Progress being made.... my 2 cents: Now that th
Post# of 30028
Now that the tender exchange is completed, the company has made a big turning point imo.
We now have a clear path to raise money through the JOBS ACT, now that the toxics are dealth with.
I believe we are all here invested for the promising pipeline of Amarantus (Elto, ESS and MANF). We all see the value or we wouldn't be here.
They can raise money now with a max of $50 million (could be $75 million now) with the Reg A+ (for each subsidiary!!)
The question for me is, when will they start raising the money for the Elto subsidiary? I know its going to be this year as we all know from the recents PR's.
It could be anytime now or it could take a couple more months but it will come.
It could also be that they want new management in place for Elto before the raise. Good to hear that process is already underway.
Now to the valuation point of the company.
We are still extremely undervalued (pretty much bankruptcy levels).
As you can see by the recent post of Redspeed with the valuation slide, you can see what the potential is for our company compared to peer companies.
When funding is announced, if its 10 million, 20 or 50.... you can well guess what that will do to our pps
Not to mention what ESS and MANF will bring in when they start with those subsidiaries.
I am very excited again and feel really comfortable with my shares.
I also noticed new investors coming into AMBS, welcome everyone!
I won't be posting much because i'm busy around the house but i would like to wish everyone good luck with their investments and know that i appreciate all the DD being shared on the boards.
We longs are finally heading into the right direction!
GL!
Jamie