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1 to 6 split across all share classes!
Hysterical investors should not be invested in stocks.
Your angst being made public is painful to observe.
Easy money if patient
All that happens now is the usual--panic over RS--long time retail bail--real money comes in---nda filed this year--approval first or second quarter--pps 2-3 dollar minimum
As in every RS--or loan --or equity raise==all that matters is the why and what the future holds. If cytr had no deal ,no money--a RS would indicate death spiral. In this case all the data is positive--billionaire funding--almost guaranteed approval--easy money for less than 12 months patience. Sad to watch the retail castration by pros creating a panic. Happy to pick up cheap shares.
Cytr will go slow on other programs just like last months- of course Sk could dilute at any time - but not necessary. I do expect more dilution once price 2-3 dollars
Zero need for funding- provided by Nant
Nasdaq completely irrelevant
Approval based on doxy an existing approved drug
Production in 2018 as per plan
Approval Aldox 1st quarter very likely with large increase pps-could be earlier. FDA requires no new data. Experienced team to file application and outline manufacturing requirements. NDA will easily be filed in Fourth quarter with quick approval.
Long term investor needs less than 6 months for amazing Roi- and that's without any news.
Ignore day to day fluctuations over next months- just noise- relax- you have a winning hand
HILARIOUS angst over delist
We resided on a major exchange,pps in the 40 cent range,terrible dilutions,no path forward--BUT AT LEAST WE WERE ON AN EXCHANGE--HAHA
NOW, we have the FDA all but granting approval after the meeting,we have a billionaire funding all ALDO expenses, billionaire with successful approved drugs handling the application, and within 6 months CYTR will be a producer of an approved drug.
OH --but all is lost--none of the above effects the value of our investment--all investors care about is delisting
HILARIOUS
Sure shorts and panic stricken rookies will briefly drop pps --and then real value gradually builds--what a complete non issue
Unless a trader- if you plan on holding til nda approved- which is almost a sure thing- delisting is completely irrelevant- short term price fluctuation and noise
As we all know profits and losses occur only when you exit a position. If some do not enjoy trading- and aldox extremely likely for approval in less than one year- those accumulating in the 60s will be richly rewarded.
No need to worry about a short term surprise effecting pps in either direction. Personally will continue accumulation- and if there is a sharp drop- will buy more.
Specifics not being released are a legitimate reason for buyers waiting to evaluate short term potential. Price may drop more but delist a real red herring. Firms allowed to invest in a 40 cent stock pre FDA meeting, horrible management and repeated dilution- with no path to produce or get approval- NOW will sell with billionaire funding, his firm with approved drugs preparing the application, extremely high chance of approval with next 6-9 months- that would be incompetence at the level of SK
Many on the board are traders- some honest, many not so- but nothing wrong with that- make more money when you can.
Approval extremely likely with such postive response on FDA meeting.
Oncologists not switching to the safer more effective form will be taking on enormous malpractice risk-especially if heart failure occurs. Transition will be rapid- much better choice for patients- an defensive medicine for themselves.
Great post tspoprano??
Perhaps negotiations not on the deal--but on SK removal , transition, and severance--as well as new board selections. Large shareholders wanting growth have to want SK removed.
Remember that aldox will gradually replace doxy - a drug with huge annual sales. While it will take several years to penetrate markets- the market size insures that our revenue stream will be significant. New drugs face a steeper challenge- physician education and acceptance should be much easier for us.
There may be some short term volatility BUT if SCLC results are good and released near term - the stubborn remaining shorts will experience a learning experience called a short squeeze. the phrase pigs get slaughtered applies to shorts that stay too long as well as greedy longs. I look forward to watching it if data released.
If a deal is close to being completed, listing or delisting is completely irrelevant. Even if the pps drops it is completely irrelevant. If a deal gets done over the next several months, investors will be rewarded.If no deal can be reached, buyout,jv, or contract manufacturing- then no NDA- and investors get clobbered.
Also the FDA is not requiring more data- there is no significant short term capital drain - there is no urgency to begin NDA or complete a deal. If it takes until yearend so be it.
Having said that I expect an announcement within 90 days as I believe interested players and their offers are on the table- and further delay is unlikely to enhance value significantly.!I believe SCLC trial not being released as part of non disclosure agreements with serious parties.
I am long- think a buyout likely- probably 3-4 dollar range- because we have no leverage. We can not bring this to market on our own. I hope and pray that multiple buyers are elevating the price but after experiencing astellas rape OCAT shareholders (like me), I believe an equitable valuation is unlikely.
Compassionate use for Stargardts likely 2014---2015 unless studies falter.Off label use for AMD prior to official approval very likely as well. Agree that real show 24-36 months away--success very likely.After uplist, equity raise will be non toxic and allow ACTC to wait for reasonable jv offer. I suspect jv prior to end of 2013 though could occur at any time.
NEW ARTICLE INTERVIEWS VINCENT---GREAT
http://www.revophth.com/content/d/features/i/2088/c/36434/
Aronson update
Aronson/gorton:
ARONSON/Gorrton CASE: MOTION TO DISMISS REPORT
Recommendations from Magistrate Judge, I will separate this all out with future posts. This is a 30 page document.
Fraud dismissed, breach of contract on Woodward warrant moves forward, other plaintiff items barred because
of length of time Statutes.
07/16/2012 Magistrate Judge Judith G. Dein: ORDER entered. REPORT AND RECOMMENDATIONS re 19 MOTION to Dismiss First Amended Complaint filed by Advanced Cell Technology, Inc., 38 MOTION to Dismiss filed by Advanced Cell Technology, Inc., 13 MOTION to Dismiss the First Amended Complaint filed by Wilmington Trust, N.A., 37 MOTION to Dismiss filed by Wilmington Trust, N.A. Recommendation: Motions to dismiss(Docket Nos.13, 37) be Allowed and that ACT's motions #19 and #38 be allowed in part and denied in part Objections to R&R due by 7/30/2012(Quinn, Thomas) (Entered: 07/17/2012)
REPORT AND RECOMMENDATION ON DEFENDANTS’ MOTIONS TO DISMISS
As detailed herein, this court finds that Aronson and Gorton have failed to state a claim for violations of the
federal securities laws, and recommends that Counts I and II of the plaintiffs’ First
Amended Complaints be dismissed with prejudice.
This court also concludes that the plaintiffs’ allegations are sufficient at this stage in the litigation to state a claim against
ACT for breach of contract relating to ACT’s issuance of a warrant to William Woodward.
Therefore, and for all the reasons described below, this court recommends to
the District Judge to whom this case is assigned that Wilmington Trust’s motions to
dismiss (Docket Nos. 13, 37) be ALLOWED
and that ACT’s motions to dismiss be ALLOWED IN PART and DENIED IN PART, in accordance with this decision.
For all of the reasons described above, this court finds that the plaintiffs have failed
to state a claim against the defendants for violations of the federal securities laws, and
recommends that Counts I and II of the plaintiffs’ First Amended Complaints be
dismissed with prejudice. This court also concludes that the plaintiffs’ allegations are
sufficient at this stage in the litigation to state a claim against ACT for breach of contract
relating to the Woodward Warrant. Therefore, this court recommends to the District
Judge to whom this case is assigned that Wilmington Trust’s motions to dismiss (Docket
Nos. 13, 37) be ALLOWED and that ACT’s motions to dismiss be ALLOWED IN PART
and DENIED IN PART, in accordance with this decision. Aronson/gorton:
ARONSON/Gorrton CASE: MOTION TO DISMISS REPORT
Recommendations from Magistrate Judge, I will separate this all out with future posts. This is a 30 page document.
Fraud dismissed, breach of contract on Woodward warrant moves forward, other plaintiff items barred because
of length of time Statutes.
07/16/2012 Magistrate Judge Judith G. Dein: ORDER entered. REPORT AND RECOMMENDATIONS re 19 MOTION to Dismiss First Amended Complaint filed by Advanced Cell Technology, Inc., 38 MOTION to Dismiss filed by Advanced Cell Technology, Inc., 13 MOTION to Dismiss the First Amended Complaint filed by Wilmington Trust, N.A., 37 MOTION to Dismiss filed by Wilmington Trust, N.A. Recommendation: Motions to dismiss(Docket Nos.13, 37) be Allowed and that ACT's motions #19 and #38 be allowed in part and denied in part Objections to R&R due by 7/30/2012(Quinn, Thomas) (Entered: 07/17/2012)
REPORT AND RECOMMENDATION ON DEFENDANTS’ MOTIONS TO DISMISS
As detailed herein, this court finds that Aronson and Gorton have failed to state a claim for violations of the
federal securities laws, and recommends that Counts I and II of the plaintiffs’ First
Amended Complaints be dismissed with prejudice.
This court also concludes that the plaintiffs’ allegations are sufficient at this stage in the litigation to state a claim against
ACT for breach of contract relating to ACT’s issuance of a warrant to William Woodward.
Therefore, and for all the reasons described below, this court recommends to
the District Judge to whom this case is assigned that Wilmington Trust’s motions to
dismiss (Docket Nos. 13, 37) be ALLOWED
and that ACT’s motions to dismiss be ALLOWED IN PART and DENIED IN PART, in accordance with this decision.
For all of the reasons described above, this court finds that the plaintiffs have failed
to state a claim against the defendants for violations of the federal securities laws, and
recommends that Counts I and II of the plaintiffs’ First Amended Complaints be
dismissed with prejudice. This court also concludes that the plaintiffs’ allegations are
sufficient at this stage in the litigation to state a claim against ACT for breach of contract
relating to the Woodward Warrant. Therefore, this court recommends to the District
Judge to whom this case is assigned that Wilmington Trust’s motions to dismiss (Docket
Nos. 13, 37) be ALLOWED and that ACT’s motions to dismiss be ALLOWED IN PART
and DENIED IN PART, in accordance with this decision.
Aronson denied refiling based on sec charges !
While the lawsuits and sec investigation are just noise---versus long term worth---good news regardless
After the SEC filed suit against ACT Aronson filed a Judicial Notice to Judge asking for consideration
in viewing the document and essentially trying to amend his compalint for additional shares.
Judge Magistrate Dien has denied that request. Motion to Dismiss is still before the court and not
yet ruled on...bolding below is mine...thanks
07/16/2012 Magistrate Judge Judith G. Dein: ORDER entered denying 43 Motion for Leave to File Document (Quinn, Thomas) (Entered: 07/16/2012)
For the reasons detailed herein, Aronson’s motion for leave to file is
DENIED.
complete post by rocky today
Isn't it strange how for each seller happy to find a fool to buy his shares there is always a buyer laughing at the fool who sold just before the light at the end of the tunnel arrives.
Year end
Everyone that has been in WWEI for over one year is disappointed and frustrated. Penny stocks swing for the fences. They are startups with no existing business,or a failed existing business, and have little cash or credit. They have dreams and a longshot plan to reach success. The vast majority fail. All seasoned investors know this. While some fail because of shady ethics, most fail due to lack of capital and experience.WWEI has no information to add. To summarize WWEI has an agreement to sell energy to the local government. The details of the contract are to be determined by the federal government. They have not provided a construction permit or contract at this time.We also do not know if we will be relocated. Further wind studies at a new location may be required. This could require a significant further delay.WWEI HAS NO OTHER REALISTIC OPTIONS AT THIS TIME.THEY CAN DO NOTHING BUT WAIT. If eventually they receive a construction permit and a reasonable contract---financing will follow and pps will increase. If there are long delays pps will be subpenny. This is reality. Wait until years end--if there is no agreement we all made a stupid investment. But stop whining---we are in a penny stock---you usually lose in these. The story with WWEI is not over yet. I plan waiting several months before writing this one off.
The PPA details have not been released because the actual details will not be determined until construction permit is issued. WWEI is a very minute player in the steel development project so could still be months.
Chinese law REQUIRES the government to buy the energy if local government has agreed to ppa. Creditors are investing in the guaranteed revenue stream---not WWEI balance sheet or 10k. Risk is further mitigated by turbine agreements---where manufacturer promises performance of turbines or is liable. Windcor has plenty of experience with the operational aspects. As I have posted before this is a speculative investment. As to management, certainly they have the most to lose and are probably far more disappointed. Would any of us want to try to coerce Chinese government action with no leverage? If by year end there is no agreement then all of us---especially the management, will have been proven mistaken in making the investment. Until then--------
The only reason that the jv was offered was because wwei could bring prefered financing to the table---china had 8 percent interest rates at the time. Anyone in business has probably had the experience of an initial positive meeting with bankers pending dd and committee approval. Since october [wsj article] lending has tightened--ken lewis-boa ceo-said today to expect further tightening before credit improves. A number of bank analysts feel citi and boa are history. Analysts also suggest 16 of top 19 banks will fail stress tests and are functionally insolvent. ARM refinancing will not peak until 2011. Defaults are rising for credit card and commercial real estate---largest mall owner in u.s. in bankruptcy now.WSJ had article in last week or so detailing how wind project financing has dried up delaying numerous projects worldwide.
Obviously financing did not materialize for a wwei joint venture as structured.We can assume moronic management or a small company having its business plan stomped on by the worldwide credit crisis. It amazes me how almost every stock message board has angry investors solely blaming management--depression and worldwide credit crisis are not the main problems. Perhaps they should be more direct---jv cancelled because wwei could not obtain financing initially promised.
Current china wind farm will take months before any approval--financing will likely take months more---construction months more. Shannon stated in the conference call that from start to finish the average wind project takes 5 YEARS.Mines take 5-7 years to develop a producing mine.This a highly speculative stock with success far from guaranteed--but it does not necessarily mean a scam.
Please list the specific actions that you would have taken to insure timely progress in the project. Do not just list get project approved---tell us exactly how you would have achieved approval.
define scam ----how is a scam different from the 95 percent of small businesses that fail each year--usually do to lack of capital or experience?
Is a scam simply any start up failed business that you invested in---because your due diligence could not possibly be wrong?
The 10k will tell us nothing we do not already know--no revenue--no current operating income---sure it is not positive that they have not complied with well known requirements. But ultimately this will be zero or 20 cents pps based on whether they obtain a construction permit and acceptable financing-----and they have NO CONTROL over either.WWEI is a minor issue in the zhangziang project so China will proceed at the pace that they choose. Banks or private equity will be far more concerned with ppa details than if a say nothing 10k was a few weeks late. As uncomfortable as this may be anger at Rob or Larry or Tammy will not speed things up. They could send an email saying "We are not in control--we are anxious--we have far more to lose than you==we are doing what we can little as that is--- "I suspect that a series of announcements will occur but that actual signing of agreemants will be months away. Still buying sellers shares---but have a realistic timetable.
Hang in there a while longer---these things take time like it or not----the exponential growth of development in zhanjiang while causing months of further delays may end up requiring far more energy than intially expected by authorities.The current electrical grid may need a marked increase in energy production from a variety of sources to meet future demand.While I doubt the first 49mw will be complete prior to year end 2009--it is a real possibility that future scope of development of the project will exceed our current concept.
While I agree with naysayers that a pr will do nothing without a construction permit and financing closed,I am planning to hold my 500k shares for months more before even considering selling. Imagine the disappointment if someone held for 1-2 years,sold at 2 cents, and then watched a 1 dollar stock develop 12-18 months later.
Nothing has changed recently---no ppa, no financing= bad investment decision by me. If ppa and financing occur, this was a good decision. For those wondering about current delay---listen to the conference call---it will answer your questions. Are those leaving and taking tremendous losses making the correct decision---they may be but I believe that their exit is premature. If you have had enough, I understand, I wish you well ----and I thank you for your shares at these prices.
Construction can not begin until permit approved---this is at national government level and details require plan being coordinated with the 10 million ton per year steel project that takes precedence. At that time ppa and financing details will be finalized. pps unlikely to rise until then.
There are many possible reasons for selling including manipulation. I suspect the most likely reason is simply fear. As time has passed it is clear that the new administration has no sweeping plan to quickly heal the banks and credit crisis. Talk of tax increases and huge spending has convinced many that the recovery will be prolonged. Many pessimists urge going to cash, gold , or strong large caps. Day after day this can wear some to start the selling parade---then panic sets in---is there bad news. My belief is that nothing has changed---it will be 3-6 months before we know whether we made a great risky investment or we were stupid again. We need a construction permit, ppa with good terms, and a financing deal signed---until then we wait. I believe that it is likely that we will be rewarded but near term pps will be volatile and disturbing. Still long 500k shares.
I suspect wwei rejected jv with ningxia as relationship with yatu-engga grew. Remember ninxia was using mitsubishi turbines. Engga jv far more valuable. My posted link opens to page 17 as you correctly referenced---they are going tospend huge cash and wwei is partner. No wonder bashers want your shares.
Reason for manipulation
http://neec.no/uploads/Wind%20power%20in%20Guangdong.pdf
engga spending 700 million---look at wwei reference
No wonder people shaking the trees for weak hands shares
I am buying not selling
gnote has no proof. He is direct from yahoo bashing board. He is bright enough to temper his rhetoric to stay on this board. Use your heads. Pump and dumps work the reverse of current scenario. Massive news, conference calls, and press releases drive price up---insiders ONLY SELL ON PRICES RISES. NEWCOMERS buy at high pumped prices ---then a news blackout--prices fall , newbies become depressed and sell at huge loss---cycle repeats. I do not believe this is a scam or pump and dump. I believe it is a small company facing the adversity of the credit crisis---along with thousands of others. I am still long 470k. If insiders are doing anything--THEY ARE BUYING.
personal responsiblity
It is always amazing to me how many "perfect" investors flock to message boards. Despite a worldwide financial crisis, reputable large caps unable to get financing, and our banks being nationalized---a non revenue producing company is expected to defy reality and execute its business plan. They have a tentative ppa, a turbine provider relationship, and are inbred with Windcor--so can put up the farm. This is all meaningless without financing---which if it does happen is unlikely to happen for months.
So now its Rob's fault for the pps---or Tammy mislead you---or Larry raped the company---or its all a scam ---or you listened to pumpers on a message board. No---you made the investment. At this point in time none of us look very bright. But I am pretty sure I am the one who placed my orders. And if this does not turn around in the next 6 months I will be the one responsible for a bad investment. Ken Fisher's excellent book calls the market the great humiliator. The greatest investor error he notes is irrational pride---denying personal responsiblity for investing mistakes---because you will never improve. Get rational and point the finger at the guy in the mirror. I am still interested in the final act. No financing in 6 months --stock is at zero. If financing obtained -multi bagger. All that has occured is a reality check---no financing and no farm in this credit environment. We all knew that was the true reality at this point. Why are some so crushed?
The main story remains unchanged---if financing can be obtained at a reasonable rate, profitable wind farms will be developed. No financing=no wind farm. The only true dis appointment is that the credit crisis has delayed the timeline. And all of us have been thru the numerous ppa delays. Selling now is likely an emotional poor decision. Hold on several months and allow the credit markets to improve.
No contradiction.wwei said that they could refinance the ninxia project at a lower interest rate---as the crisis worsened their ability to do so changed. wwei could not provide better financing at this time so no jv
The reason for the jv was that wwei claimed to be able to obtain financing at a lower rate than the current project financing rate. Refinancing made sense to ninxia. With the credit crisis, obviously low interest financing is on hold worldwide. You all know that. I hate to keep posting this same info. There is a credit crisis---it changes all companies timelines. What would you like Larry to do about it?
common sense---If a pharma giant like Pfizer is having to pay 7-9 percent for a one year bridge loan why do you expect Larry to get great terms and close the loan in days or weeks?
And if he doesn't get a loan ahead of every company on the planet its a scam or you have been duped. We need to grow up. We do not need to be happy about it but the world wide financial collapse and possible depression is effecting even WWEI credit. I am long nearly 500k shares and am very disappointed--but this has nothing to do with the company.This company may succeed or it may fail---none of us know. If capital markets stabilize we will probably close financing and grow pps tremendously--if not we made a bad investment. But those individuals that can not wait out the credit crisis should sell for their own peace. I hope that I am wrong ---but I believe success will require more time.