the_worm06

Thoughts, Comments and Research on Publicly Traded Companies and Internet Stock Message Boards

Wednesday, February 01, 2006

[PLNI]: What will happen when Plasticon finally files a Registration Statement or Audited Financials with the SEC?

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Many investors have asked: "What will happen when PLNI files a Registration Statement and/or Audited Financial Statements with the SEC?"

One has to go no further than to review the effect on the stock price of filing an SB-2 Registration Statement by HISC in order to understand what might happen with simlar filings by PLNI.

When PLNI Investor Relations people where asked about what was going on with the audited financials and "capital restructuring" of PLNI, they pointed to HISC, particularly since Big Apple Consulting, the Investor Relations consultants of PLNI, are also heavily involved with HISC. Many PLNI promoters, such as jmhollen, have prmoted HISC substantially.

Here is an example of hyping HISC by rrufff on a jmhollen moderated Silicon Investor message board:
http://www.siliconinvestor.com/readmsg.aspx?msgid=21772364



Lets take a look at what happened to the HISC stock price:


1. The HISC Registration Statement was filed on December 5, 2005.
http://www.secinfo.com/d16J9c.zY9.htm

2. The closing stock price of HISC on December 2, 2005, the previous trading day before the SEC filing in paragraph #1 above, was $0.053.

3. The closing stock price of HISC on February 1, 2006, almost two months later, was $0.0405.

4. The HISC stock price has dropped 24% during the almost 2 month period since the Registration Statement was filed with the SEC.




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