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: rrm_bcnu	1/25/2006 2:15:42 AM
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Interesting post on iHub... interview estimated to be conducted 18 January 06 by troutman2. Can anyone here confirm any of this? Posted by: troutman2 In reply to: None Date:1/25/2006 12:46:48 AM Some more DD on Plasticon. The following is from a newsletter I get that recommended PLNI. The information is from an interview with Mr. Turek and company consultant William Howe about a week ago. Expect rapid top and bottom growth in 2006, it will be a "breakout year for the firm". A final draft of financials for 2003 and 2004 should be filed in the next 2 -3 weeks followed by audited financials for 2005. On the share buyback. Investors can turn in half their shares with the guarantee to receive twice that amount after a twelve month period(Rule 144 applies). They are looking to decrease the O/S by 25 -30% The company might consider a reverse split, but only if the AMEX required it. The company is in advanced discussions with the AMEX, Plasticon is currently profitable and has no operating debt. The Pro Mold acquisition brings manufacturing in-house, and the company estimates the acquisition will pay for itself in the first six months. investorshub.com

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