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Re: None

Wednesday, 07/06/2011 12:40:11 PM

Wednesday, July 06, 2011 12:40:11 PM

Post# of 92948
To those mailing about the "what's up with pps" questions, here is a post of mine from a week or so ago on icell that imo applies..

"This may be as good a time as any for my views on the pps issue. The next 2 weeks will mark the
2nd anniversary of our last Authorized share increase. In less than 2 years we have added 1 Billion
shares into the float with the majority of them discounted and many with major discounts. Think about that.
Example, we added about 9 times more shares than our competitor Gern has outstanding? No Company
I am aware of can dilute in those numbers and not have the same affect as ACT's pps. I view the duilution
as 90% of pps problem the last 5 years and the very reason sustaining increases was next to impossible
given the holders of debt shares would pounce everytime a pps pop leveled off.

The recent cleansing of CD debt has and will make a difference going forward. We chewed through many shares
on the last rise but it isn't over, imo, and the next pop or two will see pressure again. The second problem currently
is volume. Volume precedes price. About 6 months ago we had a December volume of 1.2 Billion shares,
http://www.otcbb.com/asp/tradeact_mv.asp?SearchBy=issue&Issue=ACTC&SortBy=volume&Month=12-1-2010&IMAGE1.x=21&IMAGE1.y=9
And on Dec 8, 2010 had a one day volume of 143MM shares
http://finance.yahoo.com/q/hp?s=ACTC.OB&a=11&b=1&c=2010&d=11&e=31&f=2010&g=d

So when we have 3-5MM share volume days I really don't understand what folks think is suppose to happen?
I envision the OS#/float to be a problem for some time. I know many think with Oct. progress reports we can
substantiate a pps high enough to make an exchange move, I am not in that camp and I hope if we can't make
the initial listing pps requirement that ACT restructures ACT in such a way we can move because I feel the OTC
and mega shares will continue to alienate the very institutions we need to get behind this stock.

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