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Thanks.
What did it finally take for you?
😂😅🤡🤣😂🤪🤮..."soon"....LOLOL 🤣😂
All those memories. You did a good job. Thanks 💋
This company is not restructuring, there is no one there.
Correct we will be rich soon, good companies take years to restructure their business and increase share value, if they can pay you and others from legal firm a $100 per post, our shares must also have a value up to $100/share is very possible, that's why the mafia group (law firm) want our Bioamber shares
http://amore.ng/worldwide/15/newest-succinic-acid-marketanqing-hexing-chemical-anhui-sunsing-chemicals-co-ltd-bioamber/
Nice. Question for you: is it possible that since they announced this was liquidated in 2018 with nothing since, that that’s bad and there is no value here?
Imagine if you were being paid… you’d have 20k posts… kudos to you for truly sticking to the task for nothing other than to “see what it takes”… honestly you’re making your mark in history for sure…
There is nothing to be achieved. The outcome was complete 6 years ago. Nothing since, of course!
Board readers have tuned out of their repetitive desperate messages. Yawn!! Whatever they were trying to achieve failed ! Maybe board readers saw thru the 365/ 7 days a week for 6 years non-stop posting. Pure desperation hidden agenda ! We know where we stand. Majority holding strong
Good to see everyone hard at work!!!!!
The Judge first ordered the sale of Bioamber as a going concern - but no one was willing to take on the Bioamber debt.
You lack a fundamental understanding of Corporate Bankruptcy laws.
As there wasn't any bidders for Bioamber as a going concern and then the Judge ordered a liquidation.
First many posted the NOLs were extremely valuable but they only had value if Bioamber was acquired as a going concern - they could not be acquired separately.
In the liquidation - only the secured and unsecured creditors voted to accept the bid - the equity holders don't vote.
If you had looked at the hierarchy of who is paid first and last.
What is the Hierarchy of Claims Under the Absolute Priority Rule?
In a Corporate bankruptcy, creditors are paid in a predetermined order based on their status as creditors to the debtor. The order of payment is as follows:
Secured creditors
Paid first because they take less risk, as their credit is usually backed by collateral
Priority debts
Paid before other commitments, such as credit card balances and medical bills
Unsecured creditors
Divided between preferred and non-preferred, with certain unclaimed creditors like employees and tax agencies given priority
Equity holders
Paid last, and may not receive anything if the company assets are not enough to pay creditors and shareholders
The secured and unsecured creditors were impaired - so the Equity holders receive nothing.
The biowin nonsense about secret NDAs - secret deals are more delusional thinking - that would be Bankruptcy fraud.
And anything with the Patents etc is meaningless because shareholders hold no claims other than the stock they own because it is worthless - the CUSIP number was suspended - the BIOAQ symbol was deleted - the stock can't be bought or sold you own dead certs.
IG
But I have seen the true believers post delusional nonsense such as:
"biowin
Thursday, 04/08/2021 1:49:54 PM
Nothing less than $100/share, huge value, too much info, too many big chemical companies joint with bioambers technology, we should be rich in 2 To 3 months. The revolution in bio products is ready to take off with our shares$$$
The post is thoughtless - and what happened to the - "we should be rich in 2 To 3 months". Let me guess it will really be in just 2 to 3 months - the wishful thinking can last for another 5 years and the true believers will still be posting delusional nonsense - the fka BIOAQ board has provided a great deal of amusement. The best comedy from the true believers on iHub.
IG
What terrible people they must be. Sniffing around us like dogs. Haha.
Majority holding strong !
Yes it will be much much longer.
You also have effectively 0 shares.
Don't worry mr/ms 8613....won't be much long. But, 8613 posts 0 shares=???
And the neeeewwww........shares,royalties.....
Compensated by who? Why?
Volunteers is an optimistic way to characterize. They are compensated so by definition they are employees. Your employees in fact. Personally I’d be willing to let them have Sunday off if they all sound off for roll call in the next 7 minutes.
Hey-
Here is a note where you predicted something was happening 4 years ago:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=155547227
Here is another where you predicted something was happening 3 years ago:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=165486411
And here is a note where you are thanking someone who quite literally conned you:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=167335455
When does the bad faith nonsense stop?
It seems to be very important to be here every day.
The miserable poster you are addressing allows me every day to ask how his “theory” - a reverse triangular merger, could be happening to a company completely liquidated 6 years ago with nothing since including required filings, with the value of its NOLs way less than its outstanding debt. He has no choice but to allow this because he obviously has no response. He is forced to choke and choke and choke on this.
What are you doing?
They be still worried and talking to themselves for life I guess.
By choice though.
How’s that reverse triangular merger going with the company whose NOLs are dwarfed by its debt at the time every left 6 years ago FiltertheTruth?
Good morning Shareholders and Ho-azz 🐍$BIOAQ
There are no shareholders as this was liquidated in ‘18. We’re all on the same level of volunteering on this anonymous board.
What will it take?
Note: volunteers are non shareholders only while hating on real shareholders along the way.
Thanks for volunteering while out 100%!
Happy Friday, another beautiful day to volunteer our time talking about $bioaq the former, the tradename, the NewCo/lcyb version of bioaq, etc. Whatever you want to talk about, though keep in mind that the reading comprehension level of some folks is very limited, so one may need to accommodate for the underdeveloped.
Bioamber announced that it went out of business back in ‘18. In that it hasn’t been heard from since in any way, it would seem “stupid” to assert anyone is “holding strong” as if it has any value. Not to mention (though it’s been mentioned many times with of course no response) that there is no way to sell these dead shares.
Good morning BioAmber shareholders!
Majority holding strong!!
Tonocrap just shat all over the board.5 Posts WOW. He must really care about our shares!! $BIOAQ
I haven’t heard anyone use that phrase in years. Roofer? Commercial or Residential
If you seriously believe that then I truly see how you got scammed here
What are you a majority shareholder of other than a voided no name corp with $100 mil of debt attached to it? So is that a good thing now a days?
Because you still own stock in a publicly liquidated company even though you had a year plus to try and sell it after the liquidation was announced. From September 2018 when the liquidation was announced you should have tried to sell asap as it was always going to end in your holdings being worthless once the music stopped.
What certain assets? The APA told you what assets were left. LCYB purchased everything the plant and land, the IP, all the tech, the trademarks, trade name and everything else of value save and except for the cash, AR, Inventory and some office furniture located in the US. They also did not want any of the contracts assigned so third party tech was not assigned either. They also did not want or purchase the shares as that would have been monumentally stupid as they would be on the hook for the $100 mil of unpaid debt lol.
So this make believe fairytale Newco has no assets left to speak of lol.
Where did you come up with this fake Newco anyway?
I can't believe there are investors that are so naive and gullible that they believe their BIOAQ has any value.
Has any of the management contacted shareholders - and who is management?
What is the value of your BIOAQ stock in your trading account?
Why don't you post your DD that proves your stock has any value. Don't post articles or press releases like biowin does.
Use AI to do a deep dive on Bioamber shareholders and how much is there stock worth.
The Shareholders still posting invested more than they could afford to lose and are praying for a miracle.
This is like UOIP I told investors they would never receive a penny from the Patent Infringement lawsuit - it was settled and the shareholders received nothing a few are still posting.
BIOAQ shareholders will never receive a penny.
You can post 5 more years but you still have lost your entire investment.
IG
Time for the afternoon headcount which falls under the purview of management. Employees, announce yourselves and if you’re long the con or short the stock. Remember, you work for us. You’re here because we are. If you weren’t here we’d still be here.
Bahahahahahahahahaha
You guys! Seriously.
Yep certain assets is all the newco needs.
Nobody sells fine until it's time.
Hahaha. They are a total embarrassment!!
Didn’t perform? You’re reduced to posters only commentary, which is the same as an admission you have no argument.
I suggest they go a different direction. These employees didn’t perform and need to be fired. Hahaha.
Cassels finest & the iFUD. What a team $BIOAQ
It’s ridiculous how they keep posting everyday for 6 years on a non tradable stock. Very laughable indeed !
Majority holding strong
What exchange are they traded on?
What is the value of the stock in your account.
BioAmber's CUSIP number 09072Q106 is no longer active. BioAmber filed for bankruptcy protection in 2018 and was subsequently liquidated under the Canadian Companies' Creditors Arrangement Act (CCAA).
The key points regarding the status of BioAmber's CUSIP are:
BioAmber ceased operations in August 2018 after failing to secure additional financing.
In November 2019, the Financial Industry Regulatory Authority (FINRA) officially suspended BioAmber's CUSIP registration, indicating the shares were worthless.
FINRA deleted BioAmber's ticker symbol on November 21, 2019, marking the completion of the company's liquidation.
PricewaterhouseCoopers (PwC), the court-appointed monitor, confirmed in a February 2019 report that BioAmber's common shares had no value and would be cancelled.
Therefore, while 09072Q106 was previously BioAmber's active CUSIP number when it was a publicly traded company
The CUSIP number is no longer a valid identifier following BioAmber's bankruptcy and dissolution.
But you should keep believing the BIOAQ stock has some value.
IG
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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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