Plasticon International, Inc. (fka PLNIQ)

[DTL]

For those who don't subscribe to RB; more from Wynn06; I am buying more to bring me over 3mm shares:

Spoke with Mike Thornton at BlueLinx.
His # is 1-800-839-2588.

He is the head of sales and pricing for the east coast for the Concrete Accesories division of BlueLinx.
Alicia Babin can be reached also at the 1-800-839-2588 #.
She works with Mike in the concrete accesories division.

Bluelinx is the largest building distribution Company in the US.


First off, PLNI's relationship just got its footing with BlueLInx last summer.
Mike said the initial challenge was getting enough of PLNI's product in all 63 warehouses for customers cannot and will not wait for product. PLNI is well stocked now in all of the east coast warehouses.
Bluelinx EXCLUSIVELY carrys only PLNI's products for many of the concrete accessory plastics!
Mike says that Bluelinx has been selling "Commercial Concrete Accessories" for about 6 years. The main competition is a distributor called Dayton and Meadow Burke. They are smaller, but only sell concrete accessories.

Mike says that BlueLinx is aggressively expanding and selling its concrete accessories division and that as Bluelinx grows so will the sales of PLNI's plastic products that are exclusively sold by Bluelinx.


Mike told me that sales are increasing month over month for PLNI.
He expects "specialized platics" that PLNI sells to continue to grow tremendously in the coming years.
He says that the architects are recommending plastics more and more in their designs.

Mike says that himself and PlNI's customers are very happy with PLNI's products and looks forward and has no doubt that PLNI's products will sell more year over year with Bluelinx.

Offtheraces- Your are correct that the west coast is selling PLNI's x chair very well.
The east coast is selling more of PLNI's slab bolster chair.

In closing, Mike at BlueLinx had nothing but good things to say about the PLNI. The product is selling well in a one of the fastest growing divisions in Bluelinx.
To have the backing and stamp of approval of Bluelinx says alot about PLNI.


Any intelligent thoughts?



(Voluntary Disclosure: Position- Long; ST Rating- Strong Buy; LT Rating- Strong Buy)