BioAmber Inc (fka BIOAQ)

[trader59]

PWC's plain words are being twisted in order to create a narrative that will help some sell their stock in this bankrupt company that is about to disappear. Pure and simple. The assets have been sold, all that remains is debt and the proceeds of the sale and whatever was on the books to be racked up. All that remains is to distribute the proceeds to the creditors who get some recovery, cancel the remaining debt and equity, and the company disappears. Shareholders get nothing. FINRA will then cancel the ticker.

Read the reports from the monitor to the court, there's nothing ambiguous about them. All this talk about more money coming, a reverse merger into a shell that is $60M in debt, and NOL's is just a smokescreen to sell stock to newbs that might land here from a google search.