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Alias Born | 11/29/2010 |
Thursday, June 29, 2023 7:36:40 PM
1) Tad has had not one but two failed reverse mergers in the past 11 months. Then--
2) On January 4th he announced--
3) PLPL has a long and toxic history that resulted in SEC actions, fines and the permanent barring of the previous CEO (Roger Duffield) for whom Tad Mailander served as legal/ securities counsel since Duffield's reported "initial disclosure" in 2016-17. (see page 9 https://www.otcmarkets.com/otcapi/company/financial-report/169610/content ).
4) On March 15, 2023 Tad filed an SEC 10-K for the period ending 6/30/2016 which included the following "declaration" (Exhibit 20.1) explaining his unsuccessful attempt to recover any audit records by Duffield.
https://www.otcmarkets.com/filing/html?id=16494707&guid=yXD-kKDt7oePB3h#plandai_ex20-1_htm
Five days later he filed an SEC 10-Q for the period ending 9/30/2016 which also contained the same "declaration." Both include the following--
Exactly how Tad came to control PLPL is still a mystery to me. IMO it's no mystery how he could claim to have secured a "two-year independent audit of its financial statements" since everything prior to that simply vanished.
Again, Tad was the lawyer for the previous, crooked, barred CEO and his family. Did he not review or keep copies of any "auditor's letters" for all those years? If PLPL was never audited then why the pretense of looking for something that apparently never existed?
Do not buy, sell or make any investment decision based any information or opinion I post. Conduct your own DD.
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