Posted On: 12/09/2014 11:56:54 AM
Post# of 30040
Re: SouthBreeze #12605
Remember this:
The purchase price to be paid by Amarantus consists of $3.5 million in cash, and $3.0 million in (value of) Amarantus common stock. The cash payments were set to be made as follows: $500,000 at the closing, $250,000 on December 31, 2014 and $2,750,000 on January 31, 2015. The $3.0 million in Amarantus common stock was satisfied by the issuance to Regenicin of 37.5 million shares of Amarantus common stock. These shares will be restricted for six months.
The purchase price to be paid by Amarantus consists of $3.5 million in cash, and $3.0 million in (value of) Amarantus common stock. The cash payments were set to be made as follows: $500,000 at the closing, $250,000 on December 31, 2014 and $2,750,000 on January 31, 2015. The $3.0 million in Amarantus common stock was satisfied by the issuance to Regenicin of 37.5 million shares of Amarantus common stock. These shares will be restricted for six months.
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