Thanks for confirming the closing of the Visolis Transaction, the first step in the "transactions contemplated."
There are multiple references to a two-step transaction in the documents.
It's been 105 days since the 10/22/18 closing of the Visolis Transaction, yet Bioamber Sarnia Inc. remains the registered owner of the land.
Closed means title has been transferred. Anything less would be "pending."
Visolis/LCY have no need to change the registered owner of the land because they're purchasing Bioamber Inc. and/or subsidiaries. Why else would they purchase the logos and trademarks?
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Unfortunately an asset sale is not an Investment in Bioamber Inc. period.