Replies to post #20671 on Plandai Biotechnology Inc (PLPL)

[Hitchox]

That's why I hired him lol jk

[marylandstockguy]

I also don’t see any mention of the cancellation of the SEC fine here, or that Tad wasn’t CEO 10 years ago, or that their financials didn’t look the way they did in the report released July 5, that this may not be your typical LOI based on EV Hotels enthusiasm, and so on. Your point is dead on - it may not be the same ticker it was back then. It could have a big run. Tesoro was mentioned- it was at no bid and then everything changed. Who knows?

All this isn’t to say this can’t fail - it certainly could. But simply put, it’s just more bullying “give me your lunch money punk” scare tactics IMO. If this rises back to .0011/2 or somewhere like that, we might see more reinforcements called in here to say this is a fraud. We’ll see.

[Kool Aid Man]

So "new management" means past actions don't matter? Is that how it works? All debts and obligations just magically vanish?

The previous President/CEO ROGER BAYLIS-DUFFIELD and son CALLUM BAYLIS-DUFFIELD had a long and dubious history of using this ticker to flog various scams with insane claims of curing cancer, malaria, HIV and whatever ails ya. Here's a tiny sampling: https://www.seattletimes.com/business/green-tea-firm-raises-red-flags/.

https://seekingalpha.com/article/1670182-plandai-biotechnology-avoid-this-green-tea-fantasy

https://www.secactions.com/sec-charges-company-ceo-with-illegal-stock-sales-to-three-investors/

Actors like this typically skip from one grandiose pie-in-the-sky fairy tale. And along the way they invariably leave a trail of landmines that have to be unearthed and disposed of. If not the next owner of the ticker inherits them.

If indeed a "reputable new auditor" gives this old shell a clean bill of health then it's up to the EV Hotel dudes to decide if they want to take over and make good on all the hype. But in the mean time---

On 3/31/2018 Roger Duffield assured investors the share structure was 500 million authorized with 363 million issued and outstanding. That was the last report he filed before slithering down his hidey-hole..

Fast forward, the next disclosure was an "Annual Report" for the year ended June 30, 2021." In it "acting CEO" Tad Mailander has been blowing the O/S sky high. In alone Q4 2021 he the 33 million O/S from 3 years before had exploded to nearly 4 BILLION (3,937,908,168) as of 3/31/21. Worse still, he burned thru another 1 billion in 90 days (4,962,872,558). The runaway dilution continues and now sits at 7.43 Billion. That's a +1,923% increase in the O/S since 2018..
or +86.5% since started Tad reporting. Seems like a lotta shares hitting the O/S despite there being no business activity. Any guess why?

Anyone care to update me on the status of EMA FINANCIAL LLC (2017-2022), BLACK MOUNTAIN EQUITIES LLC (aka Duffield? 2018), ADAR BAYS LLC? I also notice there was a new motion filed Wednesday (10/13/22) in the case of DarkPulse, Inc. v. EMA Financial, LLC et al. which began Jan 4, 2022. https://www.pacermonitor.com/public/case/43149033/DarkPulse,_Inc_v_EMA_Financial,_LLC_et_al

Here's the complaint. I doesn't directly affect PLPL but, rather, shows the sort of landmines that old managements buried that have to be dealt with. https://darkpulse.com/wp-content/uploads/2022/01/DPLS-v-EMA-001-Complaint.pdf

https://www.globenewswire.com/en/news-release/2022/01/03/2360083/0/en/DARKPULSE-INC-OTC-DPLS-Files-a-Complaint-in-the-United-States-District-Court-for-the-Southern-District-of-New-York-Against-Convertible-Note-Funder-to-Return-38-825-725-00-in-Unlawf.html

Look at the last disclosure and try to add up the shares issued to pay down the debts owed to these toxic financier parasites. This fairly well explains why billions of shares had to be issued and given to those toxic parasites. Look at all the conversions ADAR BAYS and EMMA FINANCIAL received to pay off a relatively tiny amount of cash apparently pocketed by Duffield years ago.

The "debt conversion" happened on 5/10/2022. It consisted of 200 million shares issued at a sweet discount of $0.00015. that went to "Pinnacle Consulting Services Inc (Robert Hymers III). Pinnacle apparently has a history of debt conversion as well. Not sure if it's due to an investment, for services rendered, or how much the original debt was.

Welp...enough of my priceless DD. I'll peek in once in a while to see how fat and rich everyone is. I've got other moles to whack. For now, I leave you with the sage advice of really, genuinely rich friend and businessman.

"ASSUME THEY'RE SCUM UNTIL PROVEN OTHERWISE!"

Cheers