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Re: coffeethecat post# 1575

Saturday, 10/10/2009 1:54:00 PM

Saturday, October 10, 2009 1:54:00 PM

Post# of 2574
GO ABTG! but please lets keep it real...The share structure is hurt , the tech is awesome , the future is super bright , ABTG WILL be HUGE , but they have had to sell out the capital structure to get us to this point, they WILL get it fixed, it WILL ALL come together > long and strong ABTG , play the dips , buy the pullbacks , create a core position , sell some into spikes to hedge against loss , but hold a core , I believe long term ALL ABTG investors WILL make good money if they play the stock correctly.... IMO

But please be real the share structure needs some work:
At $1.00 per share it is almost $2billion market cap fully dilluted....

RISKS CONCERNING OUR CAPITAL STRUCTURE

VICIS CAPITAL MASTER FUND OWNS A MAJORITY OF AMBIENT’S ISSUED AND OUTSTANDING COMMON STOCK AND WILL THUS BE ABLE TO CONTROL THE OUTCOME OF ALL ISSUES SUBMITTED TO OUR STOCKHOLDERS.

Vicis holds, as of September 11, 2009, approximately 71.65% of our issued and outstanding common stock. In addition, if the entire outstanding principal amount of the notes held by Vicis were immediately converted by it into common stock of the Company, it could result in the issuance of an additional 666,666,667 shares of our common stock to Vicis. If Vicis exercises the remaining warrants and is issued the shares from the outstanding principal of the notes it holds, Vicis will then hold a total of 1,309,081,748 shares of our common stock or approximately 83.77% of the 1,562,684,188 shares of common stock that would be issued and outstanding following such exercises. As a result, Vicis is able to control the outcome of substantially all issues submitted to our stockholders, including the election of all of our directors. A principal of Vicis also is a member of our board of directors.

FUTURE SALES OF COMMON STOCK OR OTHER DILUTIVE EVENTS MAY ADVERSELY AFFECT PREVAILING MARKET PRICES FOR OUR COMMON STOCK.

As of September 11, 2009, we were authorized to issue up to 2,000,000,000 shares of common stock, of which 894,634,187 shares were outstanding as of such date. As of September 11, 2009, an additional 812,324,098 shares of common stock were reserved for issuance upon conversion of outstanding debt securities and the exercise of outstanding options and warrants to purchase common stock and the reservations of shares in the Plans. Many of the above options, warrants and convertible securities contain provisions that require the issuance of increased numbers of shares of common stock upon exercise or conversion in the event of stock splits, redemptions, mergers and other transactions. The occurrence of any such event or the exercise or conversion of any of these options, warrants or convertible securities would dilute the interest in our company represented by each share of common stock and may adversely affect the prevailing market price of our common stock.

Additionally, our board of directors has the authority, without further action or vote of our stockholders, to issue authorized shares of our common stock that are not reserved for issuance. In addition, in order to raise the amount of capital that we need at the current market price of our common stock, we may need to issue a significant number of shares of common stock or securities that are convertible into or exercisable for a significant number of shares of our common stock.

Any of these issuances will dilute the percentage ownership interests of our current stockholders, which will have the effect of reducing their influence on matters on which our stockholders vote, and might dilute the book value and market value of our common stock. Our stockholders may incur additional dilution upon the exercise of currently outstanding or subsequently granted options or warrants to purchase shares of our common stock.

http://ih.advfn.com/p.php?pid=nmona&cb=1255196751&article=39838760&symbol=NB%5EABTG


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