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  • corruptbusinesss corruptbusinesss May 17, 2013 4:20 PM Flag

    Market Cap today is $176,700,000

    Not bad for a penny stock. But with 2.74 billion shares at end of 2013 the shares will actually be valued at .064 each if market cap stays the same. I bring this up simply to remind that dilution is why this stock stays in the .07 range. ACTC just admitted to doing what I assume no one else has ever done and not much reaction at all in the whole scheme of things. Why, for one thing it was announced in a totally inept way but still one would think the world would be rushing to our door but no such action. Why? Maybe because stem cell companies have terrible record for making claims that then turn out to be something less than advertised. What will it take for people to believe? JV with big name and big dollars or FDA approval so ACTC can begin generating revs. The first could happen late this year and maybe 2014; the second maybe 2015 or 2016 at the rate ACTC has been running these trials.
    PPS guesses are .10 to .17 within the next twelve months. If that comes about then after that we could see if things go well .35 to .70, then eventually someday maybe $10.00 before the split. But that could take ten years or so.

    Sentiment: Hold

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