News Focus
News Focus
Followers 742
Posts 78452
Boards Moderated 0
Alias Born 01/01/2012

Re: Psychodman post# 66112

Sunday, 03/24/2019 11:00:17 AM

Sunday, March 24, 2019 11:00:17 AM

Post# of 153977
In a more recent valuation - the equity interest was stated by the Monitor to not have any value.

"No transactions involving the shares of the Company or its subsidiaries have occurred nor are anticipated. The Monitor does not anticipate that the shares of the Company or its subsidiaries have any net realizable value for creditors."

"As such, the Monitor does not believe that holders of equity interests or equity claims of the Company, including shareholders of the Company, will realize any value in the CCAA Proceedings on account of their claims or interests. The Monitor has informed the Financial Industry Regulatory Authority (“FINRA”) of this anticipated outcome."

So in the 10th Monitor's Report - there isn't any nonsense about a valuation of $1.64 per share - that is more pinkyland wishful thinking - void of facts.

https://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf

Do you have a link to prove that valuation of share price is $1.64 - I am certain it was prior to the 10th Monitor's Report.

So post your proof.

IG

"Are you gonna pull those pistols or whistle Dixie?"

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today