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After having this illusion since 2012 I am ready with it. Too many inconsistencies. I am waiting for a final hype within next 6 months. Thats all. But I even do not hope anymore for those revenuees of $25.000.000 Duffield predicted for 2013 aready. Sorry, he is not late, he is a liar.
You will be gobsmacked about the low revenues for all 2014. I predict less than 1 million.
I buy when there is a real signal to buy - this is a bit more proffesional. With oither words, if PLPL is serious you can buy also at .35 and .45. I am not hot about pennies like buying 10.000 stock for .27 and selling this tiny bunch for .35. Boring pennies and a waste of time.
"....they should be selling product now..." - but to whom? To those companies Duffield did form to make us believe PLPL has partners? So how serious are thopse partners? Do they really exist? Didn't you all notice that PLPL did not release any, really not one single additional partner, wholesaler etc. since 2013? And also in 2013 it only have been 2 or 3! What the hell is really going on at PLPL ?
Well, just on the way to become another penny loser as thousands of others. This management is not more worse than all those other penny leaders - they go public and cheat shareholder. Nothing special. Finally we just wait to get off with only a slap on the wrist.
With regards to numberless experiences with such kind of stocks I worry this 'nothing' will go on till end of 2014 - and meanwhile I also worry the bottom .30 is getting weaker and weaker and will not keep very long anymore. It has been tested too often and day trading might bring it under pressure more and more.
Calculated optimism is left when nothing is left. My judgement bases on the fact that Plandai keeps going on to reduce releases since last year - obvioulsy there ist nothing to release and - fortunately they do not lie in this case. But Plandai has not been able to deliver aynthing yet after going public 2.5 years ago - and I undersatnd why: They have not been able to make pythofare working also before the public going. So they try it all while they are listed. Of course also other biotech companies develop products while they are listed - but it takes sometimes decades until they are able to deliver ( and, not to forget: Plandai does not have such thrilling products). Meanwhile dilution increases and shareholder decreased. I studied the past of Plandai a lot last weeks and I do not like many things which opened my eyes more and more. Plandai is a money machine for Duffield & Co. and this makes this story fishy more and more - especially after this announcement of enormous salaries for directors - even the stock runs on loans only. Smells very bitter for shareholder.
Bounce? Yes! Longterm success? Questionable? Why? This management tastes bad - I would not wonder about endless delays, missing partners and tiny revenues midterm. Ok, just IMO
Not sure if 'whinning' isn't the most understandable reaction to this chart and to the silence at PLPL - included it's homepage blog.
There is nothing to announce, that simple! I do not repeat myself endless (some hate it LOL) - but it is poor to see how much promises, hopes and newsd PLPL has released in 2013....compared to the moment shareholder expect reveneues since beginning of 2014....and still in august nadda.
I would not wonder if PLPL goes lower ...$ 40 million (+) marketcap is still very high!
Amazing volume today - goes it would be better to take this as the decision of a big confidental buyer insteed of a big annoyed seller. lol
tmonkey, 'overoptimism' is a very kind word for a management which opens a shop with a non-ready product and predicts millions directly after the opening. This is done - and always only - by listed companies and companies which ask a loan from banks etc. This is nothing but tactic to received money by shareholder, investors, banks, government etc. - not trustworthy....but people have to believe in trustworthyness of a management. I did the same 37 years ago when I started to run my company to receive some 100k from a bank to finance a start ....but my secret calculation has shown revenues only two years later. And I knew it - as Duffield did know this also when he wrote the investor sheet.
However, it seems like the current shareprice forms a bottom. Guess buying now it not too risky.....without knowing where the chart will go again. But the 10-bagger-enthusiasm is gone - reasonable and right. my biggest hope: Shively stays vice president....otherwise this drops like a stone.
A microcap management, which 'expects' , directly after a reverse take-over - sales of a non-ready product which two years still needs medical investigation etc.....just 'set the bar high and - well simply - failed'? LOL Strange understanding of a proper DD on reliabilty of a management - especially of a pennystock high risk management. 'Vision.... how often have I heard this word by microcap directors and 99% failed. Right, visions are important ... but should base on realistic, proper and trustworthy reports, investigations and..... on respect for shareholder !
But, well, it is just a pennystcok, and pennystóck directors tell since existence of stockmarket everything .... there will always ber people and talk about a 'vision' and gamble - and pennystock leaders know this! That's the reason why they create pennystocks and not for....visions!
I accept every honest comment - that this is a pennyplay for high risk gambler and that people want to make gains by daytrades or weektrades. But PLPL management has a vision ? Well, the vision seems to be their salaries without revenues..........lol
However, here you are ".......As noted in the Company’s investor presentation and in a recent press release, PLPL reports a $50 million recent valuation of the Company, with income growing to $27 million in 2012 - 2013 and $90 million within 5 years, and net profit growing to $19 million by 2017 and $90 million by 2020........"
Big words although the products was not ready for sale at all. Trustworthy? Well, if I would have done this with my clients my company would have been broke within two years!
"..... setting realistic goals that can be accomplished at a realistic time frame. (unlike most companies in this sector)" ?!? Unfortunately it is exactly the opposite of your comment with regards to the 'real' reality of PLPL: They have been setting goals at the reverse take.over in 2011/2012 which have been complete unrealistic .....even phytofare was not ready for anything in 2012/2013 and even until today! They did not tell the truth - this is the reality.
I have done this now several times - this has been part of the Investor Sheet - which is, no wonder , not available anymore. So it is still part of the Equity Research (Coverage of PLPL) of February 8, 2012 by Murphy Analytics. There you find, that management of Plandai promise reveneues of 27.000.000 for 2012 !
Sorry, I do not post here to tell lies just because I am annoyed about such dead promises by an unrealstic or anable management! Or they have had options for sale and tried to push the price in 2012 already.
As I thought....still no revenues in sight : "....Commercial production of the Phytofare(TM) Catechin extract is then expected to commence with the first green tea crop of the season, which is entirely weather dependent but is anticipated to begin sometime in late September 2014 and continue through May of 2015. ..."
My prediction for the financial report 2014: Revenues of 800.000 (promised in 2012: 30 million / in 2013: 50 million etc.)
PLPL has not been slow, management has been cheating shareholder by obvioulsy false informations for two years..... they told us in 2012 phytofare is ready for sale!!!!!!!!!!!!!!!!!!!
But I know, nobody here will be interested as gambiling is gambling - no interest in fundamentals and false statements by compnaies. I am really annoyed about Duffield & Co.
And, by the way, I am VERY curious again about thesalaries they will pay to themsleves in 2014 - not below 2.000.000 ... by no revenues again. They will steal the loans again which have to exist for progress....and THIS is the reason why Plandai is slow: If the money goes into the wallets of directors...how shall the compnay be able to progress fast?!?! If I would be a bank director I would not give a dime to Duffield after studying the financial report of Plandai! I would not feel able to trust that Duffield uses the money to pay the loan back.....and while a bancrupty proces microcaps never pay anything back! Well known approach.
Marketcap of 41.000.000 is much overvalued.
Plandaí Biotechnology, Inc. Provides Shareholder Update on Completion of the Company’s Production Facility and Start of Commercial Production
August, 6
The Update Also Provides New Information on Studies Involving Plandaí Products, Including an Upcoming Phase II Human Clinical Trial
SEATTLE, WA / ACCESSWIRE / August 6, 2014 / Plandaí Biotechnology, Inc. (PLPL), a producer of highly bioavailable plant extracts for industries including health, wellness, nutraceutical, and pharmaceutical, today provided an update to shareholders that covers topics including the completion and optimization of the company’s state-of-the-art production facility in South Africa and the schedule for commencement of commercial production at the facility.
According to company spokesperson Louise Willemse, contractors are expected to finish all installation work at the company’s production facility on the Senteeko Tea Estate in South Africa between August 8 and Aug 15, 2014. The installation work includes all electrical, steam lines, equipment installation, and boiler system.
Engineers from the Indian contractor are scheduled to arrive on-site during the week of August 17 to complete the optimization and to initiate start-up of the facility. This process is anticipated to be complete during the first half of September 2014.
Commercial production of the Phytofare(TM) Catechin extract is then expected to commence with the first green tea crop of the season, which is entirely weather dependent but is anticipated to begin sometime in late September 2014 and continue through May of 2015. During the next winter season in South Africa, June through August 2015, the Company will begin processing Eureka lemons to produce approximately 200 kg of Phytofare(TM) Limonoid Glycoside Complex per day.
In addition to releasing the factory update, Plandaí also announced that the first two legs of the human clinical trial on the oral bioavailability of the company’s Phytofare™ Catechin Complex have been completed and results are expected to be released during the week of August 17, 2014. The third and final leg of the study will take place using Phytofare™ extract produced at the Senteeko facility and then entrapped in Pheroid® by scientists at North-West University in Potchefstroom, South Africa.
Concurrent with the third leg of the bioavailability study, Plandaí expects to commence a study testing the effects of Phytofare(TM) Catechin Complex in inducing weight loss. The study is being designed as a Phase II human clinical trial and will involve 100 patients over 90 days in a double-blind protocol.
well, I took out my investment at 1.05 and play with 190.000 free shares now... but, sorry, I do not like were we are otherwise I would be an idiot. Either I can trust a story or I have to notice that a management does not get their act together. This is what I realized since I discovered PLPL in 2012. Endless promises already in 2012 and no income since two years.
You call this whining by a shareholder ? Sorry, I call it disabilities by a management. This is why we talk here- either pro or cons. That simple.
Management of PLPL is not that great after all!
But I believe you are a gambler and not an investor, speculator or longterm shareholder. So you are not really interested in fundamental longterm progress.
sorry, do not get your post.
You seem to be a purblind man if you do not understand the content of my very reasonable critics - especially with regards to tons of shareholder who lost tons of money here. For you PLPL might be an opportunity, for others who have been enthusiastic it has been is a desaster! But it is your right to be egoistic - this is the character of stock trading.
Oh yes, it is great where we are here: I love if somethinth is trustworthy and steady.... and PLPL proves this perfectly as we are at the same shareprice as in February 2012. I love traditions. It always made me nervous when PLPL has moved to higher prices between 2012 and 2014. But the charts makes me hope that we will be at this nice low price also again in July 2015. With regards to the past chart movements and coming dilution I do not worry that we go much higher.
....and another 11% down...on a monday. Bad omen for the week.
PS. With regards to the current frequence at this board I also notice that interest in PLPL is ridiculous. Thus I assume all those trades every day are not serious at all, just daytrader who buy some and sell some every day. Volume ist ridiculous as well.
I worry I am right, the market does not focus on PLPL anymore (even summer is always terrible)
We all should try to call the pros and the cons of this story. As I am not realy pro currently I start with all cons-arguments:
1. No reveenues still - even promised already for 2013 and 2013
2. No new mecidal results
3. Longterm promises only regarding ML participation of PLPL
4. Confidence of market low - espcially after typical penny-chart-behaviour. People get scarry.
5. Management filling their wallets with millions by salary - even the compnay runs only by loans.
6. Height of revenues by phytofare products not sure. With regards to this since weeks no informations about progress of productions.
7. Important vice prsident shively does not waste one word to the public regarding his rule and his intentions.
8. CEO Duffield does not really state anything significant since months
9. No informationm about the stock options of directors.
10. Since months no word about any additional significant business partners. No new wholesaler, no new partners etc.
11. Blog at PLPL-website dead since months.
12. No promotion anymore... but I believe this is a 'pro' lol
I am sure I forgot numberlessother cons
oh yes, PLPL is very green today What I see is the green behind the ears of a management which did not learn their lessons how to lead a story properly without promising what can't be kept.
By the way, revenues is one promblem here since years - but where are the latest medical results ? Not good enough to be published?
I know: PLPL = Pennystock no. 13.671 which starts with enthusiams and 1000 promises by the management and a 5-day-chart which looks like the stocks goes through the clouds, than a drop deep into the mud full of frustrated early-buyers ....and of course alwa<ys the same " Value will show someday that's why I add 95% below the all-time-high" LOL
Can't listen to it anymore, sorry. Too often, too wrong, too much illusions. Why I am here? I did not sell to fast and now I wait for a little second hype. And, by the way, PLPL will never go to 3.00 again. It is just one of ten thousands of microcaps, where the management promised hyper-millions of revenues in the first years of going public....and did not deliver anything even three years later.
Forget it. Its a good trading stock, but nothing else. By the way, I smell the Shively is leaving PLPL again in the moment when he finds a better small cap.
nice arguments. Nevertheless, the moment when it pops - maybe - for three to five days, a lot of people will lose a lot of money by buying too high before dilution. Than dilution will put the story under enormous pressure.
I am sure abiout this as JGLD has nothing to offer which makes any price reasonable. It is, IMO, nothing but a new gold-fake-story, used by some directors who try to makes some $100k by going public. I do not doubt in thius at all !!!
For very fast trader this might be a chance for a moment, but after a tiny period of nice momentum this will be dead again.
shareholder, who bought at .30 might have forgotten that many have been disappointed by buying at 2.00 and even higher - and now lost tons of money. You can't make anybody here happy anymore with a plus of 12% ... some need a plus of 800% to get back their money they have lost here!
I am already happy if this penny-story does not fail and appears to be one of those thousands of big-word-and-finaly-nadda-microcap.
There will be no interesting news till au´tumn in my opinion. Thus I only hope that the price does not dropp too low. The lower it drops the more it has to pop to be interesting.
PLPL is still nothing but Vegas.
Read posts properly before you comment. That is called 'seriousity'. Thanks.
I do not underestimate the rule of Shively and Pellicier in this MJ discussion . but I also do not overestimate the rule of Plandai in this discussion. Plandai has its jobs....but still has to prove that phytofare exists as a product for sale. As long as they did not prove to be able to make money with the tea story - which they promise now since years already - as long I do not dream of anything else....especially not by taking into account how long it will take until a MJ story unfolds in general.
Get real guys. First of all microcap stockmarket is 99% lies and 1% truth. PLPL did still no prove to which group of % they belong.
Beside of many progress since 2012, PLPL management does many mistakes, promised too much too early, takes too much salary and did not deliver any dime of those tenth of millions revenues they promised in their investor sheet of 2011/2012.
This is not the way howe to find serious investors ! But meanwhile I doubt managament cares. I still wonder why they do not dilute. We'll see what happoens before 2015 if they do not find additional loans.............
summer hole on board and chart. I worry .30 is an unpleasant option till autumn - if not lower if PLPL does not deliver anything.
Nothing will happen! Your idea is anyway just a theoratical gamblers dream. LOL Such ask never get filled.
However, the market cap will jump up to some million just by the coming dilution of millions of shares.
I do not touch this hot iron !!!! Just want to get out
I do not wonder! Typical penny companies: Wonderful news for years until they have to release revenues....and than silence starts !
I would not wonder revenues at the years end will not be over $ 1.000.000 - maximum! They promised 30 million in 2013 already... just to remind!
A bit very dead this new story. Strange kind of listing a story by buying a shell without any intentions to trade it. Guess it must have been an idea they have had in a pub after too many drinks.
a bit strange: Whenever pennystocks have to release numbers of revenues, tghe news flow is getting tiny. Often you do not hear anything anymore for a long time but non-revenue news. This is the moment at which I start to watch pennystocks very carefully and start to mistrust. It is getting time for something real without phrase-mongering. Curious about the coming three news releases as well as the space of time they get released.
EXACTLY ! I lost a lot of money because of MY stupidity to believe the steering wheel might turn into the other direction - and all 600k shares I bought high was MY fault.
Still angry about MY stupitidy not to sell at any time..... just because I thought Hillard Herzog has been leader of the former asia delegation of President Bush, so it can't be that he is such a criminal character.
But people like Sohail have enormous problems to take over responsibility for their own failures, faults and unabilities as shareholder or entrepeneurs. Before I involve myself with some thousand $ I try to make a good DD by www.... but before I spend $ 600.000 for shares I study the whole story personally directly on-site - a flight is affordable, isn't it?
....friday chart as usual. Obvioulsy some tiny trader need money for a weekend at McDonald
unfortunately this is not the kind of game I am here for. Either PLPL is a serious biotech microcap or not. I simple have no time for daytrading and it is not funny IMO to play for some pennies only. Thus I wait for something real here - this penny up and down is not satisfying at all for someone who buy some 100k shares to speculate on real money longterm. The real risk here is to believe in seriousity of Plandai and its management ... there is not risk at all to play those ups and downs every week.
For me waste of time as I prefer to be creative in my job.
.23 is too early, I prefer .22