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Re: diannedawn post# 52502

Tuesday, 04/23/2013 10:20:43 AM

Tuesday, April 23, 2013 10:20:43 AM

Post# of 92948

"I really do want to get the SEC matter put to bed and maybe the CFO position put to bed, so that that's all material that we can have as part of our proxy and part of our annual shareholder meeting. So that is sort of why we're holding off a little bit and I hope that that sends a signal to you guys that we're eager to try to get those two things to closure relatively soon."

How realistic is that?



dianne,

not sure, ACT is trying to settle for less than the $3.5MM.

part of a recent e-mail exchange from another shareholder and Rabin,

Q: Do you have a tentative date set on when ACTC will be having this year's Annual Shareholders' Meeting? At the very least, which month?

GR: We haven’t set the date yet, as we are trying to get the SEC matter completed and wish to line up a few more items before we fix the date. Our current expectation would be late June or early July, but stay tuned.

How long can they can they go (in your opinion)
without raising the AS?



I expect they will ask to increase the AS# in upcoming proxy
along with rs..jmo

For those asking about Rabin not reporting 27 sells of over 12MM
shares the last 2 years? For me it is an egregious violation. He is solely responsible for those transactions being reported in 2 business days as mandated...


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