[PLNI]: From the Bizarro World - The Plasticon Press Release on TD Ameritrade

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From a recently issued press release by PLNI:

http://snipurl.com/rgik

"...Plasticon International, Inc. (PINKSHEETS: PLNI) wishes to inform its loyal shareholders that have Plasticon shares with TD Ameritrade that the deadline for transferring your account or requesting your shares be put into certificate form is this Thursday, June 1st, 2006.

According to the letter sent out by TD Ameritrade dated April 13th, 2006, Plasticon shareholders holding PLNI stock in TD Ameritrade accounts must either have a transfer in progress to another brokerage firm, or request that TD Ameritrade put your PLNI shares into certificate form and send them to you, by this Thursday, June 1st, 2006. If your account transfer request has not been initiated or you have not initiated the process of putting your shares into certificate form by the close of business on Thursday, June 1st, 2006, TD Ameritrade reserves the right to liquidate your account. Should you fail to take action and TD Ameritrade liquidates your PLNI shares, you may, depending on what price you purchased PLNI shares at and what price TD Ameritrade liquidates the shares at, take a loss in your position. It behooves all shareholders who have not heeded the notice by TD Ameritrade to do so immediately, thereby eliminating the possibility of your PLNI position being liquidated..."




And a response from TD Ameritrade:


http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=61022&submit=Go

From TDA: XXXXXXXXXXXXX:

I am writing you in regards to the phone call you made today inquiring about your shares of PLNI. The press release you were referring to was false, and our legal department is researching the root of this. At this time the only action TDAMERITRADE has taken is to restrict transactions on the security to closing transactions only. We will not accept any buy orders or incoming stock certificates. Please feel free to contact us if you have any further questions.


Sincerely,

Chris B.
Manager Ameritrade Client Services
Division of TD AMERITRADE, Inc.



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