LONDON, UNITED KINGDOM--(Marketwired - Mar 27, 2017) - Plandaí Biotechnology, Inc. (
Mr. Cottrell-Duffield's new duties will include managing the portfolio of companies under the Plandaí umbrella on a day-to-day basis, including overseeing production and sales while coordinating the various research projects and ensuring that the Company's financial reporting and compliance obligations are met.
Callum Cottrell-Duffield, Chief Operating Officer of Plandaí, commented, "It is a tremendous honor to take the reins of the day-to-day operations of Plandaí from a man I deeply respect as a visionary and love as a father. With Plandaí now shifting from a pure research company to operations and sales, it makes sense for Roger to concentrate his efforts in those areas where he is most passionate. As a scientist, he feels he can best serve the company in spearheading our clinical trials and new product development."
Roger Baylis-Duffield added, "Callum has been with the company since its inception. He was the first to set foot on Senteeko, and he spent months clearing brush and living under fairly stringent conditions to make our vision a reality. As we moved into production last year, Callum has led our sales and marketing team with great success. I am confident he will lead the Plandaí group with similar result. I will be turning 74 in a few months, and there is a tremendous amount of research to complete before they will let me retire, so this change at the top is both timely and needed."
Mr. Baylis-Duffield, as Chief Executive Officer, will continue to guide the overall company objectives while also managing the research projects and clinical trials involving the flagship Phytofare® Catechin Complex. These studies include a health and wellness trial for commercial poultry production, and a human study in Mauritius to validate the improvement of hemoglobin and glucose levels in type II diabetics. In addition to these studies, Mr. Baylis-Duffield will be completing the production specifications for a bioavailable complex of citrus bioflavonoids and limonoids, and an additional carotenoid complex recovered from live tomato. Finally, Mr. Baylis-Duffield wants to establish the platform for producing a non-psychoactive cannabinoid complex from live cannabis plants over the coming year.
About Plandaí Biotechnology, Inc.
Plandaí Biotechnology, Inc. and its subsidiaries develop highly phyto-available™ extracts. Plandaí Biotechnology controls every aspect of the process, from growing the green tea on its farms in South Africa, to producing its proprietary Phytofare® catechin extract in-house, allowing the Company to guarantee the continuity of supply as well as quality control throughout the entire process. Targeted industries for the Company's products include beverage, cosmeceutical, wellness, nutriceutical, anti-aging, and pharmaceutical. For more information, please visit http://www.plandaibiotech.com .
Safe Harbor Statement
This release contains forward-looking statements that are based upon current expectations or beliefs, as well as a number of assumptions about future events. Although we believe that the expectations reflected in the forward-looking statements and the assumptions upon which they are based are reasonable, we can give no assurance or guarantee that such expectations and assumptions will prove to have been correct. Forward-looking statements are generally identifiable by the use of words like "may," "will," "should," "could," "expect," "anticipate," "estimate," "believe," "intend," or "project" or the negative of these words or other variations on these words or comparable terminology. The reader is cautioned not to put undue reliance on these forward-looking statements, as these statements are subject to numerous factors and uncertainties, including but not limited to: adverse economic conditions, competition, adverse federal, state and local government regulation, international governmental regulation, inadequate capital, inability to carry out research, development and commercialization plans, loss or retirement of key executives and other specific risks. To the extent that statements in this press release are not strictly historical, including statements as to revenue projections, business strategy, outlook, objectives, future milestones, plans, intentions, goals, future financial conditions, events conditioned on stockholder or other approval, or otherwise as to future events, such statements are forward-looking, and are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. The forward-looking statements contained in this release are subject to certain risks and uncertainties that could cause actual results to differ materially from the statements made. Readers are advised to review our filings with the Securities and Exchange Commission that can be accessed over the Internet at the SEC's website located at http://www.sec.gov .
Hannah Merrill (435) 881-3611 info@plandaibiotechnology.com
