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What ? Can you please post a link where it shows this scam has very low SS?
0008 open Monday I guess
It looks that way. The mass damper design is pretty sweet in that building.
I’m guessing that San Global Dining’s headquarters would be in Taipei 101? No.7 Sec. 5 on Xinyi Road is a match to that building. If it is, it’s the world’s 11th tallest building, and the elevators that go 89 floors in 37 seconds are eerily reminiscent to the Twin Towers and One World Trade. I can’t confirm this is the case, and maybe it makes no difference, but it looks like the office space there wouldn’t be cheap…
https://en.m.wikipedia.org/wiki/Taipei_101
PLPL found its place on the brokers' liquidation list alongside other OTC stocks. Remember the four-page list of OTC stocks we had until September 30, 2021, to sell off?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=169238494
I'd like to add a small correction to your comment. The challenge with the OTC arises when it becomes too organized and too many individuals begin profiting excessively. This is why the SEC implemented Rule 15c2-11. The OTC started becoming a lucrative opportunity for small investors. For instance, buying a million shares of PLPL at $0.0005 and selling them at $0.006 results in a 1100% increase. I started trading in the OTC, and as long as money was being lost in these high-risk stocks, the SEC didn't intervene. However, the issue arose when individuals started making millions in the OTC faster than in other exchanges.
In a new report from Wintermute, the market maker and liquidity provider, said that its over-the-counter (OTC) volume was up 400% throughout the year as volumes moved off-exchanges.
Essentially, the OTC drew the SEC's attention. It's akin to a casino: if a particular table sees too many winners, does the casino allow it to continue unchanged?
There is a lot of speculation, most definitely. I just know from fellow traders it is an import / Export, with supposedly big deals.
Maybe. John Park has major issues with his previous businesses being sued for millions in non payments for debt. His newer deals are questionable, as he has zero background with deals he pumps. Caution flag up on that one.
Major deals, yes.
It's 7:00am Monday 4/15/24 in Taipei Taiwan now, pre market...
What was the story behind Spooz? Did they do an RM with an import/exporter?
And if you account for the difference in SS, this is at least a .005 plus stock. And they are not even current with their fins.
You show up to all the parties... what a phony
This is volume from those in the know. IMO. It’s too much for the few retail that may be watching it. This must be w substantial company. Further evidence is investing over $3 million in buying and cleaning up debt. How many other OTC shells had this much come in up front ? Only IGPK that I know of.
Hoping for a PR from the new guy this week.
Every 1 tick move those buyers make 12k ...big profit in short period! It works really well for them on Friday.
On Friday 3 blocks buyers buy 120 mil transactions .0003 and .0004 . What r they gonna do if this start tanking? They take risk way to run this! It works
Look at the volume, that’s crazy. I guess people are excited about a merger with san global dining in Taiwan.
Hard not to with over 1.5 bill in volume.
Everything about this looks good. Just would like to hear from the company.
Lots of eyes on PLPL! And they're all lookin to buy!
Aqua, feeling better now about this place? You seem to have been down the last 6 months or so. You know me, I always knew this day would come.
BLAH BLAH BLAH BLAH...ONE OF THE BIGGEST SCAMS OUT THERE
Then sorry I gave you a hard time. Right now, this stock is one of the best opps in the OTC. A lot of stocks that are now in doubles and pennies started out just like this one. Unlike SPZI, there is no John Park, unlike IGPK it is way under a penny and most of the old pumps like NHMD, BDPT, BEGI are dead in the water. This is a 10 bagger from here to .005, like the rest. If you dont need the money, by all means go, and Good Luck.
Beware there will be many bashers popping up after this new deal just ignore them . Im holding on to my 4.2 milly
Since you asked….
#1…. I hope all make a ton here…. I’m not a basher
#2 …. What I mean is …. There is likely at least a
couple dozen plays/reverse merger plays that have only a billion shares or less where you don’t have to worry about 80 million shares being dumped all at one time:…
don’t worry, I’m not a basher …. So …. I likely won’t post here much anymore….
Good luck to you
They can. Depends on terms.
Yah I did a quick google just now and it said sometimes they don’t vest for several years. Sounds like they can vary significantly
He’s probably buying in those stocks. Then once it runs either same account or another one and will be posting to hold, while they sell.
I'm aware of 6 and 12 month restrictions on shares. They can go longer as well. I would have to quickly Google and find out more as well.
I mean, if I wanted to go into OTC trades and scream scam in every single one, I'd be correct eventually, too. I'm not entirely sure what you gain from doing it? Does it make your ego feel better? Do you even trade in the OTC? If you do, you are part of the problem. And a worse culprit. Just a sad and lonely individual.
Explain "Garbage"? You dont appear to be very bright, but I cant wait to see your moronic response (I expect crickets) and definition here. I didnt see you listed in the fins just released, so you know nothing about what is going on. Please hurry and show all what an idiot response looks like when you know less than nothing.
Aqua - do we know how long the shares are restricted?
That would be an astonishing rise from the ashes if it somehow got to Nasdaq. I think you need an initial price of $4 to qualify right?
In support of your theory, in our best-case scenario- a year down the line this has run like a Spooz or one of the others ones mentioned. A year from now they do the RS and all of the authorized and restricted shares are RS’ed as well. Because you have such a large amount of OS currently, the market cap and minimum price requirements are met to reach NASDAQ qualifications a year from now. Maybe these guys ARE thinking a penny in a year is possible. Then maybe you have the option of a 1:500 split to reach 5 bucks, or you just work your way up the boards and try to get to OTCQB. If things are moving you have options.
I’m thinking that the reason they have so many restricted shares is they know that, eventually, this will do at least a 1:100 split to move up the boards. If that happens these board members would still have like 350 mil shares between them.
All of this makes me cautiously optimistic. I tell ya what though a lot more optimistic than after EV Hotel, Puriblood, etc. To answer that other poster’s question, I think this was why people were buying. Sudden optimism after what looked like a ticker that might never succeed after 3 whiffs.
Still hoping and dreaming on this scam are ya. You were warned many moons ago.
Pathetic
I'm not sure you doing anything but say the same stuff on most every ticker. Why are you even here? Why are you even trading in the OTC? If you don't understand the purpose of the OTC by now and the risks, than that says everything.
Master otc holding this scam tells me everything in need to know
Wow a bit bitter you are. Try to get into them early lol Enjoy your Sunday, buddy. I just got my new wakeboard for the jetski omg this thing is wicked !! Happy Sunday
PLPL has been groomed for an uplist to NASDAQ for the entire search for a merger. It’s why I’ve been actively accumulating. Any company coming in and investing over $3 million is not planning on sticking around in the OTC muck. It’s akin to IGPK in my view. Probably a RS to clean up the structure before uplisting. Likely a year or so down the road.
And don't forget Caren Currier running everything in the beginning. She is one of the top merger experts in the OTC. She would not be here if the new company wasn't legit. Take a look at ILUS at what she did there.
We don't know a ton yet about the new company. What we see with the info so far is that it is a functioning business. That moves it to the head of the OTC class. They had enough cash to buy out Tad's 100,000 preferreds plus about $3.6 million for the commons. That is a pretty good down payment. And there is the note here about registering as an import/export operation. There seems to be something bid coming and if you are smart you will get ahead of that.
We need volume from the opening bell.
Dude. The OTC was always high risk love affairs. What are you talking about. Almost like this is your first time.
Debt were on the books. They got rid of all the debt thus the added shares. This is debt free other than 55k. We also have zero clue how large the company is. It's written on its background it's import / export like what others have been saying like SPZI. The increased shares are for control purposes especially with many players. All of which are restricted for a long time.
And this is what I’m talking about… see Fridays
chart on ihub… see at 1230…. Things were great
newbies buying because the person they follow,
with a gazillion followers, says buy PLPL… they
buy at 5 or 6… all is great…. Then WHAM… 80
MILLION gets dumped…. Down to .0004….THIS
is what will CONTINUE to happen with PLPL
I’m not the basher here…. I’m the realist….
I’m as guilty as anyone with regards to pumping a
stock I like…. But pumping GARBAGE… when u
have tons of followers who WILL listen & you
know what will happen…. doesn’t sit well with me
Good luck to all
PS: & this is what will HURT the otc in the long run
I’m not going that far…. I don’t doubt that a
Taiwan catering company wants to r/m into plpl
but why are people buying…
44 b outstanding
a Catering company?!
4 billion unrestricted issued the last 3 yrs….
Someone please explain… maybe it’s me & I
don’t get it…. I just see alot better options in the
OTC
Good luck to all
Unrestricted OS 8,127,114,467 04/13/2024
https://www.otcmarkets.com/stock/PLPL/security
I can remember when 10 billion was good!! It seems as if crypto has eaten our lunch!!
Trans Global Group was my counter to this argument of AS. They have 100 billion with way fewer restricted shares than here but were as high as .006 last year I think. Now they’re delinquent with reporting and are CE. Still could be a good buy if they get pink current again but it usually happens in the blink of an eye and the MMs get the jump on everyone…
Point remains - share structure doesn’t always mean everything and like you said this has nearly 37 bil restricted! That’s an amazing number. Main management has like 32.4 bil. I wonder who has the rest?
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