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Each and every time you or anyone else posts “majority holding strong” or good things coming is lying. You’re not holding anything you’re stuck with them.
The FKA BioAmber shares will never trade or have a value again other than worthless
So what did McCoy lie about? Let’s see some proof
The FKA BioAmber are 100% dead forever and that’s a FACT!.
The worthless shares are attached to a company that went out of business in 2018, an asset less and a debt ridden ($100 mil of bad debt) shell. FACT!
That means there is ZERO chance of monetary recovery of any kind and they can never be swapped for shares of a NEWCO. FACT!
This is basic stuff.
Say what you will but those are the facts and they will never change. FACT!
How many times does it have to be said? The outcome of the liquidation rendered the shares worthless and the BOD was long gone at that point. The BOD resigned at the end of August of 2018 so there was nobody left to cancel them. It’s not the monitor or courts job.
Back to 5/29
Smattchew 16
Toncat 16 including this post.
Not that it matters but we are all here wasting time as nobody is getting paid lol
It’s definitely you. How many posts have you had over the last week?
“majority holding strong”?!?
Seriously how can you consider yourself a functioning adult and make a comment like that?
There is no company attached to those shares. You say we have a mental health issue and then make a comment like that boy you better look in the mirror. You could own all of the worthless shares and it wouldn’t make a difference
Of course he does. Just like the rest of you as there is no way to ever buy, sell or trade them ever again
Smattbot responds again lol.
You spend and waste more time than I do lol.
Takes no time at all to respond a couple times to the flat out Lies that good things have any chance of coming.
Agreed an opinion could have been stated at any point before the judge approved the liquidation. Once the liquidation was approved for a fraction of the liabilities with Zero chance of repayment the outcome was set in stone
I gave you a truthful answer as always it’s not my fault if the truth isn’t what you’re looking for
I agree but you can’t say there are multiple POVs as far as FKA BioAmber is concerned because there is only the reality. That reality as in the court docs proves FKA BioAmber shareholders lost their investment
The suns color is an example of POV FKA BioAmber is not lol.
If you were to go out in space and look at the sun it would be white but on earth depending on your POV it can appear as many different colors like my example from when I was on Maui.
That is an actual example of POV.
There is no POV for FKA BioAmber. There is only the reality as stated in the court docs. The court docs prove FKA BioAmber is a nameless, debt ridden (to the tune of about $100 mil), asset less, dead shell with Zero chance of ever returning, being bought out, having its dead shares traded for shares in a NEWCO or its shareholders ever receive any form of monetary payment for their worthless shares. The outcome was known since Sept 2018 when the liquidation was approved.
Anyone who states there is even a remote chance of good things coming to FKA BioAmber shareholders is lying and that’s a FACT.
I guess you have to read it to find out. I answered the question and provided an example. Just like in the case of FKA BioAmbers liquidation and closure for good leaving shareholders with Zero chance of recovery it’s not my fault you don’t understand the answer/outcome.
Well chuckles it depends on your POV. It can change due to the time of day, season, viewing angle and so forth but in reality it’s actually white.
When I was in Maui on top of Mt Haleakala watching the sunrise it had shades of blue, purple, red, orange and yellow it was quite breathtaking to be honest but again that is an example of depending on your POV.
As far as FKA BioAmber there is only one POV that it was liquidated and is nothing more than a nameless, asset less debt ridden shell with ZERO chance of good things coming or its former shareholders ever getting any type of monetary recovery.
That’s not possible. There is no POV as far as the liquidation of Formerly Known As BioAmber. It was liquidated to LCYB in 2018 for a fraction of its debt load. The company was shut down when its BOD all resigned leaving PWC to carry out the liquidation.
There is no other way to view it.
The sky can be different colors depending where you are standing I agree. A dead liquidated insolvent PUBCO (BioAmber) who left all of its creditors impaired is dead and never coming back that’s the only POV there is
It seems to me that you have already given up and checked out as the only things you post are more holding your breath and stomping your feet in nature instead of refuting the facts presented.
That’s what I expected. I figured I would get some sort of childish remark instead of a legitimate answer.
It’s very simple.
If it is psychotic to tell you the truth which is backed by facts straight from the court docs then isn’t it also psychotic to state there is even a slight chance of good things coming when in fact it is a 100% certainty that will never happen?
Is it psychotic to point out the truth backed by facts that shareholders lost their investment if they held to the end?
Is it psychotic to say there is a possibility of good things coming when it is a 100% certainty and has been since the liquidation was approved that there is nothing more coming ?
When has anyone said they are worried about your money? It’s like you’re holding your breath and stomping your feet because people are telling you it was over in 2018 and call people liars for lying lol. Guess what anyone saying good things are coming or even possible of coming is a liar period and that’s a fact.
Anyone who still owned shares the day FINRA suspended the CUSIP and deleted the ticker will own those worthless shares forever.
Nobody cares about your worthless shares
Nobody cares about the money you lost here.
You have been told that multiple times. What they care about are the lies told about good things coming.
The outcome was 100% known since the judge approved the liquidation back in 2018. From that point on it was only a matter of time until the liquidation ended, monitor was discharged and it was over.
It’s 100% impossible for FKA BioAmber shareholders to ever receive any type of monetary recovery for their worthless shares.
It’s 100% impossible for the worthless FKA BioAmber shares to be traded out for shares in a NEWCO.
It’s a 100% certainty that no company will ever come in and pay off all of the remaining debt which is upwards of $100 mil for a dead empty shell. Neither LCYB, KKR or LCY owe any of you anything.
In a strange twist all the assets sold to LCYB were listed on about 100 pages of the APA. It listed each and every item sold to LCYB.
There wasn’t anyone left at the company to file a plan of arrangement for the shares so they will sit worthless forever. It might take a minute but it will sink in at some point lol
It’s supposed to be boring. The company ended back in 2018 and that is never going to change.
Now that all this time has past and the big barrel of excuses/lies of good things coming has run dry all that’s left is us pointing out the facts to a bunch of folks who shouldn’t be allowed to walk and chew gum let alone invest in Q stocks
You really have no clue what you’re talking about. First off this is the Formerly Known as KAHC board meaning KAHC no longer exists lol.
Second off KAHC liquidated its funds back to its shareholders over a year ago. Man someday you really need to open a book bud. You and that MotorCity clown need to learn how to read lol
Got ya over and out!
Why has there been no covering so far? What’s the trigger to make them cover?
Grey to Pink no cover
Back trading in US no cover
So how have they held this position since 2017 and why not cover when it was in the trips?
Make sure you get the final buyout numbers when you’re there lol
Always like them both. Really enjoyed Artey on the Howard Stern show.
That’s as far as the agreement goes lol. PWC is in no trouble at all over Formerly Known As BioAmber.
Yeah that’s the best part about the facts and the truth the truth never changes. The liars have to keep recycling their garbage as none of it ever comes to pass
There has never been a second step. Why buy the shares when they got all the assets, tech, IP, plant and land for $4.34 mil and didn’t have to pay off the debt or give the shareholders anything
Ok well that was a load of BS lol.
FKA BioAmber did not voluntarily delist. It was delisted from the TSX on Feb 16 2018 because it could not meet the minimum listing requirements, then on March 12 2018 the NYSE delisted FKA BioAmber for the same reason that it didn’t meet the minimum listing requirements.
Dell did not go bankrupt and it was not liquidated it was taken back private through a buyout. Yes it did come back profitable and it continues to make money. There is absolutely no comparison to FKA BioAmber. FKA BioAmber was LIQUIDATED and left all of its creditors impaired (not paid). FKA BioAmber was not voluntarily delisted in the end FINRA suspended the CUSIP and deleted the ticker due to being liquidated for a fraction of its liabilities.
There is absolutely no chance of FKA BioAmber coming back or its shareholders ever receiving any type of monetary compensation at all.
I don’t know where you get this crap lol.
The question asked that nobody will answer was show 1 time in the history of the market that an insolvent company (BioAmber Inc) that had liabilities over $100 mil was shut down back in 2018 when the BOD resigned was then liquidated for less than 5% of that price at $4.34 mil leaving all of its creditors impaired came back to pay its shareholders. I guarantee you won’t find one and Dell is in NO WAY comparable as it was liquidated lol
The facts? The facts were stated in the Official APA which detailed all the assets line by line and page by page
You mean two judges died during the completely unrelated lawsuit that had Zero to do with the liquidation of all the assets and shareholders losing their investment.
It’s also worth it to me to correct the lies as well as watch the liars day after day about good things coming.
Since there is Zero chance of shareholders ever receiving a recovery why come on here and lie to each other that it could happen when it is impossible and that’s a fact
No and they don’t need to be canceled. The liquidations outcome rendered them worthless. The liquidations outcome made it so the shares can never be bought, sold or traded for shares in a NEWCO.
Thats it when a company is insolvent and leaves all of its creditors impaired.
Why would I not include all of the debts owed? Why do you think all of the debts were in the proceedings?
None of it matters at this point anyway since the company was liquidated almost 6 years ago and the liquidation ended going on 5 years ago and that result was leaving all of the creditors impaired the secured and unsecured creditors were all left impaired.
No company will ever come and buy a dead, debt ridden, asset less empty nameless shell that not only has old debts attached. Why would they want to square away all of those liabilities to get nothing but an empty shell in return?
Please explain what value the FKA BioAmber Inc shell has other than the negative value of all the old debt.
In September 2018 when the liquidation was approved Eno had already resigned with the rest of the BOD.
So after the liquidation was approved Eno suggested that or before? I guarantee Eno never suggested shareholders little chance of profiting after the liquidation was approved and if you’re saying he did that is a lie.
I doubt he suggested anything about shareholders profiting other than the usual “there can be no guarantee” that is attached to everything
Final 8k clearly states there is NO VALUE for equity investors
There will never be one. The outcome of the liquidation rendered the shares worthless as FKA BioAmber is out of business, holds zero assets and has no chance of ever repaying the $100mil of debt still owed.
That is why FINRA when notified of the liquidations outcome by PWC suspended the CUSIP and deleted the ticker.
There can never be a monetary recovery of any kind or shares in a NEWCO until that $100 mil is settled and it never will be. No company will ever pay $100 mil for a dead shell
An attorney’s fiduciary duty is to point out the facts as laid out in the court filings. Those facts show that FKA BioAmber shareholders lost their investment back in 2018 with Zero hope of recovery.
It’s not the attorneys fault that folks invested in a Q stock and then held after the liquidation of all assets was approved by two federal judges and then carried out.
Sure we will go with that lol!! How about you post something to prove me wrong? Or better yet post one liquidated PUBCO that came back years later to have its shareholders receive payment for their worthless stock even though all of its creditors are impaired with $100 mil of debt
I was outside when I posted that. Talking to myself is ok as what I post is correct instead of the lies of more to come here
Not one time in history has a PUBCO been liquidated selling off all assets, leaving all
Of its creditors impaired with $100 mil of debt had its shareholders make a recovery
and it will never happen either.
I do challenge you to find one though and report back to the board with it. Not your opinion on it just the actual outcome will do please