the_worm06

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

Friday, February 16, 2007

[PLNI]: What will happen when Plasticon finally files a Registration Statement with the SEC regarding the Common/Preferred Exchange Offer?

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Many investors have asked: "What will happen when PLNI files a Registration Statement with the SEC regarding the Common/Preferred Exchange Offer?"

One has to go no further than to review the effect on the stock price of filing an SB-2 Registration Statement by HISC in order to understand what might happen with simlar filings by PLNI.

When PLNI Investor Relations people where asked about what was going on with the"capital restructuring" of PLNI, they pointed to HISC, particularly since Big Apple Consulting, the Investor Relations consultants of PLNI, were also heavily involved with HISC. Many PLNI promoters, such as jmhollen, have promoted HISC substantially.

Here is an example of hyping HISC by rrufff on a jmhollen moderated Silicon Investor message board:

http://www.siliconinvestor.com/readmsg.aspx?msgid=21772364


and

Here you find the promoter rrm_bcnu just now beginning to mention the Big Apple/HISC/PLNI relationship comparisons:

http://www.investorshub.com/boards/read_msg.asp?message_id=17117444



so,

Lets take a look at what happened to the HISC stock price:


1. The HISC Registration Statement was filed on December 5, 2005.

http://www.secinfo.com/d16J9c.zY9.htm


2. The closing stock price of HISC on December 2, 2005, the previous trading day before the SEC filing in paragraph #1 above, was $0.053.

3. The closing stock price of HISC on February 15, 2007, was $0.001.

4. The HISC stock price has dropped 98% during the period since the Registration Statement was filed with the SEC.





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1 Comments:

Anonymous Anonymous said...

What will happen when Plasticon finally files a Registration Statement with the SEC regarding the Common/Preferred Exchange Offer?

Maybe then you'll shut up.

10:21 PM  

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