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Kool Aid Man

05/13/23 1:24 PM

#29274 RE: ramalio #29273

When there's something to cheer about I'll admit it. However, PLPL's CEO/ attorney has announced TWO (2) merger schemes in less than a year and both collapsed in failure.

Mind you, Tad Mailander is an experienced penny stock player who has been involved with this ticker since at least 2016. He was around when the SEC sued, fined and permanently barred the crooked CEO he worked for. Despite all that, he STILL only recently revealed that at least one member of the Duffield family was still holding interest in this ticker as well as others who were deemed to be "problematic." Yet investors were told it was all cleaned up and audited as of last summer.

On 3/9/23 Tad announced PLPL was "no longer a shell" and explained his reasoning
https://www.otcmarkets.com/otcapi/company/financial-report/361195/content

OTC removed the "shell" warning only to replace it with a "shell risk."
https://www.otcmarkets.com/glossary#shell-risk

Two months (65 days) later it's still there with no update from the CEO. So there's that.
Bearish
Bearish

Due Diligence Virtuoso

05/13/23 1:25 PM

#29276 RE: ramalio #29273

Yes same sort of stuff. Remember when there is lots of money to be made your going to see a lot of greed and ugly show up. Essentially Billions of dollars has been flushed out of the OTC markets and we sit at multi year bottom levels. Who is buying up the inventory? BROKE RETAIL? haha Well probably not since 95% plus of them have been flushed out over the past 24 months.. It is just math. Not like PLPL has some death spiral Convertibles where the Lender will force some RS.. That is what will usually happen at the end of the Pump Cycle btw.
Bullish
Bullish