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Friday, May 09, 2014 9:59:54 AM
the oh-so-careful parsing of word and phrase in the latest $$SVFC PR?
Look here:
On January 28, 2013, after an arduous battle in the courts, Judicial Hearing Officer Ira Gammerman, a long time former Justice of the Supreme Court of the State of New York, in a decision on each of Ironridge's claims against the Company, fully justified (well not quite) IntelliCell's position by ruling against each of Ironridge's and TCA's demands for [color=red]monetary damages(had to qualify damages as monetary since they lost on the issue of the Facility Fee Shares, LOL!). The Company has always maintained that Ironridge was not entitled to any monetary claims in this matter (the matter of damages as defined under the loan docs, as opposed to the original defaulted upon debt) and Judge Gammerman agreed. The Court made it abundantly clear that Ironridge (led by its principals John Kirkland and Richard Krieger) and TCA are not entitled to monetary damages and had no right to inappropriately broadcast to the world that it could sell IntelliCell's assets
The following provides Judge Oing's take on what is or isn't appropriate:
Mr. Haddad: "The foreclosure is a non-judicial proceeding expressly provided for under section 5[a] [iii]"
The court: "I'm not disputing that"
Mr. Haddad: "of the (Security) agreement."
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=PIYBGoTxL8Q/ojsC08o8FQ==&system=prod
IntelliCell's Chief Executive Officer, Dr. Steven Victor, remarked, "We maintained from the very beginning that we would vigorously defend ourselves against all of John Kirkland's and Ironridge's claims for additional monetary damages and today the Company feels vindicated and is happy for its shareholders." Dr. Victor added, "I would like to especially thank The Roth Law Firm and Richard Roth and Jordan Kam for their hard work in getting us the best result possible." Richard Roth stated, "At the end of the day, IntelliCell knew it was right -- and Ironridge was wrong -- on all monetary (oops, forgot damages) claims. We needed two judges to confirm our position."
Nobody spins 'em like ol' Vic, lol. as the aboveTruths w/ Quotes & links will always trump Failed Hope, Failed Hype & Yummy Intent
Look here:
On January 28, 2013, after an arduous battle in the courts, Judicial Hearing Officer Ira Gammerman, a long time former Justice of the Supreme Court of the State of New York, in a decision on each of Ironridge's claims against the Company, fully justified (well not quite) IntelliCell's position by ruling against each of Ironridge's and TCA's demands for [color=red]monetary damages(had to qualify damages as monetary since they lost on the issue of the Facility Fee Shares, LOL!). The Company has always maintained that Ironridge was not entitled to any monetary claims in this matter (the matter of damages as defined under the loan docs, as opposed to the original defaulted upon debt) and Judge Gammerman agreed. The Court made it abundantly clear that Ironridge (led by its principals John Kirkland and Richard Krieger) and TCA are not entitled to monetary damages and had no right to inappropriately broadcast to the world that it could sell IntelliCell's assets
The following provides Judge Oing's take on what is or isn't appropriate:
Mr. Haddad: "The foreclosure is a non-judicial proceeding expressly provided for under section 5[a] [iii]"
The court: "I'm not disputing that"
Mr. Haddad: "of the (Security) agreement."
https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=PIYBGoTxL8Q/ojsC08o8FQ==&system=prod
IntelliCell's Chief Executive Officer, Dr. Steven Victor, remarked, "We maintained from the very beginning that we would vigorously defend ourselves against all of John Kirkland's and Ironridge's claims for additional monetary damages and today the Company feels vindicated and is happy for its shareholders." Dr. Victor added, "I would like to especially thank The Roth Law Firm and Richard Roth and Jordan Kam for their hard work in getting us the best result possible." Richard Roth stated, "At the end of the day, IntelliCell knew it was right -- and Ironridge was wrong -- on all monetary (oops, forgot damages) claims. We needed two judges to confirm our position."
Nobody spins 'em like ol' Vic, lol. as the aboveTruths w/ Quotes & links will always trump Failed Hope, Failed Hype & Yummy Intent
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