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


To: Jeffrey S. Mitchell who wrote (4902)6/19/2006 6:10:40 AM
From: shortsinthesand  Read Replies (1) | Respond to of 12518
 
thats a whole lotta shares? Wonder where it stands now.

I see nothing has been updated on the company page to reflect this new information on Pinksheets as of today 19/06/2006.

Outstanding Shares: 3,727,740,100 as of 2006-01-31

Estimated Market Cap: Not Available
Authorized Shares: 5,000,000,000 as of 2005-11-21
Float: 2,304,576,805 as of 2006-01-31
Number of Shareholders of Record: 5,000 as of 2005-12-07



pinksheets.com



To: Jeffrey S. Mitchell who wrote (4902)6/19/2006 1:11:04 PM
From: scion  Respond to of 12518
 
We have been promising our members an exclusive Green Baron webcast with CEO Jim Turek and Senior Consultant Bill Howe as soon as audited financials were filed. The Green Baron Report has already been in contact with them and they have kindly accepted our request for a webcast interview. We hope to have the webcast interview available by the end of this week, and will ask many of the questions you have sent us over the past several months.

Monday, May 8, 2006

Special Update from GB!

Plasticon Intl. (PK; PLNI)

News Alert: PLNI Issues Press Release before Market Open

Plasticon International Inc. Completes Audited Financial Statements

On Tuesday, April 25, The Green Baron Report provided an update on Plasticon International following the Company’s announcement it posted its disclosure document and unaudited financial statements with www.pinksheets.com. Our update was intended to assure our members that we were staying the course and still expected the Company to make good on its promises over the past year. Since the press release, chatter on the message boards warn that the Company would never file audited financials, conduct a buyback program, file to go on the Bulletin Board, or explain its shares structure. Still others are scaring investors with unfounded rumors like an imminent reverse split.

We believe scare tactics have helped contain the upside in PLNI share price till now. PLNI stock has given back the entire rally on April 25 to close once again at .0042 per share on Friday May, 5, the same closing price it had back on April 24. Adding to the concern, it appears the newly merged TD Ameritrade is asking many of its clients that hold Plasticon stock to move their accounts. We still cannot get an answer from Ameritrade why they would want to cast aside good clients other than that it was a “business decision”. It looks to us like some pencil neck at TD Ameritrade may soon need to peruse the classifieds for a new job.

Today’s press release confirms that Plasticon has filed audited financials, will follow through with a buyback program, and fully intends to go to the Bulletin Board. The Company recognizes the need to further explain its share structure and the current condition of the company. It appears that Plasticon is very excited about numbers from the first quarter of 2006. CEO Jim Turek states, “These numbers will clearly show a dramatic turnaround in the sales and earnings of the Company and demonstrate unmistakably that the Company has turned the corner has now begun the initial stages of its growth years.”

On April 25, 2006 The Green Baron Report said, “Most importantly, we firmly believe that Plasticon still has absolutely no intention to reverse split its shares.” In today’s news that strictly refutes the reverse split rumors it says, “…the Company wishes to be clear that there are no plans for a reverse split now or in the future.” CEO Turek adds, “The Company fully intends to address the restructuring of Plasticon’s issued and outstanding shares through the buy back program, and we fully intend to commence the buyback in the very near term.”

We recognize that a lot of Green Baron members own Plasticon judging by the amount of email we receive. We have been promising our members an exclusive Green Baron webcast with CEO Jim Turek and Senior Consultant Bill HOWE as soon as audited financials were filed. The Green Baron Report has already been in contact with them and they have kindly accepted our request for a webcast interview. We hope to have the webcast interview available by the end of this week, and will ask many of the questions you have sent us over the past several months.