BioAmber Inc (fka BIOAQ)

[Brucebannerr]

Wow totaly clueless . The monitor is in complete control of the debt ridden shell . Did you miss the part were everyone else resigned . Did you read the report ? They still are trying to collect on accounts recievable. And also trying to dump the worthless inventory and some office furniture. Then the monitor has to divide the meger chump change they got between a couple creditors . Only then will he be through with the liquidation process. Thats what the extension is for . Then he will dissolve the corporation and be done with it . The deal with lcy bio has closed all money has been paid they are done and gone . You wont hear another thing from them . They are a private Canadian company . They dont do press releases. They can do a private equity raise anytime they want . There is no ipo benefit. Bioaq trades on the otc . They dont do ipo offerings . It would cost 20 times more money to reverse merge then the fee to trade on the otc . Then they take on all the remaining debt . What around 70 million of which 4.3 has been paid . Your common sense was telling you the 4.3 million dollar sale was wrong . You were dead wrong on that .