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MGM Resorts International Message Board

nameofthegame777 7 posts  |  Last Activity: Aug 27, 2014 10:36 PM Member since: Apr 13, 2011
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  • Reply to

    Clear headed thinking by management

    by nameofthegame777 Aug 27, 2014 6:52 PM
    nameofthegame777 nameofthegame777 Aug 27, 2014 10:36 PM Flag

    jnichols_9627111 "Wow 6 posts since 2011... I hear you....and thanks for the wisdom...Thump up...."

    I used to post periodically on Yahoo until the format change.
    You can go to stocktwits under nameofthegame7. Archive my posts.
    I don't post they any more, I was just trying to help a few investors
    try and make back some of the money they previously lost. Nothing to prove here.
    I will not be responding to anymore of your posts. Have a nice evening

  • nameofthegame777 by nameofthegame777 Aug 27, 2014 6:52 PM Flag

    I don't post much. I have personally been involved in many a turn around plays of public stocks at the absolute bottom in price. ACTC is beginning to act like all great turn around stories do. They have a corporate road map, and now they have a highly regarded CEO. If as an investor you have been successful in buying turn story stocks at the bottom you should be happy if you bought Advanced Cell Tech between .06 - .07 recently. Clear headed thinking by management to do what needed to be done before not after the highly anticipated peer review report is released as the company has increased the ability of biotech funds and funds in general by several 100s of percent that will be able to buy ACTC stock and most importantly the stock is now margin-able.

  • Reply to

    This is CEO Dr. Wotton public address

    by nameofthegame777 Aug 8, 2014 4:53 PM
    nameofthegame777 nameofthegame777 Aug 8, 2014 6:30 PM Flag

    What are you talking about. IF the stock falls down to the .06 level I would be willing to buy some more shares. I already have a full position, so if it did drop to .06 it would be willing to buy a 4th wave. Don't try and imply what my motives are other than what I've stated, period

  • Reply to

    This is CEO Dr. Wotton public address

    by nameofthegame777 Aug 8, 2014 4:53 PM
    nameofthegame777 nameofthegame777 Aug 8, 2014 5:38 PM Flag

    A final point, I have accumulated a very nice position between .06 - .062 If the market is willing to sell me more shares at that .06 buy point again, I will be there to complete my 4th and final wave, call it a bonus wave of buying. I do this professionally for a living and I'M VERY GOOD AT WHAT I DO.

  • nameofthegame777 by nameofthegame777 Aug 8, 2014 4:53 PM Flag

    The conference call is a chance for the new CEO to position the company going forward, with any new leadership comes the mission statement moving forward. In order for shareholders of any publicly traded company to benefit long term from positive developments at a company you have to believe in the management team. If you asking's all about the cost of financing dollars. The more confidence the higher the stock price the less dilution which doesn't negatively effect the cap base This is CEO Dr. Wotton public address to current and the very real potential of large shareholders going forward. Do I expect Dr. Wotton to leave investors with upbeat message, of course, why else did he come hear AT THS TME, surely not for the salary, that hardly jet sets you and the family to the Hampton's for more than a weekend or so. As we all know its stock and warrants he's received at very attractive prices, especially, when one considers the time consuming issues of previous managements indiscretions have been resolved

  • Reply to

    Report suspected securities FRAUD to SEC:

    by bclark49548 Jun 20, 2014 2:43 PM
    nameofthegame777 nameofthegame777 Jun 20, 2014 5:18 PM Flag

    The term Death Spiral funding is a term used to describe a convertible security that converts at a discount to the market price at the time of conversion, but HAS NO FLOOR PRICE PROTECTION.

    This type of funding is also referred to as a toxic convertible or floorless convertible since the investor can keep converting below the market which in many instances can greatly dilute the companies shareholders and continually drive the price of the shares down.

    The lack of a floor price on a convertible security is a very risky way for a company to raise capital. Small companies that cannot otherwise raise capital sometimes have no funding options available to them and there only option, as a last resort, is to accept a death spiral convertible funding structure.

    There are exceptions or a few scenarios to why a company would do toxic convertible funding.

    Do your own due diligence reviewing all SEC filings, don't relieve on the company press releases or place much value in services that are being paid to promote a company's story

  • nameofthegame777 nameofthegame777 Jun 19, 2014 5:04 PM Flag

    Just another classic example of what toxic money can do to public shareholders equity investment -

    The average shareholder, who is typically not involved in the day-to-day operations of the company, relies on several parties to protect / further his / her interests. These parties include the employees, its executives and its board of directors. However, each one of these parties has its own interests, which may conflict with those of the shareholder.

    The board of directors is elected by the shareholders of a corporation to oversee and govern management and to make corporate decisions on their behalf. As a result, the board is directly responsible for protecting and managing shareholders' interests in the company. If that was the case toxic financing would not be tolerated by the members of the board.

    For a board of directors to be truly effective, it needs to be objective and proactive in its policies and dealings with management. This helps to ensure that management is generating shareholder value. A more objective board of directors, or one that is separate from a company's management, is more likely to promote or protect the interests of the company's shareholders. For example, a board of directors made up entirely or primarily of management would clearly be hampered by conflicts of interest, and the preservation of shareholder value might not be a priority.

    Although the average shareholder does not have control over the board of directors or the day-to-day operations of the company, the ultimate responsibility for the protection of shareholder value lies with each individual investor. The investor is ultimately responsible for reviewing corporate policy and governance as well as for the compensation of managers.

    Final point, its still possible to regain investors confidence, but again that takes a degree skill in managing a turn around

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