BioAmber Inc fka BIOAQ

[bbhuey]

The stock trade at $8 on the NYSE even when it wasn't m as king money

The book value given for the stock prior to the stock offering was $1.41

PWC gave the fai value of about $1.60


The transfer agent has confirmed 129 Mshares as being issued and no long e employed by the com pop any

Assets are greater than liabilities by a longshot.

Three major debt holders are Comerica,THE Govt agency and Mitsui

Any reduction in the debt or in the shareholdings would require a vote by both parties and take months to get the shareholders proxies and debtholders consent for a reduction

In this case the company has DIp fin as ncing and is being sold as a going and operating business with z great deal of potential

The dates given by PwC makes no mention of having to take any votes by the vent holders as no ad shareholders

It does state that all bids will be in and there will be a closing agreement by a 7/31 and probably a month more to start the money transfers to all parties involved.

Since the company has been in discussions before and if so near the $8 range.
Anything below $8 and above $1.41 is a Steal
to get their corporate greedy money hungry juices dreaming of acquiring this company now and within 5 years have a Bill that on dollar comoany.