InvestorsHub Logo
Followers 375
Posts 16982
Boards Moderated 4
Alias Born 03/07/2014

Re: Reetala post# 82739

Friday, 03/27/2015 5:14:59 PM

Friday, March 27, 2015 5:14:59 PM

Post# of 92948
LOL quote nonsense, " This is so elemental and is, and continues to be, wholly ignored by all of your repeated posts about dilution." and "THAT, as a blanket statement, is ridiculous"

1) I don't make "repeated posts" about dilution

2) Nothing stated as being "elemental" is even correct in the slightest- nothing but gross errors and a total misunderstanding trying to trivialize mass dilution and LACK OF A COMPANY'S ABILITY TO ATTRACT HIGH QUALITY, NON-DILUTIVE EQUITY STAKE or similar financing, the way HIGH QUALITY companies do it. As opposed to those that are so cash poor, so financially messed up since near inception that they can't even do an actual, traditional "IPO" but instead reverse merge straight to the OTC using the TWO MOONS KACHINA DOLL company to do it.

3) Again, "trying" (100% INCORRECTLY) to trivialize how serious it is for a company, a micro cap, to dilute out to 3 plus BILLION SHARES while literally driving their share price to an actual 5 CENTS shows totally being blind to the reality of the desperation of such a company. Some of the largest, most profitable, most successful companies on this planet don't have 3 BILLION shares outstanding- almost none, and those successful companies never had to dilute out to anywhere near that kind of astronomical share count and turn their common shares to what's close to toilet paper for all intents and purposes IMO.

4) MOST, the vast majority of companies that ever dilute out to literal PENNIES, as in 5 CENTS a share, and share counts like 3 BILLION plus while having true "penny" share prices- statistically most never "make it". Simple as that. They end up BK and/or just fold up and end up gone. The reality of penny-ville and micro-caps. Reverse splits is a hallmark of companies that have gone past desperation. Successful companies FORWARD SPLIT, desperation companies REVERSE SPLIT- that is reality and is not a "blanket" blah, blah or whatever.

5) REALITY- this company's common shares have LOST OVER 98% OF THEIR VALUE since they started trading public- THAT IS WHAT MASS DILUTION DOES. PERIOD. Spin away- cause that 98% LOSS FACT can't be changed.

$5.00 a share when first public = 500 cents a share. Today's price is 6.1 CENTS pre R/S

500 - 6 = 494 / 500 = .988 X 100 = 98.8% LOSS to the common shares. FACT. MATH REALITY.

How bad has ACTC/OCAT past been- and why they couldn't attract any "high quality" money? This article below explains a lot of it IMO, an excellent journalism piece in a highly respected publication. "high quality" money is from Venture funds like "Menlo Park" fame or even right in MA, OCAT'S own backyard- they have their own version of "Sand Hill Road" similar to the West Coast- of the who's who of venture firms- and OCAT has NOT been able to attract dime one from those investors- and that says a lot IMO. LOW QUALITY Lincoln credit card/pay day loan money- they're still living off it, and no "article" or anything else has changed that reality yet. FACTS versus fantasy land.

http://www.nature.com/news/stem-cell-research-never-say-die-1.9759

NATURE, a very respected publication-

"Out of desperation, West agreed at the end of 2004 to take the company public to gain access to a new source of funding. But the legal, accounting and marketing costs of going public through an initial public offering (IPO) were far beyond the company's reach. Instead, in early 2005, ACT merged with Two Moons Kachinas, an obscure, Utah-based outfit that sold Native American dolls. Two Moons was essentially a 'shell' company, allowing ACT to take it over and become a publicly traded firm. This 'reverse merger' was much cheaper than an IPO, but the US$8 million it raised had more strings attached."

More than TEN YEARS ago now. And from there they went on to dilute to 3 BILLION plus shares- never yet producing even close to a salable or marketable or FDA or similar approved product. AA tiny 18 person micro "trial" study and an "article"- big whoop IMO. And $100 MILLION plus dollars up in smoke and a few SEC violations and prosecutions along the way and numerous change-outs to Sr mgt and a lot of insider self-enriching too boot. Other than that, what?

REALITY versus fantasy-ville IMO. And they're still a long, long, long way from anything yet and starving for enough cash to even come close to funding a FDA level Phase II large clinical trial. Which likely means MORE MASS DILUTION which likely means more down-pressure to the common shares- which are already sitting at a 98% plus loss since inception. Simple as that. Never one CENT of ROI to shareholders has ever been produced. Again, just a fact.

Spin it how ever one wants and claim it's "ridiculous" and blah, blah, blah. Can't change the reality of their situation and their past- it is what it is. As of yet- nothing much, if anything, has really changed IMO.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.