Plandai Biotechnology Inc (PLPL)

[tomatotom]

Plandai will end up being one of the biggest employers in South Africa and a favorite of the government. They are putting unused tea plantations back into production employing thousands of underemployed blacks. That is the reason they get favorable loans and sweetheart deals on abandoned property.

As far as the current trading is concerned, everything is speculation at this point. We'll know a lot more later this year. In the meantime, my recommendation is to take whatever position you want, and wait for events to catch up.

My own basis is at $.37, and I am holding for the long term. I would consider averaging up if the dips continue. I was interested in this company because of the potential of the extracts of green tea, lemon, and tomato. For me, the marijuana is more of a bonus.