Replies to post #86999 on Amarantus Bioscience Holdings Inc (AMBS)

[Skeetz99]

JPetro (or Sir Petro):

In taking and copying the mentioned statement from Geralds recent blog (see below); I believe the writing is on the wall regarding a future upgrade ..regarding the financial controls mechanism (perhaps Gerald has already moved the ball forward with replacing the CFO).

Blog Quote:
"The Board of Directors and Management are now working closely together to improve the corporate governance at the Board and management levels, as well as the financial controls within the Company, in order to meet the requirements of a national stock exchange listing. We expect to take concrete steps in this direction in the coming months that will be communicated to the marketplace".

[Riskreturn168]

One way Gerald could have avoided the extra 173 million in dilution would be to have taken whatever Licensing Deal BD was offering us a month or so ago. $5 million up front? $10 million up front? What if by diluting and waiting them out, Gerald gets them to pay us over $50 million in the next 6 months, wouldn't that go a long way to make up for the dilution? Certainly, it can't be in shareholder's interests for Gerald to accept Licensing Deals prematurely where we get much less money, simply to avoid dilution. Other than Licensing Deals, what other method does Gerald have to fund the company's operations than dilution? Are you thinking AMBS is mishandling the money they have?