BioAmber Inc (fka BIOAQ)

[Penman1]

As I understand it, only ONE of the seven key creditor-stakeholders sought to oppose management's financing plans. This creditor could have brought down BIOA. Thus, BIOA sought protection in accordance with Canadian Law. After monitors reviewed the status of the company, including existing contracts for the sale of its products, the Court determined that BIOA was a viable business entity and could proceed to deal with its creditors with a buyout, a merger, or a structured refinance. BIOA was never considered to be in the equivalent status of Chapter 11 bankruptcy. And on Friday, July 6, 2018 -- to wit, yesterday -- a bankruptcy motion was dismissed. No one knows why one creditor sought to bring down BIOA, a creditor whose HQ is in Texas by the way, which is at this point somewhat of a mystery, unless someone on this board knows. All these matters have been thoroughly discussed on this board over a period of several weeks. I think most folks would agree that BIOA with its patents and prognosis for future growth is decidedly more promising that your message or other negative comments today have suggested. In short, it's BUY TIME not HIDE TIME.