Replies to post #26653 on ProText Mobility Inc (TXTM)

[RockyW]

I defer to others but I think the verbiage means TXTM will be absorbed into Plandai to form a new company and it will trade under a new stock symbol, in my opinion. Thanks.

[nickeli54]

January 11th, 2016 - Protext Mobility Inc. (OTCPINK: TXTM) announced that it has completed the acquisition of Plandaí Biotechnology South Africa (PTY) LTD “Plandaí SA”, a wholly owned subsidiary of Plandaí Biotechnology, Inc., publicly traded under the ticker (PLPL). Plandaí SA is a biotechnology firm engaged in the research and development of botanical extracts, such as green tea, aimed at treating metabolic disorders, including diabetes.

[DD_dempsey]

Pursuant to your request, with the inquiry on TXTM

You ask, what is supposed to happen to TXTM oustanding shares?

'It is anticipated that the prior operations and assets of Protext will be liquidated in the coming weeks, leaving Plandaí SA as the surviving operating entity.''

Respectfully, nothing different at this time. They continue to trade as this merger PLPL-South Africa.

Read your post again....The OPERATIONS AND ASSETS will be liquidated. Not the SHARES and REGISTRY. Also note- they filed the proper form 15 and then From12g to RE REFISTER the shares.

The new surviving entity will be PLPL-SA. That's the private subsidiary of PLPL. This sub is located in South Africa and literally WILL BRING Neutriceutical PRODUCTS To market in 2017. One being MMJ - cannabinoids using the WORLD WIDE Owned patented Phytofare absorption system by PLPL-SA.../$TXTM