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You said: I doubt any DCGD investors have a margin account
Wrong
Trading like the debt ridden insolvent shell it is???
Upfront payment or maybe this happened:
https://www.thetaxadviser.com/issues/2016/nov/transaction-pursuant-qualified-stock-purchase-treated-as-distribution-in-liquidation.html
Did Bio-World Congress not get the memo?
http://go.bio.org/rs/490-EHZ-999/images/BIO_Chemical_Companies_Report_2018_FINAL.pdf
KKR sucks at legally transferring titles then. Please check the land registry and the patent and trademark ownership for bioamber because bioamber still owns it all. Maybe KKR is not versed with “THE LAW”!
Mods can we sticky this post?? 480 +1 coins deserves a sticky!!
That will be an infamous quote right there..
Uhh WRONG
Post 84092 by the solo band; said the insurance would’ve funded it. I disagreed with that as well for other reasons. But your additional confirmation is appreciated. Nice to agree on this one!
#TEAMWORK
Yeah I read it; but I also emailed Rosen Legal. It’s a personal email so I wouldn’t want to violate that privacy. Oh efffff
Ok let me follow your “logic” here: the class action suit has a court ordered STAY on it (I’m assuming you know what a STAY is) and the attorneys for the plaintiffs and the insurance carriers got together anyway and decided to come to a settlement in the case and the insurance carriers decided to just fork over money when legally they we’re not required to because of the STAY against the case. Yes; that’s what insurance companies are known for-paying when they aren’t legally obligated to because of a COURT ORDERED STAY. Whew! that’s one pile of fantasy crap being spun!
No attorney was required!!! Hahahaha. Eff that’s hilarious
Did the insurance carriers also cover the legal fees for bioamber in this settlement? They already owed Goodwin as a creditor. Did Goodwin rep them as a goodwill gesture for NOT paying them yet? Lots of legal for gratis with this debt ridden shell...or their getting paid somehow. Wonder how? No bank accounts or cash left. So weird!
The other defendants?? The former bioamber executives are funding a class action settlement? Your saying the other listed defendants Huc, Orecchioni and Saucier are funding this; yet the judgement from the ccaa is submitted as an exhibit.
Now that is one wild ass fantasy being spun.
BioAmber has no cash; no bank accounts. Amounts that went to bioamber inc were secured by creditors and already distributed. What other avenue will be funding this class action lawsuit? And why would they need 45 days if it was cash??
Funding the class action settlement with shares...just sayin.
Class action was seeking punitive damages and all legal and court fees. 200k that went to bioamber inc belongs to secured creditors including Mitsui that was arguing over the amount. If any money went to the class action PWC would need to include it in a cash flow chart since were still under the ccaa. That’s the LAW! Jack!
Just wait...You'll be told that doesn't mean what it says and that it has nothing to do with bioamber.
But yes you are correct
??????,?????????????? ?5%??????!! ??????????
Hey Bruce if it’s a problem being over 5% there are about 20 attorneys working this debt ridden shell that could contact those two ass hat sec filers and kindly ask them to sell some shares and get below 5%. I even think Goober speaks Chinese if that helps.
Bioamber:
No cash
No bank accounts
“No assets”
Where are they going to get any money for a settlement within 45 days???
How many avenues are available to them?
1
Ok we’re done. Explain to secured creditors how a class action just got settled before they did while under protection from the class action. I can’t believe I even had to write this!!!
BioA FOR THE WIN
AND WHERE DID THAT MONEY COME FROM??
Welcome!!!
No way does a class action lawsuit get settled without secured and unsecured creditors getting paid. Since all the assets have sold there’s only 1 way creditors are getting paid! SHARES ARE GETTING BOUGHT OUT!! BAHAHAHAHAHAHA CANCEL FANTASY is....
DEAD!
GUESS THAT EXPLAINS THE DELAY AND THE CCAA NOT BEING OVER.
Interesting
A fraudulent 8k?? It’s not like Costello stole someone’s identity!!
Easy now
Hahaha killing what’s dead already according to you. That’s awesome brother!
What’s that matter? Are you saying the NOL’s are part of the deal and have value? Spinning hard in fantasy land today!
Part of the Bankruptcy Law
Section 382(l)(5)
It’s part of the law
Fantasy section 382(l)(5).
It’s not even avoiding the “LAW”. Debt for equity swap is legal
No stake in this but this is fun as hell to watch! Congrats to those longs. Funny as eff reading about wash trades.