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Folks need to review your link a few times. After the 2nd or so time a smile will happen followed by a slight laugh which may get a little loud over time and maybe turn into an uncontrolled roll on the floor LMAO moment which may be embarrassing to watch so be careful where you review this material.
0 dollars for Real Property !!!!!!!
$921,958 secured debt by property !!!!!!!!!
UNSECURED CLAIMS !!!!!! including vacation time and bonuses.
UNSECURED CREDITORS !!!!! Add them all up and you get about Liabilities of $6,403,197 and assets of $116,137,537 with accounts receivable at $14,035,053. That is not including the $6.7 million of intangibles they listed as well. I know its been said before over and over again, but sometimes you need a refresher. Folks wonder why we are all still here.....HELLO!!!!!!!!! Upfront makes much more sense as well as M.R.O. for 4.3 million. Seems to be a ton of missing value here.
LMAO... and folks think bioamber is dead... look at those numbers. why even bother.. oh i know why... good things coming thats why.
Fairy tail? What? No one made that up it’s on the factories website. Again making comments that make 0 sense. It’s like you don’t see it.
How about you dip in those folders there and grab us the chyna cash flow sheet there boss please.
I guess everyone is just mistaken then over in Chyna. they must be using their name to sell product and have no relationship to bioamber at all. counterfeit product maybe? better get a trademark attorney a call since they are using their name to sell product when there is no relationship ahe?
Maybe Pirate has got it in that HUGE database of files he posted last night. Maybe in the folder labeled Confidential? can you search that please Pirate? thanks in advance.
Can anyone point me to the cash flow statement of the chyna factory please? or was that just made up fantasy too and does not exist.
how do you explain those statements I submitted in screenshots then? can you explain what you read there? I see it as " what the %$#@" how can this be? I think some folks have some explaining to do.
maybe the didn't, or maybe they did. I was not there.
Also why folks still hang around is this Chyna thing.... we never heard of anything going on over there except a few JV deals in the works, but for some reason there is a very LARGE factory over there producing a TON of BioSA of BioAmber product that is shipping to customers all over the world. Shareholders have been tracking the shipments for YEARS during this whole CCAA process and from what I can tell its MEGATONS upon MEGATONS of product. PROOF IS IN THE PUDDING....
BioAmber being the TOP SOLUTIONS TO OUR FACTORY
500,000 TONS A YEAR.
good luck finding this info again, once i posted it years ago, the website changed and could not find it again. You dont think that someone wants to hide this fact do you? because if you go to BK court and you don't share that you have this going on and try and hide it? what would happen if they found out? Not that it happened, just saying......
That is so funny... because when I discuss things with other Shareholders, all of them have their shares still. I am talking in the millions and millions. Folks I know only bought and stashed away. Looking at this chart tells the same story as well. sorry but your pump and dump does not hold water at all when looking at the evidence.
this was 2 days before the freeze too bud.... recent info.
that is a very good observation there bud. good question too.
If bioamber execs wanted too... they would have dumped sarnia in the liquadation and kept BioAmber Inc. seperate and still been in business with the patents and toll agreements still making BIOSA and still filling contracts without expenses of the Plant.
They Choose this path voluntary. Why? cause they lazy? No... more to come.
4.3 million for 180 million dollar plant with no debt paid and all patents gone is a fkn joke.
no need for that at all.
Why the large investment into Bioamber months before ccaa filing?
Did those folks just want to lose money and got scammed? I think not.
defunct or bought out? Cause bell south merged with ATT.....those folks got shares of ATT. got another one?
BioAmber specifically seperated Sarnia and the plant just for the reason that if it failed, BioAmber would live to see another day. So with the liquidation of Sarnia, BioAmber should have been just fine. so... there is more to this case then was is lead to believe. I will hold and wait some more.
wtf ever man, the law suit just finished 2 weeks ago. cant merge or buy a company with a pending lawsuit. Still hopeful on an outstanding outcome. you or I are not going to change what happened. Im sticking with ENO on this one. Company sold.
When you look at the numbers and the future, its a no brainer. sure it takes losing money for while when something is new, but they were successful in what they developled. I understand why folks are interested in Bioamber for the long term.
I will wait some more thank you.
it also says UPFRONT which makes alot more sense.
Well, if you don't smell something wrong here, its not my fault your nose don't work.
To have 3 companies and a Plant valued at 180 million go for 4.3 million dollars with no debt being paid off in full, the title transferred and STILL settle a lawsuit from shareholders....all while conducting business as usual..... we are surrounded by some very stupid people.. in the courts and in the world.
Still love how BSA still got shipped during the whole process to make sure that contract was still valid, but NOOOOOOO its not worth a damn thing judge.......
I think we are still missing some vital information about this whole deal because it just seems WRONG. Assets outweighed Liabilities from the get go.
I think the debt was trasferred to new owner or paid off completely like PWC said. I also think this is a 2 step process and the first step was to move Sarnia out of the picture. Something is still missing. We all will still wait wont we?
you guys act like they sold pencils and staplers from the 80's. Not quite.
Getting " certain assets" from bioamber does not give you the right to say you have " aquired " bioamber either. but yet they say they did. It would only make sense to keep the corp vail going as you dont want all your eggs in 1 basket when it comes to Patents, subs, agreements and so forth. you need to split those things up. So....LCYB got Sarnia and the parent should be either LCY or KAHC, or split between the 2 maybe? or all to LCY. that is yet to be seen. I could see multiple companies getting multiple entities to keep this going. You have deals in China, Brazil, Thailand etc... each may need it own corp in case things go south.
You have to love how all of this starts off with a bid for sarnia, then they slide in " the companies " to refer to Sarnia, Canada and now Bioamber Inc yet each is its own legal entity and then they say that " the companies" went into liquidation. Its mumbo jumbo bull crap paper whipping and playing off that everyone is stupid and folks wont check up on them, But they Will.... Yes they will...Like debt is paid and subordanate to others, then turn around later to say its not.. tick tock. The next move is crucial to the future of everyone involved. Eyes are still watching.
I find it funny that the CEO of LCYB for 3 yrs KNOWS NOTHING ABOUT BIOAMBER when asked about it. Just plays stupid..... How da fk do you not know about bioamber when you paid 4.3 million in an upfront transaction????? Just more games and everyone is stupid.
Question: Do you think that BioAmber Inc could survive without biaomber sarina, bioamber canada and the Plant? I think they could.
that was some weird crap right there man. he answered a question and I said thank you.
lets hope all that changes for you real soon.
nice, thank you
So Anyone in the lawsuit get thier check yet? Checks have been mailed out. I find it funny that we have no updates here on old shareholders that were a party to the Lawsuit, where did they go? I would have thought someone would chime in and say " hey, got my check...."
4 yrs and most companies are still active.
Someone bought a boat load of shares 1 month before voluntary CCAA filing.
CEO said the company Sold.
BioSA was being shipped the whole time during CCAA and after from factorys using bioamber tech.
BioAmber was key in setting the standard of bio S.A. in China.
Bioamber was first to market bio S.A.
Customers loved the quality of bioambers product.
lots of reasons to be here still and you think it just died with nothing left.....I disagree.
I dont know man, do non shareholders of a stock stay on a message board and write paragraphs telling everyone that they are stupid and you are right over and over again each day? go get a life and quit worrying about us ahe? We choose to stay here, so do you. but I can post reasons to be here.
I have my reasons to be here, so must you. I can see change of control in the SEC docs, like IE and BOD have said.
That my friend is a good start of change of control.
Wrong. change of control was also in Terms for the executives to receive pay and bonuses if it happened. Do you think they wanted to get paid or no?
Ok, read with me and lets look at the definition of Subordinate to be sure you understand.
Definition of subordinate
(Entry 1 of 3)
1 : placed in or occupying a lower class, rank, or position : inferior a subordinate officer
2 : submissive to or controlled by authority
3a : of, relating to, or constituting a clause that functions as a noun, adjective, or adverb
b : subordinating
All amounts owing that are subject to the KERP charge have now been paid.
Now you can't pay the KERP until......
Interim lender, comerica bank, BDC capital and Her Majesty the Queen HAVE BEEN PAID IN FULL IN CASH. 39.5 million dollars roughly. CAD.
folks around here think we are stupid and have no memory.
8th report for you lazy azzes. Do i need to post pictures for you?
I will wait right here for this change of control to finish and our new owners to say Hello.
I love how so many think that bioamber just grabbed its ankles and took it like a champ in a voluntary way.
hopefully all those will be answered in the near future. We are all still here aren't we?
tell that to the link he just posted and do your own search. 2022 bud, not 2019.
Wow, quite a few I may add...
For nothing to be coming... you would have to have Richard Eno and Sandy Marshall to be a complete liar about what went on. I would think each of these folks have enough self respect and understanding about what the consequences would be in such a case that it hardly seems reasonable. Hence the reason most of us are here. Go Bioamber. Some of us still believe !!!!!!
So 4.3 million for a state of the art manufactoring facility valued at 180 million is a normal deal? really?