Replies to post #33826 on Plandai Biotechnology Inc (PLPL)

[Due Diligence Virtuoso]

Not sure why your comparing PLPL to Rennova health which is a Multiple Reverse Split offender. Just keeping it real. In fact no one knows enough on this board to talk anything negative on this merger. You would first need to absolutely figure out what is merging in first. In terms of the Share Structure new management owns 80% of the O/S.. Those shares are LOCKED UP.. The Float remains the same. The only thing which changes is old shareholders have a Merger.. And lets hope it is a nice one!

[ScottishTexan]

Absolutely. All eggs in one basket is never good. They have been making good progress on their financials and hoping for good things.