First you finish phase I, then wait for the FDA to review, then move on to phase II. Hope you don't have more than a few dollars here, because you know too little about actc. They won't be done phase I by july, as they have not started cohort 3 (of 4) for phase I. They will not have started phase II before 2014.
Oh there's dear Karenlupa. You can count on Karenlupa for his/her doomsday scenarios ONLY. It's all gray, dark dark gray with no colors or sunshine to be seen ever again. Poor Karenlupa has a huge chip on his/her shoulder-poor thing must have bought in when ACTC was much higher-getting caught up in the excitement-and then could never get out unless she/he took the hit. Now it's BITTER, TABLE FOR ONE as she spews venom far and wide. You need to put electronic garlic around your I.D. to ward off her evil spells. Right before Christmas she set fire to that icy island that the misfit toys were living on before Rudolph and Santa could get there to save them. Poor Karenlupa and her striped socks, even when they dropped that house on her she managed to get up by spitting on the underside of the house and melting it away with that acid spit. She hurled one of her evil monkeys at Glenda, but missed of course, just as she's missing with her current predictions and lack of knowledge. Karenlupa, be gone before someone drops the pps on the rest of your portfolio.