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That’s another lie. The spac was shut down in December 2022. The shares have already been redeemed by the actual KAHC shareholders. They voted on a couple different items and then closed out the spac.
So no there was no extension used. Post the actual filing
I never said there was one. There will never be one as the BOD was gone. There doesn’t need to be one as the shares are worthless due to the outcome of the liquidation
You on the other hand lied and said the shares will be bought in 10 days for $1.4 billion plus 48 mil in interest. You said it was in the filings and that is a lie.
No you have 2 types. The clueless liars who say more is coming and the truth tellers who say it ended back in 2018
You said this
“Ten business days from today the Bioamber shares will be bought out 1.4B +48M interest, in trust, the sec filings don't lie but lawyers do, Bioamber shares are you life which you claim are dead”
So where is it the filings? Your assumptions mean exactly nothing. You did not post anything here or the KAHC board that shows what you’re claiming.
So looks like another report from a timeframe when BioAmber was still alive. It’s just a market research report lol.
Where is the SEC filing showing the 1.4 mil plus 48 mil share buyout LOL
I have a question what assets were not transferred? According to the final 8k and the APA ALL of the assets were sold to LCYB except for the cash, AR, inventory, some office furniture located in the US and none of the contracts were wanted. All of the IP, patents and tech, trade names, trademarks, plant and land as well as everything of value was vested to LCYB free and clear.
I know that there is no second transaction as that would be bankruptcy fraud but what assets do you think are still left? I would think the creditors would want the funds for those assets lol.
I really can’t believe a functioning adult would think that there could be a secret transaction in the liquidation of a PUBCO.
Please please please get the lawsuit started!! I just wish I could see the lawyers face or hear his thoughts as you tell him your story LMFAO!!!
How can you type all that garbage when it’s a complete lie? No way an attorney would take that case and make himself look like an incompetent moron. Outside of the FKA BIOAMBER shareholders the rest of the world knows it ended years ago lol
Don’t let that stop you though I’m being serious please go attempt to file suit against us bashers!!!!!
“from all previous shareholders or is there a conflict of interest? Shouldn't be - it's closed and done”
Now you’re getting it. Keep your shares forever as a reminder that insolvent liquidated companies who only get about 5% of their total liabilities from ALL of their assets don’t come back to pay their former shareholders millions of dollars no matter how many times the DD Fabrication team said it will!!
Shares still worthless crazy!!
What’s even crazier is the fact that the shares supposedly sold with out the shareholders, the SEC, the state of Delaware, the judges, the creditors their lawyers or anyone else’s knowledge or approval.
5 years plus past the liquidations approval and that super secret second deal still not even a hint of it. Funny how not one scrap of information has gotten out in 5 plus years!! I mean all those people that know about it and not one single shred of info about it sounds a bit odd lol!!
It’s only a few astute shareholders who pieced together the clues
Sure that sounds legit lol!!
No I didn’t.
Can FKA BioAmber shareholders ever receive any type of monetary compensation for their worthless FKA BioAmber shares?
Simple question that only requires a yes or no answer. One is the truth and one is a lie. Surely you can answer this.
I don’t look passionate about anything. I simply posted the information FINRA put up.
The information shows there is no NSS position in MMTLP. MMTLP itself says all of the shares were accounted for and FINRA says there was a minuscule amount of short shares.
So is it another conspiracy lol. DBMM doesn’t have a single share naked shorted and I bet there are barely any if any shorted period. Nobody is going to short a stock sitting at .0029 LMFAO!! Nobody is shorting sup penny stocks.
What you have here are peeps who got suckered in and stuck crying NSS in an attempt to sell their DBMM bags off to the next sucker nothing more nothing less.
As cool as it is to cry about some secret cabal of naked shorters holding little DBMM back and the MOASS coming it will never ever happen and that’s a FACT
That’s not fair now you’re giving the Whopper a bad name LOL!!
Truth needs no pitch LMFAO!! You wouldn’t know the truth if you fell into it face first. There is a reason I and others say the exact same things and don’t change our stories when dates pass or to suit the narrative of the day. That reason is simple THE TRUTH NEVER CHANGES.
Sure sit here and wait. Yep those worthless shares are yours no argument there and you’re stuck with them at $0.00 forever hope you’re so warm and fuzzy inside about it! I know I would be proud of owning a bunch of worthless stock in a dead company. That value of $0.00 will never change so enjoy them
There is no disagreement that continues at all.
These facts are undeniable:
FKA BioAmber was liquidated selling off all of its assets except for the cash, AR, inventory and some office furniture located in the US for $4.34 mil which was about 5% of its total liabilities leaving all of its creditors impaired FACT
This was all approved by 2 federal judges over 5 years ago FACT
The monitor was discharged just about 4 years ago FACT
There is no chance LCY or anyone else going public has anything to do with dead defunct FKA BioAmber FACT
LCY already owns all of the tangible and intangible assets of FKA BioAmber free and clear FACT
There is no open short position FACT
Any open short position closed out years ago with no need to buyback or turn in shares. All that was needed was proof of a $0.00 value, no trading platform, the court docs, sec filings PWC reports. I
The shares do not need to be canceled as the outcome of the liquidation rendered them worthless FACT
There is no way back from the FINRA CUSIP suspension and ticket deletion FACT
Does it feel good to come on here and lie with complete nonsense like the post I am responding to? You know that soon enough you will be outed as a complete liar as nothing will ever change here at FKA. BioAmber.
Do continue to make up completely useless posts to keep the Daddaboys baffled with bullchit.
Can you post the SEC filing showing that please. I’m sure it states it exactly right? Does it say BioAmber shares will be bought out for 1.4 billion plus 48 million in interest?
What will you do when it never happens? I’m guessing this is from the SPAC that was wound up last December according to the filings.
Why post things like that knowing they are 100% false?
Why do you flat out lie? Why not just admit you don’t have a clue what you’re talking about like a man? You will be outed as a liar in the long run because nothing you post true. Take for example the nonsense you just posted.
It’s nothing but made up BS. Someday everyone will see the truth. Will it be worth it to be outed as a complete liar?
There was no legal clock started about LCY or anyone else. LCY could have gone public during the liquidation, on the day of PWCs discharge, 6 months later, 2 years later, yesterday, today or a month from now and it would change nothing for FKA BioAmber shareholders. Hell they could have gone public, delisted and gone public again 20 times since the discharge and do you know why??? It’s because:
LCY HAS NOTHING TO DO WITH FKA BioAmber shareholders. Yes LCY does own all of the BioAmber assets with Visolis but that has nothing to do with any of you as you don’t own shares in LCY and LCY, LCYB nor Visolis wanted your nasty ratty FKA BioAmber shares LMFAO!!
Why do you continually lie and try to cover it up baffling them with bullchit?
The shares have been worthless for over 4 years officially since PWC was discharged and FINRA deleted the ticker and suspended the CUSIP. All anyone had to do is show the court docs, monitors reports, final 8 k and or FINRAS actions to close their short positions. No shares had to be bought or returned as for one they are worthless with a zero value and no chance of recovery and two have no trading platform and never will again. There was barely any short interest and about 45,000 ftds at the time trading ended anyway lol.
Why do you continually lie and try to cover it up baffling them with bullchit?
“The shorts are stuck. That is the simplest answer. And brokers require shares in order to release funds being held as collateral in stuck short's accounts. The only way to get actual shares is for shareholders to voluntarily forfeit them through a tax loss. And those shares will remain in existence.
The official (aka, legal) Discharge Certificate was filed on December 23, 2019. That started a legal clock. If LCY (or anyone) broadcasted any agreements to go public within five years, or otherwise execute on an "arrangement", what date would it put that occurring by? “
The only ones stuck are holding FKA BioAmbers worthless shares as they are dead forever. Please keep your shares to remind oneself that lying is bad karma.
Why do you continually lie and try to cover it up baffling them with bullchit?
Warren Buffets Golden Rule
1: Never lose money. Rule No. 2: Never forget Rule No. 1.
If you read through the link I posted FINRA has answered a lot of questions and put up quite a bit of information. It really is a good read
From same article
Some have asked whether “blue sheet” data could be used to conduct an audit of the Next Bridge / MMTLP share count. Blue sheet data is a regulatory tool that FINRA and SEC examination and investigation teams obtain by requesting detailed transaction data from clearing broker-dealers for a specific security for specified dates.9 Blue sheet data reflects transactions made by individuals or entities that executed trades in a specific security on specific dates, but it does not identify the position held in a specific security on a specific date by any person or entity. Further, blue sheet data does not contain information about whether or how a short position was “covered” with a purchase or borrow of shares or whether a short sale is “naked.” For example, if an account purchased 5,000 shares of a security on February 1, 2023, and the account previously had a short position of 3,000 shares, blue sheet data requested for February 1, 2023, would show only that there was a buy transaction of 5,000 shares on February 1, 2023, but not whether the account was closing out the short position, nor that the account held a long position of 2,000 shares following the purchase.
Similarly, if an account sold short 1,000 shares of a security on February 1, 2023, and the account previously had a short position of 1,000 shares, blue sheet data requested for February 1, 2023, would show only that there was a short sale of 1,000 shares on February 1, 2023, but would not show that the account increased its short position to 2,000 shares; nor would it indicate attributes such as whether there was a locate, if the short sale was “naked,” or if delivery occurred on settlement date.
Accordingly, blue sheet data does not contain information that would allow FINRA to determine the beneficial owners of all MMTLP shares or that those owners were correctly reflected in the issuer’s security holder records. Moreover, blue sheet data contains sensitive trading and personal data, and FINRA strictly limits access to blue sheet data internally to maintain its confidentiality.10
Exactly the only ones crying that there is a huge NSS position are the ones stuck with shares trying to get out.
FINRA will never release it to anyone but the SEC. FINRA just stated there were no naked shorts and only a very tiny percentage .03% of the outstanding shares was short.
The internet conspiracy theorists are the ones making up the fake NSS position as usual. Same here at DBMM the fake NSS positions is just that FAKE
“FINRA has found no evidence that there was significant naked short selling in MMTLP at the end of its trading, which appears to run counter to the social media claims regarding “counterfeit shares.” The SEC did not publish FTD data for MMTLP for December 12 because transactions in MMTLP executed on the last day of its trading—December 8—were not cleared through CNS. However, FTDs as of December 9 were very low—215,238 shares. In addition, while CNS FTD data is not available for transactions in MMTLP due to settle on December 12, FINRA estimates that a very small number (0.03% of MMTLP’s total shares outstanding) of the short positions in MMTLP as of December 12, 2022, would have potentially resulted in FTDs. Broker-dealers had stock borrows or margin securities available to cover almost 100% of the open short positions. “
MMTLP has? According to this info on FINRA it seems all the shares are accounted for and distributed
https://www.finra.org/investors/insights/supplemental-faq-mmtlp-corporate-action-and-trading-halt
So where is there and LCY rep stating they are going public by tomorrow?
Where does it say it involves the dead BioAmber shares if they did go public LMFAO!!
Now why would LCY involve a bunch of worthless shares and their holders from a dead defunct company as in FKA BioAmber? Man it’s getting desperate I see as no way in hell LCY will ever pay FKA BioAmber shareholders anything
First the KAHC Spac ended last December and you would see that if you read down the page to 8.01
There is no deadline for 12-19-2023 as the Spac ended last December with the share redemption paid last year
Item 8.01
Other Events.
As a result of receiving stockholder approval of the foregoing proposals at the Special Meeting, the Company is proceeding with its previously announced intention to accelerate its business combination deadline to December 14, 2022, which date was the last date of trading of the Company’s securities on The New York Stock Exchange. After giving effect to the Company’s redemption of holders of Class A common stock that submitted a redemption election in connection with the Special Meeting, the mandatory redemption date for holders of any remaining outstanding shares of the Company’s Class A common stock, including shares that were included in the units issued in the Company’s initial public offering, will occur on or around December 23, 2022, and such shares of Class A common stock redeemed on the mandatory redemption date will receive a per share redemption price of approximately $10.08 to be paid from the Company’s trust account. Holders of the Company’s Class B shares will not receive any liquidating distribution from the Company’s trust account. The Company will complete its dissolution and liquidation in accordance with the terms of its amended and restated certificate of incorporation, as amended, and Delaware law.
That screen capture means absolutely nothing. So where is there a message from someone at LCY stating it? Even if LCY would go public it has nothing to do with FKA BioAmber.
You got nothing coming lol. Stating the actual facts is not bashing. It’s the truth which doesn’t change.
I get you need someone to be mad at but it’s not my fault you don’t have a clue how any of this works. You shouldn’t have invested then so your loss is your fault. Next time learn the process, do your own DD and maybe just maybe you won’t get conned into buying a worthless stock from a liquidated company.
So you lied on this board too lol
You need to learn how to read. The SPAC closed last year. You just have to read the entire doc
Item 8.01
Other Events.
As a result of receiving stockholder approval of the foregoing proposals at the Special Meeting, the Company is proceeding with its previously announced intention to accelerate its business combination deadline to December 14, 2022, which date was the last date of trading of the Company’s securities on The New York Stock Exchange. After giving effect to the Company’s redemption of holders of Class A common stock that submitted a redemption election in connection with the Special Meeting, the mandatory redemption date for holders of any remaining outstanding shares of the Company’s Class A common stock, including shares that were included in the units issued in the Company’s initial public offering, will occur on or around December 23, 2022, and such shares of Class A common stock redeemed on the mandatory redemption date will receive a per share redemption price of approximately $10.08 to be paid from the Company’s trust account. Holders of the Company’s Class B shares will not receive any liquidating distribution from the Company’s trust account. The Company will complete its dissolution and liquidation in accordance with the terms of its amended and restated certificate of incorporation, as amended, and Delaware law.
Next time read down further. The SPAC ended last year
“Item 8.01
Other Events.
As a result of receiving stockholder approval of the foregoing proposals at the Special Meeting, the Company is proceeding with its previously announced intention to accelerate its business combination deadline to December 14, 2022, which date was the last date of trading of the Company’s securities on The New York Stock Exchange. After giving effect to the Company’s redemption of holders of Class A common stock that submitted a redemption election in connection with the Special Meeting, the mandatory redemption date for holders of any remaining outstanding shares of the Company’s Class A common stock, including shares that were included in the units issued in the Company’s initial public offering, will occur on or around December 23, 2022, and such shares of Class A common stock redeemed on the mandatory redemption date will receive a per share redemption price of approximately $10.08 to be paid from the Company’s trust account. Holders of the Company’s Class B shares will not receive any liquidating distribution from the Company’s trust account. The Company will complete its dissolution and liquidation in accordance with the terms of its amended and restated certificate of incorporation, as amended, and Delaware law.”
Did you even read the link you posted? The Spac Was wound up last December. Yes it was voted on to extend and it was also voted on to accelerate the date and wind up the SPAC. The SPAC stopped trading last December and was wound up. The redemption of shares occurred last year.
There is nothing coming on the 19th or any other date. The SPAC was closed last year already.
“As a result of receiving stockholder approval of the foregoing proposals at the Special Meeting, the Company is proceeding with its previously announced intention to accelerate its business combination deadline to December 14, 2022, which date was the last date of trading of the Company’s securities on The New York Stock Exchange. After giving effect to the Company’s redemption of holders of Class A common stock that submitted a redemption election in connection with the Special Meeting, the mandatory redemption date for holders of any remaining outstanding shares of the Company’s Class A common stock, including shares that were included in the units issued in the Company’s initial public offering, will occur on or around December 23, 2022, and such shares of Class A common stock redeemed on the mandatory redemption date will receive a per share redemption price of approximately $10.08 to be paid from the Company’s trust account. Holders of the Company’s Class B shares will not receive any liquidating distribution from the Company’s trust account. The Company will complete its dissolution and liquidation in accordance with the terms of its amended and restated certificate of incorporation, as amended, and Delaware law.”
We don’t bash folks but go ahead and keep the narrative alive. We don’t bash FKA BioAmber either. We do however tell the truth that FKA BioAmber was liquidated for $4.34 mil selling off all of its assets the tangible and intangible to LCYB. Then FINRA did the right thing and suspended the CUSIP and deleted the stock symbol ending trading forever. FKA BioAmber shareholders lost their investment and it was done all legal like. Approved by two judges and the creditors as well as their lawyers.
So go ahead and alert the media you guys believe a bunch of internet scammers who fed you a story of riches coming from an insolvent liquidated company LMFAO!!!
Sure I have been called plenty of names and got plenty of crappy PMs so don’t give me that crap
We all tell you to keep your shares and your responses are always you just want my shares lol.
Nobody wants or needs worthless shares from a liquidated dead company. Get over it already.
We would love you to keep them so next time you have a reminder to not be such a nincompoop and learn how to trade lol
Wow if you actually have retained counsel over being conned into buying stock in a liquidated company you’re worse off than I thought LMFAO!! Talk about a losing investment from the jump!!
It was bad enough to fall for such an obvious scam with FKA BioAmber but then to waste even more money on a lawyer because you are too lazy to google the info really cracks me up. I’m sure you will find a scumbag who will take a chew up your retainer though so good luck. Send him all of my posts please!!! LMFAO!!
Ohh buddy this is about to get knee slapping funny!!!
That is a great idea send them everything LMFAO!!!
They will have the same belly chuckle as we do when we read this crap!! So hopefully you make some of their days a bit better through laughter!!
If not laughter their response will immediately be to feel sorry for the mentally handicapped that were allowed to trade Q stocks without supervision.
You see that is because to the real world (who isn’t held back by an insane case of confirmation bias FKA BioAmber shareholders) this was a straight forward liquidation of assets when nobody wanted to buy the company as a whole so it turned to a liquidation. That’s business bankruptcy/liquidation 101. Then when all the assets were sold to LCYB, all the employees let go, the bid resigned and the business was shut down for good with no chance of ever repaying the bad debt FINRA did what it had to. Since PWC informed them of the liquidations outcome being all the creditors impaired by upwards of $80 mil they suspended the CUSIP, deleted the stock symbol and ended trading forever.
I really can’t wait to see the lawyer’s response LMFAO!!! Nothing like throwing more money out the window as there is NO CHANCE IT CHANGES ANYTHING!! Man what a bunch of clowns!!
Do throw your money away accordingly lol!!
So when you have no actual information you just make chit up I see lol.
Well you don’t own shares in BioAmber Inc I’m sorry to break it to you. The name BioAmber was sold to LCYB.
You own worthless shares in a nameless, numbered, dead, debt ridden, voided, liquidated, asset less shell that can never trade again, can never receive any type of monetary payment for them and there is nothing anyone can say or do to change it LMFAO!!
That’s great for those companies but Not one of those articles has anything to do with FKA BioAmber lol
That’s great for LCY but has nothing to do with your worthless shares lol
Nobody will ever have to pay longs anything lol. You really have no clue how all of this works I see lol.
An open short in a worthless stock is a 100% win for the short holder. All one has to do is prove the shares are worthless and that is easy.
Yes you might all hold millions of shares but all that means is you’re all stuck in the same boat. Millions of shares worth $0.00 hope you enjoy them as they are yours forever
No there are no open short positions at all. There were almost no FTDs when this ended if memory serves it was just over 45,000 shares. The short interest was also very minimal.
Well they were right as it did goto Zero as the stock is $0.00 worthless forever due to the liquidations outcome.
Since FKA BioAmber was liquidated and shut down 5 plus years ago Whoever had an open short had best case scenario. You are not required to buyback or return shares when the stock is worthless They never had to buyback any shares and they made 100% profit minus any broker fees.
Hey why let the truth get in the way. Just keep throwing up your garbage lol.
There is no chance of anything more coming. If one feels that shares are needed by shorty they are either lying or don’t have enough intelligence to trade in the first place.
Anyone who posts anything about more coming is either lying or shouldn’t be trading. I have no idea why they would lie but they sure are unless they simply lack the intelligence to go on google and spend 5 minutes to learn that there is no chance of recovery
Nobody wants to do anything about it. Why would anyone want a bunch of worthless shares that have ZERO chance of any type of monetary recovery? They can’t be sold, traded, or exchanged for shares in a NEWCO as they are forever attached to the debt ridden insolvent shell former known as BioAmber. That’s why FINRA suspended the CUSIP and deleted the ticker The CUSIP is dead again attached to a debt ridden shell that has no chance of ever paying off its debts.
You wasted your money and it’s your right to do so. It doesn’t change the fact that the shares are forever worthless. The outcome of the liquidation of FKA BioAmber renders the shares worthless and the company dead now and forever.
Stating crap like that you shouldn’t be posting here lol
None of that was even remotely true. There is no NDAs that are hiding a secret deal to even suggest there are shows your lack of knowledge
Then to say the outcome is unknown just puts you beyond a lack of knowledge but in the realm of complete utter dishonesty/lunacy.
The outcome is 100% know as it was stated in the court docs, monitors reports and final 8k.
You’re either a liar or a complete buffoon who should not trade at all