Replies to post #34706 on Ocata Therapeutics Inc fka OCAT

[davpar]

To quote the 8k, as posted by rocky on the 19th (http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68155228 )

...the Company estimates that the number of shares of common stock such holders of convertible notes could demand would be approximately 8 million, and the number of additional warrants convertible into shares of common stock such holders of warrants could demand would be approximately 380 million. The Company intends to seek a prompt global resolution of all such claims and potential claims by holders of convertible notes and warrants.


I believe it would be fair to say that "global" refers to all of the claims the company envisions that may arise from this situation, which is what they are refering to in their share estimates. I don't believe it refers to any other claims, besides those mentioned in the 8k. Essentially, as I read it, they want to settle this thing once and for all, with one resolution for anyone who feels they have a claim.

I believe the last share increase took a little over a month to complete, from announcement to voting. (Rocky, any input on that timeline?)

Any buyout talk at this point is silly, IMO. Who wants a company being sued because of toxic sharks, and who only has a promise of a product, some time in the distant future.....a JV is probably more a likely occurance than a buyout, again IMO, but some time off in the future.

Rocky is definitely more well versed in those opinions however.....

[rocky301]

Well, none of our 'experts' have extended the courtesy of attempting to answer any of my poorly worded or confusing inquires/questions posted last night, #34694, so I'll try again, I guess and hope someone knowledgeable will respond.

Rabin talks about a 'global settlement for the lawsuits.
As best as I can see we're looking at only 4 currently that have materialized.
Reference has been made to similar financing language in 50 prior situations, so does this mean we can expect possibly many more lawsuits, hence the term 'global settlement, to be prepared for more settlements, possibly through some kind of court established fund (I'm not an attorney)?

davpar answered it quite well in his post. Only 3 lawsuits filed
to date..Alpha, CAMOFI and Black Mountain Equities

It clearly seems we need more shares to be issued soon. How long does that sort of thing take and could that be tied into the cc in a few weeks?

Average is around 30 days notice to shareholders. It would be done as a special meeting and the bylaws state a minimum of 10 days notice, maximum 60 days

If Rabin has repeatedly said we have enough cash to move forward with funding our human clinicals, does that suggest then that a buy out would be silly and put ACTC in a premature position of giving away too much and operating out of weakness, therefore forge about a buy out happening?

No Idea

If continuing clinical data remains positive, does this then pave the way for the likelihood of a 2012 joint venture sometime being more realistic, after all there remains a continuing need for cash to fund all sorts of ongoing expenses?

No Idea