Replies to post #81149 on PharmaCyte Biotech Inc (PMCB)

[rcstock]

Thanks ACE. If they need to sell shares on the open market, this company is done ! They need a deep pockets partner so very bad. If our lousy CEO was worth a crap, we would have the funding already.
What an idiot ! If PMCB goes under do we shareholders still have the 14.5% share of Austrianova ? Bottom line : FUNDING WILL BE THE KEY !We all know the technology is great. If only we had some intelligent mgt.For those who say the phase 2b is a good suggestion, it is. AND WAS A YEAR AGO. Wonder who has the authority to replace KW ??
Austrianova ??

[1234jklm]

It looks fine Ace.

These are statements to cover future liabilities.

They’re not what the company is going to do.

It’s there to protect their butts.

Just like kw’s issued the news of a 2b as a risk clause.

Yes it’s going to cost more and add risks because they’ll need to do a phase 2b and a phase 3 now.

But if it’s as good a technology as we believe we’ll be bought out after successful 2b or we’ll get fda approval as a breakthrough therapy and that will make it even more valuable.

Or the share price will rocket on successful news.

Unlike the way it would have dumped if our pivotal ind had been rejected.

Ignore the clauses. They’re standard imho.

I think this is great news.

How do you replace kw? Good luck with that. I have no idea.

But I suspect he will retreat shareholders fairly because he wouldn’t want to have to face some of the tough guys who own shares in this and have committed their hard won earnings to it. And I think he wants to sell his 54 zillion shares at a large buyout price.