PharmaCyte Biotech Inc (PMCB)

[oldmusky]

I went off on the company yesterday because I have gotten several snarky responses. What no-one here knows is I have written them several emails kindly praising them without questions. Then when I ask a question I get angry response.

They did not hurt my feelings. I don't have an emotional boo boo. This is what bothers me:

When you are fundraising or if you are in sales (I have done both) your most prized list of people to get money from are those that have already given you money. If they have already donated, they are more likely to donate again then any other John Doe. If they have already bought a widget from you they are more likely to buy another widget than someone who never bought a widget.

My point is you covet those that have already donated to your cause. Why do colleges throw alumni events? Do you think they are that happy to see you again? They are not, they are smoozing you for cash.

When PharmaCyte gets angry emails from investors. They should not be confrontational. That is the wrong way to handle it. They do not covet their only source of cash.

This is horrible business acumen and is a red flag for me.