Replies to post #14601 on Plasticon International, Inc. (fka PLNIQ)

[fynley]

Like you, I can't get it to open. What's the point of using Greenbaron and giving them all that stock if 99% of the people can't hear the interview. I certainly don't feel its worth joining their website to hear one or two interviews a year. Maybe they should publish a transcript of the interview so that we could at least read it.

[Captain James Kirk]

Details:
"Increased authorized shares 13.5 billion for the Buy Back program"
Sounds very odd????????
Final buy back parperwork/program to be completed by Sept. 1st. X date mid-end Sept. Sounds like this program is going to be VERY creative....hummmmmmm, should keep a close eye on this.

Talks about control of product line now with Promold, dedicated machines making BlueL product.
What product does PLNI make? What product does PLNI sell? How does PLNI make money?

"Profits for first 2 Qs in '06 more than total sales in all of 2005". Bill says the company is not yet profitable due to ENORMOUS over hang and costs. He speaks of products, what are the PLNI products?

So, in a nut shell, PLNI relies on money made by SEMCO and Promold, no talk of PLNI making money from any product directly created and sold by PLNI.

"We have no control over the auditors". All late filings will be soon up to date......'06 "should" be complete by the end of the month, then they will seek listing BUT at the present time, NO reverse split, will do it by the buy back program.

"Positive earnings per share by the end of '07" so says Bill.

Plastic Lumbar markets:
"I am not sure the direction we are going to take presently, says JT, I am not sure we can compete in that market anymore". Looks like he will focus on the sinage market.

PE & Multiple, Bill don't want to address that at this time, "too many shares issued".

"Plasticon has the largest distribution network, unchallenged in size and reach"....distribution of what?
Hoping for rebar support sales piggy backing on SteelLinks sales. Hummmmm.


Pay close attention the the final comments. Its still all about positioning and trying to get their products & services sold.

So in a nut shell, they make plastic rebar support and SEMCO has surfacing materials, could not get any other information.

No mention of SEC inquiry, reasons for AMERTD restrictions.