BioAmber Inc fka BIOAQ

[fung_derf]

Now I'm screaming (in your head)??
This is a stock discussion board, why would we not discuss our investments? You claim you are a shareholder, yet showed up here two years after the stock stopped trading.
But I want to be clear here....it's OK for you to tell me I have no shares so MUST leave, but I shouldn't be allowed to ask others about their investments? Can you provide me with a book of biowin rules to live by?
BTW, What part of Canada does such a poor job of teaching spelling?
I don't know about Canada tax laws, but in the US, you CAN write off complete tax losses against your gains....oh wait....you must HAVE gains first.

we are all holding our shares with no tax write off

Who is the "we"?

[biowin]

We all know it's tax time and whatever you and other non Bioamber shareholders screaming about it is a waste of your time, don't get involved in other people's investments and what they are holding, it is non of your or their business, mind your own business, we are all holding our shares with no tax write off

Visolis and Trualt bioenergy
https://www.indianchemicalnews.com/general/biofuel-producer-trualt-bioenergy-files-drhp-for-ipo-22930

[fung_derf]

Your first post here was in March 2021. This company filed bankruptcy in 2018. How and when did you buy shares?

On November 22, 2019, FINRA, (https://www.finra.org/about) the USA Financial Regulatory Authority officially suspended the company's CUSIP registration thus finalizing the outcome for Bioamber & delisting it from all tradeable stock exchanges.

History

[Real McCoy]

Bioamber has 0.000 technology, as it was sold in the liquidation.

[fung_derf]

I'm not clicking on your links. For all I know it will take me to 2 girls and a cup videos.
However, mentioning two different companies that are not this one, doesn't exactly firm up your case.
Let's have an intervention.....tell us all, how much did you lose and how many years ago?

[fung_derf]

LOL....what I said was neither of us own any stock here. There IS no here here.

Are you saying I must lose money in order to post on this board? What kind'a investment rules are those?
C'mon! Let's leave together! I'll hold your hand and we can both jump.

[biowin]

Read this and if you understand it mentions Visolis collaboration with trualt bioenergy
https://moneymintidea.com/trualt-bioenergy-ipo-details-today-date-price-gmp-review/

[biowin]

You just said you don't own stock here, and basically you don't belong here unless you just want to check on our spelling, only real Bioamber's shareholders make sense to share information and discussion here, you have no business to tell me to leave because I own shares and you don't, so you leave i stay.

[fung_derf]

OK, first off, I believe the word you are searching for is "wasting", not "waisting".
Secondly, if this stock had value you wouldn't have to be over here "wasting" your time with excuses and spelling poorly.
Why do people assume all the time a "basher" has anger? I'm pretty happy knowing I would never get suckered into this stock, and extremely happy knowing that if I had, I'd have the common sense to recognize it is long gone now.
How about if we both leave here since we are making the same amount of money in this currently....or losing the same amount?
Why are you still here?
Lastly, why are you so angry I posted evidence to contradict your post?

[biowin]

If it doesn't exist you wouldn't be here posting just like other dead company stocks people stopped waisting their time posting but NOT here for Bioamber, you don't have to read people's posts here and respond with anger, it's called waisting your time, move to another stock which trades

[fung_derf]

I just read through the filing of Trualt and went to the website of Visolis and neither are currently mentioning BioAmber. Perhaps they forgot?

https://www.trualtbioenergy.com/public/assets/fronted/governance-investor/Restated%20FS_Signed%20Mar%202024.pdf

https://www.visolisbio.com/

You see. Now we are both talking about off topic stuff.

[fung_derf]

This company doesn't exist.
Talking about two different companies still in business IS off topic.....especially when you are trying to convince others there is a link to their investment.

[biowin]

How can this be off topic if Trualt bioenergy is using Visolis technology which is connected to Bioamber's? So you may fung yourself and do more research into Bioamber before you jump here without doing any research

[fung_derf]

That seems off topic for this board.

[biowin]

Trualt bioenergy in India is partners with MRN group (sugar producers company in India) to make biofuels which uses Visolis/Bioamber's technology, MRN group is owned by kkr and co

[biowin]

Don't forget this contract with Bioamber and Mitchubishi chemical
https://www.twincities.com/2012/11/05/bioamber-lands-international-green-auto-parts-deal/

And many more
https://www.globalcosmeticsnews.com/bioamber-and-dupont-tate-lyle-launch-co-sponsored-polyol-sampling-program-at-utech-na/

https://www.plastemart.com/news-plastics-information/bioamber-signs-210-000-tpa-contract-for-bio-based-succinic-acid-(with-vinmar-international/25649

[fung_derf]

OK, I apologize as I'm about to post something 7 years old, but it clearly states the company filed bankruptcy and then sold off remaining assets. Why would anyone here think they are still entitled to anything?
Even if the company made an incredible comeback, old shareholders aren't entitled to it.

LCY Chemical purchases BioAmber assets, Sarnia biorefinery




PHOTO: BioAmber Inc.

November 4, 2018

BY Erin Voegele

LCY Biotechnology Inc., a division of Taiwan-based LCY Chemical Corp., has purchased the assets of BioAmber Inc., a bankrupt renewable chemicals company that built a biobased succinic acid plant in Sarnia, Ontario.

On May 4, 2018, BioAmber announced it had filed for Chapter 11 bankruptcy in the U.S. The company’s two Canadian subsidiaries, BioAmber Sarnia Inc., and BioAmber Canada Inc., made similar filings under Canadian bankruptcy laws. At that time, the company indicated it planned to strengthen its financial heath and solidify long-term business prospects.

On June 18, the company announced it had had received formal approval from a court in Quebec for debtor-in-possession financing that was to enable a sales and investor solicitation process (SISP), which began June 1. It also allowed the Sarnia plant to continue operations. The SISP process, however, concluded without an acceptable offer being received from a qualified bidder.

On July 30, BioAmber announced, that subject to court approval, it would solicit liquidators to bid on the acquisition and disposal of the company’s assets, including the Sarnia plant. At that time, the company also said it would continue to actively engage with qualified bidders and other interested parties to determine if a transaction that would result in the continuation of the company’s operations was still possible.

In early August, BioAmber announced that following a court order issued on July 31, the company, along with its monitor, PricewaterhouseCoopers, had initiated a liquidation process pursuant to which offers would be solicited from liquidators and/or strategic buyers to proceed with the liquidation of the company’s assets or a recapitalization transaction with the goal of realizing the created value on behalf of the company’s creditors. Binding offers were due Aug. 21, and the company said it aimed to close the transaction by Aug. 31.

On Oct. 25, PWC issued a press release in its capacity as the court-appointed monitor for BioAmber announcing that the company completed the sale of certain of its assets to LCY Biotechnology as of Oct. 22. “These assets comprised all of the company’s assets, save and except for the cash, accounts receivable and inventory of the company, and also excluded certain U.S. based office equipment,” said PWC in the release. “The purchaser did not seek the assignment of the company’s contracts, which meant that certain intellectual property under license from third parties was also not transferred to the purchaser.”

The transaction was approved by the Quebec Superior Court of Justice on Sept. 18 and by the U.S. Bankruptcy Court for the District of Delaware on Aug. 9. PWC said the liquidation of BioAmber’s assets will result in little to no residual value for non-secured creditors and no residual value for equity investors.

[Real McCoy]

OMG. No proof? The last ever press release more than 6 years ago with I nothing since is “no proof”?

[biowin]

This company has entered into a technology collaboration with Visolis to produce SAF in India

https://moneymintidea.com/trualt-bioenergy-ipo-details-today-date-price-gmp-review/

[fung_derf]

No proof of you being wrong yet. No other reason to be here IF dead. Simple sht.

Seriously?? No proof?...how about when you type in the stock symbol it says, "symbol not found"?

BTW, if you go to the CMKX board you'll find people still posting there, and it has been dead for over 10 years! Mostly "bashers" who enjoy laughing at all the old fake info that had been put out by "the longs" for years.

[fung_derf]

LOL!!....I'm curious who and why you think someone would pay someone to "bash" a stock that no longer exists?
Do you think there's a retirement fund, like a pension, set aside for dead companies?
Perhaps some people are here to point out how wrong you've been and justify your posts falsely accusing them. It's always interesting how a penny stock mullet can attack a person day after day, then when what they've been telling you is confirmed, you respond like you are the undeserving victim.
Perhaps if you apologized to them, they might leave.

Move on unless you can’t because you are paid to stay. Prove me wrong :)

The same can be said to you....."move on unless you can't because you are paid to stay.

[Lifetime]

Cool story.... you are still out 100% Prove me wrong.

[dalesio_98]

You have been wrong, are wrong and will continue to be wrong. :) ;)

You have no other choice.

MAJORITY HOLDING SHARES VERY STRONG $$
Bullish

Good luck to All!

[moola26]

I offended you with my last comment to the point you had to look up my profile and comment about it. Obviously you can see how weird this looks.
You paid bashers are so sensitive and predictable. Sleepless nights thinking about our shares and Still here bashing a non trading stock and the shareholders. We just here holding our shares and apparently that really upsets you:). Move on unless you can’t because you are paid to stay. Prove me wrong :)

MAJORITY HOLDING SHARES VERY STRONG $$

[Real McCoy]

Are you not doing the same in this very post???

[Lifetime]

I assume you have been trading stocks since 2000 (that is the start date of your iHub account) and you still think that there are "paid bashers" and this stock is still viable? How are you not bankrupt by now?

[Gold prospector]

I find it odd they keep wasting their time posting on a dead stock! 🤔 you must have nothing better to do? 🤣😂🤣

[Brucebannerr]

Absolutely don't have to watch this board .
Just watch those worthless shares in your account. Since they are untradeable and worthless . What anyone says here means nothing.

[moola26]

Honestly I can not think of a non trading company with this much attention from paid bashing 24/7 6 years on. Maybe a Guinness’s book of records kind of situation…

Anyway…share holders don’t even watch this board that much. So keep bashing to yourselves :)
MAJORITY HOLDING SHARES STRONG!!$$

[Real McCoy]

Hey man,

Can you think of a company that is MORE dead than Bioamber?

Why not just drop it, it’s obviously over.

[Real McCoy]

Shareholders? What?

[Pnypnchr]

Yeah but the stooges watch the BioAmber board MORE than the shareholders do.
That's fkd up!

[moola26]

Do you get a ping immediately when someone posts?
The joys of paid bashing….bwahahahahahha
MAJORITY HOLDING SHARES VERY STRONG$$

[Real McCoy]

I am PRETTY sure you know this is obviously dead?

[New money98]

Silence is golden, just like my shares!!!! Aaaaaannnnnnddddddd the nnnnnnneeeeeeewwwwwwwwwww......

[Real McCoy]

So we agree it’s dead?

[dalesio_98]

Who is the Pied Piper (Rattenfänger) that led you/your avatar to invest in BioAmber through the use of the flute and tune?

You followed the flute's tune hook, line and sinker.

Recall, it was shareholders that reached out to look into the BioAmber file and I attended the court hearing. I provided a summary here at IHub and at the private FB group. Cozing up with the PWC boys in court, dropping names?? I've been up against PwC/ Monitor C.B. on many shareholder BIA and CCAA files.

"Sounds good, best thing I've heard from you since you told me about cozying up with the PWC boys in court, dropping names. Good luck too you!"

Good luck to All!

[Real McCoy]

Former Bioamber isn’t connected to anything. It’s dead and liquidated.

This was clear back in ‘18.

[biowin]

Why you disagree? Isn't Bioamber connected to government of Canada as well as the US? Doesn't Continental trust deal only with government securities? (Meaning Green Bonds), wasn't Bioamber Canada build with Government bonds? Well if the Liberals(Mark Carney) wants to be elected on April 28th they better prove they did something to improve Canada eg. with it's bioeconomy and come clean with Bioamber and prove that they are not corrupt and did not hire corrupt lawyers to look after Bioamber and that this is not under the table job with government officials and lawyers (eg Cassels and Pwc) and if they don't get this done the Liberal party is going down the drain just like the democratic party in the US, i trust this will come through for Bioamber's shareholders and good things take years to become perfect eg. Verde Bioresins and Lcy green science and disguised lawyers who post here are not corrupt but only doing their job to protect Bioamber's confidentiality with some humor from the Pirate, we will find out the truth very soon

[Real McCoy]

0.0000000% chance.

[Real McCoy]

If you invested here (I don’t think you did), you’re out 100% due to the liquidation.

[Lifetime]

Word salad garbage.It is barely a coherent thought if you are saying there was fraud.... prove it. You have had damn near a decade.

[biowin]

The new sec rules for spacs is no extension after 3 years, Tilgly acquisition has until April 16th or plus ten days to complete a business combination, their new sec filings are asking for shareholders vote for extension with no set meeting date, transfer agent with Continental trust which deal only with government securities (Lcyb/Bioamber is possible)
https://cooleypubco.com/2024/09/25/nyse-withdraws-proposal-spacs/

https://www.sec.gov/Archives/edgar/data/1879814/000110465925028287/tm259943-1_pre14a.htm


Also Verde Bioresins going public with NXU after ten days of a 1 to 20 reverse split and name change VRDE, (by April 10th) (the price could go to $60 after name change (biodegradable plastics and 600B market who were originally going public with Tilgly aquisition and Vinmar) does Verde have anything to do with Bioamber's technology or Lcy biotechnology? Could they be holding our shares to issue new shares for Bioamber at $60/share??

Take a look at their website, looks like Bioamber's technology
https://www.verdebioresins.com/news/what-are-bioplastics-revolutionizing-sustainability-with-verde-bioresins/

Looks like good things coming before Easter

[MadScholar1]

I sympathize with your experience, dog. A cursory glance at what's been happening in the world in most areas of human concern over the last century shows that even the slightest ... faith ... that we can correct what appear to be permanent flaws in human nature is a waste of time. While bona fide civilized behavior cannot be taught, it's even more difficult to learn in areas of human activity that focus on money. While there's no difference between a punk who robs a convenience store at midnight and an institutional swindler who macgyvers rules to fix his godsend, the problem we face is that the punk will sit in prison for ten years or more while the culture will recognize the swindler's "godsend" and call it civilized. Two hundred years ago, civilizations had notions of singular "accountability." In our postmodern era, "accountability" is subjective, negating the meaning of the word, nullifying it in practice. In BioAmber's case, somebody made off like a bandit. For us with the long view, expectations based on regulated possibilities lend us hope. We reject living in a world without hope, as St. Paul suggests in Ephesians 2:12. Living without hope is a ghastly way to live. Indeed, hope brings meaning to everything that happens in our lives. Unfortunately, as civilization dissipates, the world in 2018 was far different from the world in 2025, and going forward. Yet .... hope need not dissipate. The world may be catching up to swindlers. If hope does not dissipate, then "accountability" will not dissipate ... completely. This leaves us with our faith in BioAmber in 2018 being still viable.

[dalesio_98]

You must be referring to the BioAmber shareholders lawyer who represented some of you. The lawyer I recommended against.

Garbagemen are a necessity, attorneys however are a dime a dozen. Garbagemen remove the nasty smelling refuse from our personal environment. They are heroes in our reality. Attorneys on the other hand...eh!

Good luck to All!

[Lifetime]

Cool story... you are still out 100%

[Real McCoy]

Bioamber is completely dead due to the announced liquidation back in 2018.

[Real McCoy]

It’s not nonsense as I am obviously correct.

[$ugar Glider]

Sounds good, best thing I've heard from you since you told me about cozying up with the PWC boys in court, dropping names.  Good luck too you!

[$ugar Glider]

Excuse m wah... Yaking!