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Post# of 92948
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mert

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mert

Re: louisa post# 27448

Thursday, 12/30/2010 7:29:21 PM

Thursday, December 30, 2010 7:29:21 PM

Post# of 92948
ACTC do not want to be forced into a JV where the terms
are not favorable to ACTC and its stakeholders. Thit is why it is phased for 25 million. This gives us leverage with any JV if they are not offering fair value for the future potential,
the 25 million will give ACTC negotiating leverage.

CEO Caldwell worked all last year to obtain better financing than some of the previous deals we were forced into. IMO it looks like we found investores that see what the future holds for ACTC. We now have a credit line and can pay for things in cash which could prevent future dilution. IMO I think this is a good deal.


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