This just keeps slowly climbing up.
Sumpin's up!!
 
Posted by YellowSubmarine on :
 
"..Ain't it grand.." to have stockholders who will get off their round-ends, and go do direct DD..!!!

That sure beats the stink out of BS BashHole sputterings read off a MFMMM's daily ijit-Script..!!!

.
 
Posted by mr money on :
 
Nice day today--sure would be nice to hit pennyland again. Maybe we are just 1 good pr away.
 
Posted by Murnak on :
 
Buy confirmed!

http://www.ame ricanbulls.com/StockPage.asp?CompanyTicker=PLNI&MarketTicker=OTC&TYP=S
 
Posted by state780 on :
 
Dept. of FWIW, at rb a post from SI (hope that's convoluted enough):

quote:
Just spoke with Rodney from Big Apple. Didn't get answers to a lot but he said 1 or 2 PRs should be coming next week. I questioned the Pro Mold acquisition again and the "SEC Approval". I noted that nothing could be found with the SEC regarding any filings. He said he had already contacted PLNI about this and was awaiting clarification.

He said the O/S Shares were still at 2.3 Billion. No increase that he is aware of. I tried to stress how vague these PRs have been. They say a lot, but in a lot of ways, say nothing. Suggested that they just come out and clarify issues directly. As in they "HAVE" or "HAVEN'T" done something. Enough dancing around the issues.

Rodney said that he was privy to certain info but couldn't say anything about it since not public yet. BUT, we would be very happy with things come next week.

Ok, that's all I could get out of him. Sorry for not having better news to relay, but thought I'd tell all what he said to me.

Also this excerpt from neztime at rb:

quote:
Morning all, and a fine one it is. I spoke with Rodney, of "go Rodney" fame today.
I'm glad I did because I finally did some nice productive trading as a result.
There is going to be a breakfast in NY around the 27th that will be with investors.
On the 19th, there is going to be a convention in LV that will also be attended by PLNI.
I feel that the reason for attending these is to broaden the scope of awareness and plain old good business. Information might come out from either of these events.
From what I understand, either today or Friday, there is going to be an announcement forthcoming from PLNI. More information, what kind I don't know but I think it could be safely said that the company is very cognizant of the need for information. It will cover a couple of possible issues. No specifics that could be discussed.


 
Posted by Murnak on :
 
just another buying op!
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Dept. of FWIW, at rb a post from SI (hope that's convoluted enough):

quote:
Just spoke with Rodney from Big Apple. Didn't get answers to a lot but he said 1 or 2 PRs should be coming next week.

PRs will come when they can no longer get off enough shares, IMO. Today, VFIN had to step in on the bid to help support it. Too many swing traders not getting their bounce and looking to sell and not enough new buyers. Buying dries up = PRs to come.

Rodney is totally unreliable as a source. He claims to be in constant contact with JT and BH, yet he is still awaiting replies to questions that have been asked for weeks? He is a shill for the company and will only repeat what is on pinksheets and in PRs, or give vague references to good things to come. IMO, anything he says should be viewed as part of an attempt to help the company sell new shares. There is money to be made piggy backing this info, but history shows its costly to view BACs comments as anything other than that.

It may be a buying opportunity to guess right on the next PR for a swing trade, but they have dumped so many new shares in the past weeks it will be hard to get much more than a very short term pop. Every pop will likely be met with more and more shares - VFIN plus all those who bought from VFIN recently. Looks like VFIN sold between 400 to 700 million shares since the last PR. That's a hell of a lot of competition looking to hit the bids when the next pump trade starts to roll over.

These microcap conferences and PRs bring in only so many new investors. Like any pyramid, it gets harder and harder for the early entries to get their money back. Swing trading ever lower waves seems to be the only real game left for the forseeable future(unless/until we get the audit).

FWIW, JTs monthly income statement to his bankruptcy trustee is due any day now. In November he took in $55,000. It will be interesting to see if this number is stable or bounces around from month to month. How much of that am I paying for every time I buy shares from VFIN? When will he finally pay off that dang bankruptcy? We're not going to see an audit, OTCBB, etc... until all that ugly mess is paid for, IMO. At the rate they're selling shares I would hope we're near the end.
 
Posted by Bearclaw on :
 
Well the gloom and doom boys are back...Can't have a day go by without the Prozak Puppies...
 
Posted by state780 on :
 
Sound analysis, Stock.

As I've said before, I hope Plasticon breaks new ground by doing something they said they would.
 
Posted by Bearclaw on :
 
Sound analysis...
Damn that's funny...only the Prozak Puppies would come to the gloom and doom conclusion...
Maybe if you learned how to trade in pennies and quit pointing the finger everywhere you could get off the meds...

The Prozak Puppy motto...."It's people, places and things that are wrong with us...Not Us...If only people, places and things would do what we want then things would be OK!!!" Take some control of your portfolio boys and quit the beeching...
 
Posted by StockHunter on :
 
One thing that should be foremost in our discussions and analysis, but has been lacking on all the boards, is insights into how the Bluelinx/GP distribution agreement around which much of this companies prospects are built, resulted in Bluelinx/GP being awarded a huge writ of garnishment of our companies income.

With all the people who have talked directly to JT and BH, has anyone ever brought this up? How did our company come to owe them such a huge sum in such a short period of time? How is this being paid off? How much has already been paid? Does Bluelink just get to keep the income from the rebar supports(that is, get the rebar supports for free or at cost until all is paid up), or can they get proceeds from stock sales? I'm not a lawyer or expert on garnishments, so any lawyers out there know the answer?

Could there be restrictions into their getting on the OTCBB, or complications in getting the audit out based on this garnishment? Is this why the company has to sell shares in the open market instead of finding a VC for funding? Would any funding have to go to bluelinx first? That would certainly make a VC financing complicated at the least.

For a company this small, anything over $1 million is a big deal, yet there has been very little explanation that I've seen.

Writs of Garnishment listed here:
http://www.siliconinvestor.com/readmsg.aspx?msgid=22020393

Info, insights anyone?
 
Posted by state780 on :
 
Bear, let's stay on the high road.

Sound analysis is giving reasons for a certain belief. It does not include invective about "doom and gloom," or heaping scorn about others' trading. That's just throwing insults around.

I think there are many more reasons to be skeptical than not, since the simple fact is that PLNI hasn't kept a single substantive promise since May of 2005. But arguments on the flip side would include Chopper's recent field report from Promold, for example.

I think we're all better off if we focus on facts about Plasticon.
 
Posted by Bearclaw on :
 
Why don't you call? You keep bringing it up...Why not get your answer and move on?
 
Posted by Bearclaw on :
 
You really think you focus on facts about Plasticon? You continually slam this company...Stockhunter more so than you...Your more like his guy Friday...

Your analysis isn't "sound"...it's "bias"...Your depressed state of mind and lack of ability to trade this stock effectively is the issue...that's the reason for the bias...thus the multiple posts over and over about the same issues that we all know...
 
Posted by state780 on :
 
Bear, there you go again. You're just insulting people. No new DD.

Stock has made numerous calls, so have I, most of which have been reported here (sometimes when I call and get nothing new from Rodeny, I don't bother saying so here.)

I think the garnishment issue is a good one to bring up. If someone else doesn't do so by the next time I call in, I'll do so. I also keep forgetting to ask about the current auditor--don't think I'll get much on it, but keep meaning to give it a try.
 
Posted by Stock Jockey on :
 
Stockhunter.... I can't believe you actually posted that Crap.
Do you not do any DD on your own but rather take the easy way out and post that fictional Garbage from another board?
I challaged the Bashers to actually post the photo copies of this particular slander a few weeks ago and as EXPECTED.... NOTHING to validate this Trash! Your so called solid analysis is based on pure innuendo and conjecture and nothing more! You Know nothing more than anyone else. I like you because your a pretty darn smart guy.... but your showing me different with posts like that!

The Garnishments are Phoney! Check the Nevada State Corporation Commission. International Plastics Group was DISOLVED in 2001. So was Laser Engineering and Florida Curbing.
The wording on the so called proof is wrong! it shows Wicklund and International Plastics as the Debtor and GP and BlueLinsx as the Garnishee. So who owes whom the money? Next time the Bashers should check their wording before they post this Slanderous False Garbage. Or better yet post the actual State website that this information can be seen by all!

garnishee
Function: transitive verb
Inflected Form(s): -eed; -ee·ing
Date: 1846
1 : to serve with a garnishment
2 : to take (as a debtor's wages) by legal authority

Main Entry: [1]gar·nish·ee
Pronunciation: "gär-n&-'shE
Function: noun
Date: 1627
: a person who is served with a legal process of garnishment

debt·or
Pronunciation: 'de-t&r
Function: noun
Date: 13th century
1 : one guilty of neglect or violation of duty
2 : one who owes a debt
 
Posted by Bearclaw on :
 
Really...
Are you trading this stock at all or just holding long and posting negative posts...You call it DD...When you do talk to someone you post that your getting the run around...

That's not insulting you...It's getting to the reason for your negative outlook...Other investors need to know your agenda as well as the information/opinion you post...
 
Posted by state780 on :
 
Again with they psychoanalysis.

I have such a depressed state of mind I'm going to leave now so I can play 9 holes of golf and then have a Cuban cigar.

Life sucks!
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
Why don't you call? You keep bringing it up...Why not get your answer and move on?

As you know, I have contacted the company, BAC, pinksheets, the MMs, numerous state regulators, the SEC and others regarding this company. The only wall I've run up against is from the company. BAC gave me false information and neither the company or BAC will respond to anything written. Rodney still has not gotten back to me with direct contact info for JT or BH. Nor has he come back with responses to any of the questions he said he would ask on my behalf.

Talking to the receptionist just isn't enough. Since there have been many on this board who claim to have a relationship and direct contact with JT and BH I was asking if they had any insights on these questions. It seems reasonable that someone would have asked about the bluelinx relationship and even a non-repsonse would be information.

Anyone who thinks this bluelinx garnishment is an old issue or that we all know about it simply hasn't been reading this board. I don't know how this evolved or how it can/will be resolved. If this is an old issue that everyone is aware of, then I missed it and would appreciate a repost, or a PM pointing to the info if it seems redundant to post.
 
Posted by Bearclaw on :
 
Stock Jockey...
Maybe VFIN forgot to include that information in the envelope with his paycheck..
Maybe ask on the Worms website where he's being quoted...
 
Posted by StockHunter on :
 
Stock Jockey,

You mention Laser Engineering and Florida Curbing in your post, neither of which are included in the post from the link I provided. Could you post (or PM me) with the document or link you have which includes these so we are all looking at the same documents.

The thread on SI where I read this did not come from a "basher", but from Jeff Mitchell. He is one of the most legally knowledgable and respected members on the SI boards. Even rrm praised his knowledge and professionalism today. If the doc he posted was forged, it would be highly out of character. Plus none of the subsequent posts on that thread questioned its authenticity. Very strange silence from a group usually trigger happy to question anything that could be viewed as negative.

You are correct that I did not obtain the legal copy myself. We all need to work together to best utilize our time resources. Your response helps us start to get to the bottom of this issue. I will dig further to check out the document, but again, the source has a very reliable history to this point IMO.

Wicklund(now Plasticon) is listed as the judgement debtor and the writ was granted "for" bluelinx and GP. But bluelinks and GP are listed as "garnishee", so I can see the apparent confusion. Like I said, I'm not a lawyer and will investigate further to see if your concerns are correct. Why would a lawyer not notice the language if it is in fact not kosher verbiage?
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
Again with they psychoanalysis.

I have such a depressed state of mind I'm going to leave now so I can play 9 holes of golf and then have a Cuban cigar.

Life sucks!

Well State, anytime you can play 9 holes of golf in the middle of January you have something to be thankful for. Stay in the fairways and watch out for those slow playing DC lobbyists.
 
Posted by Chopper on :
 
StockHunter,
It appears Jockey was unable to respond to you. Sent me this to post. Sorry for the confusion. LOL

I added the Florida curbing and the Lasar Engineering.
Along with the Ex Ceo and President of those, Dow Chemical and certain patent rights and so on are the various keys to the bankruptcy. If you really look into all those you will find a huge disaster that caused JT to be blindsided. This is why there has been so much Due Diligence done on Semco and Promold and why there are SEC holdups.

I have not seen the actual documents in question nor do I know Anyone that has seen the original docs.... But I do know there was no International Plastics in exsistance at the time and the verbage is not correct.
For what it's worth I see that little piece posted by Mr. Mitchell no matter how much he sounds like a lawyer to be just a fairy tale. Just maybe he was hoodwinked into believing it was something it is NOT. Good luck in your quest.

[ January 12, 2006, 16:59: Message edited by: Chopper ]
 
Posted by Chopper on :
 
Anyone have an idea if we shall see a small pr tomorrow?
 
Posted by StockHunter on :
 
Chopper, thanks for the reply, but I'm a little confused by your comment that you added the Florida Curbing an Lasar Engineering. Did you guys discuss this earlier or is this from another site where you and Stock Jockey were discussing this? I just can't recall seeing any of this before.

The problem with the legal info is that it is edited. By the numbering it looks to have at least 17 parts. For the sake of argument lets say the doc was real. Could a third party (e.g. a creditor in the bankruptcy) garnish assets of a judgment debtor(Wicklund) through a garnishee (bluelinx,Georgia Pacific) since Wicklunds assets are basically coming through bluelinx/GP? It would be like having your employer being the garnishee for a bank that sues you for an unpaid debt. That would explain the language. I would want to see the rest of the doc to see if that explains all the linkage. Since JT has owned, taken over, lended between, and signed agreements between so many different entities, any legal document would be convoluted and hairy to dig through. I have seen bankruptcy docs that list many defunct(and precursor) entities in the string of debts just to cover all bases. Maybe the same practice is used in garnishments. Notice how both GP and bluelinks are listed for the same debt even though bluelinx is the current entity involved.

Guess I'll have to join SI so I can question the sources directly. Been trying to avoid all the redundancy of posting to multiple boards.
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
Anyone have an idea if we shall see a small pr tomorrow?

Friday PRs have been pretty rare, but they did put one out on Dec 30, a friday. That may have been to met the promise of something by year end though.

My opinion is they issue PRs when buying interest wanes to the point that VFIN can't sell a significant amount of stock. That appears to be happening here. Tomorrow or early next week would fit with the pattern.

Thanks for clearing up your previous post. I should have hit refresh before posting. Unless someone sees that you edited your post it looks like I don't know how to read, LOL.
 
Posted by Chopper on :
 
Stock,
Even I had a problem posting that with the cut and paste. LOL and I got the flood protection twice.
Now as far as VFIN here is a post from Molson Ice1 from RB.
" Anyone else get a message from the SEC thanking you for the complaint and stating that they have been looking into VFIN for quite sometime. I called once I received the e-mail. Woman (name withheld) I spoke with stated she can't give specifics just that VFIN was a priority right now."

I as others believe that VFIN has a short position. No one actually knows if Mr. Turek has diluted anymore after that first little jump in the float and with the responce received by molson from the SEC, I am inclined to believe that shorting Does indeed exsist on this stock.

I am curious why BlueLinx would have any judgement against Plasticon? Isn't Plasticon supplying product to BlueLinx? So the only instance that could cause a judgement is if there was non performance on Plasticon's part. Additionally if a vendor could not fulfill a contractual obligation to BlueLinx.... Why the heck would they renew any contract with them as PR'd rather recently? All PR's I can assure you with any mention of BlueLinx went through their legal department. Also, how in the world could you get a judgement against a company that no longer is in business for four years ie. (International Plastics)?
That whole garnishment issue stinks of manipulation of the facts (or lack there of).
 
Posted by StockHunter on :
 
Chop,
You and I disagree on what VFIN is doing and who they represent, but I'm glad people are filing complaints. If the reports from those who claim Rodney is advancing this idea(and that he says JT expressed concern about VFIN) are true, then they would likely include that info to bolster their complaints.

Since BAC does a very good job of never putting anything in writing, it is difficult to make a case against their dishonest behavior to the SEC. The more people who advance an argument that JT and Rodney know to be untrue, citing them as a source, the more evidence the SEC has of questionable behavior on their part. The SEC can connect the dots.

The comment that the SEC said VFIN was a priority is really out of character for the SEC. Everyone I have dealt with has been careful not to give out such information. I've dealt with regulators on a number of occassions over the years, and yes you can get some to chat off the record, but they know they're not supposed to say such things.

As for VFIN having a short position, I believed them when they told me they were handling an order for an institutional client and not thier own account. You may argue that the client has a short position however. If that is the case, then VFIN would be failing to mark the trades properly since it only takes 0.5% of shares short(12.5 million by the company's count) to make the REG SHO list and PLNI is not on the list. VFIN sells more than 12.5 million shares after lunch every day. Since VFIN has been fined in the past for failing to properly mark short trades for customers, it would be very surprising for them to mess up here again. To turn your head the other way in order to get some institutional business is one thing, but to flagrantly violate the law for months on end for the same client is pretty extreme behavior.

Can the money they make on commissions in a .006 stock really be worth risking your franchise? For the sake of argument, lets say they charge a 1% commission to handle the order for this client. For every 100 million shares they sell at .006 VFIN would pocket $6000. The last fine they received for failing to properly mark short trades was $17,000. This one would likely be much higher and could lead to them getting shut down. It just doesn't pass the logic test for me.

The garnishment issue will have to be further verified. If its real, the non-performance possibility would be one way this could occur. That could explain the push for additional capacity. One reason they would renew the contract is because it would be the only way to get their money back. Donald Trump wasn't forced out of business when he went deep into debt. His banks became partners, in essense, in order to get their money back out of him, and it worked. The other possibility is that bluelinx is just a conduit(garnishee) for another judgement creditor. Then your comment about why would anyone renew a contract with them becomes more compelling.

As with most things Plasticon, there are more questions than answers.
 
Posted by DQ. on :
 
I've got it folks!
Jim bought 50% of all these shares in his buy back program. The other 50% have been bought by HUGE Mutual Funds getting in on the ground floor.
Everything is in place now for rapid production.
The PR of the audit and HUGE contracts are going to send us to .50.
Load the wagon. [Big Grin]
 
Posted by ed19363 on :
 
Wish we had some concrete news from the company instead of all the useless bickering over semantics.
 
Posted by state780 on :
 
OT:

quote:
Well State, anytime you can play 9 holes of golf in the middle of January you have something to be thankful for.
Absolutely (and as I think you sense, of course I was being sarcastic). January golf in Washington proves the existence of God. My swing proves the existence of demons.
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
OT:
January golf in Washington proves the existence of God. My swing proves the existence of demons.

Every golfer can enjoy the game with the proper attitude. For myself, I'm a value golfer. I figure I'm paying to swing the club. I hate to brag, but my cost per swing is always the lowest in my foursome. And I don't even have to practice!
 
Posted by state780 on :
 
OT: stock, sounds like you play with my group.
 
Posted by tavil on :
 
quote:
Originally posted by StockHunter:

The garnishment issue will have to be further verified. If its real, the non-performance possibility would be one way this could occur. That could explain the push for additional capacity. One reason they would renew the contract is because it would be the only way to get their money back. Donald Trump wasn't forced out of business when he went deep into debt. His banks became partners, in essense, in order to get their money back out of him, and it worked. The other possibility is that bluelinx is just a conduit(garnishee) for another judgement creditor. Then your comment about why would anyone renew a contract with them becomes more compelling.

If you want an answer for this, check what happened to Laser Engineering Inc.(FL) If you know
how to search, you 'll find the answer.
 
Posted by StockHunter on :
 
quote:
Originally posted by tavil:
If you want an answer for this, check what happened to Laser Engineering Inc.(FL) If you know how to search, you 'll find the answer.

Thanks tavil. Will do.

Here's a link to the full garnishment doc we've been discussing. Any lawyers out there willing to interpret this? Am I interpreting this properly to mean that Bluelinx has to hand over (have garnished) rebar support sales proceeds intended for Plasticon to satisfy debts the company owes to other parties?

Garnishment Info Link
 
Posted by StockHunter on :
 
to get the link to work, change the asterisks to:

b l o g s p o t

Anyone know how to create one of those "tinyurl" things that prevent this problem?
 
Posted by tavil on :
 
quote:
Originally posted by StockHunter:
Here's a link to the full garnishment doc we've been discussing. Any lawyers out there willing to interpret this? Am I interpreting this properly to mean that Bluelinx has to hand over (have garnished) rebar support sales proceeds intended for Plasticon to satisfy debts the company owes to other parties?

This garnishment doc is a small piece of the whole puzzle for this case. Do not look at it on its own because you will arrive to wrong conclusions. To cut the story short though(for those too lazy to search), as a PLNI stockholder, I would not worry about this case at all.
 
Posted by state780 on :
 
tavil, all due respect, but Yoda-like statements ("seek, and the answer find will you") are not a big help. If you have an explanation, by all means as a PLNI stockholder I'm interested in hearing it explained. Kinda defeats the purpose of sharing DD if every poster has to start from scratch, especially on complex issues.

Thank you.
 
Posted by Bearclaw on :
 
With all due respect...
Posting DD on this board is the equivelant to running through a guantlet...It use to be a place where folks could share DD as well as "opinion" and "speculation" The 2 latter ones are no longer welcome without getting a disertation on the rules of posting here! Unless you have a notorized statement from the Pope your at risk here! Folks wonder why they don't have the insider scoop and why groups of investors are choosing to communicate via Private e-mails and phone calls...Take what your offered and incorporate it in what you have then ...Buy, Sell or Hold...

Tavil...thanks for your input and feel free to share only what you choose...If you have anything else you'd care to share please feel free to PM me...thanks again...
 
Posted by state780 on :
 
Honest, Bear, no offense meant. I think it's a fair point--instead of sending a bunch of posters scrambling to figure out what Tavil has in mind, he could, you know, tell us. Maybe it's just me, but I'm a busy guy and don't have time for riddles.

Have a good weekend all.
 
Posted by Bearclaw on :
 
State...
I use to post things here that I got from sources. I didn't go into detail sometimes. My reasons were always well intended...When I did that I got picked apart so I quit...I now communicate with folks in other ways...There are many investors who refuse to post here and on other blogs for this reason...so...If all someone has is the blogs to get information they are driving in the dark with no lights...Stock Jockey only posted his information because he was surprised people were still discussing it at all...he was a little irritated as was I.

I'm not sure why Tavil didn't lay it out for you...The use of a PM may work for you communicating with him...I told him to PM me if he had anything to share...He may have shared all he's willing to at this point...He did say he would not worry about this case at all...I had concluded that also...along with other folks...

We're all busy...but...the DD on this site only occasionally has information that is useful for my trading purposes...That information is found elsewhere...

If the disecting of posts and PLNI and Turek would stop then maybe folks might post more here...never know...I'll see if Tavil is willing to PM me...You might want to try also...who knows...otherwise I'll take what he offered as another confirmation for me from a seperate source that the garnishment is a
non issue...

You have a good weekend also...
 
Posted by YellowSubmarine on :
 
claw, IMHO you're being worked, ol' Son................

PLNI will lay it all out for us shortly. So why you bother responding to bashers and blowhards who are clearly trying to "..BAIT you.." into a TOSable post is beyond me.

If '760' is such a "..whizbang stock guru, pseudoVIP, & 'very busy guy'..", what the Sam Hail is he doing whining-&-moaning on a freebie stock board, over a $0.006 stock he owns none of, and could clearly care less about. He comes across like another "..legend in his own mind.." to me..!!!

News soon........... ..HUMMER H2 soon after.........

ps & off topic: ACHI and AURC getting hotter every day......

.
 
Posted by BuyTex on :
 
'claw, state...good posts, imo...

to me? That tavill guy's most recent post is disingenuous...
 
Posted by Chopper on :
 
Stockhunter,
Your first mistake is trusting the worm's partial flow of docs! Your second Second is not getting all the legal documents yourself and revieving them and the circumstances that surounded Laser Engineering, Florida curbing and the X President and CEO of the companys and the other principle parties that were involved in those 2 corporations prior to JT's acquisition bid.

While your at it, why not check Rudolph T. Poselli Jr. and Gary Ball's background relating to Florida curbing and some other corporations that they have been involved in and their subsequent business dealings. Rather interesting story unfolds with a little work. I really don't expect you to do so though as your only source appears to be your buddy the worm. Of which your are quoted heavily on his web site btw. Hmmmmm

I have known about everything you post that is negative for Months. I really don't appreciate your sly way of slandering the company, with your lack of posting all the truth that is out there. But I guess you enjoy bashing your own investment. You did say you were a fractional stockholder ay?

I don't post a lot here anymore as the DD quality environment has deteriorated greatly. I have done an extensive back ground check on MR. T and all the companies that he has either done business dealings with, current and past. I have even visited some of the companies myself as an investor and even shared the ProMold visit with all the board members here. Have you done any of this hands on Due Diligence??? I do know several others posting here have... Investors like Stock Jockey, Bearclaw and a few others. In my research I established a comfort level that JT will be successful and this company will move to the OTC BB and beyond rather rapidly after a few issues are taken care of, which should be very shortly.

I am not going to debate you, state or anyone else on the board with the wasteful bantering. But I will recomend that you guys get off your lazy cans and do some real field work rather than posting your innuendo, half truths, seemingly innocent questions and your so called analysis of the market makers like you were a Wall Street Insider or posing as an honest investor. Have a good weekend folks and GLTA!

Ohhh and Gooooo Panthers!
 
Posted by state780 on :
 
geez, no good deed goes unpunished. I saluted Chopper before for sharing his field report, and I get a slightly different salute in return.

Stock, who has done a ton of substantive DD, needs no defense from me. I just wish we could spend more time evaluating (potentially competing) facts and less insulting each other.

Back to my sunny Sunday.
 
Posted by Bearclaw on :
 
Chop...
Since the Panthers beat my Giants I'll have to go with you for the NFC...Now Indy and Pittsburge just kicked off...Indy is my team there but I'll be with you later this afternoon...

Stock has established himself as a resident expert here...State seems to have bought into it...You have to admit he's good...I come back sometimes to challange the myth he's established for himself. I encourage you, Stock Jockey and YS to come in now and again to let folks know his hidden agenda...I get sick of the pissin contest too but ya just can't let this guy run amuck...GLTA
 
Posted by DQ. on :
 
We are supposed to have 2 big PR's in Jan. Well it's the 15th. I guess we still have half the month left to get them out.
I hope they are the big bombs we have all been waiting for.
Getting kind of tired of waiting but when you factor in all of the things they have working I still believe we are all going to be so happy we have this stock we may need to change underwear.
Go Big Jim.
 
Posted by Double Diamond on :
 
I got my reserve underwear with me !
 
Posted by Chopper on :
 
Good Post from RB....

My SEMCO workshop visit by Downdraft,

I am not posting on a regular basis or responding to other questions but wanted share some information about my visit to SEMCO.

My business partner and I attended the SEMCO workshop in December 2005 in Las Vegas, Nevada. We met the President/founder who is a biochemist by trade and other employees which I will withhold their names. I don’t think it is fair to post their names on a public forum without specific permission. The President is a real nice guy and quite the gentleman who has a passion for his product. He is soft spoken and believes strongly in his product he started some 15 years ago. He stresses safety first, customer satisfaction and no short cuts when using the SEMCO system. The office is nice which includes a good size showroom in the back which displays different SEMCO applications from the floor to up the walls. To be honest it was freezing in the showroom and we could never get the heat turned on because it was borderline, turn on the heat or maybe it would warm up, it never warmed up...ha. The workshop was a 3 day course which includes allot of hard work, 8 hours a day, and don’t forget your work clothes it’s messy.

The workshop we attended was small 3 people and included a person which was associated with Plasticon but I don’t have the specifics. The training was broken down in 2 parts, the classroom product technical training and the hands on application training. I will try to give you a rough idea of what the training entailed and what I was able to learn.

While in the classroom you go over a ľ inch book stocked full of SEMCO product specifications and business procedures. At the same time there was a PowerPoint type presentation which will show product usage and different applications etc. This classroom training was about a day and a half but necessary before you started trying to apply the product.

The next part of the Workshop training was held at the warehouse and was given by a senior installer named Joe who knows his stuff. Joe has a passion about SEMCO and really enjoys his work and told me about some of the different jobs he has done at the various casinos in Las Vegas. You can find SEMCO product at many of the major casino’s which was quite impressive and looks great.

I won’t get into the specific application of the SEMCO product because I don’t want to try and explain something have way and will save the details for SEMCO to handle at their workshops.

I can tell you we applied different applications from x-bond liquid, x-crete 400, 500 extra gloss, prestain, cleaners etc. I was very impressed with the over all product and a very important factor is SEMCO products are “Green” and not harmful to the environment.
And when they tell you x-bond creates a chemical link to whatever surface it is applied to they are not kidding, I left my tennis shoes coated with x-bond in Las Vegas...ha. After applying different applications with colors, finishes etc it gave me a good understanding how versatile the product was. You also can use a single product with many different applications for floors, walls, pools, dive ways you name it with over 1000 colors to choose from which makes it easy for General contractors stock and use.

You can apply SEMCO products x-bond over an existing surface without having to remove it which saves time, energy and the environment from waste. The main products are totally odorless and can be installed at casinos, hospitals and other places where people are present because there are no harmful odors etc. Some products you have to use outdoors and do have odors but only a few.

At the warehouse you could see SEMCO products stacked from the floor to the ceiling and it was a business in motion. Trucks were constantly in and out and SEMCO products being were shipped and picked up by customers. SEMCO appeared to be a thriving business from what I saw and the employees seemed quite happy to be working there. We completed the technical training and then we were shown different SEMCO applications around the city.

We all loaded up in the Presidents BMW and went on a field trip to casinos, schools, public buildings to see the final SEMCO product. While in the car I asked the President, “How is it going to effect you now that Plasticon purchased SEMCO”, he said he will continue to work and Plasticon will offer more marketing capabilities and distribution. He definitely talked positive about PLNI and as if they were being purchased.

I was lucky and even got to attend the SEMCO Christmas party and enjoyed an evening with the SEMCO family. Overall, I feel SEMCO is a fantastic product which should add to PLNI’s bottom line. It may tale some time to get spooled up but they go hand in hand.

For myself I am an authorized SEMCO applicator and trained on the products and am working on my first commercial install. I got what I wanted out of the workshop and will continue to have full confidence in Jim Turek’s PLNI, including SEMCO. BTW, I do feel the audit could be announced anytime too so keep the faith.

Take care and Good Luck,

Downdraft
 
Posted by Chopper on :
 
Now to repost my visit......

OT: Subject..ProMold Visit

My visit to ProMold was interesting, informative and money well spent. I will say this once and only once and will not respond to questions by board members that would or could be construed or implied as sensitive information. I was not given any insider information nor would I ask. This will be the only post on my visit. (TIA) I went merely to see a company in operation producing some of the product that was PR’d by the parent company. What I found was nothing less than amazing.

I had called Jim Turek’s office in advance and asked if I could visit ProMold at John Murphy’s convenience and would Jim be Ok with it. I realize they have gotten a lot of grief as of late on the blogs and some really tasteless phone calls by crass investors. Surprising any company with an impromptu visit is just inappropriate and could be mistaken as an aggressive gesture by a disgruntled investor. Plasticon’s response was it would be ok with Mr. Murphy’s approval. I called John and asked the same question and he agreed to meet with me and set the appointment for Saturday the 7th. I arrived at ProMold to a warm welcome from the CEO.

We chatted in his office for a while and he then took me on a tour of the plant. John Murphy is a very shrewd and hands on kind of fellow with 40 years in the plastics injection and extrusion mold industry. He has owned ProMold for 20 years and has grown the company from its meager beginning to producing everyday use and specialty products for some very prestigious fortune 500 companies. A Coffee Maker company and a certain Battery company are just two of their clients.

When we walked into the plant the very first machine that I saw was Plasticon’s Brand New Toyo machine. Very nice piece of equipment… I did notice a new piece of equipment attached to the Toyo which is a high tech dryer used for curing the finished plastic rebar supports allowing the machine to recover and cycle faster producing more product in a much shorter time. There was product that had just come out of the machine sitting on the receiving table and I found myself holding the (what is thought to be by some investors the elusive 4 legged Plasticon Rebar Supports.) LOL

The plant runs the machines 24/6 and has ten high tech pieces of equipment in the main production facility. There is plenty of room for expansion for additional Plasticon Toyo’s. At every single machine they have a quality control book to log every run of every machine every day and the QC supervisors actually run all the machines on each of the three shifts to detect any problems or nuances with the production runs and machines.

After all products are run, they go to a Quality Control room where key vital products are tested. In many of the parts produced (Each and Every Piece is tested, 100% inspection)! ProMold has developed a new testing machine specifically used to test rebar supports to meet and far exceed the specifications of the concrete industry for plastic rebar supports. SWEET! Quality control is a huge deal with ProMold and shows in their product production and Clientele.

The next room was the mold warehousing and refurbishment center. Engineers are used to keep this high dollar asset room pumping out molds to the machines for the various runs in the plant.

The next room was the tool cage to support the mechanics and engineers with the parts and tools needed to take on the never ending maintenance task of keeping all the machines running 24/6.

The next room was the equipment support center to supply the machines with water, power, air and HVAC to each individual machine as well as the same for the plant.

The next room was the raw material room containing a HUGE supply of product for the various parts produced. 55 gallon drums were the bulk of the product stacked 15 feet high and many layers deep. WOW

The last room in the plant was shipping and receiving with 4x4 pallets of product to be shipped that next week stacked 3 high and the length of the entire area 3, 4 and 5 deep. The trailers that were at the docks were already loaded and ready for pickup and shipment that next week. ProMold also has rail access for railroad shipment. BTW there was a boat load of Plasticon product going out that next week folks.

In summery the ProMold 35k sq ft operation can best be described as a Ferrari Power Train under a plain wrapper. This company is the real deal and so is the President John Murphy. I hope this eases some of the nervous investors and squelches some the nay sayers. Do your own due and Good Luck to All!
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:

While your at it, why not check Rudolph T. Poselli Jr. and Gary Ball's background relating to Florida curbing and some other corporations that they have been involved in and their subsequent business dealings. Rather interesting story unfolds with a little work.


Chopper,

Please share this information with the board, or at least some links. No need for everyone to have to redo the same work. As you know I also do a great deal of DD and do share what I can with the board so we don't all have to duplicate our efforts. I'm also always willing to discuss in PMs anything people don't feel comfortable posting in public. If I find anything of interest in addition to what you report, I will share with the board. If there is anything you do not feel comfortable posting publicly, feel free to PM me. BTW, you have an unread PM from me.
 
Posted by StockHunter on :
 
Anyone notice UBS making a tight 2 sided market today? I do not remember ever seeing them in PLNI before. Has anyone ever seen them in PLNI before? Trying to figure out if they just started doing business here, maybe attracted by the higher average daily volume, or if they are working a position.
 
Posted by tarpontamer on :
 
Yes, I noticed that as well. Here maybe this will shed some light for ya. http://www.ibb.ubs.com/News/august04.shtml
 
Posted by StockHunter on :
 
Thanks tarp, right on target with that news.

So UBSS = SCHB of old.

Well respected financial giant. Probably won't change much of anything.
 
Posted by state780 on :
 
thanks for that info, guys, I've been wondering about ubss all day.
 
Posted by state780 on :
 
though that pr is from Mid-2004. I guess it just that long for everything to percolate down?
 
Posted by StockHunter on :
 
quote:
Originally posted by state780:
though that pr is from Mid-2004. I guess it just that long for everything to percolate down?

As you know, in the land of Plasticon days become weeks, weeks become months, months become years... but its all AKA "very soon".
 
Posted by StockHunter on :
 
Looks like PLNI pushed back the date of their conference appearance to Feb 23. If I remember correctly, they were originally scheduled for this week. So much for the pre-conference bounce this week.


http://www.archconferences.com/

"January 17, 2005 - We are proud to announce Plasticon International (OTC:PLNI) will be making a special presention during breakfast of the Arch February 23, 2006 Conference."
 
Posted by Murnak on :
 
Maybe a trade show bounce!

They maybe helping Bluelinx peddle their product!

http://www.worldofconcrete.com/WOC2006/Public/Booth.aspx?IndexInList=0&FromPage=ExhibitorSearch....
 
Posted by StockHunter on :
 
quote:
Originally posted by Murnak:
Maybe a trade show bounce!

They maybe helping Bluelinx peddle their product!

http://www.worldofconcrete.com/WOC2006/Public/Booth.aspx?IndexInList=0&FromPage=ExhibitorSearch....

I could not find Plasticon or Semco on the exhibitor list. Has anyone from the company indicated that they would be there in an official capacity?

Being that its in Las Vegas it should be a no-brainer for them to attend. Would prefer that Semco had their own booth though. They could then wisk off interested parties for a tour of their facilities.
 
Posted by Chopper on :
 
I repost this as a preemptive measure. I had stated nearly 30 days ago "IMO as stated before material events should flow in this next 30 day time period using today as a reference point." I should have said 30 trading days.... My mistake.

In any event, I still feel we will see a PR this week, just a few days late. My bones are hurting and we are either going to see good news or it's going to rain a flood here.


quote:
Originally posted by Chopper:
Good Morning Longs and shorts alike.

This trading pattern we are still in is synonymous with the pink market. No new PR or industry related news, the flippers, swingers or day traders have long left, the weak get tired, sell and leave as their threshold of pain is reached. The short interest mm’s play the game with just the right mix of Vapor shares to drive the stock price down looking for new weak hands to accumulate more shares on the way down. Should Jim ad more shares into the float for more equipment this could drive the price down as well along with the shorters taking advantage of that prime opportunity untill significant material events are announced.

As much as I would love to hear that someone has the inside scoop with great predictions of PR's forth coming, the fact is no one knows when they will be released or what will be in them. Jim will not let that cat out of the bag for any stock holder and violate SEC rules. PERIOD! IMO as stated before material events should flow in this next 30 day time period using today as a reference point.

So what exactly is the point to this bash fest being conducted in the last several weeks? Most is seasoned with half truths or down right lack of any DD on the company. Any little negative is multiplied exponentially into the doom and gloom scenerio with the CEO running off with diluted cash coffers stuffed with stockholders money to Cancun. I should only guess that some feel that they may be the New breed of brilliant thinkers or seasoned stock gurus. Maybe they have the god syndrome thinking they should save all the unsuspecting from imminent DOOOM. Or maybe a group of opportunists thinking they will buy up the weak shares on technical lows… But more likely a group of minimum wage folks that are employed by certain MM’s to shake the market Tree as hard as they can so they can scoop up any shares prior to an impending run , whether it be a technical or a true PR run on the horizon. This is observed as fact in the Exact Same multiple postings using multiple aliases on EVERY board on the internet!

I really try not to pump or bash any stock. I happen to like this company but only after exhaustive DD on my part. I have called Every principle party related to this company going back years. IMO the SILENT period is due to the total SOX audit package and has been a stopping point for some very important reasons.
The sudden and opportune timing of 2 acquisitions made by Plasticon in the early stages of their audit. These 2 companies had to have due diligence performed prior to purchase and once that had been done and all claims verified by independant Labs, technical sources, vendors, lean holders, ect.. and Plasticon then an SEC SOX Audit was ordered to seal the deal on EACH company. My instincts and DD tell me that they are complete and the purchases are complete. I further believe that the Overall SOX Auidt for Plasticon has been submitted to the SEC and the tweeking period is underway between the SEC and Plasticon. Upon Audit approval by the SEC the following uplisting forms will be in play and left for the SEC to give the Official OKIE DOKIE for Uplisting.

On the brighter side as well.... IMO we will also see more contracts gearing up for the spring construction season. These orders always come months in advance for scheduling and availability.
Do your own due but in my opinion we are in a great opportunity. Just stinks that the market forces have been in play to the downside.

Peace on the boards Good Luck to All.


 
Posted by runningscared on :
 
Thank you Chopper, but despite what has or hasn't been said, what's stopping this company from pulling an r/s?
Just went through that with SVXP. Fortunately, I got out just in time, but, the point is, after holding on to this company for a long time hoping business booms and it's uplisted there's really no guarantee after all of that time when other plays could have been made for a few bucks there won't be an r/s just when things begin to get really good.
Personally, I would have loved to stay long on SVXP but that oppotunity was taken away.
 
Posted by Chopper on :
 
Another day no PR.... Just in wait and see mode. GLTA
 
Posted by state780 on :
 
quote:
There will be announcements regarding the share buyback program and the audit coming in January of 2006...
(from the Dec. 30 pr)

If these clowns drag this out until Jan. 31 and put up another fluff PR saying great things will happen in Februrary...
 
Posted by Bearclaw on :
 
Then you may want to sell State...no sense investing in clowns as you say...

quote:
Originally posted by state780:
quote:
There will be announcements regarding the share buyback program and the audit coming in January of 2006...
(from the Dec. 30 pr)

If these clowns drag this out until Jan. 31 and put up another fluff PR saying great things will happen in Februrary...


 
Posted by mbmaid on :
 
Gapping .0064 x .0065
 
Posted by airdoo on :
 
need a solid pr. something that will raise the pps and set a new support level
 
Posted by runningscared on :
 
Here's the deal with PR's.. don't fall into the trap of that favorite children's story about the boy who cried wolf.
If there's nothing to say.. don't say it. This company is NOT going away!
To constantly publish PR's for the sake of PR's to enhand pps dilutes the credibility of all PR's.
When something "solid" happens.. then put out a PR. It's legitimate and carries more credibility.
 
Posted by runningscared on :
 
Hey.. how the "f" did I lose a star? Actually, how the heck did I deserve the 5 stars anyway?
 
Posted by Bearclaw on :
 
Just gave you a five star...maybe that will help pull it back up...

quote:
Originally posted by runningscared:
Hey.. how the "f" did I lose a star? Actually, how the heck did I deserve the 5 stars anyway?


 
Posted by runningscared on :
 
Thank you Bearclaw!!!!!!
I thought for a fleeting moment my wife was the only one convinced I don't know what I'm talking about.
Seriously, I learn more and more everyday... yourself certainly included.. how much I don't know.
Love all the personalities here and elsewhere. Why pennystocks? This is really, really fun. Just don't take it that seriously.
That said, it's like penny poker. Be it a buck or a penny, one really gets into it.
 
Posted by airdoo on :
 
lol. i agree. so many interesting personalities. and i hear what you're saying about SOLID pr's that's why i wrote "solid pr" lol. they're the only ones worth anything. they change the pps and increase the support level. weak pr's are good for ppl who swing but lousy for people who are invested in a company. if you could ever really be invested in a penny in pink land.
 
Posted by Chopper on :
 
Good Morning... This is a Test of the Emergency PR Notification System. This is Only a test. Should there be an Actual PR with Mergers, Contracts or an Audit you would Not Need this Bulletin Board to Hear the Alarm. You will be able to hear Chopper From the Strategically placed Chopper Complex, High atop Chopper Mountain. Thank you for Participating in this weekly test and GLTA.
 
Posted by mr money on :
 
NEWS
NEWS
NEWS!!!!!
 
Posted by Chopper on :
 
Plasticon Completes SEMCO Acquisition
Cutting Edge Surfacing Company Will Position Plasticon for Growth in $100 Billion + Surfacing Industry
LEXINGTON, KY -- (MARKET WIRE) -- 01/19/2006 -- Plasticon International, Inc. (OTC: PLNI) announced today that the company has completed the acquisition of SEMCO Manufacturing, Inc.

"The acquisition of SEMCO Manufacturing is an absolutely critical part of our growth strategy," said Jim Turek, President and CEO of Plasticon International, Inc. "We are very excited about the completion of the acquisition, and we are confident that SEMCO will become the greatest profit center for Plasticon International in the years ahead. SEMCO is currently profitable and enjoys a stellar reputation as a technology leader in the surfacing industry. This is an established company with an outstanding record as a pioneer in surfacing and the company has proven itself again and again with many successful high-profile projects. SEMCO's products are the most innovative and versatile in the surfacing industry today, and the market potential is staggering. To give you one example, the world flooring market is a $95 billion industry (Source: The Freedonia Group, a leading international business research company). If we can capture merely 1% of this opportunity, that translates into $950 million in sales."

Mr. Turek continued, "And of course, flooring is just one piece of the massive surfacing industry that SEMCO serves, which is why we believe that SEMCO will be such a huge profit center for Plasticon. SEMCO's best-of-breed products, which cross link chemically to virtually any material they are being bonded to, reinforces the density of almost any surface, including concrete, tile, wood, foam, metal, asphalt, rubber, tile of all types, and can even seal off toxic gases from asbestos, thereby eliminating the need to remove asbestos. Their product applications are virtually endless and extend far beyond flooring to wall surfaces, heavily trafficked outdoor walkways, parks and public works projects, kitchen and bathroom surfaces, and roadway projects (such as bridge decks and the beautification of highway dividers). There are tremendous opportunities for growth, particularly in transportation. The Senate recently passed a $285 billion transportation bill. As the only company in our sector that is DOT (Department of Transportation) approved in all 50 states, Plasticon is in a unique position to offer both our recycled plastic product lines and SEMCO's innovative products for potential DOT projects in the future. We believe that the fact that SEMCO's products are environmentally responsible and require no waste disposal, will make SEMCO's products a very attractive choice for the Department of Transportation in the future. As a green company, SEMCO Manufacturing not only meets national requirements -- they exceed requirements."

Mr. Turek also noted that the product synergies with Plasticon's existing recycled plastic rebar support product line and SEMCO's surfacing products will allow Plasticon to immediately begin offering SEMCO's products to existing customers. "SEMCO's surfacing products add years to the life of the structure they are bonding to by eliminating the absorption of water into the surface they are applied to. SEMCO has the only product on the market which effectively prevents water damage. This problem has plagued the construction industry for years and costs the U.S. billions of dollars annually. One application where this is critical is with bridge construction and repair. Until now, water damage has corroded the metal rebar supports which have been used in bridge construction in the past. The combination of Plasticon's rebar supports, which are impervious to water because they are made from recycled plastic, and SEMCO's surfacing products, which completely waterproof the structure they are bonding to, is unprecedented in our sector," Mr. Turek said. "These two products, offered together, give Plasticon an enormous competitive advantage. We will be the only company in our sector that can offer a truly comprehensive waterproofing solution to the construction industry."

SEMCO Manufacturing, based in Las Vegas, Nevada since 1981, has provided their surfacing products to many of the city's most impressive showcase projects, including a number of 5 star luxury resorts. Their eclectic customer base also includes high profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily trafficked outdoor walkways, in extreme outdoor weather conditions, in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, China, Singapore, and Australia.

Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



--------------------------------------------------------------------------------


Contact:

Plasticon International, Inc.:
Jim Turek
President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Contact Investor Relations:
Matt Maguire
Ph: 866 843 2775


SOURCE: Plasticon International, Inc.
 
Posted by state780 on :
 
It's awaiting SEC approval?

But it's completed?

Clowns.
 
Posted by McT on :
 
Maybe someone can explain if this is different then the BS we saw with Pro Mold.

SEMCO is a great synergy with Plasticon, lots of profit potential, blah, blah, blah.

And the acquisition is done except "Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval". Isn't that what was announced in

As others have asked before, why would the SEC care about the purchase of two such small companies? Plasticon sure has not explained why, and no one here has either.

So, what has changed? To me, "done ... except" is not done.
 
Posted by Bearclaw on :
 
Tried to send you a PM to explain but you have me on iggy...hahahahahaha....so...

quote:
Originally posted by state780:
It's awaiting SEC approval?

But it's completed?

Clowns.


 
Posted by state780 on :
 
I actually don't remember doing that, Bear--but it's something PLNI needs to explain.
 
Posted by DQ. on :
 
That's HUGE news. What do you guys want??? Would you like Jim to drive the papers down to your house or what. Seems like no one around here can accept news. Sometimes wonder if you would know news if it hit you in the face.

If the acquisition is complete then I take it for that. Next is the audit.
LOAD YOUR WAGON.
 
Posted by Bearclaw on :
 
DQ...
Next is ProMold then the audit...I'd say one next week for ProMold and the audit the week or so after then SEC approval across the board IMO

Some of these folks just don't get it buddy hahahahaha...Good luck
 
Posted by mbmaid on :
 
quote:
That's HUGE news. What do you guys want??? Would you like Jim to drive the papers down to your house or what. Seems like no one around here can accept news. Sometimes wonder if you would know news if it hit you in the face.

I agree. This is great. SEC approval is need so that SEMCO can be included on the audit, which is why the audit is delayed. Simple as that. It's another great step in the right direction.
 
Posted by state780 on :
 
That's the problem--it isn't complete. It will be complete when the SEC approves it--why that needs approval, we have no idea. This is the same baloney they used on the Promold announcement.

I'm married, pending a woman actually marrying me.

The Steelers are Super Bowl champions, pending their winning the next two games.

I'm here all week.
 
Posted by DQ. on :
 
acquisition complete to me says the same as Steelers won Super bowl...game is finished.
 
Posted by mbmaid on :
 
No State, you're getting married, you and your girl have AGREED to get married, but you must get her father's approval first. If he likes you, what's he gonna say?

Nice try on the analogy :-)
 
Posted by Bearclaw on :
 
State...
You really need to get a clue if you want to make money over the next several weeks...
I'm done trying to help you...You just want to pessss on your own foot...
 
Posted by state780 on :
 
I'd call today but have to leave very soon for most of the day. I'll check back here to see if anyone asked about the pending business (if not, I'll probably call tomorrow myself). I see that Matt Maguire is listed as the contact for today's PR, btw.
 
Posted by state780 on :
 
quote:
Originally posted by Bearclaw:
State...
You really need to get a clue if you want to make money over the next several weeks...
I'm done trying to help you...You just want to pessss on your own foot...

You mean we're through?

Well, we'll always have Paris.
 
Posted by mr money on :
 
Plni is moving quite nicely this morning...
 
Posted by state780 on :
 
yep, I'm defintely enjoying it.
 
Posted by ed19363 on :
 
I will try to explain in simple terms.
Any time the government is involved (as in SEC), everything slows down. Everything has to be approved by someone, the little signatures of the important people need to be attached, so if someone wants to sue later, everything can be legally explained.
As a business owner, I understand this. Evidently there are some here who dont.
I will grant that things are moving slower than we would like: However, things ARE moving. Pro-mold and Semco acquisitions have been completed, except for those little signatures from the government that are required. There is nothing that I know of that will make the SEC move faster than their normal snail-pace.
Knocking the stock and the company accomplishes NOTHING!!! When the required signatures are obtained, PLNI will move forward. By this time next year, I look forward to several very profitable financial statements, and I would give the company kudos for getting things done in spite of the government.
Now, all of this is only my opinion, so you can spit on me if you like, but I wish you would all sit back, relax, and enjoy the ride. This is one of the very few penny stocks that has a chance of making the big time.
Give them some leeway, and I'm positive you will all like the outcome.
Remember the tortoise and the hare: Slow and steady wins the race.
BTW, I am not a company pimp, just a plain old investor like the rest of you.
 
Posted by runningscared on :
 
Ed, IMHO you are 100% right. It is so tempting to sell at this point, but I have to keep reminding myself this is NOT my game plan when it comes to PLNI.

This company, I think most will agree, does have the possibilities to make it to the big time.
Good luck all.
 
Posted by Murnak on :
 
Plenty of room to run!

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
 
Posted by Murnak on :
 
PLNI run, IBD this weekend should keep this going!

The Green Baron Report has learned that Investor’s Business Daily will be printing this press release in the Corporate News section of its Friday and Weekend editions. A massive investing audience will soon be alerted to this major press release and the potential of Plasticon. We wanted members of The Green Baron Report to be of the first to read this news. It is information like this that separates The Green Baron Report from the rest.

Management and consultants working with Plasticon have stated to us that the potential revenues and earnings from SEMCO related products are virtually limitless. We agree that the opportunities here are staggering, and fantastic synergies are present with Plasticon’s current rebar support product line. There is a tremendous amount of positive details in this press release so read carefully and trade smart.
 
Posted by TRM on :
 
i own some shares, i like the company, but i don't trust them not to do a r/s, i would like to see a nice big run up first, lol
 
Posted by DQ. on :
 
As they stated in earlier PR's, there will be NO R/S.

By the way gang,,, where is Cold up Here??
Did he give up and move on??
 
Posted by Chopper on :
 
StockstoFollow.com: Begins Research on Plasticon International, Inc. (OTCPK: PLNI) for Thursday January 19, 2006

Jan 19, 2006 (M2 PRESSWIRE via COMTEX) -- Sign-up for our FREE Stock Alerts at www StockstoFollow com !

StockstoFollow.com, a leading online financial portal, strives to find dynamic issues that are unknown or undervalued but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. StockstoFollow.com has identified the following company based on these issues Plasticon International, Inc. (OTCPK: PLNI) was up 15% with 84,231,342 shares trading hands this morning.

Charts: www thebiohunter com/site/symbol php?symbol=plni pk

Plasticon International, Inc. (OTCPK: PLNI) announced today that the company has completed the acquisition of SEMCO Manufacturing, Inc. and is up 15% on heavy volume of 84,231,342. Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies which are all produced from recycled and recyclable plastics.
 
Posted by Bearclaw on :
 
otcstockexchange.com: Mid-Day Stock Alert -- OTCStockExchange.com DPFD, PLNI, PYDS, SIRC
1/19/2006 1:01:34 PM
Rochester, NY, Jan 19, 2006 (M2 PRESSWIRE via COMTEX) -- OTCStockExchange.com's "Mid-Day Stock Watch Alert" this afternoon are Deep Field Technologies, Inc. ( DPFD ), Plasticon International, Inc. (Pink Sheets: PLNI), Payment Data Systems, Inc. ( PYDS ), SiriCOMM, Inc. ( SIRC

Plasticon International, Inc. (Pink Sheets: PLNI - http://finance.yahoo.com/q?s=PLNI.PK )

Plasticon International, Inc. announced today that the company has completed the acquisition of SEMCO Manufacturing, Inc.

"The acquisition of SEMCO Manufacturing is an absolutely critical part of our growth strategy," said Jim Turek, President and CEO of Plasticon International, Inc. "We are very excited about the completion of the acquisition, and we are confident that SEMCO will become the greatest profit center for Plasticon International in the years ahead. SEMCO is currently profitable and enjoys a stellar reputation as a technology leader in the surfacing industry. This is an established company with an outstanding record as a pioneer in surfacing and the company has proven itself again and again with many successful high-profile projects. SEMCO's products are the most innovative and versatile in the surfacing industry today, and the market potential is staggering. To give you one example, the world flooring market is a $95 billion industry (Source: The Freedonia Group, a leading international business research company). If we can capture merely 1% of this opportunity, that translates into $950 million in sales."

Mr. Turek continued, "And of course, flooring is just one piece of the massive surfacing industry that SEMCO serves, which is why we believe that SEMCO will be such a huge profit center for Plasticon. SEMCO's best-of-breed products, which cross link chemically to virtually any material they are being bonded to, reinforces the density of almost any surface, including concrete, tile, wood, foam, metal, asphalt, rubber, tile of all types, and can even seal off toxic gases from asbestos, thereby eliminating the need to remove asbestos. Their product applications are virtually endless and extend far beyond flooring to wall surfaces, heavily trafficked outdoor walkways, parks and public works projects, kitchen and bathroom surfaces, and roadway projects (such as bridge decks and the beautification of highway dividers). There are tremendous opportunities for growth, particularly in transportation. The Senate recently passed a $285 billion transportation bill. As the only company in our sector that is DOT (Department of Transportation) approved in all 50 states, Plasticon is in a unique position to offer both our recycled plastic product lines and SEMCO's innovative products for potential DOT projects in the future. We believe that the fact that SEMCO's products are environmentally responsible and require no waste disposal, will make SEMCO's products a very attractive choice for the Department of Transportation in the future. As a green company, SEMCO Manufacturing not only meets national requirements -- they exceed requirements."

Mr. Turek also noted that the product synergies with Plasticon's existing recycled plastic rebar support product line and SEMCO's surfacing products will allow Plasticon to immediately begin offering SEMCO's products to existing customers. "SEMCO's surfacing products add years to the life of the structure they are bonding to by eliminating the absorption of water into the surface they are applied to. SEMCO has the only product on the market which effectively prevents water damage. This problem has plagued the construction industry for years and costs the U.S. billions of dollars annually. One application where this is critical is with bridge construction and repair. Until now, water damage has corroded the metal rebar supports which have been used in bridge construction in the past. The combination of Plasticon's rebar supports, which are impervious to water because they are made from recycled plastic, and SEMCO's surfacing products, which completely waterproof the structure they are bonding to, is unprecedented in our sector," Mr. Turek said. "These two products, offered together, give Plasticon an enormous competitive advantage. We will be the only company in our sector that can offer a truly comprehensive waterproofing solution to the construction industry."

SEMCO Manufacturing, based in Las Vegas, Nevada since 1981, has provided their surfacing products to many of the city's most impressive showcase projects, including a number of 5 star luxury resorts. Their eclectic customer base also includes high profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily trafficked outdoor walkways, in extreme outdoor weather conditions, in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, China, Singapore, and Australia.

Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval.
 
Posted by YellowSubmarine on :
 
Poor ol' Red Foreman dumbarse "..blockheaded bellicose bashers.."!!!

PLNI 0.0074 +0.0014 (+23.33%) 0 0 127,842,200

It must be a stone (w)itch not to have 'Bazillions of shares' averaged under $0.005..!!! Too bad - so sad, ..they've been had.

John :-)

.
 
Posted by YellowSubmarine on :
 
"...Hot ziggity-diggity.................

I'll bet'cha those STATS light up a lot of peoples scanners tonight..........

PLNI is now #5 on the mafia stocks Top 100:
1 DNTK
2 HLVC
3 NSLT
4 PGDP
5 PLNI

:-)

.
 
Posted by Murnak on :
 
last trade .0075.....4:02 SWEET!

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=plni&sid=0&o_symb=plni
 
Posted by mbmaid on :
 
Gonna be a good Friday. PLNI is on a ton of radars. Early money is out. Look for a gap in the morning. .01?
 
Posted by corndo on :
 
This was the first stock I purchased on the recommendation of this board (plus limited DD) last May. I think that it's time to smile again. Thanks to you all. Good luck.
 
Posted by moevan on :
 
just curious.......any speculation and / or predictions of what plni is capable of within say..........5 years.......value wise? will it still be worth cents? a buck or two....or higher?...providing that the company is successfull and profitable.
 
Posted by runningscared on :
 
Back on January 4th it spiked at around 0083.. then slowly went back down. As I understand it pennystocks do this. But, as I'm sure you've seen, many here.. myself included.. believe PLNI has a tremendous amount of potential. How far will it go? I can't even speculate. Other, however, will probably give it an educated guess.
 
Posted by GVMOORE on :
 
3-6 month .10 6-12 months .25 12-24 months .50 24-48 months $$$$$$$$$$ Just my 2 cents. Slow move up. No flag poles please. GLTA.
 
Posted by ed19363 on :
 
IMO, when the audit is finally released, there will probably be a short term pop. This is a stock that has been played for short term pops. But, next year when the financial statements start to come out showing the profits, I see a slow steady growth. If they're smart, they'll get off the pennies to a higher exchange, and then the sky is the limit. We could be trading in double digits within 5 years.
 
Posted by Chopper on :
 
Plasticon's SEMCO Acquisition Announcement to Appear in Investor's Business Daily (IBD)
LEXINGTON, KY -- (MARKET WIRE) -- 01/20/2006 -- Plasticon International Inc. (OTC: PLNI) announced today that the company's recent acquisition of SEMCO Manufacturing will be a feature in the Corporate News section of Investor's Business Daily (IBD) in both the Friday, January 20th edition and the Monday, January 23rd edition.

Investor's Business Daily, which was launched in 1984, is known as one of the most innovative sources of insight and information for the investor community. IBD serves over 800,000 investors worldwide through a variety of proprietary products and services, relevant news from the investor's perspective, as well as research, investment education, efficient stock ratings and screens unavailable anywhere else. (Source: Investors Business Daily - Investors.com). IBD, which is considered a research tool in the financial industry, provides critical information to investors that was previously only available to institutional investors (pension and mutual funds, banks, insurance companies and government organizations).

"We are proud to be appearing again in Investor's Business Daily," said Jim Turek, President and CEO of Plasticon International, Inc. "IBD is an invaluable tool for today's investor with its proprietary methodology, in-depth research and renowned lists, charts and tables, which are second to none in the industry. We certainly hope that IBD's readers who follow emerging companies will follow Plasticon's progress and recognize the enormous opportunity that Plasticon has in the recycled plastics and surfacing industries. The acquisition of SEMCO is a huge milestone for Plasticon and effectively positions the company for growth in the $100 Billion+ surfacing industry."

In addition to appearing in the newspaper, the Corporate News section can also be seen on the Investor's Business Daily web site at http://www.investors.com/corporatenews/ for the next two weeks starting Friday, January 20th, 2006.

Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, 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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



--------------------------------------------------------------------------------


Contacts:
Plasticon International, Inc.:
Jim Turek
President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Contact Investor Relations:
Rodney Marvel
Ph: 866 843 2775


SOURCE: Plasticon International Inc.
 
Posted by mbmaid on :
 
Has anyone seen this article?
 
Posted by mbmaid on :
 
http://www.investors.com/corporatenews/nw16.asp

Just found it...it's an ad!
 
Posted by state780 on :
 
thanks for the link, mbmaid.
 
Posted by Chopper on :
 
Visit the Website of Plasticon International, Inc.
PLASTICON COMPLETES SEMCO ACQUISITION
Cutting Edge Surfacing Company will position Plasticon for growth in $100 Billion + Surfacing Industry

LEXINGTON, Ky., -- Plasticon International Inc. (Other OTC - PLNI.PK - News) announced today that the company has completed the acquisition of SEMCO Manufacturing, Inc.

“The acquisition of SEMCO Manufacturing is an absolutely critical part of our growth strategy,” said Jim Turek, President and CEO of Plasticon International, Inc. “We are very excited about the completion of the acquisition, and we are confident that SEMCO will become the greatest profit center for Plasticon International in the years ahead. SEMCO is currently profitable and enjoys a stellar reputation as a technology leader in the surfacing industry. This is an established company with an outstanding record as a pioneer in surfacing and the company has proven itself again and again with many successful high profile projects. SEMCO’s products are the most innovative and versatile in the surfacing industry today, and the market potential is staggering. To give you one example, the world flooring market is a $95 billion industry (Source: The Freedonia Group, a leading international business research company). If we can capture merely 1% of this opportunity, that translates into $950 million in sales.”

Mr. Turek continued, “And of course, flooring is just one piece of the massive surfacing industry that SEMCO serves, which is why we believe that SEMCO will be such a huge profit center for Plasticon. SEMCO’s best-of-breed products, which cross link chemically to virtually any material they are being bonded to, reinforces the density of almost any surface, including concrete, tile, wood, foam, metal, asphalt, rubber, tile of all types, and can even seal off toxic gases from asbestos, thereby eliminating the need to remove asbestos. Their product applications are virtually endless and extend far beyond flooring to wall surfaces, heavily-trafficked outdoor walkways, parks and public works projects, kitchen and bathroom surfaces, and roadway projects (such as bridge decks and the beautification of highway dividers). There are tremendous opportunities for growth, particularly in transportation. The Senate recently passed a $285 billion transportation bill. As the only company in our sector that is DOT (Department of Transportation) approved in all 50 states, Plasticon is in a unique position to offer both our recycled plastic product lines and SEMCO’s innovative products for potential DOT projects in the future. We believe that the fact that SEMCO’s products are environmentally responsible and require no waste disposal, will make SEMCO’s products a very attractive choice for the Department of Transportation in the future. As a green company, SEMCO Manufacturing not only meets national requirements - they exceed requirements.”

Mr. Turek also noted that the product synergies with Plasticon’s existing recycled plastic rebar support product line and SEMCO’s surfacing products will allow Plasticon to immediately begin offering SEMCO’s products to existing customers. “SEMCO’s surfacing products add years to the life of the structure they are bonding to by eliminating the absorption of water into the surface they are applied to. SEMCO has the only product on the market which effectively prevents water damage. This problem has plagued the construction industry for years and costs the U.S. billions of dollars annually. One application where this is critical is with bridge construction and repair. Until now, water damage has corroded the metal rebar supports which have been used in bridge construction in the past. The combination of Plasticon’s rebar supports, which are impervious to water because they are made from recycled plastic, and SEMCO’s surfacing products, which completely waterproof the structure they are bonding to, is unprecedented in our sector,” Mr. Turek said. “These two products, offered together, give Plasticon an enormous competitive advantage. We will be the only company in our sector that can offer a truly comprehensive waterproofing solution to the construction industry.”

SEMCO Manufacturing, based in Las Vegas, Nevada since 1981, has provided their surfacing products to many of the city’s most impressive showcase projects, including a number of 5 star luxury resorts. Their eclectic customer base also includes high profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO’s product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily-trafficked outdoor walkways, in extreme outdoor weather conditions, in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, China, Singapore, and Australia.

Plasticon’s acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com ) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Contact Investor Relations:
Matt Maguire
Ph: 866 843 2775
 
Posted by hopefultrader on :
 
mbmaid - How did you get the link? Did you find it going through Investor's pages or a link from PLNI? I was just trying to get an idea of what kind of traffic (people viewing ad) we will see. I tried finding the ad as a regular veiwer would and didn't come across it yet. Thank you!
 
Posted by state780 on :
 
uh, chop, if that's a repeat, would you please not do that? Getting hard to keep track of what's new.
 
Posted by mbmaid on :
 
Hopeful, my broker buddy sent it to me.
 
Posted by StockHunter on :
 
quote:
Originally posted by mbmaid:
http://www.investors.com/corporatenews/nw16.asp

Just found it...it's an ad!

Its an ad. Par for the course.

This company is doing what they always do – market their stock.

Their website markets their stock. Their PRs market their stock. They hire touts like – Green Baron, StockstoFollow.com, Big Apple Consulting, Various Radio Shows, etc... – to maket their stock. The go to Microcap conferences to market their stock. They chat with friendly investors to market their stock. And they pay for ads in Investors Business Daily to mareket their stock. Then, of course, they issue a PR touting their Ad in IBD as if IBD were granting credibility on the content they paid them to print. Every tout they hire comes with a price – dilution. The more they market their stock, the more shares they issue to market those shares. We are not only competing with an ever increasing number of these shares on each rally, but on the shares they sell off of that marketing.

Why do companies market their stock mostly with venues targeted toward penny investors? To sell stock to finance their operations. Every day VFIN sells tens of millions of shares. Where are these shares coming from? Where are the proceeds going? Not hard to figure that out. The one thing we do know is that PLNI is not on the Reg Sho list or Buyins <dot> net list of stocks with a naked short interest. These are long shares. A careful analysis of the trading shows that they work hand in hand with the PRs and they try to support the stock price by faded their offer or supporting the bid when buying interest dries up. Consistent with a long seller. They sold around one billion shares in the past couple months. A logical analysis points to these shares having originated from Plasticon. The stated float of 690 million is likely more than twice that now.

When looking at where this stock should be valued, one has to consider the massive dilution of shares that has occurred and likely is accellerating over the past months. The company’s statements that they plan a buyback of shares and claim to have retired 200 million shares(aug 24, 2005 PR, Dec 30, 2005 PR) is disingenuous given the fact they have increased the o/s, a/s and float dramatically during this time. Companies that can afford to buy back shares don’t issue shares to touts in an organized campaign to sell 100s of millions more of shares to investors in the open market.

Does this mean the stock can’t go up? Of course not. It does however raise the bar of difficulty for each subsequent rally given the increased number of shares owned at lower average cost.

When will we be rid of VFIN so the stock can trade more freely on the upside? That’s a guessing game since the company has given no guidance on their financing needs or structure. As long as they remain on the pinks they can operate without transparency. They resist every attempt to give out up to date share numbers and reveal the magnitude of the share dilution. To do so would likely inhibit their ability to issue and/or sell more shares. The audit and the OTCBB move would end their ability to keep these numbers secret. IMO, they are unlikely to attempt a move to the OTCBB until they are done selling shares.

The Semco PR repeats what they have been saying for months, that the acquisition is awaiting approval by the SEC. They spin it to sound like it’s a done deal and to get some marketing muscle out of it, but its nothing new. What is disturbing is the lack of an SEC filing. (If someone finds a filing, please share that with the board.) They cannot get approval until they file, and that process takes time. The Semco acquisition is a ways off, IMO.

We’re likely to see considerable retail buying over the next couple weeks as they ramp up this latest marketing effort. The stock will rise as much as they allow based on the number of shares VFIN sells into it, IMO. The more shares VFIN sells and the higher they sell those shares, the sooner we get off the pinks. Our fortunes are tied. The longer this takes, the smaller our stakes become and the less our investment is worth. As always all IMHO. GLTA.
 
Posted by Chopper on :
 
Mid day alert.... From M2 Presswire

Begins Research on Plasticon International, Inc. (OTCPK: PLNI) for Friday January 20, 2006


Published in M2 PressWIRE on Friday, 20 January 2006 at 17:16 GMT
Copyright (C) 2006, M2 Communications Ltd.

Sign-up for our FREE Stock Alerts at hxxx://wxx.StockstoFollow.cxx !

StockstoFollow.com, a leading online financial portal, strives to find dynamic issues that are unknown or undervalued but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. StockstoFollow.com has identified the following company based on these issues Plasticon International, Inc. (OTCPK: PLNI)

Charts: hxxx://wxx.smallcapusa.com/site/symbol.php?symbol=PLNI.PK

Plasticon International, Inc. (OTCPK: PLNI) announced today that the company has completed the acquisition of SEMCO Manufacturing, Inc. and is up again today over 4% on heavy volume of 23,627,595. Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies which are all produced from recycled and recyclable plastics.

To chat with other investors on this company visit hxxx://wxx.small capcommunity.cxx "SmallCap Community is a rapidly growing community of investors looking to network, meet new people, exchange ideas, and make smarter investments!"
 
Posted by YellowSubmarine on :
 
Plasticon's SEMCO Acquisition Announcement to Appear in Investor's Business Daily (IBD)
1/20/2006 8:30:02 AM


LEXINGTON, KY, Jan 20, 2006 (MARKET WIRE via COMTEX) -- Plasticon International Inc. (PLNI) announced today that the company's recent acquisition of SEMCO Manufacturing will be a feature in the Corporate News section of Investor's Business Daily (IBD) in both the Friday, January 20th edition and the Monday, January 23rd edition.

nvestor's Business Daily, which was launched in 1984, is known as one of the most innovative sources of insight and information for the investor community. IBD serves over 800,000 investors worldwide through a variety of proprietary products and services, relevant news from the investor's perspective, as well as research, investment education, efficient stock ratings and screens unavailable anywhere else. (Source: Investors Business Daily - Investors.com). IBD, which is considered a research tool in the financial industry, provides critical information to investors that was previously only available to institutional investors (pension and mutual funds, banks, insurance companies and government organizations).

"We are proud to be appearing again in Investor's Business Daily," said Jim Turek, President and CEO of Plasticon International, Inc. "IBD is an invaluable tool for today's investor with its proprietary methodology, in-depth research and renowned lists, charts and tables, which are second to none in the industry. We certainly hope that IBD's readers who follow emerging companies will follow Plasticon's progress and recognize the enormous opportunity that Plasticon has in the recycled plastics and surfacing industries. The acquisition of SEMCO is a huge milestone for Plasticon and effectively positions the company for growth in the $100 Billion+ surfacing industry."

In addition to appearing in the newspaper, the Corporate News section can also be seen on the Investor's Business Daily web site at http://www.investors.com/corporatenews/ for the next two weeks starting Friday, January 20th, 2006.

Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, 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.

Contacts:
Plasticon International, Inc.:
Jim Turek
President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com
Contact Investor Relations:
Rodney Marvel
Ph: 866 843 2775
SOURCE: Plasticon International Inc.
http://www.plasticonintl.com

.
 
Posted by YellowSubmarine on :
 
"....(W)itch, ..(w)itch, ..(w)itch, ..(w)itch................

PLNI 0.0075 +0.0001 (+1.35%) 0 0 59,907,889

What are the bashing tushports going to say when PLNI is $0.05+/share - then moves to the AMEX...?!?

"..Boo hoo.." comes to mind...........

.
 
Posted by state780 on :
 
Thanks for the observations, stock, as always.

Yellow, please refrain from reposting old PRs--we had that this morning. Signal-to-noise is reasonably good here, let's keep it that way.

Have a good weekend, all.
 
Posted by Bearclaw on :
 
You and stock are sure a team...


quote:
Originally posted by state780:
Thanks for the observations, stock, as always.

Yellow, please refrain from reposting old PRs--we had that this morning. Signal-to-noise is reasonably good here, let's keep it that way.

Have a good weekend, all.


 
Posted by Murnak on :
 
I wonder what value two weeks on IBD website is????

"In addition to appearing in the newspaper, the Corporate News section can also be seen on the Investor's Business Daily web site at http://www.investors.com/corporatenews/ for the next two weeks starting Friday, January 20th, 2006."
 
Posted by Bearclaw on :
 
Murnak...
Exposure...create new investment...spread the word...who knows...all good IMO


quote:
Originally posted by Murnak:
I wonder what value two weeks on IBD website is????

"In addition to appearing in the newspaper, the Corporate News section can also be seen on the Investor's Business Daily web site at http://www.investors.com/corporatenews/ for the next two weeks starting Friday, January 20th, 2006."


 
Posted by StockHunter on :
 
quote:
Originally posted by Murnak:
I wonder what value two weeks on IBD website is????

They did an IBD ad once before starting on August 24, 2005 and available on their website for 30 days. This also coincided with a PR stating they retired 200 million shares as the start of a share reduction program. Soon after a MM, WDCO, began selling the majority of shares each day capping every rally attempt. (Once below .01 pps WDCO was replaced by VFIN as the big omnipresent seller.)

The chart shows the affect back then. The spike to .019 was the day the IBD ad began running.

PLNI 6 Month Chart -- Bigcharts

Late summer is a very slow period especially for small stocks. The current Ad should have a more receptive audience, IMO, as more money comes into the market, and small caps in particular, at this time of year. If the VFIN seller holds off and lets the stock trade above .009 it will generate a technical buy with a higher high for the first time in over 6 months. That would likely attract more buying from the technical traders. While the last IBD ad ran, the company issued 6 subsequent PRs, so it would not be surprising to see a similar pattern here.

The past history is no guarantee of the future, but its often provides good clues.
 
Posted by state780 on :
 
From one of the SI boards by one "football crazy" who said he was still confused about why the Semco deal is awaiting SEC approval:

quote:
As of Friday, Rodney Marvel of Big Apple told me that he had no clue what this meant, but that he had an E-Mail that was sent to Bob Howe requesting clarification for us. Rodney told me the same thing a month or so ago with the Pro-Mold PR though, so I don't know what to say. It would be nice to have some solid info explaining this to us all, instead of having to guess and speculate.

 
Posted by Chopper on :
 
SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters
LEXINGTON, KY -- (MARKET WIRE) -- 01/23/2006 -- Plasticon International Inc. (OTC: PLNI) announced today that SEMCO Manufacturing, Inc. was chosen as a surfacing vendor by the contractor for Apple Computer Japan Headquarters showcase demo and reception area in Tokyo. Apple Computer Japan is located in a 51-story building in the Shinjuku sector of Tokyo. Plasticon International, Inc. recently completed the acquisition of SEMCO.

According to SEMCO Manufacturing, the company was chosen for the project because its environmentally responsible, dielectric, waterproof surface cement system offers unlimited creative freedom with design, texture and color and their surfacing solutions exceed Japanese industry environmental standards for indoor air quality. "Our innovative surfacing solutions require no waste disposal, and are distinguished in the surfacing industry by their versatility, durability and beauty," said Samel Sem, President and founder of SEMCO Manufacturing. "Most importantly, our unique surfacing solutions have a competitive advantage over other surfacing products in that they cross link chemically to virtually any material they are being bonded to, and reinforce the density of almost any surface, including concrete, wood, foam, metal, asphalt, rubber and tile of all types. We take pride in the fact that our products met Apple Computer Japan's stringent design requirements from both a creative and environmental standpoint. Apple Computer is known as one of the most image-savvy companies worldwide, and it speaks volumes that our products were selected by the contractor and approved in the selection of materials for the project."

According to Jim Turek, President and CEO of Plasticon International, Inc., "We are thrilled that SEMCO was chosen by the contractor as a surfacing vendor for the Apple Computer Japan showcase demo project. SEMCO fits perfectly into the Plasticon family of companies. Both Plasticon and SEMCO are green companies that have consistently used environmentally responsible manufacturing practices before it was fashionable. Both Plasticon and SEMCO are pioneers in their fields and offer unique benefits to the construction industry. We believe this is just the beginning of SEMCO's growth in the $100 billion+ surfacing marketplace. As an established leader in surfacing, we believe that SEMCO's products will continue to be chosen for high-profile projects worldwide, because they offer the most environmentally friendly, creative, versatile solutions in the surfacing industry today. The fact that SEMCO's advanced product lines cross link chemically with virtually any surface they are applied to distinguishes them from any other surfacing company in the marketplace. As we work with SEMCO to expand their marketing efforts, we believe that SEMCO will become the largest profit center for Plasticon International, Inc. in the years ahead."

SEMCO Manufacturing, based in Las Vegas, Nevada, since 1981, has provided their surfacing products to many of the city's most impressive showcase projects, including a number of 5-star luxury resorts. Their eclectic customer base also includes high-profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily trafficked outdoor walkways, in extreme outdoor weather, freeze/thaw conditions, and in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong, Singapore and Australia.

Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

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
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



--------------------------------------------------------------------------------


Contact Investor Relations:
Rodney Marvel
Ph: 866 843 2775


SOURCE: Plasticon International Inc.
 
Posted by Bearclaw on :
 
Thanks Chopper...Good stuff Buddy...Only the beginning of many money making contracts....
 
Posted by state780 on :
 
If VFIN caps the move today, I am really going to be....miffed.
 
Posted by mbmaid on :
 
Starting the day off that way. Grrr.
 
Posted by MoneyMoneyMoney on :
 
Bid X .0078 Ask X .0079

Nice day today I think.

Gl to all
 
Posted by StockHunter on :
 
The PRs are good for a chuckle if nothing else. No mention of how big the contract is, but they say the office is in a 51 story building, LOL. I guess they hope someone will think they're going to coat all 51 floors and not just the apple office in the building.

Anything to produce a PR.

(Now stay away VFIN, we need to break the last high)
 
Posted by Bearclaw on :
 
Stock...
Think Prozak
 
Posted by mbmaid on :
 
We've got a runner! .01 coming
 
Posted by StockHunter on :
 
.0088 pps. For the first time in over 6 months the stock is now technically in an uptrend. How far will they let it go?
 
Posted by Murnak on :
 
The news will only get better!

away we go!

http://stockcharts.com/def/servlet/SC.web?c=plni,uu[h,a]daclyyay[dd][pb5!b18][vc60][iUb9!La12,26,9]&pref=G
 
Posted by state780 on :
 
A good day.
 
Posted by Madge on :
 
WOW! 0.01 and just to think I almost bailed last week.
 
Posted by JoeTrader on :
 
Anybody hear anything about the buyback happening. I thought they announced this awhile back.
 
Posted by Madge on :
 
Oh well, here and gone. Any up day is good. I am curious though, how much is the job worth. If it's a measly 100K then we will be doomed again.
 
Posted by George on :
 
quote:
Originally posted by StockHunter:
The PRs are good for a chuckle if nothing else. No mention of how big the contract is, but they say the office is in a 51 story building, LOL. I guess they hope someone will think they're going to coat all 51 floors and not just the apple office in the building.

Anything to produce a PR.

(Now stay away VFIN, we need to break the last high)

It says it is the reception and demo area. Why do you have to try and bash everything? They are not pulling the wool here it is all facts..you pissed because you missed out on 20%???
 
Posted by StockHunter on :
 
quote:
Originally posted by JoeTrader:
Anybody hear anything about the buyback happening. I thought they announced this awhile back.

They have been hinting at a buyback for over 6 months now, but in reality have been increasing the outstanding shares. Safe Harbor allows them to make "forward looking" statements like this, but don't count on it happening anytime soon. There is a omnipresent seller dumping 100s of millions of shares on the market (VFIN) that in all likelyhood originate from the plasticon treasury, whether directly or through a third party transaction. Rather than focus on the possibility of a buyback, the more important question should be 'how many shares do they have outstanding and in the float today?' The company won't give up that info. Be careful trusting what the company puts out in forward looking statements. They have not been coming through with much. BTW, they stated there would be more info "regarding" the possible buyback, by the end of January. That should not be confused with saying their would be a buyback before the end of january.
 
Posted by ed19363 on :
 
Looks like they're going to sell the stock into oblivion. Too many shares out there and they're still selling em....
 
Posted by DQ. on :
 
nice to see .01 again. Hope we can get back to the .015 to .019 area soon. fingers crossed.
 
Posted by Murnak on :
 
The news will only get better!

away we go!

http://stockcharts.com/def/servlet/SC.web?c=plni,uu[h,a]daclyyay[dd][pb5!b18][vc60][iUb9!La12,26,9]&pref=G
 
Posted by StockHunter on :
 
quote:
Originally posted by DQ.:
nice to see .01 again. Hope we can get back to the .015 to .019 area soon. fingers crossed.

FYI, the .01 print was an error. High for day was .0093(so far?)
 
Posted by Madge on :
 
Heading back up again...lets go pennyland!
 
Posted by mbmaid on :
 
Hey, we're at Cold's .009!
 
Posted by Chopper on :
 
From the Green Baron

Monday, January 23, 2006

Plasticon Intl. (PK: PLNI) - More PLNI News Just Released Pre Market!

SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters

Plasticon just announced last Thursday, January 19 that its acquisition of SEMCO Manufacturing has been completed and is only waiting SEC approval. This morning, shareholders of Plasticon were already treated with a SEMCO contract that demonstrates the caliber of client that SEMCO is capable of landing. SEMCO was a private company, and now that the acquisition has been completed, the world will begin to see its deal flow in the public eye through Plasticon’s press releases.

PLNI stock rallied to close the week at .0075 per share on active volume following news that SEMCO had been acquired. The Green Baron Report is thrilled to see that this deal has been consummated, and contracts are starting to flow. Plasticon is beginning to fulfill its promises from last year one by one, and we see investors are gaining confidence once again. Each press release ought to eliminate prior concerns, and PLNI stock may finally have the chance to break out to levels we originally had forecast.
 
Posted by Murnak on :
 
chart is looking good!

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
 
Posted by YellowSubmarine on :
 
"...Goodbye to the 'Super-Cheapie-Shares'.................

Green Baron Monday, January 23, 2006

Plasticon Intl. (PK: PLNI) - More PLNI News Just Released Pre Market!


SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters


Plasticon just announced last Thursday, January 19 that its acquisition of SEMCO Manufacturing has been completed and is only waiting SEC approval. This morning, shareholders of Plasticon were already treated with a SEMCO contract that demonstrates the caliber of client that SEMCO is capable of landing. SEMCO was a private company, and now that the acquisition has been completed, the world will begin to see its deal flow in the public eye through Plasticon’s press releases.

PLNI stock rallied to close the week at .0075 per share on active volume following news that SEMCO had been acquired. The Green Baron Report is thrilled to see that this deal has been consummated, and contracts are starting to flow. Plasticon is beginning to fulfill its promises from last year one by one, and we see investors are gaining confidence once again. Each press release ought to eliminate prior concerns, and PLNI stock may finally have the chance to break out to levels we originally had forecast.

LEXINGTON, Ky., January 23, 2006 -- Plasticon International Inc. (Other OTC - PLNI.PK) announced today that SEMCO Manufacturing, Inc. was chosen as a surfacing vendor by the contractor for Apple Computer Japan Headquarters showcase demo and reception area in Tokyo. Apple Computer Japan is located in a 51 story building in the Shinjuku sector of Tokyo. Plasticon International, Inc. recently completed the acquisition of SEMCO.

According to SEMCO Manufacturing, the company was chosen for the project because its environmentally responsible, dielectric, waterproof surface cement system offers unlimited creative freedom with design, texture and color and their surfacing solutions exceed Japanese industry environmental standards for indoor air quality. “Our innovative surfacing solutions require no waste disposal, and are distinguished in the surfacing industry by their versatility, durability and beauty,” said Samel Sem, President and founder of SEMCO Manufacturing. “Most importantly, our unique surfacing solutions have a competitive advantage over other surfacing products in that they cross link chemically to virtually any material they are being bonded to, and reinforce the density of almost any surface, including concrete, wood, foam, metal, asphalt, rubber and tile of all types. We take pride in the fact that our products met Apple Computer Japan’s stringent design requirements from both a creative and environmental standpoint. Apple Computer is known as one of the most image savvy companies worldwide and it speaks volumes that our products were selected by the contractor and approved in the selection of materials for the project.”

According to Jim Turek, President and CEO of Plasticon International, Inc., “We are thrilled that SEMCO was chosen by the contractor as a surfacing vendor for the Apple Computer Japan showcase demo project. SEMCO fits perfectly into the Plasticon family of companies. Both Plasticon and SEMCO are green companies that have consistently used environmentally responsible manufacturing practices before it was fashionable. Both Plasticon and SEMCO are pioneers in their fields and offer unique benefits to the construction industry. We believe this is just the beginning of SEMCO’s growth in the $100 billion + surfacing marketplace. As an established leader in surfacing, we believe that SEMCO’s products will continue to be chosen for high-profile projects worldwide, because they offer the most environmentally-friendly, creative, versatile solutions in the surfacing industry today. The fact that SEMCO’s advanced product lines cross link chemically with virtually any surface they are applied to distinguishes them from any other surfacing company in the marketplace. As we work with SEMCO to expand their marketing efforts, we believe that SEMCO will become the largest profit center for Plasticon International, Inc. in the years ahead.”

SEMCO Manufacturing, based in Las Vegas, Nevada since 1981, has provided their surfacing products to many of the city’s most impressive showcase projects, including a number of 5 star luxury resorts. Their eclectic customer base also includes high profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO’s product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily-trafficked outdoor walkways, in extreme outdoor weather, freeze/thaw conditions, and in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong, Singapore, and Australia.

Plasticon’s acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies 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
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com
Contact Investor Relations:
Rodney Marvel
Ph: 866 843 2775

.
 
Posted by state780 on :
 
Yellow, once again on top of the latest news from.... seven hours ago.
 
Posted by Bearclaw on :
 
State...
Thank you board news moderator...Think Prozak...
 
Posted by state780 on :
 
Actually, that's my bad--that's a Green Baron note he added. I'm not a big fan of GB but that's besides the point--it's new info. Apologies.
 
Posted by Madge on :
 
I must agree, it's hard enough sifting through the pump and bash stuff.
 
Posted by Bearclaw on :
 
Pump or bash doesn't matter...we're moving consistantly north with more to come...New first level of resistance level as of 3:00 PM is at .0101. Pivot point at .009...
 
Posted by Madge on :
 
quote:
Originally posted by Bearclaw:
Pump or bash doesn't matter...we're moving consistantly north with more to come...New first level of resistance level as of 3:00 PM is at .0101. Pivot point at .009...

I agree, I don't have any charts available, but from my memory I think this is about the 5th consecutive positive day. Slow and steady wins the race. I would rather close each day at a 10% gain than a jump and slide 50% gain.
 
Posted by Bearclaw on :
 
They were filling shorts under the bid the last 10 mins. Look for a gap up in the morning...
 
Posted by GVMOORE on :
 
Bearclaws all the way up. Rest for the next
leap. Hang on.
 
Posted by Chopper on :
 
Plasticon International Recent Media Coverage
LEXINGTON, KY -- (MARKET WIRE) -- 01/24/2006 -- Plasticon International Inc. (OTC: PLNI) announced today that the company has been receiving increased attention in the media.

Plasticon International has recently appeared in a number of important media outlets, including financial publications such as Investor's Business Daily (www.investors.com/corporatenews/), and financial web sites such as MSN Money (http://news.moneycentral.msn.com/provider/providerarticle.asp?Feed=MW&Date=20060119&ID=5430043 ). Additionally, Plasticon was featured (along with 4 other stocks -- Coil Tubing Technology Incorporated, Microsoft Corp., Yahoo! and Apollo Resources International, Inc.) as a "Hot Stock to Watch" for Jan.23, 2006 (http://www.pinksheets.com/quote/news.jsp?url=fis_story.asp%3Ftextpath%3DCOMTEX%5Cmt%5C2006%5C01%5C23%5C74706135.html%26clientid%3D168%26provider%3DM2 _COMMUNICATIONS&symbol=PLNI ). The company has also been increasing its public appearances at trade shows and industry events to boost awareness within their sector. Plasticon recently attended the World of Concrete trade show in Las Vegas, Nevada, a key event for companies in the construction industry.

Plasticon also announced that the company will be releasing details of their buyback program and news about new SEMCO contracts in the very near future. "In the next several weeks, we will be making some major announcements with details about our buyback program and additional SEMCO surfacing contracts," said Jim Turek, President and CEO of Plasticon International. "This is a very exciting time for Plasticon and we encourage our shareholders to visit our web site frequently for news and updates in the days and weeks ahead."

For more information about Plasticon International, Inc., please visit the Plasticon International, Inc. web site (www.plasticonintl.com), which features an Investor Relations section with real-time stock quotes and Level II data, downloadable PDFs of product brochures and a newsletter for Shareholders.

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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



--------------------------------------------------------------------------------


Plasticon International, Inc.:
Jim Turek, President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Contact Investor Relations:
Rodney Marvel
Ph: 866 843 2775


SOURCE: Plasticon International Inc.
 
Posted by bobcat88 on :
 
Stop the madness! Did they acquire a PR specialist in the Semco acquisition or what? Trigger finger is getting itchy, I can buy a new Ford truck with the profits from this one, if they are still making them.......
 
Posted by state780 on :
 
Dec. 30:

quote:
There will be announcements regarding the share buyback program and the audit coming in January of 2006
Today:

quote:
Plasticon also announced that the company will be releasing details of their buyback program and news about new SEMCO contracts in the very near future.
Enough said.

Apart from the Hot Stocks mention--of which I have no opinion--the rest of it is a PR announcing they have released PRs.
 
Posted by clbgroove on :
 
Hopefully..........they are just trying to keep it propped up so that when the big ones come we wont have so much more to gain if it slips. Really prey the dilution is pretty much over ENTIRELY!!!!!!

GL all and we shoud bounce at the bell due to all the strange trades last 10 mins and 15 mins after bell.
 
Posted by Bearclaw on :
 
State...
It keeps the companies name out there...seems they are walking up the PPS with the MM's filling shorts as we go...Think the big picture...We should gap at open again if the mm's keep jumping around pre-market
 
Posted by Murnak on :
 
They didn't want to be sub penny at the conference!
 
Posted by clbgroove on :
 
quote:
Originally posted by Murnak:
They didn't want to be sub penny at the conference!

He77 Murn....that just might have been the best post of the day on the whole board. I think u just may b right! Good call

IMO....they are NOW going to use Semco to boost the pps like they did with contracts and sales last year on the rebar supports. I dont care how they do it as long as it climbs slow and strong and MAYBE we could actually break that fricking .0199 wall down and get this cow moooooovin!!!
 
Posted by DQ. on :
 
Hope you are right. I want the audit news already.
 
Posted by DQ. on :
 
Slow and steady. Getting back up again is nice to see. Looks like the promo campaign is back in full force.
 
Posted by youngface on :
 
I'm still holding from way back, glad to see this moving back to 01 land and I still think it's better then most pinks out there.

I have looked back at post to see if Cold is still in, is Cold still in?
 
Posted by DQ. on :
 
I asked the same thing awhile back about COLD.
I am afraid he is gone. Wish he was still here.
Also never hear from Margr8aville either.
 
Posted by BuyTex on :
 
Oh, yeah--I remember Margr8ville...had some good posts, right?
 
Posted by special ed on :
 
Got back into this about a week ago, so just saying hey! Things really starting to turn around for this one. Chart looking really good lately. Hope everyone makes some coin on this one this year!
 
Posted by Chopper on :
 
Semco Announces McCarren International Airport Surfacing Contract
LEXINGTON, KY -- (MARKET WIRE) -- 01/25/2006 -- Plasticon International Inc. (OTC: PLNI) announced today that SEMCO Manufacturing, Inc. was chosen as a surfacing vendor by the Federal Aviation Administration (FAA) and McCarren International Airport. McCarren International Airport is located in Las Vegas and is owned and operated by Clark County, Nevada. Plasticon International, Inc. recently completed the acquisition of SEMCO.

According to SEMCO Manufacturing, the company's surfacing system was chosen for the project because McCarren International Airport required a solution that offered creative flexibility and preserved the airport's structure for long term use. "During the project design and specification stage of this project, the FAA and Clark County reviewed the options and ultimately selected SEMCO because our surfacing system not only meets FAA requirements -- it exceeds them. The incredible durability of SEMCO's surfacing system makes us the logical choice for this project, particularly since preservation of the structure is a high priority for McCarren International Airport," said Samel Sem, President and founder of SEMCO Manufacturing. "Our surfacing systems are renowned for their durability and versatility and are not only used extensively indoors, but also on heavily-trafficked outdoor walkways, on rugged exteriors and in extreme outdoor weather, including freeze/thaw conditions. Additionally, McCarren International Airport will benefit from the creative freedom and protective features of our surfacing technology. For example, our environmentally responsible surfacing systems will give McCarren the ability to produce a more creative, appealing exterior wall with virtually unlimited choices for color and texture, and our surfacing system will also protect the wall from both the fumes of airplanes and graffiti. Finally, our unique surfacing technology, which chemically cross links to virtually any surface it is applied to, completely waterproofs the surface, which is critical to preserving the structure for long term use."

According to Jim Turek, President and CEO of Plasticon International, Inc., "As the producer of the most advanced surfacing system in the market today, we believe that SEMCO will continue to gain momentum in the $100 billion + surfacing industry. We look forward to continuing to work with SEMCO to expand their marketing efforts so that we can gain market share in the massive surfacing industry. We will also be making several significant announcements regarding SEMCO in the near future."

SEMCO Manufacturing, based in Las Vegas, Nevada since 1991, has provided their surfacing products to many of the city's most impressive showcase projects, including a number of 5 star luxury resorts. Their eclectic customer base also includes high profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is often used on heavily-trafficked outdoor walkways, in extreme outdoor weather, freeze/thaw conditions, and in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong, Singapore, and Australia.

Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



--------------------------------------------------------------------------------


Plasticon International, Inc.:

Jim Turek, President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Contact Investor Relations:

Rodney Marvel
Ph: 866 843 2775


SOURCE: Plasticon International Inc.
 
Posted by Bearclaw on :
 
Thanks Chopper...
My Ameritrade is not showing PLNI's PR's the past few months...I appreciate you posting this...Keep those contracts comin!!!!!
 
Posted by DQ. on :
 
This should move us up today. Hope to break .01 and stay there.
I'm assuming the Semco deal is all going to be ok otherwise Semco would be jumping PLNI's but for releasing this info as their PR.
Git Er Dun!
.012 close!
 
Posted by state780 on :
 
They spelled McCarran wrong.

I think this PR could be another that helps nudge the price upstairs, but I've sold out my entire position. (Yeah, I'm taking a loss and moving on).

I just don't have any confidence in the representations of Plasticon. Here we are on Jan. 25, and we still have no explanation--or even an official PR acknowledgement--of the 5 billion a/s filing. Nor do I believe that the o/s and float are a "mere" 2.3 billion and 690 million respectively.

Much of the other stuff we've seen on some boards doesn't factor into this--I won't go down the list. For me, it's the track record. We still have an unclosed acquisition of Semco, and of Promold, and another delay, not much noticed in yesterday's PR, of information on the share restructure (from January, as announced in the Dec. 30 PR, to "in the very near future"). In yesterday's PR, there isn't even a mention of the audit. Nor is there any explanation of why SEC approval is needed for the acquisitions.

Could PLNI go up from here, dramatically? Absolutely! I hope you all make money. But I think it will be on fluff. Yesterday's PR was primarily about their other PRs, though they didn't put it that way. That kind of marketing doesn't work forever. And the way they phrased it--implying they've received news coverage instead of printing PRs and ads--was deceptive. Red flag. I just can't count on these guys to level with me.

I'll be checking in as a PLNI alum, and if the price collapses (say with another share explosion, which I think may have already happened) I may buy back in for a bounce.

Other than that, best wishes to all.
 
Posted by Bearclaw on :
 
Good luck State...
 
Posted by runningscared on :
 
My goodness State.. how could you possibly take a loss at this point? When did you get in and for how much? This thing has been going up like crazy since last week?
 
Posted by Madge on :
 
My gut tells me somethings brewing here. This flurry of PRs is really pumping the stock. I think we are about to see some real action, maybe audit completion results followed immediately by an announcement of moving to the OTCBB. Only a guess but here's to a really green St Patricks day.
 
Posted by runningscared on :
 
Hi Madge. That's what I'm thinking/hoping. Been in and our of this a couple of times and made money. But this latest time I got back in on the rather high side. However, what is high? Again, my guess is this could be big. If not.. oh well.
 
Posted by Chopper on :
 
Good Luck State. I Hope your other stock ventures prove to be Profitable!!!!
 
Posted by special ed on :
 
quote:
Originally posted by Madge:
My gut tells me somethings brewing here. This flurry of PRs is really pumping the stock. I think we are about to see some real action, maybe audit completion results followed immediately by an announcement of moving to the OTCBB. Only a guess but here's to a really green St Patricks day.

momo's coming strong. Higher PPS and solid volume, another solid PR and she's gonna run IMO.
 
Posted by mbmaid on :
 
Sorry to see you go State. I think your timing's a bit odd, but I wish you luck.
 
Posted by DQ. on :
 
Good luck STATE however I can't imagine you selling when your stock is rising in price EVERY day. Not easy to locate a pink stock that moves north in a steady fashion.
Best of luck. If you find a big winner I hope you post it.
Thanks.
 
Posted by state780 on :
 
thanks, Chop, Mbmaid & all. It could go up, it could go down, but from where I sit based on factors I cannot analyze properly.

Now go forth and make money.
 
Posted by DQ. on :
 
looks like a bit of a gapper.
 
Posted by special ed on :
 
20 day sma crossing over the 50! Looking good!
 
Posted by clbgroove on :
 
quote:
Originally posted by special ed:
Got back into this about a week ago, so just saying hey! Things really starting to turn around for this one. Chart looking really good lately. Hope everyone makes some coin on this one this year!

Special........I think u mean GO STEELERS!!!!!

Boooooyaaaaaaaa
 
Posted by special ed on :
 
quote:
Originally posted by clbgroove:
quote:
Originally posted by special ed:
Got back into this about a week ago, so just saying hey! Things really starting to turn around for this one. Chart looking really good lately. Hope everyone makes some coin on this one this year!

Special........I think u mean GO STEELERS!!!!!

Boooooyaaaaaaaa

awww heck, go steelers! At least Randle El and Bettis both went to schools in the naptown area (IU and Notre Dame), so I guess I can give a little love [Wink]
 
Posted by bobcat88 on :
 
Are we going to break a penny today or not?!
 
Posted by Chopper on :
 
Patience Grasshopper.
 
Posted by Murnak on :
 
Green Baron has a handle on the future!lol

"Plasticon is on a tear right now. Volume is off the charts and many times has been the most active stock of any Pink Sheet issue. PLNI has rallied from our Green Baron January Effect pick price of .0039 per share on December 30 to hit a high of .0095 per share yesterday up as much as 143%. Our conversations with consultants and management indicate that the future will be bright, and we believe the stock may just be starting to get noticed.

SEMCO is landing contracts with some of the best companies and largest projects in the world. Plasticon will be able to provide distribution, sales and marketing contacts that SEMCO has not tapped into before. The airport contract announced today for McCarren International is local to SEMCO since this company is located in Las Vegas. Imagine what will happen when the rest of the world finds out about the SEMCO product line. We are confident SEMCO could provide Plasticon with revenues in the hundreds of millions in years to come. Game on!"
_________________
If what you did yesterday isn't working, change it!!!!
 
Posted by MONEYTRADER2B on :
 
I JUST GOT IN THIS STOCK A COUPLE OF WEEKS AGO. PLASTICON HAS BEEN TALKING TO OUR COMPANY (TUBASCOPE INC.)ABOUT COATING OUR DRILL PIPE AND FLOW PIPE. WE ARE IN WEST TEXAS AND SELL AND PRODUCE PIPE FOR OIL COMPANIES ALL OVER THE U.S AND CANADA. IF THIS GOES THROUGH I CAN QUIT THIS JOB.
 
Posted by bobcat88 on :
 
How many of you are doing a panic search/dd for Tubascope Inc?
 
Posted by Murnak on :
 
Lets get thru a penny!!!!!!

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[w,a]daclyyay[dd][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
 
Posted by Chopper on :
 
Intresting post from Ihub. FWIW Not Confirmed.....

Posted by: troutman2
In reply to: None Date:1/25/2006 12:46:48 AM

Some more DD on Plasticon.

The following is from a newsletter I get that recommended PLNI. The information is from an interview with Mr. Turek and company consultant William Howe about a week ago.

Expect rapid top and bottom growth in 2006, it will be a "breakout year for the firm".

A final draft of financials for 2003 and 2004 should be filed in the next 2 -3 weeks followed by audited financials for 2005.

On the share buyback. Investors can turn in half their shares with the guarantee to receive twice that amount after a twelve month period(Rule 144 applies). They are looking to decrease the O/S by 25 -30%

The company might consider a reverse split, but only if the AMEX required it. The company is in advanced discussions with the AMEX,

Plasticon is currently profitable and has no operating debt. The Pro Mold acquisition brings manufacturing in-house, and the company estimates the acquisition will pay for itself in the first six months.
 
Posted by clbgroove on :
 
"only if AMEX requires it"!!!! Well gollie Sgt. Carter, I didnt know you could have 2 Billion + shares out on Amex and not have to do a R/S that we stated 5 times that we wouldnt do!!!

Me personally, I'll take the two for one shares and hold long term to reduce the numbers to move us to the next level.

Question is, how big of A R/S will we have to do to get it under control??????

Any takers! and come on penny land show ur face!!
 
Posted by DQ. on :
 
If there is a RS in the WAY DISTANT FUTURE...
if it is on a move to AMEX, I don't think it would hurt at all. I don't think it would mean diddly. IMO...but what do I know??
 
Posted by DQ. on :
 
Here penny, penny, penny.....0099
 
Posted by Madge on :
 
We're there $0.01
 
Posted by DQ. on :
 
Crack open a Bud Light folks!!!! Pennyland again.
 
Posted by ed19363 on :
 
The company might consider a reverse split, but only if the AMEX required it. The company is in advanced discussions with the AMEX,

This, if it happens, is instant DEATH, IMO.
I have never seen a company come back from a R/S and make the shareholders money.
99 times out of a hundred, the price slides immediately after the R/S, and I dont care if you're talking pennies or $180 per share stock.
 
Posted by runningscared on :
 
Most recently.. can you say SVXA?
 
Posted by mbmaid on :
 
VRSO--did a reverse a few months back, doing well, I'm up...
 
Posted by Madge on :
 
Over the last 2 weeks I made a 400% gain in IGTG which did a R/S a month and a half ago. Speaking in generalities usually results in you being wrong. There are a lot of successful R/S's done. And the R/S is much more common among pinks than major boards and therefore pinks being pinks are normally non-productive.
 
Posted by Bearclaw on :
 
There's no R/S or Reverse Merger coming on PLNI in the near future...Try and keep your eye on the ball...imo...Make more money that way...
 
Posted by ed19363 on :
 
My apologies for the general statement. I sincerely hope I am wrong.
 
Posted by YellowSubmarine on :
 
"...YeeeeHaaaaaw -&- Yessirree, Billy Joe-Bob..."!!!

It sure would have been silly to buy this growth stock at the scammy/p&d price of 0.004 and below..!!!

PLNI 0.0099 +0.001 (+11.24%) 0 0 89,104,376

You could have doubled your money and had to pay taxes...!!!

"...Bwaaaaaaa haaaaaa haaaaa haaaa haaa haa ha ha ha ha ha ha ha ha ha ha ha...........


John :-)

ps & o/t: Start collecting ACHI, troops..!!! Same storyline - different channel.........

.
 
Posted by Madge on :
 
quote:
Originally posted by ed19363:
My apologies for the general statement. I sincerely hope I am wrong.

NP, Sepeculation is why we are all here. I personnally try to evalauate all possibilities that includes less then desireable options. IMO we have reached resistance at the .01 level and I think the news has pumped the stock as much as it can for now. What is really needed is a PR discussing $$$. The only news that truly moves a penny is financial news. All the other PRs pump pump pump then the stock deflates again.
 
Posted by runningscared on :
 
Good point, and 100% true IMHO. Next step.. the long, looooonnnng awaited audit? Isn't it supposed to come this week? We're running of days.
 
Posted by DQ. on :
 
quote:
Originally posted by Bearclaw:
There's no R/S or Reverse Merger coming on PLNI in the near future...Try and keep your eye on the ball...imo...Make more money that way...

Amen Bro!
 
Posted by RahzM1ght on :
 
you guys think i missed the boat?

i bailed out when the stock feel .0045 got to scared and took my money out and was affraid I would loose all my money.
 
Posted by Chopper on :
 
From the Green Baron Today

Plasticon Intl. (PK: PLNI)

More PLNI News Just Released Pre Market!

SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters

Plasticon just announced last Thursday, January 19 that its acquisition of SEMCO Manufacturing has been completed and is only waiting SEC approval. This morning, shareholders of Plasticon were already treated with a SEMCO contract that demonstrates the caliber of client that SEMCO is capable of landing. SEMCO was a private company, and now that the acquisition has been completed, the world will begin to see its deal flow in the public eye through Plasticon’s press releases.

PLNI stock rallied to close the week at .0075 per share on active volume following news that SEMCO had been acquired. The Green Baron Report is thrilled to see that this deal has been consummated, and contracts are starting to flow. Plasticon is beginning to fulfill its promises from last year one by one, and we see investors are gaining confidence once again. Each press release ought to eliminate prior concerns, and PLNI stock may finally have the chance to break out to levels we originally had forecast.
 
Posted by bobcat88 on :
 
Why is it that all the .01 trades are taking place in blue? or off the bid/ask, is that when someone puts in an order for a market buy?
 
Posted by Murnak on :
 
Time and Sales!

http://host.businessweek.com/businessweek/Historical_Quotes.html?Button=Get+Quotes&Format=0&Type=5&Symbol=PLNI&StartDate=01/25/06&EndDate=01/25/06
 
Posted by Bawz2wawz on :
 
For what it's worth, I sold at the ask today at 0.0099 in anticipation that it may have trouble breaking 0.01 and they took it within seconds. Hope it dips back down for me.
 
Posted by BuyTex on :
 
nice to see this one stairstepping and fillin' gaps...
 
Posted by YellowSubmarine on :
 
quote:
Originally posted by Madge:
quote:
Originally posted by ed19363:
My apologies for the general statement. I sincerely hope I am wrong.

NP, Sepeculation is why we are all here. I personnally try to evalauate all possibilities that includes less then desireable options. IMO we have reached resistance at the .01 level and I think the news has pumped the stock as much as it can for now. What is really needed is a PR discussing $$$. The only news that truly moves a penny is financial news. All the other PRs pump pump pump then the stock deflates again.
"..Oh, bananas............................

You blow in here and start spouting phiolosphy like you think you know which end is up - hogwash..!!!

PLNI is currently looking to hire a "..public company.." CPA to do all the 10Ks 10Qs, etc. P&Ds don't do that, nor do they have R&D Departments cranking out new products in collaboration with their business partners. ..PLNI is a long-haul winner, and if you can't get a grip on that you need to mosey on down the road to MLON or QBID.

ACCOUNTANT OR CPA needed for Plasticon Int'l INC
Save this job | Email This Job | Printer-Friendly Version
Location: US-KY-Winchester
Base Pay: N/A
Employee Type: Full-Time Employee
Industry: Other Great Industries
Manages Others: no
Job Type: Accounting
Req'd Education: None
Req'd Experience: Not Specified
Req'd Travel: Not Specified
Relocation Covered: No
Contact: Not Available Phone: Not Available
Email: Send Email Now Fax: 859-245-5105
Instantly fax your resume! >> Ref ID: HL688435
DESCRIPTION
ACCOUNTANT OR CPA needed for Plasticon Int'l INC. Experience with publicly traded company helpful but not required. Full time. Salary commence rates with experience. Fax resume for a confidential interview to 859-245-5105R HL 688435
Source - Lexington Herald-Leader
REQUIREMENTS
Please refer to the Job Description to view the requirements for this job

http://www.careerbuilder.com/JobSeeker/Jobs/JobDetails.aspx?IPath=ILK&job_did=J3H7KX6FD4JT3G593M0&dv=dv&jrdid=&lpage=1&strcrit=QID%3dA6653175159295%3bst%3dA%3buse%3dALL%3brawWords% 3dplasticon%3bCID%3dUS%3bSID%3dALL%3bTID%3d0%3bENR%3dNO%3bDTP%3dDR3%3bYDI%3dYES%3bIND%3dALL%3bPDQ%3dAll%3bJN%3dAll%3bPAYL%3d0%3bPAYH%3dGT120%3bPOY%3dNO%3bETD%3dALL%3bRE%3dALL%3bMGT %3dDC%3bSUP%3dDC%3bFRE%3d30%3bCHL%3dAL%3bQS%3dSID_UNKNOWN%3bSS%3dNO%3bTITL%3d0%3bJQT%3dRAD&sfascc=plasticon&CiBookMark=1&jobcount=1&sname=&cbRecursionCnt=1&cbsid=beb51f603f12422099 a34132011fb139-191511803-ru-1

Anybody who bails out of PLNI before they can take advantage of the upcoming shareholder-advantageous "..share swap.." program, prior to the AMEX jump, is just plain stupid..!!!

.
 
Posted by Bearclaw on :
 
Hey Yellow...
Take a chill pill buddy and lay off of Madge...She's just giving input...
She's not bashing just sharing info...damn boy...
 
Posted by Madge on :
 
I may be a woman but I can handle myself just fine, thanks. There is at least one in every crowd that need to be the center of attention regardless of how annoyed it makes others. I would challenge anyone to find an untruth in any of my posts, or provide irrefutable evidence to the contrary. Given, alot of spouting occurs here I think the majority occurs to benefit the cause. Production of $$$ from $.
 
Posted by DQ. on :
 
quote:
Originally posted by Madge:
I may be a woman but I can handle myself just fine, thanks. There is at least one in every crowd that need to be the center of attention regardless of how annoyed it makes others. I would challenge anyone to find an untruth in any of my posts, or provide irrefutable evidence to the contrary. Given, alot of spouting occurs here I think the majority occurs to benefit the cause. Production of $$$ from $.

Hold your ground Girl, Hold your ground.
I agree. I'm so happy to see us climb but till the big audit news or some kind of $$$ figures come along I feel we are going to hang around this area. On a good note...when PLNI goes into their FULL MODE pr blitz as we are seeing now, they usually last awhile. I would expect to see at least .015 before we fall off. Long term....05 to .10 JMHO.
 
Posted by IwantMore$ on :
 
I would like to let everyone know that I just saved alot of money..........switching to geico,know i'll invest more in plni and make a
s$%t load of money later. [Wink]
 
Posted by Bearclaw on :
 
You got it Madge...No more help from me...sorry to offend...

quote:
Originally posted by Madge:
I may be a woman but I can handle myself just fine, thanks. There is at least one in every crowd that need to be the center of attention regardless of how annoyed it makes others. I would challenge anyone to find an untruth in any of my posts, or provide irrefutable evidence to the contrary. Given, alot of spouting occurs here I think the majority occurs to benefit the cause. Production of $$$ from $.


 
Posted by Madge on :
 
We all need help...like maybe someone willing to sell me 50 million shares at .005...any takers [Smile]
 
Posted by jagman925 on :
 
Nice chart! Classic penant flag and run. This one's a good chart to blow up and frame on your wall! Ha! Lol!

http://stockcharts.com/def/servlet/SC.web?c=plni,uu[m,a]daclyyay[pb50!b200][vc60][iUb14!La12,26,9]&pref=G
 
Posted by ed19363 on :
 
quote:
Originally posted by Madge:
We all need help...like maybe someone willing to sell me 50 million shares at .005...any takers [Smile]

You have a quarter of a million dollars to invest in a penny stock?????
Do you have a boyfriend??
ROFL
 
Posted by Madge on :
 
I do but I wouldn't. And not yet, but when PLNI turns up to a dime I'll be able to buy one! [Wink]
 
Posted by YellowSubmarine on :
 
"..A mellodious Ode to PLNI's blockheaded, billious BashHoles...................

***********************************************************

The outlook wasn't brilliant for the Mudville nine that day,
The score stood four to two, with but one inning more to play.

And then when Cooney died at first, and Barrows did the same,
A pall-like silence fell upon the patrons of the game.

A straggling few got up to go in deep despair.
The rest clung to that hope which springs eternal in the human breast.

They thought, "if only Strike1 could but get a whack at that.
We'd put up even money now, with Strike1 at the bat."

But Flynn preceded Strike1, as did also Jimmy Blake;
and the former was a hoodoo, while the latter was a cake.

So upon that stricken multitude, grim melancholy sat;
for there seemed but little chance of Strike1 getting to the bat.

But Flynn let drive a single, to the wonderment of all.
And Blake, the much despised, tore the cover off the ball.

And when the dust had lifted,
and men saw what had occurred,
there was Jimmy safe at second and Flynn a-hugging third.

Then from five thousand throats and more there rose a lusty yell;
it rumbled through the valley, it rattled in the dell;

it pounded through on the mountain and recoiled upon the flat;
for Strike1, mighty Strike1, was advancing to the bat.

There was ease in Strike1's manner as he stepped into his place,
there was pride in Strike1's bearing and a smile lit Strike1's face.

And when, responding to the cheers, he lightly doffed his hat,
no stranger in the crowd could doubt t'was Strike1 at the bat.

Ten thousand eyes were on him as he rubbed his hands with dirt.
Five thousand tongues applauded when he wiped them on his shirt.

Then, while the writhing pitcher ground the ball into his hip,
defiance flashed in Strike1's eye, a sneer curled Strike1's lip.

And now the leather-covered sphere came hurtling through the air,
and Strike1 stood a-watching it in haughty grandeur there.

Close by the sturdy batsman the ball unheeded sped --
"That ain't my style," said Strike1.

"Strike one!" the umpire said.
From the benches, black with people, there went up a muffled roar,
like the beating of the storm waves on a stern and distant shore.

"Kill him! Kill the umpire!" shouted someone on the stand,
and it's likely they'd have killed him had not Strike1 raised his hand.

With a smile of Christian charity, great Strike1's visage shone,
he stilled the rising tumult, he bade the game go on.

He signaled to the pitcher, and once more the dun sphere flew,
but Strike1 still ignored it, and the umpire said, "Strike two!"

"Fraud!" cried the maddened thousands, and echo answered "Fraud!"
But one scornful look from Strike1 and the audience was awed.

They saw his face grow stern and cold, they saw his muscles strain,
and they knew that Strike1 wouldn't let that ball go by again.

The sneer has fled from Strike1's lip, the teeth are clenched in hate.
He pounds, with cruel violence, his bat upon the plate.

And now the pitcher holds the ball, and now he lets it go,
and now the air is shattered by the force of Strike1's blow.

Oh, somewhere in this favored land the sun is shining bright.
The band is playing somewhere, and somewhere hearts are light.
And, somewhere men are laughing, and little children shout,

but there is no joy in Mudville --
mighty Strike1 has struck out.

BURMA SHAVE


.
 
Posted by BuyTex on :
 
eewwwwww
 
Posted by DQ. on :
 
Looks like another small gapper this morning.
 
Posted by bobcat88 on :
 
Dang, glad my sell at .01 didnt get through at the last hour yesterday, trigger finger is itchin very bad now. Going to dump half.
 
Posted by JoeTrader on :
 
$0.0106 0.0007(7.07%)

The War Cry Begins!!!!!
 
Posted by stocknut2006 on :
 
stockhunter, you have a PM.
 
Posted by JasonTT on :
 
Hey all,
I've been holding since about may '05... still in this and still have hope for it. I'm still red as well, but glad to see it moving on up again!
 
Posted by ed19363 on :
 
IMO, anybody who sells at this point is out of their cotton-picking mind !!!!
The run is just starting.
 
Posted by MONEYTRADER2B on :
 
I SURE WAS WANTING TO SEE IT GO TO .02
I HAD A FEELING IF IT GOT THAT HIGH PEOPLE WOULD DUMP.
 
Posted by Chopper on :
 
Press Release Source: Arch Investment Conferences, Inc.


Arch Announces the Arch Conference Series for Small-Cap and Micro-Cap Companies for Jan, Feb and March 2006
Monday January 9, 2:01 pm ET
First Winter Conference to Be Held January 19, 2006, at the Hotel Plaza Athenee in New York


NEW YORK--(BUSINESS WIRE)--Jan. 9, 2006--Arch Investment Conferences, Inc., www.archconferences.com is proud to announce its conference series for the first 3 months of 2006 beginning Thursday January 19, 2006, 7:30 to 2:00PM, in New York at the Hotel Plaza Athenee, 37 East 64th Street, New York City. Tobin Smith of ChangeWave Research & FOXNEWS Contributor, Charles Payne of Wall Street Strategies & FOXNEWS Contributor, and Peter Leeds of **********.com are the featured guest panelists to whom companies will be presenting.

Companies presenting are:

Plasticon International (OTC:PLNI - News)

Yak Communications (NASDAQ:YAKC - News)

Novadel Pharma (AMEX:NVD - News)

Biophan Technologies (OTCBB:BIPH - News)

NaturalNano (OTCBB:NNAN - News)

Cord Blood America (OTCBB:CBAI - News)

Grant Life Sciences (OTCBB:GLIF - News)

The entire event will be webcast and available for 90 days through Vcall at http://www.vcall.com/IC/ClientPage.asp?ID=99713&CID= and www.investrend.com.

This event is sponsored by Tobin Smith & ChangeWave, Charles Payne & Wall Street Strategies, **********.com, Wall Street Calendar, Investrend Research, BusinessWire, & Market-Harmonics.

Arch conferences are also scheduled from Feb. 23 and March 23, 2006. Companies interested in presenting please contact Arch at info*archconferences.com

Attendance at Arch conferences is open only to qualified investment professionals. The webcast will be available to the public. This conference is by invitation only. Please contact German de la Roche at 347-427-9052 or Cindy Liang at 347-252-4164.

About Arch

Arch Investment Conferences, Inc. hosts exclusive events for companies to connect with fund managers, analysts, investment bankers, brokers and other members of the investment community. Arch is not only a bridge to the companies of tomorrow, but to the investment ideas of today. Visit www.archconferences.com


Contact:
Arch Investment Conferences, Inc.
German de la Roche/Cindy Liang, 347-252-4164
cindy*archconferences.com

--------------------------------------------------------------------------------
Source: Arch Investment Conferences, Inc.
 
Posted by Chopper on :
 
Ok Just got off the phone with the Horses mouth, so to speak. This is what was told me about the pending SEC approval for ProMold and Semco.
Mr. Turek will file the audit activating the reporting of the company once again. Then two 8k's soon behind that. One 8k for each acquisition. This is HUGE in that Jim is going straight by the SEC playbook and reporting everything properly. That is the why Jim put pending SEC approval. Merely a paperwork formality filing the 8k's! Shortly after that we could see 10Q's and the 15c2-11 rule filing for uplisting.
Hope this helps ease some concern. GLTA
 
Posted by ed19363 on :
 
Seems like its taking a long time just to sign and file a couple pieces of paper, any idea what the roadblock is to getting it done??
 
Posted by Bearclaw on :
 
PLNI Plasticon Intl Inc (OTHER OTC) 1/26/2006 11:46:23 AM ET


Press Release for Plasticon Intl Inc


StockstoFollow.com: Begins Research on Plasticon International Inc.(OTCPK: PLNI) for Thursday January 26, 2006
1/26/2006 11:07:33 AM
Jan 26, 2006 (M2 PRESSWIRE via COMTEX) -- Sign-up for our FREE Stock Alerts at http://www.StockstoFollow.com!

StockstoFollow.com, a leading online financial portal, strives to find dynamic issues that are unknown or undervalued but because of their technology, approach, executive team, recent discoveries or other key factors, could advance in the market. StockstoFollow.com has identified the following company based on these issues Plasticon International Inc.(OTCPK: PLNI)

Charts: http://www.smallcapusa.com/site/symbol.php?symbol=plni.pk

Plasticon International Inc.(OTCPK: PLNI) announced today that SEMCO Manufacturing, Inc. was chosen as a surfacing vendor by the Federal Aviation Administration (FAA) and McCarren International Airport. McCarren International Airport is located in Las Vegas and is owned and operated by Clark County, Nevada. Plasticon International, Inc. recently completed the acquisition of SEMCO.

To chat with other investors on this company visit http://www.smallcapcommunity.com "SmallCap Community is a rapidly growing community of investors looking to network, meet new people, exchange ideas, and make smarter investments!"

COMMENTARY:

Stocks showing interesting activity yesterday at the close of the regular trading day were: Rediff.com India Limited ( REDF ) up 27.3% on 12.9 million shares traded, JPMorgan Chase & Co. ( JPM ) up 0.9% on 14.2 million shares traded, Juniper Networks, Inc. ( JNPR ) up 0.8% on 16 million shares traded and Clear Channel Communications Inc. ( CCU ) down 1% on 2.8 million shares traded.

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Posted by DQ. on :
 
Chop...hope you're right. Hope the horses mouth was a good source...if so this thing should begin to really spread its wings an fly very soon.
Thanks for the info...not selling a single share.
 
Posted by Murnak on :
 
Evertime the price crosses the 200 MA it is up and away and this time fundamentals are better!

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[h,a]daclyyay[de][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
 
Posted by StockHunter on :
 
quote:
Originally posted by Chopper:
Ok Just got off the phone with the Horses mouth, so to speak. This is what was told me about the pending SEC approval for ProMold and Semco.
Mr. Turek will file the audit activating the reporting of the company once again. Then two 8k's soon behind that. One 8k for each acquisition. This is HUGE in that Jim is going straight by the SEC playbook and reporting everything properly. That is the why Jim put pending SEC approval. Merely a paperwork formality filing the 8k's! Shortly after that we could see 10Q's and the 15c2-11 rule filing for uplisting.
Hope this helps ease some concern. GLTA

The only thing “HUGE” about what you report is the red flags. I guess in a week of ridiculous advertisements packaged as press coverage, it should not be surprising that the “awaiting SEC approval” is BS.

I called the SEC to see if there was any way a company could get approval for an acquisition without filing a public document. The answer is no. Has Plasticon filed any documents with the SEC. No! You cannot get approval if you don’t ask first. If I go to McDonalds and just stand there without ordering is it honest to say I’m “awaiting my hamburger”? If I understand the jest of your conversation, they are not filing anything regarding the acquisitions until they file an audit. They have been promising an audit ‘very soon’, ‘by the end of the month’ , ‘in several weeks’, etc… for 2 years now. They keep dangling the same wrinkled carrot in front of investors noses while they steadily pull it away. To say they are "awaiting SEC approval" without filing papers (and not until they file their audit) is like saying you’re awaiting your kid’s approval to Harvard when you haven’t even met your spouse yet.

This has been the biggest week of red flags since I’ve followed this company. They had people believing there was a share buyback program coming early this year and the details would be announced before the end of January. At the same time they are issuing shares to penny stock touts to pump up the price. It does not make sense to dilute your stock and pump the price when you are trying to reduce shares by buying them. They are not reducing shares. They have been and are likely to continue to aggressively raise funds through issuance and sales of shares.

The PRs have sunk to new lows. One touts the publication in which they bought an ad as if IBD was lending credibility to the content. The Semco contract PRs make no mention of the size of the contracts, but they do tell us how many floors are in the building with the Semco coated office lobby. Another claims they are getting more media “coverage” by listed the ads they paid for. They are spending more of our money and diluting more of our shares so that penny stock touts can pump up the price. Companies do this to sell shares and raise capital. They don’t issue shares to touts, pump up the price of their stock, and buy those same shares back at a higher price in a share reduction program. Though they would have us believe that is their design. There is no share reduction program because the number of shares are increasing. There wasn’t one in August when they first claimed to have one. They issued stock and issued a press release stating they ‘retired’ shares last year.

What would be really enlightening is to hear the company's response to a question as to why they are gagging thier transfer agent, not just from us lowly investors, but also from pinksheets. No one who has the ear of the company principals has ever addressed their response to this question (assuming such an obvious question gets asked). As you know, they refuse every request, written or otherwise, to provide the share structure or their reasoning for the dilution. They either ignore written requests or respond to emails w/ a canned hotmail msg saying to call Big Apple. We've all done the run through that hamster wheel.

Every time there is a Green Baron, or Stockstofollow.com or Wall Streetnewsalert.com tout, there are two costs to investors and one benefit to traders. The benefit to traders is in piggy backing the buying for a swing trade. The costs to investors is in the dilution - one from shares issued to these touts, and second from the reason they need to hawk their shares, which is more dilution.

For anyone new to this stock, perhaps attracted by one of the touts, you would be well served to skim this entire thread for the history. With the stock much higher, the company was promising an impending audit, share reduction plan, soon to be completed acquisitions, move to the OTCBB and enhanced shareholder value. One poster who dared suggest the stock could go as low as .009 was roundly ridiculed for his ignorance, as so many proclaimed it was the last chance to buy before the big run. We’ve seen this all before. Some here have been waiting for the audit since 2004. Read about how Mr. Turek pledged shares of the company to pay off his bankruptcy (which is still unresolved). Read about how Mr. Turek has loaned money from Plasticon to shell companies he controls and then forgiven the debts. There is much more to this company than the recent press releases would indicate. While its easy to get caught up in the euphoria of a rally its important to temper that with an analytical review of the past. The history of this company’s actions holds important clues to its future.

GLTA.
 
Posted by FatherWeebles on :
 
great stuff stockhunter


I was always wary of PLNI, and after reading your statement, I'm saying goodbye to 29,000 shares and gonna say hello to a $42 profit while keeping 1000 shares in incase the price really shoots up.
 
Posted by Bearclaw on :
 
Stockhunter...
We all told you a good entry was in the .004 to .006 range...You bashed this stock consistantly and now it's at .01 and all charts indicate a continued upward movement over the weeks to come...

I am convinced you are here for no other reason but to slam this company...why not sell and hit the road like State did?
 
Posted by Madge on :
 
quote:
Originally posted by FatherWeebles:
great stuff stockhunter


I was always wary of PLNI, and after reading your statement, I'm saying goodbye to 29,000 shares and gonna say hello to a $42 profit while keeping 1000 shares in incase the price really shoots up.

Honestly if you do that then you are a fool. Why not get rid of the last $10 worth and say goodbye. Unless you think those shares are going to turn into $10K. In which case you should hold all of them. It makes no sense too hold 100 shares of a stock that was just last week at a level below what it would cost to sell them anyway?
 
Posted by Chopper on :
 
Plasticon International to Launch Marketing Campaign for SEMCO in February
LEXINGTON, KY -- (MARKET WIRE) -- 01/27/2006 -- Plasticon International Inc. (OTC: PLNI) announced today the company will begin the rollout of an integrated marketing campaign for SEMCO Manufacturing in February 2006.

According to Jim Turek, President and CEO of Plasticon International, Inc., "SEMCO is gaining momentum every day in the $100 Billion + surfacing industry. Plasticon's team will work with SEMCO in the coming months to create a world class marketing campaign that will effectively communicate the unique contribution that SEMCO is making to the surfacing industry. We believe that when SEMCO's products get additional exposure, their revolutionary surfacing systems will increasingly gain market share. The marketing campaign will include a new marketing theme and slogan, redesigned web site, print materials, trade shows, and an advertising campaign targeted to industry partners and large contractors. As we have mentioned in the past, we believe that SEMCO will ultimately become the greatest profit center for Plasticon International in the years ahead. We look forward to building the SEMCO brand and expanding their marketing efforts. We will continue to keep our shareholders informed about SEMCO's progress as we move forward."

SEMCO Manufacturing, based in Las Vegas, Nevada since 1991, has provided their surfacing products to many of the city's most impressive showcase projects, including a number of 5 star luxury resorts. Their eclectic customer base also includes high profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily trafficked outdoor walkways, in extreme outdoor weather conditions, in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong, Singapore, and Australia.

Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

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.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors whish could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



--------------------------------------------------------------------------------


Contacts:
Plasticon International, Inc.:
Jim Turek
President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Contact Investor Relations:
Rodney Marvel
Ph: 866 843 2775


SOURCE: Plasticon International Inc.
 
Posted by mbmaid on :
 
Stockhunter, I must say I've been reading all your DD posts over the last month or so with great interest and enthusiasm. I can not help but listen to what you have to say. You are clearly smart and have taken the time to play Devil's Advocate, if you will, regarding PLNI's future. I do take everything you say seriously, but then I must do my own DD and pay close attention to DownDraft and his more positive outlook of thing, and come up with ome happy medium. I've been buying PLNI for a while, and managed to get in at .0052 to average down quite a bit. I'm in the green now, and believe it will stay that way. PLNI is doing some dirty stuff under the table, but they're also beating it back with a great deal of positives, something most pinkies would never do. This is a big company with big potential, and I'm gonna put my money on their future.
 
Posted by Bearclaw on :
 
mb...
Very good post...Looking to the future with you..
 
Posted by runningscared on :
 
It is the right of all Americans to bash, bash, bash.
But personally, in the words of that late great ballplayer - PLNI has been very, very good to me.
Hope it has for all of you too.
 
Posted by DQ. on :
 
Agreed. Everything may not be completed on our time table but I am SURE the audit and move to OTCBB will occur. This stock is one of the best around. Hold....and retire!
 
Posted by state780 on :
 
Here is the problem: Since the Semco deal was described as awaiting SEC approval for all the wonderful reasons outlined by whoever spoke to Chopper--do you mean you spoke to Turek?--why didn't they include that in the PR?

It doesn't make any sense.

But that's just one in a long line; it also doesn't make sense that PLNI keeps saying things are pending SEC approval but no one has been able to find evidence that anything has been filed to be approved. Stock's metaphors are apt. I'm engaged to be married, pending finding a woman who will marry me.

I am still watching PLNI, partly for entertainment value and partly because if it falls I might buy a small position for a bounce. I'm genuinely happy for all the people who have made money by buying at .004 (though a bunch of folks called bottoms at .01, .009, etc.).

But this is still all smoke and mirrors. And by that I mean the company still hasn't proven that it's achieved a single thing. The Semco deal isn't closed, nor Promold, nor the yet-again share restructure, nor the audit. We do have the still unexplained secret 5 billion authorized share filing to ponder. On the marketing and pps side, what we have over the last happy month or so is new money and a new barrage of PRs--I mean come on, a PR announcing its recent PRs--that's kind of pathetic.

The big blizzard now is Semco. There has to be some kind of deal in the works, I agree with that--some other crazy somewhere else suggested it was a total lie. Well I don't believe that, partly because of the appearance of a Semco principal in one of the recent PRs. But we have no way to evaluate what that deal is about, structure-wise, because PLNI refuses to tell us. Why would that be?

Plasticon could very well get traction going forward; the question is at whose expense. I will be stunned, positively stunned, if we do not learn at some pointthat the share structure has grown explosively again. The problem is you can't tell when that will happen. When it does, I think it will be ugly.

The price rise is based on hope; that is the nature of pinks, more so than any other stock. But it is not based on independently verifiable facts, because PLNI will not provide any. I understand long holders trying to make their bets back. But . New investors are well advised to consider what Stockhunter has said. If Jim Turek & Co. actually achieve something concrete--love the pun?--it will be the first time they've done so since May of 2005. Yes, it could happen, absolutely. Because anything can happen. But I doubt it.

I'm out for most of the day, so won't be able to follow the discussion live today. GLTA but more than ever caveat emptor.
 
Posted by FatherWeebles on :
 
quote:
Originally posted by Madge:
quote:
Originally posted by FatherWeebles:
great stuff stockhunter


I was always wary of PLNI, and after reading your statement, I'm saying goodbye to 29,000 shares and gonna say hello to a $42 profit while keeping 1000 shares in incase the price really shoots up.

Honestly if you do that then you are a fool. Why not get rid of the last $10 worth and say goodbye. Unless you think those shares are going to turn into $10K. In which case you should hold all of them. It makes no sense too hold 100 shares of a stock that was just last week at a level below what it would cost to sell them anyway?
I'm a fool for buying into their crap PR's.
 
Posted by state780 on :
 
One other thing: Part of what mbmaid said strikes me as the right attitude toward PLNI--having more of a Riverboat gambler's mentality. That is to say, a rational gambler can see that the storm of PRs and the (temporary in my mind) momemtum could keep pushing this stock up for awhile, without having many illusions about what's really going on with the company. Because we have no way of knowing--the company won't document that for us.
 
Posted by Madge on :
 
IMHO,
All PRs are crap and had I learned that earlier I would have been making money a lot earlier. Whether it's IBM or Plasticon the only reason a compnay puts out a PR is to hype the product. AT least with PLNI there is a product which is out in the market, and not all pinks can say that.
 
Posted by mbmaid on :
 
Great post State780. Indeed, it rise in share price IS based on hope and promises. We've had promises before, and they have been broken. But now...things may be different. I think PLNI is building a new base from which to launch from when the big PR is announced. And I think we all know that it may happen quite soon. All these PR's suggest a game plan that has been in the works for quite a while. They must have a big calendar on the wall with PR's penciled in over the next month or so. No more delayes here, if you ask me.
 
Posted by Bearclaw on :
 
The game here is to buy low and sell high...State...You sold...what are you still doing here?
Are you now waiting to buy high again and sell low for another loss?? You should have learned on the last loss...Why not move on and take Stockhunter with you...He's not a shareholder either...
 
Posted by state780 on :
 
Hi Bear. Nice to see you too. I explained why I was still monitoring PLNI boards; you can re-read my initial post today if you missed it.

I don't expect to post as much for the time being, but I'm not going anywhere, and won't be bullied out of here.

Reasonably good action for the first few minutes on a classic PLNI announcement--basically a PR about forthcoming PRs.
 
Posted by Bearclaw on :
 
Well ...state...No I didn't miss your post...I didn't know we had a PLNI alumni asssociation...

I guess I'm saying put your and stockhunters money where your mouth is...otherwise why not sit on the sideline where your pocketbook is...
 
Posted by Murnak on :
 
How high do you think they want the PPS going into the conference!!!! This time they want to do it up right.....Feb 23rd!

January 17, 2006 - We are proud to announce Plasticon International (OTC:PLNI) will be making a special presention during breakfast of the Arch February 23, 2006 Conference.

http://www.archconferences.com/
 
Posted by clbgroove on :
 
Murn....I'm putting my 2 cents in and think the target is AT LEAST the .02 that we never broke!!!

From there they should be able to hype the hel7 out of it to .10 like they did HISC!!
At .10 I'm going to re-do my driveway with new rebar supports AND seal it with a SEMCO kiss!!

GLTA and lets go

quote:
Originally posted by Murnak:
How high do you think they want the PPS going into the conference!!!! This time they want to do it up right.....Feb 23rd!

January 17, 2006 - We are proud to announce Plasticon International (OTC:PLNI) will be making a special presention during breakfast of the Arch February 23, 2006 Conference.

http://www.archconferences.com/


 
Posted by Murnak on :
 
sounds like a plan clb.............
I would think maybe a nickel or slightly hire!
 
Posted by Murnak on :
 
Anyone able to pickup shares???
 
Posted by Bearclaw on :
 
clb....murnak...
I like your thinking...
 
Posted by runningscared on :
 
well so much for that opportunity. I hate this 20-minute delay.
 
Posted by Grynder on :
 
quote:
Originally posted by Bearclaw:
Well ...state...No I didn't miss your post...I didn't know we had a PLNI alumni asssociation...

I guess I'm saying put your and stockhunters money where your mouth is...otherwise why not sit on the sideline where your pocketbook is...

Last time I checked we still had free speech in this country and everyone still had the right to voice their opinion. I for one appreciate the mature way they have presented thiers.

G. [Smile]
 
Posted by Bearclaw on :
 
Really Grynder hahahaha that's funny...
 
Posted by MONEYTRADER2B on :
 
HOW COME THIS IS TAKING A DIVE TODAY?
 
Posted by bobcat88 on :
 
If you still feel strongly about plni now would be a good buy back in time. Down 20% now buy and when we get back to .0108 good for a quick 35% gain. That is if you still feel it is headed beyond .01 again.
 
Posted by bond006 on :
 
Hi guys and gals I am still here not as strong as I was but none the less still have a position. I know that this sounds silly for a pink but there are a certain amount I keep and forget about and plni is one of thoes stocks. You may look at it a year from now and say wow. Just could not take the day to day fighting on this thread anymore but I am with you guys in spirt. GLTA
 
Posted by Bearclaw on :
 
Bond...Not fighting...

It's like putting my money down at a black jack table in Vegas...and...having State, Stockhunter and Grynder looking over my shoulder telling me what the blackjack games all about while holding tight to their own money...but not playing...

I'm hoping the pit boss comes and sends them to the slots with all the old ladies...
 
Posted by Murnak on :
 
SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong,
Singapore, and Australia.

Today, PLNI's products are
used in all 50 states and territories,
every province of Canada, throughout
the Caribbean and Latin American,
in Europe, the Middle East and
in Asia.

Its only going to get bigger and better!!!
 
Posted by bond006 on :
 
No problem bearclaw was nothing that was directed to you
 
Posted by ed19363 on :
 
Stockhunter has a lot of valid questions. First, let me say that PLNI is one of the more interesting stocks on the penny market, and I am PRO-PLNI for the most part. That being said, I, too, would like some of the questions answered BY THE COMPANY. Not by news articles and advertizements, but by the company itself.
1. What is the holdup on filing with the SEC on the Promold and Semco acquisitions?
2. Why has it taken 2 years to come up with an audit?
3. When will we get some kind of financial report on the health of the company?
4. When will a statement be made confirming the share structure?

If the company wants to be transparent and get new buyers, IMO it behooves them to come forth with this information NOW !!!!!
Until these and other pertinent questions are answered, it is stupid to put more money into it. Buying a pig in a poke with no concrete info can get you into deep doo-doo in a hurry.
Come on, PLNI, show us the goods. We are waiting with our checkbooks open. Your turn to speak to these issues. We've waited long enough, and there is no reason why this info hasnt been put out.
GO PLNI, DO IT RIGHT !!!!
 
Posted by clbgroove on :
 
quote:
Originally posted by Murnak:
sounds like a plan clb.............
I would think maybe a nickel or slightly hire!

Murn.....your thinking a nickle as the target????

Would love to see that!!
 
Posted by Bearclaw on :
 
Ed...
I disagree in this sense...Stock and State had "Opinions" not "Questions"....They gave unsubstantiated input based on a lack of information...they only knew what they knew and gave it their own twist...They are certainly not in any loop that is in the know...No one wanted to share information with them..There was a reason for that...

If you don't own a position in a company and continually criticize ...then what is the agenda? Now Stock, State and Grynder all don't own PLNI shares and have no intention of getting back in IMO...So what's the agenda? This smells paid basher to me...Here to shake out the weak hands for the MM's to pick up cheap shares...

I just got more shares at .0082 today after swinging at a higher level this morning...Do you consider that swing stupid because you don't have all the information you require? There are reasons why all that information is not out...but...some folks put a negatiove spin on those reasons and it seems others have bought into that theory...This stock was at .004-.006 not too long ago...That was certainly a time to consider buying...was it then stupid to buy? Come on this is pennies...

PLNI has more potential than 99% of the other penny stocks...The only decision here is to buy, sell or hold...or in Stock and States case...watch from the sidelines and criticize......not an investment option IMO...So if folks are here to make money they may want to look for other advisors...IMO
 
Posted by ed19363 on :
 
Bearclaw, we have different methods. I bought PLNI and several other companies after extensive DD, for the purpose of holding for a large gain over a period of time. I do not day trade or swing trade or whatever you call it. I am looking for the day PLNI makes the big board and trades over $1.00. Then I will sell. Toward that end, I would like the company to respond to the questions asked.
In other words, I'm not happy with $40 this Tuesday and $80 next Friday. I'm banking on PLNI and my other stocks to get me 6 or 7 figures in a couple years.
I do agree that bashing is a worthless pasttime, especially if you dont own the stock in question. But I still want transparency in any company I invest in, and timely information when things are not going as I wish. Selfish?? Yep, but then again it IS my money, and I am a stockholder. To me that means my questions get answered. I dont mind negative answers, that's what the sell button is for.
GLTA in PLNI. Let's GO !!!!!!
 
Posted by state780 on :
 
I will never entirely understand Bear's dismissive label of "opinions" for the facts that make this a riverboat gamble. It's a fact that no one can find pending filings for anything on Semco, or Promold. It's fact that the 5 billion a/s is still unexplained. It's a fact that we still don't have an audit. Other strange facts include the fact that Chopper reports a happy explanation for a Semco acquisition awaiting SEC approval, but those reasons--which if, as reported, would surely rocket the price--have never been included in a PR.

These facts do not necessarily mean everything about PLNI is dark and evil--they are just what they are, facts that must be weighed in the balance. There are elements on the positive side of the ledger including the fact that PLNI actually makes something, and so does SEMCO and Promold. I just disagree with the attitude of some that suggests there is something uniquely horrible about stating the negative facts. That's how analysis is done.

I guess what troubles me about Plasticon, and prompted me to sell where I did (at a level where I lost money but still maintained enough capital, after the recent rise to continue functioning as a trader, by the way) is that the strongest positives either cannot be independently verified or are based on subjective judgments, like trusting Jim Turek to deliver in a meaningful timeframe. And that's fine, I don't begrudge anyone making that case. But I don't entirely comprehend people who have a more positive view who feel the need to insult others who expess different conclusions.

Anyway, a tip of the hat to Grynder and others, and I'm not going anywhere. Have a great weekend, and may you all make money.
 
Posted by Bearclaw on :
 
Ed...
The different method is great...We all have our approach..."Whatever I call it" is swingtading for shares...It's a method that works well for me...This is where I'm at with your four questions and concerns...

The Semco and Promold issues have been answered...They are both concluded waiting for the SEC to formally sign off...The SEC is involved...The company has been up front in letting us know SEC approval is needed/wanted and coming in the near future. I don't think the time line is in PLNI's control..I'm waiting also...so is everyone else...I think it is tied to the application to move to the BB...

I don't know why the audit has taken 2 years but do feel that is very close...I also think they are tied in with the SEC and the Semco/Promold deals...

The company financials will come out with the SEC approval and submission to the BB ...That too is near IMO

I have stated several times that I believe a share buyback has been happening and believe that will be released when it is completed...It may be completed now...This is all IMO based on information that I have...so...take it for the offering...but...these opinions are the basis for my investment and my DD has been extensive since March 2005...
 
Posted by Bearclaw on :
 
State...
I've dismissed you as a basher...Wether you did it intentionally or were just unhappy it didn't matter...Your constant negatives were just as effective as a paid basher...

I also don't think you ever knew how to make money on this stock...There are a bunch of folks that have added to their positions and made very good profits...You were too busy looking for the reasons not to trust Turek and everyone connected with him...

I also think you and Stockhunter saw this investment as a glass half empty and I have never understood why you got in this in the first place...Never understood why you put all the time and effort and never looked into how to turn a profit...This is pennies not the NYSE...So you were easy to dismiss...

This is a life changing investment...IMO...A company that will be solid for many many years to come...Oh...and has a solid management team...I think you got this all wrong...and convinced others to follow your lead...

If you continue to come here with nothing invested...then it's an unreasonable resentment or bashing...take your pick...I'm in this stock for a long time, have worked my butt off and don't need your resentments to Turek or your bashing...whichever one it is but they both are the same to me...
 
Posted by state780 on :
 
Bear, you spend too much time analyzing me. It's a little strange. In any case I'm not going anywhere.

Have you ever said to yourself, "You know, I often accuse State of bashing Plasticon and having resentments and and so on, but he has never, not once, accused me of being a paid pumper or trying to sucker anyone into pouring more money into this. Hmmmm. Maybe he thinks I believe what I say--and maybe I should respect him for the same and start treating him as a brother."

Now you wouldn't have to say that in exactly those words, but something close would be terrific.


Some people appear to believe the Promold and Semco issues are answered. I do not, because no one can point to independently verifiable facts to back up their claims. Why is that important? Because of PLNI's track record with verbal communications. For example, Rodney told me that Promold was pending because it had been a public company once. Another credible poster on another board said Rodney acknowledged he really didn't know why either Promold or Semco were pending, and would ping Bill Howe for an explanation. This is the PLNI experience; anybody who has dealt with the company long-term knows this. Another example was witnessed by some of us at RB; PLNI booster rrm reported for weeks after the secret 5 billion a/s filing that Howe had assured him the float and the outstanding had not increased one iota. Then we learned of the new early December o/s, 2.3 billion, and float, 690 million. RRM to his credit acknowledged feeling a bit burned and sent an testy email to Howe.

I know I cannot sway Bear on this point, but I want to make it clear I'm not skeptical of PLNI for some random reason. It's the track record.

If there is a good reason for the "pending" status of Semco and Promold, PLNI should state so in an official PR. The fact that they haven't suggests two things to me: They are incompetent, being unable to recognize the pps value such credible information would provide; or the manner in which they are acquiring these companies is dilutive or worrisome for some other reason. Anyway that's my judgment. It could be wrong.
 
Posted by Bearclaw on :
 
State...
No you can't sway me and neither can Stockhunter...I don't act like a paid pumper but you and Stockhunter both bash PLNI and Turek...because things are yet unexplained only means they are unexplained...and certainly unexplained to you two...Your reasons for being here and not invvested is a good reason to ask your agenda...Why would you two even bother putting in all this time? If it's not to slam PLNI then what is it?

I clearly tell folks I swing trade this stock...and have since early spring to accumulate shares...I have told them it's a good swing trade stock and if they're interested to look into Swingtrading...If that's pumping then have at it...I don't treat people like a brother who bash my hard earned investment...

You have nothing invested...Your judgement has no value if your not risking anything...It's just BS...Don't you get that? I'm not alalyzing you...I'm saying bashers are dangerous to folks investments and you two act like bashers...
smart, polite bashers...Get it?
 
Posted by ed19363 on :
 
I get a kick out of all of you....
It doesnt matter if you are a pumper or a basher.
It doesnt even matter what you are perceived to be.
What DOES matter is that you dont take ANYONE's advice on a stock. Do your DD, study the company, find your own facts.
THEN invest if you feel comfortable doing it.
As much as you want, any way you want.
And then take everything that is said on boards with 10-15 grains of salt.
Wish you all luck no matter what your agenda may be. Let's all make money.

P.S. I wont blame any of you if PLNI goes south. By the same token, you aint getting any of the money if I get rich.....ROFL
 
Posted by Bearclaw on :
 
Thanks Ed...
Great points...I forget that sometimes when folks go after this company...It pizzes me off more than it probably should...and...your right I have done my own DD and do trust this investment in the way that I want to trade...thanks for reminding me...Oh....and...

You can't have my money either...but if we do get rich I'll buy you a few beers or whatever when we all meet up...Take care and thanks again
 
Posted by DQ. on :
 
Ed,,,Bear,,,I'm with ya!
For what my 2 cents are worth here is how I see things.
1. I do take note of Stocks, States, and others points. They do make some sense and they are wanting answers RIGHT THIS SECOND,,,but we can't always have our answers when we want them.

2. I have been in this stock since 6/04.....a very long time. As some know I rode this all the way to .0199 and back down never selling one share. (didn't want to risk my position)
Not saying it's the smartest way but it is my way. I see PLNI as Bear does...it is my retirement stock.
Although we see through a cloudy glass..maybe I'm just too nieve (spelling?)
I feel the Promold and Semco deals are done.
MY REASON??? If PLNI was releasing false information about Semco(or about purchasing it) in their PR's then Semco would be all over them like stink on sh*#$.
That ALONE tells me that the deal is either done or so close you can smell it.
I don't see PLNI releasing PR's about buying Microsoft because they are not and they would be in deep trouble.
This is what I focus on and this is why I'm not so worried about every little detail.
This isn't all just made up hog wash.
I'm not saying PLNI is revealing everything like they should but guess what...I don't sign their paychecks.
I wish everyone would stop all the bickering on the board.
PLNI is a very solid pink.
I have 1 mill. shares at a cost of 3800 bucks.
I'm not planning to sell til at least .10 for 100K.
This is my outlook for the company and this is my plan. Good luck to all in here and whether you're in or out is a decision that everyone has to make on their on.
But as I say...they are not fabricating all this or they would be in some very Hot Water.
By the way....my glass is ALWAYS half full and
at that point...pass another Bud Light please cause I don't want to see the bottom.
I will toast to PLNI.
 
Posted by joeyisthebest on :
 
I have been watching this stock the last few days and it has been looking like accumulation is happening.
anyone think this could get to the next level
 
Posted by DQ. on :
 
As you can tell by my post...I sure think so or I wouldn't be here. GLTA
 
Posted by state780 on :
 
Bear, you missed my point entirely.

Ah well, one cannot reason with unreason. I will continue to focus on PLNI, Bear will continue to focus on people who focus on PLNI. Others can judge which is wise.

GLTA, have a great weekend.
 
Posted by DQ. on :
 
I think State might need a nerve pill.
 
Posted by Bearclaw on :
 
State...
You sold for a loss...just move on to another stock...Folks who are shareholders here will continue to follow our investment...good luck with yours...
 
Posted by probe1 on :
 
Hello ladies and gentelmen
Im new to this board but have read your posts for last few weeks and found most of them interesting and informing.the one thing that i find kind of interesting is that some say they sold for a lose and seem a little upset about it.when to buy or sell is on me and me only.some one on ihub said they just sold for a lose next day got back in and ended up with 25000 more shares.I say congrats.But buy reading his posts if it would'nt have turned out that way he would'nt have blamed me you or plasticon.And that i can respect-with the way thing are going now WOW.
 
Posted by Bearclaw on :
 
Probe...Welcome and good luck...
 
Posted by probe1 on :
 
Thank You and the bast to you
 
Posted by probe1 on :
 
can i spell or can i spell
 
Posted by Buckeye on :
 
How's it going comrades. It's been quite some time since I posted. I'm more of a shadow lurker than a consistent poster. I find the more I post on a particular thread, the more money I lose (superstitious I know, but it works for me). I have held a position in the company since May of 04, and have flipped quite a few times on the way. I don't have much in the way of DD to offer, but do have that "right" feeling at the moment that only both good and bad experiences can teach you about SOME stocks.

BTW, thanks Bearclaw, Chopper, and Buytex for the steady DD and motivation. Our time is coming.
 
Posted by Chopper on :
 
Thank you Buckeye.
Nice to see some old friends back here on the thread again. It's been a long time coming, but I believe we are almost there. GLTA
 
Posted by state780 on :
 
Not going anywhere, Bear, except to the extent that some of us can multitask and participate in discussions on more than one board simultaneously.

See you Monday.
 
Posted by runningscared on :
 
Kind of like going to the bathroom and reading the paper at the same time? Hey, I'm a multitasker!!!

Oops. Sorry.

Yea, I'll have another one.. a little less ice this time.

Oops again. Wrong room.
 
Posted by Bearclaw on :
 
Running....

Mutitasking...funny stuff...but...more like...

The same as a woman wanting him out of a relationship for criticizing her all the time...When he finally leaves she says...boy isn't it nicer around here... then he starts calling the woman every day telling her why the realtionship didn't work out...even though he lost....it was her fault...He couldn't figure out it wasn't the woman it was him not understanding how to handle her...so...

Then the woman becomes successful and happy while he continues to criticize her....just wanting her to know that he was "right"...

Kind of the same as sticking around here with no position...he sold out and said he's done and took a loss....couldn't trust the management for not being forthcoming...now...as PLNI starts to become successful...well I guess we'll see if the PLNI and Turek criticism continues...always the same old complaints...
 
Posted by runningscared on :
 
Knoxville has to be one of the most beautiful cities in the world! Been there many times. That said, I learn and learn from the best of you guys.
I almost feel like I should pay some kind of tuition.
Thank you all.. sincerely.

I might also add, I've made many mistakes with PLNI.. but, despite them all.. being new to this fun world of penny stocks.. darned.. if I haven't made money, time and time again, despite myself.
You folks are great.

Again, I thank you!!!
 
Posted by Bearclaw on :
 
Runningscard...

I moved here in 1982 from New England...East Tennessee is a nice place to live...great for raising kids...Where are you from? This is what I've been tossing around the last several days and would be interested in your thoughts as well as others...

If PLNI breaks .01 in the next few days the next reasonable resistance level is .0104 and then
.011...If some of the news comes out as expected the resistance levels are around .0121 and .0137...Folks have already seen the resistance at .02...but then there's the PPS if Turek PR's all the issues folks are tossing around...

If Turek comes through with the unaudited financials, upgrade to BB, share buyback and the audit in the near future then all bets are off IMO...Semco and Promold are done with contracts in hand so the SEC approval is significant also...then announcements of those contracts...
then projected earnings after the merger/buyout.
There is probably more in the hopper....

That's a lot to swallow...but...I keep asking what if all that does occur in the near future announced in a planned timetable by PLNI...
damn...

I happen to think Tureks goal is to move to the American Exchange in the next 18 months...some folks, however, are speculating that move is part of this delay involving the SEC...skipping the BB and going straight to AMEX...I don't buy that ...My point in saying all this is it is my intention not to be too far away from my L2's for a while...

I looked at the trading last May and tried to determine how this may run...It helped a little but I think this will be a day to day, hour to hour and minute to minute thing if it runs on the kind of news Turek is talking about...and it's released in a timely manner over an extended period...anyway...I'm caught up in the middle of hashing these issues over and haven't settled with them yet...I think it's wise to have a plan so trying to put one together...The plan just may end up being fly by the seat of my pants...Have done that before...anyway time to get back to ....work...work...work...

take care...
 
Posted by YellowSubmarine on :
 
Off Topic - Science can be Fun..: "..Crock-O-Cluckasaur..", an ancient relative of the PLNI BashHoles has been discovered in NY.....

Fossil hunters make rare find in basement - Thursday, January 26, 2006; Posted: 3:02 p.m. EST (20:02 GMT)

WASHINGTON (Reuters) -- A toothless, two-legged crocodile ancestor that walked upright and had a beak instead of teeth was discovered in the basement of New York's American Museum of Natural History, according to a report published on Wednesday.

The 210 million-year-old fossil had sat in storage at the museum for nearly 60 years and was found only by accident, the paleontologists said.

The animal is interesting because it closely resembles a completely unrelated dinosaur called an ostrich dinosaur that lived 80 million years later, they report in the Proceedings of the Royal Society B, a British science journal.

"A lot of people, from seeing (the film) Jurassic Park know what an ostrich dinosaur looked like," said museum curator Mark Norell. "This is a case of convergence with the ostrich dinosaur. It evolved more than once."

The six-foot-long (2 meter) fossil is an archosaur, an extinct type of animal that includes the ancestors of dinosaurs, crocodilians and birds. It lived in what is now New Mexico, in the southwestern United States.

It was discovered in blocks of rock from the Ghost Ranch Quarry that were excavated in 1947 and 1948.

Scientists thought that all the specimens were Coelophysis, a small, carnivorous dinosaur that lived at the same time.

"It was collected in this quarry that literally had hundreds of skeletons in it," Norell said in a telephone interview.

Norell and graduate student Sterling Nesbitt were looking for Coelophysis fossils when they opened a plaster cast containing the archosaur, which they have named Effigia okeeffeae. The name recalls both the ranch and painter Georgia O'Keefe, who had an interest in the quarry.

Effigia is closely related to an ancient group of reptiles called crocodilians, which includes today's crocodiles and alligators. It was not a dinosaur.

Like other crocodilians of the time, it had a large eye, the researchers said.

Its skull and skeleton were very similar to those of ostrich dinosaurs, with a beak, a long tail, and two-legged stance. Its ankle, however, shows its relationship to crocodilians.

"There are still a lot of big questions about what they would have eaten," Norell said.

But he and Nesbitt noted that Effigia also resembles early theropod dinosaurs -- the two-legged carnivores.

So they reexamined some isolated Triassic reptile specimens and found that Effigia-like animals were common in the samples from western North America.

It could be, they said, that animals like Effigia dominated what are now the Americas, and that dinosaur evolution only took off after Effigia went extinct, leaving a niche.

Searching the storage rooms of museums often turns up treasures such as these, Norell said.

"Something that people often don't realize is that after you collect, it sometimes takes thousands of hours to remove the stuff from the cast for analysis," he said.

"Museums like ours are giant libraries of stuff."

http://www.cnn.com/2006/TECH/science/01/26/fossil.archosaur.reut/

.
 
Posted by ed19363 on :
 
Whatever you're smoking, I gotta get some....
 
Posted by runningscared on :
 
Good morning Bearclaw. Enjoyed your post, and thank you.
Originally I'm from Philly, but lived quite sometime in Huntsville, AL. Currently I'm living in the Carolinas.

I am neither sophisticated, nor knowledgable enough to do the indepth DD that others are sharing here. There are a core of people whom I have come to trust and I take what they say very seriously. They would include folks on both sides. I do my own DD, but given my limited experience, it is rather shallow compared to what others are doing.

I know many are frustrated with the PR's that are pumping PR's, but say what you will, you gotta admit Turek and company are really good at keeping this thing high on everyone's watch list.
That, to me, is not necessarily a bad thing. At this point I've taken the attitude that when things happens it'll happen.. such as the release of the audit.

A lot of people have made a lot of money off PLNI and that isn't bad either. I, for one, have been in and out a couple of times making money each time. Obviously, what I should have done last week was sell when it made that big run and buy back in when it took a dive. I could kick myself. I mean, what the heck was I thinking?
It is very difficult not to take profits when it's handed to you like that.

Having said that, however, I am taking a new position on this. As soon as I get the funds I will wait for it to drop a bit more, buy and increase my position and then forget about it.

I am going to do this because I firmly believe.. and please don't take this with even one grain of salt.. that by year's end.. conservatively speaking, and providing they don't screw with this too much.. it will be at a nickle, if not more.

Could be wrong, but I think once the audit is finally released, and it's a favorable audit, this thing will really soar. I'm just hoping I have a stronger position when that does happen. But even if I do and it does skyrocket, I promised myself just to leave it alone this time and see what happens down the road. But it's going to be tempting.

Got a feeling, though, that if I don't beat the audit I won't be able to afford an increase in my position. Still, humble as my shares may be - 143,000, down from 250,000 - I'll still make a hefty profit.
 
Posted by Ragedbull777 on :
 
Are these correct?

PLNI
Outstanding Shares: 2,300,000,000
Authorized Shares: 5,000,000,000
Float: 690,000,000
 
Posted by Double Diamond on :
 
I think they are. Anybody else ?
 
Posted by will on :
 
According to pinksheets.com this is the latest reported for and by PLNI. Last updated 12/7/05. What has happened to the share structure since then is unknown, because PLNI is a pink, and not required to file any changes effecting share structure.

Authorized Shares: 5,000,000,000 as of 2005-11-21

Outstanding Shares: 2,300,000,000 as of 2005-12-07

Float: 690,000,000 as of 2005-12-07

http://www.pinksheets.com/quote/company_profile.jsp?symbol=PLNI
 
Posted by state780 on :
 
quote:
Originally posted by Ragedbull777:
Are these correct?

PLNI
Outstanding Shares: 2,300,000,000
Authorized Shares: 5,000,000,000
Float: 690,000,000

The figure that is almost certainly correct is the 5 billion a/s. That's based on PLNI's (still unexplained) October-something-2005 filing with the Secretary of State of Wyoming, where Plasticon is now incorporated. IIRC, that's where Pinksheets.com got that figure.

The other two figures are those last reported by PLNI to pinksheets, I believe in December. There is no way that I'm aware of to independently verify them--no filing, etc. PLNI skeptics such as myself believe the o/s and float are likely to be higher.

Potential new investors should be extremely careful. If Plasticon delivers in the best-of-all-worlds scenario (file audited financials, acquire Semco & Promold, launch credible share reduction program) then I agree with those who believe the pps will skyrocket. As with any pinks, those are big ifs.

New investors should also not be misled by statements claiming or inferring Semco and Promold have been acquired by PLNI. They have not. There is some kind of ongoing process whose details are unknown.

The worst offender here is Plasticon itself, which has PR's with the headline Plasticon Completes Semco Acquisition and Plasticon Completes Promold Acquisition. Only when you read the complete PRs do you learn that these are "pending" or "awaiting" SEC approval. PLNI has yet to explain why these acquisitions require SEC approval, and no one, not even PLNI optimists, have been able to locate SEC filings that would be awaiting SEC approval.


It's a pink, which means you can always lose or gain money with extreme fluctuations. Just go in with your eyes wide open.
 
Posted by StockHunter on :
 
The best way to get a feel for the float, IMO, is to count the shares VFIN sells each day and add that to the float. My back of the envelope numbers are around 1 billion shares since the last update. For a while they were selling well over half the daily volume but that has fallen off at these higher prices. They can raise the same amount of money with fewer shares up here, and thus less dilution the higher it goes.

Its a little harder to figure the o/s. If we assume the insiders want to maintain their share (and control) of the company it is reasonable to assume they are issuing themselves more shares in a ratio to what they sell into the market. If they sold 1 billion shares and did not raise the o/s, then us little guys would now own close to 3/4 of the company. My understanding is that as a minority shareholder, JT could not vote and file increases in a/s and other corporate documents in WY as they've done in the past without shareholder(our) approval. I'm not a lawyer, so if there is some provision anyone knows of that would allow a minority holder to authorize an increase in a/s or issue shares without shareholder approval, feel free to contradict my assumption here(with links please).

I'd suggest anyone interested should check the WY SOS website every day for new filings. That is the first place we'll see changes in a/s. the o/s and float numbers are completely under their control, so nearly impossible to attain without making an educated guess.

WY SOS site:

http://soswy.state.wy.us/Corp_Search_Main.asp

Type in plasticon and hit enter, then hit the CID link on the left. The form that appears was last amended on 11/21/05. Look for changes in that date. I called WY and they said the 11/21/05 filing was simply to add 100 million preferred shares to the 5 billion common. They already filed for the 100 million preferred in April when they increased the a/s to 3 billion(from 2B), but apparently failed to include that in their october amendment(increasing the a/s to 5B from 3B) hense the november filing clarification. I got the November preferred stock info over the phone, FWIW, since I don't have a fax machine at home to receive the docs. I then called and left a msg asking them to add the 100 million preferred to the form on the web, but they still haven't changed that. You can get copies of the original docs faxed to you if you call them. The terms of the preferred stock(conversion ratios) are not known to WY SOS, and are not public as far as I could find, so no need calling for that info.
 
Posted by Chopper on :
 
Plasticon Announces That SEMCO's System Is Selected and Specified for Department of Transportation Surfacing Contract
LEXINGTON, KY -- (MARKET WIRE) -- 01/30/2006 -- Plasticon International Inc. (OTC: PLNI) announced today SEMCO's Ultimate Surface Effects® system has been selected and specified for the I-215 / I-515 Interchange ramp slope pavement project for the Nevada Department of Transportation (DOT).

"We are thrilled to be selected by the Nevada Department of Transportation on the Interchange project," said Samel Sem, President and founder of SEMCO Manufacturing. "SEMCO was specified for this project because our environmentally responsible system will allow the Nevada DOT to both improve the functionality of the freeway and to beautify the community at the same time. Our surfacing system will not only allow the DOT to use more vibrant color and design combinations, it will also enable them to prevent graffiti with SEMCO's proprietary protective coating, and to eliminate the absorption of water into the surface of the structure thereby prolonging the use of the freeway."

According to Jim Turek, President and CEO of Plasticon International, Inc., "We believe that the transportation sector offers one of the greatest opportunities for SEMCO's cutting-edge surfacing solutions. SEMCO's surfacing system is the most durable, versatile, environmentally friendly solution in the marketplace today, which makes them ideal for transportation projects and gives them a distinct advantage in the DOT selection process. As we increase SEMCO's exposure within the industry, we believe that architects and engineers will specify SEMCO's surfacing systems for more and more important contracts and projects as we move forward. And we believe that as environmental regulation continues to increase, demand for SEMCO's products will rise accordingly. The Senate recently passed a $285 billion transportation bill, so there's a wealth of surfacing opportunities to pursue in transportation. As the only company in our sector that is DOT (Department of Transportation) approved or accepted in all 50 states, Plasticon is in a unique position to help SEMCO expand their opportunities in the transportation sector."

SEMCO Manufacturing, based in Las Vegas, Nevada since 1991, has provided their surfacing products to many of the city's most impressive showcase projects, including a number of 5 star luxury resorts. Their eclectic customer base also includes high profile commercial, public and private clientele. Projects have ranged from critical government facilities (the flooring of the Pentagon) to elementary schools, community centers and many prominent parks and public works projects to the Bioshpere project, where the SEMCO team provided the materials for the creation of a lush, fully functioning indoor rainforest. SEMCO's product line is noted for its incredible durability which is why it is not only extensively used indoors, but also on heavily trafficked outdoor walkways, in extreme outdoor weather conditions, in chlorinated pool water and on rugged exteriors. SEMCO Manufacturing has offices in the U.S., Japan, Hong Kong, Singapore, and Australia.

Plasticon's acquisition of SEMCO Manufacturing, Inc. has been completed, and is now awaiting SEC approval. For more information about Plasticon International and for important updates, please visit the Plasticon web site online at www.plasticonintl.com. For more information about SEMCO Manufacturing, please visit www.semcomfg.com.

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
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



--------------------------------------------------------------------------------


Contact Investor Relations:
Rodney Marvel
Ph: 866 843 2775


SOURCE: Plasticon International Inc.
 
Posted by Murnak on :
 
Nevada Department of Transportation!!!!

This is the beginning of a great relation.....

can we handle all the states?

this could be huge!
 
Posted by DQ. on :
 
I agree...wish they wouls put a $$ firure with it.
Should move the PPS.
 
Posted by DQ. on :
 
Spelling??? still asleep I guess.
 
Posted by Murnak on :
 
Here is the project!
http://www.215515project.com/
 
Posted by Bearclaw on :
 
Munak...
Great find...thanks...
 
Posted by Chopper on :
 
From the Green Baron

Plasticon Intl. (PK: PLNI)

SEMCO Contracts Keep on Coming! Another Important PR Just Released Pre Market!

Plasticon Announces that SEMCO’s System is Selected and Specified for Department of Transportation Surfacing Contract

On Thursday last week, Plasticon hit another new high for the month at .0109 per share up as much as 179% since our January Effect pick price on December 30, 2005. Some profit taking hit the stock on Friday, January 27, but today’s announcement will likely stir things up once again. Plasticon’s new SEMCO division is producing some very prolific contracts and investors seem to be taking notice for good reason.

A Department of Transportation (DOT) contract is extremely significant. The signing of the contract with McCarren International Airport and now the Nevada DOT paves the way for other similar government related contracts throughout the country and the world. The recent contracts announced by SEMCO through Plasticon give further support and ammunition as a new marketing campaign is rolled out next month, February 2006 per its announcement last Friday, January 27.

The Green Baron Report is thrilled to see Plasticon deliver on its vision for the future. We have been believers in this Company for almost a year now and it is very gratifying to see a dream come true. There is still significant work to be done in the months ahead to make this a true success, but the signs are clear that Plasticon is headed in the right direction. Management and consultants close to Plasticon still have lofty goals ahead for the Company, and we maintain serious interest in the development of this Company.

Note: We thought by now the Company’s audit would be completed. Although we are frustrated that a press release has not been issued to confirm its completion, we maintain that Plasticon is doing everything it can to make it happen. The reason we bring this up is because we promised to air a new Green Baron webcast with CEO Jim Turek and senior consultant Bill Howe once the audit has been filed. We still promise to deliver an insightful interview as soon as it is possible.

LEXINGTON, Ky., January 30, 2006 -- Plasticon International Inc. (Other OTC - PLNI.PK) announced today SEMCO’s Ultimate Surface Effects® system has been selected and specified for the I-215 / I-515 Interchange ramp slope pavement project for the Nevada Department of Transportation (DOT).

“We are thrilled to be selected by the Nevada Department of Transportation on the Interchange project,” said Samel Sem, President and founder of SEMCO Manufacturing. “SEMCO was specified for this project because our environmentally responsible system will allow the Nevada DOT to both improve the functionality of the freeway and to beautify the community at the same time. Our surfacing system will not only allow the DOT to use more vibrant color and design combinations, it will also enable them to prevent graffiti with SEMCO’s proprietary protective coating, and to eliminate the absorption of water into the surface of the structure thereby prolonging the use of the freeway.”
 
Posted by ed19363 on :
 
And the PPS......drops of course.....
 
Posted by Double Diamond on :
 
seems logical, doesn't it --- wait until we get bad news ...
 
Posted by Bearclaw on :
 
Keep the faith Ed...this too will pass...

quote:
Originally posted by ed19363:
And the PPS......drops of course.....


 
Posted by RockLobster on :
 
and dropping.. any idea what's goin on? I thought that contract was "good" news...
 
Posted by state780 on :
 
The contracts are good news for Semco, but it's impossible to tell how good it is for PLNI or its shareholders because the acquisition has not been completed ("awaiting SEC approval") and its terms have not been divulged--there's a big concern over dilution of this stock.

Pinks are crazy and who knows what it'll look like by day's end. But some stockholders had counted on a PR on Dec. 30 saying information about share reduction and audit filing would be released by the end of this month. Didn't happen, so there's a reaction.

(recent PRs dropped saying anything about the audit, and langugage about share reduction has changed to "in the very near future")
 
Posted by McT on :
 
What does everyone think of this. This is what is shown on Pinksheets dot com when you ask for a quote.

"Pink Sheets believes adequate current information must be publicly available during any period that the issuer or affiliates of the issuer are directly or indirectly engaged in promotional activities having the effect of encouraging trading of the issuer's securities in the OTC market. Pink Sheets has observed that such promotional activities are occurring for this security, but that adequate current information may not be available. Consequently, Pink Sheets has removed the quotes from this website until such information is made available by the issuer to the investing community. investors are encouraged to use care and due diligence in their investment decisions. Please read our Investor Protection page."
 
Posted by ed19363 on :
 
In plain language, dont buy this POS until the company fulfils its promises regarding share structure and filings.
That's how I read it.
 
Posted by state780 on :
 
Not good, McT.

There's a little confusion over at one of the other boards (Ihub)--one one of the posters is saying the L2s have been restored. But I suspect he's getting his via the L2s embedded at the PLNI website, also supplied evidently by pinksheets. Every time I try to access the L2s via pinksheets d o t com directly, I get the message McT posted.

Briefly, the message means that for whatever reason, pinksheets did not feel it was getting adequate information.
 
Posted by runningscared on :
 
I think that's the problem.. no one was getting the information needed.
So, what do you folks think will happen next?
Other than, of course, the pps dropping like a crowbar in water.
 
Posted by will on :
 
....but the Green Baron said, "We thought by now the Company’s audit would be completed. Although we are frustrated that a press release has not been issued to confirm its completion, we maintain that Plasticon is doing everything it can to make it happen."

Doesn't that count? They're doing everything they can do to make it happen !
 
Posted by runningscared on :
 
Well Will, if they weren't I would suspect they are now.
 
Posted by ed19363 on :
 
Evidently it is not enough for some folks.
We've waited a long time for the audit.
 
Posted by TRM on :
 
plni couldn/t make a F A R t make a bubble under water
 
Posted by runningscared on :
 
Maybe that's the problem. Maybe they've got a piece of plastic rebard stuck up their -- forget it.
 
Posted by state780 on :
 
From another board (i hub)

=========

DTL.........just got off the phone with pinksheets.......They said in the interest of protecting investors, they requested some info from PLNI/ they blocked LII temporarily but they expect it to come down later today. This happens quite often with companies. They also told me that there is alot of promoting and spaming etc with PLNI so they requested some basic info which PLNI claims that they will have by the end of day. They said that they often do this to protect the small investor (guys like me who have been ripped time and time again). So I'll call Big Apple next and hopefully I won't run out of free posts.........If the news is good, a good time to add..........I really understand why people day trade...Make a certain percentage and get out before the drama and bashers hit........

==========
 
Posted by state780 on :
 
Looks like the L2 is back up again, though it was like running a slot machine for awhile...first the earlier message, then L2,then summary, then nothing then L2....but it's been up for awhile now.
 
Posted by Bearclaw on :
 
PLNI must have provided Pink Sheets with all the information they needed concerning the forward looking statements made by PLNI recently...That was what Pink Sheets was looking for today based on their public statement...

I wonder if that includes...Audit, share buyback, acquisitions of ProMold and Semco, and SEC involvement?
 
Posted by ed19363 on :
 
I doubt it. If that info was available to anyone, it would have been PR'ed....
IMO, this company had better come clean very soon.
 
Posted by Bearclaw on :
 
Well Ed...
What do you think satisfied Pink Sheets?
 
Posted by StockHunter on :
 
Back in early November, Pinksheets asked the company for updated share structure info. They have no regulatory power to compel them, so the only tool available is the one we saw employed this morning - stop the L2s and let investors know the info provided there is not necessarily accurate and/or up to date. The company dragged them along for a month before finally giving them some of the numbers (not the a/s though). The company did not give pinksheets access to the transfer agent, though, which would have been preferable for obvious reasons.

This whole process began again when the company started a new marketing thrust with the Dec. 30th PR. Pinksheets is looking for the share structure info. Since they gave them a month last time and never pulled the trigger on the L2s it would not surprise me if JT fell into a boy-who-cried-wolf sense of security this time. Lets just hope we get the updated numbers now. Its going to be harder for them to market their shares if that message comes back and they lose the L2s on their webpage.

This company should have known the day may come where they are forced to fess up on the shares and buyback BS. Given the lead time I would expect a really nifty spin job PR out of them. OTOH, maybe they feel so invincible (and invisible) in regards to regulators and pinksheets that they never considered the need to come clean. If thats the case we may get a repeat of last Dec 7th, i.e. a day or two of pissed of investors, then the re-romancing of the "faithful" until everyone is on board with the fantasies again. It worked before, so why not try it again.
 
Posted by runningscared on :
 
Maybe PLNI promised to remedy the situation very soon. Uh, it's not like it has never promised that before.
But, if that's true, it now knows it must come through quickly.
Don't mean to take up space here.. just wishful thinking.
 
Posted by Bearclaw on :
 
Stockhunter...
You have no way to verify that BS...You have no idea what happened between PLNI and Pink Sheets today...If you do please post the name and phone number of who to contact...

Give your buddy the "Worm' my regards since he's putting my posts on his site to motivate the Bears and the bashers...
 
Posted by StockHunter on :
 
FYI, from the pinksheets website. (This applies to all thier stocks, not just PLNI.)

"As a matter of policy Pink Sheets will not publish quotations on www.pinksheets.com for any security when it has come to the attention of Pink Sheets that the security is the subject of ongoing promotional activities and adequate current information concerning the issuer is not publicly available. Pink Sheets will not resume publication of quotations for such securities unless and until it receives a legal opinion, in form and substance acceptable to Pink Sheets, to the effect that adequate current information is publicly available concerning the issuer and the security and the information has been posted on the Pink Sheets News Service. See Pink Sheets Letter to Attorneys Providing Opinions with Respect to Promoted Securities (PDF)."

http://www.pinksheets.com/otcguide/issuers_index.jsp
 
Posted by Stock Jockey on :
 
I called the Pink Sheets today and they said it was a glitch in the programming and effected several stocks in the same manner. Sooooo WTH are you talking about?
 
Posted by state780 on :
 
interesting, stock jockey, but a completely different answer than that reported earlier today on another board by a PLNI optimist (I posted on this earlier today, in this very thread). He said:

===============
DTL.........just got off the phone with pinksheets.......They said in the interest of protecting investors, they requested some info from PLNI/ they blocked LII temporarily but they expect it to come down later today. This happens quite often with companies. They also told me that there is alot of promoting and spaming etc with PLNI so they requested some basic info which PLNI claims that they will have by the end of day. They said that they often do this to protect the small investor (guys like me who have been ripped time and time again). So I'll call Big Apple next and hopefully I won't run out of free posts.........If the news is good, a good time to add..........I really understand why people day trade...Make a certain percentage and get out before the drama and bashers hit.......
============
I would guess we're talking about something like that.
 
Posted by Stock Jockey on :
 
Well I guess if Plasticon was hiding something based on your theory, IT WASN"T MUCH. The pinks were up and running with quotes within an hr or so.
 
Posted by StockHunter on :
 
If we do get new numbers its important that they come verified from the TA. Last time the float number did not make sense (as I've discussed in detail before), IMO. There have been rumors on other boards about new share numbers that may have been obtained already from some time ago. If the company reports the numbers, and they are no larger than those rumored numbers, that would be a red flag for me.(VFIN has been selling all along, after all). This company has a history of admitting bad news only when it becomes publicly exposed and only to the degree that others have proven (e.g. the revelation of the increase in a/s back in october - see BAC related posts).

A boatload of shares have been sold through VFIN so the float should be up dramatically as well as the number of shareholders. I would view a big increase in shareholders and o/s without a roughly proportional increase in float with caution, especially if it does not come verified from the TA. I'm not predicting this will happen and I don't know the number, just taking note of past history and putting on my eagle eyes.
 
Posted by RockLobster on :
 
i took a loss of 10% on this one... lucky enough to get my sell off at .081.. a little to risky for me.
 
Posted by MUDDYPRONG on :
 
THIS IS MY FIRST POST BUT I HAVE READ EVERY POST FOR THE LAST 6 MONTHS ABOUT PLNI.I HAVE OWNED THE STOCK FOR 18 MONTHS. I THINK HOPE PLNI IS LEGIT BUT WITH MANY UNANSERED QUESTIONS. I TALKED WITH RM AT BA THIS MORNING.THE USUAL STUFF. PR DIDNT COME OUT ON TIME. JT WAS SORRY AND EXPECED THE PPS DROP BECAUSE OF IT.PROMISED THE SHARE RESTRUCTURE AND AUDIT WERE VERY NEAR-NEXT FEW DAYS.SOS.BUT RM HAS BEEN STRAIGHT WITH ME SINCE HE TOOK MATTS PLACE AND I BELEIVE HIM.HOPE NOT TO MY REGRET. WHILE SOME ON THIS THREAD SEEM NOT TO LIKE WHAT STOCK AND STATE HAVE TO SAY, I REALLY APPRECIATE THEIR VIEWS AND HARD WORK-DD. THEIR AND ALL OF THE STOCK HOLDERS QUESTIONS NEED ANSWERED-NOW. AFTER ALL, WE ARE PART OWNERS OF THE COMPANY. GLTA
 
Posted by ed19363 on :
 
Still asking the obvious question: Why, if the company has nothing to hide, dont they publish the numbers and get it over with.
It will never move if it isnt done.
Either they publish soon or risk being tagged with the "scam" moniker.
It would be so simple for them to come out with a PR explaining the whole thing. IMO, if they dont, they deserve whatever they get.
 
Posted by Stock Jockey on :
 
Leave your buddies Jeff and worm's garbage back at the SI board stock. I could print the same crap in reverse. No proof and you posting it 100 times doesn't make it so. All we have to go on is the Wyoming Corporation site and Pink Sheets. The rest is just bashing speculation and total BS.
 
Posted by Stock Jockey on :
 
Another poster from RB got the same thing from the Pink Sheets that I did!

By: transam73wi
31 Jan 2006, 12:34 PM EST
Msg. 36637 of 36797
Jump to msg. #
I talked to pink sheets , and they confirmed they do not know why it happened, and that there were several stocks that they had the problem with. I asked if they could have done it for whatever reason, not as part of the problem, but assumed it was part of the problem, and she said they have nothing on record to prompt the comments on the site for PLNI.

(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)
 
Posted by runningscared on :
 
Ed, I could not agree more. In fact, knowing that PLNI has to know what is going on.. and this being the last day for the promised audit, I am absolutely shocked nothing has come out of the company today. Even another stupid excuse.
Of course, that leaves a worst case scenario.. maybe those running the company are, in fact, guilty of everything being charged here. Ouch.
 
Posted by state780 on :
 
Thanks for the rational updates, Stockhunter. I think many people have overlooked the fact that even the bloated o/s and a/s share numbers provided in December were merely those reported by PLNI to pinksheets. There is very little about this company that can be verified independently. That's the Macro Red Flag.

Does anyone else think it's strange that none of the Semco contracts being PR'd are accompanied by dollar figures? (Not that they yet provide revenue for PLNI shareholders, but still)
 
Posted by Buckeye on :
 
WOULD SOMEONE PLEASE ANSWER STATE'S QUESTION!!!!!

WHY is there never a $ figure connected to a contract? I don't care if you love or hate State, Chopper, Ed, or whovever the hell has a position or no position here. THAT QUESTION IS TOTALLY LEGIT!!!!!!Now dammit, someone answer it.
 
Posted by state780 on :
 
One clarification, no offense, re runningscared's post. PLNI did not promise the audit itself by end of January, but rather "announcements regarding" the audit and a share buyback. I always interpreted that as an update of progress at best. Last time I checked, they dropped mentioning anything about the audit in recent PRs, and referred to news about a share buyback (I think I have this right--correct me if I'm wrong) as coming in the "very near future."
 
Posted by FatherWeebles on :
 
quote:
Originally posted by Bearclaw:
Stockhunter...
You have no way to verify that BS...You have no idea what happened between PLNI and Pink Sheets today...If you do please post the name and phone number of who to contact...

Give your buddy the "Worm' my regards since he's putting my posts on his site to motivate the Bears and the bashers...

Look buddy, PLNI promised many things (audit, share buyback +++) YEARS AGO. Why the hell are you still supporting them when their trying to snivel their way through without releasing valuable information. It blows my mind.
 
Posted by Stock Jockey on :
 
Buckeye...Not to be sarcastic but, It would be very easy to answer the Dollar figure question if we were Plasticon employees; but we are not.
I suggest that maybe a call to Rodney at Big Apple or Jim Turek would be in order here to find out. My guess is....Semco has a bunch of small contracts that add up to the Big Enchilada year end figure. With the current sentiment by some shareholders, No figure will be large enough for their taste. So what would be the point of publishing those small numbers. It would just give some people reason to bash even more.

It's not all the tiny contracts that matter! It's the year end figure that counts! GL

And NO, I do not find it strange state.
 
Posted by Bearclaw on :
 
I continue to support PLNI and Turek because I'm making money on this stock and expect this will be a terrific stock in the future...buddy...
That's why I invested in PLNI...To make money...
Not listen to a bunch of sniveling complaining bashers who don't own any or hardly any shares.


quote:
Originally posted by FatherWeebles:
quote:
Originally posted by Bearclaw:
Stockhunter...
You have no way to verify that BS...You have no idea what happened between PLNI and Pink Sheets today...If you do please post the name and phone number of who to contact...

Give your buddy the "Worm' my regards since he's putting my posts on his site to motivate the Bears and the bashers...

Look buddy, PLNI promised many things (audit, share buyback +++) YEARS AGO. Why the hell are you still supporting them when their trying to snivel their way through without releasing valuable information. It blows my mind.

 
Posted by UnknownTrader on :
 
Hate to say this (because I have stocks with this). But based off my analysis, this stock's EOD price tomorrow will be lower than today's EOD price. It will probably be a good opportunity for someone to get in as it get's lower. It's in short downtrend and probably will be for a day or two before it picks back up....IMO.

GLTA
 
Posted by Bearclaw on :
 
Unknown...
I agree with your analysis...Was thinking the same thing after close today...The support levels are lower...but a short downtrend is indicated....thanks for the analysis...Good stuff...two day swing opportunity available tomorrow...

Significant news throws all the charts out IMO except the resistance levels...so...trade carefully and lets see what we look like in the AM...if there is news and how significant...good luck...
 
Posted by TRM on :
 
news will be out soon because all 5 billion shares are almost sold, then r/s then audit, then move to another exchange, not nesacerly in that order but close, or maybe none of the above, maybe more precious promises, thats about all one can count on from them, lol
 
Posted by Bearclaw on :
 
TRM...
There will NOT be a reverse split or reverse merger if and/or until PLNI wants to move to the AMEX...that is probably 12-18 months down the road minimum...
 
Posted by Bearclaw on :
 
Bears and bashers are out in strenght all over the boards right now...Wonder why in such force? Looking for cheap shares?
Trade wisely and good luck during this volitile time...
 
Posted by FatherWeebles on :
 
quote:
Originally posted by Bearclaw:
I continue to support PLNI and Turek because I'm making money on this stock and expect this will be a terrific stock in the future...buddy...
That's why I invested in PLNI...To make money...
Not listen to a bunch of sniveling complaining bashers who don't own any or hardly any shares.


quote:
Originally posted by FatherWeebles:
quote:
Originally posted by Bearclaw:
Stockhunter...
You have no way to verify that BS...You have no idea what happened between PLNI and Pink Sheets today...If you do please post the name and phone number of who to contact...

Give your buddy the "Worm' my regards since he's putting my posts on his site to motivate the Bears and the bashers...

Look buddy, PLNI promised many things (audit, share buyback +++) YEARS AGO. Why the hell are you still supporting them when their trying to snivel their way through without releasing valuable information. It blows my mind.

It's one thing to have hope, it's another to support a company that has no credibility and then criticize "bashers" who have the fking right to know what's going on.
 
Posted by Stock Jockey on :
 
So call the the President of the company and get your answers weebles. No need in beaching at board members here. If your not happy sell the stock and move on. That is your right! It is also the longs right to support the stock. Credibility is apparently in the eye of the beholder. GL

Quote:
It's one thing to have hope, it's another to support a company that has no credibility and then criticize "bashers" who have the fking right to know what's going on.
 
Posted by StockHunter on :
 
quote:
Originally posted by Bearclaw:
TRM...
There will NOT be a reverse split or reverse merger if and/or until PLNI wants to move to the AMEX...that is probably 12-18 months down the road minimum...

There is no way to know for sure what they might end up doing. Its probably prudent to assume that anything could be on the table since this is an evolving situation. The company's PR many months ago saying they don't intend to r/s was covered by "Safe Harbor" and thus holds no legal weight. We have seen too many instances where they have given one impression in a PR (or made absolute statements), that later turned out not to be representative of the facts.

As far as the effect of a r/s goes, these stocks usually go down not so much because of the r/s, but because of the dilution that led to the r/s and the likelyhood that it is being done to facilitate more selling(dilution) at a more friendly price. A trustworthy company that does an r/s to move to another exchange and is transparent, and commits to not selling more shares can actually be rewarded with a higher share price(though usually after an initial drop). Plasticon does not fit that latter description, IMO.
 
Posted by StockHunter on :
 
The obvious reason the share count is so important is to let investors know what percentage of ownership their shares represent. Another reason is to shed some light on the Semco financing and merged company valuation.

Semco is a real company with real products, real customers and real potential. The owner is willing to sell the company that shares his name. He is not likely to give this away as an act of charity. It will have a cost. Most sales of successful companies occur for a premium to where they would trade in the open market (if public). There has to be something in it for the owner, otherwise, why sell instead of handing it off to your offspring? The acquiring company is willing to pay the premium because they believe they can get more value out of it over time to overcome the initial premium paid. The synergies of concrete waterproofing products and Plasticons construction products business provides reason to believe Semco under Plasticon can be bigger and more profitable than Semco alone. If Semco were merely a concrete sealant inventor in need of a vehicle to advance his product, the takeover price would be cheap and thus the potential to grow beyond that would be enormous. But Semco is already a mature entity, will likely carry a big price tag, and therefore the potential multiplier must be tempered.

Plasticon has issued PRs stating emphatically that the acquisition is non-dilutive to shareholders. For the sake of argument, let’s say they are being totally truthful with that statement. Then we must ask how much would a company with worldwide offices and significant sales sell for and how could this be financed. If one were to look at the list of projects they have undertaken would the implied sale price of the company be $5 million, $10 million, 20 million? Certainly it would not come very cheaply. (Anyone with more ‘concrete’ estimates is invited to share the metrics). Keep in mind PLNI has a market cap (using their 2.3B o/s) of $17.5 million.

If the deal is non-dilutive that means they cannot raise the funds by issuing shares or options or warrants. That also means no PIPE financing or loans backed by equity. A company with limited revenue taking over a larger company would likely have to pledge the assets of the acquired firm as collateral. Remember the leveraged buyouts of the 1980s? If they could actually find an entity to finance the deal it would likely come at a very high interest rate given the risk to the financier.

A non-dilutive Semco deal would likely not produce a very big multiple to revenues due to an extremely high debt burden. Another concern for the market would be the risk of a management change if Mr. Sem decides to take his money and run. A non-dilutive deal means Mr. Sem and the rest of Semco’s management would not have an equity stake in the company. Their primary incentive to stay would be salary. Leaving current founders and management without an equity stake in the new company is almost never a good thing.

The non-dilutive scenario is the most risky and least desirable in my opinion. When burdened with massive debt and new management, a company is at great risk of failure. Business as usual or a little better will not get the job done. They would likely have to ramp up significantly to survive the debt burden.

I don’t believe there is much chance at all that the Semco deal will be non-dilutive to shareholders. I consider those statements to be as reliable as the “retired shares” or “awaiting SEC approval” statements. I am going under the assumption that they are playing semantic and lawyerly games here or just hiding under “Safe Harbor”. If they were to issue warrants or options that kick in at a higher pps or at a future date they can claim the deal is “non-dilutive” at this moment in time and the current stock price. The dilution occurs if and when the company’s value rises. This also allows for current management and owners to get an equity stake in the company going forward. An equity incentivized management helps maintain relationships and goodwill they’ve cultivated over the years. This is the more logical and safer strategy for the company and the shareholders, IMO. But that scenario would not necessitate the selling of hundreds of millions of shares or more into the open market, as we’ve been witnessing with VFIN.

Another possibility is the company could be paying cash for these acquisitions (along with other capital and personnel expenses). That could explain the stock sales. It would be the least risky and most advantageous for JT since he could maintain his equity stake by issuing himself more shares to compensate for those sold into the market. It would also be a debt free way of financing the company, leaving a much healthier balance sheet. It’s the best approach for everyone but the current shareholders who see their equity stake reduced with each new share issued.

The structure could be a blend of all these scenarios – some cash (through stock sales), some equity (warrants, preferred stock, options) and some debt (loans, possibly secured with Semco assets). It could also be some other complex configuration beyond that put forward here.

There is no way to know for sure what this least transparent of companies is doing. Any change in share structure, especially one inconsistent with a stated share buyback and retirement program, would shed some light on the likelihood of the scenarios listed above. Just something to keep in mind when valuing the Semco piece of the Plasticon puzzle.
 
Posted by mbmaid on :
 
Thanks for your DD Stock. As much as I hate to say it, but god, you make so much sense.
 
Posted by bobcat88 on :
 
That was deep, but very informative as to all the variables that we could be looking at with PLNI. Thanks Hunter
 
Posted by Buckeye on :
 
Stockhunter's post and the responses by mbmaid and bobcat88 shows that both sides can help each other. One thing we can agree on is that we all want PLNI to succeed, BUT succeed via integrity.
 
Posted by Bearclaw on :
 
Stockhunters posted the same thing for months now in many manifesto's....time and time again...He has become one of the stars on the "Worms Website"...now that causes a reason to pause and be concerned...

Yes, his posts are well thought out and very convincing...if you are pesimistic about the future of PLNI or riding the fence and are easily swayed...He just has the dilution theory wrong...When it all falls out what you may see is a significant share buyback...

If that's the case then stockhunters and the "Worms" theory and efforts to discredit PLNI and Turek will be nothing but pure speculation gone bad...We'll all find out soon enough...
 
Posted by bobcat88 on :
 
I would just like to know how much of Promold and Semco Plasticon owns. Plain and simple.
 
Posted by Bearclaw on :
 
Forgot to mention...

Stockhunter has a very limited position with PLNI and State doesn't own any shares at all.

So the question is why the huge effort by this tag team to discredit this company?
 
Posted by mbmaid on :
 
Until the PR's are made regarding share structure, all we have are theories, both negative and positive, and all must be taken into consideration.
 
Posted by Bearclaw on :
 
All of them...

quote:
Originally posted by bobcat88:
I would just like to know how much of Promold and Semco Plasticon owns. Plain and simple.


 
Posted by bobcat88 on :
 
credit these to Braden32601 on another site

Semco products:
http://www.floortec.net/index.html (click on "concrete stains/toppings)

semco overseas

http://home.comcast.net/~hometechdesign/semcoshowroom1_2.jpg
http://translate.google.com/translate?hl=en&sl=ja&u=http://home.comcast.net/~hometechlink/&a...

more stuff
http://cbp.mondosearch.com/cgi-bin/MsmFind.exe?query_encoding=UTF-8&user=diy&lang=en&EN=...
 
Posted by Bearclaw on :
 
Bobcat...
Thanks for the DD....
 
Posted by state780 on :
 
Bear, one could just as easily say that since you own shares, why the huge effort to boost this company? Let's focus on what matters--the company.


Superb StockHunter post, thanks for taking the time to write that. One new wrinkle there is that I'd never thought about the importance of keeping on current management of what is, by all evidence, a successful company--and how that could hurt the shareholders in pure dilutive terms in the short to medium run.

All I can add is that the relationship between what PLNI says and what it does is shaky. The verbal mis-statements are well known to longtime players, including Bill Howe's statement to rrm (on another board) that the stock had not been diluted "one iota" just before we learned about the higher 2.3 billion o/s and 690 million float. Then there was Matt Maguire telling me that PLNI's a/s count had been at 5 billion for the entire time Big Apple was with Plasticon, about five months by that point--impossible, since that conversation took place within a week of the October a/s-increase filing.

Then of course there are the PRs themselves, with the failure to provide an announcement about the audit and share buyback in January only the latest example. Other deceptive actions include decscribing the Promold and Semco acquisitions as complete, only mentioning they are awaiting SEC approval (for undisclosed reasons) later (usually much later) in the PR. And that funny PR about PLNI "media coverage," which is just a lie--those were advertisements.

That is the kind of history, I presume, that helps persuade Stockhunter that it's possible PLNI cannot be counted on to respect its statement not to do a R/S. I think any rational person looking at that history would at least have suspicions!

All of which is why I said recently that Mbmaid's attitude was the wise one--approaching PLNI as a riverboat gambler.
 
Posted by state780 on :
 
Plasticon does not own, to coin a phrase, one iota of Promold or Semco.
 
Posted by TRM on :
 
Thats it then thats when we get the audit, 12-18months, lol.
 
Posted by Bearclaw on :
 
State...
You really are out of touch with this...All that needs to happen is SEC OK's the purchase...a formality...Products are being produced and sold with the $$$$$ going into PLNI's coffers...Soon you will see the profits that will be generated and you won't own one share...

quote:
Originally posted by state780:
Plasticon does not own, to coin a phrase, one iota of Promold or Semco.


 
Posted by Thorn on :
 
I think the reason for the concern for a non-stock holding person is obvious: they are (or rather were) considering buying in. That was their analysis. What else would it be??
 
Posted by TRM on :
 
heres another senerio plni to purchase xyz co to further snergy concret industry!!!! AUDIT WILL BE out shortly directley sooner or later, LOL
 
Posted by state780 on :
 
Bear, either you own something, or you don't. According to PLNI itself (if you read the PRs as opposed to headlines), the acquisitions are awaiting SEC approval. You are familiar with the term "awaiting?" The differences between present and future tense?

Do you have your own private language in which the word "owns" means "will own"? That's fine, but when investors and potential investors come here to learn whether PLNI owns Semco or Promold, I'd hope you'd feel obligated to speak truthfully and clearly.

"PLNI does not yet own Semco or Promold, but I am confident they will" would be a helpful response from a PLNI optimist, for example.

Not "all of them" in respose to the question How Much Does It Own. Because that's just not true.
 
Posted by TRM on :
 
Forgot here comes another 5 billion surprise shares added to the other 5, lol
 
Posted by TRM on :
 
From the G Barron we still believe every word plni tells us, even though we are a little discouraged, because we had to sell the shares they gave us really cheap to avoid the r/s, lol
 
Posted by state780 on :
 
By the way, there is one other scenario I've been playing out in my mind. Obviously, PLNI has been sending out a blizzard of PRs to distract from failing to meet their own January pledges of audit and buyback news. And equally obviously, I think, PLNI really must have a deal in play to buy Promold and Semco--even I don't think they'd issue all those Semco PRs without something behind them.

Two possibilities come to mind. One, Jim Turek thinks he can just get away with this nonsense forever. He has so far, so why not?

The other possibility is that they know they have a lot of bad news on their hands (more audit delays, no buyback deal of any consequence, maybe a dilutive Semco acquisition) and don't want to release that until they have something positive to release at the same time. In which case, hopeufully, they are indeed working on something else that's positive.

Just a thought.
 
Posted by Bearclaw on :
 
State...
All your scenerios are played out in your mind...
 
Posted by McT on :
 
Hopefully to any one reading this thread its clear no one knows what Plasticon has really been doing with their stock. Some people seem to love the stock and trust what is being said in the PRs (Bear), others feel the company’s track record over the past year is full of making promises and failing to meet them (Stock and State).

For the record, I am on the fence, waiting for more information before I do anything with this stock. I love the idea and the possibility of the stock, but hate the lack of disclosure.

Probably the most important question to me is if there has been additional sale of stock or if the outstanding share count is still 690,000,000? Since no one has hard knowledge, can we look at sales volume as an indicator? In the past week the average volume has been over 100,000,000 shares with yesterday being something like 230,000,000. Also in the past week we have not had any huge runs or drops (for a pink sheet stock, I don’t consider 15% or so a huge move in either direction).

So for those that track stocks, is it normal for 14% (average, 32% yesterday) of the stock to be sold in any one day? Is it normal to have that as an average over a period of a week? If this occurs with other stocks, what type of volatility would you expect?

This week the entire published share count has been traded. In that time the stock has moved about 25% up and is now 10% down from where it started. For such a high volume of shares that does not seem like much of a move to me.

Thoughts?
 
Posted by state780 on :
 
McT, that's an excellent line of inquiry. I'm not certain what to make of it, but I'll add this (to my skepticism)--on another board, a PLNI optimist said that 2.1 billion shares had been traded in January. The float as listed at pinksheets as of Dec. 7 is 690 million. That would mean the entire float was traded about three times in one month. Personally, I doubt that. In other words, I think the float is higher.

It's just an inference, but that's where I am.
 
Posted by Bearclaw on :
 
McT...
Good post...thanks for the input...

State...Why does it not surprise me you think the float is higher..? No evidence of that just pure scepticism...You must have played on a sports team that never won a game...You need enthusiasm and teamwork to win...not someone sitting on the bench beeching...
 
Posted by state780 on :
 
Bear, have you ever noticed that I virtually never attack your motives, wonder why you say the things you do, insult you, or otherwise focus on the unknowable psychology of some guy I never met?

In a quiet moment, away from the board, have you ever contrasted that pattern with your own?

I benefit from the observations of optimists and pessimists--observations about the company. If there is a good case to be made that the float and/or outstanding have not increased, I trust you can make it, with due respect to all fellow posters, focusing on the company itself.

I will say this: Part of my reason for believing the float and o/s may be higher is based on past performance. The company has shown that it does not feel it needs to explain much about its share structure, which I think should make everyone quite wary. To this day, the company has never admitted the 5 billion a/s filing in a PR or explained why it made that filing. The company also keeps referring to the 200 million share reduction it supposedly made without ever referring to the half billion or so shares it simultaneously added during that period (compared to the earlier 1.8-2 billion o/s figure and 500 million float).

That is why I am skeptical.

And yes, I personally find it hard to believe the entire float has turned over three times in one month.
 
Posted by Bearclaw on :
 
State...
That's because I'm a shareholder and your not...It's about money...for you it's about being in your head...What are you risking???

Put your money where your mouth is or go find a stock you can trade and leave this investment alone to the people who are risking their hard earned cash...This isn't a Economics class at some Community College where folks like you and Stockhunter can verbalize your theories for a grade... This is real life risk and your not risking anything ...GET IT YET???


"Bear, have you ever noticed that I virtually never attack your motives, wonder why you say the things you do, insult you, or otherwise focus on the unknowable psychology of some guy I never met?"
 
Posted by state780 on :
 
Ah, back to the psychoanalysis of someone you do not know.

Anyway, I tried.

Not going anywhere, won't be bullied away, as I stated before. Get used to it.

For others following the stock: I'm watching PLNI as a stock I know very well, and I hope you can benefit from my conclusions, though you must form your own and take responsibility for them. I try to explain the chain of reasoning leading to my outlook, and you can decide for yourselves if I'm making any sense.

One reason for my continued interest is that if it collapses, I may play a bounce.

Bear seems to believe that only current shareholders are permitted to post here, but I, and allstocks, do not share that opinion, so feel free to join in.
 
Posted by state780 on :
 
Oh, and Bear, you had exactly the same pattern of personal abuse and attempts at psychoanalysis when I was a shareholder. Ditto with other stockholders who are less optimistic than you are.

I just think it's more productive to focus on the company.
 
Posted by upod2006 on :
 
Hi all. I've been following this thread for quite some time and felt compelled to post today.

I enjoy the insights from the positive outlook and the negative. I bought several thousand shares of this stock a few months back and took the recent downfall to increase my holdings today.

Thanks to everyone for their DD input. It has been a great help for making decisions after doing my own DD.

UPOD2006
 
Posted by Bearclaw on :
 
Pshchoanalysis...That's funny...Maybe you could use some of that !!!

No this is just one "INVESTOR" making an attempt to rid this thread of two basher "NON INVESTORS"
If you were interested in swing trading you would have already done it..when it was tanking fron .018 to .004...You sat on it the whole time whining...Now, after all your bashing BS your claiming an interest to buy again...hahahahah
How's that analysis?

quote:
Originally posted by state780:
Oh, and Bear, you had exactly the same pattern of personal abuse and attempts at psychoanalysis when I was a shareholder. Ditto with other stockholders who are less optimistic than you are.

I just think it's more productive to focus on the company.


 
Posted by state780 on :
 
Does bullying work in other parts of your life? Because it doesn't seem to be having much of an effect on me. Let me check...nope, I'm still here.

quote:

...Now, after all your bashing BS your claiming an interest to buy again...hahahahah
How's that analysis?

Sophisticated.
 
Posted by state780 on :
 
Thanks for the positive vibes, upod.
 
Posted by Bearclaw on :
 
Of course your still here...Job Description...
 
Posted by successinstock on :
 
state....i'm a little curious too that you have so much time to post about a stock/company that you don't have any shares in.

Seems pretty odd unless your retired and/or have loads of time.
 
Posted by Chopper on :
 
ME TOO.....??????????
 
Posted by Grynder on :
 
[QUOTE]Originally posted by Bearclaw:

No this is just one "INVESTOR" making an attempt to rid this thread of two basher "NON INVESTORS"


The self appointed Barney Fife of Allstocks.
Pretty much makes any thread he's on unreadable/unproductive. At least they only give him one bullet (bitternes).
 
Posted by Bearclaw on :
 
Welcome to the Grynder...
Speaking of Mr. Bitter...Another basher who holds no position with PLNI...he swore never to trade in pennies again...hahahahaha...

The Worm recruiting more help on this thread Grynder???? Stockhunter and State not able to handle it...so they bring in Curley to help Moe and Larry hahahahaha
 
Posted by Grynder on :
 
like I said bear, unreadable/unproductive. You come across like a bitter old man about to loose his shirt.
 
Posted by state780 on :
 
guys, at this moment in my life, I do have lots of control over my time. Why? Money. I have a bunch of irons in the fire, some of which may pan out, others may not. At some point I may have to (yikes!) get a full-time job again.

I will assume you do not mean to slander me the way Bear does--the more frustrated he gets when he can't shout someone down, the more wild-eyed his accusations and abuse. And, to restate a fact that seems to be misunderstood, allstocks does not require people to own stocks before posting on this board.

Now guys, if you would like to add any, you know, due diligence or educated-guess analysis about PLNI--you know, the topic of this board?--have at it. I admit I've contributed to the poor signal-to-noise ratio today after StockHunter's excellent posts, but in my experience bullies feel empowered when their abuse succeeds, and this we cannot have.

Back to PLNI. Anyone?
 
Posted by Bearclaw on :
 
Only to you Gryner...The guy who promised not to return to this thread...Remember that? What's the matter...lose your azzzz on Google and looking to vent?
 
Posted by Grynder on :
 
I play when and where I want. Your just upset that I bailed on CNES and told it like it was.
Whats the O/S increase now ? 8.6 billion over the last 12 months ?
 
Posted by Chopper on :
 
Ok Gents... Let's take the personal stuff to PM Please....
 
Posted by Bearclaw on :
 
Ah...
That's from the Momo school of bashing hahahahah You just moonlighting with the Worm today...Don't forget to take the meds on time...you know how you get...
 
Posted by Grynder on :
 
I'm not goin anywhere. bear is out of line with his personal attacks towards anyone posting "unbear like thoughts". It's getting old and to possible investors watching this he does more harm than good. Very poor comunication skills bear, and very offensive to logical/mature followers of this thread.
 
Posted by Bearclaw on :
 
Man is that funny Grynder...All three of you own no shares...so...why are you here...Maybe to help the boss pick up cheap shares?
 
Posted by Chopper on :
 
You guys are giving me a head ache! Can't we all just get along?

Brainstorm the stock Gentlemen...
 
Posted by Grynder on :
 
quote:
Originally posted by Bearclaw:
Man is that funny Grynder...All three of you own no shares...so...why are you here...Maybe to help the boss pick up cheap shares?

Misinformed, misguided, misrepresenting,
you just plain missed bear.
Just more ramblings......
 
Posted by Bearclaw on :
 
Oh really?
Aren't you the guy who promised to stay off this thread when you came in rambling a month or so ago...???? Wasn't that you? You broke your promise...I won't call you a liar...just fibbed a little...???
Do you own any PLNI Grynder? It's funny that you show up at the same time there's a bashfest of Bears on all blogs...Coincidence?
 
Posted by Grynder on :
 
"funny that you show up at the same time there's a bashfest of Bears on all blogs...Coincidence?"

maybe were just all getting tired of you bear.


Said I would drop the subject, not disappear.
Too much good info here when your not around to muck it up.
 
Posted by Bearclaw on :
 
Now your lying...no more fibs hey?
 
Posted by Grynder on :
 
quote:
Originally posted by Bearclaw:
Now your lying...no more fibs hey?

Carefull bear.
 
Posted by Bearclaw on :
 
Of what?

I'm done with you...just thought you were a mean basher...Now your just dishonest...or is it just forgetful?

Oh...so how many shares of PLNI do you own...

Go back to Bashville and get a dinner of crow with the rest of the bears...Bulls eat here!!!
 
Posted by Grynder on :
 
quote:
Originally posted by Bearclaw:
Of what?

I'm done with you...just thought you were a mean basher...Now your just dishonest...or is it just forgetful?

Oh...so how many shares of PLNI do you own...

Go back to Bashville and get a dinner of crow with the rest of the bears...Bulls eat here!!!

Never posted any DD or anything of substance, on any site, only personal attacks. It's the only way you know. I never even mentioned PLNI and you call me a basher ? LOL. bear, your the only person I've ever seen on these boards that does no DD and still thinks their everyones personal savior. Your way out of your league.
 
Posted by hopefultrader on :
 
I have been more of a reader than poster. Usually can't add anything to the info given. I feel compelled to respond to all the trash talk. I for one have been in this stock for two years. I have made money and lost money. I for one am glad past stock owners have stuck around to keep the newbies informed of the stock management of this company. i wish they had been around when all I saw was blue skies and this was the one that would make all my dreams come true.
This company still has all the potential. It actaully has products and seems to have a business plan in place to be huge. Unfortunately for stockholders, we may never see the benefits of the profit. 1. Forgiving Jim's other company's debts and 2. Stock price won't go up until audit numbers are really produced 3. Stock structure itself.

I am still in and hoping, but reality should not be withheld because we want others to think this is all blue skies and jump in with eyes closed. I appreciate all opinions about the stock, company and management, but hate to waste my time reading about what posters think of each other. Thank you for all the info over these years!!!!
 
Posted by Old Investor on :
 
Bearclaw

My hat goes off to you for standing up for your investment. You do it better than anybody. Thanks for standing up for mine and everybody else who has laid down their hard earned to try and make an honest return.

For all the others who have no shareholder interest and seem to have nothing else to do with their time but to try and beat this stock down:

You knew coming in this stock trading business is nasty, cut-throat and dog eat dog and it hurts to get bit. Mother isn’t listening to you. She is only listening to the money. How many times have you been told not to marry a stock? Those long drawn out divorces are pretty darn nasty don’t you think?

GLTA
 
Posted by Bearclaw on :
 
Hey Old...
These guys show their faces mostly as PLNI retraces...They were napping on the recent run to .01+...It's all over the blogs...the bears are trying to push PLNI way down...they know it's a winner...so the plus side is we're not long off...the sooner the better...

Thanks buddy
 
Posted by runningscared on :
 
Don't mean to pass this on when I should be doing it myself, but I'm at work right now and can't.

That said, has anyone attempted to get ahold of anyone at PLNI to see what's going on.

On any given day it always has a PR. Now that the poop appears to be hitting the fan, we get nothing.

I would really like to know what the company is saying. One would think it would post something about the audit and other issues. I mean, they KNOW people are pizzed and all stockholders are now hurting.

This thing just keeps getting worse and worse and people are.. as you can see.. getting bitter.

Hope we can turn this thing around.
 
Posted by Bearclaw on :
 
Running...
Everyone's being referred to Apple...so far I haven't heard anything substantial...
 
Posted by FatherWeebles on :
 
Bearclaw sounds like one of those immature little brats that gets their favorite toy taken. Grow up e-bully. For the love of god...


-Stock

Tried to sell twice, including during the peak in Late Jan, but that same day the stock started its downward spiral. Now I'm hoping something will bump it back up for a little bit. That may be askin too much atm.
 
Posted by Bearclaw on :
 
Lets see...Weebles....
You signed up this month and have 28 posts...
Yah...Your the guy I'll listen too...If you don't understand what's going on then stay out of it...Sit back and learn Newbie...
 
Posted by Grynder on :
 
"Sit back and learn Newbie"

Let Barney handle it.....

hahahahahahahahahahaha
 
Posted by Bearclaw on :
 
I took our argument a while ago to PM Grynder...Keep it there if you have anything else to say...Basher
 
Posted by Grynder on :
 
You took it to PM to throw profanity at me.
I dont appreciate your choice of language.
That should have been clear.
 
Posted by Bearclaw on :
 
Poor Grynder...Your lies and insults were acceptable to you? Poor,Poor basher got his feathers ruffled...

Keep it on PM or shut up Grynder...
 
Posted by Grynder on :
 
quote:
Originally posted by Bearclaw:
Poor Grynder...Your lies and insults were acceptable to you? Poor,Poor basher got his feathers ruffled...

Keep it on PM or shut up Grynder...

Da Grynder never lies.
Insults ? depends on your level of maturity.
Shut up ? NEVER !
Basher, .......laughable.
 
Posted by Bearclaw on :
 
Here's your post that started this Grynder...You don't have the guts to keep this on PM and off this thread...A liar and a coward too.......You attacked and your getting your due you hired basher...

Bashers come on to threads to push the PPS down...Last time Grynder was here was to push this below .005 and he returns on the retrace now...He'll disappeart again when it runs again...


quote:
Originally posted by Grynder:
[QUOTE]Originally posted by Bearclaw:

No this is just one "INVESTOR" making an attempt to rid this thread of two basher "NON INVESTORS"


The self appointed Barney Fife of Allstocks.
Pretty much makes any thread he's on unreadable/unproductive. At least they only give him one bullet (bitternes).


 
Posted by Grynder on :
 
Your bordering on slander now bear. Making a statement like that and knowing full well its false is beyond absurd. I'm done with your childish, immature tantrums and name calling. Grow up, learn to interact with others on a mature, respectable level and maybe, just maybe we might take what you have to say seriously.
 
Posted by Grynder on :
 
Who's we??? ......INVESTORS !

unlike you and the other pump n dumpers.....
 
Posted by Bearclaw on :
 
I've tried to get you to keep this on PM...I'm not going to reply here anymore...
Have at it...it's all yours basher...
 
Posted by ed19363 on :
 
Somebody should shut this thread down, or at least start banning somebody. The way it is, it is about useless as far as information, and I'm sure it was not intended to be that way.
Why cant you guys knock off the bickering unless you have something useful to contribute
PLEASE !!!!!!
 
Posted by Bob Frey on :
 
You guys need to take your crap off the board. Please!
 
Posted by bobcat88 on :
 
Back to the issue at hand, PLNI. Been doing dd all day trying to find any info on Semco. Contacted the Nevada DOT and there is no record of them using any Semco products on the I-215/I-515 project, all bids for any work done/to be done on the project were done over two years ago. The McCarran project, cant find any info on this. From the airport itself could'nt find any mention any resurfacing contract or anything related to Semco. All of the news releases that I come across are generated in Lexington, Ky by Plasicon (yes I know that is the headquarters), they all say corporate news advertisement and have the Safe Harbor label. I have found no real news article involving Plasticon, Pro-Mold, or Semco.

I am a shareholder with 480,400 shares now averaged at .0061 now and I am just trying to find out some facts about the company that I am invested in and I'm not bashing or pumping.
 
Posted by bobcat88 on :
 
Also the World of Concrete show has no listing of Semco attending, not to say that some of the people that work at Semco didnt go to the show but Semco was not representing itself at the show. From what I could find anyway.
 
Posted by Bearclaw on :
 
Bobcat...
This was posted on another site...I'm not sure if it is valid or not but may give you a place to start...

"DD-Could this be the item in the news release? Hope this is correct. Nevada DOT contract #3290 awarded on 1/26/06 to Frehner Construction. Frehner beat out Las Vegas Paving. Total winning bid 61M. Item # 5022389 list a 'Concrete Stain' on pg 2 (of 7)in the bid proposal for total cost(bid price) of $415,965.50. Approx 17.5 K. at $6.50 *."
 
Posted by bobcat88 on :
 
Steered me in the right direction, thanks.

Just got off the phone with Frehner and they referred me to Robison-Prezioso the painting/ sealing subcon, talked with the guy that did the bid and he said the concrete stain specked out for the project was not the Ultimate Surface Effects from Semco. He said that the Semco product was about 4 times more expensive than what they went with. His company has never use any Semco product. It is more of a high end product.

It would just be nice if Plasticon would inform us of what is truly going on! Hope one of you can show me that I'm wrong about this.
 
Posted by Bearclaw on :
 
Bobcat...
That's all I have...if you track it down please let me know...thanks
 
Posted by will on :
 
"Just got off the phone with Frehner and they referred me to Robison-Prezioso the painting/ sealing subcon, talked with the guy that did the bid and he said the concrete stain specked out for the project was not the Ultimate Surface Effects from Semco. He said that the Semco product was about 4 times more expensive than what they went with. His company has never use any Semco product. It is more of a high end product."

I'd say that was a pretty good job at first hand DD, and a good job "tracking it down".
 
Posted by baggy on :
 
What are the chances that PLNI is remaining silent to intentionally drive down the PPS before aannouncing the share buyback program.
 
Posted by StockHunter on :
 
Bobcat,
Major kudos for the intense DD work. And Bear, thanks for advancing that reference.

The thread is back on subject.
 
Posted by will on :
 
The first part of your proposition might be more accurate than the latter part. The PPS is down, it has been driven down by PLNI's silence, but I highly doubt it is because of a planned buy back, probably more like the result of dilution.
Back in November it was speculated that the UNUSUALLY HIGH VOLUME was due to a company share back, and/or accuumulation. Some here took the position that it was the evidence of dilution, only to be ridiculed and labeled bashers. On 12/7/05 PLNI updated its share structure on pinksheets.com PROVING the advocates of the dilution arguement to be correct.

....but to answer your question I would say the chances are slim to none, and slim just left the building.

quote:
Originally posted by baggy:
What are the chances that PLNI is remaining silent to intentionally drive down the PPS before aannouncing the share buyback program.


 
Posted by successinstock on :
 
url for the Nevada DOT contract 3290. Although it does not specifically match the PR, it is definitely in the same area as the attached.

http://www.nevadadot.com/business/contractor/bulletins/bidlist.asp?id=427&mode=&offset=&searchfor=

The Nevada DOT post does not have Semco or PLNI listed as the awarded contractor.....
 
Posted by successinstock on :
 
url for McCarran Airport projects.

http://www.mccarran.com/04_05_CurProjects.asp

Which one was awarded to Semco?

Apple needs to learn how to spell McCarran. It isn't McCarren.

http://biz.yahoo.com/iw/060125/0107369.html
 
Posted by Bearclaw on :
 
Bobcat...
Can you PM me, or post your point of contact, and phone numbers for your post? Thanks
 
Posted by bobcat88 on :
 
I didn't catch the name of the guy from the DOT, I just sent an email from the DOT web site asking about the 215/515 project for info and he called back after about an hour. He stated that Frehner was awarded with the contract so I gave them a call at 702-649-2530 and the project engineer that wrote the bid said the stain/sealant portion was through a sub contractor. He gave me the contact for Bob Elom with Robison-Prezioso 702-243-4812. He is the guy that stated that they were not using the Ultimate Surface Effects from Semco because it was way too expensive, more of a high end product.

Guess I need to write down names while researching, kinda new at this as this was my second stock pick ever back in Nov., right along with MOTG. Based soley off the recommendations from you guys on this site. I didn't do any research on either of them just had sold my house and thought I would use some of the profit as play money, and see what I could do with it. Have lost about half on MOTG and PLNI is back in the green. Very addicting, I can see why some of you get your feathers ruffled very easily!
 
Posted by state780 on :
 
As I said over at RB, the lack of info about Semco does not suggest to me that none of these contracts happened--more likely is that Semco's role was small as a tiny subcontractor on those projects--maybe even a sub of a sub, and who knows if those are listed in state contractor offices. That would help explain why PLNI has not included any of the contract amounts. (Though it is extra-weird that supposedly bids and awards on the highway project were wrapped up two years ago).

In any case, whatever consertation is occurring after bobcat's superb DD could be avoided if PLNI listed the dollar amounts with each contract. Basic.
 
Posted by bobcat88 on :
 
When I stated that the bid was wrapped up over two years ago that was the contract for the construction portion of the interchange, My bad. They are nearly complete with the construction and traffic is about normal and they are ready to start with the "beautification" portion of the project. The they stopped accepting bids in early Dec. and awarded the contract on Jan 26th. They are hoping to have the interchange fully completed by the beginning of Oct.

One thing to keep in mind about the subcon thing is that Semco just produces the product, it doesn't sound like they are the ones that are out there applying the surface. The subcon just heads to the supply store and purchases the sealant that is what my take on it is. You or I could buy the Semco product and DIY from the sounds of it, well for $650 in training anyway. http://www.semcomfg.com/workshops.htm

I find it strange that I have only been able to find one link to anyplace that offers to sell the Ultimate Surface product also. http://www.floortec.net/

Hopefully with the promised PR's coming out I will have my fair amount of backpedaling to do.
 
Posted by state780 on :
 
excellent clarification, bobcat.
 
Posted by FatherOfTwo on :
 
FWIW, I finished buying a very nice sized position today.

I expect some very nice things to begin happening here again!

GLTYA

And nice DD Bobcat. Thank you for sharing! I have been very busy and not able to do much of anything, trading wise!
 
Posted by state780 on :
 
Updated share count at pinksheets:

Outstanding: 3,727,740,100 as of 2006-01-31

Float: 2,304,576,805 as of 2006-01-3

(a/s still at 5 billion)
 
Posted by state780 on :
 
I cut off the date on the new float--sorry--just like the outstanding, it's 2006-01-31
 
Posted by will on :
 
will
Member


posted December 14, 2005 19:09

will
Member


posted December 09, 2005 17:48
--------------------------------------------------------------------------------
I expect it to recurr without a doubt, it's a relatively easy way for the company to get $ for ANY purpose they choose. Especially a nonreporting pink sheet.
--------------------------------------------------------------------------------


The "it" I referred to was dilution. They do it a couple of times and it becomes too easy to pass up. Selling shares is a lot easier than working for money. Being a pink they don't have to tell anyone anything. It looks like they knew what they were going to do with that unreported, unpublished, increase of A/S to 5B.
 
Posted by BuyTex on :
 
dilution is both a necessary evil--sometimes--and also a biiigggg temptation.
 
Posted by successinstock on :
 
we need to hear from the company ASAP.

Thought the acquisitions of Semco and Pro-mold would cause no shareholder dilution?

Thought they were in a buyback/retirement mode?

Thought they were profitable?


Will we find out the answers to these questions or do we now know what the answers are?
 
Posted by Bearclaw on :
 
Success...
I suggest coming up with a game plan to use this information to not suffer a financial loss...
I am in the middle of a swing so am in a cash position...I will be looking at the charts and asking advice as to where the PPS may go...I hope I get it figured out by open...

I'm thinking it may swing south in the AM hard then north hard but am not sure yet how far it may retrace...Lot's of work to do....
GLTA
 
Posted by will on :
 
Thought?

I doubt very much you will find any answers regarding where the shares went.

Did they go to finance the Semco ProMold deals?

You do know those IR Firms and pump services like GB cost a lot of shares. I wouldn't think they cost 1.7B shares though.

You are expecting full disclosure and transparency via an audit before the move to higher exchange. It isn't gonna happen.

Don't be discouraged though, you can always swing trade it. USXP has 3B O/S and look what it did today. GZXF has 3B O/S, it didn't go completely down the toilet, yet.

Not much left to say. I'm sure there is someone, somewhere, with his glass still half full.
 
Posted by successinstock on :
 
for me there is not much to do but either sell or hold and see how this thing shakes out.

The company says on one hand they are committed to retirement or buyback and then behind the PR's they dump millions of shares. Again, they need to let their investors know what the he$$ is going on before they have no investors.
 
Posted by will on :
 
I pretty much quit posting here the middle of December, but have read the thread since. It isn't like people didn't present some well thought out opinions based on the preponderance of evidence, but a lot of longs chose to ignore it. They were browbeaten, and bullied, and labeled bashers. AGAIN it appears they are on the right side of the arguement.

quote:
Originally posted by successinstock:
for me there is not much to do but either sell or hold and see how this thing shakes out.

The company says on one hand they are committed to retirement or buyback and then behind the PR's they dump millions of shares. Again, they need to let their investors know what the he$$ is going on before they have no investors.


 
Posted by Highwaychild on :
 
"The company says on one hand they are committed to retirement or buyback and then behind the PR's they dump millions of shares."

That's where they lost this investor.
 
Posted by BuyTex on :
 
I'm sorry, I don't get "sell or hold": this has been a good swing play of late...
 
Posted by Bearclaw on :
 
Exactly Buy Tex...
This may behave like GZFX did recently...That played more like daytrading for about three weeks using similar swing principles...that's a great swing stock too...Folks can make some good bank here if they play the dips right...Sell high buy low...

quote:
Originally posted by BuyTex:
I'm sorry, I don't get "sell or hold": this has been a good swing play of late...


 
Posted by DQ. on :
 
Morning folks,,,wonder what today holds with no PR?
 
Posted by StockHunter on :
 
Last time pinksheets asked for info from the company(early Nov.) the PRs stopped for a few weeks. I don't think they wanted to get that warning msg put up so they suspended the misleading PRs. I think we'll see the same thing here. The warning put up a few days ago should have the effect of a shot across the bow.

I don't expect to see substantive PRs for a couple of weeks. If we do get anything, I don't think they will be of the misleading variety we have become accustomed to.
 
Posted by StockHunter on :
 
The float increase from the last update of over 1.6 Billion looks extreme, but I think that's partly because the float they reported to pinksheets in Dec. was lowballed. By counting the VFIN shares the float back then was probably more like 1.0B, so the increase since then would have been 1.3B. That would be in line with the sales we saw with VFIN.

Not sure this really means much in the big picture, but could clear up confusion for those who have been counting VFIN trades this past month and scratching their heads. Plus it lends credence to my suspicions the verbal numbers JT gave pinksheets back in Dec was another deception. This time it was faxed and looks more legit. I always trust the written over the verbal.
 
Posted by will on :
 
What were the original figures before VFIN was selling before November ?

1.8B O/S
500M Float

???
 
Posted by state780 on :
 
quote:
The float increase from the last update of over 1.6 Billion looks extreme, but I think that's partly because the float they reported to pinksheets in Dec. was lowballed
I wondered about that--when most everyone was fainting over the 60% higher o/s, I was falling out of my chair over a float that more than tripled.
 
Posted by runningscared on :
 
Anyone know what the pre-market looks like for this?
thanks
 
Posted by state780 on :
 
will--are you asking if those were the figures? In any case, those are close to the earliest ones I remember (I originally bought in last May, before selling out maybe 10 days ago). The smallest outstanding I remember at pinksheets was 2.0 billion; for awhile, some were claiming it was really 1.8 billion because of an earlier share reduction PLNI was talking about (while simultaneously diluting).
 
Posted by state780 on :
 
L2s are available at pinksheets dot c o m. right now 64 X 65 (four at bid, one at ask)
 
Posted by runningscared on :
 
Thanks State
 
Posted by OhhhYeah on :
 
wow.. wtf is going on?
 
Posted by imakmony2005 on :
 
going to the .0030s
 
Posted by StockHunter on :
 
Here's an interesting article on BAC regarding allegations of fraud in their dealings with a Canadian penny stock. Something to keep in mind for when the damage control starts in few days. Remember, a lot of these touts may still be stuck holding shares and will need to pump. OTOH, the difference between the float and reported o/s is not that great, indicating either the touts don't hold much having been dumping all along, the o/s number may not be accurate, or insiders have been dumping as well. If the numbers are correct that would mean that JT and insiders only control 38% of the company. That is hard to believe and pretty remarkable if true. I need to find out how it could impact their ability to issue shares w/o asking or informing shareholders.

BAC article:

http://www.siliconinvestor.com/readmsg.aspx?msgid=22120430
 
Posted by state780 on :
 
quote:
Here's an interesting article on BAC regarding allegations of fraud in their dealings with a Canadian penny stock. Something to keep in mind for when the damage control starts in few days.
Yep, which is already in gear. Shad over at rb just called Rodney of BAC, and reported that Matt Maguire "is not upset" and the "shares were used in companys best intrest.. " Turek's, certainly.

Ohhyeah--pinksheets posted a float increase of 330% and higher outstanding share count of 60%. (3.7+ billion)
 
Posted by clbgroove on :
 
Was that the big shake???????
 
Posted by bobcat88 on :
 
Apparently still shaking
 
Posted by OhhhYeah on :
 
ahhhh with float increase that makes sense.. I was thinking the price was dropped for buy back purposes.
 
Posted by clbgroove on :
 
Just wait till they do the same thing for Semco that they did last year for PLNI.

New website and mareting campaign and price shoots up and they promise audit again and again and a new group of bashers will be around then you swing it again!!
 
Posted by StockHunter on :
 
quote:
Originally posted by clbgroove:
Just wait till they do the same thing for Semco that they did last year for PLNI.

New website and mareting campaign and price shoots up and they promise audit again and again and a new group of bashers will be around then you swing it again!!

I'm afraid you may be right. Its been quite some time since they've even mentioned Blulinx or plastic rebar supports. A recent Semco PR said they expect it to be the largest revenue source for the company.

Given their previous history of changing the name after the Wicklund name became entangled in the bankruptcy filing, another name and symbol change may be in the works. The Plasticon name is getting a bit tarnished. When people start calling it Plasti-CON, then its time to change the billboard.
 
Posted by clbgroove on :
 
Good point. I didnt even think of that cause needless 2 say I'm so confused by these guys at this point but i did pick up more in the 48s early this morning!! Couldnt resist my dumb self!!

Long and Strong!!! LMFAO
 
Posted by FatherOfTwo on :
 
clb... I grabbed an extra 1 million myself. Like you I could not resist.

I suspected the increase in O/S for a long time, as they didn't have enough cash flow to purchase these two companies and the new injection molding equipment outright.

PLNI still only has a market cap of $20 mill even with the increased O/S. The Promold facility, equipment and customer base alone are worth that amount.
 
Posted by FatherOfTwo on :
 
I am guessing that we close around .0066-.0070 today!
 
Posted by state780 on :
 
So FOT-you suspected that Turek was being deceptive when he said the acquisitions would not be dilutive? And when he issued PRs about an imminent share buyback at the same time he was diluting?

How does that reflect on anything he has claimed about Promold (remember them) or Semco? I'm just wondering what formula you use to decide when Turek is misleading us and when he isn't.
 
Posted by bobcat88 on :
 
So would you feel more comfortable with your money riding on USXP or PLNI *.0060?
 
Posted by StockHunter on :
 
Interesting to note that VFIN is on the ask again. Even on a day like today they feel a need to sell more shares. They did try to support it briefly at .0006, but quickly backed off in the face of massive selling.

Congrats to those who bottom picked well - up over 20% right now - but keep in mind you still have competition on the sell side and as we found out yesterday they have very deep pockets.
 
Posted by successinstock on :
 
if we hit .007 today....i am out. I have been in this too long. Tired of the "soon" crap. I would be fortunate to walk away from this even.
 
Posted by state780 on :
 
well, anything can happen with a pink, success. GLTA playing the bounce. The truth is it can go in any direction. The problem with PLNI is you have to play the stock on emotion (hopefully the market's emotion, not your own) rather than anything the company says. IR (Big Apple/BAC) either doesn't have a clue or just flat-out lies. PLNI itself, at an absolute minimum, has no compunction about deceiving the public, as illustrated by dumping shares at the same time it was putting out PRs about a buyback. If they launched a buyback now, they would be keeping that pledge only in the most lawyerly sense, not in any way that governs normal honest communication between parties.

The other day I watched a pinksheet fall from $2.60 to 40 cents in one day. A likely candidate for a bounce. It held steady at that level for two days, then fell to 25 cents.

Much more thinly traded than PLNI, though. GLTA, there is money to be made in bounces but only by skilled and lucky riverboat gamblers.
 
Posted by FatherOfTwo on :
 
state....

The fact that they increased the A/S, used shares to acquire assets,is not right,when they said the acquisitions would not be dilutive. HOWEVER, we have no idea what the agreements look like as far as how the shares were leveraged.

I have been to and seen the Promold facility years ago. My father still visits there for other business about once per quarter. When they said they purchased the Pre-eminient facility in the mid-west, they weren't lying. That facility and operation is worth nearly what PLNI market cap is right now!

I am holding long, as I still believe PLNI to hold a lot of potential. As a small, start up company, they are in a major growth period, and using their shares is one step in funding that growth.

The one question you must ask, is what did they receive in return for issuance of those shares, and is the value of the assets worth what they paid, and can it provide a significant return on their investment?

The answer to these is Yes, Yes and YES!
 
Posted by StockHunter on :
 
quote:
Originally posted by bobcat88:
So would you feel more comfortable with your money riding on USXP or PLNI *.0060?

I don't have enough clean underwear in my drawer to trade USXP. Now, that's what I call volatility.

That brings up an interesting investment opportunity. If there was a way to find out what companies are buying suber bowl ads before they are aired (or promoted) there could be some hot stocks in there.
 
Posted by StockHunter on :
 
quote:
Originally posted by FatherOfTwo:
state....

The fact that they increased the A/S, used shares to acquire assets,is not right,when they said the acquisitions would not be dilutive. HOWEVER, we have no idea what the agreements look like as far as how the shares were leveraged.

I have been to and seen the Promold facility years ago. My father still visits there for other business about once per quarter. When they said they purchased the Pre-eminient facility in the mid-west, they weren't lying. That facility and operation is worth nearly what PLNI market cap is right now!

I am holding long, as I still believe PLNI to hold a lot of potential. As a small, start up company, they are in a major growth period, and using their shares is one step in funding that growth.

The one question you must ask, is what did they receive in return for issuance of those shares, and is the value of the assets worth what they paid, and can it provide a significant return on their investment?

The answer to these is Yes, Yes and YES!

Nobody knows for sure where the proceeds from the stock sales and issuances went. Whether to buy the facilities they said they would not dilute to buy, or to pay off JTs bankruptcy debts, or salaries, or loans to other entities he controls like he did in the past with TBLU(then forgave the loans), or to pay touts to help sell more sales, etc....

To state so emphatically that they got us value for whatever they did given their dishonest behaviour is a reckless assumption, IMO.
 
Posted by bobcat88 on :
 
Finally cut my losses on CRGO and am now the very nervous /proud owner of 528200 shares of USXP. Think this will be a very short short. Nothing like buying in at the top of a spike hoping for an even bigger spike.
 
Posted by DQ. on :
 
Well guys and gals...THAT DOES IT! After holding 1 1/2 years I sold out my entire position today. Not NEAR the profit I could have had at .019 or even .015 but a small profit. I'm so tired of all their lying crap. I will move elsewhere and PLNI can cram it.
I will maybe buy back in a few months when the PPS is at.0019 or lower when they fire up the whole new (we are completing our audit crap) and suckering in all the newbies again.
IMHO this stock will NEVER have an audit. It's just the way they make their money.
Good Luck to all in here. I will keep checking.

Note: looks like my Home Run retirement stock ended up being about $1200 bucks....will probably move more into PBLS.
GLTA!!!!!
 
Posted by state780 on :
 
quote:
When they said they purchased the Pre-eminient facility in the mid-west, they weren't lying.
Actually, they were, in the headline of their PR announcing the completion of the Promold acquisition. It's "pending" SEC approval, for unstated reasons. In any case nothing has been purchased yet.
 
Posted by StockHunter on :
 
Good luck DQ. No one can ever accuse you of lacking patience.
 
Posted by FatherOfTwo on :
 
DQ...

At least you are moving on to another good stock! If there such a thing down here in penny land!
 
Posted by state780 on :
 
seeing some of this on other boards:

quote:

IR's Jackie says dilution was used to pay for services (lawyers, accts.) and had nothing to do w/ the acquisitions; expect PR's next week but she doesn't know what they will be about; audit and buyback news 2 weeks away

Those must be really expensive lawyers and accountants.
 
Posted by DQ. on :
 
Thanks Yall...now that I'm out it will probably jump to .10.
 
Posted by will on :
 
See, there's nothing to worry about. The audit is coming, and they'll probably increase the amount of the share buy back too.
I am learning so much here. Guys taking a sizable postion, and suspecting that the O/S was being diluted 200% and the Float was being diluted 460% in the last three months, but being brave enough to buy into that suspicion, shows a lot of courage. Timing, wow! what can I say about what I have learned about timing, guys holding long, and suddenly changing stragedy right before bad news hits. I just can't believe my good fortune that I get all these lessons for free. I sure wish I was that smart and shrewd.
 
Posted by DQ. on :
 
quote:
Originally posted by will:
See, there's nothing to worry about. The audit is coming, and they'll probably increase the amount of the share buy back too.

Yea Right!
 
Posted by Old Investor on :
 
quote:
Originally posted by will:
See, there's nothing to worry about. The audit is coming, and they'll probably increase the amount of the share buy back too.
I am learning so much here. Guys taking a sizable postion, and suspecting that the O/S was being diluted 200% and the Float was being diluted 460% in the last three months, but being brave enough to buy into that suspicion, shows a lot of courage. Timing, wow! what can I say about what I have learned about timing, guys holding long, and suddenly changing stragedy right before bad news hits. I just can't believe my good fortune that I get all these lessons for free. I sure wish I was that smart and shrewd.

will

Take shrewd over smart any day.
 
Posted by Murnak on :
 
here is a thought....

How fast do you figure they get paid by Bluelinx!
Once the cash flow evens out they can buy back shares but I imagine it takes a lot of product to get a basis order into each of 65 warehouses..............maybe get pd in 90 days???
 
Posted by ed19363 on :
 
And this has what to do with the lack of filings and the PPS dropping like an anchor??
 
Posted by DQ. on :
 
Well I'm gonna ramble a minute. I desreve to I've held PLNI since 06/2004.
I've got to say I am so dam disapionted in PLNI I don't EVEN know what to say.
I was pi$$ed this morning cause my sell order would NEVER go thru til it was finished falling.
Sold at .005 and bought at forever ago at .0038.

It absolutly blows me away that PLNI closed at .0063. They now show that the O/S is 3.2 bill. (or whatever) after they repeatedly said there would be NO dilution.
LIARS!!!!!!!!!!!!!!!!!!!!
They now officially have more shares than fish in the sea.
That's all they are. LIARS!
When I bought 1 1/2 years ago it was because they were moving to the OTCBB. SURE, SURE, SURE...just like they are now right?????
It's a bunch of crap! They are not doing anything but making up crap cause they know investors thrive on it.
Think about it folks....they have been in business since what....87. That should tell you something about how they work the crowd.
They pay for ad's in IBD and try to make it sound like a story being done on them. This is one shady company...period.
I can say this....why...I was a long time investor swallowing all the BS thinking this would fly.
State,Will, and Stock were right all the time. Every time they pointed out something...they were bashed and bashed hard.
They were just stating the facts.
What are the facts you newbies ask????
We have waited on an audit for over 2 years now and something ALWAYS comes up to prolong it....WHY...cause their won't ever be one. It's just their way to salvage the PPS when falling. Don't kid yourself....they know how to play the game and play it well....they are Pro's.
This IS NOT....I repeat NOT a long term hold. Nothing more than swing on the ups and downs. I would bet my house that this will be trading at .006 2 years from now and you can go thru the posts and read the same old BULLSH!T over and over again. ( completing that audit)I'll bet 2 years from now we are still waiting on those final numbers for the audit. It's just right around the corner.( like that carrot)

Sorry folks..Old Time investor just venting his frustration here now that it's all over BUT.......take heed folks.
I'm right on the money with this.
Day trade and swing trade but holding long will probably ruin your year.
Good luck to those holding this BAG of you know what.
I'm sorry if I have offeded any holders but HEY....I just call em' like I see em"
If I was face to face with Jim I would probably beat the livin' sh!t outta him then cover him in rebar supports and then bury him in 6" of cement.

What a gullable dumba$$ I was.
Screw me once Shame on you....Screw me twice shame on me.
And to think they don't even furnish Vasoline....shame on PLNI.
GLTA!
 
Posted by will on :
 
will
Member

posted December 09, 2005 22:34
--------------------------------------------------------------------------------
You will never see an independent audit. They may swear to it, promise it, but it will never transpire.

will
Member

posted December 09, 2005 23:03
--------------------------------------------------------------------------------
Look, a lot of people were convinced the dilution was a stock buy back or accuumulation, because they had or have trusted sources. This is a pink sheet. This management is an experienced in pink sheet ploys, tactics, stradegies. They're talking about an audit, so they can move to a bigger board. How often have you heard that, and more importantly, how often does it really happen? I thought I saw a post where less than 15 companies, on the pinks moved up in a one year period, it just doesn't happen often, but is regularly said and/or promised. People have their hard earned cash invested in this, they want to believe the best, they don't want to feel foolish or duped, they will believe the most ridiculous senarios to save face or just not feel like they have poor judgement. These pink sheet operators know this and exploit it. Look at those poor people who still believe there is something good going to come out of CMKX. As far as meeting a guy, and reading his sincerity, well, a lot of people met Urban Casavant, and invested more afterwards.
Just the fact that the float was diluted by 38% while "trusted sources", and company misleading PR's were telling people to belive otherwise should be more than enough to convince any reasonable person the company isn't playing fair. They will continue to promise great things on the horizon, and continue to not achieve them, because of some outisde force, whether it be, the SEC approval, MM's, NSS, or whatever they can think of. Eventually they will either have no choice to R/S or R/M leaving investors with much less.
Can I prove or back up any of this? Heck no ! Is it just an opinion, Damn Right! Have you all seen it before? Damn Right you have. Does even the strongest supporter of companies like this have these doubts in the back of their minds? Damn right they do.
 
Posted by state780 on :
 
DQ, I think you earned the right to say whatever the heck you want.

Sheesh, take a trip down memory lane. This thread, which now numbers 97 pages, started with the following post:

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

LEXINGTON, Ky., Aug. 24, 2005 (PRIMEZONE) -- Plasticon International Inc. (Pink
Sheets:PLNI) is pleased to announce that their Board has approved the retirement
of 200 million shares, the first step in a process designed to decrease the
total outstanding shares and increase shareholder value.

"We believe that the retirement of shares will add tremendous value for our
shareholders," said Jim Turek, President and CEO of Plasticon International.
"This is the first step in a share restructuring process. The restructuring will
be reflected in a share price that is more truly representative of the actual
value of Plasticon's shares. We firmly believe that this is in the best
interests of both our shareholders and the company."

Mr. Turek added that Plasticon International is committed to a program designed
to enhance shareholder value through a comprehensive strategy, starting with
this initial retirement. As a part of this restructuring strategy, the Company
plans to undertake a buy back program for still additional outstanding shares.

The retirement of 200 million shares is in addition to positive earnings.
Plasticon recently announced that it is profitable as of the second quarter in
2005. "We believe that the retirement of shares will be significant as the first
step in a process that should result in a better reflection of the value of
Plasticon's shares," Mr. Turek concluded....
=============
Of course the nonsense has an even longer history than that.

Why the relatively mild decline, end of day, despite a more than tripling of the float and a 60% hike in the o/s? Pink market psychology is hard to predict. One element, I suspect, is that many holders here did not go through the earlier dilution lie; for them, this is just one mistake. Will has some good observations

The question now is whether the massive dilution will catch up to whatever future hype PLNI has in store. If and when it does, collapse. DQ is right--trade on swings, if at all; based on the track record and the character of the principals involved, this is not a long hold. It's possible Turek will eventually deliver on something, but it would represent a brand-new pattern.

Speaking of which, there is just under 1.3 billion shares Turek could add to the outstanding & float without having to file another document with the Wyoming Secretary of State (recalling that the a/s count is 5 billion.)

Have a good weekend, all.
 
Posted by DQ. on :
 
Yes, and that is just this thread. There was another thread before this that FOT started way back when that was about 105 pages of the same old crap over and over and over again.
I wish someone could tell me a REAL pink that I could DD. that was legit. Maybe there isn't a pink that is.
Anyway. It breaks my heart to think of all the great things I thought this co. would accomplish.
I thought by now this would be trading at .10 if not .15 by now.
Sad thing is ...many newbies will fall for the same line I did.
Beware.
Suggestion......If by June they are still shouting we are completing the audit......be afraid!
I'm one hard headed guy......but finally got the picture.
Best of luck......maybe after some time I can find the courage to invest here again but they will have to show me something concrete....not hype with no facts.
Sorry for the bad outlook Bearclaw. I really hope you kick some Butt with this stock.
 
Posted by state780 on :
 
I should add that at the time of that post, the pps was around .015 (I'm eyeballing a crude chart, that's a ballpark) and would soon hit the .019 spike before, in the long view, beginning the decline. The share structure, as summarized by another poster in August last year:

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

The Financials

A/S is in the range of 2 to 2.4 billion, with the most common figure being 2 Billion

O/S is in the range of 1.4 to 2Billion, with the most common data 1.4, and the most recent possibility 2.0

Float is approximately 400 million
 
Posted by StockHunter on :
 
DQ,

I hope the lessons learned will reap you profits many times over in your future endeavors. Thanks for sharing your thoughts and frustrations. The newbies need to hear this. If history is any guide, there will be another thread, another name, a symbol change, but the same old management and games in the future. Those who have been burnt before may try to warn the new wave of victims. The new legions of faithful will see this as a threat to their investment and go on the attack. Never let that discourage you from expressing your opinions or feelings. You can take some solace in knowing there are those who do not post regularly, or at all, but who do read the thread for information. Someone will benefit from your experience whether you know it or not. I know because I've received PMs from grateful observers who have benefited from auditing the thread(okay, maybe 'auditing' wasn't the best choice of words...)

Hopefully, someone on the thread of the next stock you're interested in will post thier experience and make(or save) you some money. The saying "what goes around, comes around" works for helpful deeds as well.

Good Luck.
 
Posted by Bearclaw on :
 
DQ...
Please don't ever apologize for your thoughts to me. I've had my share both good and bad...

This has been a rollar coaster for a lot of folks. Whenever a stock has the kind of up and down movememnt of PLNI...it's a swing traders dream to follow it's trading behavior and act. I bought back in yesterday after getting out on Wednesday...it had a great retrace after the morning fall...and am looking for an exit now. Probably have swing traded this 1-2 times a week since the spring.

Folks think I pump PLNI. I have...in saying this is a great "Swing Stock" terrific play. It may have more movememt in the next month...we'll see. I would not hold long on PLNI...especially now that it's clear there has been intentional deception. Why that is...I don't know...but everyone certainly can speculate. In swing trading it doesn't matter...just play the stock.

There is still money to be made on PLNI but only as a "SWING PLAY"...If a stock moves 8-12 clicks per day on average and it develops a predictable behavior then it's a possible swing stock..GZFX has been perfect the last two months and have played that also.

I'll probably back off it after finding an exit next week and re-evaluate how this news has affected PLNI. I expect to be back in shortly after...My assumption is that it will probably fall into a swing pattern again and there will be money to be made...Holding long is very dangerous for most pennies IMO...Some folks play runners, some daytrade...I just find I'm most successful in charting swing stocks...PLNI not excluded. Oh ...and yes I'm disappointed in this development...but the story is still being told...

Good luck DQ and I wish you success...

"Sorry for the bad outlook Bearclaw. I really hope you kick some Butt with this stock."
 
Posted by DQ. on :
 
Thanks Bear and Stock.
Bear, looking at it all this is a great swing stock.
I wish I could be at the computer more so I could trade more often. I know I'm playing wrong with pinks.
Examples: JPHC..bought at .0004 rode up to .0024 and back down. Holding.
ICMH 0018 up to .0025 back down.
CSJJ .0009 down. Holding.
Haven't been selling cause my approach is that ONE of these things are going to make a HUGE move and they never do. (they did...I was just to stupid to know that was the move)

Now that I am out of PLNI and have learned, I am going to try the smarter path and get in and out in no more that 2 to 3 days tops.
It takes a while to pound something thru my thick head...always gotta do things my way and prove everybody wrong.
Anyway, best of luck to all. I hope 2006 brings many good short term plays.
And I know there will be many more times to make money in PLNI.
Thanks again all.
 
Posted by state780 on :
 
Wow.

On Wednesday, when Bear got out, I was putting up with this:

quote:
State...Why does it not surprise me you think the float is higher..? No evidence of that just pure scepticism...You must have played on a sports team that never won a game...You need enthusiasm and teamwork to win...not someone sitting on the bench beeching...

 
Posted by Bearclaw on :
 
State...
Want more?...I have plenty...or you can gloat as folks that held long watch their investment shrink. My position with you hasn't changed one bit...You know what that is...You guys aren't risking anything...Don't own anything and don't play this stock...At the time that was written there was no evidence. Did you know something before the public did?

There was a concerned effort by a web site group of bears/bashers to slam PLNI over the last two weeks. Consistant across the blogs...They even announced the new share numbers before they were released on Pinksheets...Did you have those numbers early? If you don't think there is an attack on PLNI, and has been, then your not paying attention...

Does it matter to me? Yes...Does it effect my swing trading...No...Buy low sell high...
 
Posted by Bearclaw on :
 
DQ...
You have a PM...Off for a while now...
I'll check back with you later...
 
Posted by state780 on :
 
Hi Bear. Not gloating. I think I earned that one, after taking all of your paranoid abuse. An apology would have been nice, but I'm not so dreamy as to expect one.

No advance knowledge, as your bluster continues (bizarrely so, now that we know what happened). Anyone can go back for the many, many posts discussing VFIN, massive share marketing, and disbelief that the huge amounts of trades could be contained by the alleged 690 million float.

The record speaks for itself, I am content.

Regardless of the day-to-day movements ahead of us, the wise consensus on the boards right now is indeed that PLNI is not an investment but rather a swing trader's target. That makes sense.
 
Posted by state780 on :
 
A little analysis from plni kinda optimist rrm, in another round of naked-short talk:

==========

'sjnc:

I am sure there is a huge naked short issue now.'

I agree with much of what you say, but there are now two really points that need to be clarified:

1) I thought there was only one possibility for months and that was vaporshares (Naked Short Selling). I now believe it is "manipulative short selling." I belive that because the number of shares sold into the float did not require NSS at all. If the OS had stayed at 2.3B, then NSS would have been required to create the declines and volumes involved. That wasnt the case. I now believe that MM's saw the company selling into the float and took advantage of the dilution by legally shorting the stock. The end game is the same if a restructure is announced... a rush to cover. That also explains the daily unwinding.
==============

Personally I don't think shorting is the controlling factor here--IMHO it would be statistical noise compared to the massive dilution we just learned about. But just thought I'd add another analysis of the stock to the mix.
 
Posted by Bearclaw on :
 
Hey State...

OK state...you decided you want to start something? I was here posting how this is a potential swing and folks can make some money...I did...How about you?

Not gloating hey? that's funny...You were really looking for an apology...now that's really funny...Kiss off state...No risk for you...It's like a little girl playing house...

The real folks on this thread are the ones playing the stock..You are not...Your opinion and stockhunters opinions or how you feel that I treat you means zero to me...nada...nothing...
None of that helps me trade PLNI..

Keep slamming this company without any risk and I'll be here...You see I'm one of the folks on the field at the PLNI ballpark not home playing tea and dolls with the neighborhood girls...
listening to the game on the radio...

Oh...one more thing...RRM can run circles around you in trading pennies...One of the best folks with charts I ever met...Remember...you bought high and sold low...Not a good way to make bank....Buy low and sell high...see???
Get it???

Your not even in the same league with Rick...RRM...He's here to make money...why are you here? You may be "content" but Rick and I are going to the bank...Friday was a great swing for us...How about you..??? Did mommy let you come out and play????
 
Posted by StockHunter on :
 
The stocks that do have NSS problems become targets because they are sick or fraudulent companies for the most part. I pointed out some time ago that PLNI not being on the Reg Sho list should refocus people's attention on the company as the source of the dilution. The cycle of faith, hope and trust will begin again starting now. As new people buy in or oldtimers add to positions the fancifully optimistic theories will reemerge. NSS is one of the tried and true staples of the dilutional. The lack of PRs will probably be spun with optimistic assumptions as well.

The best we can do is forward a logical analysis and interpretation of facts, events, and history. Otherwise the company gets a free ride to repeat the cycle of dishonest behaviour.

A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks.
 
Posted by Bearclaw on :
 
Hey State...

Now this shows your trading skills...

People who swing trade don't get out! They are in the middle of a swing...They are playing the stock...Buy low...sell high...buy low again ...sell high again..

Your criticising me for playing the stock...now that's funny sheet...while you sit with no shares complaining and advising others who do own shares...I wonder how many held long while you were dishing out the gloom and doom instead of making helping them make money on PLNI...Look at your posts on Friday...Anyone say sell at the low???? Nooooo just more criticizing...
I wonder how many bought into that...and then sold for a loss like you? Interesting question hey?

Darn boy...This place is here to make money

quote:
Originally posted by state780:
Wow.

On Wednesday, when Bear got out, I was putting up with this:

quote:
State...Why does it not surprise me you think the float is higher..? No evidence of that just pure scepticism...You must have played on a sports team that never won a game...You need enthusiasm and teamwork to win...not someone sitting on the bench beeching...


 
Posted by state780 on :
 
Hi Bear. I post analysis of the stock regardless of whether I agree with it, because it helps broaden my view. I post virtually nothing about the motives or tea-drinking preferences of people I don't know because such observations from either side don't increase my knowledge or create an atmosphere where rational analysis is welcomed from all quarters.

I post rrm in particular, from time to time, because although I believe he is overly optimistic, he usually has a logical rationale for his anlaysis. I also sometimes cite him as an aide to setting the record straight. For example, a few pages back I cited rrm to make it clear that Turek had not promised to deliver the audit by the end of January, but rather news about the audit.

Back to the topic at hand, I endorse Stockhunter's cautions. Even absent any nasty surprises on Monday, I admit I have no feel for which way the stock will go on Monday. On the one hand, attention in PLNI is high, bringing in new potential buyers unfamiliar with the record. On the other hand, the stock was slowly declining even before the dilution bomb hit on Friday. All things being equal (and they never are, on pinks) one could have expected another 5-10% decline on Monday anyway. Now, I think it's just a race between the massive dilution on the one hand and whatever hype Turek can come up with on the other.

Go with open eyes, everyone, as usual.
 
Posted by Bearclaw on :
 
I had heard this was part of the "Worms" plan to put PLNI down and out...Is this where you got it from? The same as the share information prior to the announcement? I hear your posts are all over his " Master" site...

I had planned on getting out Monday and looking closely at PLNI...this is good information to have that the bears and "Master" PLNI bashers plan is now to get the SEC to shut down trading...quite a lofty goal...wonder where that will drive the PPS? Wonder how many investors will suffer?

Let me admit.... your last sentence is typical of a level 4 basher...Congratulations, that was slick...Nice move stock...Wondering a few things...State must be in training still..Your his mentor aren't you? The "Worm" yours? Or are you even closer than that? The connection is obvious now...

So let me see if I have this right? Part of the plan to take down PLNI is to get the daytraders and swingtraders off this stock?....then...
Get the SEC to shut down trading...I remember your call to arms and get folks calling and writing the SEC...Same time as the "Master" blog...hmmmmm..Plus either you or state is monitoring the Allstocks blog almost minute to mminute now...Any other blogs with different names? ...Not letting anything get by you guys hey?

Well OK...I'll factor the new possibilities in...Maybe just swing GZFX for a while...You don't have that one in your cross hairs...do you?
I guess I should be grateful for the heads up....but...

Damn boy...wonder how many employees are at PLNI, Promold and Semco...?? Wonder how their families will get by after this raid by the "Master" is done?


A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks.

[ February 04, 2006, 14:48: Message edited by: Bearclaw ]
 
Posted by Bearclaw on :
 
PLNI shareholders...
If anyone is interested...do some DD on what happens to a company when there is a "Bear Raid" on a company...especially in pennyland...
There was a special on 60 Minutes that touched on this issue when reporting on Naked shorting...
Good hunting...

I'm not sure exactly what is happening with PLNI but those flags are coming up the past few weeks...
 
Posted by Bearclaw on :
 
quote:
Originally posted by Bearclaw:
I had heard this was part of the "Worms" plan to put PLNI down and out...Is this where you got it from? The same as the share information prior to the announcement? I hear your posts are all over his " Master" site...

I had planned on getting out Monday and looking closely at PLNI...this is good information to have that the bears and "Master" PLNI bashers plan is now to get the SEC to shut down trading...quite a lofty goal...wonder where that will drive the PPS? Wonder how many investors will suffer?

Let me admit.... your last sentence is typical of a level 4 basher...Congratulations, that was slick...Nice move stock...Wondering a few things...State must be in training still..Your his mentor aren't you? The "Worm" yours? Or are you even closer than that? The connection is obvious now...

So let me see if I have this right? Part of the plan to take down PLNI is to get the daytraders and swingtraders off this stock?....then...
Get the SEC to shut down trading...I remember your call to arms and get folks calling and writing the SEC...Same time as the "Master" blog...hmmmmm..Plus either you or state is monitoring the Allstocks blog almost minute to minute now...Any other blogs with different names? ...Not letting anything get by you guys hey?

Well OK...I'll factor the new possibilities in...Maybe just swing GZFX for a while...You don't have that one in your cross hairs...do you?
I guess I should be grateful for the heads up....but...

Damn boy...wonder how many employees are at PLNI, Promold and Semco...?? Wonder how their families will get by after this raid by the "Master" is done?


Posted by Stockhunter...
"A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks."


 
Posted by state780 on :
 
Some people analyze the stock. Other people analyze the people who analyze the stock. I know which one I think is more productive!

You know, one of the things that strikes me about the NSS talk is how unnecessary it is. When a company misses deadlines, makes secret a/s filings still unexplained more than three months later, and boosts the o/s while tripling the float, also without explanation--well, why should anyone be surprised with a decline?

That's why I say, from time to time, that the decline is rational market behavior. I think that's a fair opinion.

Have a good weekend, all, and Go Steelers!
 
Posted by Bearclaw on :
 
Sorry for the double post

quote:
Originally posted by Bearclaw:
quote:
Originally posted by Bearclaw:
I had heard this was part of the "Worms" plan to put PLNI down and out...Is this where you got it from? The same as the share information prior to the announcement? I hear your posts are all over his " Master" site...

I had planned on getting out Monday and looking closely at PLNI...this is good information to have that the bears and "Master" PLNI bashers plan is now to get the SEC to shut down trading...quite a lofty goal...wonder where that will drive the PPS? Wonder how many investors will suffer?

Let me admit.... your last sentence is typical of a level 4 basher...Congratulations, that was slick...Nice move stock...Wondering a few things...State must be in training still..Your his mentor aren't you? The "Worm" yours? Or are you even closer than that? The connection is obvious now...

So let me see if I have this right? Part of the plan to take down PLNI is to get the daytraders and swingtraders off this stock?....then...
Get the SEC to shut down trading...I remember your call to arms and get folks calling and writing the SEC...Same time as the "Master" blog...hmmmmm..Plus either you or state is monitoring the Allstocks blog almost minute to minute now...Any other blogs with different names? ...Not letting anything get by you guys hey?

Well OK...I'll factor the new possibilities in...Maybe just swing GZFX for a while...You don't have that one in your cross hairs...do you?
I guess I should be grateful for the heads up....but...

Damn boy...wonder how many employees are at PLNI, Promold and Semco...?? Wonder how their families will get by after this raid by the "Master" is done?


Posted by Stockhunter...
"A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks."



 
Posted by StockHunter on :
 
FYI, 1+1+1=3
 
Posted by theW on :
 
Bearclaw

I take exception to your attacks on State and StockHunter. Your attempt to suppress the excellent research and information that these two people have posted for your own greed is very clear. Had many long term investors listened to these two posters, instead of you, they would not be stuck in this stock at this price level.

Owning the stock does not give YOU any more right to express your opionions than the any other person on the stock message boards. The fact is that you sell your shares, while at the same time attacking people that post factual, but negative, information - This has a multiple effect on decreasing the stock price than them and shows the greedy type of person that you are.

Care to debate any of this?


quote:
Originally posted by Bearclaw:
Hey State...

Now this shows your trading skills...

People who swing trade don't get out! They are in the middle of a swing...They are playing the stock...Buy low...sell high...buy low again ...sell high again..

Your criticising me for playing the stock...now that's funny sheet...while you sit with no shares complaining and advising others who do own shares...I wonder how many held long while you were dishing out the gloom and doom instead of making helping them make money on PLNI...Look at your posts on Friday...Anyone say sell at the low???? Nooooo just more criticizing...
I wonder how many bought into that...and then sold for a loss like you? Interesting question hey?

Darn boy...This place is here to make money

quote:
Originally posted by state780:
Wow.

On Wednesday, when Bear got out, I was putting up with this:

quote:
State...Why does it not surprise me you think the float is higher..? No evidence of that just pure scepticism...You must have played on a sports team that never won a game...You need enthusiasm and teamwork to win...not someone sitting on the bench beeching...



 
Posted by Bearclaw on :
 
Really...forgot my calculator today...

Just wondering....How do you know the level of feedback to the SEC is very high even for pinks? Where are you getting this information? Is it the same place where the information of the share count came before it was public? How do you know a trading shut down is imminent? Makes me wonder what's really going on...and you and state wondered why me and others came after you and some of the "Master" bloggers?

Posted by Stockhunter...
"A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks."
--------------------------------------------------------------------------------
 
Posted by Bearclaw on :
 
Who is "The W" ?

Does the "W" stand for Worm?

I don't care what you take exception to..Do you invest in PLNI?


quote:
Originally posted by theW:
Bearclaw

I take exception to your attacks on State and StockHunter. Your attempt to suppress the excellent research and information that these two people have posted for your own greed is very clear. Had many long term investors listened to these two posters, instead of you, they would not be stuck in this stock at this price level.

Owning the stock does not give YOU any more right to express your opionions than the any other person on the stock message boards. The fact is that you sell your shares, while at the same time attacking people that post factual, but negative, information - This has a multiple effect on decreasing the stock price than them and shows the greedy type of person that you are.

Care to debate any of this?


quote:
Originally posted by Bearclaw:
Hey State...

Now this shows your trading skills...

People who swing trade don't get out! They are in the middle of a swing...They are playing the stock...Buy low...sell high...buy low again ...sell high again..

Your criticising me for playing the stock...now that's funny sheet...while you sit with no shares complaining and advising others who do own shares...I wonder how many held long while you were dishing out the gloom and doom instead of making helping them make money on PLNI...Look at your posts on Friday...Anyone say sell at the low???? Nooooo just more criticizing...
I wonder how many bought into that...and then sold for a loss like you? Interesting question hey?

Darn boy...This place is here to make money

quote:
Originally posted by state780:
Wow.

On Wednesday, when Bear got out, I was putting up with this:

quote:
State...Why does it not surprise me you think the float is higher..? No evidence of that just pure scepticism...You must have played on a sports team that never won a game...You need enthusiasm and teamwork to win...not someone sitting on the bench beeching...




 
Posted by Bearclaw on :
 
PLNI Shareholders..

Note this was "theW"'s first post here...Do some DD and talk to your friends about the Worm and his website...I'm told he has a huge resentment for Turek and PLNI......I encourage all to look into the possibility of an attack on PLNI....I'm starting to look right now and am on the phone...this could be a devestating development for this stock if there is the possibility of an organized attempt to shut down trading...

I don't know exactly what is happening but this is beginning to smell...
 
Posted by theW on :
 
Bearclaw

Whether I invest in PLNI or not IS NONE OF YOUR BUSINESS....and is not relevant...

I can tell you this, I have not been selling PLNI stock into the market while posting positive information about the stock like you have in a two-sided greedy manner.

This is a board intended for the discussion of PLNI, whether good or bad - that will lead to readers making a better decision whether to buy or sell the stock.

Care to debate PLNI, your postings, State postings, or any other matter that has been posted on this message board?


quote:
Originally posted by Bearclaw:
Who is "The W" ?

Does the "W" stand for Worm?

I don't care what you take exception to..Do you invest in PLNI?


quote:
Originally posted by theW:
Bearclaw

I take exception to your attacks on State and StockHunter. Your attempt to suppress the excellent research and information that these two people have posted for your own greed is very clear. Had many long term investors listened to these two posters, instead of you, they would not be stuck in this stock at this price level.

Owning the stock does not give YOU any more right to express your opionions than the any other person on the stock message boards. The fact is that you sell your shares, while at the same time attacking people that post factual, but negative, information - This has a multiple effect on decreasing the stock price than them and shows the greedy type of person that you are.

Care to debate any of this?


quote:
Originally posted by Bearclaw:
Hey State...

Now this shows your trading skills...

People who swing trade don't get out! They are in the middle of a swing...They are playing the stock...Buy low...sell high...buy low again ...sell high again..

Your criticising me for playing the stock...now that's funny sheet...while you sit with no shares complaining and advising others who do own shares...I wonder how many held long while you were dishing out the gloom and doom instead of making helping them make money on PLNI...Look at your posts on Friday...Anyone say sell at the low???? Nooooo just more criticizing...
I wonder how many bought into that...and then sold for a loss like you? Interesting question hey?

Darn boy...This place is here to make money

quote:
Originally posted by state780:
Wow.

On Wednesday, when Bear got out, I was putting up with this:

quote:
State...Why does it not surprise me you think the float is higher..? No evidence of that just pure scepticism...You must have played on a sports team that never won a game...You need enthusiasm and teamwork to win...not someone sitting on the bench beeching...





 
Posted by state780 on :
 
Bear, if you cruise around the boards a bit, you will find several people talking about contacting the SEC. One fellow on RB composed a letter to the Wyoming Secretary of State. Another on another board (I think SI, I've lost track) said he's writing to so many agencies I think he may have made one up!

Stock didn't say he knew any kind of a shutdown was imminent. He did one of the things he does best--he looked at the evidence, explained his chain of reasoning and made an educated inference. When a bunch of people out there say they're contacting authorities, and when there is a reasonable basis for doing so (for example, issuing PRs about share buyback while exploding the count), well, no conspiracy is required to form that conclusion.

Anyway I hope we can focus on the stock.

Is it raining EVERYWHERE in the world? That's the only reason I can think we're still here! I'm out to a (covered) driving range, or a bookstore. I will look at pictures of happy little puppy dogs.
 
Posted by theW on :
 
Bearclaw

give me a f....break...

It was just released that the company, while stating that it was buying back shares, issued 1.4 billion common shares in a period of about 1 1/2 months....the company is its own worse enemy...just the posting of those figures is all the information that investors need to know...

lets go...are you afraid to debate PLNI, your trading methods, your attacks on other posters, and your greed?

why?


quote:
Originally posted by Bearclaw:
PLNI Shareholders..

Note this was "theW"'s first post here...Do some DD and talk to your friends about the Worm and his website...I'm told he has a huge resentment for Turek and PLNI......I encourage all to look into the possibility of an attack on PLNI....I'm starting to look right now and am on the phone...this could be a devestating development for this stock if there is the possibility of an organized attempt to shut down trading...

I don't know exactly what is happening but this is beginning to smell...


 
Posted by Bearclaw on :
 
"The Master".. "The W"..."The Worm'

I'm honored that you've taken the time to call me out here on Allstocks...I'm going to watch some college basketball and ponder this new development....This is kind of like Hitler talking to the guy taking tickets at the local Strand Theatre...

Wonder what might be happening this week with PLNI that you got off your Grand Poopaw Throne and lowered yourself to my level...After all...I'm just a penny Swingtrader...Oh Great One...

I do think it's funny that State brought in his mentor Stockhunter who then called the Grand Master Poopaw..."The worm" who has his own Bears website...Now this warrents checking out...

Gonna call some fellow Bulls and Swingtraders now who believe in PLNI...Gonna be a fun week...
 
Posted by theW on :
 
what's wrong Bearclaw?

You seem to continue your attacks on State and StockHunter, who happen to be two of the fairest posters that I have seen - yet you run back to your mommy, like a dog with his tail (in your case "like a female dog with her tail") between his legs when you are invited to debate PLNI and the postings on this board.

and you state:

"Gonna call some fellow Bulls and Swingtraders now who believe in PLNI"

How many of these fellow "Bulls" and Swingtraders do you think are left that believe in PLNI, after the absolute shocking information that was released regarding the 3.7 billion shares outstanding?

quote:
Originally posted by Bearclaw:
"The Master".. "The W"..."The Worm'

I'm honored that you've taken the time to call me out here on Allstocks...I'm going to watch some college basketball and ponder this new development....This is kind of like Hitler talking to the guy taking tickets at the local Strand Theatre...

Wonder what might be happening this week with PLNI that you got off your Grand Poopaw Throne and lowered yourself to my level...After all...I'm just a penny Swingtrader...Oh Great One...

I do think it's funny that State brought in his mentor Stockhunter who then called the Grand Master Poopaw..."The worm" who has his own Bears website...Now this warrents checking out...

Gonna call some fellow Bulls and Swingtraders now who believe in PLNI...Gonna be a fun week...


 
Posted by Bearclaw on :
 
State...
Just kick back and let the "Master" the "Worm" do his thing...
 
Posted by Bearclaw on :
 
Oh "Master" the "Great One"

I'm thinking your wanting to draw the attention from your plan to shut down trading on PLNI...so...You are trying to draw me out in some BS about your "Cherubs" Stock and State...the fairest poster something or other...

Not gonna take the bait Adolf...Wonder what is about to happen with PLNI that you decided to come here and bait the Bearclaw? Why...when you can be in the comfort of your own website where all adore you?

You don't make the rules here deepsheet!
 
Posted by StockHunter on :
 
This stock had 3800 shareholders in September, 5000 in December and certainly many more today. The boards are filled with commentaries of disgruntled investors who say they are contacting the regulators. The SEC has been aware of improprieties and has been following this company for many months now. The noise level of complaints likely has risen in the past few days. Its only prudent to factor in the possibility of regulatory action, including a 10 day suspension of trading, into one's investment decision here.

Info on SEC Trading Halts:

"When can the SEC suspend a stock from trading?

When it serves the public interest and will protect investors, the SEC may suspend trading. For instance, the SEC may act when public information about a company is not current, accurate, or adequate. The SEC has acted when serious questions arose about a company's assets, operations, or other financial information."

More info here:
http://www.sec.gov/answers/tradingsuspension.htm
 
Posted by theW on :
 
What's wrong Bearclaw?

Somehow you have nothing to say?

Tell you what, why don't you tell us what is it about PLNI that you like at this point in time, such that a new investor would buy shares of PLNI on Monday?


quote:
Originally posted by Bearclaw:
State...
Just kick back and let the "Master" the "Worm" do his thing...


 
Posted by Bearclaw on :
 
Stockhunter...
Why not let your fearless leader..."The Worm" take over...afterall you went and got him?

So what's the deal...Do we have a organized...methodical...planned attack on PLNI Adolfe...???? Come on Worm...spill the beans...
 
Posted by will on :
 
I would like to take this opportunity to address the Administration of Allstocks.
This thread is getting very emotional and heated, either by happenstance or design, makes no difference which. I would like this thread to stand, never to be locked down, let it remain as an example and reminder of open debate. Let its strongpoints of exhaustive DD, and well thought out opinions, (whether negative or positive), let its shortcomings of frustration and personal attacks be seen. Let it be here for people and new investors to read. Let a new thread be opened, if someone wishes, which I expect to see happen soon, but please DO NOT lock this thread. It is full of information, very revealing, and illuminates personalities for people to emulate or discount and dismiss. If comments get out of hand and become offensive, use the deletion feature, and/or control the offenders, but I ask that you let it stand and never lock this thread.

Thank you !
 
Posted by Bearclaw on :
 
What's wrong Bearclaw?

Somehow you have nothing to say?

Tell you what, why don't you tell us what is it about PLNI that you like at this point in time, such that a new investor would buy shares of PLNI on Monday?


"Master The Worm"

Adolfe...I'm just a lowely Swingtrader who plays the charts...Why are you bothering to take your valuable time from your worshipping cherubs on your Website to bother with me...

Come on...spill the beans...

quote:
--------------------------------------------------------------------------------
Originally posted by Bearclaw:
State...
Just kick back and let the "Master" the "Worm" do his thing...
--------------------------------------------------------------------------------
 
Posted by theW on :
 
Huh?

what plan to shut down PLNI?

The only people that can shut down PLNI would be the SEC - and if they did, it would be because of fraudulent actions taken by PLNI and PLNI only.

Is the SEC currently investigating Turek, PLNI, jmhollen and rrm for their activities?...no comment.

Has the SEC brought in the US Attorney's Office to join in the investigation for criminal activities?...no comment.


quote:
Originally posted by Bearclaw:
Oh "Master" the "Great One"

I'm thinking your wanting to draw the attention from your plan to shut down trading on PLNI...so...You are trying to draw me out in some BS about your "Cherubs" Stock and State...the fairest poster something or other...

Not gonna take the bait Adolf...Wonder what is about to happen with PLNI that you decided to come here and bait the Bearclaw? Why...when you can be in the comfort of your own website where all adore you?

You don't make the rules here deepsheet!


 
Posted by Bearclaw on :
 
Hey Will...

Getting revealing...Seeing some of the underhandedness that exists behind the scenes in Pennies...

There is more to look at than a company and it's CEO...There are organized groups....Wonder if it has anything to do with stock manipulation on a larger scale than what you and I normally deal with...Interesting...

Oh...More important than Adolfe and his Cherubs.

Tennessee 41 and Ole Miss 24... 2 minutes left in the first half...
 
Posted by theW on :
 
will

very fair and reasonable post.

This message board is intended to debate the positive and negative aspects of PLNI that will lead the investor to make a more informative decision on whether to buy or sell the stock.

Do you have any questions or comments?


quote:
Originally posted by will:
I would like to take this opportunity to address the Administration of Allstocks.
This thread is getting very emotional and heated, either by happenstance or design, makes no difference which. I would like this thread to stand, never to be locked down, let it remain as an example and reminder of open debate. Let its strongpoints of exhaustive DD, and well thought out opinions, (whether negative or positive), let its shortcomings of frustration and personal attacks be seen. Let it be here for people and new investors to read. Let a new thread be opened, if someone wishes, which I expect to see happen soon, but please DO NOT lock this thread. It is full of information, very revealing, and illuminates personalities for people to emulate or discount and dismiss. If comments get out of hand and become offensive, use the deletion feature, and/or control the offenders, but I ask that you let it stand and never lock this thread.

Thank you !


 
Posted by Bearclaw on :
 
"Worm"

Wonder why you and Stockhunter would imply the SEC temporary shut down of trading?

Wonder why you would imply SEC investigating Turek?

Wonder why you would mention other traders?

Wonder why you would imply the Attorney Generals Office?

When they investigate criminal activities are you and the group you lead also included?

Remember...Oh great one...I am but a lowely Swingtrader and not a part of the "Master Race"

Come on spill the beans...Tell us something that's really important...You didn't come here just to bait the lowely Bearclaw? Comje on...pound your chest Adolfe....
 
Posted by theW on :
 
read what Bearclaw posted below in quote and now read this that he just posted today about PLNI and its management:

"I would not hold long on PLNI...especially now that it's clear there has been intentional deception."


quote:
Originally posted by Bearclaw:
Hey Will...

Getting revealing...Seeing some of the underhandedness that exists behind the scenes in Pennies...

There is more to look at than a company and it's CEO...There are organized groups....Wonder if it has anything to do with stock manipulation on a larger scale than what you and I normally deal with...Interesting...

Oh...More important than Adolfe and his Cherubs.

Tennessee 41 and Ole Miss 24... 2 minutes left in the first half...


 
Posted by TRM on :
 
I can't help wonder why lies by companys are tolerated, (which by the way is the same as fraud),and the SEC waits until the damage is done to step in and protect investors. I can't think of any where else this kind of fruad is tolerated. pinks seem to be a safe haven for criminals, where crime does pay
 
Posted by Bearclaw on :
 
What's your point Adolfe?

quote:
Originally posted by theW:
read what Bearclaw posted below in quote and now read this that he just posted today about PLNI and its management:

"I would not hold long on PLNI...especially now that it's clear there has been intentional deception."


quote:
Originally posted by Bearclaw:
Hey Will...

Getting revealing...Seeing some of the underhandedness that exists behind the scenes in Pennies...

There is more to look at than a company and it's CEO...There are organized groups....Wonder if it has anything to do with stock manipulation on a larger scale than what you and I normally deal with...Interesting...

Oh...More important than Adolfe and his Cherubs.

Tennessee 41 and Ole Miss 24... 2 minutes left in the first half...



 
Posted by theW on :
 
Bearclaw

Sorry, but I might have missed a few posted messages, because

I did not imply that the "SEC temporry shut down of trading"

I did not imply that the "SEC investigating Turek"

I mentioned jmhollen and rrm, because, in my opinion, any charges or indictment of fraud and stock manipulation would most likely include both of these characters, who happen to be good buddies.

I did not imply the Attorney Generals Office.

You stated that: "When they investigate criminal activities are you and the group you lead also included?"....last time I looked, they don't charge you with a crime for copying public documents and posting them on the internet, or pointing out the false and misleading statements made on the internet by certain people.

now

WHY IS IT THAT YOU REFUSE TO DISCUSS PLNI?

after all

Isn't this what this message board is all about?


quote:
Originally posted by Bearclaw:
"Worm"

Wonder why you and Stockhunter would imply the SEC temporary shut down of trading?

Wonder why you would imply SEC investigating Turek?

Wonder why you would mention other traders?

Wonder why you would imply the Attorney Generals Office?

When they investigate criminal activities are you and the group you lead also included?

Remember...Oh great one...I am but a lowely Swingtrader and not a part of the "Master Race"

Come on spill the beans...Tell us something that's really important...You didn't come here just to bait the lowely Bearclaw? Comje on...pound your chest Adolfe....


 
Posted by will on :
 
I did not say it is "getting" revealing, I said, "It is full of information, very revealing, and illuminates personalities for people to emulate or discount and dismiss." Full of implies from the beginning and throughout.

I am not here to take sides with personalities, nor to judge them. I am here to understand and learn.

I did my time on the CMKX thread for a year and half arguing with unreasonable people, only to not make a dent in their hard heads. They just took their propaganda elsewhere. In the end, being right was little consolation, because it is over and mostly forgotten, burried, and nowhere to be seen here. It is/was the poster child for dilution, scams, pumpers, bashers, but if I was just coming to Allstocks today I would not know anything about it. I simply ask that this thread serve as an example of open debate and a fair and frank exchange of thoughts and ideas for all to see.
 
Posted by Bearclaw on :
 
Worm...
Here's my entire post...so what's your point?

What is happening that his "Master" the "Great One" comes here today...What is happening Adolfe that we need to know...what are you and your Cherubs planning for PLNI...I don't visit your Website for Bears so am not in the know...
Is your attack on the company in full force...???...Come on spill the beans and let us little guy traders in on your plans...


quote:
Originally posted by Bearclaw:
DQ...
Please don't ever apologize for your thoughts to me. I've had my share both good and bad...

This has been a rollar coaster for a lot of folks. Whenever a stock has the kind of up and down movememnt of PLNI...it's a swing traders dream to follow it's trading behavior and act. I bought back in yesterday after getting out on Wednesday...it had a great retrace after the morning fall...and am looking for an exit now. Probably have swing traded this 1-2 times a week since the spring.

Folks think I pump PLNI. I have...in saying this is a great "Swing Stock" terrific play. It may have more movememt in the next month...we'll see. I would not hold long on PLNI...especially now that it's clear there has been intentional deception. Why that is...I don't know...but everyone certainly can speculate. In swing trading it doesn't matter...just play the stock.

There is still money to be made on PLNI but only as a "SWING PLAY"...If a stock moves 8-12 clicks per day on average and it develops a predictable behavior then it's a possible swing stock..GZFX has been perfect the last two months and have played that also.

I'll probably back off it after finding an exit next week and re-evaluate how this news has affected PLNI. I expect to be back in shortly after...My assumption is that it will probably fall into a swing pattern again and there will be money to be made...Holding long is very dangerous for most pennies IMO...Some folks play runners, some daytrade...I just find I'm most successful in charting swing stocks...PLNI not excluded. Oh ...and yes I'm disappointed in this development...but the story is still being told...

Good luck DQ and I wish you success...

"Sorry for the bad outlook Bearclaw. I really hope you kick some Butt with this stock."


 
Posted by theW on :
 
Will

so you followed CMKX for a year and a half.

let me ask you something, do you see any pattern in PLNI that can be compared to the early stages of CMKX?


quote:
Originally posted by will:
I did not say it is "getting" revealing, I said, "It is full of information, very revealing, and illuminates personalities for people to emulate or discount and dismiss." Full of implies from the beginning and throughout.

I am not here to take sides with personalities, nor to judge them. I am here to understand and learn.

I did my time on the CMKX thread for a year and half arguing with unreasonable people, only to not make a dent in their hard heads. They just took their propaganda elsewhere. In the end, being right was little consolation, because it is over and mostly forgotten, burried, and nowhere to be seen here. It is/was the poster child for dilution, scams, pumpers, bashers, but if I was just coming to Allstocks today I would not know anything about it. I simply ask that this thread serve as an example of open debate and a fair and frank exchange of thoughts and ideas for all to see.


 
Posted by runningscared on :
 
Is there anybody here I don't like? NO.
I'm talking about fellow investors here..
That said, I have dropped out.. completely from this company. Why? Is there anyone here that would challenge my words that powers that be are nothing more than complete liars?

Please do not attack me personally. Let the facts speak for themselves.

Product: Who really has a clue as to who owns what.
Management: We KNOW who they are -- hello? do you trust them?

I am out.. I am glad I am out.. and I suggest one and all who are hanging thier hats on this to get out fast!

Call me a basher? I am not. Call me someone who cars about people gettng totally ripped off? That's me.
Good luck
Bottom Line: You are about to get screwed.. and what is really sad is.. you know it
 
Posted by will on :
 
"let me ask you something, do you see any pattern in PLNI that can be compared to the early stages of CMKX?"

That may not be an unfair question, however it is rather open ended. The answer is obvious, and could be easily misinterpreted and taken out of context.

Yes there are similarities, however that can be said of many pinks.
 
Posted by Bearclaw on :
 
Worm...

Now I'm not a lawyer but this comment seems odd...Who are these people? Why are you imlying fraud...I only asked why you implied these things in your prior post...

I think if there is an organized attempt to attack PLNI...then that is much more important to the current PPS and DD of PLNI than debating issues we are all already aware of...or any other issue...this seems very relevant to this stock...

Why are you here baiting me?...What is about to happen? You would have no reason to leave the safety of your own Website unless there is imminent danger for the PPS of PLNI...Come on spill the beans...Adolfe...

I only know you by name only...as someone who has a Bears Website...what's the deal? What are you planning?


"I mentioned jmhollen and rrm, because, in my opinion, any charges or indictment of fraud and stock manipulation would most likely include both of these characters, who happen to be good buddies."
 
Posted by theW on :
 
runningscared

would you kindly tell us what are some of the events or information that led you to make such conclusions about PLNI and its management?

thanks


quote:
Originally posted by runningscared:
Is there anybody here I don't like? NO.
I'm talking about fellow investors here..
That said, I have dropped out.. completely from this company. Why? Is there anyone here that would challenge my words that powers that be are nothing more than complete liars?

Please do not attack me personally. Let the facts speak for themselves.

Product: Who really has a clue as to who owns what.
Management: We KNOW who they are -- hello? do you trust them?

I am out.. I am glad I am out.. and I suggest one and all who are hanging thier hats on this to get out fast!

Call me a basher? I am not. Call me someone who cars about people gettng totally ripped off? That's me.
Good luck
Bottom Line: You are about to get screwed.. and what is really sad is.. you know it


 
Posted by StockHunter on :
 
Here’s the SECs Guide to Microcap stocks. It has a list of red flags that deserve attention.

http://www.sec.gov/investor/pubs/microcapstock.htm

“Also, watch out for these "red flags":

Assets Are Large But Revenues Are Small

Microcap companies sometimes assign high values on their financial statements to assets that have nothing to do with their business. Find out whether there's a valid explanation for low revenues, especially when the company claims to have large assets.
[PLNI claims their patents alone are worth $20 million]

Odd Items in the Footnotes to the Financial Statements

Many microcap fraud schemes involve unusual transactions among individuals connected to the company. These can be unusual loans or the exchange of questionable assets for company stock that may be discussed in the footnotes.
[JT pledged company assets to pay off his personal bankruptcy. He had Plasticon lend money to Telco Blue, a shell company he controls, and then forgave the loans while paying himself a salary from the shell company. He controls other entities that do not trade publicly and has exchanged assets and made deals between the various entities in the past. Since PLNI is not fully reporting, only deals directly involving Telco Blue are required to be publicly reported]

Unusual Auditing Issues

Be wary when a company's auditors have refused to certify the company's financial statements or if they've stated that the company may not have enough money to continue operating. Also question any change of accountants.
[Audit? What audit? Changed accountants? - yep]

Insiders Own Large Amounts of the Stock

In many microcap fraud cases — especially "pump and dump" schemes — the company's officers and promoters own significant amounts of the stock. When one person or group controls most of the stock, they can more easily manipulate the stock's price at your expense. You can ask your broker or the company whether one person or group controls most of the company's stock, but if the company is the subject of a scam, you may not get an honest answer.
[ JT controlled enough stock to authorize and issue shares in Wyoming without advance warning or the approval of existing stockholders]

Additional Red Flags

Don't deal with brokers who refuse to provide you with written information about the investments they're promoting. “
[Neither the company nor their IR firm Big Apple Consulting will put anything they claim in writing. They got away with giving out false share structure information for months without a paper trail]
 
Posted by Bearclaw on :
 
Runningscared...Will...

I didn't follow CMKX...It never came up on my charting...I am being very careful now...I didn't hold this for long periods but have been actively swingtrading it on average once or twice a week as needed......

Running...I didn't read anything here that you posted that is out of line IMO...I am however curious what the heck is going on...

I heard a Bear Raid on PLNI by a group was in play last week...The rumor was that it was tied to folks on Worms website...I don't know anything about this guy...I heard that posters here were in his group...I was given two names and then a third name...Now he, The Worm, is here...baiting me...I want to know what the heck is going on?

All that is said about Turek is fine...but...if there is an organized attack on PLNI then that is something altogether different and may impact this stock in a very important way...

My plan is to sit back and watch...these events could also make this a stock that moves up and down dramatically...who knows...If that's the case then I may swingtrade it again...Time will tell..

Come on Worm...spill the beans...What are you kids up to?


quote:
Originally posted by runningscared:
Is there anybody here I don't like? NO.
I'm talking about fellow investors here..
That said, I have dropped out.. completely from this company. Why? Is there anyone here that would challenge my words that powers that be are nothing more than complete liars?

Please do not attack me personally. Let the facts speak for themselves.

Product: Who really has a clue as to who owns what.
Management: We KNOW who they are -- hello? do you trust them?

I am out.. I am glad I am out.. and I suggest one and all who are hanging thier hats on this to get out fast!

Call me a basher? I am not. Call me someone who cars about people gettng totally ripped off? That's me.
Good luck
Bottom Line: You are about to get screwed.. and what is really sad is.. you know it


 
Posted by theW on :
 
Bearclaw,,

again...this is message board intended to be used to discuss the postive and negative aspects of PLNI.

but I will answer your questions:

I don't know what people you are talking about when you state: "Who are these people?"

There is no organized attempt to attack PLNI...as people see the way PLNI and its management is operating, they simply post the information that they research....PLNI is easily doing damage upon itself by making false statements to stockholders and behaving the way it has.

This only reason I am here is to debate you on PLNI, since you have shown to be a completely greedy and dishonest individual...yet you refuse to debate PLNI..

I don't need any "safety" in the_worm06 blog. I am open to debating PLNI with anyone anytime.

the_worm06 is not a "Bears" website and positive information about PLNI and its management would certainly be posted....I tell you what, why don't you post positive information on this message board that can be posted on the_worm06 website and I will make sure that it gets posted, provided it is not false and misleading.

Regarding the SEC and all that, there is a PLNI promoter that has been previously been charged by the SEC (1999) for violating SEC regulations. There is another promoter that was a paid consultant, promoter and business associate of a company, eConnect and its CEO, that were convicted of stock fraud and is now serving 8 years in jail..do you really think that this doesn't catch the attention of the authorities?

As Jeff Mitchell pointed out, many of the posters that come out of the SI thread had had experience in the past pointed out the frauds of companies and their management that eventually get convicted and sent to jail...the authorities know of this history and therefore are more open to investigating companies that are followed by these posters.

quote:
Originally posted by Bearclaw:
Worm...

Now I'm not a lawyer but this comment seems odd...Who are these people? Why are you imlying fraud...I only asked why you implied these things in your prior post...

I think if there is an organized attempt to attack PLNI...then that is much more important to the current PPS and DD of PLNI than debating issues we are all already aware of...or any other issue...this seems very relevant to this stock...

Why are you here baiting me?...What is about to happen? You would have no reason to leave the safety of your own Website unless there is imminent danger for the PPS of PLNI...Come on spill the beans...Adolfe...

I only know you by name only...as someone who has a Bears Website...what's the deal? What are you planning?


"I mentioned jmhollen and rrm, because, in my opinion, any charges or indictment of fraud and stock manipulation would most likely include both of these characters, who happen to be good buddies."


 
Posted by Bearclaw on :
 
Worm...

Bearclaw:
You don't make the rules on this website...You just appeared today...Just your appearance and the rumors associated with you and your website make these issues "aspects of PLNI" and important to the companies future...and to me as an investor...swingtrader...

Posted by the worm...
"again...this is message board intended to be used to discuss the postive and negative aspects of PLNI."

Bearclaw:
I am here to make money...That is true...But be careful when you use the word dishonest...I may not be an attorney but I know a bunch of them...and they like the Bearclaw...

Posted by the worm...
"This only reason I am here is to debate you on PLNI, since you have shown to be a completely greedy and dishonest individual...yet you refuse to debate PLNI.."


Bearclaw:
Who are you talking about? Are they posting here on As?

Posted by the worm...
"Regarding the SEC and all that, there is a PLNI promoter that has been previously been charged by the SEC (1999) for violating SEC regulations. There is another promoter that was a paid consultant, promoter and business associate of a company, eConnect and its CEO, that were convicted of stock fraud and is now serving 8 years in jail..do you really think that this doesn't catch the attention of the authorities?"
 
Posted by theW on :
 
ha!

Bear raid?

There is no Bear raid.

When a company misleads its investors by increasing its shares outstanding from 1.8 billion to 2.3 billion in 3 months and then to 3.7 billion in 1 1/2 months, it is the company that is producing actions that lead to many people selling.


quote:
Originally posted by Bearclaw:
Runningscared...Will...

I didn't follow CMKX...It never came up on my charting...I am being very careful now...I didn't hold this for long periods but have been actively swingtrading it on average once or twice a week as needed......

Running...I didn't read anything here that you posted that is out of line IMO...I am however curious what the heck is going on...

I heard a Bear Raid on PLNI by a group was in play last week...The rumor was that it was tied to folks on Worms website...I don't know anything about this guy...I heard that posters here were in his group...I was given two names and then a third name...Now he, The Worm, is here...baiting me...I want to know what the heck is going on?

All that is said about Turek is fine...but...if there is an organized attack on PLNI then that is something altogether different and may impact this stock in a very important way...

My plan is to sit back and watch...these events could also make this a stock that moves up and down dramatically...who knows...If that's the case then I may swingtrade it again...Time will tell..

Come on Worm...spill the beans...What are you kids up to?


quote:
Originally posted by runningscared:
Is there anybody here I don't like? NO.
I'm talking about fellow investors here..
That said, I have dropped out.. completely from this company. Why? Is there anyone here that would challenge my words that powers that be are nothing more than complete liars?

Please do not attack me personally. Let the facts speak for themselves.

Product: Who really has a clue as to who owns what.
Management: We KNOW who they are -- hello? do you trust them?

I am out.. I am glad I am out.. and I suggest one and all who are hanging thier hats on this to get out fast!

Call me a basher? I am not. Call me someone who cars about people gettng totally ripped off? That's me.
Good luck
Bottom Line: You are about to get screwed.. and what is really sad is.. you know it



 
Posted by BuyTex on :
 
*ding ding*

Good round, boys--lemme get a cool one...

OK! have a it . . . but no eye-poking

*ding*

[Wink]
 
Posted by theW on :
 
Bearclaw

follow the steps below

1. Call your attorneys that you mention below.

2. print the information that I post in #5 below.

3. send the information to your attorneys.

4. Come back to us with their response.

5. Bearclaw is a dishonest and greedy individual based on his postings on this and other boards.


quote:
Originally posted by Bearclaw:
Worm...

Bearclaw:
You don't make the rules on this website...You just appeared today...Just your appearance and the rumors associated with you and your website make these issues "aspects of PLNI" and important to the companies future...and to me as an investor...swingtrader...

Posted by the worm...
"again...this is message board intended to be used to discuss the postive and negative aspects of PLNI."

Bearclaw:
I am here to make money...That is true...But be careful when you use the word dishonest...I may not be an attorney but I know a bunch of them...and they like the Bearclaw...

Posted by the worm...
"This only reason I am here is to debate you on PLNI, since you have shown to be a completely greedy and dishonest individual...yet you refuse to debate PLNI.."


Bearclaw:
Who are you talking about? Are they posting here on As?

Posted by the worm...
"Regarding the SEC and all that, there is a PLNI promoter that has been previously been charged by the SEC (1999) for violating SEC regulations. There is another promoter that was a paid consultant, promoter and business associate of a company, eConnect and its CEO, that were convicted of stock fraud and is now serving 8 years in jail..do you really think that this doesn't catch the attention of the authorities?"


 
Posted by Bearclaw on :
 
Hey Adolfe...
You put out the rumor of the new sharecount almost eight hours prior to it being put out for the public... before they were ever posted on Pinksheets...

Now Adolfe...this is USA not 1940's Germany...what the heck is the deal with that? How did you get this insider information? Please inform the masses oh "great One"


Posted by the worm...
There is no Bear raid.

When a company misleads its investors by increasing its shares outstanding from 1.8 billion to 2.3 billion in 3 months and then to 3.7 billion in 1 1/2 months, it is the company that is producing actions that lead to many people selling.
 
Posted by Bearclaw on :
 
Worm...
Thanks for the guidance...I'll do just that...
Oh and I appreciate you giving me Stockhunters name Jeff Mitchell...It will be easier for my lawyers and the Feds to come find you...Unless of course you want to give me your address and and ask Ava Braune to come along Adolfe...


Posted by the Worm...
Bearclaw

follow the steps below

1. Call your attorneys that you mention below.

2. print the information that I post in #5 below.

3. send the information to your attorneys.

4. Come back to us with their response.

5. Bearclaw is a dishonest and greedy individual based on his postings on this and other boards.
 
Posted by Bearclaw on :
 
Hey Buy...

I think the Worm is on a hook for now!!!!
gone fishin...hahahahaha


quote:
Originally posted by BuyTex:
*ding ding*

Good round, boys--lemme get a cool one...

OK! have a it . . . but no eye-poking

*ding*

[Wink]


 
Posted by BuyTex on :
 
Heck, I enjoyed the round...

worked my a$$ off today, and got here late.

hey, how did you equate the "Jeff" mention to SH? just wondering...
 
Posted by theW on :
 
Sorry Bearclaw

but I didn't put out any "rumor".

several weeks ago it was pointed out that the transfer agent mentioned that the shares outstanding were 3.7 billion.

your buddy, rrm, stated that it was a false and misleading statement and was fraud.

this was not insider information.

you refused to believe it.

the pinksheets people stated that they were waiting for the fax from PLNI stating the shares outstanding and that they expected after the close of trading on thursday...again..no insider information.

All of this information has been relayed to the SEC when it is received and before it is posted..

quote:
Originally posted by Bearclaw:
Hey Adolfe...
You put out the rumor of the new sharecount almost eight hours prior to it being put out for the public... before they were ever posted on Pinksheets...

Now Adolfe...this is USA not 1940's Germany...what the heck is the deal with that? How did you get this insider information? Please inform the masses oh "great One"


Posted by the worm...
There is no Bear raid.

When a company misleads its investors by increasing its shares outstanding from 1.8 billion to 2.3 billion in 3 months and then to 3.7 billion in 1 1/2 months, it is the company that is producing actions that lead to many people selling.


 
Posted by theW on :
 
Sorry again Bearclaw...

but your incompetence in doing due diligence is showing.

StockHunter is not Jeff Mitchell...

Jeff Mitchell is a real individual that posts under the alias "Jeff Mitchell" on SI.

Regarding the Feds...they know how to contact me because I am in communications with them all the time...

Regarding calling me Adolfe...I consider this to be libel....continue and you will now have a real reason to call your attorneys...ask around, I don't kid around about this...


quote:
Originally posted by Bearclaw:
Worm...
Thanks for the guidance...I'll do just that...
Oh and I appreciate you giving me Stockhunters name Jeff Mitchell...It will be easier for my lawyers and the Feds to come find you...Unless of course you want to give me your address and and ask Ava Braune to come along Adolfe...


Posted by the Worm...
Bearclaw

follow the steps below

1. Call your attorneys that you mention below.

2. print the information that I post in #5 below.

3. send the information to your attorneys.

4. Come back to us with their response.

5. Bearclaw is a dishonest and greedy individual based on his postings on this and other boards.


 
Posted by BuyTex on :
 
quote:
Originally posted by theW:
Sorry again Bearclaw...

but your incompetence in doing due diligence is showing.

StockHunter is not Jeff Mitchell...

Jeff Mitchell is a real individual that posts under the alias "Jeff Mitchell" on SI.

Regarding the Feds...they know how to contact me because I am in communications with them all the time...

Regarding calling me Adolfe...I consider this to be libel....continue and you will now have a real reason to call your attorneys...ask around, I don't kid around about this...


quote:
Originally posted by Bearclaw:
Worm...
Thanks for the guidance...I'll do just that...
Oh and I appreciate you giving me Stockhunters name Jeff Mitchell...It will be easier for my lawyers and the Feds to come find you...Unless of course you want to give me your address and and ask Ava Braune to come along Adolfe...


Posted by the Worm...
Bearclaw

follow the steps below

1. Call your attorneys that you mention below.

2. print the information that I post in #5 below.

3. send the information to your attorneys.

4. Come back to us with their response.

5. Bearclaw is a dishonest and greedy individual based on his postings on this and other boards.


**ding ding*

end round two,
referee time, lol

W, not quuuuite clear, here--the question as I viewed it was whether somehow you/yours/connected Web dealie posted info before "official" channels... is that true? if so, please explain how that happened. Sometimes I'm slow...

Bear, did you call him "Adolfe"?
 
Posted by Bearclaw on :
 
Really Worm...

Glad to hear I have a new buddy,...Please give him/her my best...Then let me know who your talking about...but...if you disregard him too then I bet I'll enjoy his company...now the intersting part of today...

I find it odd your denial...but hey ...your the "Grand Poopaw" the "Master" and can say anything you like...right Adolfe...???


Someone heard that Jeff Mitchell
(aka Stockhunter) posted on your famous site around Christmas time that he had the new stock numbers and that he got that from his TA...he was talking to Captain Kirk I hear...hmmmm

Now I was told that he indicated something similar, if I remember correctly, they said around the second week of January here on Allstocks...I have to go look some time for that post...

So here's the question...Where did Jeff Mitchell get that information? I have other questions too but you already know those...They have to do with what is it your group of Cherubs are planning in a possible attack on PLNI? Who is in it with you?

I, as an investor in PLNI, have every right to follow this lead that Stockhunter let slip in his post today. Is it your plan to attempt to shut down trading of PLNI for a 10 day period? Are you and your Bears going to flood the SEC with phone calls, faxes and E-mails again in an attempt to ruin this company....Remember...Jeff Mitchell aka Stockhunter... came here on Allstocks and created an E-mail barrage to the SEC from folks who post here at the same time you were doing it on your Website...I find that to be a coordinated effort...collusion...a plan...wonder what the Feds would think of that move....Hmmmm ...Oh well...now...

If you are going to do that again then I and other investors have a right to know...If an effort is again started to bring PLNI down then it has and will cost investors financially and you and your Cherubs are as guilty or more so than anyone connected with PLNI...

I notice you never answered these questions Adolfe...What are you afraid of.?? What is going to happen that brought you here to bait me? Come on spill the beans...afterall...I'm just one of the little guys who happens to put a few bucks into PLNI as a Swiwngtrader...You are afterall the great and powerful "WORM"...

I think your in trouble...I think your running scared and the fact that PLNI rebounded when it retraced Friday scared the crap out of the Worm...Literally...My problem is I don't know why...So...I'll probably be in a cash position Monday until it starts to fall out...

Worm...answer the questions...see ya Roberto!!!!
 
Posted by Bearclaw on :
 
Worm...hahahahah

You slipped and told us in your post that Stockhunter was Jeff Mitchell hahahah
That's where I got my DD...hahahahaha

Funny sheet...hahahahahah

Got to go now...still wondering what your afraid of...maybe an announcement of some sort from PLNI...Come on worm...spill the beans...
 
Posted by theW on :
 
please show me where I said that StocKHunter is Jeff Mitchell.

I didn't because StochHunter is NOT Jeff Mitchell

quote:
Originally posted by Bearclaw:
Worm...hahahahah

You slipped and told us in your post that Stockhunter was Jeff Mitchell hahahah
That's where I got my DD...hahahahaha

Funny sheet...hahahahahah

Got to go now...still wondering what your afraid of...maybe an announcement of some sort from PLNI...Come on worm...spill the beans...


 
Posted by theW on :
 
So...Bearclaw

please tell us....

In your swing trading activities, did you ever sell PLNI at the same time that you were pumping and hyping the stock in an attempt to get new investors into buying the very same shares that your were selling?
 
Posted by Bearclaw on :
 
Wormy...

Still trying to deflect from answering...Folks here know me...they know I swingtrade...

I swing SIRI and love the company but sell when it goes down hahahaha

Remember you make money in stocks by buying low and selling high....

Quoting the famous philosopher Forest Gump..."Stupid is as stupid does"

Come on Worm...spill the beans...


quote:
Originally posted by theW:
So...Bearclaw

please tell us....

In your swing trading activities, did you ever sell PLNI at the same time that you were pumping and hyping the stock in an attempt to get new investors into buying the very same shares that your were selling?


 
Posted by Bearclaw on :
 
Worm...
Here ya go...great DD hey ????

Come on Worm...are you going to attack PLNI? What's happening...Please reveal oh Great One...


Posted by the Worm:
"As Jeff Mitchell pointed out, many of the posters that come out of the SI thread had had experience in the past pointed out the frauds of companies and their management that eventually get convicted and sent to jail...the authorities know of this history and therefore are more open to investigating companies that are followed by these posters."

[ February 04, 2006, 19:11: Message edited by: Bearclaw ]
 
Posted by Bearclaw on :
 
Ya know Worm...

I'm basically a lazy person and hate doing DD...that's why I swingtrade...What a pain calling folks on the phone, tracking documents, looking on all kinds of websites for trickles of information...Now some people love to do that and God bless them...I know they enjoy it but just not my cup of tea...but...

When something as blatent as this potential attack on PLNI slaps me in the face I just can't help tracking it down...

Yepper...gonna be a fun week seeing what all happens...I hope this stays a great swing trade...but as the famous philosopher...
The Shadow says... "What evil lurks in the hearts of men? The Shadow knows" or is it the Worm Knows....give my best to your buddy Jeff aka Stockhunter and his Guy Friday State...

See ya later Roberto...
 
Posted by theW on :
 
bearclaw

why are you not answering the question?

I repeat:

So...Bearclaw

please tell us....

In your swing trading activities, did you ever sell PLNI at the same time that you were pumping and hyping the stock in an attempt to get new investors into buying the very same shares that your were selling?


quote:
Originally posted by Bearclaw:
Wormy...

Still trying to deflect from answering...Folks here know me...they know I swingtrade...

I swing SIRI and love the company but sell when it goes down hahahaha

Remember you make money in stocks by buying low and selling high....

Quoting the famous philosopher Forest Gump..."Stupid is as stupid does"

Come on Worm...spill the beans...


quote:
Originally posted by theW:
So...Bearclaw

please tell us....

In your swing trading activities, did you ever sell PLNI at the same time that you were pumping and hyping the stock in an attempt to get new investors into buying the very same shares that your were selling?



 
Posted by theW on :
 
Bearclaw

since when is a "potential" attack on a company considered "blatent"?

the only thing that you are going to see next week is a massive selling of shares into the market by investors that have opened their eyes to the 3.7 billion shares outstanding,without the buying support that was exhibited on Friday.

You are also going to see PLNI issue the balance of the 1.3 billion shares that are left in the 5.0 billion authorized shares before PLNI is closed down.


quote:
Originally posted by Bearclaw:
Ya know Worm...

I'm basically a lazy person and hate doing DD...that's why I swingtrade...What a pain calling folks on the phone, tracking documents, looking on all kinds of websites for trickles of information...Now some people love to do that and God bless them...I know they enjoy it but just not my cup of tea...but...

When something as blatent as this potential attack on PLNI slaps me in the face I just can't help tracking it down...

Yepper...gonna be a fun week seeing what all happens...I hope this stays a great swing trade...but as the famous philosopher...
The Shadow says... "What evil lurks in the hearts of men? The Shadow knows" or is it the Worm Knows....give my best to your buddy Jeff aka Stockhunter and his Guy Friday State...

See ya later Roberto...


 
Posted by theW on :
 
Bearclaw

let me see if I can understand this:

You are finally admitting that you have done very little due diligence on PLNI.

yet you have continuously attacked any poster that attempted to post factual due diligence on PLNI that was negative....

and

you have admitted ot actively selling PLNI shares in the process of swing trading...

so, please tell us why should anyone ever believe what you post?


quote:
Originally posted by Bearclaw:
Ya know Worm...

I'm basically a lazy person and hate doing DD...that's why I swingtrade...What a pain calling folks on the phone, tracking documents, looking on all kinds of websites for trickles of information...Now some people love to do that and God bless them...I know they enjoy it but just not my cup of tea...but...

When something as blatent as this potential attack on PLNI slaps me in the face I just can't help tracking it down...

Yepper...gonna be a fun week seeing what all happens...I hope this stays a great swing trade...but as the famous philosopher...
The Shadow says... "What evil lurks in the hearts of men? The Shadow knows" or is it the Worm Knows....give my best to your buddy Jeff aka Stockhunter and his Guy Friday State...

See ya later Roberto...


 
Posted by state780 on :
 
I had hoped Tex's good humor would tone things down. Alas, no such luck.

I truly want to focus on things that actually matter and that bear some relationship to reality, but false accusations have to be answered. I'm not part of any coordinated attempt to engineer anything with the Worm. As he will attest, I have asked him to tone things down because like will I don't want this thread shut down.

And Bear, simply repeating something doesn't make it true. You have no evidence that Stockhunter is Jeff Mitchell. I'm sure he isn't. Nor has Stockhunter ever posted anything over there. Instead, the worm cut-and-pasted some of his comments. Stock didn't let anything "slip" that isn't available to anyone reading the boards--posters are saying they're complainig to authorities. And so on.

The only reason I can see for all the mud to be thrown up is that there are precious few rational arguments in favor of PLNI right now. So off to the races we go.

It's amazing how quickly some people can spin wild theories in the face of harsh reality.

PLNI has repeatedly delayed the audit completion. It recently failed to live up to a pledge to provide information about a share reduction and buyback. Over the past 8 or 9 months, and after posting a Dec. 30 PR referencing a 200 million share reduction, it expanded the o/s first from 2 billion to 2.3 billion and then to 3.7 billion; and the float from 500 million up to 690 million and then to 2.3 billion. It secretly filed documents expanding the a/s to 5 billion. And none of these actions have been explained in any official statement from the company.

That is the short version.

Under what scenario is some internet cabal required to harm the pps?

Nope, it's a rational market reaction. And anyone complaning to the SEC or anyone else is within their rights.
 
Posted by BuyTex on :
 
quote:
Originally posted by theW:
please show me where I said that StocKHunter is Jeff Mitchell.

I didn't because StochHunter is NOT Jeff Mitchell

quote:
Originally posted by Bearclaw:
Worm...hahahahah

You slipped and told us in your post that Stockhunter was Jeff Mitchell hahahah
That's where I got my DD...hahahahaha

Funny sheet...hahahahahah

Got to go now...still wondering what your afraid of...maybe an announcement of some sort from PLNI...Come on worm...spill the beans...


w,

don't know if you noticed, but I hadda question...if you're not too busy.

Also, if these "stockhunter" (whose posts I enjoy) and "jeff mitchell" are as as you say:

quote:
I didn't because StochHunter is NOT Jeff Mitchell
how do you know who someone is *not*?

-- tex
 
Posted by Bearclaw on :
 
Adolfe...

I better be careful...I know you can send the Gustapo...

I already answered you ...below...If I believe in a company I tell people that...just like SIRI...I also hate having bashers/bears like the Website...The Worm... has who I hear travel to other sites bashing a company that they want to destroy or push the PPS down...The Level 4 bashers like your buddy Jeff are the toughest for folks to recognize...They are just so good with words...Hey Stockhunter...????

I also cleary state that I swingtrade...Everyone knows that here "El Comadore" You just are a Newbie to Allstocks and have left the safety of your own Website "The Worm" so you think you are the Great and Powerful one here too protected by your Cherubs with flaming pitchforks....

Everyone on this site knows me and know how I trade...So I buy low and sell high...Go see Forest...he's got your number...

quote:
Originally posted by Bearclaw:
Wormy...

Still trying to deflect from answering...Folks here know me...they know I swingtrade...

I swing SIRI and love the company but sell when it goes down hahahaha

Remember you make money in stocks by buying low and selling high....

Quoting the famous philosopher Forest Gump..."Stupid is as stupid does"

Come on Worm...spill the beans...


quote:
Originally posted by theW:
So...Bearclaw

please tell us....

In your swing trading activities, did you ever sell PLNI at the same time that you were pumping and hyping the stock in an attempt to get new investors into buying the very same shares that your were selling?



 
Posted by Bearclaw on :
 
Stockhunter...

This is your coming out party...I had been told you were connected with the Worm but didn't know who or what he was...I really didn't give two sheets until it effected my investment...I began to find out a few weeks ago...Your cover's blown here...The Worm told us you were Jeff Mitchell from his site...

I still want to know...

How you knew the new share count before it was public...long before?

Why you are supporting a SEC shut down of trading PLNI for 10 days..

What is it that is going to happen concerning PLNI?

What insider information do you have and from who?

It's obvious that first State posted today, then you came in with your slip about shutting down PLNI trading for 10 days and a few other intersting items...so...then the Big Boss the "Worm" came here to bait me...The timing is not a coincidence...so...why not get real with folks about who you are and what your goals with this stock are...You don't own any shares ...so what's the deal?

I must admit you are one of the best Level 4 bashers I've seen...if not the best...I've been around for four years and folks really trusted you here...and you write so very well...no doubt your an extremely bright guy...So what was your motive? Have you been doing this long?

You owe it to some folks here who have supported you to at least send them a PM and let them know what's happening...If they should sell then tell them...if they should buy then tell them...If you are involved in a group trying to shut PLNI down then tell them...Many folks here have backed you 100%...pay them back for that...

For everyone who owns shares...Do some DD and find out from folks about the Worms Website...I don't know much about him other than what you've read today...sorry...and good luck...
 
Posted by StockHunter on :
 
Since you guys are so determined to make me someone I'm not, at least make me someone with a nice house, a full head of hair and a really hot wife.

BTW, in case you haven't noticed, there are a whole bunch of people here arguing with one guy who will never, ever, be swayed by anything you have to say. There must be better ways to spend a Saturday. Now .... step away from the computer...[note to self= follow own advise].
 
Posted by will on :
 
I don't particularly like seeing this stuff, but then again it too is revealing. No revalation regarding the stock and/or the company. I think the last few pages speak for themselves, and reasonable people will draw some sobering conclusions regarding who is who, and what they contribute, and maybe even a little bit about their character.
 
Posted by Bearclaw on :
 
Damn your funny...

What? You trying to bail out your boys...Worm..??? Not their fault...guess who's?

Your the one who screwed up...
You never should have come here...
I know your the guy who essentially trained Jeff aka Stockhunter...so I know your as good with words or better...Nice try...but quit trying to bait me into something else...deflect from your screw up...I bet you've been trying to get these 2-3 pages deleted...thought you might be a brighter guy...Oh well...

I'm done for tonight...let folks read all the posts of today and all the things that were said...

They will all be wondering why the Great and Powerful Worm came to our little site...and...it will be very clear to them that your group is planning something...Led by you...

Please understand all of this communication is going elswhere...Where do you think I might send it?

Might be a good time to lawyer up Roberto...You screwed with the wrong persons investment...It wasn't Jeff Mitchells fault aka. Stockhunter so don't blame him...I would have left today if you didn't show your face...I was wondering why the Worm would bother with me...Made me think something is very wrong...guess what...something is very wrong...

The mistake you made was opening your big mouth...thinking you were dealing with small timers who the "Worm" can chew up and spit out...Allstocks is full of very bright folks who are new to investing...

Big mistake Adolfe...ooops..Roberto...

Oh...don't bother telling me where to point the authorities...already have that information...

Good night and good luck...


quote:
Originally posted by theW:
Bearclaw

let me see if I can understand this:

You are finally admitting that you have done very little due diligence on PLNI.

yet you have continuously attacked any poster that attempted to post factual due diligence on PLNI that was negative....

and

you have admitted ot actively selling PLNI shares in the process of swing trading...

so, please tell us why should anyone ever believe what you post?


quote:
Originally posted by Bearclaw:
Ya know Worm...

I'm basically a lazy person and hate doing DD...that's why I swingtrade...What a pain calling folks on the phone, tracking documents, looking on all kinds of websites for trickles of information...Now some people love to do that and God bless them...I know they enjoy it but just not my cup of tea...but...

When something as blatent as this potential attack on PLNI slaps me in the face I just can't help tracking it down...

Yepper...gonna be a fun week seeing what all happens...I hope this stays a great swing trade...but as the famous philosopher...
The Shadow says... "What evil lurks in the hearts of men? The Shadow knows" or is it the Worm Knows....give my best to your buddy Jeff aka Stockhunter and his Guy Friday State...

See ya later Roberto...



 
Posted by BuyTex on :
 
SH:

I'll give ya a full head a hair and a nice house...lol

fwiw? i've mentioned your informative posts, several times, as you may remember.

This "w"? I'd appreciate an answer...
 
Posted by Bearclaw on :
 
Will...

I'm sorry you had to read all of this...Different parts of pennyland are controlled by groups...There are all kinds of different groups pulling together...Some of those are just folks who share information...

But...greed is the primary motivator here in pennyland...from group plays to posting false information and many levels in between...Some of these groups have been around for a long time...

There are many Guru's...Momo is the famous group play Guru who got kicked out of Allstocks this year for example...He pops his ugly head now and again but too many folks know him now so his group plays don't work here anymore...

Some Guru's are actually the same con man using different names and setting up several blogs...with helpers...These groups have been conning folks for years and some of the members are great cons...I'm talking they would fool your grey headed grand mother...obviously...some are in jail...

When a new person comes here they are in a vunerable place if indentified by some of these folks...Folks have been sucked in after trading for a long time...It's the con that draws folks...

I know I've posted and prodded and slammed over the past ...but...I knew there was some bad folks around PLNI and that it wasn't good for my investment or the company...and...yes I believe this company will be successful if an attack to put it out of business doesn't happen...Look into hedge funds and those scandals...equate that and Naked Shorting to pennies and it's a gold mine for smart thieves.....but can be death to a company starting to enter the market...

Now I know more about PLNI thanks to the Worms ego...Enough to know to be real careful...not of Turek but of possibly something else...Maybe this time I won't get caught in the con...Sorry again for all of the BS...

quote:
Originally posted by will:
I don't particularly like seeing this stuff, but then again it too is revealing. No revalation regarding the stock and/or the company. I think the last few pages speak for themselves, and reasonable people will draw some sobering conclusions regarding who is who, and what they contribute, and maybe even a little bit about their character.


 
Posted by upod2006 on :
 
I'm not sure I can follow this thread anymore. A lot of poor spelling and misused apostrophes makes for a tough read.

UPOD2006
 
Posted by BuyTex on :
 
upod:

lol, if apostrophre-misusage bothers you that much? Suggest you find nother way tu m'ak'e mooooooneyy'''''''''

That's the least of your concerns...or should be
 
Posted by theW on :
 
Bearclaw

ha! you are one funny guy

I sure didn't screw up...

StockHunter is not Jeff Mitchell

Jeff Mitchell has been involved in exposing frauds way before I ever posted on message boards...

Regarding training StockHunter, his posts come from the heart, with pure honesty, which certainly cannot be trained.... unlike the two-faced greedy person like you, that runs to his mommy whenever asked a question by me:

http://www.siliconinvestor.com/readmsg.aspx?msgid=22133430


I am not trying to bait you into something else...I am asking you to have a discussion about PLNI, which is what this message board is all about...and you continue to refuse...

I am not trying to get any pages deleted because I stand by everyone of my posted messages on any board for the last five years...unlike yourself...

Regarding why I came to post on this message board: I came to see what kind of pu.....y you are...and it has been verified by your answers...

Regarding getting an attorney, I don't use attorneys...I represent myself..in each of the six lawsuits that I have been added as a defendant by the fraudulant companies that sued me...let me show you what happened to the people involved with the first company that sued me in 2000 for just asking questions about the financial statements of that company:

1. One Director was convicted of fraud in the UK and got a 5 year sentence.

2. A second Director received a "Wells Letter" from the SEC informing him that he is going to be charged with certain violations of SEC regulations.

3. The promoter, equivalent to what the Green Baron does with PLNI, was convicted of fraud and is now serving a long jail sentence.

4. One of the offshore investors was indicted for fraud and is in "hiding".

5. The stock price has lost 99.999% of its value and is now in the pink sheets.

6. The President was fired.

etc
etc
etc


quote:
Originally posted by Bearclaw:
Damn your funny...

What? You trying to bail out your boys...Worm..??? Not their fault...guess who's?

Your the one who screwed up...
You never should have come here...
I know your the guy who essentially trained Jeff aka Stockhunter...so I know your as good with words or better...Nice try...but quit trying to bait me into something else...deflect from your screw up...I bet you've been trying to get these 2-3 pages deleted...thought you might be a brighter guy...Oh well...

I'm done for tonight...let folks read all the posts of today and all the things that were said...

They will all be wondering why the Great and Powerful Worm came to our little site...and...it will be very clear to them that your group is planning something...Led by you...

Please understand all of this communication is going elswhere...Where do you think I might send it?

Might be a good time to lawyer up Roberto...You screwed with the wrong persons investment...It wasn't Jeff Mitchells fault aka. Stockhunter so don't blame him...I would have left today if you didn't show your face...I was wondering why the Worm would bother with me...Made me think something is very wrong...guess what...something is very wrong...

The mistake you made was opening your big mouth...thinking you were dealing with small timers who the "Worm" can chew up and spit out...Allstocks is full of very bright folks who are new to investing...

Big mistake Adolfe...ooops..Roberto...

Oh...don't bother telling me where to point the authorities...already have that information...

Good night and good luck...


quote:
Originally posted by theW:
Bearclaw

let me see if I can understand this:

You are finally admitting that you have done very little due diligence on PLNI.

yet you have continuously attacked any poster that attempted to post factual due diligence on PLNI that was negative....

and

you have admitted ot actively selling PLNI shares in the process of swing trading...

so, please tell us why should anyone ever believe what you post?


quote:
Originally posted by Bearclaw:
Ya know Worm...

I'm basically a lazy person and hate doing DD...that's why I swingtrade...What a pain calling folks on the phone, tracking documents, looking on all kinds of websites for trickles of information...Now some people love to do that and God bless them...I know they enjoy it but just not my cup of tea...but...

When something as blatent as this potential attack on PLNI slaps me in the face I just can't help tracking it down...

Yepper...gonna be a fun week seeing what all happens...I hope this stays a great swing trade...but as the famous philosopher...
The Shadow says... "What evil lurks in the hearts of men? The Shadow knows" or is it the Worm Knows....give my best to your buddy Jeff aka Stockhunter and his Guy Friday State...

See ya later Roberto...




 
Posted by BuyTex on :
 
quote:
Originally posted by theW:
Bearclaw

ha! you are one funny guy

I sure didn't screw up...

StockHunter is not Jeff Mitchell

Jeff Mitchell has been involved in exposing frauds way before I ever posted on message boards...

Regarding training StockHunter, his posts come from the heart, with pure honesty, which certainly cannot be trained.... unlike the two-faced greedy person like you, that runs to his mommy whenever asked a question by me:

http://www.siliconinvestor.com/readmsg.aspx?msgid=22133430


I am not trying to bait you into something else...I am asking you to have a discussion about PLNI, which is what this message board is all about...and you continue to refuse...

I am not trying to get any pages deleted because I stand by everyone of my posted messages on any board for the last five years...unlike yourself...

Regarding why I came to post on this message board: I came to see what kind of pu.....y you are...and it has been verified by your answers...

Regarding getting an attorney, I don't use attorneys...I represent myself..in each of the six lawsuits that I have been added as a defendant by the fraudulant companies that sued me...let me show you what happened to the people involved with the first company that sued me in 2000 for just asking questions about the financial statements of that company:

1. One Director was convicted of fraud in the UK and got a 5 year sentence.

2. A second Director received a "Wells Letter" from the SEC informing him that he is going to be charged with certain violations of SEC regulations.

3. The promoter, equivalent to what the Green Baron does with PLNI, was convicted of fraud and is now serving a long jail sentence.

4. One of the offshore investors was indicted for fraud and is in "hiding".

5. The stock price has lost 99.999% of its value and is now in the pink sheets.

6. The President was fired.

etc
etc
etc


quote:
Originally posted by Bearclaw:
Damn your funny...

What? You trying to bail out your boys...Worm..??? Not their fault...guess who's?

Your the one who screwed up...
You never should have come here...
I know your the guy who essentially trained Jeff aka Stockhunter...so I know your as good with words or better...Nice try...but quit trying to bait me into something else...deflect from your screw up...I bet you've been trying to get these 2-3 pages deleted...thought you might be a brighter guy...Oh well...

I'm done for tonight...let folks read all the posts of today and all the things that were said...

They will all be wondering why the Great and Powerful Worm came to our little site...and...it will be very clear to them that your group is planning something...Led by you...

Please understand all of this communication is going elswhere...Where do you think I might send it?

Might be a good time to lawyer up Roberto...You screwed with the wrong persons investment...It wasn't Jeff Mitchells fault aka. Stockhunter so don't blame him...I would have left today if you didn't show your face...I was wondering why the Worm would bother with me...Made me think something is very wrong...guess what...something is very wrong...

The mistake you made was opening your big mouth...thinking you were dealing with small timers who the "Worm" can chew up and spit out...Allstocks is full of very bright folks who are new to investing...

Big mistake Adolfe...ooops..Roberto...

Oh...don't bother telling me where to point the authorities...already have that information...

Good night and good luck...


quote:
Originally posted by theW:
Bearclaw

let me see if I can understand this:

You are finally admitting that you have done very little due diligence on PLNI.

yet you have continuously attacked any poster that attempted to post factual due diligence on PLNI that was negative....

and

you have admitted ot actively selling PLNI shares in the process of swing trading...

so, please tell us why should anyone ever believe what you post?


quote:
Originally posted by Bearclaw:
Ya know Worm...

I'm basically a lazy person and hate doing DD...that's why I swingtrade...What a pain calling folks on the phone, tracking documents, looking on all kinds of websites for trickles of information...Now some people love to do that and God bless them...I know they enjoy it but just not my cup of tea...but...

When something as blatent as this potential attack on PLNI slaps me in the face I just can't help tracking it down...

Yepper...gonna be a fun week seeing what all happens...I hope this stays a great swing trade...but as the famous philosopher...
The Shadow says... "What evil lurks in the hearts of men? The Shadow knows" or is it the Worm Knows....give my best to your buddy Jeff aka Stockhunter and his Guy Friday State...

See ya later Roberto...




w, will you answer my questions?

thanks,

-- tex
 
Posted by tarpontamer on :
 
I'm a long time lurker and not much of a poster, but, I must say the wild "theories" about groups out to get plni is getting a little rediculous. Facts are facts. Plni is their own worst enemy.


And I personally want to thank State and Stockhunter for the tremendous DD. Their opinions kept me from investing in this and saved me alot of money. I believed them from the start, because it all made sense. What plni has done is common and done by the best of them. I have been around long enough, to listen to, all the windbags and their crazy conspiracies about groups having a secret agenda, all the while the company continues to decieve.

The facts are facts about plni and no one can dispute their underhanded practices. Not even you Bearclaw.
 
Posted by theW on :
 
BuyTex

sorry for the delay...

I know that StockHunter is not Jeff Mitchell because I have communicated with Jeff Mitchell during the last few years...he moderates a message board on Silicon Investor that discusses SLAAPs, and is considered one of the experts in the field....

http://www.siliconinvestor.com/subject.aspx?subjectid=28509

I don't know StockHunter other than his posted messages, but they are not the same perosn...

If you have any other questions or if I missed any, please let me know...

quote:
Originally posted by BuyTex:
quote:
Originally posted by theW:
Bearclaw

ha! you are one funny guy

I sure didn't screw up...

StockHunter is not Jeff Mitchell

Jeff Mitchell has been involved in exposing frauds way before I ever posted on message boards...

Regarding training StockHunter, his posts come from the heart, with pure honesty, which certainly cannot be trained.... unlike the two-faced greedy person like you, that runs to his mommy whenever asked a question by me:

http://www.siliconinvestor.com/readmsg.aspx?msgid=22133430


I am not trying to bait you into something else...I am asking you to have a discussion about PLNI, which is what this message board is all about...and you continue to refuse...

I am not trying to get any pages deleted because I stand by everyone of my posted messages on any board for the last five years...unlike yourself...

Regarding why I came to post on this message board: I came to see what kind of pu.....y you are...and it has been verified by your answers...

Regarding getting an attorney, I don't use attorneys...I represent myself..in each of the six lawsuits that I have been added as a defendant by the fraudulant companies that sued me...let me show you what happened to the people involved with the first company that sued me in 2000 for just asking questions about the financial statements of that company:

1. One Director was convicted of fraud in the UK and got a 5 year sentence.

2. A second Director received a "Wells Letter" from the SEC informing him that he is going to be charged with certain violations of SEC regulations.

3. The promoter, equivalent to what the Green Baron does with PLNI, was convicted of fraud and is now serving a long jail sentence.

4. One of the offshore investors was indicted for fraud and is in "hiding".

5. The stock price has lost 99.999% of its value and is now in the pink sheets.

6. The President was fired.

etc
etc
etc


quote:
Originally posted by Bearclaw:
Damn your funny...

What? You trying to bail out your boys...Worm..??? Not their fault...guess who's?

Your the one who screwed up...
You never should have come here...
I know your the guy who essentially trained Jeff aka Stockhunter...so I know your as good with words or better...Nice try...but quit trying to bait me into something else...deflect from your screw up...I bet you've been trying to get these 2-3 pages deleted...thought you might be a brighter guy...Oh well...

I'm done for tonight...let folks read all the posts of today and all the things that were said...

They will all be wondering why the Great and Powerful Worm came to our little site...and...it will be very clear to them that your group is planning something...Led by you...

Please understand all of this communication is going elswhere...Where do you think I might send it?

Might be a good time to lawyer up Roberto...You screwed with the wrong persons investment...It wasn't Jeff Mitchells fault aka. Stockhunter so don't blame him...I would have left today if you didn't show your face...I was wondering why the Worm would bother with me...Made me think something is very wrong...guess what...something is very wrong...

The mistake you made was opening your big mouth...thinking you were dealing with small timers who the "Worm" can chew up and spit out...Allstocks is full of very bright folks who are new to investing...

Big mistake Adolfe...ooops..Roberto...

Oh...don't bother telling me where to point the authorities...already have that information...

Good night and good luck...


quote:
Originally posted by theW:
Bearclaw

let me see if I can understand this:

You are finally admitting that you have done very little due diligence on PLNI.

yet you have continuously attacked any poster that attempted to post factual due diligence on PLNI that was negative....

and

you have admitted ot actively selling PLNI shares in the process of swing trading...

so, please tell us why should anyone ever believe what you post?


quote:
Originally posted by Bearclaw:
Ya know Worm...

I'm basically a lazy person and hate doing DD...that's why I swingtrade...What a pain calling folks on the phone, tracking documents, looking on all kinds of websites for trickles of information...Now some people love to do that and God bless them...I know they enjoy it but just not my cup of tea...but...

When something as blatent as this potential attack on PLNI slaps me in the face I just can't help tracking it down...

Yepper...gonna be a fun week seeing what all happens...I hope this stays a great swing trade...but as the famous philosopher...
The Shadow says... "What evil lurks in the hearts of men? The Shadow knows" or is it the Worm Knows....give my best to your buddy Jeff aka Stockhunter and his Guy Friday State...

See ya later Roberto...




w, will you answer my questions?

thanks,

-- tex


 
Posted by Tull on :
 
Those Burger King commercials where they dub the Burger King into football footage kill me. =)
 
Posted by theW on :
 
Somehow Bearclaw forgets to mention that all of these "groups" of "con" men are involved in convincing investors to BUY the stock, not sell it...and typically these con groups are paid by the companies that they promote...


quote:
Originally posted by Bearclaw:
Will...

I'm sorry you had to read all of this...Different parts of pennyland are controlled by groups...There are all kinds of different groups pulling together...Some of those are just folks who share information...

But...greed is the primary motivator here in pennyland...from group plays to posting false information and many levels in between...Some of these groups have been around for a long time...

There are many Guru's...Momo is the famous group play Guru who got kicked out of Allstocks this year for example...He pops his ugly head now and again but too many folks know him now so his group plays don't work here anymore...

Some Guru's are actually the same con man using different names and setting up several blogs...with helpers...These groups have been conning folks for years and some of the members are great cons...I'm talking they would fool your grey headed grand mother...obviously...some are in jail...

When a new person comes here they are in a vunerable place if indentified by some of these folks...Folks have been sucked in after trading for a long time...It's the con that draws folks...

I know I've posted and prodded and slammed over the past ...but...I knew there was some bad folks around PLNI and that it wasn't good for my investment or the company...and...yes I believe this company will be successful if an attack to put it out of business doesn't happen...Look into hedge funds and those scandals...equate that and Naked Shorting to pennies and it's a gold mine for smart thieves.....but can be death to a company starting to enter the market...

Now I know more about PLNI thanks to the Worms ego...Enough to know to be real careful...not of Turek but of possibly something else...Maybe this time I won't get caught in the con...Sorry again for all of the BS...

quote:
Originally posted by will:
I don't particularly like seeing this stuff, but then again it too is revealing. No revalation regarding the stock and/or the company. I think the last few pages speak for themselves, and reasonable people will draw some sobering conclusions regarding who is who, and what they contribute, and maybe even a little bit about their character.



 
Posted by upod2006 on :
 
lol

yeah buy tex it is the least of my cocerns.

but i can only read about Adolf (not Adolfe) and Eva Braun (Ava Braune) so many times--no offense bearclaw.

just thought i'd throw my 2 pennies in (that's worth about 3 shares of PLNI though).

for the record, i am holding in PLNI. have read a lot of good posts on here to make me do some more DD (thanks for the links all) =)

the 'war' has been very entertaining. we are missing some famous players though....i.e.--who is mooselini, hemmlir, stallen, and/or heroheeto??

i can play a mean mc earthar (i shall return....dividends) if we need one.

UPOD
 
Posted by upod2006 on :
 
Hey Tull--is that footage of Steve Young?? I notice it's a lefty playing for the 49ers.

That was my guess anyway.

I love those old 1970/80 football videos with the trombones playing and stuff.

UPOD
 
Posted by theW on :
 
tarpon

I am sure that there are many investors that feel the same, but do not post much...

excellent post

again: facts are facts and PLNI is their own worst enemy

quote:
Originally posted by tarpontamer:
I'm a long time lurker and not much of a poster, but, I must say the wild "theories" about groups out to get plni is getting a little rediculous. Facts are facts. Plni is their own worst enemy.


And I personally want to thank State and Stockhunter for the tremendous DD. Their opinions kept me from investing in this and saved me alot of money. I believed them from the start, because it all made sense. What plni has done is common and done by the best of them. I have been around long enough, to listen to, all the windbags and their crazy conspiracies about groups having a secret agenda, all the while the company continues to decieve.

The facts are facts about plni and no one can dispute their underhanded practices. Not even you Bearclaw.


 
Posted by Stock Jockey on :
 
Forget it Tex,
Not likely you will get an answer.

Great Job Bearclaw!!!! worm must really like you alot he is quoting you on his website. I see he doesn't like to answer the questions but loves to ask them.

Hey wormy... If you don't like being called names why do you post even worse on your own blog?????

Quote from the worm:
"The Truly Despicable Mr. Pumpy the Paid Promoter"

Just keep posting your crap on your blog and I'm sure someone will eventually take a large chunk out of your azzzz for liable, slander and stock manipulation. All pages on your blog have been recorded for future use.

This is one worm I wouldn't even feed to carp.
Bawahahahahahahaha
 
Posted by DQ. on :
 
Man,,,,, I go take the wife shopping today and come home and find "The Ultimate Fighting Championship" simmer down guys. Even though I'm out for long term I still think there is alot of money to be made with PLNI on a shorter term.
I'll try to get back in soon and catch a few waves. (used to live on the coast...now West Texas desert.) any wave is good now. I have plenty of beach here...just no water.
Anyway, good luck to all and I don't think I would really bury Jim in 6' of concrete.....that would waste some darn good concrete.
Good luck all.
Pop a cold one...take a nerve pill and chill Ya'll!
 
Posted by ed19363 on :
 
IMO, there are several here who need their Prozac re-filled.
 
Posted by state780 on :
 
"Anyway, good luck to all and I don't think I would really bury Jim in 6' of concrete.....that would waste some darn good concrete."

lol!

GLTA
 
Posted by The Bigfoot on :
 
I think I'll just put this one on my "don't bother" list. Too much emotion here to have a valuable conversation.


Threatening legal action?? And responding in kind??? Come on people, life's too good for this much BS on a Saturday.

The Bigfoot
 
Posted by theW on :
 
Stock Jockey

care to point out which messages on the blog are false?

and

do us a favor please:

show us one lawsuit filed in this country where an anonymous alias from a message board claimed he was libeled...just one case...you can't, because there aren't any....anonymous aliases, by definition cannot be libeled...


quote:
Originally posted by Stock Jockey:
Forget it Tex,
Not likely you will get an answer.

Great Job Bearclaw!!!! worm must really like you alot he is quoting you on his website. I see he doesn't like to answer the questions but loves to ask them.

Hey wormy... If you don't like being called names why do you post even worse on your own blog?????

Quote from the worm:
"The Truly Despicable Mr. Pumpy the Paid Promoter"

Just keep posting your crap on your blog and I'm sure someone will eventually take a large chunk out of your azzzz for liable, slander and stock manipulation. All pages on your blog have been recorded for future use.

This is one worm I wouldn't even feed to carp.
Bawahahahahahahaha


 
Posted by will on :
 
Funny, I agree there is a lot name calling and BS as you call it, but I think it is important that everyone see it. Again, it speaks for itself, and shows reasonable people the character of fellow poster(s), and how they behave under stress, or when they fear the worse.

quote:
Originally posted by The Bigfoot:
I think I'll just put this one on my "don't bother" list. Too much emotion here to have a valuable conversation.


Threatening legal action?? And responding in kind??? Come on people, life's too good for this much BS on a Saturday.

The Bigfoot


 
Posted by theW on :
 
StockJockey

you state that:

"All pages on your blog have been recorded for future use."

yes I agree, I know of several "authorities" that record the information in the blog for future use...


quote:
Originally posted by Stock Jockey:
Forget it Tex,
Not likely you will get an answer.

Great Job Bearclaw!!!! worm must really like you alot he is quoting you on his website. I see he doesn't like to answer the questions but loves to ask them.

Hey wormy... If you don't like being called names why do you post even worse on your own blog?????

Quote from the worm:
"The Truly Despicable Mr. Pumpy the Paid Promoter"

Just keep posting your crap on your blog and I'm sure someone will eventually take a large chunk out of your azzzz for liable, slander and stock manipulation. All pages on your blog have been recorded for future use.

This is one worm I wouldn't even feed to carp.
Bawahahahahahahaha


 
Posted by Bearclaw on :
 
Stock Jockey...

I have all the pages here...that's really all I needed...thanks for looking over on his Website...but I could care less what he posts over there...It is interesting reading for folks who aren't aware of web sites like his...

He's just scrambling now because he said way too much...He's getting scared so he's really on the offensive...Interesting from a guy who attempts to look like he's got his sheet together to make such a huge mistake today...

Should get interesting as things fall out...He was close to telling exactly what he was doing...maybe someone told him to shut up...damn he was close...but pages 97-99 on this blog make his intent and activities clear enough to know there is involvement...and that involvement may effect PLNI...so...how deep that involvement and how it effects PLNI is anyone's guess...we did get a view of the possibilities...See you Monday...Good luck trading...
 
Posted by state780 on :
 
belated thanks to tarpontamer, and to others for their kind words.
 
Posted by theW on :
 
ha!

nobody is scared

nobody is scrambling

nobody said way too much


there is only one thing people need to know about PLNI:
.
.
.
.
.
.
.
.
.
.
3.7 billion shares outstanding, up from 2.3 billion two months ago....

nothing else


so...Bearclaw...why is it that you refuse to discuss PLNI?

After all, isn't this message board intended for discussion of the pros and cons of PLNI?


quote:
Originally posted by Bearclaw:
Stock Jockey...

I have all the pages here...that's really all I needed...thanks for looking over on his Website...but I could care less what he posts over there...It is interesting reading for folks who aren't aware of web sites like his...

He's just scrambling now because he said way too much...He's getting scared so he's really on the offensive...Interesting from a guy who attempts to look like he's got his sheet together to make such a huge mistake today...

Should get interesting as things fall out...He was close to telling exactly what he was doing...maybe someone told him to shut up...damn he was close...but pages 97-99 on this blog make his intent and activities clear enough to know there is involvement...and that involvement may effect PLNI...so...how deep that involvement and how it effects PLNI is anyone's guess...we did get a view of the possibilities...See you Monday...Good luck trading...


 
Posted by BuyTex on :
 
I understand the delay...ya---

thanks for replying, w

I would *however* like to know this:

do you run a Web site?

was that site any way/shape/form privvy to advance knowledge?

tia,

-tex

quote:
Originally posted by theW:
BuyTex

sorry for the delay...

I know that StockHunter is not Jeff Mitchell because I have communicated with Jeff Mitchell during the last few years...he moderates a message board on Silicon Investor that discusses SLAAPs, and is considered one of the experts in the field....

http://www.siliconinvestor.com/subject.aspx?subjectid=28509

I don't know StockHunter other than his posted messages, but they are not the same perosn...

If you have any other questions or if I missed any, please let me know...

quote:
Originally posted by BuyTex:
quote:
Originally posted by theW:
Bearclaw

ha! you are one funny guy

I sure didn't screw up...

StockHunter is not Jeff Mitchell

Jeff Mitchell has been involved in exposing frauds way before I ever posted on message boards...

Regarding training StockHunter, his posts come from the heart, with pure honesty, which certainly cannot be trained.... unlike the two-faced greedy person like you, that runs to his mommy whenever asked a question by me:

http://www.siliconinvestor.com/readmsg.aspx?msgid=22133430


I am not trying to bait you into something else...I am asking you to have a discussion about PLNI, which is what this message board is all about...and you continue to refuse...

I am not trying to get any pages deleted because I stand by everyone of my posted messages on any board for the last five years...unlike yourself...

Regarding why I came to post on this message board: I came to see what kind of pu.....y you are...and it has been verified by your answers...

Regarding getting an attorney, I don't use attorneys...I represent myself..in each of the six lawsuits that I have been added as a defendant by the fraudulant companies that sued me...let me show you what happened to the people involved with the first company that sued me in 2000 for just asking questions about the financial statements of that company:

1. One Director was convicted of fraud in the UK and got a 5 year sentence.

2. A second Director received a "Wells Letter" from the SEC informing him that he is going to be charged with certain violations of SEC regulations.

3. The promoter, equivalent to what the Green Baron does with PLNI, was convicted of fraud and is now serving a long jail sentence.

4. One of the offshore investors was indicted for fraud and is in "hiding".

5. The stock price has lost 99.999% of its value and is now in the pink sheets.

6. The President was fired.

etc
etc
etc


quote:
Originally posted by Bearclaw:
Damn your funny...

What? You trying to bail out your boys...Worm..??? Not their fault...guess who's?

Your the one who screwed up...
You never should have come here...
I know your the guy who essentially trained Jeff aka Stockhunter...so I know your as good with words or better...Nice try...but quit trying to bait me into something else...deflect from your screw up...I bet you've been trying to get these 2-3 pages deleted...thought you might be a brighter guy...Oh well...

I'm done for tonight...let folks read all the posts of today and all the things that were said...

They will all be wondering why the Great and Powerful Worm came to our little site...and...it will be very clear to them that your group is planning something...Led by you...

Please understand all of this communication is going elswhere...Where do you think I might send it?

Might be a good time to lawyer up Roberto...You screwed with the wrong persons investment...It wasn't Jeff Mitchells fault aka. Stockhunter so don't blame him...I would have left today if you didn't show your face...I was wondering why the Worm would bother with me...Made me think something is very wrong...guess what...something is very wrong...

The mistake you made was opening your big mouth...thinking you were dealing with small timers who the "Worm" can chew up and spit out...Allstocks is full of very bright folks who are new to investing...

Big mistake Adolfe...ooops..Roberto...

Oh...don't bother telling me where to point the authorities...already have that information...

Good night and good luck...


quote:
Originally posted by theW:
Bearclaw

let me see if I can understand this:

You are finally admitting that you have done very little due diligence on PLNI.

yet you have continuously attacked any poster that attempted to post factual due diligence on PLNI that was negative....

and

you have admitted ot actively selling PLNI shares in the process of swing trading...

so, please tell us why should anyone ever believe what you post?


quote:
Originally posted by Bearclaw:
Ya know Worm...

I'm basically a lazy person and hate doing DD...that's why I swingtrade...What a pain calling folks on the phone, tracking documents, looking on all kinds of websites for trickles of information...Now some people love to do that and God bless them...I know they enjoy it but just not my cup of tea...but...

When something as blatent as this potential attack on PLNI slaps me in the face I just can't help tracking it down...

Yepper...gonna be a fun week seeing what all happens...I hope this stays a great swing trade...but as the famous philosopher...
The Shadow says... "What evil lurks in the hearts of men? The Shadow knows" or is it the Worm Knows....give my best to your buddy Jeff aka Stockhunter and his Guy Friday State...

See ya later Roberto...




w, will you answer my questions?

thanks,

-- tex



 
Posted by state780 on :
 
A request: Please truncate quotes from posts. That last one above is like four screens worth I have to scroll past before learning if there's anything new to read.

Thank you.
 
Posted by BuyTex on :
 
sorry: good post, state780

quote:
Originally posted by state780:
A request: Please truncate quotes from posts. That last one above is like four screens worth I have to scroll past before learning if there's anything new to read.

Thank you.


 
Posted by theW on :
 
BuyTex

are you talking about this "blog"?

http://snipurl.com/theworm06blog


quote:
Originally posted by BuyTex:
I understand the delay...ya---

thanks for replying, w

I would *however* like to know this:

do you run a Web site?

was that site any way/shape/form privvy to advance knowledge?

tia,

-tex



 
Posted by BuyTex on :
 
w, I dunnno---

will check it, though...


re: my question: any "advance knowledge"?
 
Posted by theW on :
 
Are you asking whether anyone had advanced knowledge?

of what?


quote:
Originally posted by BuyTex:
w, I dunnno---

will check it, though...


re: my question: any "advance knowledge"?


 
Posted by BuyTex on :
 
w,
of *anything* pertinent...

can I dig the PRECISE question from the thread?

DOH!

obviously...

***
Can we meet halfway, here?
 
Posted by theW on :
 
Buy Tex...

I am a little mixed up here...

please ask me the exact question that you want answered

thanks


quote:
Originally posted by BuyTex:
w,
of *anything* pertinent...

can I dig the PRECISE question from the thread?

DOH!

obviously...

***
Can we meet halfway, here?


 
Posted by theW on :
 
Buy Tex

does this help?

http://www.siliconinvestor.com/readmsg.aspx?msgid=22118281

http://www.siliconinvestor.com/readmsg.aspx?msgid=22118332

http://www.siliconinvestor.com/readmsg.aspx?msgid=22118370

http://www.siliconinvestor.com/readmsg.aspx?msgid=22046721

http://www.siliconinvestor.com/readmsg.aspx?msgid=22128558
 
Posted by theW on :
 
buyTex

by the way, the 3.7 billion share outstanding figure was reported directly to a certain government agency that has been "reviewing" PLNI, its officers and promoters for some time now, along with the public statements by PLNI that they were actually in a buyback program....

pinksheets.com has had a tough time getting the figures from PLNI and has to threaten to delete the Level II information on PLNI, in order to get PLNI to comply with releasing the updated figures...

I hope this helps
 
Posted by successinstock on :
 
do you think everyone is associated with JHollen?

is this what make you nervous?....is/was he close to hitting home?

http://www.sec.gov/rules/proposed/s72303/jmhollen020704.txt

http://www.sec.gov/rules/concept/s72499/hollen2.txt

did hollen go after something near and dear to you?
 
Posted by theW on :
 
successinstock

it would help if you let us know whom you are directing your questions to

thanks


quote:
Originally posted by successinstock:
do you think everyone is associated with JHollen?

is this what make you nervous?....is/was he close to hitting home?

http://www.sec.gov/rules/proposed/s72303/jmhollen020704.txt

http://www.sec.gov/rules/concept/s72499/hollen2.txt

did hollen go after something near and dear to you?


 
Posted by successinstock on :
 
W:

what government agency do you belong to?

why did you start a blog on PLNI?

what is your purpose for posting on this thread for over 12 hours?
 
Posted by theW on :
 
successinstock

I don't belong to any government agency

I did not start a blog on PLNI - the blog also discusses other companies such as ATVE...and will discuss more companies in the future, with both positive and negative comments

I post on this thread because: I can.


quote:
Originally posted by successinstock:
W:

what government agency do you belong to?

why did you start a blog on PLNI?

what is your purpose for posting on this thread for over 12 hours?


 
Posted by Bearclaw on :
 
Success...
Here is the post that got the Worm here...I was honored the Great and Powerful One made his first post on Allstocks to bait me away from the pertinant issues...then he got caught in a corner as you will see...

Notice the reference to shutting PLNI down...It starts on page #97 of this thread...You'll also notice as you read all the posts that the Worm came here right after Stockhunter posted...

It also gets obvious who Stockhunter is and the role he has played in the past several months...A talented Level 4 basher...connected directly to the Worm and his organized efforts against PLNI...Stockhunter is all over the Worms website...

Remember Stockhunter calling for everyone to report PLNI to the SEC? T^hat was timed exactly when the Worm was doing the same...huge sales pitch...Well Fridays retrace and buying interest after it fell like a rock brought out the same folks who e-mailed, faxed and called the SEC in an organized effort to effect the PPS of PLNI...It looks like it's possible that attack may have originated the Worms website...A call to arms so to speak by the Great and Powerful Wizard of Pennyland...Folks are putting that time frame together now...

I'm trying to figure what they are up to now...I think, since the share numbers let the cat out of the bag...there may be a fear that PLNI will adress that issue soon and the PPS may not tank...maybe this will bring another barrage of complaints promoted by the Worm on his site and Stockhunter here...I'm not sure...just speculating based on the Worms appearance and yesterdays posts...

Read from page "97 and it may help you see what may occur...I know the last attack was brutal...organized...coordinated and reaks of collision...You'll also see they had prior knowledge of the share numbers possibly as far back as Christmas time...Read the posts carefully...Wonder where they got all this information??? Heck, it only became public last week...Imagine what you could do if you knew the new share numbers weeks ahead of time?

I have a lot of family around today and then the Super Bowl... so... will try to check in this afternoon if I find time...We'll see what develops next week so careful trading buddy...

quote:
Originally posted by StockHunter:
The stocks that do have NSS problems become targets because they are sick or fraudulent companies for the most part. I pointed out some time ago that PLNI not being on the Reg Sho list should refocus people's attention on the company as the source of the dilution. The cycle of faith, hope and trust will begin again starting now. As new people buy in or oldtimers add to positions the fancifully optimistic theories will reemerge. NSS is one of the tried and true staples of the dilutional. The lack of PRs will probably be spun with optimistic assumptions as well.

The best we can do is forward a logical analysis and interpretation of facts, events, and history. Otherwise the company gets a free ride to repeat the cycle of dishonest behaviour.

A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks.


 
Posted by state780 on :
 
Bear, this is just paranoid.

Are there black helicopters circling over your compound?
 
Posted by will on :
 
State, from a post of mine on 12/9/05 :

"People have their hard earned cash invested in this, they want to believe the best, they don't want to feel foolish or duped, they will believe the most ridiculous senarios to save face or just not feel like they have poor judgement."

I am sure anyone really interested in buying PLNI will go back to late October, early November time frame on this thread. All the facts needed are there for them to read. That's the great thing about keeping a thread intact, it's a history that people can look back on and judge the quality of posts and the character of the poster.
 
Posted by Bearclaw on :
 
State...

The issues are clear...they start on page #97...folks can make up their own minds...The pertinant issues have already been dealt with...Now we all wait...

The big fish are playing now...you sure you want to jump in? Think carefully...why do you think no one's pulled you in.??? No one gives a sheet about your involvement yet...

I don't remember you saying anything in the grey area or crossing the line...Best that you back off now...
 
Posted by will on :
 
Everyone, on both sides of the issue should stick with the facts about the company and the stock. Veiled threats of culpability in some type of bizarre scheme should not stifle anyone from offering facts, or even well thought out rational opinions based on the preponderance of evidence.
 
Posted by Bearclaw on :
 
Will...
Start with these facts posted yesterday...these two posts brought the Worm here for the first time...Why? Why was he baiting me to get off this subject?

If your really interested in possibilities... look into Naked Shorting...Hedge Funds...research the 60 Minutes reort on the distruction of start up companies in pennies...Visit some of these Bulls and Bears Groups set up on blogs across the internet...

Start to put together a larger picture and then decide if and how to trade PLNI...How will this affect PLNI and the PPS? Come on Will your a bright guy...Read these posts and put it together...

Posted by Stockhunter:
"A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks."

Posted in reply by Bearclaw:

"Just wondering....How do you know the level of feedback to the SEC is very high even for pinks? Where are you getting this information? Is it the same place where the information of the share count came before it was public? How do you know a trading shut down is imminent? Makes me wonder what's really going on..."
 
Posted by Bearclaw on :
 
Will...

More facts...No one asked this guy about these two people or the US Attorney Generals Office...What the hecks going on concerning this stock will?

Posted by the Worm:
"Is the SEC currently investigating Turek, PLNI, jmhollen and rrm for their activities?...no comment.
Has the SEC brought in the US Attorney's Office to join in the investigation for criminal activities?...no comment."

Posted by Bearclaw in reply:

"Worm"

Wonder why you and Stockhunter would imply the SEC temporary shut down of trading?

Wonder why you would imply SEC investigating Turek?

Wonder why you would mention other traders?

Wonder why you would imply the Attorney Generals Office?

When they investigate criminal activities are you and the group you lead also included?
 
Posted by Bearclaw on :
 
Will...
Here's some more facts...Can't believe this Worm character put this in writing...but just wondering...

Who is the transfer agent who put this information out before it became public?

How does the Worm know and what does he know?

How has this affected the PPS and how could significant information being relased through a agent before released to the public affect the PPS and trading on PLNI?

Think of the types of information, if released early to a certain group, would damage PLNI and the normal trading of this stock?

Posted by the Worm:

theW
Member


Rate Member posted February 04, 2006 06:06 PM
--------------------------------------------------------------------------------
Sorry Bearclaw

but I didn't put out any "rumor".

several weeks ago it was pointed out that the transfer agent mentioned that the shares outstanding were 3.7 billion.
 
Posted by will on :
 
The only facts I see there is the fact that those comments were posted. As far as I can see the statements are speculation and/or possibilities. As far as any of it being cold hard facts, I don't see it.

I don't really care what happens to PLNI, or who is right and who is wrong. I just want people, especially new people to see the history and development of this arguement, so they can use it in their descion making process for future investments. I want them to see the desparation of both pro and con posters. I want them to remember it, to recognize the escalation of positions, so when they read hype, or doom, they know and understand it just might be that, and only that, hype and/or doom, and it means little in the end. The REAL KNOWN facts are what is important, not the desparate wild spinning of the facts for the convenience to support someone's arguement.
 
Posted by Stock Jockey on :
 
Nice smoke screen state. Bearclaw, Suceess, Tex and others have a Very Valid questions in all this mess.

The True question has NOT been answered here: How did jeffrey mitchell, the worm, scionist, stockhunter and you get insider information about the share structure when it was not published ANYWHERE, not even with the SEC????

Judy from plasticon did not release it to ANYONE, so that's a down right falsehood. The Transfer Agent was also not giving this info out to ANYONE so there is falsehood #2. The Pink Sheets did not have the numbers untill 01/31/2006. No one that I have called associated with the company gave these numbers out to anyone!

Soooo how did these numbers get leaked out to the bashers and naked shorters???? This is pure and simple INSIDER Information that these people admit having prior to the actual Publishing nearly 2 months in advance to use to trade this stock!!!! There is a mole somewhere!!! They traded and Shorted this stock with INSIDER INFO folks and that is Illegal and will bring Prison time for these people doing this.

I agree, there should be an SEC investigation and it should start with and be be against these people who have recieved insider information about the share structure starting with jeffrey mitchell and the worm!!!

Keep at them Folks. There is a huge backpeddling coverup going on by these people and the trail of money will end up with a shorting hedgefund and market maker(s) somewhere IMO.

I think I smell what the Rock is Cookin and it smells like worm soup!

To: scionist who wrote (2282) 2/3/2006 1:32:35 AM
From: Jeffrey S. Mitchell Read Replies (2) of 2484

You and I and Worm all knew back in early January the o/s has increased from 2.3B to 3.7B. We urged people to call the company because, well, we're just Basholes so we just make stuff up, right? Yes, I *do* give credit to those that did call. I hope they are now asking themselves the very real questions "Was I lied to?" and "Was I played?". I mean, if "we" knew the numbers, can anyone say with a straight face "they" didn't know them?

- Jeff


To: rrm_bcnu who wrote (1731) 1/10/2006 2:20:30 PM
From: Jeffrey S. Mitchell Read Replies (3) of 2484

Rick, if the o/s was increased from 2.5B to 3.7B -- a whopping 50% -- in just one month, what would that imply to you? Yes, of course you may call PLNI to get the "real" o/s before you reply. Ask for Judy.

- Jeff
 
Posted by Bearclaw on :
 
Will...more facts posted yesterday

You have to ask the question based on this post...If the implication of shutting down trading by Stockhunter and the Worm is true...Does his statement below concerning PLNI being "closed down" offer any sign of the Worms intent...given he is already getting information prior to the public?
My reply was directly to Stockhunter...At this point it was a three way by the Worm, Stockhunter and some by State to get off these issues...but...the mistake had already been made...Also notice the questions were never answered but they let the cat out of the bag already...
How do you think this will affect the PPS and our investment???


Posted by the Worm:
Bearclaw

since when is a "potential" attack on a company considered "blatent"?

the only thing that you are going to see next week is a massive selling of shares into the market by investors that have opened their eyes to the 3.7 billion shares outstanding,without the buying support that was exhibited on Friday.

You are also going to see PLNI issue the balance of the 1.3 billion shares that are left in the 5.0 billion authorized shares before PLNI is closed down.

Posted in reply by Bearclaw to Stockhunter:

This is your coming out party...I had been told you were connected with the Worm but didn't know who or what he was...I really didn't give two sheets until it effected my investment...I began to find out a few weeks ago...Your cover's blown here...The Worm told us you were Jeff Mitchell from his site...

I still want to know...

How you knew the new share count before it was public...long before?

Why you are supporting a SEC shut down of trading PLNI for 10 days..

What is it that is going to happen concerning PLNI?

What insider information do you have and from who?

It's obvious that first State posted today, then you came in with your slip about shutting down PLNI trading for 10 days and a few other intersting items...so...then the Big Boss the "Worm" came here to bait me...The timing is not a coincidence...so...why not get real with folks about who you are and what your goals with this stock are...You don't own any shares ...so what's the deal?

I must admit you are one of the best Level 4 bashers I've seen...if not the best...I've been around for four years and folks really trusted you here...and you write so very well...no doubt your an extremely bright guy...So what was your motive? Have you been doing this long?

You owe it to some folks here who have supported you to at least send them a PM and let them know what's happening...If they should sell then tell them...if they should buy then tell them...If you are involved in a group trying to shut PLNI down then tell them...Many folks here have backed you 100%...pay them back for that...

For everyone who owns shares...Do some DD and find out from folks about the Worms Website...I don't know much about him other than what you've read today...sorry...and good luck...
Posted by the Worm:
 
Posted by BuyTex on :
 
my interest is almost purely selfish, btw...

I *like* to learn new ways of digging up info [Big Grin]

SJ, is this TA gagged? Also, how could anybody (i.e., "traders") short this stock?
 
Posted by Bearclaw on :
 
Ok Will...

I hear your position...Understood...

I have handed it off to some other folks...This is getting into an area that I usually don't pay attention to...

My concern is how will PLNI trade and can I still Swingtrade it...The other issues will be resolved by other folks...I'm getting bored with the Worm anyway...

You have to admit...The Worm coming to this thread gave me cause to continue prodding him...The mistake they made certainly gave me cause to follow up...afterall I've been in PLNI swingtrading since the spring...I figure I earned the right to find out if underhanded activities are happening and if they are then who are the folks doing it...

Anyway...Good luck in your investing...
 
Posted by Stock Jockey on :
 
And why the hell would stockhunter even remotely suggest that the stock be shut down from trading????

It appears to me there is deceptive behavior going on from the other side of the aisle!!! Protecting the little share holders from a deceptive company my azzzzzz... Dig further folks the INSIDER trading by these people is lining only their shorting azzzz pockets!!!! Never forget Eagletech and Pet Quarters.

How does he know this?? "The level of discontent and feedback to the regulatory authorities is very high"???? Is there a planned attack against plni being implemented through email, fax and letter that they are coordinating to destroy this start up????? I want to know what the hell is going on from these people trying to destroy my investment!!!!!

Posted by Stockhunter:
"A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks."
 
Posted by will on :
 
"Will...more facts posted yesterday"

Again, the only fact I see that those comments were posted. I see only, specualtions, possibilities, and questions there, no supported facts other than the information was posted.
 
Posted by Bearclaw on :
 
Will...

Peoples statememts are facts of what they said...

If you are looking for black and white statememts of fact you won't find that in these kinds of activities...

I feel very lucky we got what we did...I'm told it's enough to start to get to the black and white facts...
 
Posted by Stock Jockey on :
 
Just a reminder.

Rules for Successful Bashing:
1. Be anonymous
2. Use 10% fact. 90% suggestion. The facts will lend credibility to your suggestions.
3. Let others help you learn about the stock. Build rapport and a
support base before initiating your Bashing routine.
4. Enter w/ humor and reply to all who reply to you.
5. Use multiple ISP's, handles and aliases.
6. Use two (2) or more aliases to simulate a discussion.
7. Do not start with an all out slam of the stock. Build softly.
8. Identify your foes (Longs) and the boards "guru" Use them to
your advantage. Lead them do not follow their lead.
9. Only Bash until the tide/momentum turns. Let doubt carry it the
rest of the way.
10. Give the appearance of being open minded.
11. Be bold in your statements. People follow strength.
12. Write headlines in caps with catchy statements.
13. Pour it on as your position gains momentum. Not your personality.
14. Don't worry about being labeled a "Basher". Newbies won't
know your history.
15. When identified put up a brief fight, then back off. Return in an hour unless your foe is a weak in reasoning powers.
16. Your goal is to limit the momentum of the run. Not to tank the
company or create a plunge in the stock; be subtle and consistent.
17. Kill the dreams of profits, not the company or the stock.
18. Use questions to create critical thinking. Statements to
reinforce facts.
19. DO NOT LIE, NAME CALL or USE PROFANITY.
20. Encourage people to call the company. 99% won't. They'll take your word for claims made. If they do call you can always find something that is inaccurate in how they report their findings.
21. Discourage people from believing Press Releases.
Encourage them to call the company. They won't out of laziness.
22. If the companies history/PR's are negative constantly point to that. Compile a list of this data prior to beginning your efforts.
23. If the price rises blame it on the hype or the PR, temporary
mass reaction, the market, etc. Anything but the stock itself.
24. If other posters share your concerns, play on that and share theirs too.
25. Always cite low volume, even when it's not.
26. Three or four aliases can dominate a board and wear down the longs.
27. Bait the Longs into personal debates putting their
focus/efforts on you and not the stock or facts. Divert their attention from facts.
28. Promote other stocks that would-be investors can turn to
instead of the one your Bashing.
30. Do not fall for challenges on the "values" of what you are doing, it's a game and you are playing it with your own rules. --------------------------------------------------------------
Grade 'A' Basher:
If you post lots of old news, respond to all positive posts with a negative side. Never respond to being called a Basher, never post on another board with same alias. Can spend up to 80 hours a week Bashing a stock.

Grade 'B' Basher:
Very good way with words, always claims to be your "friend" taking the positive poster into confidence, never posts on another board, spends about 60 hours a week.

Grade 'C' Basher:
Spends less time than the others but is somewhat effective and gets a C grade due to getting excited when Bashers rules say not to get excited, spends about 40 hours a week.

Grade 'D' Basher:
Needs to learn the basics about being convincing when making a negative statement. Spends a good amount of time working the stock, maybe 20 hours a week.

Grade 'F' Basher:
A complete idiot, most readers are not convinced he knows anything about stocks in general. The type that says a stock "sucks", but gives no rationale, shows up every so often but no regular schedule
 
Posted by Stock Jockey on :
 
I am not going to let this issue go away!

Nice smoke screen state.
Bearclaw, Suceess, Tex and others have a Very Valid questions in all this mess.

The True question has NOT been answered here: How did jeffrey mitchell, the worm, scionist, stockhunter and you get insider information about the share structure when it was not published ANYWHERE, not even with the SEC????

Judy from plasticon did not release it to ANYONE, so that's a down right falsehood. The Transfer Agent was also not giving this info out to ANYONE so there is falsehood #2. The Pink Sheets did not have the numbers untill 01/31/2006. No one that I have called associated with the company gave these numbers out to anyone!

Soooo how did these numbers get leaked out to the bashers and naked shorters???? This is pure and simple INSIDER Information that these people admit having prior to the actual Publishing nearly 2 months in advance to use to trade this stock!!!! There is a mole somewhere!!! They traded and Shorted this stock with INSIDER INFO folks and that is Illegal and will bring Prison time for these people doing this.

I agree, there should be an SEC investigation and it should start with and be be against these people who have recieved insider information about the share structure starting with jeffrey mitchell and the worm!!!

Keep at them Folks. There is a huge backpeddling coverup going on by these people and the trail of money will end up with a shorting hedgefund and market maker(s) somewhere IMO.

I think I smell what the Rock is Cookin and it smells like worm soup!

To: scionist who wrote (2282) 2/3/2006 1:32:35 AM
From: Jeffrey S. Mitchell Read Replies (2) of 2484

You and I and Worm all knew back in early January the o/s has increased from 2.3B to 3.7B. We urged people to call the company because, well, we're just Basholes so we just make stuff up, right? Yes, I *do* give credit to those that did call. I hope they are now asking themselves the very real questions "Was I lied to?" and "Was I played?". I mean, if "we" knew the numbers, can anyone say with a straight face "they" didn't know them?

- Jeff


To: rrm_bcnu who wrote (1731) 1/10/2006 2:20:30 PM
From: Jeffrey S. Mitchell Read Replies (3) of 2484

Rick, if the o/s was increased from 2.5B to 3.7B -- a whopping 50% -- in just one month, what would that imply to you? Yes, of course you may call PLNI to get the "real" o/s before you reply. Ask for Judy.

- Jeff
 
Posted by Bearclaw on :
 
StockJockey...
I wish I knew that the share count was increased...I wish I had that information in December...The folks you mention had those numbers...

I would have sold then and got back in Friday...wowowowow...I would have made some great bank...

Good luck with your trading...
 
Posted by will on :
 
I recall a situation with CMKX very similar to the TA of PLNI's, releasing the O/S prematurely. It isn't identical to this situation, but the O/S was released inadvertantly.

CMKX moved from one TA to another. People began calling the new TA and asking the O/S, because the old one was gagged. I guess they forgot the gag when they hired the new one because someone there told shareholders the O/S was 400 billion. The next day the new TA was fired, and CMKX made ammends with the old TA, and returned to them. As the story developed it was a year later when investors found out that 400 billion, was accurate then, and the company had increased the A/S to 800 billion, and issued another 303 billion on top of the 400 billion reported by the new TA a year before. There was a guy named Joel, who was interviewd on one of these bullsh!t radio broadcasts, and he said it was the beginning of the end. He was a major supporter of CMKX, but when he found the O/S to be 400 billion he advised people to get out. He was then labeled, a liar, criminal, basher, felon, and every other name you can think of, but he was RIGHT !
 
Posted by Bearclaw on :
 
Will...
I appreciate you sharing that...but...your point is? What does this have to do with what we are talking about? I don't see the connection...
sorry...
 
Posted by state780 on :
 
As noted before, Stockhunter noted posts around the boards by traders who felt they were scammed. The posters said they were going to report to various authorites why they felt they were scammed. I have noted the same thing. Anyone who can read can do so.

The note that Stock added about an SEC halt is a prudent warning for any trader.

It is not a mystery, unless you want it to be.

Traders who read discussion boards benefit from accurate information and informed, rational inference. I for one will continue to post about PLNI's dismal record, as well as the fact that many posters are expressing disappointment with that record, in some cases directly to regulatory authorities.

This is the part of the conversation where Bear proclaims, "How do you know that?" And the answer is, "because they are saying so, on the discussion boards."

Why would this be so?

Aside from occasionally printing PRs when they said they would, it strikes me that Plasticon still hasn't delivered on most of the promises it has made since last May.

Plasticon has made some statements that appear to be true. Those include the claim that it would start manufacturing at the Promold plant by Nov. 10, and a previous statement, made last October, about delivering a Toyo machine to Promold to boost production capacity.

However.

It has not acquired Semco.

It has not acquired Promold.

It has not launched a share buyback, not in any meaningful way, unless one is satisfied by an alleged, undocumented 200-million share buyback that allegedly took place during a massive explosion in the float and outstanding shares.

It has demonstrably deceived investors about the buyback, referencing the 200-million reduction in official PRs at the same time it was diluting the stock.

It has expanded the authorized share count to 5 billion, an action that is still unexplained and not even acknowledged in a single one of the PRs published since that action in October.

Nor have any of the PRs acknowledged the higher float and outstanding dilution that was recorded at pinksheets on Dec. 7. Thus it is unsurprising that PLNI has yet to explain last week's dilution bomb.

It has printed deceptive PRs, making statements in headlines about "completed" acquisitions that have not, in fact, been completed. One has to read very carefully to learn the Promold and Semco acquisitions are awaiting SEC approval. For unexplained reasons.

It has misled the public by referring to "media coverage" rather than making it perfectly clear that it has bought a number of advertisements.

Have I got any of that wrong? If so, let me know and I'll correct the record.

But I submit that these actions deserve the highest level of scrutiny and analysis. It would be remarkable if this kind of track record did not result in complaints to regulatory authorities.

Go Steelers!
 
Posted by will on :
 
The linkage is, that TA's sometime do give information out inadvertantly. I don't think an error in judgement by a TA or an employee of a TA could be or would be construed as "isider information", on the part of the person asking the question and hearing the answer. If there is/was any wrong doing I would think it lies with the TA releasing that information.
 
Posted by Stock Jockey on :
 
AND to Prove My point state and others in his gang used INSIDER information to dump his holdings on or about the 25 of January!!! Check out his post, announcing his SALE using his INSIDER knowledge! The highs at the time were in between .0099 and .0109 People!!!!!!! Wake up and smell the INSIDER Trading Cappuccino!!!!!!!! Check it out for yourself.

http://www.stockwatch.com/swnet/utilit/utilit_snapsh_result.aspx


quote:
Originally posted by state780:
They spelled McCarran wrong.

I think this PR could be another that helps nudge the price upstairs, but I've sold out my entire position. (Yeah, I'm taking a loss and moving on).

I just don't have any confidence in the representations of Plasticon. Here we are on Jan. 25, and we still have no explanation--or even an official PR acknowledgement--of the 5 billion a/s filing. Nor do I believe that the o/s and float are a "mere" 2.3 billion and 690 million respectively.

Much of the other stuff we've seen on some boards doesn't factor into this--I won't go down the list. For me, it's the track record. We still have an unclosed acquisition of Semco, and of Promold, and another delay, not much noticed in yesterday's PR, of information on the share restructure (from January, as announced in the Dec. 30 PR, to "in the very near future"). In yesterday's PR, there isn't even a mention of the audit. Nor is there any explanation of why SEC approval is needed for the acquisitions.

Could PLNI go up from here, dramatically? Absolutely! I hope you all make money. But I think it will be on fluff. Yesterday's PR was primarily about their other PRs, though they didn't put it that way. That kind of marketing doesn't work forever. And the way they phrased it--implying they've received news coverage instead of printing PRs and ads--was deceptive. Red flag. I just can't count on these guys to level with me.

I'll be checking in as a PLNI alum, and if the price collapses (say with another share explosion, which I think may have already happened) I may buy back in for a bounce.

Other than that, best wishes to all.


 
Posted by state780 on :
 
quote:
The True question has NOT been answered here: How did jeffrey mitchell, the worm, scionist, stockhunter and you get insider information about the share structure when it was not published ANYWHERE, not even with the SEC????
I respond to this only to set the record straight.

The likelihood of dilution could have been observed by anyone.

But the origins of the 3.7 billion figure are unknown to me. I don't know where it came from, I never claimed it was accurate before it appeared on pinksheets, and I'm not even sure I even referenced it before then, though I may have.

The record:

For months before the dilution was admitted at pinksheets, I and other posters, including Stock, posted on this very board our own informed opinions about stock dilution. These opinions were based on two columns: One, Plasticon's past performance; Two, the behavior of the market.

As for one, Plasticon had already misled investors about dilution. It had referred to a share buyback on several occasions, but ultimately reported a higher o/s and float around Dec. 7 to pinksheets (remember, that was an increase from 500 million to a 690 million float, and an increase of--think I have this right--from 2 billion o/s to 2.3 billion o/s. Correct me if I'm wrong).

So there was that.

Secondly, there was a very large increase in volume and a long and massive marketing of shares by VFIN. Remember that? For quite a long time, VFIN would arrive on the ask soon after opening, sell shares there all day, then back off before the close.

Another data point: One "Rookieinvestor" on Ihub noted the volume for January was 2.1 billion. PLNI's float was still listed at 690 million. I posted over there that I simply didn't believe the entire float had been churned three times in one month (especially, btw, since the pps had already started declining)

So these were inferences that anyone could have made. They could have been wrong, but they were based on a logical chain of reasoning expressed regularly at the time (often followed by angry charges about "bashers"). If you go back and read the thead, that is what you will find.

The 3.7? I have no idea. The first time I remember seeing it was on the worm's blog, though I don't recall if he was the first to start pushing it. I didn't make any claims on this site, or any other, that I knew how high the dilution was, and I certainly didn't say beforehand that the outstanding was 3.7 billion.

Why didn't I? Because I didn't know. Anyone who believes I said that should provide a link.
 
Posted by state780 on :
 
Uh, yeah stockjockey, I told people when I sold out, then I got ridiculed by Bear for selling out, and now...what? I don't even understand the point.

Is it that I had insider knowledge because, although the price rose after I sold, it later dropped?

Under that scenario, I can be endlessly bashed from two directions into infinity. When it goes higher, I'll be derided as an idiot for selling too low. When it goes lower, I'll be attacked as some sort of insider.

That's a good post, btw--it's not a bad expression of my consistent position.

In any case, I have now explained why, for a long period and expressed at the time, I and others felt the stock was being diluted. If you are under the impression that I knew the o/s was at 3.7 billion, provide a link that supports that view.
 
Posted by Stock Jockey on :
 
Nice try state...

What would happen if everyone filed complaint forms to the SEC for INSIDER INFORMATION TRADING VIOLATIONS!!! Starting with you and then others on the various blogs that had this insider info..

I think the SEC would find it awful interesting that you admittedly sold in the high of trading of a nearly 90 day trading pattern.

I guess You could defend your coincidental sell theory with the SEC! BAwahahahahahaha

Thanks stockhunter for the link.
 
Posted by mr money on :
 
This thread is a joke---when will this bickering ever end. This isn't raging bull--Why don't you all grow up--some of us are actually here to make money..Sorry just gettin tired of reading all of this fighting in this PLNI thread.
 
Posted by theW on :
 
Sorry Bearclaw, but again you are wrong.

I came here because I got sick and tired of seeing you attack invdividuals who were long PLNI and were trying to point out the facts about the company, whether positive or negative. In fact, by your own admittance, you are involved in selling the PLNI stock very often, therefore putting more downward pressure on the stock than any posted message that only gets read by a few people.

Frankly I don't even remember reading the posted message that you say brought me here.

Regarding baiting you away from the pertinent issues, I believe everyone that reads these boards can see that you are again making completely false statements - the fact is that I have been asking you to discuss the company and its business in a debate with me and you completely refuse...why is this?

There is no organized effort against PLNI...it is simply people that believe in the truth pointing out all the false and misleading statements that PLNI and its management have been making during the past.

StockHunter has been copied on the_worm06 blog a few times because he has made some outstanding posted messages that allow a reader to understand much about what this company is doing. The fact is that YOU are quoted on the blog more than StockHunter, except that you are quoted for the opposite reasons - for people to see how much greed is around...

There was no "call to arms" organized attack...if a company issues 1.4 billion shares in a 1 1/2 month period when at the same time it was stating that it was in a share buyback mode, it is important that people post about what will eventually be called a fraud by the authorities (if you don't believe this, read some of the SEC and US Attorney's office press releases on actual cases where corporate officers have been charge with fraud and stock manipulation for doing exactly the same thing as PLNI did).

Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?

Regarding you comments on StockHunters statements of a potential shut down of PLNI by the SEC, this rarely happens, but If ever I saw a company that deserves to have its trading halted by the SEC, this would be the one....

Regarding the letters that were sent to the SEC and were published on message board recently? - give me a break, don't be so naive - do yo really think that the SEC doesn't know about what Turek has been doing here? - senior SEC officials have been getting updates on PLNI for at least 10 months now...the fact that complaints are coming from diffent stockholders of PLNI only reinforces the need to do something about PLNI.


quote:
Originally posted by Bearclaw:
Success...
Here is the post that got the Worm here...I was honored the Great and Powerful One made his first post on Allstocks to bait me away from the pertinant issues...then he got caught in a corner as you will see...

Notice the reference to shutting PLNI down...It starts on page #97 of this thread...You'll also notice as you read all the posts that the Worm came here right after Stockhunter posted...

It also gets obvious who Stockhunter is and the role he has played in the past several months...A talented Level 4 basher...connected directly to the Worm and his organized efforts against PLNI...Stockhunter is all over the Worms website...

Remember Stockhunter calling for everyone to report PLNI to the SEC? T^hat was timed exactly when the Worm was doing the same...huge sales pitch...Well Fridays retrace and buying interest after it fell like a rock brought out the same folks who e-mailed, faxed and called the SEC in an organized effort to effect the PPS of PLNI...It looks like it's possible that attack may have originated the Worms website...A call to arms so to speak by the Great and Powerful Wizard of Pennyland...Folks are putting that time frame together now...

I'm trying to figure what they are up to now...I think, since the share numbers let the cat out of the bag...there may be a fear that PLNI will adress that issue soon and the PPS may not tank...maybe this will bring another barrage of complaints promoted by the Worm on his site and Stockhunter here...I'm not sure...just speculating based on the Worms appearance and yesterdays posts...

Read from page "97 and it may help you see what may occur...I know the last attack was brutal...organized...coordinated and reaks of collision...You'll also see they had prior knowledge of the share numbers possibly as far back as Christmas time...Read the posts carefully...Wonder where they got all this information??? Heck, it only became public last week...Imagine what you could do if you knew the new share numbers weeks ahead of time?

I have a lot of family around today and then the Super Bowl... so... will try to check in this afternoon if I find time...We'll see what develops next week so careful trading buddy...

quote:
Originally posted by StockHunter:
The stocks that do have NSS problems become targets because they are sick or fraudulent companies for the most part. I pointed out some time ago that PLNI not being on the Reg Sho list should refocus people's attention on the company as the source of the dilution. The cycle of faith, hope and trust will begin again starting now. As new people buy in or oldtimers add to positions the fancifully optimistic theories will reemerge. NSS is one of the tried and true staples of the dilutional. The lack of PRs will probably be spun with optimistic assumptions as well.

The best we can do is forward a logical analysis and interpretation of facts, events, and history. Otherwise the company gets a free ride to repeat the cycle of dishonest behaviour.

A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks.



 
Posted by theW on :
 
Will

I find your comments on this message board to be fair and reasonable, especially the one below.

You might want to add that the 3.7 billion figure was conveyed to senior enforcement officers of the SEC immediately for their further review in terms of stock fraud because of the press releases stating that the company was on a buyback program.

excellent work again.


quote:
Originally posted by will:
The linkage is, that TA's sometime do give information out inadvertantly. I don't think an error in judgement by a TA or an employee of a TA could be or would be construed as "isider information", on the part of the person asking the question and hearing the answer. If there is/was any wrong doing I would think it lies with the TA releasing that information.


 
Posted by theW on :
 
state780

I believe that you have pretty much summed it up. You might, however, want to add a few thoughts on what has been going on at TBLU, a company controlled by the Turek family, with a number of related party transactions and false and misleading statements in their SEC filings.

again, very fair and reasonable comments...HOWEVER, one must be reminded of the single most overwhelming story of this company:
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3.7 BILLION COMMON SHARES OUTSTANDING


quote:
Originally posted by state780:
As noted before, Stockhunter noted posts around the boards by traders who felt they were scammed. The posters said they were going to report to various authorites why they felt they were scammed. I have noted the same thing. Anyone who can read can do so.

The note that Stock added about an SEC halt is a prudent warning for any trader.

It is not a mystery, unless you want it to be.

Traders who read discussion boards benefit from accurate information and informed, rational inference. I for one will continue to post about PLNI's dismal record, as well as the fact that many posters are expressing disappointment with that record, in some cases directly to regulatory authorities.

This is the part of the conversation where Bear proclaims, "How do you know that?" And the answer is, "because they are saying so, on the discussion boards."

Why would this be so?

Aside from occasionally printing PRs when they said they would, it strikes me that Plasticon still hasn't delivered on most of the promises it has made since last May.

Plasticon has made some statements that appear to be true. Those include the claim that it would start manufacturing at the Promold plant by Nov. 10, and a previous statement, made last October, about delivering a Toyo machine to Promold to boost production capacity.

However.

It has not acquired Semco.

It has not acquired Promold.

It has not launched a share buyback, not in any meaningful way, unless one is satisfied by an alleged, undocumented 200-million share buyback that allegedly took place during a massive explosion in the float and outstanding shares.

It has demonstrably deceived investors about the buyback, referencing the 200-million reduction in official PRs at the same time it was diluting the stock.

It has expanded the authorized share count to 5 billion, an action that is still unexplained and not even acknowledged in a single one of the PRs published since that action in October.

Nor have any of the PRs acknowledged the higher float and outstanding dilution that was recorded at pinksheets on Dec. 7. Thus it is unsurprising that PLNI has yet to explain last week's dilution bomb.

It has printed deceptive PRs, making statements in headlines about "completed" acquisitions that have not, in fact, been completed. One has to read very carefully to learn the Promold and Semco acquisitions are awaiting SEC approval. For unexplained reasons.

It has misled the public by referring to "media coverage" rather than making it perfectly clear that it has bought a number of advertisements.

Have I got any of that wrong? If so, let me know and I'll correct the record.

But I submit that these actions deserve the highest level of scrutiny and analysis. It would be remarkable if this kind of track record did not result in complaints to regulatory authorities.

Go Steelers!


 
Posted by theW on :
 
Oh My.....

It seems that Bearclaw is being quoted all over the place.

http://snipurl.com/m99i

One has to wonder whether his trading records will be subpoenaed once the hammer comes down on PLNI.


quote:
Originally posted by Bearclaw:
StockJockey...
I wish I knew that the share count was increased...I wish I had that information in December...The folks you mention had those numbers...

I would have sold then and got back in Friday...wowowowow...I would have made some great bank...

Good luck with your trading...


 
Posted by will on :
 
I have a question. Has anyone ever called a TA to get the O/S of any company? Is that part of some peoples DD? Has anyone ever been told the O/S and/or the Float of a company they inquired about? I wouldn't think the TA giving the information or the person receiving it would constitute "insider information".
The concern I would have if I called and inquired, and got a response like, we don't give that information at the request of the company, then that would be a big RED FLAG.
I think the accusations of "insider information" here is overstated, and completely false and unfounded. No one has proven a case against anyone of being privilaged to information that did not come from generally accepted channels.
 
Posted by theW on :
 
Will

most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.

A gagged TA is one of the first red flags of potential trouble in the future with a company.

What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.

I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com.


quote:
Originally posted by will:
I have a question. Has anyone ever called a TA to get the O/S of any company? Is that part of some peoples DD? Has anyone ever been told the O/S and/or the Float of a company they inquired about? I wouldn't think the TA giving the information or the person receiving it would constitute "insider information".
The concern I would have if I called and inquired, and got a response like, we don't give that information at the request of the company, then that would be a big RED FLAG.
I think the accusations of "insider information" here is overstated, and completely false and unfounded. No one has proven a case against anyone of being privilaged to information that did not come from generally accepted channels.


 
Posted by Stock Jockey on :
 
Your Wrong Will... I called the Transfer Agent Many times in the last 6 months after Plasticon updated the last share count and the share structure was BLOCKED from release to anyone for whatever reason. This is not always the case with some companies. So to get this information on Plasticon was the same thing as buying proprietary trade secrets on the black market!


Once again what the worm has to say is gospel and he is great in his own mind. Tooo Funny.

I'll give you one thing.. The information you and your buddies ILLEGALLY obtained from whatever source you got it from on the share structure was accurate. And you all knew to the day and hour it would be released. Makes it real easy to trade on the highes shorting and dumping shares when you have insider info isn't it wormy? The PR campaign by Plasticon was all your guys needed to execute your plan.

The rest of your DD crap is just conjecture and innuendo presented in a manner that touts its self as fact.

You all know your in Huge Hot water with this blatent leak by a plant in the Transfer Agents office or where ever it came from. Heads will roll wormy, but not the ones you think.
 
Posted by Bearclaw on :
 
Worm...

Did you contact the SEC official? Please provide that officials name, the date the SEC was informed and phone number to folks on this blog...

Posted by the Worm:
Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
 
Posted by Bearclaw on :
 
Worm...
Please post the name of the Transfer Agent who informed you of the share count in December, the exact date you were informed and his phone numbe...that information was posted on your website during Chrismas...

Posted by the Worm:
"most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.

A gagged TA is one of the first red flags of potential trouble in the future with a company.

What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.

I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com."
 
Posted by theW on :
 
Bearclaw

I believe that you will be informed of the names and contact numbers of the senior SEC Enforcement officials once you are subpoenaed for your trading records and your phone logs and email communications with rrm and jmhollen...so please answer the door when the Sheriff delivers the subpoena...

please post the names on this message board when you receive them....

thanks


quote:
Originally posted by Bearclaw:
Worm...

Did you contact the SEC official? Please provide that officials name, the date the SEC was informed and phone number to folks on this blog...

Posted by the Worm:
Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?


 
Posted by theW on :
 
Sorry Bearclaw,

But I can't help you here because I never talked to the Transfer Agent in December, in January, in 2006, in 2005, in 2004, or at any point in time,,,,ever..


quote:
Originally posted by Bearclaw:
Worm...
Please post the name of the Transfer Agent who informed you of the share count in December, the exact date you were informed and his phone numbe...that information was posted on your website during Chrismas...

Posted by the Worm:
"most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.

A gagged TA is one of the first red flags of potential trouble in the future with a company.

What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.

I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com."


 
Posted by theW on :
 
Oh, by the way Bearclaw,

Do you think that the subpoenas might reveal detailed information that you have received regarding the exact timing of upcoming coordinated PLNI pump and dumps?

and

Do you think that these communications can be reviewed together with your trading records to see if you traded with advanced knowledge of the begining of the pumps by the Green Baron and other promoters of PLNI?


quote:
Originally posted by theW:
Bearclaw

I believe that you will be informed of the names and contact numbers of the senior SEC Enforcement officials once you are subpoenaed for your trading records and your phone logs and email communications with rrm and jmhollen...so please answer the door when the Sheriff delivers the subpoena...

please post the names on this message board when you receive them....

thanks


quote:
Originally posted by Bearclaw:
Worm...

Did you contact the SEC official? Please provide that officials name, the date the SEC was informed and phone number to folks on this blog...

Posted by the Worm:
Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?



 
Posted by Stock Jockey on :
 
Admit it worm! You and your group had insider info and you used it to short and sell your position in the stock for PROFIT!

AND Stop posting that BS on your blog about what someone might have done if they had known like you. They didn't know and Didn't sell as stated in their posts like you and your gang did when you had the info!
Talk about DISHONEST!!!!!!!!!!!!! Your trying to deflect your culpability in this scandle!

How about posting some REAL facts and FULL disclosure....

What Hedge fund do you work for?
Who do you work for?
What is your current positive holdings in this stock?
How much are you being compensated to bash this start up company?
Give it up wormy.... Full disclosure by you and your buddies will come out eventually.


Posted by the Worm:
Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
 
Posted by Bearclaw on :
 
Worm...
Who did talk to the Transfer Agent? That's how you claim to have accidently stumbled over the information...

This is like the teenage boy who gets his girlfriend prenant and claims he tripped and accidently had sex with her...

Please provide the information on that person, the Transfer Agent, when he was told and the TA's phone number...


quote:
Originally posted by theW:
Sorry Bearclaw,

But I can't help you here because I never talked to the Transfer Agent in December, in January, in 2006, in 2005, in 2004, or at any point in time,,,,ever..


quote:
Originally posted by Bearclaw:
Worm...
Please post the name of the Transfer Agent who informed you of the share count in December, the exact date you were informed and his phone numbe...that information was posted on your website during Chrismas...

Posted by the Worm:
"most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.

A gagged TA is one of the first red flags of potential trouble in the future with a company.

What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.

I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com."



 
Posted by Bearclaw on :
 
Worm...
Oh, who is the moderator on the Worm site? I'd like to contact him...Please provide that information...


Oh, by the way Bearclaw,

Do you think that the subpoenas might reveal detailed information that you have received regarding the exact timing of upcoming coordinated PLNI pump and dumps?

and

Do you think that these communications can be reviewed together with your trading records to see if you traded with advanced knowledge of the begining of the pumps by the Green Baron and other promoters of PLNI?
 
Posted by theW on :
 
ha!

Stock Jockey

you are one funny fella...

here are some facts:

PLNI issued 1.4 billion common shares in a period of 1 1/2 months, while at the same time it was fraudulently misleading investors into thinking that it was on a share buyback program.

More importantly, the float was increased from 590 million to 2.3 billion in the same period of time - a massive increase by any standards that would have dropped the stock price further had it not been for the coordinated paid pump and hype of the company during this period.

A few more facts:

Nobody traded PLNI when they found out about the 3.7 billion share count. On the contrary, SEC officials were IMMEDIATELY informed of the information.

More facts:

I don't speak for other people, but I don't own or trade PLNI, I don't work for a hedge fun that does, and I am not compensated for posting the truth about PLNI.

and by the way, this is not a start-up company. According to Turek, this company has been around for 17 years, or was it 10 years....or was it?...you get the meaning...


quote:
Originally posted by Stock Jockey:
Admit it worm! You and your group had insider info and you used it to short and sell your position in the stock for PROFIT!

AND Stop posting that BS on your blog about what someone might have done if they had known like you. They didn't know and Didn't sell as stated in their posts like you and your gang did when you had the info!
Talk about DISHONEST!!!!!!!!!!!!! Your trying to deflect your culpability in this scandle!

How about posting some REAL facts and FULL disclosure....

What Hedge fund do you work for?
Who do you work for?
What is your current positive holdings in this stock?
How much are you being compensated to bash this start up company?
Give it up wormy.... Full disclosure by you and your buddies will come out eventually.


Posted by the Worm:
Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?


 
Posted by Bearclaw on :
 
Worm...
Your treading water now...arms getting tired? I'm tiring of you...Your much more more boring than I thought you might be...Old information plowed through over and over to deflect the real issue here...Your Behavior and your activities...in collusion with others...

Oh the disappointment...

Gonna be a fun week...I can tell...

Football time...
 
Posted by theW on :
 
Bearclaw

the_worm06 is the only person that publishes on the_worm06 blog.

He publishes what he wants any time he wants.

Would you like to contact the_worm06 in private or would you like to do it in public....

if in public you can simply click the "comments" link in any of the published posts in the_worm06 blog - especially if you want to challenge any of the_worm06's comments on you in that blog...

If in private, then you can PM me on this message board.


quote:
Originally posted by Bearclaw:
Worm...
Oh, who is the moderator on the Worm site? I'd like to contact him...Please provide that information...


Oh, by the way Bearclaw,

Do you think that the subpoenas might reveal detailed information that you have received regarding the exact timing of upcoming coordinated PLNI pump and dumps?

and

Do you think that these communications can be reviewed together with your trading records to see if you traded with advanced knowledge of the begining of the pumps by the Green Baron and other promoters of PLNI?


 
Posted by theW on :
 
No Bearclaw

THE REAL ISSUE HERE IS:

Stock fraud and stock manipulation by PLNI and its management being committed by issuing 1.4 billion shares in the period of 1 1/2 months,while at the same time issuing press releases and making public comments that the company was in a share buyback program...

THAT IS THE REAL ISSUE HERE....


quote:
Originally posted by Bearclaw:
Worm...
Your treading water now...arms getting tired? I'm tiring of you...Your much more more boring than I thought you might be...Old information plowed through over and over to deflect the real issue here...Your Behavior and your activities...in collusion with others...

Oh the disappointment...

Gonna be a fun week...I can tell...

Football time...


 
Posted by Bearclaw on :
 
Worm...
So your...your own moderator...no one to set boundaries for you...well hell that expains as lot...

No I don't think it's a good idea to talk with you right now...I'm afraid you'll try to recruit me since I caught you with you pants down...and now Stock Jockey...You know...Like the geeks who put a virus into a company computer and then the company recruits them to get them to stop...I have a job thanks...
 
Posted by theW on :
 
Bearclaw

There is nothing boring about receiving a subpoena from the SEC requesting all of your trading, phone and email records....

good luck


quote:
Originally posted by Bearclaw:
Worm...
Your treading water now...arms getting tired? I'm tiring of you...Your much more more boring than I thought you might be...Old information plowed through over and over to deflect the real issue here...Your Behavior and your activities...in collusion with others...

Oh the disappointment...

Gonna be a fun week...I can tell...

Football time...


 
Posted by Bearclaw on :
 
Geeezzz...
Your really getting too boring now...Football time...
 
Posted by theW on :
 
Bearclaw

Huh?

recruit?

Why would anyone in their right mind ever try to recruit a person that is so dishonest and greedy like yourself?

There is no organized "gang" here?

Every day many investors open their eyes and realize what kind of company PLNI is...they then begin to post about their disappointment....an example of this action is what happened when the 3.7 billion figure was released by pinksheets.com...total disappointment for the many investors that believed in this company...


quote:
Originally posted by Bearclaw:
Worm...
So your...your own moderator...no one to set boundaries for you...well hell that expains as lot...

No I don't think it's a good idea to talk with you right now...I'm afraid you'll try to recruit me since I caught you with you pants down...and now Stock Jockey...You know...Like the geeks who put a virus into a company computer and then the company recruits them to get them to stop...I have a job thanks...


 
Posted by Bearclaw on :
 
Worm...
Ooops...football now but....Forgot to post this from your Web Site...Just so folks understand what they will find over there...With no one to check on you then your enabled to get out of control whenever the mood strikes you...

the_worm06
Thoughts, Comments and Research on Publicly Traded Companies


[PLNI]: Remember the "Save this Post" messages from this blog?
[PLNI]: More false and misleading statements from an admitted PLNI short term trader
[PLNI]: "Not Good"
[PLNI:The words of a disappointed long time Plasticon investor
[PLNI]: The "Truly Despicable" Mr. Pumpy the Paid Promoter
[PLNI]: 3.7 Billion shares outstanding - Float of 2.3 Billion shares
[PLNI]: Updated Plasticon Common Shares Outstanding
[PLNI]: What will happen when Plasticon finally files a Registration Statement or Audited Financials with the SEC?
[PLNI]: The insults continue by Mr. Pumpy the Paid Promoter
[PLNI]: Save this post for when the new common shares outstanding are listed on Pinksheets.com - the misleading statements continue


Sunday, February 05, 2006
[PLNI]: The Greed and Dishonesty of a Short Term Trader
 
Posted by Bearclaw on :
 
Worm...

The old guilt by association ploy...the old when guilty put the guilt somewhere else to deflect ploy...Are you kidding me...I had really thought you had more..

Just answer the questions we asked so we can move on...Who told you, when, their names and phone numbers...The Transfer Angent and the other person who gave you the information about the TA...I just want to know when you knew what and who else knew...I already know when...so the who is really all I need...
Come on Worm...get some kahoonas...


theW
Member


Rate Member posted February 05, 2006 04:56 PM
--------------------------------------------------------------------------------
Bearclaw

Excellent post....

but you forgot to copy this post from the_worm06 blog:

http://snipurl.com/lb0a

Notice any familiar name there?

The CEO mentioned was convicted of stock fraud and stock manipulation for, among other things, issuing press releases that falsely stated that they were on a stock buyback program, while at the same time issuing millions of shares. He received 8 years in jail.

By any chance do you think that the same people that convicted the CEO and noticed that jmhollen was a consultant, promoter and business associate of the convicted CEO will not review what PLNI has done here?

Like I said, you might want to begin to delete your emails to and form jmhollen and his buddy rrm.

You might also want to limit your communications with these two promoters because you never know what authorities might be listening in....
 
Posted by Bearclaw on :
 
Second request from the Bearclaw...

Worm...
Please post the name of the Transfer Agent who informed you of the share count in December, the exact date you were informed and his phone number...that information was posted on your website during Chrismas...

Posted by the Worm:
"most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.

A gagged TA is one of the first red flags of potential trouble in the future with a company.

What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.

I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com."
--------------------------------------------------------------------------------
Posts: 1875 | From: Knoxville | Registered: Jun 2004 | IP: Logged |


posted February 05, 2006 03:46 PM
--------------------------------------------------------------------------------
Worm...

Did you contact the SEC official? Please provide that officials name, the date the SEC was informed and phone number to folks on this blog...

Posted by the Worm:
Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?
 
Posted by theW on :
 
Bearclaw

This is not a guilty by association ploy...this is the PROMOTER of one of the biggest scams that came from the west coast in years...Do you really think that jmhollen is not in the radar of the SEC and US Attorney's Office?

and now, especially that he is involved with another promoter that was charged by the SEC in 1999?

regarding the 3.7 figure, you have been answered...and oh..by the way...your dates are way off..

quote:
Originally posted by Bearclaw:
Worm...

The old guilt by association ploy...the old when guilty put the guilt somewhere else to deflect ploy...Are you kidding me...I had really thought you had more..

Just answer the questions we asked so we can move on...Who told you, when, their names and phone numbers...The Transfer Angent and the other person who gave you the information about the TA...I just want to know when you knew what and who else knew...I already know when...so the who is really all I need...
Come on Worm...get some kahoonas...


theW
Member


Rate Member posted February 05, 2006 04:56 PM
--------------------------------------------------------------------------------
Bearclaw

Excellent post....

but you forgot to copy this post from the_worm06 blog:

http://snipurl.com/lb0a

Notice any familiar name there?

The CEO mentioned was convicted of stock fraud and stock manipulation for, among other things, issuing press releases that falsely stated that they were on a stock buyback program, while at the same time issuing millions of shares. He received 8 years in jail.

By any chance do you think that the same people that convicted the CEO and noticed that jmhollen was a consultant, promoter and business associate of the convicted CEO will not review what PLNI has done here?

Like I said, you might want to begin to delete your emails to and form jmhollen and his buddy rrm.

You might also want to limit your communications with these two promoters because you never know what authorities might be listening in....


 
Posted by theW on :
 
Bearclaw,

sorry, but you have been answered...if you think that it was posted on the_worm06 blog in December, then please use that information...the only problem is that it wasn't...

quote:
Originally posted by Bearclaw:
Second request from the Bearclaw...

Worm...
Please post the name of the Transfer Agent who informed you of the share count in December, the exact date you were informed and his phone number...that information was posted on your website during Chrismas...

Posted by the Worm:
"most Transfer Agents are authorized to give out the latest outstanding share count. In fact, many companies prefer this method of releasing those updated figures to the public than using the company resources.

A gagged TA is one of the first red flags of potential trouble in the future with a company.

What is amazing in this situation, is that it has actually taken potential threats to remove the PLNI Level II quotes from pinksheets.com to get PLNI to release the shares outstanding to pinksheets.com IN WRITING.

I believe that the release of the December 7, 2005 figure of 2.3 billion shares outstanding actually took almost a month from the time of the first request from pinksheets.com."
--------------------------------------------------------------------------------
Posts: 1875 | From: Knoxville | Registered: Jun 2004 | IP: Logged |


posted February 05, 2006 03:46 PM
--------------------------------------------------------------------------------
Worm...

Did you contact the SEC official? Please provide that officials name, the date the SEC was informed and phone number to folks on this blog...

Posted by the Worm:
Regarding your statement: "Imagine what you could do if you knew the new share numbers weeks ahead of time" - Yes...what was done was to contact the SEC and let them know immediately of the 3.7 bilion figure, in addition to the PLNI press releases stating that PLNI was in a share buyback mode. So, the SEC knew of the 3.7 billion figure before pinksheets.com published it late this week. By any chance do you think that the same SEC enforcement people that were involved in charging one of PLNI promoters with violations of SEC regulations were the ones informed of the 3.7 billion?


 
Posted by Bearclaw on :
 
Geeezzzz...

I have no idea what this is about...Whatever it is it has nothing to do with the information I asked you...At least I think so...does it? Wait a minute...is there a reason your bringing this person up other than deflecting? come on...spill the beans...this is getting boring...

Also, if I have the dates wrong then please correct them as you include the other information...

Member


Rate Member posted February 05, 2006 05:08 PM
--------------------------------------------------------------------------------
Bearclaw

This is not a guilty by association ploy...this is the PROMOTER of one of the biggest scams that came from the west coast in years...Do you really think that jmhollen is not in the radar of the SEC and US Attorney's Office?

and now, especially that he is involved with another promoter that was charged by the SEC in 1999?

regarding the 3.7 figure, you have been answered...and oh..by the way...your dates are way off..
 
Posted by theW on :
 
Bearclaw

huh?

deflection?

1. A company issues press releases and public statements about being in a share buyback program.

2. The same company ends up issuing a massive amount of shares instead.

3. The CEO of the company gets convicted of stock fraud and stock manipulation.

4. The same company's promoter and consultant is jmhollen.

5. hmhollen is also a promoter of PLNI, who happens to have done the same as #1 & #2 above.

6. There is no deflection.


quote:
Originally posted by Bearclaw:
Geeezzzz...

I have no idea what this is about...Whatever it is it has nothing to do with the information I asked you...At least I think so...does it? Wait a minute...is there a reason your bringing this person up other than deflecting? come on...spill the beans...this is getting boring...

Also, if I have the dates wrong then please correct them as you include the other information...

Member


Rate Member posted February 05, 2006 05:08 PM
--------------------------------------------------------------------------------
Bearclaw

This is not a guilty by association ploy...this is the PROMOTER of one of the biggest scams that came from the west coast in years...Do you really think that jmhollen is not in the radar of the SEC and US Attorney's Office?

and now, especially that he is involved with another promoter that was charged by the SEC in 1999?

regarding the 3.7 figure, you have been answered...and oh..by the way...your dates are way off..


 
Posted by Bearclaw on :
 
Worm...

I'm not going to go over this again...
the deflection is from your behavior and your actions...Get it Worm?

You've bored me to no end...We'll just keep
re-posting your statements along with Stockhunter and now State...thanks to StockJockeys research...The rest of it is already out to the folks it needs to be...

You know Worm...You should have let Stockhunter fix this...He doesn't fluster...I never was really able to get him to pop off...and believe me I tried hard...but...You however were easy to get angry...and you showed your arse...

The rest is up to others...not me ...and I think getting more information from you is over...You won't make that mistake again...or....maybe you will...

We're done here...your usefullness is done...
 
Posted by theW on :
 
Bearclaw,

you see, somehow I don't understand...

what happened here?

http://snipurl.com/m9iz

do you think that this information has been sent to the SEC also?

nah...that couldn't be
 
Posted by theW on :
 
Bearclaw

ha!

you are so funny...

there was no mistake posted...

every word, every sentence, every paragraph was meant to be posted for all people to read...

no mistake...

say, what's up with the 3.7 billion shares outstanding?....when do you think the balance of the 5 billion shares will be issued?...next week?

here is some more info for you:

there will be another "Prediction" from the_worm06 posted in the blog before the close of trading on Wednesday, February 8th.....

don't get caught with your pants down like you did on this last one...


quote:
Originally posted by Bearclaw:
Worm...

I'm not going to go over this again...
the deflection is from your behavior and your actions...Get it Worm?

You've bored me to no end...We'll just keep
re-posting your statements along with Stockhunter and now State...thanks to StockJockeys research...The rest of it is already out to the folks it needs to be...

You know Worm...You should have let Stockhunter fix this...He doesn't fluster...I never was really able to get him to pop off...and believe me I tried hard...but...You however were easy to get angry...and you showed your arse...

The rest is up to others...not me ...and I think getting more information from you is over...You won't make that mistake again...or....maybe you will...

We're done here...your usefullness is done...


 
Posted by Bearclaw on :
 
Worm...
You got my attention again....Is this another attack on PLNI involving collusion or is it insider information? If you predict it for Wednesday than that means you know it now...and I thought you wouldn't peezzz on your own leg again...

"don't get caught with my pants down" ....
this must mean that what you know or what you in a collusive effort will cause will effect the PPS...Hmmmm???? Not the first time you've done this I imagine???

I'll be watching carefully adolf...The Gustapo must be on the march again...but now there will be others watching...I'm only concerned about my investments in PLNI...but...Your behavior and actions draws others...Good luck with that son...

Posted by the worm:

"here is some more info for you:
there will be another "Prediction" from the_worm06 posted in the blog before the close of trading on Wednesday, February 8th.....
don't get caught with your pants down like you did on this last one
 
Posted by theW on :
 
Bearclaw

"another attack"?

huh?

why don't you help us a little and tell us when the last "attack" occurred?

you can't, because there never was such thing


like I just posted, expect a "Prediction" by the_worm06 to be published on the_worm06 blog before the end of trading on Wednesday, feb. 8th...

good luck to you

oh...you might want to ask your buddy rrm to post several messages denying that the "Prediction" will come true, just like last Thursday, which made a total fool of him when he was absolutely wrong on the announcement of the 3.7 billion share count.

a hint:

Monday, noon EST would be considered "before the end of trading on Wed. feb. 8th".

so would Tues, 3:00pm EST

as would Wed., 10:00am EST


quote:
Originally posted by Bearclaw:
Worm...
You got my attention again....Is this another attack on PLNI involving collusion or is it insider information? If you predict it for Wednesday than that means you know it now...and I thought you wouldn't peezzz on your own leg again...

"don't get caught with my pants down" ....
this must mean that what you know or what you in a collusive effort will cause will effect the PPS...Hmmmm???? Not the first time you've done this I imagine???

I'll be watching carefully adolf...The Gustapo must be on the march again...but now there will be others watching...I'm only concerned about my investments in PLNI...but...Your behavior and actions draws others...Good luck with that son...

Posted by the worm:

"here is some more info for you:
there will be another "Prediction" from the_worm06 posted in the blog before the close of trading on Wednesday, February 8th.....
don't get caught with your pants down like you did on this last one


 
Posted by theW on :
 
Bearclaw

what is this?

"collusion"?

"insider information"?

grow up will ya!

you have been watching too many spy movies...


quote:
Originally posted by Bearclaw:
Worm...
You got my attention again....Is this another attack on PLNI involving collusion or is it insider information? If you predict it for Wednesday than that means you know it now...and I thought you wouldn't peezzz on your own leg again...

"don't get caught with my pants down" ....
this must mean that what you know or what you in a collusive effort will cause will effect the PPS...Hmmmm???? Not the first time you've done this I imagine???

I'll be watching carefully adolf...The Gustapo must be on the march again...but now there will be others watching...I'm only concerned about my investments in PLNI...but...Your behavior and actions draws others...Good luck with that son...

Posted by the worm:

"here is some more info for you:
there will be another "Prediction" from the_worm06 posted in the blog before the close of trading on Wednesday, February 8th.....
don't get caught with your pants down like you did on this last one


 
Posted by theW on :
 
Bearclaw

poof!
gone!

what ever happened to the $141,000 of PLNI stockholders' money?

who received these funds?

http://snipurl.com/m9lg
 
Posted by ed19363 on :
 
This thread has become nothing more than a place for posters to belittle each other and argue about meaningless trash.
Sorry, will, but I think its time to lock it down, ban several posters and require that namecalling and garbage posting is not allowed.
Looking at the last several pages, there is not one post there that could be construed as useful to ANY investor.
How about it, moderators? How long is this crap going to be allowed to be posted?
 
Posted by will on :
 
This thread only becomes a place to argue about trash if everyone lets it become that. If nothing else, let it speak for itself, and let it illuminate the character of the posters you are referring to.
Take what you like and leave what you find to be trash.
 
Posted by theW on :
 
ed

please tell us what informatoin you would consider meaningful enough to be discussed on thread?

I have been asking Bearclaw to discuss PLNI, positive or negative, and he refuses...


quote:
Originally posted by ed19363:
This thread has become nothing more than a place for posters to belittle each other and argue about meaningless trash.
Sorry, will, but I think its time to lock it down, ban several posters and require that namecalling and garbage posting is not allowed.
Looking at the last several pages, there is not one post there that could be construed as useful to ANY investor.
How about it, moderators? How long is this crap going to be allowed to be posted?


 
Posted by theW on :
 
will

again

fully agree


quote:
Originally posted by will:
This thread only becomes a place to argue about trash if everyone lets it become that. If nothing else, let it speak for itself, and let it illuminate the character of the posters you are referring to.
Take what you like and leave what you find to be trash.


 
Posted by will on :
 
ed, notice at the bottom of each post there is the number of post and individual has made, the date they registered, an IP Logged, and a Whistle Icon Report Post. Please use the report post feature to alert the administration of Allstocks of post you find offensive. I'm sure if they agree the will delete the post. There is just too much of an outline and blueprint of a stock that has potential to be a good example of a manipulated stock to be locked. Makes no matter if the CEO or the MM's or outside forces are responsible, I still say it should stand as an example to be look back on periodocally.
Have you forgot your time, frustration, and disappointments with CMKX so soon, that you would let an ooportunity to educate newer folks to a potential pump and dump scheme, or deprive them of a chance to beware of situation that fit a certain pattern? Do you want to let people with questionable motive and character to have their post burried in the archives never to be seen again, so they can influence a new generation of investors without fear of those new people knowing how they think and operate?
 
Posted by BuyTex on :
 
lol, my poor lil ol questions still stand:

1) Is this TA gagged?

2) Who can short this stock?

[sidenote: Will is completely, absolutely right about not locking down/deleting this thread, imo: too many times good DD gets "hidden" by starting new threads. "History" is important; when it's scattered among several threads, it's both too easy for scammers to operate and too hard for "those who remember" to find a relevant post form the past.]

[ February 05, 2006, 23:58: Message edited by: BuyTex ]
 
Posted by state780 on :
 
An observation about the stock from navco68 at RB (hoping to move things forward):

==========

Good point. I spoke with Apple on Friday and they said the shares were used to pay for "services" like accounting and so on. I was speaking with Jackie. I made a quick calculation that the amount from the additional shares should have generated over 7 million. I told her this makes no sense, how can you spend 7 million on services. I would have rather heard it was to buy semco. She had no answers. I hoped that when we started 2006 JT would have learned from his mistakes. We can now see thats not the case. Still, plni has great products. Lets hope they become a takeover target or get new management.
========================
Again, simply for the sake of whatever inferences people want to make, that's similar to the message consistently reported by every poster I've read who has said they called Big Apple--that Rodney or Jackie said it was for accounting and such, and I think one or two said Mapple also said attorneys. I agree that the amount of money generated by the higher float is pretty darn big for such services; others may have a different opinion.
 
Posted by state780 on :
 
An incomplete answer for Tex on the TA: On more than one occasion in recent days, I've seen posts stating that PLNI's transfer agent, First American Stock Transfer Inc., does not provide share counts for any of its clients. I do not know this to be a fact. For anyone who wants to do a little DD, below is a link to their site, which includes contact info:

http://www.firstamericanstock.com/index.html
 
Posted by theW on :
 
state

the category of attorneys and auditing often is a subset of "consulting" services.

consulting services often include the shares paid to paid promoters and "friends of the company".

officers and Directors of companies sometimes get paid as "consultants" and not as employees.

former owners of companies that get acquired sometimes also get paid as "consultants", and sometimes even if the acquisition is never completed, witness the millions of PLNI shares owned by one Mark Driver, the owner of a company that Wicklund claimed had entered into a letter of intent to be acquired by PLNI/Wicklund:

MARK DRIVER 146,613,142
http://www.secinfo.com/d12TC3.1db6.htm

I hope this helps....

quote:
Originally posted by state780:
An observation about the stock from navco68 at RB (hoping to move things forward):

==========

Good point. I spoke with Apple on Friday and they said the shares were used to pay for "services" like accounting and so on. I was speaking with Jackie. I made a quick calculation that the amount from the additional shares should have generated over 7 million. I told her this makes no sense, how can you spend 7 million on services. I would have rather heard it was to buy semco. She had no answers. I hoped that when we started 2006 JT would have learned from his mistakes. We can now see thats not the case. Still, plni has great products. Lets hope they become a takeover target or get new management.
========================
Again, simply for the sake of whatever inferences people want to make, that's similar to the message consistently reported by every poster I've read who has said they called Big Apple--that Rodney or Jackie said it was for accounting and such, and I think one or two said Mapple also said attorneys. I agree that the amount of money generated by the higher float is pretty darn big for such services; others may have a different opinion.


 
Posted by theW on :
 
BuyTex

1) the TA is gagged

2) As far as who can short this stock, or better yet, who would want to short this stock, you should look up PIPE's - Private Investment in Public Entities.

If you are asking whether PLNI has been involved in a PIPE, you only have to look as far as The Green Baron's $150,000 cash investment into PLNI in a private placement during 2005.


quote:
Originally posted by BuyTex:
lol, my poor lil ol questions still stand:

1) Is this TA gagged?

2) Who can short this stock?

[sidenote: Will is completely, absolutely right about not locking down/deleting this thread, imo: too many times good DD gets "hidden" by starting new threads. "History" is important; when it's scattered among several threads, it's both too easy for scammers to operate and too hard for "those who remember" to find a relevant post form the past.]


 
Posted by BuyTex on :
 
quote:
Originally posted by state780:
An incomplete answer for Tex on the TA: On more than one occasion in recent days, I've seen posts stating that PLNI's transfer agent, First American Stock Transfer Inc., does not provide share counts for any of its clients. I do not know this to be a fact. For anyone who wants to do a little DD, below is a link to their site, which includes contact info:

http://www.firstamericanstock.com/index.html

well then, two main questions arise *if* that is true:

(1) did First American ever provide such info? (if so, when did they quit, etc...?)

(2) if that's been their policy all along, doesn't that raise a flag about *any* company who chooses them for a TA?


[subtext: "transparency" is the name of the game, kids...]
 
Posted by state780 on :
 
1. Good question! Let me know if you find out!

2. I guess that's an opinion. I am not experienced enough to know how many TAs typically provide such figures vs. how many don't. I'm not experienced enough to know if there's a certain type of respectable pinksheet company (is that an oxymoron?) that chooses such a TA. What I do believe, based on what I've read around the net, is that a common piece of Pinksheet For Dummies advice is that it's a red flag when the TA cannot/does not provide the share count.
 
Posted by state780 on :
 
btw I hear what you guys are saying about the thread. You know, there already is another PLNI thread here at allstocks, operating in an alternate universe, I think under "hot stocks" or something. It's maybe two weeks old.
 
Posted by Chopper on :
 
I have had a very busy weekend, just read the thread and have to weigh in on this bologna for sure.

worm you are really starting to sound like the town fool with statements like this.

"I believe that you will be informed of the names and contact numbers of the senior SEC Enforcement officials once you are subpoenaed for your trading records and your phone logs and email communications with rrm and jmhollen...so please answer the door when the Sheriff delivers the subpoena..."

What universe do you happen to live in? Do you even have a clue about trading in the penny market or any market for that matter??? If it wasn't for the daytraders, swing traders, flippers or what ever you want to call them, there would be ZERO liquidity in some of the stocks out there. Go to any one of 10,000 boards out there on the net and you will find these good folks trying to make a buck on every stock listed in ALL of the markets. You seem to think that if someone likes a stock, posts their opinion and daytrades they are the bad guys. Don't talk like an idiot, I know your much smarter than that.

We have some characters that float around the blogs that do nothing but pump a stock as they are front loading it to the hilt, run the crap out of it then sell, leaving a boat load of bag holders. Now that is criminal. But your barking up the wrong tree with Bearclaw and other board members here as they have identified some of these individuals and shut them down cold. TBLU happens to be one of these stocks that were front loaded and run a couple of times in the past 12 months by a couple of groups. Bearclaw took on the crooks like a rabid Wolverine. You pick a fight with Bearclaw and you take on a lot of his board friends.

Here are the items that you have brought to light for us.

1. You have ZERO position in PLNI.
2. You have come here Purely to pick a fight.
3. You obtained insider Share Structure information regardless how you may have used that information.
4. You distort posters statements to your needs to discredit and bully them anyway possible on your blog and several other boards.
5. You refuse to answer reasonable questons but ask those that can only be answered by people working directly for the company.
6. You use your legions of minions to spam boards with loads of ..#5
7. You accuse anyone posting about Plasticon in a positive manner pumpers and people bashing as savy investors.
8. You accuse folks of being criminal should they talk in a positive light about Plasticon and swing or daytrade. (News Flash genius; You'd have to lock up every poster on every board!)
9. You have a personal vendetta against Plasticon.
10. NO ONE uses this much energy creating a blog and spamming every board on the internet without an agenda! Period!!! You are not the Savior and there is some compensation somewhere being paid for these brutal attacks against Plasticon.
11. You use the unwitting to do your dirty work enabling you plausible deniability in case this goes south on you.
12. You do not use ONE drop of your own DD but enlist the unwitting to fill your blog after you release suggestive questions.

You sir are a Cad posing as a concerned individual.
 
Posted by bobcat88 on :
 
Would someone just let me, a regular joe stockholder, know if I should stay in with this stock or not, after doing the research last week I was left with some big question marks of my own about this company and now all yall are throwing out some pretty heavy accusations. With the price back to .0061 I will only me out my trade fee since that is where I've averaged down to.
 
Posted by state780 on :
 
Bobcat, despite all the insanity here, there actually is one position that people of many stripes can agree on, judging from the chatter--namely, that currently PLNI may be a good swing or momemtum play.

The risks are higher because, based simply on what I read on the boards, there is a probability that SOME traders have complained to regulatory authorities, and that's never good for a stock. What I don't know--I admit my inexperience here--is whether pinksheet stocks always are the subject of complaints anyway, and what it takes to really get the attention of, say, the SEC. But is there an added layer of risk? Yes, I think that's a fair statement.

Could the stock go up? Yes, absolutely. I am sure many of us, again on all sides, are surprised that the pps has not declined more. That shows an undeniable quality of resiliency. Of course we have no way of knowing how many PLNI traders are aware of the dilution.

There are just so many imponderables here that I don't think anyone could be very confident about making a prediction. For people who have a good feel for market swings (and truly wouldn't miss the money if they lost it) this could be an opportunity.

That's not my style (or my capability), which is why I got out when I did. Personally, I just don't have any confidence in PLNI's leadership, for the reasons I won't belabor here. And I have no way of independently evaluating the company's fundamentals, or hardly any. About the only hard numbers coming out of PLNI are the dilution bombs up on pinksheets and a 5 billion a/s count that still leaves Turek room to sell more shares. I have no way of knowing if he's doing that, but in my case, with my style of trading, past performance does not give me the confidence I need to play that spin of the roullete wheel.

That's as honest an assessment as I can offer. GLTA.
 
Posted by Stock Jockey on :
 
Well this is a hard call Bobcat... With the dilution, (although it's no where near the worst I have ever seen) Plasticon really needs to get some of the original projects completed and soon. The audit must be completed and some explanation to the current float and os numbers. Anyones guess here. Wish I could help more.
 
Posted by bobcat88 on :
 
Well my 919K shares have been traded, I've ridden it down to the .003 range and then back up to a penny, will reinvest when I hear something positive. Hope Bear doesnt attack me for continuing to watch and do DD!
 
Posted by Bearclaw on :
 
No Bobcat...
Your on no one's radar for problems...
 
Posted by successinstock on :
 
awful quiet here today....guess they are all on RB battling with RRM...

maybe the 2nd shift will be on later.
 
Posted by imakmony2005 on :
 
Im holding for now.Now lets see.
 
Posted by sharkone on :
 
Anyone have any insight on what may happen? Will the price keep dropping, or hold steady for a while?
 
Posted by state780 on :
 
I have no idea, but the L2 feed apparently has been shut down again by pinksheets. Like last time, it is still available inside the Plasticon website (in investor relations) but if you go directly to pinksheets dot com, you get the pink screen of death message:


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

Of course, there is no telling at this point if it's a technical snafu or something more serious. Posters on a couple boards, Ihub and RB, have called IR and neztime reports the following at RB:

==========
Shad, just did so, was told that tere is a call into pinksheets as they don't know why they are still getting the feed to the PLNI web site and the message on the pinksheets site is the same as it was last week or last time this happened. The word "glitch" was used.
I didn't get the impression of panic or anything like that just the impression of buisness as usual.FWIW Nez
===============
 
Posted by mbmaid on :
 
Looking good right now...
 
Posted by ed19363 on :
 
Somebody should tell them to cut it off until some filings are done. Looks like somebody has to FORCE them to file somehow.
 
Posted by bobcat88 on :
 
Who in their right mind just bought 40k shares * .0069?
 
Posted by state780 on :
 
A mistake--must have been 69 instead of 59
 
Posted by bobcat88 on :
 
Does that get reversed? It shows as the HOD. If so can I go back and get .01 for mine cause that is what I meant not .0061 a week ago. Still nothing new as far as news goes?
 
Posted by state780 on :
 
I see no news out there. The L2 at pinksheets is still down. The L2 inside the plni website is still up.
 
Posted by ed19363 on :
 
quote:
Originally posted by bobcat88:
Who in their right mind just bought 40k shares * .0069?

Nobody in penny stocks has ever been accused of being in their right mind.
 
Posted by state780 on :
 
Not a whole lot of new DD around the boards, but here are two interesting posts from RB:

=====================
Just talked to Tim at Pinksheets and this is the story. The quote is blocked due to excessive complaints of promotional spamming of the company by e-mail and phone calls and will not be restored to PK L2 quotes until the financials are out. The block last week was lifted due to a PLNI promise to deliver the financials by a certain date (yesterday) and filing them with the SEC and that date has passed as we can see. Tim says that PLNI has said that "any day now" for the "current" financials and the SEC filing but PK wants to see them before they will be allowed L2 there. Sorry if this has already been posted.
I said to him the complaints they received could have been tactics from bashers and he said "Uh YEAH" could have been. PLNI pays for L2 but PK said they have rules and being payed for L2 quoting doesn't matter according to their rules.
=====================

And this:

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

pinksheets wants balance sheets published. PLNI has been in an audit for over a year, PLNI has announced profitability. IMO PLNI could not announce profitability without a balance sheet. Jackie at Apple told me that they (PLNI) were working to get the info to pinksheets. IMO PLNI has the balance sheets and will not release them. We know now that PLNI has has since the last time that Pinksheets stopped listing L2 to come up with a balance sheet. If they do not have a balance balance sheet IMO there is no audit.
===============

I certainly don't know if there is or isn't an audit. What interests me is pinksheets' interest in financials. I originally guessed this week's suspension of the L2s at the pinksheets site was just another round of share-count verifications, but I may have been wrong about that.

GLTA
 
Posted by BuyTex on :
 
The owner of pinksheets published a piece not long ago, vowing to clean em up Ithe pinksheets' credibility) with a tiered system that would bring the "cream to the top" via self-reporting--and let the "drudge get drudgier." fwiw...
 
Posted by state780 on :
 
Interesting, BuyTex, thanks for that.
 
Posted by ed19363 on :
 
Good news, maybe it'll get these guys on the ball. IMO, we all have waited long enough now.
 
Posted by Highwaychild on :
 
Yeah, If the S.E.C. can't(won't) do it, maybe pinksheets .com will.
 
Posted by state780 on :
 
Interesting posts of the morning. From rb, by disabill/neztime. J would most likely be Jackie; R, Rodney. The post:

=========
Shad, My personal take after call.
Spoke with J. Was informed that PK had a review process which may take days to a week before they put PLNI back up. As far as the question of overall crdibility, she segwayed into it by saying that the process was being conducted in an extra thorough manner due to the fact that PLNI already blew one dead line (implied).
I then told her about previous conversations I had with R , especially the point that R had told me, in no uncertian terms that the finacials would be out next seek at the earlest or the following week. The convestaion of which I speak occured last wends. This week is gone, which I pointed out and she did say that it is her understanding that a deadline, the 14th of feb. has been set for the release although it may be earlier. She indicated that one of the things causing the delays (of late) has been lost time due to responding to many negitive phone calls and responding to many, many contacts from the SEC and other agencys. I guess that the bashers intent, and it is apparently working, is to deny the Apple and PLNI time by creating a situation where they are distracted due to having to answer all of the negitive calls and the false accusations. They feel strongly that it is important to be reactive with the above rather than just ignore both. That may give the impression that they have change their approach from one of suppling information that is availible to one of just ignoring things. That in turn would get the synics thinking about "wow, now what could they be doing, packing bags, making arraingments to leave the country ect." All of which is not true and therefore they are trying the best they can to answer even the most inquires that are obviously designed to burn time or take time from more important things.
The Arch conference was brought up and she said that there was no change to date and it is still on.
So we now have an earlier deadline (or at least I do) for the relase of finacial info, the 18th as well as the Arch conference.
Someone posted yesterday that they could not imagine PLNI walking into that conference without the real deal, I agree. However, to me, the 18th is now an important date as both R and J have placed the date in the next week. Failure to meet it will give me great pause and possibly cause me to lose all interest in this "saga". Will make that desicion when the time comes which is now a week away. JMO and read of what I was told and what was inferred. I may be totally wrong as I have a fever but I can still read the directions on the medicine bottle! LOL Nez
=========
and another from jmhollen/yellowsub, posted at the bull's board at SI:

=============
I think that like Strat Petroleum, PLNI may have picked the wrong damn auditor. I understand somebody in the auditor's Vegas office recently got crap-canned and the bulk of the work on the PLNI case had to be recalled to the firm's CA office. No personal verification on that, but the source of the information was impeccable. Strat (SPRL) just had to crap-can their auditor, and start over with a new outfit = more freaking delays there. "..Schmidt happens..". This Sar-Ox business has everybody, including many old and huge Snob Stock companies, tied up in knots. And, you know damn well that the CPAs are 'milking it' for every nickel it's worth.

According to the grapevine, several years of figures will be available almost immediately, those numbers will promptly be provided to mafia.com, and that should put this show back on the road. Since the company is basically debt-free and running in the black from what I hear, significant improvements in the status quo should follow such reports and related filings.

I'm of the opinion that many of the recently impatient grousers around here will have very little to (w)itch about very soon. In the interim, they can support the efforts of the BashHoles if they want to - however, that will hopefully be done on another Board. Considering the size of my collection, I feel reasonably justified in my pressing my opinion on that matter.

John :-)
=============


And from RB long rrm:
=============
Nez:

Thanks for sharing. I must agree... the time for action is approaching. No more slack is in evidence. I pulled my buy order this morning.

rrm
==========
 
Posted by state780 on :
 
And then this from footballcrazy on the SI Bull's Board:

================
Spoke with Rodney Marvel at Big Apple. He said that the '03 & '04 Financials are done and just being given a final once over. Then they will be submitted to the SEC (10-k). I inquired about the '05 Financials and he said that he was under the impression that they were close to being done as well.

I asked about the new auditor or a problem with the auditor. He said that he had no knowledge of any of this. He believed that the same auditor was still doing the job.

I questioned the lack of PRs. Rodney said that information is getting out via Big Apple. "That's what they pay us for".
He said that he did not have a press release schedule and he had no idea as of when. Said he would E-Mail Bill Howe to see about getting a PR schedule. But also said he was glad he didn't know, that way he wouldn't give out times for them and then have them not happen.

As for the Pink Sheets. Rodney said that with the '03 & '04 audited information, Pink Sheets would get the quotes back up. But didn't say when that would be. I guess whenever they get the info to them. But again, those audit years are still being re-checked for submitting anything.

All I got. Nothing new really. But, figured I'd contribute the little I found out.

Michael
==============
 
Posted by Chopper on :
 
Well that sounded like Great News to me. Now Get Er Done Mr. Turek!
 
Posted by FatherOfTwo on :
 
Hey guys... just got a minute to check in on things here.

The chart looks like it found support and is consolidating before it turns back up. The lack of promised information has definitely hurt the pps, but once they do start releasing, the pps will take care of itself.

Holding long here!

GLTYA.
 
Posted by FatherOfTwo on :
 
Here is a recent Green Baron update:

Update: Special Update

Plasticon International (PK: PLNI)

The Green Baron Report simply wanted to let our members know that we still think Plasticon will be a success, and that PLNI stock is likely nearing another short-term bottom. The last time we felt PLNI was ripe for accumulation at the end of December, the stock rallied from .0039 to .0109 in about three weeks. Although we believe PLNI could continue to churn around at prices near today’s close of .0057 per share for another week or two, we think the “mother of all moves up” is still in front of us.

We have faith in CEO Jim Turek and his smart acquisitions of Pro Mold and Semco Manufacturing for Plasticon. However, the Company’s failure to produce a completed audit in January has sent the shares down from recent highs and put doubt whether it will even come. Shareholders ought to rejoice if the delay is short and the audit can be completed in February. A signed audit would likely generate a domino effect of positive developments. Our suggestion is to hang tough.
 
Posted by FatherOfTwo on :
 
NEWS>>>>>>>>>

Small Cap Expo, American Stock Exchange, February 16th
Friday February 10, 3:47 pm ET


LOS ANGELES, CA--(MARKET WIRE)--Feb 10, 2006 -- On Thursday, February 16th, 20 Small Cap Companies will convene to interact with and exhibit to our invited guests of brokers, broker-dealers, market makers, hedge fund managers and investment bankers at the Fourth Annual MoneyTV Small Cap Expo, being held on the 14th Floor Executive Auditorium of the American Stock Exchange in New York City.
The Fourth Annual MoneyTV Small Cap Expo will feature Company Exhibits, Executive Presentations and MoneyTV capsule interviews with company CEOs. There is also a hosted social.

The 20 exhibiting companies include:

EnXnet, Inc. (OTC BB:EXNT.OB - News), Plasticon International, Inc. (Other OTC:PLNI.PK - News), Neutron Enterprises, Inc. (OTC BB:NTRN.OB - News), Axion Power International, Inc. (OTC BB:AXPW.OB - News).

Attendance to the Fourth Annual MoneyTV Small Cap Expo is BY ADVANCE REGISTRATION ONLY. Financial professionals from the Greater New York area can register by visiting:

http://www.smallcapexpo.com/invitation.htm
 
Posted by Chopper on :
 
Nice catch FOT... Looks like things are gearing up again.
 
Posted by bobcat88 on :
 
quote:
Originally posted by FatherOfTwo:
NEWS>>>>>>>>>

Small Cap Expo, American Stock Exchange, February 16th
Friday February 10, 3:47 pm ET


LOS ANGELES, CA--(MARKET WIRE)--Feb 10, 2006 -- On Thursday, February 16th, 20 Small Cap Companies will convene to interact with and exhibit to our invited guests of brokers, broker-dealers, market makers, hedge fund managers and investment bankers at the Fourth Annual MoneyTV Small Cap Expo, being held on the 14th Floor Executive Auditorium of the American Stock Exchange in New York City.
The Fourth Annual MoneyTV Small Cap Expo will feature Company Exhibits, Executive Presentations and MoneyTV capsule interviews with company CEOs. There is also a hosted social.

The 20 exhibiting companies include:

EnXnet, Inc. (OTC BB:EXNT.OB - News), Plasticon International, Inc. (Other OTC:PLNI.PK - News), Neutron Enterprises, Inc. (OTC BB:NTRN.OB - News), Axion Power International, Inc. (OTC BB:AXPW.OB - News).

Attendance to the Fourth Annual MoneyTV Small Cap Expo is BY ADVANCE REGISTRATION ONLY. Financial professionals from the Greater New York area can register by visiting:

http://www.smallcapexpo.com/invitation.htm

Is that how it is done? Just find some new news and insert whatever stocks you want to pump in the headlines? I need to try that! Which story is correct?
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BCEA91727%2D2519%2D4E09%2D90D4%2D50CA62764979%7D&siteid=mktw&dist=nbs&symb=
 
Posted by state780 on :
 
Down about 7% today.

Lots of reports by posters, including contradictory ones. One poster has "J" [no doubt Jackie] at Big Apple saying PLNI is getting slowed down responding to "many, many contacts from the SEC and other agencies." Another has Rodney saying he is unaware of any SEC inquiries. So you got me.

By the way, has there been some kind of revival of fax machines out there? I keep reading about pinksheets.com allegeldy getting inundated with nefarious faxblasts, but who uses a fax anymore?
 
Posted by Wino Ph.D. on :
 
Plasicon is listed under the Past and Present exhibitors.

http://www.smallcapexpo.com/exhibitorlist.htm

The only question is are they past or are they present?
 
Posted by bobcat88 on :
 
Just re-read my post and it kind of sounds like I'm accusing FatherofTwo of the editing. Didnt mean for it to sound like that, just thought is was funny that the two artcles are exactly the same other than the sample list of exibitors that will be attending.
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by bobcat88:
quote:
Originally posted by FatherOfTwo:
NEWS>>>>>>>>>

Small Cap Expo, American Stock Exchange, February 16th
Friday February 10, 3:47 pm ET


LOS ANGELES, CA--(MARKET WIRE)--Feb 10, 2006 -- On Thursday, February 16th, 20 Small Cap Companies will convene to interact with and exhibit to our invited guests of brokers, broker-dealers, market makers, hedge fund managers and investment bankers at the Fourth Annual MoneyTV Small Cap Expo, being held on the 14th Floor Executive Auditorium of the American Stock Exchange in New York City.
The Fourth Annual MoneyTV Small Cap Expo will feature Company Exhibits, Executive Presentations and MoneyTV capsule interviews with company CEOs. There is also a hosted social.

The 20 exhibiting companies include:

EnXnet, Inc. (OTC BB:EXNT.OB - News), Plasticon International, Inc. (Other OTC:PLNI.PK - News), Neutron Enterprises, Inc. (OTC BB:NTRN.OB - News), Axion Power International, Inc. (OTC BB:AXPW.OB - News).

Attendance to the Fourth Annual MoneyTV Small Cap Expo is BY ADVANCE REGISTRATION ONLY. Financial professionals from the Greater New York area can register by visiting:

http://www.smallcapexpo.com/invitation.htm

Is that how it is done? Just find some new news and insert whatever stocks you want to pump in the headlines? I need to try that! Which story is correct?
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BCEA91727%2D2519%2D4E09%2D90D4%2D50CA62764979%7D&siteid=mktw&dist=nbs&symb=

http://biz.yahoo.com/iw/060210/0109440.html
 
Posted by Chopper on :
 
Still a good catch FOT. LOL

State many businesses still use fax transmissions. I do in mine and only because MANY of my suppliers still only use that method. Anything for an arguement. To funny ;0)
 
Posted by BuyTex on :
 
Local news ran a spot today about fax-spam still being a big problem...who'd a thought it?
 
Posted by Stock Jockey on :
 
We were down 3 1/2% at the close FYI.
You should have posted my phone call state... You posted anything else you could find that was Negative including your own comments. Your not very funny NON STOCK HOLDER.

I called Pink Sheets to get a handle on this he said she said stuff. The person there conveyed to me that the L2 qoutes being blocked on their site was in response to a barrage of calls and faxes demanding disclosure per the Pink Sheet policy. The allegations made by way of fax and callers was a Major Pr campaign had been conducted and no disclosure to tie up previous claims made in earlier pr's.
The so called major pr campaign is listed below.

The Pink Sheets have NO authority to shut down L2 quotes or trading by any company as observed in folks that subscribe to services like Alpha trade and others. As I understand it Pink Sheets is a private company that runs the L2's on their sight on a fee basis so they are able to pull any companies quotes on their own site.

My understanding is that financial info was sent to them and this has been declined by them. The information requested is nothing less than a 10k due to the high volume of corespondance by groups of (NON)investors. ???? Kinda makes one go hmmmmmmmmmmmmmmmmmm.

Apparently Plasticon is completing paperwork for the SEC filings and will submit those to the SEC prior to the PS and then to the PS. At that time the folks at PS assure me that they will then again quote the stock on their site.

I asked the person I spoke with "Is this removal of L2's a standard response to pinks with no financials published?". The answer was not necessarily. We have many non reporting stocks quoted. It only comes into play when it is BROUGHT TO OUR ATTENTION with a HIGH VOLUME of inquiries as to our listing policy on a particular security . Hmmmmmm This high volume stinks of Stock Manipulation to me.

I think it is a great thing that we will get the disclosure we all want. IMO, I think it is akin to an Armed Robbery as to how it was conducted by outside influences.

It is all up to Plasticon now, however should we see the 10k IMO the plan as stated in prior pr's will be in play. GL

• Plasticon Announces That SEMCO's System Is Selected and Specified for Department of Transportation Surfacing Contract
Market Wire (Mon, Jan 30)
• Plasticon International to Launch Marketing Campaign for SEMCO in February
Market Wire (Fri, Jan 27)
• SEMCO Announces McCarren International Airport Surfacing Contract
Market Wire (Wed, Jan 25)
• Plasticon International Recent Media Coverage
Market Wire (Tue, Jan 24)
• SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters
Market Wire (Mon, Jan 23)
• Plasticon's SEMCO Acquisition Announcement to Appear in Investor's Business Daily (IBD)
Market Wire (Fri, Jan 20)
• Plasticon Completes SEMCO Acquisition
Market Wire (Thu, Jan 19)


quote:
Originally posted by state780:
Down about 7% today.

Lots of reports by posters, including contradictory ones. One poster has "J" [no doubt Jackie] at Big Apple saying PLNI is getting slowed down responding to "many, many contacts from the SEC and other agencies." Another has Rodney saying he is unaware of any SEC inquiries. So you got me.

By the way, has there been some kind of revival of fax machines out there? I keep reading about pinksheets.com allegeldy getting inundated with nefarious faxblasts, but who uses a fax anymore?


 
Posted by Stock Jockey on :
 
Wow and you missed this good post as well, and Success is a fellow board member here...

By: successinstock
10 Feb 2006, 01:23 PM EST
Msg. 41462 of 41640
Jump to msg. #
OT: talked with Rodney about 2 hours ago....sorry nothing new to report....he expects that PLNI will release 2003 & 2004 in the next day or two. He indicated that 2005 results will not be done until the end of Feb at the earliest.

I asked if he knew of any SEC complaint inquiries with regards to PLNI. He said no. He told me that PLNI has a SEC attorney on staff and Apple does as well.

I asked if he could confirm PLNI going to the conference on the 23rd. He said that they were but could not tell me if Jim would present or if it would be Bill Howe.

Rodney indicated that he talks with Bill Howe often and Jim very infrequently. He said Jim is very very busy with the business.

If you want to read into this post that there are promises made, then go ahead.

He gave me the impression that things are moving forward ... and moving forward with the best interest of the company and its "long-term" shareholders in mind. He gave me the impression that the audits will be done when they are done and PLNI would be more concerned about them being all inclusive than worry about hitting specific dates for completing them.

I am long so I really am not too concerned to watch for the numbers every day/hour/minute/second. They will be done when they are done and not a minute sooner.

All this IMO....


(Voluntary Disclosure: Position- Long)
 
Posted by state780 on :
 
Well, I didn't miss that post--that's part of what I'm referring to when I say some posters say Big Apple is unaware of any SEC queries, while others (in a post I cited early today) say PLNI is being unduly slowed down by "contacts" from the "SEC and other agencies."

Anyway, it's decent DD to add that here. Just more promises from where I sit, and I will personally be more impressed when PLNI starts keeping them. I say that not out of any spite to any poster, but only because Rodney, Jackie and before them the unlamented Matt Maguire are always saying things are moving forward.

But that's JMHO.
 
Posted by state780 on :
 
I'm not aware of anyone saying Pinksheets.com shut down all of PLNI's L2s everywhere. Maybe somebody at RB implied it?

They shut them down at Pinksheets. That is what has been reported and it is accurate. I also made it clear in my earlier posts that it was still available at the Plasticon website at investor relations.

I did contact Pinksheets earlier in the week. I asked in a very neutral way why they shut down the L2s on their site. They said nothing about fax blasts or irate callers, though if they got any, good for them--PLNI needs to have its feet put to the fire. What they said to me was similar to what other posters reported. They told me they noticed heavy promotion of the stock, and could not find adequate public information about it. The areas where they want information include issuing shares and financial information. Certainly things any wise investor or trader would want to know, so again, good for them.
 
Posted by state780 on :
 
Oh, and thanks for the clarification of the close--3.51% down is correct. My mistake, apologies.
 
Posted by Stock Jockey on :
 
I don't make the news I REPORT it... [Big Grin] [Wink]
 
Posted by successinstock on :
 
thanks for "reporting" the full post and not bits and pieces that fit agendas
 
Posted by StockHunter on :
 
After a brief pause, the Red Flags are popping up again. First we see the Green Baron with more hypebole like "the 'mother of all moves up' is still in front of us." This, on a day that VFIN resumed aggressively selling the stock from the open until just before the close. Remember, the Green Baron is paid (primarily in stock) to promote Plasticon's stock. As I have pointed out in earlier posts, the *overwhelming* number of stocks the Green Baron has promoted over the past few years have lost most or all of their value over time. These promotions and the VFIN selling are not unrelated.

Now we see they are paying Money TV again for more exposure to promote their stock (not their products). They charge up to $17,250.00 which translates to only 3 million shares. VFIN covered that many times over today alone. Given the amount of stock buying a small cap conference can generate, it looks like a reasonable investment for them. For shareholders it likely means much more dilution than the 3 million shares the conference would cost. They are still marketing their shares. Major Red Flag.

Pinksheets shut down the L2s precisely because of this kind of activity. They are promoting their shares, yet have not delivered on any financials, or explained the intentionally misleading statements made in PRs, or the reason for the massive dilution of their shares. PS has a long history dealing with over 4500 penny stocks. They've seen a lot of questionable behavior and have policies in place to help protect shareholders when these behaviors materialize. Some have complained about PS being informed of the companies promotional activities and PRs. With about 4700 stocks to monitor, how else would one expect them to find out about the promotions? I have had many discussions with them. I have found them to be very professional and responsible people. They did not shut down the L2s because of the volume of calls or faxes. They shut them down because the company promotes its stock with misleading PRs and a lack of adequate financial information. Plus, the company told them they would rectify the situation and so far has not done so. I can tell you from my conversations with them back in early November that they gave the company a great deal of leeway then, and again this time. Had the company actually delivered the information they said they would, the L2s would still be up.

I spent some time today skimming through this thread from the beginning. I would recommend that all newbies as well as the old timers do the same. It really is eye opening. The same or similar information is interpreted differently by different people, and the same story lines keep repeating themselves. For anyone wondering how to interpret the conflicting reports of what BAC and Pinksheets have conveyed to people, the history provides a good guide. The september 13th-14th period provides an example of how either BAC plays different callers differently or how the same info is interpreted to meet one's biases. Starting October 28th the comments regarding the revelation that the company quietly increased the A/S to 5 billion is very useful. Plus look at how BAC and Green Baron dealt with the situation. They played us pretty good back then so their current statements should be put into that context.

Helpful tip to reading the long thread. Go to the bottom of the thread's page and hit "Printer-friendly view of this topic" in the lower left corner(below "POST NEW TOPIC"). You will get the entire thread on one page(takes a moment to load). This allows easy chronological scrolling, plus you can do the EDIT - FIND - "enter term" to search by keywords through the document. If you're confused by the current talk of an imminent financials and uplisting, etc... a look through the history should be very helpful.
 
Posted by state780 on :
 
Sheesh. I've been using this board for almost a year, and I never knew about that "printer-friendly" trick.

Excellent summation. Key word of the moment: Roullette.
 
Posted by BuyTex on :
 
that is a good tip: great for searching a thread
 
Posted by StockHunter on :
 
quote:
Originally posted by BuyTex:
that is a good tip: great for searching a thread

Yeah, found it by accident when googling some key words, then worked back to the page link.

I have been looking for a way to get this kind of view on iHub, SI, and RB, but with no luck. If anyone knows how to get a single page view on those boards please PM me. The way those other forums work now with the single msg links, its just not worth the bother for someone with limited time for such things.
 
Posted by Stock Jockey on :
 
Good post from Nez on the RB board.

*** UPDATE***
This might have already been discussed but I feel exactly the same way and go further than it does with regard to possible scenarios, if this is something that drags out longer, we will still be there with our current # of shares and possibly more. I say this with the hope that any more missed "deadlines" will cause a sell off and we will be ready to take advantage of such an event.
Following is an update, that I'm not certain was paid for as there was no advertisement of it and companies that pay for this type of thing usually want a large readership.
Anyway this came out on Friday, February 10, 2006. I missed it until my wife found it buried at the end of Green Barron's site, leading to believe that this was posted for Green Barrons use to point to their record. As I said my wife and I feel the same and even a bit stronger as far as confidence in PLNI:
-----------------------------------------------------------
The Green Baron Report
Latest Report (scroll to bottom)
Friday, February 10, 2006

February Focus Stock Pick Update
The Green Baron Report simply wanted to let our members know that we still think Plasticon will be a success, and that PLNI stock is likely nearing another short-term bottom. The last time we felt PLNI was ripe for accumulation at the end of December, the stock rallied from .0039 to .0109 in about three weeks. Although we believe PLNI could continue to churn around at prices near today’s close of .0057 per share for another week or two, we think the “mother of all moves up” is still in front of us.

We have faith in CEO Jim Turek and his smart acquisitions of Pro Mold and Semco Manufacturing for Plasticon. However, the Company’s failure to produce a completed audit in January has sent the shares down from recent highs and put doubt whether it will even come. Shareholders ought to rejoice if the delay is short and the audit can be completed in February. A signed audit would likely generate a domino effect of positive developments. Our suggestion is to hang tough.
----------------------------------------------------------
Just for what it is worth and of course, IMHO, but I think regardless of whether it was paid for or not, it is accurate and in line with my feelings and we will be handling PLNI the same. JMHO, we have not even seen the beginning of the success of PLNI. No one is in JT's head and this company is operating in a relatively new environment, with new and stricter requirements. I would rather hear and suffer the frustration of missed dates than hear "we didn't pay enough attention to the new rules and regulations that now exist and therefore, altough we had a good idea, we weren't able to stay the course, one which is far more challenging to start out under." Nez


(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Buy)
 
Posted by Stock Jockey on :
 
Worth a repost. Could we see these financials this week? I certainly hope so.

I called Pink Sheets to get a handle on this he said she said stuff. The person there conveyed to me that the L2 qoutes being blocked on their site was in response to a barrage of calls and faxes demanding disclosure per the Pink Sheet policy. The allegations made by way of fax and callers was a Major Pr campaign had been conducted and no disclosure to tie up previous claims made in earlier pr's.
The so called major pr campaign is listed below.

The Pink Sheets have NO authority to shut down L2 quotes or trading by any company as observed in folks that subscribe to services like Alpha trade and others. As I understand it Pink Sheets is a private company that runs the L2's on their sight on a fee basis so they are able to pull any companies quotes on their own site.

My understanding is that financial info was sent to them and this has been declined by them. The information requested is nothing less than a 10k due to the high volume of corespondance by groups of (NON)investors. ???? Kinda makes one go hmmmmmmmmmmmmmmmmmm.

Apparently Plasticon is completing paperwork for the SEC filings and will submit those to the SEC prior to the PS and then to the PS. At that time the folks at PS assure me that they will then again quote the stock on their site.

I asked the person I spoke with "Is this removal of L2's a standard response to pinks with no financials published?". The answer was not necessarily. We have many non reporting stocks quoted. It only comes into play when it is BROUGHT TO OUR ATTENTION with a HIGH VOLUME of inquiries as to our listing policy on a particular security . Hmmmmmm This high volume stinks of Stock Manipulation to me.

I think it is a great thing that we will get the disclosure we all want. IMO, I think it is akin to an Armed Robbery as to how it was conducted by outside influences.

It is all up to Plasticon now, however should we see the 10k IMO the plan as stated in prior pr's will be in play. GL

• Plasticon Announces That SEMCO's System Is Selected and Specified for Department of Transportation Surfacing Contract
Market Wire (Mon, Jan 30)
• Plasticon International to Launch Marketing Campaign for SEMCO in February
Market Wire (Fri, Jan 27)
• SEMCO Announces McCarren International Airport Surfacing Contract
Market Wire (Wed, Jan 25)
• Plasticon International Recent Media Coverage
Market Wire (Tue, Jan 24)
• SEMCO Chosen as Surfacing Vendor by Contractor for Apple Computer Japan Headquarters
Market Wire (Mon, Jan 23)
• Plasticon's SEMCO Acquisition Announcement to Appear in Investor's Business Daily (IBD)
Market Wire (Fri, Jan 20)
• Plasticon Completes SEMCO Acquisition
Market Wire (Thu, Jan 19)
 
Posted by Stock Jockey on :
 
Successinstock brought this to the RB board attention, from a post at IH.

Posted by: integrity1st
In reply to: None Date:2/10/2006 10:39:43 PM
Post #of 8154

The following is from The Green Baron small print disclosures,actually, this is probably a good thing, they put their money where their mouth is:

"We have received 18,500,000 shares of free trading common stock from a consultant of Plasticon International, Inc. (PLNI); Evergreen Marketing acquired an additional 10,849,829 shares of PLNI through private market purchase and finders fees. Evergreen Marketing partners acquired a total of 9,993,106 through private market purchases. We have also funded the company an additional $100,000 through a private purchase of shares. We invested another $50,000 US through a private purchase transaction. We have purchased an additional $120,000 US of PLNI through a private transaction in January 2006"

http://xxx.the green baron.xxx/Disclaimer.htm
 
Posted by state780 on :
 
The person I communicated with at pinksheets didn't make any allegations about faxblast or email campaign. If anyone was asking about PLNI's latest promotional campaign, which included a promise by January for an update on the share reduction and audit, good for them, that's a reasonable request, especially in the absence of any explanation for the latest dilution bomb.

When I asked why the L2s were suspended at the pinksheets site, the pinksheets representative informed me via email it was because pinksheets had noticed a high amount of promotional activities and pinksheets couldn't find adequate public information about the stock.
 
Posted by StockHunter on :
 
The green baron disclosure regarding their "purchase" of $120,000 worth of stock in a "private transaction" is just spin, IMO. Typically, these transactions involve the company giving a consultant stock for free or a nominal fee. The consultant sells the stock (through VFIN?) then forwards the proceeds back to the company, less a consulting fee, of course.

Its just more dilution with fancy wording. Kind of like "retired shares", "awaiting SEC approval",
"share reduction program", etc... Same old, same old. An indication of how much one can trust the Green Baron is to look at their focus stock picks performance page. They list the stock, the date it was recommended, then the high price since the recommendation. Well, nobody sells the exact high and it is a ridiculious way to bias the results. Their recent picks hit their high on the very day they were recommended (no doubt due to the recommendation) and fell considerably from there. It is very unlikely anyone bought at the recommendation price, but more likely chased it up with everyone else reading the recommendation. These guys are paid touts and look out for their own interests. Their record frankly sucks.

Good tip for reading anything from a biased source, whether an advertisement, PR, or a newspaper article -- read the end of the article first, then start from the top. The ugly stuff they have to include is usually stuck in the back. That's where the "awaiting SEC approval" comes in a PR. Its where the share ownership and ability to sell while promoting stuff comes in Green Baron, etc... GB has 39 parts to its disclaimer and the 'stock for tout' stuff is listed 39th. No coincidence.

Green Baron, Money TV, Steve Crowley's radio show, Wall Street News Alert, Microcap conferences, etc... -- when a company shows up at one of these venues it means they are marketing their shares. The record of the stocks that show up on these venues is terrible. Its not news, its paid company promotion. Buyer beware.
 
Posted by BuyTex on :
 
quote:
The consultant sells the stock . . . then forwards the proceeds back to the company, less a consulting fee, of course.
I've wondered about that...

Is that a legal loophole, or an out and out kickback when that happens? Wouldn't surprise me if that goes on allllll the time, eh?
 
Posted by StockHunter on :
 
I can't see anything illegal except perhaps in the language used to describe the transaction. We already know the touts and consultants receive shares for services all the time. These pinks can also sell shares at a discount in "private" transactions. Marry the two and you have a conduit for selling your shares. By sharing the proceeds with a professional(and I use the term loosely) consultant, the consultant will try and get the best price possible instead of reckless dumping.

The only questionable part is the language used to describe the transaction. There was a good description of this on one of the penny stock DD pages, maybe the SEC site. If I find it again I'll repost later.
 
Posted by BuyTex on :
 
well, my thinking is this...company gets proceeds from IPO placement, or subsequent placement with broker/dealer/MM firm--and that's usually following an increase in AS (right?)...

Otherwise, individuals/insiders can sell (per regs), but then the proceeds are theirs...

So the situation you describe seems to me to circumvent the "transparency" of means for company to profit...oughta trip a trigger somewhere...

ya, I still have naivety left... [Roll Eyes]
 
Posted by Stock Jockey on :
 
Well, welcome back to our AS tag team BDS (Bash, Distort and Slander).

I'll start with state.
First of all the few questions you asked the Pink Sheet representative is no more valid than the ones I asked. I happen to ask more detailed and thorough questions!

If you think for one second that the PS people look for companies that are promoting there product with no results you're are sadly mistaken. Pink Sheets is a FEE BASED LISTING SERVICE.. There are Hundreds of stocks that do not have L2's quoted. They post the pr's directly on their website and companies are not held to the high standards you profess are out there. This was not a suprise to the Pink Sheet company that there was a pr campaign going on with PLNI. I don't care what field you look at, NO ONE takes a proactive roll to sniff out alleged trouble UNTILL it is brought to their attention in a large way! If that was the true case... expose' shows like 20/20 wouldn't exist.

And your dilution bomb statement is a joke! You want to see dilution, go look at the sudden explosion in the QBID os from 1.2 billion to 350 billion.

Now for stock hunter.
You are a fear mongering distortist! You have no proof of ANY of the statements you just posted. If you did you would have posted it here!

Out of 39 stocks profiled in the 4 years of data The Green Baron listed, 33 1/3% are still in the Green. I'm not sure about your stock potfolio but I'll guarantee your record isn't that good.

I took this to the next level and took a random sampling of high profile stocks and looked how they did in the past year. Companies like IBM, EBAY, Yahoo, GOOG, GE, MRK, PH and a dozen or so others and found that most are DOWN OR FLAT. Very few of these companies actually had a rise in pps or maintained a higher pps throughout the year. In addition to this, I observed numerous pr's on any given day for all these companies through various news sources.

Should Plasticon file their numbers with the SEC and continue with their stated plan you will be Guilty of a well orchestrated SMEAR and Slander Campaign against Plasticon, their Informational sponsors like the Green Baron and board members all over the internet. Fair and balanced you are NOT.

The only Caveat Emptor here should be towards your and states constant negative comments. There is an agenda for you Non Stock Holders being here and IMO it's NO GOOD.
 
Posted by ed19363 on :
 
All I need to know about Green Baron is that they picked CMKX as their "stock play of a lifetime".
To me they are just pump and dump specialists, no more no less. I have to wonder which stocks they would pick if they weren't PAID to pick them.
 
Posted by StockHunter on :
 
Their record speaks for itself. These quotes come from Green Baron updates reported on this thread since August. My personal favorite is from November 3, 2005 when they "clear up" the "false rumor" of an increase in shares.
================

August 25, 2005
Plasticon remains one of our favorite long term stock plays. Although an audit to bring its shares to a better trading market has taken longer than expected, the Company appears to be aggressively trying to make it happen. Its CEO Jim Turek seems to really have shareholder interest in mind in this latest press release. Our conversations with the Company indicate that a significant reduction in the total outstanding shares from two billion to a much lower number will be activated without a split.

Technically, PLNI needs to break .02 per share on big volume to signal a new break out. The stock has struggled now three times to pierce this resistance. The Green Baron Report remains convinced that it’s just a matter of time before this happens. In the meantime, we continue to believe PLNI is a great buy on pullbacks.

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

September 20, 2005
Tonight at 8:00 pm EST, our Editor in Chief of The Green Baron Report and the President of Evergreen Marketing, Inc. will discuss our May Focus Stock Plasticon International (PLNI) in greater detail at www.machcobra.com. There is no cost to register, but you may need to download the latest version of Flash Player that is available as a link on the new registration page. Also, in order to ask questions, you will need an internet based microphone.

We have invited Plasticon’s lead consultant, Bill Howe, to participate on the chat. He has agreed to join, and says this is the most exciting time in Plasticon’s history to be involved. If you have ever even thought about buying PLNI stock, this is a discussion you will not want to miss. For those that can not listen in, please read our update on PLNI below and we think you will begin to understand why we believe PLNI is ready to rock.

[Remember: this is the webcast where "technical difficulties" prevented us from asking questions. They then proceeded to ask fluff questions to produce another infomercial].

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

September 23, 2005
The Green Baron Report is officially calling the shot on PLNI right now. We know we put out a Trader’s Corner update on PLNI about two weeks ago with the stock trading at about .014 per share and we were a little early to the party. Instead of picking a new penny stock pick for our members as we had hoped for the month of September, we are making Plasticon Intl (PLNI) our penny pick at today’s close of .0118 per share.

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

September 27, 2005
Green Baron calls Plasticon a “Hurricane Reconstruction Stock”

For those that might have missed our report last Friday, we believe this bears repeating … “Instead of picking a new penny stock pick for our members as we had hoped for the month of September, we are making Plasticon Intl (PLNI) our penny pick at today’s close of .0118 per share.” The Green Baron Report is confident we will see a move of at least 50 to 100% over the next 30 days, and likely much more by year end. PLNI closed trading yesterday at just .0119 per share.

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

October 05, 2005
Now, PLNI is very close to completing its audit according to just about everyone we speak to. There is no way to predict which day it will be, but we don't think it is very far off. We know it was supposed to be close back in June, but we are confident we are much closer now (perhaps within days). We also believe PLNI will close its purchase of Semco, Inc. very soon. Once the audit is completed and Semco is bought, we believe it will take about 6-8 weeks for the Bulletin Board listing. We have said we think the stock will make a big move over the next several weeks, and we still do, but by year end this stock could be sky high!

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

November 03, 2005
Urgent Need to Clear Up a False Rumor

It appears there are rumors circulating that may be causing the major drop in PLNI shares over the past four days. The Company has stated to us that the total issued and outstanding for Plasticon has never surpassed two billion shares. Apparently, Plasticon increased its authorized share count recently to five billion shares, but Jim Turek and Bill Howe have assured us it has not issued any of these new shares to date and may never do so. The rumors may stem from some people assuming the Company had already issued all those shares into the market.

In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares. In fact, Jim Turek stated it is the intention of the Company to still reduce the number of shares outstanding and that Plasticon has a very interesting and creative reason for the increase in its authorized count that shareholders will likely applaud. Please contact Plasticon International directly for more details.

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

January 19, 2006
The Green Baron Report has learned that Investor’s Business Daily will be printing this press release in the Corporate News section of its Friday and Weekend editions. A massive investing audience will soon be alerted to this major press release and the potential of Plasticon. We wanted members of The Green Baron Report to be of the first to read this news. It is information like this that separates The Green Baron Report from the rest.


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

January 23, 2006
PLNI stock rallied to close the week at .0075 per share on active volume following news that SEMCO had been acquired. The Green Baron Report is thrilled to see that this deal has been consummated, and contracts are starting to flow. Plasticon is beginning to fulfill its promises from last year one by one, and we see investors are gaining confidence once again. Each press release ought to eliminate prior concerns, and PLNI stock may finally have the chance to break out to levels we originally had forecast.

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

January 30, 2006
The Green Baron Report is thrilled to see Plasticon deliver on its vision for the future. We have been believers in this Company for almost a year now and it is very gratifying to see a dream come true.

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

February 10, 2006
we think the “mother of all moves up” is still in front of us.

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

From the GB Disclaimer Page:
"We may sell our shares at any time, without notice, be that before, during or immediately after the release of this material."
"These positions may be liquidated, without prior notification, even after we have made positive comments regarding these companies."
 
Posted by BuyTex on :
 
quote:
Originally posted by StockHunter:
Their record speaks for itself. These quotes come from Green Baron updates reported on this thread since August. My personal favorite is from November 3, 2005 when they "clear up" the "false rumor" of an increase in shares.
================

August 25, 2005
Plasticon remains one of our favorite long term stock plays. Although an audit to bring its shares to a better trading market has taken longer than expected, the Company appears to be aggressively trying to make it happen. Its CEO Jim Turek seems to really have shareholder interest in mind in this latest press release. Our conversations with the Company indicate that a significant reduction in the total outstanding shares from two billion to a much lower number will be activated without a split.

Technically, PLNI needs to break .02 per share on big volume to signal a new break out. The stock has struggled now three times to pierce this resistance. The Green Baron Report remains convinced that it’s just a matter of time before this happens. In the meantime, we continue to believe PLNI is a great buy on pullbacks.

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

September 20, 2005
Tonight at 8:00 pm EST, our Editor in Chief of The Green Baron Report and the President of Evergreen Marketing, Inc. will discuss our May Focus Stock Plasticon International (PLNI) in greater detail at www.machcobra.com. There is no cost to register, but you may need to download the latest version of Flash Player that is available as a link on the new registration page. Also, in order to ask questions, you will need an internet based microphone.

We have invited Plasticon’s lead consultant, Bill Howe, to participate on the chat. He has agreed to join, and says this is the most exciting time in Plasticon’s history to be involved. If you have ever even thought about buying PLNI stock, this is a discussion you will not want to miss. For those that can not listen in, please read our update on PLNI below and we think you will begin to understand why we believe PLNI is ready to rock.

[Remember: this is the webcast where "technical difficulties" prevented us from asking questions. They then proceeded to ask fluff questions to produce another infomercial].

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

September 23, 2005
The Green Baron Report is officially calling the shot on PLNI right now. We know we put out a Trader’s Corner update on PLNI about two weeks ago with the stock trading at about .014 per share and we were a little early to the party. Instead of picking a new penny stock pick for our members as we had hoped for the month of September, we are making Plasticon Intl (PLNI) our penny pick at today’s close of .0118 per share.

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

September 27, 2005
Green Baron calls Plasticon a “Hurricane Reconstruction Stock”

For those that might have missed our report last Friday, we believe this bears repeating … “Instead of picking a new penny stock pick for our members as we had hoped for the month of September, we are making Plasticon Intl (PLNI) our penny pick at today’s close of .0118 per share.” The Green Baron Report is confident we will see a move of at least 50 to 100% over the next 30 days, and likely much more by year end. PLNI closed trading yesterday at just .0119 per share.

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

October 05, 2005
Now, PLNI is very close to completing its audit according to just about everyone we speak to. There is no way to predict which day it will be, but we don't think it is very far off. We know it was supposed to be close back in June, but we are confident we are much closer now (perhaps within days). We also believe PLNI will close its purchase of Semco, Inc. very soon. Once the audit is completed and Semco is bought, we believe it will take about 6-8 weeks for the Bulletin Board listing. We have said we think the stock will make a big move over the next several weeks, and we still do, but by year end this stock could be sky high!

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

November 03, 2005
Urgent Need to Clear Up a False Rumor

It appears there are rumors circulating that may be causing the major drop in PLNI shares over the past four days. The Company has stated to us that the total issued and outstanding for Plasticon has never surpassed two billion shares. Apparently, Plasticon increased its authorized share count recently to five billion shares, but Jim Turek and Bill Howe have assured us it has not issued any of these new shares to date and may never do so. The rumors may stem from some people assuming the Company had already issued all those shares into the market.

In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares. In fact, Jim Turek stated it is the intention of the Company to still reduce the number of shares outstanding and that Plasticon has a very interesting and creative reason for the increase in its authorized count that shareholders will likely applaud. Please contact Plasticon International directly for more details.

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

January 19, 2006
The Green Baron Report has learned that Investor’s Business Daily will be printing this press release in the Corporate News section of its Friday and Weekend editions. A massive investing audience will soon be alerted to this major press release and the potential of Plasticon. We wanted members of The Green Baron Report to be of the first to read this news. It is information like this that separates The Green Baron Report from the rest.


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

January 23, 2006
PLNI stock rallied to close the week at .0075 per share on active volume following news that SEMCO had been acquired. The Green Baron Report is thrilled to see that this deal has been consummated, and contracts are starting to flow. Plasticon is beginning to fulfill its promises from last year one by one, and we see investors are gaining confidence once again. Each press release ought to eliminate prior concerns, and PLNI stock may finally have the chance to break out to levels we originally had forecast.

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

January 30, 2006
The Green Baron Report is thrilled to see Plasticon deliver on its vision for the future. We have been believers in this Company for almost a year now and it is very gratifying to see a dream come true.

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

February 10, 2006
we think the “mother of all moves up” is still in front of us.

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

From the GB Disclaimer Page:
"We may sell our shares at any time, without notice, be that before, during or immediately after the release of this material."
"These positions may be liquidated, without prior notification, even after we have made positive comments regarding these companies."

this is a valuable recap...

can "both sides" please address each "talking point" ie, those items between the "double-bars"?
 
Posted by state780 on :
 
Only if you promise not to quote the entire post when it isn't necessary, BuyTex! [Wink]

Maybe tomorrow. That's quite a March of Hype, and Nov. 03 is priceless. At this rate, pretty soon literally.

Seriously, I had forgotten all about that statement via GB "refuting" the "rumor" of increased shares. Regardless of any other pros and cons, that statement is plainly deceptive. And some of those statements include language making it seem as if PLNI owns Semco. It's so irresponsible. These are among the reasons I am so skeptical of the company--that is what Plasticon and its promoters have taught me to be.

However, it would definitely be useful to have a pro-PLNI analysis focusing on the stock and GB.

Super overview, Stock.
 
Posted by BuyTex on :
 
moi? I "over-quote"?

lawzy!! I am [Embarrassed]

actually, I attempt merely to create an authentic trail, with genuine dialog...which I know you know [Razz]

anyway, you set the parameters re "necessary" and I will comply...

unless someone gets, in Marty's term, "scwooowy" ... [Big Grin]
 
Posted by state780 on :
 
"actually, I attempt merely to create an authentic trail, with genuine dialog...which I know you know [Razz] "

I do, and I thank you for it. Just joshing a bit in between runs of the downhill race at the Olympics.
 
Posted by BuyTex on :
 
[Wink]
 
Posted by Chopper on :
 
I have a question in this battle of words Tex.

Quote:
can "both sides" please address each "talking point" ie, those items between the "double-bars"?

How on earth could anyone comment on a group of statements made by the Green Baron? There is really No way of knowing when all the correspondence was between Plasticon and them. Timing is everything here in the discovery of truth. I have been in business myself for years and I am very well aware of timing issues. Nothing ever seems to go as planned especially when you have outside vendors involved. All those issues pointed out would have to be addressed by the Green Baron and Plasticon. It Doesn't necessarily make any of them false or misleading without knowing the inside story.

I think SJ had several good points. I also checked behind him and saw that 33 1/3% of the Green Baron picks posted for four years were still in the green. Quite frankly I thought there would be a lower percentage. Tex, how many of your picks are still green after 4 + years? Heck I do own several large cap stocks and I'm not to happy with their performance either. Printing out the Green Baron statements and saying they are false and misleading is just not true. Unlessssss, stock hunter has insider information!

Good luck today everyone.
 
Posted by state780 on :
 
From one of the PRs:

=======
November 03, 2005
Urgent Need to Clear Up a False Rumor

It appears there are rumors circulating that may be causing the major drop in PLNI shares over the past four days. The Company has stated to us that the total issued and outstanding for Plasticon has never surpassed two billion shares. Apparently, Plasticon increased its authorized share count recently to five billion shares, but Jim Turek and Bill Howe have assured us it has not issued any of these new shares to date and may never do so. The rumors may stem from some people assuming the Company had already issued all those shares into the market.

In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares. In fact, Jim Turek stated it is the intention of the Company to still reduce the number of shares outstanding and that Plasticon has a very interesting and creative reason for the increase in its authorized count that shareholders will likely applaud. Please contact Plasticon International directly for more details.
==========
There's no good way I can think of to interpret this, to take one example. Either Turek misled the Green Baron, which guts the credibility of anything else GB says. Or worse (much worse) they knew Turek was diluting shares, and we still can't rely on the GB and/or Turek.

Reading over those PRs, my conclusion is GB has been proven to be useless as a reliable indicator of news or achievement of goals by PLNI. They relay the same promises that haven't been kept. And they have aided in the deception I believe has been practiced by the company, with statements such as those from Jan. 23: "PLNI stock rallied to close the week at .0075 per share on active volume following news that SEMCO had been acquired. The Green Baron Report is thrilled to see that this deal has been consummated, and contracts are starting to flow." The deal has not been consummated. And we have no idea of the value of the contracts "starting to flow" at Semco, whose value in any case doesn't yet accrue to PLNI.

None of this should be too surprising to the extent GB is a paid promoter (finally--we found one!). But in theory, you can still be a paid promoter and still relay accurate information about a company. With PLNI, GB hasn't satisfied even that desire.

(P.S. The last line in that PR is rich--Please contact Plasticon for more details. As if!)
 
Posted by Chopper on :
 
You proved my last post state. It is speculation on your part as to the timing of the how, why and when. Doesn't make what they said wrong and what you accuse them of right.

I'll give you a B for effort though. [Wink]
 
Posted by state780 on :
 
Well, if GB's repeated mis-steps can be blamed on "timing," then GB, on this stock at least, is incompetent at best.

The only benefit I can think of is that they are a reliable indicator of what PLNI is telling the world. And the majority of what PLNI tells the world breaks down into two categories: Statements that are misleading (claiming "media interest" is high when they publish ads) and other statements that are simply false (Semco and Promold have been acquired). All of PLNI's statements about the share count, as reliably repeated by GB, are misleading as well, unless one believes there is something meaningful about the "intention" to reduce shares when the share count has exploded over the past year.

There might be another way to use statements from PLNI and GB: Opposite Land. If they say the count is down, it's probably up. If they say two companies have been acquired, they probably haven't. Et cetera.

The track record is pretty grim.
 
Posted by Bearclaw on :
 
Chopper...
You have to understand that by debating with Stockhunter and State you are playing into the Worms plans...These guys are in bed with the Worm ...His website has beeen hammering away at PLNI relentlessly...Both of these guys are getting their information from the Worm...The Worm is their boss...


quote:
Originally posted by Chopper:
You proved my last post state. It is speculation on your part as to the timing of the how, why and when. Doesn't make what they said wrong and what you accuse them of right.

I'll give you a B for effort though. [Wink]


 
Posted by StockHunter on :
 
Very rational analysis, as usual, State.

November 03, 2005
"In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares."

What timing issue? Either GB lied and did not talk to JT and BH "last night". Or "last night" JT and BH, at best,misled the GB to believe they said the o/s was still 2.0 billion when actually they did not say that. If they misunderstood that conversation to that degree, then they are truly incompetent. Perhaps, and some here will never be willing to accept this regardless of the evidence, JT and BH actually told GB what they reported was said and knew this incorrect information would be posted to the public - free from legal responsibility as would be the case with a PR.

It amazes me that some would still try to make excuses for these obvious abuses of investor trust.
 
Posted by Bearclaw on :
 
More possible insider information recieved by Stockhunter from the Worm...Below...Same as having insider information concerning the new share count...long before it became public..


quote:
Originally posted by StockHunter:

A note of caution regarding swing trading this stock. The level of discontent and feedback to the regulatory authorities is very high, even for a pink. Given the degree and magnitude of deceptive behavior from this company, there is a real risk that on any give day the SEC could order a 10 day trading halt. Where it would open after that is anybody's guess. It would only be good if the full airing of the facts produces a positive outlook. That is far from certain. So anyone buying for a swing needs to ask whether they could afford to be without those funds for a couple weeks.


 
Posted by state780 on :
 
Good to repost that old Stockhunter warning--newbies especially need to be aware of posters around the boards saying they have complained to regulatory authorities. And other board participants with less than perfect memories may not recall that Stockhunter, for months, was cautioning fellow traders about the likelihood of more dilution, based on publicly available information including--old-timers will remember this--VFIN being camped out on the ask seemingly forever.

Good reminders.

One interesting feature about posters saying they have complained to regulatory authorities--there are two different versions of Big Apple's reaction. One is that Jackie said something about the audit being slowed down by many contacts "from the SEC and other agencies." Alternately, Rodney has been cited as saying he is unaware of any contact from the SEC.

Anyway I report, y'all decide--though I'll make my own inferences, labled as such.
 
Posted by Stock Jockey on :
 
Are you 2 Lemmings done patting each other on the back? Hahahahahahahahahahahahahaha I'm rolling...

Man you and stock hunter are funny to read your posts Praising each other state. Like watching Ralph and Norton in the Honeymooners. Two comedians professing to be professional traders and the saviors to PLNI shareholders. I think the newbies can read the thread now, so you guys are excused.

Toooo funny, thanks for the laughs! Really !!!!
 
Posted by Grynder on :
 
Nothing funny about the facts. Good post's, good DD and good opinions.

Thanx State and Hunter !
 
Posted by Stock Jockey on :
 
Good Night


You got one thing right.... they're all just OPINIONS.
 
Posted by hopefultrader on :
 
Wow, pretty quiet. Does anyone think this will budge with the Small Cap Expo tomorrow?
 
Posted by Murnak on :
 
one would think they would have everything together to make a great impression this week and next!

of course I thought they wouldn't want to go as a sub-penny! go figure...........
 
Posted by state780 on :
 
It'll be very interesting to see if there's any movement either way. The latest date for releasing info on any financials (the 14th, as reported by posters calling Jackie at Big Apple and touted by longs at RB) has come and gone, no big surprise there. The L2 feed at pinksheets.com is still down; at the PLNI website, it's still up. I've noticed that it's been a long time since PLNI said in a PR it was profitable, and wonder whether they are trying to legitimately show a profit in 03 or 04 financials (more likely 04) to obscure 05 losses. But that's all speculation, without a doubt.

In short tomorrow could be interesting. I don't know what value PLNI would generate from showing up at a conference, even a paid tout conference, with no financials to show and your L2s suspended from the website of a pinksheet quotation service company.

Is there a Q&A section during this conference? Absent new good news, they're taking a risk if someone who really knows the recent history of this company shows up.
 
Posted by Bearclaw on :
 
You mean if a Worm Cherub shows up? The bash brothers hahahaha
 
Posted by Stock Jockey on :
 
If you had even bothered to call Big Apple state, any of the dates they give are approximate dates only. Call them and ask for yourself rather than trying to bash the stock at every chance you get. Nobody touted squat.

None of us have a clue what is going on behind the scenes, so it is rather presumptuous on your part to find the worst in everything.
 
Posted by state780 on :
 
If I had called and gotten Jackie, I would have gotten the same information she gave other people. If I'd gotten Rodney, I might have gotten something else--who knows.

Think I reported that whole sequence accurately. It would be another incompetent-at-best moment. That doesn't foreclose good things happening in the future, but one would think PLNI of all companies would be wary about saying anything more that can't be backed up.

GLTA.
 
Posted by FatherOfTwo on :
 
For those wondering where I have been, I am on business travel in jacksonville, fl this week and going to Orlando week after next. Between work and evening classes, I have been completely left with no free time.... anyway,

I have read the last couple pages, and can't believe the info being put out there......

for those that aren't invested here... bugger off!

For everyone else, I am looking for a nice rise to come very soon, just in looking at the technicals on the chart.

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[m,a]daclyyay[pb50!d20,2][vc60][iLl14!La12,26,9]&pref=G

the MACD has bottomed out and appears to be picking back up. The stochs have crossed and are diverging positive. The Williams%R is oversold and is kissing the oversold line. the wildersDMI is about to cross green over red.

FWIW, IMHO, I believe that an easy 60-100% increase will occur in the next 3-5 trading days. Watch for a volume increase to begin tomorrow and Friday, with continuation into next week.

GLTYA
 
Posted by BuyTex on :
 
FoT,

you been gone?

[Razz]
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by BuyTex:
FoT,

you been gone?

[Razz]

I guess nobody noticed..... [Frown]
j/k
 
Posted by BuyTex on :
 
It's all good...
 
Posted by DQ. on :
 
Just checking back in. I'm amazed to see the PPS over.005 still. With the O/S now I felt this would be at .002 by now. I'll keep checking and get back in later on the drop.
Good Luck to those still in.
Later.
 
Posted by Double Diamond on :
 
http://www.investors.com/corporatenews/nw111.asp?v=2/15
 
Posted by state780 on :
 
Not going anywhere FOT, but gee it's nice to see you too.
 
Posted by state780 on :
 
Today PLNI traders are watching for any news out of that promotional Small Cap Expo put on by Money TV. No PRs came out at 8:30 or 9 a.m. (rarely, but sometimes, they have come out at 9). One poster at RB notes that the conference runs from 11 am to 7 pm, so perhaps a PR would be timed for that. L2 feed still down at pinksheets.com, still up at PLNI.
 
Posted by Murnak on :
 
this is it so far......................I was hoping for more!

Google Alert for: plni

MAN OF RECYCLED PLASTIC
Investor's Business Daily (subscription) - USA
... grow.". Plasticon International, Inc. (PLNI) is a publicly traded company and is based in Lexington, Kentucky. Company information ...


http://www.investors.com/corporatenews/nw111.asp?v=2/15


----------------------------------------------------------
This as-it-happens Google Alert is brought to you by Google.
 
Posted by state780 on :
 
Interesting, Murnak. That's the same ad they started running about what, seven or eight months ago? Viewed in isolation I suppose the exposure is good. OTOH there's nothing in there about the Promold acquisition, Semco acquisition, audit, the conference they're scheduled to appear at today, etc.
 
Posted by Murnak on :
 
state I don't know what they are thinking but I agree nothing slid in there to make it different!

Maybe they have a master plan!
 
Posted by state780 on :
 
Bearclaw just hates it when optimists and skeptics treat each other with respect.

As stated many times before, I expressed doubts about dilution for many many weeks before selling, based partly on stockhunter's analysis of VFIN being camped out on the ask, and was called an idiot by Bearclaw for doing so when the price kept rising after I sold. Then it fell, and I'm some kind of insider. As if!
 
Posted by Murnak on :
 
The key seems to be "many times before" it gets old quick!

Hey, if it serves you some purpose go for it!

myself I ignore repetitive posts..............
 
Posted by state780 on :
 
Murnak, if someone repeatedly accuses me of insider trading, I really can't just let it stand there, especially with newbies zooming in. Hope that makes sense.
 
Posted by Bearclaw on :
 
Since State or Stockhunter come here almost daily professing gloom and doom before the market opens...
I figure it's OK to remind folks now and again "Who" is ringing the bell...especially if newbies are zooming in...
 
Posted by Murnak on :
 
I guess thats balance!lol

I have money to make or weather to enjoy so you both have a great day!!!!!!!!!!!!!!
 
Posted by imakmony2005 on :
 
LOOKS LIKE WERE MOVING UP.
 
Posted by imakmony2005 on :
 
Lets get this party started.
 
Posted by imakmony2005 on :
 
And the push is on... LL2s looking good here.
 
Posted by imakmony2005 on :
 
Lets just walk it up guys.Are hell just jump the ask thats always good.
 
Posted by imakmony2005 on :
 
Well im happy with what im seeing.
 
Posted by imakmony2005 on :
 
Im i missing something, this is starting to look like it could get a good run going? LL2s look good and getting better.
 
Posted by imakmony2005 on :
 
nice retrace, now come on and pop baby.
 
Posted by imakmony2005 on :
 
Here we go INCH BY INCH
 
Posted by imakmony2005 on :
 
HOLD THOSE SHARES PEOPLE.
 
Posted by imakmony2005 on :
 
MOVING UP MORE BABY STEPS, HOLD THOSE SHARES.Lets see small retace, then back in up move.
 
Posted by imakmony2005 on :
 
Looks like we might seee the .0070s SOON.
 
Posted by imakmony2005 on :
 
And on light vol.
 
Posted by imakmony2005 on :
 
start that motor boyz.
 
Posted by imakmony2005 on :
 
printing .0066s get ready for take off. LL2s just look right to me.
 
Posted by imakmony2005 on :
 
Getting thicker on the BID,MMs will step in soon.
 
Posted by Murnak on :
 
lets fill the gap!lol

http://stockcharts.com/h-sc/ui?s=PLNI&p=D&yr=0&mn=4&dy=0&id=p22361632658
 
Posted by imakmony2005 on :
 
see shake it.
 
Posted by imakmony2005 on :
 
I hear that.There gonna take it up.
 
Posted by imakmony2005 on :
 
printing .0067s, LL2s strong up trend.
 
Posted by imakmony2005 on :
 
Hold those shares, were going up.
 
Posted by state780 on :
 
ima, if you have any DD please provide it. The repetitive posts don't add anything, just clutter up the board. We can watch the L2s ourselves.
 
Posted by imakmony2005 on :
 
Gonna start printing .0070s, LL2s look great.
 
Posted by state780 on :
 
That being said, it's a nice move up, congrats to current holders. Based on what, I wonder? I don't see any news out.
 
Posted by imakmony2005 on :
 
That is my DD MAN.LL2s
 
Posted by imakmony2005 on :
 
Smoke those .0070s BRING ON .0080S
 
Posted by imakmony2005 on :
 
Someone needs shares for the news thats coming.IMHO
 
Posted by imakmony2005 on :
 
Few new MMs getting lined up, hmm
 
Posted by imakmony2005 on :
 
New push coming,lol
 
Posted by imakmony2005 on :
 
Shake the weak out. boyz
 
Posted by imakmony2005 on :
 
Nice retrace, Now lets go agian,
 
Posted by imakmony2005 on :
 
LL2s look like it may move up faster next time, come on .0080s.
 
Posted by imakmony2005 on :
 
Starting to jump the bid,
 
Posted by state780 on :
 
Imakmony spam TOS'd. I encourage others to do the same--"report post" in lower right hand corner of each post.
 
Posted by imakmony2005 on :
 
Better get your seatbelt on.Going back to the .0070s
 
Posted by buckstalker on :
 
He is getting very annoying....
 
Posted by imakmony2005 on :
 
show me where ive been wrong on this today?
 
Posted by Stock Jockey on :
 
Why would we do that state???

You mean Imakmony isn't allowed to be excited about a stock doing a little run but you can post anything negative you want over and over again? That doesn't sound to fair or balanced. Last I checked Bob Frey is the board super not you.
 
Posted by buckstalker on :
 
I didn't say wrong...I said annoying.
The play by play here is BS...can it man!
 
Posted by imakmony2005 on :
 
Hey some dont have LL2s .
 
Posted by state780 on :
 
28 nonsense posts--it's graffiti.

Congrats on the move, wonder what it's based on.
 
Posted by imakmony2005 on :
 
Looking to go into the .0070s AGIAN.
 
Posted by buckstalker on :
 
Good...I hope it runs into the pennies...but your posts are nothing but clutter...


quote:
Originally posted by imakmony2005:
Looking to go into the .0070s AGIAN.


 
Posted by imakmony2005 on :
 
Lets see LL2s look great for a break out, but i will just keep my mouth closed, sorry no i own this stock and like watching it go up, you dont? Like i said some do not have LL2s.
 
Posted by StockHunter on :
 
VFIN still holds the roadmap short term, IMO.

VFIN has been on or just below the bid for several days and above the ask. The chart has a nice base and now breaking off of it. I expected some sort of PR to go along with the conference and push the stock higher here. The rehash of the old IBD ad is a bit of a red flag though, IMO. I think they are weary of tweaking the authorities with anything that could be construed as misleading, so they are safer just repeating an old ad. The audit numbers would have been preferable, and reports out of BAC had some thinking that would be the news this week. They said there would be a Semco marketing campaign starting in Feb, but nothing there so far. Releasing the pre-blulinx audits would probably bring in a lot of buying. Plus they wouldn't have to address any of the critical actions the took in 2005 that they've worked so hard at keeping secret.

The fact that VFIN is not dumping here tells me there may be more marketing efforts over the next week, at least into the next conference the 23rd. Based on past history, it is likely VFIN will be back selling heavily into this rally by the end of next week. At what price, who knows, but when they show up the top is usually close behind.

Perhaps a confirmation of JTs busdev efforts came from his January financial report to the bankruptcy court. From posts on SI it looks like JT spent close to $4K on food last month.

http://www.siliconinvestor.com/readmsg.aspx?msgid=22169861

http://www.siliconinvestor.com/readmsg.aspx?msgid=22170058

Most of that was at restaraunts and casinos in Las Vegas. This corresponds to the big Builders conference there so these may have been meetings to schmooze new business. Why he did not expense this to PLNI I don't know, but I will give him the benefit of the doubt that these expenses were for legitimate business and not just bingeing. (If he was eating alone, they'll need a bigger ad or leave off the picture)
 
Posted by FatherOfTwo on :
 
quote:
Originally posted by state780:
28 nonsense posts--it's graffiti.

Congrats on the move, wonder what it's based on.

Move is based on the chart first.. potential news second.

as far as the play by play. Thanks. I am out of the office and don't have access to everything. I've been watching on my blackberry.

Thanks Imak!!!!!
 
Posted by state780 on :
 
Everyone has L2s. They are available to the entire planet at the plasticon website under Investor relations.

http://www.plasticonintl.com/investor_relations.html

Anyone who can post or read here can access that site.
 
Posted by imakmony2005 on :
 
FOT, Your welcome and State780 yes but can they read them?
 
Posted by imakmony2005 on :
 
Just looks to me like the LL2s say were gonna POP.
 
Posted by Bearclaw on :
 
Imaka...
State is pizzed cuz him and his cherubs who work for the "WORM" have been trying to tank this stock while accumulating cheap shares...typical bashers...

Celebrate all you like buddy and thanks for the L2 updates...I've been gone all morning...
 
Posted by state780 on :
 
you got me there--didn't know a blackberry could read a message board (which operates with a web address) but not the Plasticon L2s (which also operates on a web address). It's still graffiti, sorry. If we posted 30 Go-Team posts ever time the price moved signicantly, that period would be as legible as a garbage can.

And oh, imagine the derision I'd attract if I made posts like that on the way down! Perish the thought.
 
Posted by Bearclaw on :
 
So it's OK for State and Stockhunter to post all the bashing bull sheeet they like but not OK for an investor to celebrate hahahaha

State and stockholder claim to hold zero shares hahahahahaha...their opinions mean zero except to follow the WORMS instructions...hahahahaha
 
Posted by imakmony2005 on :
 
Here you go states a small shake for you.
 
Posted by imakmony2005 on :
 
What STATE780 isnt even in this man your gone ,What are you here for? What a joke.
 
Posted by imakmony2005 on :
 
WHAT BS.
 
Posted by imakmony2005 on :
 
LL2s still holding, No sellers and thats goood right state780. Still looks like were going to see some up movement here, but the pop is coming.
 
Posted by Bearclaw on :
 
imakamoney...
Celebrate all you like ...I own shares too and am looking for good things...IMO...

I swing trade so I like the movement when it gets going...Good luck...
 
Posted by imakmony2005 on :
 
Thanks Bearclaw, This is a very needed product and i to see BIG THINGS COMING.
 
Posted by FatherOfTwo on :
 
Today's action looks really nice... not lots of selling occurring.

The chart is really shaping up and this run should last for a number of days!

GLTYA.. back to lurking!
 
Posted by imakmony2005 on :
 
LL2s starting up agian, maybe run time state780
 
Posted by imakmony2005 on :
 
Printing .0068s and getting thin. Lets make a run BOYZ.
 
Posted by imakmony2005 on :
 
Lets get into the .0070s, some MM shifting going on.
 
Posted by Bearclaw on :
 
Don't see the volume for a significant run today...but...steady increase is fine for now...

FOT...good to see you back and lurking...
 
Posted by imakmony2005 on :
 
MMs doing the shake out.
 
Posted by imakmony2005 on :
 
Bearclaw, I must agree, But you sure dont want to get stuck with your pants down on this one. IMHO
 
Posted by Bearclaw on :
 
Nope...I got in again in the big tank a couple weeks ago...locked and loaded buddy...
 
Posted by imakmony2005 on :
 
Big vol and all will be chaseing this one.lol
 
Posted by imakmony2005 on :
 
oh no were going back up.damm lol
 
Posted by Bearclaw on :
 
imakamoney...
Check the profile of both State and Stockhunter...State only posts on PLNI and Stockhunter 99% on PLNI and HISC...both Big Apple clients...
Factor that in with they don't own any shares and what do you have?????
 
Posted by state780 on :
 
Mysterious day. Up 12%, no news, I assume linked to the expo.
 
Posted by Bearclaw on :
 
Up 12% today...I'll take it !!!!
 
Posted by FatherOfTwo on :
 
look at this..

http://stockcharts.com/def/servlet/SC.web?c=PLNI,uu[m,a]daclyyay[db][pb50!b200][vc60][iLa12,26,9!Ll14]&pref=G

anyone else notice what happens when the DMI green crosses above the red line? [Big Grin]
 
Posted by Thorn on :
 
Where does it say you can not post an opinion when you don't own any shares? Is it ok to post if you used to own shares or are considering buying in? Why is it such a dictatorship with these kinds of things? Seriously, do you really think words on a forum will move the stock positively or negatively? If so, then you are investing alongside a bunch of people who make decisions based on which way the wind is blowing, and you should find another stock to invest in. Seriously this is all bs.
 
Posted by Bearclaw on :
 
FOT...
Nice chart...geeezzzz let me think...North?
 
Posted by Bearclaw on :
 
Thorn...

Opinions are fine...by anyone...but...when there is an organized effort by another website to drive the price down...and they bring that effort here then they're fair game...If you don't like it then please just scroll past...

There was an organized effort via e-mails, phone calls, faxes to the SEC and also sent again the past 3 weeks to shut down the L2's on Pink Sheets...We know this and we know that 2 posters on this site were part of that effort...If you own shares of PLNI then that kind of activity should concern you...

This organized attack on PLNI and Turek has nothing to do with "the way the wind is blowing"
 
Posted by Double Diamond on :
 
Bearclaw,

If PLNI would be more transparant in what they do, the ongoing discussions would not be here.

I played this one, but I'm out for the time being. As long as they don't properly communicate, I'm not coming back.
 
Posted by Bearclaw on :
 
DD...
Agreed concerning the transparentcy...but this is not an ongoing discussion...

An organized attack on a Penny Company is a different issue...combine that with having access to the share count long before it became public and we have something very different...

I swing trade this stock so I'm in and out..over a period of several days or weeks...I have my own issues with PLNI similar to yours...This stock has become a whole new ballgame now...
 
Posted by state780 on :
 
Bear, I hope you enjoy your fantasies.
 
Posted by imakmony2005 on :
 
FOT,Great looking chart. BEAR WERE GOING UP. State780 what are you doing here? GAL
 
Posted by nestcrow on :
 
State, be careful not to trip on your pants chasing this thing.
 
Posted by Bearclaw on :
 
Nescrow...Welcome...Interesting stock....
good luck...

quote:
Originally posted by nestcrow:
State, be careful not to trip on your pants chasing this thing.


 
Posted by Murnak on :
 
looks like were moving!

http://stockcharts.com/h-sc/ui?s=PLNI&p=D&yr=0&mn=3&dy=0&id=p22361632658

a little more volume and we should really pop!
 
Posted by Murnak on :
 
looks like were moving!

http://stockcharts.com/h-sc/ui?s=PLNI&p=D&yr=0&mn=3&dy=0&id=p22361632658

a little more volume and we should really pop!
 
Posted by state780 on :
 
nice nudge up.
 
Posted by Murnak on :
 
May break 7 before lunch.......
The other stocks from the expo that I checked were all down!lol
 
Posted by YellowSubmarine on :
 
From the Green BAron: “President’s Day Presents – Bold Predictions on Syngas and Plasticon”

February Focus Stock Pick Update

Syngas International (BB: SYNI)

Video Slideshow Presentation Now Available through SYNI Presentation Link on our Website at www. The Green Baron .com

Members as well as the general investing public can now view a video slideshow presentation of Syngas technology through a link at the top of our home page at www. the green baron .com. The slide show presentation is much the same as what was presented to an impressed audience at the Big Hydrogen conference held last Monday. A more direct link is http://www. the green baron .com/ Presentation SYNI.htm and it may require that you Download Free PowerPoint Viewer 2003 in order to view and hear the presentation.

The Green Baron Report believes that Syngas has many similarities to another Canadian based company called Wavefront Energy (WEE.V). The share structure is very similar, and we believe one large contract could show gains like what has been seen with Wavefront http://stockcharts.com/def/servlet/SC.web?c=WEE.V. As you can see, Wavefront started at about the same price as Syngas before mounting a move to $5 per share within a four month time span.

Syngas made an impressive initial move higher following our report on Thursday, February 9 as the stock rallied strongly on near record volume from .44 to .62 per share within 24 hours. As strong as that move was, we believe it was just a warm up for the real move. In our update last Monday, we urged that “members should look for any weakness as a chance for accumulation”. The pullback on Thursday and Friday to close at .45 per share represents the perfect point for entry in our opinion.

In fact we will go one step further. The Green Baron Report believes we will see at least a 50% move higher in SYNI within 30 days from Friday’s closing price of .45 per share. Our sources indicate a few specific weak shareholders appeared in the market due to strength in SYNI over the past several trading days and used the opportunity to liquidate. We believe these sellers are nearly finished, and the strength in SYNI shares will resume very soon, and a move is further supported by the following research.

Hydrogen is critical for Alberta and the USA as the “magic ingredient” for turning oil sands bitumen into premium light oil for refineries. Currently, the hydrogen produced for the upgrading comes from natural gas, an expensive additive. Syngas has developed a novel way to address both issues. The PyStR process uses a synthetic gas produced by Syngas’ advanced gasification unit to produce the hydrogen. The Syngas gasification unit uses any low value carbonaceous material to produce the synthetic gas, and results in a cost savings of over 50% in the production of hydrogen among known sources. But that’s not all. Syngas has recently developed a method to produce hydrogen directly from the bitumen in the oil sands, eliminating the step required in producing synthetic gas and further reducing costs.

"Upgrader" plants saturate bitumen with hydrogen. The injections transform the molasses-like initial oil sands product into light synthetic crude that fetches premium prices as a replacement for dwindling reserves of conventional black gold.

It is currently estimated that up to 3kg of hydrogen are required to upgrade two tons of oil sands into one barrel of usable oil. The industry anticipates $165 billion worth of investment into the oil sands, which both Canada and the USA acknowledge will soon replace the Middle East as the number one supplier of Oil to the United States. A good portion of that investment will be made in the hydrogen necessary to mine the oil. Syngas’ new technology allows for better returns, a cleaner solution and at a much lower infrastructure cost (the building of the PyStR unit is much cheaper than conventional reformers producing hydrogen because it has no moving parts).

PyStR’s technical breakthrough raised eyebrows at the Big Hydrogen show in Calgary on February 13, 2006 that resulted in Syngas beginning dialogues with two of the largest hydrogen suppliers to the Oil Sands as well as one of the largest hydrogen suppliers in the world. The future looks very bright for this newly unveiled technology in one of the hottest sectors of the market.

Company Contact:
Syngas International Corporation
Investor Relations: 1-888-646-5611
www.syngasinternational.com.

Special Update

Plasticon Intl. (PK: PLNI)

On Friday, February 10 we reiterated our positive feelings about Plasticon, and that we thought “PLNI could continue to churn around at prices … of .0057 per share for another week or two”. We also stated that we thought the “mother of all moves up is still in front of us”.

Well, PLNI seems to have put in another short-term bottom as predicted, and the stock has begun to show signs of life right on time. Members should take a look at the recent chart pattern to better understand what we are talking about by clicking the following link: http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=plni&sid=0&o_symb=plni.

The Green Baron Report believes the stock is telling us we are once again due for a nice move up. We still believe that PLNI is the real deal, and that the Company will make good on its promises. Although there has not been much news recently to report on, we are confident that PLNI management is diligently working on major projects, its audit, and other developments that will richly reward faithful investors. Stay tuned!

.
 
Posted by state780 on :
 
Well, they gotta sell shares somehow.
 
Posted by state780 on :
 
PLNI pulled out of the Feb. 23 Arch conference presentation, rescheduling for March 23, according to the posts below. the first is from Ihub, the second, from RB:

=============
Received 9:23 AM today...PLNI not on Arch Conference Agenda!

Arch Investment Conference
Thursday February 23, 2006
Hotel Plaza Athenee
Schedule and Agenda

Featuring Guest Panelists and Co-Sponsors Josh Levine of ChangeWave, Charles Payne of Wall Street Strategies/FOXNEWS & Peter Leeds of **********.com

Breakfast and registration begin at 8:00AM!

5 Company presentations and Q&A with the panel and audience!

Presenting companies will include:
Boston Life Sciences (NASDAQ:BLSI)
China Digital Media (OTCBB:CDGT)
Ziopharm Oncology (OTCBB:ZIOP)
Hienergy Technologies (OTCBB:HIET)
ICOA, Inc. (OTCBB:ICOA)

8:00-9:00AM- Breakfast, Registration & Networking

9:00 -10:00AM - Session I
ICOA (OTCBB:ICOA)
Hienergy Technologies (OTCBB:HIET)

10:00-10:30AM - Break and Networking

10:30-12:00PM - Session II: Three Company Presentations
China Digital Media (OTCBB:CDGT)
Boston Life Sciences (NASDAQ:BLSI)
Ziopharm Oncology (OTCBB:ZIOP)

12:15 - 2:00PM - Lunch
========

Second message, RB:

=============
Arch Investments just called me back. Arman Delarouche said that PLNI canceled because of a scheduling conflict, this morning, and have re-scheduled for the March 23rd conference.
=========
 
Posted by buckstalker on :
 
Imagine That....
 
Posted by Chopper on :
 
Well some good news is that SEMCO is on the right track to updating their website. Much nicer presentation folks, looking professional. I also see that they are using this same format for their licensed distrbutors.

http://www.semcomfg.com/
 
Posted by BuyTex on :
 
OT:

Chopper, how ya doin?
 
Posted by Chopper on :
 
OT: Hey Tex... Good to see ya lerking buddy and hope you are doing well... Been a little under the weather and busy. But you know how it is.... It's all good. [Big Grin]
 
Posted by Chopper on :
 
From KG4 of 4068 on the SI board.

To: Pro_engineer who wrote (4052) 2/21/2006 7:35:06 PM
From: KG4 of 4068

Reply from SEMCO :

<<Gentlemen,


Good afternoon! All of you had similar questions regarding the recent acquisition of our company by Plasticon Intl. I can confirm this. However any additional questions and/or information about the acquisition of SEMCO Inc. by Plasticon International, Inc. you need to please contact Rodney Marvel, Investor Relations department at 866 843 2775.


I sincerely appreciate all of your interest in our company, and see a great potential of our company expanding at a rapid pace. If you require additional information about SEMCO and our Systems; I will be happy to assist you.

Best regards,


Mike McAnulty

Sales Manager

SEMCO, Inc.

3775 W. Teco Avenue, Suite #9

Las Vegas, NV 89118

Phone 702.222.9495

Fax 702.222.1788

Cell 702.429.9817>>

So, as of today, Feb 21st, 2006, SEMCO is saying they HAVE been aquired by PLNI

I look forward to more information as it comes. And from what I hear thru the grapevine by pretty darned reliable sources that are involved in this, legal issues are underway that 'pertain to certain individuals and/or entities that have 'harmed' in an illegal or misinformative manner, other entities/individuals that have.......'

I'll leave the rest of that up to the great imagination and minds of those digging their hole, to fill in the blanks...I am sure they will fill in the blanks with some pretty good stuff.....LONGS...at this point, my rec is to let these people post, say and do as they are.....If they think nobody is paying attention all I can say is keep watching.

Can you guys say "c'mon bubba, let me have at least one night of restful sleep"??

If not, some of yall may wish to get aquainted with Bubba and our legal system, even if you claim to live outside of U.S.

All my opinion of course.

For the record...My records are OPEN for the SEC or any other angency to look at. No warrant needed. I will GLADLY show my personal records.......hope some of you can say the same.....
 
Posted by state780 on :
 
It awaits SEC approval--for reasons we still do not know.
 
Posted by nestcrow on :
 
Good post chopper. Thanks.
 
Posted by Bearclaw on :
 
Chopper...
Good post...glad to see Elliot Ness and the Feds are involved. I would hope they take swift action.
 
Posted by nestcrow on :
 
Looks like active pre-market this morning.
 
Posted by Murnak on :
 
February 22, 2006 (FinancialWire) Plasticon International (OTC: PLNI) and Ziopharm Oncology (OTCBB: ZIOP) are scheduled to present at the second of the 2006 series of Arch Investment Conferences co-sponsored by Investrend Forums and webcast by Investrend Broadcast. The conference will be held February 23 at the Hotel Plaza Athenee, 37 East 64th Street, New York City.

February 22, 2006 (FinancialWire) Plasticon International (OTC: PLNI) and Ziopharm Oncology (OTCBB: ZIOP) are scheduled to present at the second of the 2006 series of Arch Investment Conferences co-sponsored by Investrend Forums and webcast by Investrend Broadcast. The conference will be held February 23 at the Hotel Plaza Athenee, 37 East 64th Street, New York City.

Six companies present at each of the Arch Small Cap Investment Conferences (http://www.archconferences.com). If interested in participating, write contact*investrend.com or click on http://www.investrend.com/contact.asp .

The companies’ presentations will be webcast by Investrend Broadcast (http://www.investrendbroadcast.com), and produced by Investrend partner HawkwoodCP. The previous conferences may be accessed via http://www.archconferences.com .

More information about presenting companies are on their InvestorPower pages at http://www.investrend.com/company/list.asp?sPathParam=yes .

Arch Investment Conferences, Inc. is an investment conference company providing services to small-cap and micro-cap companies from around the world. Arch hosts exclusive events for companies looking to build market support, raise capital, and increase awareness in their stories by meeting with fund managers, analysts, investment bankers, brokers and other members of the investment community. Arch is not only a bridge to the companies of tomorrow, but to the investment ideas of today.

Visit http://www.archconferences.com for more information. Investrend Forums is at http://www.investrendforums.com

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies which are all produced from recycled and recyclable plastics. Plasticon is 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.

ZIOPHARM Oncology, Inc., a development stage biopharmaceutical company, engages in the development and commercialization of a portfolio of in-licensed cancer drugs to address unmet medical needs. It applies new insights of molecular and cancer biology to the understandings of toxic cancer therapies, and identifies proprietary and related drugs to provide cancer therapy for patients. The company has two product candidates, known as ZIO-101 and ZIO-201, which are in Phase I clinical studies in the United States. It engages in the clinical development of ZIO-101 in patients with advanced myeloma and ZIO-201 in patients with advanced sarcoma. The company intends to market and sell its products in North America. ZIOPHARM Oncology was founded in 2003 and is headquartered in New York City.
 
Posted by state780 on :
 
Is this different from the one they withdrew from? Looks like it, but I'm not sure.
 
Posted by state780 on :
 
Now someone I'm not familar with at Ihub (yeaimhere) says he just got word from Arch that PLNI is not appearing tomorrow:

=========
Thanks penny, got a day ahead of myself.
Just received a call back from German
with Arch and he confirmed that PLNI will
not be there tomorrow!!! He cited scheduling
conflict and said that he had penciled them
in for March's conference. Sorry guys,
I'll lay off the cough medication.
=============
 
Posted by SchwarzBiest on :
 
*Yaaaaawn* According to my calculations, the problem doesn't exist.
 
Posted by FatherOfTwo on :
 
The chart still looks very good here.

I think it will consolidate for a couple more days and then pop to at least .0085!
 
Posted by Murnak on :
 
WOW! this thread died, Time to bring it to life!

Should have an update with the new month!!!

supposed to be a lot of great things to tell us, new approach, after their done..............works for me!
 
Posted by imakmony2005 on :
 
Holding this one.
 
Posted by Wino Ph.D. on :
 
I'm holding too. Just waiting for some real tangible news from the company. Hopefully it'll be to legitimize all the claims they have been making.
 
Posted by Murnak on :
 
I added more today!

I think were getting close ...................
 
Posted by smalltime on :
 
Been holding foe a while now!!!!!!
 
Posted by state780 on :
 
well, not a whole lot to say at the moment. No news, feels like a long-term weakening but considering all the unanswered questions it's holding up fairly well.

The last action one could comment on was PLNI's non-appearance at the Feb. 23 conference, now rescheduled for March 23. What about that other one--"Small Cap Expo"--wasn't that supposed to be uo on Money TV, or am I confusing that with the other one?
 
Posted by imakmony2005 on :
 
HOLDEN THIS ONE!
 
Posted by needhelp on :
 
I'm holding this one too because I believe in the product not that misleading Turek. He's been very quiet since his last BS about the audit. How many times has he failed to deliver? How's the Semco marketing plan going? His silence and lack of moral is making me rethink my position. If I read this thread today I wouldn't invest a penny.
 
Posted by imakmony2005 on :
 
This one is going to the moon when it gos.SOON!
 
Posted by imakmony2005 on :
 
SOONER than later, imo
 
Posted by cold_up_here on :
 
Hope you like 'Cornbread' Turek!!
 
Posted by nestcrow on :
 
quote:
Originally posted by needhelp:
I'm holding this one too because I believe in the product not that misleading Turek. He's been very quiet since his last BS about the audit. How many times has he failed to deliver? How's the Semco marketing plan going? His silence and lack of moral is making me rethink my position. If I read this thread today I wouldn't invest a penny.

Jim Turek doesn't have to put out his PRs just so that people can day trade, flip and then have crybabies whine because they missed the boat again.

His companies are making money hand over fist during normal operations whether the pps bounces up and down or just trades flat.

If you were a CEO and you got slandered, bashed and threatened with SEC action every time you put out a PR, what would you do?
 
Posted by state780 on :
 
I wouldn't put out PRs about share reductions while I was simultaneously exploding the float, the outstanding and the authorized shares. That would be job number one--not doing that.
 
Posted by ed19363 on :
 
I also wouldnt continually promise an audit, and then not deliver it.
 
Posted by nestcrow on :
 
That’s exactly my point gentlemen, he should not release PR’s just to please the day traders, flippers and whiners. He should go about his business running the company and making it profitable. When the real news about completed audit, numbers and approvals are in fact ready to be released, let it fly. He owes us nothing else and in the meantime, we can buy, sell, hold our position or do nothing.
 
Posted by imakmony2005 on :
 
YEP, And i say dont miss the coming run here.IMHO
 
Posted by YellowSubmarine on :
 
Some interesting info from another Board...:

Have you ever noticed that certain bottom crawling bashers seem to have access to information before everyone else? Have you often wondered why bloggers seem to spend 24/7 "crusading" when they claim to have no financial interest in a company? Have you seen others who laugh at stocks and provide moronic generic information, often boilerplate from old filings? Have you seen those who say the obvious in attacking a developing company, e.g., that their accounting may have been a bit off at one point or that they only have a couple of employees or that they run part of the operation out of a bedroom?

Developing companies all have this type of thing in common and are easily bashed, particularly when the basher has an ulterior motive.

Take a look at this article, and read it very carefully. It describes someone who used to control the boards here, had many sheeple, sheeple who would often follow longs from board to board, personally attacking in attempts to bully them, scaring away others, all in manipulative moves that generate FUD, Fear, Uncertainty and Doubt.

See if you see some similarities to posters you see on boards or blogs, who personally attack rather than substantively discuss the pros and cons of an investment, who seem to get negative information before you do, who seem to spread this information to their seeming associates in an Enterprise. Then, when they are exposed, they attack you, try to smear you, try to threaten you, all because their game has been exposed.

http://www.siliconinvestor.com/readmsg.aspx?msgid=22228617

.
 
Posted by YellowSubmarine on :
 
Webster's needs to create a new word, "..fascithetic..", a conjuction of fascinating & pathetic..!!!

READ THIS CAREFULLY. IT'S LONG BUT VERY, VERY IMPORTANT.
***********************************************************************************

Global client Elgindy slammed by U.S. attorney

TSX Venture Exchange (:*TSX) - Friday March 03 2006 - Street Wire /
Also U.S. Securities and Exchange Commission (:*SEC) Street Wire
by Lee M. Webb

Amr (Anthony) Elgindy, a short selling fraudster who conducted many of his trades through Vancouver-based Global Securities Corp., deserves "a very substantial term of imprisonment," according to Assistant United States Attorney John Nathanson. In fact, the U.S. government thinks Mr. Elgindy should be locked up for life.

Mr. Elgindy was arrested in May of 2002 and convicted on 11 counts of a 32-count indictment for racketeering, securities fraud and extortion last January. He is now scheduled to be sentenced on March 22.

As previously reported by Stockwatch, six other defendants have also been convicted in the case and are awaiting sentencing.

Jeffrey Royer, a former FBI agent who passed confidential law enforcement information on to the short seller, was tried along with Mr. Elgindy and convicted on nine of 15 counts including racketeering conspiracy, securities fraud and obstruction of justice.

Derrick Cleveland, a former broker and ex-convict who served time for drug trafficking, copped an early plea to racketeering and testified against co-accused Mr. Elgindy and Mr. Royer.

Robert Hansen, who operated a website for Mr. Elgindy, and trader Donald Kent Terrell both pled guilty to conspiracy to commit securities fraud and co-operated with the government.

Hedge fund manager Jonathan Daws also pled guilty to conspiracy to commit securities fraud.

Mr. Royer's girlfriend and former FBI agent Lynn Wingate pled guilty to obstruction of justice.

Mr. Elgindy, the central figure in the case, will also be sentenced on a separate conviction relating to his April 17, 2004, attempt to board an airplane using fake identification while on pretrial release.

In a 117-page sentencing memorandum filed on Dec. 23, 2005, defence lawyer Brian H. Berke of Kramer Levin Naftalis & Frankel argued that Mr. Elgindy should be sentenced to no more than 43 months in prison.

The prosecution filed its 88-page sentencing memorandum on Feb. 10. Not surprisingly, the government argues that Mr. Elgindy deserves a far heftier sentence than 43 months.

"Applying what the government believes to be the appropriate guidelines analysis, the guidelines imprisonment range for this defendant is life," the U.S. prosecutor claims.

Criminal enterprise

According to the U.S. prosecutor, Mr. Elgindy barely acknowledges that he was convicted of racketeering and conspiring to commit securities fraud and denies that he played any significant role in the eponymous "criminal Elgindy Enterprise."

Perhaps most tellingly, at least from the perspective of the prosecutor, Mr. Elgindy's sentencing memorandum "eschews any mention of the extraordinary scope of the corruption of governmental functions that lies at the heart of this case."

As the government sees it, Mr. Elgindy induced Mr. Royer to steal information about dozens of FBI and U.S. Securities and Exchange Commission (SEC) investigations, including investigations involving undercover agents and co-operating witnesses in cases involving organized crime and terrorism.

"Even had this defendant failed to earn a single dollar through his criminal enterprise, his role in this extraordinary breach of the public trust would warrant a lengthy sentence," Mr. Nathanson argues.

Offering an overview of Mr. Elgindy's criminal enterprise, the prosecution claims that the short seller led a group that traded on confidential law enforcement information in dozens of stocks and, using his AnthonyPacific.com and InsideTruth.com websites, manipulated the market in dozens of stocks through deceptive trading, timed release of information, exaggerated claims and other misrepresentations.

According to the government, Mr. Elgindy's racketeering enterprise revolved around and depended upon his AnthonyPacific.com website. The prosecution claims that Mr. Elgindy used the website for the controlled dissemination of confidential law enforcement information that he encouraged his members to trade upon.

The website was also something of a direct cash cow for Mr. Elgindy. Between December of 1999 and April of 2002, members paid between $200 per month and $600 per month to access the site, generating fees of more than $2.7-million over that period. (All amounts are in U.S. dollars.)

While Mr. Elgindy reportedly told members that all fees went to the maintenance of the site, in fact by early 2001 only 9 per cent of the fees were used to pay for site maintenance.

Personal FBI agent

The prosecution claims that Mr. Elgindy actively cultivated his relationship with Mr. Royer, who he referred to as "my personal FBI agent."

"In fact, it's clear that Royer essentially worked for the defendant well before he left the FBI at the end of December 2001," the prosecution claims, offering a July 12, 2001, e-mail from the FBI agent to Mr. Elgindy as a supporting example of the relationship.

"Laughed my ass off at GAHI today," Mr. Royer wrote, a reference to Global Asset Holdings Inc. "What a **** company. Take care of Derrick (Mr. Cleveland) on this one. He got some good info in my opinion."

Mr. Royer went on to offer some comments about a Dallas-based brokerage firm with a checkered reputation.

"Solomon Grey could potentially keep us in business for a long time," Mr. Royer remarked in his e-mail to Mr. Elgindy. "Meanwhile, we can drive them crazy by driving their dick in the dirt on all their turd deals."

Among other things, the prosecution notes that Mr. Royer attended a party for AnthonyPacific.com (AP) members in Las Vegas in the summer of 2001 and stayed in Mr. Elgindy's hotel room.

"As part of the Las Vegas festivities, the defendant and several AP site members were photographed with Royer's business card plastered to their foreheads," the prosecution notes, going on to add that Mr. Elgindy "partially reimbursed" Mr. Royer for his trip expenses.

The prosecution offers its assessment of what underpinned a letter that Mr. Royer wrote to Mr. Elgindy's probation officer to recommend early termination of his probation in connection with his conviction for insurance fraud in 2000.

"Royer was sufficiently in the defendant's pocket that Royer wrote a letter to the defendant's probation officer, recommending early probation-termination, in which Royer falsely claimed he was still an FBI agent," the prosecution says.

"As is clear from discussions about this letter, the defendant wanted to use Royer's position as an FBI agent in any way that satisfied the defendant's ends and Royer was willing to do anything to curry the defendant's favor," the government claims.

According to the prosecution, on Aug. 14, 2001, Mr. Elgindy told Mr. Royer that he would "need a letter saying how valuable I am to the U.S. government."

"Can I start with something like Tony is so cool he ****s ice cubes or Tony is as valuable to the U.S. Government as two-ply is to toilet paper," Mr. Royer, then still with the FBI, replied. "Both of these statements are true to the best of my knowledge.

"I know I have to write a recommendation for you, but when, where and how.

"It would be great if I didn't have to due to some flunky finding out about it later and holding it against us, but whatever works, I know you don't want me to leave the bureau before it is written, all I want to know is if that will be in October, April or next October."

Mr. Royer left the FBI in December of 2001 and in January of 2002 both he and Mr. Cleveland "officially started working in the defendant's office in San Diego."

The scope of the scheme

According to the U.S. government, Mr. Elgindy traded in at least 23 stocks after receiving confidential law enforcement information from the FBI, courtesy of Mr. Royer.

"The defendant actively encouraged AP site members to do the same, in part to put downward price pressure on the stocks and thereby increase the value of the defendant's short positions," the prosecution claims.

The government also argues that Mr. Elgindy actively manipulated the share price of certain stocks, on occasion instructing members to either stop "hitting" a stock or telling them he wanted a stock at a certain price so that he could get a cheap block of stock to cover short positions.

By the prosecution's account, Mr. Elgindy was something of an information control freak.

"Indeed, the defendant closely controlled the information that was placed on the site, and would monitor and penalize members who acted in opposition to his wishes," the prosecution claims.

Mr. Elgindy's free public site, InsideTruth.com, also figured in his manipulation scheme.

"Rather than being a genuine research tool, InsideTruth's true purpose was to put out negative reports on stocks that the defendant, his co-conspirators and site members were shorting in order to cause those stocks to fall," the prosecution says.

According to the prosecution, Mr. Elgindy disseminated misappropriated information to his site members, told them how to trade on that information, reprimanded members who disobeyed him, exaggerated the significance of his research reports and lied to give the impression that he was a selfless crusader.

"Taken together, the defendant's actions artificially impacted the market prices of the shares of companies he targeted, putting the defendant's actions squarely within the definition of manipulative conduct," the government says.

The prosecution claims that Mr. Elgindy used a similar array of tactics to extort shares of Nuclear Solutions Inc. to cover a short position that he and other site members had accumulated in the stock.

Among other things, the prosecution also claims that Mr. Elgindy functioned as an investment adviser who "essentially told AP members what stocks to trade and when to trade them."

Moreover, the jury found Mr. Elgindy guilty of frontrunning and trading against advice with respect to some of his calls.

Another crime

The prosecution notes that Mr. Elgindy committed "yet another crime" while released on bail in 2004.

On April 17, 2004, two days earlier than a travel date he had given to his pretrial services supervising officer, Mr. Elgindy tried to board a plane from MacArthur Airport on Long Island using fake identification in the name of "Herbert Manny Velasco."

His destination was Phoenix, with a connecting flight to San Diego. He apparently purchased his ticket with a coupon issued in the name of yet another person, "Richard Hatch."

Among other things, Mr. Elgindy had approximately $25,000 in cash; $30,000 to $40,000 in jewelry; various prescription narcotics; a Montana identification card in the name of Herbert Manny Velasco; an expired California identification card in the name of Heriberto M. Velasco; blank cheques for a bank account belonging to his mother; and blank cheques for an account he had created showing himself as a resident of Lebanon.

Mr. Elgindy also carried a Costco card and Sam's Club card in the name of Herbert Velasco, had air flight coupons issued in a number of different names and cellphones subscribed in the name of Joseph Torelli and Hisham Sadek.

When Mr. Elgindy was questioned by airport security, he falsely maintained that he was a jewelry dealer named Manny Velasco.

"When asked the identity of Amr Elgindy, whose name appeared on various documents and prescriptions in the defendant's possession, the defendant claimed Elgindy was his lawyer," the prosecution notes. "It was not until officials discovered a California driver's license bearing the defendant's photograph that he belatedly admitted his true identity."

Mr. Elgindy's bail was revoked, he was tossed back in jail and he later pled guilty to lying to federal officials in connection with the peculiar airport incident.

Suspect crusader

In the defence's sentencing memorandum Mr. Elgindy was portrayed as something of a "crusader for propriety in the marketplace," helping the SEC and law enforcement officials bring securities fraudsters to justice. The prosecution paints a different picture.

According to the government, Mr. Elgindy boasted about having worked for boiler rooms and chop shops, including the notorious Blinder Robinson & Co., and marketed himself "as a reformed 'bad boy.'"

The prosecution apparently agrees with the "bad boy" history, but seems to doubt that Mr. Elgindy is at all reformed.

By the prosecution's account, Mr. Elgindy moved from Blinder Robinson to Thomas James & Associates where he spent just a short time before being fired for reportedly violating investment-related statutes and rules of industry standards and conduct.

Mr. Elgindy went on to run afoul of the National Association of Securities Dealers, which eventually revoked his registration.

"Additionally, before his broker license was revoked, the defendant had a history of customer complaints while at various brokerage firms, including one brought by the defendant's mother that he settled for $30,000," the government reports.

The prosecution also claims that on at least two occasions, with respect to Alco International Group Inc. and Conectisys Corp., Mr. Elgindy was an active participant in securities fraud conspiracies.

"Moreover, while the defendant touted at trial, and continues to tout his role as a 'crusader for propriety in the marketplace,' the details of his involvement with Alco and Conectisys make abundantly clear that he was, in fact, forced to help the authorities to avoid prosecution himself," the government claims.

As for Mr. Elgindy's purported more recent co-operation with the SEC, the prosecution suggests that he was of little or no assistance and, moreover, "never revealed to authorities with whom he claims he was 'working' that certain of the information he passed them was illicitly obtained from his personal rogue FBI agent."

Adding a few more brushstrokes, the prosecution points out that Mr. Elgindy committed insurance fraud and subsequently pled guilty to mail fraud in 2000 and was sentenced to four months in prison and three years supervised release.

"The defendant was arrested on at least four additional occasions and charged with crimes including 'Grand Theft Auto,' 'Assault with a Deadly Weapon,' 'Driving While Intoxicated' and 'False Report to a Peace Officer' between 1985 and 1997," the prosecution adds in a footnote. "On each of these occasions, the defendant was not prosecuted."

Coincidental concerns

As noted by the prosecution, Mr. Elgindy "relies heavily on his diagnosis of bipolar disorder as a mitigating sentencing factor."

According to the government, however, the defendant "has done little to mitigate the alleged effects of his disorder on himself and his family members."

Indeed, the prosecution seems to suggest that Mr. Elgindy's concern with his bipolar problems coincidentally surfaces when he is faced with legal problems.

The prosecution claims that Mr. Elgindy was diagnosed with bipolar disorder in 1993 but stopped seeing a therapist in 1995.

"He did not recommence therapy until after he was arrested in the instant case, seven years after he had ceased treatment, even though his disorder was addressed in connection with his sentencing on the insurance fraud conviction in 2000," the prosecution reports.

Mr. Elgindy's bipolar disorder along with claimed good works on behalf of Kosovar refugees and his concern for a son "with Tourette's Syndrome and Attention Deficit Hyperactivity Disorder" formed the basis for a downward departure motion at his 2000 sentencing for fraud.

"After hearing from several witnesses, some of whom vigorously disputed the defendant's narrative concerning his beneficence, the sentencing judge rejected the downward departure motion and pronounced the evidence regarding the defendant's humanitarian efforts 'murky,'" the prosecution claims.

"There is a reason why you have these people willing to come here and testify against you as they have," the judge in the 2000 insurance fraud case remarked. "I don't see that very often, especially in sentencing."

In any event, the prosecution suggests that Mr. Elgindy's actions are at odds with his claimed concerns.

"Despite his stated concern for his son and his other family members, immediately upon his release from jail in October 2000, the defendant -- rather than mending his ways for their sake -- became the leader of a criminal enterprise," the government claims.

Unreconstructed criminal

According to the prosecution, notwithstanding his conviction, Mr. Elgindy shows no remorse and does not accept responsibility for his crimes.

"Despite being convicted for racketeering, conspiracy to commit securities fraud, extortion and other crimes, the defendant accepts no responsibility for his conduct," the prosecution claims.

"Instead, he has smeared prosecutors and proclaimed his innocence on one of the very websites, Silicon Investor, where he found fame as an allegedly former -- but obviously unreconstructed -- criminal," the prosecution states.

Indeed, several messages from Mr. Elgindy regarding the trial -- some of them quite lengthy and, arguably, controversial -- have been posted to Silicon Investor.

The prosecution serves up some juicy excerpts from Mr. Elgindy's posttrial Internet messages.

"Witnesses were intimidated from day one," Mr. Elgindy wrote in part in a Nov. 2, 2005, message. "The search for justice took a back seat to a prosecutor's ambition, rabid zeal and refusal to concede the truth."

In a Dec. 2, 2005, post, Mr. Elgindy claimed that he "lost to hatred, prejudice and a 'convict at all cost' methodology."

On Dec. 11, 2005, Mr. Elgindy remarked that he had "publicly made allegations of serious misconduct by former AUSA Ken Breen and Seth Levine." He also suggested that prosecutors suborned perjury from Mr. Cleveland, the government claims.

"The real terrorist is out there, walking free, having used my life as a spring-board into the private sector, doing exactly what he found so distasteful by Royer," Mr. Elgindy wrote on Dec. 23, 2005, in reference to former Assistant U.S. Attorney Mr. Breen who joined a private firm as a white collar criminal defence lawyer after his prosecution of Mr. Elgindy.

"Isn't this all being done so they can finally lynch the nasty Arab guy?" Mr. Elgindy asked rhetorically in a Jan. 14, 2006, Silicon Investor post.

Evidently the prosecution did not think much of Mr. Elgindy's posttrial Silicon Investor commentaries.

"For this defendant, who finds it impossible to mind his own store, to lash out by impugning the government's integrity is unjust and irresponsible," the prosecution declares. "It is, however, sadly consistent with the defendant's need to wrongly castigate others while minimizing his own misdeeds, a theme that runs through his sentencing submission."

Major time

The prosecution devotes more than half of its 88-page sentencing memorandum to an analysis of the sentencing guidelines, insisting that Mr. Elgindy should be sent to prison for much longer than the 43 months suggested by the defence.

According to the prosecution, this case "encompasses one of the most egregious instances of corruption of governmental functions in recent history" and the "true nature of the criminal conduct would justify a sentence above the guidelines," which suggest a life sentence.

"This case involved a massive criminal enterprise dedicated to misappropriating information from the FBI, trading on that information, using it to manipulate stock prices and disseminating it to hundreds of investors who could further use it for their unjust advantage," the prosecution argues.

Among other things, the government claims that Mr. Elgindy is a repeat fraudster and liar "who routinely, over a period of many years, violated the law for personal gain."

"There is no reason to believe that this defendant has mended, or will mend, his ways," the prosecution claims. "There is, however, every reason to believe that, once released, the defendant will find a new means of taking advantage of the public."

The government evidently does not want Mr. Elgindy released any time soon.

"The defendant was the leader of a massive criminal enterprise that functioned by stealing confidential law enforcement information -- regardless of the costs to the FBI, the SEC, undercover agents, co-operating witnesses or the public -- in order to satisfy his and his co-conspirators' greed," the prosecution says.

"The defendant's punishment should fit this crime, not the unjustifiably limited, four-stock, small-profit securities fraud case that the defendant conjures up in his sentencing memorandum," the prosecution continues.

While the defence submission was quite precise in suggesting that Mr. Elgindy should be sentenced to no more than 43 months, the prosecution's concluding recommendation is vague.

"The government respectfully submits that, in keeping with the true nature of the defendant's crime, this court should sentence him to a very substantial term of imprisonment," the prosecution says in wrapping up its sentencing memorandum.

Mr. Elgindy, who reportedly already has a lawyer working on his appeal, was scheduled to be sentenced on March 6, a date "fixed in stone," according to an earlier government filing.

On March 1, however, Judge Raymond J. Dearie issued an amended notice of sentencing, setting the new date for March 22.

Intriguingly, the March 1 order contains an asterisked, bold, underlined, uppercase instruction:

"****GOVERNMENT COUNSEL IS DIRECTED TO SUBMIT A SIGNED COPY OF THE PLEA AGREEMENT, IF ANY, TO MS. MULQUEEN, FORTHWITH."

It is not clear what signed copy of a plea agreement, if any, the court is awaiting.

Stockwatch will continue to follow developments.

Comments regarding this article may be sent to lwebb*stockwatch.com.

(More information regarding the Elgindy case is available in Stockwatch articles published under the symbol *TSX on May 22, 23, 24, 28 and 29; June 3, 4, 6 and 17; July 18, 2002; March 25, 2003; Oct. 3, 2005; and Jan. 26 and 27, 2006.)

© 2006 Canjex Publishing Ltd.

.
 
Posted by YellowSubmarine on :
 
NOTE: All of the PLNI Bashers can be tied directly back to Anthony Amr ("..the Puke..") Elgindy, the recidivist and incarcerated STOCK CRIMINAL.....

DYODD, it's all their multiple-alias post lists on every system they do their trashing-act.

.
 
Posted by Bearclaw on :
 
Yellow...
Is he here on the blogs again ? If so, who is he and what are his Aliases if you know? thanks...
 
Posted by YellowSubmarine on :
 
[edit]: DYODD, it can all be found in the BashHoles multiple-alias post-lists on every system they do their bashing-&- trashing act.

.
 
Posted by YellowSubmarine on :
 
The 'pin worm' blogger, Roberto Villasenor, is a known acolyte and associate of AnthoPuke Elgindy, and all the other bashers can also be tied in with PukieBoy by their posts to the Anthoby*Pacific Board on SiliconInvestor.com

You just have to dig deep and figure out all their BS multiple-aliases, as they have all been crap-canned numerous times.....

.
 
Posted by nar31977 on :
 
BLATENT BULL****

The site is crap.........

AND they LIE or MISLEAD....

Quote from website"

"Examples where these products are in place include:

* CLEVELAND STADIUM (R)
* THE ROCK-N-ROLL HALL OF FAME (R)
* TAMPA CONVENTION CENTER (R)
* TAMPA THREE MILE BRIDGE (R)
* NEW YORK WORLD TRADE CENTER (BOMB SITE) (R) (S)
* TORONTO SKY DOME (R)
* FORD HEADQUARTERS IN TORONTO (R)
* IBM HEADQUARTERS IN TORONTO (R)
* CHATTANOOGA AQUARIUM (R)
* DISNEY ORLANDO (R) (PL) (S)
* UNIVERSAL STUDIOS ORLANDO (R) (PL) (S)
* RUPP CONVENTION COMPLEX EXPANSION (R)
* TIFFANY STREET PIER (R) (PL)
* PIER 84 (PL)
* PIER 87 (PL)
* LEMMON CREEK PIER PROJECT (PL)
* NATIONAL AIRPORT (R)
* LARGEST PUBLIC WORKS PROJECT IN AMERICA (BOSTON) (R)
* DOT APPROVED OR ACCEPTED IN ALL U.S. STATES & TERRITORIES (R)
* DOT APPROVED IN ALL CANADIAN PROVIDENCES (R) (S)
* SIGNAGE IN 38 STATES AND 9 OTHER COUNTRIES (S)
* 200 + BRIDGES (R)
* 100 + HOTELS (R)
* FENCING, DECKING, DOCKS AND PIERS FROM FLORIDA TO NEW YORK TO WASHINGTON
* MAJOR AMUSEMENT PARKS (PL)
* RESTORATION PROJECTS (R) (PL)
* THE BIG DIG IN BOSTON
* JACKSONVILLE NAVAL YARD (R)
* PEARL HARBOR (R)
* WRIGHT PATTERSON AIR FORCE BASE (S)
* LOS ALAMOS (R) "


YES.........these places USE plastics..........BUT NOT PLASTICON!!!!!!

Los Alamos!!!!!!! Give me a ****ing break......You NEED a TS Clearance (TOP SECRET ) to get that CONTRACT, you NEED a FEDERALLY CLEARED JUST TO BE ABLE TO BID THE CONTRACT!!!!!!!!!!

GET REAL.........half of these PROJECTS were around before the company!

WOW they got plastic forms? THE USE OF FIBER MAKES EVEN STEEL USELESS (not to mention plastic) and fiber is cheaper..

AND they have NO affiliation with PLASTICON EUROPE.....They took the name!

17 YEARS and they are still a SUB PENNY STOCK!!!!!!!!

Yea….30 months or 30 YEARS.
 
Posted by YellowSubmarine on :
 
Oh, horsecrap - I've been to Los Alamos and my good friend worked there for several years.

You don't have to get any Clearance to have your products used in the construction of their facilities - only the approval of the Chief Engineer and the Purchasing Department.

Your a buttheaded twit, and you're also going to be a broke buttheaded twit the rest of your life simply becuse you a STUPID BashTwit.

.
 
Posted by Bearclaw on :
 
Thanks YellowSub...
I thought it was the worm connection...wasn't sure...but thanks for clarifying...Lot's of scams in Pennyland...I got taken early on in 2004 but thank God I was not cleaned out and could build back up...some folks weren't so lucky...Thanks again...

quote:
Originally posted by YellowSubmarine:
The 'pin worm' blogger, Roberto Villasenor, is a known acolyte and associate of AnthoPuke Elgindy, and all the other bashers can also be tied in with PukieBoy by their posts to the Anthoby*Pacific Board on SiliconInvestor.com

You just have to dig deep and figure out all their BS multiple-aliases, as they have all been crap-canned numerous times.....

.


 
Posted by YellowSubmarine on :
 
"...Ha ha ha ha ha ha ha ha ha ha ha..................

It's clear that the BashPukes are flailing desperate at this juecture - they know as well as we do that the filings and News is on the way this coming week..!!

And, as Bart Simpson so eloguently puts it, [i][b]"...EAT YOUR SHORTS..."[/i}!!!

"...Ha ha ha ha ha ha ha ha ha ha ha..................

.
 
Posted by YellowSubmarine on :
 
quote:
"...Roberto Villasenor ( aka: theworm06 or the 'pin worm' or Strike1 ), is a known acolyte and associate of AnthoPuke Elgindy, and all the other bashers can also be tied in with PukieBoy by their posts to the Anthoby*Pacific Board on SiliconInvestor.com [/qb]
Make that the "..Anthony*Pacific Board.." on SI, where the scummoids posted their tripe and received their directives from ol' PukieBoy........

Ha ha ha. I have a case of digital dislexia today, apparently..!!!

.
 
Posted by imakmony2005 on :
 
ya baby, Lets let this pony out for a run, so to speak.up up up.
 
Posted by buckstalker on :
 
Hmmmm...made lots of cash on this in the past... looking like it's getting close to do it again.
 
Posted by YellowSubmarine on :
 
Fascinating..!!! According to posts on RB, apparently this is the guy that does all the "research" that the bashers rely on, during which time this stock has doubled from its lows. I guess that's a briiliant way to bash. Get a NASD nailed violator to do your "research." No wonder the stock looks so strong.

Other stuff PM'd claims this guy was totally humiliated by someone named Zwebner and that he was a penalized horn blower broker. I'm not sure what that term means. It sounds kind of obscene....

Roberto Gonzalez VILLASENOR, Jr. (CRD #1031313, Registered Representative, New York, New York) (..aka: theworm06..) submitted an Offer of Settlement pursuant to which he was fined $5,000 and suspended from association with any NASD member in any capacity for 30 business days. The fine shall be due and payable prior to reassociation with a member firm following the suspension or prior to any application requesting relief from a statutory disqualification. Without admitting or denying the allegations, VILLASENOR consented to the described sanctions and to the entry of findings that he failed to provide his member firm with written or oral notice of his participation in outside business activities. (NASD Case #C10000005)

.
 
Posted by BuyTex on :
 
quote:
Originally posted by nar31977:
BLATENT BULL****

The site is crap.........

AND they LIE or MISLEAD....

Quote from website"

"Examples where these products are in place include:

* CLEVELAND STADIUM (R)
* THE ROCK-N-ROLL HALL OF FAME (R)
* TAMPA CONVENTION CENTER (R)
* TAMPA THREE MILE BRIDGE (R)
* NEW YORK WORLD TRADE CENTER (BOMB SITE) (R) (S)
* TORONTO SKY DOME (R)
* FORD HEADQUARTERS IN TORONTO (R)
* IBM HEADQUARTERS IN TORONTO (R)
* CHATTANOOGA AQUARIUM (R)
* DISNEY ORLANDO (R) (PL) (S)
* UNIVERSAL STUDIOS ORLANDO (R) (PL) (S)
* RUPP CONVENTION COMPLEX EXPANSION (R)
* TIFFANY STREET PIER (R) (PL)
* PIER 84 (PL)
* PIER 87 (PL)
* LEMMON CREEK PIER PROJECT (PL)
* NATIONAL AIRPORT (R)
* LARGEST PUBLIC WORKS PROJECT IN AMERICA (BOSTON) (R)
* DOT APPROVED OR ACCEPTED IN ALL U.S. STATES & TERRITORIES (R)
* DOT APPROVED IN ALL CANADIAN PROVIDENCES (R) (S)
* SIGNAGE IN 38 STATES AND 9 OTHER COUNTRIES (S)
* 200 + BRIDGES (R)
* 100 + HOTELS (R)
* FENCING, DECKING, DOCKS AND PIERS FROM FLORIDA TO NEW YORK TO WASHINGTON
* MAJOR AMUSEMENT PARKS (PL)
* RESTORATION PROJECTS (R) (PL)
* THE BIG DIG IN BOSTON
* JACKSONVILLE NAVAL YARD (R)
* PEARL HARBOR (R)
* WRIGHT PATTERSON AIR FORCE BASE (S)
* LOS ALAMOS (R) "


YES.........these places USE plastics..........BUT NOT PLASTICON!!!!!!

Los Alamos!!!!!!! Give me a ****ing break......You NEED a TS Clearance (TOP SECRET ) to get that CONTRACT, you NEED a FEDERALLY CLEARED JUST TO BE ABLE TO BID THE CONTRACT!!!!!!!!!!

GET REAL.........half of these PROJECTS were around before the company!

WOW they got plastic forms? THE USE OF FIBER MAKES EVEN STEEL USELESS (not to mention plastic) and fiber is cheaper..

AND they have NO affiliation with PLASTICON EUROPE.....They took the name!

17 YEARS and they are still a SUB PENNY STOCK!!!!!!!!

Yea….30 months or 30 YEARS.

should be easy enough to check out...
 
Posted by YellowSubmarine on :
 
Long & Newbies Please Note..: The PPS on PLNI stabilized on Thursday-Friday at 0.006ish. The MFMMMs have obviously gotten wind that the financials are ready to be filed and News is pending. Filing the reports with both the SEC and Pinksheets.com will bring the companies "..Real Time Quotes & Level-II MFMMM display.." back up on http://www.pinksheets.com/quote/quote.jsp?symbol=plni PLNI will eventually end up on the AMEX, management is as serious as death about that - and the effort is well along.

The PLNI RTQs are still available on http://plasticonintl.com/investor_relations.html

The clearly Professional Bash Effort against PLNI has also picked up markedly across all of the WWW stock discussion BBS's. So, we know that the BashHoles were trying to protect their controllers' exisitng Shorts and NSS activity, while setting up the boneheads to garner 'scardy shares' from any 'week-knee'd newbies' who will fall for that crap.......

"..Super-Cheapie-Shares.." are only 'super-cheapie-shares' while they are still "..super-cheapie-shares..", aye........

O/T: CNES (non-pink) and LFWK are cookin' with gas, also..!!!

.
 
Posted by BuyTex on :
 
quote:
Originally posted by YellowSubmarine:
quote:
Originally posted by BuyTex:
[QUOTE]Originally posted by nar31977:
BLATENT BULL****



"...Ha ha ha ha ha ha ha ha ha ha ha ha....................

The only blatant BS areound PLNI are the 'Puke-stained, 'pin worm'-kissing BashHoles' who are absolutely desperate to protect their SHORTS - or steal 'scady shares' from people who are stupid enough to listen to their bleating sputters.......

"...Tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick, tick..................

Just like ol' Anthony(at)Pukerific, who's already doing time in the FED lock-up in NY (..and going to be sentenced to more time in 2 weeks - unless he rats-out all his sleazy BS buddies..), the '60 MINUTES' crew is going to show up on the "..pin worm's.." doorstep - and wreck his whole feakin' day.............

.

seriously, quote me in context, or not at all...
 
Posted by BuyTex on :
 
lol, keep it to one thread, will ya?
 
Posted by BuyTex on :
 
you goofball...if you're call me a basher and link me to nefarious dealings, at least have the ballz to post something of substance... talk about little kids, lol, you're simply calling names
 
Posted by BuyTex on :
 
so what's any of that got to do with me?
 
Posted by YellowSubmarine on :
 
Confusus say: "..Those dudes and duettes who fail to know their History regarding the 'pin worm' (..and other recidivist stock criminals in America..) are doomed to repeat or be screwed by it.........

The premiere PLNI basher: ROBERTO Gonzalez VILLASENOR, Jr. (CRD #1031313, Registered Representative, New York, New York) ["..Aka: theworm06, or Strike1, or the 'pin worm'..."] submitted an Offer of Settlement pursuant to which he was fined $5,000 and suspended from association with any NASD member in any capacity for 30 business days. The fine shall be due and payable prior to reassociation with a member firm following the suspension or prior to any application requesting relief from a statutory disqualification. Without admitting or denying the allegations, VILLASENOR consented to the described sanctions and to the entry of findings that he failed to provide his member firm with written or oral notice of his participation in outside business activities. (NASD Case #C10000005)

.
 
Posted by YellowSubmarine on :
 
Professional BashHoles never waste their Controller's time, nor would they risk their MickeyD coupon booklet stipends, bashing a 'bad stock'. ...As the Ferengie Rules of Profit and ol' Quark would say, "...There's no profit in that...

"..Then why..", you should ask yourself, "...are they here....."?!? ...Like 'Hillary' and that crap-canned Surgeon General cow - it's obviously because dey jus' luvz y'all to peeces; and "..you'se 'po' li'l chillun's needzta be took care of.." - right..!!!

.
 
Posted by BuyTex on :
 
you OK, dude? lol, I repeat: what has any of your rant got to do with me?
 
Posted by imakmony2005 on :
 
ya, yellow, im with you long and strong, but hell your post are just repeats.
 
Posted by state780 on :
 
This used to be a useful discussion board. Now it's just a garbage pail.
 
Posted by nar31977 on :
 
and what is he talking about????????????

has he gone mad and stupid?
 
Posted by imakmony2005 on :
 
JUST PISSED AT BASHERS AND IS WAITING FOR THE RIDE TO START.SOOOOON,LOL
 


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