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I mean that after the CCAA there were no assets left.
It could. It just can’t be done in secret when the company is publicly traded.
Haha my last post definitely touched a nerve with these dummies. They didn’t hesitate to respond….always posting 7 days a week like it’s their full time job and they don’t even own a single share…. Dummies!! . Jealous that we hold the majority!
Majority holding strong!!! 💰
Were the other 70 companies solicited for a bid in both the SISP and liquidation in on the collusion? How about all the creditors, who surely had ample opportunity to object, even had liens on the assets, actively watching and/or participating in the proceedings, were they in on it, too?
The truth is what has happened was planned in advance . Legal or illegal doesn’t change the end result . Proving the collusion obviously isn’t ez actually you monitor and many others also to see if we can prove it .
All of the ownership interests they had in the technology patents were sold to LCYB in the liquidation.
What do you mean nothing left to buy ?
Why couldn’t a license agreement pay off debt ?
I know that creditors were not paid after the CCAA for several reasons -1) there is no reason to do that, 2) it’s illegal, 3) after the CCAA this dead company had literally nothing left to buy.
You could always explain to everyone how anyone could take your shares.
You're definitely a clown 🤡, spreading nonsense just like the other clown & his $1.4 billion dollar buyout.
NO ONE can take your shares, you know that already.
Everyone realizes you're pulling strings just to get a reaction.
So what is it then?
How can anyone take your shares ?
You are beyond pathetic , you say you are here to educate. Lol the facts are there for all to see . The real question is how did all of this transpire . There was a tremendous amount of money that was spent to hire a group of lawyers to restructure and or sell the company with certain stipulations. How do you know for a fact that the creditors owed money weren’t paid after the CCAA . According to certain people that still post publicly post on Linked in something different transpired . I prefer to believe the people that were involved and put their reputation on the line by posting what they experienced.
I guess you’ll have to accept it as, life on the anonymous message board.
And the majority (if not the entirety) of “shareholders” have nothing to say other than comment on other posters. Literally not one fact or evidence that shares could have value.
One extremely pathetic poster even asserts he is holding “strong” without commenting that it’s not possible to sell.
Majority posters today are non shareholders desperate dummies trying to take our shares.
Posting like is a full time job. Bwahahaha clowns!!!!🤡
Locked and loaded and majority holding strong!
?
The argument is so persuasive that what’s left are bitter posts about posters like this.
You have no argument and say you aren’t persuaded. At that point it’s just bad faith.
How could someone get your shares?
“Proving”
Bahahahahahahaha
Exactly. They stalk us because they want our shares. They constantly harass us . Call us names but it just won’t work. They remind me of the stalker in baby reindeer. Only way to stop her was prison. Hmmmm…
Majority holding strong!!!!
Good morning Bioamber shareholders
Looks like the dummy non shareholders can’t get enough of our shares proving they are gold. Keep posting non shareholder clowns 🤡 no one giving up their shares!
Majority holding strong !
Woah! They upped the resources this morning!! Noteworthy $BIOAQ
The link you provided was from a parked domain - which is meaningless.
"There sure is more coming and we are not sleeping, $$ for our Bioamber investment very very soon!
https://www.bioamber.com/lander"
"https://www.lcycic.com/en/product/biosciences-and-renewable-solutions"
The other link has nothing to do with Bioamber.
You are one desperate investor - who invested more than you could afford to lose.
IG
Scan your badge and, in an orderly fashion, file in. Looking for more production today. Really hone in on overcoming objections and being persuasive. Anticipate the objections so you have a well formulated response. Go back to drawing board and objectively evaluate your approach and results to date. Kid gloves are coming off and simply identifying as a lawyer is no longer sufficient for the direct deposit. ROI is the name of the game.
There it is!!! Rock bottom baby!!!!
Tomorrow's another day, see Y'ALL tomorrow!!!
Please tell me you’re at the point where your only comment is “replies”. I want to see the absolute rock bottom.
YES thank you kindly! )
Hmmmmmmm like maybe it as all a lie and a transaction was hidden all this time so a company could get a no asset, no employee company whose NOLs value is dwarfed by its outstanding debt??
We do love dummies.
Pointing out the obvious - Everyone replies to you right? 🤡
They must love dummies or they would NOT reply.
OR HMMMMMMMMMM
Still can't get the website right huh? 🤡
You forgot, again, or blatantly lying? Which one is it?
I mean, it is listed right here on the iHub board for this former company.
Seriously, you can't be this dumb. 🤡 Oh, maybe you can.
All anyone has to do is scroll down on the board page to see it.
You're sure not sleeping, you're full blown BioTwit 🤡
Who would be paying you and for what reason?
Remember this post? Come up with an answer to it yet?
Self portrait ? ⬇️
Yeah that’s great for LCYB too bad you don’t own shares in that private company lol.
You own worthless shares of a insolvent debt ridden liquidated shell that doesn’t even own the name BioAmber any longer
You’re out 100% dummy.
He is always hanging out on a "limb" 😂, he figures he is some sort of "branch manager". I am surprised he doesn't make like a tree and leaf 😉.
I wonder what the weather is like in Seattle these days.
$$$$BIOAQ$$$$ For the Win!!!
How much do you get paid to be in a gang?
https://dictionary.cambridge.org/dictionary/english/gang
So, you're planning on going to the grave while still holding out hope.
Sad...
There sure is more coming and we are not sleeping, $$ for our Bioamber investment very very soon!
https://www.bioamber.com/lander
https://www.lcycic.com/en/product/biosciences-and-renewable-solutions
Time to wake up Biowin, you don't own anything at this point - ZERO.
The secured creditors are impaired - feel free to do the basics - Google it.
News Flash - the proceedings are over. Ended almost 6 years ago.
There is nothing more, no more proceeding, no more distribution, no more anything.
It's over whether you want to sit in a corner and sulk about it or not, the reality is, there is nothing more.
Who cares who owns it it’s dead?
You sound like you own this and not the shareholders,, you have a voice and we don't, you want us silenced with some others from Pwc etc., who are behind the scenes, put everything in writing and sign it that KKR or Lcy Bioscience have nothing to do with Bioamber's shareholders, don't forget they had on their website that they acquired Bioamber to for a Chemical business, let Bioamber's shareholders know when you signed, maybe this will be the next big scandal that involves accounting firm and lawyers fraud on the news just like Enron, Deepak Dugar's story is a mess who disclosed he worked for Pwc also, he got his PhD by using Bioamber's patents and also Bowei Lee did, what else do we have to wait for , lawyers to buy Lamborghinis by cheating
*sigh* 🤡 KKR is beyond not paying anyone, they had no involvement with former BioAmber - 100% certainty.
LCY Biosciences is not paying shareholders, the process is completed and they already own all assets of the former company.
In case you forgot, creditor's are still impaired in the amount of +$101,000,000 plus and there is no money to pay them and one to pay them.
They would be paid first, shareholders (equity holders) are last in line, to point out the obvious.
http://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf
You had a window directly to the court during the proceeding - ended almost 6 years ago.
I'd like to see you try to get that lawsuit going, good luck.
Open your wallet up, the secured creditors might have something to say.
Nice website, LCY is doing a great job with the technology they acquired through BioAmber's liquidation.
"Throw in the towel?" Are you crazy? We (Bioamber's shareholders) are about to get paid from KKR/Lcyb, take a look at their new website with Bioamber's technology and patents, (they owe us $) they have their new products and are ready to go public they stole 5 years of our lives to make them, we deserve $22+/share (why would KKR want lawsuits for cheating shareholders?)
Here is a billion dollar website because of Bioamber
https://www.lcycic.com/en
Isn't it almost six years that you have been saying that?
Have you given any thought as to when you might throw in the towel?
Before the 21st century is half gone? After?
Pretty lame answers too. Lmmfaoooo
Why even ask a known iFUD to explain anything?🤣 Just call them out for the 🤡's/🐍's they are and thank them for going overboard to let us know our shares are Golden. $BIOAQ
Why even ask a known iFUD to explain anything?🤣 Just call them out for the 🤡's/🐍's they are and thank them for going overboard to let us know our shares are Golden. $BIOAQ
You will be on America's or Canada's Greed show one day or 60 minutes with your amigos, Mcoy, etc., and you are the head of the mafia group with your clown photos degrading all of Bioamber's shareholders (shareholders have rights and they always win), $22+/share, it would be a lot more if the lawyers didn't chew this up for so many years
See Randomwalk007 post Biowin?
What are we, still $22 per share everyone's getting or has it increased ?
Seems about 1 year since anyone posted about BIOAQ share price related to a "complex transaction".
Wow, "compostable plastic". Must be some new, unheard of technology, never seen that before.
Good for Mitsui to make a profitable use, environmentally friendly product.
Mitsui's holdings in the former company are dead just like everyone else.
Former BioAmber owns no technology, sold in the liquidation process.
You already know that Biowin 🤡
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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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