Plandai Biotechnology Inc (PLPL)

[marylandstockguy]

It's interesting how billions of shares is a big deal in OTC world isn't it? Apple has 15.5 billion OS but they've done a lot of splits to get to a price of $190. Siri has 3.8 billion shares - they are $4.68. That might be a better example - they aren't doing an RS for now. Both of these companies' AS counts are unavailable. Tesla has 3.2 billion shares. Amazon has 10.3 billion shares. Pretty wild stuff.

If you're going to do an RS, you probably need a good reason to do so. You may not want to do it immediately - but instead look to get to OTCQB and THEN do it.

The future incoming company (let's hope there is one) might have seen what happened with EV Hotel. There was that announcement of the 1:100 RS in the PR, and the stock absolutely collapsed from .0017 back to .0003, leading to termination.

So, do we really think the new company will want an immediate RS based on that past situation? I think that's up for debate.