Excellent Reetala. So you and others are vindicated that you didn't make this stuff up as none of us have. I too saw it list/state it was NASDAQ Friday, with the NASDAQ site itself filling in what was blank information. Getting people to buy as high as near $7.50 on Friday, based on the assumption they were buying a NASDAQ listed stock, when in fact it never appeared to be true- is not trivial stuff.

Then, to have it collapse and break $6 a share today, Monday, as an OTC stock, all while a very large, and very dilutive secondary is attempting to be pitched and sold? Not good in my book, no matter how one slices it. Smacks of manipulation or something not right going on?

FINRA Investor Complaint Center
9509 Key West Avenue
Rockville, MD 20850-3329
Phone: (240) 386-HELP (4357)
Fax: (866) 397-3290

Just go to FINRA complaint page (Google FINRA Complaints, the site page will come right up)- there's an on-line form and it takes probably less than 5 or 10 minutes to fill out and can be anonymously.

Inaccurate price quotes, being misled that it was OTC versus NASDAQ, seeing account values go blank and then bounce all over the place, lack of order execution in many occurences, etc. Just fill it in and give um as much info as one can. I believe they, FINRA really need to get to the bottom of this- it's not a trivial matter. You got some folks that potentially lost a lot of money between Friday and today and others just confused and lacking clarity and confidence as to what they even own- and that's not right in our markets. Not even on the OTC is that acceptable IMO.

"See my post number 77512 where I provided the link to the OCATA webpage where it states (or at least stated this morning) that the company trades on Nasdaq."

Reetala, I'll try and get a capture of that web page. It might still be there or be cached someplace. That is exactly what we're talking about.

(looks like they "scrubber" their web page and now have OTCQB, I just looked. I'll see if a cached version of it might still be on the net somewhere. That sure didn't take um long to get that "fixed", yet they haven't released a word to the shareholders. Guess one's gotta have their priorities right?)

This isn't some "minor" or trivial snafu IMO. This seriously misleading retail "little people" in a public traded market. It can have serious level consequences involving the SEC and FINRA, etc.

Claiming you're on the NASDAQ and then running the stock to almost $7.50 on Friday, and now it broke $6 a share today ON THE OTC, is pretty serious in my book.

I don't see anything trivial or laughable about it. If the SR. Mgt isn't responsible, and the legal council and firms they hire and pay to advise them, then who is? The buck stops at the desk of the big boys. That's why they get paid the big bucks.

Wow, hit a low of $5.98 so far to today on very high volume. Holy smokes. Back in the $5's.

This, IMO, sure can't be a help to trying to place 10 million shares of pure dilution into the market. Two days of total uncertainty and they haven't said a peep about how this even happened?

Were trades executed on Friday even valid you wonder, when they ran it up to close to $7.50 on a false indication it was on the NASDAQ, including screen shots that showed "NASDAQ" market on them and people's brokerage accounts that said NASDAQ in them?

How did this possibly happen and who and what mechanisms let it happen I wonder? This is another taint on this company and their shares IMO.

There's been a few attempts to imply mgt can't/shouldn't be blamed, etc. When you go and play in the big leagues and you just self-vote yourself a big-league pay n perks increase program as one of your first moves, then you better bring your "A" game to the table IMHO. This is "C" level mgt in a public traded firm. This is not a mom n pops dry cleaning biz or whatever.

These guys are taking home some serious compensation, up to and including "bonuses" and lots of stock options and other "kickers" to sweeten their pot- so they better play like they're on their top game. Else, what are they being paid for? Bonuses, perks n goodies, selling shares into $12 spikes, etc- that should come AFTER they've delivered the goods, after they've performed and sent some ROI to the common shares, AFTER they've been proven to be pros who "get it done". This thing, it's always been done backwards IMO. They pay themselves large and live large as if they've already created and sold the greatest thing in the world, made the profits, delivered the products, etc. Very typical of OTC-ville IMO.

But lets face it, the common shares of this company, to date, are a 99% LOSS to common since inception and first entering the public markets. They traded initially at about $5 a share after the KACHINA merger and onto the OTC markets.

Since that time, they diluted out to over 3 billion shares of common stock and drove the price down, literally to a nickel. 5 cents a share. Today, right now, we're sitting at pre R/S 100:1 split at essentially 6 cents a share. Right where this thing was at over 5 or 6 or more years ago.

$5 a share is 500 cents. 6 cents as a percentage loss of IPO 500 cents ($5 per share) is 500-6 = 494/500 = .988 X 100 = 98.8% loss to the common shares. That's the cold, hard reality of the situation. Just the way it is.

"Theoretically, if following uplist rules, NASDAQ listing will not be until after Jan , 2015. However NASDAQ committee can make exceptions and permit Dec 2014 uplisting."??

Then who and what entity created the mess called FRIDAY and now this AM? Notice, the stock feeds like here on I-HUB, Yahoo finance and similar still can't update properly and people still got erroneous quotes and mis-information from their brokerage houses this AM.

This isn't like minor "snafu" stuff IMO. Someone's messed this up in the royal category- and all while you got what looks like manipulation trades/shorting going on in the middle of attempting to price and sell to the retail public, via underwriters, a very large, very dilutive secondary offering?

How is this supposed to end good for this company and inspire confidence that this "new" supposed management actually knows what they're doing, other than swiftly passing self enriching pay n perks packages?

$6.26 a share, as we speak on thee OTC Markets web site. The info looks "live" and accurate.

http://www.otcmarkets.com/stock/OCAT/quote

Man, if they're trying to pitch and sell a large, dilutive secondary in the middle of this mess, I just don't see how this ends good or better, IMO?

I would think they just turned the FINRA and other regulator's spotlights to the bright setting and got um aimed right at um, right about now.

Is there anything these guys can't screw up?

Bid .0141, DOWN solid red. Wow. Smacking that low bid again. Not far from the 8 month low bid it put in at .0139, last week.

I guess the Magna "credit line" funding being delayed per the S-1/A amended filing can't be a help? They gotta be really, really low on cash at this point IMO.

They had just $46K total left as of last 10-Q filing against very large, just short term debts that would need to be paid very soon such as their accounts payable entries and "other" short term expenses.

They got $200K off the Magna dilution "note", but that's gonna be over a month ago now. So how long will that last? Maybe a little more than a month?

Looking pretty "tight" cash wise here IMO. Real tight.

PAGE 4, Last filed 10-Q:

Accounts payable: $ 2,068,256

$2 MILLION in just immediate accounts payable against $46K cash as of that filing. Wow. And they only got $200K on the Magna "note" and now the "credit line" is delayed?

"Well my TD Ameritrade account has clearly reverted to Pink Sheets "

It's 100% CERTAIN it's on OTC now per FINRA. FINRA is god to the markets- no one trumps FINRA. The brokers live and die by FINRA rules. FINRA can crush a brokerage or company stock out of existence if they think their rules are being violated. FINRA is one step to the SEC and acts as the "gatekeeper" to oversee all market issues of legal trading,etc. Them and the DTC (Depository Trust Corp)- DTC and FINRA are the two most poweful regulatory market entities, right beneath the SEC. They are essentially the gate-keepers and eyes and daily work horses of the SEC.

Here is the FINRA notice for OCAT this AM. All brokers would rely on this FINRA info, anything else stated can't be trumped by FINRA:

http://otce.finra.org/DailyList

OCAT is right there on the list, dated 12/15/14.

12/15/2014 05:37:56 Reinstatement 12/14/2014 21:00:00 OCAT Ocata Therapeutics, Inc. Common Stock undefined Other OTC

Art, couldn't agree more.

"Way too many red flags have surfaced that are far too similar to other now defunct companies that had no product, just promises and hope - NAME CHANGE being just one of them."

I also felt the name change and logo thing is a typical "re-branding" type deal some "consulting" firm and "image" company dreams up when they want to help some company try and run from their tainted past. Like attempting to do an Orwell style "scrub" of all things tainted from 15 plus yrs of shananigins.

Problem is, those pesky ole SEC filings and now via the WEB, every last PR and "vast claim" the company ever made that didn't come true and the corrupt CEO and the messed up accounting and what not- it's all there for the reading. They need to face up to it and not try and "scrub" it or run from it IMO.

Name change to me also smacked of a lame attempt at a "make over" while everyone else is saying in simplicity, "SHOW US THE RESULTS", "SHOW US THE MONEY" just "PERFORM AND DO YOUR JOBS" and quit trying to blow happy sunshine at us all the time.

To add insult to injury IMO, they finish the "re-brand" via a name change, a website change and then this new "logo" thingy (which makes no sense to me, that logo, I sure don't get it) but STEP ONE after all that was to pass, via their own controlling vote, an insider booster perks n pay increase package. What the heck?? The new guy hasn't even warmed the seat yet and the first thing he needs to "accomplish" and get done is a pay-n-perks booster program for the insider boy's club?

Holy smokes, that was bad timing IMO. And they had insider selling taking place into that spike to $12, only 2 months ago, and never, not once so much as one dime of insider buying, even when this thing was literally 5 CENTS a share, a dirty nickel one can find in a super market parking lot- but no insiders opened their wallets.

I'm with ya, it's got a lot of "taint" on it IMO. This recent Friday thing and now a FINRA notice this AM, coinciding with this hugely dilutive secondary trying to be priced and sold now as a "good thing"- they sure aren't building any confidence or winning any converts in my book.

"It appears the SEC has simply requested that these documents alternatively be attached directly to the registration prospectus as exhibits"

W/o insider trading info or being fed protected information direct from BHRT Sr. Mgt or council or similar, how could one possibly know what the SEC has or has not "requested" regarding the S-1 and why it's been delayed, which is what the S-1/A amendment process is for- that it's past the 20 day deadline and not approved automatically?

How could anyone possible know this w/o someone on the inside telling them?

S-1 filing "news" appears to mean it's been delayed.

Initial S-1 was filed/uploaded to SEC on 11-21-14. They filed S-1/A, "amendment one" on Friday 12/12/14, after market close. I believe it's normally 20 days that the SEC approves, automatically "declares effective" the registration statement, unless they've subjected it to further review, questioning it, a hold, etc.

That's what a Google search of Section 8-A of the Securities Act 1933 reveals. From 11-21-14 to 12/12/14 looks like they would be passing that 20 days, thus filed a "amendment" to the original S-1, I think per the verbiage in it per Magna, as it's not yet been declared "effective" by the SEC, which would occur more or less automatically when it passes 20 days, unless they've been notified of "review" or similar questions by the SEC (that's my 2 cent take on it from reading it and googling section 8-A, securities act of 1933)

http://www.law.cornell.edu/wex/securities_act_of_1933

Thus, the original S-1 filing past 20 days now, and they didn't get an automatic SEC "declared effective" on the registration statement and they will then file these "amended" versions as needed until if and when it's declared "effective", which in my amateur opinion, would mean the Magna "credit line" is not in use yet and can't be used yet. They did the Magna "note" for about $200K, but they would be low on cash very, very soon it appears IMO. Wonder if they can/will tap Asher or similar again in the mean time?

This S-1/A filed Friday 12/12/14 is an amendment to the original S-1 filing for the Manga deal. There's all kinds of verbiage that states (paraphrasing) - that if they can't get it SEC approved (registration of shares "declared effective" by the SEC) by final by date XYZ, then they must file amendments to keep it "open" until which time they can close/finalize it and I guess, get the Magna "credit line" funded.

Thus it appears perhaps they're having trouble of some sort getting this Magna line SEC approved or the shares approved or something. That's my read on this S-1/A ("A" for amended filing, after close of market, on a Friday)

From PAGE 1, S-1/A just filed on Friday:

"FORM S-1
AMENDMENT ONE
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933 "

PAGE 3, S-1/A:
"The Registrant hereby amends this Registration Statement on such date or dates as may be necessary to delay its effective date until the Registrant shall file a further amendment which specifically states that this Registration Statement shall thereafter become effective in accordance with Section 8(a) of the Securities Act or until this Registration Statement shall become effective on such date as the Commission, acting pursuant to said Section 8(a), may determine."

PAGE 4: (in BOLD)
"Neither the Securities and Exchange Commission nor any state securities commission has approved or disapproved of these securities, or determined if this prospectus is truthful or complete. Any representation to the contrary is a criminal offense.

The date of this prospectus is [_________], 2014."

Notice, the date is still a blank, meaning the S-1 filing, IMO, has not been SEC approved or accepts yet and is thus the Magna "credit line" is not even in effect yet? Interesting IMO?

PAGE A-3:
"2. Registration.

(a) Mandatory Registration. The Company shall prepare and, as soon as practicable, but in no event later than the Filing Deadline, file with the SEC an initial Registration Statement on Form S-1, or such other form reasonably acceptable to the Investor and Legal Counsel, covering the resale by the Investor of Registrable Securities in an amount equal to 143,812,591 shares of Common Stock, 9,109,128 of which shares of Common Stock shall be registered as Initial Commitment Shares and 15,890,872 of which shares of Common Stock shall be registered as Additional Commitment Shares. Such initial Registration Statement shall contain (except if otherwise directed by the Investor) the “Selling Stockholder” and “Plan of Distribution” sections in substantially the form attached hereto as Exhibit B. The Company shall use its commercially reasonable efforts to have such initial Registration Statement, and each other Registration Statement required to be filed pursuant to the terms hereof, declared effective by the SEC as soon as practicable, but in no event later than the applicable Effectiveness Deadline."

Original S-1 filing, PAGE 16:
"Risks Related to Our Financial Position and Need for Additional Financing

We will need to secure additional financing in order to continue to finance our operations. If we are unable to secure additional financing on acceptable terms, or at all, we may be forced to curtail or cease our operations.

As of September 30, 2014, we had cash and cash equivalents of approximately $46,592 and an accumulated capital deficit of approximately $119,428,183. As such, our existing cash resources are insufficient to finance even our immediate operations."

From original S-1 and Magna "purchase agreement" PAGE 12:
"Registration Rights Agreement

In connection with the execution of the Purchase Agreement, on the Closing Date, we and Magna also entered into a registration rights agreement dated as of the Closing Date, which we refer to as the Registration Rights Agreement. Pursuant to the Registration Rights Agreement, we agreed to file the registration statement of which this prospectus is a part with the Commission to register for resale 143,812,591 shares of our common stock, which includes the 9,109,128 issued on October 27, 2014 as Initial Commitment Shares and 15,890,872 Additional Commitment Shares, on or prior to December 8, 2014, which we refer to as the Filing Deadline, and have it declared effective at the earlier of (A) the 90th calendar day after the earlier of (1) the Filing Deadline and (2) the date on which the registration statement of which this prospectus is a part is filed with the Commission and (B) the fifth business day after the date the Company is notified by the Commission that the registration statement will not be reviewed or will not be subject to further review, which we refer to as the Effectiveness Deadline. The effectiveness of the registration statement of which this prospectus is a part is a condition precedent to our ability to sell common stock to Magna under the Purchase Agreement. "

If "they" (OCAT) "announced" it, then where? If it's not public, then it's insider info IMO. Someone knowing an exact date is pretty specific (and is it close of market or open of market on the 16th?)

Where's a link to a fully public source like a PR, or formal announcement?

"someone on another board said" is not exactly public info or a real credible source of "reported" information IMHO.

Any links to a typical, fully public market PR or a SEC filing or similar? I believe E-trade told you that, but where did E-trade get this info that no one as the retail trading public has seen? That's interesting?

I mean it's probably true, I don't doubt what you're saying, as I don't believe this stock traded as anything other than an OTC stock on Friday. But a little more than "they said" would sure be a help.

Yep, and it looks like these dudes were master painters/shorters, no doubt. The Van Gogh's of the "tape painters". Real pros for sure, IMO.

Gastro, yep. The only thing that everyone appears "solid" and in 100% agreement on, is that it closed at $6.49 on the money, Friday.

It appeared to be one of the most perfectly executed "slam it to the desired closing price" short orders one can ever see. Played like a well tuned Stradivarius.

Some of the daily charts now seem to be "catching up" and showing what Friday's trading really looked like- and it's a stunner, with the close being a thing of beauty. (well fugly ugly for Joe Q. Public, but beauty for stock manipulation 101 players and pro shorts).

They parked the thing like bringing a 787 Dream Liner up to the gate on-time and putting the wheels right to the chalk marks. To the penny in this case it appears.

Memories of old ACTC and the big boy's, short n pro trading club in action, for sure.

"Well...my E*trade portfolio page is screwed up again. OCAT shows all zeros, including zero$ total market value.....minus 100.00 %...WTF....Hope it all gets ironed out Monday."

AMAZING !! I pointed out earlier the NASDAQ page itself appeared to change from blank template form last night and this AM, to now changed/updated some time middle of today? Those places (NASDAQ, E-trade, etc) don't typically work weekends (brokerages, almost all Wall St closes solid for weekends) so where is all these data feed, apparent changes even coming from?

I've never seen a stock do all this "stuff" before, in years of watching, following and buying/selling everything from penny to the bluest of blue chips. Not once seen a deal like this Friday and now all the way to a weekend where people's accounts are going screwy, going blank, not quoting right, and brokerages even on the phone can't figure it out? I've had a few loser stocks even go full BK over the yrs, and they still quoted and traded correctly right to the end, when they halted trading- never just "blanking" out or whatever? That's wild.

I stated prior- those brokerage folks when one calls them on phone support, you hear the beep typically, that your call is being recorded and one can hear the background noise of a trading floor/room type environment typically- they're in front of essentially a pro-trading desk level terminal, they see 20X what Joe Q. Public can see. Meaning sophisticated Level II, all routes to all major trading networks, order flow and routing, depth of all trades matching on networks, where their own company order flow is being routed, real time data right off the exchange floors and all electronic trading networks, real time news, SEC/FINRA alerts, etc

But how many calls were placed just from I-HUB folks here- and not one appeared to get a definitive answer, up to and including, not even knowing on what exchange the stock was trading on with certainty, on Friday, or how it was trading and for most folks here that tried by phone? The brokers weren't even sure how to even route a buy or sell order for their customer in several testimonies.

Amazing. Monday AM "interesting" to say the least.

Here is a link to thee OTC MARKETS site.

They show that OCAT traded 373,024 shares for the entire day (Friday) and closed at $6.49.

http://www.otcmarkets.com/stock/OCAT/quote

Here is the site to thee NASDAQ. Last night and earlier today, this site showed a blank, generic page for OCAT, like a place holder page.

Interesting, now it's showing a page with Friday's trading range and number of shares traded, etc that exactly matches the OTC MARKETS site linked above.

This is getting more interesting every moment IMO. People saying their brokerage account pages have changes this AM from what they saw last night, and now the NASDAQ site changing since last night and early AM (I'm 100% confident I viewed it late yesterday and this AM, as I linked to it in a prior post and it was essentially blank except for the company name)

http://www.nasdaq.com/symbol/ocat

Who the heck knows? This is just a big mess IMO. Info being changed moment by moment and not even brokerages able to give definitive answers?

"I've noticed on my scottrade account that changes made..."

That's a lot of good information and reflects the mass of confusion that was Friday, IMO.

Here's the thing though IMO, and to some similar statements to that post and some of the replies:

If the company, the brokers, the people handling the transition from OTC to NASDAQ, the underwriters, whoever; or the fact is was meant to go to NASDAQ but maybe they pulled the plug last minute- who knows, but whatever all those explanations may be (and we may never know the correct story)- the point is:

The market place has provisions and protections that are supposed to be implemented when those things happen. The "circuit breakers" essentially. The main one IMO would have been a TRADING HALT. Then, let the powers that be have sorted it all out, get the technical glitches corrected, then resume trading either on NASDAQ or OTC or whatever the case may be.

But it appears like it was almost pre-planned, like they gave the pro trading desks a freebie day, or at least a freebie 2 to 3 plus hours in the AM, while the retail public was left stranded in a mass of blacked-out confusion. It smells IMO of having some relation to the "big boys" attempting to price this secondary (can't prove it and I'm a total amateur, but people have gut instinct and know something not right when they see it)

I think the main complaint is that many, many retail "little people" were left in a huge state of confusion, no PR was issued (and I can't believe the company didn't have some word of what a mess Friday was, I just wouldn't buy that)- so retail buyers and sellers, many were shut-out of the market. Again, while OCAT traded and volume by "someone" was clearly taking place. Also, the little people were blinded from accurate and up to date quotes- the backbone of a free and open market.

People in the public markets have rights. If a stock is tanking, they have a right to sell and get out. If they saw OCAT spike to $7.25 or whatever and decided that was a profit for them and wanted to place a sell order and take money off the table, that's a protected right in the way our regulated markets work. Accurate, up to the moment pricing is sacred in our markets; up to the moment accurate quotes so that people can decide what they want to do with their money.

It appears, IMO, that a mass breach or mess, or whatever one wants to call it occurred on Friday violating pretty much every fundamental of our free and open markets, and no one threw the circuit breaker and halted this thing till they could sort it out and get it right.

Further, the way it traded Friday, in violent swings, in a near perfect saw-tooth or chop pattern, then slamming it back on the close to a perfect $6.49, like magic, smacks (IMO) of manipulative "big boy" shorting, in no way involving mom and pops retail buy and sell orders.

They are about to try and place a large, very dilutive secondary- I can't think of a worse time to taint the confidence in one's stock than right now, or raise suspicion of manipulation trading taking place.

If this was supposed to be the big move off the OTC, it sure left a bad taste IMO of OTC-ville in many people's mouths. It appears to have had all the classic trappings of penny and OTC-ville according to many's experience here.

OTC Market site versus NASDAQ market site.

Compare the two.

The NASDAQ site is blank - it shows no trades, no graph, no last trades history for the day, nothing for OCAT today.

http://www.nasdaq.com/symbol/ocat/real-time

Now go to thee OTC Markets site. (in other words, these two sites are THEE companies that run these exchanges, it's where everyone else gets their feeds from such as an E-trade or Fidelity or Yahoo finance - they in one way or another "buy" their info and feed direct from the source, which is these two web sites)

http://www.otcmarkets.com/stock/OCAT/quote

Now look at the OTC Market site. It looks "live" and active like it does end of trading day, every day. Meaning it shows OCAT's end of day price and total volume traded accurate to today's volume, last price quoted etc.

Which tells me, IMO, this traded on the OTC today. That's my 2 cents from comparing the two sites. NSADAQ.com blank, no info. OTC MARKETS has data and it looks updated as of today.

"I notice that this morning on my Ameritrade account OCATA was listed as been in NASDAQ, but checking tonight is back to over the counter, any ideas why?."

Hi Marinemom (if that's for Marine, as in Corps, then Semper Fi).

Per your question- there are many savvy, very experienced investors/traders, stock market followers here with many years of experience (not professionals, but dedicated amateurs, some w/ probably 20 yrs or more watching the public markets)-

And you asked the same question that has literally stumped probably 50 or more "regulars" here today, who I'd consider very market savvy. Some even spent extended amounts of time to their brokerage houses on phone support and couldn't get a definitive answer to your same question.

I personally, can't with confidence, guess where or how this traded today- officially on NASDAQ or I heard on some sort of hybrid of a low tier NASDAQ market but on the OTC networks - is what someone thought (don't know if that's even possible per my experience?)

Short answer- I don't think anyone knows. Look at the I-HUB quote feed, it's still blank. Yahoo finally appeared to update their price/graph but it says OTC. I went to the NASDAQ site itself and the OTC market site itself- and between the two, can't tell if OCAT is on one or the other?

I'd say many, many on here are "confused" and befuddled by this entire experience today (more "choice" words many would have I'm sure).

So, hope that helps- everyone's in the same boat and will have to sit tight, it appears, till at least Monday at 9:30 AM Eastern to know any more than we know now unless a PR or something public is put out as news.

"Someone has the ability to coordinate an increase of 12% in a few hours and then to sell it all off to the tune of a 25% gain with the short."

Aberlowi, gotta say I agree and, more importantly I believe- was this seemingly apparent "glitch" or pre-planned mess up, call it whatever one wants- but this thing, especially in the AM, appeared planned so that it effectively shut-out retail folks, and blinded them to accurate price quotes, info and in many testimonials the ability to even trade.

So lets say little ole us, Joe Q. Public, the un-important ones apparently to this company and the MM's and whoever; it's like we're watching a bad car crash unfold in the AM, with mass confusion and all- and people scrambling to call their brokers, I was searching every web site I could find to try and figure if it was even trading or at what price or on OTC versus NASDAQ and all- many of us were totally blind sided and in the dark..and for the ultimate insult to injury-

suppose we said, "I don't like what I'm seeing and want to sell" or suppose out of 1000's of investors someone had said I need money for my family because of an illness and it looks like this went to $7.00 this AM from what some people are seeing- I want to sell and get my money, but guess what- they couldn't sell. They tried on-line and their account showed empty boxes where it should quote the price, or it showed yesterday's OTC price frozen in time. So they jumped on the phone support to their broker (which usually means a higher commission) and they said I want to sell OCAT.

The broker sits and tells them I can't get a quote or price- where is this stock, OCAT, even trading? Person says, you tell me- you're the broker !! Gets passed to 3 or 4 people/departments (actual I-HUB poster stated that happened to them)- and no one gives a definitive answer, let alone executes that sell order for them swiftly and at best price. Stock later closes down at $6.49.

Wow. That's not a "minor snafu" on some "up-list" day IMO. Not when it looks like pro traders were popping off trades left and right and as you pointed out, right from market open, and ran it up sharply, then collapsed it right back down in a mega wide spread? How can that be possible? Something went major amiss today on this stock IMO. What and how and who's responsible- I have no idea. But they want to now sell a 30% dilution secondary of 10 million shares after today's mini-fiasco and everyone is supposed to just swallow the pill and feel their shares are safe and not going to be manipulated or whatever?

I don't know IMO. Wild ride and "sketchy" looking at best. I'd sure expect a PR or someone to step up to the plate and explain this trading day to the public. I think half the people here aren't even clear still, what market this is now listed or trading on- and couldn't even get their brokerage house to give them a definitive answer. Several were apparently told next Tuesday, NASDAQ, by major, well known broker firms. So where the heck did it trade today, all day? Wow.

"Apparently it was all a scam for shorty."

I gotta agree- that today almost appeared to be an "arranged" trading day of some sort (especially several hours in the AM) where the retail little people were literally shut-out and blinded to quotes for pricing even (let alone it seems no one at a retail brokerage can even clearly state what market its now trading on, which is stunning).

I think it was almost a day made for the MM's or the underwriters/pro trading desks to trade- which IMO, and I can't prove a thing, smacks real bad of manipulation and even some serious treading into SEC/FINRA danger zone area. Meaning, this looks more complicated IMO than some minor ole "technical glitch". Cause certain, select people, aka pros, seemed to be able to trade at will right from the open as there was clearly volume and trades- while Joe. Q. Public was shut out, even begging their brokers by phone for help and transparency of price, etc.

I just don't see how this can't raise a red flag over the secondary efforts- I mean you talk about a bad time to raise flags about the integrity of how your stock trades?? Holy cow that's bad timing.

"News out. "

Interesting, it's an "amended" version of the original Magna deal S-1 SEC registration form.

Not sure how one figures out the "amended" parts or not? Don't know if it's at the end, or just changes throughout? Curious to figure out what they changed?

Will try and give it a read later on, and compare to the first version of this original filing and try and see what changed?

FORM S-1
AMENDMENT ONE
REGISTRATION STATEMENT
UNDER
THE SECURITIES ACT OF 1933

farview, thanks. It's looking like more and more people's accounts have sort of settled down a bit- but you still couldn't get full answers via phone support which is pretty amazing IMO.

I mean, those are the brokers, they sit at professional trading terminals- they see and have access to 20X the info Joe Q. Retail guy has. So when they say they can't quite figure it out, I gotta believe that even triggers some automatic internal triggers- maybe FINRA and DTC messages being sent out, etc.

Remember, at the end of the day, given how screwy the AM was, someone's on the hook to insure that every penny of every last trade was on the up and up and balances out- that's the DTC (depostitory trust corp. who "clears" pretty much every trade in the U.S.) and overseeing them is FINRA like the other gate-keeper to make sure it's all honest and to the law, etc.

I'd wonder if this is gonna set off any red flags about this secondary trying to be placed and priced- when the trading went all screwy right in the middle of the process? It sure can't help but put a spot light on the stock IMO.

Again, I'd think just by routine internal controls- that an E-trade broker or whoever has to fire off some kind of msg to FINRA or whoever when they say, "Hey, I've got customers hammering me on the phone and my quote terminal can't even find this stock or give the customer a clear quote or I can't process an order and am not even sure what exchange this order should route to or whatever". I'm sure it's not good for the brokerages business- to have customers saying, "Hey, I wanted to sell a little there above $7, but your system wouldn't let me. What's that all about, and, my account was full of screwy numbers and a no quote for 2 hours this AM or whatever."

All very strange and still looking strange a bit right into market close according to several, still on-going first person testimonials.

"I think that is broken up orders"

I've had that theory a bit myself, but I think the others are correct- not when it's like literally $11 bucks worth or $9.67 cent worth for 17 shares or whatever and always seems to hit the low bid.

On a higher dollar stock- I'd buy into and used to see the "broken up orders" thing. I agree. Like on a 200 share order for a $8 stock, they might post 120 shares and then 80 or whatever. But like 20 shares at .0147 cents? Now I'm not so sure?

I'm leaning heavy to the manipulation camp at this point anymore. Remember, all these "financing" deals have some pricing formula that says something like, "the avg share price of the past 10 days, blah, blah".

It makes me think some "big boy" is tapping that bid with some micro, $11 trade so they can print that low bid trade onto the tape. I could be totally wrong- but it sure looks suspicious and near perfectly timed lately.

And it's happening more often IMO. Little hits to that bid, dropping it slowly, ever lower and lower, the "ratchet" effect. Creeping the bid down a bit every 3rd day or so, sometimes with one or two small trades out of the entire day.

This is the stuff I've read about that is rumored to be notorious when any "convertible debt" financing is used. And also Magna, just from reading the I-HUB pages has a pretty notorious reputation for all kinds of ways to "work" a stock to their advantage.

It's probably all legal unfortunately, at the mercy of the ole OTC market place- which is kinda the WILD WILD WEST of the stock markets, which are wild enough to begin with.

farview - don't know, but what ever the reason it looks really, really bad and is a problem IMHO.

If a stock/company knows there is a problem, where retail folks can't get quoted accurate prices to make decisions, let alone even get a buy or sell order to process, even via paying for additional phone assistance at their chosen brokerage- then

All my experience tells me that's typically when a SEC or FINRA halt is put in place till they can sort it out and insure a fair and transparent market to all. They often even have to go back and review all prior trades, how they were settled, where they came from, who processed and matched um, etc.

Having people effectively locked out of their accounts for certain this AM, and some still giving testimony as of now, almost 2 PM Eastern, again, is mega a problem IMO.

I still can't find an accurate looking, up to date quote myself or even discern with certainty what market this is trading on. And I've looked direct at NASDAQ.com and OTC Markets site and Yahoo and I-HUB and in TD Ameritrade and it's just not updating for me, and I believe many others here and on some other boards are still seeing the same.

Are you seeing what you believe is a "live" and accurate quote somewhere and if where would you mind stating? Just to help others out here? If you have a brokerage or account that's quoting that would help us figure out who seems to have good info and who still doesn't?

Thanks

"I'm locked out on etrade"

There ya go, first hand testimony and we have zero reason to doubt him/her and it's extremely problematic IMO. It's showing vol and trades to "some" but not equally to others?

That's the crux of classic stock manipulation or a huge market problem of some sort. No retail buyer/seller should ever be barred, especially from selling. What if this person wanted out, right now, at the best quoted price- but they can't, while other trades are selectively being processed it appears? Very troubling.

Again, several people stating that even with phone support they can't get a clear quote, a clear answer to what market this is trading on and especially can't get a buy or sell executed.

FINRA Investor Complaint Center
9509 Key West Avenue
Rockville, MD 20850-3329
Phone: (240) 386-HELP (4357)
Fax: (866) 397-3290

http://www.finra.org/Investors/ProtectYourself/p118628

I was told filling out the on-line form actually hits someone's review screen fairly quickly and should raise a red flag. The more sent in from various people I would think the better it gets the proper attention it needs IMO.

"retail is not locked out."??

Well, IMO retail was 100% certainly locked out and wasn't getting accurate info for at least several hours this AM. It's clear from the number of posts who can state they called brokers, couldn't get orders to fill, etc

Further, no quotes are updating- just look at I-HUBS own display, Yahoo finance, the NASDAQ.com site itself and the OTC Markets site itself- none have a live quote showing anything for today. Something is clearly wrong.

No way 25 to 50 people on here and icell for example, can all state they even made calls to phone support at E-trade, Schwab, Fidelity (cited several times) and several other retail brokerage houses and were specifically told by a trader/broker sitting at a professional grade terminal:
1)I don't know what market it's trading on or what the opening price is or was or what the price is right now
2) I can't place a buy or sell for you
3) Several indicated they had info showing Tues. for a NASDAQ listing
4) Many people described their account balances showing zero for a period of time, then quotes bouncing all over the place, not sure what is accurate or not?
5) Yahoo quoted for a while, then reverted back to yesterday's, one day old, static information.

Clearly IMO, this is extremely problematic and all trades and attempts to make a buy or sell would need to be reviewed. A stock/company can't simply "lock out" a segment of the market via either mistake or at-will,not the way it works, not w/o a formal notice of a PR/Halt being posted, etc. People who want to sell or get-out for instance must be able to reach a market maker, a market "being made" during all ours the public markets are open. That's the way it is. They can't be stuck with shares cause a trade would not execute, and especially because they could not make an informed buy or sell decision because the price quoting was clearly scrambled for well over an hour, more like several hours across multiple outlets.

No way in my book and especially not when PR and such is being put out about promoting the selling of a large secondary. That's double problematic IMHO.

"200 million dollar placement"???

There's nothing even remotely close to a $200 million "placement" taking place?

They have a shelf capped out at $100 million for 24 months. This is a 10 million share prospectus. At best, it might net about $60 million tops to the company. The stock is trading at around $6.50 yesterday, it's impossible that 10 million shares could net them anywhere near $200 million dollars, not even close.

They'd first have to file a new shelf anyway. The prospectus explains it all - and it's not a $200 million secondary, not by any stretch. Just the underwriter discounts, fees and expenses make that impossible, let alone the share price not supporting anything of the sort.

Any links or a source for a dollar figure of $200 million?

"It is in company interest to let budding war proceed"??

Don't know what a "budding war" is or means?

It's not in anyone's best interest IMO to see a stock effectively lock-out and ban retail traders from getting accurate, up to date pricing info and buy and sell at will, when the markets are open. I don't even know how that would be legal to do?

Thus, a FINRA investigation of this AM's activity is very warranted IMHO. Too many people reporting first-hand testimonials, from a wide swath of retail brokers, both via the on-line portal and even using phone support (which means a pro broker sitting in front of a professional terminal) and all so far have said they can't get an accurate price quote, the firms like Fiedelity and E-trade and TD Ameri and several others don't even know for certain how or on what exchange is trading, how to get a accurate price quote, let alone execute a buy or sell for someone.

Extremely problematic, especially in the middle of supposedly trying to price and pitch and place a good sized (10 million shares, $50 million range) secondary? That makes it doubly bad IMO.

"Looking good!"??

The bid is at .0147? They already hit that bid once so far today. It's trading on micro volume on a spread of about 10% or more.

But on the days it's sold off hard each time, making new, 8 month low bids, then it does extremely high volumes such as 1.5 million shares or more on the day.

It's looking technically and all around weak here IMO. Not even close to the slightest sign of reversal of the strong down trend it's been in now for months.

Not PR, not "financing", not the 10-Q and "revenue", nothing has seemed to be able to budge it off of making lower highs and lower lows that I can tell.

All should file a FINRA on-line complaint form IMO, if they've been unable to get an accurate price quote, get a buy or sell order to fill, get a retail brokerage (even with phone support) to process a trade or even quote you an accurate price or you are seeing zero in your account, etc.

This is very problematic that this is apparently trading while the retail market is in effect "locked out", IMO. You have 50 or more testimonials just this AM, right here on I-HUB (icell same) of people saying they can't get quotes, place orders, see their account values accurately, etc

This is no joke at all- it's pretty serious stuff for a stock and it's owners or those desiring to buy or sell a position as the price is actively moving around.

http://www.finra.org/Investors/ProtectYourself/p118628

Just use on-line complaint form. It's takes a few minutes to fill out and hit click and file it. Someone must look into what's taken place this AM.

FINRA Investor Complaint Center
9509 Key West Avenue
Rockville, MD 20850-3329
Phone: (240) 386-HELP (4357)
Fax: (866) 397-3290

"$BRHT creating a positive cash flow"??

BHRT has no "positive cash flow" and has never had any positive cash flow, not once since they became a public company, and I'm pretty certain never since their inception in 1999?

Please point out 10-Q entry or similar SEC filing page number reference that shows a "positive cash flow" existing? Would be very helpful.

Bid still parked at .0141 (an 8 month or so new low)- but it appears they're now trading it "up" on an ultra wide spread of 9% or so, on pretty low volume, after it sold off hard yesterday on very high volume?

These trading "patterns" of the past, almost one month now, sure are bizzar and odd IMO.

Moving it up 9%, but the bid doesn't budge? Interesting.

"widening physician awareness of $BHRT's stem cell science processes, "???

Exactly what exact FDA or similarly approved "science" and/or "processes" exactly does BHRT have that are proven safe, w/ proven and tested efficacy that a "physician could/can use"??

Seems confusing to me?

From BHRT's last filed 10-K:

PAGE 39:
"We do not currently have product liability insurance because none of our product candidates has yet been approved for commercialization. While we plan to seek product liability insurance coverage if any of our product candidates are sold commercially, we cannot assure you that we will be able to obtain product liability insurance on commercially acceptable terms, if at all, or that we will be able to maintain such insurance at a reasonable cost or in sufficient amounts to protect against potential losses."

"We do not intend to promote, or to in any way support or encourage the promotion of, our product candidates for off-label or otherwise unapproved uses. However, if our product candidates are approved by the FDA or similar foreign regulatory authorities, we cannot prevent a physician from using them for any off-label applications. If injury to a patient results from such an inappropriate use, we may become involved in a product liability suit, which will likely be expensive to defend.

These liabilities could prevent or interfere with our clinical efforts, product development efforts and any subsequent product commercialization efforts, all of which could have a material adverse effect on our business."

PAGE 31 (same 10-K filing, the last, most recent one)
"Our product candidates may never be commercialized due to unacceptable side effects and increased mortality that may be associated with such product candidates.

Possible side effects of our product candidates may be serious and life-threatening. A number of participants in our clinical trials of MyoCell have experienced serious adverse events potentially attributable to MyoCell, including six patient deaths and 18 patients experiencing irregular heartbeats. A serious adverse event is generally an event that results in significant medical consequences, such as hospitalization, disability or death, and must be reported to the FDA. The occurrence of any unacceptable serious adverse events during or after preclinical and clinical testing of our product candidates could temporarily delay or negate the possibility of regulatory approval of our product candidates and adversely affect our business. Both our trials and independent trials have reported the occurrence of irregular heartbeats in treated patients, a significant risk to patient safety. We and our competitors have also, at times, suspended trials studying the effects of myoblasts, at least temporarily, to assess the risk of irregular heartbeats, and it has been reported that one of our competitors studying the effect of myoblast implantation prematurely discontinued a study because of the high incidence of irregular heartbeats. While we believe irregular heartbeats may be manageable with the use of certain prophylactic measures including an ICD, and antiarrhythmic drug therapy, these risk management techniques may not prove to sufficiently reduce the risk of unacceptable side effects"

Sounds like some pretty serious kinda stuff to me- that they went out of their way to disclose and file with the SEC and all, no??

Again, just seems kinda confusing to me? I mean what can some physician be "trained" to do or what BHRT "product/treatment" or whatever can a physician use that BHRT has to date and use it safely and ethically? Seems like it would contradict their own 10-K statements above, just in my opinion, the way I read all they made an effort to specifically state in that legal document/SEC filing quoted above? Maybe just me, but very confusing it seems IMO??

"twitter"???

Anything on "twitter" about the continually sinking share price, now reaching about an 8 or 9 month low? Or their extremely low cash or their reliance continually on convertible debt financing and "stuff" like that? They sure seem to "selectively" choose what goes to "twitter" IMO?

I follow some other pretty successful tech, bio-tech and other public companies (who have earnings, a lot of growth, appreciating share price in one of the greatest bull markets in history, etc) and I don't even know if they have a "twitter" account or twitter "feed" or whatever it's called?

Sure spending a lot of time IMO working on "twitter" versus say, things like the 4 or 5 yr old "trials" that have, and are going no place? Or the continual dilution and lack of ability to attract any kind of financing other than highly dilutive financing, etc??

I just don't personally know of any successful companies that were created or built or grew because of a lot because of flooding "twitter" with posts? Might just be me, but that's sort of my experience? I can't think of a single high technology company that was built and grew via "twitter posting"??? Seems like a lot effort for a 4 person, full time employee company- when they spent about $3K a month total on their R&D, aka "trials" and medical/product research last qtr per their own SEC 10-Q filing.

Kinda confusing to me personally- what this "twitter" stuff is supposed to lead to or ever amount to for a company? Seems like cash, controlling enormous expense growth, funding and running clinical trials- since they say they're a HEART based R&D company, and maybe these recent law suits against the company and BOD and Northstar (how much will they spend in legal fees on all that, when they have total current assets of about $250K per their last 10-Q filing?)- just seems like all that various "stuff" might be a tad bit more important than having a "twitter" account and posting a bunch of fancy graphic pictures on it and 140 character "bites" and little "quotes" and stuff on it?

Doesn't do it for me personally- don't see any value in it to a struggling, cash strapped company with almost no employees and very little resources.

"BioHearts new stem cell training website. "????

But wait, they said previously their "training" was some sort of "partnership" with Global Stem Cell Group? I can't follow or keep up any more, it's very confusing?

So now there's two web sites that say almost the same thing?

http://stemcelltraining.net/about/

http://www.usstemcelltraining.com/faculty/

http://finance.yahoo.com/news/bioheart-announces-agreement-global-stem-131629865.html

And now another sub company I guess, called U.S. Stem Cell Training? Where was the public info about this ever put out? How did anyone even find this new web site called U.S. Stem Cell Training?? Was it announced somewhere to the public shareholder base?

Notice, Global Stem Cell Group and Bioheart's address have now become one in the same?? How does that "work"??? I guess they can fit these two huge, "global" businesses all in that little ole 4000 sq-ft leased office space? Pretty amazing? I mean Global Stem Cell Group alone is said to have 6 sub companies, per their own web page? And now BHRT apparently has created another sub "training" company of some sort? Why?

Are they even remotely a HEART "stem cell", FDA "trial" company anymore? Which of the 4 full time and 1 part time employee is working on HEART TRIALS anymore while also running a "training" company now too, a complete new company apparently, and how is money from that company separated from BHRT, etc?

It's extremely confusing IMO. What business is BioHEART actually in anymore? I can't tell, that's for sure?

Thinks that's the new 8 month LOW on very high volume? Wow.

Just no bottom appears in sight yet, no bid support and not enough buyers it appears to stem all the selling pressure.

.014 and they just blew the volume up again, right towards end of day.

This is wild trading in here lately. It does "maybe" $1,300 bucks worth total one day, and they maybe bump it up a tad. Then next day or two it gets hammered down on 1.8 million shares or more.

Still gotta believe IMO that this is all related to the recent Magna deals- these volume spikes occurred like clockwork as soon as the official filings went out, that's how it appears to me.

And then there is still Asher, Daniel James and Fourth Man who all, also have convertible debt deals going with BHRT.

A lot of low priced share overhang on this one- that IMO is what just keeps dropping the bid and is causing the lower lows and lower highs. Getting pretty darn close back to that 1 CENT price area again.

Opens on 857 shares traded, another "odd-ball" 1st trade, seconds after opening?

857 shares X .015 = $12.85. Twelve bucks and 85 cents, trades seconds after the open? Not 800 shares or 850 shares, but 857 shares??

Who would place a $12.85 cent order for a 1.5 cent stock? I sure don't get it? It did the near identical thing yesterday, opened on a single trade of about $11 bucks, down 11%, then sits parked for quite a while, then trades all over the map during the day, with long periods of no trades at all (1 hour plus) and then closes down 4% or so?

Pretty wild ride lately. I really don't get these opening trades for like $12 bucks or whatever? Sure doesn't seem like "normal" retail trades IMHO, but what the heck do I know? Strange things have happened.

TMR Research? Never heard of um before?

Their disclaimer page statement is pretty interesting though IMO:

"Transparency Market Research report information is based mainly on interviews and therefore, is subject to fluctuation. TMR therefore, takes no responsibility for any incorrect information supplied to us by manufacturers or users"

http://www.transparencymarketresearch.com/disclaimer.html

Not sure how much weight I'd personally put in any report where the publisher, up front, states they take "NO responsibility for any incorrect information" in it??

They essentially state on their disclaimer above, as well as, right on the main page where the "report" is being sold that most, if not all the info in said "report" comes from the companies themselves. (they appear to be a very small group IMO, with a website and some expensive reports, as in $4000.00 plus ea).

Hardly an "unbiased" place to get any info or "projections" about where an industry or potential business segment is supposedly going or expected to be in 4 or 5 years? The U.S. govt with near unlimited funding and research team resources, that can probably fill a stadium, and access to every university in the nation, etc is rarely, if ever, even remotely accurate in trying to "predict" things 4 or 5 years into the future.

It's pretty amazing to me that this "TMR Research" can apparently "predict/project" (but in their disclaimer state zero guarantee as to accuracy) can project 4 plus years into the future and make a claim that the market size will be $119.52 Billion dollars. Not $118 Billion and not $120 Billion and not "approximately $119 Billion" but exactly $119.52 Billion. Wonder who calculated the .52 portion of that "projection" and using what methods and with what accuracy and confidence interval, etc? The bold statement in their PR say the "market TO BE $119.52 Billion". Not "approximately $119.52 Billion" or not "estimates project a market that MAY reach $119 Billion" or similar wording, but the market is "TO BE $119.52 BIllion". I find that 100% impossible to believe, me personally. Who or what methodologies can guess/project that far in the future and get a number good to within 2 places after a decimal point, regarding anything? No one can even project what the population of the world or even the U.S. will be in 4 plus years, with that kind of accuracy, so who can possibly know who's gonna be spending what on "stem cell" anything, when the FDA has approved ONE "stem cell" product to date? That's way out there far-fetched to me.

Just too many variables and unknowns IMO. Further, how this would relate to one specific company such as BHRT, IMO, would be virtually impossible to correlate. BHRT, for example may get 0% or maybe 1% or maybe 5% of that "projected" $100 billion plus imaginary pie that's suppose to be there in 4 to 5 years, but who know- who can possibly project that accurately today? Especially when the main source of info appears to come from just asking the companies themselves? Of course they're gonna "project" there's a huge market out there. All businesses do that.

A link to a "report" that's projecting 4 plus years out into the future. OK. Doesn't do much for me, IMO. I'd be more interested in BHRT's next 10-K filing, share dilution numbers, cash position, debt they need to service, expense line (which has been growing enormously), etc.

My 2 cents on "reports" that project events/markets way off in the future and now they relate to one specific company.

"Looking good today back at .016+ a lot of accumulation going this am."

Very interesting and detailed analysis except the pricing points and projection of an upward price movement or accumulation just didn't seem to be the case so far.

It appears to have traded down 4% plus today which doesn't appear to indicate "accumulation" as the stated analysis indicated? Seems more like just plain old selling perhaps, seeing that it's only holding 1.5 cents now, no?

But good, detailed analysis either way.

"The market cap at .015 with more shares as you say would be higher then"

That would be a true statement. But no one knows the number till the next SEC filing, which will most likely be the 10-K, annual report.

Thus, the "known" market cap today is always calculated using the last, SEC filed share count. That's how it's always done.

If you watch a site like Yahoo, or E-trade or the Wall St Journal or whatever- watch the market cap number after the 10-Q or 10-K is put out. It typically take um a few days, often longer- maybe several weeks, then you'll see um update their share count number as their software "bots" crawl and scrape all the latest SEC filings and then their market cap numbers and all their other numbers in their "stats" will adjust accordingly.

One will often find a lot of info on like Yahoo finance page for a stock is just totally wrong- and it's because it's auto-scraped using software bots. Sometimes it scrapes a bad number, dated number, makes a bad calculation, etc.

Most of the broker's pages, E-trade or whatever try and be pretty accurate. The only true place to get certain, 100% guaranteed numbers is to read the company "financials" themselves. Typically the first 6 or 8 pages in the 10-Q or 10-K. The ledger, accounting looking entry pages that show top line revenue, expenses, costs, shareholder equity, profit and loss, operating income, etc. Those are the 100% correct numbers according to the company and on the 10-K, according to their auditor, if they have audited statements, which BHRT does up to this point.