BioAmber Inc fka BIOAQ

[GhengisJohn]

Considering the nature of the CCAA court, the local judge and the whole purpose of CCAA proceedings what else could justify PWC’s statements about the transaction at the insane discount price for the whole corporation, It actually makes sense that the purchase price was allowed by PWC with no further promises exactly because they would assume the debt. I half expect to see the sealed documents to include the reverse triangular merger as part and parcel to the agreement where the succinct acid production pays off the debts and the new Visolys products raise he profit margin. I can’t see a local judge being willing to turn down the other deal that retained time delayed payoffs... it’s the only thing that makes sense in Canada.

The other half of me expects something that just didn’t occur to me. I’ve been whittling away my position hedging because I don’t know any more but having read nearly everything, the first scenario is what my gut says makes the pieces fit together