BioAmber Inc (fka BIOAQ)

[Penman1]

In regards to Longstrong's message here, let's recall Sorhay's message posted above. These messages complement each other.

In the PWC reports we need to distinguish between "boilerplate" phraseology and actual new information.

Meanwhile, we know these things:

1. We know the resolution of the BioAmber "liquidity crisis" caused by a creditor calling in a debt has been adjudicated in Canada by a Canadian judge under Canada's CCAA law.
2. We know the "deal" is done.
3. We know who made the deal.
4. We know that, for some unspecified and unexpected reason, the details of the "deal" are still under seal, except for the fact that apparently the real assets of the holding company, BioAmber, Inc. (USA) were sold for $4.3M, excluding Canadian assets.
5. We know BioAmber stock has not been pulled or replaced from the market and is still selling.
6. As far as we know, the former CEO of BioAmber has not sold his shares.

I won't stipulate this as a fact, but as a presupposition: Canada's CCAA law deals with these kinds of "liquidity crises" differently than the U.S. Bankruptcy Laws.

And I won't stipulate this as a fact, but as a presupposition: The resolution of company "liquidity crises" in concert with the CCAA Law has been know to ensure that "all stakeholders" including those who invested in the company by purchasing unsecured common stock are not excluded from the "deal" through mediation by the court.

These are most of the key facts we know. Feel free to add other known "facts" to the list. Now I'll let the experts debate what they mean.