Hard to tell. It conceals as much as it reveals.
Notice in Exhibit 10.1 that Dinosaur addressed the proposal to Dr. Victor on October 9, on which date the Managing Director signed at the bottom. Dr. Victor agreed and accepted and signed on October 10.
Then SVFC filed the 8-K Date of Report on October 20. SEC statues: "Companies have four business days to file a Form 8-K for the events specified in the items in Sections 1-6 and 9 above. However, if the issuer is furnishing a Form 8-K solely to satisfy its obligations under Regulation FD, then the due date might be earlier."
For myself, and perhaps other LT holders who hoped SVFC cleaned up its managemnt act, this is not what we hoped for. Their legal counsel has not yet called me back in response to my inquiry about the possible Reg FD status of the filing.
Still holding LT position, Info
