InvestorsHub Logo
Followers 3
Posts 104
Boards Moderated 0
Alias Born 03/30/2015

Re: osbuser post# 89072

Wednesday, 02/03/2016 7:32:03 AM

Wednesday, February 03, 2016 7:32:03 AM

Post# of 91007
Its not 'dead', its just empty. Public shell companies don't die.
You cant short this pos via the DTCC (Depository Trust Clearing Corporation) so there are no naked shorts to be 'burned'. All that's left here is the constant trickle of shares coming off the conversion of the notes and/or from the garbage that Frank is selling directly to anyone willing to burn money.
Any prospects this shell company has will be determined by its next iteration and what assets are vended into it, ie, who buys it and what business activity its involved in.
Dr Lookgood has abandoned his shareholders and this shell. He's keeping any revenue he generates with svf via his private company RegenMed and can buy back the assets/tech/patents in SVFC buy selling to the toxic financiers the special preferred class of shares that he personally owns that effectively give him control of the shell.
Its all a punters game now, left to the speculators that are betting that a new group is going to resurrect the shell and give it some sizzle.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.