I like Marc's response to this article.
"This is such a blatant hatchet job right from the start;
“One thing to note in their financials is a steady decline in revenues and hefty operating expenses over time.”
This is a research & development stage company, OF COURSE there are minimal revenues and hefty operating expenses – any prospective investor with even the most basic of investment knowledge would know this simple fact when doing due diligence on a r&d company!
In this sort of investment, you are investing on the likelihood of FUTURE revenues, not current revenues!
Minimal due diligence would make it clear that as far as an r&d investment goes, ACTC offers one of the better propspective investments available, and the quality of the risk/reward payoff n this case is immense.
This is yellow journalism, nothing more."
