Can you provide a link to these statements? I’m under the impression that the BOD cashed out on some shares but may hold other options in value, like warrants plus positions in other companies that BioAmber invested in In the case of BioAmber, they use it as a dumping ground for debt then try and flush it. Lots of research and verifible information can be found in my https://investorshub.advfn.com/boards/profile.aspx?user=680163 posts This https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146183778 post explains the employee agreements and the stock options awarded to management, executives and the BOD This https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146153358 post talks about the Vinmar contract This https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146113604 post and this https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146101018 post talk about the Asset sale and Recapitalization transaction Shareholders are safe