Plasticon International, Inc. (fka PLNIQ)

[fynley]

Maybe it was a "Tempest In A Teapot". I couldn't hear the interview on my computer but from what I'm reading it would appear that the Ch.11 was provoked by a disgruntled creditor(Murphy) why apparently felt he hadn't screwed us badly enough when he sold us Pro Mold and was coming back to take another bite. That's what Ch.11's are for is to prevent just this type of situation from developing into a full blown bankruptcy which leaves everyone holding the bag. If JT is telling the truth and that's still a very big if at this point there is still the possibility that we could come out of this in one piece. I still have grave reservations about anything that even remotely looks like a reverse split but I suppose we will have to wait and see what develops there. JMO.