ProText Mobility, Inc. (OTCMKTS: TXTM) is heating up again and breaking out northbound moving up 85% on Friday on $1.6 million in dollar volume. TXTM recently proved itself as one of the biggest runners in small caps moving up over 1000% after the Company announced the long awaited RSAMMD reverse merger when RSA Medical Marijuana Dispensaries RSAMMD™ The more we are learning about RSA Medical Marijuana Dispensaries RSAMMD™ the more interesting it becomes. RSAMMD in Joint Venture with Leeds Boerdery, cultivated hemp and cannabis crops this past season on a combined 1000+ hectares. According to RSAMMD website they produced 35,000 kilograms on 1,000 hectares plot sitting on a 5,000-hectare farm so there is lots of room for expansion. They could also greatly increase their yield per hectare as compared to many Companies that can easily get 1,000 kilos per hectare. Currently trading at a $31 million market valuation TXTM has a lot of room to grow.
RSAMMD run by CEO Dylon Du Plooy has a lot going on behind the scenes and thanks to Dylon Du Plooy we are able to get a glimpse. Mr. Plooy recently stated on twitter: “We Are Establishing The $TXTM Tribal Council Website is Looking Awesome, We Had a Last Minute Thought #TXTMTribe Registration: Contact Details, LOCATION, HUMAN Capital You Adding, SHARES You Own, Price Bought in and Your Pledge to Humanity. Last week Mr. Plooy stated: “So When Roger Spoke of $45 Million Dollars Per Day that Was Years Ago Before Inflation Before Multiple Applications of The Technology For Natural Plant Based Treatments Before #DrJ Came in As The Chairman Of The Commodity Board for Cannabis & All Indigenous Flora We Got Roger to Gather Some Strength to Get Down to Leeds to Run The Test. We Saw First Hand the Technology Was Working before #DrJ Came in As The Chairman Of The Commodity Board for Cannabis & All Indigenous Flora. TXTM has recent highs of $0.0191, a break over and its blue skies ahead.
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What I Meant By Human Capital Is What Each Of The #TXTMTribe Members do For a Living and How you Can Add Value to The Mission
One Of The Members Told Dr J The other day that He Does Robotics if he can Assist With Anything, Hence That's His Human Capital For The Tribe $TXTM
— Dylon Du Plooy (@MrDylonDuPlooy) July 24, 2022
RSA Medical Marijuana Dispensaries RSAMMD™ is a fully licensed health practitioners, qualified to dispense and prescribe medical cannabis in South Africa. The Company offers superior patient care and 100% Indoor and greenhouse grown cannabis ensuring patients receive clean, safe, and pure medical cannabis products. RSAMMD has 2 commerical licenses, 1 dispensing, importation & prescription license, 2 permits, 1 seed bank cultivar and with an annual production of 35,000 kilograms per year.
On June 13 (reverse merger) Republic of South Africa Medical Marijuana Dispensaries Acquisitions LLC (“RSAMMDA.LLC”) announced it has closed on the acquisition of Protext Mobility, Inc (OTC PINK: TXTM) (A.K.A. Protext Pharma) in a share exchange whereby 100% of capital stock in RSAMMDA.LLC will be exchanged for Preferred Stock in Protext. RSAMMDA.LLC. is a jointly owned company focused on acquistions with two principals, Mr. Dylon Du Plooy and Dr. Ahmed Jamaloodeen (“Dr. J”) who represent the South African business entities of RSAMMD and Leeds Boerdery. RSAMMD is a South African pioneer in the research, cultivation, production and distribution of medical cannabis and cannabinoids. Leeds Boerdery, controlled by Dr. J, owns the 5000 Hectacre New Castle Farm as well as federally issued cannabis and hemp licenses issued by the Government of South Africa. RSAMMD management have taken over the daily operations of Protext headed by Mr. Du Plooy as CEO and Director, and Dr. Jamaloodeen as President and Chairman of the Board.
Happy Saturday #TXTMTribe
Dr J is Going to Be Presenting
The Mission at the Largest Cannabis Expo in Africa Today
I Convinced Dr H to Do A Live Session on My Instagram @TeamCannabisSouthAfrica So You Can All Catch TaTa Laying it Down at 14:30pm SA Time
Simunye We Are One❤️ pic.twitter.com/7oQ8PAUEPE
— Dylon Du Plooy (@MrDylonDuPlooy) July 23, 2022
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Mr. Dylon Du Plooy, Protext CEO and Principal of RSAMMD.LLC, commented at the time, “This transaction has been a long time in the making. For the past couple years we have been focused on building our operations in South Africa and globally, where have built an extensive infrastructure and global cannabis/hemp business. During this period of time, we have invested heavily in building a significant cannabis/hemp operation to facilitate complete seed to sale, R&D, global off-take agreements for end product as well as all the extraction infrastructure needed to create what we believe to be some of the highest quality hemp and cannabis on the planet. In South Africa right now, we have just completed our semi-annual grow. RSAMMD in Joint Venture with Leeds Boerdery, cultivated hemp and cannabis crops this past season on a combined 1000+ hectacres. All of this is done under federally issued permits and licenses to grow, import/export hemp and cannabis, as well as research permits for conducting testing of final products for human consumption and medicinal benefits. Over the coming days and weeks, we will be sharing our immediate term road map and long-term plans we are developing for Protext which should translate into increasing shareholder value. These plans include adding other valuable assets to the company which complement the core business, and executing on commercializing the proprietary live plant extraction technology as well as deploying our crypto platform, with a TXTM token which we are excited to rollout very soon.”
So What Are We Missing ???
We Just Have To Convince #DrJ for a JV with Leeds
Everyday I Get Closer To It For the #TXTMTribe & Someone Says the Wrong Thing to Him
Show Him Love and Random Acts of Kindness
The Money is Going to Come Anyway but that's Not Our Motivation
Part 7 pic.twitter.com/upaGNi3YpF
— Dylon Du Plooy (@MrDylonDuPlooy) July 22, 2022
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Currently trading at a $60 million market valuation TXTM is the perfect RM runner with a far better share structure than HMBL/TSNP did by far and it’s got power TXTM traded $1.6 million in dollar volume on Friday alone. The more we are learning about RSA Medical Marijuana Dispensaries RSAMMD™ the more interesting and exciting it becomes. RSAMMD in Joint Venture with Leeds Boerdery, cultivated hemp and cannabis crops this past season on a combined 1000+ hectares. According to RSAMMD website they produced 35,000 kilograms on 1,000 hectares plot sitting on a 5,000-hectare farm so there is lots of room for expansion. 35,000kg at USD $2,450 per kilo based on $1,114 bulk price per pound of cannabis RSAMMD current annual production is worth $85,750,000. The Company could see a 5-fold increase in production on the farm they are currently on. They could also greatly increase their yield per hectare as compared to many Companies that can easily get 1,000 kilos per hectare. RSAMMD CEO Mr. Du Plooy said that the Company will be updating shareholders in the coming days and sharing its immediate term road map and long-term plans it is developing for Protext which should translate into increasing shareholder value. These plans include adding other valuable assets to the company which complement the core business, and executing on commercializing the proprietary live plant extraction technology as well as deploying the crypto platform, with a TXTM token. Microcapdaily will be covering RSAMMD as it happens so make sure you subscribe to Microcapdaily right now so you don’t miss it.
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Disclosure: we hold no position in TXTM either long or short and we have not been compensated for this article.