Plasticon International, Inc. (fka PLNIQ)

[Sekrah]

So you think the only new shares added to the float were the restricted shares already out there?

Here's some future shares issuances to look forward to if PLNI is still failing to turn a profit in 2007 (which is very likely IMO)

* Fees of Big Apple Consulting

* $342,681 owed to the IRS. If the price was 0.0003 it would have been 1.14 billion shares. 856m at .0004.

* $485,692 in notes due in 2007. 1.21b at .0004.

* Conversion of $7,529,660 of Subscribed Stock. Even using your conversion theory (which I believe is wrong) will be into the billions of shares (I forget the exact number you came up with and we still can't get any answers from Turek about this issue).




To understand their financial mess.. from the 10-Q.. http://www.pinksheets.com/quote/print_filings.jsp?url=%2Fredirect.asp%3Ffilename%3D0001019687%252D07....

In August 2006, the Company entered into an agreement with a vendor to convert $400,361 of payables due to subscribed common stock.

In August they couldn't afford to pay a vendor payables due! They hooked them up with some subscribed stock that would go for a tad over 1 billion shares at current prices.

What makes you think they aren't still subscribing up stock to pay these vendors? And the vendors aren't holding onto shares of a company that can't afford to pay them! Those babies hit the market (prepared for your, You Don't Know That! speech).

Do you honestly think this is a healthy way to run a business?