Plandai Biotechnology Inc (PLPL)

[Hercules1]

as i have suggested, the damage done is irreparable unless he acts fast and takes this RS off the table.

people lost real money.

he lost their trust and their confidence.

70% drop in the value of people's hard earned money is no joke.

if he does not listen to his shareholder concerns, he will never be able to find the trust and the confidence of the investment community again.

and certainly people will run from him and his stock.

he made a tragic mistake. this stock would have made it to .04 to .06 on its own merit.

he is not going to any big board with this split unless he has assets, earnings, minimum equity requirements and the like.


this also sends a very bad message about dilution. this means he intends to dilute without any sort of reduction in AS.

now this will bounce back in the morning but the damage is substantial and people will give him a day or two to respond and then bail if he does not take this RS off the table.

and in that case his stock will go to zero and eventually the grey markets.


he has to act fast.