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rumit

03/09/11 4:42 PM

#30139 RE: rocky301 #30138

Hi Rocky,

Sorry my question was poorly worded.

Let me try to rephrase;

How can they put out a PR like this, when there is a strong likelihood that our fully diluted share count is higher than the AS number? This would require ACT to correct the problem by issuing a proxy within 90 days.

"but in no event later than 90 days after the occurrence of such Authorized Share Failure, the Company shall hold a meeting of its stockholders for the approval of an increase in the number of authorized shares of Common Stock"

http://www.sec.gov/Archives/edgar/data/1140098/000101376211000004/ex41.htm

"The Company knows of no business, clinical or financial reason for the stock's recent significant decline."