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Microcap & Penny Stocks : PLNI - Game Over -- Ignore unavailable to you. Want to Upgrade?


To: Captain James T. Kirk who wrote (4525)5/31/2006 8:46:35 AM
From: scion  Respond to of 12518
 
According to the letter sent out by TD Ameritrade dated April 13th, 2006...

Important Message for Plasticon Shareholders With TD Ameritrade Brokerage Accounts: June 1st Deadline Approaching

Wednesday May 31, 8:35 AM EDT

Plasticon International, Inc. (PLNI) wishes to inform its loyal shareholders that have Plasticon shares with TD Ameritrade that the deadline for transferring your account or requesting your shares be put into certificate form is this Thursday, June 1st, 2006.

According to the letter sent out by TD Ameritrade dated April 13th, 2006, Plasticon shareholders holding PLNI stock in TD Ameritrade accounts must either have a transfer in progress to another brokerage firm, or request that TD Ameritrade put your PLNI shares into certificate form and send them to you, by this Thursday, June 1st, 2006. If your account transfer request has not been initiated or you have not initiated the process of putting your shares into certificate form by the close of business on Thursday, June 1st, 2006, TD Ameritrade reserves the right to liquidate your account. Should you fail to take action and TD Ameritrade liquidates your PLNI shares, you may, depending on what price you purchased PLNI shares at and what price TD Ameritrade liquidates the shares at, take a loss in your position. It behooves all shareholders who have not heeded the notice by TD Ameritrade to do so immediately, thereby eliminating the possibility of your PLNI position being liquidated.

We encourage our shareholders to take action by contacting TD Ameritrade today. Plasticon suggests that your request should be made in writing to TD Ameritrade so that the request is documented. Forms may be requested by contacting TD Ameritrade at 800-669-3900 or by logging into your account online and requesting your shares be transferred to certificate form. To request that your shares be transferred into certificate form online, users should: 1) Log in to the account, 2) click on the Account Tab, 3) scroll down to Forms area (the first option is Frequently Used Forms, 4) Scroll down to the S section, 5) Find the Stock Certificate Request Form (web based version), and complete the form online. If you are transferring your account to a new brokerage account, TD Ameritrade requests that you fill out an ACATS transfer form from your new brokerage account which will initiate the process. Correspondence to TD Ameritrade can be faxed to 816-243-3769. Overnight mail may be sent to TD Ameritrade, 1005 N. Ameritrade Place, Bellevue, NE 68005. Additional contact information for TD Ameritrade can be found at the following web site: tdameritrade.com.

About Plasticon International, Inc.

Plasticon International (www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, informational & directional signage and plastic lumber, which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting-edge design, engineering, and production of industrial and commercial products. Plasticon is a green company, environmentally friendly, using recycled plastics to produce its line of products.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.

Plasticon International, Inc.:
Jim Turek, President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com
Contact Investor Relations:
Andrea Cox
Ph: 866 843 2775



To: Captain James T. Kirk who wrote (4525)5/31/2006 9:04:20 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 12518
 
Wow!!! I can sympathize with people who are forced to open a new brokerage account just to be able to trade one stock. Not worth it to me except on principle, but I'd *really* have to be a PLNI supporter for principle to kick in. If others feel this way and have PLNI shares sitting in their accounts, the forced sell-off could get ugly.

- Jeff

P.S. By no means am I saying anyone should sell PLNI in anticipation. For all I know, there are few PLNI shares left in TDAmeritrade accounts to sell anyhow. Just that I've never seen such an announcement, and, on its face, it appears ominous.

P.P.S. Why PLNI waited until the "day before" to write this PR I don't understand.



To: Captain James T. Kirk who wrote (4525)5/31/2006 10:25:57 AM
From: yardslave  Read Replies (1) | Respond to of 12518
 
Looks like Hollen's harassment of TD Ameritrade has really paid off.

I can't recall ever seeing a time when a brokerage has taken such an action like this.