Ocata Therapeutics Inc fka OCAT

[rocky301]

rumit,

thanks. Not real shocking that only 1 "for profit" group received funding. That Company was IPierian.
http://www.bizjournals.com/sanfrancisco/news/2010/10/21/ipierian-institutions-get-16m-from.html

ACT is and has been well aware of the above scenario as reported in their filings.

"For-profit entities may be prohibited from benefiting from grant funding. There has been much publicity about grant resources for stem cell research, including Proposition 71 in California. While the California Institute CIRM has provided grant funds to some for-profit entities, there is no guarantee that it will continue to do so, particularly given the state’s current budgetary conditions. As a result of these uncertainties regarding Proposition 71, we cannot assure you that funding, if any, will be available to us.