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And we arnt even in BK anymore how bow dat
Please call FINRA and ask like I did. Companies that don’t actually go through BK get Qs dropped once court dismissal filings are sent to the agency.
Lol Canada Day...you caught the flood of those messages already I think!
The LOIs are submitted today. We are hoping to see who submitted but the holidays these next few days could put some kinks in the timing.
Oh dude I agree. There has been chatter. No way we don’t sell to a major company imo. We should see a sweet offer probably like you said when they release the third report.
No one knows the curren bidders they are sealed for now.
Old list
Yea it’s a buyout with outrageous potential.
There is a laundry list of major potential buyers listed. DOW, Mitsu Chem, Exxon, BASF, Myriant...
It’s crazy right we nearly seen a full penny spread. Folks are worrried we won’t have a strategic buyer? I think they should be worried that they don’t have enough shares. Who’s going to liquidate a brand new plant capable of producing at the levels it is for the current price. It’s like me selling a two year old Ferrari California for less than I bought it for just so you can go sell it for parts. The value in this plant alone is unheralded. We should see multiple strategic buyers and I think truly a blowout bid. So they don’t have to deal with BioAmber board even considering anyone else.
People waiting on the news. We won’t see volume until next week when we find out who our bidders are.
That would seem the most logical. Thanks Q!
Q s right I’m sure the bids will be unsealed on Friday the question is will we be informed on Friday.
Yea but for whatever reason people “fear the Q” even though we know full well it’s going to get bought out anyway.
I literally just talked to FINRA rep about this. Go ahead call. Very helpful. tel:(866)-776-0800
We should be able to. They are all public docs.
Not if the company does not go through BK the Q can come off. They would only reissue if they plan on uplifting back to NYSE.
Kind of annoying literally one email could clear this whole ticker up for the return to dollars.
Yes it just needs to be sent to FINRA
Just called FINRA they said Q comes off once dismissal paperwork is emailed to FINRA
Still like this to see a few quarters. Too strong to fail.
I’m pretty excited to see who the buyer is gonna be. The anticipation is killing me!
Who said gap up Tuesday morning? Just said buyout would prob make this gap up.smh typical
Uhhhh huge buyout coming...did you read the DD?
Flipping crowd all playing elsewhere. Only Longs who know what they own are here now. Should see a steady albeit slow rise over the next few days before all the catalysts come in.
Correct why would BIOA board of directors ever relinquish 51% of the company? Seems incredibly fooling especially if many are already holding commons as part of vesting schedules. Eventually they are relinquishing their board seats if they ever gave up 51%
Bordering on spam. Here bud. We know bk is dismissed we know CCAA can still reorganize HOWEVER it doesn’t function like court processes bk. CCAA proceedings give the company time to facilitate the buyout.
Highly doubt over 51% of the companies shares are available for purchase via the commons and if they are the. Top insiders who hold commons would have even more interest in making sure the commons arnt canceled. Seems silly to suggest...
Lol nope. That’s why I’m buying. Fully expect buyout and my shares to go back to nyse discount buy level. $0.50 +
Great recovery!
Great job Longs...I believed this would be strong but bailed to jump in BIOAQ. Good for all of you folks who loaded the retrace to .0010-.0008 this was a strong day for you guys and you deserve it!
Agree gap to 7 is what cased the retrace. Let’s keep off the flipper radar. Slow steady climb to .50 plz.
Yuuuuuup wish I had stayed played BIOAQ but that may be just as solid soon!
Holy chit engulfing green coming!
People can still make 10% on just the spread so today will be annoying. Return to highs next week.
Looking for grey close today tbh. Dip early buyers looking for Monday bounce coming in late. Close right here where we started imo. It would be good sign for Monday.
I know but the flipping crowd follows him. Making good long buys a bad trade because of the craziness that low float flippers create. Steady rise is more fun than parabolic or gap and run imo.
Yea buyout prob coming we all gonna cash in biggly.
Clearly they don’t need to be. It sounds like they went through the process so that they could restructure loans. I don’t think the company is going to BK or anything. Looks like it’s just a buyout imo.
Correct however if the entity never goes through bankruptcy arnt they eligible for “Q” less ticker reinstatement?