I couldn't agree more with the excellent points of observation and criticism you make.
Rabin's gotten a 'get out of jail card' and a ton of dollars to boot, after being involved in the toxic financing that has killed us financially/share-wise and seriously delayed our progress for quite a few years. And he touts his financial and hedge fund prowess! And to boot, he's manuevered himself into the ceo and cfo position, all the garbage language about looking for a ceo and now a cfo aside thrown at us over the years.
The Board, imo, has been and continues to be remiss in their responsibilities and certainly in being upfront with shareholders, their supposedly explanatory/full disclosure moments aside. But, frankly, as rabin said, we really don't care about you small time retail investors, to which I would respond that we've certainly been an important factor in keeping the company 'alive' all these years.
I have posted these thoughts for a few years now, even though I remain excited about the potential of the company.
That excitement diminishes with each passing year, since my entry in 2005. I will greatly surprise me if a cfo emerges anytime soon.
Further, the very troubling thing, is we're far from the only biotech out there that will be addressing amd and smd, plus other stem cell conditions,that will have the management and scientific team to more expertly move their company to being commercial, leaving actc as a promising has been.