Amarantus scenario: •Amarantus has approximatel

Amarantus scenario:
•Amarantus has approximately 750 million shares (fully diluted) and 2 billion shares authorized (assuming shareholder approval of the increase in authorized shares from 1 billion to 2 billion);
•The Company’s Board elects to reduce the number of outstanding shares to 37.5 million (1:20) and reduce the number of authorized shares to 100 million (1:20) – under the laws of the State of Nevada, Amarantus’ Board of Directors can only implement a proportional reduction in the outstanding shares and authorized shares without a shareholder vote;
•The new cap structure is 37.5M shares outstanding and 100M authorized.

In this situation, the Company has maintained our shareholder’s percentage ownership at 37.5% of what they originally had, and no potential additional dilution is created. The fundamendal value of our shareholders’ equity is maintain, and in the Amarantus scenario the shares are now listed on a national exchange.