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Great update on the OTC Page: The Company is a catering and catering management operation in Taiwan
https://www.otcmarkets.com/stock/PLPL/profile
All the OS shares get reversed. They would own the same percentage of restricted either way until they start diluting. Hopefully they would reverse the AS also.
The RS talk is amusing. If the new management owned 99% of the OS, would retail be concerned about a RS? um no cause they essentially would be reverse splitting there own shares will almost almost zero effect on retail. Well that is the exact scenario except management owns 80% of the O/S.. BTW no preferred shares. Being Canceled. .
Maybe, but that doesn't fit my dream so there's that. 😆 Massive RS will be much higher than 3 to 5 cents, IMO
I'm in another so I know what ya mean.
Let's go with Chinese merger stocks lol
How many Chinese mergers sticks do you own?
My guess, and my guess only, R/S may be 1:10,000 to 1:25,000
I've noticed that too. And yes, lets hope they actually put out news.
I think, IMO, that this will tank quickly, even after R/S. Just my perspective.
Outstanding shares must include Restricted AND Un-restricted.
Sorry. Now easier to read.
PLPL SECURITY DETAILS
Share Structure
Market Cap Market Cap
22,444,517
04/19/2024
Authorized Shares
50,000,000,000
04/20/2024
Outstanding Shares
44,889,034,371
04/20/2024
Restricted
36,761,919,904
04/20/2024
Unrestricted
8,127,114,467
04/20/2024
Held at DTC
8,079,907,270
04/20/2024
Float
5,176,257,801
12/31/2023
Par Value
0.0001
I think the last report is incorrect.
PLPL SECURITY DETAILS
Share Structure
Market Cap Market Cap
22,444,517
04/19/2024
Authorized Shares
50,000,000,000
04/20/2024
Outstanding Shares
44,889,034,371
04/20/2024
Restricted
36,761,919,904
04/20/2024
Unrestricted
8,127,114,467
04/20/2024
Held at DTC
8,079,907,270
04/20/2024
Float
5,176,257,801
12/31/2023
Par Value
0.0001
The silence seems usual from the other Chinese mergers I have seen. There is a different mindset there. They take a more long term view of things and are not concerned about doing things quickly. I own one Taiwanese merge that hasn't done anything for years. They file fins and that is it. Hope that is not the case here, but plan on being patient.
3 to 5 cents after a massive reverse split maybe. I think ~$0.0017 would be the peak with this share structure, even with perfect timing of news and no mention of a reverse when the PR comes out.
Would be nice, I find it strange that not a peep has been heard, usually these little ones can't wait to try and pump it up.
Then again it hasn't worked out too good with the previous mergers, so maybe they're just trying to finish everything up first,
to avoid problems.
Or
This is my favorite, is that they are so confident that they are worth a lot more than 0005, that they are just patiently putting it
all together. Not worried about premature pumping.
I'm estimating 3 to 5 cents by the end of the year, I can dream, no one can stop me. I'll likely be disappointed, but I'm used to it.
💰️***PLPL- Link to the trades:.....
***https://ih.advfn.com/stock-market/USOTC/demand-brands-pk-PLPL/trades
💰️***From Barchart.....
https://www.barchart.com/stocks/quotes/PLPL/overview
Looking forward to some more filings and how this plays out.
Great day and closed green
Are they waiting for name / ticker change before putting out a PR?
I mean the names, businesses and contacts are starting to look good. Just have to wait and see.
If Twitter is close to being correct I will need to start buying some 4's
Extremely well stated as always varok. I too suspect there's another run here into the .001 area, and I'm willing to wait. I THINK there's one. I don't know. If there isn't and this all falls apart, I can live with that too. You just can't ever get in over your head for the reasons you stated - the OTC is a very, very murky, dirty place, and yes, it makes sense that it would attract endless flippers for that reason, since they know the overwhelming majority of OTCs flop, particularly trips.
If you are in fact done for the day, have a great weekend buddy and yes, see you on the cyber floor Monday.
Morning. Yep, everyone has a different philosophy. However, many, and this is mostly to new arrivals to the penny arcade. The thinking that just because an issue is priced at .000+ it is an easy get rich scheme to instant wealth. You get outrageous predictions to pennies without the understanding how this works. I can assure that around 70% of traders in the penny arcade will lose and some will lose substantial amount of their monies.
They ignore the runs and continue to hold for higher highs only to be let down to a floundering issue that eventually drops only to never to return. In the penny arcade 98% of the issues eventually fail and have brought down most of the traders in losing their principle investment. This is an indisputable fact.
Now with that said most penny stock does get at least one run and quite a few get 2-3 runs, but they too eventually fail. The arcade is an arena that you must understand how it works and the prevailing roadblocks that impedes a successful journey even though the signs are evident but ignored.
Now, I'm going to say this, and I mean it. I mentioned above that most pennies will get their run, and this applies to PLPL. The reason I will lay out and I'm sure that it is very reasonable, and the achievement factor is solid.
Yes, they increased the share structure and I have stated my reason why at this moment in time you can put this to rest at least until the FINRA approval has been worked finalized. See, R/M is one area in the arcade where a trader can bank huge profit and PLPL is no exception.
PLPL will get it's run and much depends on the particulars that encompass the NEW share structure, but this will come to us during the post-FINRA name and symbol change, but right after the excitement wares down and we start getting the various SEC documents on preferred, warrants and such. For now, we are good, and all the elements of a nice run will come, and I can feel very confident going into the final FINRA account, we will move into .001. Reaching beyond this is unknown and you must watch the share structure and the official docs for the actual disbursement on the share structure. This can't be overlooked and must be watched.
Right now, is buying opportunity and then with Name change comes momentum, then trade out principle and profits comes full satisfaction all before we move into .001 that leaves potential remaining. It is at this time you should have removed the first 2 elements- Principle and Profit and if potential has warrant than leave some for this next phase.
Read the 3Ps of Investment Strategy
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=173426885
Buying opportunity .0004-.0008
See you all on the trading floor on Monday.
Have a good day.
varok
I agree - I just there weren't just so many assertions online, like "This will happen, then this will happen", and so forth. It's like trying to say you know exactly who will win the Stanley Cup right now. There's just no real way to know. It's better to just say "I think this will happen because..." and just be decent about it., whether you're a bull or bear We're just an in your face culture.
Sometimes you have to play things by ear. And just make decisions in the process. People really do not have to make decisions for others. Its for themselves.
Good post. Yesterday I admitted I was surprised when 3 bid appeared and said maybe 1/2 is in play. We don't know. As you say, it's ok to say that. Unless you're gambling way over your head, it's ok to hold too. I admit too, I don't always practice what I preach - I say sell half on a nice gain all the time - I don't always do it haha...it's ok I think if it's fun money. I guess everyone will have a different philosophy.
Oh please. No one gets a bruised ego if it goes up. Problem is that people get miffed when basic things are pointed out like the huge share structure increase. No one on message boards affects the outcome of stocks. UNLESS they're pumping it hard to sell.
Well, it is an interesting topic. Some people will say things here they wouldnt in real life. There is an internal social anxiety of admitting failure or wrong. It's okay to believe something and be completely wrong. Happens all the time. I thought this would on momentum move to .0007/8, but failed to believe this would get brought back a little due to the $55k debt that is being removed. Unfortunately, we do not have enough umph. Once that stops though, not a lot stopping us from moving up other than those taking profits at different levels.
The other side of the coin is, what happens if it went up to .0008-9 territory? Would we receive congratulations and comments like "OK, I was wrong, you guys were right, kudos?" I normally don't see that in here. Generally I see heads I win, tails you lose. It's kind of an attitude of 'I will boast and say I told you so if I'm right, and I'll run and hide with my tail between my legs if I'm wrong."
That's unfortunate, but that's kind of the attitude these days. There's no culpability or self-awareness. If I'm wrong, I want to admit I'm wrong - it doesn't make you a weakling at all.
Great accumulation at 4, 5, 6 area before going to 00 level
Makes sense. Your trade is your trade. Never a bad thing. I imagine a lot of those that dhow up help lenders or debts get settled. I'm fully aware that there is $55k left that is getting sold Q1. So, pretty easy tell we were going to have this drop unless enough volume could churn it out, people are taking nice positions due to it. Hopefully, something very meaningful comes from this merger as it's already a done deal.
When certain names show up, the PPS is going down. Got burned hard by them on guess what, another RM play. Nothing is ever guaranteed in these plays.
You have zero clue what could happen. They could have dropped news on Monday, and your flip would have been gone. You made an educated guess that most of us knew but realized it's not worth the capital gains. I've been in this too long to give a crap of a flip. I can wait for a meaningful move. Just tells me that you need outward gratification from others instead of just playing the trade quietly. Kind of sad.
SMH. If you'd listen you'd be in a much better position. Playing with house money. That's the only way to make it in the OTC. Especially when the group flipper poster showed up the other day.
Why do you need the affirmation? If you know what will happen, what is the point?
Restricted shares lulz.
I don't give two shits about saving anyone. I posted on Tuesday the play was to sell at .0006 and rebuy in lower with money you could afford to lose. And as it stands, I am correct. .0003 showed up on the bid yesterday. And will print today.
I agree, it's really sad. I think there are just a lot of people out there who are terrified of missing out so they need affirmation that they made the right decision. I continue to say that us apes are a very strange family.
alMouth bashing/talking about stock(s) so my question is do any here believe in OTC Saviors or just another agenda driven l____r running their mouths while spewing mo’ chit after ….exiting. Feel free to fill in the _____ w/ your choice of fitting thoughts.
That’s nothing . Heck I have 50 million shares.
What is $55k / .0001? That's 550,000,000. Lenders and debt can be dumped at 10% of daily volume. I'm just making an assumption, seeing its in the filing, that in Quarter 1, they plan to get rid of $55k. I have zero clue when they got out of this, but seeing this was at .0001, it could be close. Do the math.
You had 80 million dumped on Friday in one
fell swoop…. You had 90 million dumped on mon
40 million dumped on Wednesday… and today
you had 120 million dumped all at once…& then
you also have to deal with 50 to 75 THOUSAND
DOLLARS that has to be bought up at what
appears every level (.0005, .0006, etc)…. But go
ahead fight this huge monumental battle…. It
sure is a whole heck alot easier with other much
lower float plays….
Good luck to all
Dude. There is $55k of debt that has to be converted and sold off. It's in the filings and it clearly states it was happening Q1. Not rocket science. Read. Clearly, you dont.
People are grabbing 4s....who really knows what to expect here. I'm holding no matter what.
A/S increased +355%
O/S increased +406%
No dilution?
Wow....maybe 1/2 is in play? Geez...I'm surprised.
If you believe
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