Plandai Biotechnology Inc (PLPL)

[Jasonh2]

I have been adding 2’s over the past several months, averaging down etc.. I was in line to get some 1’s but I never was able to get any.. I’m not betting the bank on this one, but have a nice little hoard accumulated. Obviously not as large as some of the others on here, just have to play the waiting game unfortunately.

[Aquahoya]

Not me. Not right now.

[marylandstockguy]

Interesting volume today, although we did see that one massive volume day about 3-4 weeks ago? Are you guys bidding 2s? Tempted to here.

[Aquahoya]

This will get a new company and probably will become a major runner as things continually heat up. Glad to see some life.

[bri123]

Yummy 3's. Eat em up! Breakfast of champions!

[bri123]

Yes. Hopefully we get a run here.

[marylandstockguy]

I noticed that too. It's not a lot of volume but at least it's something. We're seeing a few more runners in the OTC these days, so someone out there may be hoping that LOI news hits and this can run with them.

[bri123]

Slowly nibbling on those 3's! Looking good!

[BGC2137]

PLPL

[Penny2Dime]

Agree!

[marylandstockguy]

I get it. There are a couple I'm doing that with too. Not as much here but have some in case there's a pop. Very tempting to get these 1/2 plays without outrageous OS/AS totals.

[BGC2137]

PLPL still has a pulse. Either way we are in it to make bank or a tax loss for us. PLPL

[zombywolf]

I keep adding 2's here and there. Builging up quite a stash in one ticker for me. Want to be one of those "evil" frontloaders they warn you about, lol

[marylandstockguy]

Hope you’re right. Holding on here until the end win or lose. May as well now. Tempted to add 2s here but there’s just no clarity.

[bri123]

I feel the same. Tad made a huge improvement on derivative liability on the last filing.

[zombywolf]

Thanks, Man. Same to you.

[zombywolf]

I might agree if we are in the same place a year from now. Not yet, 2024 is going to be a decent stock market year and somebody is going to want in.

[zombywolf]

As long as Tad is submitting fins and not diluting, something will happen at some point. I am convinced he is making sure the next one goes through, so he is taking his time to find the right one, however long it takes. And it will be mostly finished before he announces it. JMO.

[Aquahoya]

This is going nowhere. You should sell and take the L.

[marylandstockguy]

I know it's too late to say HNY, so....Happy Prosperous Year Z. May we merge with Blue Origin, which inexplicably wants to go public :)

[marylandstockguy]

Happy New Year buddy! We got B-slapped on this one, but you think it's got a shot at a new merger, or at least another of our favorites, a binding LOI? :) That one day was bizarre trading, now it's back to silence. Hopefully we get some news in the next few weeks/months.

[BGC2137]

PLPL 2024

[bri123]

Hoping for good things this year!

[zombywolf]

Happy New Year, lets hope this is finally our year!!!

[BGC2137]

HAPPY NEW YEAR!! PLPL

[Aquahoya]

The market is turning, so if there was ever a time, this next month in the new year would be a perfect time.

[BGC2137]

[BGC2137]

PLPL is currently breathing on its own. 2024 will be a great year!!

[CAHalamoutis]

:)

[Penny2Dime]

Agree!

[BGC2137]

PLPL still has a pulse. PLPL$$$

[tntgraham]

Would be nice right, probably after holidays at this point

[bri123]

C'mon Tad, give us a Christmas present!

[marylandstockguy]

you too! I've been here for all 3 RM attempts too - unfortunately I didn't trade it properly :) Here's hoping we do well in the end.

[vegasopc]

I actually got in on this one from the very first time around and did pretty good. I did ok on all 3 attempts. I'm hoping the 4th attempt is the Motherlode. GLTU

[marylandstockguy]

You just never really know. I think the argument of OS isn't a great one, although this is one that is looking to RM. Just look at Spooz today - 5.5 billion OS, and it's up 400% today from .0002 to .001. Anything can happen in the OTC world with the right kind of news.

[zombywolf]

He has learned his lesson, lol.

[vegasopc]

$$$PLPL$$$ 100% agree. 4th time will be killer, imho. $$$

[zombywolf]

It won't need a miracle, just wait out Tad to get another company in here. He is connected to find one, should have somebody within a couple months.

[vegasopc]

$$$PLPL$$$ Hoping for a miracle here.

[marylandstockguy]

"Plus if the authorized shares aren’t reduced as well, which usually they.aren’t.. it will have that stench of a dilution scam."

That's the big problem I see as well. You can just do a huge RS, then dump more into the OS again. I also wonder what's to keep a company from reducing the AS, only to move it back up to where it was later on down the line.

[Epoxy7]

Like I said before, not a well known stock. Where are these new investors going to come from after burning the current ones?

You burn the current investors and you risk little to no interest after. Especially in this current market with a relatively unknown shell.

Plus if the authorized shares aren’t reduced as well, which usually they.aren’t.. it will have that stench of a dilution scam..

Bring in a decent company. Grow it and the SP. Usually they offer up listing or some other incentive to offset a RS.

If nothing is offered then expect zero interest. The SP will tank further. Those “ new” investors won’t exist.

[price_and_volume]

Absolutely NOBODY cares about existing shareholders.

In conclusion, those pounding the RS drum don't care about existing shareholders.

If Tad or anyone previously looking after $PLPL gave 1 shit about current shareholders there wouldn't be 8+B O/S and there might be an operating business.

Existing shareholders are meaningless w/ this SS and trading at .0002

Existing shareholders are meaningless w/ RMs - those are designed to suck in NEW money to sell to, not to "reward" existing shareholders for their misplaced hopes, dreams & faith.

Either way, and no matter what happens, GLTA.

[Aquahoya]

There are many holding 100s of millions shares

[zombywolf]

Might have a point there, snoof.

[vegasopc]

Looks like existing shareholders already threw in the towel. Hope it doesn't go to no bid.

[snoof77]

Zombywolf, enacting an RS now would screw existing shareholders as there would be no assets supporting the higher post RS stock price. The stock would then drop 70-90% as existing shareholders throw in the towel.

There needs to be an RM in place to justify future value of the ticker in order for the stock to maintain its post RS price.

In conclusion, those pounding the RS drum don't care about existing shareholders. They want to buy in after an RS, and post RS 70%> drop in the stock price. I have no problem with someone using such a strategy, but don't try to tell existing shareholders that an RS without an RM in place is a good thing for them.

Snoof77

[zombywolf]

I dont think the SS is that important to a company merging in. They will own the control shares and can fix it to what they want. But since it will have to be done, might as well do it now while we are deep in trips. Will save the new company the negatives of doing it themselves.

[price_and_volume]

Create confidence in whom for the long-term?

The OP even directly states that Tad should "let the stock CRATER on HIS WATCH over the ensuing months." So over several months, just let it drop what, like 80%? How does that create confidence for the long-term, even if you've cleaned up the shell?

Neither Tad nor an incoming RM partner give a shit about current shareholders.

The idea is to CLEAN UP THE SHELL so it's an easy sale to a legit RM partner who can then take it and run w/ it.

This shouldn't be that difficult to understand, but I'm happy to agree to disagree cuz it doesn't matter what anybody wants, it appears Tad has no plan to clean it up as I suggest, so the incoming RM partner will be forced to screw-over everyone instead.

Just keep your finger near the sell-button on incoming hype and you'll be fine as long as you click the mouse before the dump.

GLTA

[marylandstockguy]

It happens on the big boards of course, but after doing forward splits. Sirius/XM radio has a big OS but I don't think they've done any splits...

OTC? Agree it's rare. Trans Global Group was doing well, but it's back at .0012 and expert market. Dark Pulse? Now at .0019 but had been much higher (I think around 20 cents). Green Globe International - now at .0008 but was at 3 cents. I'm sure there are other examples out there, and I know a lot of those runs were 2020/2021, but I guess my point being it could run a little bit from .0002. Obviously TS*NP. Genesis Electronics Group is another. These aren't explosions per se, but decent runs.

It's only 2 billion AS, but Blackstar Enterprise Group just recently went from .0001 to over 1 cent in 3 months.

I don't think the RS would have to be right here. If you do it at the bottom, it's likely big trouble. Rennova Health may be another example of the problem of RS'ing at .0001/2. If you can get a decent run and then do it, that would be preferable (of course I'm speaking for us current shareholders).