This was the first tranche. Technically, we only
Post# of 30028
13. Offering and Sales Amounts
Total Offering Amount $1,500,000 USD
Total Amount Sold $300,000 USD
Total Remaining to be Sold $1,200,000 USD
Quote:
[AMBS] .... today announced that it has entered into definitive agreements to raise up to $1.5 million in funding from an institutional investor in up to 5 tranches of $300,000 each.
"Up to $1.5 million." This bothered me. Just give us the $1.5 million already.
And if I had to bet, I would think almost all of the $300K went straight to Sheppard Mullin. They haven't been paid in forever and we desperately need our lawyers to accomplish any of the stated plans.