Folks there’s nothing to say till they clear up the old baggage of A/G, SEC and financing. If they are not able to clean their balance sheet their hands are tied. They have been trying for about three years to get back to square one and they still have not done so. This year may be no different, who knows. If they once again announce dilutive financing it means failure again with A/G. Actually I would say it shows that our courts are broken but that’s just my opinion. Although ACTC could have brought suit against Caldwell’s estate but so far they have voted against doing. Common sense says Caldwell is at fault not ACTC as no one but him new what he was doing.
We should all be smoking what you are, good luck in your fictional world.
Unsinkable? Ya right, and we don't even have a Captain. ACTC is being run by committee. But passengers /shareholders keep lining up to buy tickets/shares. Makes no sense. Lemmings do what they do and feel fine till they hit bottom. Good luck to all ACTC lemmings.
Just when we were told by media, political, union, government persons that the vote was in the bag for the UAW. One official watching that things were fair said if the UAW looses here when they have everything in their favor they will need to re think about what they are selling. One voter when asked said " why vote to buy a ticket on the Titanic". It's a great day for freedom loving folks in America.
A great day for Workers and America's hope of bringing back manufacturing jobs to this country. Every media, union and government person thought the vote was in the bag for the union. One official close to the action commented that if the UAW doesn't win they may want to rethink what they have to sell. One person that voted asked, "why vote to buy a ticket on the Titanic". Anyone that has an ounce of personal confidence or spirit to take ownership for the job they do can feel good today. Anyone that has experienced a union workplace and left feeling depressed and sad can feel good today.
A great day for workers and America's hope to continue bringing back manufacturing jobs to this country. Every media, union, government person thought the VW Plant was in the bag for the Union. One official commented that if the UAW couldn't succeed here when everything was in their favor they would be finished. When asked one worker who voted said, "why vote to get on the Titanic". All that's left to say is Mr. President, you have failed and your far left group of supporters have failed. 2014 the Senate will be liberated and in 2016 the White House will be reclaimed by the people once again.
Nothing funny about ACTC but what is it. Gary was fond of saying they were "A World Class Company" obviously that does not fit. 35 employees no revenue of any consequence and 3 billion shares soon to issue many more with law suits, SEC investigations, ex CEO that sold millions of his shares 27 times not telling anyone while selling the company’s virtues to others for them to but shares, and Matt Vincent disbarred lawyer. On the other hand you have Robert Lanza one of the top five scientists in the world and a BOD made up of folks like Robert Langer with an impeccable reputation and several other BOD and Officers that have great reputations.
Of course Gary is gone now and Matt is ingratiating himself with retail investors but how that might end who knows. Not sure that his statement in support of Gary was a smart move with his history but we can hope for the best I guess. Still it’s hard to know how to think about this company. Especially since they are now choosing to keep silent. I have no clue how this is going to end which scares me a lot.
Matt Vincent submitted his resignation from the Bar while disciplinary charges were pending. The Board recommended that the resignation be accepted as a disciplinary sanction, and the Court entered judgment so accepting the resignation. This was a result of Matt presenting invoices to the Legal Firm he worked for without supporting documentation that the charges were real.
Then in another matter - original complaint against Ropes & Gray, CSHL alleges that former Ropes & Gray attorney Matthew Vincent included certain of the institute's intellectual property into a patent application filed by Arrowhead Research subsidiary Insert Therapeutics, which was later merged into another Arrowhead company, Calando Pharmaceuticals.
If this company isn’t a Scam they sure know how to impersonate one. Once again they create the false expectation, this time it’s Top Line Data. Along with how great their trial results are and all the interest by Big Pharma the list just keeps going. No reason now to think this year won’t be a repeat of last unless they finally fail to find financing or idiots to keep buying their diluted shares.
I'm guessing ACTC wants to settle this case now, which I assume means that once again we give away the store. If we're lucky, maybe just 3 million dollars. Many have seen their shares diluted to nothing over the last three years. Last year was going to be the make or break year and of course as we all know it was a wasted year. Now we are told 2014 is the year that we finally see shares increase in value, but the absolute most we can hope for is may be .45 and thats only if management sells the company. I don't think they will but who knows, maybe that was the real reason for Gary leaving. Bottom line is ACTC is pretty much a bust for anyone thinking they were going to get rich. Perhaps if you have a million shares and you can keep from selling for another fifteen or twenty years you might make million or more but talk about risky, whew. I'm no expert on stem cells but it seems to me the science is going to have a tough time for a very long time. If somehow we see .16 this year I will sell thinking there will be many opportunities to buy back much cheaper. Not that I would. ACTC might be worth a look in two or three years but not anytime soon. This company is simply not managed very well and I doubt they will attract a CEO of any significance.
ACTC management historically only had contempt for their shareholders. They used and still use shareholders to fund their operations. I would warn people who are tempted to buy shares to wait and see if management makes good on their objective to find financing that does not dilute shares. Until they are able to do so, pps will continue to go no where. Obviously there are many retail investors that get seduced by the promise of the science but the promise has no value as the pps continues to show. I think the company saw many of their long time investors sell last year and is what has prompted them to promote TLD and other potential good news. None of which has happened.
This is still just speculation by a small group of investors. I'm wanting to see several hundred million shares being traded in a day. that's when we'll know this thing is for real.
But that doesn't mean this could not be different. Caution is called for to say the least. I'm taking a little off the table as we move up, but we may keep going up if news has leaked. Who can say?
How long before we take off either up or down. I suspect the smart money is betting down, I'm sorry to say. Just too much bagage with this company but of course that's what causes an opportunity if their wrong and ACTC comes through for us. All we have now is hope.
Hard to imagine he would jump ship but then we are talking ACTC and a CEO that is a total embarrassment . ACTC was supposed to be the industry leader for Stem Cells after Geron took their exit. I guess we all new this could happen but we were drinking the Cool Aid.
I think this is a very bad sign. I know some are wishing this has something to do with a news blackout because of positive news coming but the company would say that if that was the case. The fact people are being told "I don't know" when they call is very troubling. I'm scared to death we are going to be getting very bad news. I hope not but this company is the worse managed company in thier sector. I wish Gary was man enough to admit he is out of his depth and leave.
Before an RS can happen if you believe the CEO the SEC issue had to be resolved which has now happened however we have a new SEC issue and who knows how long that will last. So, again we are waiting in limbo. This is due to our beloved CEO selling the bulk of his shares over the last two years without telling anyone. Of course him being an ex-hedge fund manager pleads ignorance. Its enough to make a grown man cry.