PharmaCyte Biotech Inc (PMCB): This site is a computerized site which d...

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Re: $Pistol Pete$ post# 22702

Tuesday, 06/17/2014 3:02:32 PM

Tuesday, June 17, 2014 3:02:32 PM

This site is a computerized site which does not consider any future sales into the percentages. It does not say the whole story, but is very useful and I use it as a small part of my DD. Some things are way off base and others are dead on. Bankruptcy percentage can be contrived from different formulas and express entirely different results. (There is even contradiction on this site since it is all math formulas and that is not really a bad thing.)The formulas used are akin to the formulas used for different technical chart indicator, insofar as they are not perfect. The math percentages shows this is a risky stock. We all know that. There isn't any products on the market yet. This is a good website. It is partially free and you get a limited number of pages per day for the free use.
http://www.macroaxis.com/invest/ratio/NVLX--Probability-Of-Bankruptcy