Ocata Therapeutics Inc fka OCAT

[rocky301]

thinking out loud here folks. Todays PR seems somewhat out of character for ACT. The "several weeks" comment makes the timeframe starting around mid November. ACTC had until year end to pay this off. Why would they not have waited, with the possibilty of FDA approval(which we got) and a higher pps to convert? What was the motivation/catalyst for doing it that way? Maybe something is being worked on that mandated that payoff early. Thinking and scratching at the same time..:)

(from 2009 Amendment with Debt holders)
Extension of Maturity Date. The Maturity Date of each of the Debentures shall be extended until December 31, 2010.