Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
They did post an update on their site - go look.. although you needn't bother, imo it's just the same recycled crap they've been regurgitating for the last 5 years - you know, "promising" contacts and distribution agreements in faraway places with companies nobody has heard of and who apparently don't sell any product ever. LOL..
The suspense is killing... I've been in this since early 2009, but the last couple of weeks have really kept me on edge.
"No news is good news" as the saying goes, but come on ACTC, throw us a bone!
Guess I misunderstood your post then, sorry. That's sometimes a problem with written conversation as opposed to verbal.
Get your facts straight. That was weeks ago.
And do they sell Kachina dolls now? No.
So again; no Lanza, no ACTC.
Really, you don't even deserve a response when making such a clearly obtuse statement.
Obvious troll is being obvious. Try harder.
....A?
Umgawaaaabanana!!!
Are you kidding??? If there was no Lanza, there would be no ACTC.
Exactly. Just decreases liabilities.
Again, where are you getting this info from??? Sources please. If it's conjecture, say so. A post from Homeslice just before yours says case was dismissed.. also unsupported claim. Sick of ppl making stuff up about this stock and claiming it to be fact when it isn't.
Now that would be awesome news.. but Yahoo boards aren't exactly reliable lol... I'm guessing there was nothing to back the claim up.
"your understanding"? Are you just making this up as you go along, or do you have some actual proof that there are independent arbitrators involved and false filings of default? Please support your claims if they are facts, or state that it is conjecture. Opinions and theories are fine if that's what they are, but please don't frame them as factual statements if they are not - it just creates more confusion otherwise, and there's more than enough of that here already.
You've got it all mixed up and out of context. I'm not even going to try to explain it for you - I suggest you go back to the first 8k, then the 10k, then the second 8k.
Who says it's false? Camofi doesn't, and nor does ACTC.
If Camofi jumped the gun on sending ACTC the original notice, it doesn't make much sense that they'd disagree with the payment amount now, and also why would ACTC pay it anyway if it was not a legitimate default? Sorry, I'd have to rule that theory out personally.
You could be right about big money guiding the actions. There's something going on, but what???? It's very frustrating that ACTC have clammed up entirely, even going as far as not clarifying the default situation in the face of an ~25% drop in pps when the default notice first came out. Some things just aren't adding up. I just hope the reasons are positive and not negative.
Grabbed a few thousand ($) more at 0.06 even today.. I wonder what is going on behind closed doors though - I'm getting the feeling now that maybe something really is moving (JV possibly?). The default was inexplicable to me and not a good sign at all when it happened imo, but it seems ACTC have paid out an extra $400k on top of the $1.2m to make it go away.. without dilution.. except Camofi are being asshats about it (there's a surprise, not). Perhaps a condition of JV was getting that liability off the books now, and default was the only way ACTC could do it? All speculation of course.
Some erratic trading in the last hour or two, nice to see it close green though.
Good question...
Umm.. that was SIX years ago and 2 different CEO's ago.. and as you said, they shelved it to go for the 'low hanging fruit' instead, which is actually a GOOD thing for shareholders.. LOL
Yes, I lost money here, because BIEL misled investors. I'm not blaming myself for that. If you want to blame yourself, then LMAO @ you.
ALL standard boilerplate disclosures for any R&D stage company, so what's your point? Companies which aren't open about these standard disclosures are the ones you should be wary of. Of course you know that already....A?
Sorry FVH, I can't reply to private messages - I am not a paid subscriber on IHub, and no way I ever will be after what I've seen their own admin(s) do on this very board. I consider IHub to be party to the manipulation of this stock at the expense of shareholders - the irony being that some of those shareholders pay subs to IHub.
Sorry, afraid not. As a victim myself, I feel I have a moral responsibility to ensure unsuspecting individuals are fully informed before they fall prey to the same depraved greedy self-serving sharks that I was sucked in by.
LOL.
True, have to give Jason props for trying.. would be nice to see all that effort reflected in the pps though.
And yes was here through the Farley era.. I still remember that interview by that guy up in Canada - forgot his name now, but spoke to him quite a lot privately at the time, but yeah that interview when Mrs F started (apparently) reading off a prepared page, but her inflections were all over the place and just omg I felt myself dieing a little inside out of embarrassment for her and at the same time knowing the the pps was doomed after an interview like that. It is still the all-time worst interview I have ever heard.. total cringe-fest. Were you around then? I think perhaps you were lol.
edit: googled a little and remembered who it was - Michael Vlaicu from StocksHaven. Interview itself seems to have disappeared into the ether unfortunately. Was back in September 2009.
I've seen this move by 50% on a trade of less than $10 for the day. Until there's decent volume, the daily movement is not indicative of reality. But it's fun to pretend it is, lol...
Define "major".
LOL.. well if I shouldn't listen to anyone, 'anyone' includes you..
'Anyone' doing due diligence on BIEL would know to run as far and as fast away from this sinkhole as possible. I don't need to explain why - if you actually did your dd, you'd know already.
LOL.. whatever. Nice one HomeSlice.
"Jason has taken this Neuroskin/avvaa company and products where they needed to go with the great support from Ruth all the way."
Perhaps he could take the pps to the same place, along with the shareholders who have suffered on this investment for years? I am down 96.8% currently.
Couldn't agree more regarding the history of BIEL. Saw the most recent PR - exact same recycled tripe as they were putting out years ago. With the number of alleged redistribution agreements worldwide now, this thing should be a multi-billion dollar enterprise. Of course reality says otherwise.
Oh, is Andy still 'financing' through the company set up in his daughter's name to siphon off all the shareholder funds?
Does Andy still go on extravagant overseas trips on the shareholder's dime, supposedly to attend related trade shows or meet 'promising' contacts in far away places?
LOL. Nothing is going to change here - pumps and dilution will continue ad nauseam.
Put it down to an abundance of caution is my guess.. everybody (almost everybody) has high hopes for this stock, and not without reason. Selling means capitulation. Most shareholders apparently aren't ready to do that just yet, preferring to maintain the status quo and neither sell nor buy until more information/clarification is made available.
Just a continued 'wait and see', although 2m vol for the day is extremely low.. I think when it moves (either up or down) it's going to move fast, like it did a few months ago. Be ready.
1:30pm EST and not even 1m share volume traded.. that's just.. wow.
MM's got the day off or something?
Based purely on the facts available and not on wishes or trying to re-interpret the facts to fit what I want to believe, no, it is not behind us imho. As stated by ACTC, there has been a default.. BUT they say they are working on an amicable resolution. Perhaps they have already reached a resolution, perhaps it is part of something much much bigger, but until some clarifying facts are released by ACTC, we can only consider the facts available - the rest is speculation based on experience and indicators. The facts available are that ACTC have defaulted, and it has not been resolved as yet.
As I said in a response to Guy3 here
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=101453416
the longer this stretches out, the less likely (imho) that Chapter 11 is in the cards, or anything else as damaging.. there would have been further 'tells' by now, unless they've done a remarkably good job of keeping it under wraps.
I only hope Camofi are cooperating.. because they don't have to, and the 8K clearly states that IP is on the table now.
I continue to be concerned, but am buoyed by the pps support and by the lack of any further indicators of pending disaster.
Hope that answers your question sufficiently.
Guy3, thank you for asking :)
I was definitely concerned Chapter 11 might be in the pipeline. That concern is still there, but diminished somewhat from what it was when the 8K Default Notice first was filed.
The reason my concern has diminished is that it hasn't actually happened yet; often when these things start, it's like a domino effect.. in this case the 8K would have been the start, and things often fall apart with increasing rapidity from there, but that has not happened here (and thank fk for that!)
In addition, the pps has held up much better than I expected, and usually if Chapter 11 was on the cards something would have leaked by now (even if only to a few insiders and associates), and the pps would reflect that with some large dumps from major shareholders, but again, that has not happened beyond the initial reaction from the 8K filing.
I am not discounting that it could still happen, particularly given ACTC's continued silence on the default, but as time goes on, that eventuality decreases.
With the above in mind, the risk/reward tolerance for me is swinging back to where I may take advantage of this relatively low pps.. but with caution, and I will be keeping a close eye on this, ready to dump at a moments notice if need be.
You'd think we'd get more green on such news.. seems nothing will move this pps up. I was thinking perhaps the good news (Time 100) was being offset by the bad (default), but the daily volume has been way too low for that to be true either way.
FWIW I have not sold any of my holdings yet.. Since the pps seems to have found support at a higher level than I expected after the default news, heck, I may even add a little now just to average down, but if I do, I will do so conservatively.
Certainly I agree they would be wanting to reach an amicable resolution (heck, they better be, considering IP is at stake!), I have NEVER said otherwise, so please stop trying to make out I am. All I am trying to respond to is those who are trying to claim there was no default in the first place, which is CLEARLY fallacy. That is it, period.
This is my last post for the day. I urge you all to do your dd - you are not doing yourself any favors denying the fact that ACTC defaulted. As long as some keep responding (without any proof whatsoever) that ACTC didn't default, I will continue to respond (with proof) that they did.
LOL unreal. The latest 10K is NOT the one being referred to by some of you as "proof" there was no default. The latest 10K filed 2 days ago does not address the default whatsoever, so please stop misleading shareholders.
Here are the filings, go do some due diligence and please feel free to respond further with substantiated facts as I have done, instead of misdirection:
http://yahoo.brand.edgar-online.com/default.aspx?cik=1140098
Please show me the word 'possible' on the 8K.
http://www.sec.gov/Archives/edgar/data/1140098/000101968714001483/advancedcell_8k.htm
Notice cannot be sent arbitrarily, otherwise there would be thousands of these things filed every day purely to undermine shareholder confidence. There has to be a basis in fact or the SEC would absolutely destroy CAMOFI, and ACTC would be screaming murder from the moment the 8K was filed, which clearly they are not.. ACTC even state themselves; ", the Company is continuing to negotiate with the Holders to reach an amicable resolution of this matter." That is NOT a denial, that is an acknowledgement.
"The Notice alerted the Company that due to the Company’s failure to deliver shares of common stock issuable to the Holders within three days of a conversion event occurring in March 2014 under the Notes, an “Event of Default” under the Notes had occurred and the Holders were reserving all rights held by them arising from such Event of Default. Among these rights are the Holders’ ability to declare as immediately due and payable the aggregate principal amount remaining under the Notes together with any other amounts owed under the Notes, which amount equaled approximately $1,200,000 in the aggregate as of the date of the Notice, with such amount accruing an interest rate of 18% per annum upon such declaration by the Holders.
As previously disclosed on the Company’s Current Report on Form 8-K filed with the Securities and Exchange Commission on January 17, 2013, the Notes were issued pursuant to the terms of a settlement agreement and mutual release (the “Settlement Agreement”) by and among the Company and the Holders as of January 11, 2013. To secure its obligations under the Notes, the Company granted a security interest in substantially all of the Company’s assets, including its intellectual property, to the Holders. As of the date of this Current Report on Form 8-K, the Company is continuing to negotiate with the Holders to reach an amicable resolution of this matter."
Don't shoot the messenger...
Nearing the end of Phase I. Many of us are waiting on a peer review of the findings to get a more precise picture of where things actually stand at present.
EXACTLY. Please explain this.
Maybe I'm missing something? The 10K was filed *prior* to the 8K default notice.. so ACTC have stated one thing, then filed an 8K *later* saying they defaulted. Clearly these filings appear contradictory, but wouldn't the 8K default notice be a correction of the 10K since it came later, because it would make absolutely ZERO sense to file the 8K default notice otherwise..? If not, please somebody, ANYBODY, explain it in a way that makes sense, rather than just saying "they didn't default, even though they filed an 8K saying they did".. with absolutely nothing to back up that assertion.
Perhaps this is just a case of people believing what they want to believe rather than facing reality?
One of the more telling indicators to me is that the pps dropped near 25% on the 8K news, yet ACTC didn't say a word to clarify the situation if it wasn't really a default. If it really wasn't a default, don't you think ACTC would actually say something about it in the face of near 25% pps drop?
By saying nothing, they neither confirm nor deny the default (although the filing itself is rock-solid confirmation anyway), but hey, why confirm it twice if the pps has stopped falling because of wishful thinking?
Please enlighten me, because not one person has yet qualified their assertions that there is no default, beyond apparently just wanting it to be true...