the_worm06

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

Thursday, March 09, 2006

[PLNI]: Prediction on Common Shares Outstanding

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As per the notice from a week ago (http://snipurl.com/ndqn), the following is a prediction from the_worm06 Research Department:


1. Plasticon has issued over 1 billion shares since the date of the latest publicly available figures (January 31, 2006) of 3.7 billion common shares outstanding.


2. The latest outstanding common shares figure for Plasticon is now between 4.7 and 5.0 billion shares.


3. Plasticon will not make this new outstanding share figure publicly available until the following events occur:

.....a. PLNI increases the authorized shares from 5 billion to 10 billion.
or
.....b. PLNI effects a reverse split.


4. The event described in paragraph #3 above will occur within 60 days.





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