posted
i believe i am going to buy some stocks in ADVANCED CELL TECH monday morning does everybody still feel pretty good about it, i am real new to stock investing and my first attempt i ended up getting burned worse than 2 year baby in the california dessert with no sunblock i am new to the forum thanks for all the positive info
Posts: 2 | From: virginia | Registered: Jun 2007
| IP: Logged |
quote:Originally posted by fulleroots: i believe i am going to buy some stocks in ADVANCED CELL TECH monday morning does everybody still feel pretty good about it, i am real new to stock investing and my first attempt i ended up getting burned worse than 2 year baby in the california dessert with no sunblock i am new to the forum thanks for all the positive info
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
I went to put in an order for ACTC this morning, but my broker appears to be restricting buys and making you buy through your local office. Anyone know why this may be?
Posts: 4 | From: FL | Registered: Jul 2006
| IP: Logged |
posted
call your broker. please pass on what they say.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
I called my broker and was able to place an order at the internet rate.
I was told that periodically the risk management dept review stocks on the pinks and OTC and place certain stocks on a restricted list for various reasons including sudden drop in price, (which I am guessing is why ACTC found its way onto this list) unusual trading, activity or volume.
He was unable to give more specifics or tell me when this restriction would be lifted.
Posts: 4 | From: FL | Registered: Jul 2006
| IP: Logged |
a few days late since the drop in pps from their convertibles. like to see this get back up in the .70 range over the next month or so. we'll see.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
Got it in one BooDog!! Are they notorious for this sort of thing? (But I dont want to turn this into a broker thread!)
I am thinking this is going to be back to its levels prior to the convertibles one day in the not too distant future.
Posts: 4 | From: FL | Registered: Jul 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
Advanced Cell, Mytogen Extend Letter Of Intent For 15 Days
Jul 17, 2007 09:33:28 (ET)
Advanced Cell Technology Inc. (ACTC) disclosed Tuesday that it has extended its letter of intent to acquire acquire Mytogen Inc. and its Myoblast program for the treatment of heart failure.
According to a filing with the Securities and Exchange Commission, the term of the letter was extended for an additional 15 days. The original deadline for closing the transaction was Tuesday, but the extension gives the parties until July 31.
The letter of intent provides for a purchase price of $5 million, payable in common stock, plus the assumption of certain Mytogen liabilities of around $1 million.
Mytogen will also receive a warrant to purchase an additional 1.5 million Advanced Cell shares for $1, subject to achievement of certain milestones.
The letter is subject to several closing conditions including approvals from the Food and Drug Administration, final intellectual-property due diligence and execution of a definitive agreement.
Shares of Advanced Cell Technology closed Monday at 44 cents each.
-Chad Clinton, Dow Jones Newswires; 202-862-1349; chad.clinton*dowjones.com
(END) Dow Jones Newswires
July 17, 2007 09:33 ET (13:33 GMT)
-------------------- LIFE IS 10% HOW YOU MAKE IT AND 90% HOW YOU TAKE IT! Posts: 9276 | From: San Diego CA | Registered: Jul 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
I've been waiting for the .30's. May trace down a bit until we hear about their financing. imo.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
| IP: Logged |
posted
alert set for .32. anything is possible. low volumes really make these tricky imo. Can be hazardous if you were looking for a quick play. get the right news and you'll be left in the dust too. I'll leave a small position while looking for the dip to add. .32 is just a guess from what happened during the conversions. if there are more it could happen quickly, if not and no news it may take even longer. A few more shares out there to be gobbled up to start having some decent swings again. i'll re-asses as the days go by. all imo.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- If your not on the edge of ur seat, sell it! Everything posted is my opinion! Posts: 992 | From: H-town | Registered: Nov 2006
| IP: Logged |
posted
would have been a good flip if i was ready for it. already retracing back up.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
NIII on the ask. could be looking at some good accumulation over the next few days even with a little down trend. Just need the news! 5 mm's at .30.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
wtg M8. I wasn't ready yet!!! i'm down on shares bigtime though so i'll be awaitin for the next one.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
whatchya think imake??? charts lookin to dip purdy good. imo I'm thinkin we may see this as the first of 3 strikes that started 19 jul.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |
posted
Press Release Source: Advanced Cell Technology, Inc.
Advanced Cell Technology Enters Into Definitive Merger Agreement With Mytogen, Inc. Wednesday August 1, 8:00 am ET ACTC Prepares to Take Therapy to Phase II Clinical Trials
ALAMEDA, Calif., Aug. 1 /PRNewswire-FirstCall/ -- Advanced Cell Technology, Inc. (OTC Bulletin Board: ACTC - News) today announced that it has entered into a definitive merger agreement to acquire all of the outstanding capital stock of Mytogen, Inc. In May 2007, the company announced that it had entered into a letter of intent to acquire Mytogen, Inc. and its Myoblast Program for the treatment of heart failure. With the definitive merger agreement approved and executed by both parties, ACT and Mytogen will move quickly to close the transaction, which is signed subject to certain closing conditions. The merger agreement provides for an aggregate purchase price of $5 million payable in ACTC common stock plus the assumption of certain Mytogen liabilities. Mytogen shareholders will also receive a warrant to purchase an additional 1.5 million shares of ACTC common stock at $0.75 subject to the achievement of certain milestones. ADVERTISEMENT
Mytogen brings to the company over ten years of experience in clinical trial and FDA experience in developing and advancing cellular therapies including the area of stem cells. Mytogen has successfully completed Phase I human clinical trials utilizing the myoblast therapy safely in over forty patients. The FDA has reviewed the "end-of-Phase I" data and allowed Mytogen to proceed with a Phase II human clinical trial. Upon closing the acquisition, Advanced Cell Technology plans to begin the Phase II human clinical trial for the treatment of heart failure in approximately 160 patients. If successful, the company expects to proceed with a pivotal Phase III trial for the therapy. The Myoblast Program may prove particularly beneficial for patients that have experienced a serious heart attack and have a high risk of heart failure. This stem cell therapy involves transplantation of expanded autologous myoblasts (adult progenitor stem cells) derived from a small biopsy of skeletal muscle from a patient's leg. The technology allows for the expansion of myoblasts into hundreds of millions of cells over a period of two to three weeks. The resulting myoblasts are then transplanted back into the patient's scarred heart tissue through the use of a catheter- based procedure. While the Phase I human clinical trials were focused on the safety of the therapy, the clinical data from those trials suggests that the myoblasts often improve function in the heart and can lead to a significant increase in quality of life for the patient.
"Advanced Cell Technology has always been on the cutting edge of regenerative medicine and we are excited to join their team," noted Dr. Jonathan Dinsmore, President and Chief Scientific Officer of Mytogen, Inc. "By merging with Advanced Cell, we can now more rapidly move forward with our clinical trials and bring our novel therapies to cardiac patients in need of treatment."
William M. Caldwell, IV, Chairman and CEO of Advanced Cell Technology remarked, "We remain committed to the field of human embryonic stem cell research and believe that the promise of the Myoblast Program combined with the synergies with our Hemangioblast Program provide a diverse technology platform in stem cell therapy focused on the treatment of heart attack and heart failure. We are excited about this merger and look forward to focusing our efforts on commencing the Phase II clinical trials. The signing of this definitive agreement signals ACTC's transition from a development stage to a clinical stage company."
Additional details regarding the definitive merger agreement with Mytogen will be included in a Current Report on Form 8-K to be filed by the Company with the Securities and Exchange Commission.
-------------------- All post are my opinion. Do your own DD. Who's clicking your buy/sell button!? Posts: 7800 | From: Virginia | Registered: May 2006
| IP: Logged |