Intellicell Biosciences Inc (fka SVFC)

[Gannicus]

* SVFC - why the destruction of the common stock?

That seems very simple to me.

Ironridge minions had been shorting SVFC, and we had already settled at 0.001-0.0015 range before this deal showed up.

If you're a new entity providing financing, you want the CD holders out and you want shares at the lowest level possible. That's why we were seeing "institutional" 50-90 mil blocks going off at 0.0001-0.0002 without touching the retail bid.

The new guys want in at 0.0001-0.0002 and why wouldn't they???
If they accumulate 2-3 billion shares at this level, that's an investment of $300-$500k.

If they can then turn around and run the stock to 0.01-0.02, those shares are worth $30-$50 million. And that's just icing on the cake.

Someone said it best...this is a "transfer of wealth".

So the retail long has to suffer for a few weeks as we drop from 0.0015 to 0.0001. Seems like a small price to pay if this can get back to 0.01-0.02 with a whole new team at the helm.