PharmaCyte Biotech Inc (PMCB)

[DragonBear]

but guess what? this type of thievery is Legal.

Right on target.

The thievery up front was when PMCB was setup to be a conduit of funds into AN. AN licenses to PMCB usage off of their CIAB patent with 5 yrs remaining at the time. AN got close to $5M. Somewhere along the way PMCB got 14.5% ownership worth $1.5M on the books. Which is just an arbitrary figure. It was totally legal.

Posts in the past questioned: If it's a scam why hasn't the SEC closed it down!? The answer being, because no SEC regulations have been violated. There's no SEC regulation a CEO can't be overpaid. None that says a biotech must consist of more than 3 full time employees: CEO, retired project manager, and a CFO. Or that SHs can't be strung along with PR pumps loaded with statements of plausible deniability.

PMCB is a legal Microcrap scam. It can last for as long as retail is willing to buy the dumps of dilutive shares.