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Technology Stocks : PLNI - Plasticon International, Inc. (Bulls Board)
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From: seapick1/19/2006 9:03:57 PM
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Just for fun while we're all here and waiting, I thought it would be interesting to suppose some possibilities of the impending stock restructure. Here's my take, worth two-pence or less:
If I remember rrm's post about "Sec approval," it was necessary only for mergers. (If I'm wrong on that, the rest of this is just total malarky...which is a strong possibility anyway!) It's far back on the board, rrm, but worth reposting for us to see (how soon we forget!) So how about a reverse split merger with the stockholders participating in, not Plasticon (which I doubt will show significant profit), but a merger of the three companies under a new name (scratch the shorts - I believe they'd have to cover.) The merger would bring stockholders in with the same or higher percentage of the total company shares based on the profits of all three companies - thus, a higher PPS than a traditional reverse split.

That's it in short (oooo that awful word!) Shoot me down and tell me your idea of what the stock structure will be like. A straight reverse split will kill the company dead away...it's got to be more.
And it's got to get rid of a few billion shares to move on to the BB. Now as to the 5 billion shares on tap? Hmmmmm...we'll have to wait and see.
SeaPick
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