BioAmber Inc (fka BIOAQ)

[GS1]

There will not be any warrants excercised because there is no transfer agent. After company filed for bankruptcy they got rid of IR dept as well as transfer agent as part of cost saving measure. Bioamber is no longer client of Pacific stock transfer. Bankruptcy is dismissed but they are still in cost saving mode until restructuring is done.

The way warrants excercised is warrant holder will call his broker and ask him to excercise warrant. The broker then calls company and company issues shares and that is all done through transfer agent. Without transfer agent there won't be any stock transfers.

I believe todays price indicative of shorts taking it down and of course some retail sellers as well. Tomorrow may see similar price action and good buying opportunity on any dip. JMO