Plasticon International, Inc. (fka PLNIQ)

[fynley]

What is the current status of PLNI? Are we still in Chapter ll or has it turned into a Chapter 7? Apparently the court has appointed a receiver to take over from Turek in order to satisfy the creditors but I hadn't heard what actions he has taken since I am unable to follow events on a daily basis. It would seem that we are heading into Chapter 7 as the only solution to PLNI's problems and that the creditors are going to end up with pennies on the dollar and the shareholders are going to end up with zippo. I know some of you are enjoying a final round of bashing and letting us know you were right all along and I wish you would keep your gleeful commentary to yourselves, especially those of you who probably never had a dime invested.
One thing I think we should also discuss among those of us who have been screwed by this charlatan is how it might be possible to have him put in jail. If they can bust Martha Stewart they can certainly nail this creep. At his age it would amount to a death sentence. JMO.