BioAmber Inc (fka BIOAQ)

[bbhuey]

I think that PWC has been engaging in accountant speak and not presenting the

real situation.What is suspicious here is that
Is there seems to be something going on in the background otherwise there would be a pure bankruptcy and everything closed and finalized with creditors but we are stayed until Jan 4th.

1. The LOI displayed more digits than the $4.3M
where is backend of the horse on this?

2.PWC says this is a liquidation and there was an asset purchase. Patents, good will are intangibles and not assets depending upon how your refer to them and what purpose. The NOLS
Is not an asset depending upon how you refer to them.

3. Where does the patents ,I ntangible and NOLS
reside in which Bioamber
reside in which company Boamber Inc, BIOamber Sarnia

4. The NOLS have value perhaps through a pass they entity to LCY but there are control requirements to keep the NOLS intact that are possibly worth more than what the remaining unsecured creitirs are owed