I remain invested due to legal ramifications regarding liquidating my position. I've been here since 11/2012, and know full well what I'm talking about with regards to AMBS. I have deep rooted knowledge of this company, its management, history, financiers and even legal representatives. A word to the wise is not provided with bitterness, but with concern and extreme caution for the unsuspecting and novice investor.
"One telling sign is the 3/13 schedule d filing. Who would put up $1.5 million for financing if something wasn't imminent or progressing"?
Paulson Investments was brought in by Spence - not because they are expecting something imminent - but because Paulson Investments makes a 'balanced risk/reward' return (ROI) on their investment - plain and simple. Their investment of $300k (thus far) yields a guaranteed return, wherein your has already lost value. I introduced Gerald to Dickie Vogel of Lincoln Park Capital - and he blew threw that $20-Mil. SEDA like it was water, and was then out the door...
"I think I'll stay awhile... it's 'likely' something is about to happen and there will be new investors coming to the forum."
If by investors you mean penny flippers, day traders, gypsies or vagabonds, then yes - they will always be circling the air, like buzzards over a dead carcass. If you mean real and genuine deep pocketed 'institution investors' (the ones that can move financial mountains for a security in either direction), the same ones that Gerald has spoken about repeatedly with fondness, then no! They will not be partaking in this atrocity, as the pps would have to be above $10/share for them to take legitimate stakes. And why would they do that when their investments would be in a high risk security that needs a huge financial runway, years of development & associated costs, test trials, marketing costs and approval hurdles on "all" its IP?
You too may soon realize that most shareholders here are ghosts of people trying to salvage the wreckage of their past lost dollars. We shareholders haven't only been hurt, we've been lied to repeatedly, faced massive dilution, reverse splits, death spiral financing (to name a few), and as such, have been completely and utterly eviscerated.
If you want a sound chronology of the serial lies from the CEO on this security that you have laid claim to, I suggest you start with CEO Blog #1 and read thru-to-and including Blog #32 as follows:
This does not include fabrications of reality or distorted truths by the CEO in countless PR's, ASM's, awareness campaigns, lectures, fund raisers, etc. etc. etc. that have only contributed to the heinous losses suffered by AMBS shareholders - unless you were an insider, and were shorting outside the box from an off-shore storefront. But that's a bird of a different color and meant for another days walk.
The expression alone on Shelly Crafts face regarding the star-struck CEO is worth a million words - and is simply PRICELESS
AI
