Plandai Biotechnology Inc (PLPL)

[zombywolf]

Neither figure is all that important. They were accounting entries to describe some activity going on outside of a business that shut down. We did not get $6 million in our bank account, or did we write a check for $19 million. Those figures were involved with patents going to TXTM and debt settlements. What you dont seem to get is what snoof told you. Real debt got slashed by 2/3rds, that is the only important measure in the fins that affects us. But that figure is still a sizable one, not sure if it affected the BYO merge or not. I am thinking that maybe Tad should R/S the SS now, then dilute to pay off what remaining debt he cant negotiate down. Best time to do that is now while we sit at Trip2. After that smoke clears, we have an audited shell with zero debt and a decent SS for a merge in by a good company. As I have said before, your account balance is the same at $1 with an 80 mil SS as it is with a penny at 8B shares out. And the way the OTC is today, methinks it is easier for a low float company to move the SP to a dollar than it is for a penny at 8B shares.