Posted On: 03/04/2016 5:48:56 PM
Post# of 30066
It appears we have an explanation for the massive selling following 2/22 even though the major holders signed a new Leak Out.
The filed an 8K saying this:
"On February 22, 2016, the Company filed an amendment to its Series E Preferred Stock Certificate of Designations with the State of Nevada providing that the Series E Preferred Stock would not be convertible until March 31, 2016."
Today, they filed an 8K saying this:
"On March 1, 2016, Amarantus BioScience Holdings, Inc. (the “Company”) filed an amendment to its Series E Preferred Stock Certificate of Designations with the State of Nevada providing that none of the Series E Preferred Stock may be converted until March 31, 2016, except for those conversions submitted to the Company during the week of February 22., 2016 to February 26, 2016."
It appears that they had to correct the previous filing and give the Series E another week to dump on us.
The filed an 8K saying this:
"On February 22, 2016, the Company filed an amendment to its Series E Preferred Stock Certificate of Designations with the State of Nevada providing that the Series E Preferred Stock would not be convertible until March 31, 2016."
Today, they filed an 8K saying this:
"On March 1, 2016, Amarantus BioScience Holdings, Inc. (the “Company”) filed an amendment to its Series E Preferred Stock Certificate of Designations with the State of Nevada providing that none of the Series E Preferred Stock may be converted until March 31, 2016, except for those conversions submitted to the Company during the week of February 22., 2016 to February 26, 2016."
It appears that they had to correct the previous filing and give the Series E another week to dump on us.
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