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

To: Jeffrey S. Mitchell who wrote (12168)	10/3/2008 12:58:26 PM
From: scion	Read Replies (1) \| Respond to of 12518

16) Turek used at least $2.8 million of investor proceeds for matters wholly unrelated to Plasticon’s business and contrary to what was represented to the investing public. For example, Turek used at least $800,000 for matters related to his personal bankruptcy case and he transferred at least $1.8 million to two other companies that he owned or controlled—Promotional Containers and TelcoBlue. Turek also “loaned” some of the proceeds back to Plasticon with interest, and gave some of the proceeds to one or both of his sons. sec.gov