BioAmber Inc (fka BIOAQ)

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Think about the first offer. It included an equity raise. How is that accomplished. Some suggest accumulation of shares for rm or hostile takeover. I can’t find an sec filing to support that. That led me to purchase the corporate details of Bioamber Inc. from the state of Delaware. The details provided there actually show the shares of bioamber to be 255m. The os is 129m. That means sitting in Bioamber Inc. are an additional 126m shares that haven’t been offered to the public. 6 months from Sarnia is cranking out product making money and let’s say the pps is around 5. They offer 100m of the shares in an offer and generate $500m. They have paid themselves back and infused about $400m cash into the company. That cash can go to build the 2nd plant they bought the rights to or any other endeavor. Now why won’t this stock ever run? Because the price they paid for those 126m shares has already been negotiated. Static price. That’s why the deal says a minimum of $150k will be left. Do the math of 126m shares and you’ll see what I mean. That’s why when this starts to move up you see the bid and ask get flooded and it’s walked down. Around .015 is where this closes today. Static price