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Re: seven77 post# 33504

Wednesday, 02/07/2024 4:12:19 PM

Wednesday, February 07, 2024 4:12:19 PM

Post# of 34910
$PLPL has self-proclaimed reversion to SHELL STATUS.

Does it matter? Not as far as I can tell...

From latest FILINGS: https://www.otcmarkets.com/otcapi/company/financial-report/391892/content

On August 1, 2023, there was a recission of the material definitive agreement with ByoPlant: The material definitive agreement, which was initially entered into on May 16, 2023, outlined the terms and conditions for the acquisition of the Company by Good Salt. However, despite diligent efforts and ongoing communications, conditions subsequent to the closing were unmet, and essential considerations were not settled. As a result, Plandai had no choice but to initiate the rescission process. The rescission will render the material definitive agreement null and void, and both
parties will revert to their pre-agreement status.

And

The Company holds no current assets, and holds no other assets, as of December 31, 2023, and June 30, 2023. There was no revenue produced within the period, as entity was acting as a shell for the period. Expenses incurred in period were related to prorated accrued interest on convertible debt.