Friday, September 12, 2014 9:57:14 AM
The additional one billion shares will not be well received by the market especially since it appears the planned up-listing won't happen until 1H2015 if then.
Almost everyone who bought and held over the last three months is now at a loss. With so many shares entering the float any increase in the share price due to positive news will not have the same impact that it had three months ago.
Lincoln Park Capital can buy shares as low as four cents so if the share price moves lower any purchase by LPC will involve substantially more shares and additional dilution.
Best of luck to all the $AMBS shareholders. I hope you make a lot of money.
Green Leaf Innovations, Inc. Engages Olayinka Oyebola & Co for Two-Year Audit • GRLF • May 28, 2024 8:30 AM
HealthLynked Introduces AI-Powered Chat Function to Enhance Healthcare Accessibility • HLYK • May 28, 2024 8:00 AM
Avant Technologies Engages Wired4Tech to Evaluate the Performance of Next Generation AI Server Technology • AVAI • May 23, 2024 8:00 AM
Branded Legacy, Inc. Unveils Collaboration with Celebrity Tattoo Artist Kat Tat for New Tattoo Aftercare Product • BLEG • May 22, 2024 8:30 AM
"Defo's Morning Briefing" Set to Debut for "GreenliteTV" • GRNL • May 21, 2024 2:28 PM
North Bay Resources Announces 50/50 JV at Fran Gold Project, British Columbia; Initiates NI 43-101 Resources Estimate and Bulk Sample • NBRI • May 21, 2024 9:07 AM