step by step ACT is transforming itself into a much more "solid" company. So yes, after coming within a half inch of debt holders closing the doors under default, we have come a long ways. Todays PR is another step in the right direction. No doubt plenty more shares went out the door but that 5 year fiasco had to stop. Not only did the shareholders pay a huge price but it was bogging down the Company in a big way and was the major reason we could never sustain a pps increase. As mentioned before, I see the cleaning up of many things corporate wise and being on the threshold of positive science milestones as good reasons for management to be considering a big board move, all imo.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.