Replies to post #65069 on Intellicell Biosciences Inc (fka SVFC)

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I understand what your saying Caz but........ If you read how the merger transpired you would see that there was a magic wand waved over the CWLC debt which really by today's accumulation was small anyway, like 1.5 million or something. The magic was that the CWLC debt was packaged with some gaming rights for I think it was Tarsin, anyway pieces of CWLC, Media exchange group the doctor had no use for were tied gift wrap and spun off debt and handset gaming properties to Consortium group. Where Consortium absorbed all the debt in exchange for those Tarsin and other gaming operator rights they wanted. Now probably a chunk of this current debt came from the leadership of Media Exchange and who knows what kind of deal they worked out for themselves. I think I remember one of the principles of that deal came back asking for more at one point. So Most likely it was a hefty amount along with any debts they had aquired. Plus whatever those crapy consultants got that the Doc initially took poor advice from. So your probably right to some degree but not spot on detail. Lol...