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Actual Oct 2014 Securities and Exchange Commission response letter to PMCB about claims made on previous clinical trial.
Please delete the sentence from your proposed disclosure that states “It is unlikely, even with the small number of patients...that the increases in median survival time and percentage of one-year survivors ...were due to chance alone....” This is a statement of opinion that purports to be factual in nature and is, therefore, inappropriate.Since statistical significance could not be measured in this trial, you cannot exclude the possibility that the results were due to chance. Therefore, please replace the sentence quoted above with a statement explaining that because the results were not statistically significant, any observations of efficacy must be weighed against the possibility that the results were due to chance alone.
Total Joke. That is the only way to describe PMCB. The whole theory that CIAB will actually work to the purposeful delays and excesses. All just a means to pay Shady people huge sums of money by sucking off of investors dreams of riches. 7 years to encapsulate and test a cell line that was developed 20+ years ago, hundreds of Hype PR's and years and years of excesses. PMCB is not a real company and it never has been. KW is a con-artist and always has been. TOTAL JOKE. IMHO
Your right i have been to tough on the Shady One. PMCB is trying but they only have one shot to get this right even if it takes 10 more years. Patience then Kaboom !!
Still up on PMCB website. Corporate Presentation June 2018 page 18
Manufacturing Capability
•cGMP facility successfully audited and deemed ready for production
•Production of clinical trial material being validated
•Trial material expected to be available this summer
Shady Kenny is so beyond caring anymore he doesn't even bother to update his bogus presentations anymore.
Can you Imagine expecting new investors to go to your website and read your Corporate Presentation and letting them read instead an 11 month old presentation that shows how Bogus PMCB is.
It is incredible when you look back at all of the PR's on PMCB's website just how bogus this company is and has been. And that is only going back to 2013 as the rest of the BS has been erased. Yet some still yell Kaboom and Patience like a penny stock scammer Shady Kenny is or ever was about anything but himself and his band of Shady friends. IMHO
https://pharmacyte.com/news/
Let's not kid anyone. PMCB doesn't have the best of the best doing anything for them. The best of the best discover new therapies they run successful Biotechs or they start their own. No one here had a clue who Hidalgo was but as soon as PMCB writes him a check he is the best of the best. He's a Doctor he doesn't discover anything he administers other peoples medicine. What have Löhr, Salmons and Gunzburg ever created to save lives. And of course the great BOD who have contributed ZERO to PMCB. Its a money grab PMCB has nothing and will accomplish nothing and if 7 years of nothing hasn't taught you that then BUY BUY BUY !!!!!!! IMHO
Actually a perfect synopses of what Shady Kenny and PMCB are.
If the cells either don't grow or don't work I would be of the belief that they never did. Two decades old tiny trials with very little over site or controls probably means CIAB actually did nothing and the results were from the chemo alone or just by chance alone. IMHO
Remember the years of posts reading "you better get in now because the train is leaving the station" or PPS will never go below .25 .20 .15 .10 .05 again.
The wild speculation of buyouts and partnerships and how the new consultant (fill in the blank) was going to do so much for PMCB.
The nonsense of shorts and then naked shorts in Pakistan.
I'm thinking not to many are feeling that way anymore as reality starts setting in that this was all just a way to pay some really shady people a lot of money for doing absolutely nothing.
What has the Shady one actually accomplished in the 6 plus years he has run PMCB? Besides creating wealth for himself.
Shady Kenny better pull a Hype PR out of his arse or this puppy will be trading in the .02's before long.
PMCB updates closed for the Spring/Summer Kenny vacation. See you in the fall for a fresh round of Hype and misdirection.
This is the truthful part of the PR. The production run from Jan was not a success. And since when does a PI involve himself in production of trial material? He is a Doctor not a manufacturing consultant who is acting more like a paid stooge for PMCB at this point.
The results of these tests strongly indicate that, after the suggested changes are implemented, positive results should be obtained.
The can has been kicked once again. LOL
Most know there will be a PR stating that Shady will be having a CC and shareholders should send in questions. Then Shady will tell everyone that there was a (fill in the blank) problem but they are working 25/7 365 to rectify. Dr Hidalgo can't be PI because of his new job. The new CRO isn't capable of handling a P2b trial. Still working with cell lines for Diabetes. Dr Rabies is still growing the MJ he needs to cure Brain Cancer. In other words he will just replay the CC from two years ago with some word inserts. And Longs will cheer!!
Sure! A company that has spent 7+ years stumbling around not knowing what studies and tests are required for IND is now going to get IND approved and have funding and results in a couple of months. No one really believes any of this nonsense. A company that has hired 3-4 different CRO's, multiple vendors to create MCB's, 100's of paid PR's claiming Clinical Trials Soon and run by a Penny Stock Scammer KW and his pal Carlos from China tel is just a couple weeks away from setting the Biotech World on Fire. Truth is.
PMCB is run by 2 1/2 people.
- Two are a Shady Lawyer and his CFO buddy that came from a known scam (China Tel) that screwed a lot of people out of their money.
- The 1/2 is a 80 year old Doctor who hasn't been involved in Medical research for several decades and whose real position appears to be answering emails from angry shareholders when he is not napping.
PMCB has 1.2 BILLION shares outstanding and only raises cash to pay its 2 1/2 employees. No money for Trials. No ability to raise money for Trials.
PMCB has never had a shareholder meeting and stopped even pretending to update its shareholders because they are just an annoyance now.
On their own website their Corporate Presentation (LOL) hasn't been updated since June 2018 and still states that trial material will be ready in Summer 2018.
It looks like the end game is coming soon as KW and his Buds are old, Tired and wealthy and growing board with their scam.
IMHO naturally.
How much longer does KW want to keep the charade going is the question. 71 years old having made a huge retirement nest egg while basically having a no show job for 6 years. PMCB was never about Clinical Trials and funding it is all about Fantasy and Greed. IMHO
800,000 shares at .042 or below yet no one wants them. Strange that a life changing technology attracts no interest. Kaboooooooommmm.
Worthless? No. Shady Kenny has made $Millions off of it.
Peril? "Serious and immediate danger"
LOL the drama of calling out a make believe Biotech has now constituted serious and immediate danger. PMCB is a shell company only in business to pay its Shady Management and 6+ years of bogus PR's prove that fact. IMHO
That's because no Real Biotech in the world would operate without really good Regulatory Personnel. They are the Key to FDA relationships. PMCB has a Shady Lawyer and a CPO.
Not one single member of PMCB's Management or any of the Consultants have ever invested dollar one of their own money into PMCB. That should tell you all you need to know. IMHO
The whole thing is just a story. And it always been. PMCB has always been about telling a story to penny stock Investors with dreams of riches.
A cure for cancer with no side effects.
A Bio-Artificial Pancreas that will produce and store natural Insulin.
Biotech's don't tell stories. They research, design, present data to raise capital and conduct trials to prove what they think their treatment will accomplish. PMCB finds a result that makes a good ending and tells a story to raise capital to keep paying the story tellers. IMHO
Fact is if PMCB were for real Shady Kenny would have done a reverse split 5 years ago and up listed to NASDAQ. Nearly impossible to raise capital in penny land. But as most know this isn't a real company and never could comply with the transparency required by a real stock exchange. Oh ya and Kenny has been too busy working 24/7 365 on IND. LOL
100-1 reverse split would equal $4 not $400.
Does anyone really believe if Von Hoff thought PMCB had anything that TD2 wouldn't be conducting trials right now with CIAB. I have gotten Tgens newsletters for years and never once was a word written about sCam In A Box.
Its remarkable that a Shady Lawyer and a washed up Doctor both well beyond retirement age could continue to convince some that PMCB is a real company. Going on 8 years of rinse and repeat PR's that never lead to anything but more unhappy shareholders that buy on pumps only to be stuck when PPS drops rapidly post pump. Since Shady Kenny became CEO he and his cronies have sucked every penny raised by selling shares at 50-75% discounts out of this company and into their Bank account. Not one real provable accomplishment in almost 8 years. Tens of Millions of $$ raised and spent on undeserved salaries. Shameful IMHO.
If you bought stock in PMCB 10 years ago you have made an amazing return of 0%. Congrats to all longs.
The Greatest Medical Discovery in History now available for .03
This Presentation tells you nothing?
http://ir.caratherapeutics.com/static-files/96737c19-14b7-4ced-88ae-c31e3d62923e
I have always loved the PMCB will be worth $5 a share on Ind but i am waiting for .04 to buy more. Its almost a funny as the I hope it doesn't go up until after i drop a check off with my broker.
Soon to the long time longs? As long as they are walking planet Earth. I don't think you realize how long some of the longs have owned PMCB, Nuvilex, Efood Safety......
Not a good analogy. Cara Is conducting a clinical trial not promising one for 8 years. PMCB is allegedly a Biotech yet has never filed a single piece of paper with the FDA or any other regulatory agency around the world ever. Eight years of "trials soon" eight years and hundreds of fluff PR's tens of $Millions spent on paying management and not much spent on R&D. How many clinical stage Biotech's have you owned that spends multiple times as much on G&A then they do on R&D?
They also said this in 2015. Did it happen??
PharmaCyte Biotech on Track to Commence Clinical Trials
SILVER SPRING, Md., March 27, 2015 (GLOBE NEWSWIRE) -- PharmaCyte Biotech, Inc. (OTCQB:PMCB), a clinical stage biotechnology company focused on developing targeted treatments for cancer and diabetes using its signature live-cell encapsulation technology, Cell-in-a-Box®, today announced that the genetically modified cells that are required for its three planned clinical trials have been fully tested and are in the process of being propagated to produce all of the cells necessary for the clinical trials.
The cells being produced came from a fully characterized single-cell clone of the cells that were used in the previous clinical trials in pancreatic cancer. These cells are being grown under conditions that comply with current Good Manufacturing Practices (cGMP) standards.
One of PharmaCyte Biotech's clinical trials consists of a Phase 2b trial where PharmaCyte Biotech's pancreatic cancer treatment will be compared "head-to-head" with the best available chemotherapy (Abraxane® plus gemcitabine) for advanced pancreatic cancer. The Phase 2b clinical trial will be conducted in Australia by Clinical Network Services (CNS). PharmaCyte Biotech's pancreatic cancer treatment consists of encapsulating the genetically modified cells, using the Cell-in-a-Box® live cell encapsulation technology, and placing the capsules with the live cells inside them near the site of the cancerous tumor. The patient is then given an inactive cancer drug, ifosfamide, intravenously at one-third the normal dose. When the blood carrying the ifosfamide comes in contact with the encapsulated cells the ifosfamide is converted into its cancer-killing form.
Two additional clinical trials will be conducted in the U.S. by Translational Drug Development (TD2). These trials will determine the effectiveness of PharmaCyte Biotech's treatment in (i) reducing the severe pain that occurs in patients with advanced pancreatic cancer; and (ii) slowing the accumulation of malignant fluid (ascites) that accompanies the development of pancreatic and other solid cancerous tumors in the abdomen.
Kenneth L. Waggoner, the Chief Executive Officer of PharmaCyte Biotech, stated, "We are very pleased that work being done to grow the cells required for our clinical trials has proceeded according to our plans. Together with our partner, Austrianova, we are complying with all current regulatory guidelines to ensure that these cells will be made available to us as quickly as possible so we can commence our clinical trials in a timely fashion."
Only eight years of Trials soon. 3-4 Different CRO's, 3-4 Different Cell bank Mfg's, Failed pre-clinicals for Diabetes and Malignant Ascites. You are correct they are on track for more of the same NOTHING.
Nor will I ever. Animal studies are used for safety and to determine if drugs have efficiency. Last time I checked the FDA doen't approve based on animal studies. Keep beating the PMCB drum but I think most are becoming deaf.
Lol. Its such an amazing technology that it has never been proven to do anything. Trials that were conducted in the stone age with no regulatory over site owned by a penny stock company run by a penny stock scam artist lawyer. Its amazing that they don't have Biotech's lined up outside their office trying to partner with them. Oh wait they don't have an office.
I think the "longs" should write a group email telling Kenny they can wait as long as it takes and they are behind him 100%. Maybe he won't be sad anymore. Poor Kenny. :(
Wonder how many .01 shares were sold so far this qtr. 10q showed they were just about broke on 12/31/18. Quite possible they are now selling .005 shares by the tens of millions now. Don't worry though i am sure Shady Kenny is still getting paid. After all the 10q stated they could just cut R&D funding if cash dried up so that should save PMCB a couple hundred bucks.
LOL and what about last week?