amazing how ignorant shareholder are: Nobody discussed this part of the 8K:
"On September
20, 2016, the Company’s Board of Directors voted to approve a stock dividend of 25 million shares, representing 25% of the
total outstanding stock of its wholly-owned subsidiary, Cannabis Biosciences, Inc., which will be paid to Plandaí’s
shareholders of record as
of September 30, 2016. The Company intends to file a registration statement covering the dividend shares
as part of the Company’s plan to
spin Cannabis Biosciences off as a separate, publicly-traded entity in the coming months.
Cannabis Biosciences
is the parent company of Plandaí Biotechnology Uruguay, S.A., and holds the license from Plandaí to conduct all
product development, clinical trials, sales and marketing for Plandaí’s cannabis-derived bioavailable extract"
1. With other words, before Cannabis becomes a story of PLPL - which would be good for PLPL shareholder - they kick this interesting part out of PLPL. A new separat company will make cannabis revenues - which should be reveneues of PLPL and their shareholder who are waiting since years for some revenues.
And, btw, guess who will be directors of this company and will fill their wallets with this new story? And guess which shareholder of PLPL will not be part of this new story?
SO:
2. WHICH shareholder will receive this kind of dividents?! Bet that shareholder here at this board will not receive one 'divident' or one share!!!! I purchase 190.000 shares - curious how many 'divident-shares' of the new company I will receive.
This story is such a f.....ing lie and all those little shareholder here go nuts if the story goes from .02 to .04 LOL.
