I think you've answered your own question very accurately, in regarding the lack of price improvement despite promising reports.
While sitting in this crappy OTC exchange, we are sitting ducks for all or any who want to play games with this stock. A company with no revenue, no product on the market and a past questionable CEO with a history of self serving actions while in power, was and is, easily a target by the powers that can control. IMO until a reputable brokerage firm backs this company AFTER WE MOVE TO A HIGHER EXCHANGE, we will trade among individual investors lacking the firepower to overcome these MMs. They thrive on the OTC, pinks etc. IMO, RABIN and his self serving actions destroyed the credibility of this company and its trials. A giant RED FLAG was waving to big money and conservative investors. Those two go hand in hand, thus avoiding an investment such as this, even though a positive outcome to trials would most definitely be reflected substantially in the stock price. Big house investment firms are historically very conservative as they advise and have to answer to serious and financially successful clients. They WILL advise ACTC purchases to them if and when they are SURE of its success. This is why all are waiting as to such recommendations. AND if such occurs (buy ercommendation) prior to reported results one must wonder about inside information.
OH BUT isn't that illegal? That never happens in Wall Street!!
RIGHT!!!!
In the meantime one must ask, is this a good opportunity to accumulate shares and take advantage of the repressed price?