BioAmber Inc fka BIOAQ

[bbhuey]

I think that after the previous management cross likened everything and left a mess and left only a portion being saleable.PWC had the job or realigning and repackaging the assets and or liabilities into separate entities to get an enhanced value. A simple liquidation of assets does not take months and months.There is the plant assets,the approved expansion plans, the purchase contracts and customer lists,the assignment of the process agreements such as Cargill and the entity in which the $320 N of NOLS reside and their continued use

VCY and LCY was not yet formulated at the time of their offer and now has completed their acquisition by KKR

KKR is the master of reorganizations and NOls
and thus can use the NOLS against any operating profits they may have in this line of business.

Bioamber has been restructured to preserve some business continuity to preserve the viability of the NOLS. that pundits are sayingiare worthless

I have access to people selling tax credits and other tax advantages for cash money$$$
NOLS are not worthless. and the shares will not be cancelled for this reason