Thanks for the reply MB25, I have a couple of observations:
You are absolutely right in that toxic financers stack the odds in their favour, but they don't invest in no-hopers, and yes, they must have thought that the risk was worth it when they first invested. I agree wholeheartedly you BUT, we're in a different situation now...
The YA Global agreement expiry date has come and gone and they could have started legal action to seize patents, plants, paperclips and anything else as they have first pick, but we haven't seen anything from them, not a peep and there are enough people surfing the NYC court documents that would shout it out if they found something.
So I ask myself why hasn't a ruthless investment company done anything about it, when they could have initiated legal action to recoup some of their investment (Ironridge tried it and failed).
The other way to frame my question is what is happening now that would keep YA Global involved with Intellicell?
Your point about "not losing as many times as regular investors" is flawed because their business strategy is to not lose at all; you're right, they don't give a sh*t about other investors and don't care whether hey get burned, all they want to do is to make money.
As we know, any investment is about managing risk as my original post stated and it seems that YA Global are STILL prepared to remain involved with Intellicell and my question is WHY are they still interested? No news does NOT mean bad news, just no news. There may be positive developments, there may be teething troubles, it may have fallen apart altogether, we don't know but I suspect YA Global does know as they will be demanding updates and threatening Intellicell with legal action so my guess is that things are developing....
Was having a look through some of the PRs earlier and I would suggest (opinion only folks) as others have, that the pre-IND is in progress, possibly with amendments to the process involving the new ultrasound flask with ongoing work on the patent if required so we're still in the game...
If you or anyone else can offer another realistic idea on WHY YA Global has not initiated legal proceedings against Intellicell I'd love to hear your thoughts...
Good weekend to y'all when it arrives...
Per Ardua Ad Astra
