Amarantus Bioscience Holdings Inc (AMBS)

[JJAAMMAANN]

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!