Myself and a couple others here have sniffed out whats going on the past week or so. Mark this post and read my others from the past 10 days, if you care to check my validity. I'm not even so sure a reverse split will happen now and either does GC, but I'll lay out here that a more realistic possibility would be for a buyback of shares once they have the JV announcement and revenue infusion numbers from the venture. Obviously, the 1billion AS vote is to pay the board members and employees who have been working for peanuts and future shares, along with looking good to institutions to get the uplist and funds to i vets in us. I get that and will vote for them to be handsomely compensated for their sacrifices and meet their goals as such.
I fully expect the JV to happen on or a day or two before the vote. Depending on the share price at that time, remember we have lots of news coming LP.002 numbers, phase 2-3 announcements, orphan indications for manf, and the latest data on RP. By the time we get to Sept 22nd GC might have enough money to do a buy back and get us to uplist levels. Thoughts both pro and con welcome.
(0)
(0)
Amarantus Bioscience Holdings (AMBS) Stock Research Links