....just shows how low this guy will go to get his way. He wants the 1B share increase to pass so that he can give himself and his cronies(BOD) more free shares before he releases great news about the trials. This guy sold over 11M shares, leaving him with a paltry 6M shares, then lied on his Form 4's about these sells, making him untrustworthy and unfit to CEO & Chairman of ACT. And the BOD has been complict in letting get away with this crime, so vote on the NO on the 1B share increase, NO on all BOD members, and NO on the reverse split, I sure as hell am.
Where do you find the truths you are stating "BOD has been complicit", "Then he lied on his Form 4's" "Can give himself and Cronies (BOD) more free shares"? If any of those statements were true one would think the SEC would have everyone under lock and key! It seems to me that the only one that needs to be under lock and key is you Keep! Your incessant ranting's about Gary and the BOD demonstrates a degree of paranoia that is unsettling! Please get help before you fall on your head.
Djmak, are you so native as to believe the SEC actually stops crime on WS? The SEC is one of the most ineffectual arms of the federal government, as they allow large firms who commit financial crimes to pay a small sum, but do not require them to admit guilt of the crime. Say that a firm commits a $1B fraud and is caught, the SEC requires them pay back a fee which far smaller than the fraud perpetuated, like maybe $100M with no admission of guilt, now is this a deterrent to others? Hell no its not, and thats why these frauds continual day after day.
You're a joke Keep. You whine on for weeks for Gary to do something to promote the company and then when there is something positive, your criticise him for doing so. Take a Midol and relax for the rest of the day.
Theres, are you calling the Maxim buy a positive for Gary? The stock just keeps going down, and yet nothing from our CEO & Chairman clown. He dosen't even have the courage to answer the Seeking Alpha article that reamed his management style, unless of course you believe that hiding out somewhere, and remaining silent, are good management styles.
Only a fool would vote Yes for giving Gary 1B more shares to play with, because he has shown he can't be trusted. And if you can't see this, then you're really braindead.
The only thing to vote yes on is the split. The split will allow for up listing as price per share counts, but make the management team get there based upon success in management, not diluting shareholders and bringing in more BS financing or buddy bankers.
Kry, at todays share price the split wiil need to be 100 - 1, and with nothing new coming from Gary the shorts will jump all over this stock driving it back into the ground, because without proof that the trial results are curing patients ACT has no potential for revenue, and w/o revenue this stock is nothing but speculative #$%$, and thats what got us to the 6 cent share price that we see today.
Keep....I agree....that is the only reason they need so many shares. With the data they have now...a 100 million shares could be worth a billion in several months. They need to focus on increasing the PPS not issuing more shares.
I may not have a million shares but enough for a big fat no on Garyboy just like time. Hope the will follow...