Plasticon International, Inc. (fka PLNIQ)

[Han2004fl]

it is probably done via debt financing with convertible feature. It's not direct dilution but at the bottomline it is. But it's in exchange for something very valuable.

how else will they get the money for the acquirsition. I think Investors who have done their DD know that SEMCO acqusition would add to share counts eventually.

This could be via private placement with restricted term.

Just think for a second. 1.4 billion more shares at avg .005 = $7 millions. Those $7 millions go to lawyer, auditors? I don't buy it.

It's going to SEMCO.