Propanc Biopharma Inc (PPCB)

[Marcovich2000]

Scam, Sham, or pyramid scheme or simply a struggling company is anybody's guess. Company has been in business for 17 years and hasn't produced a single marketable product, yet the CEO awarded himself millions in compensation and bonuses over this period despite a significant decline in the company's overall value and company's ever-increasing debt obligations. Board of directors consists of only 2 members (the CEO, Mr. Nathanielsz and Dr. Kenyon). Their only full time employee is Mr. Nathanielsz's wife Sylvia Nathanielsz. Also, the Nathanielsz, a chemist by trade, with no financial or accounting background is acting as the CFO. Just too many red flags! And after his dilution scheme is complete, I promise you there will be another reverse split (which most newbies here don't remember), after which time all of your investments will disappear once the note holder begin driven down the PPS on the sell off. Don't say I didn't warn you!