PharmaCyte Biotech Inc (PMCB)

[oldmusky]

Dilution. Since I have been invested here they have increased the share total by %50. Even if something good eventually happens we are still hard pressed to make money here as our sliver of pie gets smaller and smaller.

Test Kits for Covid. These tests need to be sent to a lab, they are not instant. We live in a right now world. This may be the best test around but it is too costly to send to lab and wait for results, meanwhile you could be infecting people. My prediction is the test makes it through the FDA but is never widely used.

Facet Life Sciences(FLS) and the IND. I have no idea how much FLS has been compromised by the Covid outbreak but I believe they probably are. The delay hurts for sure, but I am more concerned that the company announces yet more tests that further delays the IND. This may be the point where I realize I am a sucker and will probably try to recoup what I can.

Stay safe posters!