BioAmber Inc (fka BIOAQ)

[1manband]

There are possibilities shareholders survive and survive well off.

No, there are not. Bankruptcy, and bankruptcy law, do not work that way. If the creditors are not satisfied, and PwC's filings prove they are not, then common shares cannot survive. That would be an unjust, and illegal, enrichment of common shareholders.

When all the officers and directors resigned (another sure sign the common shares are doomed), they warned both creditors and common shareholders they would get nothing in the liquidation. Which is exactly what has happened.

Anyone holding common shares at the conclusion of the bankruptcy will lose everything.