Replies to post #30620 on Plandai Biotechnology Inc (PLPL)

[Aquahoya]

This is only a guess, but I think Mr. Real Talks spoke about this. The stock would be 50-80 million and would give them enough to acquire companies. How much of it they would use, who knows. But they would be restricted for a year and from what was said, I do not think they would be released until probably post uplist, if they ever are.

[AKATITUS]

Junk stocks do that. H2 jet is a nice future with 100,000 of units sold but anyone following Rick on twitter or LinkedIn can see with all his posts he is going after some type of indoor quality AKA air conditioning partnership for hospitals nursing homes or some type of device that's about 3 feet wide and 3 feet tall for air disinfecting that you can buy at Home Depot or Lows. Pretty obvious by his posts that's his next move. Plus giving me likes when I bring up what they did on cruise ships during covid. They used byoplanet electrostatic sprayers and sprayed the air ventilation to help contain air transmission. That to me looks like a billion dollar market and would take a huge partnership if they go that road instead of the 3 by 3 foot air disinfecting units sold at home depot.

[Kool Aid Man]

Quote: "Have you been in successful investments that had an RS of 5,000-1 or higher? I've never heard of that working out well, but I guess it can happen. Imagine if they did a stock buyback AND did a 5,000-1 RS? The OS could be in the hundreds of thousands. :) But what would the AS be? That's the scary part. I don't really understand why you'd need an insanely low OS. I get that it trades thinner but it feels gimmicky. Just curious your take on all these thoughts - appreciate it. I know they're a bit disjointed.

A 1-for-5,000 (1:5,000) R/S isn't uncommon in OTC as Tad well knows. Some are even much bigger. Here's a stock I followed for years. Check this out:

New Issue=5-93 50,000 shs at $6 by the company
Capital Change=shs decreased by 1 for 50,000 split Pay date=07/30/2008.
Capital Change=shs decreased by 1 for 50,000 split. Ex-date=03/08/2019.

Management of this ticker took a $6 stock and carpet bombed it by the billions. They did a reverse merger and the new owner reverse split the .0001 shares by 50,000 lifting the price to $5. A decade later --and after another reverse merger-- new owners did it again..reverse split .0001 back up to $5. But within a week it was rotting at $0.30 cents... -94% below the previous .0001 value!!!

And each time they (*cough cough*) claimed to have "reduced" the A/S ...but only a fraction of what the O/S was slammed with. The O/S was reduced by 1:50,000... but the A/S only dropped from 12 billion to ONE (1:12) which constituted an obscene increase in the A/S in proportion to the O/S. Each time existing shareholders were utterly destroyed which is the whole point. That stock has changed names and symbols 3 times since I began following it. It now sits at 0.105 with nearly half of their "reduced A/S" issued and outstanding. But if you remove the last R/S that 0.105 is actually 0.0000021 (SEVEN digits).
https://www.otcmarkets.com/stock/SLDX/security

Not that I expect to see such blatant abuse and exploitation here. But in my experience, new owners in OTC typically want to rid themselves of old bagholders and the obligation to split profits with them. How they do it is up to them.

"Share buy backs"? In OTC? IMO it ain't happening at these levels. $1 million today only buys 1.266 billion shares. If it hits .0001 he could buy the entire 8.2 billion O/S for a mere $820k.