Plandai Biotechnology Inc (PLPL)

[DD_dempsey]

BLAST OFF IMMINENT- $PLPL

SEEDS PLANTED IMO- for a series of material events forthcoming which can easily translate into HOY pps - and then some. Let’s see the merits of this acquisition deal laid out over the next few weeks and I imagine we will test .0012+ pps today


The Parties are conducting due diligence with the intent to finalize a material definitive agreement outlining terms and conditions. Plandai expects its independent two-year audit to be finalized very soon and will form the basis for its operations going forward.

Commenting on the letter of intent, Mr. Ken Patel, Chairman and CEO of EV Hotels stated: "Great things in business are never done by one person; they're done by a team of people. Innovation is a team sport. We are excited to see the future of hospitality have an innovative mindset and EV Hotel is leading the revolution."

Plandai's CEO, Tad Mailander, concurred, stating "we have worked tirelessly to locate a suitable merger candidate for Plandai to return value to its shareholders. With our sights now focused on completing our due diligence work with EV Hotel™, I am confident that we will finalize a transaction worthy of the commitment and confidence our shareholders have placed in the whole Plandai team."