Are you really this much of a peabrain!? The 2013 numbers have been out since May! Wake up!
Your premise is that Rabin wanted the RS so he could short the stock - so if that were the reason why would Wotton follow? Rabin had ethical issues, but there are plenty of good business reasons for the RS.
Is this to be a new daily feature? Quite ambitious for you - a thought for the day.
Doubtful that your premise is correct.
Well the RS went forward by Wotton, not Rabin.
As for the other stuff to add, no one ever suggested that it would be all tied up in one nice little package. The RS was set to expire and they decided to move forward. I agree that if there isn't good news on a number of fronts coming, this will be a bust.
Typical, even when you're wrong, you're right.
Smitforbrains is mostly right again, but in being right he also trashes one of his other premises on insiders holding for the long haul. Options are viewed by most who get them as compensation. That's why they exercise them in the way described even if they believe the long term prospects for the company is strong. So it's a bit disingenuous to trash someone for cashing out options when it's the norm.
And he's also right that capital gains has nothing to do with it, because options are generally taxed at ordinary income rates - that point he failed to make clear.
Jshitforbrains - if you would pay attention you'd see that I've been pretty critical of this company - I just don't have quite the same vocabulary as you. I don't need instruction on options. I've had them at companies I've worked for and I hate to burst your naive bubble, but options are generally considered compensation. But note that it's mostly Lanza that exercises them. And while many companies use options they are given more generously at start ups - that was my point.
And it still remains the case that most of the insider options have not been exercised so there is incentive for this company to be a success.
Smitty is right even if he is an a hole in how he explains things. But what he leaves out is that these options are worthless unless the price of the stock increases. And actually can be quite lucrative - there is the value. Options were and are quite the norm at start up companies and have made rank and file employees quite wealthy. True enough, that in failed companies they are worthless.
Your timing as usual is perfect keep - a little dilution update from BTX today. Admittedly not 60% but give them time - they need lots of cash as well.
"On September 19, 2014, certain technical amendments were made to the Warrant Agreement, dated October 1, 2013, between BioTime, Inc. and American Stock Transfer & Trust Company, LLC, as warrant agent, for our common share purchase warrants expiring October 1, 2018 (the "Warrants"). The amendments were made in conjunction with our application to list the Warrants for trading on the NYSE MKT. To conform to the listing requirements of the NYSE MKT, the amendments include a provision requiring that, in the event that we reduce the exercise price of the Warrants (which we do not presently plan to do), other than a reduction under the existing exercise price adjustment provisions of the Warrants, the reduced exercise price will remain in effect for at least ten business days. The amendments do not otherwise change the exercise price or the exercise price adjustment provisions of the Warrants."
Can't let him spew nonsense or erroneous information - others might actually think he knows what he is talking about.
Find me even one broker that will trade this after hours? You've been shown 4 of the largest retail platforms and NONE trade this, NONE. Also, as pointed out everyone of these trades is within seconds of the close - they are just late postings
You are clueless keep. If you EVER were in any type of senior manageent position you'd understand that mgmt WANTS to put out good news as soon as possible. If they could they would.
You know what I mean dolt, I'm not talking about blasting adult stem cells into people and hoping something good will happen. BUT WHAT PRICE ARE YOU WILLING TO SELL THE COMPANY FOR KEEP?
At what price keep? I don't think you have any comprehension what a sale now would mean for your investment. The only way that would make sense is if ACT has no other way to get to market. In case you haven't noticed there is no product to bring to market, nor has any other company had a stem cell product approved yet.
Now you're just full of it aren't ya keep. You were whining about it being a new investigation and all ya had to do was read the SEC PR.
As for the CC I don't think I even commented on the lack of questions so what are you even talking about?
LOL Keep. You were squawking about it being new charges just a few days ago.