PharmaCyte Biotech Inc (PMCB)

[lottotix]

Phone call with Martin Schmeig, CEO- NVLX

I spoke with Martin and here is what he told me:

The delay on the Q is due to the reaudit of 3 years of fins, necessitated by the disbarrment (by SEC) of the prior auditor. He stated that does NOT mean there is anything wrong with the books, but all 3 years have to be redone and that could not be accomplished by today. He reiterated they WILL re-apply for OTCBB status as soon as the Q is filed, which he feels could be as soon as one week from today.


Now IMHO, this is THE reason you have not heard more about the merger/ new Co./ going green. It CANT HAPPEN until this 3 year audit is done and if you want to know one of my secrets, this is exactly why i have added at sub penny prices. I believe the merger is still on but they have to hold it and be quiet on it until the audit is satisfactorily resolved. PS did you see 100k buy at ask after the 8k was released (then close HOD)? hehe