Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I see, United Waste & Energy is yet a subsidiary, but obviously it is not a operating subsidiary.
"The Issuer currently has one operating subsidiary Collagenna Skin Care Products"
Kirschholz, it's a fraud, as always. I told you that there is also a canadian company which claims to have the distribution rights for CinGx.
http://www.allegianceequity.com/#!distribution-agreement
BrightFuture, could you find out over the weekend, why AMBS already reserved 50 million shares for the repayment of the Dominion note?
If they could pay in common stock at a conversion rate of 0.10 then 22 million would have been enough?
Did you see that your new base has a leak right below?
BrightFuture, then please tell us why AMBS, at the present time, already reserved 50 million shares for the repayment of the note?
If they could pay in common stock at a conversion rate of 0.10 then 22 million would have been enough. Don't you think so?
This is the payment schedule in case AMBS does NOT pay in common stock! If they would have a JV partner with upfront payment by now the would pay it in cash ! Since they dont have the JV yet they will choose the other option! Just as simple as that!
And what does that have to do with the repayment of 2.2 million to Dominion? And what does that say about the conversion rate if AMBS is unable to pay back?
Obviously you do not understand what it's about. AMBS still has to repay $2,200,000 to Dominion.
I didn't refer to the schedule of repayment, it's about the conversion rate when AMBS can not pay back.
Was that so hard to understand?
Look again, it's not from the wrong note. It's from EXHIBIT 10.32
4.18 Default Conversion Price
Upon the occurrence and during the continuation of any Event of Default specified in Article IV, the Holder shall have the right to convert any outstanding principal and interest at a Conversion Price of fifty percent (50%) of the lowest daily VWAP for the prior fifteen (15) day trading period prior to the applicable Conversion date.
http://www.sec.gov/Archives/edgar/data/1424812/000125529413000296/ex10_32.htm
Concerning the $2.2 Millions they fixed the following Default Conversion Price:
Upon the occurrence and during the continuation of any Event of Default specified in Article IV, the Holder shall have the right to convert any outstanding principal and interest at a Conversion Price of fifty percent (50%) of the lowest daily VWAP for the prior fifteen (15) day trading period prior to the applicable Conversion date.
(VWAP: volume-weighted average price)
As you see, the conversion price could be lower or higher than $0.015 per share
From ARTICLE IV. EVENTS OF DEFAULT of the CONVERTIBLE PROMISSORY NOTE between the Borrower Amarantus Bioscience, Inc. and the Holder Dominion Capital LLC issued on 01/28/2013.
Of cousre this has to do with AMBS!
Just to clarify the facts, because i had to read the nonsense that Dominion can only convert at 10 cents.
Thay already have a share reservation of 50,000,000 for Dominion to dilute.
First Payment: $10,000.00+ ($1,000.00) May 14, 2013
Second Payment: $140,000.00 + ($14,000.00) May 20, 2013
Third Payment: $150,000.00 + ($15,000.00) May 30, 2013
Fourth Payment: $150,000.00 + ($15,000.00) June 14, 2013
Fifth Payment: $150,000.00 + ($25,000.00) June 21, 2013
Sixth Payment: $250,000.00 + ($25,000.00) August 1, 2013
Seventh Payment: $250,000.00 + ($25,000.00) August 15, 2013
Eighth Payment: $250,000.00 + ($25,000.00) September 16, 2013
Ninth Payment: $250,000.00 + ($25,000.00) September 30, 2013
Tenth Payment: $200,000.00 + ($20,000.00) October 14, 2013
Eleventh Payment: $200,000.00 + ($20.000.00) October 28, 2013
Total: $2,000,000 + $200,000 $2,200,000
The share reservation with VStock Transfer LLC is to be amended as follows:
An additional 20,000,000 shares are to be immediately added to the current share reservation of 30,000,000 shares for the Convertible Promissory Note dated 11/14/2012.
AMBS has to pay $2.2 millions back to Dominion between May and October 2013. If they fail to pay in cash, Domion will recieve shares at much lower rates than $0.10/share.
As a matter of fact, big dilution is coming.
If the Borrower fails to pay the Default Amount within five (5) business days of written notice that such amount is due and payable, then the Holder shall have the right at any time, so long as the Borrower remains in default (and so long and to the extent that there are sufficient authorized shares), to require the Borrower, upon written notice, to immediately issue, in lieu of the Default Amount, the number of shares of Common Stock of the Borrower equal to the Default Amount divided by the Conversion Price then in effect.
As a matter of fact: They are convicted criminals.
As a matter of fact: They are criminals.
Not oversold, it's huge dilution.
They legally had to issue the 10-K until yesterday.
Now 367 million? Don't know. There were 367 million on March, 22
I seriously doubt that.
AMBS will be a major biotech 2013 !!!
When they finally dilute all of their 1,000,000,000 shares maybe it goes down to 0.01 - and if they finally never get an approval by the FDA then maybe it goes down to 0.001
Look closer. It's stated there at the lower left of that page.
Solantey has already provided the link in his post.
www.onemedplace.com/database/list/cid/13336/
LMFAO: Intelectual property $ 9,500,000
This is still undevalued! I think next time if they spell it correct (Intellectual) it could be worth some millions more.
There was never a doubt.
Peggy, shame on you! Did you learn nothing?
Correct! You have to "load the boat". But then comes the hard part: You have to find someone who buys your garbage. You see, boats are slowly moving vehicles and therefore the term "boat" sounds not really convincing.
Therefore those boats later transform themselfs into "rockets".
It's going nowhere other than 0.0001. TTDZ is on Rule 504 and diluting tons of shares.
http://www.sec.gov/Archives/edgar/data/1309541/000130954112000003/xslFormDX01/primary_doc.xml
Obviously a lie, because 5 weeks ago Minimar informed that the "merger is DONE! Will be Pr". Now they tell that any PR would derail the merger talks.
So please explain, how a done merger could be derailed?
So just more lies of the scammers...
2,888,000,000.00 you call that "very few shares"? What number would you call "many shares"?
http://nvsos.gov/sosentitysearch/CorpDetails.aspx?lx8nvq=zZzlKOV%252b8wt3ZtXKTfLFcA%253d%253d&nt7=0
Prove me wrong, but history shows that your statement is untrue: Exactly the opposite is the case.
I will tell you something man: As long as you are so closed to such a stock, big profits are not far away...
No one has sold, but the stock is oversold. This looks like a joke, and that's exactly what ZMGD actually is: A Joke.
No hope is fading away. Company is aware of what it needs to do. Its all good
How nice of them! It's not just the merger or their merger. No, it's your merger! Give the people what they want and they wil be grateful. But since Minimar lost it's Mojo I doubt that this is the news, which lets ZMGD fly to da moon.
Headnorthw, just to clarify, a couple of months ago you've been in contact with the Chief Executive of ZMGD, Mr Sasa Vasijevic or was it the Chief Executive of Paraform, Mr Ken Olschewske?
CEO has told me repeatedly his company is not selling shares in the market and they're self-substantiated. Hopefully that's still the case. When there're no news for some while, it makes you think and feel insecure. Now, it's up to him to direct the next step. By the way, it's meaningless to sell now anyway as it's too low. Any good updates will drive this a lot higher. He said he target 0.0025 in the short term? Again, whatever that short term is mean. If he said so, he must be very confident with the things the company has experienced lately. Hope so.
Reading tea leaves or crystal ball?
OTC-Market-Update this week!!!!!!!!!!!
Just to clarify, a couple of months ago you've been in contact with the Chief Executive of ZMGD, Mr Sasa Vasijevic or with the Chief Executive of Paraform, Mr Ken Olschewske?
They filed the same offering in July 2010. Then it had been $25,000 "so far" ...and guess what?
Right, the remaining amount of 975,000 was never sold.
Read it again. Not $1,000,000 only $10,000 and the offering expires at the end of this month.