PharmaCielo Ltd (PK) (PCLOF)

Weeeee

Weeeee

As predicted the chart never lies

Top is in time for the pullback

.70s is the or a little above then a pullback

Speaking of charts, no wonder new Lead Director Lustig likes this one. The price is right, and someone agreed on the 13th with a million shares bought.

Yea I'm going to buy but its frothy on the charts

PCLOF is a very interesting company now that it's in a Marc Lustig deal
picked some up just under 50 cents last week
keeping an eye on this
given they are offering a PPM at .50 with 1/2 warrants at .65 I'd expect dollars in the next year or so if not way sooner given the market and the strategic significance of this operation for LATAM markets in particular

started a small position here.

Hindenburg Research
@HindenburgRes

PharmaCielo's response this morning is wholly inadequate and addresses none of the issues we raised, nor does it offer any refutation of the specifics of our report. $PCLO $PCLOF's press release simply declares everything in our report to be false.

We pointed out that a CURRENT director (and original co-founder) misrepresented a bankruptcy & engaged in what appears to be brazen self-enrichment scheme with $PCLO $PCLOF's CURRENT largest shareholder. The company simply re-iterates its bull thesis (which we also debunked).

Shareholders would have been better served by $PCLO $PCLOF commenting on the Cauca greenhouse that doesn't exist, the fact that partner General Extract belongs to a former $PCLO COO, partner XPhyto's CEO's history of failed companies, or plans to deal with cash burn.

As far as $PCLO $PCLOF's vague legal threat at the end of its response, we would encourage the company to publicly detail any and all facts and/or specifics rebutting our research. But we think the public will be waiting a long time for that response, too.

PharmaCielo: 100% Downside on Co-Founder’s History of Securities Fraud Allegations, Numerous Undisclosed Related Party Transactions and Operational

New report just out https://hindenburgresearch.com/pharmacielo/

PHCEF changed to PCLOF:

https://otce.finra.org/otce/dailyList?viewType=Symbol%2FName%20Changes

Whew !.....man.....Dodged a bullet there !

http://ih.advfn.com/stock-market/TSXV/PCLO/stock-news/80183714/pharmacielo-announces-trading-on-the-otc-market