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If you have some sort of proof that E-Trade mistakingly gave you, which shows they do have a short position, I recommend saving/archiving that info before E-Trade deletes it, and make sure to get that info to the company and the proper authorities.
There has been a lot of speculation regarding the brokers being short, but no proof has ever been documented.
If you have solid proof, SAVE IT and get it to the correct authorities ASAP, IMO.
Didnt this company tout Rossman as the man?
When he came aboard, most were saying this is the proof that ACII was legit.
What happened to Rossman? He had all the connections to get ACII real contracts. Yet he is now gone and did not bring in a single contract in all that time?
I have had several phone conversations with the company and quite a few e-mails going back and forth.
To date, not one single thing that was told to me on the phone or via e-mail, has happened. Not a single thing. Some things told to me turned out to be outright blatant lies.
I then started to question many things. Found out certain people at ACII responsible for talking to shareholders have some skeletons in their closets from past failures in which it appears the same is happening with ACII.
Talk to people. Promise the world, Talk about how great everything is and about how they expect huge revenues to start coming in, yet it never happened.
Is the same happening with ACII? R they all smoke and mirrors with lots of talk but no numbers to back up their talk?
I can't answer that, but I do not trust anybody that has been caught in past similar lies.
I will believe ACII is for real when I stop seeing talk and start seeing results. Results meaning Contracts with numbers. Large revenue numbers. An actual real PE, meaning they have actual profits.
ACII is an OTC company. They used to say the LACC process was proprietary and nobody else had the same technology and nobody else could ever use or come up with a similar technology. We now know that is not true as company has admitted it is not proprietary and they will have to deal with other competitors.
These competitors are not OTC companies. They are real busineses both private and public, with established histories.
IMO, ACII cannot compete against bigger more established competitors.
I hope I am wrong, but it is very possible Rhonda will have yet another failed business to add to her resume.
Has anybody done any DD on Rhonda to see what she has done in the past? If you do, be prepared. Her past history is not a very pretty picture.
For ACII's shareholders sake, I hope Rhonda finally gets one right. Her batting average right now is a big fat zero.
Yes. Did you not notice at the time of his posts that he was new with only a few posts? Touting PAVC!!
I would not put too much faith in that ;>)
Cant say I have. Time to accept the losses, accept Turek was a crook (IN MY OPINION) and forget PLNI.
IMO, this has a less then 1% chance of ever coming back or delivering any profits to shareholders.
IF the accusations against Turek are found to be true and if he was indeed a crook that raped and pillaged the company and shareholders, I hope he spends a long time behind bars.
If any people are found to have been in an orchestrated plot to try to harm PLNI, I hope they also wind up behind bars.
If any people were found to have been in an orchestrated plot to pump this stock with false and misleading information I hope they too find themselves behind bars.
((I've never seen any stock that moved from the OTCBB or Pinks to the Grey Market return to normal trading. Has anyone else?))
Yes, I agree. Anybody that see's this as anything but very ugly for PLNI needs to look closer imo.
((but in reality it is sounding really, really bad for Plasticon. ))
Thanks for PM. I agree on all points.
PHGI holding above .01 still.
Crucial area imo.
IF .01 holds, I suspect those buying at .01 - .02 will see very nice gains. IF it cant hold .01, it might get ugly unless we see detailed facts from Mr. Bebee that show this is indeed on the up and up and moving in the correct direction.
Too many unknowns right now. It was nice to see yesterdays PR which reiterated some things he previously had said, which elimnated some concerns, but we still need to see the bigger picture.
If I own x # of PHGI shares, what will I own 1 month or 1 year from now when we still have PHGI, but also have 2 OTC shells with assets from PHGI transferred to the new OTC shells?
The above is what is still unknown and critically important IMO. Until we know the above we have no idea what we actually own. Right now it is x # of PHGI free trading shares. Will I still have free trading PHGI shares? If so, how many? Will there be any value if they are moving assets out of phgi in to the new entities?
What assets will be transferred to the new entities? How many shares will I own of the new entities? Will they be free trading or restricted? What will the value be?
If Mr. Bebee is listening, please explain all of the above. I am sure most longs are asking themselves the same questions I am asking.
Have a GR8 Weekend and GLTY
PR
I was wondering in my head if his posts were considered SPAM.
You are correct. He repeats the exact same phrases in almost every post.
IMO, this is considered SPAM and ALL of his posts should be deleted.
I have a suggestion. Why doesnt everybody simply ignore this poster. Do not respond to any of his posts no matter what he says.
He will then go beserk trying to get somebody to respond and will cross the line enough for us to get him banned from this board and maybe thrown off IHUB.
I am skeptical, I have my own concerns, but I have no desire to keep feeding this poster by responding to his posts. Every response to him gives him more reason to post.
I will no longer respond to him. I hope others follow my lead.
I know how to read, I know how to add. There is no reason 4 U to be posting to me what the volume or PPS is. There is no reason 4 U to post to me about anything.
I do not trust you. I do not trust a thing you say. I think you attempt to deceive by posting your opinions as facts.
Such as
((** note: all record Volume days are recorded on great PR announcement days! Followed by huge drop in price..))
The above is not factual and IMO, should be deleted. Not EVERY record volume day occurs when a PR is issued. Yes, it does seem to have a habit of dropping when a good looking PR is released, but your claims of it dropping huge on PR's is blatantly false. There have been MANY Pr's issued when the PPS only dropped a very small amount. Not huge as you claim in your blatantly false and misleading post.
Not very much is known to be factual right now. Not the good or the bad. Yet you portray all of your misleading opinions as facts.
I am skeptical. I have concerns. However, I have no hidden agenda. You do. That is more and more obvious as I read your posts on several boards.
May I ask why you are such a scaredy cat? You keep sending me PM's demeaning/ragging/insulting other posters. Why R U afraid to post these opinions of others publicly, directed to the poster you are talking about?
My guess is each of these posters have 100 times the brain power as you and would make you look like a fool if you publicly posted your crap to them personally.
Ouch. This does not sound good at all imo.
((ORDER INSTITUTING PROCEEDINGS PURSUANT TO SECTION 12(j) OF THE Plasticon International Inc.,
SECURITIES EXCHANGE ACT OF 1934 AND NOTICE OF HEARING Respondent.
I.
The Securities and Exchange Commission (“Commission”) deems it necessary and appropriate for the protection of investors that public administrative proceedings be, and hereby are, instituted pursuant to Section 12(j) of the Securities Exchange Act of 1934 (“Exchange Act”).
II.
After an investigation, the Division of Enforcement alleges that:))
Yes, noticed that.
And as far as Consiparcy Theorists giving me opinions with a spin, I would prefer to get true and factual answers.
Where R these shares coming from?
Mr. Bebee, R U LISTENING?
Thanks. Great answers.
GLTY/PR
Now what exactly is this trade? 2+ million shares right at end of the day?
Company stated they R not buying. I cant see any retail investor buying or selling $26,000 worth of a Pink Sheet Stock.
So is this dilution?
((t 0.0111 2357000 OTO 16:03:19 ))
Almost 8mil shares traded today. I do not think this was retail volume.
So, is this more dilution?
To Mr. Sands, no need for you to answer this or send me PM's. You fail to understand that I do not care to hear your opinions. The PM's you R sending me about other posters R uncalled for and I will figure out a way to get your PM's to those you are talking about, privately, so as not to break the rules on IHUB.
Please stop sending me PM's. I do not trust you, nor care about any opinion you have about any stock or person.
People that live in glass houses should be careful about throwing stones at others.
Todays PR is what I was waiting to hear from Mr. Bebee. Now, we must realize this is simply a PR from a PS company which could be all smoke and mirrors or legit.
But, he did address most of my current concerns. He did reiterate that they will not take over any shell with liabilities, which I assume means RNVO will be clean or they wont touch it(?)
They did say that the share structure will not be effected by any acquisitions. Yet I assume he means the share structure of PHGI. What I don't quite understand is they already said assets from PHGI will be moved to the new entity(s), but we dont know what assets will be transferred where or in what manner.
If they transfer the main assets out of PHGI, then PHGI wont be much of anything anymore, correct? Meaning we should be more concerned with the new entities being formed and stop worrying about PHGI, as PHGI will be left with minimal assets.
Am I seeing this correctly?
If so, then the main info we need to know is what assets R being transferred where and how do we as shareholders benefit.
If the assets of PHGI will be transferred to 2 new OTC shells and if PHGI is left with minimal assets, then isn't all of this retiring of shares, reducing shares, buying back PHGI shares and etc, simply a waste of time, meaning nothing to shareholders since the value will now be in 2 other companies and not PHGI?
What does the reduction of PHGI shares or the company buying PHGI shares on the open market mean to shareholders if PHGI is not going to be the entity with the assets/value? Is it not meaningless to us since PHGI will not be the entity(s) we hope to see gains/profits on?
Correct? Or am I seeing this wrong?
I wish I could get in to Mr. Bebee's head and see what will happen if you own x number of PHGI shares and then all of these material events take place, assets transferred to 2 new shells and etc. It is frustrating to hold a stock and know material events will occur that will effect your shares, but you have no idea how you will be effected.
Any predictions?
I was sorta thinking the same thing.
That certainly makes sense. Until we get more info, all one can do is speculate.
((We need more information upon which to make an intelligent and reasoned analysis.))
Yep. Right now it all hinges on Mr. Bebee.
I do wish he would speak up concerning the intent to buy a clean shell and what will happen if RNVO is not clean.
We saw what happened to the PPS when he had to clean up the previous inherited mess.
It never recovered and hit a new low today. Hopefully todays .01 print was the bottom.
That seems a bit odd, does it not?
TIA/PR
What an excellent reply. No crap, just the facts/opinions as you yourself see them.
Quite refreshing to see a post such as yours.
You covered a lot of area, much/most of which I agree with.
OT,
I tried qwerty for a name, but every version was taken. Us mentally challenged always go for the easy names ;^)
Nice buy at .011 assuming it keeps going up and the downtrend is over.
R U in this for a quick trade or the long term?
Do you think PHGI is on the up and up and will be successful in the long run?
Rebounded nicely off of the .01 level. Appears to have had a good bit of buying support at that level.
As I said, IF it can hold support at .01, it could provide very nice gains. Those that were able to buy at .01 or .011 are already sitting on decent profits. If it only retraces back to .02, that is a 100% gain for those that bought at .01.
I still think the .01 level is crucial. IF it gets tested 1 or 2 more times and holds, then I assume the bottom has been seen and the worst is over.
If it does break below .01, all bets are off.
Keep a close eye on that .01 area. What happens at that level could tell us if this is going down the tubes or going far higher to the upside. First test of the .01 level looked very encouraging with nice buying volume.
If so, they LIED!
Company stated they suspended buying and may resume in October.
If they R buying right now after saying they R not, ahead of material events that may be positive, I would expect the SEC would not be too happy.
For all shareholders sake, I hope they did not lie and hope they are not buying right now.
((Could be they are buying back some more ))
Can you prove they R currently diluting?
You can speculate they are, but where is actual proof?
Company just retired a large amount of shares and said dilution will not be an issue.
Yet you are saying they are diluting. What proof can you provide other then your opinion which is far from being actual proof?
How many times have I heard this before?
((licking their chops at the buying opportunities.))
Many were saying .05 was a great buying opp. .04 was an even better buying opp. .03 was 'only a fool would not be buying at this level'. .02 was claimed by many to be the lowest this will go and a great time to load the boat.
How can one say .05 is a great buying opp and then say it again at .02 or .01?
Obviously the great buying opp's at higher PPS did not turn out to be great buying opp's as many suggested. Those great buying opp's have turned in to rather large losses for those that took advantage of the great buying opp's.
Those that bought higher have some tough decisions to make. If you did buy far higher, the lower this goes the more it needs to rise for people to break even let alone see profits. Do you wait and hold and expect to see a massive % gain just to break even? Do you sell and cut your losses in case this keeps dropping? Do you risk averaging down on a stock that very well may fall a lot more with only a hope and a prayer that it will go up?
I won't call out any posters but I will say I question the knowledge/agenda of any poster who repeatedly says "it is a great buying opp" and they say it repeatedly as it keeps dropping large %'s.
I still stand by my comments from yesterday. IF it can hold .01 which is a big if right now, then a decent % gain from .01 is very likely. If it does not hold .01, it could get very ugly very fast.
IF this hits .001 will the same people think it is yet another great buying opp?
Hope it holds .01 while we await news. News better be awesome for this to recoup the huge % decline it has been in for quite a long while now.
I also see some posts about people taking profit down here. May I ask how anybody, unless you are short, is booking profit at this level?
If somebody has a trick where they can buy a stock and see it drop 50-90% but still sell at the low for a profit, I want to learn that trick/trading method.
Thankfully, I don't drink Kool-Aid. Not the best of drinks for trading ;>)
Considering how quiet everything is and with many supposed material events upcoming, perhaps they are in a quiet period?
Then again, most disclaim they are in a quiet period.
Sorry about your losses. But don't despair or give up just yet. If this is all on the up and up, it could turn out very well.
Even if it is a sham (not saying it is), it could still go up a lot. Many shams do.
One must assess their own risk/reward/financial situation and do what is best for them. Sell, hold, buy more and average down? Only you can assess what is best for you.
Good luck and I hope you do well.
Me too. Guess that is why I said it ;^)
((I absolutely agree with your statement.))
Great. I am all for it. If it is proven that evil manipulators have harmed this company, I hope they ALL go to jail. If it turns out it was actually the actions of the CEO, I hope he goes to jail.
Bottom line is I hope whoever is responsible for the demise of this company pays dearly. There is far too much crap occuring in the markets. Whether it is evil naked shorts, MM's, paid pumpers, paid bashers, the shammy ceo's and etc, I would love to see action taken to stop all the corruptness in the markets.
With very harsh penalties for those found to have acted in a corrupt or fraudulent manner.
Volume is zero today. I did not ask if anybody was buying today. I asked if anybody was buying PLNI.
I see there was volume only 2 business days ago!
Based on your response, should I assume you have not bought any plni lately? Why not if you think PLNI is innocent and Turek is such a great CEO?
It doesnt get much cheaper to buy.
IMO, even the diehard supporters of PLNI and Turek are losing faith. If not, why are shares not being bought up this low?
Great. Thanks.
I would assume we will see activity on the site fairly soon.
If not, what is one to assume?
I really am disappointed that Mr. Bebee has not made any public comments since they PR'd a deal with RNVO is close and both parties expect it to be finalized soon and we then see what RNVO did to their share structure.
The least he could do is reiterate they will only buy RNVO if it is clean. It is alarming to know that Bebee was aware of the RNVO increase when they PR'd a deal was close to being finalized, yet he has not commented anymore about his original intention to buy a clean shell.
Carnes is a crook, imo. Bebee needs to speak up and be forthright concerning his dealing with Carnes and RNVO. R we buying the shell if it is not clean or will bebee buy it anyway? Him not stepping forward and reiterating they will only buy a clean shell is disturbing imo.
It sure makes one wonder if we are still buying a clean shell or if we are buying another mess.
I will say this. After bebee said they would buy a clean shell, if he ends up buying a messy shell, his credibility will be 100% shot imo. Surely he must know this?
I am also disturbed that we have no idea what assets will be transferred where and how it will effect current PHGI shares and shareholders.
Could this be a ploy to help drop the PPS to allow insiders (or anybody that wants) to buy lower and then after they are fully loaded they release great news?
I would also.
((I would also like to see the trading records of everyone involved in this action))
However, we are not privy to look at individual's trading records.
The authorities can look and I am sure they will if they see that any shennanigans may have occured.
Right now, they are focusing mainly on Mr. Turek, and for good reason imo.
The good part of this mess is the truth will finally be known. There R 2 Camps. One camp defends Mr. Turek and PLNI and claims they were destroyed by evil naked shorts and other manipulators. The other camp believes Turek is a crook and simply shammed investors and milked the company(s) for every penny he could.
Soon enough we will know if PLNI was indeed unfairly killed by unscrupulous people or if it was killed due to the corrupt actions of the CEO.
IMO, Mr. Turek will be found to have been the main cause of the demise of the company and there will be no evidence or action taken against the so called evil manipulators so many think are responsible for the demise of the company.
Currently, all evidence points to the CEO and his possible fraudulent actions. I have seen nothing to lead me to believe this is not the case and others are responsible and Mr. Turek was an innocent pawn that got harmed. It appears as though Mr. Turek has taken a shammy company and pocketed quite a bit of money. How can he claim he was harmed when you look at how much money he was compensated?
The people that were harmed were the shareholders and either the evil manipulators or the CEO is responsible IMO.
IMO, when the verdict is out, it will be the CEO who caused this mess. All in my opinion of course.
May I ask if anybody is currently buying PLNI stock?
A low of .014 today?
I wonder if insiders R buying at this level.
What happens if this trend keeps up and it does not reverse itself and we hit the .01 area?
Will it see solid support and stay above .01 or will it drop fast and hard if that level is breached?
.01 is a very critical area. Most of the time that level see's strong support and heavy buying or just the opposite. Peoples stops being hit, people attempting to limit losses and etc, causes a drastic percent drop.
.01 could be a great buying opp., assuming there is solid support at that level as with solid support it should rise back to .016 -.02. It could also be a terrible buy point if there is not solid support. Without solid support at .01, I dont think we will see these miniscule percent drops we have been seeing. The drop could be very nasty and .001 may be next area to test.
Yes. Supposedly, that is the case.
((..."it IS under construction".))
You say you drive by there daily? If U R not 2 busy, possibly you could keep the board updated as to what is going on there if anything?
It would be nice to know at what stage construction is at and how fast it is moving along.
TIA/PR
EOM
Turek sure appears to have paid and compensated himself quite a large sum of money.
Did he deserve this amount of pay/compensation for the job he did?
Not in a million years imo.
I hope the courts look very, very hard at all of Tureks actions and I hope if they deem he was engaged in any wrongdoings they punish him very harshly.
How can he justify the amount he got paid/compensated along with many other actions on his behalf that look very very shammy, imo?
The guy is a crook/sham artist IMO.
((His testimony would concern his compensation, Plasticon’s purported ownership of certain patents, the expenses incurred by Plasticon during its operations, and events in his personal bankruptcy case that reflect upon his fitness to serve as a fiduciary.
...
09/14/2007 214 Affidavit of John L. Daugherty, 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)
Doc 214
b. James N. Turek received as compensation 5,442,981,629 common shares of Plasticon stock with an aggregate market value at the time of issue of $35,985,952. This is in addition to the salary and bonus of $1,908,000 he was awarded during this period;
c. James N. Turek converted $2,146,173 of debt which Plasticon owed to him into 1,196,876,101 shares of Plasticon’s common stock with a value at the time of issue of $8,234,972.
From -
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)))
I agree
((intent is one thing, but until you seal the deal, it is just that, an intention. ))
So none of the positives should be counted on to actually happen until they do. It is merely intention that very well may never happen.
Thanks again for helping us see things the correct way. I agree with you 100%. Nothing this company says or PR's should be taken as anything but premature speculation or intention until they actually do it, which may never happen.
Premature Speculation?
((and to even suggest PHGI will go in this shell is premature speculation at best.))
Well, they just put out a PR saying they expect the deal to go thru and both companies were working on completing it and both expect it to go thru.
That was in the latest company pr. Yet you are now saying it is premature speculation? So we should then assume every PR they put out is premature speculation? Yes, if you go by your way of thinking.
Quite funny how if the Pr's and words are good, it is all good. If something is not so good it is dismissed as premature speculation. I'll go by Gerliacs way of thinking then since he or she is 100% correct.
All the PR's, every single one they have ever put out, no matter what they say, is all premature speculation.
Thanks Gerliac for helping us better see the truth that every single PR, no matter how positive is merely premature speculation and nothing more.
All good points. However, you did leave out the most important item(s).
PPS is at an all time low. Company only has $4500.00 cash as per the latest filing
((09/13/07 Quarterly revenue growth rate well above 5-year average.
09/13/07 Gross profit margin up sharply.
09/13/07 Quarterly return on assets up significantly.
09/12/07 Receivables have increased significantly more than sales.
))
I agree. IMO, the truth is going to be quite ugly. IMO, PLNI was never legit and nor was the CEO.
((Finally. The ugly truth will finally come out.))
((poiuyt20011, can you please post the Judges decision.))
Did you read my original post where I clearly state it is now in the judges/courts hands and I then asked what some thought the outcome would be? If so, how would I know the judges decision, when I make it very clear there has yet to be a decision rendered as of yet?
((I thought the verdict on Mr Turek was still out. ))
Yes it is. I never said a verdict had been issued. However, IMO I think the verdict will be quite bad for Turek and PLNI.
((I believe Plasticon is far from a sham, scam or whatever you want to call it. I believe they are a future viable business and will uplist to the AMEX given enough time. I have my opinion and you have yours. THEY ARE ONLY OPINIONS!))
You are entitled to your opinions as I am entitled to mine. You think PLNI will be an AMEX stock, is legit and will be successful. I think they are a a sham and will never deliver a cent in profits to any shareholders. I also think, IMO, that TUREK is a crook and I hope when the mess is over, he gets a very harsh penalty IF it is deemed he engaged in wrongdoings. It is also my opinion that he will be found to have engaged in a lot of shammy stuff.
that is my 100% on topic opinion, which I am entitled to, just as you are entitled to your opinion!
I agree 100%. But apparently, we are all wrong and nobody on the planet is concerned about PHGI.
((I was also here from the Vision Works mess. It took me a while just to get the dividend shares I was owed. I have spoken to John through e-mails as others have here. I have to admit the Message boards thing has bothered me from day one. I cannot get over the fact that a CEO of a company who supposedly has all these deals going would have the time, nor would want to waste his time posting. It's hard enough for us investors to deal with paid pumpers, paid bashers and the scamsters. Why would a CEO of a company?
Too many deals going on at once also bothers me. Most sucessful companies find their niche and run with it and go on to more ventures later on AFTER they have steady income. Frankly that is usually a sign of a scam.
All that being said the biggest thing that concerns me is the steady drop of the Share price. Other that that I guess I don't have a choice but to hold. I can honestly say I would never buy any more shares.))
I never said that. I dont expect him to trash Carnes. However, considering they put out a PR saying the deal was almost done with RNVO and we then see billions of shares added to RNVO right after the PR, I would at least like to hear him reiterate that they will ONLY buy a clean shell and IF RNVO does not meet that criteria then they will pass and look for another one.
I do not think that is asking for too much. In fact, all it is is asking Bebee to speak up and let us know his previous words still ring true. We will buy a clean shell only.
Not too hard to simply reiterate his previous words to placate worried investors that may think we are no longer buying a clean shell as previously announced.
((i'm not sure what you want beebe to talk about. the deal isnt even completed yet, and you guys want him to renounce carnes and attack him for authorizing shares? come on.))
That is all I care about and I hope it happens. But is it a crime to be concerned? Especially with a PS stock?
I have found that when I am overly critical and scrutinize companies to death, it helps improve gains and limit losses.
((if completed, PHGI should get a clean shell, without debt, a reasonable OS with supermajority, and a BB listing. beebe is doing what is in the best interest of PHGI shareholders.))