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rocky301

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rocky301

Re: mluna02 post# 13002

Saturday, 02/14/2009 5:21:08 PM

Saturday, February 14, 2009 5:21:08 PM

Post# of 92948
mluna,

If ACTC's intent was to file the audited 10K around March 31st, they would first need to file the 2nd and 3rd qtr. 10Q's for last year prior to filing the 10K. You can see from link below approx. costs for doing so. When March 31 arrives the first qtr of 2009 is over and the depth of not filing just gets deeper.
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=35058304

The convertible debenture amount due the end of March will be converted into shares, which in turn are added to the float again. They can certainly pay this debt off with cash if available but have never done so.
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