Plandai Biotechnology Inc (PLPL)

[Kool Aid Man]

Check the "FINRA Daily List" https://otce.finra.org/otce/dailyList
Type PLPL in the symbol box and select a date range. There have been NO announcements going back to 2019.

You correctly reported FINRA's position on these matters. However one must carefully read exactly what FINRA says---

FINRA’s Role in OTC Corporate Actions
Federal securities regulations task FINRA with processing corporate action ANNOUNCEMENT requests by companies that trade in the over-the-counter (OTC) marketplace rather than on a national securities exchange. Corporate actions reportable to FINRA generally include mergers, a dividend or other distribution of cash or securities, stock splits and name and domicile changes.

FINRA’s processing function helps to keep investors and the market informed of company corporate actions. However, FINRA is not responsible for approving or disapproving the action the company is taking. And FINRA does not review such requests for a company’s compliance with any federal, state or other regulatory requirements. The public company is responsible for making sure their business decisions comply with all applicable laws and regulations.
https://www.finra.org/investors/insights/corporate-actions-public-companies-what-you-should-know#:~:text=FINRA%E2%80%99s%20processing%20function,company%20is%20taking.

In short, FINRA's role appears to be informational (i.e. reporting "announcements") regarding corporate actions. So while it's not their job to police the legal compliance of such actions-- it surely is someone's job--most likely OTC and/or the SEC. Otherwise there would be no hang up.

Therefore, it seems clear to me that until the regulatory agency whose job it IS to make sure a company is in compliance gives the green light there will be no announcement as such from FINRA.