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

To: Captain James T. Kirk who wrote (11544)	10/8/2007 12:54:49 PM
From: scion	Respond to of 12518

d. James N. Turek, president and sole director of Plasticon, issued to himself as compensation 3,603,771,000 shares of common stock of Plasticon with a market value of $14,846,168 on the date of issue; e. During the fourth quarter of 2006 Plasticon identified $720,000 in debt that was incurred in 2005. Proceeds from the borrowings were deposited with LexReal Co., LLC, which is owned by James N. Turek. The loan proceeds due to Plasticon were offset against amounts owed to LexReal on Plasticon’s books at the loans were incurred in 2005, but the loans themselves were not recorded on Plasticon’s books. The loans were subsequently called requiring Plasticon to provide 270,296,888 of common shares in satisfaction of the notes. [...] Plasticon’s Post-Petition Conduct d. Plasticon has borrowed money post-petition without authorization of the court. The cash receipts log provided by Plasticon reveals that $102,332.90 has been loaned to the Debtor by James Turek and LexReal Co., LLC; 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. 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) Message 23883464

To: Captain James T. Kirk who wrote (11544)	10/9/2007 12:27:52 AM
From: Jeffrey S. Mitchell	Read Replies (3) \| Respond to of 12518

Posted by: stokednvegas In reply to: rrm_bcnu who wrote msg# 32361 Date:10/8/2007 9:28:18 PM Post #of 32364 From: Captain James T. Kirk Read Replies (2) of 11547 Lol! I think we need the Issued va Outstanding Audit to determine once and for all if there were illegal short sellers involved in this fiasco. If there were, then they have the money. rrm Rrm, can you explain to me how short sellers MADE Turek promote, create and sell shares of Plasticon? ------------------------------------------- Easy: First IN MY OPINION: JT is/was not smart enough on his own thinking to conjur up such a shell and pea money swap game without some outside (offshore specialists) help/ instruction. ie. PLNI/ lex real, tblu . Now Keep your eye on the pea >>>http://www.youtube.com/watch?v=aMO8sQHIze8 He was just the puppet/sucker who fell for the trap, while the real pepatrators behind the scenes helped educate him how to manipulate for a fee (probably paid in ca$h at a nightclub in vega$ under the table)...IMO ;) These clandestine manipulators are clever bunch leaving behind no trails back to them in their wake of CEO's of CH 11 companies that put some money aside for themeselves ( probably in panama because switzerland is too common and infiltrated with undercover IRS agents). Hopefully more will be revealed in upcoming investigations/ audits and possible plea bargains for shorter sentences IF found guilty. siliconinvestor.com =============== Wow! That's so darn close to what really happened it's scary. Except, though, for the part right after "In my opinion:". But why quibble? - Jeff