BioAmber Inc (fka BIOAQ)

[JamStar]

Yes, what about the bankruptcy exception for NOLs? Also asset purchases are favorable for the fact that the purchaser can “choose” from the liabilities vs being forced to inherit them all. Why else would their letter of intent say they didn’t want to assume liabilities if there are none in bankruptcy? Quite amusing indeed. NOLs are assets anyways and bankruptcy has favorable sections for NOLs. I guess it’s also crazy to believe a private company would scoop up bioamber in order to go public and raise a massive amount of money faster and cheaper than through their own IPO? leveraging the existing share structure and continuing operations to inherit and use the NOLs. This is a combo. Burger, fries, drink and pie. Not your typical bankruptcy situation. Some call it a fantasy. Fantasies and dreams come true all the time.