Plandai Biotechnology Inc (PLPL)

[Aquahoya]

So, Tad Mailander cleaned this shell up and erased close to total of $6,900,000 (Berkshire Capital Management Co., Inc) in total promissory notes debt, not including interest. Along with the EMA Financial loan resolution. Debt totaling close $20,000,000 was wiped leaving $12,300,000 total net income. So the shell has a net income surplus of $12,300,000 or so. Meaning this should not be sitting down here.
https://www.otcmarkets.com/stock/PLPL/news/Plandai-Announces-Cancellation-and-Release-of-Legacy-Debt?id=334877

During this, Hymers took over some of the Adar debt that still needed to be paid off and was given 200,000,000 shares for that. Another 300,000,000 shares had to convert as well is you go through the share conversion totaling the current float. Unfortunately, we had to eat some of the debt in order for this all to be possible.

The SEC regulatory commission canceled the companies civil penalties due to former Chairman of the Board and CEO, Mr. Roger Duffield.

https://www.otcmarkets.com/stock/PLPL/news/SEC-Cancels-Regulatory-Penalty-and-Interest-Concerning-Legacy-Civil-Enforcement-Action?id=362096


Now we have a clean shell with no debt on the books with more than $12 mill total net income on the books. Tad will get financials audited PCAOB and stated that he had multiple strategic opportunities for this company. Again, why would Tad go through all this unbelievable hurdling, and get this PCAOB audited if he didn't have something?

Plandai is continuing its evaluation of several potential strategic opportunities to bring value to its shareholders.

https://www.otcmarkets.com/stock/PLPL/news/Plandai-Biotechnology-Inc-Announces-Termination-of-Non-Binding-Letter-of-Intent?id=366163