Important point to note is that Gerald is not a biotech or
Important point to note is that Gerald is not a biotech or medical guy by training or that he builds up his credentials or industry network through many years of education and then career in medicine or bio-science, which makes it interesting that he is now sitting on the committees.
With this point in mind, there are many possible reasons. Some of them could be:
1. Gerald is elected based on his merit (but see point above)
2. Gerald's father recommended him to be elected as some of the committee members are John's friends in the industry (but was John himself elected before?)
3. Gerald was recommended by some influential BOA/BOD members to sit on the committees (but for what reason?)
4. Gerald 'paid' for a seat on the committees (but would it be more 'beneficial' to the committees to have more influential people on board?)
5. Some parties have something to gain from Gerald's closer presence to them, e.g. in getting more favourable partnership opportunities or terms with AMBS
6. Some parties 'trade' with Gerald to have win-win situation from business perspective.
For any seasoned or mature player, be it businessman or professional, network is always one of the most critical success factors.
Without doubt, today's news is very good news.
Amarantus Bioscience Holdings (AMBS) Stock Research Links
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