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But shareholders post on the ‘other’ board and we all are holding. No one has sold!
Too freakin' funny. It's kinda hard to sell something that no longer exists.
Hold till te cows come home. You'll still be penniless and frustrated.
FKA bioaQ Discuss whatever you wish. Why the sky is blue? Why birds chirp? How do bees pollinate? What's the meaning of life?
We could discuss why former BioAmber had to file for bankruptcy protection in the first place?
Or the accounting fraud that started it off?
Or ____?
Not a theory, close the board or not, makes no difference. It's just discussion at this point.
So by this theory I think ihub should close this board down. Clearly we're talking about fka $bioaq
FKA bioaQ
All 3min that it took to write some facts.
So that's where we're at now? 🤣
Simply amazing.
The effort that some do to reply to posts. It's a full-time job 🤣
Viva BIOA
Continental stock...hmmmm! You might be on to something.
You must be protecting Lcyb, why wouldn't a spac which is specializing in plastics and resins not have a target company such as Lcyb to take public, who looks ready to go public by their website, and as much as you don't think Lcyb (Bioamber's Inc's subsidiary) has anything to do with It we do, KKR/Lcyb must pay Bioamber Inc what was given to them unfairly by Pwc trustees, Bioamber shareholders must get Lcyb shares to prevent a legal suit on everything that took place in private which excluded the shareholders in a meeting, thanks for responding instantly 😉, Bioamber must be hiding in your DNA, please get checked up
FKA bioaQ
You can claim whatever nonsense you like.
The fat lady has already sung. 🤷 Oh well.
I’m not a lawyer. Why do you keep asserting that anyone cares whether you hold, especially when trading ended due to the liquidation?
10 people? YIKES non shareholders LAWYERS making things up again !
Majority of shareholders are restricted on this forum. But shareholders post on the ‘other’ board and we all are holding. No one has sold!
Why does it upset the desperate non Shareholders LAWYERS that we continue to hold? Why are non shareholders LAWYERS posting 24/7 on this board convincing shareholders to let go of their shares.
Love the smell of desperation in the morning. BWAHAHAHAH
We are golden$$$
Majority holding strong!!
Everyone? Like 10 people?
Can you just admit liquidation 6 years ago with nothing since means it’s over?
There is no BIOAQ - factually, it doesn't exist.
( FKA )
And apparently they have selective Q stocks to guard for life also! BIOAQ is the ONE AND ONLY. Never another!
Everyone LOVES BioAmber for some reason or another.
FKA bioaQ Nothing selective about it, try a little harder.
A bit more effort reading would answer what you're selectively implying.
Tell everyone what the confidentiality order was for. 🤨
What did it cover and why?
It's clearly stated.
Every single thing that was beneficial to the process that was under seal - is in the 6th Report "Unsealed."
Apparently you do selective reading. The paragraph above that one tells you what that order is about.
Watch out, it's a long way to the floor
You making the claim - "It has nothing to do with BioAmber" 🤣 after all the crap you post that factually has nothing to do with BioAmber.
That's rich hahahahahahahahahahahahahahahahahahahahahahahahaha !!!!!!!!!!!!!!!!!!!!!!!!!!! .🤣
I just fell over laughing!
You must stop mixing your booze with your weed. Has nothing to do with Bioamber
YIKES!
Non shareholders desperately posting 24/7 trying to convince shareholders to give up their shares. Why does it upset them that we hold? This is our $$$$ and Our accounts…! Why are they so concerned ?
Most shareholders are restricted to post on this board so they post on the ‘other’ board. I mean just look at the responses I’m going to get from this post alone. Desperate . I hold my shares with the majority!
MAJORITY HOLDING STRONG$$$
Bullish
You said until you clean up your account and remove them, why didn't you removed them yet? if you are so certain and screaming here for years liquidated and gone, you should worry about your account only and not everyone else, but your concern is our accounts because if one person listened to you, the money from the distribution of funds from that shareholder who removes them will remain in the lawyers trust account. How sweet that be for Cassels lawyers
You said until you clean up your account and remove them, why didn't you removed them yet? if you are so certain and screaming here for years liquidated and gone, you should worry about your account only and not everyone else, but your concern is our accounts because if one person listened to you, the money from the distribution of funds from that shareholder who removes them will remain in the lawyers trust account
No one cares if you keep them or not.
What mergers?
What idiot delays a “merger” for 6 years. The business environment could be completely different.
"Until I clean up my account and remove them" this is what a legal team is here for, to convince mentally and psychologically that is what one must do holding Bioamber Inc shares, you just admitted that the manipulation served here is purposely done to rip off someone get rid of their shares in their account, by giving an example that you would do that because you think you are smart?, please go look at yourself in the mirror, we all know what lawyers are after, no matter how much $ they have
Sure thing there bud, there is no BioAmber.
The name BioAmber belongs to LCY & I'm 100% sure they'd have a problem with someone else using the name.
Still haven't read through the APA yet I see huh?🤡
They purchased the name legally, "free of encumbrances" in a court supervised asset purchase - liquidation sale.
So, your "ACTIVE" company, what's it named? cause it 100% ain't BioAmber. 🤡
Name one single director of your ACTIVE company.
FKA bioaQ The difference between you & me is I know the shares are physically gone.
What's in my account is just a placement of what they once represented until I clean up my account & remove them.
One thing you don't want to admit is that "Bioamber Inc" is not bankrupt but registered "active" and also has active contracts taking place which Bioamber Inc is getting paid from internationally big chemical companies, Bioamber Sarnia is a subsidiary of Bioamber Inc, so when one of the subsidiaries needs financial help the mother company "Bioamber Inc" helps out with their profits to pay down and pay off it's debt, so the entite whole company as one company can be debt free, this is called restructuring or receivership, the 100M by the way is mostly government funding for the Sarnia plant by the Government of Ontario sustainable green bonds sold on 2014 and more sold 2018, we are glad that you are the ones looking like desperate and foolish good luck to all of you we don't need it you do, also tell dalesio98 who is posting like I thought was a ghost 5am regarding bonds for another company we know Bioamber Sarnia is owned by the Government of Ontario because of Green bonds, they are getting paid and we will also get interest disbursed because Bioamber Inc is the owner of Bioamber Sarnia, with the interest alone of the Ontario green bonds, Bioamber Inc will have no debt but many millions left over to distribute to us
Restructuring!!!! Doesn’t look like it will be much longer now!! As long as they quit, delaying These mergers. And as long as the lawyers stay on the board, we know we’re in good shape! Which that in it’s self is amazing on a dead stock ha ha Good Things Are Coming Very Very Very Very Soon ! See you next month!
Another guy who's never read the monitor's reports I see.
There is nothing remaining under seal, it's been disclosed.
Confidentiality agreements can not mask / hide / or protect material events.
The company has been dissolved, it physically does not exist.
Do the math, that means your share ownership is also past tense.
Confidentiality agreement, homie.
FKA bioaQ You've figured out fantasy land, unfortunately fiction is just that - fiction.
The monitor's reports are right in front of you, yet you refuse to have someone qualified explain the outcome to you.
That is your own problem, no one else's.
There is no merger, there is no newco, there is no new trading symbol.
The cusip is locked to Delaware 4612067 and that company is dead.
Unless you would like to pony up the money to bring it back?
Then there is the problem of the +$101M still owed, taxes owed to Delaware, the corporation needs a name seeing as it's former name sold in the liquidation.
Then what do you do for a business model? Oh well 🤷 These are problems that you will never experience because none of this can happen.
This entire charade has already ended, all that is left are technicalities.
Those technicalities will be finalized in the very near future.
You haven't even answered the first basic steps to start this fantasy in motion - ⬇️ You're delusional, it's not happening.
If this were true, why have they never announced anything or provided any correspondence to shareholders via the transfer agent?
We already figured this out Pirate, Lcyb will be our new trading symbol when Tlgy acquisition corp takes it public soon, after that there will be more news to connect them with the contracts with Origin Materials and oil companies who are desperate to throw money into this industry because they have no choice
So, you've acknowledged that what he has said about the company is correct and, ultimately by extension, the things that he replies to are incorrect, and rightfully stated that we're all wasting our time, including me, you, him, and all the folks pretending to believe "good things are coming very very very very soon!" Yet the only one that posts that you take exception to is him? The continued dredging up of old posts and google hits from when BioAmber, Inc., was in business 6 years ago is fine by you, but replying to the irrelevance of them is not.
You'd have to admit, pretending to believe in something you know to be untrue in order to draw in a correction is way more of a waste of time than the correction, unless, of course, that is a common objective.
Good point as that is what happens when a plan is submitted to the Court for approval and the shares are involved.
Shareholders would still get nothing . But at least they wouldn't have to look at worthless shares in their brokerage account till the day they die .
Can you please explain the importance of owning worthless untradeable shares in a dead Delaware corporation ? Or just talk in circles ?
Yet another load of pure BS.
So, a proposal from PWC to another company that says BioAmber was "restructured" by selling all the assets to a third party is now some sort of proof that a secret deal was made over 6 years ago? Sure, sounds legit.
I would imagine the company had some restructuring plans drawn up, but what they needed was somebody with a lot of money to burn to agree to fund it during the SISP. The reason the plans were never submitted for approval is because nobody did offer to toss their money into the pit. There'd have to be enough offered to cover operations for an extended period and address the secured debt, and the plan would have to show a pathway towards profitability so those secured debt holders would know it was a good deal for them. Without money, the company wasn't going to continue, the plans were as worthless as the paper they were written on. Why would any entity with money, either new or one of the creditors they had, agree to put more into an enterprise that lost money every year they operated?
There's nothing secret about this, everything that happened to this company is well documented in the court records.
FKA bioaQ The restructuring plan resulted in a liquidation of the company.
The shares are dead, they don't need to be cancelled. Tell everyone why, or don't,🤡 makes no difference either way.
You'll figure it out eventually, you have no other choices.
The important thing is shares weren't cancelled as a part of the restructuring plan!!!
You should write “fka Bioamber” as the prior poster did as this is now a shell with the name sold off.
Hahahahaaha
Yes, they are allowed to post about BioAmber and there's NOT a damn thing that poster can do to stop it. IHUB FACT
Only been trying for 6 years but it is great comedy though. LMFAO
There is no defense of anyone who posted wrong nonsense while this was still trading and influenced some to lose money. None.
Now I’ll just make sure the humiliation sticks if insane attempts at redemption are made.
Not sure why you care about someone’s ability to post false fantasy so many years later when you know the outcome is so crystal clear.
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Moderators Homebrew Lucky77Dice randomwalk007 Real McCoy dalesio_98 iron-eagle |
BioAmber completed the CCAA proceedings (Companies Creditor's Arrangement Act), on December 23, 2019 upon the filing of the Discharge Certificate. Under CCAA, (Canada law, not US) BioAmber was not in liquidation, receivership, or bankruptcy. Learn more about CCAA here. The monitor was PwC (PriceWaterhouseCoopers) with extended powers from the Canadian court, and facilitated sales transactions with Visolis and LCY Chemical Corp, which together formed the joint venture LCY Biosciences "LCYB", the designated purchaser that purchased and will now continue to operate the Sarnia plant. These transactions must include both assets of the Companies and shares of BioAmber Inc. (the US Parent company), in a multi-step transaction, which aims to take advantage of BioAmber's IP, trade secrets, patents, R&D breakthroughs, Vinmar contracts, and tax benefits of BioAmber's NOLs.
LCY Chemical itself was just recently purchased by KKR in a 1.5 billion dollar acquisition, whereby LCY Chemical Corp is now a private company. Learn more about that transaction here.
PwC's various updates can be found on their website here.
PWC RELEASES AUGUST COURT MOTION ON FEBRUARY 14, 2019 - CONFIRMS SALE FOR
====================================================================================
FEB 8, 2019 Evening Update
NEWS !! PWC Updates Shares Worthless, FINRA Notified
Stick a fork in BIOAQ's common shares. They are DONE.
Today's Tenth Monitor's Report, issued by PwC specifically to dispel the internet rumors of the common shares having value, proves the common shares are not only worthless, but will be cancelled.
See Sections 16, 18, 19 below.
http://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf
Anyone holding the common shares when FINRA (who has been notified by PwC) will lose 100% of their investment. Assuming they have a chance to sell, of course. FINRA could decide to delete the ticker at any time from this point forward.
=====================================================
IMPORTANT NOTICE !!
Company Liquidation is COMPLETED
Ticker Deleted by FINRA on 11-21-2019.
They will no longer exist for trading.
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