Plandai Biotechnology Inc (PLPL)

[Kool Aid Man]

No I'm on team "I'll believe it when it Happens." Why?

Because Tad Mailander has been involved with this ticker since at least 2016

Mailander Law Office, Inc.
835 5th Avenue, Suite 312
San Diego, CA 92101
[phone]
(Page 9 https://www.otcmarkets.com/otcapi/company/financial-report/169610/content

Tad was involved as the attorney for longtime crooked CEO -- Roger Duffield-- who ran a variety of nutty scams and perpetrated fraud. On 8/2/2018 the SEC slapped him and PLPL with sanctions and stiff fines:
https://www.sec.gov/litigation/litreleases/2018/lr24232.htm
https://www.otcmarkets.com/stock/PLPL/news/SEC-Litigation-Release?id=207571
Tad defended Duffield and PLPL for over 2 years before the SEC fined and permanently barred him (Duffield) as well as slapping PLPL with a fine of $200,000. Then this happened--

Corporate Management
The Company is managed by Tal Mailander, who serves as PLPL’s acting CEO and President. Prior to Mr. Mailander’s appointment, Roger Duffield was the sole officer and director of the Company until his resignation on November 10, 2020.
https://www.otcmarkets.com/otcapi/company/financial-report/301991/content

On 10/21/21 Tad uploaded a required attorney opinion letter for PLPL which --incredibly-- made no mention of the SEC actions and $200,000 fine which was still owed at the time!!! In her letter she claims she reviewed the

"Annual Report for the year ended June 30, 2021, containing unaudited Financial Statements and Notes to the Financial Statements for the years ended June 30, 2021 and June 30, 2020, filed September 14, 2021; and,
2. Interim Financial Report containing unaudited Financial Statements and Notes to the Financial Statements for the year ended December 31, 2020 and 2019, filed on September 17, 2021. https://www.otcmarkets.com/otcapi/company/financial-report/307793/content

. The word "fine" doesn't even appear in her "opinion" despite it not being cancelled until June 22, 2022 https://www.otcmarkets.com/stock/PLPL/news/SEC-Cancels-Regulatory-Penalty-and-Interest-Concerning-Legacy-Civil-Enforcement-Action?id=362096

True, Tad eventually succeeded in ridding the ticker of it's toxic debts and the SEC fine and produced audited financials for this heretofore empty shell. But when you add TWO failed reverse mergers in the past year I personally think it's prudent to see if he actually delivers the goods this time.

IMO I'd rather buy a verifiable "done deal" than speculate on another "amazing opportunity" that flopped and was abandoned. If it's legit it'll be a good deal at .005 and .05 and higher. If not it's another pump and dump.