PharmaCyte Biotech Inc (PMCB)

[concordia]

When a company merges with another company in a stock only deal the board authorizes additional shares to be issued to the company being acquired. In no reality of any kind does a company authorize a share increase of 20 times current level do a reverse stock split and then merge or be bought out. This is just another fantasy being posted like every other PMCB is going to this or that when really PMCB has been about one thing in its 25 year history. Send out a release saying what they plan on doing then sell huge blocks of shares, pay their management huge money then change business models and management and start all over again. PMCB is a SCAM that no company has ever shown any interest in. PMCB has an off patent gimmick technology that no other company wants or wanted. PMCB spent 7 years getting their IND perfect because they only had one shot and then submitted something the FDA must have thought a third grader wrote up it was missing just about every piece of data required.