Amarantus Bioscience Holdings Inc (AMBS)

[Voices of Reason]

Seems to have money for AMBS - HUH?

RBCC(D)'s latest 10-K filing: http://www.otcmarkets.com/edgar/GetFilingHtml?FilingID=8719222

Cash = $20k

The Company incurred a net loss of $555,211 during year ended March 31, 2012 and had net cash used in operating activities of $195,095 for the same period.

The Company purchased an equity stake in N3D. The total purchase price of $249,826 will be paid by making weekly payments of $5,000 until fully paid. Through March 31, 2012, they have made payments totaling $15,000 to N3D.

CEO Patrick Brown receives $5500 per month for his part time services (he is also CEO of OMVS).
Mr. Foxwell is being compensated at a rate of $2,500 per month.

The above nets to $28k per month in commitments.

At this burn rate, the company is already out of cash.

Furthermore, the Company anticipates it will require around $200,000 to sustain operations and implement its business plan over the next twelve months. Additional financing is required to continue operations. Although actively searching for available capital, the Company does not have any current arrangements for additional outside sources of financing and cannot provide any assurance that such financing will be available.

No matter how good the news, shorters short more. - this has nothing to do about shorting, just setting the facts straight.