Replies to post #23282 on Plandai Biotechnology Inc (PLPL)

[Hercules1]

and add to that 11 more locations in 2023.

global expansion: franchising.

this is a big time story unfolding here.

Ken Patel wanted to take his revolutionary company public and he made it happen.



so for those uninformed and the generally cognitively challenged, there is no speculation here:


this merger is closed.

done deal.

Ken Patel did it.


prepare to chase this to .05 and more.

[Kool Aid Man]

"Why experts expect Phoenix hotels to surpass pre-pandemic levels" (Sept 26, 2022)--

"Occupancy is expected to increase 9.9 percent in 2022 to 67.9 percent, up from the previous 2022 forecast of 64.9 percent. Occupancy is also expected to approach pre-pandemic levels in 2023 with a 3.6 percent increase to 70.3 percent..."
https://azbigmedia.com/business/why-experts-expect-phoenix-hotels-to-surpass-pre-pandemic-levels/

So when calculating revenues from EV Hotel one might do well to allow for 30% of the rooms to be empty on average. I'm not sure it occupancy rates are more or less at premium/ luxury hotels or if their profit margins are greater or not. Of course the entire hospitality and travel industry was devastated by the pandemic so there's always that risk.

I guess the only way to know is to slap it up and see.