Well, it might be right that such negative statements in 10k are in the interest of SEC and imn the interest of a management, which prefers to suck shareholder in the opposit in creatin shareholder value. but it is very obvious, that Plandai is NOT able to make any positve statement as there is nothing positive to state! I have been reading tons of 10k within last two decades - and many of start ups wrote about new partners - if their efforts have been noticed by companies who started a partnership - also the positive development of a product has been discript etc.etc.
Plandai obvioulsy has nothing to state in this direction, as well as their vice president states nothing. In my opinion a very poor behaviour after two years - just their promoter repeats endless the great development in cancer, viagra competition etc. - but I don't read anything about this in officil papers of Plandai !
Why? Because it is a difference to promise something in a news release - which could fail - in the opposite to state something inb a document which is readed by the SEC !
This is my take about this strange 10ks of PLPL.
Howeve, I believe we will see another hype for soem days, driving the stockprice north - but I don not believe in those multi-millions of revenues by Plandai as they even do not get their tea extract on the road, neither their extract method will not thrill the biotech market in my opinion. A promisingbiotech story is differenbt to a story like Plandai - it is simply to harmless to be a ten-bagger.
As always, IMHO !
