Replies to post #31882 on Plandai Biotechnology Inc (PLPL)

[marylandstockguy]

On some level, I think there's that acknowledgement, and maybe that's why the argument is made that the deal will fall through. A doubter would say the company is fine, but they don't like Plandai's share structure, ByoPlanet will walk on the deal, find another shell and so on. That's one argument we're hearing. The other is that there will be a massive RS at these levels or lower. IMO they're both planted seeds in the minds of people with shares to instill doubt. I get it, I'm not reinventing the wheel, we're all aware of this, but this is most effective in OTC world.

Long story short, I think everyone knows this company can be profitable in the long run. If they do succeed, I'll be curious as to why they succeeded and Victory Innovations failed? Would it be because they had a superior product, or did they market better? Can they get some of Victory Innovations' client base, which they aspire for in that Linked In post?

I just saw their latest post about Michigan advising pet owners to keep their pets inside because of the residual effects of the Canadian wildfires. I have two indoor cats - no problems here in Maryland when we get hit. What are people with dogs in Canada or Michigan doing? That has to be extremely difficult.

[Kool Aid Man]

On 5/17/23 a disclosure was uploaded to OTC entitled "SUPPLEMENTAL INFORMATION AND DISCLOSURE STATEMENT" wherein Rick announced that "Tad Mailander resigned as director, president, secretary, and treasurer of the Corporation and concurrently appointed Rick O'Shea as director, president, secretary, and treasurer of the Corporation." It is signed by Rick as "President, Principal Executive Officer."
https://www.otcmarkets.com/otcapi/company/financial-report/371237/content

IF TRUE then it follows that RICK --thru his silence and inaction-- must be responsible for the implosion of the stock to .0003, correct? The OTC page has not been updated to reflect any change and the "shell risk" warning still flashing.
https://www.otcmarkets.com/stock/PLPL/profile

Worth noting that on the two days following the announcement on 5/17/23 PR's were posted on OTC "News." The first stated "Plandai is proud to state that all the contingencies required for closing have been satisfied" (but didn't say it HAD closed) and that "as a result of the share exchange, all of ByoPlanet's assets have been rolled up into Plandai, thereby transforming Plandai into a fully operational company that is no longer a shell." https://www.otcmarkets.com/stock/PLPL/news/Following-Completed-Share-Exchange-Agreement-with-ByoPlanet-Plandai-Announces-Material-Rebranding-to-Disinfectant-Indust?id=401374 True enough...PLPL was "upgraded" from "Shell" to "Shell Risk" by OTC. Apparently they're waiting for official disclosures to remove that warning. The 2nd "News" release on OTC (5/19/23) was about the "one-year distribution agreement with Merck."

IF this merger has been completed and approved then I would welcome seeing proof. Until then one has to assume this is the same PLPL still run solely by Roger Duffield's longtime lawyer Tad Mailander.

"This isn't a target rich ticker for bashers. Pretty hard to call a company that been in business for a dozen years, has millions in assets and revenue, business deals with major companies, a scam. And even the CEO has no scam history as well. The couple of pikers here will be out of business when FINRA acts, and the share reductions start."

[TerraRyzing]

I'm with you, but I'm tired of seeing it.

And there really isn't much to bash

PRESENTLY

[DayofReckoning]

Amen to that .. PLPL