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Re: Harleyman post# 47704

Wednesday, 11/14/2012 6:59:43 AM

Wednesday, November 14, 2012 6:59:43 AM

Post# of 92948

The answer is that the company has a poor track record of destroying shareholder value through toxic, dilutive financing, multiple lawsuits by warrant holders, promises to shareholders going unfulfilled by the current and former CEO, and ill-timed insider sales that have blunted any movement to the upside. All of these factors have acted to create the value-trap that is ACTC. Even so, I would caution investors from completely writing off this company altogether. Gary Rabin, in his latest comments on the conference call, owned up to these missteps by the company, and vowed to create, instead of destroy, value for shareholders in the coming year. For value investors looking for bargains, I would suggest to look for the following events prior to investing in ACTC: 1) Final resolution of outstanding lawsuits, 2) Final resolution of the SEC investigation; 3) Hiring of a full-time CFO; and 4) Reverse split and subsequent up-listing to the NASDAQ. All or none of these events may occur in 2013, given the history of ACTC. However, I would caution potential investors to wait until all of these events have occurred prior to taking the plunge--then, and only then, would the company prove that it has the best interests of its shareholders at heart.

I certainly agree with this paragraph...
although, I don't necessarily think you have to wait for all
the listed things to be resolved "prior to taking the plunge".

If ignorance is bliss, why aren't more people happy?

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