Wow since we are loaded with BioAmber Professionals around here maybe one of you could point me to where Naxos is on the Creditor Service list for the CCAA????? right.... since they gave so much money to Bioamber and had Secured interest, Voting power and Shares. They surely would be on a list of owed monies for a company in Bankruptcy correct??? I mean what they had was called SECURED INTEREST and I no see them on the list papa. Cause you know they would be at the top right next to the Fkn Queen.
wow, i guess they just said Fck it right? money gone time to go home and cry to mommy.
The reason you have not heard a thing is explained down below IMO of course. Majority Owned, Pink Sheets, They don't have to say shit to YOU. You are along for the ride. When in doubt, read the SEC docs and it will tell you what happened.
and you wonder why we are all still here.....LOL... Enjoy the Show, Glad your all here.
if you can do math.... this is a good read. get your pen and paper and play with those numbers.
Well not sure about you guys, but this CLEARLY says that 2 different companys bought bioamber and its assets in 2 seperate transactions.
This one was the Bioamber Inc from LCY Biotechnology, a Sub of LCY chemical. And it was bought from a large shareholder and first investor of bioamber. So change of control would apply here IMO. looks like it bought controlling interest in the company.
this one was the ASSET purchase from the New Co with LCY and Visolis. so this is the CCAA transaction. Not to mention the MRO title of the deal.
so I see 1 transaction with the Sarnia Assets and another one with the Main Company. What do you see? 1 transaction or 2? If anyone says its the same thing im not buying it at all. its not.
and you have to add this to the whole shabang as well....It all adds up. One day they will monitize this transaction when it goes public and change investors from private to public.
Notice that anyone that post anything factual with attachments to the statement to back it up is always condoned by someone with NO attachments but always saying your wrong ? How about some more effort huh? Show me we are wrong, not just say it. I say everything you post....someone can post the other side of it. Hence why we are ll still here including you all .
I LOVE how the Non Shareholders around here think that all these folks just Voluntarily voted to shoot themselves and Their partners in the Foot and give away everything they have built. You think these folks are going to just walk away with tail between the legs? They just say.. " Hey.. we tried ". Lets just give it all away for free, patents, people, plant and market ownership They Built a MARKET.. You don't think that someone saw the potential for this product? Ok... what ever. I can read the Iron Clad Warrant Agreements that say that they can't close the books and if the company is acquired, the warrants go with it deal.... its right there for all to see, but some choose not to see it. I am just waiting to see what butterfly we turned into.