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: Lance Jepsen who wrote (5048)6/27/2006 11:24:04 AM
From: scion  Read Replies (1) of 12518
 
[...]recall the old adage, "Do not invest more than you are willing to loose[sic]".

UPDATE: April 25, 2006
[...]
Outstanding Shares

The company has increased the number of outstanding shares as of April 2006 to over 13 billion! This has had a dilutive effect with the share value falling in half each time the outstanding shares has doubled. This activity is already priced in to the currect value of the stock; however, there is no guarantee that the company will not do it again although we view that as unlikely as 13 billion already seems like an incredible number!

The company has promised that at some future point in time, the outstanding shares will be addressed via the mechanism of a share buyback and retirement, and this issue is second to their primary goal of releasing audited numbers for 2005 and first quarter 2006, which they continue to make progress on.

Action to Take

This is an extremely high risk investment. But like all high risk investments, this stock has a staggering potential to rise 1000% or more over the next several years (provided that no illegalities have occurred such as false press releases).

Go to Plasticon International's website at: plasticonintl.com
Investigate their product lines further and make sure to click on the "Online Press Room" and read all the press releases over the last year.

If you are still interested in this outrageously high risk investment, recall the old adage, "Do not invest more than you are willing to loose."

traderflash.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News