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There should be pretty strong support @ $0.10 and then $0.06 considering the recent private placement and 2yr warrants. Lock up until Feb 17, 2018.
Will scoop anywhere from $0.10 - $0.20.
Definitely a speculative play...
They are in a interesting/hot space at the moment. Hopefully they can capitalize on the public interest and not content with trying to dilute way down here. Waiting for some filings to see who's involved (owns shares), that should give a better picture of intent.
Let's get ready to rumble boys and girls.
What's all the excitement about...
I haven't seen any news come out. Did these twatters twit something?
Whatever it is, they seem sure to dilute. They are probably running low from the last pump&dilute show.
$0.30 per capsule,,,, is a dream.
More like $0.05-0.10 per capsule sounds more reasonable. Just look at comparable products on the market and their retail price.
These idiot management have a ferocious tiger by the tail...
they just don't know it and are intent at diluting way down here.
Sad really. A good mgt team would have this thing @ 0.02 already and 10cents before the end of the year.
I guess they are desperate for the cash now.
Seems that at least in this case, the co. coordinated to the pump to unload about 900,000 in new shares thereby diluting current shareholders.
Absolute disregard for current shareholders... I guess they were really desperate. They should have informed what of strategic plans or at least update. A dam youtube video doesn't cut it.,,, sorry.
Please...No More "NEWS"....
The last time they released 'NEWS'.... they pile drived the SP in half.
Pls spare me any breaking news.... lol
Good luck with that...
I figured that they would wait until the price increased so that the could raise funds (dilute) at a higher price... but no chance of that. They can play this game endlessly if they are crooked.....
dilute shares on each pump.... then reverse split in a few years.
By absolutely PILE DRIVING the last pump,,,, txtm Management has severely damaged any confidence/trust that the market gave them.
While the float is still listed as ~1.76Mshare as of 12.31.16... I suspect that the current float has also increased by equivalent amount. The O/S share increase is about the amount of shares traded during the last pump.
So I estimate that is about ~$1.6M + into their coffers...
Would have been nice if co & crew did not absolutely pile drive the last price increase.... that was brutal.
Appreciated....StpIns.
While the float is still listed as 12.31.16... I suspect that the float has also increased by equivalent amount. The O/S share increase is about the amount of shares traded during the last pump.
So I estimate that is about ~$1.6M + into their coffers...
So do you think that Duffield & fam are crooked.... or just David Lewis and friends?
TXTM Outstanding Shares.... w/Link
StoptheInsanity... there is no proof of your '1B shares added' claim.
Per OTC, there was an increase in O/S common of about 222,000,000 common stock shrs from 12.31.15 to 12.31.16. There has been no update to A/S or O/S since then. The float (traded) did not change during that period.
See page 3 of linked OTC disclosure.
https://www.otcmarkets.com/financialReportViewer?symbol=TXTM&id=165881
The co. has 4 days to report any material change in A/S or O/S. Of course there is the chance that the co. is deliquent in their disclosures which is a possibility.
Provide a link supporting your claim that O/S increased by 1 Billion or shut your pie hole.
44 Days,,,,
and counting. CEO laid out the companies plans and what to expect over the next few fortnights. Will they scare you out of your shares on this ''$cam". Any remaining SHHHHHort$ to make a Tasty hasty exit, then flip before the clock strikes. SHHHHH go to sleep.
i think he is stuck at this point... like a lot of other
bagholders.
There's always more shares where those came from....
thin air. lol
what does it take to authorize, issue more shares... a sec filing? lol
then reverse split the hell outta everyone when that trick wears off.
Link didnt work.
Yep....$500,000
Yep.... if they were able to unload 200M shares at an avg. of $0.0025, then that is $500,000. That should support operations for a couple of months.
jmo
LOL.... you tell em'. LOL...
Yes. Better communication would be ideal. But if they did all that you mention and articulated their strategy, then the shr price would probably be @ $0.15-0.25 already.
You have to read the SEC filings and disclosures and put things together for yourself. I think I have a decent idea of the direction of the co. & what strategy is being put in play. I am not 100% certain which stock will derive the biggest benefit, so I am accumulating both TXTM & PLPL.
Any dilution of the authorized or outstanding shares must be disclosed w/in 4 business days. If this is not disclosed, then the co. is opening itself up to SEC/OTC action and civil litigation depending on how egregious.
Regarding dilution,,,, I do not doubt that it will eventually happen, but if I were trying to raise capital, I would prefer to dilute @$0.20 per shr (or higher) instead of way down here.
All of this is JMO.
Should be an update any day now...
The chart seems to be stacking up nicely.
WE NEED PANIC BUYERS TOO.
I prefer to ease into a position,,,, ie. if trying to accum. 5M shrs, then
for example I buy 5 lots of 1M shrs over 2-3 weeks.
To each his own I guess.... WE NEED PANIC BUYERS TOO. lol.
glty
You are thinking too small imo... trying to shave a few fractions of a fraction. Now if your trying to flip for your daily bread, then I get it. Otherwise you risk getting left behind and to hesitant to chase.
jmo
"If your gonna shoot,,,,then shoot, dont talk."- The Ugly from The Good, The Bad & The Ugly w/Clint Eastwood.
Once concrete news hits and the co. articulates their strategy.... I believe we will see lift-off.
Agreed. This and PLPL could prove to be the play of 2017 imo. Looks like we have a 0WCP in the making.
Yep....trying to calculate that one myself. It looks like there could be some overhang from 0.004-0.005 as a result of the Jan. 17 high. But above that level, there does not appear to be any real technical resistance.
Dilution will come into play at some point, but not yet imo. If you are Plandai,,, and you know what strategy is in play... I would raise funds (dilute) at 3-5 cents a share than try to dilute down here.
jmo
lol.... do you need a tissue?
In My Opinion Bashers = Buyers....
You have two main types of speculators/investors here.... people who are buyers down here anticipating a meteoric s/p rise.
And then you have bashers who simply want cheaper shares. Both are buyers.
By rule, the company has 4 days, to disclose any material change to authorized shares, shares outstanding, float. etc.
It is not possible to say one way or the other,... unless you are an insider. So we will see.
I would think that when they do plan on raising funds through sale of shares that they would wait for a much higher price,,, since it is clear to see where this story is heading.
jmo
You are definitely dreaming....
That would be a $1B valuation. lol. Does this thing even have any revenues?
Looks like there are 10 Billion authorized shares.
Yup.... that's a lot of shares. I will wait for the reverse split (60:1/ 100:1?) or disclosure statement of dilution.
I read it already... It did not seem to address the question I posed.....
Is PLPL decoupled from the business of TXTM/PLSA,,,, or do they maintain some ownership interest?
Hello Board,
I am trying to decipher the impact of the share exchange with TXTM. It is not clear what significant assets if any were transferred to the new entity Plandai SA/TXTM? It looks like the farm land, manufacturing facilities etc. remain with Plandai Biotechnology.
Plandai Biotechnology appears to have been awarded 100,000 class D pref. shares which are equivalent to 75% of voting common stock of TXTM/PLSA.
That would lead me to believe that PLPL and PLSA/TXTM should trade in tandem going forward? What say ye?
The TXTM board appears to be much more active with speculators,,,,Just trying to determine which entity will provide the biggest bang for the buck.... plpl or plsa/txtm.