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  4. PharmaCyte Biotech Inc. (PMCB) Message Board

$PMCB Hoping these payments were for the Cypcap

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Post# of 1086
(Total Views: 4808)
Posted On: 03/14/2017 8:19:29 PM
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Posted By: Triple9
$PMCB

Hoping these payments were for the Cypcaps needed for the upcoming pivotal trial. Great for the timeline if the Cypcaps needed are already on hand.

Quote:
The Company owns 14.5% of the equity in SG Austria and is reported on the cost method of accounting. SG Austria has two subsidiaries: (i) Austrianova; and (ii) Austrianova Thailand Ltd. The Company purchased products from these subsidiaries in the approximate amounts of $372,311 and $121,910 in the three months ended January 31, 2017 and 2016, respectively, and $517,154 and $324,852 in the nine months ended January 31, 2017 and 2016, respectively.



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