BioAmber Inc fka BIOAQ

[Brucebannerr]

Hard to return to normal business practices when all your assets have been sold for chump change . And your entire board of directors has resigned . And all employees let go . Really no grey areas at all . There is nothing left but an empty shell .

12. The Second Sale Process led to the sale of the vast majority of the Company’s assets based on a joint
bid by Visolis Inc. and LCY Technologies Inc. (the “Visolis Transaction”). The Visolis Transaction
was an asset purchase transaction involving the vast majority of the Company’s physical assets and
intellectual property. It did not include the shares of BioAmber Inc. or any of the Company’s
subsidiaries, nor did it include the cash, accounts receivable or inventory of the Company.