Home > Boards > US OTC > Delisted > Intellicell Biosciences, Inc. (fka SVFC)

From latest SEC filing:

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ImOnABoat Member Level  Thursday, 11/07/13 02:54:37 PM
Re: None
Post # of 91005 
From latest SEC filing:

http://ih.advfn.com/p.php?pid=nmona&article=59665512



Officer Advance

From time to time, the Company has received advances from one of its officers to meet short term working capital needs.

Cumulative advances received for working capital purposes amounted to $238,044 and $181,858 as of June 30, 2013 and December 31, 2012, respectively. These advances do not have formal repayment terms or arrangements.




It looks like some of the insiders do believe into this company enough to trust it with couple hundred thousand dollars out of their pockets...


This post is my personal opinion. I do not provide investment advice.

i.t.m.d.
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