I read an email Gerald sent to JP back in late September
I read an email Gerald sent to JP back in late September 2014 plainly telling him that as soon as we got the LP002 LymPro data something more "concrete" could be done regarding the partnership. That came and went and nothing "concrete" happened to increase shareholder value.
JP has lost confidence in what Gerald says. Gerald told us all in the Fall of 2014 that we were "on target to up list by year end" and at a much higher stock price! I have not seen the catalysts released that could have done what Gerald forecast would happen. Thus the credibility problem.
I too am disappointed but am hoping that things got delayed and that in the next couple of months catalysts will propel us above .20 cents or more and we can be on our way. To not expect that to happen would be an acknowledgement that you don't place any credence at all in what Gerald has been telling us would happen in the short term.
I don't believe he is a down right liar. I believe he is a smart young man trying to bring about a miracle with a small biotech company. I am willing to overlook some of his "exaggerations" understanding he's been trying to the best he can.
But at some point, we can't do all that AMBS is tying to do on dilution alone. That hurts many shareholders that can't just sit on this for 5 to 10 years. Some of us longs need to see the kind of stock price increases Gerald has been telling us would have happened by now.
I still believe in AMBS, but am weary. I believe JP is in the same boat. We talk maybe once a week by phone. He tells me he still has over 1.8 million shares. He gets mad, I get mad, but in the end we still hold on. That's the truth.
Amarantus Bioscience Holdings (AMBS) Stock Research Links
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