Sunday, September 23, 2018 7:53:13 PM
The 4.3Mil is for the American portion only.
Do you think the Canadian govt would ask the courts in Delaware to approve their own CCCA proceedings?
They are asking the court in Delaware to finalize the last piece regarding the American assets in order to make the concluded Canadian sale serve as a clean break from the past. PWC gets their cut from the Canadian sale as best I can tell.
As In my last post, you can see they are making it clear that "The Debtor" is BioAmber, Inc. The US entity
The sale for 4.3 million is describing "The Debtor" the money is for "The Debtor" and not "The Canadian Debtors"
The Canadian debtor sum is not disclosed and Canada is where the factory and all the good stuff is. The sum of the American entity is the only value being disclosed here IMHO
insert general IMHO disclaimer here but this seems like a huge freakout on information only a tangent from the real info: the details of the Canadian transaction.
Do you think the Canadian govt would ask the courts in Delaware to approve their own CCCA proceedings?
They are asking the court in Delaware to finalize the last piece regarding the American assets in order to make the concluded Canadian sale serve as a clean break from the past. PWC gets their cut from the Canadian sale as best I can tell.
As In my last post, you can see they are making it clear that "The Debtor" is BioAmber, Inc. The US entity
The sale for 4.3 million is describing "The Debtor" the money is for "The Debtor" and not "The Canadian Debtors"
The Canadian debtor sum is not disclosed and Canada is where the factory and all the good stuff is. The sum of the American entity is the only value being disclosed here IMHO
insert general IMHO disclaimer here but this seems like a huge freakout on information only a tangent from the real info: the details of the Canadian transaction.
Join the InvestorsHub Community
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
