Plandai Biotechnology Inc (PLPL)

[Aquahoya]

Agreed

[Due Diligence Virtuoso]

I read this super long article on Stock Manipulation. I was wonder if you felt there was stock manipulation on PLPL.. Crazy to think people would collaborate together to manipulate or control the narrative on the stock..

[Nighthawk_1]

This is why checking even past reports is so important while conducting DD. One never knows when those Restricted Shares will be dumped.

[Nighthawk_1]

Very true. So one must look at reporting to see dates of those receiving those restricted shares, count the time period to present, and the individual or group holding those shares meeting those requirements, can then dump those shares into the market exchange, typically paying a fee, and that is why restricted shares must be included in the Outstanding Share count for accounting purposes, which affects the company.

[NebraskaOTC]

AQUA.... Has your Jedi DD revealed any key celebrity endorsements for $PLPL? Depending on who you name THIS time, I may set up shop here for a while.

[phantom1]

The SEC regulations that govern the trading of restricted stock are outlined under SEC Rule 144, which describes the registration and public trading of restricted stock and the limits on holding periods and volume. 5 Conditions for Resale of Rule 144 Securities

Five conditions must be met for restricted, unregistered, and control securities to be sold or resold.1

The prescribed holding period must be met. For a public company, the holding period is six months, beginning on the date a holder purchased and paid for the securities. For a company that does not have to make filings with the SEC, the holding period is one year. The holding period requirements apply primarily to restricted securities, while the resale of control securities is subject to the other requirements under Rule 144.
There must be adequate current public information available to investors about a company, including historical financial statements, information about officers and directors, and a business description.
If a selling party is an affiliate of a company, he cannot resell more than 1% of the total outstanding shares during any three-month period. If a company's stock is listed on a stock exchange, only the greater of 1% of total outstanding shares, or the average of the previous four-week trading volume can be sold. For over-the-counter stocks, only the 1% rule applies.
All of the normal trading conditions that apply to any trade must be met. In particular, brokers cannot solicit buy orders, and they are not allowed to receive commissions in excess of their normal rates.
An affiliated seller must file a proposed sale notice if the sale value exceeds $50,000 during any three-month period, or if more than 5,000 shares are proposed for sale.

The holding period requirement under SEC Rule 144 depends on the type of issuer. Generally, the minimum holding period is one year. For reporting companies, the holding period can be as little as six months while for non-reporting companies, it can be up to two years.1

[Nighthawk_1]

Restricted shares can be unlocked at any time, typically if/when someone normally pays a fee to unlock them to sell. This is why they are counted in the Outstanding.

[Nighthawk_1]

And then you weigh those against whatever earnings or revenues they bring in, minus expenditures, of course.

[Nighthawk_1]

Any and all shares issued, Unrestricted, Restricted or sold by the company, must be accounted for and goes against the company.

[Jaxxm]

Well said

[tntgraham]

LOL, MoRE and MOre, Giddy up.

[Tomorrowneverknows]

45 billion to 1 RS will fix that issue lol

[NebraskaOTC]

Hey Nighthawk.... in case you haven't noticed, Aqua is an official... 100% "DD Jedi MASTER". He is also smarter than ANYONE in the pharma industry and he absolutely HATES anyone who tries to waste his time with facts or common sense. I love the guy. He is MY HERO. We are basically FAMily.

Aqua.... have you told them that Plandai has a hospital yet?

[zombywolf]

And of course, since the restricted have no effect on the current situation, the 8b shares are the ones in play when news hits. But that ruins your BS, doesn't it? And our sister company with the same 8b SS went well over a penny with lesser news that we are going to get. I see you left that out too. Do you actually know anything?

[zombywolf]

Why is that important to you as a non investor?

[tntgraham]

I feel better that Nighthawk_1 is here, Maybe he can tag team with Koolaid.
Keep us safe, LOL

[Nighthawk_1]

Oh, just so you know also, evidently the Market Cap went up a little since yesterday.

[Nighthawk_1]

GL!😅

[Nighthawk_1]

Notice that if you add the Restricted and Unrestricted shares TOGETHER, they add up to the total Outstanding shares.

[Nighthawk_1]

Here it is in a nutsell comining off otc:

PLPL SECURITY DETAILS
Share Structure
Market Cap Market Cap
20,200,065
04/22/2024
Authorized Shares
50,000,000,000
04/22/2024
Outstanding Shares
44,889,034,371
04/22/2024
Restricted
36,761,919,904
04/22/2024
Unrestricted
8,127,114,467
04/22/2024
Held at DTC
8,079,907,270
04/22/2024
Float
5,176,257,801
12/31/2023
Par Value
0.0001

[gail]

its following the same pattern that ……

….

it has done over the past 3 years. pop, settle and run.

lets see if it does that this time. huge bid looks interesting with very little on the ask.

[zombywolf]

Did you forget again to put in the 36 million shares that are restricted? I won't let you forget.

[bri123]

Need a PR to get it movin !

[Nighthawk_1]

Outstanding Shares
44,889,034,371

[gail]

look how many times this…..

…

has run over the past 3 years. you cant deny it. it popped, settled back, massive bid. thats why i hopped in. plain and simple.

[Nighthawk_1]

Those Bids are probably a safety net so this does not drop to .000001😁

[Nighthawk_1]

Very good point.😁

[gail]

ovver 500mil bid now!

[BigBadWolf]

Control of the trash for all to see...& since I

why would I start now

[jimtash]

Fun fact. When posts were made stating that selling at .0006, taking your profits and rebuying in lower with money you could afford to lose is the best strategy, who was dumb enough to ignore it?

[Due Diligence Virtuoso]

Where did u learn how to value companies? My bullshit meter just went off. Please explain this calculation. I am always up for a laugh.

[Aquahoya]

Cool story bro.

[BigBadWolf]

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 & or looking for cheaper entry. Feel free to fill in the _____ w/ your choice of fitting thoughts.

[Nighthawk_1]

Never said that...LOL...But, people need to know ALL the information anyone may have that can enlighten them.😁 As I say in my book, "One learns from two types of people, those who do right and those who do wrong. Those who make right decisions and those who make wrong decisions. But, one needs to have all the information that is available in order to make the right decisions for themselve."

[Aquahoya]

I didn't know people in this room were forcing others to put cash into this stock, are they?

[Nighthawk_1]

Just making it real. I have my ways, others have theirs. You want to buy, go ahead, but don't expect me or others to follow suit.😁

[Aquahoya]

So, I imagine you are the noble night on 1000s of other OTC stocks telling people the exact same narrative, correct? You work must be very difficult with the 1000s upon 1000s of posts you must accumulate daily to tell people about the prospective of buying any OTC stock, right?

I mean, we are in the OTC. Everything is a gamble. What are you even talking about? You just make things up like "Whose line is it anyway?"

[Nighthawk_1]

Take the Market Cap and divide by A/S, that gives you the value of the stock. Now, naturally, the stock is higher if going by O/S, but, one has to realize that more shares will be sold.

[Nighthawk_1]

I'm just putting things in perspective to those who are thinking of buying here. I'm sure that no one wants to be stuck holding the bag.😅

[Due Diligence Virtuoso]

Not what some of the insiders said. Wonder why I pulled all my GTC Sells.. ROFL..

[zombywolf]

Then why bring it up when you have no clue?

[Nighthawk_1]

Restricted shares last only as long as one wants it to last.😅

[Aquahoya]

Thank you for sharing. Makes it even more interesting why you are wasting your time telling us this. Play another of the 10,000 stocks out there.

[zombywolf]

Then you are an idiot. There is a difference between restricted and unrestricted shares. And you have zero clue how long the restriction lasts.

[Nighthawk_1]

Based on my calculations, PLPL not even worth .0001

[Due Diligence Virtuoso]

Rick backed out cause FINRA would not approve a Reverse Split.. Please note how this current merger was constructed using an O/S adjustment over a RS.. Works better for retail shareholders IMO.. I suppose depending on the size and plans of the merging company, they might need to take corporate actions at a later date. They might have an uplist plan in place for Nasdaq.. So we shall see..

[Nighthawk_1]

I have dealt with restricted shares before.

[Nighthawk_1]

Does not matter...LOL...Outstanding shares include both Unrestricted and Restricted. Restricted is included as they can be sold, if those holding restricted shares pay a fee to sell them.

[zombywolf]

How many are restricted?

[Nighthawk_1]

Outstanding Shares: 44,000,000,000