Plandai Biotechnology Inc (PLPL)

[Nikodemos]

Has the share structure been discussed? The A/S looks to be 11 BILLION shares:
https://www.otcmarkets.com/stock/PLPL/security

The float is over 5 BILLION

& if you take the REAL PRICE (of $0.0005 today) you'd be looking at an imputed $5.5mm valuation. You used to be able to buy a clean shell for around $400k back in the day. It seems that this is ~10x higher that it should be...

How is this NOT already overvalued?

Maybe my math is wrong,... or I missed something. Please don't say ANYONE knows that a $10 - $50mm company is strolling in here. And how on God's GREEN Earth do they avoid a R/S here, when the NEW company comes in?