2) In the summer of 2013 AMBS experienced a "DTC C
Post# of 30066
Posted On: 09/13/2014 8:08:49 PM
Re: Daveludlow #6252
Quote:Not true. Those with accounts in TD Ameritrade could not buy shares. Everyone else appeared to have no difficulty. During the freeze, I assisted my brother-in-law in buying several hundred thousand shares of AMBS through his Fidelity account.
2) In the summer of 2013 AMBS experienced a "DTC Chill" where no one could buy our shares for a couple of months! That destroyed our financial credibility!
The DTC chill affected the company's ability to raise capital for 3.5 months until they got the issue with the transfer agent resolved. It didn't affect anyone's ability to purchase shares. It only affected the company's ability to issue more shares to raise capital. If it had destroyed our financial credibility as you claim, then how was the LPC funding deal established? That was on far better terms than any previous funding in the history of the company. It was good enough to satisfy JP's dilution concerns, and that's saying a lot. LOL Best to you, JP, as always.
Quote:Yes, we do, and as for me I am very pleased with the 153% return on my investment over the last 21 months, as of the 10.5 cent closing price on Friday. Regardless of whether I believe the company is as far along as I'd hoped, I have to keep realistic expectations and be happy with the phenomenal investment return I've enjoyed so far. Most of the unrealistic expectations are not Gerald's fault, but the fault of those posting on message boards who enjoy connecting the dots to prove their investment savvy to others. Such speculation is fine as long as expectations don't become wrapped up in those speculations. That seems to be the major problem here, not management's performance.
Shareholders have every right to hold management accountable for it's performance.
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