Lineage Cell Therapeutics Inc (LCTX)

[bobby2loaves]

I have only been following BTX for about a year, but from listening to the conference calls, I haven't been impressed by Adi's presentation or vision for the company. Only when Michael West would chime in for a few minutes would the call seem inspired. I used to work at MasterCard, and the president there was part leader / part game show host, and he was awesome at giving everyone a clear direction at a fun place to work. We had 2000 operational people actually running the place, but we needed someone bold and inspirational at the top.

To catch up on history, I just checked to see when he was first made co-CEO of Biotime. It will be 3 years exactly tomorrow. That timing sounds a little too perfect to me. My guess is there may have been something contractually about 3 years that may have influenced the timing, if not the decision itself.

It does seem to me like the board is truly trying to create a cash and holding rich, all business entity in BTX and a pie-in-the-sky entity in AGE. I like the split, as I think each ticker will have its own appeal for different sets of participants.