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: gopackersgo	9/13/2006 10:13:59 AM
	Read Replies (9) of 8122

I have gone back and forth on whether to post this or not. I don't care whether you buy or sell PLNI. But the information I share now is for a truthful disclosure on the company and Jim Turek. As things have deteriorated in the past few weeks in regards to pps, I have been chasing JT for lack of a better choice of words. At certain points with some investments I make a conscious decision to look a person/my investment in the eye. Is this person a crooked SOB? Does this person know their business? On Thursday of last week I went and met with Jim Turek for three and a half hours. The plane ticket was $1500 and being down $100's of thousands my very pissed off intent was to discover if I had been duped. I arrived in Lexington and proceeded to the new offices...somewhat disillusioned I was halfway expecting to find them not there or some type of BS incubator. I pulled in to the parking lot and looked at two new 5 floor office buildings. On the signage amongst other companies was Plasticon International. I proceeded to the offices. I was met by a sign that welcomed me to the office. I was then warmly greeted by two executive assistants as well as Mr. Turek. I was struck by the professionalism and beauty of the office space. I was struck by the graciousness of the staff. I was struck by Mr. Turek's hospitality. As he gave me the tour of the office space, I paid close attention to the flooring and cabinets. They were gorgeous and unlike anything I had seen in any office space. Mr. Turek explained they wanted to show everyone who came to the offices what a great product they had. The flooring and cabinets were manufactured and installed by SEMCO....and it was spectacular. He spent time going thru the brochures and sample materials produced by SEMCO. It was very impressive. He also went thru all the Pro Mold product set. Again all very impressive and good to see verified and its not just rebar supports. PLNI is complimentary but diversified. Mr. Turek and I retired to his office where in painstaking detail he explained his history and that of the company's. He explained in competent detail the needs of the market and how he got his ideas on plastic supports etc. He fondly recalled visiting construction sites sitting after hours just talking to the heads of crews about there distaste for tying metal supports, the problem moving them etc. It was fascinating to listen to. I also had a chance to ask many questions. Mr. Turek answered all that he could and was careful not to cross any legal boundaries or divulge anything that had not been made public. We then took a late lunch and continued to talk. This is what I left with. Things have not always gone his way. He has made more than one bad business decision. He has been taken advantage of more than once. But here is the interesting part. This man has never lost his passion for building his dream and this company. He is a man of honesty and integrity. He wants this to be a long term legacy business for his children. He is a family man fiercely devoted to his kids. He is simply stated in my opinion a good man. He understands his customer's needs. He understands his complimentary product set. He clearly sees his vision. I'm in...I'm staying in and while I believe there is still much to do I firmly believe this company is destined for success and sooner or later that will be reflected in the pps. Mr. Turek will make it happen in my opinion. Sometimes good guys do finish first and I hope he will. I genuinely liked the man. He greeted me with open arms even though he had received death threats the day before. Good luck to you regardless of your investment decisions. Your investment decisions are your own. I hold very many shares of this stock and am not compensated by the company, its owners or any affiliated party in any way.

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