Most of that statement is false. The company is not Bankrupt. Reorganization did not fail and is ongoing. The sale of the company did not fail. There is lots of value left with the company in NOL's and contractual agreements post Violis transaction. This is not a debt-ridden shell. The company would be required to make a filing to the SEC to become a shell company. Shareholders meeting will be announced the when the RECAPITALIZATION Transaction is announced. All can be proven with real documents and links relating to this specific Company (BIOAMBER). Bioamber has no legal requirement to update on the CCAA proceedings and the progress of the companies ongoing restructuring. The company can sign any agreement/contract required to carry out the transactions in the CCAA proceedings without disclosing. Since the Third amended and restated Initial Order PWC has been carrying out this process and the transactions with there Extended Powers on behalf of the company
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