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Wednesday, December 14, 2005

[PLNI]: The "AUDIT"




PLNI has yet to complete the audited financials statements and file with the SEC as of today.

Below you will find public statements from PLNI press releases regarding the timing of the completion of the audit, going as far back as 16 months ago - Sept. 2004. One of the press releases, issued on November 11, 2004, more than a year ago, even exhibited the heading " Plasticon International, Inc. Announces Today the Audit is Near Completion".



September 21, 2004
"De Joya and Company is scheduled to begin a full financial audit of Plasticon International/Wicklund Holding Company on October 7 th in preparation for seeking a listing of Plasticon’s shares on the OTC Bulletin Board. "


November 11, 2004
http://snipurl.com/kui8
"Plasticon International, Inc. Announces Today the Audit is Near Completion"

"Plasticon International, Inc. (Pink Sheets: PLNI) announced today that it is nearing completion of the audit of its financial statements."

"Mr. James Turek, president of Plasticon International, Inc. stated, "We are extremely excited with the progress of the audit of our financial statements. Upon completion of the audit the company will be in a position to make application for listing on the OTC Bulletin Board."

"Mr. Turek further stated, "The company has been an SEC reporting company a number of years and is pleased that the completion of the audit will allow for the company's SEC filings to be brought current which will provide the investment community with a complete and accurate picture of the company's progress.""


May 18, 2005
http://snipurl.com/kswt
"Plasticon Takes Major Step Forward in Transition from Pink Sheets to OTCBB; President and CEO Jim Turek Announces That Audit of All Company Financials Will Be Completed in 4 Weeks"

"Plasticon International Inc. (Pink Sheets - PLNI) today announced that it has come one step closer in the company's transition strategy to move from the Pink Sheets to the OTCBB. An audit of all company financials will be completed in 4 weeks."

"This audit is an important milestone in terms of demonstrating to our shareholders and the public that we are serious in our goal of moving the company forward," said Jim Turek, President and CEO of Plasticon International, Inc. "We are pleased to announce that we are 4 weeks from a completed audit. Upon completion, we will immediately be filing the necessary documents with the SEC to become fully reporting."


June 2, 2005
http://snipurl.com/ksxd
"As a final note, Mr. Turek mentioned that he will also be discussing Plasticon's upcoming transition from the Pink Sheets to OTCBB. "Our transition strategy is a very important issue for institutional investors, investment banking firms and high net worth investors," Mr. Turek said. "A full company audit will be completed in weeks, and that is a significant step towards becoming fully reporting, transitioning to the OTCBB and eventually becoming a big board stock. There are many positive developments with Plasticon International to report, and I'm looking forward to presenting at this important forum."


June 17, 2005
http://snipurl.com/kswz
"Mr. Turek said that the company's top priority right now is to have the company audit completed by the end of July. "I am confident that we can meet this deadline. This is a very important step for us. Once the audit is completed we will immediately file the necessary documents with the SEC, in order to move Plasticon to the OTCBB. We expect this to be accomplished in the next 30 to 90 days. ""


September 19, 2005
http://snipurl.com/ksyu
"There is one very important issue that I am pleased to share with you: Plasticon is currently in the final stages of its audit. Although we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the Nasdaq Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the Nasdaq bulletin board (OTCBB). "


September 19, 2005
http://snipurl.com/ku2r
"Plasticon International, Inc. in Final Stages of Audit for Uplisting to NASDAQ Bulletin Board (OTCBB)"

"Plasticon International Inc. (Pink Sheets:PLNI) is pleased to announce that the company is now in the final stages of completing its audit, which will allow the company to uplist to the NASDAQ Bulletin Board. "

"In an open letter to the shareholders posted on the company's website, Plasticon President and CEO, Jim Turek stated, "Plasticon is currently in the final stages of its audit. Though we cannot offer an exact date, based on our tireless efforts, our auditors have indicated that the Plasticon audit should be completed in the very near future. Upon completion, the company will file with the NASD to move Plasticon to the NASDAQ Bulletin Board (OTCBB). I acknowledge that this process is taking longer than we expected. However, due to the meticulous nature of audits in this day and age (Sarbanes-Oxley) the audit process has extended beyond our original projections. Let me reassure you that we are doing everything possible to complete the audit, and we are close to the end of this process. We are keenly cognizant that it is in the best interests of the company and its shareholders to complete the audit as expeditiously as possible and move Plasticon to a more transparent exchange: the NASDAQ bulletin board (OTCBB)."


September 28, 2005
http://snipurl.com/ku2x
"In the Webcast, Mr. Howe gives an overview of Plasticon's innovative products, the size of the rebar supports market, and the company's exclusive sales agreement with the largest building materials distribution company in the United States. In addition, he specifically addresses the fact that Plasticon's audit is in its final stages and that upon completion, Plasticon intends to make the necessary filings to become fully reporting and move to the NASDAQ bulletin board (OTCBB). Finally, he also gives current and prospective shareholders an update on a number of important acquisitions. "



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