BioAmber Inc (fka BIOAQ)

[WolfOfWolf]

Honest question, not bashing just looking for discussion.

What’s to prevent them from restructuring this way, purchasing the shares for next to nothing (i.e. buyout not a merger) in order to keep the tax attributes, using the cheap shares to pay off the creditors and giving them a stake, also giving them good reason to believe eventually they will be made whole and then some through growth. In the meantime they continue to operate privately.

The only way this restructuring (in my OPINION) will benefit shareholders is if the shares live and they keep the public listing. Otherwise how much are the shares worth to LCY with the debt attached to them? Thanks.