Replies to post #15868 on PharmaCyte Biotech Inc (PMCB)

[bulldurham]

@Hacktheripper....

Lincoln Park

*Public Investments
*No board seats arms length investor
*No shorting or hedging
*Negotiated Non-Control structures

[Chefboy69]

i agree we are headed to .40 on Monday and then a bit of a pullback but by Friday back up to .40

GLTA

[bulldurham]

@ Hacktheripper...the point is you insinuated to the mb that Lincoln Park was a short...that is a false statement....

as per the legal agreement:

(d) Prohibition of Short Sales and Hedging Transactions. The Investor agrees that beginning on the date of this Agreement and ending on the date of termination of this Agreement as provided in Section 11, the Investor and its agents, representatives and affiliates shall not in any manner whatsoever enter into or effect, directly or indirectly, any (i) “short sale” (as such term is defined in Rule 200 of Regulation SHO of the Exchange Act) of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock.

(i) No Short Selling. The Investor represents and warrants to the Company that at no time prior to the date of this Agreement has any of the Investor, its agents, representatives or affiliates engaged in or effected, in any manner whatsoever, directly or indirectly, any (i) "short sale" (as such term is defined in Rule 200 of Regulation SHO of the Exchange Act) of the Common Stock or (ii) hedging transaction, which establishes a net short position with respect to the Common Stock.

so as to if or when they sell the initial shs...it was only 8 million shs initially...we traded over 39 million shs just on Friday....put it into perspective..they could of sold every sh at .29 on Friday....who cares...