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Well, why should they? 'Accumulation' of 200k shares? By insider? Bloody stupid they would be if they have such options only by 160 millions shares outstanding. I believe many sell and some buy at this level. I am always astonished after 20 years of pennystock speculation, that still some people really believe that insider buy low just some 100k shares. Reality looks different (after I have also been talking with many pennystock CEOs in the past:) This argument exists by pennystock gambler only to keep interest in the stock and to make seller come back. Fact is: PLPL management can receive options for .05 even at a market price .10, because they just argue that they support the company and so they have the right to receive share options for a lower price. So, also this makes clear that there is no need for them to 'accumulate' at current low price level.
However, we do not know where the bottom is. Just the fact, that we are at years end might help: Pennystocks with bad progress always have a little bottom at the 31st of December and might increase again in January. But such little rebounds do not promise anything - often the stocks goes even lower in february/march.
I would also buy at .01, but not now. Much too risky. If the stocks forms a new bottom at .07, this would be a signal. But we are getting fare away from .07
Big volume, big drop. Faster than I predicted. Years end tax los selling? No, not at all only in my opinion confidence is gone - and very reasonable. At this low level onbe could also keep shares if confidence would still exist........ but CEO Duffield is not reliable anymore! But, as always, penny trickster do not care, he has filled his pockets already, no doubt.
Motivating slogans - words come easy! I would like to know why Plandai does neither have a working phone number, a proper bureau adress, no IR reactions, no proper financial reports etc.etc. I could repeat a lot of questions they do never answer. Howeer, 2015 is the year'...this we have heard in 2014...now we hear '2016 is the years'....this goes like that since 2011. Can't listen to it anymore. But maybe some other do - doesn't looke like that today - and I get my little rebound for a fair good bye.
However, if they go on like this until May 2016 - the stock will be down at .04/ 0.03.................maybe a reason to buy to get out again at 0.05 LOL Guess this will happen.
PS. Great: they already have to restore the factory....although they did not produce much in 2015. My company has been producing for 38 years until I have had the time to restore it LOL
Even this story has no blood anymore and seems to die midterm, I wish all shareholder good luck for 2016 and I hope that all will get out one day with reduced loses. As I said several times: All pennystocks show the same chart: A big all-time-hype and after many months a recent surge before the pennystock dies. I did not expect that Plandai does not deliver reports anymore so soon, so I am not sure anymore if we will get a small last hype again. But for me this last hype will be the end of my involvement in PLPL ....I hope I do not miss it.
again, all the best for you all !
Helix will be the next pump of this dead shell. No products but we will receive tons of empty promises soon in 2016. Just wait till beginning of 2016 and a stock promoter will pump this garbage up, some nobodies will buy and I will sell all my Helix gargabe to them m. Big lose for me, but better I find some other dummies to take over this toilet paper holding of mine.
Notice the "Selling General and Administrative" - terrible!
Income Statement
View: Annual Data | Quarterly Data
All numbers in thousands
Period Ending
Mar 31, Dec 31, Sep 30, Jun 30,
2015 2014 2014 2014
Total Revenue (89) 127 26 15
Cost of Revenue 176 247 160 207
Gross Profit (266) (120) (134) (192)
Operating Expenses
Research Development - - - (83)
Selling General and Administrative
5,662 755 1,294 3,163
Non Recurring - - - -
Others 47 46 46 46
Total Operating Expenses - - - -
Operating Income or Loss (5,975)[color=red][/color] (922) (1,474) (3,318)
Income from Continuing Operations
Total Other Income/Expenses Net (4) (200) 981 (4,973)
Earnings Before Interest And Taxes (5,978) (1,121) (493) (8,291)
Interest Expense 302 133 118 147
Income Before Tax (6,280) (1,254) (611) (8,437)
Income Tax Expense - - - -
Minority Interest 121 99 (27) 44
Net Income From Continuing Ops (6,159) (1,155) (638) (8,393)
Non-recurring Events
Discontinued Operations - - - -
Extraordinary Items - - - -
Effect Of Accounting Changes - - - -
Other Items - - - -
Net Income (6,159) (1,155) (638) (8,393)
Preferred Stock And Other Adjustments - - - -
Net Income Applicable To Common Shares (6,159) (1,155) (638) (8,393)
amazing how the price is hkeeping this level by taking into account that we will not receive anything anymore this year and will even have to face a pink sheet listing and, not to forget, have had negative revenues this year. Obvioulsy the existence of a real tea farm keeps PLPL alive as other pennystock even do not show facilities. But it makes me wonder also, that we do not receive any photos anymore, as well as there is neither a phone number existing nor does Plandai reply to any mail of EVEN serious shareholder with big holdings !!!
So I still believe this is a scam or is is going to develop into this direction.
Freinds...so what? To short this stock at this low level does not make much money - and to keep this stock at this level, while pink is in sight, does not many any money Even holding my free shares is stupid, to be honst. I should sell, take those $12k and have a great christmas. But I am as stupid as all here are
my optimism is reduced to the reasonable hope, that some dump players get it by a spectacular news: Most OTC stocks have a 2nd chance for a hype - which usullay is much lower than the first one (here $3.00). So my hope is .50 and I get out with $100k. This is already an enormous (and I believe still stupid) optimism, right?
Usually I do not react to such nonsense...but you seem to be blind for fundamentals and just watch daily up and downs. I am in Plandai since 2011/2012 and might have the permission to state that I know this story - and this story did progress into the mud by a lousy management. If you call this progress "10 bags", I am sorry for you lack of reality.
Terrible "Income Statement" by Plandai, publish at the 8th of December - but the shareprice goes up LOL
This income statement shows the worst: Minus revenues and highest expenses ever - guess management are filling their pockets heavily by past loans. PLPL is a scam - no doubt anymore. I am wondering ewhy they did this statement. Maybe they calculate like all speculator: Buy on bad news! A very dangerous strategy in case of such a lousy pennystock without any tiny income since it has been formered years ago.
Uninteresting volumes, so movement has no value as it is based on nothing! If there would be something really cooking, volume would be much higher as big player would trey to get in low. But there is NOTHING going on at Plandai. I doubt we will hear anything in 2015. This year is a big ZERO for all shareholder of Plandai. And I doubt it will get better within the first three months in 2016. And if Plandai does not deliver correction of all reports soon, pink sheet listing will be the next. And, honstely said, without an pathos, I believe - without any doubt - PLPL will go pink !
if plandai does not deliver a correction of all those false reports of the former 18 months, the compnay will even not be able to annouce revenues as SEC would not allow this without a 100% correction of all those reports. Ergo: ....reputation goes even lower.
Correction - Press releases: I have to be fair to correct myself: The press releases are available again at the webiste of PLPL.
Well, with regards to thousands of pennystock scams, sensitivity is not questionable, especially as Plandai does not behave well in all other points of critis: no phone number of company available, no IR existing, no letter of confidence by the CEO, no replies to inquiries, false financial reports since last year, delay of latest financial report, pink listing in sight, no revenues even after years, endless promises without result, strange partners which are nearly unknown (especially as Phytofare shall be such an outstanding product - no doubt anymore this is just big-word-propaganda by PLPL), etc.
My recommendation to newbies: Do not touch this stock in such a questionable situation this company is. I still worry this is a scam.
PLPL = SCAM - clear for me now!
Press releases not longer availbale at www. plandaibiotechnology.com
it shows: "This API is no longer available."
VERY BAD SIGN !!!!! No financial reports any longer, old reports wrong, pink listing in sight, no revenues, no ress release availbale anymore - even not old ones, IR is dead, phone number is dead,......what ese is needed to get that Planbdai s scam and dead !?!
Tax loss selling starts - below .06 with incre3asing volume.
Green, this story is just another garbage! I am a sharheolder as well and lost $37.000 after this years of garbage ! Just pennies left after all. I do not see ANYTHING which pleases me here after shareholder have been screvved endless. Guess with this low OS they have tons of changes to dilute up to 20.000.000 and even higher. You do not honestly believe this will ever become a 10 penny stock ! LOL
It will take years and meanwhile dilution will grow up to 200 million shares again. A nice video and a beautiful website is calculation to get people to buy this bs
There is absolutely nothing to win here. Nothing at all.
agree. .05 could be the years end price. And it January some buyers iwll come back it will lever the price back to .07/.08, waiting for the financial reports. But they will have to wait for several more motnhs until PLPL will deliver anything. In the meantime they will deliver more news to keep the price above .01, but I doubt this new will have much substance. So I do not see anything happen in 2016 as I do not believe in significant revenues anyway. And those revenues will just correspondent with the marketcap of $ 7 million. So, nothing spectacular will happen. Just hope they will survive and not end to fast as 99% of all pennies end.
By the way, a samll number of bad days by bad weather....and revenues by tea extracts will be illusion as well. An option most people do not take into account. Together with the problemtic abilities of this management, this story is enormously risky. The chance are lower than the risks meanwhile.
'Funny' drop - as like people did not exspect already that PLPL will not deliver a financial report. Again my qeustion: Does anybody know how long PLPL can go on like this until going pink sheet listing?
PLPL is, of course, a real company as the US allows such pennystocks and such directors to squezze out peoples wallets.
We are just to stupid and thus we stand at the wrong side !
Pink Sheet status - does anybody know when PLPL will be out of OTC BB? Can't take long anymore with regards to the job to re-file 1.5 years of "false" financial reports. By the way, I would not believe that Duffield didn't know that .... he has to read a reports and must have seen that they are wrong. If he didn't....that he should go back to busienss school again before leading a compnay....even if it is still nothing. But who know what is going on in the bureaus and "bathrooms" of manager of pennystocks ... they always have to wash something, thats why they are so risky
I doubt this. Will go back to .07. some short seller will trya again to make some coins. Such one-day-rebounds can be seen often at pennystock which are in the mud.
Rebound price in this case do not keep longer than just 1-3 days and than the drop game starts again.
UPS... short seller are in trouble today. But obviously they did short before much less than we have been told here at this board!!! Otherwise the daily volume would be much higher . So, as I said, all lies nobody is really shorting this stock as a volume as 120k is nothing!
Sure he does....at the www you receive a lot of fanaties which are not true Nobody is going to tell you the truth, not only directors of pennystocks
Who cares ...and who believes anything here? the biggest fraud was Herzog and he is still not in jail. What a laughable legal system.
I did a lot of things wrong in my life....but the worst: I should have bought a shell for 150k and should have formed a pennystock in the States! I would be much richer today even my company would not exist anymore since years LOL
Right, there are many unpleasant facts, but there also are some positive things. I intent to doubt that Plandai will not make any revenues. As there are partners which are existing obvioulsy and deal with Plandai, I also intent ot doubt that Plandai here and there release new partners just to get the price higher. PlPL management knows that this does not work anymore - so why should they release anything if the company shall be dead? Would not make any sense. Based on this I still can not state that there is 'nothing positive for shareholder'. We are not there yet!!!! Even a lot of unpleasant facts, true!
btw, 95% of pennystockshave sketchy IR companies - so this information is as old as a 100 year old oak. The same about some other things. Missing phone number is strnage, but I assume there is a reason , for examply they did miss to publish a new one. Otherwise....why still running the company but without a phone?
Not good but not really the real problem...........
NEWS: Plandai Biotechnology, Inc. Announces Distribution Agreement With Bal Pharma Ltd Covering India
LONDON, UNITED KINGDOM--(Marketwired - Oct 27, 2015) - Plandaí Biotechnology, Inc. ("Plandaí" or "the Company") (OTCQB: PLPL), producer of the highly bioavailable Phytofare®, today announced that it has executed an Exclusive Distribution Agreement with Bal Pharma Ltd., an India-based manufacturer and exporter of pharmaceutical finished formulation/bulk drugs and distributor of nutraceuticals ingredients (www.balpharma.com). Under the terms of the agreement, Bal Pharma will use the Company's Phytofare® in their finished formulation products while also distributing Phytofare® as an active ingredient throughout India. The two-year renewable agreement gives Bal Pharma exclusivity for their territory and fixed pricing based on volume in exchange for defined annual off take.
Callum Cottrell-Duffield, Vice President of Sales for Plandaí, commented, "Bal Pharma is one of the leading pharmaceutical companies operating in both the Indian and International market and we're excited to partner with them to bring Phytofare® to the region. With their proven track record as the manufacturer, exporter and distributor of pharmaceutical finished formulation/bulk drugs, Bal Pharma should quickly be able to generate substantial market penetration for Plandaí. Our agreement with such a highly-regarded Indian company further validates the fifteen years of research that has gone into bringing Phytofare® to market and the solid science behind our phyto-available products."
Shailesh D. Siroya, Managing Director of Bal Pharma, added, "Phytofare®, with its proven increased bioavailability and pharmaceutical quality, is an ideal fit with Bal Pharma's current product mix. We've been involved with Plandaí monitoring their progress and clinical trials, and are pleased that they are now positioned to become a valued supplier as we work together towards our mutual goal of providing a better and healthier lifestyle through quality products and innovation."
Market cap now 11.4 million. Below this level the properties, assets and the coming revenues (how many ever) might be above this mc. Anyway it starts to look dangerous for short seller.... first buyers seem to give it a try to get in at this level. Not many buyers yet, but possibly .07 could become a new lower barrier.
Well, one has to be experienced to avoid mistakes by gambling pennystocks. That's why I took out my investmant at approx. 1.00 after the hyphe and kept free shares only. But I have lost a lot the years before - by my greed. So it is just fair that I did lose nothing by PLPL, in the opposite, still hoping to make some extra coins with my free shares by another small hype here.
GLTA - holder and shorter. : -)
Seems like you do the same mistake like all greedy gambler: Shareholder hold pennystocks too long even the price drops into the mud, short seller short too late when the stock is already in the mud. That's why small shareholder and small short seller will always loose finally.
By the way, I watch PLPL - and if there is any sign of anything positive I will buy also approx. 200k - 300k - and for sure I will not short a stock if is is down approx. 90% where it has been starting 4 years ago. Would not be very clever IMO
well, plpl 0.01 ? seems a bit unrealistic as PLPL still does not exxegerate with news releases and a MC of 1.6 million also seems unrealistic with regards to their ongoing busienss (how good or bad it might be)
BTW, PLPL can not file revenues as long as files of 2014/2015 have to be re-done. In this case PLPL will, again as always since years, not inform if (!!!) ANY revenues have been made this year. Fine for PLPL .... now they have another excuse to avoid official numbers.
Stinkly Pinky not fare anymore.
Market cap 13 million. Realistic? Guess yes noiw, IF Plandai is not a fake story. Based on this market cap short selling could get dangerous, even 10Q files etc. of 2014/2015 will have to be done again and even PLPL might go pink. Could be that we have a bottom between .07 and .o9
To late to short even PLPL might go pink. IMO some people might hope that PLPL release something to keep the price at current level. This would be absolutely in the interest of the management. If .08 is a fall/winter bottom any good new could bring shortseller into big trouble. I believe we might go pink, but often pink status goes parallel with news release by mcircaps to keep the price level. If PLPL doesn't follow such strategy, the price might go .05. But even I am negative...I would not short now either. Much too late after such an enormous price drop. But as we know, shortseller are greedy as well and often make big mistakes and take too high risks downwards as gambler take too high risks by hodlgin too long. However, thanks to shortseller, will help frustrated shareholder one day
Interesting read: Notice the connection between Marlin Molinario and...Tim Matula, the former IR of Plandai. The picture about Plandai is getting rounder - a company which works with such people , can not be trustworthy at all:
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=109482486
still in here because I play with 200k free shares. I do not need this money so I can play and see what happens. BTW I do not waste my time here, just read sometimes. Do not moderate here anymore of course. That would be real waste of time.
pinksheet status might kick PLPL down to 0.05 - althought sometimes in the beginning shareholder hope for a short pink period. But if the pink statatus keeps longer than a months, chart curves go lower and lower.
By the way, using chart technique at such a stock is totally unexperienced nonsense: If PLPL does not deliver files, revenues, news et.cetc.etc. - nobody will be interested in a 'oversold' chart. Ridiculous! Just check the chart and follow your past predictions.....and what do you see? Oversold situations? LOL It is a typical OTC stock on its way into a dark and possibly very long tunnel.
By the way, SEC will not be satisfied with a 10Q of past quarter....PLPL will have to deliver 1.5 years of revised files...and this will take many months. I would wonder if PLPL does not go pink for a long time.
scotty, your repetition of old links proves that PLPL, PLPL canabis story of 2013, PLPL-Shively etc. is far past. and latest news shows nothing but another africa connection of PLPL which is not really trustwirthy anymore. PLPL has no partners out of africa as nobody cooperates with PLPL...and that means PLPL has nothing to offer which interests anybody. If the phytofare story of PLPL would be sO great biotech and nutria world would jump in .... but nobody does.
And that is why Plandai releases any partner just to show that they are alive. But this does not move any investors a%%
This is just the strategy thousands of microcaps at OTC have tried to get lost shareholder back for anyother squizze out.
I am out of here: It is time to give up moderation of this board - PLPL appears to be a fraud story and I do not waste my time with fraudulence stocks.
I will check frequently if I can sell a bit higher one day - but I doubt PLPL will have a comeback. IMO it is over.
Cheers to all.