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Re: locksflooring post# 19859

Thursday, 07/23/2009 11:18:26 PM

Thursday, July 23, 2009 11:18:26 PM

Post# of 92948
Share holders own this company not insiders. I got to say that the share holders of other companies voted down share increases like this, and look at ones now , a certain bio company , at 1.40 a share , and they have a half a billion shares out, I am voting no on more shares and any splits . Let the company show some great news and give the share holders some reason for more shares and the share holders will be happy to vote yes to increase the authorized shares at a reasonable amount but not 1.2 billion more, to hit the people with this now ,with no real positive income producing news isn't going to float, and people will vote this down . Right now the share holders rule this company and if they vote no on the increase of authorized shares they will win. There may be a time for this increase in shares, but now is not the time. Or if they want to rewrite this proposal with a more reasonable amount I may vote yes but if they are hard heads and don't give a little ,they will not win this share increase . To many people that own ACTC are stock smart, and they know that management doesn't have the votes to pass this increase. I still think ACTC is a great company and wish that they would think of ACTC as valuable enough to make it on it's own with a bigger share price and issue less shares. I am holding many shares and will not sell, because it is more than likely than not that things are going to happen at Advanced cell that will make the share price go up in the near future.
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