Rocky, et al... here's a problem for ACTC to resolve. 380 million more shares will take the shares issued up to nearly 2.1 billion shares. On a base of 1.75 billion that represents dilution of common shareholder interests of nearly 20%. This means that the share price will receive a 20% haircut cateris parabis. If the pre-announced share price is .14 cents, the post announced share price would drop to 0.112 cents.
Of course the stock price will move around quite a bit until a judge makes a judgment. But, if it continues to go against ACTC, this simple explanation shows the potential downside.
And, the shorts will try to make hay from this potential order being affirmed by a judge.