Replies to post #7361 on Plasticon International, Inc. (fka PLNIQ)

[spencer_has_arrived]

Look would you rather Turek go out and reduce the o/s to 100 million shares and the o/s to 10 million and then go to First lexington national bank and take out a loan for oh i dont know 30 million then have to put everything from the company car to the molding machine to the bathroom toilet up as collateral and then tell share holders "well i restructured the shares so all the traders could benefit with the stock price at a buck but by the way we now have a 30 million dollar l.term debt and a loan to pay back and thats not to mention weekly expenses from operations but i just want to make sure those daytraders are happy ...you know!""oh and by the way we cant ever buyout another company or rent another building or buy another machine cause now growth is officially over for us""but day traders will be happy!!"......this is typical for growth of a company to exercise its shares to pay for aquistions and operations in order to maintain a foward momentum.

[DeepBlue1]

rookinvestor...this "dilution" should not have been unexpected.

Obviously, they purchased SEMCO with shares. Duh! How else would they do it?

The thing that all the doomsdayers will fail to mention is that those shares weren't just dumped for a personal profit...they are theoretically an "even trade" for an asset that is now part of the company.

Assuming that all the new OS went for the acquisition of SEMCO, the key is to figure out whether the price for it was "a steal, a fair price, or overpriced".

I'm going to assume it was a fair price until I know otherwise.

IMO, like Turek said....Semco will be the biggest part of the company's growth going forward and could/should ACCELERATE the growth/value of the company.