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I did not know that louisa, can you elaborate?
I think you called it right louisa. Some people have negative views about that show but what they fail to realize is it's impact and "HUGE" number of listeners on a national level!
It was awesome to listen to twenty2's interaction with Dr. Lanza and that he managed to squeeze in the company's ticker symbol!!
GLTUA.
I took it as they have had discussions among themselves but he didn't elaborate enough on it.
I believe so...there was a lot to take in last night so I am going to stay up and listen to the replay.
All in all a very positive and insightful interview!! :)
Robert Lanza on Coast to Coast last night...
"We are continuing to see stunning results in the 7 patients we have injected" and "We have actually had discussions about the possibility of treating actress Judi Dench".
WOW!!!
Sorry Graeme50 I thought you might be able to access them on the internet through the iHeart radio site?
For those of you who want to listen to DR. Lanza on "Coast to Coast" tonight, you can access the show on the internet or with an iphone or Android App.
Just go to iHeart Radio and look for one of these stations
KFI
WTAM
WXKS
WHYN
WIBA
In at 0.19
GLTUA
You're kidding, right? LOL
LOL! I can only imagine! eom
Good point elysse, some of those folks George has on there can be "way out there". Let's hope listeners can separate Dr. Lanza from those individuals. :)
Be sure to catch Robert Lanza this Tuesday on the Nationally syndicated show "Coast To Coast"!!!
http://www.coasttocoastam.com/show/2012/06/05
4.00 a gallon may not be the only reason but I'll tell you what...It's one big factor. When I was working construction I wasn't getting reimbursed for gas mileage ( As all of my co-workers were't ) So you're talking $600 dollars a month for gas more or less. Factor in the construction firm that I worked for and all of a sudden their transportation costs go up so now their bids go up. Can you start to see the snowball effect?? Now apply this to all the other industries! Okay... so now the price of gas goes back down. Can you tell me how many of these entities do the reverse when the price of gas goes down? Do they drop their prices back down? Maybe a few but very doubtful, and the cycle just keeps repeating over and over and over.
To surmise all this...No the economic situation isn't all driven by the price of gas but it sure as heck is a big factor!!
JMHO!!
Thanks for your help Cat. Won't have any funds available till after the weekend so hopefully I will still be able to get in at a decent price.
GLTA
MM at work again...the volume was never really that high to begin with.
JMHO
Neostem to present at six conferences in June
http://finance.yahoo.com/news/neostem-present-six-conferences-june-113106996.html
Thanks for the input Cat. I'm doing some DD on the company and so far I really like what I come up with. I have been following this kind of Technology off and on for the last 12 years or so and I think it's finally coming into its own. Full steam ahead and definitely no looking back!
IMHO
Curious to see how all this is going to effect our price at the opening.
Form 8-k for Advanced Cell Technology, inc
http://xml.10kwizard.com/filing_raw.php?repo=tenk&ipage=8298444
ACTC named as a defendant in suit by the SEC.
Advanced Cell Technology, Inc. today announced that the company has been named as a defendant in a civil action brought by the Securities and Exchange Commission related to transactions involving the sale and issuance of the company's securities. The SEC alleges that certain sales of shares to outside organizations, completed in late 2008 and early 2009 under the company's former management, resulted in $3.5 million in proceeds to the company in violation of
Section 3(a)(10) of the Securities Act of 1933, as amended. The transactions in question were conducted by the company's former management, and the company is evaluating its options for recouping any loss that may be incurred. The company believes that the litigation will have no material impact on its plans as an organization or have any material impact on its ongoing clinical trials or operations. The company will continue to cooperate with the SEC investigation and is examining all of its options for a prompt resolution of the litigation.
http://biz.yahoo.com/e/120531/actc8-k.html
I understand and feel your frustration Mike but for the moment we're all kind of stuck in this together. We all have to take a deep breath and wait and see what the company says about all this in its press release today before jumping to any conclusions.
GLTA
This looks like a very promising company. I'm considering taking a strong position in it.
Any comments would be greatly appreciated.
Thanks...
Some people would probably consider me nuts but I will take this opportunity to double down.
Thanks for the heads up milepost43
U.S. SECURITIES AND EXCHANGE COMMISSION
Litigation Release No. 22381 / May 30, 2012
Securities and Exchange Commission v. Mark A. Lefkowitz, Compass Capital Group, Inc., Mark A. Lopez, Unico, Inc., Steven R. Peacock, Shane H. Traveller, and Advanced Cell Technology, Inc., United States District Court for the Middle District of Florida, Civil Action No. 8:12-CV-1210T35MAP
SEC Charges Penny Stock Financiers and Two Public Companies With Illegal Unregistered Stock Distributions
The Securities and Exchange Commission filed a civil injunctive action today in the United States District Court for the Middle District of Florida against Mark A. Lefkowitz, Compass Capital Group, Inc., Mark A. Lopez, Unico, Inc., Steven R. Peacock, Shane H. Traveller, and Advanced Cell Technology, Inc., alleging that they violated the federal securities laws in connection with the unregistered distribution of billions of shares of penny stocks through the repeated misuse of the exemption from registration contained in Section 3(a)(10) of the Securities Act of 1933.
Section 3(a)(10) provides an exemption from registration that permits a company to issue common stock to public investors “in exchange for one or more bona fide outstanding securities, claims or property interests” without having to file a registration statement “where the terms and conditions of such issuance and exchange are approved after a hearing upon the fairness of such terms and conditions” by any court or any governmental authority “expressly authorized by law to grant such approval.” The Complaint alleges that the Section 3(a)(10) exemption was not available for any of the stock offerings at issue because the terms and conditions of the exchanges – including the fact that the issuers were raising capital through such exchanges – were not fully disclosed to the court.
According to the Commission’s Complaint, in or about early 2006, Lefkowitz, a penny stock financier, devised a strategy for penny stock issuers to pay off past due debts while, at the same time, improperly raising additional capital in reliance upon Section 3(a)(10). According to the Complaint, Lefkowitz executed his illegal strategy with Lopez, the chief executive officer of Unico, a penny stock issuer based in California, and William Caldwell IV, the chief executive officer of Advanced Cell Technology, a penny stock issuer based in Massachusetts. The Complaint further alleges that Peacock and Traveller, two penny stock financiers who learned of the illegal strategy from Lefkowitz, executed the strategy with Unico and other penny stock issuers.
The Complaint alleges that from September 9, 2006 through January 29, 2009, in order to satisfy the fairness hearing requirement of Section 3(a)(10), more than fifty pre-settled lawsuits were filed in a Florida state court purportedly to settle past due debts owed by Unico, Advanced Cell, or other penny stock issuers (collectively, the “Penny Stock Issuers”) to Compass Capital Group and several offshore financing entities affiliated with Lefkowitz, and Sequoia International, Inc., an entity affiliated with Peacock and Traveller (collectively, the “Financiers”). The Complaint further alleges that in each case, one of the Penny Stock Issuers entered into a written settlement agreement with one or more of the Financiers whereby the Penny Stock Issuer agreed to issue unrestricted common stock to the Financiers at a substantial discount to the prevailing market price, purportedly to retire the past due debt. The settlement shares allegedly were worth multiple times more than the debt that was to be extinguished and the Financiers agreed to remit monies to the Penny Stock Issuer following the sale of the settlement shares to the public on the open market. According to the Complaint, none of the settlement agreements submitted to the court for approval, disclosed, nor did the parties ever apprise the presiding judges of, the existence of the side agreements, that the market value of the shares to be issued greatly exceeded the debts that were to be extinguished, or that significant sums of monies would be remitted to the Penny Stock Issuers as a result of the Section 3(a)(10) settlements.
According to the Complaint, at the conclusion of each of the hearings, the Florida state court granted a Section 3(a)(10) exemption from registration and, thereafter, unrestricted shares were issued to the Financiers, who quickly sold the shares on the open market to public investors unaware of the dilutive effects of the new stock issuances. Also according to the Complaint, the Financiers subsequently remitted millions of dollars to the Penny Stock Issuers, either directly or through an intermediary, as financing, making it an improper capital raising transaction for the Penny Stock Issuers.
The Complaint alleges that Unico extinguished approximately $4.0 million in past due debts but separately raised more than $9.2 million as a result of monies later remitted to it by the Financiers. Advanced Cell allegedly extinguished $1.1 million in debts while separately raising more than $3.5 million through monies later remitted by or on behalf of the Financiers. The Other Penny Stock Issuers allegedly collectively extinguished approximately $1 million in debts while separately raising more than $1.2 million. The Complaint also alleges that Lefkowitz and his affiliated entities profited by at least $1.7 million from these transactions and that Peacock and Traveller profited by at least $455,000.
The Complaint alleges that Unico filed false and misleading disclosures with the Commission concerning the monies it received from the Financiers and that Unico and Advanced Cell failed to timely disclose the settlement agreements and issuance of over 9 billion and 260 million unregistered shares of their respective common stocks in connection with the Section 3(a)(10) settlements. In addition, the complaint further alleges that Peacock, aided and abetted by Traveller, failed to report his beneficial ownership of more than five percent of the outstanding shares of Unico common stock in December 2006.
The Complaint charges all of the defendants with violations of the securities offering registration provisions, Unico and Advanced Cell with periodic reporting violations, Lopez for aiding and abetting Unico’s periodic reporting violations, Peacock with beneficial ownership reporting violations, and Traveller for aiding and abetting Peacock’s ownership reporting violations. The Commission seeks permanent injunctions, disgorgement of illegal profits with prejudgment interest, and civil penalties as to Unico, Advanced Cell, Peacock, and Traveller; a permanent injunction and a civil penalty as to Lopez; disgorgement of illegal profits with prejudgment interest and civil penalties as to Lefkowitz and Compass Capital; and an order barring Lefkowitz, Compass Capital, Lopez, Peacock, and Traveller from participating in any future offerings of penny stock.
Lefkowitz, Compass Capital, and Traveller previously have been enjoined from violating various provisions of the federal securities laws, including the antifraud provisions, in connection with unrelated conduct that also involved the misuse of an exemption from registration of securities offerings. See Litigation Release No. 21319 (Dec. 2, 2009) and Litigation Release No. 20695 (Aug. 28, 2008).
SEC Complaint in this matter
http://www.sec.gov/litigation/litreleases/2012/lr22381.htm
Home | Previous Page
Modified: 05/30/2012
Caldwell
The ghost of William Calwell continues to haunt us!
Thumbs up okoil, all my support to u! ??
Cool article chuck... "A new beginning?"
Could this signal the beginning of regenerative medicine and the birth of immortality??
Good point Killtoy. Thankfully our DD with ACTC doesn't corelate with our DD with ancient civilizations! :)
GLTA
ACTC now presenting
The ACTC team is leading the way. They will be the pioneers...
Happy to be along on the ride!! :)
Scientists grow bone from human embryonic stem cells
http://medicalxpress.com/news/2012-05-scientists-bone-human-embryonic-stem.html?goback=%2Egde_1219397_member_117001704
I think it depends on what we hear from Gary at the conference. If we don't get anything new we will probably close out the day in the low 0.08's
Very nice perspective Drano. My entry point in this company was at .17. I took a very small position admittedly with very little DD and based solely on the science and Dr Lanza's accomplishments. As I took more interest I intensified my DD on the company and looked at every aspect of it, both positive and negative. The positive outweighed the negative by far in my opinion and so I started doubling down every chance I got. I now have a very strong position averaged in at .10
Rather than predict "Gloom and Doom", and call for Gary to be burned at the stake like many have. I have been looking at everything as a good opportunity to buy more. Am I happy that the price PPS ended up going all the way down to .065? Of course not! I realize that a lot of people were hurt by that.
Management may not be perfect in the way they have been handling the company lately but it's all really a matter of perspective. I for one am not going to pass judgement until everything is said and done. For those of us thinking that we are taking a big gamble on this stock, maybe we should stop and consider the ones that are taking a bigger gamble. The patients that are submitting themselves to these clinical trials are gambling with their lives...how does our gamble measure up to that?
GLTUA
Yes, interesting indeed. I've been following the threads from invest for a couple of days now and he has some interesting concepts. You never know! :)
Lets hope so. If it does it's going to be a very slow turn ...unless we get some good news.
Right there with you chuck! GLTA
LOL!! Class?? You are an APS player dude. A pump and dump promoter who by all definition rips off uninformed suckers, only now, the shoe is on the other foot!!! Class you say?? LOL!!!
What goes around...comes around!!!
"HAPPY TRADING"!!!!!
Don't worry about me, I'm not only holding on I just added some more today! :)