Plandai Biotechnology Inc (PLPL)

[price_and_volume]

Anybody read thru the filing?

Clean financials, but NO INFORMATION on why its not a SHELL.

Notes (page 18) are not updated to latest business-model, whatever that is.

Insiders hold 73% of the ridiculous O/S, so even if/when they R/S their percentage ownership will remain.

Looking forward to:

1. ANY business update - wtf do these guys intend to do w/ this?

2. File for the R/S already - A/S doesn't necessarily get split (but they could & should reduce it...) so there will be plenty room for issuance if needed.