1 dunno 2 yes, goto a financial site and read them pinksheets,yahoo finance...... 3 2006 has not been released 4 won't know till the 2006 results come out, but i am on the bullish side.
Ps. You really should spend some time learning before even considering pinksheet stocks unless you are just into gambling as pinksheet stocks are not to far off the casino.
(1) When is the Buyback of shares scheduled (as Turek explained in May or thereabouts)?
The buyback is expected to either immediately precede or follow the uplisting to the OTCBB. That process to execute the uplisting has commenced according to yesterdays GB interview.
(2) Have the audited financials been released to the public?
The 2006 Q1 and Q2 financials have yet to be audited. When filed shortly they will remain unaudited numbers until the 2006 10-KSB is filed, although the audit field work is being accomplished in near real-time to ensure timely 10-K submission.
(4) Are you, as a shareholder, satisfied as to where this company is headed? What changes do you wish to see?
Generally, I am satisfied that PLNI has attempted to do the following based on the audited financials and statements:
(1) Increase shareholder value through acquisition of Pro Mold, Inc. and Semco Manufacturing, Inc.
(2) Address existing debt through equity financed payment.
(3) Increase revenues by implementation of strict quality control procedures at Pro Mold, in coordination with Blue Linx engineers, for Plasticon's concrete accessories products.
(4) Increase corporate fixed assets and production capacity by the purchase of high end Toyo and Toshiba injection molding machines currently dedicated to the Blue Linx contract.
Generally, I am dissatisfied that PLNI has restricted it's communication of rationale with shareholders during periods of equity sales. Many long shareholders might have endured the dilution if PLNI had been more open with them. In addition, PLNI has chosen not to correct previously announced actions or statements which have had a negative affect on many shareholders.
Changes that would materially improve shareholder relations with the company are really needed. A monthly shareholder newsletter, mailed directly to shareholders of record, containing both achievements and challenges is something that would dramtically alter shareholder perceptions and loyalty.
"Individual commitment to a group effort -- that is what makes a team work, a company work, a society work, a civilization work." - Vince Lombardi
Let is clarify that shall we? It is NOT a BUY BACK, the company is not spending any money to buy back any shares. They will be creating a restructure of some kind relying on the investors to put their shares on hold????, so whether or not that actually PERMANENTLY reduces the OS remains to be seen. Of course to OS today could be 10 Billion, who knows.
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