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Cancellation is not an option...The plan lays out “ no hardships “ for stakeholders ANY parties of interest...
Cancellation would violate the court documents...The only option is to satisfy ALL parties...It”s a multi billion dollar industry...No strategic bidder would want to lose out on the acquisition...pretty soon it”s payday !
I”ll take $ 1.64 for each share...that’s a fair marketket value...
The contracts are in the billions of Dollars...A few hundred millions is fine with me....I”m sitting back and holding
for the pay out...
GLTA !
Bio Amber is in a Plan of Compromise or Arrangement...just like it says...you can”t make this stuff up...so ALL parties of interest will likely be satisfied and no hardships to all parties of interest...The FMV is a $ 1.64...
Another stay...just like I said ! This is looking sweeter everyday ! Lots on the way !
“Woke Up This Morning...My Shares Were Safe ! “
The 4.3 million is likely contingent to a 2 step or possibly more transaction...They said that in the report...There were 2 strategic bidders wanting the business as “ a whole “...The junkyards would have paid more just for the scrap...I find it very deceiving when FMV valued the package at $ 1.64 a share.
That’s hardly anything...one buyer could buy that up and more in a New York minute ! Only 1 million for sale at .02 for a so called empty debt ridden shell...
Shares don”t continue to trade for 10 long months over a dead empty debt ridden shell..Not a chance...A restructure is taking place like the report said...NO “ hardships “ to any parties of “ interest “ totally tells the story...
Oh geez ! We must be close to closure...barely anything on the Ask..And the longs are holding the shares...This should be well over 3.5 cents...not that I would forfeit my shares...
Can anyone here interpret what a few cents a share would accrue in denomination ?
It could be worth a few cents a share ...What is a few in your opinion ?
So much for the moth shell...
How much is a few cents in your opinion ?
So you do think it’s worth something as per your message...
Is $ 0 “ in the best interests “ of all stakeholders “...Your statement is inconsistent as to the court and monitors report...reread the report...
When did FINRA or anyone else say that?
Agree...They pitched “ no hardship “ to any parties of interest “ to the courts to get approval of their direction of proceedings...Thanks for the repost of the Monitors report...greatly appreciated...I”m not tech savvy...but not stupid either..lol
The NOLS are extremely relevant to the “ sale of the company “...They will also fall under the old rules of the NOL credits since they purchased the company prior to January 2019...The percentage of NOL entitlements were reduced as of January 1, 2019.
What ! I thought there would be only 1 transaction you guys were saying all along...I better observe the archives...never know...
“ Best interests of ALL stakeholders “ ....No “ hardships to ANY parties of interest “..... It”s as good as written in stone ! PWC told us that long ago...in the monitors report...It was a major concern with the courts for the stays !
Now they need to put my loot in a nice a nice brown paper grocery bag...” and don” t squash the tomatoes “..
GLTA !
The DD that shares stay intact is overwhelmingly accurate...Their getting those NOLS to and millions of dollars worth ....The monitor said there would be no “ hardships “ to any parties of interest...and it looks like that statement was accurate....Over $ 320,000,000 in NOL credits and I”m sure it will be more when the restructuring is complete...Only a few trading days till March 15th...I see another stay..to tie up some loose ends ...but the major stuff will be dealt with..Can”t wait !
I wonder how high this will elevate before we get paid out ! The sand in the hour glass is almost empty ! Tic Toc !
I Don”t recall them stating that they were going to tell FINRA it was worth nothing...
“ no hardships to any stakeholders or parties of interest “ That’s good to see ..Probably earning a higher salary too ...
Good to see that ! It”s a beautiful Day !
I agree...They had since last April 2018 to start accumulating and a lot of folks were unloading ...millions and millions changed hands...probably only a few that hold this stock now... so a $ 1.64 p/s payout would be pail change for the “ sale off the company “
The stocks trying to elevate ! And it will !
I don”t see them leaving $ 320 million in NOLS behind...that alone is is an enormous gift of savings over a long period...the buyers got a sweetheart deal in acquiring this business...I don”t see any stakeholders or parties of interest having any hardships...as this closes..
GLTA !
I see BIOAQ IS # 13 on the most read board..More and more eyes will be watching BIOAQ as the “ sale of the company “ winds up...I think the Ask should be well over .025 with all the DD presented
The Buyers can take one last run at this stock..this week...if there’s any selling I think the shares will get scarce...
The U.S. court allowed it to proceed under the CCAA in Canada..providing all parties of interest would not subdue any hardship...It”s all there in the monitors reports..
The extremely most seasoned DD stock holders have shown the likelihood that shares are safe have done their homework time after time...I hope their enjoying their weekend off cause they deserve it...Monday morning ! Like Bulls in a china shop ! I would suggest study the research...It”s not to late !
The information in the IBox is null and void ...I would never invest in a dog and pony show such as that...DD and authentic documents is where I make decisions..
Corn futures for November 2019 delivery...$ 4.68/ bushel...That’s a lotta corn sludge money making succinic acid...to bad they can”t use beef..I”m taking in Kent-Lambton grass fed beefs in at $ 1.30 per / lb..check with your local farmer...It”s great DD...lol...Show me .03 cents Monday !
I think .025 American Dollars at the open Monday will be at the doorstep....035- .05 by the end of the week...we’re getting close to closure...the succinct acid plant was planned for an April launch according to press releases and comments from Visolis back in October...Chatham-Kent-Lambton is the home of corn crop growing...I would bet those contracts with the local farmers are still valid...for fall harvest...Any thoughts on this .
Congratulations ! To you sir ! May good health and prosperity shine on yourself and loved ones ! ??
Most of these shares were unloaded over the last 10 months...and in the 10’s of millions...and millions on some days...A select few of us are holding shares still...so $ 1.00 - $ 1.64 ...FMV...would not surprise me..The squeaky wheels...will get the grease on this one... Excellent DD by very seasoned investors here...much appreciated...
The closure of this business deal is coming !..The attorneys are packing up and leaving..The package will likely be laid out on March 15th ...with negotiated arrangements with creditors, stakeholders and reorganization of the business including “ no hardship “ to ANY parties of “ interest “...They probably obtained a pile of shares in the last 10 months of proceedings...millions of shares changed hands...I was fortunate to obtain some also...
GLTA !
Maybe we”ll get some great news today or an update Iy”s Friday so...never know...March 15 th coming soon !