Ocata Therapeutics Inc fka OCAT

[rocky301]

gas,

Looks like new proxy for R/S coming up and we all know if retail shareholders voted nay it would still pass.

There is no way ACT has the control you speak of. If they did all they need to do is give notice to shareholders the reverse split was done by
"written consent" of those holding shares. Bottom line, they don't..
below is my post on this topic from elsewhere..


If in fact ACT had control of 50%+1 of the votes they wouldn't have to waste time and money
filing a proxy and getting shareholder approval. Calling a special meeting and written consent
is all that would be needed. Below is an example of an increase in AS#, reverse split and more
done by majority holders...IMO, ACT doesn't have 1 Billion shares under their control any more than
I do...thanks

The Amended and Restated Certificate of Incorporation reflecting the Capital Amendment, the Name Change
Amendment, the Section 203 Opt-out Amendment and the Reverse Stock Split, attached hereto as Annex A (the “Restated
Certificate of Incorporation”), was approved by stockholder written consent pursuant to Section 228 of the Delaware
General Corporation Law (“DGCL”), which permits any action that may be taken at a meeting of the stockholders to be
taken by written consent by the holders of the number of shares of voting stock required to approve the action at a meeting.
All necessary corporate approvals in connection with the matters referred to in the Information Statement have been
obtained.
http://www.rvlti.com/news/pressReleases/news_101512.pdf

ACT's Bylaws,
1.13 Written Consent in Lieu of a Meeting. Any action required to be taken at a meeting of the stockholders, or any other action which may be taken at a meeting of the stockholders, may be taken without a meeting, if a consent in writing, setting forth the action so taken, shall be signed by all of the shareholders entitled to vote with respect to the subject matter thereof.

Delaware Code
(a) Unless otherwise provided in the certificate of incorporation, any action required by this chapter to be taken at any annual or special meeting of stockholders of a corporation, or any action which may be taken at any annual or special meeting of such stockholders, may be taken without a meeting, without prior notice and without a vote, if a consent or consents in writing, setting forth the action so taken, shall be signed by the holders of outstanding stock having not less than the minimum number of votes that would be necessary to authorize or take such action at a meeting at which all shares entitled to vote thereon were present and voted and shall be delivered to the corporation by delivery to its registered office in this State, its principal place of business or an officer or agent of the corporation having custody of the book in which proceedings of meetings of stockholders are recorded. Delivery made to a corporation's registered office shall be by hand or by certified or registered mail, return receipt requested.