Replies to post #102060 on Creative Medical Technology Holdings Inc (CELZ)

[uvaphd]

Any idea what the basis for the lawsuit by Spencer Clarke was? Looks like they are an investment banking firm headquartered in NYC. Someone wrote that this lawsuit, that recently ended in a $600K judgment for the plaintiff against CMTH, reaches back several years—perhaps as far back as 2016. If they did bankroll the company and are trying to recover money in THAT fashion, it screams “no confidence” that this will ever recover (otherwise they’d hold shares and wait)...