Amarantus Bioscience Holdings Inc (AMBS)

[Skeetz99]

Financing news this AM is out:

The can raise up to $8mm and will have funding now through 2015. In my opinion; they will be able to accelerate both the MANF and LymPro programs on a more aggressive basis. Overall, Jason Napodano has been looking for the cash raise that becomes a game changer for the company. Moreover, the ability to uplist (to a National exchange.. if the price trades over $.10 is an added bonus. Of course; the dilutive nature of any financing deal is a necessary evil.

Bottom line: the really good news (that is due out and coming) was held back due to the financing deals completed recently (a reason for everything). Expect the PR machine to light up next week!!!

News link:

http://finance.yahoo.com/news/amarantus-bioscience-holdings-announces-2nd-103554307.html