Why would key stakeholders be allowed to review the offers if they weren't getting paid? Why did all of the secured lenders sign off on the deal if only the comerica syndicate was getting $3.5million and they get left in the dirt... That might happen in US Chapter 7 or 11 but that is not happening with Bioamber in Ccaa restructuring proceedings... The judge would not allow the transfer of assets at such undervalue of the FMV with out a further transaction to make whole the creditors... ALL SECURED CREDITORS SIGNED OFF ON AN OFFER THAT IS A POSITIVE RESULT FOR ALL SKATEHOLDERS INCLUDING SHAREHOLDERS! BUSINESS AS A WHOLE!!
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