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Re: tsuguy post# 120644

Saturday, 12/19/2015 7:50:36 PM

Saturday, December 19, 2015 7:50:36 PM

Post# of 130511
I've been on old Gerald boy to buy at least 1 revenue generating asset since the last 1-Bil. AS were approved in August, 2014 -

instead, he went on an ego driven $34-Mil. spending spree to corner the world on being the only blood based assay bio-marker company for AZ & MS, all on credit, and then realized he had no way to pay for them, as they were all still in developmental stages requiring many years and multiples millions of $$$ to bring to market...

subsequently, he placed his shareholders at great peril and is culpable for his reckless actions

if he had gone on this same spending spree with substantive IB backing, it would have been a more prudent move, and would not have caused for the desperate toxic convertibles that decimated his shareholder base for a 98% catastrophic loss of their investment dollars

that said, if AMBS can actually do what you've indicated, this might have a fighting chance for a come back, but it all quite literally depends upon them taking out the toxic convertibles - and as close to Jan. 8th as possible, when their allowed to convert once again...