The Two Main Issues - What the audit needs to show is that the company has established a revenue stream. It doesn't have to show earnings yet as there are many legitimate reasons why a start up company like Plasticon needs to re-invest every penny in ramping up the company business. Additionally, many things need to be written off early in the game to provide for future growth.
As I mentioned previously, the actual float size for this company is not that large, roughly 400M shares. The other shares are held in the company, largely by Mr. Turek, and what he does with them is another matter. Any attempt by him or other company officers to make a quick buck will destroy the limited credibility they now enjoy.
Lastly, acquisitions need better explanations than what we have received so far. What exactly is the game plan? Perhaps a letter to the shareholders by Mr. Turek would be in order here. JMO.
