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Maybe sometime in the future but not yet--so far as i know. My understanding is that, for now, all they can do is replenish the RPE cells that support the photoreceptors but they cannot create/replace the actual photo-receptors.
Lasers, what say you?
Which implies that the RPE cells should be given to patients asap! (i.e. not waiting till their vision has significantly deteriorated).
Ya never know. We hit $0.30 much faster than we expected! But i'm not demanding $0.50 (not this week, that is)...
You mean the small sale off Epic shares from which the $ gained went straight into Elite's coffers?
Thanks for posting that info, Lasers!
Lasers, are you saying that as of now we don't know whether 150K RPE cells led to greater visual acuity than 100K or fewer?
LASERS--I wonder: would therapeutic treatment use the largest number of RPE cells that have been tested?
i don't remember reading if more RPE cells led to greater visual acuity than smaller number of RPE cells did. Do you know?
There have been no safety issues with even the largest number, right?
LASERS--If i understand correctly, you are suggesting it might be possible for the procedures used in the clinical trials to be applied therapeutically to patients right away! Wow! That would be fantastic both for those patients and for us shareholders! Let's all send out this great thought to the Universe...
LASERS, do you think there's a reasonable chance of the pps reaching .20 this year?
I see now that insiders own so many free shares they will never buy them but if at least the new CEO would agree to be paid in shares like the CEO of ELTP does, i think that would be a very significant demonstration of confidence--and hopefully would inspire confidence in new investors to "buy, hold, accumulate"...
Lasers--someone pointed out that insiders never buy ACTC shares. Very important point imo, if true. If they did buy even a small amount, it might shore up some confidence among investors and potential investors. It was the insider buying at ELTP that initially inspired me to buy there and one of the main reasons i've stayed there and that is also what is needed with ACTC imo.
Good analogy Fern Wood! Human embryonic stem cells are the Gold Standard! And ACT does it without harming the embryo!
A partnership or some kind of JV would solve the debt problem, wouldn't it?
Also quiet when people are busy buying...
chuckanutman--what is the source of this quote? thanx
Drugdoctor--There has been no insider selling, unless you mean some Epic sales that send the $$$ directly to Elite!
We don't accept your FUD because know what's coming, thanks to the ongoing DD of our much-appreciated resident DD Long Geniuses!
Losses are just temporary blips on the way to Big Success for ACTC and its great gifts to humanity (and animals) as well as $$$ to shareholders!
Patience, friends...
A collective Valentine from us longs to JT, NH and Dianne. Some techie, plz set this up for Friday!
Better yet, let's all send Lanza a Valentine!
We know this study was essentially a replication of a previous study that was successful. Facts stated long ago by one of our resident and much-appreciated DD Long geniuses.
Yes, other companies have stem cell trials going, BUT they are not human embryonic stem cells (hESC) and that is what makes all the difference! HESCs are the gold standard! Nothing else compares. Read Lanza's statements. Just google it.
ACTC's stem cells are derived without harming the embryo. That's why the FDA gave them the go-ahead for the clinical trials. NO one else has gotten permission. Only ACTC!!!
Yes, veterinary medicine is big. One more source of revenue for ACTC, whose main mission is helping humanity--bringing the blind back into the light!
Remember, everyone, ACTC's stem cells are derived without harming the embryo. That's why the FDA gave them the go-ahead for the clinical trials. NO one else has gotten permission. Only ACTC!!!
If you want FACTS, keep it simple and read Lasers posts.
Due to following Lasers in ELTP, my account has gone from sub-zero to the moon. I expect the same from following him in ACTC!
It's the same method that has been used for many years by fertility clinics to check on the health or other attributes of an embryo where there are any questions--and those embryos have developed normally.
Read the website and/or other statements by ACT on this subject.
Couch, Thanks for great explanation!
Due to listening to you and Lasers--and acting accordingly--my account has gone from minus minus minus to plus plus plus $$$$$$! And i plan to continue on this path!
I suggest that others do likewise.
COUCH--How would that help us commoners?
NH has every intention of getting up-listed. That means at least $4.00 is on his agenda!
LASERS--please reply to this! (once again)...
Dr_Thorfin--Might be useful to bring that up at the CC!
NY Times article about how prescription opiates are gateway to heroin and how they are often used together or back and forth between them.
"Prescription Painkillers Seen as a Gateway to Heroin"
FEB. 10, 2014
JT said that IF there would ever be a R/S, it would be ONLY "from a position of strength".
(sorry no link but true longs will remember it from a CC).
wrt selling Novel: i recall that NH specifically said Novel would not (or perhaps it was "could not") sell Novel for 3 years. But i don't know why.
JT specifically said that IF they ever did a reverse split, it would only happen from a "position of strength" (I think that is a direct quote, otherwise very close).
Couch, Lasers--if/when a financial partner comes, do you think that will end the possibility of an R/S ?
Thanks Lasers. I'm gonna listen you just like i have from .08 to .31...
LASERS, As you know, many of us rely quite a bit on the facts you bring to the board. However, the take-away from two of your posts today is not clear:
88664 wrt Teva-ANI Pharma comparison to Elite-Mikah
88657 wrt structure regarding the 500 IPS units
I, for example, mostly just want the bottom line on these--like, is it good for us longs? Do JT and NH have as much skin in the game as before? Are their interests aligned with ours exactly as much as they were before or has their risk gone down while our risk has gone up?
Many of us care only about how the facts translate to what we really care about: the safety and ongoing success of our investment. Please help wrt the Big Issues being discussed right now!
Many thanks to you and blessings upon you.
wrt "Dilution"--i now see that Lasers said there is no new dilution from the $38 million conversion. (Post 88448).
I'm sure that is correct because Lasers is one of our top resident DD Geniuses.
'DR Ryan'--is that $38 million in preferred stock going to dilute the existing shares? or not?
Or it will dilute but be worth it to the shareholders because of the huge benefits from running those trials that will be paid for by the $38 million?
I thought NH could not sell for 3 years. Has that changed? I sure hope he doesn't! i like when NH's and JT's interests are the same as ours--i.e. LONG! hanging in at least till $4.00!