Replies to post #54716 on Ocata Therapeutics Inc fka OCAT

[PennyNK]

Yea, a friend warned me about their bad management. But i figured the hope, science and not too shabby low entry might save me. Been waiting for a modest run! Oh well, i knew the risks. Sad. Disappointed.

[Capt_Smith77]

I have to agree here.

I estimated before that 3.5B shares would be issued/outstanding by time of approval, and it will likely surpass that figure at this rate. They simply have too much overhead and too many irons in the fire without any JVs, and their cash burn rate is only going up.

It's why "investing" at this point is silly. This company has done nothing but dilute her shareholders over the years, and unless you're in it for the quick trade or a small amount that you wish to hold onto as a long term hold, then forget about it.

Too many people get tied up in the day to day with certain companies and find themselves upset that the stock isn't doing what they thought it would.

Last I checked, there wasn't a single ACT officer that had paid out of pocket for shares on the open market since I've been following the company. Now maybe some will finally get it.

As for Rabin, I'd love to see him ditch the ACT gig and sign on with a small publicly traded real estate company. He's good at that IIRC, and if the company had stock I'd likely buy some.