"ACTC is a pretty good place to hide out since it is not generally influenced by the general market."
Hiding your money in ACTC, is akin to hiding it in the fireplace, then hoping nobody starts a fire.
Lets hope Dr Wotton has some to announce, too. I expect there will be something coming from ACT HQ's sometime this week, probably a precursor of the big stuff that will soon follow, one can only hope.
Boos, if ACT is going to do a RS, then it had better get it's act together before doing so, otherwise the traders who love shorting weak stocks will destroy ACTC's value, even more than the dilution already has. And by getting their act together I mean they need to release some earth shattering news before attemping an RS.
Now go take a puck in the head, for the team.
"do you think Wotton would have joined if there was an ounce of doubt where Lanza is going?"
Yes I do think he would still join the comapny, even if Dr Lanza were to go, because he has yet to renew his contract with ACT, so he could essentially walk away. But I doubt he will walk, because this whole thing is his baby, and Dr Wotton came on board knowing that things are almost there for ACT to make historical medical cures for blindness, and he will be the one to lead them during this historic period. And I believe if Gary Rabin were still Chairman & CEO, Dr Lanza would've left by now.
"Why is this a .07 stock?"
Lets see; no products = no revs & profits, a huge amount of shares outstanding(3B+), bad management(until now, hopefully). Of course none of this is Dr Lanza's fault, in fact he's the biggest reason for owning this stock. Now all Dr Wotton has to do his renew his contract.
Sky, I don't think they need to think about a RS at all. The truth is if they did it now ,or earlier when Rabin was pushing for it, it would've been an unmitigated disaster, because w/o profits the people who short stocks would've of swooped in and destroyed it.
What they should do after they go to market with the macular degeneration cures, would be to start buying back shares, because this would increase shareholder value, something that ACT has been adverse at doing for almost 10 years now.
Just dreaming a bit here, but when their profits become huge, thats when they should start paying out a dividend.
Ryan, wakeup, Sky is correct and this has been known for 3 weeks:
"The elements of the new arrangement with LPC include:
- ACT controls the timing and amount of any sales of common stock to LPC at a known price;
- LPC cannot require ACT to make sales, but is obligated to make purchases as ACT directs in accordance with the terms of the agreement;
- There is no upper limit on the price per share that LPC could be obligated to pay for shares of common stock under the agreement; and
- There are no limitations on use of proceeds, financial covenants, restrictions on future financings, rights of first refusal, participation rights, penalties or liquidated damages.
"Those are two most intelligent posts by blueclod and keepeeing I've ever seen."
Pod, you and intelligence are like oil & water, they don't mix.
Lonesome, what hours of the day do they allow you out of the padded cell? Because those are the hours that we need to ignore you, along with your RWNJ propaganda madness.
....before the Big Chief has a Pow wow with his tribe of shareholders.
Blue, the Browns have a wide receiver, Josh Gordon, who will probably be banned for a year by the NFL for smoking marijuana, yet they announced a 2 game(2 exhibition games)ban on a running back, Ray Rice - Ravens, for punching and knocking out his fiancee, then dragging her limb body off an elevator, and this was all caught on video. I hope Gordon sues the pants off the NFL.
#$%$ needs to impeached! And this is coming from an Ohioan that knows him for the Orange Trash he really is. Can you imagine someone dying their face orange? Only a RW Clown would do that.
"Seriously though, you really should diversify and look at other opportunities."
Nott, it's a bit obnoxious of you to think you should be giving financial advice to anyone.
Really, this coming from someone that voted for Gary's proxy's, now thats funny.
Theres, the only thing you know about common sense, is that you have none.
Facts, dropping share price on low volume probably means some of the rats are deserting the ship, but at their own high risk after this thing starts to fly higher.
And I find it sad that you've taken far to many pucks to head, Boos, but I would never make pun of you.
Not a great start for our new Wonderkind, Dr Wotton. But not to fear, as fame and fortune are near.