BioAmber Inc (fka BIOAQ)

[TenKay]

“What makes you think shares are doomed?”

Common shares of a company that goes through liquidation get cancelled.

If there is enough money left in the liquidation after ALL creditors, debtors and preferred equity holders get paid, then common shareholders get a liquidating dividend.

If not, they get nothing.

In the case of BIOAQ, we know the only creditors getting paid are the DIP financier and Comerica (partially)

That means commons get nothing.

VV see my sig below VV