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Amarantus Bioscience Holdi AMBS
Posted On: 12/07/2016 12:09:47 PM
Post# of 30066
Posted By: investorxc
Re: Bornet #24236
GC never publicly said he merged DX with Avant because of their clean balance sheet. Of course Gregg Linn made that point in presentations that Avant has a clean balance sheet to attract investor interest. AMBS's shares in Avant aren't confined to paying off the toxics- they are collateralized, but it is up to AMBS how they pay the toxics off. Avant can pay for the uplist from the proceeds of a funding raised by them. They might have had to pay a retainer, so a small part of the million dollar notes AMBS signed with Dominick may be allocated towards that.













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