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TOPIC: PROXY BALLOT

PROXY BALLOT 05 Dec 2014 11:34 #2854

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CYTORI THERAPEUTICS, INC.

2015 Special Meeting of Shareholders
To be held on Tuesday, January 6, 2015 for holders of record as of Wednesday, November 12, 2014

You are encouraged to specify your choices by marking the appropriate boxes below. To submit your vote instructions, please select the SUBMIT button at the bottom of the agenda.
If you select the SUBMIT button at the bottom of the agenda without specifying choices among the boxes below, your vote instructions will be cast in accordance with the recommendations of the Board of Directors.

Proposal(s)

Recommendations of the Board of Directors

Vote Options

1 TO APPROVE AN AMENDMENT TO OUR AMENDED AND RESTATED CERTIFICATE OF INCORPORATION TO INCREASE THE NUMBER OF AUTHORIZED SHARES OF COMMON STOCK FROM 145,000,000 SHARES TO 290,000,000 SHARES.
Against :evil:

2 TO APPROVE, PURSUANT TO NASDAQ MARKETPLACE RULES 5635(B) AND 5635(D), THE ISSUANCE OF SHARES OF COMMON STOCK UPON CONVERSION OF OUR SERIES A 3.6% CONVERTIBLE PREFERRED STOCK AND EXERCISE OF WARRANTS TO PURCHASE SHARES OF OUR COMMON STOCK.
Against :evil:

3 TO APPROVE AN ADJOURNMENT OF THE SPECIAL MEETING, IF NECESSARY OR APPROPRIATE, TO PERMIT SOLICITATION OF ADDITIONAL PROXIES IN FAVOR OF THE ABOVE PROPOSALS.
Against :evil:

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PROXY BALLOT 07 Dec 2014 06:16 #2859

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Hi Stevie-

I am not sure that is the right thing to do, but want to stay neutral.

Any of the AGAINST voters care to bring their case here???


Same thing for FOR voters of course.... :yep:

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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

PROXY BALLOT 07 Dec 2014 09:37 #2860

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The failure to raise the $ 40,000,000 last May when the share price was $ 2.37 has never been addressed. The company filed the following SEC form 424B:
secfilings.nasdaq.com/filingFrameset.asp?FileName=0001193125%2D14%2D194914%2Etxt&FilePath=%5C2014%5C05%5C12%5C&CoName=CYTORI+THERAPEUTICS%2C+INC%2E&FormType=424B5&RcvdDate=5%2F12%2F2014&pdf=
But failed to pull the trigger. WHY?
As a shareholder I believe we are all entitled to know why it was decided not to raise the well needed cash and to go down the road that we did. On the surface it appears to be a case of financial malfeasance.
Do you think Marc can honestly step up to the plate and provide an answer to this question?
An honest answer would totally boost my confidence and might even persuade me to change my vote.

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PROXY BALLOT 08 Dec 2014 05:26 #2861

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As a shareholder I believe we are all entitled to know why it was decided not to raise the well needed cash and to go down the road that we did. On the surface it appears to be a case of financial malfeasance.
Do you think Marc can honestly step up to the plate and provide an answer to this question?
An honest answer would totally boost my confidence and might even persuade me to change my vote.


All very true- Stevie- but so far Hedrick is NOT stepping to the plate and bring light to the events of the past. We still do not have answers on our questions list despite many promises that they would deliver. The best post on an OUTSIDE look at the neglect of hitting the Cowens ATM was written by user Forgot in my mind...

see below:

Resistance is a buck 42 and my target for 2015 is 4 dollar area. After the worst financial blunder I've ever witnessed , you must not drive looking in the rear-view mirror. Why are things different now? Japan , BARDA and the loansharks........Had I been in a position to short CYTX after breaking the low ( buck 42 ) , I would have brought them to their knees just like you saw happen. A NASDAQ mkt/mkr can short the shares without impunity because the law of the jungle is the only law that matters. Forget the rules , forget the "shares available to short" , that's all bullshit....... The "loansharks" saw a company that is underfollowed with no pilot to steer the ship......Had Hedrick consulted yours truly , I would have advised to aggressively hit the ATM ......the result would have been twice as good as what they got. But he is a sheep in the stock market......a mindless , carefree glob of wool and mutton for the taking. Look at the two weeks + that passed by after Saad was canned - - - Where was the stock ? Had they had enough gumption to start hitting the bid , the results would have been better than selling 26mm shares at fiddy cents ..........and another 26mm shares for fiddy-seven( via WTS)........No let's listen to classical music and play golf as the ship is perilously headed for the reef ......Whoops , we ran aground ! ......" NOW I'LL ACT" , says Hedrick/Tiago ,( lol ) ........ I'll sell shares for NOTHING and give them a warrant for the same amount ....... wowee.... I'm underwhelmed.......Did these people actually attain degrees ? Hedrick - MD? Tiago - Accounting ?..............University of Phoenix? ....Even as cynical as I am ( and I'm cynical ) , never did I dream anybody could be as dumb ( financially ) as cytx mgmt/BOD....... These people have not the first clue about the market ..........Enter the loan sharks - Short the stock down to fiddy cents , then SAVE the company. You cant make this shit up...... but all is not lost , after all , ADRC's are valid,etc...... Now the loan sharks are in charge , not Hedrick .....Buy all you can now , it'll be smooth sailing for cytori. The next 13MM dollars are already raised via the warrants....... the wolves will protect the sheep at this point as they ponied up 13MM USD knowing that we will need another 13MM usd in 6 months. Japan , BARDA and the loansharks ........no more risk here imo......Valuation will return to 2x invested capital .....Like I said , 4 bucks area - -- - forgot................I'll add 2 footnotes in defense of all the longs : we all thought nobody could be this incompetent.................but they were. Hedrick needs to wear the lab coat and Tiago count the beans , but the activist investors are in charge of this company and that'll escort cytx to the promised land of 10XWD.


Still an AGAINST- I think will endanger the Company, which is not good. :cry:

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PROXY BALLOT 08 Dec 2014 10:12 #2865

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You need to wait another 4 weeks before making a decision.

It *might* be vastly over .57 at that point, in which case they have no reason not to get the warrants and convertibles repriced, or initiate a public secondary.

In any case, there is absolutely no reason to authorize a doubling of the potential float. They are out of their minds on that. If they have the cash (from the convertibles and warrants) for at least another year, even with no partnership or extra cash, then a DOUBLING of the float is both ridiculous and premature. They should have another meeting in 3-5 months, and maybe ask for 25%.

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PROXY BALLOT 08 Dec 2014 15:54 #2869

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Received a phone call today from someone claiming to be with Cytori asking me to cast my votes on the phone in line with BOD recommendations. If it was Cytori calling, how can they waste time & money calling individual investors asking to help their cause yet not answer questions posted by those same investors? I told them I haven't made a decision yet.

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PROXY BALLOT 08 Dec 2014 16:18 #2870

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Thanks Blackisle

You are helping the cause of getting answers to questions. :yep:

I am sure Cytori folks are reading here too... so maybe its time to get to know the opinions of the players before this whole Sabby et al take-over (the 40% ownership with JUST 4% of the money)

I just want to be a mediator and facilitator at this point.
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Board moderator and Site-owner. I still regret the day I started analysing the prospects of MacroPore (now Cytori) back in 2004- a left-over from the tech-bubble at that time from the century change in my portfolio- and became addicted to Cytori´s fat cell technology. :cry:

PROXY BALLOT 08 Dec 2014 16:46 #2872

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I have received the PROXY over the weekend and I have cast all my votes FOR the company ( I have 239595 shares).

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PROXY BALLOT 08 Dec 2014 17:13 #2873

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Let me throw in my 2 cents here. First of all, I am of the belief that they waited until it was too late to raise capital because they were expecting Chris Calhoun to close one or more deals. That is evidenced by the was an 8-K about contingent payments to Calhoun. Shocking that he was still representing the company so long after resigning as CEO. They should have KNOWN better than to rely on Chris to get a deal done in a timely manner. He does have a track record, doesn't he?

As far as the vote goes, don't be naive and think that they can get a better deal in the market, even if the share price rises to $.75. New investors will want blood. Also consider that they wasted 1,000,000 in U/W fees to get the last deal done. That money is non-refundable! Cytori is tainted goods until they can demonstrate that Lorem can ramp up in 2015. IMHO. I'm hoping that China approval can be a catalyst if they can credibly demonstrate that revenues will ramp quickly. Otherwise, we go nowhere, IMHO.

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PROXY BALLOT 09 Dec 2014 09:22 #2874

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Let me throw in my 2 cents here. First of all, I am of the belief that they waited until it was too late to raise capital because they were expecting Chris Calhoun to close one or more deals. That is evidenced by the was an 8-K about contingent payments to Calhoun. Shocking that he was still representing the company so long after resigning as CEO. They should have KNOWN better than to rely on Chris to get a deal done in a timely manner. He does have a track record, doesn't he?


This story applies to the past 7 years. First they were waiting for Mentor money- than 30 Mio for selling HydroSorb and SurgiWrap. Back to partner deals again and always when the stock price was over 5$ say- nothing was done. In the past we had the discussions on the lifestyle of CC, which was rather lavish. I do think he simply wanted too much and did not know the "value of money" very well, which comes through in their rewards and evaluations of the BOD on their performance, which always was in sharp contrast to "reality". :evil:

Since the reality is what it is- I would vote only with FOR also, since Hedrick HAS to be given a chance. Without it- they will be lost and the Company will not survive long, with all the sharks swimming in the callan Road pool. :bash: :bang:

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PROXY BALLOT 09 Dec 2014 13:43 #2875

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Fees were a few hundred thousand, I think.. not millions. Probably could have done it cheaper -- another blunder perhaps.

Assuming we close the year at .75, that's 32% higher than .57. That's a significant percent discount you'd be giving Sabby.. why would you do this? Better do an offering and let it fall to .65 than give it to Sabby at .57 and .52.

* I don't like that they set up the vote before ATHENA trials.
* I don't like that they want double the float for additional share authorization.
* I don't like that they set up the vote way before the warrants are due to activate. (I don't remember if the convertibles had a due date for a vote.)

Fas, if you are going to vote "yes", at least wait until the end of the year to see where we stand. And don't vote yes for the additional share authorization. It's simply too much. Don't be defeatist! :bang:

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PROXY BALLOT 09 Dec 2014 13:58 #2876

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Fas, if you are going to vote "yes", at least wait until the end of the year to see where we stand. And don't vote yes for the additional share authorization. It's simply too much. Don't be defeatist!


I do not think I am defeatist Michael.

This vote works that non-voters are automatically AGAINST.

If the PPS through miracles or a deal gets over 1$ I expect Hedrick to NOT marry Sabby & Co of course. He should have the room to manouvre without being held back because of lacking freedom provided by shareholders votes.

Mind you- I must say, that I would have preferred to give my vote of confidence to a "new" CEO, which would not have the sins of the past.

Actually - in view of Hedrick´s refusal to "open up" on the past, maybe he should be treated accordingly... :bang: :evil:

Many issues here :whistle:

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PROXY BALLOT 09 Dec 2014 14:31 #2877

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Thats just it Fas...after being ignored over and over again ...why not exercise some power of the individual shareholder ? Doubtful you ever get it again.

You dont think 45 minutes online was really a change in direction, do you ?
How many months does it take to answer a list of questions presented to management and the BOD from concerned shareholders.

They are spending money to have calls made for votes on their behalf and they wont give us any disclosures to judge any progress whatsoever !

This is a chance for shareholders with balls to stand up....its far better than the lawsuit route where only the lawyers make out !

In the end the measure likely passes but the abstention part might make it interesting. :KO:

Everyone needs to make their own decisions !!!!!

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PROXY BALLOT 09 Dec 2014 15:41 #2878

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Everyone needs to make their own decisions !!!!!



Sure sure- weaponed with some information , "everyone" can avoid mistakes, whatever they are.

I decided to wait until the last moment and probably stay passive than. :whistle:

Will have to talk to the experts a bit.

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PROXY BALLOT 09 Dec 2014 15:41 #2879

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I'm 95% sure Hedrick will be obligated to convert the shares (when asked) if the vote is "yes".

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PROXY BALLOT 17 Dec 2014 16:03 #2931

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Looking at the pre-14a again , I think it is completely foolish to vote "yes".

Check this line: If stockholder approval is not obtained on or before April 8, 2015.

Do not vote "yes"!

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PROXY BALLOT 18 Dec 2014 12:40 #2939

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My understanding is that if you do nothing your shares are voted as no. Or at least not as yes. Is that correct? I have already received 2 phone calls asking me to vote.

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PROXY BALLOT 18 Dec 2014 14:17 #2942

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Right, it's in the filing. No vote means "no".

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PROXY BALLOT 30 Dec 2014 05:04 #3000

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BUMP :evil:

With Dendreon going to be auctioned today and Tengion filing for bankruptcy, we need GOOD arguments please for voting in a certain way.

Volunteers- especially the ones who received a call from the Company- please step forward and lets hear the arguments!!! :write:

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PROXY BALLOT 30 Dec 2014 09:55 #3001

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the company need the additional shares to get in the worst case money with more dilution. It hurt but as an shareholder i think a yes is needed.

Holdi

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