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Market cap just increased again! From PinkSheets:
Estimated Market Cap: 16.1M as of 2006-01-04 (based on Outstanding Shares as of 2005-12-07)
Being stuck at .007 today is not a bad thing. But if it persists into the future you will have to sell for the good of the company and its more fortunate investors.
Nice consolidation so far to hold gains. Looking forward to next push up.
You're right, he doesn't own the building YET and won't because the DEAL is most likely tied to PLNI getting SEC approval on the share restructure and listing. That is IMO the most likely scenario PENDING APPROVAL and the reason why there are no filings of record yet is because they have not submitted the application yet. Most likely waiting for 4th quarter results boosted by the product they have been making at ProMold and selling to be added to the final audit figures.
New market cap from PinkSheets:
Estimated Market Cap: 13.34M as of 2006-01-03 (based on Outstanding Shares as of 2005-12-07)
The after hours ASK spread is really interesting.
You should be asking Penny the. But I think it will take alot more to get him to sell any. Although, with this kind of volume 1mil or more bought and sold a few times would turn a nice profit from low to high and back in again.
Isn't that covered under the don't ask don't tell policy? Or send a private message?
4.25mil just ran through @.0072. Rather odd!
Definitely the skunk at the party.
I think you're right. Probably won't hit a pullback of any notice until we get close to .02 again and then only if there is no news to keep pushing this farther.
Right on brother!
Can you get us some shots of Mr. T leaving the building?
Seems like the horse is in the starting gate and chomping at the bit. Could be another nice day of green.
Actually, it's been two good days in a row!
Are the nabbering nabobs of negativism really gone?
Shorts, those 200mil recently retired shares could have come out of his pocket with more to come? The salary he is getting may be ncessary for him to carry his liabilities? We don't know yet. We do know that the man has suffered financial difficulties in his efforts to make his company successful and stands to lose alot more than we do if this tanks. Happy New Year!
This could be one of those stocks that takes of like a rocket and never looks back. When to pull the trigger on this one is going to be tough call 2nd.
You're right, it could be a scam and Turek and co. are not fools. They could be really slippery characters that know exactly what they are doing. I thought alot about both scenarios. We have a guy chasing his dream who might say or do anything to make it happen and at our expense for believing him (and trying to cash in). But, I don't think he would have come out with the PR today if he was ready to shake everybody and their money loose. He is clearly trying to keep the faithful and their investments in place.It's going to be an interesting dance to see how he is going to grow or at least maintain share price and do a buyback at the same time. It would seem that only some type of guaranteed deferred dividend for voluntary share retirement would work under that scenario. Maybe he is going to retire some of his shares under that plan. It's fun to speculate. Hope you are feeling better. Happy New Year!
Hooray for the man of plastic!
Okay, so we get our pep rally pr to make us all feel better and to sort of satisfy the promise of big news before the end of the year. Great! I like to see green for a change too. But I gotta wonder why they even bothered. If they haven't already been buying back shares why would they release a pr that they know is goung to bump up sp and make it more expensive to do the buyback in 2006 they just announced?
This is the second time you asked Rook so I'll try to help. JHollen, depending on who you ask or believe, is either someone who has been an enthusiastic long a longtime on this stock and holds 9 or 10mil shares and posts on multiple boards under that moniker, or he's a paid pumper who owns no shares and uses several aliases on different boards.
I think after that announcement was made they had an opportunity to acquire their own production capacity in ProMold and realized that was a good thing for the company and worth the negatives they would suffer from a postponement of the audit. Ditto for Semco. The promise of an audit actually goes back to when the company was still Wicklund and looking to buy Xylox which fell through. The carrot of being in control of their own production facility has been dangling in Turek's mind for a while. IMO.
Rook - Last May this thing ran from about where we are now to almost .02 in less than 30 days and on much less news than we are expecting now. IMO there is a lot of stuff going on now behind the scenes that nobody on the outside knows about and if it all comes together as advertised we should have a real nice run. At this point, I don't really know what's holding the price from going lower on no news and a lot of negative speculation. Must be something good going on.
If Turek IS buying back shares the lower the sp the better AX. He did say the new share structure would be in favor of long term shareholders. With only 5K noninstitutional, mostly small time shareholders he could say good riddance to most of them without losing much at .004 and then ramp this stock up with a real PR campaign delivering on what we have been waiting for a long time. We are dispensable and easily replaced. GLTA.
Thanks for reminding us Taki. Sounded great then and even better now. Let's hope it will come to pass.
Seems to be a lot of activity for a supposedly dead end of the year trading period.
A billion shares @ .008 average would be 8 million $. I don't know how much either of these companies are worth but 8 mil does seem on the low side.
Hey Shorts! Like you say, call it as you see it. It's only opinion. I have had the misfortune of owning this while it was still Wicklund. I have a much larger position now because of what was being said by Mr.T as I assume others do as well. Lies? Intentional misrepresentations? Good intentions gone bad? Whatever. They have been careful not to make any more public pronouncements and have used back channel, unofficial statements to hold up share price and prevent a major sell off while selling there own shares (IMO of course.) If they don't deliver on the announcements they have promised "unofficially" before the end of the year, there will be a major sell off (IMO of course). And then we'll all be longs whether we like it or not. Happy Holidays!
When I spoke with him last week and asked him about the timing for the release of the three PR he said he has seen major PR released on consecutive days like "Tuesday, Wednesday and Thursday for example....markets closed Monday. GLTA.
How many shares would it take to "privately" finance Semco and ProMold?
Hey Lem! Does anybody really know what it is? We were all blindsided when the PinkSheets were updated. Could happen again couldn't it?
Fianlly, some green. Did we hit bottom? Hopefully more to come.
Rook! Move over...This has been the first board I have ever posted on or followed for that matter and I have found it useful for the most part. I looked at RB today for the first time and read back through alot of the posts and it's really a zoo.I understand now why some here seem to over react to people they think have ulterior motives for posting here. Is there really an underworld of shady posters trying to manipulate investors ( I do know Nano zapped poster DickHugeDick who had an interesting message about a suspicious group stock buyin)or is it it just good old BS misconstrued as intentionally misleading? It's hard to know what to believe after a while.
Love the VP's last name Lem! Looks like they could've helped PLNI.
Breaking even is starting to look pretty good about now X.
Shorts, Pretty depressing reading. What do you know about the Worm?
A lot of us are hoping it will Stoli. I guess we should've got out when Balder did and kept our powder dry until now. Oh well,cost averaging has helped. This thing is either going to explode or implode and we should know soon.LOL.
Last time I spoke with Rodney he waffled on whether or not the share restructure plan would be announced before the end of the year and indicated they were still working on its details. Today when I asked if all three of the pending issues would be addressed he hesitated and said he had seen drafts on several issues and when asked confirmed that "several" meant more than two. He also said he had probably said too much at this point. My take is that the share restructure plan has been or still is a work in progress and that the other matters already setled have not been announced for reasons related to the restructure.
For what it's worth, I just got off the phone with Rodney and he told me the PR's concerning the acquisitions, audit & app. and the share restructure are "imminent". He has seen the drafts and is still expecting them to be released prior to the end of 2005. I know this means nothing until they are released and the info made publicly available.