Amarantus Bioscience Holdings Inc (AMBS)

[JPetroInc]

Outstanding news...oversubscribed

AMBS = $0.12 to $0.18 PPS

much needed cash on hand now to continue operates for entire FY14 and if all new warrants are exercised, thru 2Q15

"The agreements call for such investors to deliver gross proceeds of $3M to the Company in exchange for the exercise of warrants for 50 million common shares of Amarantus. The solicitation was oversubscribed."

"In exchange for exercising their warrants (the "Old Warrants"), the investors will receive warrants to purchase three shares of common stock at an exercise price of $0.12 (the "New Warrants") for every four warrants exercised."

"The Company may call for the forced exercise of the New Warrants in the event the shares of the Company's common stock trade at or above $0.18/share (or split-adjusted equivalent thereof) at the time the Company is listed on a national exchange or for a period of 20 consecutive trading days, subject to customary equity conditions."