Maybe I'm missing something? The 10K was filed *prior* to the 8K default notice.. so ACTC have stated one thing, then filed an 8K *later* saying they defaulted. Clearly these filings appear contradictory, but wouldn't the 8K default notice be a correction of the 10K since it came later, because it would make absolutely ZERO sense to file the 8K default notice otherwise..? If not, please somebody, ANYBODY, explain it in a way that makes sense, rather than just saying "they didn't default, even though they filed an 8K saying they did".. with absolutely nothing to back up that assertion.
Perhaps this is just a case of people believing what they want to believe rather than facing reality?
One of the more telling indicators to me is that the pps dropped near 25% on the 8K news, yet ACTC didn't say a word to clarify the situation if it wasn't really a default. If it really wasn't a default, don't you think ACTC would actually say something about it in the face of near 25% pps drop?
By saying nothing, they neither confirm nor deny the default (although the filing itself is rock-solid confirmation anyway), but hey, why confirm it twice if the pps has stopped falling because of wishful thinking?
Please enlighten me, because not one person has yet qualified their assertions that there is no default, beyond apparently just wanting it to be true...
