It's no wonder the share price so insanely low, when you look at how ACT has been run
The horrible financing predicament that Gary always talks about, and the sleazy way the company went public in 2005. In 2005 they did a reverse merger under Michael West, with an Indian doll making company. I mean, who in the world could ever have confidence in ACT, especially when they find out how it's been run? None is who, and thats why they've had a share price floating around 6 cents for such a long time.
Gary will be starting his fourth year as CEO & Chairman in December, so it's about time for him to stepup to the plate and start producing, and I don't mean diluting more shareholder value, as he's been prone to do the first three years of his deplorable leadership. We should all get paid $1M a year, along with free shares, to do as he's done.
Well, Theres, I invested after they went public, did so because I was taken in by all the hype about curing AMD & SMD, also I read a bunch about Dr Lanza and was sold on his incredible credentials. And I am sold on Dr Lanza, but certainly not Gary Rabin, as I've documented many times here.
After I learned about the reverse merger with an Indian tribe that made dolls with revs of $2,500, I thought this was a sleasy way to go public, but that was past management. And because of the sleasy reverse meger I don't thinks WS took ACT seriously, can't blame them either, as one of their own who's now the head honcho at ACT, acts like a typical WS shyster.