"Does anyone know of another penny stock that has received funding in the past even close to this amount?"
Not off-hand, but I know of literally dozens that claimed they were going to receive similar amounts.
None of them ever did, of course - the mystery financier waiting in the wings is a staple of penny stock scams, but they never quite come through in the end.
Funny that.
And one or two of those companies went as far as to claim they had signed the deal, and misled their shareholders into thinking the money had been received, but it actually hadn't been.
The words to look for are "up to". $1 is in the range of up to $50 million, and that's the kind of wordplay that scams like AQLV depend on when they're pulling scams like this.
I can guarantee you that snake oil salesmen Wright and Hoffman will never receive $50 million from any third party, although they may get sued for that amount by relatives of the people they have tried to kill in Kenya through their highly illegal and unethical "clinical trial".
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