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Microcap & Penny Stocks : PLNI - Game Over

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To: scion who wrote (11669)11/8/2007 9:41:10 AM
From: scion  Read Replies (1) of 12518
 
3. In connection with my past involvement in the Stoll Keenon & Park (“SKP”) representation of International Plastics, Inc. (“IPI”) in a Chapter 11 proceeding, the postconfirmation entity (not a SKP client as I recall but I am unsure) issued stock.

I recall that Jim Turek advised me that he had gifted new stock to me and one or more other SKP attorneys shortly following the confirmation of the IPI case, as a personal gift. My recollection is that I declined the gift at that time and told Mr. Turek that I could not, and did not want to, accept any stock from the confirmed debtor, to avoid any appearance of impropriety.

4. The U.S. Trustee has recently advised that my name appears on the Plasticon books as owner of 47,640 shares of Plasticon stock. I do not have any personal knowledge regarding the IPI post-confirmation entity and how it is related to the entity Plasticon.


Doc 299

IN RE:
CHAPTER 11
PLASTICON INTERNATIONAL, INC. CASE NO. 07-50934
DEBTOR

SUPPLEMENTAL DISCLOSURE STATEMENT PURSUANT TO BANKRUPTCY CODE SECTIONS 329 AND 504, BANKRUPTCY RULES 2014(A) AND 2016(B)
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