Plandai Biotechnology Inc (PLPL)

[marylandstockguy]

The most intriguing post I've seen for San Global came from Elvis747man on X, and he highlighted 3 main possibilities:

1. The CEO, Lin Yikuan, founded Sanheyuan, a Taiwanese catering company which also provides carryout and dine-in options in major shopping malls in Taiwan, and apparently one Sanheyuan store once generated revenue of $60 million in a single year. (I think this is something you referenced in a post a couple weeks back).

2. They have entered into the fusion market with "Taiwan Soul French Cuisine." That sounds like a very unique combination. Apparently this was an effort to revolutionize Taiwanese food and make it more interesting to the younger generations. It sounds like it's worked, and they have been receiving Michelin stars for awhile for their restaurant in this arena, named "Tairroir."

3. A catering company (also designed by Yikuan) named 85TD opened at the beginning of this year in Taipei 101, and serves the 85th and 101st floors of the building. That sounds like a great move, considering the size of that building, and it explains how they chose this building as their headquarters. Apparently they have a chef, Xie Wen, who is the "Master of Cantonese Cuisine" working there. The revenues that could come from this venture could be big - imagine getting a foothold with a great restaurant in the Willis Tower, or One World Trade, as examples.

It's that tweet that has me thinking a little bit bigger here - seems like there's serious revenue potential between these three ventures, if they're in fact all tied into San Global Dining.

[zombywolf]

The problem is that company only operates in Taiwan, and useful info is in Chinese. That may not even be the name in English. We just have to wait until they let us know who they are and what they are doing here. Some of us have been here for a couple years, so we are used to the wait here.

[marylandstockguy]

I have noticed the same. This could be a result of Far East businesses keeping their cards close to their vests, as has been pointed out on this board a few times.

[torontoasian]

Best to accumulate slowly. Until we get new update from the new company.

[boston127]

Cannot find any data on San Global Dining.

Tons of data on Global Dining. We are stuck here in nowhere land, waiting and hoping.

[bri123]

LOL. That would be hilarious.

[marylandstockguy]

How about Plan-Global Dai-Ning? Yup I'm bored on a slow volume day.

[torontoasian]

What do you think the new name/ticker will be ?

[torontoasian]

“Merge has already happened. They told us a name change was coming. FINRA has to approve for either to take place.” -Zombywolf

I’m getting contradicting information

[bri123]

Yes. The company needs to ask for that (file paperwork for a name and or ticker change) of course. But we have no indication from the company they have done that paperwork yet. But we also have not heard anything from the new owners, as we are still waiting for a PR.

We may see a change with their Nevada filings first, and in that case, you would see it here-
https://esos.nv.gov/EntitySearch/OnlineEntitySearch

[marylandstockguy]

Per a google search, the name change has to be approved by the Regulatory Review and Disclosure Unit at FINRA, is that correct?

[bri123]

Approval of what? The company can request a name change / ticker change / share structure change at any time. The merger is done already. They submit the paperwork, and it may take 30 days to take effect (if they request a ticker that is not used already).

These new people have never run a publicly traded company, so they may not understand all the details, or care how fast things happen. They did not buy the company for your benefit.

[torontoasian]

Is there a timeline for FINRA’s approval?

[torontoasian]

Update: Nevada is old news. San Global Dining LTD,Catering, Is the new management control.

[torontoasian]

“Plandai Biotechnology, Inc., a Nevada corporation, is a publicly quoted catering and catering management operation in Taiwan“

Maybe they are not a biotech company anymore

[marylandstockguy]

I'm sure there's always going to be the type of speculation, and that sure seems like insider trading. To answer your question, I don't know, for the simple fact that I'm a peon compared to those that may be in the know. I'm in the dark like many of us on here, just waiting.

[Iwasbornpoor]

When FINRA makes an approval does the insiders know before the public?

[marylandstockguy]

Is there any chance it's related to an upcoming name change? Unlikely, but the timing is interesting 7 weeks out from the quarterly revealing San Global Dining.

[torontoasian]

How come Plantai’s twitter went MIA ? Their official website is now “pop up alerts”

[Iwasbornpoor]

Uh oh

[torontoasian]

Tomorrow , is going to be a good day

[all the way up green]

yes, my average is @ 0.00021...

[bri123]

If you bought at $0.0002 you did great! Even at $0.0004 its a good buy. Hope for good things this week!

[all the way up green]

Semi off subject... I had a dream last night and the letters PLPL kept floating by with in my dream. Some may take that as a positive & some may take it as a negative, I'll take it as a watch and follow. As of this month I've been holding PLPL since May 25, 2023, so one year now and I'm still in the green and that's a positive.

[newlevel87]

Yes sir it’s coming. Im ready ready $plpl$$$$$$$

[kBletsgo30]

Yeah I am building my position slowwwly thanks to Schwab taking years to deposit money

[Iwasbornpoor]

Doesnt work like that.

[zombywolf]

Merge has already happened. They told us a name change was coming. FINRA has to approve for either to take place.

[torontoasian]

Any links to the; new merger, name change? You claim

[Iwasbornpoor]

If anyone is cursing or upset make a note of that. Ask yourself, are you bullish or bearish. If you think you are bullish and are worried about something that means you are bearish. Self awareness is key

[zombywolf]

FINRA to get off their azz. They have to approve name and ticker changes and most mergers. I suspect that the company wont announce anything until the approvals are in. Good time now to build your position.

[Iwasbornpoor]

You should totally risk it all then. Not financial advice.

[kBletsgo30]

What are we waiting on? I’m brannnnnd spanking new to this stock. Put a little starter in

[boston127]

Thanks. I'm going to put in GTC

for 500,000 @ 3. If you see that hit, you will know it's me.

[zombywolf]

B, you might get 3's if you are patient. FINRA takes forever to approve anything and the underprivileged here will get impatient.

[boston127]

Sellers: I'm on the BID at 4.

I have two orders, both with 250,000 shares at 4. I can wait forever, but prefer to get it done today.

[bri123]

Sounds awesome. Now I'm hungry.

[zombywolf]

Monterey cheddar jack cheese, queso cheese sauce, diced tomatoes, shredded lettuce, jalapenos, sour cream, tortilla chips, Old Bay dusted. With Crab and Shrimp on top.

Orange Crush- OJ, Sprite, Triple Sec and of course, Orange Vodka.

[bri123]

Crab Nachos? Never heard of such a thing. Sounds good though.

[zombywolf]

86 degrees and sunny. Plenty of boats on the water today.

[marylandstockguy]

Very cool - forgot you had the Maryland connection as well. I went to Washington College long ago, which is pretty close to where you are now, maybe like 40 mins? Hope you're enjoying this weather!

[zombywolf]

Yep. Figured I would do the same. Sitting in Chesapeake City with a Orange Crush and crab nachos.

[marylandstockguy]

I speculated (like the rest of us probably) on Wednesday that this could happen. Not surprised.

[bri123]

Slooow day. People on vacation already I guess.

[jimtash]

And I thought this is under accumulation under the guise of waiting on news. Who's taking the chance of selling when news can break at any time?

[jimtash]

Are you absolutely positive it was profit taking? I've had the pleasure of dealing with one stock that had a share reduction without a split. And still managed to have dilution.

[boston127]

While 12 to 1 Sells vs Buys sucks,

at least there were Buyers stopping a complete meltdown and bloodbath. Profit-taking is the name of the game.

[Iwasbornpoor]

The company likely plans on waiting for a high price only to unlock those restricted shares and make money

[getredneck]

3 day weekend, profit takers.

[price_and_volume]

What makes you think they'll "post news"?

When will they actively start posting news for their investors ?

Is there any reason to believe incoming RM will care about shareholders?

Typically they don't... and new SS makes me think, "probably not".

Maybe you've heard something different from a good source?

My expectations: Restricted will be converted into Preferred, then they'll file for RS.

I guess we'll all see over time.