PharmaCyte Biotech Inc (PMCB)

[bonrox]

Look at your own investments. Would you want to buy in when the price is low or just after the company made a major announcment and drove it higher?

Pharmacyte gets no advantage by releasing a PR that Austrianova got the GMP approval. If the stock price goes up, Pharmacyte makes no money. Investors that sell are the only ones who make money. Selling unreleased shares to investors is the only way for Phamacyte to get money for operations and they cannot sell those if they won't go up in the future. Look at what KW just sold, it $1 million at $.12, twice the current price.

Austrianova on the other hand, wants to sell their manufacturing to others and that is why they released the GMP results.

They are also putting the IND application together. They would not do that if they knew that the GMP failed. Another words, would you put in a drivers licence application if you were blind and had no chance of getting it. It would be a waste of time and would serve no purpose.