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If the stock went from 2 cents to 60cents then KW gets a raise.
But the stock has gone from 60cents to 2CENTS
THATS TWO PENNIES
KW should get tossed and investigated. He has badly misrepresented the activities of the company.
My guess is his fall is coming soon. unfortunately I will probably never see my investment again.
Those weak smmg pumps don't even work anymore with this pool of flotsam.
Pink, you don't need to freak out. You should wake up to the fact that this cannot go on much longer. We have been ripped off. The IND was supposed to be filed in 2017, 2018, 2019, and now 2020.
Pink, look at the dilution that has happened over that period of time.
Look at the money the execs have made.
Look at what the stock price has done during that period of time.
Look at the longs falling by the wayside (except the fan club, lol)
Wait for the next excuse Pink, It's coming. The next delay will arrive soon, and KW will still bank.
You posted a link to the PMCB website. That is not proof. 3rd party confirmation from Facet Life Sciences would be proof. There is nothing material that says the IND is in the works. Just here say by those collecting salaries.
If we believed what the company said then the IND would have been filed years ago.
The stock has gone from a high of 60 cents to our current all time low of two cents, The stock stinks.
The CEO is a penny stock lawyer con man who barely understands the technology but is great at collecting an oversize salary, and will dilute us into oblivion while he makes sure he gets paid.
He will sell large blocks of shares at .005 just to make sure his money comes in. Meanwhile investors get diluted and the stock is driven down as our toxic financers panic sell to get there profit before this whole thing blows up.
There are currently longs organizing a class action lawsuit against the company while other shareholders have filed complaints with the SEC.
The IND was supposed to be filed 3 years ago, but blunders and lies have prevented it. Now the salaries are bigger than ever while the price per share shrinks to almost nothing.
We have been hearing about the IND for years just so these clowns can pad their portfolios at the end of their careers.
The stock is a joke, the genius is a crook.
Longs are falling by the wayside, because they have lost trust in management. I am a bag holder. Going down with the ship.
Penny land cometh. PMCB
Here is the reality of the situation. We are NOT going from 2 pennies to dollar land. No way, No how.
Completely diluted,
no income to speak of,
questionable marketing decisions,
angry shareholder relations
misleading press releases
portfolio padding
IND dangling for years (after pre IND meeting they smoked a fatty figuring they had plenty of time).
Oh but the great doctors and all the passed tests. It's B.S., They can create, release, inform, whatever you want to call it a new test at any time. O.K. Now we have to give Gunzberg a breathalyzer test for ten months to make sure he is not constantly bombed!
Sorry, needed to vent.
Looking forward to the next excuse press release so I can be proven right, again. Pmcb
Maybe this will be the week we get the next delay news.
News out!, PMCB Murder Hornet Repellant.
IF the IND is filed and we have a trial anyone with half a million shares or more will do very well. I personally do not need anymore shares, nor do I want to throw more money at such a high risk venture.
It's time for the company to put up. I am tired of padding KW's portfolio while my investment shrinks AND gets diluted.
The only relevant achievements from a shareholder perspective are ones that gain a positive market reaction. This stock is headed for a penny. NO achievements here.
Be patient while they further dilute.
That is exactly how I felt for about four years. Then I started to realize that they just dangle the hope of the magic IND in front of our eyes while they collect huge salaries. I wish you all the luck in the world with your investment, just don't fall in love here, you may get burned.
Preparing for the next delay (oh and there will definitely be one)
Hope I am wrong but look at the history.
PMCB, patiently waiting for the next delay.
Does it have to be a scam to s%ck. PMCB is not a scam. Thats not the problem.
Which comes first: IND,FDA test kit approval, or penny land?
Looking like penny land.
Appreciate? Appreciate? These people are not my family members. I have given them money for them to grow. I do not Appreciate my investment being cut in half. I am not bashing them personally but I do not appreciate the quagmire they have created.
The IND must be filed soon.
They have had plenty of time to accomplish this. Meanwhile they sell shares at a discount and DILUTE loyal shareholders.
NO, there is nothing to appreciate here.
The biggest steps forward for PharmaCyte in the past 5 years.
1. A PRE-IND meeting with the FDA
2. A Pre-EUA Application with the FDA
I could accomplish these two things in five years. I am in the real estate and outdoor recreation business. I am currently in a Pre president of the world status and my wife is in a pre colonizing Mars situation. I am also in a Pre dump my shares mode. Pre whatever means nothing.
There is no meat on the PharmaCyte bone, and the dilution is off the hook.
Averaging down, NO. Staying put right now until something material happens.
And please don't respond to me that they passed a bunch of tests because this has done NOTHING for shareholder value.
Scam no, bungled yes. Lets go pmcb, file the IND!
Which comes first, 1 f&%#in penny or IND?
The penny, the answer is the penny.
Someone posted a list of companies having covid kits trying for approval from the FDA. Has that list changed? Is Pmcb on it?
Any sign of credibility from an outside source would be nice right now.
I share your concern. If they have more tests to complete tell us now (should of already told us). If they spring more tests on us they are just padding their portfolios. Time to file IND.
"KW probably doesnt worry too much"
Thats putting it lightly, he is one of the only ones making money here. 3 cheers for KW's portfolio.
I am buying, accumulating, backing up the truck = I want you to buy, accumulate and, back up the truck.
Everyone be Patient, while we dilute your investment into oblivion.
Where are the institutional buyers? Where is big Pharma? How is KW's portfolio doing?
I am holding, not buying. Too much dilution, poor communication, ambiguous endpoints, high salaries.
Is it a scam? No
Is it being milked so people can pad their portfolios...Quite possible.
-How did sustainability tests, and pyrogenicity tests sneak up on them? Why were we not told earlier?
The only explanation I can come up with is drag drag drag it along while they cha ching.
Holding and hoping still, Yes. Buying more No.
Your correct. If KW's goal was to shrink the value of the company than yes, he is a genius. Well done.
Longboarder, we are trading at under 3 pennies. Where is the gold?
Dilution. Since I have been invested here they have increased the share total by %50. Even if something good eventually happens we are still hard pressed to make money here as our sliver of pie gets smaller and smaller.
Test Kits for Covid. These tests need to be sent to a lab, they are not instant. We live in a right now world. This may be the best test around but it is too costly to send to lab and wait for results, meanwhile you could be infecting people. My prediction is the test makes it through the FDA but is never widely used.
Facet Life Sciences(FLS) and the IND. I have no idea how much FLS has been compromised by the Covid outbreak but I believe they probably are. The delay hurts for sure, but I am more concerned that the company announces yet more tests that further delays the IND. This may be the point where I realize I am a sucker and will probably try to recoup what I can.
Stay safe posters!
Which comes first, IND or .01s?
.01s is my vote.
Perhaps they end up making money with these"kits" and don't need to sell as many shares.
Hospitals are not ramping up new clinical trials right now , because they are stressed to the max. Even if they get the IND filed I doubt the trial will start for months.
In the meantime they can't make money somewhere else?
I for one, appreciate the effort.
I also believe there is more to this move than immediately meets they eye.
I hated this response, three delays packed into one small response. How about they tell us exactly what needs to be done since we have been giving them our money. This is about to fall apart due to vague crap they keep feeding shareholders.
If was KW and I had a plant on this board, I would have them preach patience. IND before the next ice age.
The company reads the board and gets tons of letters from us. They know as group we are angry and restless. They need to get out in front of this and LET US KNOW EXACTLY WHAT HURDLES ARE LEFT BEFORE WE FILE THE IND!
Specifically what tests still need to be done.
Or
All the tests are completed.
No more Ambiguity
"we are there".....NO, No we are not.
So many good companies on sale right now. I would buy those. I am a long here and am quite disappointed.
Well, its not like they have tons of money rolling in and they don't seem to do anything to change that. Bankruptcy is not far fetched. There will be a lock on the Laguna Hills office doors soon if they don't start forking over accurate information and stop with the vague garbage.
Are there more tests?
Are the tests all completed?
How about letting us know KW you rockstar you.
Efood, my opinion is based on press releases and my contact with the company. I can’t read another press release with vague info. They need to lay out all the tests or tell us all testing is done. It’s been years Efood and here we stand at three cents. Something needs to change. We need the information that they just are not giving us or it just seems like they are milking it.
What about the dilution Efood. Our investment always gets smaller. I am not going to chase this stock. Are you telling me there won’t be a reverse split. Of course there will be. The longer this takes, the worse for the shareholders who are barely propping this up at 3cents.
There is plenty of doubt Efood, Plenty.
Welcome!
Tests tests tests, they can always add more tests at anytime it seems. What I would like to see is the company put out a press release stating ALL TESTS past, present and future. Let us know exactly what needs to be done. For me, I can wait a little while if I know whats going on. I need to see credibility. Credibility is waning.
I am not "loading", nor and I am selling. I am skeptically holding my shares. I agree with A2Z. I would like to see an early buyout. Earlier I did not want that because I wanted us to grow organically from our own soil. That is the way shareholders would do best if successful.
I just don't know if our executives are capable. I am not a KW hater, and DR Crabtree is the one putting up with all of our crap. I respect them as people, especially Crabtree who has accomplished a lot. That being said, tests should not be creeping up on us like this. That's incompetence. It should not have happened and should not happen again.
Shareholder meeting is a must. Press releases just add more questions. I was unable to attend last shareholder meeting. I will swim to the next one if I have to. When the virus problem passes I will demand a shareholders meeting (to the company not here on the board).
Stay safe all!