The chances of ACTC getting financing from ANYONE after this default is almost zero. The only financiers that would even consider touching ACTC after this are the same toxic spiral financiers that ACTC just spent years and millions and millions of shareholder dollars to get away from! How stupid can you get??? This is a complete train wreck.
Considering the stage ACTC is at, I can only conclude this default is not stupid, it is intentional. It appears certain, imo, that Directors, through pure greed and total disregard for the shareholders who have paid their exorbitant salaries for years, are going to run ACTC through bankruptcy to wipe out all us 'pesky' shareholders so they can keep more for themselves. Simple as that.
These 'people' have no honor, they have no interest in helping the human species, they have no altruistic motivation... these 'people' are greed-driven, egotistical, self-serving SCUM.
I am new so only get 3 posts. By this time tomorrow I will likely have started discussions with my lawyer as to what civil actions I can take against the entire BoD of ACTC. Their recent filings say they have enough cash on hand to cover this default, so they either lied (AGAIN) on their recent filings, or they defaulted on purpose - there is no other way to explain this away. None.
