....before the rest of the world catches up and leaves them in the dust. There's a tiny telescope device now available thats being inserted in the eye to improve visual acuity for those with advanced AMD, and also the Japanese are going into trials with IPS cells to cure AMD, which could make ACT's RPE cells created via ESC obsolete. The religious fanatics will be pushing for IPS treatments going forward, and banning ESC treatments.
The part thats distrubing in all this, is that ACT is just sitting by saying nothing, while the rest of the world is shouting out about their breakthroughs in AMD treatments. It's very troubling that ACT has been quite about the 20/400 to 20/40 patient, why? And it's still being reported all the time that ESC treaments for AMD and SMD destroy the embryo, which ACT claims it dosen't do, so why do they allow these untruths to circulate without responding vigorously to them?
There's something wrong in Kansas, Dorothy.......................WHY THE HELL IS GARY HIDING? WHY IS HE NOT FACING UP TO THESE ISSUES?
Keep, what is this nonsense. The Japanese have their government cutting corners. They haven't completed successful animal studies and they've jumped to human trials. The cost of their THERAPY, it's not a product, will be half a million per person, I'm assuming, I'm not sure if that is per eye. It's nonsense what the Japanese are doing. And ACT has a patent on RPE cells that likely will forestall their using their therapy commercially, I expect, though ACT may not prevent their trials. So I think your rant is nonsense.
Bio, it isn't nonsense because stories about possible adult stem cell cures for macular degeneration and other diseases are consistently in the news, along with the lie that the embryo is destroyed when removing embryonic stem cells form it, at least in ACT's case it's a lie. Yet, ACT is not responding to any of this, why? In fact there's nothing coming from ACT lately, hopefully it's because they've been busy getting all their ducks in line, and they are about to dump tons of great news on us in July, making this baby(ACTC) fly.
Beenhere a long time and I am not exactly getting all warm and fuzzy about the lack of info lately. That is why you limit what you have in this to a small part of your portfolio. Also you should not play what you are unable to lose.
The tiny telescope device is not a cure. The #$%$ are behind us and it would not make ACTCs treatment obsolete. Why ACTC has not spoken vigorously about not destroying the embryo or why the marketing group hired is addressing this is a good question. However, I believe this will all happen when Phase I is completed and properly documented and written up in a scientific journal. Until then, you'll have to be patient. I know this is asking the impossible though.....
"Until then, you'll have to be patient. I know this is asking the impossible though"
Nott, right now patience is all we have, but I've totally lost my patience with Gary as CEO, I believe he must go, in order for this stock to start moving up. I mean the guy has become mute, and hasen't the decency to update his blog to inform the shareholders about whats happening in almost six months, there's something very wrong about that.
Jw, I also think that the CEO, Gary Rabin, is on the hot seat for selling all those shares while attempting to do a reverse split, and then incorrectly filing Form 4's about it. And also that Dr Lanza spoke out about the 20/400 to 20/400 patient, because he see's Gary as being derelict in his duties.
I believe the month of July is going to very important on whether ACT makes it or not.