Well, wow, where to start? ...I've only been investing for about two years.
I'm only invested in two companies. Two small companies.
In short, at the beginning of my investment venture, I quickly learned to be cautious of certain ways CEO's do business, toxic financing, diluting, insider buying/selling, and unusually high outstanding share counts.
One of the companies I'm in, PharmaCyte Biotech, has me very excited of it's potential, but I remain "cautiously optimistic".
This particular company has a CEO (Kenneth Waggoner), that at one time in his career, headed a company that eventually became a flop.
However, in following his performance through investigative information found on the internet, from his past to present, I seem to be comfortable with him.
With that said, this company has an incredibly interesting drug/device technology (Cell-in-a-Box®) for helping patients with pancreatic cancer and diabetes.
To be successful with this drug/device and bring it to market, the CEO has put together an amazing international consortium of world renowned scientist and physicians, some who have helped in the development of big pharma(s) existing billion dollar drugs.
Over time, having been successful with studies and trials, and recently having a successful pre-IND meeting with the FDA, the company is about to submit an IND to the FDA for a "pivotal" trial.
Some low points:
Nearly 1 billion OS count No insider buying PPS remains low (manipulation???) Dilution (caused by compensation, compensating company execs, staff, and consortium)
My questions are: With the possibility of having a partner who obviously has the resources needed for trials, should I be worried about a R/S with the OS shares being at 1billion? PharmaCyte's executives have been compensated with MILLIONS of shares, so should I be worried that there hasn't been any "insider buying"? (personal cash purchases)
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