Where do you see PLPL buying this shell? News clearly states PlandaA SA, a company, as you know is the subsidiary of Plandai aka $PLPL.
I m curious as to what will happen with shareholders of TXTM as the NEWS clearly states "liquidating" operations and assets leaving PlandaA SA the only operational successor of the merger.
Roger Baylis-Duffield, Chief Executive Officer of Plandaí, commented, "This strategic moves allows us to separate the research component of our business into a separate, self-funding entity, freeing up Plandaí to focus on Phytofare® manufacture and sales. Plandaí SA will operate with distinct management concentrating on pharmaceutical applications and obtaining drug and structure-function claims. Where Plandaí produces and sells an ingredient to the nutraceutical industry, Plandaí SA will produce a finished product targeting a specific application, such as managing glucose levels in diabetics."