Plasticon International, Inc. (fka PLNIQ)

[jim stop loss]

Herbert. Thanks for the nice response. I would expect to see financials from PLNI after the acquisitions are completed and the cost of acquisitions are written off. That way, they will produce statements that are positive and show a profit, especially with Semco.
The FASB requires that all acquisition costs in excess of book value (Blue Sky) be written off in the year of acquisition since it no longer has any intrinsic value. Previously, you were allowed to write it off over 30 years which seemed senseless to carry a multi-million dollar asset on your balance sheet with no value.
Also, there is the move to OTCBB which might or might not occur ths year. However, I really think that this is one of those long term stocks that you look at and say, "I wish I would have bought and kept it back when....
I also agree that PLNI hasn't been on time with their releases but if you look at the longer term, they are making them all come about.
As I stated in one of my previous postings, they have financials. They have to report to the IRS. I am like you. Other than my DD and the info I have gathered on the company, I would love to see a current statement.