Ocata Therapeutics Inc fka OCAT

[joecarry]

As I understand at or near 25 November your broker has a fiduciary responsibility to send you information about the tender offer acquirement being offered. OCATA has no power over this.

It is then up to you to read what the tender offer means. At that point you have 20 days to read and decide to select yes or no to tender your shares.

If you select yes your shares will be converted as a sell minus the broker charge at $8.50 per share and the funds will be deposited as cash into your account with your broker.

If you select No then you still have 20 days to decide to sell or not. Regardless of your decision if Astella obtains 50% or 90% of the O/S (still waiting from North on that explanation) then it is a done deal and your broker will tender your shares at $8.50.

Unless you choose not to tender them. I guess at that point you can try to become part of a lawyer suit and see what happens...

However, I am not 100% sure what happens to your shares if Astella acquires 50-90% of the o/s and you decided not to tender them during the offer time frame?

But great question...And again do not take make advice as fact...I think the best to ask would be Captain Kirk (has previous working experience with these things) or a poster on this site named Nostradamus (In my experience he is usually spot on)..

Best to you...