Plandai Biotechnology Inc (PLPL)

[tomatotom]

For those who haven't done any DD, you have to realize this is a raw start-up company. In other words, this isn't the ground floor, this is the basement. You can play this for some short term gains but I am in for a long ride.

I expect they are short of money and wouldn't be surprised if they do a private placement next week to take advantage of the price rise. Expect dips in the price but also know they are not just a marijuana company. So far, they have identified three multi-billion dollar markets that they can enter: green tea extracts, lemon extracts (cold products, etc) and marijuana. I expect them to have products for all three of these markets this year. The revenue and profits will be substantial but not immediate.

Expect a wild ride with big share price moves.