Amarantus Bioscience Holdings Inc (AMBS)

[WarpCore61]

Don't you think it's strange that the company had to bribe the holders of the .06 warrants that would have converted "in the money" in order to force them to convert a portion of those warrants?

I don't think it's strange at all... no more strange than the original funding agreement where there was the forced conversion option. Bribe implies something illegal. Incentive might be a better word to use, as all of this is perfectly legitimate and open.

Today's deal is voluntary. There's nothing about force involved in getting the $3M in capital. If the investors elect to not exercise their earlier warrants, then they simply won't get the new warrants. Their choice, but dumb if they don't considering the roadmap the company has laid out.

Historically it's always better to be an insider. So what's your point? Insiders often risk millions of their own money, a lot more than the average Joe retail investor, and it makes sense they'd have access to more information about what's going on than you and I do. As long as it supports the company moving forward and doesn't fleece investors for personal gains, I have no problem with it. It's necessary to get the needed capital. On the flip side, insiders have restrictions on their purchases that the retail investor doesn't have, so there's some trade-off there.