Yes, if it only worked that way...but it doesn't.
Dr Victor pledged all the assets, both physical and the intellectual property, to YA Global as collateral for the toxic convertible debt. Until that debt gets paid out, or totally converted to equity (ie, common stock in SVFC) the assets belong, in effect, to YA Global.
If, IF!, Dr LookGood exchanged his special class of preferred shares that give him total control of this public company in return for those assets pledged, then YA Global gets control of this public shell (without the assets and intellectual property) and Dr. LookGood owns his 'technology' again privately.
No change in share structure, and we remain here with the same shares in this public shell without those assets.
But, like I said before, I'm not sure this has happened and nobody else is either (with the exception of YA Global advisors and the executives of SVFC), because of the lack of information coming from both Dr. LookGood and YA Global. This is the reason there is a 'STOP' sign with the message of "OTC Pink NO INFORMATION' warning on the OTC Markets website for stock quotes.
