Replies to post #25711 on Plasticon International, Inc. (fka PLNIQ)

[Pawsy]

yeah, what you said and stuff

[Sekrah]

cimarron, the potential of PLNI is limited. They only realized 23% gross margins on their revenue in their 9 months ended Sept 30, 2006.

On $4.76m revenue, they got to keep $1.05m of that revenue.. and they spent $5,130,698 on just selling and general
administrative costs!!

At these margins they'd have to do $23 million in revenue just to cover selling and general administrative costs!! They are nowhere even close than that.