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Anyone can move on, call your broker and forfeit the shares.
Bioamber BioChemicals..
What's the holdup?
BIOAMBER IS TOP 10 READ AND TOP 10 POSTED ON IHUB
HAHAHAH
SOOOOO WORTHLESS
DOESNT EVERYONE KNOW THE STOCK WAS "CANCELLED AND DEEMED WORTHLESS" IN NOVEMBER???
None of that should matter!
So why does it matter??
BIOAMBER IS OVER, TIME TO MOVE ON RIGHT?
BIOAMBER IS WORTHLESS, TIME TO KOVE ON RIGHT?
Shouldn't matter!
So why does it?
BIOAMBER IS APPARENTLY A WORTHLESS DEBT RIDDEN SHELL.
WHY SHOULD IT MATTER TO ANYONE???
THIS MAKES ZERO SENSE!!!
Hahahahahah "the judge severed the liens from the property"
OMGGGGGG
HAHAHAHAHAH
Thanks for the Heritage Tax advice bahahha
Knock knock
Who's there?
It's the MO EFFIN SEC
Hahahah registry was updated last week, shareholders who do DD knew that.
LOOK AT ALL THE ATTENTION A WORTHLESS DEBT RIDDEN EMPTY SHELL IS RECEIVING
THIS IS HILARIOUS
BAHAHAHHA
Hahahah wasting money for THE LAND REGISTRY OF A COMPANY that is WORTHLESS
PLEASE TELL US MORE
BAHAHAHHAHAHAH
Glad to see that even non shareholders pay for the Delaware corporation documents
Bahahahha
Hahahaha
Yet the board is more active than ever.... hmmm
Every other "dead" company people move on....
What's the attachment to BioAmber if it's dead?
No pump n dump is possible
So what's the attraction to a dead worthless debt ridden empty shell?
Hahahah and your point is???
Companies are still active
Shares are still intact
The residual claims of the secured and unsecured creditors of the Companies remain outstanding.
REMAIN OUSTANDING = NO EQUITY CANCELLED OR CORPORATIONS DISSOLVED
So why all the attention to BioAmber?
If it was worthless the attention should have stopped October 2018, but that's not the case.
Non disclosure agreement!!!
In order to recapitalize and purchase the shares the qualified bidder must first retain the assets in the "Liquidation Plan for BioAmber Sarnia Inc"
Was it "LIQUIDATION plan for BioAmber InC"..?
NOPE!
7:35 am monday in the USA. No mention of the cancellation fairytale from Delaware . Must be to complex for even them to comprehend. Wasnt it a done deal long ago ?
Fact ! The shares of BioAmber Inc remain intact and none of the BioAmber group of companies have been dissolved .
LOL!!
Good to see every move that LCY, LCYB, BIOA and any other company or subsidiary that starts with either LCY, KKR OR BIOA is being watched so closely...
I HOPE ITS NOT JUST A WASTE OF TIME AND PEOPLE HAVE A INTEREST IN THESE COMPANIES
LOL!!
Yes it is over!!
Why should bioamber matter!?!?!?
EXCEPT FOR BIOAMBER INC IF ONE WAS TO READ AN COMPREHEND
HOLLLLY EFFFF
Contracts are for 1,4 BDO and not BioSA
Disturbingly wrong opinion, thanks though
I suggest contracting the appropriate authority in Delaware if confusion still lingers about the "delaware hammer/dissolution/share cancellation" or w.e the newest FANTASY narrative is
LOGIC 101
We know from the Visolis LOI for Investment in BioAmber Inc that LCY have spent significant resources on this process...
Let's take a quote from the now pulled PR
No.
Visolis is not a owner of Sarnia and LCY Group put out a now pulled PR that stated they will continue production of BioSA at the facility for now...
Thanks for the opinion.
If one was the read and comprehend the CCAA's final judgement they would see this:
We can agree the Judge was speaking of BioAmber Inc Shareholders right?
Well CCAA is terminated and PWC has been discharged.
Also part of the "Visolis" APA hahah I cant even write that without laughing, states that all corporations bearing the name BioAmber must change their corporate name. Ofcourse BioAmber Inc the us entity is not included in this because it is where shares are attached.
So now that PWC has been discharged it is no longer their duty to change BioAmber Sarnia, BioAmber Canada or BioAmber BioChemicals corporate name...
Soooo who has the authority to do this now?
Simple you can contact Corporations Canada and they will give you a black and white answer. They have a 1-800 number or even an email you can contact them through.
ALL THREE OF A THE CANADIAN CORPORATIONS ARE CURRENTLY ACTIVE!!
Hahaha lets waste time daily on BioAmber.
Yes Sime Darby pulled out. Eric Rutten was on the BOD and jumped over to Visolis and he is currently looking for a CEO.
Remarkably Visolis B.V even took over Reverdias lease in Geleen Netherlands.
So let's see, Visolis takes over Reverdias Netherlands location and hires "ex" Verdezyne employees...
Let's keep in mind PWC Knew Reverdia would be dissolving HALF A YEAR PRIOR TO THE PUBLIC ANNOUNCEMENT!!
Then Visolis takes over BioAmber Inc's St Paul Minnesota location and hires BioAmber Employee Roger to be the head scientist.
Visolis has now come clean and got rid of anything that mentions they bought the canadian fermentation assets.
Let's not forget Paul Peterson becoming the VP of Sales for Visolis and staying with the company for a smooth commercial transition to new ownership hahahah
Investors in Verdezyne which held a fraction of the asset value of BioAmber were compensated handsomely. (GIVEN A FREAKING STAKE IN LCY BIOTECHNOLOGY HOLDINGS)
To assume that BioAmber shareholders will not be in the same boat is a gross misinterpretation of Business, M&A and THE LAW
Perfect you should be able to provide Verdezyne's bankruptcy filing then, should be a public document required by THE LAW.
While at it, maybe find out how OVP Venture Partners and Chad Waite are now shareholders and a director of LCY Biotechnology Holdings after OVP Venture Partners shut down in 2012 and was accepting NO NEW BUSINESS PLANS!
I'll give you a hint, OVP Venture Partners was a large investor in Verdezyne...
Govern yourself accordingly
Funny how zero link document or source can be provided except an opinion.
The address you are looking up is William E Radanys home address since he is the Founder/CEO and it's a requirement of THE LAW for him to post that.
So is LCY Biosciences and Nutrion committing fraud now? Is Vertubio?
DO BETTER DD!!
Interesting to hear claims saying LCY BioScience and Nutrition is also an empty shell. For some reason a US corporation that is the continuation of Verdezyne is so hard to understand.
I'll explain it in simple terms
The Sarnia Plant is owned by LCY Biosciences (Canada)
LCY Biosciences is owned by LCY Biotechnology Holdings (Canada)
LCY Biotechnology Holdings (Canada) is owned by LCY Chemical (taiwan), OVP Venture Partners and William E Radany.
William E Radany and OVP Venture Partners were shareholders of Verdezyne (US Delaware). They also conveniently decided to adopt a "liquidation plan" in May 2018... umm RED FLAG
William E Radany and OVP Venture Partners allong with some silent investors founded Vertubio (US Delaware). Nancy Oleski is also a founder/legal counsel. She is currently a director of LCY Biotechnology Holdings (Canada).
Vertubio (US Delaware) bought the entire lab, adipic acid pilot plant and some IP from the "liquidation plan". They moved it literally a few blocks up the road in June 2018... umm RED FLAG
Conveniently when the CCAA was originally going to end until Ronald Methhead and Crane LPP threw a wrench into the process and embarrassed all shareholders. LCY Chemical (taiwan) "acquired" Vertubio (US Delaware) in July 2019. The Corporate name was changed to LCY Biosciences and Nutrition. It is a far from empty delaware shell... umm FACT
In November 2019, William E Radany and OVP Venture Partners became shareholders of LCY Biotechnology Holdings.
One thing to note that could be a reason for the pulled PR.
LCY claims they acquired the Canadian assets... Visolis who is no longer anywhere to be seen has also been presenting at conferences everywhere that they acquired the Canadian assets... umm RED FLAG
That's right Visolis is not a shareholder of any of the corporations and even Erik Rutten (ex DSM/investor and director of Verdezyne) claims visolis no longer has Canadian fermentation assets.... umm RED FLAG
FACT over $35million CAD of that was for steam and Royalties obligations which they no longer have...
Try better
FACT LCY Biosciences and Nutrition IS a US Delaware corporation!!
FACT William Radany is a shareholder of the canadian LCY Biotechnology Holdings and Nancy Oleski is a director/legal counsel.
FACT who is the owner of LCY Biosciences, LCY Biotechnology Holdings!!!
Wowowzaaaa look at those connections
Thanks but some crucial elements have been skipped over. BioAmber has a minimum $320M of net operating losses. So even if it did provide a max of $67.2M of actual tax reduction. It's in USD!!!
BioAmbers Canadian debt post CCAA/Chapter is roughly $60M CAD or $45.8M USD based on today exchange... that's a minimum of $20M USD difference
So let's try and do better math.
Vertubio which LCY acquired and turned into LCY Biosciences and Nutrition is a US company!! FACT
IRS doesnt have to ignore any rules, that's nonsense.... is LCY going to continue producing BioSA... YES
So Continuity of Business is there.
Thanks for the opinion
CHAPTER 11 WAS DISMISSED AND TERMINATED OVER A YEAR AGO
HOLLLLLLYYYY EFFFFF
Why wouldn't PWC, The canadian Judge, The USA Judge, the SEC and the Delaware Hammer just cancel and dissolve the corporation in the past 2 years to make it Black and White for everyone....!
Oh wait they did!!!
No corporations dissolved!!
No shares dissolved!
Amazing when one can read AND comprehend documents and the legal procesa