Ocata Therapeutics Inc fka OCAT

[Dragon Lady]

SUB $5 bucks, BLEEDING RED ???????????? This is the "big presentation" effect, LOL !!!!!!!!!!!!!

And ole Wooten makes comments about "message boards", LOL !!! The guy is supposed to be running a Nasdaq listed company- but makes public comments about what is said on public stock msg boards, but they won't engage or return emails to shareholders??? Do you EVER hear Tim Cook of Apple or former Steve Balmer of Microsoft or anyone of their supreme caliber EVER comment in public about stock message boards and what is said about Apple- or even comment on what is written pro/con in the press about them, etc? OR do they just RUN MEGA SUPREME COMPANIES and let the rest take care of itself?

If Wooten (AFTER SLIDE #2 was a PAGE FULL OF SAFE HARBOR DISCLAIMERS, LOL !!) IF he now says they have cash into late 2016, then that tells me they already tapped-out all of Lincoln or will be tapping all of the remaining Lincoln line.

Cause by simple math, looking at PAGE 4, "CONDENSED STATEMENT OF OPERATIONS" from their most recent SEC filed 10-Q and looking at the cash-on-hand line versus just the immediate accounts payable- they were precariously low on CASH and showed a loss from operations in the qtr of $7 MILLION plus (NO trials being funded/run, no trial contract firms being paid, no trial expenses being booked, etc and $7 MILLION which when I do my math means $30 million lasts 12 months when they're NOT funding or conducting any large, expensive clinical trials). They then state on PAGE 23 it states that as of May 7th, 2015 they HAD (past tense) $10.5 MILLION left on the Lincoln dilution line.

So, IMO, from my math- for Wooten to state they have cash to "late 2016" and to "put message board "myths" to bed" LOL !!! (the company of myths talking about myths IMO is a hoot !!)- then to be "funded to late 2016" when they're "supposedly" about to embark on a BIG EXPENSE INCREASE to fund at least one large phase II and maybe two, then how does $30 million get um past July 2016 at their present burn rate of losing $7 MILLION a qtr or more (he's been hiring and continuing to spend like crazy - even though the trial(s) have gone NOWHERE) - how does that math "pencil out" unless they're gonna toss that Lincoln $10.5 million into the hat and onto the balance sheet?

I'd say they are/are going to tap-out Lincoln for ever last dollar and are likely doing it as we speak (we'll know in the next 10-Q filing) and that is of course adding to the down-pressure on this collapsing common share price.

BUT, not to worry- as the insider boy's "C" level club is going to re-price their big blocks of free share options to put um "in the money" as fast as possible, LOL !!! THEY ARE GOOD, the common shareholders are hosed as usual.

The dude also made some slide or comment (posted here) about "knowing someone who went blind and it's terrible" (paraphrasing, whatever- it's meaningless to me personally) - so HAS HE BOUGHT SHARES OF THIS COMPANY USING HIS OWN MONEY THEN????????? IF he believes these "stories" he tells- these tear jerkers, DOES HE INVEST IN HIS OWN COMPANY and their supposed "miracle mission" they're on or whatever? NOPE? What? He's trying to RE-PRICE HIS OWN OPTIONS SO HE CAN SELL/DUMP for easy and quick money? WHAT? THAT doesn't sound like anyone with any real belief or conviction in what they're doing? ALL famous companies I'm aware of- their top people (Facebook, Microsoft, Google, HP, Apple, insert name of most famous companies in history) their insider "top dogs" ALL had personal "scratch" in the game- they ALL mortgaged homes or maxed out credit cards or went with no pay eating cheese sandwiches for years UNTIL THEY MADE MONEY and gave and ROI to any early shareholders- EVERY LAST ONE OF UM. They are LEGEND for NOT SELLING THEIR OWN SHARES. Most of those companies- the insiders hold nearly all their wealth still IN THEIR OWN SHARES and almost never, ever sell their own shares.

Contrast that to OTC-ville, OCAT where all the insiders are PROLIFIC sellers/dumpers of their own shares, and have been since the get-go, since day one.

Tells me all I need to know. Funny as heck IMO, to see/hear the CEO of what's supposed to be a Nasdaq level/quality company commenting in public about "stock message boards" as his own company shares are making NEW 52 WEEK LOWS, but he's silent as a church mouse about that REALITY. He told the POLLYANNA version "slide show" a blah, blah, blah once again IMHO. Just noise to me personally. "We're about to start" a trial?????? How bout you just START THE TRIAL and THEN TALK ABOUT IT? It's been almost a YEAR of "we're almost sorta kinda maybe ready" but see SLIDE #2, the SAFE HARBOR DISCLOSURES for EVERYTHING I'M ABOUT TO SAY, blah blah slide show.

My $4.92 or so worth