Replies to post #86956 on PharmaCyte Biotech Inc (PMCB)

[Gmc2020]

I believe they will announce a partnership soon after they file ind

[A_realist]

PMCB actually has 1.08bn shares outstanding. I for one would like to see a reverse split to reduce the float

[iwitness4jc]

Basil22, I believe you probably answered your own question on this.
"The standard strategy for small biotechs is to do the r/s and then sell more shares to raise capital."

Personally I don't want a r/s as it would destroy my and others positions. But (IMHO) I am expecting one before this is all through as no company is going to pay full price for this in a buy out as things stand right now or if they file the IND and move toward a clinical they will likely have to do a r/s to raise $$$ for it.

Either way I am expecting a r/s before we get to clinicals.