Plandai Biotechnology Inc (PLPL)

[Kyle279]

It’s all factored in to the cost of going public this route. Why do you think that’s so odd ? It’s just part of the deal …. Like closing costs.

[Aquahoya]

It may be because we are in trips.

[bri123]

With eTrade I see OTC's drop down to a lower size usually, and I do occasionally see the sizes change to 0, so I guess it is not that unusual.

[Jaxxm]

Great volume over half billion

[marylandstockguy]

Is it really that unusual to see bid/ask drop to 0s at close? It seems to me I've seen that reflected on eTrade when I check stocks at the end of the day. That's not a common occurrence in the OTC?

[bri123]

Hopefully they do name / ticker / SS change all at the same time. That would give the best result for existing shareholders.

[bri123]

Bid and Ask size both dropped to 0 at close. Unusual. FINRA daily list news tomorrow maybe?

[KOmani]

Waiting?

Shieeeeeet, the degens as a group should have demanded a higher percentage of the new corporation.

[marylandstockguy]

Is FINRA still pretty backed up resolving various issues? I remember them being pretty backlogged on reviewing filings and attorney letters on companies attempting to reach pink current status, so patience could be required here.

[bri123]

Sweet!

[Due Diligence Virtuoso]

FINRA is processing a Ticker and Name change according to the last filings. I can assure you news is coming.

[Jaxxm]

Added more

[bri123]

A ton of 6's to push through here. Don't see that happening without news.

[KOmani]

Yes, let's give a bunch of OTC degens 20% of our company.

This is what every company dreams of doing.

The bigger the company, the bigger percentage should be given to the OTC degens.

[Due Diligence Virtuoso]

PCAOB was being completed for 2021 and 2022. It was pressed out October of 2022. PLPL fiscal year ends in June, so the new company can easily get the 2023 audit completed. I believe the new company will change the Fiscal year end w FINRA, along with the company name change. I know everyone is in a rush to get information, but were going to get updates for sure. FINRA had to approve this merger Afterall. Remember Byoplanet was not approved!

FINRA would not approve a Reverse Split.. That is part of the reason Rick bolted.. THANK U FINRA.. NO RS..

[marylandstockguy]

True - probably the big difference between this and other shells, and why San Global may have picked this one.

[Aquahoya]

Remember, this is also important. This, in its past, was PCAOB audited.

[varok]

That is a good question. What we are now waiting for is the actual business model and then the company will release various forms mainly Form4 on insiders. This usually will accompany the preferred issues and other pertinent doc to establish the direct ownerships breakdown. This will encompass the board of directors and others. When this is finalized and the legal aspect of the breakdown the company can then detail the share structure as with respect to reduction.

Have a good day
varok

[marylandstockguy]

Interesting....didn't realize that. We shall see. Funny name for the company if that's the case. Maybe something just gets lost in the translation. I know that issue may have been addressed with stervc's post #33750.

[zombywolf]

If we have the right guy, the company he owns is known as the Fedex of China. He is in the delivery biz, and makes sense we are seeing connection to an import export type operation. This is how big this could be.

[KOmani]

If they have assets, giving 20% of the company to a bunch of OTC degenerates is more than generous and borders on insane charity.

[marylandstockguy]

Thank you Varok.

In your experience, when you have seen OS's increased substantially in an effort to avert a hostile takeover, have you seen a subsequent reduction in shares later down the line when the threat passes? If so, what would make the threat go away, a significant rise in share price?

[zombywolf]

Good explanation for the idiots coming on here that are clueless about share structures.

[Jaxxm]

Nice post Varok, appreciated

[varok]

Good morning,

Allow me to make an observation on the share structure. I realize folks will do their DD and upon the noticed of the really, and it is large, the O/S of 44B. Man that is a real looker when I first noticed it. However, upon further into it and my years in M/A makes sense as well as who is behind this.

Just earlier in the month the share structure was 8B O/S and then a total acquisition of increasing the A/S to 50B and O/S to 44B on the surface may seem to many as in WTF!.

Well folks, it really isn't so bad since the majority or about 80% is restricted that puts these shares out of reach. See, many times when a large concern comes in and initiated takeover like we see here is important to understand that the reason for such a mechanism with the share structure is to apply an insurance safety net known as a mechanism against 'Greenmailing'. Knowing the man behind this will certainly attract Folks to conduct an assertive effort through backdoor applications into a hostile takeover. This is simply a preventive mechanism.

I believe the announcement coming on what entails the merger will be so huge and I'm balancing this with the share structure that it may be so significant that the share structure is a moot point for our ROI.

In the coming weeks we will have an interesting ride through this process.

I consider this in the range of .0005 to .0008 as a nice buying opportunity.

Have a good day.
varok
.

[KOmani]

Someone smacking that bid.

[BrassBalls420]

$$$$$ MASSIVE SLAPS!!!! $$$$$ -CHEERS!

[Due Diligence Virtuoso]

2 Billion in volume in 2 days so far. Looks like people are loading this to me. As always the insiders load to the gills before retail knows the exact details of the merger. I hope it is the same Billionaire that the prior poster suggest is taking over.

[Jaxxm]

Thanks, great info and opinion.

[bri123]

Stalled out now. Need some news to get'er movin!

[marylandstockguy]

Excellent - sounds like we may be in good hands here. I like to watch the daily proceedings like everyone else, but won't concern myself too much with it. Let's see where we are by the end of the year.

[varok]

To comment on your synopsis about Wang Wei is correct.

He is a very closed mouth individual that has avoided outside money into his ventures and appears things have changed. His large ef- express that he founded was on private monies business he has stated. He is a no-nonsense visionary. He will attract outside sources; His name is alone a huge get.

Have a good day
varok

[times3]

Certainly

[jimtash]

And now the dump at .0005 followed back up to .0006 and an ask size bigger than before. Classic PLPL.

[Jaxxm]

Grabbed a few, monster volume since friday

[jimtash]

Ask size keeps refilling with volume. Same old same old.

[marylandstockguy]

Thank you for this post. "Delivery" might explain some of the Twitterverse theories that the company would be in importing/exporting too, with exporting constituting their delivery. If that were the case, I wonder what type of exports we're talking about? It might not matter, so long as there was a big market in that area, but just wondering out of curiosity. As others have pointed out, a PR explaining a bit more about the company would be great, but we're on their time schedule and that's ok.

[stervc]

alstocks, here with PLPL...

I have always respected you as we are in another stock together to where I know you are not a basher. I wasn't going to post here because I didn't want to attract the bashers here that usually stalk me from time to time to clog up the forums with their usual BS false claims about how I'm behind everything in the market pumping and dumping. When I saw you post here, I figured I should respond to you publicly.

I've been trying to see if this Wang Wei is the same guy that is listed within the company's registration that's coming in here in a few places and within OTC Markets. Some spots have Song Wei Wang instead of Wang, Sung-Wei, but I know they are referring to the same person. Some places, like this old article in 2017 referring to the third richest man in China that was worth over $23 Billion, just says Wang Wei:
https://money.com/wang-wei-delivery-man-richest-billionaire-china-ef-express/

Within that article, instead of the word "catering" that's within the OTC Markets filings, they used the word "delivery" within that article of which could be considered synonymous with each other. I'm doing some more digging to try to confirm, but I haven't been able to confirm if it's the same guy or not. Maybe someone else can dig a little deeper than what I can to see if this is our guy that is listed for owning San Global Dining, Ltd. aka Sanjian Capital Co., Ltd., the Chinese name for the company that's coming into PLPL per their filings within OTC Markets.

The new management bought the preferred and 80% of the OS. In my opinion, you don't buy that huge amount of billions of shares that they bought unless you have a huge purpose. That would lead one to believe that they must believe them to have huge worth. There are a few other reasons as to why something pretty good could be happening here. I think if you peruse through the forum, you would read some of them.

v/r
Sterling

[Due Diligence Virtuoso]

PLPL, why did they hire 2 Merger & Acquisition specialists? I have never seen 2 people used. Actually you normally just see the old Shell owner/CEO/Lawyer stay on and help. Why so many people working on this Merger? Must be larger then people think. Tad did say he would go out in in big bang. I guess this is what he meant.

[times3]

.0006’s getting hit pretty good

[phantom1]

Some info about the new company sure would be nice. Without some decent data, all the volume just brigs out the cockroaches.

[ThatStockTrader]

Aaaaand we're off to the races!

[Aquahoya]

Thanks for posting at the same time as you normally do with the same nonsense as usual. Very original.

[TrendTrade2016]

Classic stupidity from one of the more deranged sheep

[TrendTrade2016]

Little pump before the RS

[TrendTrade2016]

44 billion OS. Lmao. This is a great example of the stupidity that lives in our society. This is exactly what the governments want, blind and dumber people to walk our streets. Keto em stupid, spike their food to make them stupid and then they can sell them scams

[zombywolf]

I think "moron" may be too generous a description.

[zombywolf]

Where did I say it was low? You are saying that all shares are in the tradeable float. That is not the case. Being a moron, I would expect you not to understand what restricted shares are. The same 8B shares are there that are not restricted and tradeable. Do you also need me to teach you how to spell C-A-T? Oops, just did. That was a freebie too.

[JusDePomme]

Any stocks have a buyer in one single transaction 120 mil will start a rally for sure. Plpl have back to back hit .0003 and another .0004 on Friday. It brings a lot of eyes on plpl Last week. Those two or three front loaders at .0003 and .0004 succeed running plpl! Congrat to them if they still hold

[billdean8]

That's the right building. Address is in quarterly report on OTC markets website. New owners own 80% of the common shares 80%