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By the way...BUYTEX I am stating the facts. With Scottrade you CAN NOT trade a pink without a phone call!!! I assumed it was the same everywhere. (sorry) For you to call me a CLOWN or TROLL just tells me that you are nothing but an ASS!!!!!!!!!!!!! When you have some spare time, go to Scottrade, open an account, and try to buy a pink sheet online. Keep in mind that MANY people deal with Scottrade. Thanks and have a nice day!
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quote:Originally posted by <mwm3006>: By the way...BUYTEX I am stating the facts. With Scottrade you CAN NOT trade a pink without a phone call!!! I assumed it was the same everywhere. (sorry) For you to call me a CLOWN or TROLL just tells me that you are nothing but an ASS!!!!!!!!!!!!! When you have some spare time, go to Scottrade, open an account, and try to buy a pink sheet online. Keep in mind that MANY people deal with Scottrade. Thanks and have a nice day!
I use Scottrade and never had to call to trade a pink, whether on the computer or over my cellphone with internet access.
Which specific stock are you talking about?
If it's PLNI then they owe you a refund for a broker assisted call.
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Why is it necessary to resort to nasty name calling? You have persistantly and insistantly declared or implied that only you have facts....the sort of activities and techniques of a troll or clown. Now you claim we are to excuse you for misrepresenting facts. It's ok if you mistook the limitations of Scottrade for more general limits on trading online. We can understand that. But that you can be excused for such a mistake doesn't stretch to lowering the discussion here to meanness and name calling. Please don't confuse this forum with one at yahoo or on AOL, where pettiness is almost a common practice. These are serious traders and investers sharing information, hopefully for the use of all. Name calling only interferes with information.
quote:Originally posted by <mwm3006>: By the way...BUYTEX I am stating the facts. With Scottrade you CAN NOT trade a pink without a phone call!!! I assumed it was the same everywhere. (sorry) For you to call me a CLOWN or TROLL just tells me that you are nothing but an ASS!!!!!!!!!!!!! When you have some spare time, go to Scottrade, open an account, and try to buy a pink sheet online. Keep in mind that MANY people deal with Scottrade. Thanks and have a nice day!
I use Scottrade.
-------------------- Nashoba Holba Chepulechi Adventures in microcapitalism...
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quote:Originally posted by <mwm3006>: By the way...BUYTEX I am stating the facts. With Scottrade you CAN NOT trade a pink without a phone call!!! I assumed it was the same everywhere. (sorry) For you to call me a CLOWN or TROLL just tells me that you are nothing but an ASS!!!!!!!!!!!!! When you have some spare time, go to Scottrade, open an account, and try to buy a pink sheet online. Keep in mind that MANY people deal with Scottrade. Thanks and have a nice day!
not true... scotrade now shows bid/ask for pinks.... therefore you're allowed to trade them online instead of calling your broker...
-------------------- Don't envy the happiness of those who live in a fool's paradise.
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Are you still in this Glassman, or you only holding freebies?
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quote:Originally posted by Murnak: True about Scottrade that why I use E-trade too.........Pinks have a higher commission at Scottrade also!............FYI
The Green Baron Report is on a mission to be the best in micro-cap stock picking. Not only do we want our members to make a ton of money from our stock picks, but invest in companies that truly have a long-term future. Our only two stock ideas ever profiled during market hours, ImageXpres (IMJX) and China Media 1 (CMDA) are two companies we still believe every member should own over the next year. These two stocks were profiled respectively as our March 2005 Focus Stock Pick and April 2005 Focus Stock Pick, and the results since our profile dates are truly epic. (Keep in mind that the general stock market performance over this period of time has been flat to down)
Now, The Green Baron Report is proud to announce our May Focus Stock Pick and 42nd fully profile stock to be added to our stock home page of previous profiled picks. The stock is Plasticon International Inc. (PK: PLNI) and we believe this issue is set to take off for many reasons. Pink sheets issues are absolutely put through the ringer when we conduct our due diligence. We do not like to initiate coverage of a Pink Sheet listed stock as a fully profiled pick unless it meets ALL the criteria we maintain. PLNI met our strict review, and we believe you will agree after reading our profile.
Green Baron Technical Review
About a year ago, PLNI traded at much higher prices. In fact, PLNI hit .45 in April of 2004. However, as what happens to many Pink Sheet issues, an aggressive seller drove the stock to the floor. Over the past six months PLNI has been trading in a relatively tight trading range between .002 and .005 per share. There is now terrific support in these levels, although we do not anticipate the stock trading much below .005 any longer.
PLNI usually trades with a very tight spread of one or two hundreds of a cent between the bid and offer. Since there are at least 16 market makers currently involved, this stock sets itself up to not only be a great long-term hold, but also a wonderful trading stock. Volume recently has been huge. Last Thursday and Friday saw action with volume of about 50 million shares each day. Yesterday, Monday, May 9 was another huge day in PLNI as more investors are realizing the massive potential earnings from this company.
Please Note: The increase in price and volume late last week and the beginning of this week is likely due to CEO Jim Turek's appearances on Money TV, a nationally syndicated television program featuring interviews with CEOs, insights into their operations, and outlooks for their futures (www.moneytv.net). The Green Baron Report did not purchase shares last week and, as usual, we have kept our pending coverage of Plasticon strictly confidential. On Money TV, the CEO indicated that they are "getting ready to make some announcements" and that they "received tremendous exposure (due to the first interview the week before)."
We believe much of the initial resistance has now been absorbed, and PLNI is ready to make a huge leap higher in price. Once PLNI breaks out above .0055 per share, there may be little resistance. Our fundamental analysis calls for valuation TODAY of between .03 and .05 per share. We expect sharp moves in PLNI, and the stock appears to be in the beginning stages of an uptrend. We expect fundamentally solid press releases to support what we believe is a Company with a very predictable future.
Green Baron Fundamental Review
In a recent Federal court case, Plasticon patents were upheld and revalued by the court placing a current value of $16 million. Existing injection molds for each of the 50 SKU's have values of $4-5 million. If you add the potential for Plasticon's exclusive distribution and sales agreement with the second largest seller of rebar in the United States and 63 warehouse distribution points, the numbers get sort of crazy. At only a $20 million net asset valuation, PLNI should be trading at over .01 per share. If you add in mildly successful sales projections, PLNI ought to be trading at .03 minimum in our opinion. Toss in audited financials, new products, faster production capabilities, and we just might have a HOME RUN in the making.
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.
CEO Turek controls over 70% of the issued and outstanding shares leaving only about 300 to 400 million shares in the float. Mr. Turek has informed us that he has no intention of selling any of his stock in the foreseeable future. In our opinion, last week's activity likely shook out most of the weak holders in this stock, and now PLNI is left with a much stronger shareholder base.
An audit of all Plasticon financials that was initiated about nine moths ago is nearing completion. The Green Baron Report expects fully audited numbers to add significant credibility to the Company and its intention to achieve a higher listing. We do not pick up coverage at this level of support unless we are assured that the Company intends to achieve fully reporting status in the near-term.
About Plasticon International, Inc.
Plasticon International, Inc. of Lexington, KY designs, produces, and distributes high-quality concrete accessories, transportation signage, lumber, and office supplies which are all produced from recycled and recyclable plastics. The Company has been in the recycled plastics business for 10 years, and 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, both its transportation signage and rebar support systems have received DOT approval in all 50 states.
Plasticon is the sole owner of an exclusive patented design of rebar support systems. Rebar supports are used to ensure the proper height placement of rebar horizontally and vertically in concrete. If the proper height is not achieved as specified by engineering, the concrete will not achieve its structural strength. Virtually all concrete construction requires rebar and rebar supports.
The rebar support market for US bridge reconstruction alone is $600 million annually, and the total U.S. market exceeds $1 billion. A partnership originally established with Georgia-Pacific's building products distribution unit (now BlueLinx Corp. through an acquisition), provides a major market advantage for Plasticon as well as a competitive marketing position for BlueLinx. Plasticon has received tremendous response from projects using its rebar supports, and has plans to supply all 63 warehouse distribution points for BlueLinx in the United States.
Note: BlueLinx is a Fortune 500 company and distributes more than 10,000 building products in 14 categories from more than 1,600 supplier companies to customers nationwide. BlueLinx has a multi- year agreement to purchase structural panels, lumber and other building products manufactured by Georgia-Pacific and will be the exclusive distributor for select Georgia-Pacific-branded products.
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.
Plasticon's patented products are recognized as the "Cadillac" in the industry and are without serious competition. PLNI products have been chosen for such showcase structures as Cleveland Stadium, The Rock-N-Roll Hall of Fame, Tampa Convention Center, Toronto Sky Dome, Chattanooga Aquarium, Disney Orlando, Wright Patterson Air Force Base, Tiffany Street Pier, and many others.
Plasticon rebar supports are constructed from strong, flexible, dielectric, non corrosive, recycled and engineered plastic materials. These concrete products do not rust, do not absorb water, and avoid the chloride ion attack. The slab and beam bolster products can be snapped together easily, saving labor and material expenses.
Green Baron Conclusion
Other than CEO Turek's recent short updates on Money TV, there has been very little talk of this publicly traded stock over the past six months. PLNI has not released an official press release since December 16, 2004. We believe Plasticon has been flying under the radar and is about to absolutely explode higher as it appears now ready to implement its strategy to fill a major market demand.
BlueLinx has 63 warehouse distribution points in the United States. Plasticon supplies each warehouse currently ordering with $300,000 of product that is expected to last through a year. Although not all warehouses are currently receiving product, some warehouses have required reorders. In fact, early indications suggest that some warehouses could see a need to order 4 to 6 times per year.
Here is where the numbers get scary. If all 63 warehouses require say on average two turns in inventory per year, we are looking at 63 X $300,000 X 2 which equals revenues of $37.8 million. Let us add that margins are healthy, the Company has tax loss carry forwards, there is revenue from other product category sales, and sales for rebar supports will occur outside the U.S. and to other builders. All this just equals – HUGE STOCK OPPORTUNITY RIGHT NOW!!!
If Plasticon can achieve sales of even $20 million over the next few years, The Green Baron Report sees earnings per share in one year about equal to where PLNI currently trades. We believe that Plasticon rebar supports could become the standard in building. The structural and cost advantages make these products almost a "no- brainer" when it comes to deciding between the alternatives. In addition, most government projects now require that part of its buildings are constructed with Post Consumer Waste Products, and Plasticon products are already approved in this category. We suggest members with speculative accounts to seriously consider adding Plasticon to your long-term portfolios, and enjoy what we believe will be another Green Baron wealth builder.
Company Contact Information:
Jim Turek – President and CEO
Office Phone: (859)221-2579
Bill Howe – Investor Relations (800)889-0915 williambhowe@...
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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 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
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Plasticon Enters Negotiations to Acquire Semco Inc., a Pioneer in Leading-Edge, Environmentally-Friendly Surfacing Products Tuesday May 24, 10:15 am ET President and CEO Jim Turek Says Deal Would Be a `Perfect Synergy'
LEXINGTON, Ky.--(BUSINESS WIRE)--May 24, 2005--Plasticon International Inc. (Pink Sheets - PLNI) today announced that it has entered negotiations to acquire Semco, Inc., a Nevada based company that is a pioneer in resurfacing technology. "We are very excited about this potential acquisition," said Jim Turek, President and CEO of Plasticon International. "If you looked up synergy in the dictionary, this deal should be cited as the example. There are many parallels between Plasticon and Semco. Semco's products are the most technologically advanced surfacing products in the industry. Plasticon has the most technologically advanced recycled plastic products in the construction industry. Their products have been used on government buildings, many hotels in Las Vegas and other large commercial projects, and in residential settings as well. Plasticon's products are used to support many of the most important facilities in North America and around the world. It would be the perfect synergy."
Mr. Turek said that when this deal is signed, he expects Semco's product line to become a major profit center for Plasticon. "This deal would not only be important to Plasticon in terms of the synergy of our products," Mr. Turek said. "It would also have a major impact on our bottom line."
Mr. Turek also cited the fact that Semco Inc. is environmentally-friendly as a major plus for the
potential acquisition. "Any acquisition we make has to fit in with our corporate mission and our manufacturing process and principles. As a leader in environmentally-friendly manufacturing, it's important for us to maintain that status as we continue to grow the company. Like Plasticon, Semco, Inc. has been a proven leader in their sector and has maintained an environmentally-friendly manufacturing process."
Semco, Inc.'s water based resurfacing products, which cross link chemically to the material they are being bonded to, are used on similar applications as Plasticon's products, such as bridges and other critical infrastructure projects. "Plasticon's rebar support products are used as a more durable, dependable, cost-effective alternative to steel in the reinforcing of concrete," Mr. Turek said. "They are used not just on buildings, but on other critical infrastructure such as bridges and roads. Semco's products reinforce the density of the surface they are being bonded to, which in this example would lead to maximum concrete durability. There would be many immediate applications where our products would work perfectly together, and as we expand our product base there would be many applications down the road as well."
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PLASTICON ENTERS NEGOTIATIONS TO ACQUIRE SEMCO INC; A PIONEER IN LEADING-EDGE, ENVIRONMENTALLY-FRIENDLY SURFACING PRODUCTS
PLNI stock sours yesterday Monday, May 23… Green Baron Members are treated to 83% move up in one day and 213% in less than two weeks since our profile price on May 10
The Green Baron Report is so hot that even our biggest critics are beginning to take notice. Several months ago we decided it was vital that we spend more time than ever to carefully choose stocks that would likely AMAZE our members, and leave no doubt. Our selectivity is paying off now in absolutely HUGE returns. The crazy thing is, our March Stock Pick ImageXpres (IMJX), our April Stock Pick China Media 1 (CMDA), and our May Stock Pick Plasticon Intl. (PLNI) have just begun to move higher in our opinion, and we are working overtime to bring you more data to support our belief.
NOTE: Please review our updates on IMJX and CMDA following PLNI below as well as the timing for new webcasts this week!
PLNI finally broke out well over .01 per share yesterday morning on huge volume as we have been predicting would soon happen. Congratulations to all members that are riding a huge wave of profits in Plasticon. The news this morning further supports the higher stock price, and we strongly suggest all members to further investigate those ramifications of today’s press release.
The Green Baron Report believes Plasticon will soon close its acquisition of Semco, Inc. Among other beneficial uses, the resurfacing technology that Semco has pioneered can add several years of usable life to massive projects such as bridges and roads. Once again, Plasticon is building a synergistic business that will generate staggering growth to revenues and earnings for years to come. We believe our members will be shocked by the potential of this additional business. It does not surprise us at The Green Baron Report that investors are finally taking notice of this former sleeper stock.
President and CEO Jim Turek says deal would be a “perfect synergy”
Lexington, Kentucky, May 23, 2005 -- Plasticon International Inc. today announced that it has entered negotiations to acquire Semco, Inc., a Nevada based company that is a pioneer in resurfacing technology.
“We are very excited about this potential acquisition,” said Jim Turek, President and CEO of Plasticon International. “If you looked up synergy in the dictionary, this deal should be cited as the example. There are many parallels between Plasticon and Semco. Semco’s products are the most technologically advanced surfacing products in the industry. Plasticon has the most technologically advanced recycled plastic products in the construction industry. Their products have been used on government buildings, many hotels in Las Vegas and other large commercial projects, and in residential settings as well. Plasticon’s products are used to support many of the most important facilities in North America and around the world. It would be the perfect synergy.”
Mr. Turek said that when this deal is signed, he expects Semco’s product line to become a major profit center for Plasticon. “This deal would not only be important to Plasticon in terms of the synergy of our products,” Mr. Turek said. “It would also have a major impact on our bottom line.”
Mr. Turek also cited the fact that Semco Inc. is environmentally-friendly as a major plus for the potential acquisition. “Any acquisition we make has to fit in with our corporate mission and our manufacturing process and principles. As a leader in environmentally-friendly manufacturing, it’s important for us to maintain that status as we continue to grow the company. Like Plasticon, Semco, Inc. has been a proven leader in their sector and has maintained an environmentally-friendly manufacturing process.”
Semco, Inc.’s water based resurfacing products, which cross link chemically to the material they are being bonded to, are used on similar applications as Plasticon’s products, such as bridges and other critical infrastructure projects. “Plasticon’s rebar support products are used as a more durable, dependable, cost-effective alternative to steel in the reinforcing of concrete,” Mr. Turek said. “They are used not just on buildings, but on other critical infrastructure such as bridges and roads. Semco’s products reinforce the density of the surface they are being bonded to, which in this example would lead to maximum concrete durability. There would be many immediate applications where our products would work perfectly together, and as we expand our product base there would be many applications down the road as well.”
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:
Bill Howe
Ph: 800-889-0915
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you mean another 100,000 shares.. I loaded myself at .0138 with another 200,000 thanks to all the seller. Come on PLNI give me .03 before Memorial Weekend.
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Plasticon Signs Letter of Intent to Acquire Semco Inc., A Pioneer in Leading-edge Surfacing Products President and CEO Jim Turek expects Semco Products to be 'Major Profit Center' 5/25/2005 11:05:06 AM
LEXINGTON, Ky., May 25, 2005 (PRIMEZONE via COMTEX) -- Plasticon International Inc. (Pink Sheets:PLNI) today announced that it has signed a letter of intent to acquire Semco, Inc., a Nevada based company that is a pioneer in leading edge resurfacing technology. Pending the completion of due diligence, an acquisition date will be set. The acquisition gives Plasticon a major advantage over its competition because Semco, Inc., which has been profitable for years, is seen as the new industry standard in resurfacing by distributors and construction companies.
"This deal is important to Plasticon not only in terms of the synergy of our products," said Jim Turek, President and CEO of Plasticon International, Inc. "It would also have a major impact on our bottom line. Distribution centers are very interested in carrying these products. Since we just signed an exclusive contract with the largest building materials distribution company in the U.S., this acquisition would give Plasticon another innovative product line which will expand our overall market share in the construction industry. We see Semco's product line becoming a major profit center for Plasticon."
Mr. Turek also mentioned that convenience for his company's customer base was a key factor. "This acquisition makes a lot of sense because we are offering our customers one source to go to for the most innovative construction products in the marketplace. Additionally, this deal made sense to Semco, because our distribution contracts are so attractive. It was a win-win scenario."
One of the major applications for Semco's products is the resurfacing work on bridges. Semco, Inc.'s water based resurfacing products, which cross link chemically to the material they are being bonded to, reinforces the density of the surface. In the case of bridges, their waterproof products maximize the strength of concrete and prolong the life of the structure. Concrete durability is a major issue in the construction industry. Corrosion damage to concrete costs the U.S. billions of dollars annually.
"Corrosion damage is best addressed during the initial construction process, not as a band-aid," Mr. Turek said. "Plasticon's products and Semco's products solve the problem up front. With the signing of the new transportation bill, we believe that there will be a major increase in bridge and road construction work. Plasticon's recycled plastic products, which are the most cutting-edge in the industry, have been the preferred products of construction companies for quite some time. And now we can offer Semco's products to our customers as well, which compliments our product line perfectly."
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"This deal is important to Plasticon not only in terms of the synergy of our products," said Jim Turek, President and CEO of Plasticon International, Inc. "It would also have a major impact on our bottom line. Distribution centers are very interested in carrying these products. Since we just signed an exclusive contract with the largest building materials distribution company in the U.S., this acquisition would give Plasticon another innovative product line which will expand our overall market share in the construction industry. We see Semco's product line becoming a major profit center for Plasticon."
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this looks like a good time to buy more i am putting my order in i guess good news has to be much more than good news there is a lot of it out there right now plni,nico drops and the stocks are acting like lumps gtla buy buy buy !!!!!
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lets remember that we have recently had a 500% run in this stock. The initial portion of that run was started here on allstocks when FatherOfTwo posted his charting analysis. Then we had the GreenBaron people jump in. Most of these initial people who jumped in are day traders - people who normally do not go long in a stock and don't trade on valuation but rather buzz and hype.
Those people are always looking for an exit - after all there are profits to take.
IMO the real rise in pps will come when the audit is released. I am expecting 0.02 - 0.03 from that event, and then even higher as we move to the otcbb.
Also, please remember there are real sharks out there who will try to drive down a price just so they can accumulate at less than true value. Its how they make their rent - day in and day out.
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Wow...100% across the board after the huge run up!!! Personally i HOPE it falls back to about .0085 area tomorrow so i can BUY BUY BUY...next week they will release something good..IMO
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