Let's look one more time what was being disclosed recently...
Plasticon International, Inc. Increases Profits by More Than 77% While Reducing Operating Expenses
Market Wire, March, 2007
Plasticon International, Inc. (PINKSHEETS: PLNI) is pleased to announce that the Company has filed their financials and has realized a gross profit of $392,886 for the third quarter 2006, which is a 77% increase over the second quarter 2006 gross profit of $221,065. Plasticon International, through the cutback of operating expenses, reduced the Company's net loss by more than 70%.
Plasticon International, Inc. recently announced that the Company intends to make an application for listing of its common stock on the American Stock Exchange. Upon the successful acquisition of AV-CB Developments, Plasticon believes that its balance sheet will satisfy the capital requirements that will allow the Company to submit an application for listing of its common stock on the American Stock Exchange. If current plans continue to hold and subject to further negotiations, the Company anticipates that the acquisition of AV-CB may be completed within the next 30 to 60 days.
s: ...
This financial statement represents the dedication of our team to the continued improvement of our company, as well as reflects our veracity and ability to follow through. We have set a goal for ourselves and we are working diligently to accomplish our ambition of obtaining a listing on the American Exchange," stated Jim Turek, CEO and President of Plasticon International, Inc. |
