Amarantus Bioscience Holdings Inc (AMBS)

[friscobound]

I think people need to go read the 8-K AMBS filed in February about the amendments to certain debts in default. For one such debt

"As a result of the 30 January financing previously announced, the Old Notes and Warrants, inclusive of interest, would have been convertible into approximately $900,000 in common shares priced at $0.0333/share, which would have equated to 27,000,000 common shares."

I think what you are seeing is these lenders converting and selling every share they can. I think they were selling for some time, were selling heavy this week and used Wednesday as an opportunity to unload millions of shares. As long as they get 3.33 cents a share they do fine. Selling at 5 and 6 cents gives them huge profits.

Unfortunately, I think we are stuck with this until they are all sold out. But I think this provides a buying opportunity because they are holding the price way down and after they are done, the balance will be restored and the stock can move up.