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Nice try but but...it was delisted 11/2019
Yes but liquidated almost 6 years ago. There has been no assets or employees for almost 6 years.
Great for BIOAMBER: delisted>5 yrs
Great news for LCY!
Bioamber “shareholders” are not involved.
Bowling Lee said, 9 hours ago!!
Lcy is set to undergo a cruicial transformation this year
https://www.linkedin.com/company/lcy
Their website is ready and so are Bioamber's shareholders
They conned you. They are just telling you that.
Those idiots were posting insane off topic garbage. Remember that technically anyone saying this isn’t dead is off topic.
NO ONE with a brain believes something is happening after 6 years with no employees, no assets and the value of the NOLs less than the outstanding debt.
No. Your team only wishes. I know them All. Far too many have been silenced & many others like myself heavily restricted.
No one believes your useless 🐍 shtick
And the Nneeewwww....e reorganization...shares....back royalties...delisted on the way to relisting....
No, most or all of those guys gave up.
It has been 6 years since there has been a single employee or substantial asset at this company.
And as you know well- the NOLs are worth less than the outstanding debt.
Wow! Lots of convo today between the few unsilenced shareholders & the fully unrestricted 🐍 legal team & FUD partners.
Every day they are obsessed with our $BIOAQ shares & nothing but our shares.
Defensive? Please explain.
SEE????? DEFENSIVE AS FUCK!
These shareholders are fuking stupid.
Some days you say you realize it’s over, other days you don’t. As long as you act like it’s “up in the air” you’ll likely be rebutted.
YEP! I have told these fake ass defenders that I DGAF about BioAmber and they still reply to me. Waaaaay too defensive!!!!!! For the average bear.
He didn’t miss it at all, nor did the person who drafted it- as it was subsequently clarified in the next sentence exactly the assets that were sold.
Quote: " I've moved beyond it." - It's good to know you've accepted your fate.
Not that you had a choice, no script, all documented on court papers.
I took the position that when the 5 year mark arrived I'd stop posting.
However, there are some that seem to think they know more than the judges so my service here is both free & indefinite.
I'll hang out just for everyone else's enjoyment. When the douche-baggerie stops, then I will find other things to do with my free time.
Until then, I'm all yours.
Lots of talking for one point you missed, "of certain of" which is terrible translation. Why so incredibly defensive? I don't care how much it owed debtors, I don't care about IP, assets, etc. I've moved beyond it. What about you? Are you and McBot going to continue spending your free time coming here and sticking to your scripts?
Yeah it got batted down by 2 people.
I wouldn’t call that “touching a nerve” but I wouldn’t say it’s possible to reverse a liquidation 6 years later when there are no employees or assets of any kind, either.
Bwahahahaha looks like I touched a nerve with my last post. I wonder why. Lol
Majority holding strong $$$$$$$
You might want to read the next line that defines certain aspects of All of the companies assets
On October 22, 2018, the Company completed the sale of certain of its assets to LCY Biotechnology Inc. (previously 9384-3076 Québec Inc.). These assets comprised all of the Company’s assets, save and except for the cash, accounts receivable and inventory of the Company, and also excluded certain U.S. based office equipment.
What are you a shareholder of? BioAmber no longer exists as it was shut down in 2018 when all of its employees were let go and its BOD resigned.
I see some former shareholders posting too. As it’s dead from liquidation/ticker deletion etc etc etc.
Non shareholders posting a lot on a Friday. Makes me feel good that our shares are so important that they post like it’s a full time job. These shares aren’t even trading right now so why so much effort to post everyday for 6 years 7 days a week?
$$$$$$$$$
Majority holding strong!!
I sincerely hope you're not trying to enlighten me with your comprehension skills.
The "certain assets" have already been clearly defined.
Also clearly defined, your shares remain with Delaware 4612067, you remember what that is, yes?
That is the former company that used to (past tense) own & carry out business under the trade name BioAmber.
That trade name was sold as part of those "certain assets" (All assets) along with the intangibles, IP and everything else.
Also clearly defined, the former company no longer has an exchange listing, or ticker & has had it's cusip identifier suspended due to bankruptcy liquidation.
I would imagine that causes a few "complications" for former shareholders expecting a payout.🤔
With all due respect, ignoring the secured creditors were left impaired at the completion of the liquidation process to the tune of +$101,000,000 plus in outstanding money owed.
🤷
You know the next sentence said it comprised all of the companies assets except for some office furniture, right?
I don’t get it- you say you know this is dead but then you throw out this brutally debunked snippet form ‘18 as if there is a chance?
You’re both lying.
There is no way anyone is dumb enough to believe that. No way.
as long as this translator does better than, "the sale of certain of its assets to LCY Biotechnology Inc. (previously 9384-3076 Québec Inc.)" cause it's an ugly translation. Can you take some time to work on phonological skills with McBot? They're the ones who can't / don't read.
You were talking about reading.
Everything you desire has already been posted on this board, multiple times.
Coming up on 6 years post liquidation, maybe it's time to actually read?
Perhaps a translator, for simpleton's speak?
I am feeling very good about bioaq today!
Truly fine stuff. You’re out 100% of course but this is great.
Wait, green eggs and ham?
Is this some kind of joke?
This response is baffling,
shrouded in smoke!
Where's the precedent?
The case law to cite?
This whimsical language just isn't airtight!
Perhaps a translator,
for simpleton's speak?
Is this some childish game,
a lawyer you seek?
I demand clarity,
devoid of these rhymes!
Get to the point, human,
and abandon these limes! (Lines, but limes feels more insulting). ;)
Go back and read or live without knowing my purpose on the board. Your problem, not mine. S-U-N spells sun, C-A-T spells CAT, and B-A-R spells BAR, am I right? ;)
It’s all gibberish.
Either summarize or there isn’t much choice than to say you don’t want the duped to be forced to accept the truth.
Go back and read.
Your “opinion” is trash. You’re out 100% and reduced to lying about it.
Just a note to state the obvious- brokers are not given secret transaction information that the investing public does not have, that they drop in “hints” and “clues”.
The last ever action on this occurred in ‘18.
Been like that forever
they're really trying hard with multi-emoticon reactions. must be striking a nerve.
has to be disheartening to spend so much time here with nothing to show for it.
hopefully their law firms are giving them a raise though, lots of dedication
sweet opinions, thanks for sharing!
ohhh, and we're getting the crazy smilie too, must have really struck a nerve pointing out Schawb is making a point to tell its users they don't know what's going on
I've been clear on my purpose here, bot. You're the one not paying attention and that is your problem to deal with.
No, I never said the broker was full of shit.
I said, all of you were full of shit.🤡
Clarity goes a long way.
Quote: "Lmmfaoooo again and again "
These bashers said a long time ago, that broker is full of shit!
Lmmfaoooo again and again
new footnote next to BIOAQ on Schwab, "the quote and market value displayed for this position are based on the most recent market quote available and may not reflect current conditions."
dead stock adding disclaimers that the 0.00 may not be accurate. looking forward to the clowns giving clown reactions.
Perplexed, right?
Let logic win, you mean like the court's decision & judge's signature, in two different countries?
I realize you're a little slow so I will type it in bold.
Just read the words in bold slowly, you might get it eventually.
NO ONE CARES ABOUT YOUR SHARES - THEY'RE DEAD & THEY'RE YOURS FOREVER..
FKA bioaq / Insolvent BioAmber - http://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf
Not that it hasn't been stated & explained a hundred times on this board already.
You can’t give up your shares so all are holding.
Odd to call someone dumb while not understanding the foregoing.
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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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