Replies to post #17530 on Ocata Therapeutics Inc fka OCAT

[rocky301]

juk,

My buck always stops with the man in charge, the CEO. But a person dare not get any ideas about that because as long as the current CD holders are here, so is Caldwell, otherwise it constitutes default on all debentures.


Section 8.Events of Default.

xii. William Caldwell is terminated as chief executive officer of the Company;

AMORTIZING SENIOR SECURED CONVERTIBLE DEBENTURE
(page 21..)
http://idea.sec.gov/Archives/edgar/data/1140098/000110465907067751/a07-23436_1ex10d4.htm