"There's always a time to compensate the company builders. If ACTC truly has a game changing product, qualified management will come to your door."
Not if Rabin keeps them from coming to the door. I truly believe Rabin has his own agenda and he has proven that in the past. He will not let anyone come close to this gold mine and he will do whatever he has to do to become filthy rich. That's his only goal and IMHO, he does not care about the science, not one bit. The PPS can stay the way it is. The longer it takes, the more money he makes in the long run. Typical behaviour of a parachuted CEO, most specifically in Biotechs.
The only way to kick him out is to own over 1.2 billion shares or to convince Daniel Loeb to invest. I guarantee you that if Loeb ever invested in ACT, Rabin would be out in a few months.
