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There are no interpretations.
No hope. Must give up all hope.
So yeah there is no such thing as “interpretation” of the outcome of public company actions. The role of the Monitor and court is specifically to avoid that, or else the stock market would be utter chaos.
This is why it’s just critically, vitally important that there be NO HOPE here. You end up with people thinking “interpretations” are possible more than a year later.
The point is you can take anything and state your “opinion” is that it is worth far more than it is, and no one can stop you from doing that. But it’s irrelevant to the actual value.
It was restructured alright.
"However, BioAmber closed its succinic plant in 2018 due to bankruptcy."
Well the plant sold.
I know you don’t like it. I’m not saying you should. But it would be absolutely chaos if Monitors and judges were allowed to do a public auction with 12 bids, accept the highest one, then years later explain they were only kidding.
This is why it is so important that hope be abandoned. You have people thinking its actually possible to have the outcome change a year after it is over.
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Unfortunately.
No one credible would have objected to the idea of a company qualifying, filling out the forms, paying the fees and up listing. It’s not difficult once the criteria are met. The objections were related to the ludicrous “true” valuations that were expected.
You are correct that the red today is market-wide.
But I will never understand why so many are happy to have to hold and wait for seemingly years here of stagnation while there is so much opportunity for their money elsewhere. Loyalty is not appropriate for stocks/companies.
100% correct.
The cult doesn’t take in all the information and form a hypothesis. Rather, the hypothesis is formed and inflexible and the information has to be molded around that. So inconsistencies can only be explained by kicking the can down the road.
You’re confusing things that were reportedly said in court with things in the Monitors reports. And as always, a judge saying there is more benefit to approving this transaction than hardship caused by it, does not, can not, mean there is a secret transaction outside of the very same publicly reported transaction that the judge was approving.
Give this up. 2 years later, it is insane to believe a transaction is secret and unannounced for that long.
No that notion of “true Verb investor” is a cult concept and should be avoided entirely regardless of any horizon someone considers to hold this stock.
"no hardships"? What? Where is that written? What are you talking about? This thing got liquidated.
As you know, I’ve batted down all of the ridiculous snippets that were touted to run contradictory to the deal that was highly documented, announced and approved. There is absolutely nothing that remains that points to any further activity, supported by the fact that there has been no further activity for some time.
It’s of critical importance that all hope be abandoned here. It does not belong.
The only possible interpretation of this post is that the role of CCAA is to trick the investment community.
Obviously I don’t need to tell you that that is not the case. Potentially you are joking.
Yep.
Absolutely not.
The purchaser declared there would be no further payments and the entirety of the board and employees were terminated or resigned. So again, there wasn’t anything of value remaining, nor is there any people to do anything even if there was.
And finally, there is no hope whatsoever that a valuable “recipe” was hidden in the bankruptcy after the Monitor states and the judge approved that “materially everything of value” was sold. It is vitally important that no hope be allowed to remain here.
The idea that the bankruptcy court allowed a very public auction of all the assets to happen while saving the most expensive item, telling everyone that materially all of the assets sold in the disclosed deal, and selling additional items in a secret side deal is not worthwhile and should be dismissed out of hand.
And then there’s the signed APA...
Because people who make a bad investment need someone to blame. They are less likely to say they are bad at picking stocks so things like market makers, naked shorts and message board posters are commonly targeted.
I haven’t followed the denial on the others. But thought that knowing that that snippet was also hopeless might help ease your acceptance.
You realize there are other hopelessly dead companies on this snippet right?
Solid movie.
Your hopeless snippet argument that would be analogous to the boxing match would NOT be an additional match, it would be the hope there are little hints and clues that 2 years later it will be revealed that the brutally knocked out fighter actually won the fight as agreed by the fighters in their dressing room before the televised portion of the card.
There is nothing to spectate.
It’s like a guy brutally knocked out in the first round of a boxing match bragging afterward that “at least he wasn’t killed”.
Yes any item that precedes and was therefore superseded by the public bankruptcy is a complete and utter hopeless snippet.
Correct it is not DD. There is no DD to be had post 9/18 after the deal closed.
There is no guessing on the result of a closed bankruptcy.
If they haven't accepted after 2 years, its unlikely it will be accepted after 10/22 passes. There will be more snippets. Or actually, per usual, the same ones in a repetition cycle.
Yes you will hold them in perpetuity.
This will go on long long long beyond the 22nd of October.
Obvious indeed. Thats what the Monitor said.
The hopeless snippet hunt intensifying...
I’d say it is equally realistic as a week ago and the week before.
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The exceptional part already happened. It had to since it is now closed, right?
The company went out of business.