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I see that..... I dont know what is going on as I dont see any news.
PPCB does have a reverse split filed and approved that can happen any day now and its gonna be the biggest one yet of 1 for 10,000 or 1 for 100,000. Why a reverse split so big I dont know but I will be getting into PPCB again in the near future.
An "investor*" recently purchased an 8% $33,000 face convertible note for $30,000. That's right, right out of the gate, there's a 10% gain for the "investor". The note is immediately convertible at 0.0003, but wait! it gets better (or worse from ppcb common holders' perspective). If shares trade below 0.0003 for five consecutive days, the note may be converted at 0.0001. This why you guys will continue to lose--because of the dilution and toxic financing. Wake up ladies!
I tried to warn you guys! There's a reason why this company cannot get any credible investor backing despite Wall Street and Silicon Valley practically begging early stage companies to take their money. This company is and has always been a scam regardless of what paid pumpers like SmallCapStockAlert aka Richard Cavalli has to say. Also, I would be remiss if I did not remind SmallCapStockAlert that it is a federal crime to pump a stock without disclosing that you were paid to do so.
how many zeros are going to be removed from that after the reverse split??? it may happen any day now since the 20 day waiting period is pretty much done!!
Just checking in on your pump of PPCB........ In my opinion your timing was off, you started pumping when a 1 for 10,000 or 1 for 100,000 reverse split was filed (or somewhere in between).
the reverse split will happen unless its cancelled. It will be 1 for 10,000 or 1 for 100,000 (or somewhere in-between), its in black and white on the DEF 14C:
Execute a reverse stock split of the Company’s issued and outstanding shares of Common Stock at a ratio somewhere between one post-split share per ten thousand pre-split shares (1:10,000) and one post-split share per one hundred thousand pre-split shares (1:100,000) (the “Reverse Stock Split”).
Why is this reverse split the biggest one yet, that is my question. It could be several reasons and PPCB used to have OTCQB status a few years ago. Maybe they are trying to "regain" that status since they are still audited by a PCAOB Auditor (as of last 10-K).
All companies dilute and that does not stop them from succeeding. And many huge companies had to reverse split many times before succeeding. The fact is that early investors got rich. Of course there is risk, but if PRP succeeds, early investors will get very rich. VERY!
I gotta ask, if they do a 1 - 10,000 or 1 - 100,000 split with only roughly a little over half a billion shares (557 million and change) that would only leave them with 55 THOUSAND shares at the 1 -10,000 split and only 5 THOUSAND (and change) at the 1 - 100,000 split. WHY?? Personal idea, scare tactic, don't think it will be anywhere near that...if any at all! Cheers everyone!
or after the 20 days..... the last reverse split (DEF 14C) was filed on 10-5-2022 but the reverse split didnt happen until 5-23-2023. I believe they have up to one year from the DEF 14C filing.
Yes, you still have some time to buy with ~ 557 million shares Outstanding (as of 8-9-2024).
Market cap is all that counts. Many successful giant companies have done reverse splits. PPCB market cap is under $300k and the market they are entering is over $200 billion and skyrocketing. The buzz on the NIH site about Propanc PRP is off the charts. Clearly a very important breakthrough in the making. If they are wrong, a small investment is not terminal . . . if they are right, a small investment can make you vey rich. https://richardacavalli.wixsite.com/greenplanetmicrocaps/chemo-breakthrough
So based on this statement, It will be effective on or about Sep 11th. I got some time to buy some more shares.
The Reverse Stock Split, as approved by the Written Consent, will not become effective until 20 calendar days after the accompanying Information Statement is first mailed or otherwise delivered to the Shareholders. We expect to mail the accompanying Information Statement to the Shareholders on or about August 22, 2024.
its going to be PPCB's biggest reverse split yet and I highly believe there is a good reason for it that we dont know about yet..... if I wasn't all in on a different ticker I would think about buying PPCB now.
PPCB is always worth the quick gamble (imo) but since I was caught in the last reverse split by holding long I only hold for a few days now.
If, and its a big if, First in Human trials ever start PPCB will go up and stay up for a while (imo).
you might get cash or 1 share instead of the partial share. You would not get a partial share. After fees of the reverse split, which TDA charged me twenty something dollars on PPCB a while back, you will probably owe money.
If you read the DEF 14C it says:
Except for adjustments that may result from the treatment of fractional shares, which will be rounded up to the nearest whole number, each shareholder will beneficially hold the same percentage of Common Stock immediately following the Reverse Stock Split as such shareholder held immediately prior to the Reverse Stock Split.
Got a question for you veteran traders. I got 6000 shares. Hypothetically, we get 1 for 10K RS, I'd have less than one share. Regardless of RS size, would it round to one share? Not sure how that works with less shares than the RS amount. Thanks, Curt
Richard Cavalli aka SmallCapStockAlert is an old man with no retirement savings who has to resort to pumping fraudulent companies for a living. He also has a low IQ as he believes that we should ignore the 5 reverse splits in 7 years.
I hope Richard Cavalli aka SmallCapStockAlert knows that he can be sued for pumping a stock and not disclosing to the forum that he's being paid by the company! It's also obvious that SmallCapStockAlert has no equity in this company as he's only interested in pumping the stock as part of his payment for the article he's been posting across the internet. Fortunately, thanks to SEO, Richard Cavalli aka Kingofpennystock will be associated with FRAUD and SCAMMING.
PPCB has progressed since the last 4 rs's in the last 7 years, which will be 5 rs's coming up (your statement is very misleading). PPCB already submitted the paperwork to do another reverse split of 1 for 10,000 or 1 for 100,000.
Did you read the article you linked to? ie. THE FINE PRINT:
The article you linked to specifically states:
Therefore, we cannot assure you that the information is accurate or complete.
Yet you claim a certain few posters are not to be believed?
The article you linked to specifically states:
Green Planet Microcaps was compensated for this article
One more thing, the kick in the crotch (balls) for you: If market cap is so low and the price is right why dont you put all of your money into PPCB and become a gazillionaire if/when PPCB ever does make it to First in Human Trials? lolololol
Some newby investors can really be obnoxious: Most readers are smart enough to know that fudsters like marcobitch2000 are very inexperienced, ignorant and uninformed. His entire vocabulary is limited to reverse splits, dilution, scam, fraud and meaningless trash talk. Serious investors can see the thoroughness and validity of authenticate sources validating this compelling story about what is about to be a major discovery in cancer treatment. Everything in the following article has been vetted and linked for sourcing unlike the ignorant trash talk from marcovich2000 and few other very obvious fudsters that are just wasting their time because nobody will waste one second reading the garbage they spew.
PPCB has progressed enormously since the rs of the past 7 years.
Dr Kenyon had nothing to do with propanes pro drug. his issues were that he was trying to help a patient with cannabis therapeutics that are very credible and in clinical trials today. There is absolutely no connection.
Here is Richard Cavalli aka SmallCapStockAlert's posting history on Stockwits.com, another investor forum, where he uses the alias RRCORNER. Notice how he is posting his own paid articles pumping there as well:
You are welcome.... I knew from PR's there were other doctors working with PPCB. Ive been following PPCB for a while so I know enough about it. You did pull up that information about Kenyon that I didnt know, thank you!
There is work going on with the treatment behind the scenes and has been for a while. Will it ever commence First in Human Trials is the question that needs to be asked!
PPCB is a gamble, roll the dice and hope you hit.
Keep doing what you are doing. You will help someone (if you havent already) from making a mistake by listening to someone that is paid to promote a stock.
Anyone who buys this stock is only being "used" to provide liquidity for when the note holders sell their heavily discounted shares after Propanc intentionally defaults on their debt payments. The same racket over and over again.
I appreciate that RMS555. And by the way, ever since that paid Propanc fluff article was released, SmallCapStockAlert has been making his rounds on various online forums posting the article and pumping the stock, which leads me to believe that the pumper and the author are one in the same: Richard Cavalli aka King of Penny Stocks https://kingofpennystock.com/
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