PharmaCyte Biotech Inc (PMCB)

[Rameses]

Thanks for pointing out the obvious as we all know Iroquois is one of the company's largest shareholders. What is left out of this, however, is that Iroquois shorted the stock down to $2 along with several of their hedge fund friends AFTER Iroquois made millions by dumping all of the shares it received at $4+ as part of 2 public offerings when Iroquois and other hedge funds ran the price up on August 18, 2021, and triggered the warrants. They then got their warrants, shorted the stock, and began buying shares again from $1.79 to over $2 to amass a position large enough to threaten the company so that they can try to steal $80+ million.

Iroquois is VERY CAREFUL in its public statements not to say THEY lost any money because it would be a false statement that would have come back to haunt them during a proxy fight.

You included a line from one of their releases that makes my point. "Company's stock price trading almost 50% lower than the price at which our initial investment was made in August 2021, and at a significant discount to the cash on PharmaCyte's books." You notice they don't say WE lost 50% or that the price is almost 50% lower than the price of our investment; instead, they say our initial investment. They merely point out that the price, which they crushed by shorting it, is lower than the price at which their initial investment was made, which doesn't mean they still have those $4+ shares.