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

To: Captain James T. Kirk who wrote (4822)	6/15/2006 8:45:25 AM
From: scion	Read Replies (2) \| Respond to of 12518

It didn't take him long after that outburst to go back to touting PLNI and defending Turek's every move,because he was - In too deep to bail out. ragingbull.lycos.com By: rrm_bn4u 08 Nov 2005, 02:22 AM EST Msg. 19459 of 62577 (This msg. is a reply to 19429 by molson_ice1.) Jump to msg. # Molson... remember this quote?? ------------------------------- ``We believe that the retirement of shares will add tremendous value for our shareholders,'' said Jim Turek, President and CEO of Plasticon International. ``This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares. We firmly believe that this is in the best interests of both our shareholders and the company.'' Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares. ----------------------------------------------- If the O/S hasn't changed, and the float hasn't changed, then how else could this restructuring take place? Certainly not buy [sic] selling into the float!! I've bet my kit that the "innovation" mentioned is some sort of exotic stock dividend to Longs. That means any shorts will have to deliver the shares. All the buying to cover and "spike n' drop" action makes sense if you look at it in that context. rrm ragingbull.lycos.com