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joboggi

07/09/15 8:23 PM

#115872 RE: JPetroInc #115871

How does that work exactly, I've never seen anthing like that personally. Is the stock worth $9 when they get it, or do they have to wait until it is $9 to convert?

brharris

07/09/15 8:54 PM

#115874 RE: JPetroInc #115871

I agree 100%. This will create the buying pressure that has been missing.

Let's look at what's on tap for the next few weeks:
- next week is the official closing of the ESS acquisition

- the following week AMBS silver sponsor(cost $50k) to announce positive LymPro data at the AAIC

- the last week of July with the share price maintaining above $4 AMBS will qualify for NASDAQ uplist

- that will likely make IPO/uplist in early to mid August raising between $20 million - $150 million with the shelf offering

- mixed in that time frame we get first patient dosing for Eltoprazine Phase 2 trail and ESS Phase 2 trail initiating

Look at my post history, I am not one for predictions but I am gonna say the bottom is in!!