Amarantus Bioscience Holdings Inc (AMBS)

[LiquidMoneyMan]

GREAT COMPANY FINANCIALS BELOW


The news that Mr. Donald D. Huffman will be joining the Board of Directors of AMBS and will be heading the audit committee, a job he is more than capable of carrying out judging by his resume, led the company stock to a 16% gain before the weekend.


The fact that he was quoted saying that the company is preparing to be listed on a national exchange in the coming months sounds appealing, however, will it be able to meet certain criteria. Surely, if it starts generating some revenues it will be a good sign. Below you can see the numbers from Q1 of this year.


cash: $3.7 million
current assets: $4.5 million
total assets: $5.8 million