With the hearing now set for April 29,2014, ACTC will be compelled to disclose just about everything in the way of information through its annual report filing with the SEC, due not later than March 30, 2014. Bad news would have to be reported with an 8K filing (like the restatement of financials), while good news, such as persistent successful clinical trials results can be delayed to ensure no misleading or inaccurate information is disseminated. Accordingly, NO NEWS IS GOOD NEWS!
Sentiment: Strong Buy
Thanks Facts. I was hopping they would have this mediated out by the end of March as planned, but at-least it's still going to happen. It's going to be an ugly number 3-400mm shares, but it allows the company to move forward and is the last blast from the past.
Larsondaviss, regrettably yes, it will likely settle with several hundred million shares which is why the additional 1 billion shares were requested. Partly for the settlement and partly to raise new capital post revers split. We are on the right road to complete recovery and substantial increase in the market cap of ACTC.
If we get AG settlement "quantified by judge" and not even inked as settled and revamped financials, then ACTC can shop partnership and get real interest as long as science is not a lie.
Hardlly think science is a lie with so many reputable board members and instituions as primary investigators--it would be bad form and very risky form research dollars in the future.
Do you know how long this will take? and really you can't beat dilution in the summer-August is delightful! While it's nice to pay A/G in devalued shares w/a sell calendar-it's brutal to watch. And why do you think the science is a lie-that's Keep thinking. The DSMB saw a need to move move. This is not Japan!
Agreed-great summation and post.
The day of deliverance is upon ACTC. And that's the nice part about SEC and legal requirements, but I still think the Judge should B?L*tch slap that Oceanside, CA attorney holding up settlement for BS.