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363 is in force...Those NOL”s were a corporate dream and the JV will get them...
They filed for Bankruptcy protection from creditors..It”s all been dismissed...Creditors..debtors...lawsuit pursuers...stakeholders...shareholders...courts and monitors...Corporate legal...and even that sandwich and vegetable tray provider is getting their money.. I”m hoping this week ! Everything is cleaned up except that litigation with shareholders in May 2020...but that’s small potatoes...Everyone ! Here will experience the difference between Suspended shares and Cancelled shares..Longs will need a pallet to carry all that $$...Any moment now..
“ Business as a Whole “ that’s how it sold...assets...trade secrets...patents...licensing...current customers, clients..agreements and commitments for future product worth atleast $ 12,000,000,000 over 15 years...and the shares intact alive and well...GLTA !
The bids were required to be “ Qualified “ and that strictly means meeting the terms and conditions to even be considered by the process...from homes to farms to vehicle auctions...there are stipulations...And qualifying bids are one of them.
They did receive those proceeds of $ 4.3 million ..namely the total upfront payment ( deposit ) ...The courts information and language is being greatly misinterpretated...Eno is on record stating there was over 100 enquiries...and PWC SAID 11 bids...2 by strategic buyers...Those bids were of substantial value...Let’s be reasonable here...
The UPFRONT payment of $ 4.3 million was likely a security deposit...The creditors after all expenses..PWC alone was taking $ 2.5 million in restructure fees..so the secured creditors settled for roughly $ 400,000 minus their expenses on a $ 160,000,000 facility...and a 15 year contract valued at $ 12,000,000,000 in requested product and 2 new facilities that were never cancelled ?...Anyone get a peek at that sealed affirmation document yet ? If anyone did..OH Goody !! Tell us what it affirms.
I just established those facts unfortunately for some...There”s “ no “ evidence anywhere that shares are cancelled...only suspended...furthermore...my shares remain intact...There’s simply no evidence they are dissolved...Additionally the status quo is “ Cusip “ SUSPENDED “ maybe check with your brokers..because I did and was advised trading was suspended...So if you can provide any documents that shares are Cancelled and “ non intact “ it would be greatly appreciated...
Please show where my shares are Cancelled....Additionally where they are not intact...I”ll wait here..
Those who chose to sell or thought the shares would cancel will have to accept their decision...The shares only suspended...That is very real..The DD team clearly established those shares would stay intact..Many thanks...
I prefer to still play than sit on the bench ( sidelines )...A bad stock is a cancelled one..in the case of BIOAQ..The suspension prevailed...Hard lesson for some...Good Luck ! On other plays..
$BIOAQ
A cancellation pipe dream...SMH...It never happened where it should have...and now the owner of every single share is being accounted for and inventoried...I suspect news real soon...Shares remained intact,,Game over !
for the cancellation theory...months and months ago...The DD is consistent and accurate....review the overwhelming evidence...
Always good to have a break...However I will be indulging in celebrations with my investor friends...We have the required evidence the DD Team has provided...Good ! Good ! Things Are Arriving !
It takes time to gather the rightful owners of every share...worthless shares get cancelled..not suspended...if they were worthless they cancel them...not suspend...common knowledge...
The stock won”t cancel...The suspension proved that...fun times on the way !
Did anyone look into “ The Letter Of Intent To Invest “ in Bio Amber which contained a sealed document that to my knowledge was never revealed in the courts and monitors report...If anyone can shed some light as to what it says would be greatly appreciated...
Did anyone ever find out what the Intent To Invest..sealed document stated ? I don”t recall it ever being revealed...If someone does...Can you plz post it...Thanks....
It”s in the monitors report that the court stated the contracts are of significant value...who would”nt want $ 12 billion dollars for 1 contract over 15 years is beyond me...
There”s a live $ 12,000,000,000 contract over 15 years..I haven”t forgotten...I”ve been waiting to be shown it”s null and void...Won”t happen...I thought so...
You have just described a wish....That will never come true !
Someone call a Cab ! It”s over...
That litigation would be put on the list with the rest of the claimants....Someone must be litigating it...on behalf. Bio Amber...The insurance has 0 obligation to take that on....
Try to insure a fraud claim on insurance..Good Luck !..
Always read your posts Eddy...I can honestly say...I do”nt know about the tax situations....but what would you anticipate taxes on $ 12,000,000,000 ...Likely $ 400;000;000 in NOLS....over15 years ? ( excluding future customers ) on its own...
I”m trying to avoid the overwhelming condolences and pity I feel for those whom Shorted or Sold...Hopefully there’s another window of opportunity to conform..
Best of Luck !
The “ French “ sales order was for that “ mustard “ company that took on that ..POS...W.B...who moved and closed the company after over 120 years of all the products.. from Leamington..Canada...
$Bioaq is only for those who held ...If you were”not in before the suspension..feel bad...That would be very pitiful if I were there..
They exercised all their share options to the maximum...Not the best analogy..lmao..
There’s only a handful of us that have most of these shares..and I believe management ” Buttered their Corn “ during this process...during this episode...Any thoughts?
I was always told by seasoned traders to never short a stock...that it could be financially catastrophic...so I never have...My first lesson as to witnessing why...
Some nice accurate DD there WillieSteelGeez....way to go...Of course were gettin paid !!!
A $ 3.4 million STRATEGIC buyer...LMAO !! Still no cancel ? WTF ! LMAO...So much for the cancel squad....
Nobody wanted it ?? There was 11 bids out there...2 of them were strategic bidders if I recall...
Did”nt Bio Ambers last quarter turn a record profit ?
I”ll note your opinion in the archives...however it was an Exceptional deal...creditors are satisfied...contracts of SIGNIFICANT value...Shares intact...Those are the real facts...and their gettin those likely $ 400,000,000 by now NOL’s to...They”re mopping those right up.....
The contracts are of SIGNIFICANT value and that’s from the courts and monitors report..Let”s be reasonable here...The PR that was published...Then hijacked and disappeared stated that contracts were secured with The BIOAQ team...
I know nothing of a 540 million affirmed offer let alone ..What the sealed affirmation letter described...That’s why I am asking if anyone knows verbaetem or has a spare copy for the archives...No one can seem to find a copy or explain exactly what it said...so I own a stock that was CUSIP suspended and clearly not cancelled when it supposedly should have...1 + 1 = 2...The math and the logic of this suspension does add up to a rewarding ending at this point...
If you think that’s what happened..What did the affirmation sealed document say verbaetem...A copy would help out too...
Yep...We”re 1 day closer to our settlement...
I wonder which company bought the rights to that yeast..and the contracts of over $ 12,000,000,00...Anyone think Vinmar will secure that part of the acquisition ? They are the ones with the appetite for atleast that amount of product...and all the other contracts they secured with the Bioamber team in the PR that was rescinded...I”ve been through JV”s where certain technology belongs to each party..
Don’t forget the fact an Affirmation document was sealed and submitted to the courts and was privy to confidentiality...Anyone have a copy ? I would sure like to examine that since the stock was only suspended...The Cancellation axe would have fallen if there was”not more...
So then the CUSIP IS suspended...There is no Cancellation.....that is Fact...right ?
Nope....Gotta copy of the sealed document ? I”m looking for a copy of the sealed affirmation letter...Anyone ?
The court made it very clear Mr. Mc Coy...The sealed affirmation document would remain confidential...do you know what it contained and consisted of ? ..Suspended shares...good !
Ok..so you can tell me what the confidential affirmation exactly said...Step right up...or a copy of the affirmed confidential letter...I”ll wait here...lunch is at noon though..