Ocata Therapeutics Inc fka OCAT

[Stemcall]

"We have not yet begun the stem cell trial at our site. Dr. Peter Francis unexpectedly had to go on leave in mid-June and we are not sure when he will be returning. We have contacted Advanced Cell Technology to find out how they want us to proceed with the trial, but unfortunately we have not heard a response from them. Until then, the trial is basically in a hiatus at our site. "

I have written the following before : ACT has great science but a poor management team. Not answering The Casey Eye Institute is extremely disturbing and totally unacceptable. There are are two possible scenarios : extreme negligence or negative news from the first trials . We have not heard from Rabin since he granted himself with a ridiculous amount of shares .