Replies to post #78429 on Intellicell Biosciences Inc (fka SVFC)

[Pjordan1019]

Precisely why I refuse to sell. Pink sheet stocks rarely restate their financial statements because there is no real need. Intellicell spent the resources like time and money to restate them correctly because of what? A move by a big investor? A move by a potential partner who wants to make sure everything is in place before a hand shake happens? Svfc doesn't communicate to shareholders, everyone and their mother know that. So clearly the restating of the financial statements wasn't because intellicell said "yes let's update the shareholders now on statements after not communicating with them for a month and a half". It doesn't add up. There is something more. Agree with you.

[SeanBoy]

They restated their financials because they had material errors in them.

They got involved with toxic financing because that was the only way they got get operating funds.

You can try to spin those into good things, but that fact is that neither one was a good thing.