PLYN

Palayan Resources Inc

USOTC

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PLYN

Palayan Resources Inc

USOTC

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i_like_bb_stock PremiumMember

07/06/23 10:33 AM

Post #1,479

Re: #1,478: @skyrocketinsight - Congratulations this is now on the expert market.

Can come back with a couple of filings

skyrocketinsight PremiumMember

07/06/23 10:26 AM

Post #1,478

Re: #1,476: @i_like_bb_stock - yes agreed 10% of where it was in

Congratulations this is now on the expert market.

Scam

Serenity

04/12/23 10:51 PM

Post #1,477

Re: #1,475: @Wrinkles - $PLYN - .0239, I have some also BB,

Still playing with pennies I see. ;)

i_like_bb_stock PremiumMember

02/01/23 2:45 PM

Post #1,476

Re: #1,475: @Wrinkles - $PLYN - .0239, I have some also BB,

yes agreed 10% of where it was in 2021 sec reporting isnt cheap

Wrinkles

02/01/23 1:06 PM

Post #1,475

Re: #1,474: @i_like_bb_stock - building a position down here a shell 800K

$PLYN - .0239, I have some also BB, think it could be big reward for those of us that are patient as you say....time will tell.... small SS.....

i_like_bb_stock PremiumMember

02/01/23 12:47 PM

Post #1,474

building a position down here a shell 800K mkt cap, sec current, sec filings worth a lot more than most shells , quite a bargain for those with patience https://www.otcmarkets.com/stock/PLYN/security

Larkwad

01/17/23 9:45 AM

Post #1,473

What is the best exchange for trading this stock?

FollowMyNIL Free

09/07/22 3:25 PM

Post #1,472

Re: #892: @FollowMyNIL - I’m not even involved with PLYN man.. but

$PLYN I still agree with this statement. Friends with money get ready for round 2.

CashCowMoo Free

08/25/22 10:28 AM

Post #1,471

6 month chart is terrible. This thing is on its way to .01 if nothing changes

price_and_volume PremiumMember

07/25/22 3:47 PM

Post #1,470

Single buyer today?...

Or maybe 2?

Tiger Money PremiumMember

06/03/22 9:37 AM

Post #1,469

Someone is bailing

TrendTrade2016 PremiumMember

05/16/22 11:52 AM

Post #1,468

fake merger was the plan of attack!!!

nickjackson600 Free

05/16/22 11:51 AM

Post #1,467

Thanks Hokie for pumping and dumping this

stocks018

05/12/22 6:56 PM

Post #1,466

Re: #1,465: @Louinjaxxx - Why is this still trading so high?

You'll have to do DD on it to know the answer.

Louinjaxxx PremiumMember

05/12/22 12:57 PM

Post #1,465

Re: #1,464: @stocks018 - in second Qtr. any day now we

Why is this still trading so high?

stocks018

05/10/22 9:53 PM

Post #1,464

Re: #1,463: @Tiger Money - Looks like someone got a margin call this morning…,

in second Qtr. any day now we may hear of the pending merger.

Tiger Money PremiumMember

05/06/22 9:55 AM

Post #1,463

Looks like someone got a margin call this morning…,

stocks018

05/03/22 3:27 AM

Post #1,462

Re: #1,461: @60ftcat - $2.9M market cap. only 29million shares in the

looks forward to 10-Q this month...

60ftcat

04/28/22 9:57 AM

Post #1,461

$2.9M market cap. only 29million shares in the float. nice!

Tiger Money PremiumMember

04/21/22 10:27 AM

Post #1,460

Re: #1,459: @60ftcat - $15-25M investment into company with current market cap

Nice write up! A lot of $ to be made here…

60ftcat

04/19/22 12:42 PM

Post #1,459

$15-25M investment into company with current market cap of $3.1M is a no-brainer buy in my book, and also a vote of confidence that this is a legitimate opportunity here.

People involved with SBDG have access to $300MM line of credit… big guns.

i believe this is a rare opportunity in OTC to get into legitimate company in hot fintech sector at ground floor price levels.

nickjackson600 Free

04/14/22 10:37 PM

Post #1,458

Another Drew Steegman Pump and Dump?

Tha Part Time Er Free

04/14/22 7:23 AM

Post #1,457

Re: #1,456: @MBADude - Thank you. I checked out after the first

https://finance.yahoo.com/news/palayan-resources-otc-plyn-updates-161900384.html

MBADude

04/13/22 8:35 PM

Post #1,456

Re: #1,455: @price_and_volume - Lol, "is completing..." not HAS completed.

Thank you. I checked out after the first few paragraphs lol.

Raising $15 to $25M capital for preferred shares. I guess the owners of the company will get those shares. Not tracking with the $80M anticipated value though. Perhaps that needs to be subtracted to calculate price per share. Not entirely sure.

price_and_volume PremiumMember

04/13/22 8:16 PM

Post #1,455

Re: #1,453: @MBADude - A little pumpy at this point after 4

Lol, "is completing..." not HAS completed.

What's the point of the PR? There IS a point of course.

Also "Palayan is expecting to close this transaction in the second quarter of 2022, subject to a capital raise of $15 to $25 million..."

GLTA

Tiger Money PremiumMember

04/13/22 4:18 PM

Post #1,454

Re: #1,453: @MBADude - A little pumpy at this point after 4

Agreed but progress has been made and the market cap is now a measly $2.5 million. That is it!

MBADude

04/13/22 3:54 PM

Post #1,453

Re: #1,452: @Tiger Money - Very nice

A little pumpy at this point after 4 months of “DD”.

Tiger Money PremiumMember

04/13/22 2:32 PM

Post #1,452

Re: #1,451: @TKgreen - PR UPDATE: https://www.otcmarkets.com/otcapi/company/dns/news/document/58491/con

Very nice

TKgreen

04/13/22 10:21 AM

Post #1,451

PR UPDATE: https://www.otcmarkets.com/otcapi/company/dns/news/document/58491/content

TrendTrade2016 PremiumMember

04/08/22 10:21 AM

Post #1,450

fake acquisitions every where

MBADude

04/08/22 12:01 AM

Post #1,449

Digital Payment Remittance and PLYN

We are deep in due diligence on a FinTech acquisition for our publicly traded holding company, Palayan Resources (Stock Symbol: PLYN). The target is an operating entity in the global digital payment remittance sector, a marketplace that Business Insider sees at $774 Billion in 2022, increasing to over $810 Billion in 2023.

Small Business Development Group, Inc. (Stock Symbol: SBDG) is advising and managing the due diligence process.

C2C Private Investment Company

https://www.sbdgstock.com/post/digital-payment-remittance-and-plyn

MBADude

04/07/22 12:12 PM

Post #1,448

Re: #1,447: @60ftcat - i know. lots of 5 star reviews recently.

It’s been 2 months since the last update! I wish they’d tweet an estimated timeframe or something. I know this will 5X to 10X easy with news but sometimes the silence is hard lol.

60ftcat

04/07/22 10:26 AM

Post #1,447

Re: #1,446: @MBADude - Cat try this for fun: Google iPay remit

i know. lots of 5 star reviews recently. they are pretty active. PLYN is b...s deep in the due diligence process right now. Im waiting for the update soon just like many others here. Current market cap is only $4.1M. Conservative merging company valuation is more than 10x current market cap. easily.
This is no-brainer.

MBADude

04/06/22 10:18 PM

Post #1,446

Re: #1,445: @60ftcat - agreed. just waiting for merger / due diligence

Cat try this for fun: Google iPay remit Australia and read the reviews. They seem to be doing well.

The press release had wording so similar to this company’s website. If it’s them and the merger gets announced this month we’re off to the races!

Thanks for responding. Sometimes it feels like the majority of people have sold and moved on. Still hanging in here with hope..

60ftcat

04/06/22 4:13 PM

Post #1,445

Re: #1,444: @MBADude - Thanks cat! It’s found a base around 10

agreed. just waiting for merger / due diligence progress update.

MBADude

04/04/22 1:33 PM

Post #1,444

Re: #1,443: @60ftcat - we have to be close to the update.

Thanks cat! It’s found a base around 10 cents. With only 37 million shares outstanding and the possibility of a FinTech merger Im liking the odds here. They are overdue for an update and sure hope it’s good news!

60ftcat

04/04/22 12:57 PM

Post #1,443

Re: #1,442: @MBADude - It’s been close to 4 months since this

we have to be close to the update. current <$4M PLYN market cap is 10-20x lower than the merging company value which represents great investment opportunity here. IMHO.

MBADude

04/03/22 9:08 PM

Post #1,442

It’s been close to 4 months since this event mentioned in the February Form 10 filing. If the deal does go through the share price math shows anticipated $80M value divided by 37 million shares outstanding = $2.16. Waiting for news from the company to make this board buzz again lol.

“Using this new strategy, on December 9, 2021 we executed a Memorandum of Understanding (the “MOU”) with a Singapore based holding company whose subsidiaries are engaged principally in foreign exchange remittance services. Under the MOU, our Company desires to acquire 100% of the Singapore based company for a purchase price of $80,000,000, consisting of common and preferred stock totaling $70,000,000 and subordinated debt of $10,000,000. The proposed acquisition is subject to due diligence customary to transactions of this type. There can be no assurance that a definitive agreement between the parties to the transaction can be reached.

MBADude

04/02/22 12:13 AM

Post #1,441

Added a bunch today. Here’s why: a contrarian view that’s helped me. This stock has gotten beat up in the absence of news since mid February when the SEC Form 10 was filed. Went back to read it and also found this online from the first PR. They put out another statement at the end of February stating “deep in due diligence”. Liking the odds of an easy 2X to 5X at least from this level. Let’s see what happens and as always only invest what you can afford to lose when it comes to speculative investments.

Curious what other shareholders are thinking of this stock’s prospects. It’s been a while OG’s.

https://www.c2cpic.com/post/palayan-resources-inc-stock-symbol-plyn-updates-on-fintech-merger

Lady Lake, FL, Jan. 13, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Palayan Resources, Inc. (the “Company”) (OTCMarkets: PLYN), a publicly traded company, announced today the Company is moving forward with our Due Diligence on the Fin-Tech merger. The preliminary valuation of the transaction is $80 million USD. The Fin-Tech operations will become subsidiaries of PLYN and file consolidated financial statements.

The transaction is subject to customary due diligence and the audit of the Fin-Tech company.

As part of the transaction PLYN/Fin-Tech will seek financing to expand operations in the primary business sector Multi-Corridor Multilateral Remittance (Hub), Multi-Currency Digital Remittance Solutions, Blockchain Remittance Solutions and Remittance as a Service for institutions. The Fin-Tech company has country-centric network partners in 62 countries.
The Fin-Tech company has a simple, fast and secure way of transferring funds globally. They offer lowest transfer fee and competitive exchange rate without any hidden costs. They have collecting agents at convenient locations and for the disbursement, they have a large number of world-wide network partners for "just-in-time" delivery.

The target company has been in business for 10 years and has developed a robust and scalable global infrastructure network as the underpinning for growth.

MBADude

04/01/22 2:28 PM

Post #1,440

Wake up PLYN lol.

60ftcat

03/31/22 10:21 AM

Post #1,439

Every day we are getting closer to the news. In the meantime Market Makers love to run stops.

60ftcat

03/21/22 4:23 PM

Post #1,438

it takes time to get all ducks in a row. i'll be waiting picking up cheapies in the meantime...

60ftcat

03/21/22 1:29 PM

Post #1,437

Re: #1,436: @Tiger Money - I hear ya but when it hits it

they are moving forward with the merger. updates should be coming.
they are not pumping and they are definitely not scammers.
load up the cheapies.

Tiger Money PremiumMember

03/21/22 11:54 AM

Post #1,436

Re: #1,435: @MBADude - Won’t call it a farce but they did

I hear ya but when it hits it will hit hard towards a buck

MBADude

03/21/22 10:39 AM

Post #1,435

Re: #1,434: @Suvorov - PLYN is a farce.

Won’t call it a farce but they did have a couple of failed mergers in the past. hoping third time’s the charm but the lack of communication from SBDG or whatever the advisory company is worrying. And the share price has trimmed from highs.

Suvorov

03/21/22 10:27 AM

Post #1,434

PLYN is a farce.

Get out while you can.

IMO

60ftcat

03/19/22 4:20 PM

Post #1,433

Re: #1,432: @MBADude - The lack of news is my guess. They’ve

this will spike out of nowhere on due diligence completion news LOL

MBADude

03/18/22 3:06 PM

Post #1,432

Re: #1,431: @OGINVU - usually stronger....think somebody needed some cash or did

The lack of news is my guess. They’ve dragged this for 3 months now. OTC traders have the attention span of a few days lol.

OGINVU

03/18/22 1:53 PM

Post #1,431

Re: #1,430: @MBADude - lol the lack of posts and the lack

usually stronger....think somebody needed some cash or did I miss something n in twitterland?...

MBADude

03/18/22 1:46 PM

Post #1,430

Re: #1,429: @OGINVU - saw that...just gonna sit over here in the

lol the lack of posts and the lack of news are both crazy here. At least I wasn’t talking to myself!

Older

Palayan Resources Inc (PLYN)

Followers	39	Posters	118
Posts (Today)	0	Posts (Total)	1479
Created	06/01/20	Type	Free
Moderators

FINTECH COMPANY ACQUISITION NEWS
RELEASED ON 12/15/2021:
https://www.otcmarkets.com/stock/PLYN/news

"... FinTech company in the money transfer industry, which has asked not to be identified as yet, is in the global marketplace."

https://www.otcmarkets.com/stock/PLYN/news/story?e&id=2081888
https://www.otcmarkets.com/stock/PLYN/news/story?e&id=2087189

“This is a FinTech Company that has developed a robust platform for digital payment, fintech and private lending solutions including blockchain technology. Their market opportunity globally is excellent,” Mr. Jenkins stated.
“The company with which Palayan has signed the MOU is projected to achieve more than U.S. $1 billion in transaction volume by 2023. The company has established an extensive, worldwide network of partners and has an experienced management team in place to create value for shareholders,” said James E. Jenkins, PLYN’s CEO.

“The target acquisition company for PLYN is a FinTech company based in Singapore, brought to our attention by SBDG’s Southeast Asia office in Kuala Lumpur, Malaysia. After months of meetings including all parties, we are confident that this is a great transaction for all involved stakeholders,” said Brian Jue, SBDG’s Chief Operating Officer and a Board member.

"Small Business Development Group, Inc. (Stock Symbol: SBDG) has the knowledge and resources in place to assist both PLYN and its FinTech acquisition.
This assistance includes: the operation of a compliant publicly traded company, resources and connections to sources of investment capital, and access to additional acquisitions utilizing our in-house M&A Advisory firm, Stony Hill Advisors. Props to the SBDG team in Malaysia for sourcing the target acquisition, and to Roy Y. Salisbury for architecting a win-win transaction," said Brian Jue, SBDG’s Chief Operating Officer and a Board member.

From SBGD shareholder letter: "The Company will rely on Preferred shares to acquire companies and raise working capital, always looking to insulate the common shareholders from unfair dilution."
https://www.otcmarkets.com/stock/SBDG/news/Small-Business-Development-Group-OTC-SBDG-Shareholder-Letter-From-the-CEO?id=337488