As of September 30, 2015 Avant had 95,944,743 outs
Post# of 30027
Add 80m plus 10m for milestones for Amarantus
Add 25m for THI.
Equals about 211m
Even if they added say 60m for funding, etc. that would still give AMBS a 1/3 stake with assets on the book and a revenue generating company.