Edward
1 year ago
Comical isn't it.
It's for:
the underlying shares of convertible preferred stock and warrants issued by us pursuant to the terms of that certain Securities Purchase Agreement, dated May 9, 2023, by and among PharmaCyte Biotech, Inc. and the investors named therein, in an amount equal to or in excess of 20% of our common stock outstanding before the issuance of such convertible preferred stock and warrants (including any amortization payments made to the holders of convertible preferred stock in the form of issuance of shares of common stock and upon the operation of?anti-dilution provisions contained in such convertible preferred stock and warrants);
https://www.otcmarkets.com/filing/html?id=16722179&guid=1ID-kaPm862pJth
FIRST THEY REDUCE THE OUTSTANDING AND THE ISSUE CONVERTIBLE PREFERRED SHARES AND WARRANTS! TOO FUNNY!
$Pistol Pete$
1 year ago
Wowβ¦.more shares issue so they can dump it again
βto approve a proposed amendment to the PharmaCyte Biotech, Inc. articles of incorporation, as amended, to increase the number of authorized shares of common stock from 133,333,334 to 200,000,000; andβ