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Looks like it was loaded on the chart with 3.1 Billion traded in 2 weeks. It hit .0006... So a little consolidation before its next leg up.
ZERO DEBT and 80% INSIDER CONTROLLED. Not much of a better set up for a Reverse Merger in the OTC.
So basically you can say anything you want correct? As long as it is not financial advice? Am I right? I guess that leads back to my prior question. Do you feel there is Stock Manipulation on the PLPL board?
Why can't one Flipping person in this room give me FINANCIAL ADVICE on PLPL? You all post here all day long, have opinions up you A hole, but yet when I ask for a little Financial Advice people go running to the outhouse.
I am seeking Financial Advice on PLPL, and you seem to be pretty outspoken. So how many shares do you own?
Do you recommend People Sell BOTTOM when management owns 80% of the control block and they have no Preferred Shares? Can you please give some advice to us.
WTF are you talking about bro? I am talking about PLPL. I asked your a Specific question. Do you think PLPL is being Manipulated? To further my question, if yes, then who is manipulating it?
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..
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.
Not what some of the insiders said. Wonder why I pulled all my GTC Sells.. ROFL..
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..
So SANJIAN CAPITAL is the translation. . This changes a lot of the facts to this merger, cause then San Global is not the English Translation, it is just a new fictitious name they made up. The holding company for the Merger is a "Capital Company"....
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. .
All the great ones start in trips. I am not to worried about some volume profile at .0005.. This is a Zero Debt merger!
Since the Preferred are canceled. It is becoming quite clear, that new management will not Dilute, will not Reverse Split, and there control block is owning 80% of the commons. Anything hitting the market now is debt buyers of old conversions like the ex CPA..
There is no Preferred Shares. They are being canceled as per merger agreement. Just common shares here.
It is debt free in trips. Essentially a unicorn. The entire transaction was done with in a quarterly report. No press release, no 8k. So I think the buyer is trying to keep this low profile till they are ready to release detail information. I am thinking this could be a nice size merger based on who they brought into the mix, including 2 merger specialists. BTW all Parties are Air Tight Silenced. No one is talking! Why so quiet??? hmmm
They brought in Jeslie Chui who closed a 900M dollar deal. I have posted the DD and his bio link (on X) So whoever this CEO is has something quite valuable and brought in high caliber Merger & Acquisitions specialists to facilitate the process.
Not sure why your comparing PLPL to Rennova health which is a Multiple Reverse Split offender. Just keeping it real. In fact no one knows enough on this board to talk anything negative on this merger. You would first need to absolutely figure out what is merging in first. In terms of the Share Structure new management owns 80% of the O/S.. Those shares are LOCKED UP.. The Float remains the same. The only thing which changes is old shareholders have a Merger.. And lets hope it is a nice one!
Who cares? I have started loading shares cheap since the Pureblood deal, why on earth would I care about the Bid or offer of any given minute? PLPL will take time. Nothing happens over night, and nor should it. Patience pays! It will get its run and people will take there money, and move on. Rinse, Wash, and Repeat..
NO DEBT HERE.. and these crook posters know it. No DILUTION HERE, and these crook posters know it.. ROFL.. New management owns 80% of the O/S and they know it!
You need to let go of the past on PLPL. We have a new Merger and Transfer of Control Name and Ticker change already being worked on by FINRA, as per filings. So if people want to bark about Tad, then go picket Infront of the dudes new house. Cause he has NOTHING to do w PLPL anymore. HE IS NO LONGER the CEO..
For the record..
PURE BLOOD
EV HOTEL
BYO PLANET
None of them had transfer of Control. None of them had Officer Changes.. This new Merger is complete, and new management has 80% control of the commons. As in the PERSONALLY OWN the COMMONS.. So a RS talk is moot, unless they want to RS themselves..
FINRA is processing a Ticker and Name change according to the last filings. I can assure you news is coming.
PCAOB was being completed for 2021 and 2022. It was pressed out October of 2022. PLPL fiscal year ends in June, so the new company can easily get the 2023 audit completed. I believe the new company will change the Fiscal year end w FINRA, along with the company name change. I know everyone is in a rush to get information, but were going to get updates for sure. FINRA had to approve this merger Afterall. Remember Byoplanet was not approved!
FINRA would not approve a Reverse Split.. That is part of the reason Rick bolted.. THANK U FINRA.. NO RS..
2 Billion in volume in 2 days so far. Looks like people are loading this to me. As always the insiders load to the gills before retail knows the exact details of the merger. I hope it is the same Billionaire that the prior poster suggest is taking over.
PLPL, why did they hire 2 Merger & Acquisition specialists? I have never seen 2 people used. Actually you normally just see the old Shell owner/CEO/Lawyer stay on and help. Why so many people working on this Merger? Must be larger then people think. Tad did say he would go out in in big bang. I guess this is what he meant.
Interesting Theory, usually the volume is the best indicator in situations where we are limited information. I am sure the new ownership will speak out in the near term. Kind of reminds me of how SPZI/JPEnergy started in Trips.. It had tremendous volume and just continued each day. Now this new company is registered in Taiwan to do Shipping Import/Export, and I can't wait to find out more details on that. Cause it could be Oil/Gas and the Margins add up quickly with Multi Million dollar orders.
The adjusted O/S is controlled by the new Management team. It is in the filings and it is roughly 80% of the O/S and it all restricted shares.
This is a good deal for current share holders cause new management now owns 80% of the O/S common shares based on the SS update on OTCM. Hard to comment further until will know what assets are actually merging in.
According the the latest filings Tad controls the Class A preferred which is just voting rights but could convert to shares if they dissolved that share class. That would equate to 60M shares.. (Series A Preferred Shares are convertible to six hundred shares of the Company’s common stock for each one share of preferred stock)
So hypothetically speaking a new company would just gain Voting rights and have no commons shares if the share structure stayed as it once was. They would have about 3B shares left in the AS for future financing or acquisitions.. Just not a viable option IMO. This is why the prior company's needed to a RS to even get a deal done.
This AS and OS adjustment we just seen on PLPL, tells me they are doing the opposite of a Reverse Split and now using the current share structure to complete the deal. It is the most logical theory out there based on the current data we have.
I think that Tad sold the company. The Float/OS was maxed to 9B area each. That give very little head room with AS since it is only 11B. So they would have had essentially 3B shares plus Preferred voting control to get a deal done. It does not seem plausible to me.. So my theory is the AS and OS were raised to accommodate a buyer. That buyer would now control and own 80% of the new OS. This new buyer probably wouldn't want to RS there 80% holding unless they felt the new merging company had enough value to support that.. So this deal avoids a RS.
So Tad receives cash for the shell in return for voting rights and the newly formed commons which is roughly 80% of the OS..
That is my running theory.. Would love to hear other thoughts.
Love your optimism. Hopefully the company will get Access to the OTCM and start the filing process. Has anyone else heard anything current with STHC?
A friend of mine with in the last 2 months chatted with someone affiliated with STHC/Southcorp on LinkedIn. I believe they are trying to figure out the best course of action. Such as SPAC or other vehicles to get funding. They also got their corporate registration current with the UK recently. They were behind and had to take some measures to bring that status up to date. So this is a very fluid situation still. Hope we hear something publicly even if it is a filing or tweet.
Right he acted as the RA when JP Energy Partners "was" Listed on the NYSE. Your right it is not the same company cause it looks like that merged out and went private. Meanwhile a John Parks "same name" is now CEO of a company merging into a shell which happens to be JP Energy Group.. Could possibly be a reorganization.. Too say WRONG PERSON/WRONG COMPANY is just LAZY RESEARCH.. It is not uncommon for Asian company's to use a US Citizen/ Representative to act as a surrogate CEO or Registered Agent.
Odd, cause this John Park as Registered Agent since 2019... He is listed as the CEO of JP Energy Group and also affiliated with JP Energy Partners according to this:
https://www.bizapedia.com/nj/jp-energy-partners-llc.html
What is the D.D. on this one? How large is this Merger? Trying to gather what the deal is. I see huge volume.. What is up here?
That is interesting. WIthout seeing the entire Level 2 a person with the abilities to buy can not purchase size. You would almost just have to set a limit order higher and take what you can get.. Like buy anything up to .01 and hope u can fill some decent size. No one will get rich by buying a 10k offer.