Intellicell Biosciences Inc (fka SVFC)

[Srchn41]

NEW COURT DOCUMENT UP

Just did a check on the court site. There is a new post that has the entire transcript of the court ruling. It turns out that Ironridge got 4,959,613 shares from the Facility Equity Agreement.

It also turns out that the court is to rule on September 12 just how much more money Ironridge gets. SVFC is on the hook for legal fees at least, but that may be yet another court session.

Pretty good reading. Turns out that the money was placed in escrow by an "investor". The court blocked Ironridge from requiring this investor to reveal his identity to the court. I still think it might be Hanover protecting their butts.


Here is the link:

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=PIYBGoTxL8Q/ojsC08o8FQ==&system=prod#page=60&zoom=auto,0,717