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PLNI.PK

Started by rottenstock, June 09, 2005, 08:38:01 PM

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fill_the_gap

Seems people are waiting on official audited numbers.
May be 4 weeks, who knows for sure.

I will hold my entire position and not speculate on the numbers.
But you all may want to wait to see what they are to make a decision.  ::)

-Jeff-
Just one opinion, do the research

setravis

An interesting chart, to say the least.
symmetrical triangle....breakout
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

fill_the_gap

If the numbers are correct, the potential is great for this unique concept.

It may fly.  Full position and holding.
Just one opinion, do the research

fill_the_gap

Added .017.

Like what I am seeing recently with PLNI chart.
Just one opinion, do the research

eliteG

looks really nice(technically) fill  ;)  and you got some fundamentals down...should be ready to rock  :)  (thx - applaud)


fill_the_gap

Market showing something coming with the buying the past few sessions.

Added more PLNI.

Read about the concept and potential.

Profitable statements already.  Orders.
Just one opinion, do the research

atalltexan

Jeff,

I jumped in on this one, too, today.  After the huge run up in May, spent a couple months consolidating.  Hope it's ready for another similar run.


setravis

Quote from: eliteG on July 25, 2005, 11:52:21 AM
looks really nice(technically) fill ;) and you got some fundamentals down...should be ready to rock :) (thx - applaud)



Well, well, well. The old pink trick again! :o
Breakout!
Symmetrical Triangle.

Applaud................ ;)
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

wheezledick

More "news". These guys are pretty good at the art of self-promotion. Doesn't look like investors got too excited over it today, though...



Skyrocketing Price of Steel Helps Position Plasticon for Major Growth with Recycled Plastic Rebar Supports Product Line
Wednesday July 27, 11:01 am ET
Construction Companies Look for Higher Quality, More Cost-Competitive Alternatives with Plastic Rebar Supports Instead of Steel Rebar Supports


LEXINGTON, Ky., July 27, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that the soaring price of steel will have a major impact on Plasticon International.
The rising trend in the price of steel over the last year and a half has had a significant impact on the construction sector and has been a hot topic in the industry. According to an article in the Miami Herald by Gregg Fields, ``Steel is increasingly becoming a precious metal in the American economy. Thanks to a ravenous appetite for steel in fast-developing China, a rebounding U.S. economy, and a weak dollar, steel prices are rocketing upward and supplies are short.''

An article in Inc. magazine noted that in 2004 the construction boom in developing Asian countries helped to drive up steel prices 46 percent. And The Florida Times-Union, in an article by Timothy Gibbons, reported that ``last year, according to American Metal Markets, an industry trade publication, China imported more than $1 billion worth of American scrap, a world record. The country used more than 36 percent of rolled steel and half of the cement in the world, according to the People's Daily.''

``We certainly believe that the rising price of steel is one of several major industry trends that is helping Plasticon achieve success with our plastic rebar support product line,'' Mr. Turek said. ``Our domestic distributor, the largest building materials distribution company in the United States, has noted that demand has been increasing steadily. We believe that the dramatic rise in the price of steel over the last year and a half has made construction companies look harder at other options, rather than relying solely on steel products. And when they see what Plasticon has to offer, they realize that our innovative products are not only more cost-effective, our cutting-edge engineering also gives the end user a much better product, which is stronger, much easier to install, more versatile, and offers the most advanced design and engineering product line in rebar supports ever to be offered in the marketplace. Our products completely prevent spalling (corrosion damage) and prolongs the life of the structure. Together, these factors make our product offering a compelling proposition. So yes, I would say that the rising price of steel has been a boon to Plasticon International, because it really forces construction companies to do a more detailed assessment of the alternatives and then the demand has naturally increased for our products.''

Mr. Turek cited Plasticon's relationship with R&S Manufacturing as a recent example of the direct impact that the soaring price of steel is having on Plasticon International and the industry. ``R&S Manufacturing is one of the oldest and most respected names in steel post-tensioning cable, and they recently contracted with Plasticon to supply our plastic rebar supports to all of their post-tension cable customers,'' Mr. Turek said. ``R&S recently increased their order by 50 percent, and in fact, they are exclusively supplying plastic rebar supports to their customers, rather than steel rebar supports. The soaring price of steel certainly has something to do with this, in addition to the quality of the engineering with our plastic rebar support product line. This will have a major impact in our industry in terms of the acceptance of recycled plastic rebar supports as the industry standard.''

The rising price of steel has wreaked havoc with budgets in the construction sector. ``The price of steel has led to a lot of uncertainty among construction contractors and has made it difficult for them to provide reliable pricing,'' Mr. Turek said. ``We are fortunate because our raw materials are so abundant, therefore we can reliably provide our products at a much more cost-effective price point than steel. Again, we see the soaring price of steel as one of the major industry trends that is driving business to Plasticon International as we move forward.''

Based on world demand and the dramatic increase in construction in emerging markets, the price of steel is unlikely to retrace, but rather all indications are that it will continue to rise. This trend is very likely to continue and has very positive repercussions for Plasticon International's core business -- their recycled plastic resin rebar support product line.

investor2005dd

something tells me the audit completion will be announced on Tuesday.  This thing will run up to 5 cents on Tuesday and then to 10 cents by the end of the week. Don't miss out chasing this.

fill_the_gap

Please use the PLNI thread that was created awhile ago.

Type PLNI in the Search bar.

No big deal, just confusing when using multiple threads for the same company. ;)
Just one opinion, do the research

investor2005dd

Everyone tomorrow's the day.  Buckle in and enjoy.

higherstocks

Please use the search.  This board is getting crazy its turning out to be a free for all

setravis



Press Release Source: Plasticon International, Inc.


Plasticon to Acquire Pro Mold, Inc., one of the Premiere Injection Molding Facilities in the Midwest
Wednesday August 3, 8:30 am ET
Privately Financed Acquisition Gives Plasticon the Production Capacity for an Additional $20 Million in Manufacturing and Sales Annually


LEXINGTON, Ken., Aug. 3, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that this week the company will acquire Pro Mold, Inc., one of the premiere injection molding facilities in the Midwest. The privately financed acquisition (with no dilution for PLNI shareholders), will dramatically increase Plasticon's production capacity to $20 million in manufacturing and sales annually for this facility alone. As part of the terms of the agreement, senior management at Pro Mold, Inc. will be retained.


``The timing couldn't be better for this acquisition because our sales are ramping up at a vigorous pace and one of our top priorities is to expand our production capacity to meet rising demand for our products,'' said Mr. Turek, President and CEO of Plasticon International. ``With that in mind, immediately after the acquisition we will be adding molding machines that will allow Plasticon to double the current capacity of the facility.''

Pro Mold, Inc. a state-of-art custom plastic injection molder of thermoplastic materials in St. Louis, Missouri, has been in business since 1987. ``We are thrilled about this acquisition because not only does it allow us to considerably increase our production capacity, it also allows us to ensure that we continue to deliver the highest quality products to our customers,'' Mr. Turek said. ``The facility has totally integrated closed-loop systems with programmable logic control in addition to the most advanced drying, heating and cooling equipment to ensure material integrity and shot-to-shot consistency. The unsurpassed quality control at Pro Mold is one of the reasons they have a reputation as one of the preeminent injection molding facilities in the Midwest.''

For more information, please visit Plasticon International online at http://www.plasticonintl.com.

About Plasticon International, Inc.

Plasticon International (http://www.plasticonintl.com) designs, produces and distributes high-quality concrete accessories, transportation signage, plastic lumber and office supplies which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a `green' Company, environmentally friendly, using recycled plastics to produce its line of products.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



Contact:
         
Plasticon International, Inc.:
Jim Turek, President and CEO
3166 Custer Drive, Suite 101
Lexington, Kentucky 40517
web site: www.plasticonintl.com

Investor Relations:
Bill Howe
Ph: 800-889-0915


--------------------------------------------------------------------------------
Source: Plasticon International, Inc.
"Success loves to hide behind challenges.
Embrace the challenge, enjoy the journey."

Do your own DD and invest based on your DD, not mine !

Semper Fi
S.E.Travis

investor2005dd

Press Release Source: Plasticon International, Inc.


Plasticon's Acquisition of Pro Mold Inc. to Increase Production Capacity to an Estimated $20 Million
Wednesday August 10, 8:30 am ET


LEXINGTON, Ky., Aug. 10, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) announced today that the company has completed primary due diligence on the acquisition of Pro Mold, Inc., one of the premier injection molding facilities in the Midwest.
ADVERTISEMENT



The privately financed acquisition (with no dilution for PLNI shareholders) will dramatically increase Plasticon's production capacity to $20 million in manufacturing and sales annually for this facility alone. Said Jim Turek, President and CEO of Plasticon International, Inc., ``As we continue to increase our sales and as demand continues to rise, this acquisition will be critically important in terms of fulfilling our obligations to the growing needs of our clients. We look forward to welcoming Pro Mold, Inc. to our team and working with the seasoned senior management at Pro Mold, who will be retained as part of this deal.

``Our legal counsel has just completed the initial due diligence on Pro Mold and has given us the green light with the acquisition, pending completion of Pro Mold's audit which should be finished in less than 30 days,'' continued Mr. Turek. ``We are happy that this process has moved forward expeditiously, and we have set a tentative closing date for the first week in September.''

According to Mr. Turek, the acquisition was necessary to meet the growing demand for recycled plastic products in the construction industry. ``This acquisition is essential to the growth of Plasticon International,'' he said. ``We are experiencing the strongest growth in the history of the company. We attribute this to several factors including the rising price of steel, which has created a major shift in the construction industry away from steel and towards recycled plastic, and the fact that our products are stronger, more durable, more versatile and more cost-effective than metal rebar support products.''

Pro Mold, Inc., a state-of-art custom plastic injection molder of thermoplastic materials in St. Louis, Missouri, has been in business since 1987. ``We are thrilled about this acquisition because not only does it allow us to considerably increase our production capacity, it also allows us to ensure that we continue to deliver the highest quality products to our customers,'' Mr. Turek said.

For more information, please visit Plasticon International online at http://www.plasticonintl.com or contact 1 866 THE APPL(E).

About Plasticon International, Inc.

Plasticon International (http://www.plasticonintl.com) designs, produces, and distributes high-quality concrete accessories, transportation signage, plastic lumber, and office supplies which are all produced from recycled and recyclable plastics. Plasticon is a leader, an innovator of cutting edge design, engineering, and production of industrial and commercial products. Plasticon is a green Company, environmentally-friendly, using recycled plastics to produce its line of products.

Disclaimer: The Company relies upon the Safe Harbor Laws of 1933, 1934, and 1995 for all public news releases. Statements, which are not historical facts, are forward-looking statements. The Company, through its management, makes forward-looking public statements concerning its expected future operations, performance and other developments. Such forward-looking statements are necessarily estimates reflecting the Company's best judgment based upon current information and involve a number of risks and uncertainties, and there can be no assurance that other factors will not affect the accuracy of such forward-looking statements. It is impossible to identify all such factors. Factors which could cause actual results to differ materially from those estimated by the Company include, but are not limited to, government regulation, management and maintaining growth, the effect of adverse publicity; litigation, compensation, and other factors which may be identified from time to time in the Company's public announcements.



Contact:
          Plasticon International, Inc.
          Bill Howe, Investor Relations
          (800) 889-0915


--------------------------------------------------------------------------------
Source: Plasticon International, Inc.