the_worm06

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

Sunday, August 06, 2006

[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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