elk, dianne and louisa,
You folks are being way to kind. While your comments are appreciated, last night was not a big deal. The ACT Science side has always had the potential, the other side is what has always concerned me. Sec filings and numbers are an important part of the equation for me. If corporate and the science side ddon't work in tandem then things just won't ever be what we want or hope them to be. Elk, I would agree that ACT is making an attempt to change the perception of this Company and that is a very good thing. As stated prior, to be a major player you have to act like one.
Some history. Years ago I had a few back and forths with Mr. Caldwell. I have always made it a point to verify or find answers from a source other than the Company itself and most of the time I have no problem doing that. I have no doubt Mr.Caldwell was well aware of my posts here and many of them as you folks well know were not real pleasant as the financing and some of the fairness deals were beyond it. The e-mails stopped. I was never here to "bash"(although many believed I was), only to present the facts of what was coming down the road. The $1, $5 and $100 even back then made me work even harder at putting info out. All I wanted then and now is an informative board with as much factual info as possible. From there, everyone can do their own thing..buy, sell, hold...matters not to me. So, if I have an agenda..that is it.
Mr. Rabin: I had no idea when I e-mailed if a response was forthcoming or not. I was glad he took the time. I was probably more "all business" than I wanted to be but it was a long day for me. I had one goal, find out about the "diluted number" situation. Deep down I knew someone involved with financing like he has been doesn't make the mistake of saying fully diluted if he didn't mean it. That is what prompted the e-mail...nothing more to it and like I said, no big deal.
Louisa will back up what I stated to her privately back when Mr.Rabin was announced as Interim CEO.
1)I wasn't thrilled
2)I wasn't impressed with the immediate compensation #'s
3)He is involved with some of the financing with ACT
4)He hired Price who worked with him before
There, I have come clean. None of the above were meant to disrespect Mr.Rabin, it was how I felt. Most importantly, I told Louisa something else that I still believe today. If I were in Rabin's shoes I would find it very difficult not to attempt to stay on as CEO. The money is great and more importantly an opportunity to be running the show of a groundbreaking situation. Not sure I know to many that would readily give that up...That is jmo but if it is the case then maybe the CEO search isn't "on fire" right now? We shall see. I don't know Rabin at all but it seems apparent he is making an effort to remove the past and bring this Company into the realm of the living which is much needed. As each day passes I am feeling better about the corporate side of things which is long over due. This forum has a great bunch of people who I wish nothing but the best for and look forward to working with all of you. Louisa, you are right..I am simple..:)
