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Do your own DD BRO,
I've been here for several years, and I've been monitoring the situation at both companies...Also note that I am a LONG...BRO!
Point is, nothing that AMBS had done thus far in the last 5 years has come to fruition...DD That!
If and I do say IF, something happens, it will be a miracle.
Basher I am not, so check your facts.
I am not going to beat around the bush, I believe in the pipeline, I do not believe in GC.
LONG AMBS!
In My Own Personal Opinion Of Course!
Ration of what exactly?
Last I checked, Zero divided by Zero is still Zero?
There will be no payout, there will be no dividends.
AMBS made intentions to offload their Diagnostics division to a mostly private company in hopes to make a little money. AMBS Diagnostics has made Zero dollars in the last X amount of years...
They are only hoping to not put any more money into assets that they originally paid too much for. Hoping to make some money to put into their Pipeline to further ESS and Elto trials. The opportunity to make money is there, not with their Diagnostics "Spinoff"...LOL "Merger"...LOL
SALE...
In My Own Personal Opinion Of Course!
Long AMBS!
Shareholders own AMBS Shares, and GC does what ever he wants when it comes to running the company. As far as the Diagnostics division should the LOI become an actual event, AMBS only owns 45% of the company, so again, Loyal AMBS Shareholders will not get a 1:1 on the payout, or on the shares.
In My Own Personal Opinion Of Course!
Long AMBS!
Pretty sure I've got it...AMBS owns the shares, not AMBS Shareholders.
Do you think they are going to give you or I shares...C'mon, really?
If the Diagnostics division was sold/merged with another company for 80Million shares...those shares will be sold to pay GC's salary, and what ever is left will be utilized to "Further" the pipeline. End Of Story.
I truly believe in the Pipeline, otherwise I wouldn't be long here. I hate to look reality in the face as much as the next guy, but reality is that YOU WILL NOT GET SHARES!
It was not mentioned in any part of the Spinout/Merger.
So, what did I miss again?
The fact that GC has guaranteed himself a salary for the remainder of 2016?
In My Own Personal Opinion Of Course!
Long AMBS!
No part of that 8K mentioned current AMBS holders get any part of those 80 Million shares that are to be issued to AMBS. My guess is that if Roche buys the Diagnostics division, it will only help to further ESS Development and pad the pockets of GC and his board of directors. None of that money or any of the shares from the Diagnostic spinout will come to the Share Holders of Record.
In My Own Personal Opinion Of Course!
Long AMBS!
Anyone can sign a letter of intent... It happens all the time to create a stir, then come back later and say it wasn't a good fit, or the numbers didn't work out, or that either company can bail out at any time for no reason at all, which is what I am guessing will be the case.
I can sign a letter of intent to get married...ie a license, but that document expires after 30-60 days depending on the state you file in.
Point is, a LOI is worthless.
ACTIONS SPEAK LOUDER THAN WORDS!
The LOI may be a front for bigger things to come, or it may be a front to sell more shares, but it looks like it is only paper at this point...nothing tangible!
I honestly don't see how a flagship store can open under a MJ heading in a state such as Texas where MJ isn't even medicinally allowed...let alone recreationally allowed.
In My Own Personal Opinion Of Course!
Love the enthusiasm Skier, but anyone can sign a letter of intent... It happens all the time to create a stir, then come back later and say it wasn't a good fit, or the numbers didn't work out, or that either company can bail out at any time for no reason at all, which is what I am guessing will be the case.
I can sign a letter of intent to get married...ie a license, but that document expires after 30-60 days depending on the state you file in.
Point is, a LOI is worthless.
ACTIONS SPEAK LOUDER THAN WORDS!
The LOI may be a front for bigger things to come, or it may be a front to sell more shares, but it looks like it is only paper at this point...nothing tangible!
It is time for GC to make an announcement that TOXICS are Paid off...how that is done is immaterial at this point. The bleeding here is Profuse, and requires a Tourniquet. Looks like part of the pipeline may be lost, but if it helps to keep the company alive, then that is what GC needs to do.
RSI Decreasing
New 52 Week Lows
Share selloffs
all looks bad!
It is obvious that he is not going to step down with his family owning the Majority of the company's voting rights between GC and his daddy. This company will make it, or go broke on the shoulders of GC....of course while getting his 6 figure salary the entire time.
I am still Long, and still keeping my fingers crossed that something will happen, but performance of GC is terrible!
In My Own Personal Opinion Of Course!
The same Aqua that a couple years back that said anything under a dime was a good investment?
Prior to the reverse split...LOL
Best of luck!
Until they decide to sell an asset and pay off the toxic debt holders, you may see your Nickel!
Sad to see this pipeline circling the drain, but GC needs to do something, because it is getting closer and closer to disappearing!
It depends on how bad the split will be...for example at current rates of $0.15 and they want to get up to 1.00 per share on the PPS.
1000 shares at .15 is worth $150.00
if they try to increase that PPS to 1.00, they would have to do a reverse split of about 7:1
which means for every 7 shares you own, they would be converted into one share.
Your 1000 shares would now only be 143 shares...those 143 shares are now worth $1.05 each
In theory the amount of money you have invested is still the same...the difference is that now the company has far less shares to offer to bill collectors and to sell to the public for profit, so they usually end up going to their board of directors and ask for an increase of authorized shares. Then those shares get issued and are sold back into the market making dilution which causes the price to drop even more.
Currently their issued share count is 158.5 million shares, I don't know what the authorized amount is, because it was not listed in the last Quarterly or Annual report that I read.
Best of luck!
I'm interested in CYTX, but only looking from the outside right now.
Is it truly insider buying, or that they are cashing in on their warrants?
http://ih.advfn.com/p.php?pid=nmona&article=69753389
Love the latest from RGIN 10-K
http://ih.advfn.com/p.php?pid=nmona&article=69992231
Appears that they plan to create another Skin-graft product in 2016 and call it "NovaDerm"...looks like they can unless GC pays another 10Mill for exclusivity...
The FDA gave the support before, and even allowed compassionate use, but then pulled the rug out from under their feet after corruption was being reported. The facts are that ESS works, and had been authorized by the FDA in the past, I am sure with closely guarded and micromanaged supervision, they will allow once again. It looks like the Shriners of Cincy were more interested in helping people than answering FDA questions at the time...something AMBS will have to avoid. I'm sure GC will do all that he can to make this happen...to be able to finally Cash in on someone else's work. Once all the steps are finalized, and the FDA scrutinizes every possible aspect, a new study will commence. My guess is this quarter, but who really knows?
http://www.sec.gov/Archives/edgar/data/1424812/000114420415058546/v421839_ex99-1.htm
In My Own Personal Opinion Of Course!
Long AMBS!
Looking to invest in new companies...found this one on the Break out board, and worth a look. May have a dead cat bounce...
What I did read on the 10Q...amended twice...LOL
Wasn't good...Looks like the only money maker this company had was just sold. Probably why millions of shares are being dumped.
I have no position here, and won't take one. Best of luck everyone, don't worry, I won't stick around and bash your stock. Just wanted to point out what I read while looking for places to invest.
Amazing how Sandy Frost posts links to her articles trying to get people to go read her garbage reporting. Nothing to do with ESS actually working, or whether or not Grants were given to support the research. Instead she wants you to know that she spent years trying to uncover a "Smoking Gun" pointing to someone committing fraud. I guess if you spend 12 years looking for someone to make a mistake, you will eventually find one. Great Reporting Sandy...you discovered corrupt officials in high places. You discovered that Politicians are corrupt...they bought into ESS because they too know it works, and can make millions. Funny that none of your reporting uncovered the fact that ESS is a great product...instead you uncovered how greedy people are.
I would not recommend clicking on the links she provided...they serve no purpose other than to boost her "Viewed Numbers". Maybe she gets paid by number of views and needs to make her rent...Good Luck and hope you find something more of substance than to blame Officials and Fraud for ESS Trials ending...Something we already knew. ESS Works, and will be successful, unlike Investigative reporters whom spend 12 years on one subject only to uncover what was already known.
In My Own Personal Opinion Of Course!
Long AMBS!
Doc,
Any updates? You usually enlighten the rest of the board on developments or ongoing dealings. After all the trips GC had been taking overseas, and the hype surrounding the JPM conference, should we expect some news soon? Looks to be either the Big Pockets were not interested, or GC has not raised enough cash to buy out the Toxics at this point. Seeing how may be closer to the source than many, thought you could enlighten us with as much as you can share.
Many Thanks,
Long AMBS!
I'm curious, the PPS has gone from .25 to .11 over the past couple weeks, why would someone want to buy at this point?
Not bashing, this is my first time looking at this stock since I found it on the Break out board. Curious why a 1.1 split with no business updates or products currently at market?
Thanks in advance.
Look at the bright side, your not seeing 40K share dumps today...
I would buy again at .25, but I am going to hold off to see if I buy anymore above that. I am guessing that something is brewing...but what it is will be the question. I am still averaging down and hoping for the best. More than quadrupled my position just to get below $1.50 So, I would still need a 4 bagger at this point to break even. Which could quite easily happen should the right news be released!
Best of Luck! I know I need it too!
Longs have been waiting for quite a while.
In My Own Personal Opinion Of Course!
Long AMBS!
Wonder when the FDA will let us know if an ODD was granted for Eltoprazine for PD-LID?
Latest rumor is the remainder of the AFIRM Grant?
Hope that will be the case since it will be the first non-dilutive financing that AMBS will have ever received. Won't take out the Toxics, but will at least further the ESS Pipeline to the next level.
With a DX Spinoff with financing announced, and more Grant money, things could start to look up a little.
Here's to hoping...LOL
In My Own Personal Opinion Of Course!
Long AMBS!
Someone knows something...probably the Toxics not wanting to be bought out and trying to make every last penny they can before the new deal takes them out?
Maybe selling off the shares they bought at lower levels and not allowed to purchase any more shares?
Maybe no deal at all, and the hold has been withdrawn?
GC Knows...wonder when he will tell us?
In My Own Personal Opinion Of Course!
Long AMBS!
Now, it is looking like the Toxics didn't want to wait until Monday. Not many people hold those kinds of share counts.
Hope GC comes out with a Great refinance package along with the DX Spinoff! Otherwise, it will be a huge write off next December!
In My Own Personal Opinion Of Course!
Long AMBS!
20 Million shares are really not that many. As soon as something positive happens over the next couple days, look for the SP to more than double in a day. At this SP, and only 20 Million shares, positive news will make this thing take off like a rocket. Many investors with deep pockets are watching from the sidelines...waiting for something to happen. I personally know someone who is willing to drop $250K as soon as he hears substantial news. That's about 1/2 a million shares at these prices. Won't take many of those to make it balloon up.
Best of luck!
In My Own Personal Opinion Of Course!
Long AMBS!
Closed in the Green...Barely, but Green None-The-Less.
Hope SeeThruEquity can see something that many of us don't believe...
Maybe MANF could be the Rabbit this Monday at the conference?
Maybe WallachBeth Capital will come through with something?
http://ir.amarantus.com/press-releases/detail/2034/amarantus-retains-wallachbeth-capital-to-evaluate-strategic
With Orphan Drug Designations for MANF in Retinal Artery Occlusion and Retinitis Pigmentosa, I'm sure someone wants to get a piece of the action...Maybe GC is finally willing to ask for help from one of the big Pharma Companies...
Lots of nervousness going into this weekend...
Toxics were asked to hold off till the 8th, but we all know they are not legitimate businessmen...they are trying to make a profit. The last load of shares they bought were probably in the low.30's...selling now would give them a huge profit, so why not?
Especially with the discount they were granted.
Then again, GC may have asked for waiting till the 8th to allow the SP to rise enough to get support from the general public before they convert the remainder of their debt into shares. Either way, it looks ugly!
Hope he pulls a rabbit out of his hat this time!
In My Own Personal Opinion Of Course!
Long AMBS!
ESS Update?
Wonder when we will get an update on the progress of the ESS CRADA?
Accelerate Diagnostics will be presenting at the JP Morgan conference as well, and they are a diagnostics company that also uses phenotypic detection technologies, just as AMBS does?
Anything is possible...I won't hold my breath, but I am keeping my fingers crossed!
In My Own Personal Opinion Of Course!
Long AMBS!
I agree JP, not much of a bright side here, but I still have hope none-the-less. Not trying to pump by any means, but having family members who have suffered from ALZ, and Dementia before passing away, I am trying to be as optimistic as possible.
Hopefully someone at the JP Morgan conference will make that announcement of partnering with AMBS.
http://finance.yahoo.com/news/four-companies-involved-diagnosis-treatment-170500042.html
Most of the selling right now is probably those who bought in the .20's...the Toxics will make money at what ever lever the stock is at. The ones who bought in the .20's are trying to salvage what they can so they don't get stuck like the longs who bought huge pieces before the R/S.
In My Own Personal Opinion Of Course!
Long AMBS!
I don't remember the exact wording either, but do agree about the timing issue. I think they were asked to wait till after the 8th, which would be the next trading day of the 11th. Any ideas what time GC is supposed to present? Hopefully near market open to avoid too much dumping from the Toxics.
From the most recent Series H shares being offered, it looks like the Company is expecting share price to rise to somewhere between 2.00 and 2.50 from the wording. Lets just hope this rings true for all of us.
In My Own Personal Opinion Of Course!
Long AMBS!
$AMBS$ Why post new lows predicted, and then post Dollar Signs with the Stock ticker? Is that subliminal messaging that you know it is moving up? Seems kind of funny that it has been creeping up steadily over the past two weeks, and has more than tripled since the lowest point.
I know that you are skewed in your perception of this stock, but trying to buy cheapies is over...if you haven't bought in at this point, you are playing catch up...slap the ask, and continue to watch it move up.
big things are planned, and have been promised...I know they have been promised in the past as well, but it looks like the JP Morgan Conference may be a huge even after all. I have been in this for a few years now, and have more than quadrupled my position from the start...still averaging down from where I bought in. Best of luck, what ever your intentions are...but from my perspective, your wasting time warning others.
Either buy, sell, or move on.
In My Own Personal Opinion Of Course!
Long AMBS!
Have to question what the 8th is all about myself...
Not sure how, or even if GC was able to keep the off shore accounts to keep from selling off until then, but one can be hopeful right? So far the PPS has been stabilizing in the low 60's high 50's for now, which is good.
as for the Toxic Converts, no one really knows how much money is left on those debts to convert into shares...if they have several hundred thousands left, it could hurt the SP pretty badly, if it is only a few thousand to a hundred thousand, it might not be that bad...See, they can convert as much debt at a time as they desire into discounted shares. Can take off $50K, $100K, or more and convert into shares...at a PPS of .60, they would get their shares at .48 then sell them at the .60 rate, all the way down to the .48 rate which gives them their initial investment back plus a small profit off of each convert they do...then when the SP hits .48, they can buy more at a discount of .36, and can sell all the way down to that SP. It is unscrupulous business practices that GC has bought into, but for now, it appears the sell off has stopped... Hopefully till well after the 8th.
As for the newest Off Shore Share Holders, it appears that they already cashed in their Debt into shares and now own 10% of the outstanding share count. So as others have said, they must see something in the writing that others do not, or maybe others see it as well, and that is why they are not selling.
GG has asked for the 8th to be pivotal, which can mean many things...Maybe the new JV/DX Spinoff can't be announced till after the first of the year? Maybe the Chinese deal can't be announced till after the first of the year? Maybe the ESS Trial can't start till after the first of the year? Maybe any kind of deals can't be made till after the first of the year due to Tax Laws taking affect in January? Any way you look at it, the following Monday, January 11th should be very exciting when the market opens...anyone know what time GC is presenting at the JP Morgan Conference that day?
In My Own Personal Opinion Of Course!
Long AMBS!
May I suggest staying out of the Pink sheets...Every company here requires share holders to bear the bulk of the funding until they can produce cash on their own. That's why they start off here and try to move to the "Big Boy" exchanges.
Just like AMBS plans to do in the future...not sure of the setbacks yet, but I am sure the company is not happy about where the PPS is at right now either. If you want a company that is already producing cash, then I would suggest you look towards the NYSE, or NASDAQ.
GC although not the best businessman, I am sure is trying to get us out of this hole that he as put us in. What son ever wants to let down his father...let alone his father's life work on Gene Therapies. Give it a chance, it appears that he may be learning from his mistakes. If a deal is reached with Overseas investors, it will be announced at the JP Morgan conference, and the PPS will take off like a rocket. Looking for 10-15X increase right off the bat. Just look at the mild spike in a day last week...with true verifiable deals, and only 15M shares outstanding, You will be quite surprised. Not many companies out there can brag about such a pipeline of products and have such a small O/S amount. ESS starting Phase III will be huge...DX Spinoff will be huge...FDA Approval of ESS for PD LID will be huge...any number of grants or financing deals will be huge...
Best of luck no matter what you decide.
I can tell you as a long, I have been averaging down, and steadily accumulating. I believe in the science, and believe that a break is coming soon.
In My Own Personal Opinion Of Course!
Long AMBS!
Great Point Ragnarock...
The company does have additional shares that "Can be issued over time". Just as any company does...they have additional authorized shares that they can issue should they need to. AMBS must be on the same track as other companies who are publicly owned?
Authorized shares are not affecting the PPS right now...And come January 11th, they may not matter so much anyway. Time will tell, bashing at this point does nothing but confuse people. Wait till after the JP Morgan conference then make your point.
Comments about the DX Spinoff are intriguing, but still a little disparaging at the same time. I really do like the idea of having a separate money producing diagnostics division but at what costs? GC Mentions "Looking at other diagnostic companies that are already revenue producing and have complimentary technologies" So, is the idea to "Pair up" with another diagnostics company, or is it to again go at it alone? Maybe we could get an endorsement from the companies that are already using our diagnostics products and possibly move the SP by stating that the free handouts that AMBS provided are actually helping their trials succeed. Any way we look at it, I don't expect it to be announced at the JP Morgan Conference on January 11th.
Instead, the closest alligator to the boat is still ESS, which he stated will be entering trials with US Army during the first Quarter of 2016. With only a 24 month path to commercialization and over a 500 Million dollar market, makes more sense to announce start of trials at the US Army Burn Center in San Antonio, and a blessing from the FDA for a fast tracked approval pathway...This is the place where all the wounded warriors return once they have combat related wounds that require specialized burn treatments. With the mortality rate of those severely burned being so low, I wouldn't imagine it being a hard sell to get the FDA to support...along with many other Big Named Pharmaceutical companies!
Hopefully the announcements will be strong enough to keep the relentless death spiral financers at bay, and allow true share value to increase. How GC was able to convince them to hold off till January 8th, is impressive...just hope the conference on the 11th is truly earth shattering, or it may just get bloody here again.
Best of Luck to Everyone, and Happy Holidays!
In My Own personal Opinion Of Course!
Long AMBS!
Skier,
I see that you are a long time member, but with very few posts. looking in from the sidelines is always a good idea. Some of us have been here on the AMBS board for quite a while, some longer than others. But if you were monitoring the conversations from 3 plus years back, you would know who DocStock is. I recommend clicking on his ID, and look at previous posts....say about 97983 for example. See, others have challenged his authenticity in the past as well, and he clarified his position. He is vested quite heavily in AMBS, and probably does get more information correct than about 95% of the posters on this board.
My recommendation is listen to what he has to say...question it if you will, but at least think about it before you start complaining or bashing other posters who defend him.
AMBS has been brewing for a long time, and there are a couple milestones that need to be met to make significant share price increases. One is the DX Spin off....granted it has been talked about for quite a while now, it appears that the end of 2015/beginning of 2016 will be huge. Huge in the fact that a turn around is happening, or huge in the fact that if something significant isn't produced for the JP Morgan conference, this stock will plummet...either way, a Huge event.
Good Luck to you!
In My Own Personal Opinion Of Course!
Long AMBS,
Certainly appreciate your enthusiasm,
and hopefully very big things do come from this company.
Unfortunately, many of the longs have been severely burnt in this process because they believed whole heartedly in GC's over promising and under delivering. And now, many are and have every right to be Jaded! Paying for GC and company to take trips all over the world and have shares split by 150/1, then take another 90% loss since the split.
Sure, there is great science involved, but the problem is that it is still several hundred million dollars away from the necessary Research and Development processes necessary to get the pipeline to market. So, GC does what is necessary...stop everything but ESS. Then goes dark, providing no updates what so ever! Months and years ago, he gave inclinations that BIG PHARMA was interested in buying out AMBS, or at least partnering with AMBS, and that he was waiting for the best possible deal for he shareholders...that we were going to up-list from a position of strength...(THIS YEAR)...and that a reverse split would never happen at the levels we were at.
Lots and lots of overpromising!
So, sure, it all sounds good, but until something actually happens, it is hard to believe any PR that may be put out. Actions speak way louder than words...especially the empty promises of GC.
Best of Luck!
In My Own Personal Opinion Of Course!
Long AMBS!
Yes, I am one of the ones burnt and am down several thousands of dollars for believing in GC and believing in a small biotech company with the best interests of the Alzheimer's community at heart!
It sure would be nice if GC and Company would jump into this lawsuit and make it into a class action suit. Maybe even get an injunction to stop the selling temporarily. Allow the stock to stabilize and possibly gain the interest of retail investors if they see that GC does in fact care about the destruction of his father's dreams.
In My Own Personal Opinion Of Course!
Long AMBS!
Sorry, no...just the increase.
But at this point, it looks inevitable.
What choice do we have but to approve it?
Maybe GC and company are worried about a take over as well...maybe the toxic financiers that they had been borrowing from. I am sure that something has them scared...why else would we need such a drastic increase after he first increase from 7 to 35 Million? I know business is costly, but soon, we will be right back to the levels we were at prior to the R/S.
It really sucks to have been a part of this for so long and to see no tangible results other than a few Orphan Drug Designations and a few patents. None of which are producing revenue for the company or rewarding shareholders for their continued support.
I really do hope the JPM conference yields some light on what GC and Company's plans are.
I haven't bought a single share since the reverse split, and as long as I keep watching the accum/dist dropping, I wont!
Hopefully the bottom comes in soon!
Long AMBS!
In My Own Personal Opinion Of Course!
AMBS...A hostile take over?
One can only hope at this point.
Unfortunately, if anyone buying shares at this point wouldn't be able to affect the split that is impending on December 7th, but with only a fraction of what GC paid for all the assets, one could possibly buy a controlling majority of this company?
If they have more than half of the outstanding shares, couldn't they in fact dictate someone or everyone step down from the BOD...you know, kind of clean house and start over?
Just a thought...
With assets worth a combined...$100 Million plus...
only 10 million outstanding shares worth .038...LOL
I really wish a big Pharma would take over the entire company and make it into something!
My $15K aside, I do believe the science is good, only need proper leadership and financing to make it happen...not the dog and pony show GC has been running.
Long AMBS!
In My Own Personal Opinion Of Course!