PLNI - Plasticon International, Inc. (Bulls Board) Message Board

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Technology Stocks : PLNI - Plasticon International, Inc. (Bulls Board)

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From: ThinkingBig	11/14/2005 11:38:11 PM
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Subject: Posted by: rrm_bcnu on IHUB!!!! I had the opportunity to discuss the acquisitions and coming announcements with Bill Howe 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 investorshub.com I asked if the above points could be shared and he stated that all above could be freely shared and discussed. My recommendation... Buy all the PLNI stock you can afford.

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