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The company does not show letters from the FDA. It has been asked already. Lets hope we hear about the hold this week.
I love Apple at these levels. IMHO. Jerry, More pike than Musky but I do fly from home to Canada to chase Muskies. I have a no fee membership and cannot pm. I need to upgrade membership, I am cheap,LOL.
I own it. I am buying more Livendi. Apple is a must for me. Hold a core position and trade on top of that.
Well said. That is a very level headed response saying we should convert to solar in a way that does not destroy fossil fuel jobs immediately.
If we want to remain energy independent then we need to secure our solar future.
Fossil fuels are yesterday. Solar is the future. The transition is now.
Trump wins and the entire market gets a bump.
Biden wins and only certain industries get a bump. Like Solar, EV's, Weed, just to name a few.
I have no idea why we were put on hold. I was just posting the most likely reasons for the hold. We will see soon.
I found this info interesting. I am sure it has already been posted.
"Once the IND is submitted, the clock starts ticking and the FDA has 30 days to comment. Following a review process, the FDA will either approve the IND indicating the product is “safe to proceed”, thus allowing the product to be used as an investigational drug or biologic, or a “clinical hold” will be placed on the IND application to delay or suspend the proposed clinical investigation. The sponsor is given an opportunity to address the issues cited in the clinical hold and the process then starts over again. Even a technical problem in submitting the IND can trigger a clinical hold and cause a significant delay in getting a product to market. "
The article then expounds on the most common reasons IND's are put on hold. Very educational.
Check out reason number 5. "Including massive amounts of data and assuming it is self-explanatory slows down the review process. " Hopefully this is the reason for the hold,lol.
https://criterionedge.com/common-problems-to-avoid-with-ind-applications-for-new-drugs-and-biologics/
Efood, What trial?
I didn't think they used charging stations. They swap the battery out. So you are right.
There are so many good investments out there. PMCB is not one of them.
I feel duped for sure.
I said all along not to invest more than you can afford to loose. I didn't and I am thankful.
I am looking forward to finding out what the HOLD is for.
We did not get rejected so that means they can keep the salaries going. Maybe they will give themselves another raise.
As I said, opportunities abound elsewhere.
This stock is not going anywhere when and if the hold is lifted. If it goes to 6 cents I will double my investment with the few shares I have left. I am with Grateful on this one. Because of the lack of credibility this only moves after a trial success.
Wow Efood, that is a reach. The most credible exec is the problem and the reason for the hold.
The hold has to do with the IND, not an individual. It's the information in the IND that is in question.
Yes, Pete has been right a lot.
Thats a nice snag. I got in at 28 and I am sure I will be happy in a few years. Just not as happy as her.
Understood maynerd Thanks.
So, PMCB is sub penny.
We are completely diluted
We have a low energy group of aging execs padding their portfolios with our cash.
We are on hold with the FDA for a phase 2b trial for LAPC.
My synopsis, others may be different.
You know whats going to be huge ....SOLAR. You know whats polluting our environment.... gas powered automobiles. You know who is on top of both of those things TESLA
Boston, one mans article without peer review is just a single opinion. Does not mean much to me. I could find cockeyed theories and post them. I am not saying his theory is cockeyed. I am saying that it would hold weight if it was written in a peer reviewed scientific journal. Otherwise...Meh
Livendi I think the most pertinent information is why the hold.
What if the are asking for 6 months of stability testing instead of just three? That would delay us but it would not be the end game.
Was Dr Gunzburg released? That could be bad. Maybe the FDA does not qualify our cells. End Game
Gunzburgs release could be Good. It's possible we found a better lab to work with thats more efficient, or a partner is sending someone our way. A positive.
Right now we are on hold. Fact
KW and his crew took the company from 62cents to sub penny. Fact
Losing money sucks. I have done it before. It is usually a lesson well learned.
Has Dr Solis' work been peer reviewed. Is there any kind of consensus amongst a group of scientist.
Yes, you are right
Great description of Tesla
What happens to the share price if the hold is lifted before Christmas? Does it go to 2cents, 6cents as A2Z desires, 10 cents?
What happens to the share price if the hold is lifted in March 2021? Will we be trading at hundredths of a penny by then? How many shares will be outstanding at that time? Who will be CEO?
My opinion is that the hold needs to be lifted in 2020 or KW must resign. I do not know this man. We spoke once for 20 minutes. I don't want to bash him personally or call him names or question his motivation.
However, if this company is to be saved I think new leadership is needed or there will be no confidence by those who have supported this company for so long. KW owns a lot of shares. He would become uber wealthy if this succeeds. If the tech has potential then getting this to trial should be his motivation.
I will probably buy my tax wash sale shares back at a lower price. My cost basis will be stupid low. Unless i feel the wind is blowing in the wrong direction I will do this. I think that if this drags on too long then new leadership will give the company new juice.
If the tech has real potential then this seems like a great opportunity for the right person, preferably an executive from a successful biotech. If no-one steps up to take this opportunity I think that speaks volumes about this company. The end game is near either way.
I do see at as a tech stock, certainly more than an automobile manufacturer. I appreciate your intellect, and your response.
I know, I have owned ford for a while for the dividend. Now the dividend is gone. I sold covered calls on my Ford position before they cancelled their dividend.
They do have the number one selling vehicle the f150 and now they have the EV f150 which could be a player. Their sales are up 25% in China where Tesla is struggling in China.
Luckily I sold my GE stock at 28. I am wary of many old school companies.
It is time for us to "Design With Nature" Thats why I own Tesla now. I am a long not a trader.
Thank You for the response.
Question for the Tesla experts. I have read a few articles now on Tesla's China woes.
Ford had its China Woes and it held the stock down for quite awhile but that changed rather quickly and now F is a screaming buy to some. It seems that Tesla has some Chinese government support. Is it not likely that Things could change quickly for Tesla as well in China, especially since Tesla morphs rapidly compared to other automakers?
also
Tesla is a tech company and not just a car company. How bad can the company (share price) get dinged by slow sales in China? I understand that they planned on dominating the market in China. There are many EV companies in China but most make non luxury cars with the exception of NIO which also has backing from the Chinese Government.
If any takers, thanks in advance.
Holy Cow, I agree with you. I better check my pulse and temperature. I want them to iron this out before I trust self driving tech.
PC has a terrible mortality rate. I don't think anything is a more pressing need than PC. I like positivity, but I believe there is something that the FDA needs that is going to take time.
I still have some shares in PMCB. I sold the bulk for a tax wash sale. I can buy them back in another week. Hopefully at a lower price.
Lets hope we find out what the FDA wants soon. We did not get rejected, just put on hold. I will get my shares back.
If there was another shareholders meeting I will try to go. Hope to see you there. PMCB!
I agree, if it was simple it would have been taken care of. Half a penny by end of year.
When this stock drops I am going to find myself buying.
Boston my friend, this does not even come close to answering my very simple question. I will stop poking you on this, I think I got my answer
Tesla rocks!
Well Boston, I have noticed you like to go around and around in circles but there is never a clear explanation.
There needs to be an airmass with humidity in it to condense on the condensation nuclei. That water vapor is not present over AZ. Where does the airmass containing moisture come from?
Hope all is well with you.
GO TESLA!
I know all about monsoons(a seasonal reversal of the winds), that does not explain how water vapor gets into the AZ air. Where is the water vapor coming from? If winds reverse thats continental air moving in. Thats still dry air.
Tesla!
Lets get back to Arizona. The moisture is not present in Arizona because of orographic lifting. By the time the air gets to the leeward side of the coastal mountains it is starved of moisture.
If the solar farm is going to cause more humidity and rain, where is he moisture coming from?
Go Tesla!
This was written in mid July, its the end of October. This just in; The Japanese bombed Pearl Harbor. LOL
The Hummer EV. I hate it. Hummers are a big shoebox. They look like there should be more room on the interior than there actually is. I had a friend who loves them and has owned two. I just do not like the design. If I was going to drive an EV truck it would be the Tesla OR the EV f150 (i drive an f150 now).
The EV f150 is a much bigger threat to Tesla's market share than the stupid Hummer. Just my humble opinion.
That is excellent advice. Go NIO!
This change is just so Dr. Crabtree doesn't need to answer IR emails anymore. In my humble opinion.
Happy Friday Tulla, Raising my glass. Cheers.
Go pmcb!
Ferenc, I know you saw KW on the Big Biz Show. He could not answer basic questions or explain the technology clearly to someone that knows nothing about PMCB. How effective do you think he will be during a shareholder meeting with people educated on the Technology? Answer = not very
The very last thing that is going to happen is a previously promised shareholders meeting. I would be shocked if it happened.
The last shareholders meeting he tried to spin things positive with the "I am smiling" comment.
That turned out to be a nothing burger and shareholders were left without any real answers.
As I said once before we should organize our own shareholders meeting and go knocking on the Laguna Hills office door. Shareholders need to pressure Mr Waggoner for answers. Show up and start recording. We will quickly learn the truth by his response, and actions.
The last thing he wants is to answer to those that are padding his portfolio.
62cents to sub penny, enough said