STOCK TITAN

PLANDAI BIOTECHNOLOGY INC - PLPL STOCK NEWS

Welcome to our dedicated page for PLANDAI BIOTECHNOLOGY news (Ticker: PLPL), a resource for investors and traders seeking the latest updates and insights on PLANDAI BIOTECHNOLOGY stock.

Plandai Biotechnology, Inc. focuses on the production of proprietary botanical extracts for the nutraceutical and pharmaceutical industries. They are developing Phytofare Catechin Complex, a botanical extract from green tea harvested in South Africa, as well as Phytofare Citrus Complex, citrus extract, tomato fruit extract, Artemisia, and cannabis. The company also sells timber and agricultural products from their South African holdings. Based in London, UK.

Rhea-AI Summary
Plandai Biotechnology, Inc. announces the rescission of a material definitive agreement with Good Salt, LLC due to the failure of consideration. The agreement, initially entered into on May 16, 2023, outlined the terms for the acquisition of the Company. Plandai will evaluate its options moving forward and exploring alternative opportunities for growth and expansion.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-10%
Tags
none
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
11.11%
Tags
partnership
-
Rhea-AI Summary
ByoPlanet, a subsidiary of Plandai Biotechnology, has established a one-year distribution agreement with Merck Animal Health to distribute Merck's Armatrex antimicrobial solution in the animal health market. The partnership aims to provide customers with advanced antimicrobial solutions and leverage the strengths of both companies. Armatrex offers a comprehensive solution to combat harmful pathogens and protect animals from diseases. ByoPlanet will be responsible for distribution and marketing, while Merck Animal Health brings its reputation for excellence in animal health.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
12.5%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
14.29%
Tags
none
-
Rhea-AI Summary
Plandai Biotechnology, Inc. announces the completion of a share exchange agreement with ByoPlanet. ByoPlanet will become a wholly-owned subsidiary of PLPL. Rick O'Shea, CEO of ByoPlanet, will become CEO of Plandai.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
40%
Tags
none
-
Rhea-AI Summary

Plandai Biotechnology, Inc. (OTC PINK:PLPL) has announced a binding memorandum of understanding to acquire Good Salt, LLC, which includes the assets and operations of ByoPlanet International and Clean Republic. ByoPlanet specializes in electrostatic cleaning technology that improves disinfection efficiency and reduces chemical usage. This acquisition aligns with Plandai's new strategic direction, focusing on health technology innovation. Additionally, Plandai is preparing for a potential up listing, having completed audits for its fiscal years ending June 30, 2022, and June 30, 2021. The company plans to change its name to ByoPlanet, Inc. and seek a new trading symbol, pending regulatory approval.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
40%
Tags
none
Rhea-AI Summary

Plandai Biotechnology, Inc. (OTC: PLPL) has terminated its asset acquisition agreement with EV Hotel Corp. without incurring any penalties. This decision was mutually agreed upon by both parties. Additionally, the Company has completed a two-year independent audit of its financial statements, which will inform future disclosures and ongoing merger efforts. Plandai seeks to generate shareholder value by merging with entities offering growth opportunities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
33.33%
Tags

FAQ

What is the current stock price of PLANDAI BIOTECHNOLOGY (PLPL)?

The current stock price of PLANDAI BIOTECHNOLOGY (PLPL) is $0.0005 as of April 16, 2024.

What is the market cap of PLANDAI BIOTECHNOLOGY (PLPL)?

The market cap of PLANDAI BIOTECHNOLOGY (PLPL) is approximately 236.9K.

What is Plandai Biotechnology, Inc. focused on?

Plandai focuses on producing proprietary botanical extracts for the nutraceutical and pharmaceutical industries.

Where does Plandai source its green tea for Phytofare Catechin Complex?

Plandai sources its green tea from the Senteeko Tea Estate in Mpumalanga, South Africa.

What are some of the botanical extracts Plandai is developing?

Plandai is developing Phytofare Catechin Complex, Phytofare Citrus Complex, tomato fruit extract, Artemisia extract, and cannabis extract.

What other products does Plandai offer besides botanical extracts?

Plandai also produces and sells timber and agricultural products from their farm and tea estate holdings in South Africa.

Where is Plandai Biotechnology, Inc. based?

Plandai Biotechnology, Inc. is based in London, United Kingdom.

What recent announcement did Plandai make?

Plandai announced the rescission of a material definitive agreement with Good Salt, LLC due to the material failure of consideration in the transaction.

Who approved the rescission of the agreement?

The decision to rescind the agreement was approved by both a majority of Plandai shareholders eligible to vote and the board of directors.

What is Plandai exploring after the rescission of the agreement?

Plandai will evaluate its options moving forward and explore alternative opportunities for growth and expansion.

How can I contact Plandai Biotechnology, Inc.?

You can contact Plandai at plandai@protonmail.com.

What is the focus of Plandai Biotechnology, Inc.'s products?

The focus of Plandai's products is on proprietary botanical extracts for the nutraceutical and pharmaceutical industries.

PLANDAI BIOTECHNOLOGY INC

OTC:PLPL

PLPL Rankings

PLPL Stock Data

236.87k
Shell Companies
Financial Services
Link
United States of America
London