Ocata Therapeutics Inc fka OCAT

[rocky301]

Global settlement is what ACT is shooting for. That most likely will entail ACT to contact all who have "substantially similar" claims. Once again, this is what ACT wants to do. What are they going to offer? You can go to this link(below), the CAMOFI lawsuit and get a good idea of the mindset of some of the plaintiffs. They are not happy and don't really want to wait for "global settlement". Bankruptcy is not in the picture as long as ACT gets the shares they need voted through in proxy which including Alpha would be approx. 428MM additional shares plus they need shares to operate plus they have Aronson/Gorton suits yet to be decided.
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=tirVQewp3Wu+5SwDTQQl7w==&system=prod

"This action is a blatant stalling tactic by defendant. Any "global resolution," assuming for the moment that one could even be reached, which is doubtful given defendant's position that it "do[es] not necessarily agree" with the holders' position that it has triggered their anti-dilution rights, would take months to document and finalize."