Replies to post #8928 on Plandai Biotechnology Inc (PLPL)

[xZx]

PLPL weekly

looking at this weekly chart, i'd say the drop in pps is just a typical correction (profit taking) after a huge run-up. buyers in 2013 have made a killing here.

[xZx]

PLPL daily

looks pretty healthy imo. pullbacks on low volume are bullish.

[tomatotom]

To the question about where are the revenues.

This is an early stage start-up. During the last quarter, the final steps were taken to build their processing plant. The current quarter will see the first products rolling out and sales commencing. IMO, the revenues will ramp up throughout this year.

The first revenues will come from the green tea and lemon extracts they create from the harvests on their own plantation in South Africa. Products from marijuana extracts will be later and the processing for that will probably be done in Washington state. Sales agreements are already in place with distributors in Europe, North America and South Africa.

[Aston Martin]

A start-up is a start-up. Those who are looking for non-risk revenues making companies from the very beginning of their existence - please contact me, I am looking for such listed companies since 16 years !