BioAmber Inc (fka BIOAQ)

[hondobud]

There was some posting about how a private company buying BIOA would not be able to write off the existing tax losses that normally would be a tax write-off for a public co. Now if they or anyone bought 51% of a company that is a controlling interest over the direction of the company and the remaining portion (49%) could be one or multiple entities. IMO 51% would be a big enough investment to cover all the outstanding debts and the 49% (or a good portion of that) could be the Canadian Government reinvesting in this, realizing that Cargill (or another large corporation) would have the wherewithal to make the plant run profitably going forward. I asked about the tax accountant/attorney earlier because IDK if the minority buyers can acquire all of the corporate debt to write off, 49% or zero %.