Investors Hangout Stock Message Boards Logo
  • Mailbox
  • Favorites
  • Boards
    • The Hangout
    • NASDAQ
    • NYSE
    • OTC Markets
    • All Boards
  • Whats Hot!
    • Recent Activity
    • Most Viewed Boards
    • Most Viewed Posts
    • Most Posted
    • Most Followed
    • Top Boards
    • Newest Boards
    • Newest Members
  • Blog
    • Recent Blog Posts
    • Recently Updated
    • News
    • Stocks
    • Crypto
    • Investing
    • Business
    • Markets
    • Economy
    • Real Estate
    • Personal Finance
  • Market Movers
  • Interactive Charts
  • Login - Join Now FREE!
  1. Home ›
  2. Stock Message Boards ›
  3. Stock Boards ›
  4. Amarantus Bioscience Holdings (AMBS) Message Board

I spoke to Fred today. He said they are in a "tou

Message Board Public Reply | Private Reply | Keep | Replies (2)                   Post New Msg
Edit Msg () | Previous | Next


Post# of 30067
Posted On: 10/13/2016 8:05:33 PM
Posted By: investorxc
I spoke to Fred today. He said they are in a "tough situation" He sounded much more negative than a few weeks ago- he was pretty positive when I spoke to him last. He said the 5 cent floor was a "gentleman's agreement". He said someone started selling. Obviously if one person is selling than the others have to too to protect their interest. I'm guessing they were in the process of getting it in writing since the board agreed to it but didn't get it done for whatever reason before this guy started selling. He said they are not even thinking about the RS at this point- all attention is trying to get funding to start ESS. The partner is still there but the partner has to take care of a couple things first before they can commit- not sure what that could be. He said they were still talking to a source for funding.

If they do a huge RS, it would help the noteholders, but AMBS still wouldn't have any money to fund ESS. If they could get some funds from somewhere to start the trial and get thru even just 6-9 months, they might be able to have some initial data. With positive data, everything changes. Nobody is going loan them money with Magna in the way. Maybe the noteholders would change their terms -even temporarily for another year if they gave them some ownership in ESS in return. If Magna plays hardball and won't negotiate, I think it would be better for the shareholders if GC filed BK than do another RS. If there is another RS, the shareholders will be wiped out. In a BK, I don't believe Magna could convert and their funds would be tied up in court for a long time. AMBS' assets would be sold and the shareholders would almost certainly get something. I think that may be the only leverage GC has at this point. I can't believe for how valuable ESS is, that he can't put together some kind of deal by giving up some ownership to the lenders to make it all work. The Godsend would be an AFIRM grant- Fred didn't seem to know anything about it or unwilling to disclose anything. I can' t believe the Dept. of Defense would sit by and see ESS go down the drain again. This is chump change for them.



(5)
(0)




Amarantus Bioscience Holdings (AMBS) Stock Research Links


  1.  
  2.  


  3.  
  4.  
  5.  






Investors Hangout

Home

Mailbox

Message Boards

Favorites

Whats Hot

Blog

Settings

Privacy Policy

Terms and Conditions

Disclaimer

Contact Us

Whats Hot

Recent Activity

Most Viewed Boards

Most Viewed Posts

Most Posted Boards

Most Followed

Top Boards

Newest Boards

Newest Members

Investors Hangout Message Boards

Welcome To Investors Hangout

Stock Message Boards

American Stock Exchange (AMEX)

NASDAQ Stock Exchange (NASDAQ)

New York Stock Exchange (NYSE)

Penny Stocks - (OTC)

User Boards

The Hangout

Private

Global Markets

Australian Securities Exchange (ASX)

Euronext Amsterdam (AMS)

Euronext Brussels (BRU)

Euronext Lisbon (LIS)

Euronext Paris (PAR)

Foreign Exchange (FOREX)

Hong Kong Stock Exchange (HKEX)

London Stock Exchange (LSE)

Milan Stock Exchange (MLSE)

New Zealand Exchange (NZX)

Singapore Stock Exchange (SGX)

Toronto Stock Exchange (TSX)

Contact Investors Hangout

Email Us

Follow Investors Hangout

Twitter

YouTube

Facebook

Market Data powered by QuoteMedia. Copyright © 2025. Data delayed 15 minutes unless otherwise indicated (view delay times for all exchanges).
Analyst Ratings & Earnings by Zacks. RT=Real-Time, EOD=End of Day, PD=Previous Day. Terms of Use.

© 2025 Copyright Investors Hangout, LLC All Rights Reserved.

Privacy Policy |Do Not Sell My Information | Terms & Conditions | Disclaimer | Help | Contact Us