I am FURIOUS at yet another failure by ACTC. Can't blame Rabin for this one!
I expect a HUGE dump on this stock tomorrow - likely down to the lower .04's or worse.
Based on lies from Rabin, I shifted a big chunk of my portfolio into this stock, then 2 days later they announced that HUGE dilution, which was most certainly a material event that should have been disclosed in the shareholders meeting 2 days earlier.
Then Rabin gets the boot, some more rah-rah bs from the new 'honest' management, led me to believe we were finally able to move ahead, so I moved near $30,000 into this stock with a big buy (for me) at .076, then it dumps again.. bought more at .o6 last week, my daughters college money.. and now THIS BS!!!!
No wonder Lanza didn't sign a new contract!
I am going after these slime legally with what I have left if this turns out to be anything but an honest oversight, but it looks like bankruptcy might be exactly their tactic - lose all the debt and screw the shareholders, and come out the other end and make huge money for themselves at our expense. I have been in this stock since early 2009 and I WILL NOT LET THIS HAPPEN WITHOUT A FIGHT. I will go after every one of these directors personally with civil suits, including Lanza himself. I will not rest. I consider this theft, and with nothing left to lose there is no reason to just shrug and let these corporate evil slimes get away with it!!!
I just can't believe they have screwed us AGAIN!!! This is the end of my faith in Lanza and his bs biocentrism - that should have told me enough right there that this guy is full of it.
Screw you ACTC you backstabbing evil self-serving pieces of human garbage.