BioAmber Inc fka BIOAQ

[TenKay]

“It's very clear there was no interest retaining personnel, most likely management, and BioAmber's corporate structure.”

The Corporate entity is what “owns” any NOL. Nobody has expressed interest in, yet alone is buying, the Corporate entity that contains the NOL.

The NOL has no impact on the asset sale...it can’t be “bought” itself like its an asset...assuming it is even useable.

So whatever wildly ridiculous value someone might think is going to show up because of the NOL, well...they are going to be disappointed.