PLNI - Game Over Message Board

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Microcap & Penny Stocks : PLNI - Game Over

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To: Jeffrey S. Mitchell who wrote (2128)	1/27/2006 9:55:06 AM
From: scion	Read Replies (1) of 12518

It fits the pattern. ... given that audits are not effective until the SEC approves them, which can take an indeterminate amount of time, the recent spate of PLNI press releases -- by PLNI's own definition of "pending SEC approval" -- are false and misleading. The Business Plan was made available to the public. The business plan claims PLNI is a leader in plastic lumber. The business plan also claimed: 4) Plasticon will sign a letter of intent to acquire US Plastic Lumber www. usplasticlumber.com/ This transaction has been agreed upon in principal(sic), a letter of intent will be signed this month. BUT US Plastic Lumber which went bankrupt is now TRIMAX. Business plan financial projections included the plastic lumber and USPL numbers. Has PLNI amended their business plan or issued a public statement about USPL being in the throes of bankruptcy and all matters concerning USPL would have to be approved by the US Trustee in bankruptcy? No. New owner gives USPL new name: Trimax By Michael Lauzon PLASTICS NEWS CORRESPONDENT CHICAGO (Jan. 13, 2:50 p.m. EST) -- U.S. Plastic Lumber Corp. has been reborn as Trimax Building Products Inc. after a troubled bankruptcy. plasticsnews.com

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