PharmaCyte Biotech Inc (PMCB)

[concordia]

A Biotech company that spends almost zero on R&D and sells shares at 90% discounts only to pay its management and bought "Names". Then allows 3rd parties to issue hyped up news so the buyer of the 90% discounted shares can make big money is by definition a SCAM. Remember R%D is not just money spent on inventing a product it is everything a company spends developing its product and all the people and vendors that support this development. So how does a company that calls itself a Biotech like PMCB spend a $ Million a qtr. on salaries non-R&D related and $ 18k a qtr. on total R&D. PMCB is and always has been a scam. Facts are facts. The 3rd party PR pumps cost as much per month as PMCB spends on R&D in a qtr.