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Agree...It claims no hardship to parties of interest...shareholders are a party of interest..Great DD..Thanks
Hope it stays low for a bit longer so I can pick some more off...
The idea that bio amber was obtained like a junk sale is ridiculous..and also.myth...There was more than one bidder that put an offer together...one sweetened the pot more than the other..I haven’t seen any evidence that would support the shares being cancelled..Anyone who can provide clear evidence that clearly states shares will be cancelled would be appreciated...
Agreed...good to see green days..That facility is no small potatoes..Been by there many many times. There’s over 200 employees there and 200 more on the way...I will prosper from this company for a very very longtime...
Most every creditor is getting their palm oiled...I”ll be here for the long run..
The stock is still trading and its almost January 2019...and it’s value is what it closed at today..that is a fact.The monitors will likely ask for an extension and they”ll get it.
The common shares currently hold value...The monitor has not indicated share positions would be cancelled...They continue to trade since last April 2018..and will so next year..I believe the stay will also be granted..that would be in the best interests of all stakeholders until the package is wrapped up.
I think this was a situation that all stakeholders will have their best interests looked after...that’s what PWC was indicating in the monitors report...Likely buyouts or offers on the horizon...eventually back to the NYSE...
They were very clear “ the deal was in the best interests of all stakeholders “...would cancelling all my shares be in my best interest...I think not...a monetary offer would be though..
Anyone have any idea what they”ll offer us per share ? I’m sure another stay will be granted in January..to get all matters in order...The facility isn’t going back up for a few months ..
The NOLs is what kept our stock intact..The stock is not cancelled...it would have been months ago..along with the so called liquidation..Enjoy the ride ! I”m in !
Know how many bottles are used per minute ? Answer: 1,000,000 bottles per minute. 91 % of those bottles are not reprinted and recycled...out of the 260,000,000 tons of plastic we process each year..10 % ends up in the oceans...Any plastics manufacturers should be making bio degradable products to begin with...that will be real soon...imo..
I”m hoping that any plastic product created will have to meet bio degradable status..There’s plastic in the waters buy the tons..Any water bottle automobile plastic,,baby strollers..you name it .should be biodegradable...no landfill...
Merry Christmas To All !
The deal was “.in the best interests of all stakeholders “...I wonder how long they will take to enforce that statement on the monitors report...it’s been almost 8 months ! Cancelling shares is certainly no in the best interests of all stakeholders so I”m ruling that out...What’s brewing here...anyone know ?
Every bankruptcy..restructure...liquidation is on its own merits..there are different scenarios that can occur.Why do you think LCY would not want possession of the NOLS ?
Those NOLS were “ key “ and they were in the best interests of all stakeholders...and LCY..They pretty much paid nothing for the business and can use those NOLS that are worth Millions...sounds like it is in the “ best interests of “ all “ stakeholders to me..
Agreed...again the exchange was in the “ best interests “ of “ all stakeholders “...it was made very clear in the monitors report...I await exciting times and possibly prosperity for all..
GLTA !
Up almost 29 % today..That’s a holiday bonus to start the Thanksgiving celebrations...When the r/m news hits the street .. the line up for shares will be very long..The NOLs have a huge impact in this situation...for now shares are not cancelled..business as usual..
GLTA
It really looks like the shares are cancelled..The r/m is looking more than likely the outcome...To ignore the
Value of those NOLs .would be ridiculous...and we’re still trading...we would have known about the cancellation by now...Why aren’t the shares cancelled by now..
Good to hear..maybe the”ll pick an attorney general who is cannabis educated..Cannabis was always the devils lettuce with Sessions..
Good to hear..maybe the”ll pick an attorney general who is cannabis educated..Cannabis was always the devils lettuce with Sessions..
Good to hear..hope everyone gets a chance to try some...I was by Supreme last week it’s almost complete...7 football fields eventually of premium product..Likely the lowest cost producer in town..and more yield per sq. Ft.
One of the top 5 likely..Holding Long On this baby !
GLTA !
I would maybe consider $3-$5 and then maybe shake out from the tree.Looks like some exciting times ahead..
Glta !
The 7 acre facility is nearly complete..Premium 7 acres product is on the shelves in every province..Hopefully they can keep up with demand.Supreme just put out a product called “ Jean Guy “ just waiting for delivery..
Go to ocs.ca...to observe their premium products..
I”ll say sp $ 4 to $ 5 by Christmas holidays...
GLTA !
The monitors report stated the deal was in the best interest of the stakeholders...that iincludes common shareholders as stake holders...A $ 0 return on this stock would not be in the best interests of shareholders..I still haven’t observed any evidence at this point that indicates the cancellation of common shares in the reports..
The Net Operating Losses were $ 320,000,000...over the years in operation..and they”ll squeeze as much juice as they can out of that...
Agreed...can someone post in the monitors reports that common shares are cancelled...I can”t find it...or is this an opinionated forecast because other otc”s have cancelled shares..With the value of the NOLS and what they paid to buy Bioa I don’t see shares being cancelled..
The NOL”s were a major buying incentive to whomever was the successful bidder ..as far as the deal went..
There was $ 320,000,000 in nols te be had...that’s right..$$ millions $$...That’s millions and millions of dollars unclaimed..That’s like throwing a winning powerball ticket away and not cashing it in...
Long and accumulating BIOAQ !
GLTA !
Looks like the 7 Acres brand is on the shelves now..I just ordered 3.5 g of Jean Guy..that’ was the only size left..
Was at the facility ...It’s mostly complete..There now distributing coast to coast in Canada recreational...soon international..exciting times ahead here...
The monitors report clearly stated the deal was in the “ best interest “ of all stakeholders...
“ Best interests “..to act so as to benefit somebody..Shareholders are defined in a “ stakeholders “ description..
So PWC claims the deal as a stakeholder to be in my “ best interest “ ..So a return of $ 0 on my Investment be in my best interest..Will have to wait for all the coming details and wait to make bank..fill my boots some more Monday if I can..
GLTA !
The stock is not worthless..it closed today at .0088 today...it may very well be at some point in time..but all evidence and DD ..suggests a recovery for shareholders...and plc said the deal was in the best interests of all stakeholders...even most employees are going back...Maybe not the trouble makers..
The monitors report claims the deal is in “ the best “ interests of all stakeholders and most of the particulars at this time are being withheld..A $ 0 return on stakeholders Investment is not in the best interests of all stakeholders...It”s cut and dried..right there in black and white..holding for the disclosed particulars and accumulating..
GLTA !
MM’s won’t even touch a short in this situation..Not much volume today...good one ! I think many many are now holding long....0089 was a gift today
GLTA !
Good read !
That was a nice find..Thanks again..
Don”t forget the NOL’s...I doubt the new tenants did”nt ...It”s a tax shelter of millions and millions...over 20 years when applicable..
I”m stopping in Sarnia on Thursday to check out LCY ( formerly Bio-Amber ) The shipping docks were definitely open..as I’m bout 1 hour away..all through this acquisition..and the watchmans were still securing the premises..I know thist because I was taking pictures and they told me to leave the property..There was about 9 vehicles in the bio lot all summer.I”ll try to pass Thursday’s information if any to the board
GLTA.
I”ll takesome down @ .012 if it heads down..get as much as I can..
Thanks to those who provided much DD to this board..the information
obtained has been remarkable !
GLTA Who Support Their Investment !
I put all my shares up for $ 10 per share so no one can borrow them ...every bit counts
So the question yet unanswered...Is $ 0 value be “ in the best interests “ of all the stakeholders ?
Any useful information pertaining to my question would be most appreciated...
Glta
“ In the best interest “ of all stakeholders...
“ best interests “ “ to act so as to benefit somebody “ Collins dictionary...