Replies to post #16578 on Plandai Biotechnology Inc (PLPL)

[Truenorth2016]

Certain parts of the PR's are interesting:
"For the past two years, the Company has worked diligently to resolve its legacy financial burdens in order to move forward for the benefit of its shareholders."

And lastly, this:
"the U.S. Securities and Exchange Commission canceled civil penalties and interest totaling approximately $200,000"

These guys are dusting themselves off and moving forward, aiming for a massive fresh start and it looks like they are about to get it big time. They went quiet for 2 whole years until they had something to say in which their first PR since 2018 was the cancellation of Legacy Debt in Dec 2021. They cleared over 7 Million Dollars in debt and only filled one position in the company with one employee and that is the current CEO who is just an Interim and he knows it. He seems to understand he was brought in just to clean the ticker, find a merger partner and work closely with them to ensure a flawless merger transition.

[Truenorth2016]

"This part of the PR should not be overlooked........."action against the Company and its former Chairman of the Board and CEO, Mr. Roger Duffield".

They know the SEC is watching and to prove to the SEC they have moved beyond that 2018 leadership disaster they are about to bring in First Class, 5 Star Leadership on the Board!!! You can best believe that Chairman of the Board going to have a top notch resume and he will be well connected and those directors and advisors as well.