Ocata Therapeutics Inc fka OCAT

[rumit]

Hi Rocky,

Going back to this old post if I may. Not sure what exactly my questions is, but perhaps you can tell me if my math or SEC readings are off here.

Form 4:
http://www.secform4.com/filings/1140098/000101376210000939.htm

Concerning the 89.3MM shares, the transaction date says 2/4/10, so does that mean that is they date they decided to use for the price (0.091)?

If so:

89.3MM x .091 = $8.1MM

30% taxes = $2.4MM due

I imagine these shares are now owned by the estate.. perhaps I need to read up on death tax/estate tax laws now.

The options (2.5MM) transaction date is 11/13/09, the closing PPS was .0982, which is essentially the same as the excercise price listed on the Form 4 (.098).