As a shareholder with significant holdings for around seven years, my sentiments are along the same lines.
I have two distinct sets of emotions which are at at tug of war with each other.
On the one hand, I believe in the technology and all of the good which eventually will bring to mankind and by inference a very nice remuneration for all of us patient shareholders who rode out all of the turbulence and obstacles facing us at the moment.
Along this line of thinking, I pretty much close my eyes to what Rabin is being paid relative to what he is currently doing and of course the current stock price, and I keep telling myself that to use the old cliche that this is not a sprint but a marathon and to just hang on.
The other set of emotions tugging at me says something is wrong here-yes there is all of this great technology and great news, and yet here we are seven years later from when I purchased at the stock is sitting at a measly .06.
Then the paranoia sets in:
I start asking myself if we are juist being strung along while Rabin collects his salary hoping to milk this for all it is worth until it becomes quite apparent that the company for a multitude of reasons won't survive.
Along the same lines, I worry that the longer this stagnant condition continues, the more likely it is that some other company either in the US or more likely in China will blindside us with some kind of technology which makes that of ACTC obsolete.
It goes without saying that I also worry about the law suits, financing, reverse splits and of course whether all of the tests will prove to work so that the product will reach the market even if there is no other company which has something better.
As is the case with most things in life, my conclusion is that the real truth lies somewhere bewteen the two extremes cited above and/or that it cannot yet be said which of the two extreme conditions cited above will prevail.
All that said, while in a quandry, I have pretty much decided that I am going to ride this thing out for the better or worse as I can afford to do so;I will use the eventual outcome as a learning experience when/if another company with great promise in some other facet of life comes along, ie one also beset with obstacles and hurdles to overcome and use the present experience to decide whether to invest in it or not.
Sorry for going on so long but that is how one older investor sees all of this.
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