BioAmber Inc fka BIOAQ

[DonateLove]

Don't expect the "Q" off nor Q1 ER

FINRA considers CCAA in Canada restructuring too.
They add the Q to Chapter 11 restructuring cases in the US
and CCAA proceedings are similar with similar consequences even though in Canada they call BIA liquidation proceedings bankruptcy instead of CCAA, FINRA seems to apply the Q to both types restructuring and liquidations. Even if they take it off because is not technically a bankruptcy as in liquidation they may take time and may want to wait to see if this turns into liquidation. We know there is little chance of that but you know how bureaucracy can delay things. Either way we sound desperate when the only major catalyst we seem to be pushing is the "Q".

Bioamber CFO told someone I know here that they won't be producing a Q1 ER. He seemed optimistic on the buyout. Retain brokers keep cycling the expected ER date automatically to the next Monday but that doesn't mean they actually have hard evidence of that. It is just an estimate.

When you create false expectations on the Q and the ER, you hurt the stock trustworthiness on its own. It makes it look bad with each day that your promises go by. Place your energies on the inherent merits.