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Why would you just belligerently say that in the face of clear evidence it sold all its IP 6 years ago with nothing since? No employees to manage anything, no required financials confirming nothing has happened since. That’s what a liquidation literally is.
The patent in question was applied for in 2015. The request for examination happened in 2020 and that process takes 2-5 years. During the time from the application to the grant of the patent Bioamber was liquidated. LCY hasn’t recorded an assignment because they don’t care about closure for final holdouts of “hope” in an old and public liquidation, and they can do what they want with their purchase. Sorry.
There is no way anyone can say “all the patents were sold” when the last ever press release from the company said “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.”
Why would they be keeping any patents after the point where they had any employees to manage them?
Dude what is seriously going on here?
Yes the Monitor also set aside monies to pay those fees. To be sure the assets purchased were viable.
And it was the Monitor paying them post liquidation because THE COMPANY DIDNT EXIST ANY MORE TO PAY THEM.
The company attached to the shares here does not have the right to do business as Bioamber, FYI. And it owns no IP whatsoever.
Please name one person involved to evidence what you “know” about “what’s coming”.
Just one.
Bioamber is FOR SURE not “alive and restructuring”. It has had 0 assets and 0 employees for about 6 years.
And as you know, the value of the NOLs is dwarfed by the magnitude of outstanding debt.
SMH. Notice how all of these are 2018 or earlier?
Then this happened in 2018 and ALL patents were sold.
https://fintel.io/doc/sec-bioa-bioamber-ex991-2018-october-26-18396-30
BIOAQ has no patents, no employees, no operations whatsoever.
This was a third party patent. Not Bioamber. Bioamber is out of business.
The post contained a patent filed 6 months ago and was done by a third party.
It’s like if someone says they’re going to “xerox” a document that means maybe Xerox is still in business?
BIOAQ was liquidated.
“Although, it's likely they bought a new batch when the plant was retrofitted and reactivated by lcy.”
This.
Nope all patents of former Bioamber were liquidated factually.
All patents were liquidated. That is not in dispute by IE or anyone else.
It doesn’t say they recently obtained it. If they did, that purchase would be reflected in required financials.
As it stands, Bioamber has no inventory, no IP whatsoever, and no employees of any kind to process any transactions.
So dumb you are doing this.
Huh?
No this is dead. Come back with some third party commentary that it isn’t (never).
But Bioamber is completely dead?
?
This was liquidated back in ‘18.
There is only one truth. For all.
You don’t think there is value in knowing the truth?
So that people are clear on the truth.
The “BS” was the lies that got you into this all those years ago.
Thank you as well. (Pathetic)
Shares are absolutely declared worthless.
They are not cancelled, that is performed by the company and there is no one left.
Bioamber sought bankruptcy protection but the outcome did not occur in US bankruptcy court, it occured in CCAA.
The outcome was VERY CLEARLY a court supervised liquidation with no employees or assets of any kind left.
Why not accept the stated outcome? What’s the holdup?
But to be clear I do understand that there is no such thing as a 6 year faked liquidation. I’m sure you do too, but the struggle is real.
There is no proof whatsoever that your shares are worth more than $0.000. If there was any, you would be sharing it. Sorry.
You mean what you and we do right? You are doing the same thing, except way dumber as you are out 100% and seemingly implying the liquidation with nothing since 6 years ago was faked.
Asking you- why do you hang around? You lost out so long ago.
You hold and wait for what?
What other option do you have?
It was “orchestrated” in real time very publicly. They disclosed all the bids, accepted a bid, disclosed the splits between the secured creditors, all before trading stopped.
Bahahahahahahaha
If it’s confidential how do you know about it?
I don’t swear at all.
What’s childish is obviously losing the argument and not admitting it.
You have no evidence to support your “opinion” at all, which means it’s not really an opinion. It’s just you not admitting it.
I said either lying or is disabled. I don’t know which one.
There are no opinions on facts.
You can’t say the earth is flat in your “opinion” while looking at it from space as a sphere without lying or being disabled.
Anyone saying that sometimes companies fake their own liquidation and are resuscitated 6 years later with no employees or assets left is not worthy of any level of courtesy or respect.
Still upset with those telling the truth.
And no comment on straight up liars.
Sooooo odd.
There is truly very little or really no “on topic” discussion any more. Its just dead dead dead.
Well on this matter Biowin is either lying or disabled.
There is no such thing as an “opinion” on historical facts.
Swinging bats indeed.
Nothing could be harder hitting than reading that APA. If you can understand it, that is. I mean, the commentary has you reduced AAAALLL the way down to “poster observation” type nonsense.
They closed out their business with former Bioamber 6 years ago.
No need, if you feel compelled to continually ask why I am here while ignoring my responses, then it would only be fair for you to ask people who have suffered obvious losses years ago why they are here.
You have no angle to claim “reading comprehension” issues until you ask both sides equally. As you know, it is completely over for both sides.
If you’re rounding, literally everyone believes that. Though I understand 25 out of 8B people in the world can hold out on an anonymous board.
Honestly if you’re not gonna say this was liquidated 6 years ago as it was clearly announced as such with nothing since, it’s not hard to understand you could use the same bad faith to never accept my commentary on it.
I literally say why almost every day. It is rejected because the desperate want to say there is financial motive because they’ll do anything for hope in the face of none.
No one has any financial interest in Bioaq as it was liquidated back in ‘18. The argument does remain and I continue to assert that it is obviously over to people who say it’s not. If you have a problem with me doing that, maybe you could ask why to the people who say it’s not?