[PLNI]: Promoter Rick Matthews (rrm_bcnu) continues to defend the syphoning of cash from Pro Mold, Inc. by parent Plasticon Int'l, Inc.

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It is unfortunate that, after presented with information showing that Mr. Rick Matthews of Sedalia, Missouri is completely wrong while defending scam company Plasticon International, Inc. and its CEO Mr. James N. Turek, Mr. Matthews, a retired Raytheon Engineer, continues to attack the cybersleuths that have highlighted his false and misleading statements regarding the fraudulent syphoning of almost $100,000 in cash from Pro Mold, Inc. by its parent company, Plasticon International, Inc.

Mr. Matthews continues to insist that the ADP payroll payments discussed in the bankruptcy filings are tied to the approximately $7,500 per week in cash syphoned from Pro Mold by Plasticon and that this cash is intended to fulfill Pro Mold's payroll.

Nothing can be further from the truth.

As Pro Mold's bankruptcy filing document number 53 that is linked below shows, Pro Mold, Inc.'s monthly payroll budgeted in the court ordered cash collateral agreement calls for $128,730 per month in total salaries and benefits to Pro Mold, Inc. employees, or approximately $29,707 per week, significantly above the $7,500 per week claimed by the Promoter, Mr. Matthews.

More importantly, the approximately $100,000 that has been transferred by CEO Turek to Plasticon from Pro Mold is no where to be found in the court ordered budget for Pro Mold, Inc.

How long will it be before Mr. Matthews is subpoenaed and deposed by the U.S. Department of Justice for his involvement in promoting and defending this massive fraud at PLNI, which, in the opinion of the_worm06 will eventually be known as one of the top five pinksheets frauds in history?



here is document 53 filed with the Pro Mold bankruptcy court:

http://snipurl.com/promold_cashcoll




here is a reasonable analysis of the Pro Mold v. Plasticon payroll comparison:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22505791




here is another sample of the continued false and misleading statements on the Pro Mold payroll issue by Mr. Matthews, including his attacks on the Cybersleuths:

http://investorshub.advfn.com/boards/read_msg.asp?message_id=22504799

Posted by: rrm_bcnu
In reply to: bearclaw51 who wrote msg# 31813 Date:8/30/2007 6:58:41 PM
Post #of 31818

Bear, guys like worm06, scion and others can trump up all the charges and BS they want regarding my interpretation of the filed materials, but if they are basing those charges on information that is not in the public domain, then they open themselves to liability that could come back to bite them.

My read on the $7500 is based on what has been filed. Have you seen any seperate ADP account for ProMold filed? I haven't. If there is such an account, why is it that such information hasn't be posted to refute the opinion I expressed regarding the $7500. All they post seems to be unsubstantiated charges and allegations of wrong doing.

I really feel that worm06 is a very sick person. I feel sorry for him. Anyone that obsessed can't be playing with a full deck.






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