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Re: JamStar post# 42278

Thursday, 09/20/2018 2:43:55 PM

Thursday, September 20, 2018 2:43:55 PM

Post# of 145161
The initial stage, the SISP, was directed more to a financial buyer to take over BioAmber as a whole, including staff and management. It's very clear there was no interest retaining personnel, most likely management, and BioAmber's corporate structure. A financial buyer only want to buy a company and flip it 5 years down the road for a profit.

In the strategic scenario we are in now, the buyer wants the assets because they believe it will create a competitive advantage. They'll typically purchase at premium.

All we are waiting for is an offical number and judging from the document forensics work that has been done here, its a 9 digit number.

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