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Advanced Cell Technology Inc. Message Board

  • rockina650bmw rockina650bmw Nov 26, 2012 6:10 AM Flag

    Coming up on two year anniversary of Bill's death and

     

    we are headed right back to .o5. The biggest difference is the dilution, twice the outstanding shares. Rabin blames it on Bill's bad dealings, easy to blame the dead guy, but in reality, Rabin was the CFO and he was over seeing every one of those deals. And those deals look very similar to the last two finance deals he's done in the past year. IMO, it's time for a change in management. Gary and Robby are the only ones benefiting from ACTC. Obviously Bobby has to stay it's his football but Rabin is useless and incompetent. Where are the safety results? If the dosage post safety trial for a perspective patient is to be 100,000, has there been improvement in the trial parents that received 100,000 dosage? Not according to Maurey. So many questions, so much money lost. Down 30 thousand and growing impatient.

    Sentiment: Hold

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    • Rock, what you have seemed to forget is that these trails are safety first. All the early patients had sight conditions that were deemed incurable, and that way if they were to lose that eye it wouldn't be a total tragedy, because they would have evenually lost sight in that eye. But the first patients did report improved vision, and proved it by doing daily tasks like shopping on their own. And eventhough Maurie Hill hasen't shown conclusive improvement in her treated eye, she has subjectively seen light flashes in that eye, and there is effacy taking place in the retina area where the cells were injected.
      And the main thing is that there has been no tumor growths or other problems for any of the patients so far, and that in its self is great news.

      Sentiment: Strong Buy

      • 1 Reply to keep_investing
      • bump for keep

        +++++++++++++++++++++++++++++++++++++

        Rock, what you have seemed to forget is that these trails are safety first. All the early patients had sight conditions that were deemed incurable, and that way if they were to lose that eye it wouldn't be a total tragedy, because they would have evenually lost sight in that eye. But the first patients did report improved vision, and proved it by doing daily tasks like shopping on their own. And eventhough Maurie Hill hasen't shown conclusive improvement in her treated eye, she has subjectively seen light flashes in that eye, and there is effacy taking place in the retina area where the cells were injected.
        And the main thing is that there has been no tumor growths or other problems for any of the patients so far, and that in its self is great news.

        Sentiment: Strong Buy

    • Bill DeLorean did this to stay afloat-If you don't find a cure in time, you must dilute-GR's settlements ensured that we stayed in business-Maurie is about safety not a cure. Incompetent means no more co-What don't you understand?

      • 1 Reply to demetergreen
      • " Bill DeLorean did this to stay afloat........... "

        demeterdoof,

        Please research it more, and get back to us with a little cut and paste.

        232 that must be a record!
        By demetergreen.Oct 4, 2012 9:13 AM.
        Why don't you research it and get back to us w/ a little cut and paste. LOL you doof!

        Re: Re: Re: Re: Fortune Magazine
        By demetergreen.Sep 27, 2012 11:25 AM.
        I only read what I posted so I was very surprised that Grove couldn't figure it out-same principle as chips-produce cheap, sell high.


        : )

    • Per Rabin:

      ' Under the terms of the agreement, there are no upper limits to the price that Lincoln Park Capital may pay to purchase the Company’s common stock and this transaction in no way impedes or changes the Company’s goal of completing a reverse split and national listing. The Company plans to continue pursuing its stated corporate milestones of achieving a national listing ........ ' September. 20, 2012

      ' As you know, we are aggressively pursuing a reverse stock split, to be accompanied by an up-listing to Nasdaq.'

      ' We continue to move with great determination towards uplisting to the NASDAQ exchange with a concomitant reverse split to a qualifying share price. We have a very clear understanding of the few remaining boxes we need to check to complete the process, and are devoting significant management time to that effort .'

      ' With over 2 billion shares outstanding we can never get a listing onto the Nasdaq unless we were really close to commercialization.There has to be a reverse split.'

      ' In terms of the reverse split, the reverse, I’m holding off on doing the reverse as I said from the very beginning until we resolved these, the last of these warrant holder and debenture issues.I’m hopeful that we’re going to be able to put those to bed relatively soon because we’ve done a lot of other things to get ready for our uplifting and for our reverse. '

      ' Our position of strength is we have published data, and now we have additional data from subsequent patients, and follow on from the first patient that shows that we have a real proof of concept here.That is the most powerful position of strength that I can possibly think of.'

      ' I know very well that most reverse splits are are, ahh......at least in the short term, value destructive...'

      (Excerpt)
      Form 10-Q
      8-May-2012
      SUBSEQUENT EVENTS

      On April 26, 2012, the shareholders approved an amendment to the Certificate of Incorporation of the Company to effect a reverse stock split of the Company’s common stock, par value $0.001 per share, at a ratio not less than one-for-twenty and not greater than one-for-eighty, and reduce the number of authorized shares of the Company’s common stock in the same proportion as the reverse split, with the exact ratio to be set within such range in the discretion of the Board of Directors without further approval or authorization of the Company’s shareholders, provided that the Board of Directors determines to effect the reverse stock split and proportional reduction in authorized shares of common stock and such amendment is filed with the Secretary of State of Delaware no later than December 31, 2012.

 
ACTC
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