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What Management? Management is KW. PMCB has two employees Shady Kenny and Carlos.
PMCB has 45K cash on hand. Nothing is coming. Company is in business to sell shares by the hundreds of Millions at any price only to pay Shady Management. Do your DD.
600k in the RED. 45k cash and no ability to use their S-3 to raise capital now selling unregistered shares for who knows what .001? And 6k a month spent on R&D tells everyone this is not a real Biotech
During the month of October 2019, the Company received $70,000 from an officer of the Company as a short-term payable that was non-interest bearing and due on demand. Subsequent to October 31, 2019, the related party was repaid in full.
Having to borrow money just to keep the lights on. I can only imagine what they are selling unregistered shares for. .001?
Working capital was approximately a negative $595,000 at October 31, 2019.
Ya exciting times are coming. LOL
Shady Kenny issued the one share for a dollar to himself so he could vote to issue another Billion shares. He then returned the share to the company probably all within a 24 hour period. It all the one preferred share was for so there would be no vote by shareholders.
During the three months ended October 31, 2019, the Company issued one share of Series A Preferred Stock to the chief executive officer of the Company for $1 pursuant to a subscription agreement. The Series A Preferred Stock as detailed further in Note 11 – Preferred Stock, provided the officer with voting rights equal to the number of votes then held by all other stockholders of the Company. Subsequent to October 31, 2019, the Board of Directors adopted to exercise its right to redeem the one share of Series A Preferred Stock and it is no longer issued and outstanding.
On October 31, 2019, the Company’s Board of Directors passed a resolution recommending to shareholders that they approve the amendment of the Company’s articles of incorporation to increase the number of authorized shares of the Company’s common stock by 1,000,000,000 from 1,490,000,000 to 2,490,000,000 shares. Subsequently, on October 31, 2019, by a written consent executed by holders of a majority of the voting power of the Company’s outstanding stock, the Company’s stockholders approved such an amendment. October 31, 2019 such amendment was filed with the Secretary of State of the State of Nevada.
WILL NOT ADDRESS WHETHER PMCB IS A SCAM OR NOT!!!
READ THE 10Q and you will clearly see that PMCB is a SCAM. Money raised and spent on paying Management and friends only.
Issued so he could vote the share increase and returned the next day.
They issued the one share so Shady could vote the share increase by a Billion then they returned it to the company. Anytime they want to vote on anything they will just repeat the same transaction. Shareholders have no power on anything going forward.
Working capital was approximately a negative $595,000 at October 31, 2019.
In Note 2 – Going Concern to our condensed consolidated financial statements set forth in this Report, we note that certain conditions raise substantial doubt about our ability to continue as a going concern.
Lets see 45k in cash 803k in current liabilities. This without application fee for "IND" and $Millions to conduct a CT. Sure they look legit. LMFAO oh and 18k spent in 3 months on R&D 6k a month. LMFAO x 2
How did Shady find the time to issue that PR today? Feverishly working 24/7/365 on IND and the 10q. Poor Kenny he is too old to be working this hard. LOL
LOL. The SEC is watching penny stock message boards. LOL!! Today we got this and back to the Naked Short and MM Manipulation conspiracy theories.
PMCB is a Scam and it has been a scam since it was founded as efood safety 23 years ago. 23 years of doing nothing but selling shares and paying scammers.
Yes
Are these the ones in Pakistan? LOL always a conspiracy. There are hundreds of Biotech's developing treatments for cancer and diabetes and the successful ones are bought out for Billions all the time but only PMCB is being held down and manipulated because "Big Pharma" is scared of PMCB. It is LOL Hysterical to read the years and years of excuses made up for this SCAM.
Last chance tomorrow. Canceled.
Shady Kenny can't break away to "Update Shareholders" because you know working 24/7/365 LMFAO. That 10q is soooo complicated. Lets see cut last qtrs financials and 3 amigos pay insert this years and add a couple hundred million shares to the current OS. Whew i am exhausted.
LOL. Last chance for what to buy at .04 before it drops back to the 03's. Yes Investors get your shares now there is only 1.5 billion of them and another Billion on the way. How many years has it been last chance 15?
Hidalgo only cares about funding for his consulting fee.
PMCB's Darkest hour is every hour of the day and night.
Like all Pump and Dumps the PPS always comes back to where it began before the Pump. Who bought shares in the .04's .05's and .06's will soon learn that PMCB is only about PUMPS.
LOL. .50 a share? You had your chance 5 years ago.
time is running out? Said hundreds of times over many many years. Time is running out for what? PMCB dumps hundreds of millions of shares every year just to pay the salary of its Shady Management and pretend they are actually doing something. A 20+ year old technology that has expired patents and could be replicated by anyone who wants to. No one wants to because its worth $0.00. Do your DD on this scam of a company that has been in business for decades stealing investors money and nothing else.
Not even one. Rather buy a gumball.
Sure. Having a CC on a Friday after market close and then releasing their horrible 10q that same weekend going into one of the slowest trading weeks (Christmas) is when "Good News" is shared. LOL.
Just a reminder. PMCB is a scam. Plain and simple. Using 20+ year old technology no one wanted to suck as much money as they can into their bank accounts using cancer as a means to suck people in. Do your DD.
Carlos is very busy with his other jobs to file the 10q like everyone associated with PMCB. Shady I am sure still works as a Lawyer, Crabtree well he is and has been retired for years. And all the other "Names" PMCB drops? All working their own full time job spending ZERO minutes a day thinking about PMCB as long as the checks keep clearing.
Shady has already won. At 71 he has already sucked enough money out of PMCB to live a good retirement. Hell he has been retired for 6 years.
If you never intend to file an IND than why not tell everyone you will announce it when you do. That way Shady can keep you anticipating.
Looks like the two day "Hype" has lost its steam. LOL Who the hell was buying this scam in the .06's. PMCB scamming investors for 20+ years and counting.
The .005 owner is a Happy Man!! Congrats to him on a huge profit. Sorry to those that bought PMCB and will be regretting it in the very near future. You all just bought on a Paid Stock Promotion. Surprise!!! LOL
LOL. People now paying 10 times the price the seller of these shares paid. Chasing a fairy tale. Some never learn..... PMCB 10q due out which will once again show this company is a scam. But keep buying and buying. LOL
There is a sucker born every minute. LOL
Today's buyers will be tomorrows criers. Sucked in by KK again LOL
Please tell. How many years has kaboom been coming now? 15? more? LOL
PharmaCyte Biotech Outlines 2016 Milestones as Company Moves Into Cancer Clinical Trial. LMFAO!!!!!!!!
Today's "FAKE NEWS" brought to you by the same penny stock pumpers.
http://www.stockmarketmediagroup.com/pharmacyte-biotech-outlines-2016-milestones-as-company-moves-into-cancer-clinical-trial/
How gullible must an Investor be to think real news is released through a paid for by a 3rd party article. The purpose of this poorly written article is for the 3rd party .005 buyer to dump their shares. Its classic pump and dump.
Is it about 15+ year investors of a scam penny stock?
16 years and counting or has it been longer. LMFAO
This article was written based upon publicly available information.
PMCB PUMP PUMP PUMP. SMMG Not doing a very good job of earning their PUMP money.
Stock Market Media Group discloses that it expects to be remunerated fifteen thousand dollars monthly from September 2019 to September 2020, paid for by a third party via bank wire, to produce content related to PharmaCyte.