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Spuds McKenz66

12/05/15 8:06 AM

#120137 RE: redspeed #120136

thank u AMBS
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SidVicious

12/05/15 8:57 AM

#120138 RE: redspeed #120136

key words are "working on" which means nothing at this point. It is just like when Gerald said they are in talks with NASDAQ to uplist. How did that go? I bet if you ask Gerald, he'll still tell you that AMBS is still in negotiations with NASDAQ to uplist. In Gerald speak, that means AMBS is dead in the water and has no hope to uplist anytime soon. Let's say AMBS has plans to "spin" out their Dx division. They have to hope that 1)they have a legit brokerage firm to help them offer shares and 2) that they are going to spin it out onto a legit exchange like NASDAQ (if they go OTC route again, then Gerald is truly a fool), and 3) there has to be sufficient demand to buy the IPO. If there is no demand to buy AMBS right now, why would there be demand to buy the Dx spinoff? What we can figure out is that there are NO BUYERS at all for anything AMBS has. The spin off is a desperation move that Gerald and the idiots on the BOD are hoping will pay off. The odds of it paying off are minimal in this market. AMBS has mistimed and screwed up almost every so called strategic move. I suspect he will again come January because I am betting he will only announce "his plans in coming months" of a spin off. There will be nothing definitive but more empty promises. That is the only thing Gerald is good at doing.