BioAmber Inc (fka BIOAQ)

[1manband]

You do know that there are possibilities where creditors don’t get paid and shareholders get paid/survive right?

The law requires that all debtors and creditors be satisfied before shareholders receive anything. And that is not happening here.

If it was even possible, a debtors and creditors committee would have already been formed, and notification filed with the court. But that has not happened, has it? None of that is necessary, as the asset liquidation has made it obvious that there is no money for even all the secured creditors will be paid, which means unsecured creditors and shareholders get nothing.

Common shareholders will get nothing, since there is nothing to give them.