[PLNI]: "A decrease in net loss" - The disinformation campaign by Mr. Richard R. Matthews (Rick Matthews, "rrm_bcnu") Continues

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In the continuance of his massive disinformation campaign, Mr. Rick Matthews (rrm_bcnu) posts false and misleading statements about PLNI in the message boards. In this posted message on the IHUB message board, rrm_bcnu copies a false and misleading statement on the decrease of the first quarter 2006 net loss over the same period in 2005 from PLNI's form 15c2-11 filed with pinksheets.com. It is unfortunate that Mr. Matthews would continue spamming the false and misleading "net loss decrease" information, especially after it was pointed out in a previous report on this blog (#12 here: http://snipurl.com/uts0).



http://www.investorshub.com/boards/read_msg.asp?message_id=13002656

Posted by: rrm_bcnu
In reply to: Captain James Kirk who wrote msg# 15726
Date:8/30/2006 3:04:40 AM
Post #of 15750

More FUD

The year-over-year Q1 for 2006 vs 2005

Net Loss:

Again, regarding net loss, we must remove the beneficial interest expense of $8,679,000 from the figure reflected in the financial statements of $9,437,270, which then gives us an actual net loss of $812,184.When we compare the actual net loss from Q1 2006 of $812,184, vs. the net loss of Q1 2005 of $2,507,552, this represents a decrease of 68%.

https://www.otcstockinfo.com/repository/671/671_FR12.pdf pg17





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Mr. Robert H. Cooper - "The Unethical Attorney", Part IV

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[note: Part V is here - read this first]


The following is Part IV in a series on the unbelievable unethical behavior exhibited by Miami Attorney Robert H. Cooper (Robert Cooper). This time legal documents from another lawsuit have been chosen - the California lawsuit titled: UCSY, Zwebner v. Coughlin. Mr. Cooper was the attorney for the Plaintiffs. The lawsuit was dismissed, with the court ordering that all legal fees incurred by the defendant, Mr. Coughlin, should be paid by the Plaintiffs and their attorneys:

Part IV:
https://viewer.zoho.com/docs/hcMyl




Here is Part I:
http://snipurl.com/s75n

Here is Part II:
http://snipurl.com/sne8

Here is Part III:
http://snipurl.com/syf8




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[PLNI]: Plasticon International, Inc. Official Short Interest as of August 2006 designated settlement date - only 477,363 common shares

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The official source, otcbb, announces total short interest, including all naked shorted common stock, of PLNI as of the August 2006 designated settlement date equals only 477,363 common shares out of total outstanding common shares of 5.0 billion (latest SEC and pinksheets filing) - less than 1.0 percent of total outstanding common shares.

otcbb defines short interest that it reports as:

" Current Month Short Interest: The total number of shares in the security that are reflected on the books and records of the reporting firms as short as defined by SEC Rule 200 as of the current month's designated settlement date. "



http://www.otcbb.com/asp/OTCE_Short_Interest.asp

PLASTICON INTL INC (PLNI)
OTC Type: Other-OTC

Short Interest for August 2006

ShortInterest - 477,363

PercentChange - 159.78

Average Daily Share Volume - 24,770,816

Days to Cover - 1.00





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[PLNI]: The "Accountant" speaks again

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1. The "Accountant" posts the following:


http://www.investorshub.com/boards/read_msg.asp?message_id=12785084

Posted by: jim stop loss
In reply to: Captain James Kirk who wrote msg# 15298
Date:8/20/2006 2:09:09 AM
Post #of 15299

"...I don't pretend to be an expert on anything but I do know a lot about accounting, finance, and the corporate business world..."



2. Now take some time to read the "Accountant's" false and misleading statements about the world of accounting, finance and the corporate business world:


http://snipurl.com/uts0





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[PLNI]: The Sale of Restricted, Unregistered Common Stock

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http://snipurl.com/rlxh






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[PLNI]: More false and misleading statements and disinformation by Mr. Richard R. Matthews (Rick Matthews, rrm_bcnu)

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When is it going to stop?

Mr. Rick Matthews ("rrm_bcnu") continues to post false and misleading statements and continues to pursue his disinformation campaign about Plasticon International, Inc. (PLNI). See rrm's post from the PLNI IHUB messages boards below:


1. Mr. Rick Matthews says that "It takes time and money to build a business", yet, after 17-18 years, PLNI had ZERO revenues in 2003, ZERO revenues in 2004 and only about $56,000 in revenues for 2005.



2. In a blatantly false and misleading statement, Mr. Rick Matthews says that

"We see Q1 revenues for 2006 of $1.8M without SEMCO added in".


Yet PLNI's own 15c2-11 filed with pinksheets states that:

"The Company has included SEMCO in its operating results since February 1, 2006"

https://www.otcstockinfo.com/repository/671/671_FR18.pdf
"The January 2006 acquisition of SEMCO was accounted for as a purchase business combination under the provisions of the FASB’s SFAS No. 141, "Business Combinations" as of January 31, 2006. The aggregate purchase price of $750,000 was allocated to the assets acquired and liabilities assumed based on the respective fair values. The values below are fair value estimates made by management. Management is still in the process of finalizing the allocation of the purchase price. The Company has included SEMCO in its operating results since February 1, 2006."



3. Then to continue Mr. Matthews' misinformation campaign, he attempts to justify a massive issuance of PLNI common stock to James N. Turek, Sr, the CEO of PLNI, and subsequent sale, by stating that the significant increase in common shares outstanding was used to buy two small companies and add a few pieces of equipment. The PLNI common shares outstanding were increased to about 5 billion by June 16, 2006 and 6 billion as of last week.

Mr. Rick Matthews' statement on this matter could not be further from the truth.

According to documents filed with the SEC and pinksheets.com by PLNI, a very small fraction of the common shares that were issued during the last 3 years were used to pay for the 2 acquisitions and additional equipment. From January 1, 2004 to March 31, 2006, PLNI's CEO received about 4.3 billion PLNI common shares and sold about 4.1 billion of these shares.

Just from January 1, 2005 to March 31, 2006 alone, PLNI increased its outstanding common shares from 1. 4 billion to 5 billion. James N. Turek, Sr, the CEO of PLNI, received 3.6 billion of these shares, worth about $36 million and sold most of the shares received. According to the same documents mentioned above, Turek loaned PLNI only about $7 million of the $36 million during this period. PLNI used just $3.2 million of the $7 million for cash payments on the 2 acquisitions. In addition, PLNI is committed to issue Turek Preferred Stock convertible into yet ANOTHER 7.3 billion common shares for his forgiveness of about $5.7 million of the $7 mllion that he loaned PLNI.




4. And making matters worse for PLNI stockholders, during much of the massive issuance and sale of PLNI shares, PLNI was publicly stating that it was retiring shares and will be involved in a "share buyback" program. In addtion, during 2005 and the beginning of 2006, and until PLNI filed its documents with the SEC and pinksheets.com, the Company had been publicly stating that the 2 acquisitions would be "privately financed" cash transactions and that shareholders would not be diluted.




http://www.investorshub.com/boards/read_msg.asp?message_id=12774931

Posted by: rrm_bcnu
In reply to: rookinvestor who wrote msg# 15267
Date:8/19/2006 1:47:54 AM
Post #of 15275

Yes Rob...you did sing the praises of Plasticon.

You and I shared candid emails and posts that discussed the pros and cons of PLNI. That is why I was disappointed to read your post.

You need to take responsibility for your own trades, and not say you were "blinded by other pumpers." That is a bunch of baloney. We discussed the positives AND the negatives. You were blinded by your own desire to make money quickly. We have all been there.

You were new to the pinks and have learned a valuable lesson.

It takes time and money to build a business.

Most pinks don't have anything but an office and loud words. PLNI is very different from those stocks. They did indeed have to resort to selling shares to make it happen.

And now we see what that increase in O/S was used to buy. Two triving businesses, three new world class IM machines, heaters, pumps, collateral hardware, and thousands of pounds of raw materials, hundreds of hours of labor to derive detailed quality control procedures, etc;

And the results?

We see Q1 revenues for 2006 of $1.8M without SEMCO added in. We see PLNI products as part of a new Branded Product line from Blue Linx with 20,000 customers and focused marketing.

We also see new larger warehouse facilities in planning for Pro Mold and new manufacturing facilities for SEMCO expansion.

It takes money and time to build a business Rob. PLNI is not a get rich quick scam.

Good Luck to you as well.

Rick




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[PLNI]: Mr. Richard R. Matthews (Rick Matthews, rrm_bcnu) continues to defend a fraudulent company against criticism

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Pay attention as Mr. Rick Matthews ("rrm_bcnu") is defending PLNI against the criticism of a former stockholder who lost money due to false and misleading press releases and public statements by the company. In the opinion of the_worm06, PLNI will probably be known as one fo the top five biggests frauds in the history of pinksheets.

Take some time to read the posted message below as many of Mr. Rick Matthews' statements are truly truly truly unbelievable. This promoter is making every effort to "protect" his "investment" in PLNI. What Mr. Matthews fails to mention is that he has been caught in a massive disinformation campaign to pump and hype the stock of PLNI. An example of Mr. Matthews' false statements on his pumping and hyping of PLNI can be seen here (including his posted messages that hyped and pumped the stock): http://snipurl.com/rwq7



http://www.investorshub.com/boards/read_msg.asp?message_id=12765299

Posted by: rrm_bcnu
In reply to: Captain James Kirk who wrote msg# 15221
Date:8/18/2006 2:54:09 PM
Post #of 15227

Regarding your question about Plasticon and what the longs shareholders defend...

They are fighting against vigilantism. That is what you are practicing here. It is outside the law, and since you present with a group, from a single message board using distorted information, you are considered part of that group. That group has one thing on it's mind. The defeat of an American business.

That group is no different than any group whose objective is to work outside the law to defeat the American way of life IMO.

Americans don't like people willing to distort the facts to achieve their nefarious goals. That is why your boss attacks the longs using that tactic. He distorts what we write so that people will think we are the villians here.

We are the company owners. We own a piece of Plasticon. We have rights, and among them is the right to both praise and criticize our company.

You are NOT a shareholder. You sold your rights to us. You have no right to constantly criticize our company with distorted information. That is tortious interference with our company's right to conduct business. There is no business out there that is perfect. Not one.

Your motives have nothing to do with freedom of speech. Your intent here is to "protect new investors" from investing in Plasticon.

You have judged Plasticon's business worthiness, and as the sole judge and jury, have pronounced it unsound. The fact that you lost money in your investment hast little to do with it in your mind. What you do is outside the law, and thus... you are a vigilante.

You asked why?? It's becasue you distort information and don't have any reason to be here. You hold no stock. You sold your stock. You have weak hands and you just can't reconcile that you are just another poor investor who couldn't believe his own eyes..





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[PLNI]: The Plasticon International, Inc. Audit - A PATTERN

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http://snipurl.com/n2sr






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[SLJB/LFWK]: Mr. Paul S. Davis (Paul Davis, "rrufff") - "This is still my biggest position..."

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It is interesting to note promoter rrufff's comments below about SLJB being his biggest stock position out of dozens of stocks that he owns. rrufff, together with promoter John M. Holen ("jmhollen"), has a reputation as an investor in companies that tend to be fraudulent and have a significant amount of promotional activity, including a substantial amount of fluff press releases and spam faxes and emails, that are used during the companies' pump 'n dump phases.

As previously mentioned, rrufff is ignoring the fraudulent historical financial statements filed by SLJB/LFWK with pinksheets and also on SLJB's website.

HISC, the pump and dump stock that rrufff mentions below has now lost 90% of its value from the peak of the days when it was heavily hyped by rrufff. HISC was also heavily promoted by Johm M. Hollen.

Another stock, GCHR, has also lost about 90% from its peak when rrufff was heavily promoting it, down to the current $0.005/share, which is the exact price projected by the_worm06 Research Department (here is the_worm06's stock price prediction: http://snipurl.com/roko ). GCHR was also heavily promoted by John M. Hollen.

Pay attention as Mr. Paul Davis hypes and promotes SLJB in this posted message on Silicon Investor:


http://www.siliconinvestor.com/readmsg.aspx?msgid=22705505

To: rocky102 who wrote (1683)
8/10/2006 7:06:43 AM
From: rrufff
Read Replies (1)
1702 of 1738

Hi Rocky - thanks for the note. LFWK now SLJB has been a major winner for many of us. We've discussed it on the IHub and si boards from .002's - .007's. There were many periods of dead action and tons of wormlike bashers predicting it would go nowhere. As I always suggest, use those periods of uncertainty to build your position and then trade the periphery. It guarantees you huge gains. This is still my biggest position, not that I suggest others do the same. We each have our own trading styles.

Yet, for those who took this extremely speculative, but asset and actual business plan based play, the rewards have been enormous.

The new trading range is huge creating an opportunity for those who just like to trade.

Yesterday - downtrend w/i the range - even for traders, picking up today in the .07 or .08 range if you can. For long termers, there are still tons of bashers out there stuck with their "predictions" of .001 and perhaps those who rely on these to short and distort are out a lot of money. This should create updrafts and downdrafts through which many of us can sail profitably. Long term, the numbers the company projects give us potential for multibagger gains going forward.

It's been a great party for those of us longs, now approaching the gains we had on HISC.

As usual, do your own DD and realize that any microcap stock can be a total loss.

to all - happy trading and a great week.



_______________________________________________

[YAKC]: Yak Communications, Inc.

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http://snipurl.com/nwhk





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THE FUNNY PAGES

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Dedicated to unusually funny comments made on Internet Stock Message Boards. This section will be updated periodically.

(warning: DO NOT READ WHILE EATING OR DRINKING IN ORDER TO AVOID CHOKING OR RUINING KEYBOARDS WITH FOOD OR LIQUIDS)





1.
http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=24717\

By: skycowboy07465
07 Dec 2005, 11:54 AM EST
Msg. 24717 of 68004
Jump to msg. #

isn't Sarbanes-Oxley doing the auditing or am I reading this wrong

http://www.primezone.com/newsroom/news.html?d=86241

Go PLNI


==================




2.
http://www.investorshub.com/boards/read_msg.asp?message_id=12676177

Posted by: DTL
In reply to: Captain James Kirk who wrote msg# 15009
Date:8/15/2006 12:51:05 PM
Post #of 15011

Lumber was explained as being a commodity and not worth pursuing. The rebar is supposedly in R&D. I will admit that I don't have proof that it is in R&D but do you have proof that it isn't.



===================





3.
http://snipurl.com/uze2

By: oreodiamonds
13 Aug 2006, 10:17 PM EDT
Msg. 46254 of 46998
(This msg. is a reply to 46241 by the_worm06.)
Jump to msg. #

Wormie SLJB only spent $100K in FYE 5/31/06 whereas as proformas indicate they will be spending $4 million in 2006/7!!! Audited financials that will balance! You learn that in Acctg 102!

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(note: apparently spending "only" $100K in auditing fees allows you to issue cooked financial statements where the balance sheets don't balance and the numbers don't add up to the totals in the Income Statements, among other things - but hey, that's "Acctg 102" for you.)

================================


4.
http://www.investorshub.com/boards/read_msg.asp?message_id=12735038

Posted by: rrm_bcnu
In reply to: shortsinthesand who wrote msg# 15111
Date:8/17/2006 1:27:42 PM
Post #of 15115

"...you sure fit the paid basher model..."






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[SLJB/LFWK]: Mr. Paul S. Davis ("rrufff") and Sulja Bros. Building Supplies, Ltd.

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It is amazing that Mr. Paul S. Davis ("rrufff") has not mentioned the fraudulent financial statements that were filed by SLJB/LFWK with pinksheets.com or the fraudulent historical financial statements that were displayed in the SLJB website....

the_worm06's Research Department continues to predict a SLJB stock price of $0.001 per share.




details to follow



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[GCHR]: Golden Chief Resources, Inc. files a FOURTH Amended 10-K and changes Auditing Firm again

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http://www.secinfo.com/d1Z1S9.vab.htm

Golden Chief Resources Inc · 10KSB/A · For 9/30/05
Filed On 8/8/06 5:25pm ET ·
SEC File 0-12809 · Accession Number 1050502-6-324



http://www.secinfo.com/d11Qsw.v92.htm

Golden Chief Resources Inc · 8-K · For 8/9/06
Filed On 8/10/06 6:16am ET ·
SEC File 0-12809 · Accession Number 1108890-6-301




_________________________________________________

[SLJB/LFWK]: Another very strange press release from Sulja Bros. Building Supplies, Ltd.

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Remember that this is a company that is projecting $93 million in pre-tax income during the next 12 months, yet all indications are that it is still only a "trading vehicle" shell company.

Someone should tell the management of this company that at least the fluff press releases should somehow be made to look realistic. Registering your corporation in the State of Neveda does not mean that you have to actually transfer your assets to the State of Nevada as suggested by SLJB in this press release.

Someone should also tell the management of this company that the "Securities" part of the Securities and Exchange Commission is spelled "Securities" and not "Security" as has been done in the press release.

If you are going to pretend to be a real company, then you really should show some effort.




Press Release

Source: Sulja Bros. Building Supplies, Ltd.

Sulja Bros. Building Supplies, Ltd. Releases Asset Transfer Update

Friday August 11, 12:11 pm ET

WINDSOR, ON--(MARKET WIRE)--Aug 11, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) has received clearance from the Dubai Government to move the Sulja Bros. assets to the State of Nevada. Sulja Bros. attorneys have paid all creditors and liens on the assets being moved. The attorneys, working with the auditors, have produced the balance sheet, which was the last piece of information needed to complete the audit.

CEO Steve Sulja stated: "The process of moving the overseas assets was time consuming but has finally been completed. We can now have the audited financials completed shortly. The State of Nevada will receive the assets by next Friday. We are very pleased to inform our shareholders of the current transfer of assets. We are actively negotiating with KPMG International and Price Waterhouse Coopers to handle all future Security and Exchange Commission filings and reporting. Our shareholders will soon see why Sulja Bros. did not need to reverse split the stock to meet our up listing goals."

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

Contact:

Source: Sulja Bros. Building Supplies, Ltd.




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[PLNI]: The "Accountant" and his false and misleading statements

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It appears that "jim stop loss", the Accountant, shows very few traits of a trained accountant and lacks a true attention to detail, especially when reviewing and commenting on financial statements that are filed with the SEC and on the form 15c2-11 with pinksheets.com.

In order to appreciate the naiveness of this "Accountant", this is what he said about a certain scam company that was an obvious fraud for years and in which the SEC has now suspended all trading of its stock: "...I got bit pretty well on CMKX and have joined the taskforce and receive their e-mails..."



Below you will find a sample of false and misleading statements by this "Accountant", with comments by the_worm06 in bold and parenthesis:


1.
Posted by: jim stop loss
In reply to: shortsinthesand who wrote msg# 11662
Date:6/14/2006 10:50:28 AM
Post #of 11667

"...At the end of first quarter of '06, the financials showed no increase in the outstanding that I can remember..."


(According to the 15c2-11 filed by PLNI with pinksheets.com, PLNI issued 1.27 Billion common shares to James N. Turek, Sr., its CEO, during the first quarter of '06, who then proceeded to sell at least 1.0 billion shares by the end of the first quarter of '06)




2.
Posted by: jim stop loss
In reply to: nanopatent who wrote msg# 11835
Date:6/19/2006 2:55:26 PM
Post #of 11838

"...Nano, for PLNI to have earnings of .10 per share at 5 billion shares, they would need a net income of $500 million with sales (assuming a PBT of 15% which is high for a mfg company) of $3.125 billion dollars..."


(jimstoploss is falsely using pre-tax profits as the numerator in order to calculate Earnings per Share instead of Net Income after taxes)




3.
Posted by: jim stop loss
In reply to: state780 who wrote msg# 11961
Date:6/22/2006 2:35:05 PM
Post #of 11975

"...I thought that there was dilution occuring during the 1st quarter but according to what was released by PLNI, the outstanding remained the same..."

"...The one point that I did like was the ability of the company to get through the first quarter start-up without additional dilution..."


(According to the 15c2-11 filed by PLNI with pinksheets.com, PLNI issued 1.27 Billion common shares to James N. Turek, Sr., its CEO, during the first quarter of '06, who then proceeded to sell at least 1.0 billion shares by the end of the first quarter of '06)





4.
Posted by: jim stop loss
In reply to: rrm_bcnu who wrote msg# 12147
Date:6/27/2006 10:32:58 AM
Post #of 12207

"...rrm, good post. I have to admit that I really laughed out loud when I read it. Being fairly conversant with basic stock definitions, I never thought that anyone would consider that the rest of the preferred would be convertable at that rate. That is funny..."


(jimstoploss agrees to false and misleading statements made by rrm_bcnu regarding Preferred Stock and authorized common shares. rrm falsely stated that Class A Preferred Stock normally does not have voting rights compared to Class B shares and that PLNI could never increase its common shares beyond the current 13.5 billion common shares authorized, forgetting that the one man BoD of PLNI could increase the authorized common shares easily with a day's notice)





5.
Posted by: jim stop loss
In reply to: rrm_bcnu who wrote msg# 13289
Date:7/13/2006 3:40:26 PM
Post #of 13292

"...Another indication of the company going forward is quarter one financials. These are also published, whether audited or not, under penalty of law for any publicly held corporation.Quarter one says a lot about reality. JT got through the first quarter using good business practices when it would have been easier to increase the outstanding common stock..."


(What good business practices? PLNI lost $9.4 million on only $1.8 million in revenue during the first quarter 2006. According to the form 15c2-11 filed by PLNI with pinksheets.com, PLNI issued 1.27 Billion common shares to James N. Turek, Sr., its CEO, during the first quarter of '06, worth $8.7 million, who then proceeded to sell at least 1.0 billion shares by the end of the first quarter of '06)





6.
Posted by: jim stop loss
In reply to: Captain James Kirk who wrote msg# 13489
Date:7/19/2006 11:59:07 AM
Post #of 13499

"...As of April of 2006, according to the 10K filed with the SEC, there was no additional dilution. I felt that PLNI had done an exemplary job of getting through a large production ramp-up (according to their quarter one sales as released in the unaudited 1st quarter statements)without additional dilution..."


(According to the 15c2-11 filed by PLNI with pinksheets.com and 10-K filed with the SEC, PLNI issued 1.27 Billion common shares to James N. Turek, Sr., its CEO, during the first quarter of '06, who then proceeded to sell at least 1.0 billion shares by the end of the first quarter of '06)





7.
Posted by: jim stop loss
In reply to: Captain James Kirk who wrote msg# 13966
Date:8/1/2006 11:14:40 AM
Post #of 13988

"...So far, PLNI has met the initial start-up quarter without dilution..."


(According to the 15c2-11 filed by PLNI with pinksheets.com and 10-K filed with the SEC, PLNI issued 1.27 Billion common shares to James N. Turek, Sr., its CEO, during the first quarter of '06, who then proceeded to sell at least 1.0 billion shares by the end of the first quarter of '06)





8.
Posted by: jim stop loss
In reply to: state780 who wrote msg# 13983
Date:8/1/2006 2:30:18 PM
Post #of 14006

"...The stockholders are not the primary consideration of any corporation..."


(The stockholders, as owners of the corporation, should always be the primary consideration of any corporation. Period.)





9.
Posted by: jim stop loss
In reply to: Captain James Kirk who wrote msg# 14000
Date:8/1/2006 2:57:36 PM
Post #of 14007

"...Capn, look at the acquisition costs and do your math and I stated previously that "except for the acquisitions" there appears to be no dilution..."


(During the period January 2005 to March 31, 2006 alone, PLNI issued 3.6 billion common shares worth $36 million to James N. Turek, Sr, the CEO of PLNI, who then proceeded to sell most of the shares and loan back only about $7 million to PLNI, which has only used about $3.2 milion in cash payments for its acquisitions so far)





10.
Posted by: jim stop loss
In reply to: Captain James Kirk who wrote msg# 14000
Date:8/1/2006 8:57:48 PM
Post #of 14032

"...Capn, the stock increase during the first quarter was to JT. Not into the float..."


(According to the 15c2-11 filed by PLNI with pinksheets.com, PLNI issued 1.27 Billion common shares to James N. Turek, Sr., its CEO, during the first quarter of '06, worth $8.7 million, who then proceeded to sell at least 1.0 billion shares by the end of the first quarter of '06)





11.
Posted by: jim stop loss
In reply to: hiflyer14 who wrote msg# 14012
Date:8/1/2006 9:12:39 PM
Post #of 14032

"... But, he owns the company. He is the chairman of the board and the only board member. Also, the majority stockholder. He can do as he pleases as long as the SEC allows him to do it, registered or not..."


(James Turek, the Chairman of PLNI does NOT own PLNI, as of the date of this post the publicly available documents show that Turek owned about only 250 million of the 6 billion common shares outstanding and owned Preferred Stock convertible into another 7.3 billion common shares. He cannot do as he pleases, he has a fiduciary duty to attempt to run PLNI in a fair, responsible and reasonable manner to create shareholder value for the other stockholders of PLNI. The SEC might allow Turek to do as he pleases, until, of course he is charged with any violations of SEC regulations)





12.
Posted by: jim stop loss
In reply to: Captain James Kirk who wrote msg# 14443
Date:8/8/2006 11:09:08 AM
Post #of 14474

"...Growth is happening, Revenues are increasing (according to Pro-Mold's last release), Loss is decreasing (as a matter of course with increased production, sales and economies of scale), and this all costs money..."


(The Loss is not decreasing - it is INCREASING. According to the 15c2-11 filed with pinksheets and the 10-K and 10-Q's filed with the SEC, the first quarter 2006 Net Loss INCREASED when compared to the same quarter in 2005, both with and without the adjustment of the "beneficial interest" paid in compensation)




_____________________________________________

[PLNI]: Who is Jeffrey Swain?

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Who is Jeffrey Swain and why does this individual issue a warning about a certain "Jeffrey S." on the Raging Bull PLNI message board?



http://ragingbull.lycos.com/mboard/boards.cgi?board=PLNI&read=67261


By: greenbay19644
10 Aug 2006, 10:57 PM EDT
Msg. 67261 of 67569
Jump to msg. #

Jeffrey S? I'd be very careful




__________________________________________

[PLNI]: jmhollen & bestbydesign - The Sale of Millions of PLNI Common Shares Into the Market

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http://snipurl.com/kwrs





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[PLNI]: False & Misleading Statements on the Pro Mold Acquisition

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http://snipurl.com/kq5k





_______________________________________

[PLNI]: Did Plasticon issue another misleading press release about Pro Mold, Inc.?

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http://snipurl.com/mqje




_________________________________

[PLNI]: The backdating and falsification of the signature date of a legal document in the 8-K filed with the SEC by Plasticon International, Inc.

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http://snipurl.com/ui5f




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[PLNI]: The Fraudulent "Share Buyback Program" and the Sale of Restricted, Unregistered Common Stock

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http://snipurl.com/rlxh





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[PLNI]: Who is Jefrrey Swain?

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details to follow




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[GAMM]:Global Entertainment Holdings/Equities, Inc files Proxy Statement with SEC

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http://www.secinfo.com/d122ap.v1hf.htm#5lon






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[PLNI]: Mr. Richard R. Matthews verifies that PLNI backdated the signatures on a legal document filed with the SEC

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1. Read this first:

http://snipurl.com/ui5f



2. Then read how Mr. Rick Matthews verifies that PLNI backdated the signatures on a legal document filed with the SEC by at least 4 months:

http://www.investorshub.com/boards/read_msg.asp?message_id=12480678
Posted by: rrm_bcnu
In reply to: shortsinthesand who wrote msg# 14222
Date:8/6/2006 8:45:10 AM
Post #of 14313

Man you are getting yourself into a slew of hot water David. The Exhibit 99.2 apparently WAS signed on 12/31/05, and stated

10.Paragraph 6.6 of the Agreement is hereby amended by deleting the same in its entirety and substituting in lieu thereof a new paragraph 6.6 to read as follows:

Close of Transaction: The transactions contemplated by this Agreement shall close upon the satisfaction of the Escrow conditions set forth in Paragraph 6.5 above, but in no event shall the transactions close later than April 30, 2006. In the event the Closing does not occur on April 30, 2006, the parties hereto shall have the rights and remedies set forth in this Agreement, including but not limited to, those rights and remedies set forth in Paragraph 6.5 above.

Blindly copying and pasting your pro se "lawyers" opinion could get you in deep kim chee. All the operatives describe future tense by saying things like "in the event" in association with the language. There is NO intent to mislead or falsify anything. Remember, these documents actually exist and were certified and witnessed on the dates signed.



3. Mr. Rick Matthews, of course, fails to point out that according to the very same legal document, the date that the agreement was entered into was April 30, 2006:

http://www.secinfo.com/d18jvt.v2q.c.htm
"THIS FIRST AMENDMENT TO SHARE AND ASSET PURCHASE AGREEMENT (“Amendment”) is entered into as of April 30, 2006, by and between PLASTICON INTERNATIONAL, INC., a Wyoming corporation, presently trading on the Electronic Pink Sheets (“PLNI”), and PROMOLD, INC., a Missouri corporation (“PMI”), and the JOHN P MURPHY III REVOCABLE TRUST NO. J. (the “TRUST”) and the 10315 LLC, a Missouri limited liability company (the “LLC”).



4. One has to wonder whether Mr. Rick Matthews will be questioned by the authorities on these matters when they begin investigating PLNI on the backdating of signatures in legal documents filed with the SEC.





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[PLNI]: The backdating and falsification of the signature date of a legal document in the 8-K filed with the SEC by Plasticon International, Inc.

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It is surprising for a company to backdate signatures in legal documents filed with the SEC in this day and age of officers and companies being charged by the SEC for fraudulently backdating options agreements.



1. In a legal document titled "FIRST AMENDMENT TO SHARE AND ASSET PURCHASE AGREEMENT" included as an exhibit to an 8-K filed with the SEC by PLNI on August 4, 2006, it is stated that the agreement was entered into as of April 30, 2006:

http://www.secinfo.com/d18jvt.v2q.c.htm
"THIS FIRST AMENDMENT TO SHARE AND ASSET PURCHASE AGREEMENT (“Amendment”) is entered into as of April 30, 2006, by and between PLASTICON INTERNATIONAL, INC., a Wyoming corporation, presently trading on the Electronic Pink Sheets (“PLNI”), and PROMOLD, INC., a Missouri corporation (“PMI”), and the JOHN P MURPHY III REVOCABLE TRUST NO. J. (the “TRUST”) and the 10315 LLC, a Missouri limited liability company (the “LLC”).




2. In an apparent attempt to mislead the investment public into thinking that the acquisition of Pro Mold, Inc. closed on December 31, 2005, the same document includes a signature page that states that the signatures, or just the signature of Camine J. Bua, who is not only the Escrow Agent for the transaction, but also PLNI's Corporate Securities Attorney, were dated on December 31, 2005, four months before the date in which the agreement was entered into as stated by paragraph #1 above, April 30, 2006:


http://www.secinfo.com/d18jvt.v2q.c.htm
14. This Amendment may be signed and delivered by the parties via telefax and any facsimile signature of any party hereto shall be deemed to be the same as the original signature of such party.


PLASTICON INTERNATIONAL, INC.
By: /s/ James N. Turek
James N. Turek, President

THE JOHN P. MURPHY III
REVOCABLE TRUST NO.1
By: /s/ John P. Murray III
John P. Murray III, Trustee

PRO MOLD, INC.
By: /s/ John P. Murray III
John P. Murray III, President

10315 LLC
By: /s/ John P. Murray III
John P. Murray III, Manager


ACKNOWLEDGED AND AGREED TO BY:

ESCROW AGENT
/s/ Carmine J. Bua, Esq.
Carmine J. Bua, Esq.


Dated: 12/31/05




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[PLNI]: What was the exact date that Plasticon International, Inc. formally closed the acquisition of Pro Mold, Inc.?

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details to follow




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[PLNI]: Plasticon International, Inc. files 8-K with the SEC regarding the Pro Mold, Inc. Acquisition

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(The 8-K was filed after the close of trading on Friday, August 4, 2006. What does it tell you immediately about the type of information that would be issued at this point in time, with the market closed and right before the weekend?)



According to the PLNI 8-K, the PLNI acquisition of Pro Mold, Inc. did not close by December 31, 2005.

According to the PLNI 8-K, the PLNI acquisition of Pro Mold, Inc. did not close by January 31, 2006.

According to the PLNI 8-K, the PLNI acquisition of Pro Mold, Inc. did not close by Februay 28, 2006.

According to the PLNI 8-K, the PLNI acquisition of Pro Mold, Inc. did not close by March 31, 2006.

According to the PLNI 8-K, the PLNI acquisition of Pro Mold, Inc. did not close by April 29, 2006.

and finally

PLNI and Pro Mold, Inc. signed an amended agreement on April 30, 2006 stating that the acquisition should close by April 30, 2006





FIRST AMENDMENT TO SHARE AND ASSET PURCHASE AGREEMENT

http://www.secinfo.com/d18jvt.v2q.c.htm


THIS FIRST AMENDMENT TO SHARE AND ASSET PURCHASE AGREEMENT (“Amendment”) is entered into as of April 30, 2006, by and between PLASTICON INTERNATIONAL, INC., a Wyoming corporation, presently trading on the Electronic Pink Sheets (“PLNI”), and PROMOLD, INC., a Missouri corporation (“PMI”), and the JOHN P MURPHY III REVOCABLE TRUST NO. J. (the “TRUST”) and the 10315 LLC, a Missouri limited liability company (the “LLC”).

RECITALS


1.
PLNI, PMI, the TRUST and the LLC entered into that certain Share and Asset Purchase Agreement dated as of December 5, 2005 (the “Agreement”) for the purchase of the PMI Shares and the LLC Assets (as those terms are defined in the Agreement) by PLNI, in accordance with the terms and conditions of the Agreement.

2.
The transactions contemplated by the Agreement were to close by no later than December 30, 2006; however, though no fault of PMI, the TRUST or the LLC, the transactions did not close on December 30, 2005.

3.
The parties have decided to extend the closing date of the Agreement several times to accommodate each other from December 30, 2005 to the present time.

4.
The parties now desire to amend the Agreement to reflect certain changes to the Promissory Note, Employment Agreement and the Agreement as agreed upon by the parties thereto and as set forth below.




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[SLJB/LFWK]: The bizarre comments from Sulja Bros. Building Supplies, Ltd. Continue

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from CEO Steve Sulja:

"...There has never been, and will not be, any shareholder dilution..."




Sulja Bros. Building Supplies Informs Shareholders That a Recent Fax Blast Is Not From the Company

Friday August 4, 12:41 pm ET

WINDSOR, ON--(MARKET WIRE)--Aug 4, 2006 -- Sulja Bros. Building Supplies, Ltd. (Other OTC:SLJB.PK - News) has been made aware and is in receipt of a fax blast that was sent out from 2006 Market Sine. Sulja Brothers is not connected to and did not pay for a fax blast from Market Sine.

CEO Steve Sulja states: "Sulja Brothers is outraged by this recent spam concerning the company. We have already paid for a search with Intelius that will reveal the name of the fax spammer. The assisted search will take 24 to 48 hours to reveal the fax publishers identity. Intelius has already confirmed that the identity will be known from public utility records. Our lawyers will continue the investigation, when the phone number search is finished. We apologize to our investors for the inconvenience and we will pursue the publisher to final justice. There has never been, and will not be, any shareholder dilution."

Sulja also states, "We strongly believe that we have reached many shareholders through legal means and we are happy with the progress we are making, we have absolutely no interest what so ever to pursue spam and any other sort of mass mailing advertisement to attract the attention of a few measly dollars, we hold our shareholders with utmost respect and will continue to retain their trust. We state again, Sulja Bros. Building Supplies, Ltd. had nothing to do with the fax blast. Necessary investigatory actions have begun and our legal team will proceed to undertake legal remedies against those individuals responsible."

This contains forward-looking information within the meaning of The Private Securities Litigation Act of 1995. Forward-looking statements may be identified through the use of words such as "expects," "will," "anticipates," "estimates," "believes," or statements indicating certain actions: "may," "could," "should" or "might occur." Such forward-looking statements involve certain risks and uncertainties. The actual result may differ materially from such forward-looking statements. The company does not undertake to publicly update or revise its forward-looking statements even if experience or future changes make it clear that any projected results (expressed or implied) will not be realized.

Contact:

Source: Sulja Bros. Building Supplies, Ltd.




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[PLNI]: Who is "xgaytardslave" on the Raging Bull message board

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and what is their relationship with Mr. William Howe, the consultant to PLNI?





details to follow




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[PLNI]: Plasticon Financial Statement Restatement Prediction

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the_worm06 Research Department predicts that PLNI will be be filing with the SEC Restated Financial Statements for the 2nd and 3rd Quarter 2005 10-Q's that were recently filed with the SEC.




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[SLJB/LFWK]: What's in a name?

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What's in a name?

Well, according to these two press releases issued in the same day, not much. As you can see, it appears that the management of the scam company, SLJB/LFWK, doesn't even know the correct name of its company. Worse yet, the financial statements included in the company website appear to be cooked and fraudulent, as are those that are filed with pinksheets.com:



http://biz.yahoo.com/iw/060731/0149160.html

Sulja Bros. Building Supplies Releases Financials

Monday July 31, 1:16 pm ET

WINDSOR, ON--(MARKET WIRE)--Jul 31, 2006 -- Sulja Brothers Building Supplies, Ltd. (Other OTC:SLJB.PK - News) announced today that the company is releasing financial information to its shareholders. Sulja Brothers Building Supplies earned $63,047,611.00 during the 12 months from June 1, 2005 to May 31, 2006. The company made $28,371,424.95 gross profit with a $26,023,991.63 in pre-tax profits. Net profits were $15,879,839.69. The monthly financials for 2005 and the pro forma for 2006 will shortly be available at www.suljabros.com.





http://biz.yahoo.com/iw/060731/0149160.html

Sulja Bros. (SLJB) to Release Positive Financials

Monday July 31, 2:35 pm ET

WINDSOR, ON--(MARKET WIRE)--Jul 31, 2006 -- Sulja Bros. Construction Supplies, Ltd. (Other OTC:SLJB.PK - News) today announced that it will release pertinent and positive financial information to its shareholders. Year-end (fiscal) numbers will show revenues of $63M+ for 2005 and gross profits of approximately $28M+. The net profit for the year-end audit will surpass $15M. Monthly financials and a pro-forma will soon be available to the public at www.suljabros.com.




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