the_worm06

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

Tuesday, October 24, 2006

[PLNI]: Plasticon International, Inc. stockholder opens eyes and makes reasonable requests on Company

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http://www.investorshub.com/boards/read_msg.asp?message_id=14230842


Posted by: rrm_bcnu
In reply to: DTL who wrote msg# 18230
Date:10/24/2006 2:51:10 AM
Post #of 18243

DTL:

Here is my Top Ten Things that need to happen to move the stock.

1) The 8K and 10Qs need to be filed.

2) The current OS and float needs to be posted on the PLNI site or on pinksheets, and maintained.

3) A follow-up clarification of the SEC informal inquiry needs to be included on the site. Tell us what it was about and what the current status is.

4) The shorting history against PLNI needs to be posted on the site. Specifically, the most recent DTC One Day Summary and the corresponding NOBO List need to be posted for all to see and verify.

5) The Share Restructuring Plan or a Shareholder Integrity Plan needs to be published. No one will invest in the total unknown given the level of doubt being fed into the equation.

6) New contracts for Pro Mold and Semco need to be announced.

7) A policy shift regarding announcement of equity dilution needs to be incorporated. Without it, investors will shy away thinking that PLNI is just another pinkie issuing shares. Investors should be formally advised at issuance of treasury shares.

8) A policy shift regarding executive compensation needs to be announced. Salaries need to be more in line with national standards for achieved company revenue, and a pay for performance bonus system needs to be adopted that compensates the CEO for increases in actual reported business revenue.

9) A Board of Directors needs to be establish from existing executives within the company to oversee the day-to-day functioning of the company. They need to be held accountable to shareholders. Think small, stay small.

10) Plasticon needs to brand it's wholly owned subsidiaries.

Examples:

Semco Manufacturing Inc.
A Plasticon International Corporation.

Pro Mold, Inc
A Plasticon International Corporation.


If not, why not?

If PLNI really desires to move to the next level it has to conduct itself as a next level corporation.

JMHO

rrm




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