Replies to post #84582 on Intellicell Biosciences Inc (fka SVFC)

[gonia]

Sixth, what you got from etrade? I got nothing.
This baby, SVFC, is looking great on a chart. We get vol and she goes up to test previous highs.0012 and then 200ma weeeee

[trebeg]

I've been with E*TRADE for over 20 years and I didn't receive anything. I have received emails from E*TRADE for years but not the email you're referring to. Anyway, back to the link:

Quote:

but I still have reality.

This from the link:

PURPOSE AND EFFECT OF INCREASING THE NUMBER OF AUTHORIZED SHARES

The Board believes the Authorized Share Increase is necessary and advisable in order to maintain our financing and capital raising ability, to comply with the terms and conditions of certain debt and equity instruments and to generally maintain our flexibility in today’s competitive and rapidly changing environment.
An immediate purpose for increasing the authorized shares is to provide enough shares required to satisfy certain obligations in our convertible debt and equity instruments. If the Company were required to settle its outstanding warrants and convertible debt as of September 30, 2014, we would be required to issue 934,021,481 common shares for the settlement of warrants and 12,190,347,336 for the settlement of outstanding convertible debt. The Company determined that the settlement of these outstanding financial instruments would exceed our authorized shares of 10,000,000,000 at September 30, 2014 by 6,842,122,097 shares.

Reality? I think it's time for a reality check. Read the above and a R/S simply makes no sense and would be counterproductive.

SVFC$$$$