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That is quite simply, not true. We are close now though.
We all should.
Eurofins is a world leader in Pharmaceutical testing. We have a "Certificate of Analysis" from Eurofins, stating the viability of our cells. Is anyone on this board prepared to call Eurofins a scam? Would Eurofins make and test cells for a scam company? I do not think so.
I actually like hearing the credible negative arguments. Investors should not put their heads in the sand. I want to hear about competitors, funding issues, setbacks, all of it. But don't try to sell me on the "scam" theory. There is just too much credibility between the doctors, Eurofins and Austrianova for me to even entertain the "scam" theory. I am not buying it.
http://pharmacyte.com/pharmacyte-biotech-receives-certificates-analysis-eurofins-cells-used-pancreatic-cancer-therapy/
I see, You filed a report. They are not acting on it. And you are still here. Oh don't worry, I am clear on whats going on.
Actual whistleblowers never advertise. It is dangerous and less effective. If you have been here a while, and you think pmcb is a scam. Why not blow the whistle?
News Coming! All the noise.
I agree with you RC, at 5s its time to dip the net again.
Thanks, we know its not a scam, but your input is always appreciated. LOL
I agree that the years of delays have helped suppress the stock price. The market is in "show Me" mode after all the delays. I also believe that they finally have their act together and we are on the cusp of submitting our IND for LAPC.
Once the IND is filed this is step one of "Show Me". We will see a dramatic price increase.
Success in the phase 2b clinical trial is step two of " Show Me". This is when we blow the doors off the current stock price.
I have no problem with a low pps until the IND is submitted. As a matter of fact, I am ecstatic that I found this before it goes to trial.
I am not giving advice just opinion. Good Luck Longs!
Now I do not think the great Dr Lohr would be discussing the trial design if he did not plan to execute the trial.
He said success is not guaranteed but then stated several reasons why it should be more statistically significant than the last trial.
PMCB is primed for 2b trial with FDA.
Longs will soon be rewarded.
Drifting down one more time? Maybe.
Positive news events on the horizon. Almost definitely.
JMO
Hello, new to this board, and trying to understand what is going on with the company.
Oncolix has one drug in its arsenal, it is a cancer drug.
They started a trial in 2016 that was supposed to be a phase 1, 90 day trial.
We have no information about what is going on with the trial.
The company uplisted to increase credibility.
Can someone point me to a post or article about the company that is not paid for by the company or a company PR.
TIA
I will buy more at .05, but not now. I like averaging down. You're doing a great job keeping people informed. IND soon I hope.
What comes first .05s or IND?
A point well taken.
And we shall drift back down until more news.
It may be more than a flipper, thats just how I am playing it.
5s = loading zone for me as well
This stock is a flipper, thats it. GLTA
Buying the dips. I believe an eventual breakout is inevitable. Not trading this one. Acquire and hold. JMO
Welcome to the board. I personally do not want a buyout yet. The price would be too cheap because they have not proven its effectiveness to the FDA as already noted by realist. I like the idea of it creeping up with news, then get a buyout at a higher valuation. Just my Opinion.
I thought they are trying to starve the company of cash, make it harder to raise money.
Just waiting for the Certificate of Analysis from Austrianova and we are ready with IND.
TWO comparator arms for the trial. I know in the past the Comparator arm was a problem for some.
Kenny sounded more fluid and less cornered on this interview.
And away we go
No, They have not yet announced a time. I think they said about 2 weeks.
Just read the latest news(?) on PharmaCyte. I've been busy.
I thought there was no new news in it. It mentioned shareholders a lot and used words like "patience" and" reward". It seemed geared towards existing shareholders.
It was not results on the encapsulated cell testing nor was it news on an IND filing.
The radio interview scares me. All conference calls have been a disaster since I have been here. Who knows what this will be.
We are making progress, but we know what has to happen for the big move. File the IND, have it accepted, start the trial, THEN...well you know.
I like your thinking. It is a common and sound strategy to regain your original investment plus some profit in the early going, and then let the rest ride. Ensure success when you can. Just my opinion, not advice.
That is absolutely your call my friend. Don't take investment advice from me.
Here is an article about Abbvie and the result of there 5.8 billion purchase of Biotech Unicorn Stemcentrx. The jury is still out on if this will be successful or not but the initial outcomes were not great.
https://www.marketwatch.com/story/abbvie-stock-tumbles-11-on-disappointing-results-for-cancer-drug-acquired-in-58-billion-deal-2018-03-22
They paid a lot of money for the company and their product did poorly in trials.
Long story short, The big Pharmaceutical companies want the kind of evidence an FDA trial will provide BEFORE they start falling all over themselves to buy PharmaCyte.
I hope someone else knows the answer to your question about trials overseas. I do not know the answer, but if it was easier than the FDA wouldn't every company be doing it. Perhaps getting approved by the FDA and getting operational in the U.S.A. leads to more $, that would be my Guess.
Public companies sell shares, it might be time to brush up on the basics of investing bro.
I have been an investor here for 2 two years now (not very long in comparison to some). I have wondered the same thing. I have heard that it is the Market Makers, I have heard flippers, and these may be correct answers.
I think however you may have answered your own question, There are powerful entities with a lot to loose. We are talking billions of dollars here. This is a disruptive technology. There is evidence around that suggest a campaign by some entity (probably an insulin producer) with money and tenacity (check yahoo pmcb board) to keep this company down.
I also believe that part of KW's lack of updates is related to this and he is trying to protect intellectual property and perhaps even trying to prevent sabotage.
This is all conjecture on my part, but after watching this closely for a while something does not seem right.
I also believe that the only thing to move this stock significantly is volume that will be created by an accepted IND with the FDA
As PharmaCyte checks off the boxes on route to their 2b clinical trial with the FDA, it becomes harder for them to create doubt. Its starting to get silly.
Maybe I am greedy, or maybe my cost basis is too high, but I am not excited about 10cent pps. It's all about dollar land. I am willing to loose my investment, but I am waiting for dollar land. Then I will trim some shares,but not until then.
I was not offended, nor did I think you were offended. Its all cool bro
No problem my friend. I won't correct you again.
Agreed, not a lunch money stock. I won't be jumping off the bridge either. Jumping over would be impossible.
I got you. I always give people I semi trust $1000
But you obviously trust them enough to hold your existing shares.
If thats how you feel then you should absolutely not buy anymore. I feel optimistic so I think I will add to my position this week. Good luck in your investment!
I have been accumulating this stock since it started trading on the Nasdaq. In my opinion nothing has happened yet. They are positioning themselves for what looks like a bright future in a burgeoning industry. The next few years will see Cronos trading in higher ranges. I am long so I am not overly concerned with the day to day pps. There will be many who wished they got in under $10 in a few years. Meanwhile it is time to feast on cheap shares. Just my opinion, not advice.