The up list.................The Registrant’s common stock is currently quoted on the OTCQB, under the symbol “OCAT.” Upon commencement of trading on the NASDAQ Global Market on February 26, 2015, the Registrant’s common stock will be quoted under the symbol “OCAT.”
Dr. Eddy Anglade, Chief Medical Officer of Ocata Therapeutics, said: “We are pleased to receive ATMP status from the EMA. We view this as an important step to further enable the development of our novel biological therapy in the EU with the aim of seeking marketing authorization approval. Additionally, we interpret this as a favorable indication for how the European regulators view our therapy.”
The IPO lock-up is a common lock-up period in the equities market used for newly-issued public shares. IPO lock-ups typically last anywhere from 90 to 180 days after the first day of trading, and are in place to prevent shareholders with a large proportion of ownership (such as company executives) from flooding the market with shares during the initial trading period.
In United States securities law, the quiet period (or waiting period) has "historically [meant], a quiet period of time extended from the time a company files a registration statement with the SEC until SEC staff declared the registration statement effective. During that period, the federal securities laws limited what information a company and related parties can release to the public."
Under the rules of the Securities Act of 1933, as modified June 29, 2005, electronic communications, including electronic road shows and information located on or hyperlinked to an issuer's website are also governed. The rules changes of June 29, 2005, also included various changes which "liberalize permitted offering activity and communications to allow more information" for certain qualifying organizations.
Quiet period until the 12th...not sure if that is per SEC OR FDA..next Monday does not mean they can not up-list
Official at Scottrade told me that they cannot borrow my shares unless they are on margin. If you bought on margin if you put in a high sell order they can not borrow them.
Only 34 mill. shares if Ocata up lists with great news the shorts are toast.
I think they work at home for a short mm hedge fund that provide cover for there naked shorts.I doubt they actually affect the pps much.
Sentiment: Strong Buy
The question is how much do the shorts have at risk holding this down. My guess would be a bunch and with up-list and great news will they be able to borrow enough shares to cover? We could have a major short squeeze with in the next 2 weeks .