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Thank you very much Sir once again for all your due diligence and leg work for all of us out here benefiting from your hard work. Can't thank you enough! can't wait till we get to cash it out of shares and make lots of money
Funny how everybody who says the shares will be cancelled to has zero evidence. Including yourself. Nobody has posted any factual evidence of the shows will be cancelled only the opposite has been proven with court documents.
Thank you very much for all that information and the time and work it took you to do that for all of us others that may not have the time. I really appreciate that and I'm sure a lot of other people do as well. I couldn't agree more that they will not say anything about the shares which is kind of weird because in most cases if they're going to be cancelled they're just going to go ahead and knock that out considering the value of shares that are out there.I apologize for any typos as I am voice texting I just wanted to express my gratitude
What did I miss about this timeline? I haven't been on here very much lately but about a week ago I saw somebody say this should be a fun 6 weeks. What do we get in 5 weeks? What kind of answer and from whom? Is the moderator going to do another report? Or sign off on the final report? Do you know a date? sorry for all the questions I just figured you probably knew. Thanks in advance anyone. I've been holding on long and I'm not going to sell at this point no matter what happens. I'm just curious to know if we really do have a date set that we will know if we actually get any money for sure
That's what I'm wondering. Visolis bought everything from what I've read. LCY wasn't in () when it stated the purchase. The monitors report stated something to the effect of lcy is purchasing a portion of the company assets. Which could be the plant that they intend on using for production. Also made me wonder when they said they were rehiring some of the employees. Maybe key employees 2 run the plant? Possible right? Or no? I'm still learning so much about the stock market this was a crazy run lol. This was the first stock I ever bought and my goodness have I learned a lot. If I get nothing monitarily the learning experience was worth my 18,000 shares bought low.
"Aurora shareholders just got a little richer"
Check this out. We all just made some money but I don't know how this works.. any input would be appreciated.
https://seekingalpha.com/article/4212751-aurora-shareholders-just-got-little-richer
And as you know all shareholders are also stakeholders but not all stakeholders are shareholders.BOOM ??
You must have missed the million times people have posted where the moderator said that a better offer was received and it is in the best interest of the stakeholders. There's no other way to interpret that but people seem to try to. I'm not going to say anything other than that. You can take it how you want it
My understanding now is anytime between now and the 27th or the 27th should be the deadline. But you know how these extensions have been going. I don't see any reason another extension what happened but you never know
Greatly appreciate your input
Bruce that would all make sense if there wasn't an ironclad purchase agreement.. there's nothing to hide anymore. Just like the last two people said why would they be trying to hide something that's negative information? Because there's no negative information there is positive information as the Canadian sales agreement stated.
Lol i may have lost a marble or two with this one lol. My wife is ready to throw my phone away because I'm constantly reading about it LOL. And the funny thing is this is the first stock I ever invested in LOL. Has really taught me a whole lot and from all the research I've done on this one I've learned more in the past 2 months then I think I could have any other way. Maybe 3 months. I really appreciate the info and hope you have a blessed weekend
Do you know if I october 9th is the day that they're actually going lift the seal so we can see what the whole deal was and what happens? Or maybe the 9th is just the beginning of a freaking long-drawn-out process to make us go crazy LOL
Does anyone know when they're going to lift the seal? Is that sometime in the beginning of October at this point right now? Just wondering if anyone knows of a stated date. I know it was the 27th and got pushed back and I'm hoping someone can save me a bunch of time answering it. Thanks in advance. Happy Trading
And you don't think from that quote PWC would be sued buy unlimited amount of people from misleading stakeholders or shareholders which shareholders are stakeholders because they could have sold and got out but PWC lied to them. There's no other way to interpret positive results and the quote that came from PWC and that paragraph below that you speak about. That's one of the reasons I'm still in. I don't know the first thing about law and I doubt that I could sue them because I live in the US but a bunch of Canadians could!!
Sorry man i can't pm you. Just Google the Canadian sales agreement (Definately not the contract terminology) or whatever it's called LOL. Sorry I can't remember the moment what you private message me but whatever it was it's just a simple Google search. I cannot believe more people have not done that. It pretty much spells it out in black and white Speaking stakeholders interest and their best interest to take the final offer
From everything I have read all shareholders are considered stakeholders but not all stakeholders are considered shareholders. You could be a stakeholder and have zero shares in the company. so we should be good because being a shareholder makes us a stakeholder. if you just Google stakeholder there's a few different very good sources that give thorough definitions and the ins-and-outs
Just Google it. There's tons of information online that's backed up by the Canadian government so you know it's true. Just literally search that and you'll be able to read and get your own perspective
News From May??
Just read the damn Canadian asset purchase agreement doc. That says it all and in favor of us share holders
everyone wondering about what is going on and what is to happen should read exactly what a Canadian asset purchase agreement actually is and what it will do for us share holders. It breaks it down pretty simple for you. IMHO this is not what was planned when liquidation started. I THINK at a later date is was decided to be an asset purchase agreement once they found their two bidders and one upped their anti. This is a good thing for us
I'll try and find some documents, but I'm super busy, and all I did is just read and read and read lots of different monitors reports and reports from PWC. I spent way too much time but kind of like broken clock found out all sorts of information that everyone else missed because they didn't read every single page two or three times. If I get time a little bit later on this evening I'll post some stuff. If you pm me your email I'll email you a few docs in PDF format just can't send PM's
That was just for the crap in the USA. I sold for over 400 million
Do a little dd amd find the company sold for 400,340,000
Boom
Share that puzzle piece
I'm missing please good Sir
Can you please share what you found this past Saturday when you sold and then bought back in? I'm on Eastern time and I know how you said you would post it tonight West Coast time LOL. I'm just dying with anxiety man please let us know what you found, pretty please
When, Thursday the 27th?
Thanks for sharing! I almost sold but decided to stick it out. Can't wait to see what you have to share. Have a blessed day!
I read the whole document but don't understand what page 15 actually means. I am ignorant to all this b/c I am only 2 months into playing in the stock market. Sorry for the ignorance just wondering if you could help me out a little ? IF it is a small answer
I was gonna hild put till the end bc I understand the company is purchasing and restructuring and or continuing operations so I assumed us shareholders would get some money. After reading this updated report I'm very leery. If anyone knows lots and lots of more than I do please share. See below for contradictions
"4. Recapitalisation. Bids can also be submitted for the recapitalisation of BioAmber (the
“Recapitalisation”), under which: (a) the Qualified Bidder (as defined below) would
subscribe to common shares of BioAmber (“Common Shares”) whether as part of a one step
or 2-step transaction; (b) if required by the Qualified Bidder, all currently outstanding shares
of BioAmber would be cancelled by way of amendments to its articles; (c) the net proceeds
of the Recapitalisation would be used to settle all or part of BioAmber’s outstanding.
A little further below
"(e) With respect to the Recapitalisation, it indicates the subscriber to the Common Shares
and the purchase price/subscription price offered for the Common Shares;
(the aggregate purchase price for the Assets or the purchase price/subscription price for
the Common Shares, as the case may be, and in both cases excluding any applicable duties
or taxes, being referred to as the “Purchase Price”
Mauby the wording excluding any applicable duties? Does that change everything Maybe
So in the same morning you have contradicted yourself and said that shareholders are getting paid weee then your last post says shareholders are getting nothing if we're holding you it advised to sell. Please explain this to me LOL
It clearly states that was their cash down payment of 10% i think 44.4 but dwf on pwc report 44 something
Hey 12 million bidis laughable. Has 100% not the final member. That is the down payment and cash as I remember reading an article in the past day or so. I could be wrong about the cash part but the 12 million is not with the company is being sold for. The patents are worth way more than that alone. do you realize how many other plants would have purchased it for more than 12 million? Have you read about the other deals that have been happening? With biotic plants being sold and bought?
Man you're so ignorant to believe that. There was a bid on the plant alone 1 facility building and everything in it for 70 million. That was more than a week ago if I remember correctly. We're going to see two to three hundred Mill
IMHO it very well could be determining the value of the intangibles. Determining how much the patents are worth and maybe even Trade Secrets. To my understanding a deal already has been struck this morning is just pending releasing the seal on the 27th. Maybe every detail was not worked out. please someone correct me if I'm way off base but I think a deal was done today.
I read today that they are still sealed till then. I don't know if that means we find out that day or on the 27th. I'm just going to plan on the 27th so my anxiety doesn't take over LOL
You're awesome! I really appreciate it and appreciate your understanding.. and thank you so much for leaving that voicemail. That's a genius idea and I guarantee you it may play a role in his decision on what he writes today if anything
Obviously but do you know if that is when the stock is revalued?
Not trying to be a jerk or lazy but I am super freaking busy as I'm sure many of you are. I understand the court made a decision today and has an extension until the 27th. Can anyone answer if the 27th is the day we will know how much this stock is going to revalue at?
I think that is the best written post I have ever read on a forum of any kind. Thank you so very much. I am only 2 months into trading and I think I ended up finding a diamond in the rough.
I can't thank you enough for your knowledge and research and hope all goes well with you. That post explained so much in terms that I could understand you don't even know how thankful I am. GO BIAOQ$$$$$$$$$
God Bless