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Plpl tells the story. Just basically everything TXTM owns now.
It's a tea facility, where's the research and development for everything else that has been claimed on PRs. I see the leased tea estate and the facility on the financials. Also when that 20 million shares were granted and most likely cashed in, did a percentage of shareholder money go to business. Thier just fronting and frauding are my thoughts, disguising as biotechnology research and development stock when their really just a losing tea estate.
If I were doing their financial form I would be like wow sir you are a biotechnology company and you have had no expenses what so ever on researching and development, not even a plane ticket or hotel stay, you sir have to be full of shit to even have that apart of your business name, just exactly what do you do other than bag tea for a living. Exactly, lying to public investors and fraud is what they do for a living.
This is a joke, if you work for various government resources and want to sell product to instatuitional and private resources yet you have no current fillings, what kind of business owner are you. Take of your public trading you have failed yourself completely. You're Fired!
Put your money where your mouth is. I enjoy an intelligent interview but where's the research that supports your hypothesis or that supports phytofare, is it lost? This company doesn't deserve it IMHO, They had alot of money at one point but where did it all go, obviously not to anyone's research which as a scientist that enjoys what you do for a living but does not spend a dime on your own studies. SMH
If you go over their financial statements with a fine tooth comb you can see many disagree factors from what they issue publicly. They want the public money for various reasons but lie or twist around public disclosures in a not very bright way. Scientific costs of research should be added, the trial and phase of any product that is released or researched should not be hidden from public eye and in this case each year shows 0 nothing. Management care to respond to that.
They should include the expenses of research and development on their next financial statement, since they do understand that will be a current need under growth from what the 10k said. Overall companies may make it sound like their products are the greatest but research and development issues their statement backing. As of right now it looks like even when they had plenty of money from the 20 million one time offering to the member organiser, that individual put no money to the research and development to a actual product, just what the financial statements show. So with what they claimed with a Cannabis product that has already been researched and developed is hard to prove since their is no financial backing from previous fillings and statements.
Just have to be patient and see what happens. Pot is just pot but the medicines that are being prescribed for illnesses from pot are amazing to believe that one plant can cure all. This company is in the right region for a lot of prescriptions, if and when this company is given the green light, their previous research should benfit them and others tremendously.
Take for example what kind of research was performed with the University in Uraguay, what was the product and what were the results.
I wanted to hold long on this one because there were a couple of things that showed a shimmer of light but it looks like birds of the same feather flock together.
They ticked you of so bad your a lifetime basher, thanks for the warning. It's in every direction.
This is just one screwed up MJ play. Feel like im getting f Ed in every direction. Dammit man.
I just don't understand this country, why would you accept applications if your not sure what is going to happen. SMH
https://www.parliament.gov.za/press-releases/parliament-and-high-court-judgment-use-dagga-private-homes. This article may she'd more light on the current MJ situation.
Dagga may be legal but I have a feeling it's going to be overturned and everything is going to go exactly back to square one, the medical innovation bill. Who knows when they will grant licenses one article said the beginning of April but looks like it may take longer, right now the country is in political turmoil.
You want your money back bet against the ZAR, currency tells you alot about this smf. IMO for any slow MF.
Let's just hope this countries politics is playing chess and not checkers, and the match doesn't take 2 frickin years.
If I were TXTM Or Plandai or whatever the frick I would go all out with medicine, industrial hemp, extracts the whole frickin 9 yards and MJ buisnesses need to lobby so these guys hurry up and get the ball rolling, this country is already letting pharmacy MJ medicine in the country and putting their own educated people and buisnesses on the back burner.
In the meantime am I supposed to buy my medicine from the neighborhood drug man, then he collects and some Rob's him or someone takes your plants because their worth alot of money, just WTF is this countrys plan?
And think about the crime that can happen that if they wait longer, think about the society, even more problems to boot, Im betting against the S. African currency, why not.
What if I don't want to grow my own medicine and want to buy from a trusted pharma brand? What about pharma grade oil? Can this government or a article clarify anything other than adult personal medical use? I see this ruling as a game changer and like the freedom this country has given the people but what are they going to do for buisness?
S Africa got rid of the MJ Bogeyman today. What does this mean? Stores and entrupernurs and medicines like Cali? Will Cannibis Biosciences be able to put their Diego Pellicer extracts on open market? Is S Africa as dumb as the dog shit on my shoe? Let's hope not.
Looking good to me, the story is about to begin a new chapter.
LoL and have a thousand articleswith your lawyers John Hancock on legislation
Great news for legalization today, that was my biggest concern.
Still here bought some more today, Im long, stocks move back and forth no worries.
Long term confidence way up, Huge news!!!!!!
Older Article 12/2016 game changer today!!! http://www.mmjobserver.com/plandai-biotechnology-inc-otcmktsplpl-may-move-forward-its-research-in-south-africa/8984/
GM good to see you here
S Africa must have some great MJ E24 billion.
Long term Possibilities and probility just went up today. Swaziland right beside the Mplunga region is set for E24 billion on industrial MJ, their main sugar export is nowhere near that number.
Huge MJ news in S Africa Today!!!!!
Holding Long anyways but will take profit from time to time.
How do you know it wasn't me that dumped all the shares or someone else, proove it.
Right,Right but I never take my investment advise from someone that can't show proof.
Im not dumping all my shares like a P&D, if you get what im saying.
IDK about you but Im buying Millions more, that probility just raised to 99percent.
Article said E24 billion golddaggalacka, with home cultivation, wowwweee
This is huge no doubt, Biggest concern was government direction deciding the fate of this stock, now MJ is free to move forward, means huge money for the market.
S Africa pleased all citizens in MJ court, very smart, less backlash means less polictal issues that can prolong MJ licenceses, very good for Cannabis Biosciences.