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29YEARINVESTOR

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29YEARINVESTOR

Re: Lucky/Louis post# 60649

Wednesday, 06/13/2018 10:15:20 AM

Wednesday, June 13, 2018 10:15:20 AM

Post# of 94941
I don't thinks so. Why is Plandi paying TXTM operational cost, until they become profitable?

Because Jamen Shively and Plandi must believe TXTM will get the license and become very profitable IMO!

https://investorshub.advfn.com/boards/read_msg.aspx?message_id=131710069

Straight from TXTM's latest quarterly report on second full page from the end under :

NOTE 3 – PAYABLE TO RELATED PARTIES
Payables to related parties includes operational costs of $515,016 paid by the Company’s majority shareholder, Plandaí Biotechnology, Inc. on behalf of the Company.

https://backend.otcmarkets.com/otcapi/company/financial-report/193883/content
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