Replies to post #30527 on Ocata Therapeutics Inc fka OCAT

[SELL ME]

Thanks for all that (ACTC) info this morning rocky301 !!

[louisa]

Rocky, Bon Jour, Mon Ami,

So this statement

"Our discussion ended this way. If ACT wanted to draw down the balance of $21MM at todays prices it could NOT be done. There is NO intent or plans to raise addition capital at current pps levels.
ACT is NOT increasing our authorized shares at this time. "


So this means that $21MM is in limbo until when? When can it be used, at what price point, and how are they going to fund the upcoming events.

Am I reading this correctly ?

[chotumotu]

Rocky, you Rock.

Thanks.