Plandai Biotechnology Inc (PLPL)

[marylandstockguy]

Haha....we all could have! Don't feel bad. I only have 6 mil shares - but my average is 6. I didn't sell because I didn't think it made sense. Plus, if we sold, it would have gone to doub 0s. It's Murphy's Law!

[bri123]

And I'm kicking myself for not selling at 6. Could have sold and re-bought at 3 maybe.

[marylandstockguy]

Interesting. Bids are in for 3s....gonna keep an eye on this now.

[marylandstockguy]

I'm just wondering where he's getting his information from?

[torontoasian]

Elvis747man has great DD on twitter

[bri123]

Dump-aroo. Geez.

[Iwasbornpoor]

Check your math again

[torontoasian]

San Global Dining LTD = Sanjian Capital Co., LTD.

Translated*

Wang Sungwei = Wang Songwei

https://t.me/otcPLPL Join Telegram for Source/DD

[Iwasbornpoor]

Oh no 88% the A.i computer says its a buy.

[all the way up green]

Barchart is showing PLPL at an 88% STRONG BUY.

[marylandstockguy]

I may be wrong too. :) There's a lot of hesitancy here - we can see it in the low trading volume the past few days. 3s aren't out of the realm of possibility. The uncertainty might cause some selling, but I also wonder if a lot of shareholders are afraid to sell and then have news hit. The transfer of control went through per the quarterly, which makes selling a dicey situation.

[boston127]

You may be right. What I posted

is from Schwab and is done by a program stored in a computer. I never did get filled on my 4s or 3s.

[marylandstockguy]

I'm not entirely sure that's the case? I'm just checking in now and see around 15 million shares were bought at 5? Seems like more of a tug of war to me. We shall see.

[boston127]

Momentum for PLPL is strongly bearish.

The 14-period Slow Stochastic Oscillator is falling, as investors sell shares and drive the price lower.
As of 05-29-2024.

[Iwasbornpoor]

Keep buying shares bulls

[bri123]

Lets get through these 5's (again) !

[Iwasbornpoor]

Are you sure?

[zombywolf]

I did see a translated Chinese news article about the restaurant/catering operation. They specifically put a number on revenue a couple years ago. That number was 250,000 yuan annual revenue, which converted to dollars is about $35 million. Could be more now.

[marylandstockguy]

I think it’s possible. I don’t want to be perceived as a pumper. I am finding nothing about this company on Google searches. The only thing we know for sure is that they are in fact headquartered in Taipei 101 and Yi-Kuan Lin is in fact the new CEO. When you even try to Google on those facts nothing comes up, nor on San Global Dining. How does Elvis know what he’s asserting? I don’t know. My original post has ifs prefacing it

[torontoasian]

It’s a bit hard to do due diligence when informations are so hard to find. Possibly a Taiwanese language barrier?

[marylandstockguy]

To your point I didn’t. It’s a claim made by that person on Twitter so we don’t know. Is it true?We’ll see, but the claim on One Taipei is interesting since they’re headquartered there.

$PLPL Lin Yikuan, CEO of $PLPL is
The founder of Sanheyuan, a Taiwanese cuisine catering company with dine in / carry out options with significant revenue 👀 ⤵️$PLPL closed a transfer of control to San Global Dining Ltd, a catering operation in Taiwan pic.twitter.com/dktjOJCfoX

— Elvis747man (@elvis747man) May 21, 2024

[Iwasbornpoor]

In the heart

[boston127]

Thanks. I personally like Taiwan and

Japanese companies, especially on the NAZ. I'm here, still trying to accumulate.

[pjcent]

Where did you find the balance sheet that reflects 60mil?

[Iwasbornpoor]

Possibility means likely not

[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$$$$$$$