Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Really pulling at straws, can't find any documentation stating the shares will be cancelled?
The CCAA Judge stated that Bioamber does not have the status of bankrupt unless they file for it in his final Judgement... Some confusion?
I'm excited for what LCYB is cooking up, we can only hope they are getting invoked in AI/Machine learning driven metabolic engineering of organisms... Fascinating stuff that will take over the chemical world
None, no residual value from the net proceeds of the Visolis Transaction is VERYYYY far from:
"FINRA was notified the equity has no value"
A damper!?!
So is the Class Action holding the CCAA from ending?
Which Monitor's Report states cancellation of outstanding shares of BioAmber?
Which court document states the Judge approved winding up/cancelling shares?
This is more pinkyland wishful thinking!
CS
Hmm that's strange, Bioamber Inc ordered bioSA from China in February 2018... They stored it at JMS Warehouse... They are listed in Accounts payable.
Then April 6th, 1 month before filing for chapter 11, Bioamber Inc retained Laura Davis Jones with a $250,000.00 USD retainer...
Why would Bioamber order BioSA from China?
Why retain one of North Americas top restructuring lawyers?
This is/was a very complex restructuring
That's not what I posted.... Thanks for that opinion though...
Hahah
"ACTUALLY there is 100% chance that some shareholders will receive SOMETHING from the Class Action settlement..."
Awesome will take your opinion as just that, not THE LAW!
I guess documentation means nothing up against a strong opinion
HAHAHHAHA
LOL
Keep spinning bud #sharesremainintact
Wish full blinking? The plaintiffs and All defendants came to a preliminary agreement on all actions....
Keep up that search for share cancellation
I'd suggest contacting Rosen Law Firm if you are unsure about the class action and its details...
It is not too late and no deadlines have been missed for filing a claim once the courts grant preliminary approval..
I love the new spin:
I wonder how many shareholders will be in on the class settlement...
I'm sure once the court grants preliminary approval, notice will go out to all potential class members. At that point, class members will be able to make a claim...
TO SPLIT ZERO DOLLARS HAHAHAH
The lack of any common sense is applied to the cancellation theory... why would BioAmber Inc settle a class-action lawsuit if it was indeed an out of business debt-ridden worthless shell...
Hahahaha
LEGAL OWNER IS BIOAMBER SARNIA
YOU DO KNOW WHAT A LIEN IS I WOULD HOPE?
Still going on about redacted lines a year later hahahah
Talk about a waste of a year....
ahahhah
So JF Huc settled and is funding it himself out of his own pocket
Hahahahah
Hahahah
Hahahahahhahahaha
The ONLY SUPER SECRET FAIRY TALE is the suggestion/opinion that shares are worthless and will be cancelled
RIDICULOUS
Where is the settlement agreement with Wayzata catalogue in detail in the Monitors Reports!?!?
NOWHERE!
How can Bioamber Inc make a agreement with a class action case when secured and unsecured who are first in line not paid in full!?!
THEY CANT
Unless....
Creditors are made whole first, going to be an exciting 45 days considering Bioamber Inc made an agreement during the current stay of proceedings.... If bioamber Inc was to dissolve and be wound up why would they settle!!!?!?
Hahah
The fantasies are ridiculous to suggest there is nothing more....
Must have missed that explanation...
Bahahah
Missed some crucial parts to understanding NOL's... Like always
Anyways, know anything about section 382 during corporate bankruptcy???
NAH
"Section 382 was enacted to prevent corporations from trafficking in NOLs and sets forth limitations on the use of NOLs and other tax attributes when a corporation undergoes an “ownership change.” The definition of an ownership change is a change in stock ownership that results in a more than 50% increase in stock ownership (by value) by 5% shareholders (or shareholder groups) over a three-year period. An ownership change may occur through the sale or exchange of stock by a shareholder or through the issuance or redemption of stock by the company."
Please explain this statement:
Just an FYI...
In the Zubriski vs Bioamber Inc case they were seeking Millions in damages...
They reach a fair agreement.... That's doesn't mean zero hahaha and no they didn't receive any of the distribution from the Visolis Transaction.
Let's not forgot that Bioamber Inc retained of the North America's top M&A lawyers to represent them in the USA... For shareholders of Bioamber INC
GOOD THINGS COMING
Blah blah blah
COMPLEX RESTRUCTURING
SO YOUR SAYING PWC made an agreement after asking to be discharged...
Hahahahha
Reached an agreement during the current stay of ANY proceedings and its to say you get nothing
Hahahahah
Lack of understanding of the word agreement I see.
I thought Bioamber Inc was a debt ridden shell with no money and all bank accounts closed...
NOPE
Greatly appreciate your opinion and DD over real verifiable documents and facts, weoooooo
In your opinion does Bioamber have anything to do with Vertubio? Asking for a friend
Straws made from bio-succinic acid... probably decent considering he setup LCY Biotechnology Holdings himself... Still waiting for a link to the flawed opinion shares will be cancelled...
Its really easy to post a link, quote the law or heck just stop paying attention to this "debt ridden worthless soon to be cancelled shell"
Hahahah
Shares cancelled? Where's the paperwork, should be easy to provide? The law?
Shareholders are stakeholders, contact your professional advisor if there is still confusion understanding that...