Amarantus Bioscience Holdings Inc (AMBS)

[GS1]

I think. that stocks like this I would wait for significant events to occur and buy on the upside rather than survive 1:150 R/S. The downside of it is you have to pay 50-100% premium to buy it but potential upside could be 300-500%.

If company books don't change there would not be significant buyers and in OTC there will not be many buyers of $4 stock if company has debt and no revenues.

When R/S happens there will be notes conversion that will bring down PPS drastically. Look at what happened to ECIG, it opened up post split at $2 and went down to 30 cents in two weeks. i.e nearly 600% downside.

The question becomes whether would buy at these levels. Well company is plan on uplisting to NASDAQ and they have to maintain bid price atleast $2 per share. So If you buy at say 30 cents per share it has to go another split to bring pps back to $2 level or above..

So many things to consider at this point. That is why I think it is better to wait and watch when significant events unfold i.e diagnostic sales, debt refinancing, large cash infusion etc..