If supposed auction takes place, Ironridge indicated in. 8k that. They have every intention to bid on all assets, including patents..attempt to steal this company at a bargain? That crazy Russian would never consider such unscrupulous behavior. 8k quote:.. " On that same date, TCA Global Credit Master Fund LP issued a substantially identical notice of sale to the issuer, and IV stated its intention to credit bid at the sale up to the full amount of the funds owed to IV."