Intellicell Biosciences Inc (fka SVFC)

[Srchn41]

INTELLICELL DEFAULTS ON STIPULATED SETTLEMENT

In Waldener’s vs. Intellicell Intellicell failed to pay the stipulated amount of $250,000 due on October 25th, 2013.
This amount was to be followed by two payments of $55,000 due on November 25th, 2013 and December 25th, 2013 respectively. This would have resulted in a total payment of $360,000.


https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=i2upxnt9ekmXLVrWrlV32A==&system=prod


As a result of the default by Intellicell, Waldener’s has filed a proposed clerk default judgement in which Intellicell would be required to pay a total of $374,790.70. This includes interest and fees, in addition to the original $360,000.

https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=Hr_PLUS_6r_PLUS_4FRwvwU2Mxo1J2Nw==&system=prod

Here is an affidavit from Waldener’s attorney with a copy of the notice of default sent to Intellicell.



https://iapps.courts.state.ny.us/fbem/DocumentDisplayServlet?documentId=2Wt3m965YK5nPRHDnS_PLUS_MtA==&system=prod

More stuff to pay. Buy those shares up!