Nott, he did reply to a question about his Form 4 debacle, which gives hope that he may be still removed as CEO of ACT:
"I’ll take another question from the internet. Can you describe the history of what resulted in the form 4 files?
Well as you all know I’ve been working to get this company cleaned up for the two plus years that I’ve been here. And this is obviously very frustrating. What I’ll say is that the independent members of the board are conducting a review regarding the circumstances surrounding this as well as our internal trading policies and procedures. After they have completed that review, we will make any disclosures deal necessary. I can’t really say anything else about that now."