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MinnieM

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MinnieM

Re: Atlanta1 post# 3969

Sunday, 07/31/2011 4:27:10 PM

Sunday, July 31, 2011 4:27:10 PM

Post# of 4024
No, they do not own that blood bank. The entire merger appears to have fallen apart. Things didn't end up as they were supposed to.

AMST doesn't hold any Histostem shares.

Histostem ended up holding 60% of AMST shares.

There is an ongoing investigation of alleged embezzlement in Histostem by some employees in S Korea.

The entire episode has been a fiasco.

The only thing AMST shareholders have hope for is IF Histostem decides to use this shell for introduction of their products into the US market. Or, to simply sell it to someone else.




In Reply to 'Atlanta1'

Are you sure they still own that blood stem cell bank??

GLTA... KarinCA ;)

"Be kinder than necessary, for everyone you meet is fighting some kind of battle."


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