AI
Tuesday, April 02, 2019 10:27:52 AM
The 11th Report, from March 11th, states that PWC is working to realize value from an acceptable acquirer from the contractual rights with MCC, Reverdia, and Cargill...Discussions with one party on this front are being CONTINUED.
THIS IS A COMPLEX RESTRUCTORING
https://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-053_031119a.pdf
PWC's claims in their unaudited Monitor's Report, things like "anticipated" and "does not believe"... Very Vague Terms... Yet PWC was still working on realizing value from the contractual rights...
At the March 15th, Court Hearing in room 15.12 at the Montreal Courthouse Christian Bourque stated that PWC is in NEGOTIATIONS with 2 parties regarding these contractual rights!
WE CAN'T FORGET WHAT PWC'S ROLE IS HERE AND WHAT THEY ARE REALIZING VALUE FROM... $4.3 MILLION IS NOT REALIZING VALUE FOR A FEW HUNDRED MILLION DOLLAR TOTAL ENTERPRISE VALUE COMPANY!
YES, THOSE TAX LOSS CARRYFORWARDS ARE AN ASSET AND YES THEY CAN BE SOLD!
JUST LIKE BERNARD BOUCHER (BIOAMBER'S COUNSEL UNTIL FEB 27TH) HAS DONE IN THE PAST THROUGH CCAA PROCEEDINGS
THIS IS A COMPLEX RESTRUCTORING
THIS IS A COMPLEX RESTRUCTORING
THIS IS A COMPLEX RESTRUCTORING
THIS IS A COMPLEX RESTRUCTORING
https://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-053_031119a.pdf
PWC's claims in their unaudited Monitor's Report, things like "anticipated" and "does not believe"... Very Vague Terms... Yet PWC was still working on realizing value from the contractual rights...
At the March 15th, Court Hearing in room 15.12 at the Montreal Courthouse Christian Bourque stated that PWC is in NEGOTIATIONS with 2 parties regarding these contractual rights!
WE CAN'T FORGET WHAT PWC'S ROLE IS HERE AND WHAT THEY ARE REALIZING VALUE FROM... $4.3 MILLION IS NOT REALIZING VALUE FOR A FEW HUNDRED MILLION DOLLAR TOTAL ENTERPRISE VALUE COMPANY!
YES, THOSE TAX LOSS CARRYFORWARDS ARE AN ASSET AND YES THEY CAN BE SOLD!
JUST LIKE BERNARD BOUCHER (BIOAMBER'S COUNSEL UNTIL FEB 27TH) HAS DONE IN THE PAST THROUGH CCAA PROCEEDINGS
THIS IS A COMPLEX RESTRUCTORING
THIS IS A COMPLEX RESTRUCTORING
THIS IS A COMPLEX RESTRUCTORING
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