Intellicell Biosciences Inc (fka SVFC)

[lee13]

The following is NOT hype. Nor is it a "sound bite" This is the actual RESULT... WHAT HAS HAPPENED SO FAR... IN
INTELLICELL VS. IRONRIDGE

(REMEMBER: Intellicell is the plaintiff. Intellicell initiated this lawsuit AGAINST Ironridge.)

THE FOLLOWING IS A FACT:

THE court has ALREADY made the following preliminary rulings:

1)The note was not amended.
2) An "accomidation fee" is NOT owed.
3) A facility fee is NOT owed.
4) The delivery of the NY certificate caused Ironridge NO damages.
5) Intellicell does not have to pay 30,000 liquidated damages as a result of tca's failure to perform.
6)No effort was made by Ironridge to collect on the note.
7) TCA is NOT contractually entitled to receive attorney fees.

ALL of these items are what Ironridge is trying to continue to contest. WHY are they doing this when the court has ALREADY made a preliminary ruling that they get NOTHING more: BECAUSE LEGALLY THEY CAN.
Ironridge wants to keep this in court as long as they can. In the meantime they are trying to KILL SVFC's SHAREPRICE! The court KNOWS THIS. read the following quotes...

(Intellicell wanted to pay the debt and move on. End of court case.)
The COURT SAID: "this is remarkable, this is wonderful, to come back from vacation, to get the first case where the plaintiff actually owes money and said "I am willing to pay it.""

THIS ENTIRE CASE HAS BEEN

"A debtor trying to pay what it contractually owes and a creditor throwing up one obstacle after another in a bad faith attempt to obtain more than what is contractually owed."

The court has sided with SVFC EVERY step of the way. ALL of the items currently being disputed by Ironridge have ALREADY been DENIED in the preliminary ruling.

This case is a joke. Ironridge will get nothing more.

I hope Intellicell sues Ironridge for damages. They would win!!!

I am in the process of obtaining a lawyer to start a class action lawsuit against Ironridge for destroying the share price. The first lawyer I spoke to read ALL the documents and believes we have a VERY GOOD case. He has referred me to another lawyer that has a great amount of experience with cases of this nature.

SVFC!!!!!!