"According to the webcast they are supposed to be initiating Clinical phase two on both types of Macular degeneration in Q4."
Yeah, Bird, they always imply that they about to announce something earth shattering, but it's always been empty words, as their actions speak much louder than words, when they request 60% more stock dilution, along higher executive compensation.
And all the shown that they are good at is stock dilution for over 9 years now. And they seem to lack seem any real compassion for those with AMD & SMD. These folks that have been waiting and praying for a cure for years, but ACT management seems only interested in setting themselves to become multi-millionaires or billionaires before releasing the cure,Gary Rabin always implied; "We're not going to give the ship away cheaply!", proving that they've always been more interested the money and frame, than the patients to be cured.
Hopefully I am totally wrong about this, but so far there's been nothing concrete from ACT proving me wrong, and thats worrisome.
"Man why are you here if you don,t believe leave"
Juno, there is know one more ignorant than a blind believer, and thats you!
Karl, I've been in this stock 3+ years and have seen poor management the whole time, with Gary Rabins tenure being the worst. I was hoping Dr Wotton would make a difference, but so far with the 1:100 RS and nothing more, then having the gall to ask for 60% more share dilution, along with higher executive compensation, it was too much to bear, and I had to speak out against what appears to be more poor management decisions.
What makes this all so frustrating is that ACT(Dr Lanza and his team) appear to have the cure for AMD & SMD, yet, management just sits on their hands, saying and doing nothing, apparently due to greed with all those future dollar signs floating around in their heads. Meanwhile, the Japanese and Israelis are quickly catching up to ACT.
Hwpr, w/o news by Nov, ACTCD could become a penny stock once more. I just don't see these guys running ACT being so stupid as to believe that a 1:100 RS would solve the share price problem, do you? And if they're that stupid, God help us all, especially those with AMD & SMD, that have been lead to believe ACT had a cure for their blindness.
Because it sure has operated like it's living in a communist economy, and not like the capitalist economy that it's actually operating in. It's confounding that a company could be in existence for 20+ years w/o ever making a profit. So it's essentially been living off the welfare of others, especially it's shareholders.
And now, in Nov, they will be asking for more shareholder dilution, 60% more, along with giving themselves higher compensation, something is just not right with this whole thing, in fact it sounds a lot like a scam. And if you've ever watched CNBC's American Greed show, one day ACT could be starring on it.
....the Japanese and Israelis are making great strides in their stem cell programs, and w/o using ESC to boot.
WAKEUP DR WOTTON, BEFORE IT'S TOO LATE!
....at least it's to their top employee's, Lanza, Anglade, and Myles, all received 56K shares each, along with an option to buy another 112K shares at $8.49 per share.
"keep: 2 months is simply not enough time for a proper evaluation."
It is for me, Black. So will you give him a year, when he has nothing by Feb 2015?
"I'm drinking because you can't read? "
Every addict finds someone to blame for their weakness, and they'll never be cured, until they finally wakeup to the fact it's them thats at fault.
No, you have no idea what I am talking about, because you're just a blind sheep, who cannot face the truth.
Deme, and another burp by you. Don't you know that drinking and posting don't mix?
Deme,did I just hear burp a in this scatter brained post of yours?
Deme, don't drink and post, it makes you look more wasted than usual.
Theres, this recent investigation by the SEC of Gary Rabin, was reported by Reuters last week, look it up. And instead of always being the #1 denier for ACT's wrong doings, try checking things out for yourself, otherwise it makes you look foolish.
Freddy, your paranoia has you seeing me behind behind every tree. Maybe you need to see a psychriatist, because it appears that I've gotten inside your head, and it's a vast wasteland.
Pod, I'll take being partially correct from you as a compliment, thanks.