Replies to post #121877 on Amarantus Bioscience Holdings Inc (AMBS)

[OPKOHEALTH2022]

So how much is that converted to cash ? 2 million ? 1 million ?

[christjamin]

Actually, it may or may not be as simple as that. In the video, the CEO of Avdx says"acquisition" of amarantus DX" but he added"good for both avdx and Ambs share holders". Amarabtus will have the right to name 2 boards members. So Ambs has a say on the direction of the future company. It is a little more complex..that is my take. Avdx will have 270 millions shares in total of which ambs will own 80 plus another 10 millions with certain milestone..
Patience is virtue, blind patience is not wisdom

[guardiangel]

Alerted..You are correct IF the proposed LOI Reverse Triangular merger goes through.. The only way that Amarancus shareholders would benefit from is the 80 million shares plus the 10 million shares bonus depending on goals reached.. At this time AMBS would own around 45 per cent of the current outstanding AVDX shares...When AVDX starts to dilute the AMBS holdings will diminish as well...This merger is considered an investmet hoping that AVDX will increase pps in value and it doesn't dilute its shares..That is why 2 directors would be appointed by Amarancus..imo Wolf ahooooooooo