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Re: DocStock12 post# 95251

Tuesday, 02/18/2014 10:27:39 PM

Tuesday, February 18, 2014 10:27:39 PM

Post# of 130524
Doc, thanks for the explanation. It really puts this funding deal in perspective.

I wasn't trying to suggest this deal was a bad deal. On the contrary, this deal put a smile on my face and my only real concern as an investor in AMBS has now been resolved. I was only trying to show this deal resulted in additional shares, not a swap out of new warrants for the old warrants as some believed. To get the new warrants, investors had to exercise some of the old ones... not a swap, but an incentive to exercise them.

And thanks for pointing out my error. I clearly stated I wasn't including the original $3M investment in either comparison, then I added it back in to one side of it. Dumb. I was in a rush to get the post finished and wasn't able to read the board until much later in the day. When I reexamined my post I found my mistake, then I saw you had already made a post about it. Thanks again. I'll try to be more careful in the future.
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