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More info on potential JV candidate
Thanks AlexWV
"With either a short interest covering or social media rumors being a probable cause for the huge surge on Thursday, I did find an interesting article released also on Thursday that may or may not have been a coincidence. Titled "Arrayit's Potential as a Blockbuster Companion Diagnostic," the article was released by Emerging Growth Corporation, an apparent Investor Relations (IR) company with Arrayit Corporation (ARYC.PK) listed as one of its clients. The article touted Arrayit's companion diagnostic test as a possible way to screen Affymax's patients to determine if an allergic reaction could be possible in response to an OMONTYS regimen. The article noted "Companion diagnostic tests are molecular assays that measure levels of proteins, genes or specific mutations in order to provide the right treatment to the right patient. In Affymax's case, companion diagnostics could be used to ensure that the patient being treated was not hypersensitive to Omontys. This would thereby avoid adverse events, while providing the convenience-related benefits compared to Amgen Inc.'s (AMGN) Epogen." Although Arrayit s product line is impressive, at least on the company's website, investors should perform much research on this Pink Sheets listed company with $3.8 million in revenue for 2012 with net income of a loss of $199 thousand. The company's common shares are also illiquid at the moment with an average of less than 24 thousand shares traded daily for this $5.19 million market capitalization company. Although Arrayit could provide a possible means to evaluate the patients experiencing adverse events with regard to OMONTYS and a means to screen future patients, the company should only be considered as a speculative possibility unless more information can be presented by the company. However, such diagnostic tests do exist elsewhere and would likely be a huge part of the OMONTYS investigation moving forward and could help to determine whether OMONTYS was at fault or not, and what the next steps should be in regard to possibly returning the drug to the market"
Very insightful about JV-Thanks ALEXWV
"I would speculate that the announcement tomorrow is a JV between AMBS and ARYC. They generate revenue from microarrays and consumables used with diagnostics. An ovarian cancer diagnostic is about ready for IND. ARYC is also involved with the human genome project. Once the companies merge they can refile the S1 registration for the diagnostics division to raise revenue. Both diagnostics have been incorporated in Nevada recently and both have delayed 10Q's"
Alexwv very interesting theory. What company do you speak of?
All markets are speculation. Nothing new. Tomorrow new speculation will form on filings/PR released pre-market.
CBMC appears to be undercover.
There are already alot of eyes on AMBS. The fact is many are on the sidelines expecting to jump into tomorrow if the news is good. Those who "know what they own" have already loaded, and wait for tomorrow morning.
We will know tomorrow. Expect pre-market gap
Thanks Lewsogge. It appears many are on the side-lines for tomorrows filing. Gerald will finally release what he has been doing and the reason for the delayed filing. Folks, Gerald knows he has to move this out of penny land ie manipulation. Tomorrow will be an insight, and mutable filing/PR pre-market. The table is set expect AM catalyst.
Agreed, Q1 was setting the stage. Fast-forward into the 2nd quarter and the play has started. Tomorrow Act 1 will get under way.
Many will be left behind. If anyone wants advice listen to Solantey. He called the last .04-.05 bottom 3 months ago.
Folks CUSIP is not meant to squeeze short interest. New name new exchange and more systems to monitor executed trades. Those who have doubts will be left behind.
This was a load zone by groups. See you all monday
Fake wall AMBS is about to fly.
AMBS about to break loose
Bid sizes tell the story. Loading zone for the push why would you start a promo on Friday?
Folks OTCMAGIC has 18k followers on twitter.
OTCMAGIC PICKS AMBS NEWSLETTER JUST RELEASED FOR NEXT WEEK. http://www.sbwire.com/press-releases/amarantus-biosciences-inc-otcambs-updates-on-manf-development-236951.htm
AMBS received last of bridge finance. Look for finance deals in near future. Uplist/name change in May is possible.
Item 8.01 Other Events.
As previously disclosed, on January 30, 2013, Amarantus Bioscience Holdings, Inc. (the “Company”) executed an amendment to a Convertible Promissory Note payable to Dominion Capital, LLC (“Dominion”) or its registered assigns (the “Dominion Note”), dated November 14, 2012, providing for an increase in the purchase price for such note from $600,000 to $2,000,000, to be disbursed in tranches through April 26, 2013. The Dominion Note is convertible into shares of the Company’s common stock, subject to certain restrictions, at a price of $0.10 per share. On April 12, 2013, the Company received the final $200,000 tranche from Dominion, such that the Company has received an aggregate of $2,000,000 in gross proceeds in accordance with the terms of the Dominion Note.
Last hour is coming, then 2 trading sessions till the CC.
AMBS continues loading zone huge bids in speculation to next Tuesday's CC.
Another 455k on bid.
Lol. 455k on bid @ .08 Load zone
Loading again another load zone .08
Intra Traders my bid is fat on .08
See you next year, as you just said.
"We intend to give highest priority to those indications where we have a shorter path to market, and where non-dilutive financing is available to support further development"
Yes, the next one would be very nice. I wonder what rabbit Gerald can pull out of his magic hat to propel AMBS, then execute a CUSIP change to AMEX. Hm Hm Hm
Still pushing the FIB ext. @ 50% here. Let the profit takers profit. CC next week will be interesting.
Shake these folks. 2nd loading zone forming.
Someone is forcing PPS into load zone again .08 bid 300k again. Once the load zone is complete look for major bounce on news.
This is done.
Read the 497
Folks, Solantey has been right all along. The financing deals are done and today's 8K is a subliminal message saying don't need the bridge anymore, we are in good financial shape. PPS will sky rocket all next. .1 is a bargain
Folks Gerald is subliminally telling us Amarantus is not broke and a deal is coming. A company bridges their fiances until they are able to strike a more substantial financial event.