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Never had a doubt! The company is legit and continues to prove it. Anyone stating otherwise needs to get their head out of the sand. SVFC$$$$
Well said and smart move IMO! SVFC$$$$
roller150, I agree 100%! You have to have the right team to get the job done. The revenues will follow based on the groundwork already done provided you have the right players! This is outstanding news today, particularly going forward for future growth!! SVFC$$$$
OUTSTANDING! Finally a CFO! Like I said, SVFC is going to start doing things the right way! SVFC$$$$
I suspect the reason for the delay is because they changed accounting firms. The delay doesn't surprise me. Changing firms is not uncommon, and I agree with you that accuracy and completeness is key. We are going to see a different SVFC; a company that does things the right way! All IMO. SVFC$$$$
MB25, I just posted a correction in response to BBW. SVFC$$$$
BBW, I just spoke to Crystal at OTC Markets and indeed what you wrote is exactly what she said. So folks, that settles that, the 10-Q is due by 5:30 EST TODAY to avoid losing pink status. Thanks Wolf. SVFC$$$$
Last Thursday SVFC notified they would be late filing. The 10-Q was supposed to be filed last Friday, not Thursday, meaning they have until tomorrow, not today. SVFC$$$$
It is 5 calendar days:
After filing a NT 10-Q, the deadline for the 10-Q is extended five calendar days.
http://www.merrilldirect.com/cps/rde/xchg/merrilldirect/hs.xsl/edgar-sec-filing-deadlines-and-holidays-2014.htm#lrgacc_Late 10-Q
SVFC$$$$
Honestly, I think it would be a great day if we get back to previous support at .0015-.0016. Then we can take it from there. Nice and slow! Just don't want to see another retreat. SVFC$$$$
jubin56 and mave_rick, sorry guys and thanks for Frank's info. Actually I can read, Lol. I just didn't see the information at the bottom of Toeinmouth's email. SVFC$$$$
Thanks jubin56! SVFC$$$$
jubin56 and Toeinmouth, interesting indeed! Would either of you please supply us with Frank's contact info including phone and email? TIA SVFC$$$$
With the IR crap still hanging and unsettled could that be the reason, or one of the reasons, for the late 10-Q? SVFC$$$$
I knew I liked you roller150!! Maybe we'll have two reasons to celebrate come Super Bowl Sunday! I totally agree, slow and steady climb, but if surprising news hits this could take off like a rocket! SVFC$$$$
I meant a bounce to previous support, .0015-.0016. Then yes, I agree, a steady climb is the best and healthiest way to go. SVFC$$$$
Packer fan but I hope Johnson has a GREAT season! You can bet SVFC will get plenty of credit if that happens! SVFC$$$$
Correct. Way oversold and long overdue for a big bounce. SVFC$$$$
arrogance will not let them sell for a loss
Hmm, not only is this assumption inaccurate but doesn't the statement itself sound rather arrogant?
There is no certainty when it comes to trading penny stocks or any stock. SVFC$$$$
gempicker, I didn't say I was endorsing it. It is logical concern and becomes more logical the lower the PPS drops. You mention the 7 billion shares. Are you referring to what is left of the A/S? The company may want to use those shares for other purposes such as acquisitions, paying off debt, etc. You can't assume they would just convert those into O/S. SVFC$$$$
That has been my greatest concern over the last couple of months. I have spoken with Clay Parker several times and of course he can't legally disclose information of that nature to me or any individual shareholder. Believe me, I asked him if a R/S was being considered. I hope they don't do it but I have seen this movie too many times. Maybe the ending turns out differently this time. One more thing; a R/S is not a guarantee of future failure. Companies do succeed from such a decision. The problem is a lot of shareholders bail because of the perception that the stock is worth less thus causing the PPS to further decline, at least initially. We'll just have to see how this plays out. For now let's just hope they have no intention of a R/S and that maybe they have something else up their sleeves to cause the PPS to rise. SVFC$$$$
I agree Turbo although I can see how difficult this can be for some. I'm just dealing with it. I have no plans to part with one share of my 24 million. Not yet. Not at these prices and GUARANTEE a loss. Like you, I will wait for better days. I can be a very patient man. Right now I'm more concerned with getting rid of my slice before I hit the links on Sunday, lol. SVFC$$$$
Who thinks we'll see .01-.02 sustained and if so when? SVFC$$$$
MB25 is right. The next rally and subsequent ones won't have the same legs. Investors are getting in cheaper and are more likely to bail with a profit thus killing any rally much sooner. Long term will be fine IMO, but I think the road will be much more volatile. SVFC$$$$
You're right Jukimol! At least SVFC fought, won, and survived! Dr. Victor can be criticized for many things but he did the right thing regarding IR although we still don't know the details of how the $91,000 was managed. Hopefully that will be in the 10-Q. SVFC$$$$
Jukimol, the best part of the article is this:
The CEO of one such firm, IntelliCell BioSciences, has made no secret of his unpleasant experience with Ironridge. Dr. Steven Victor sued and successfully got a favorable ruling against Ironridge earlier this year.
Following that ruling, Victor stated: "We maintained from the very beginning that we would vigorously defend ourselves against all of John Kirkland's and Ironridge's claims for additional monetary damages and today the Company feels vindicated and is happy for its shareholders."
Unfortunately, many of IntelliCell's early investors lost a small fortune along the way.
Reached for specific comments for this article, Dr. Victor said simply: "There are good guys in the space and there are bad guys in the space, like anything else."
Having survived, Dr. Victor says his regenerative medicine firm is now focused on making a comeback with a real technology and products that will generate revenues.
"Anyone who wants to know what really happened and how much frustration the management team went through, can simply read through our filings. It's all there."
SVFC$$$$
Yeah, should be out by Friday. SVFC$$$$
Great post mave_rick! For longs the questions were rhetorical. However, for those on the fence your post should give them plenty of food for thought. The PPS is where it is because of one simple reason. Just because! No other reason that makes sense. Now we wait for the 10-Q and subsequent PR's and eventually the PPS will climb to levels more reflective of where it should be. All IMO. SVFC$$$$
I agree shivas. I think we're in a holding pattern until the 10-Q comes out; hopefully on time and with an increase in revenues. SVFC$$$$
Sounds like day trading. Long and strong! SVFC$$$$
shivas38, yeah, that is a mystery. I am with you and wish I knew why they haven't announced the hiring of one yet. Perhaps soon? This needs to get done. SVFC$$$$
Very well stated mave_rick. MOST IMPORTANTLY the last paragraph. Things can change rapidly and I believe they will for ALL the reasons you mentioned. Patience is the key! Selling is not an option IMO because there is nothing to be gained by doing so. However, there is plenty to be gained by holding or adding additional shares at these ridiculously low prices. SVFC will be looked at in a very different light in the not too distant future! SVFC$$$$
Yep, no reason for the drop. I would expect a good bounce next week. SVFC$$$$
Finally a level-headed post. Thanks mave! SVFC$$$$
Smart move and GLTU! SVFC$$$$
Brakeman, speak for yourself. Who is confused and who was "taken by the SI article?" SVFC has a bright future and like any start-up biotech company there will be bumps along the way. No thanks, I WILL NOT get out immediately because I think that would be extremely foolish. Long and strong! SVFC$$$$
dmsrz8, welcome to the world of penny stocks my friend! Charts won't do you any good here but DD will. SVFC is way oversold and there will be plenty of outstanding PR's coming along in the near future. Lots of reasons to be optimistic here. Just have to do your own DD. SVFC$$$$
Agree, nothing to be concerned about. SVFC$$$$
Excellent work LJ! SVFC$$$$
Lol, agree shivas. BTW, the SI article was definitely news worthy. Maybe not earth shattering news but news all the same and they'll be plenty more from where that came from! SVFC$$$$