Replies to post #125492 on Amarantus Bioscience Holdings Inc (AMBS)

[JPetroInc]

GC said nothing - it was I who contacted him at the request of a friend, and who is an AMBS shareholder

the stark reality of things here is Gerald & John lost complete and utter control of AMBS to Magna - one of 'the most' notorious penny play hedgie's in the US

it will take considerable legal costs and a large powerful investor who will be needed to take out the defaulted loans under Magna - now in excess of $16-Mil. - but having last rights of refusal, Magna will want a significant royalty on top of a sizeable offer - just goes without saying

meanwhile, the only way to pay the bills is via 2/3 - 3/4 daily dilution, and at 400k/day average, AMBS should be able to get thru till March, 2017 before the next RS will be mandatory

http://ih.advfn.com/stock-market/USOTC/amarantus-bioscience-holdings-AMBS/trades

so there is time to work on a strategy to buy out Magna, but its at the cost of diminishing returns for the investors

some peeps have started working on a few issues to see if Josh can be moved off the mark - but...