Thanks, Dr Wotton! What next? Dr Lanza leaving?
And I really thought that you would make a difference, but not in a negative way. Oh well, I am sticking around at least until Nov, so I can vote AGAINST all your proxy issues.
If ACT, Dr Wotton, dosen't come up with a better strategy than dilution and higher compensation for management, this whole thing will blowup on him, and us, too. The fuse is starting to burn.
Might have to change my thought, that ACT management couldn't be so dumb tas to think that the RS alone could fix the share price problem. Wow, and I also thought that Dr Wotton would make a big difference, and unless he gets some news out there quick this could turn very, very, bad, disasterly bad.
OMG, Minn, is there a bigger ACT management butt kisser than you on this board? I think not, and they will never be held accountable for their actions, which borders on being criminal, when they have nothing but a bunch sheep as shareholders. This company has been in business for 20+ years, don't you think it's about they produce a product that makes a profit?
But, Yahoo, this is the only way ACT knows how to conduct business, and thats to dilute the hell out of shareholder value, and yet top management never misses getting raises every year. ACT is not run like a real business, but rather a charity, a charity that just takes, and takes, never giving back.
I too am voting AGAINST all the proxy issues they put forward in Nov.
Georgie, I am going to hold until the shareholder meeting at least, and then vote against all issuses at the shareholder meeting. This all so distrubing, and especially that they are asking for higher compensation, hell, even Al Capone showed more compassion toward those he was ripping off, than has ACT management toward their shareholders, yet, many of these same shareholders will vote FOR everything that management wants, shareholders like, Deme, Elk, Theres, Dojo, Minn, and Info just to name a few.
Dilution, dilution, dilution, seems like it's all ACT management knows how to do. And changing the name, isn't that what criminals always do? And I don't know how Dr Lanza can still remain here, as it looks like Dr Wotton is no better then the past CEO's, who just ran the company into to ground.
And the last straw to break the camels back is the proposal to increase management salaries. How in hell can they expect raises when they haven't ever produced anything?
I don't know about you folks, but I am voting against everything, I am just fed up with this continual BS! And the only thing that save us now is a buyout, and if dosen't happen then there should be a shareholder lawsuit.
Deme, when you post stuff like this, where your thoughts and words all become mumble jumbo, slurred, and blurred, it means I've won, because you can't get any clear thoughts out in your defense, not that you have much of a defense anyway.
Deme, show me the money! When has ACT ever made a profit? And only someone who loves the former Soviet Union's Communists run economy, would love the way ACT has been run for the past 20 years. Was Stalin one of your childhood idols? And please don't talk about someone being stupid, when you voted for GW twice, and you still haven't figured out how stupid that was.
Aug, at least I am not as dumb as a slug, like you, who has no clue what going on, as you just jump into the fray when the stock is going up, then disappear when it goes back down.
Fruitcake, if I can't understand it, there is no way you will either.
And fruitcakes are always bad holiday gifts. So maybe you should call yourself cupcake, most people like cupcakes.
Yes, Facts, the vermin are at work, but they only attack the weak, and until ACT releases some great news it will continue to be attacked by vermin. Afterall the vermin are only doing what the vultures do in the jungle to carcasses, expect they do it in WS, which is it's own jungle, too
Where's the news? Without news it' wiil move down and with vengence, if the shorts begin to jump on it.
But hopefully there is a light at the end of the tunnel, a light brought on by ACT releasing some great news. I mean they can't be that dumb to believe a 1:100 RS would solve the low share price problem, could they? Naw, they can't be that dumb.
Deme, a big part of managements duties are to get their products through FDA & EMA approvals. And to be aggessive and pro-active in doing so, not just sitting around waiting on the FDA & EMA to make a move.
And I hope to God that Dr Wotton is in talks for a buyout!
Ahh, Deme, go collect some slumlord rent, so that you can buy some more shares at $12 or higher.
But I have to ask again: "Why is a Catholic girl buying stock in a ESC company, when she knows the church will condemn her to h*ll for doing so?"
"You wouldn't see anywhere near the same return versus ACT as a standalone."
Right, Theres, I've heard that same line for far to many years now. Look, ACT has been in business for 20 years w/o ever making a profit, which tells me that they don't how to create or market products, eventhough they have the folks in place, Dr Lanza and his scientific staff, to create products, but nobody at ACT for years has shown the skill to aggressively market these products, therefore someone like GE or Pfizer, who excel in creating and marketing products, would be a great great fit for ACT. And I believe that Dr Wotton knew this before he took the head job at ACT, and that he's been in contact and talks with these folks about a buyout. This is just my opinion, nothing more, nothing less.
Theres, I specifically said not to read this post, if you don't believe that ACTCD trades in the Pre Market. Take it up with the Nasdaq Extended Hours Trading Group, they put it out not me.