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IntelliCell BioSciences, Inc. Message Board

  • athec_99 athec_99 Jun 16, 2014 12:53 PM Flag

    Less than 3% recovery rate, Omission of material facts, claimed Fraud

    UNITED STATES DISTRICT COURT
    SOUTHERN DISTRICT OF NEW YORK
    Case No: 14-CV
    53. At all tirnes during the Relevant Period VICTOR knew and was
    aware that the actual recovery of live stem cells was less than 3%, wherein by
    reason of intentionally false equipment calibration sequences prograrnmed by
    VICTOR, or at the direction of VICTOR, data was recovered and manipulated
    and otherwise falsified to obtain tissue test results which were presented in a
    false Iight where by omission of material facts the test results provided
    expressly presented false positives for the presence of a 97% recovery of live
    cells in support of the claimed fraud.

    Sentiment: Strong Sell

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