PharmaCyte Biotech Inc (PMCB)

[Edward]

Can't get funnier than this, they curtailed operations and now want to increase the authorized to 133 million so they can raise more cash for them to take when they dissolve the company:



As previously disclosed, the Board has curtailed spending on the Company's programs, including pre-clinical and clinical "

https://www.otcmarkets.com/stock/PMCB/news/story?e&id=2344827

" to approve a proposed amendment to the Charter to increase the number of authorized shares of common stock from 33,333,334, to 133,333,334,"


Really funny, with a reverse split the Authorized usually goes down in line with the ratio of the O/S, in this case it will go up. Classic.

https://www.otcmarkets.com/filing/html?id=16205349&guid=Ef_-kHEFECV0Rch