BioAmber Inc fka BIOAQ

[trader59]

PWC's words are only vague if someone wants to paint a completely false narrative that somehow a company that has had its assets liquidated and the proceeds from that liquidation will only cover a small fraction of the $80+M debt will somehow rise from the dead. Ain't happening, this company will disappear once the bankruptcy judge discharges the remaining debt and the equity (the shares).

With respect to this:



The plant was sold, it's gone. The tax loss carry forwards are now worthless since BioAmber has no operations remaining, the IRS would invoke Rule 269 of the Internal Revenue Code and disallow it.