Plandai Biotechnology Inc (PLPL)

[JPS02]

NOTE 8 – EQUITY TRANSACTIONS - Extract

On January 27, 2022, EMA Financial, LLC sold its remaining $68,397.30 of accrued interest of its convertible debt to Pinnacle Consulting Services, Inc., in exchange for $60,000 per a Purchase and Assignment Agreement dated January 26, 2022.

On May 10, 2022, Pinnacle Consulting Services, Inc. executed a debt conversion resulting in the issuance of 200,000,000 shares of common stock. This debt conversion reduced the principal and interest balances of their convertible note payable to $0 and $38,397.30, respectively, as of June 30, 2022.

Extract source - PLPL June 30, 2022 Annual Report: https://www.otcmarkets.com/otcapi/company/financial-report/338972/content

Go PLPL!