Palayan Resources, Inc.
PLYN
Other OTC0.00
USD
-NaN
- -
CIK
0001612851
ISIN
US69626Q1013
CUSIP
69626Q101
Return %
Stock
S&P500
1Y
- -
18.21
3Y
-99.87
64.38
5Y
-99.99
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- James E. Jenkins
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 850 Teague Trail Lady Lake FL United States of America 32159
- IPO Date
- Jan 8, 2021
- CIK
- 0001612851
- Website
- palayanresourcesinc.com
- Similar Companies
- Business
- Palayan Resources, Inc. (PLYN) operates as a publicly traded shell company with no significant ongoing operations, focusing on identifying, acquiring, and investing in private companies to leverage its public status for growth opportunities; it previously engaged in the acquisition, exploration, and development of mineral properties, including gold mining claims such as the Palayan Gold Mine in Nueva Ecija, Philippines, and the Kokkus project and Silver Bow property in Nevada through joint ventures. The company provides services as a holding entity pursuing majority or minority investments in revenue-generating targets while retaining management teams; it targets sectors like FinTech for mergers involving digital remittance solutions, multi-currency platforms, blockchain remittances, and global money transfer networks spanning 62 countries. Incorporated in 2013 and headquartered in Lady Lake, Florida, with additional references to Windermere, Florida, Palayan Resources conducts business primarily in the United States while historically exploring assets in the Philippines and Nevada. Recent strategic shifts within the last few years include the 2021 rescission of its joint venture with Provenance Gold Corp to pivot toward private company acquisitions and holding company structure; a 2022 memorandum of understanding and due diligence for an $80 million FinTech merger to consolidate remittance operations as subsidiaries; and enhanced digital presence via consulting agreements for acquisition targeting. The company faces challenges with delinquent SEC filings as of 2025 and unauthorized stock promotions, emphasizing reliance on official communications.
Palayan Resources Denounces Promotional Activity
Palayan Resources Gives Update on Company
Provenance Gold Announces Commencement of Drill Program on Its Silver Bow Gold and Silver Property in Nevada
Palayan Resources Announces Commencement of Drill Program
Provenance Gold Signs Definitive Joint Venture Agreement for the Drilling and Exploration of its Silver Bow Property
Palayan Resources Executes Joint Venture Agreement With Provenance Gold to Jointly Explore and Develop a Gold and Silver Property in Nye County Nevada
Palayan Provides Insight on the Gold Industry