Plasticon International, Inc. (fka PLNIQ)

[fynley]

I've been seeing postings by Lance J. and SuccessinStocks on SI and RB which appear to be putting a positive spin on all of this. While I would like to remain optimistic I'm still taking the attitude that the jury is still out and will be out for the foreseeable future until we start getting some rulings from the court. As far as the issues are concerned it appears that the Ch.ll was done to fend off Mr. Murphy but I'm also wondering if there are other issues and other creditors. Yesterday's fluff PR did little to reassure me that JT and the gang are thinking clearly on just what to do next. Companies do come out of Ch. 11 in better shape than they went in which is the whole function of using this option and I'm hopeful that PLNI will be able to do so, assuming that they are not in such bad shape overall that it's just a stopover on the way to Ch. 7.