I doubt that he was advised not to comment on the patents at a Meeting of Creditors, by counsel, but you can believe that if you want.
He had already trumpeted patent ownership and their $16-20 million value in press releases.
Our patents were recently valued at $16 million, and were validated by the federal courts of the United States.
Plasticon Takes Major Step Forward in Transition From Pink Sheets to OTCBB
President and CEO Jim Turek Announces That Audit of All Company Financials Will be Completed in Four Weeks
LEXINGTON, Ky., May 18, 2005 (PRIMEZONE) -- Plasticon International Inc. (Pink Sheets:PLNI) today announced that it has come one step closer in the company's transition strategy to move from the Pink Sheets to the OTCBB. An audit of all company financials will be completed in four weeks.
And then there's the Plasticon Business Plan -
Patents claimed by Plasticon in BUSINESS PLAN 2005 - 2008
BUSINESS PLAN 2005 – 2008 - From narrative
B. The prior appraised values of US and Canadian patents were valued at $4,500,000 to $6,000,000. However, in a recent Federal court case Plasticon International’s patents were upheld and revalued by the court placing a current value of $16,000,000. |
