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I left this board about a year ago because I got tired of KW and the way he treated this company and its shareholders. I used to be very heavily invested, got out of 90% of my position a little under water. For 4-5 years I was blind to seeing what was happening here and would fight every day with the people bashing the stock. While I still believe they are doing it for personal gain, when you have zero emotion involved, it is very easy to see that this company is an absolute joke. We as shareholders are/were being strung along and treated like garbage. There is a chance of a 2 outter here, but I would give the advice if that day does come to take what you can and get out. Even if they file an IND, the chances of this ever getting to a trial are slim to none IMO. If anyone was going to buy out this tech, they would be helping them do everything in their power to get into a trial, not watching them flounder.
just logged on and saw the nonsense. PMCB is a joke. Do i think it matters whether its a 2B or a Pivotal? Absolutely not. Results are results. Do i think it matters whether you announce this to your shareholders or bury it in an 8k? Absolutely. KW destroyed this company. I will be selling the second they file an IND and get a small pump. 50/50 at best whether that ever happens. I am already bracing for the announcement that the cell testing failed. This stock will go sub penny if that happens. Investor confidence is at an all time low. With so many other options to invest in, PMCB continually has let its shareholders down by literally doing nothing in their best interests. Whether it is selling shares at below market to dilute, or to stay quiet for months, and now being dishonest and burying a massive change of plans into a 8K, I am done with them the second I can get out at a minimal loss.
i hope this is not correct. a buyout after all this time before we got any data collected would just sell all of us longs short. It is critical that they get into the trial and get data prior to a buyout, if we want this to have been worth the 5+ year wait that a lot of us have been waiting.
nice looking day! I switched all my investments from the stock market (SANS PMCB) to crypto in September so I have not been following as closely, but happy to see we have been rebounding! Nothing would make me happier than seeing PMCB finally get into trials.
ding ding ding, thats the sound of the dinner bell ringing.
yes you are missing something....PMCB is not taking this to market. They are a R&D biotech. All they need is the data that it works from their trial, and they will be bought and the WCB will be done by the company who purchases.
There is nothing to talk about now and quite honestly there wont be until we have some sort of news from the company on IND being submitted (good) or if the Eurofins cells failed (bad). If our next update is a CC again, we are probably cooked. Everyones best case scenario is waking up to an IND being submitted press release. If/When that happens the PPS is going to fly. Until then, all else is noise for good and bad.
and this is the most important part. this below is what all of us HODLers realize, that this news will come, whether its a month, or 2 or 6, and all of us who have been holding and averaging down are going to be in the position to sell way ahead in the green OR stay on for the long haul. Dont be fooled, all these people pushing the stock down will be buying it back when they think it is cheapest. The stock is going to rebound, for sure. IT ALWAYS DOES, look at the history of it. There is money to be made.
"these 10 to 15% drops every day will be continuous until there is some huge news, which according to waggs might be months away. "
i feel bad for everyone who panic sold yesterday. in a week or less we will be back at the pre-call PPS and waiting for IND. People sold and took thousands of dollars of losses based on fear. Only the strongest investors were buying yesterday, accumulating and averaging down in their positions. Why do I say this? Because for those of us that have BEEN HERE FOR YEARS we know there are some facts. First, we have been in this cycle many times. We have been lower, and we ALWAYS and I mean ALWAYS bounce back. I would be willing to bet the home that I live in that this stock will be back at $0.07-$0.10 WHETHER THEY FILE IND OR NOT. This stock goes on runs. If you sold yesterday, the people who wanted your shares won. The smart ones accumulated their position, averaged down and now have infinite more options regardless of whether IND is filed or the stock succeeds. Panic selling is for losers and the weak. If you sold, you prob just allowed someone else to make money off your shares and helped get shares in much stronger hands.
I sold every share I own at .05 and then rebought with every dollar at 0.037 and added 60k shares to my portfolio. I’ll buy at 0.03 and 0.025. The weakest hands are getting shaken and the trading potential is high right now.
move your money to BTC or ETH, way more value
i still believe in PMCB but not as much as I did earlier this year. I sold my entire position at $0.05 at open today for a big loss, and will rebuy back that position in the 0.02's and take the rest off the table and just hope they eventually come through.
sometimes you gotta just take your lumps. they simply are just not close, and there is no way you can take KW at his word anymore. They have no clue if this will ever get to a trial.
He should sell the company/rights to the tech asap
this is correct. everything he said was honest and truthful and he did not paint a picture filled with rainbows and pots of gold. the only concerning thing I heard was TD2 not being the CRO, but keeping DVH on as a consultant. Losing DVH is big, any way you slice it. I find it hard to believe they dont have the infrastructure to run a 250 person trial, but obviously who knows.
that being said, KW manned up and told us about all the delays and issues they have had. It looks like they were overcome and 2018 is the year. I have nothing but time, tomorrow will be a bloodbath though.
cant even start a conference call on time, LOL, I kid I kid!!!
I personally am prepared for the absolute worst, praying it is good news, and think realistically it will be somewhere in the middle. I think We will get some positive stuff, a delay, no real timelines, and remain status quo.
its a massive concern for me. anyone who thinks this is going to $1.00, $2.00, $5.00, $10.00 even on amazing news, please enlighten me how that happens with this share structure, as I just dont see it possible.
noone can give you this answer! it all depends on what is said on the conference call. if it is bad, you should have sold before. if it is good, selling before will be a mistake that could haunt you forever
i think its going back to 4's for sure, the question is whether its going to 3's.
where are you buying? are you buying? I would buy again in the $0.035-$0.04 range to strictly trade as I think the chances of this going back to $0.06-$0.07 short term are extremely high.
what heavy volume are you referring to? I am showing terrible volume as usual of like 270K traded
i dont give a flying F where they bring CIAB to market. USA, China, Thailand, Australia, The Moon. It matters nothing to me. If they get it to market and it works, we gonna be rich. PERIOD!
I personally have never posted on another stocks message board, only PMCB. Most of my other investments are boring. This one is exciting.
However I do post a lot on crypto currency boards where I am also moderately invested. Hopefully BTC can rise above and make this investment not hurt, even if it does go busto!
why are people saying conference call? It does not say conference call anywhere. It could very well just be a PR that is released by them as a shareholder update. Either way, this is not good for the short term. You dont need to do this if you are anywhere close to filing IND.
you realize there is a 0.00% chance this is going to happen, right? It is not even physically possible at this point. Honestly I have supported this stock for many many years, but the way they are being run straight into the ground by KW, I am pretty fed up. I really think they will be lucky to even have a trial at this point.
they would be in the Pharmacyte ARMY message board group. This is my last post for the day. If they are posted there in private and not shared here, I dont know what to say. People could go to jail for insider information if this dumping is from an expected delayed announcement.
please post this copy if true. If you really care about anyone not being scammed on this board, you will post this screenshot.
correct, he has never met a single date that he has said. And of course he did announce first patient enrolled Q4 2017 to the world. Looking less and less likely as each day passes by. He should never give a date ever again.
i dont normally like to agree with you, and I am not calling Pete a liar because there is no evidence either way, but copying and pasting an email onto a message board is not even close to enough factual evidence to be taken as legitimate
Pete if you want this to be taken seriously, you need to screenshot this email in your email inbox in real time, meaning emails above and below it in your inbox, all with timestamps, then screenshot the actual response as well and upload to IMGUR and post the link. You should make sure to wipe all EXIF data on the images.
I hope it is real, but without real evidence it can't be taken as such
Nah, the timeline is fact bruh.
Why have we not filed the IND? Well here is pretty much the guaranteed reason why. I mentioned this yesterday about the master cell bank and working cell bank. I added the bold points to the quotes below. Just the testing alone for the MCB and WCB is 12 weeks. That does not account for the growing of the cells and the procurement of the materials needed and the scheduling. Realistically, we are still a ways off from having the master and the working cell banks. See below at the bottom. You cannot file an IND without this. I think we are still at least a couple months out from having this ready just based on the 6/5 contract date with Eurofins.
From the 10-K - We contracted Eurofins
"On June 5, 2017, the Company and Eurofins entered into an agreement for the preparation and characterization of a GMP production cell bank for use in the Company’s therapy for pancreatic cancer. The agreement includes pre-bank testing, MCB preparation, MCB characterization, WCB preparation, WCB characterization, end of production characterization and related analysis, as well as optional testing. The total cost, without optional testing, is approximately $300,000."
Now read below from the interview about the process that is needed to actually create the Master and Working Cell bank
“Also, when working with a Contract Manufacturer Organization (CMO) to make your cell bank, some things are out of your control. For example, scheduling. CMOs typically schedule their manufacturing rooms out months in advance for their clients, so sometimes you need to wait in the queue for your turn. In addition, and perhaps most importantly, the MCB needs to be tested to ensure its quality, which is of utmost importance. These tests are also not tests that can always be done quickly. Sterility is a good example. This test is mandatory to ensure the sterility of your MCB and takes approximately 6 weeks to obtain results.”
“The purpose of creating a MCB is to provide a repository of live cells that are essentially identical to the material tested in clinical trials and throughout the development process. After creating a MCB, a Working Cell Bank or ‘WCB’ must be manufactured. Creation of a WCB is an important step, as it allows your Master Cell Bank to have a longer useful life.”
“This is an important point, and it’s worth illustrating. Let’s say you can make 300 vials in your MCB. Let’s also say that each vial of cells can produce enough drug product to treat 100 patients. That would mean you could potentially treat 30,000 patients with the entire MCB. Sounds like a lot, right? Maybe, but this MCB will need to provide cells to patients for years to come. At some point in the future, the MCB will be depleted. This would require another MCB to be produced, and in such a complex system there would be no guarantee that the original cells could be duplicated exactly. In the best case, this means extensive testing would be needed to prove that the new MCB is equivalent to the old MCB.”
“If those tests reveal differences that could affect efficacy, a new clinical study may be needed to demonstrate that the new MCB is equivalent to the old MCB. There is always the potential that it will not be equivalent. That is the situation the FDA would like to avoid, which is why a Working Cell Bank is needed. To make a WCB, you take one vial of your Master Cell Bank and grow it into more vials to become your Working Cell Bank. So, theoretically, you could get 200 vials of your Working Cell Bank from 1 vial of your Master Cell Bank. Assuming one vial of your WCB still treats 100 patients, you could treat 20,000 patients from only 1 vial of Master Cell Bank. Using this example, a 200-vial Master Cell Bank could treat up to 4 million patients. Compare that to the 30,000 patients you could treat with the entire Master Cell Bank, and you can see that having a WCB allows your MCB to go much further and last much longer.”
“Producing a Working Cell Bank is similar to the Master Cell Bank in that it takes time for the live cells to grow, and you need to test and release the live cells. Sterility testing is still required, and it still takes 6 weeks to perform.”
“Finally, with the Working Cell Bank ready, the drug product can be manufactured, tested and released. The FDA will want to see the test results that demonstrate the quality of the drug product in the IND. So, the IND cannot be filed until the testing of the drug product is completed.”
unless they literally say nothing about it, we cannot submit IND before they have a cell bank. if this entire silence is due to the testing/creation of the cell banks, so be it, but throw us a bone and tell us thats what you are doing.
There is no reason we should not have received the second part of the interview, with TD2 about where WE specifically are. Thats really pathetic on their part, and I have supported this company for 4+ years. Why even say it if you are not going to follow through on that? KW basically put an expiration date on the value of this company when he said FIRST PATIENT ENROLLED 4th Quarter 2017. If that does not happen, the value will be non-existent. And guess what, if there is going to be a first patient enrolled, the clock is really ticking on filing an IND. Any further delays will torpedo this to the ground. It truly is put up or shut up time. And ya know what, for better or worse, I am happy. Us shareholders deserve to know either way. If we wind up holding the bag, so be it, at least we know and can collect ourselves and move on. If we are in trials, fantastic, that is why we bought into them to begin with. Either way, the next 4 months will make or break us.
its very frustrating. We have not received any real update on anything since February. Totally understand that we have to get things correct the first time, but we deserve to know, for the good, the bad, or the ugly. Shareholders should not be kept in the dark this long.
the reality is this...
anyone here who says they know or do not know anything about a partnership, has to be taken with a grain of salt. the reality is that nobody coming on the ihub message board knows anything definitively.
the reasons people THINK there might be a partnership in place is due to comments from the CEO on Facebook about there soon being more Canadians than Americans at PMCB and the videos from the ASCO presentations. There have been breadcrumbs dropped in these avenues. Lastly 2 days ago Austrianova teased on Facebook about a new partner for Stem Cells, which some people think could lead to this meaning something for PMCB due to us owning 14.5% of Austrianova.
The people that think it is Johnson & Johnson are purely speculating because of the KW post about Canadians and because KW was in Toronto when he wrote the post which is very close to one of their labs. There was also an article written years ago about how they WOULD be a good partner.
Long store short, these are pretty much the latest details of the partnership speculation. Obv do your DD to formulate the best decision for you and your investment, obviously!
making statements like these and then offering no substantive proof is detrimental to the stock and the community in the same way that anyone saying a R/S is coming. I dont know ihubs policy, but for good or bad, people should not be allowed to make factual statements without having to back up the statement.
Well I emailed them and they told me they had heard about the technology and PharmaCyte. Interesting that you did not get the same reply. It seemed to me like they were eagerly awaiting Investors Hub message board user questions, and possibly had an entire department dedicated to it. I received my response so quickly! They must have sent your email to the wrong department.
yea this seems cut and dry, we don't have the rights to stem cells. this is a tease about a stem cell partner for Austrianova, this most likely has nothing to do with us. Doesnt mean there is not a partner for us, but I doubt they would be teasing an announcement for PharmaCyte, when they are an entirely separate company from us.
This is the only post of the entire day that is of any interest. Not sure what to take of this, but would love to hear about your sources without you divulging enough to blow a source. These are pretty definitive statements, and if true would be blockbusters.
i live 15 minutes from here, literally used to work almost across the street in my younger days. DMV4EVA!
i agree, i think it is exactly the opposite and I speak with a lot of groups of shareholders. everyone i have spoken to is as excited as can be, as we all know that we are super close.