[PLNI]: Plasticon International, Inc. dilutes stockholders further in yet another PIPE financing, this time for $760,000

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Considering the significant discounts to market price that these PIPE's demand, PLNI more than likely issued more than 1 billion common shares of stock for this Reg D Rule 506 PIPE financing filed with the SEC on November 6, 2006. The issuance of 1 billion common shares would represent an increase of about 20% from the common shares outstanding of 5 billion previously listed in SEC and pinksheets.com filings by PLNI.

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