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Re: sports guy post# 29683

Thursday, 02/24/2011 10:50:34 AM

Thursday, February 24, 2011 10:50:34 AM

Post# of 92948
sports guy,


what is going on now is a reflection of what HAS taken place.

In 2 months ACT issued 310MM shares. If any company issued 30% of their OS# into the float at discounted pricing it would not bode well either especially when many wait in the wings to sell on any pps increase via news. ACTC issued more shares in those two months than most of our competitors have in total. This scenario has taken place for years here. The "players" that can make a difference have followed ACT for a decade and they know how to read SEC filings too. Recent submissions of Instititutional Holdings is an indication their interest isn't there right now for possibly many reasons. Trials are a ways off and results even further, clinicals are a slow process as I am sure most know. Addressing share structure soon, replacing CEO and BOD's can be added to the mix. Some suggest the market just doesn't understand or know...I would disagree.

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