the_worm06

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

Thursday, August 16, 2007

[PLNI]: In a truly unbelievable statement, promoter Rick Matthews (rrm_bcnu) blames everyone except PLNI CEO Turek for the bankruptcy of PLNI

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Even though there is now enough public information of a trail of self-dealing, deceit and fraudulent behavior by PLNI CEO James N. Turek, Sr., amazingly this promoter from Sedalia, Missouri now wants to get revenge for the rest of his life on the cybersleuths that have pointed out the fraudulent red flags for over two years now. Additionally, in another surprising comment, he continues to accuse the evil naked short sellers of causing the bankruptcy.

How little does Mr. Matthews remember that it is him that has been advising current and potential PLNI investors to buy more shares or to just hold on to their shares and not sell into the market, no matter how negative the publicly available information was out there during the last two years.

To get a small sample of what is ahead for PLNI CEO Turek, here you will find what the U.S. Department of Justice recently filed in the PLNI banruptcy case regarding his fraudulent behavior in managing PLNI:

http://snipurl.com/1pdz7


In the opinion of the_worm06, Plasticon International, Inc. (PLNI) will be known as one of the top five biggest scams ever in the history of pinksheets.




Here is the statement by Rick Matthews (aka Richard R. Matthews aka rrm_bcnu):

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22141827


Posted by: rrm_bcnu
In reply to: DTL who wrote msg# 31541

Date:8/16/2007 10:27:17 PM
Post #31543 of 31549

DTL,
I believe they were deposed. Need to check back to be sure.

You know, what really angers me the most about those who revel in their joy about taking down PLNI is that they don't seem to care one bit about the people and lives that the whole incident represents.

The employess of Plasticon and ProMold are in real danger of losing their livelihood as the kids go back to school and the holidays approach.

The shareholders who invested could see the trading in PLNIQ stopped by the SEC. Some I know have hundreds of millions of shares, their entire life savings involved. The gloaters just say "Hey, they bought their ticket, let em die!" This isn't about who wins anymore. This is about what is right and what is wrong.

Those of us who have fought against the manipulation we saw in the trading of PLNI, who are shareholders and have been threatened with lawsuits, and in some cases personal threats, will be on the trail of those who did this for the rest of our lives. I have no reason not to continue to collect evidence on those who gloat about this until I end my days. Where ever they go, whatever stock they turn to next... I'll be there... collecting and reporting.

If someone in Plasticon is responsible for misdeeds I hope the Trustee uncovers it and takes action. I also hope that the Trustee examines the Issued vs the Outstanding of shares held in street name in detail and advises the 12,000+ shareholders as to that status in an official court document. If the Trustee examines the daily trading stream of PLNI they can't help but witness the bogus trading and manipulative actions we witnessed.

We finally have someone examining the truth... and although that is a strong positive in the battle for good, it may result in all of the shareholders losing everything they invested in. The only winner in that situation would be those who hold phantom shares they've already been paid for. They would never have to worry about covering and paying taxes on something that doesn't exist any longer.. now would they.

rrm



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► Any comment provided is my personal assessment of the indicated stock and should not form the sole basis of any buy or sell decision making by any reader.
Short & Distort and dissembler complaints > enforcement@sec.gov






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2 Comments:

Anonymous Anonymous said...

Sad what rrm has done to other people, and then whine about being the victim! What a crock of horse patooty!

And that post by rrm is just hypocritical. A lot of empty, emotional bullshit and threats! Give it up, Rick! None of the "bashers" that I observed did much more than post the truth AS THEY KNEW IT about a company that did everything in the world to withhold that truth. And the very things they posted are NOW a part of the DOJ/Murphy Motion Filed in a Federal Court under oath!! (Hmm, maybe the US Trustee is really a Naked Shorter of an MM in his off hours?) And who was one of the obscurers, disinformers and liars who helped perpetuate this ugly scam and fraud? Well, little Rick himself. Rick's many lies and misinformation attest to his greed and immorality in trying to make money! And the Jury is still out on any relationships he may have that may implicate him more deeply, in my opinion. Personally, I think he is just a low self esteem woos with an over developed belief in himself and his weak minded ideas. probably the result of being a virtual nobody all of his life and an opportunity to be a Stock Guru steering hundred of investors to great fortunes, yada yada... Follow the Yellow Brick Road!

And with all that empty righteous indignation about people being stuck now with lost life savings and ruined lives with blame heaped on those mysterious (and mostly non-existent) naked shorters, stock manipulators and boogie men, Rick need only look in a mirror and see who, aside from the principal scammers and fraud organizers like Turek et al, to find the aiders and abettors who not only helped suck people into this scam, but also

And of course, Rick is the very same scumbag who has made a very concerted and very thorough effort at deleting any of his many posts that clearly demonstrate his culpability in this fetid scam!

What say you Rick? Why do you not feel partially responsible for misleading new investors and disgustingly keeping bagholders in this investment when they had chances to sell and get some of their investment back? Why do YOU NOT NOW admit, with the DOJ Motion and the Murphy Motion which lays out the Fraud, Deceit and self serving/self dealing Mismanagement by Turek himself? Why still keep hope alive when this has almost NO CHANCE of ending in anything but a disaster for the innocent investors!

And as far as the large losses personally suffered by you Rick, DTL, bearclaw and the other low-life, low moral slugs who are fellow-travelers in this heinous crime, I CELEBRATE YOUR LOSSES! Well deserved. Congrats. Even GBP had the common sense and decency to shut his pie hole and slink off into his hole when he realized he had been scammed.

To those innocents who have lost money in this scam, I suggest that when you put together a CALS against PLNI and Turek et al, include Rick, DTL, bearclaw, and all the other dishonest scumbags who helped do you such damage! They deserve to pay the heavy price of Justice!]

Rick, shame on you! Live with your heinous actions. That you refuse to acknowledge your role in this scam, whether innocently done, done with greed or with intent as a paid shill says a lot about YOU! Shame on you.

FTR, all IMO!

5:28 AM  
Anonymous Anonymous said...

I suggest that the Trustee and Murphy Legal Teams subpoena Van Dyke for a Deposaition! Why do I suspect that will be a dicey event!!

The first question should be: What is your relationship with James Turek Sr!! LMAO Perjury here we come!!

7:48 AM  

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