Not sure even where to begin with this.
$PMCB has around 360,000,000 shares left to issue in total. In order to make $50M from that many shares the price would have to be around .15 cents.
BUT, if you actually READ the Shelf Registration you would know a standard form underwriting agreement wasn't filed. There will be no stock issued. No dilution. The only standard forms filed were for Notes.
As in someone could offer PMCB $50Million in return for a Note with terms: [???].
Interesting that IR has been saying the same thing to everyone who emails them: "once the IND is filed and first patient enrolled, partners could step up to offer investment dollars, it doesn't make sense for them to do so until then".
You have a legal document filed with the SEC by a top NY law firm backing up exactly what IR has been telling people via email and on Facebook.
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