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Friday, September 15, 2017 8:44:41 AM
$PMCB has around 360,000,000 shares left to issue in total. In order to make $50M from that many shares the price would have to be around .15 cents.
BUT, if you actually READ the Shelf Registration you would know a standard form underwriting agreement wasn't filed. There will be no stock issued. No dilution. The only standard forms filed were for Notes.
As in someone could offer PMCB $50Million in return for a Note with terms: [???].
Interesting that IR has been saying the same thing to everyone who emails them: "once the IND is filed and first patient enrolled, partners could step up to offer investment dollars, it doesn't make sense for them to do so until then".
You have a legal document filed with the SEC by a top NY law firm backing up exactly what IR has been telling people via email and on Facebook.
Know What You Own. My posts should not be construed as investment advice.
Recent PMCB News
- Form 3 - Initial statement of beneficial ownership of securities • Edgar (US Regulatory) • 05/30/2024 08:05:04 PM
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