Plandai Biotechnology Inc (PLPL)

[Aston Martin]

I doubt that this will happen. With regards to thousands of pennystocks, which have been in the same situation like PLPL, also with 'promising' products, they all ended sub-penny longterm. Plandai management is totally VERY questionable meanhwile as nothing did work fine - last but not least they even do not file SEC reports anymore, have no IR, do not talk to shareholder, have no phone, no real adress.............all 100% signs of a scam story. By the way: News releases are words, not more and not less. Penny managers ALWAYs release terrific news ... before they end at Nirvana.
IMO Plandai might go .20 after a final hype and than die. $ 3. was a nonsense shareprice. With a price of .20 per share the marketcap (if they do not delute even more) would be $ 32.000.000 - which is more than they are able to show. If they make revenues even, I believe they could make $ 5. to 10 million per year. IF..... they make any revenues ever !!! They promise this since 5 years....and did deliver nothing at all till today.

Honestly said, IMO this story has no value , it is a gamble. I ignore all news releases as all marketmeber do. Even another ex-Microsoft director as VC will not push this story above .20 LOL