SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Microcap & Penny Stocks : PLNI - Game Over -- Ignore unavailable to you. Want to Upgrade?


To: scion who wrote (11068)8/20/2007 9:29:44 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 12518
 
By: lancej
20 Aug 2007, 11:48 AM EDT
Msg. 79457 of 79477
(This msg. is a reply to 79446 by xrayviscion.)
Jump to msg. #

My post on Telco Blue, and how the scammer Turek transferred some $800,000+ out of PlastiCON and to Telco Blue appears to have been deleted from the Telco Blue message forum.

Basically you can pull up an SEC filing made recently by Turek regarding a 2005 transfer of over $800,000 out of PlastiCON and paid to his company Telco Blue. As you dig and try to find out exactly what this transfer was for (for a microcap stock, this is a HUGE amount of money), you are told that it was for a monetary loan where Telco Blue loaned PlastiCON some $800,000 in cash, and now PlastiCON was paying it back.

The problem I have with this bogus scenario is that if you look through all of Telco Blue's filings, you will see that they've never made any money at all. They are a 'development stage' company, going hundreds of thousands of dollars in the hole. They don't even have a product fully developed yet, and they certainly didn't in 2005 when this supposed $800,000+ loan was made to PlastiCON shareholders.

So the logic is simple, if Telco Blue is a development stage company without any earnings at all and going into massive debt, and without even a product for sale in 2005, then how did Telco Blue loan Plasticon $800,000?

(Voluntary Disclosure: Position- Long; ST Rating- Strong Sell; LT Rating- Strong Sell)

ragingbull.quote.com

=====

By: bluegrass888
20 Aug 2007, 03:17 PM EDT
Msg. 79462 of 79478
(This msg. is a reply to 79457 by lancej.)
Jump to msg. #

the money went to deborah vandyke......there is no telcoblue...it is just loaning all around to keep it safe and hidden. ask jim about ms. vandyke and theire relationship.

ragingbull.quote.com

=====

By: bluegrass888
20 Aug 2007, 03:18 PM EDT
Msg. 79463 of 79478
(This msg. is a reply to 79458 by xrayviscion.)
Jump to msg. #

haha...ask to tour this office! NOTHING going on....lots of expensive furniture for ms. vandyke. but that's it! Oh...and a comany name to hide his money in.

ragingbull.quote.com

=====

By: bluegrass888
20 Aug 2007, 03:20 PM EDT
Msg. 79464 of 79478
(This msg. is a reply to 79446 by xrayviscion.)
Jump to msg. #

ask why his interior decorator is senior vp at world sports and his dead beat son is the next vp and why they are both making over $50k to do nothing on a company that doesn't exist?! Mh!

ragingbull.quote.com

=====

By: bluegrass888
20 Aug 2007, 03:25 PM EDT
Msg. 79465 of 79478
(This msg. is a reply to 79438 by lancej.)
Jump to msg. #

Plasticon CAN NOT be turned around b/c he is buying to many cars with the company money, he is buying houses with the company money, he bought his oldest son a house with company money, he is paying for his son's wedding with comany money. every morning he goes to starbucks and mcdonalds with the company money. he doubles all his office supplies to take them home to us witht the company money. He pays his mistress more than everyone else in the office with company money.

ragingbull.quote.com

=====

By: xrayviscion
20 Aug 2007, 04:28 PM EDT
Msg. 79471 of 79478
(This msg. is a reply to 79469 by keynesian1.)
Jump to msg. #
Plasticon Doc 156-7 Exhibit 17

05/14/2007 2833 Deborah VanDyke 6350*** - Travel & Ent. . . 424.29 X -12,658 .18
05/15/2007 2820 Deborah VanDyke 2000000 - Accounts Pa. . . 190 .23 X -13,047 .41
05/29/2007 2845 Kate Vandyke 2000000 - Accounts Pa . . . Office Cleanin . . . 449.50 X -6,080.48
07/06/2007 2873 Kate Vandyke 2000000 - Accounts Pa. . . replacement ck . . . 337.13 -22,856.25
07/16/2007 2879 Kate Vandyke 6100*** - SG&A :6390 . . . Office Cleanin . . . 341 .25 -7,389.

ragingbull.quote.com

=====

By: bluegrass888
20 Aug 2007, 06:58 PM EDT
Msg. 79474 of 79478
Jump to msg. #

502-316-2813

ragingbull.quote.com

=====