SEC adapted rules allowing public companies to use Reg A on Dec 19, 2018. We know that Amarantus has filed the Reg A on September 27, 2019. It typically takes less than 90 days for the SEC to qualify Reg A offering. Based on the above timeline, we should expect to hear news any time. Once approved, AMBS will have 180 days (may extend by another 90 days) to market and raise money through the offering. I assume that AMBS has the marketing strategy ready to go and are waiting for the SEC approval.
G mentioned that current SH should view the above as opportunity (to buy) because AMBS is way undervalued. Anyone here in a buying mood?
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