Replies to post #114606 on Amarantus Bioscience Holdings Inc (AMBS)

[GS1]

The purpose of R/S is to get rid of current debt and liabilities making balance sheet clean before uplisting to NASDAQ. The current notes payable around 7 mil I think will be converted upon R/S. That will raise O/S depends on PPS. If PPS stays around $4 then 2 mil shares will be converted that is best case scenario and if it falls around $2 then 4 mil shares will be converted. Not a whole lot but it all depends on how market reacts at that moment will determine PPS post R/S.