This is total speculation but what if ACTC leaked the 20/40 info so Lincoln Park could unload shares and then ACTC could get some of the committed funding?
I mean Lincoln Park can buy unlimited shares up to 34.2 million at .08 and sell everything it buys without limits so what is preventing this tacit agreement from actually happening before our eyes? It's almost perfect and plays into the uplisting argument of ACTC because without uplisting ACTC gets zero PE effect like trading. (I know no PE on ACTC) but the NASDAQ rumor mill would send it higher anyway.
Do your own DD and speculation but above is baseless and just for discussion.
anything is possible, but, I do not think Gr would risk another SEC problem as he approaches the first milestone of the studies. There are no secrets on Wall St. and if this was an orchestrated trading scheme with an intentional 'slip of the lip", we would be sent back to the corner by the SEC, FDA and others.
Your scenario is possible, but, not probable.
My theory is that there is a partnership deal done, simply waiting on final draft and signatures. The 20-30 million volume day's were not retail trades. Once time has passed that these trades can't be closely scrutinized, I think we get the announcement. In the meantime,the buyer has told his agent to secure as many shares as possible with a limit of .085. The agent is doing it's job, buying/selling to get the price where it needs to be to complete the buyers order. Contrary to popular belief in the retail trader world, it can take months for a large player to secure a long term position. They do not buy in a lump sum.
I respect your opinion but then again Galleon, SAC Capital, Madoff, Morriss and Raj kept secrets and there are many more secrets coming out everyday. I too have street experience and have worked off Wall S. but feel the oddity of this arrangement secretly unusual.
One step forward is for ACTC to display the terms and conditions for the Lincoln deal.
js, seems to me that you have been at this game a long time and have learned it well, congrats. I have about 70% of my holdings in ACTC! Wishing I still had them 475,750. I am still speculating on STEM, CUR, CTSO, NBS, NNAN, EVSI, CIG. Any of them look good to you, if I my ask?