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You’re just completely clueless. Go read the filings. KAHC returned all monies back to its Shareholders long ago. It’s clearly stated in the filings.
It’s not our fault you fell for the dumbest scam in history. Go be mad at the liars who told you more was coming. The day the liquidation was approved it was over. You had plenty of time to try and get out but instead kept on drinking the KoolAid.
You can keep telling lies and making up stupid crap that will never come true all you want but none of you will ever see one penny for your BIOAQ shares or from LCY, KKR or LCYB
Company closed in 2018 when the BOD resigned plus you don’t own LCY and they don’t own FKA Bioamber. LCY said it might relist in 5 years they never mentioned Bioamber lol
But you don’t own LCY it’s a private company lol. You won’t get a single penny from them FACT
BioAmber will never be relisted and when LCY, or LCYB decide to list FKA BioAmber shareholders will not get shares nor will they get one penny lol. I wish they would list Monday just to read all of the excuses as to why FKA BioAmber shareholders get exactly nothing lol
What does it being delisted in 11/19 have to do with anything? LCY even if they go public Monday it won’t change anything for those worthless shares lol
You might want to read the next line that defines certain aspects of All of the companies assets
On October 22, 2018, the Company completed the sale of certain of its assets to LCY Biotechnology Inc. (previously 9384-3076 Québec Inc.). These assets comprised all of the Company’s assets, save and except for the cash, accounts receivable and inventory of the Company, and also excluded certain U.S. based office equipment.
What are you a shareholder of? BioAmber no longer exists as it was shut down in 2018 when all of its employees were let go and its BOD resigned.
You know it’s not an accomplishment to be holding your shares. You can’t sell or trade them and honestly why bother taking a tax loss.
I would keep them as a reminder to be more diligent with your research. That way you can minimize your losses in the future as I am 100% certain you will never receive any form of payment for your worthless shares
That’s comical it is 100% impossible for us to fail on the other hand you all have 100% lost your investment here.
Please keep those worthless shares forever as nobody wanted them and there is no use for them other than to remind yourself how you need to learn quite a bit before investing again lol
Oh yes the shares exist in your account but they will never have any value again. They are attached to about $100 mil of bad debt with ZERO assets to speak of.
So yes they “exist” but have Zero chance of ever being sold, traded or have any type of value again.
So is that a good thing ? You can never get any type of monetary payment for them
Did you actually read it? See there is nothing at all in the FKA BioAmber files about anyone wanting or buying the shares lol!!
The outcome made them worthless junior. Show me where it states the shares will be bought out with back royalties.
Show me where it states you will get new shares from a newco.
It does say that the shares did not sell. It does say that there was no value for equity holders and it also states that all assets sold to LCYB including the plant, land, IP, patents, trade name and all other assets of value save and except for the cash, AR, inventory and some office furniture in the us. LCYB also didn’t want the contracts assigned.
No employees, no assets, no way to make any product. That is all stated quite clearly but I guess you skipped over that as it doesn’t fit your nonsense
Wow you posted something that isn’t even close to what happened to FKA BioAmber. Not only were the shares of FKA BioAmber never wanted at all but the monitor went out of their way to tell everyone that no transactions were going to happen and that equity holders were going to get nothing. When shares are attached to an insolvent company that sold off all of its assets and still has 100 mil of debt that has all of its creditors impaired it’s over. Seriously just search google or read a book if you can because that was just comical
Man oh man you really do show your level of incompetence each and every day. Here’s to you for not taking the time to see how clearly wrong you are lol
Yeah I would have rather spent that money on something fun but hey ending up with a bunch of worthless shares and a lost investment must be fun for you
What CUSIP number? When FINRA suspended it due to the liquidations outcome and Zero chance of the debt being paid that’s the end. You do know that the CUSIP number can’t be used again right ? This isn’t an SEC suspension bubba. Man you chaps seriously need to go back to school
Once again you post things that have no basis in reality. If they were alive and well they would be attached to a legit running company, second even the corp has been voided for nonpayment of taxes. How do you think a deal for the shares could be made in your fabricated fantasy land deal when nobody works for FKA BioAmber? You do know one very basic but important item needed to affect any change in the corp right?
Should just start calling it Lioamber due to how much the good things coming crew lies to each other about a BS deal awaiting in the wind
That’s a lot of money LCYB can go after but FKA BioAmber will be getting nothing lol. You should buy that report and post on the board
Yep I like to point out the facts
No need bud with the 100 mil of bad debt attached to them they are dead
The shares are dead due to the liquidations outcome. They do not need to be canceled as the company was liquidated, sold off all assets and was shut down years ago. Let’s not forget its nameless voided debt ridden shell too.
Makes no difference that the CUSIP was suspended as the shares are attached to a dead shell with 100 mil of debt attached to it
One thing is for sure and that is none of us telling you it’s over are wrong period. There is nothing that could “bite us” there are no agendas period.
Do any of you know anything at all about an insolvent PUBCO that was liquidated (FKA BioAmber)selling off all assets for less than 5% of its debt load leaving all its creditors impaired and none paid off. Terminating all of its employees back in 2018 as well as having its BOD resigned leaving the monitor to oversee the final stages of its liquidation and company shutdown over 5 years ago.
FINRA suspended the CUSIP and deleted the ticker due to the liquidations outcome.
None of you have even the slightest chance of ever getting a penny for your worthless shares ever. You have a chance to win the lottery but not getting paid for those shares. You will be bit by a Megalodon in your bathtub and still have no chance of a recovery here lol.
It is funny that some think there is a secret Cabal with an agenda trying to steal hundreds of millions from shareholders when the entire company only sold for $4.34 mil lol
Majority of what may I ask?
The company was shut down in 2018, the liquidations outcome left the shares worthless and shareholders out of luck. Your stock isn’t worth the paper it can be printed on. The company that those worthless stocks are attached to is a nameless, voided empty debt ridden shell so are you happy to be a majority of that?
Neither do we as to why you think there is anything left for you but is what it is. I guess folks who over extend themselves just can’t admit they got scammed into buying worthless stock as if you bought anything after the liquidation was approved you were playing Russian roulette as to when it would all end.
Whoever was left holding and even dumb enough to be buying all the way up to the end really needs to learn a hell of a lot more about trading, liquidations of a PUBCO and the stock market in general. I can’t believe folks where buying up to the end as it was set in stone since Sept/October 2018 that BioAmber was gone, all the assets were gone and that the shares were going to end worthless and dead in the water. Just makes zero sense to me
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