PharmaCyte Biotech Inc (PMCB)

[DragonBear]

Can't we get together as shareholders and demanding a shareholders meeting?

Under the bylaws one should be able to. The glitch is the question: Are those bylaws still in effect? Not sure, but believe one can pay the Nevada SOS, a sum of money, and obtain a copy of the current bylaws.

Any law for that?

There's a reason why Microcrap scams like to incorporate in Nevada.

Isn't it his fiduciary duty inform the shareholders for any material event?

Kenny sort of did unofficially with the PR announcements of the IND going in, and of a Hold. But he never filed an 8K for it, as a material event. He has cover for not filing an 8K. As I have posted repetitively, filing an IND is not considered material news by the biopharma sector. It really is a Big Whoop. Making the results of the IND filing not material news. Real biotechs except a rare few I've seen, skip mentioning the first INDs filed. Material news ends up being all about the CT started afterwards. Start a CT - an 8K goes in. Dose the first patient - another 8K goes in. And of course any status change - Hold on a CT, or results requires an 8K.

Kenny seems to be on solid ground. The IND not considered a material event. And who knows whether the bylaws have changed from the original ones. Along with any changes they have made since SHs voted to grant them such powers at the last, and only SH meeting.