You could be right but here's the glass half full
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Posted On: 05/27/2017 8:13:03 PM
You could be right but here's the glass half full POV. Granted the glass has been totally empty for a long time.
We may have to start thinking the possibilities the deal Will happen in June as planned. Since Amarantus has agreements in place with the majority of the lenders and has worked out of deal to give them a equity stake in ESS.
Since it is obvious from the zero or low volume days the deal must still be in place (i.e. no one dumping), the next logical step might be for the deal to close in June and uplist as planned later this year.
We we really have to start thinking the possibilities that the sp is so low right now that any good news would easily be a double. With great news, it may be a runaway train as the the stock price has been in the toilet because of the toxic funding and the threat of BK. Those two removed, the sp would reach equilibrium pretty quickly. Wouldn't surprise me if we see a dozen basher/flippers showing up a few week from now taking a gamble.
Since the company just announced they have formed two wholly-owned subsidiaries named Elto Pharma, Inc. and MANF Therapeutics for the purpose of creating investment vehicles 5-ish weeks ago, we may have to start thinking the possibilities they didn't do it to go out of business a month or two later. We may further have to start thinking the possibilities there are investors lined up for one or both. Maybe not, but who knows.
http://www.amarantus.com/news/press-releases/...cus-on-cns
What is true is the company has change their game plan and no longer telegraph what is going to happen so it's anybody's guess as whether the plan continues, adjusts or fall apart. I will say this about Mr. Chan Heng Fai that he seems to be a man of his word, has a history of putting his money where is mouth is and the other parts of his plan around this have already been implemented has he said. I suspect we'll see adjustments, but there probably is close to a year's worth a work into this, so the odds of it dissolving at this point are not high.
Everyone in the US have a great Memorial Day weekend and THANK YOU to those in every country around the world, past an present that have served to make the world great and safe place.
We may have to start thinking the possibilities the deal Will happen in June as planned. Since Amarantus has agreements in place with the majority of the lenders and has worked out of deal to give them a equity stake in ESS.
Since it is obvious from the zero or low volume days the deal must still be in place (i.e. no one dumping), the next logical step might be for the deal to close in June and uplist as planned later this year.
We we really have to start thinking the possibilities that the sp is so low right now that any good news would easily be a double. With great news, it may be a runaway train as the the stock price has been in the toilet because of the toxic funding and the threat of BK. Those two removed, the sp would reach equilibrium pretty quickly. Wouldn't surprise me if we see a dozen basher/flippers showing up a few week from now taking a gamble.
Since the company just announced they have formed two wholly-owned subsidiaries named Elto Pharma, Inc. and MANF Therapeutics for the purpose of creating investment vehicles 5-ish weeks ago, we may have to start thinking the possibilities they didn't do it to go out of business a month or two later. We may further have to start thinking the possibilities there are investors lined up for one or both. Maybe not, but who knows.
http://www.amarantus.com/news/press-releases/...cus-on-cns
What is true is the company has change their game plan and no longer telegraph what is going to happen so it's anybody's guess as whether the plan continues, adjusts or fall apart. I will say this about Mr. Chan Heng Fai that he seems to be a man of his word, has a history of putting his money where is mouth is and the other parts of his plan around this have already been implemented has he said. I suspect we'll see adjustments, but there probably is close to a year's worth a work into this, so the odds of it dissolving at this point are not high.
Everyone in the US have a great Memorial Day weekend and THANK YOU to those in every country around the world, past an present that have served to make the world great and safe place.
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