PharmaCyte Biotech Inc (PMCB)

[DragonBear]

So lets pretend the FDA approves the IND


That in itself will take a lot of pretending. Unless they agree at the last moment to go for Phase 1.

and that someone is going to fund the trial

And that would require pretending beyond pretending. Not only a $15M Phase 2, but any so called partner would be on the hook for a Phase 3 or triple it. And in the Kenny dreamworld if it would get approval, maybe $5-10M for a palliative indication? That insurers wouldn't pay for. Of course any partner putting up the money, would arrange it as a royalty payment once it hit the market. The going rate is 9-12%. So PMCB would get $500K-$1M per yr max as a royalty. Subtract out the $3.8M in recent operating losses/yr, and one still has a negative EPS. PMCB currently does better selling shares.

you can bet shareholders will get NOTHING

Simply because there is nothing to get. No partner. No successful trial. Just Kenny, and his PR pumps.