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this is a little more accurate pps. Wish it were not the case but Larry and co. are a bunch of nothing.
We are grasping here. Reminds of the X-Files poster I want to believe. I think there is a better chance of extraterrestrial life than of Welwind actually producing good news.
Great article. No surprise NPR has some of the best coverage on this issue.
Wow, with all the moderators, you'd think that we had a least one announcement in the last year.
I wonder what Larry does in a given day? Somehow, I don't think working on Welwind is part of that equation. It may have been at some point but certainly not any more.
This whole going dark idea would be nice but I think we all know that it is not true. Let's face it- we all lost some money. If Larry admits to failure than the stock is finished and his ability to continue to make something off of this is finished.
No public comment is safer for him because it keeps shareholders holding on to that glimmer of hope and keeping their shares so that the company does not go belly up.
Exactly escape81. Right on. Poster44ny sounds like Larry in disguise. It all sounds like BS excuses to me. If there really were legitimate plans to start the project, there would have at least been some sort of update or follow up to all the cheery news from summer 2010.
If Larry really still has something on the table/still working on something then why has he or Welwind not officially released this information? It's because it obviously ain't happening.
First Rabin, then Lanza, and now Vincent. They keep not so subtly implying that there is some major news to report from the trials but are unable to say it yet.
I just think that while we do not know the magnitude of evidence or exactly what we will find out but it appears to be extremely positive. I find it incredible that the initial dosage intended only for safety exceeded expectation or maybe even blew them away. This is so exciting for ACT, shareholders and most importantly all of us that will eventually benefit from the science.
What an exciting anticipatory moment in all our lives. It's so nice to write a positive post for a change!
If Lanza is tweeting that he hopes to report some success soon than does that mean that they will release some information prior to it being released through medical journal? The timing of all this is so confusing and of course one of the things we are all so highly anticipating.
Question: So we should definitely have an official/medical journal update on the clinical trials well before the completion of Phase 1? (which is less than 6 months away)
aandt, It's not that I don't believe you've been communicating with Larry- it's that I don't believe Larry. I really don't think he is close to any deal. He has promised us updates for a year and a half now and has not officially reported on anything even to say that nothing new has emerged. I believe he has failed and just never come clean to investors. These last few days don't show me hope but how easily the investor can be swindled. Best of luck to all.
Yep, you nailed it. I also think they want to milk every last cent possible and lack of communication will help enable that.
Good post. I agree. There are so many factors to how a share price reacts but one would think if positive results are reported from phase 1 and then eventually phase 2, the stock would rise rapidly in a heartbeat. I would imagine though of course I could be wrong that any sort of improvement even from this phase 1 safety trial would be cause ACT to finally turn the corner and be taken seriously by the world and investors.
To be honest, I'm amazed that this thing is worth anything at this point. Amazing they get anyone at all to still buy this. Anyone that would buy this now I would have to wonder what they were taking.
Other than a huge salary, what are some pros and cons of Rabin being the permanent CEO?
If $18,000 is the problem, I wouldn't expect to see wind farms or any progress during our lifetime. My hunch at this point is that he either delusional about the future or just blatantly lying to us in his emails.
We've invested our hard earned money in a risky stock- we all want to believe and hold on to any hope- but come on, really? This is just ridiculous.
How difficult is it to file when there is nothing to report? Thanks for the message but we've been hearing this periodically over the year and Larry no longer has any credibility because he never comes through on any of his comments or promises.
No chance. At this point I think they are just holding on for their livelihood. I think they meant well and need to hold on for every cent they can get at this point- unfortunately at the expense of us poor shareholders.
Agree. Check the last year of posts on this board where someone says that they have heard back from Larry and he says "oh next week or very soon."
I think he has the words next week and never confused.
Wow, as in working really hard, do you mean that Larry and Tammy have done nothing and not provided a single update to shareholders?
What a joke. I am convinced that at this point, people who post with hopeless optimism are either naive or have an inside agenda allowing Tammy and Larry to sell more shares until there is nothing left.
Even, if they were working really hard don't you think that after such strong pr's from last summer, they would follow up with any kind of update? But alas, we have received nothing. This tells me where they stand.
and barely that. Also, one delusional believer- sorry Plumo. I applaud your effort and enthusiasm but welwind is a joke at this point in time- maybe always.
I've lost all hope in Larry and the whole company. Haha, the whole company- there is no company. I wonder if there ever was or how long there has not been. I think the few of us on this board would have a better chance of getting a project going in China than Larry, Tammy and Welwind. No transparency, no updates, no nothing. It reads simple- it's just a last ditch effort by them to collect money and sell shares until there is nothing less. I wish I was wrong.
Nice to see a recovery with trials starting next week.
I'm not one to make pps predictions but with trials right around the corner this could be the last dull week for ACT in a while.
I was thinking those patients are pretty brave but I think most of us would participate in these trials as well if we were faced with the same conditions.
There's a CEO who says I'm really interested in helping the people and the environment, haha What a joke, no different than most corporations out there.
That's a good article. It's really nice to hear the story from this perspective. Will be quite touching if ACT were able to help this woman.
New website looks sharp.
Great insight and post.
Rocky or anyone else:
Hopefully by early next week we will see some info on clinicaltrials. After that and assuming others follow and they start patient enrollment, are we still on schedule to begin treating the 1st patient late first half (June 1)of this year like we keep hearing.
Because if that is the case, we are only 1 month away and that is incredible.
I appreciate your optimism but I think you belong on the yahoo board. It's nice to be able to come here for facts and honest discussion. I've looked at many of your posts since you started and they are mostly unrealistic expectations expressed combined with confident urgency. Many would say pumping. I'm not going to accuse of you that for you are entitled to your opinion but you constantly fill up the board with these ridiculous statements and predictions and it is just utter nonsense.
We are all hoping that our investment comes through but don't need large amounts of uninformative, wasteful posts to sift through daily. Haiqi, please don't be offended- I do not mean anything personally, I am just trying to make this board more of a resource. I think your posts of this nature are better suited for the yahoo board where there are many other similar posts.
Keep Dreaming
Even the Homer Simpson's and Peter Griffin's of the world sold/gave up on this stock ages ago. It's just dolts like us who stay invested. I got into it because I wanted to invest exclusively in sustainable companies but I feel like the joke is on me now.
No news since Oct. 18
Share price plummeting- our investments are almost worthless
Tammy on record selling shares
A chain of despondent emais from Larry.
All signs of a company about to shut down. I wonder if they ever really tried like we all believed they would or if this was just another penny scam?
I have a hunch that all these shares recently that we've seen traded around the .005 range are Tammy getting whatever she can at this point. Why am I not doing the same?
Even the welwind website has the wrong stock price. This company is a joke.
Hey aandt,
Any follow this November from Yatu or from Larry? We have not had any news since Oct.
Would love to hold still but these past months are so frustrating and I get the feeling that Tammy is selling as many shares as possible before we hit even lower lows.
I know everyone wants the trials to get started and the anticipation is overwhelming- but remember the end of May/early June is 2 months away 3 months the most. This is not 2-3 years. Maybe years till approval but 2-3 months is nothing compared to the many years many of us have been waiting.
It makes sense that the company will generate significant interest once trials start and that may be a good time to r/s but no one knows for sure now.
Impossible to know right now but maybe those were Tammy's shares out the door.
Any way for us to force an update from the company? Can they just go on forever with no communication?
Yes, well said. Or we could all have thrown money towards oil when the markets crashed a couple of November's ago.
yeah, I think there lack of communication says it all. They have not come through on big promises (imminent financing) as well as small promises (promising updates in personal emails). From our point of view, nothing has come true so I have start thinking they were all lies and looking for some sort of exit strategy.
Haha, certainly a better idea than the current state of things.