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

To: scion who wrote (11458)	10/2/2007 11:33:05 AM
From: scion	Read Replies (1) \| Respond to of 12518

e. Many of the LEXREAL loans (Exhibit 7) contain oppressive terms that cannot be justified by any valid business purpose. The loans are all convertible into Plasticon common stock at a rate of $0.0001 per share. In addition to carrying a 10% interest rate, many of the notes require an upfront closing fee of 100% of the loan amount payable in Plasticon common stock again using a rate of $0.0001 per share. Some of the notes even contain a default interest rate of 20% daily. I declare under penalty of perjury that the foregoing is true and correct. Executed on September 14, 2007. /s/ John Todd Wright John Todd Wright Bankruptcy Analyst 100 E. Vine St., Suite 500 Lexington, KY 40507 (859) 233-2822 Doc 215 09/14/2007 215 Affidavit of John Todd Wright, filed by U.S. Trustee (RE: related document(s)156 Motion to Appoint Trustee,, filed by U.S. Trustee U.S. Trustee). (Daugherty, John) (Entered: 09/14/2007)