Amarantus Bioscience Holdings Inc (AMBS)

[GoClippers]

You are way, way off my friend.

The $1M is for working capital. And the $1.5M is for taking out the Series H shares. But you would need over $3.5M to take out the existing Series H (i.e., not including the newly issued $1M worth) and Magna and Dominion would still have their convertible debt (which is very sizeable).

This is but a small step on the road to recovery.

If International Infusion is putting up 1.5 million, and a private entity is putting up another 1 million, it is more than enough to cover the cost of the Toxic death spiral financiers. Seeing how they have already converted more or less than half of their debt into shares and sold them on the market, there should be roughly 1-1.5 million left at most.