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Re: Sprycel post# 37182

Saturday, 09/08/2018 11:49:34 PM

Saturday, September 08, 2018 11:49:34 PM

Post# of 153875
All the questions you are asking were posed in June and July. You need to study the history of events. First, BIOA did not experience a standard bankruptcy; and it's not in BK now. Second, look up the relationship between Comerica Bank and BioAmber: we can't do the DD for you. Third, if you don't know that the CCAA law is, you need to examine it, and determine how it relates to the BioAmber case. Finally, you need to understand how the issues related to BioAmber shall ultimately be resolved -- in fact, there're probably already resolved, we just don't know the final outcome yet -- and you need to find WHO provided the ultimate framework for a decision and who impacted the decision with authority. If you haven't already read Sorhay's sticky DD post at the top of the board, let me suggest you read it. We all realize that new individuals with superior intelligence are joining our discussions. Alas, all too many arrived AFTER the case has been resolved, in principle. For the record, my view is that common stockholders have better than a 50-50 chance of having their interests taken into consideration by the final outcome. Obviously, a decision to hold onto stock in this case involves uncertainty; but a decision under uncertainty in concert with the DD we've done and the facts we know about the company and its technology and its potential for future productive growth enables us to take comfort in our decision to hold onto out positions, even given the risk could actually lose all. For ... if we do not lost all, the rewards shall have been worth the wait.

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