According to President and CEO Jim Turek, "This is invaluable information for our shareholders and public to be aware of. As we all know, the naked short selling of stock is a serious problem in the public markets in the United States and throughout the world .Naked short selling distorts what would otherwise be a free market, in other words, a market where a share price value is dictated by supply and demand only, and not by the undue influence of naked shorters, which through short selling, manipulate the price and put excessive downward pressure on the value of the stock."
Is the CEO of Plasticon now making excuses for the price of his stock by the undue influence of dilution and selling of his stock through false and misleading information to the investing public?
What about this blatently lie he put in a pR?
LEXINGTON, Ky., Dec. 14, 2004 /PRNewswire-FirstCall/ -- Plasticon International, Inc.
announced today that the trucks are rolling, with orders exceeding 8 truck loads per month reflecting $200,000.00 to $250,000.00 in new sales monthly.
James N. Turek, President of Plasticon International stated, "Our exclusive distributor with sixty plus warehouses is gearing up to meet spring construction demands. Acceptance of the PAC Chair III, our newest product has been the driving force for these new sales."
Does the CEO of Plasticon in fact lie to the public?
