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PLNI.PK

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

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investor2005dd

Bush Signs $286.4-Billion Highway Bill
From Associated Press
MONTGOMERY, Ill. -- President Bush opened the gates today for spending a whopping $286.4 billion on roads and bridges, rail and bus facilities, bike paths and recreational trails, saying the projects from coast to coast would spur the economy and save lives.

Critics said the 1,000-page transportation bill was weighed down with pet projects to benefit nearly every member of Congress. The bill's price tag over six years was $30 billion more than Bush had recommended, but he said he was proud to sign it.

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"Highways just don't happen," Bush said. "People have got to show up and do the work to refit a highway or build a bridge, and they need new equipment to do so. So the bill I'm signing is going to help give hundreds of thousands of Americans good-paying jobs."

To make his point, Bush signed the measure at a suburban Chicago Caterpillar Inc. plant in the home district of House Speaker Dennis Hastert. The Republican leader oversaw nearly two years of negotiations on Capitol Hill to get a slimmed-down version that Bush would accept.

Bush spoke to workers outside the plant, surrounded by sparkling new construction machinery. Two cranes held a sign that said "Improving Highway Safety for America" over the portable stage set up with a wooden desk for the signing.

The bill signing was the second ceremony this week that has taken Bush from his Texas ranch, where he is spending about five weeks on a summer break from the White House. On Monday, Bush went to New Mexico to put a new energy policy into law.

Two years in the making, the highway bill contains more than 6,371 special projects valued at more than $24 billion, according to Taxpayers for Common Sense. The distribution of the money for these projects "is based far more on political clout than on transportation need," said Keith Ashdown, vice president of policy for the group.

Alaska, the third-least populated state, for instance, got the fourth most money for special projects -- $941 million -- thanks largely to the work of its lone representative, House Transportation Committee Chairman Don Young. That included $231 million for a bridge near Anchorage to be named "Don Young's Way" in honor of the Republican.

Bush mentioned a pet project in Hastert's district -- the $207 million Prairie Parkway connector to join two major highways in the growing region outside Chicago. Hastert has been pushing the project for years although state officials are not convinced it's the best way to ease traffic, and some critics say it will promote urban sprawl, hurt the environment and swallow up fertile farmland.

investor2005dd

look what i found on the business plan for PLNI

Plasticon will sign a letter of intent to acquire US Plastic Lumber
www.usplasticlumber.com/
This transaction has been agreed upon in principal, a letter of intent will be signed this month.
5) Georgia Pacific has requested Plasticon begin supplying GP with plastic
lumber

this thing will be huge.

investor2005dd

Huge PLNI ad will be on Investors Business Daily.
http://www.investors.com/corporatenews/nw111.asp

The timing seems odd but I think this is to focus all the new eyes on PLNI for a big PR on wednesday. Remember, the Investing contact person is Matt Maguire of Big Apple Consulting, the same contact person for HISC.  Should we be seeing a HISC-like run? We'll just wait and see. Do your own DD and find out yourself.
http://www.plasticonintl.com

fill_the_gap

This could be huge with some time.

Did not know Matt Maguire was the PR guy ?
Where do you see that ?
Only aware that he does HISC and ADDI for now.

Please post.
Just one opinion, do the research

investor2005dd

i sent an email to Plasticon at [email protected] . Here is the message I got back.

Thank you for contacting PLASTICON INTERNATIONAL, INC. 
Your message has been forwarded to Matt Maguire, Head of Investor Relations for Plasticon, Int'l.  He can be reached at (toll free)

866-843-2775.

Sincerely,

Plasticon International, Inc.


investor2005dd

or at [email protected]

His name is even in the right top hand corner of the front page of the homepage website http://www.plasticonintl.com

52 windsor deluxe

hey investor....nice info...nice to keep it in play as it might breakout this week...read the article on jim turek....giving you an applaud for keeping it in play and the info....fill the gap..i believe found this one....cool... 8)

fill_the_gap

Investor,

You are correct, nice job.
Matt did not mention them on a call to him Friday ?
I asked him who they represent.  He said ADDI and HISC are the main for now.
They had RVMN in the past.

Expect alot more PR then.  Sometimes too much.
I got an HISC packet this weekend with the PR releases.
It mainly was to generate excitement for the Tuesday Conference Call for HISC.

I will be watching PLNI. 
Just one opinion, do the research

investor2005dd

Matt Maguire is looking like a million bucks. PLNI this week rocks!

investor2005dd

looking like a great week. 

investor2005dd

Up 17% so far. A big PR must be near.

investor2005dd

This is BIG NEWS.

Plasticon International Inc. to Retire 200 Million Shares
Wednesday August 24, 8:30 am ET


LEXINGTON, Ky., Aug. 24, 2005 (PRIMEZONE) -- Plasticon International Inc. (Other OTC:PLNI.PK - News) is pleased to announce that their Board has approved the retirement of 200 million shares, the first step in a process designed to decrease the total outstanding shares and increase shareholder value.
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``We believe that the retirement of shares will add tremendous value for our shareholders,'' said Jim Turek, President and CEO of Plasticon International. ``This is the first step in a share restructuring process. The restructuring will be reflected in a share price that is more truly representative of the actual value of Plasticon's shares. We firmly believe that this is in the best interests of both our shareholders and the company.''

Mr. Turek added that Plasticon International is committed to a program designed to enhance shareholder value through a comprehensive strategy, starting with this initial retirement. As a part of this restructuring strategy, the Company plans to undertake a buy back program for still additional outstanding shares.

The retirement of 200 million shares is in addition to positive earnings. Plasticon recently announced that it is profitable as of the second quarter in 2005. ``We believe that the retirement of shares will be significant as the first step in a process that should result in a better reflection of the value of Plasticon's shares,'' Mr. Turek concluded.

The Company will be featured on Investor's Business Daily web site for 30 days starting Monday, August 22, 2005: http://www.investors.com/corporatenews/nw111.asp.

For more information about Plasticon International, please visit the Plasticon International web site 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.



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

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.
          Investor Relations:
          Matt Maguire
          (866) 843-2775


52 windsor deluxe

13.5 million shares traded already.....20 minutes....huge voluume...breaking out..?

52 windsor deluxe

basically they have traded 30 million shares in the first hour.....also ...the ceo of plni is on the cover page of INVESTORS BUSINESS DAILY FOR 30 STRAIGHT DAYS FOR HUGE PUBLICITY....THEY GOT HIS FACE PLASTERED ON THE FRONT PAGE ALONG WITH HIS STORY.......... ;D.......lets see what happens when all the investing community sees the atricle :P.....

52 windsor deluxe

well.........it looks like when your on the cover of ibd...and everybody sees that....the price drops....won't be doing that EVER again....even if the train leaves without me...and least i'll still have my money in my pockets to ride another train ;D