The answer to that could be rather simple, if we apply Occam's razor. Dr. LookGood is still the CEO of a private company named 'Intellicell', and that is the one that is still 'in business' (and now expanding into Asia?). YA Global Advisors have taken control of this public shell with the symbol 'SVFC' listed on the OTC markets, most likely by some sort of private arrangement and asset swap. I'm taking that approach if I decide to average down (again!) at this price level.
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