PharmaCyte Biotech Inc (PMCB)

[joe_techi]

They are almost out of money (again) and have a cash burn of about $100k/mo. That is salaries only (not stock) for KW, Crab, Truj, and the BOD plus a little left for rent. BTW those BOD members get about $100k/year in compensation. Not a bad side gig for doing absolutely nothing. KW only knows how to sell cheap shares and can't live without a paycheck seemingly. He needs those preferred shares and any other shares he can get his hands on to sell. It is getting scary since there is only a couple months of cash to cover salaries. His team might leave him. KW is such a good salesman he can sell them at 50-70% retail discount. But hey, endless shares, sell them off and make payroll. And the buyer of those discounted shares can sell them retail (there is always a newbie or kool aid long) and make enough to profit plus cover taxes. They need more shares to sell so vote for the flim flam team.