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Amarantus Bioscience Holdi AMBS
Posted On: 08/08/2014 10:19:53 PM
Post# of 30066
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Posted By: Warp
Regarding the company's intended national exchange for the up-list, did anyone notice this statement on page 7?
Quote:
Director Independence

The Company believes that Robert L. Harris, Dr. Mark Benedyk and Don Huffman are independent directors as defined under the Nasdaq Marketplace Rules.

We know they've been working to establish the necessary corporate compliance requirements, and Gerald responded to an exchange question in the July 10th Twitter Q&A session:
Quote:
What would be an acceptable reverse stock split for uplisting? 1-for-5? 1-for-10? and to which National Exchange? NYSE, NASDAQ? NSX?
We are in discussions w/ both exchanges and have not made any decisions regarding a reverse split or its necessity in Q4.

This may indicate they have finalized their decision to be listed on Nasdaq. Yay!!! One step closer.













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