Remember this: The purchase price to be paid by A
Post# of 30025
The purchase price to be paid by Amarantus consists of $3.5 million in cash, and $3.0 million in (value of) Amarantus common stock. The cash payments were set to be made as follows: $500,000 at the closing, $250,000 on December 31, 2014 and $2,750,000 on January 31, 2015. The $3.0 million in Amarantus common stock was satisfied by the issuance to Regenicin of 37.5 million shares of Amarantus common stock. These shares will be restricted for six months.