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

To: Jeffrey S. Mitchell who wrote (5552)	7/23/2006 9:20:34 AM
From: shortsinthesand	Read Replies (1) \| Respond to of 12518

...Jeff.. Do you think we will see the over two year long awaited Audit this week as stated in the June 16 2006 disclosure statement from PLNI? RE:Preparation of the Company's 2006 Quarterly financial statements are also in progress. Plasticon's auditors have provided the Company with a letter stating that the 2005 Audit and 2006 Quarlterly financial statements will be completed in 30 days or approximately by the end of July. David

To: Jeffrey S. Mitchell who wrote (5552)	7/23/2006 8:18:16 PM
From: rrm_bcnu	Read Replies (2) \| Respond to of 12518

Thus... "...bankrupted two million-dollar companies by, according to principles of those companies, taking loans out against them and using the majority of the money for personal gain..." Did Turek violate the law doing what you allege? Absolutely So.. Taking loans out against these companies is illegal? What evidence exists that the money was used for private gain? Was he charged? I'm not sure, but I do think he will be. In multiple instances. What laws do you allege he violated? What are the multiple instances? Did these "principles" sue? Some, as you know from Scion has posted, have sued. Others I've referred to have said once Turek went into bankruptcy, it made no sense to sue. We are talking about the two million dollar companies that were driven into bankruptcy. I haven't seen scion post any legal filings about those two companies sueing Turek. Have I missed them? You say someone said to someone that "...once Turek went into bankruptcy, it made no sense to sue." Who said that to whom and when? Are we talking testimony under oath or hearsay? Did they get their money from the deals, and if not why not? Money stated to have exchanged hands in Wicklund filing for acquisitions is said to have never taken place. The SEC has been told of these "inaccuracies." Who said that to whom and when? Are we talking testimony under oath or hearsay? Who provided the allegations to the SEC and why? It seems to me to be very poor business practice to sign over your company without getting a check or other value consideration in hand. I'm sure any lawyer involved with a million dollar company would have advised their client as such. Why do you suppose they just handed the million dollar companies over to Turek for nothing?