Replies to post #126918 on Amarantus Bioscience Holdings Inc (AMBS)

[Investorr]

• The Binding LOIs contain certain provisions requiring Amarantus to enter into settlement
agreements with a majority of holders of the Company’s outstanding accounts payable in
order to complete the Tender Exchange.

They obviously have NOT met these provisions and have asked for another 45 day extension.

One of the main provisions was that Amarantus must raise a minimum of $1.5M by the time of the Tender Exchange.

To raise that type of money, your price per share usually need to meet a certain price for the lender to go through with it.

Use your head Griff.

To read more about the provisions, go here:
http://www.otcmarkets.com/ajax/showNewsReleaseDocumentById.pdf?id=28635