Replies to post #63031 on Intellicell Biosciences Inc (fka SVFC)

[TheSkunk]

As per the new OTC minimum bid test of closing at .01 for one day prior to may 31, 2014

Am not sure how you could add a 3 in front of the 1 making the deadline the 31st when it is clearly May 1st.

http://www.otcmarkets.com/content/doc/otcqb-fact-sheet.pdf

Beginning
may 1, 2014:

Bid test:
All current OTCQB companies that do not meet the minimum bid test (minimum bid price of $0.01 per share as of the close of business for at least one of the previous thirty consecutive calendar days) will be removed from OTCQB beginning May 1.

That's a pretty big error to make. It's not 30 days from the beginning of the month as you reported.

There are no "doomsday" scenarios there is ONLY the YA Global deal. Should any ONE of those conditions of Default occur regardless of which ones you acknowledge or not, the same situation can occur. You can't just take the money from YA Global without agreeing to the conditions and then dismiss them because you don't like them. It's illogical to dismiss any part of a contractual obligation agreed to by the company for any reason. Ignorance of the rules or law governing these agreements is not a valid legal defense.

Why not link to the YA Global deal and support your assertions so this can be cleared up pretty quick?

But "of course" this cannot happen just like "of course" the filings will be made on time.