Replies to post #65359 on Ocata Therapeutics Inc fka OCAT

[ison929]

Make sense imo. What are your thoughts, if you don't mind. Thanks

[farviewhill]

My recall is that Rocky mentioned that possibility for the Aaronson case?

[art2426]

Where do you see that they are seeking ACTC's IP as compensation in this matter? Please provide info to where you believe that this is what is sought in this case or why you would think that ACTC's IP would be the compensation from this default. There would have to be some SERIOUS OFFENSE by ACTC that would cause a judge to award something as important as its IP to the plaintiff. Seriously, does that appear to be fair compensation for a DEFAULT?? REALLY?? -- steal something as important as the very essence of what ACTC IS? The accusing party deserves THAT because of a default? I don"t think so! I am not a judge but that would be a seriously unfair decision and penalty. That is NOT going to happen IMO!

[farviewhill]

That's an incredibly huge risk for ACTC which I can't even begin to see counsel or the ACTC Board recommending. Back when this case was actively chatted about, the feelings, as i recall, was that ACTC had some sound legal arguments and the impression I remember was a positive one for the company?

To reorganize under chpt. 11 or even to continue to dilute thru more and more shares, etc., seems far, far more logical than ever putting their IP into jeopardy. Can't imagine that. Something is terribly puzzling here and my little mind can't put his arms around it all.
This is an exceptional ACTC Board, but as i posted over the weekend, I felt I just had to lighten up, which all can take as a sure sign good news is about to happen!