Amarantus Bioscience Holdings Inc (AMBS)

[lighter than AIR]

I conversed via e-mail this weekend with CEO Gerald, and I asked the same question, to which he replied..."delivery is clearly the next most important step. We have our strategy in this regard and will be updating the market as appropriate."

I also asked about the trading activity, shorting and such, manipulation, etc..."We are aware of the trading activity and intend to take steps to defend shareholder value"...later going on to say "someone completely unrelated to the Company has listed AMBS on the Berlin Stock Exchange, completely unbeknownst to the Company. You can do your own due diligence on this, and generally what the intentions are of those who list companies on the Berlin Stock Exchange." (without their knowledge or consent)

and about the increase in AS:

"we increased the authorized as a matter of extreme conservatism. We planned for the worst but are working to ensure quite the opposite. Additionally, having this number of authorized shares does put management in a very favorable position when negotiating for larger transactions, such as licensing or buyouts, because the company has several options at its disposal. As such, we feel we would get better terms."

and also...

"it is important to note that management are large shareholders and we are in the exact same position as you regarding dilution. We don't want dilution any more than is necessary to get the Company to a liquidity event that will return significant value to shareholders."