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Technology Stocks : PLNI - Plasticon International, Inc. (Bulls Board)
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To: seapick who wrote (2690)12/24/2005 2:00:06 PM
From: rrm_bcnu  Read Replies (1) of 8122
 
I wrote mine. There is a stockgate site that has tons of this type of information.

I believe the share restructuring plans in progress will alleviate the issues.

"As long as the victim company can continue to pay the monthly burn rate, then the game plan becomes to make some of the strategic moves that hundreds of victim companies have been forced into doing which includes name changes, CUSIP # changes, cancel/reissue procedures, dividend distributions, amending of by- laws and Articles of Corporation, etc. "

Re-read the above... makes too much sense. BBD has a post on RB that was clearly an interesting approach to controlling the company stock through conversion of common to preferred. I don't know if that is the plan, but it would be killer to do that since the certificates would need to be delivered to get the conversion... if there were naked shares out there, someone would really want to get them covered or face the music.

Happy Holidays Sea,

rrm
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