SVFC announced a while back that they were going to raise capital. Face it, at this PPS, they aren't going to do it with common stock. If they do, then the available shares will sky rocket, and all the longs will get hurt. I think the more plausible concept is to do it with preferred shares (YA would have to agree to it) or they raise capital to pay off the YA loan so that there is some security in their investment. If the YA deal is the kiss of death, then I still ask the question why would anyone infuse cash into SVFC?
In my opinion, they will raise additional capital. It's needed to complete the vision.
