Terra Via Holdings Inc fka TVIAQ

[JMH14865]

I realize that I am slow to catch on to things and need time to search and look at everything I can. I have been wondering why Corbion would want to acquire TerraVia for the NOL credits when they don't have a presence in the US which is where the credits can be used. I see Corbion wanting to have a presence in the US, and plans to utilize the purchase to get a foothold in the US. For only $20M they now have a subsidiary here on a financial market called OTC, with a trading ticker symbol. However I still wondered what the attraction to TerraVia was other than obtaining a presence into the US financial market and getting those credits. When I reviewed the seeking alpha power-point presentation made by Corbion (it say's created by TerraVia but no doubt it was created by Corbion) it all became clear how genius this play actually is. And they need those credits as they don't intend to become profitable until 2020.

https://seekingalpha.com/article/4111118-terravia-holdings-tviaq-updates-acquisition-corbion-slideshow