Amarantus Bioscience Holdings Inc (AMBS)

[Solantey]

It appears that the company's only source of funding that is known at this time is Lincoln Park Capital's obligation for an additional $17.5M.

The original agreement required L.P.C. to purchase shares based on the closing price over a specific number of trading sessions. However I expect the terms of the original agreement will be changed so that the market price will be irrelevant to the price at which the company sells them shares.

In recent months L.P.C. has had several agreements with other companies that were similar to the one it has with Amarantus changed to allow shares to be purchased without regards to the market price. That is their modus operandi.

I expect Gerald will need to raise about $35M in 2015. The current number of shares "in-play" is in the neighborhood of 1.3B which gives Gerald about 700M shares to raise the $35M going forward.

Interesting weeks ahead.