Another possibility suddenly dawned on me- they ma
Post# of 30028
Posted On: 10/08/2016 6:30:54 PM
Another possibility suddenly dawned on me- they may be doing a merger with the partner. I checked reverse splits/mergers and came up with a couple right away:
http://www.streetinsider.com/Corporate+News/S...54700.html
https://www.duke-energy.com/investors/individ...uments.asp
Reverse splits are definitely not uncommon in mergers and this is the one scenario that makes the most sense to me. Fred kept reiterating on 2 calls I made to him that everything would be done at once- an uplist, a reverse split and funding. How in the world would AMBS do an uplist? - they cant even file a 10-Q. A merger with a Nasdaq company would accomplish this - it would explain a lot of things. As far as AMBS shareholders, our upside might be greatly reduced, but it could save the company.
http://www.streetinsider.com/Corporate+News/S...54700.html
https://www.duke-energy.com/investors/individ...uments.asp
Reverse splits are definitely not uncommon in mergers and this is the one scenario that makes the most sense to me. Fred kept reiterating on 2 calls I made to him that everything would be done at once- an uplist, a reverse split and funding. How in the world would AMBS do an uplist? - they cant even file a 10-Q. A merger with a Nasdaq company would accomplish this - it would explain a lot of things. As far as AMBS shareholders, our upside might be greatly reduced, but it could save the company.
(5)
(0)Amarantus Bioscience Holdings (AMBS) Stock Research Links
Scroll down for more posts ▼