Plasticon International, Inc. (fka PLNIQ)

[fynley]

I've been saying all along that Turek has the most to lose since he is the largest shareholder and has a ton of his own money invested in PLNI. He tried to do too much with to little capitalization and this is the result. His actions today prove to me that he is trying to protect his own interest in PLNI as well as ours. I'm no expert on Chapter 11 reorganizations but many times the shareholders do lose their equity. This is an attempt by JT to protect whatever equity he can. JMO.