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lewsogge

03/13/13 1:30 PM

#64154 RE: JPetroInc #64152

Its my understanding the specifics haven't been hammered out yet, but Gerald told me the subsidiary was formed for the purpose of positioning the company for financing deals. In the case of a JV, buyout, or partnership the financier may want to only invest in the MANF, or in the diagnostics. With this new set up that will be possible. He was very emphatic in stressing that shareholders will be compensated for revenues generated from the diagnostics subsidiary, so I would not worry about that.

Everyone should email him your questions... he's pretty good at getting back to investors in a timely manner if you don't annoy him. Gerald@amarantus.com. Or email the IR department if that doesn't work. L&A is the new one, their contact info is on the bottom of the latest PR.

Chag

03/13/13 2:13 PM

#64159 RE: JPetroInc #64152

It is just an accounting transaction to create an entity to hold the patents. Not a real company with employees, etc. It is just to protect assets and reduce taxes. Companies do this all the time.