Amarantus Bioscience Holdings Inc (AMBS)

[Riskreturn168]

Lincoln Park and any other Institution AMBS is dealing with, like MJFF and JPMorgan, that we are hoping will invest in us...they are going to look at this late filing not as a bad thing, but as a good thing. (Once they understand the reason behind it) They all know that AMBS was a struggling young bio-med penny stock with an inexperienced CFO, Mark Faerber. If he has messed up their accounting, these institutions are not going to be upset at this, they are going to be encouraged that AMBS is upgrading to a better CFO and Accounting Firm that are requiring higher accounting standards! I really think that is how they will look at it. AMBS is not trying to misrepresent or hide anything, which would be terrible. They are trying to fix sloppy accounting. I mean a few months ago, Gerald and Mark Faerber were AMBS' only employees, for heaven's sake! These institutions are not going to back out on supporting us over these accounting measures. Our science is still on track! Lincoln has everything to gain by staying with us now.

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