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.
I guess you never read the APA in the 6th report as it listed each and every item purchased. No matter as LCYB got it all for a total consideration of $4.35 mil which included ALL of the assets, patents and IP save and except for the cash, AR, inventory and some office furniture located in the US. LCYB also did not want any of the contracts assigned to them so 3rd party owned IP was not transferred as well. Once again it’s all in the docs
The deposit was 10% of the original bid before PWC asked the bidders in the liquidation to up their bid price. LCYB upped their bid price to $4.34 mil after the deposit was turned in. It’s in the docs
Please screen shot every single post LMFAO!!
Yep it’s easy to see how so many got scammed into buying BIOAQ shares and holding them. All of those worthless shares sitting in the former BioAmber shareholders accounts. What a waste of money but that’s what happens when you invest in a Q stock without having a clue as to what you’re doing.
FFS that was one of the dumbest things I have ever read.
Please do some research, speak to a professional and learn how the real world works.
PWC sold ALL of the assets for $4.34 mil which included the tangible and intangible it did not include the cash accounts, the AR, the inventory, some US based office furniture and none of the contracts were wanted or assumed.
Nothing done illegally all done above board and nothing is hidden.
Again lying or clueless. The only thing that happened is that FKA BioAmber was liquidated for a total of $4.34 mil. No second transaction, no NEWCO shares
Shareholders lost their investment
Yep either lying or clueless as none of that is based in reality. The shares of BioAmber Inc were not sold and never will be.
Well anyone who stated more was coming after the liquidation was approved was either lying or completely clueless.
Those are the only two options as there was never a second step, NEWCO shares or any type of monetary payment for shareholders once the liquidation was approved. As soon as the monitor was discharged anyone holding shares lost their investment and that’s a FACT. So for anyone to say good things were coming was either lying or clueless
That is the biggest load of crap and a 100% lie. Nothing is hidden and everything was done above board.
CA’s and NDA’s protect sensitive info they are not and have not ever been used to hide a sale of a company from its owners the (shareholders) to even suggest it shows ones 100% lack of knowledge. You would have a tender offer if the shares were being sold and a sale of the shares would have been put out in an 8k by SEC filing requirements.
#Seriouslydosomeresearch
Nothing as it never took place unless you can show when it appeared on the FINRA’s OTC daily list.
Please explain how there would be anything positive about a scenario that never happened?
There was no bid withdrawn as there was never a bid turned in there was only an LOI
Then again how could there be anything positive or negative about a liquidation that happened 6 years ago in 2018?
The facts are the facts and they have been that way for 6 years with no change.
Psst…
You fell for the liars years ago.
Now you’re just stuck with worthless FKA BioAmber shares ROTFLMFAO!!!’
I know that. My point was all of the good things coming crew feel the super secret second step is hidden by CA or NDA but if that’s the case how does the research company know about it but they don’t lol.
We all know it would be bankruptcy fraud except for the ones waiting around to get paid for their worthless FKA BioAmber shares
If it’s a secret second step covered up by NDA and CA’s how does the research company know about it but the owners of the worthless shares don’t ?
How many shares did he buy lol?
The time to give up and get out was when the liquidation was approved back in 2018 or shortly thereafter. Trading was going to stop when PWC was discharged the only question was when. That was 100% guaranteed. Unfortunately so many fell for good things coming which was a complete LIE.
The day that the judge approved the liquidation it was over with no chance of good things coming, NEWCO shares or some super secret second step. Anyone holding shares when trading ended is stuck with them forever
I guess that’s why he didn’t feel like posting any of the 8k and press releases that were released, uploaded to the Edgar system and are still on there now.
Since they clearly state BIOAQ that started back in July 2018 on the press releases to go along with the 8k would have made that post just plain moronic lol.
EX-99.1 2 d598473dex991.htm EX-99.1
Exhibit 99.1
BioAmber Provides Update on Sales Process
Montreal, Canada, July 30, 2018. BioAmber Inc. (OTCPK: BIOAQ)
Nope Mitsui sold its equity to BioAmber back in 2017 it’s right in the filings that you don’t read.
There will never be NEWCO shares traded for those worthless FKA BioAmber shares but you keep posting nonsense there little buddy lol
Nah LMFAO!! No need to call out the SEC they know as I do that FKA BioAmber is dead and gone. Those 5% owners got hosed the worst as they own the same worthless shares as the rest of the former BioAmber shareholders the only difference is they lost a chit ton more.
The CUSIP is dead and it cant and wont ever return. The suspension by FINRA and subsequent symbol deletion was due to the liquidations outcome. A normal FINRA suspension is 10 days not 5 years lol.
“How wrong can one get it so wrong”
Well since all of your posts are lies, made up nonsense and completely false it appears one can get it quite wrong indeed
Now you go ahead and try to provide one fact showing BioAmber is alive and well LMFAO!!
It was liquidated for a fraction of its liabilities leaving all of its creditors impaired. It’s devoid of assets, holding $100 mil of bad debt, terminated all employees and had its directors resign 6 years ago. Its corporate charter had been voided in its domicile state and has no registered agent. BioAmber Sarina and BioAmber Canada will soon be dissolved as well. As a last step FINRA suspended its CUSIP (can never return) and deleted its trading symbol due to the liquidations outcome
Now go ahead and prove any of that wrong and then post one fact that shows BioAmber is alive and well lol.
If you feel this is going to .60 why wait until it goes to .0009? Doesn’t sound like much confidence to me lol
The court docs, 2 federal judges, monitors reports to name a few.
Like I said either believe it or don’t makes no difference to me as it happened nonetheless and your belief isn’t required for it to be the facts.
Chapter 15 bankruptcy bud believe or don’t it won’t change the fact that FKA BioAmber was liquidated, is devoid of all assets and is nothing but a debt ridden shell that has been voided long ago.
Nobody bought the entire FKA BioAmber Inc company but LCYB did buy all the assets. Maybe someday you will learn to read and understand the court docs and realize you’ve been wrong from the jump.
Or not and keep posting lies and made up garbage either way those shares will remain worthless forever
It’s not advice it’s facts. Nobody will pay you for those worthless FKA BioAmber shares EVER.
Nope you will get paid nothing FACT! The government doesn’t own anything LCYB owns all of the plant, assets, tech and IP free and clear. You can make up all the crazy nonsense you want but nobody owes you a dam thing not KKR, LCY, LCYB or Visolis.
Instead of believing the pumpers and liars you should have read the court docs and got out.
Now you’re stuck with those worthless shares forever.
They got the company for $4.34 mil because it was not only a flop but was drowning in debt with no way to pay it. Over $100 million in debt they couldn’t pay. BioAmber was burning cash and losing money daily.
If you would read any of the financials, court docs, monitors reports this would be blatantly clear.
Seriously would at least read the link I posted with items from the class action case? It will be a real eye opener as it’s not the fluffy made up BS or conspiracy theory BS either. It will definitely shine some light on why BioAmber failed and why it sold for so cheap
High output? You might want to read the link I posted as well
You might want to read this if you want some info on how much of a failure BioAmber was
https://ia600609.us.archive.org/19/items/gov.uscourts.nyed.398965/gov.uscourts.nyed.398965.30.4.pdf
What does it matter if it sits empty anyway?
LCYB backed by KKR and LCY can let it rot away to dust if they see fit. It’s not like it will hurt there bottom line at all.
Thing is it won’t change anything the FKA BioAmber shares will still remain worthless and FKA BioAmber shareholders still lost their investment. Nothing will ever change that
Yeah I know but someday maybe one of the good things coming crew will actually read
What BioAmber Sarina plant?
BioAmber has no Sarina plant and for that matter has no assets at all. Even the corp was voided by Delaware long ago.
LCYB owns it all now and who cares how much grass they have? LCYB owns all of FKA BioAmbers assets period
Why it’s a board to discuss Formerly known as BioAmber
Mitsui owns none read the link
Mitsui didn’t want anything to do with BioAmber and that’s why they got out of the JV.
Might want to read up
https://ia600609.us.archive.org/19/items/gov.uscourts.nyed.398965/gov.uscourts.nyed.398965.30.4.pdf
Mitsui isn’t holding BioAmbers anything. LCYB owns all of former BioAmbers IP.
Mitsui wanted out. Go read the class action lawsuit documents
Wrong again. I just posted the legacy assignment again showing all of them were sold and assigned to LCYB. There’s no way to argue it.
I have posted this a bunch of times. Here is the legacy assignment again showing BioAmber as the assignor and LCYB as the assignee for all the patients.
Let’s not forget it’s also shown in the APA.
https://legacy-assignments.uspto.gov/assignments/assignment-pat-51062-55.pdf
LCYB got everything for $4.34 mil.
FKA BioAmber had all of its Directors and BOD resign, employees terminated and was then shut down. Now it is nothing more than a debt ridden shell devoid of all assets as well as had its corp voided by Delaware.
FKA BioAmber shareholders lost their investment and there is Zero chance of any form of monetary recovery or getting shares in a NEWCO. Let’s not forget that it would be illegal since all of the creditors are impaired and a secret second step would be bankruptcy fraud.
Now go ahead and disprove any of that there sport lol