Replies to post #79299 on Ocata Therapeutics Inc fka OCAT

[Dragon Lady]

NO, "
That is not 100% correct. They were a NASDAQ list stock back at the beginning I believe."

ACTC/OCAT has NEVER, EVER been a listed or NASDAQ stock. Ever. That is 100% incorrect. My original statement is 100% CORRECT.

OCAT "went public" via a non traditional method as they were so cash poor even way back, that they could not afford a "traditional" IPO and attempt at being a "listed" aka NASDAQ stock. Thus, they entered the public markets via use of the TWO MOONS KACHINA DOLL COMPANY of Utah, straight to OTC-ville. NEVER once being on the NASDAQ.

The highly credible journal, NATURE:

http://www.nature.com/news/stem-cell-research-never-say-die-1.9759

QUOTE:

"Out of desperation, West agreed at the end of 2004 to take the company public to gain access to a new source of funding. But the legal, accounting and marketing costs of going public through an initial public offering (IPO) were far beyond the company's reach. Instead, in early 2005, ACT merged with Two Moons Kachinas, an obscure, Utah-based outfit that sold Native American dolls. Two Moons was essentially a 'shell' company, allowing ACT to take it over and become a publicly traded firm. This 'reverse merger' was much cheaper than an IPO, but the US$8 million it raised had more strings attached."

Their history is long and "sorted" to say the least. NEVER a NASDAQ stock, not even close.