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That’s how it shows for me. I’m disappointed in our employees and purchasers of our shares. Guess you can’t have all the things all the time. Since it’s free to keep all those shares right where they are that’s what I’ll do.
Bahahahahahaha
Is this stand up?
Yes indeed. 💯 agree with what you posted.
Congratulations to us and Majority holding strong !! 💰
I can’t believe you typed that. Unreal.
Yep if this were dead "forever", there would absolutely be NO NEED for them. Congratulations to us.
Once again you post things that have no basis in reality. If they were alive and well they would be attached to a legit running company, second even the corp has been voided for nonpayment of taxes. How do you think a deal for the shares could be made in your fabricated fantasy land deal when nobody works for FKA BioAmber? You do know one very basic but important item needed to affect any change in the corp right?
Should just start calling it Lioamber due to how much the good things coming crew lies to each other about a BS deal awaiting in the wind
Good morning BioAmber shareholders. Resident bashers are at it again today in full force. This would be posting non stop for 6 years everyday on a non trading stock like it’s their full time job. If they wanted to let us know how valuable our shares are they are going about it the right way. Keep posting…
Majority holding strong 💰
There is no one working there. There are no assets (at all) remaining. The value of the old NOLs is smaller than outstanding debt.
There is no indication whatsoever, nor possibility of any “reorganization”.
Shares are alive and well, this will be bigger than I thought! E Reorganization at its finest and it will be happening soon. Thing is, when it happens it could get ugly for pwc among others!
The CUSIP was suspended and the ticker deleted. They will never trade again. The issuer, BioAmber, Inc., had its corporate charter revoked by the state, so it isn't even a company on paper anymore and for years.
"Cancelled" is a distinction without a difference.
You’re definitely not as it was reported.
I wish you’d say what you actually believe rather than that you reject what was reported in ‘18.
I have a feeling were not playing along with the story $BIOAQ 🤣
This is from November of 2019 more than a year after everyone and everything is gone. Nothing since.
Are you saying people are standing around unpaid ready to announce their comeback with no assets or IP?
Cancelled the shares, Nah, not necessary.
They did one better. 🤭
The got rid of the company the shares & ticker were attached to through a court approved liquidation.
See how that works?
It makes total sense and with nothing for 6 years it’s pretty obvious.
The SISP failed so the monitor requested additional authority to liquidate in Canada where the company was not headquartered but where its main assets were. That authority was granted and all the employees resigned or were dismissed. Then it was liquidated. With no one left to cancel shares, the monitor told the investing public in its 10th report that it informed FINRA of the outcome and FINRA acted to end this.
If the CCAA liquidation expert Mr. D98 can give some insight please do. So we can play make it make sense.
What? No the monitor does not cancel shares.
The monitor could have easily had the share cancelled, and the nneeewwww.....
With a cusip number and not revoked by the sec.
I don’t believe it does. Mine are still in my account as well.
If you read the “literature” you’d know from the monitor that it told FINRA the outcome and FINRA permanently froze the shares. This is instead of those in power at the company winding down the company and canceling shares, because at the time this was done the employees were all gone.
Did you read the 10th report and the APA?
It’s the wording. The stock is dead due to liquidation. Now has no employees or assets. “The believe” the stock is dead? Is it not obviously dead?
Hmm..well I guess Pwc pick and chooses what company's shares are cancelled or suspended....for example......hmm...5.1.2! BIOAQ for the big win...And the NNNEEEEWWWWW....not cancelled...new shares...back royalties....complex restructuring/e reorganization...shares are safe and sound in my top movers, won't be much longer. Again I ask, where does it say in Bioaq Ccaa LIQUIDATION PROCESS that shares were cancelled?
Hmmm....so show me in the literature where it says cancelled.
what is it with the people obsessed with convincing people shares in their investment account don't actually exist?
for years after they believe the stock died. fascinating stuff
and yet shares are still in my account, and the shares have still merely been delisted.
https://robinhood.com/us/en/support/articles/corporate-actions-tracker/
i do so enjoy the spin, though :)
That’s a lot of money LCYB can go after but FKA BioAmber will be getting nothing lol. You should buy that report and post on the board
Yep I like to point out the facts
No need bud with the 100 mil of bad debt attached to them they are dead
The shares are dead due to the liquidations outcome. They do not need to be canceled as the company was liquidated, sold off all assets and was shut down years ago. Let’s not forget its nameless voided debt ridden shell too.
Makes no difference that the CUSIP was suspended as the shares are attached to a dead shell with 100 mil of debt attached to it
The shares are suspended, not canceled.
1 post a day as a result of doxing.
Yeah man they died in ‘19 after the events in ‘18.
Quick question.....have the shares been cancelled yet?
Forever! You too/two!
One thing is for sure and that is none of us telling you it’s over are wrong period. There is nothing that could “bite us” there are no agendas period.
Do any of you know anything at all about an insolvent PUBCO that was liquidated (FKA BioAmber)selling off all assets for less than 5% of its debt load leaving all its creditors impaired and none paid off. Terminating all of its employees back in 2018 as well as having its BOD resigned leaving the monitor to oversee the final stages of its liquidation and company shutdown over 5 years ago.
FINRA suspended the CUSIP and deleted the ticker due to the liquidations outcome.
None of you have even the slightest chance of ever getting a penny for your worthless shares ever. You have a chance to win the lottery but not getting paid for those shares. You will be bit by a Megalodon in your bathtub and still have no chance of a recovery here lol.
It is funny that some think there is a secret Cabal with an agenda trying to steal hundreds of millions from shareholders when the entire company only sold for $4.34 mil lol
What is it with these dumb attempts at offense? You’re out 100%. You can’t “win” here even in the tiniest way.
I have no right to judge others on their time who are judging me on my time?
How dumb can this get???
Bioamber owns PLA/PBS intellectual property
https://biomassmagazine.com/articles/natureworks-bioamber-create-jv-to-commercialize-new-biopolymers-7626
So all those companies that showcased their PLA polymer made products at "ChainaPLAS 2024, have licensed Bioamber's technology to make them, big names included, ExxonMobil, Westlake corporation, Basf, Lcy Chemical and many more. No wonder the legal firm is chasing us day and night for years for our shares, trying to convince us that they are worthless, we know Bioamber shares have huge value, lawyers with their helpers working hard to get them
https://pitchbook.com/profiles/company/119334-34#overview
https://www.sec.gov/Archives/edgar/data/1534287/000119312513148318/d442100dex1058.htm
I mean basic reading may infer the following from your statement -
-how long can you hold out = you have an agenda to adhere to and it includes waiting to be the last one out
-given said agenda and my collection of data on your website usage, it is clear there's a pattern
-Nothing since is the point, you're supposed to be silencing everything about $bioaq but be careful, it could bite ya.
-Ludicrous timeframes are fine - I mean, you've been brainlessly reporting here daily, multiple times a day, at all hours of the day using your McCoy login (or others). Again you have no right to judge others about their time. You're a bot or paid to be here. We'll just keep up this nonsense conversation again. We've been through this - You're here because I'm here and I'm here because you're here. Forever, or for at least about another 6 years as you're implying.
So it’s really a question for you. How long can you stomache “hopeful” posts as we get to even increasingly ludicrous time frames after liquidation with nothing since.
It’s not flawed at all. My “logic” is that liquidated means liquidated. 6 years later with nothing since, I’d say it’s a pretty safe bet they didn’t lie.
And I will wait until most folks accept this. Of course there is no choice.
Sorry.
You didn’t even read my post. Again, more evidence of poor reading comprehension. Keep fucking waiting - you've been here for 6 years now so another six sounds good! Your logic is incredibly flawed.
Why did you write “dead”?
Are you indicating that liquidation 6 years ago with nothing since is not sufficient proof for you that it’s dead?
everybody still posting about this "dead" stock? alrighty then
I just love the tirade of bashing posts from people that have bashed nonstop for 6 years everyday. Which would mean these non shareholders will post on their birthdays, vacations, holidays, sick days …Bwahahaha. The determination to tell us we are out of our $$$$ and the shares are dead is unreal. Thank you for proving me right today. Always can count on your posts everyday!!!
Don’t you just have to wonder why…eh? Bwahaha
Which is why Majority holding strong!! 💰
Majority of what may I ask?
The company was shut down in 2018, the liquidations outcome left the shares worthless and shareholders out of luck. Your stock isn’t worth the paper it can be printed on. The company that those worthless stocks are attached to is a nameless, voided empty debt ridden shell so are you happy to be a majority of that?
Neither do we as to why you think there is anything left for you but is what it is. I guess folks who over extend themselves just can’t admit they got scammed into buying worthless stock as if you bought anything after the liquidation was approved you were playing Russian roulette as to when it would all end.
Whoever was left holding and even dumb enough to be buying all the way up to the end really needs to learn a hell of a lot more about trading, liquidations of a PUBCO and the stock market in general. I can’t believe folks where buying up to the end as it was set in stone since Sept/October 2018 that BioAmber was gone, all the assets were gone and that the shares were going to end worthless and dead in the water. Just makes zero sense to me
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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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