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I said this on another board and it rings true here as well.
Why is the truth such a problem? The companies shady past and its actions are a matter of record and should never be hidden. Trying to cover up the past with lies is why our country is the way it is. Folks who don’t have a clue blindly following the lies (like the fake NSS position) shouldn’t be allowed to trade without supervision.
Why do folks follow the lies when every single legitimate source disproves them and the companies own filings show such a sketchy past of decimating shareholders
Our society is Fked up due to people lying to make a living like the good things coming crew and their followers who don’t have a clue blindly following them.
Wake up and realize the problem will NEVER be the truth the problem is those who fear the truth not the ones telling it
You’re right those liars who cooked up the story of more to come after the liquidation should have a special place in hell I agree
Formerly Known As BioAmber is not involved with anyone. BioAmber was shut down in 2018 when all of the employees were let go and the BOD resigned leaving only PWC to finish out the liquidation.
Show me some developments that happened after September 2018 and not before the bankruptcy/liquidation occurred as anything before that means absolutely nothing
Headquartered in Plymouth, Minnesota, NatureWorks is jointly owned by Cargill and PTT Global Chemical, a Thai state-owned company.
Too bad BioAmber isn’t involved in NatureWorks or anything else lol. Nice post from 2012 that was 6 years before the liquidation and subsequent shutdown of BioAmber lol
The liquidation off assets and you losing 100% of your investment is not alleged it’s written in stone in the monitors reports and court docs :)
You’re right the liars did that with more to come to a liquidated company enjoy those worthless shares
Majority of a 5 plus year old liquidated company holding strong lol!!
I haven’t heard anyone use that phrase in years. Roofer? Commercial or Residential
If you seriously believe that then I truly see how you got scammed here
What are you a majority shareholder of other than a voided no name corp with $100 mil of debt attached to it? So is that a good thing now a days?
Because you still own stock in a publicly liquidated company even though you had a year plus to try and sell it after the liquidation was announced. From September 2018 when the liquidation was announced you should have tried to sell asap as it was always going to end in your holdings being worthless once the music stopped.
What certain assets? The APA told you what assets were left. LCYB purchased everything the plant and land, the IP, all the tech, the trademarks, trade name and everything else of value save and except for the cash, AR, Inventory and some office furniture located in the US. They also did not want any of the contracts assigned so third party tech was not assigned either. They also did not want or purchase the shares as that would have been monumentally stupid as they would be on the hook for the $100 mil of unpaid debt lol.
So this make believe fairytale Newco has no assets left to speak of lol.
Where did you come up with this fake Newco anyway?
LCY will showcase its products made with ITS OWN technology as it purchased it through LCYB back in 2018.
None of it has anything to do with Formerly Known As BioAmber or the former shareholders still clinging to their worthless shares and a lie of good things coming.
Worthless just like every other day since the trading stopped forever back in 2019
The CUSIP isn’t active and if you mean the corp it was voided long ago for unpaid taxes
Former shareholders (as the company ended in 2018) lost the battles and the war when they believed some conmen were leading them to riches with buying stock in an insolvent liquidated company. In the end all the FKA BioAmber shareholders got was worthless bags of chit tickets
There is NO CHANCE this goes any other way except as it is with the shares worthless and BioAmber dead and gone.
Back in Sept 2018 when the liquidation was approved that was it the end was 100% known fact as that’s what happens when a company is liquidated of ALL its assets for a fraction of its liabilities leaving all of its creditors impaired
You know they have to rinse and repeat to make it seem like a new development lol
It’s not amazing it’s asinine.
“On July 30, BioAmber announced it was seeking court approval to pursue liquidation of its assets as well as alternative investment offers after the company failed to receive any acceptable sales or investment bids by a July 27 deadline. “
https://biomassmagazine.com//articles/bioamber-moves-forward-with-plan-to-liquidate-its-assets-15519
Do you even know what arrogant means? It comes from a Latin word and means “to claim” as in someone claiming credit or advantages they’re not entitled to.
Arrogant would be coming on here with made up gobbledygook passing it off as the truth with Zero facts blatantly lying like IE and the good things coming crew do all the time.
Telling the truth is in no way arrogant if is backed by facts and 100% true.
Telling the truth based solely on one’s opinion is definitely arrogant as it’s just your opinion. Good thing for me I have the facts to back up what I say.
There will never be a good reason to suppress the truth
Telling lies of more to come is disrespectful, condescending and rude to say the least.
Hey whatever floats your boat call me whatever you like lol
You couldn’t even begin to get under my skin LMFAO!!
That post coupled with the fact that you fell for the dumbest scam in history shows me just how little your intelligence is. Keep up the good work 🤡
I’m not the arrogant one my dear boy. I have only spoken the truth backed by the facts but when I get called a liar and all the other nonsense you and your cronies throw out there then I might as well act like a child and respond in kind.
I’m not sure why you all get so defensive over the fact that you fell for a con it happens daily. You all get mad over being told the truth but the ones who lied to you and still lie about good things coming are all ok.
That just makes no sense to me. I would rather have the truth then a lie but I guess the lies are easier to swallow
Once again nothing based in reality. You have no choice but to hold there bud. Yes LCYB I’m sure will make money off the assets and tech that they bought for $4.34 mil. That will have nothing to do with you or any other FKA BioAmber shareholders. The only liars here are you and the rest of the clueless.
It is 100% a guaranteed fact that not one of you will receive a penny for your worthless shares.
Someday you will hopefully wake up and learn just how clueless you are
I would rather be remembered as the guy pointing out the actual facts that this was over the day the liquidation was approved than the guy who thinks this could be one of biggest investment plays of the century when that is 100% not possible
Just read this LOL!!
The monitor received the ENTIRE PROCEEDS US $4.34 mil
[29] The Visolis transaction close on October 22nd 2018 with the Monitor receiving the entire proceeds from the sale namely US $4.34 mil from the end-bloc purchase of the assets of the three petitioners which necessitated that an allocation be made among the various secured lenders having security interests against said assets. Its is not necessary for the purpose hereof to discuss further this ensuing aspect of the Visolis Transaction which resulted in agreements being reached between the secured creditors with the approval of the monitor.
Wow talk about out in left field. You have really gone off the reservation by following the clueless.
Do you really believe any of that nonsense you’re spewing or is it all just BS? I just can’t fathom how an adult could be so lost as to the actual facts and invest in something you clearly don’t know anything about.
Yes Trader59 is presenting the facts in his responses to the total fabricated lies being offered up as facts by another one of the good things coming clueless crew
If that is the case then why did LCYB lay off 30 employees and started focusing on other products due to a lack of demand for BIOSA?
A biochemical manufacturing company has cut its Sarnia workforce by about 30 jobs while it ENDS PRODUCTION OF SUCCINIC ACID and looks to switch to making bio-based nutritional supplements.
https://www.theobserver.ca/news/local-news/sarnia-bio-chemical-plant-lays-off-30-workers-and-switches-production
Just like your entire post IE hasn’t posted one thing based in reality.
IE posts complete nonsense and not one item is backed by facts lol.
FYI… you guys could own all the shares and it won’t change a dam thing. LCYB doesn’t need a share majority as they were able to purchase all of the assets and all of the tech for $4.34 mil without needing your permission lol.
When LCY and LCYB go public and you’re still sitting here staring at those worthless shares what will the next excuse be?
You guys could own all of the shares and it still wouldn’t make a difference.
Why would someone payoff the $100 million in old debt to get and empty voided debt ridden shell?
LCYB got all of the assets and all of the tech for $4.34 mil
Still posting garbage I see. This is what happened. All of the assets including the IP was sold for a total consideration of $4.34 mil to LCYB. There was no restructuring. There was however a liquidation of all the assets, termination of all employees, resignation of the BOD and then closing the doors of BioAmber for good
Here is the post from T59
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150204158
[29] The Visolis transaction close on October 22nd 2018 with the Monitor receiving the entire proceeds from the sale namely US $4.34 mil from the end-bloc purchase of the assets of the three petitioners which necessitated that an allocation be made among the various secured lenders having security interests against said assets. Its is not necessary for the purpose hereof to discuss further this ensuing aspect of the Visolis Transaction which resulted in agreements being reached between the secured creditors with the approval of the monitor.
[71] With respect to maintaining the CCAA proceedings, the Court cannot ignore that there is no longer any need or chance of restructuring BioAmber as the three corporations no longer have any tangible assets left nor any funds available to resume their operations and production of the products needed by Vinmar, without forgetting that all of their officers and directors have resigned since August 31s, 2018 and that none of the secured and unsecured creditors have shown any interest in pursuing the proposed uncertain and
risky litigious venture.
That’s not correct.
Your maximum net capital loss in any tax year is $3,000. The IRS limits your net loss to $3,000 (for individuals and married filing jointly) or $1,500 (for married filing separately).
Yeah I bet Sabby wishes they had their shares LMFAO!!
Seriously how can you post such a stupid comment and be able to walk and breathe at the same time?
Nobody will ever see even one penny of recovery for their worthless shares. The smart ones sold before the trading stops. The rookies kept buying up until the end like sheep to the slaughter
How many does Miller own lol.
With millers 6,500,000 and
Gocongs 7,000,000 that is a lot of wasted money all because
Of a con job and zero knowledge of Q stocks.
Now they are stuck with all those worthless shares and a good chunk of money they might as well set on fire.
Man girl you’re getting all kinda sassy over being told you lost your investment in FKA BioAmber and it would be wise to not invest in Q stocks until you have learned quite a bit more. Q stocks are not for rookies especially gullible ones.
Sweet!!
Then you will actually make some money here at FKA BioAmber instead of losing it like you did with your investment in FKA BioAmber.
Hopefully you have some knowledge in bashing because your sure don’t have any in investing in Q stocks.
Why do you keep putting up old posts of utter nonsense and made up lies?
CSCS was another one spewing complete nonsense. In that post he clearly states that the Land was NOT in the Visolis transaction LMFAO!! It most certainly was as is easily verified.
You might want to read the judges words which show that post to be nothing more than complete made up nonsense from another con artist.
Here is the post from T59
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=150204158
[29] The Visolis transaction close on October 22nd 2018 with the Monitor receiving the entire proceeds from the sale namely US $4.34 mil from the end-bloc purchase of the assets of the three petitioners which necessitated that an allocation be made among the various secured lenders having security interests against said assets. Its is not necessary for the purpose hereof to discuss further this ensuing aspect of the Visolis Transaction which resulted in agreements being reached between the secured creditors with the approval of the monitor.
[71] With respect to maintaining the CCAA proceedings, the Court cannot ignore that there is no longer any need or chance of restructuring BioAmber as the three corporations no longer have any tangible assets left nor any funds available to resume their operations and production of the products needed by Vinmar, without forgetting that all of their officers and directors have resigned since August 31s, 2018 and that none of the secured and unsecured creditors have shown any interest in pursuing the proposed uncertain and
risky litigious venture.
Way to go. Thanks for showing once again that FKA BioAmber was liquidated selling off all of its assets and only its assets lol. See you just showed how worthless your shares are
Hundreds of companies from around the world are using LCYB (formerly BioAmbers Tech!!). It’s a free for all and LCYB is making trillions off of it!!
Too bad you don’t own stock in LCYB you only own worthless FKA BioAmber shares. Oh well better luck next time 🤡