ProText Mobility Inc (TXTM)

[DD_dempsey]

Yes, Plandai SA (private sub of Plandai) is taking Control over $TXTM

As of today, Nobody care about TXTM financials and business model anymore. They are throwing it out the window upon completion of the merger.

This merger isn't involving PLPL itself. That company , Plandai biotechnology - They are a larger company that have myriad subsidiaries who do various ventures and some are profitable and some are not. They are, what you would call, the PARENT company.

In summation, Plandai Biotechnology trading under symbol PLPL is not DIRECTLY involved in this merger for accounting and financial purposes. Plandai SA (South Africa)- a private wholly owned subsidiary of PLPL, actually OWNS the patent technology that is so valuable in South Africa and that is the company who is acquiring the TXTM control block of shares...through this reverse merger so that it can go PUBLIC as well.