PharmaCyte Biotech Inc (PMCB)

[Peacefulwendy]

I agree. Congrats to our management team. I think buyins.net monitoring trade compliance may be making a difference. Nice purchases today. This additional monitoring may be boosting investor confidence...

SILVER SPRING, Md., Oct. 01, 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 ®, announced today that BUYINS.NET, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has initiated coverage on Pharmacyte Biotech after releasing the latest short sale data through September 29, 2015. BUYINS.NET will monitor the market makers of PharmaCyte Biotech’s stock daily for compliance with fair market-making requirements.

The SEC adopted Regulation SHO in 2005 to update short sale regulation in light of numerous market developments since short sale regulation was first adopted and to address concerns regarding persistent failures to deliver and potentially abusive “naked” short selling. Due to continued concerns about failures to deliver, and to promote market stability and preserve investor confidence, the SEC has amended Regulation SHO several times since 2005 to eliminate certain exceptions, strengthen certain requirements and reintroduce a price test restriction.

Regulation SHO requires bona-fide market-making activities to include making purchases and sales in roughly comparable amounts. The SEC has stated that bona-fide market-making does not include activity that is related to speculative selling strategies for investment purposes of the broker-dealer and is disproportionate to the usual market making patterns or practices of the broker-dealer in that security. Likewise, where a market-maker posts continually at or near the best offer, but does not also post at or near the best bid, the market-maker's activities would not generally qualify as bona-fide market-making. Moreover, a market-maker that continually executes short sales away from its posted quotes would generally not be considered to be engaging in bona-fide market-making.

http://www.otcmarkets.com/stock/PMCB/news?id=115736