The auction can not happen. I suggest everyone read the latest 8K filing. There were strong arm tactics that look like extortion as mentioned also. I have posted excerpts. Here is the most important one IMO. "On July 30, 2013, the Company notified Ironridge and TCA that the Purported Purchase was invalid, specifically due to failure to obtain the Company’s written consent for any assignment or sale of the Note, as required under the terms of the Note. Neither TCA nor Ironridge obtained the Company’s written consent prior to the Purported Purchase." -http://www.sec.gov/Archives/edgar/data/1125280/000101376213000998/form8k.htm
The auction wont take place....Ironbridge as well as TCA failed to get written consent for the acquisition. That breach of contract will stop the auction.
Think you're missing the big picture(not just your sad little one because you sold and then tried to make everyone else miserable)---Bankruptcy is not going to happen. The "auction" is not happening. SVFC's balance sheet is being cleaned up so that further developments can occur to increase share holder value.