Plandai Biotechnology Inc (PLPL)

[bri123]

Yeah, until we get some news we are just hanging around in this price range.

[Kool Aid Man]

$100 end-of-day ask slap painted a +25% gain.

The average price today was $ 0.000209... so .0002

[bri123]

I've noticed the TA has only reported the updated OS to OTC every other day the last two times. They had been updating every day for quite awhile.

[Kool Aid Man]

IMO..FINRA is unlikely to approve any reverse merger with PLPL. I say this based on:

1) The long scammy history of this ticker and the sequence of events of those involved as well as

2) The enforcement actions taken against both management AND the company itself and

3) Attempts to rehabilitate and resurrect the ticker in order to give the appearance that all skeletons and landmines have been unearthed and properly disposed of.

I'll be happy to share specifics with anyone interested in reading them. Otherwise, people can simply wait to be duped for yet another time.

[zombywolf]

Someone that spoke to Tads side also said they confirmed the shell was fine.

[Aquahoya]

I have heard on other tickers FINRA stopping things from happening for a long time even when the shell or company is in good working order. Personally, I think the shell is perfectly fine. I think FINRA is slow as hell.

[OwnerBDXL]

Agreed. Same feeling in my talk with him. He said he'd avoid FINRA if possible and that he lost 6 figures. That's why I wonder if this shell had more issues that make it dead weight. If it has something going way back in its past that Tad can not account for and resolve with documentation of proof as it pertains to Financials that could be a no go on any actions... just a thought, I've seen it before with another play.

[Aquahoya]

This wasn't about the money. Rick for whatever reason was scared over FINRA. He could have also been scared about many other things within his company or not. No way to tell, but he didn't see a path through FINRA that was quick. Plus, he wasn't willing to pay certain requirements to Tad. Just seemed like Rick got scared. Just my opinion from my chat with him

[zombywolf]

I think this also means that we will get somebody with revenue moving in to take advantage of the NOL. You don't get any tax savings on zero revenue.

[zombywolf]

That is what I don't get about the deal cancel. Byo had revenue to apply to the NOL and to make money from it. That would eliminate the assumption the cancel was about previous debt. The NOL covered it.

[Aquahoya]

Just imagine the amount of profit they could harbor from the NOL alone.

[zombywolf]

Pocket change compared to some other shells. You would think that the tax savings with the NOL would more than cover that.

[Aquahoya]

Rick told me there was $200k or so left.

[zombywolf]

First, the SS is meaningless to whoever merges in-they can fix it to what they want. There is a huge NOL with an audited shell, which is attractive over other shells. The only question is the $500k in debt snoof was talking about, have to check that out in the upcoming fins next month.

[Kool Aid Man]

Tad KNOWS a "pumpable story" = $$$$$. His history proves it.

IMO the ONLY reason to announce a reverse merger before it's approved and finalized is to immediately start the pump-and-dump. EVEN IF he's not actively issuing pump PR's he apparently has no problem taking calls and passing on info to others who will do it for him on public forums like this one.

I personally think Tad is doing this as part of some backroom, quid pro quo deal he cut with PLPL's old toxic convertible debt holders. Just a suspicion I have. Since taking over he has issued almost 8 billion shares to them. Had they not agreed, they could have legally compelled PLPL to issue a virtually endless amount of shares in order to "true up" the remaining debt they were owed. As each new 9.99% tranche was issued and dumped the PPS would continue falling resulting in the "death spiral" such toxic financing is notorious for.

https://www.investopedia.com/terms/d/deathspiral.asp

Here's why these toxic lenders likely agreed to accept Tads deep discounted lump sum share issuances of common stock
https://www.thebasilelawfirm.com/post/otc-markets-death-spiral-funders-days-are-numbered

In March 2023 Tad filed two SEC disclosures for PLPL quarterlies dating back to 2016. Check pages F-15 thru F-20 and beyond to see all the toxic debts racked up by this ticker by the crooked ex-CEO Roger Duffield. As legal council Tad had to be well aware of this "payday advance"-type activity. Duffield took the cash in exchange for lenders having the legal ability to fleece investors for years to come.
https://www.otcmarkets.com/filing/html?id=16494707&guid=lUg-kHaUuXJzB3h

Again... Tad is clearly not so incompetent that he can't do basic DD on merger partners. Yet he apparently didn't even do a cursory credit and bankruptcy check on Ken Patel ...or maybe he did and didn't care because Patel was more than willing do the pumping. Who benefited? Obviously not current bagholders who bought this turd on it's way to .0017. Maybe, just maybe, Tad was holding up his end of a deal those mentioned above.

[varmit]

THANK U !!!!
I didn’t realize this makes my 20 milly shares worthless !!!!!

I will just buy more at .0001 and average out :)))))

Plpl will merge eventually

[Kool Aid Man]

You 10 days ago--

varmit
Friday, August 18, 2023 2:02:30 PM
Post# of 33249

WHAT ABOUT ALL THAT HYPE ABOUT THE FREAKIN STEAM CLEANERS AND
AIRPLANE DISINFECTORS

ON N ON
NoW NOBODY POSTING THAT!!!!

Is the deal really off

Bioplanet????!!
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=172632518

[OwnerBDXL]

August 1, 2023 - 3:15 pm
SAN DIEGO, CA / ACCESSWIRE / August 1, 2023 / Plandai Biotechnology, Inc. ("Plandai" or the "Company") (OTC:PLPL) announces today the rescission of a material definitive agreement with Good Salt, LLC due to the material failure of consideration in the transaction.

The material definitive agreement, which was initially entered into on May 16, 2023, outlined the terms and conditions for the acquisition of the Company by Good Salt. However, despite diligent efforts and ongoing communications, conditions subsequent to the closing were unmet, and essential considerations were not settled.

As a result, Plandai had no choice but to initiate the rescission process. The rescission will render the material definitive agreement null and void, and both parties will revert to their pre-agreement status.

Plandai's CEO, Tad Mailander, expressed regret about the situation, stating, "It is disappointing that we had to resort to the rescission of the material definitive agreement due to the failure of consideration. We had high hopes for a successful transaction."

The Company's decision to rescind the agreement was approved by both a majority of the Plandai shareholders eligible to vote and the board of directors.

In light of this development, Plandai will evaluate its options moving forward and exploring alternative opportunities for growth and expansion.

[price_and_volume]

RS or bump the AS likely first imo.

Share Structure is a shit-show.

There are plenty shells out there, not sure why a knowledgeable RM-partner would give $PLPL much of a look.

Or, maybe Tad will try to lure yet another unknowledgeable partner, or maybe another scammer like Rick who posts on the board to pump the stock while paying another group (DueDiligenceDouchebag) to do the same.

Looking forward to more shenanigans here, I think its going to be fun to watch & speculate.

Maybe even a money-making opportunity... we'll see.

[varmit]

Are we still bio planet??? For real?????

[OwnerBDXL]

I understand the need to speculate that the shell is not the problem, i just can not say that for certain, but i have spoken with Rick at Byoplanet multiple times and i'm sure he wouldn't agree with your source's assessment. And unless Tad decides to speak through other means than a "source" then it's he said she said (or Rick says, Source says) at this point and i can only hope Tad comes up with something down the road to move this ticker and given the last 3 all trended down in the high point they hit, with what you yourself actually called "The only serious merge was the last one." being the 3rd one and the one with the lowest high of all 3 (.0011), so it is would suggest that the next may not take it out of trips. But we shall see.

[zombywolf]

The first merger had nothing to do with the shell. The woman involved was way in over her head. EV had nothing to do with the shell, merger never even got off the ground. The only serious merge was the last one. Reports from those that were connected to Tads side said the shell wasn't the problem. Same sources say a deal is currently in the works.

[OwnerBDXL]

I was just thinking this was bottom. I'm not sure what to think honestly. Will Tad find a new RM partner, or is that doomed before it even begins at this point with 3 failed RM now. It would seem that if you fail once it could be anyone's fault, fail twice and it might be the shell that is the issue (Ken from EV was a clown so that one is a toss up) but then we have a 3rd failed RM.....so I am thinking that Tad/this shell is the issue. Hope i'm wrong or hope Tad can pull at least one more candidate so i can get away from this ticker before it goes to Expert market.

[varmit]

HAVE WE HIT BOTTOM
????

OR WILL WE SEE NO BID EXPERT MARKET ??????

[Kool Aid Man]

$4,304 traded at avg price of $0.000253. So that's $ 0.000053 better than the close of .0002.

https://ih.advfn.com/stock-market/USOTC/plandai-biotechnology-pk-PLPL/stock-price

[snoof77]

$PLPL - Buys at ask 4 to 1 vs sells at bid today. Another good day and sign for those that are actually shareholders of this stock.

There is definitely accumulation going on here. My guess is a new RM candidate is going to be announced.

S77

[price_and_volume]

Plus he's juggling upcoming converts I believe.

I've lost track of specifics, but I believe we'll see filings for either an R/S (best case) or he'll have to raise the A/S instead.

No idea on that timing, but LONGs are gambling he'll pump another RM first.

And maybe he will, who knows?

[tntgraham]

Another merge candidate by then

[Kool Aid Man]

Tad has posted nothing on OTC since 5/17. With BYO gone there's no reason he can't dust off his last quarterly without all the BYO baloney. However, IMO he's going to wait till Sept 30th to disclose/ update because OTC will again deem PLPL a shell instead of a "shell risk." That's because the latter looks slightly better.

[price_and_volume]

If true, why less than $4K traded?

Someone knows something. News must be on the way

[snoof77]

$PLPL - Loved watching the T2 wall fall. Someone knows something. News must be on the way

$PLPL

Snoof77

[bri123]

Bid size increasing. Good stuff!

[xmancometh7]

YEP....PROBABLE NEWS INCOMING...WHEN IT DOES 3'S WILL BE GONE IN A FLASH....FOFO PEOPLE...THE HARD WAY....PLPL$$$$

[bri123]

That would be good. Need something to perk up the stock.

[Aquahoya]

We will see. Maybe news?

[bri123]

A sudden drop in the ask size. Interesting.

[varmit]

.0001 SUX!!!!!!!!!!!!!!!!!

What a freakin loser

[bri123]

I too am intrigued by the potential change in old debts. But it could be that dose of intrigue-anol i just took. The fins will be interesting though.

[jufel]

Ok 1 or 2 years from now ????....and that assuming Tadd dilute 1.5 billions at T1 and then declares a 5000:1 R/S... Good luck with that

[DR. EVIL]

You folks on here don’t know how to ride free shares, you need to learn. It’s not hard.

I will sell half of my twos at four.

This will be my third or fourth flip on this POS.

[DR. EVIL]

Where have you been dude?

[varmit]

WHAT ABOUT ALL THAT HYPE ABOUT THE FREAKIN STEAM CLEANERS AND
AIRPLANE DISINFECTORS

ON N ON
NoW NOBODY POSTING THAT!!!!

Is the deal really off

Bioplanet????!!

[Kool Aid Man]

Tad has six weeks to file quarterly disclosure. If there's been no effort to to clean up ALL toxic debts then any new merger will likely be doomed as well.

[OwnerBDXL]

staying in this long proved more foolish. and if history is any indicator, puriblood > high of .0021, EV > high of .0017, last one (which looked the best imo) > high of .0011. This shell, according to Rick wasn't easy to get through and FINRA was not helpful. I'll watch, but Not having an exit plan is foolish. hopefully it screams past trips, but i have my out planned, you plan the way you feel best but i've shed shares during all 3 of these RM acts and the puriblood taught me and EV i capitalized early and I'm thankful for that. On this one i really thought it was gtg so i held on longer because it was binding but that did not matter. I shed some loses held more that i should and i paid for it, so exit plan in place gltu

[zombywolf]

You might want to wait and see what Tad brings next time. The candidates keep getting better for a merge. Making plans to get out before you know anything is foolish, imo.

[OwnerBDXL]

i guess the positive here is maybe 2 is the bottom, if you can consider that a positive. there is a huge wall on the 1s, maybe Tad puts out another candidate so i can move out the rest of my shares....goal, .0007, that puts me slightly in the green after commission and taxes. I might even consider trimming my average a bit with these 2s. glta come on Tad lawyer the shit outta the next candidate, lol

[DR. EVIL]

Thanks dad

BAWHAHAHA

[Aquahoya]

How can you make that statement?

[jimtash]

If it sounds too good to be true, it usually is. Again even if Tad does offload this POS on somebody, they'll still have to contend with the toxic debt and bloated structure. And no one who currently owns shares will see any benefits. No one on this message board affected the stock in a negative way. No one.

[Kool Aid Man]

Having ones opinions proven right time and again is payment enough for some :o)

What’s even more ridiculous are the “unpaid bashers” BAWHAHAHA

FYI. it's BWAHAHAHA.... not "BAW" as in "BAWL" which is what investors in Tad's latest failures probably feel like doing. (actually it's "MWAHAHAHA"). You can't be Dr. Evil if you can't get the laugh right!