BioAmber Inc (fka BIOAQ)

[Psychodman]

Take it to the bank, PWC did not count contract and licensing right values in the deal, if they did, then PWC would have lied in the latest monitors reports, where PWC stated as such. Like Ty said $1.64 was the distressed value (FMV)

I can not understand how in good faith a monitors report can be issued stating little or no value on items that have never been reviewed. I would really like to see the communications between Visolis and PWC, where it’s stated that “the purchaser did not insist on contracts and rights being part of the deal”.
I want to see WHY Visolis didn’t insist on this. If they were never reviewed by PWC, is it being said that Visolis did or didn’t have access to review these items. It’s too convenient just to say that it all happened that way by chance.