Ocata Therapeutics Inc fka OCAT

[rocky301]

es1,

Rumor has it bond holders sold. I do not agree with that. The bod holders could have taken cash if they wanted cash but they wanted shares

The "bondholders could have taken "cash" is a message board myth.

1)The contracts that were breached by anti-dilution specifically
state "shares" would be issued.

2)Even if cash was an option where would the approx $40MM have come from?

The ONLY reason the "cash" talk started was because ACT told the Judge in first injunctive relief case(Alpha) that other remedies existed so injunctive relief wasn't necessary. Nobody, including ACT, had any intentions of paying with cash as they had no means to do so..