kevin
New Member
Posts: 16 
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Post by kevin on Feb 28, 2016 15:29:51 GMT
Ditto, thanks Kukkido and Vz!
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Post by thechurchmaus on Feb 28, 2016 15:46:57 GMT
nice work kukk!
here is some additions.
after the time to file has expired(60 days)astella has to give the court a list of dissenters.the court then checks the validity and we get a certified letter stating so.
thats basically all you need to have to be part of the process as long as somebody files the lawsuit.if there are more the court will consolidate as only one is admitted.120 days to file but it can happen sooner.
the court can also demand that stock certificates are deposited with its registrar but i hope this does not happen.
you can withdraw shares within the 60 days.after that you can do so as well but it needs the courts approval.
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Post by moonfiddler on Feb 28, 2016 18:03:23 GMT
I am meeting with the LA Attorney and we have a conference call with Eric tomorrow, I will let you know what happens. Kukkido Hi Don (Kukkido), Please check your messages.....and thanks for all of your efforts!! moonfiddler |
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Post by moonfiddler on Feb 28, 2016 19:23:47 GMT
nice work kukk! here is some additions. after the time to file has expired(60 days)astella has to give the court a list of dissenters.the court then checks the validity and we get a certified letter stating so. thats basically all you need to have to be part of the process as long as somebody files the lawsuit.if there are more the court will consolidate as only one is admitted.120 days to file but it can happen sooner. the court can also demand that stock certificates are deposited with its registrar but i hope this does not happen. you can withdraw shares within the 60 days.after that you can do so as well but it needs the courts approval. Thanks church very much! We're totally in the dark on all of this...and there seem to be some variations of opinions on procedures, etc. Let's hope we renegades will triumph in a very substantial way!!..... |
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jak
Junior Member
Pic reflects current mood
Posts: 88
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Post by jak on Feb 29, 2016 3:10:44 GMT
Thanks Don, I am onboard as well with a letter to Astellas and leveraging your attorney. Awaiting directions.
John (jak)
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Post by kingston on Feb 29, 2016 5:07:57 GMT
We are making progress in getting all the information to make the best decision going forward....Please continue to Pm me your share count, as it may help in offering Astellas a settlement. Many Kudos to Kukkido for his yeoman's work! Amen on the Kudos to Kukkido. Here's what I don't understand. How/why would an attorney take a client for a 35% contingency fee if he doesn't know from the gitgo whether he'll receive his fee based upon anywhere between 10,000 & 2,000,000 shares. I would think that the amount of work an attorney would do if he thinks he'll get in the area of 35% x (P - $8.50) x 10,000 would be much less than if he believes his client base is closer to 1 or 2 million shares. BTW, P represents the final price per share either settled for or ruled by the Court. |
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Post by kukkido on Feb 29, 2016 7:38:17 GMT
Hey Everyone,
All this is great dialogue. We are on our way, I had a talk with the LA Attorney and Eric today. I fully understand the situation at this point. I have to wait until LA Attorney drafts his opinion with Eric's Opinion as this isn't as easy as it seems and look at the percentage of companies filing Appraisal Rights in the last year. Church is correct on his message, and Kingston, you are correct also. Let me get the letter tomorrow we will go from there. Remember, I have skin in the game also and am looking for a clear path forward. Some people didn't follow the Delaware rules and have already screwed themselves.
I will have a plan of attack tomorrow, if you all agree then we will start to move forward. If you want to be a sandbagger then sandbag, you will not have the support of the group. If and when the lawsuit is filed, only the people who will follow on will be privy to information. Or you can hire your own attorney. We, the People will prevail and as RODDY PIPER said, I have come here to chew bubblegum and kick ass...and I'm all out of bubblegum."
I see that someone named TedS on ICELL had started a fund to pay for some legal fees. Well, it would be nice if they would come over here to discuss this. Its not about Political Correctness now, its about--- Our livelihood.
Have a good evening.
Kukkido
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Post by kukkido on Feb 29, 2016 7:54:18 GMT
How much is this worth? en.wikipedia.org/wiki/Robert_LanzaI want Blood: ACT's @robertlanza reports >30,000 fold greater proliferative capacity of hES-derived MSCs vs. conventional BM MSCs -Remember the quote Dr. Lanza made about being able to fill fenway park. This cannot be good for Mesoblast Remember this? Cephalon will pay Mesoblast $130 million upfront and another $220 million to acquire a nearly 20 percent stake in the Australian company, they said in a statement. Cephalon will have worldwide rights to specific products based on Mesoblast's adult stem cell technology platform. Adult stem cells, as opposed to the more controversial embryonic stem cells, have a limited ability to form new types of cells and tissues. The companies said total regulatory milestone payments to Mesoblast could reach $1.7 billion, assuming that the agreement results in commercial treatments for conditions including congestive heart failure, acute myocardial infarction, Parkinson's disease, and Alzheimer's disease. Mesoblast will be responsible for conducting and financing certain Phase IIa clinical trials and commercial supply of the products. Cephalon will be responsible for later-stage clinical trials and commercialization of the products. --------------------------------------------------------------------------------------------- Makes me wonder what something that is 30,000 X more potent worth? I am going to contact this scientist as the expert who can help put some of this together. Alexey Bersenev @cells_nnm MD, PhD. Cell trialist. If this thing goes to court, I am going to have a field day. Too many issues concerning valuation like Lupus, and the Canine Studies that were never released. Im pissed all my money went to things that weren't valued. Doesn't make sense. Kukkido |
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Post by moonfiddler on Feb 29, 2016 19:50:43 GMT
How much is this worth? en.wikipedia.org/wiki/Robert_LanzaI want Blood: ACT's @robertlanza reports >30,000 fold greater proliferative capacity of hES-derived MSCs vs. conventional BM MSCs -Remember the quote Dr. Lanza made about being able to fill fenway park. This cannot be good for Mesoblast Remember this? Cephalon will pay Mesoblast $130 million upfront and another $220 million to acquire a nearly 20 percent stake in the Australian company, they said in a statement. Cephalon will have worldwide rights to specific products based on Mesoblast's adult stem cell technology platform. Adult stem cells, as opposed to the more controversial embryonic stem cells, have a limited ability to form new types of cells and tissues. The companies said total regulatory milestone payments to Mesoblast could reach $1.7 billion, assuming that the agreement results in commercial treatments for conditions including congestive heart failure, acute myocardial infarction, Parkinson's disease, and Alzheimer's disease. Mesoblast will be responsible for conducting and financing certain Phase IIa clinical trials and commercial supply of the products. Cephalon will be responsible for later-stage clinical trials and commercialization of the products. --------------------------------------------------------------------------------------------- Makes me wonder what something that is 30,000 X more potent worth? I am going to contact this scientist as the expert who can help put some of this together. Alexey Bersenev @cells_nnm MD, PhD. Cell trialist. If this thing goes to court, I am going to have a field day. Too many issues concerning valuation like Lupus, and the Canine Studies that were never released. Im pissed all my money went to things that weren't valued. Doesn't make sense. Kukkido Hi Kukkido! Thanks again and please check your messages. |
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Post by vzveteran on Mar 1, 2016 14:22:26 GMT
Found this in my inbox this morning:
As a reminder Investor Stem Cell will no longer be accepting donations as of 2/22/2016.
Please ensure that if you've set up a monthly reoccurring charge that you visit your Pay Pal account and deactivate. SCM. LLC has no access to your account.
All the Best,
Team Stem Cell
Looks like they are closing shop...Hopefully we can get those members that are going for appraisal to post here
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Post by JHam on Mar 1, 2016 14:30:07 GMT
Found this in my inbox this morning: As a reminder Investor Stem Cell will no longer be accepting donations as of 2/22/2016. Please ensure that if you've set up a monthly reoccurring charge that you visit your Pay Pal account and deactivate. SCM. LLC has no access to your account. All the Best, Team Stem Cell Looks like they are closing shop...Hopefully we can get those members that are going for appraisal to post here Looks like that's the end of iCell. Probably the best way to get former iCell members, or anyone else for that matter, who want to join this battle with you is to go to twitter. Tweeting "$OCAT" along with a link to this thread would probably help. I'll do it right now. |
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Post by vzveteran on Mar 1, 2016 14:33:49 GMT
Found this in my inbox this morning: As a reminder Investor Stem Cell will no longer be accepting donations as of 2/22/2016. Please ensure that if you've set up a monthly reoccurring charge that you visit your Pay Pal account and deactivate. SCM. LLC has no access to your account. All the Best, Team Stem Cell Looks like they are closing shop...Hopefully we can get those members that are going for appraisal to post here Looks like that's the end of iCell. Probably the best way to get former iCell members, or anyone else for that matter, who want to join this battle with you is to go to twitter. Tweeting "$OCAT" along with a link to this thread would probably help. I'll do it right now. Thanks, I don't do twitter. |
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Post by JHam on Mar 1, 2016 14:35:20 GMT
Looks like that's the end of iCell. Probably the best way to get former iCell members, or anyone else for that matter, who want to join this battle with you is to go to twitter. Tweeting "$OCAT" along with a link to this thread would probably help. I'll do it right now. Thanks, I don't do twitter. I just tweeted the following: Those looking to pursue Appraisal Rights following the Astellas buyout of $OCAT should join the conversation here: thebiotechinvestor.freeforums.net/thread/1184/appraisal-rights-discussion-thread …Not sure if it will help or not, but worth a try. |
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Post by thechurchmaus on Mar 1, 2016 23:34:06 GMT
not too much going on here either!today i got a copy of the letter fidelity/cede sent to ocata on my behalf asserting my appraisal rights.
i dont know wether negotiating with astella will bring anything.as far as i am concerned we are way too far apart.
as far as lawyering up for the chancery court we have time until may 10.there are a few questions i have after talking to eric andersen.he says he will get a third and costs of anything we get over 8.50.what about the 6% interest compounded per quarter or the reasonable lawyers fees the judge awards at the end of the show?i am not going for a lawyer after my shares get certified and hope the judge picks a good one to represent us all.eric calls me a freeloader but i will be happy to pay at the end on a per share basis distributed which averages 23% in previous cases for all.with eric probably taking 40% thats a 17% difference.with 100k$in play thats 17000$.if he does not get picked by the judge thats 40 grand for sitting on his behind.i have a sneaking suspicion there are arbitrage hedgefunds involved who will have their lawyers.
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Post by moonfiddler on Mar 2, 2016 0:16:53 GMT
not too much going on here either!today i got a copy of the letter fidelity/cede sent to ocata on my behalf asserting my appraisal rights. i dont know wether negotiating with astella will bring anything.as far as i am concerned we are way too far apart. as far as lawyering up for the chancery court we have time until may 10.there are a few questions i have after talking to eric andersen.he says he will get a third and costs of anything we get over 8.50.what about the 6% interest compounded per quarter or the reasonable lawyers fees the judge awards at the end of the show?i am not going for a lawyer after my shares get certified and hope the judge picks a good one to represent us all.eric calls me a freeloader but i will be happy to pay at the end on a per share basis distributed which averages 23% in previous cases for all.with eric probably taking 40% thats a 17% difference.with 100k$in play thats 17000$.if he does not get picked by the judge thats 40 grand for sitting on his behind.i have a sneaking suspicion there are arbitrage hedgefunds involved who will have their lawyers. Hi church, Please check your messages. Thanks! |
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Post by thechurchmaus on Mar 2, 2016 1:57:08 GMT
looks like everybody has withdrawn to pms and direct communication.
i will still share what i know that could be helpful to others and keep this board alive.i am not a lawyer and could be wrong so do your own dd as well.i have to read all that legaleeze quite a few times just to get the gist of it with my head smoking.
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Post by atomicpunk on Mar 2, 2016 2:12:03 GMT
looks like everybody has withdrawn to pms and direct communication. i will still share what i know that could be helpful to others and keep this board alive.i am not a lawyer and could be wrong so do your own dd as well.i have to read all that legaleeze quite a few times just to get the gist of it with my head smoking. Thank you churchmouse. I'm relying on all the info and educated opinions that i can get my eyes on to make important decisions. Thank you for sharing. |
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Post by chuck on Mar 2, 2016 3:28:55 GMT
Very strange end to ICell. Not sure what to make of that whole thing yet...very sudden and very weird.
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Post by thechurchmaus on Mar 2, 2016 3:31:11 GMT
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cruss
New Member
Posts: 4
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Post by cruss on Mar 2, 2016 11:45:00 GMT
Yes, thank you. I too am very interested in any information.
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