![](http://investorshub.advfn.com/images/default_ih_profile2_4848.jpg?cb=0)
Saturday, August 31, 2013 11:40:03 AM
One Year Price Target: $2.00
I expect by June 1, 2014 that $AMBS be trading on the NASDAQ and funds will own more than 60% of the outstanding shares. The market cap will be in the $1,000,000,000 range.
You ask how does this happen?
A license agreement with Becton Dickinson for LymPro, a number of grants to develop MANF, and additional "orphan indications" for MANF moves the share price to the $1.00 range by April 1,2014.
The company announces a 1 for 10 reverse split and an uplisting to the NASDAQ. The share price hits $1.50 on the news and the company starts trading on the NASDAQ at $15.00 with approximately 45,000,000 shares outstanding. The funds start buying the stock in anticipation of a "big pharma" partnership to develop Lympro or a possible takeover. The share price moves to $25.00 range.
The company signs a development partnership with a company such as Amgen, Sanofi, or Glaxo.
Eventually the company is bought for $75.00/share or $3,000,000,000. The other possibility is that the company stays on it's own and develops "MANF" to treat numerous diseases and eventually reaches a $100,000,000,000 market cap.
"Patience is a virtue."
Know what you own.
North Bay Resources Announces Composite Assays of 0.53 and 0.44 Troy Ounces per Ton Gold in Trenches B + C at Fran Gold, British Columbia • NBRI • Jun 18, 2024 9:18 AM
VAYK Assembling New Management Team for $64 Billion Domestic Market • VAYK • Jun 18, 2024 9:00 AM
Fifty 1 Labs, Inc Announces Acquisition of Drago Knives, LLC • CAFI • Jun 18, 2024 8:45 AM
Hydromer Announces Attainment of ISO 13485 Certification • HYDI • Jun 17, 2024 9:22 AM
ECGI Holdings Announces LOI to Acquire Pacific Saddlery to Capitalize on $12.72 Billion Market Potential • ECGI • Jun 13, 2024 9:50 AM
Fifty 1 Labs, Inc. Announces Major Strategic Advancements and Shareholder Updates • CAFI • Jun 13, 2024 8:45 AM