It would appear that with really 4.5 months left in the year that a JV must be announced at the next session or a JV will not take place this year. JV's are term sensitive and terms take time to negotiate and therefore I think that ACTC should be more concerned about keeping value rather than just getting something done.
The just get it done attitude has screwed more people out of $$$$$ than anything else in business transactions in my view.
IMHO.....I don't think a JV will be an issue as the science continues to work and the DSMB keeps on giving their approval to move onward.
However, ACTC still needs to clean up a few remaining issues within their organization and with the SEC before a real solid JV is brought upon the table for ACTC. I do believe these issues will be resolved this year all along our science will be progressing forward and then we will hear news of a JV......