SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PLNI - Game Over

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: scion who wrote (4899)6/18/2006 8:43:37 PM
From: scion  Read Replies (3) of 12518
 
Urgent Need to Clear Up a False Rumor
Green Baron - Thursday, November 3, 2005

Plasticon International (PK: PLNI)

Urgent Need to Clear Up a False Rumor

It appears there are rumors circulating that may be causing the major drop in PLNI shares over the past four days. The Company has stated to us that the total issued and outstanding for Plasticon has never surpassed two billion shares. Apparently, Plasticon increased its authorized share count recently to five billion shares, but Jim Turek and Bill Howe have assured us it has not issued any of these new shares to date and may never do so. The rumors may stem from some people assuming the Company had already issued all those shares into the market.

In conversations with CEO Jim Turek and Bill Howe last night, The Green Baron Report was told that the total outstanding shares are still fewer than two billion shares. In fact, Jim Turek stated it is the intention of the Company to still reduce the number of shares outstanding and that Plasticon has a very interesting and creative reason for the increase in its authorized count that shareholders will likely applaud. Please contact Plasticon International directly for more details.

72.14.205.104
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext