R.I.P. Plasticon International
Your demise was not a surprise to most. The warning signs and red flags have been there for three years running now. Many chose to ignore it as they clung on to hope that they weren't wrong. Nobody likes to admit they got the wool pulled over their eyes, but it happens to everybody from time to time.
Jim Turek screwed investors out of millions and millions of dollars. He'll be just fine after all this is done. Those who bought PLNI shares?? They are out their investments. Lesson learned hopefully.
Where there is smoke (The Outrageous PR Hype Machine) there is usually fire (Pink Sheet Scam). It has proven to be the case here as well.
R.I.P. Plasticon International.
I wonder what Turek is going to change PLNI's name to to mask its identity.. Turek is aging, but remember, he has a son with the same name who has many years left. It would be wise to keep an open eye out for that name in the future and warn others about what they have done in the past. Hopefully people listen. Those guys probably made out like bandits the past couple years. Those mysterious overhead costs?! Hah! What a pathetic joke.
Hopefully he fumbled up and violated a law that the SEC can prosecute him on.. I'm sure he'll just use the "Companies go out of business every day, leave me alone" line used by many a pink sheet schemers.
