Tad Mailander, CEO of Plandai Biotechnologies, Inc., commented, "We have been patient to vet and select a merger candidate that we believe will return value to our shareholders. The patience and hard work of the Plandai team over the last two years brought the Company to a very positive turning point.The Company will diligently complete its conditions to closing. We expect the independent audit of the Company will be completed this week. EV Hotel™ is committed to moving forward diligently with its audit. I expect that to be completed as soon as possible. The Company will update shareholders only through its authorized press releases."