Thanks for the link, it's funny you never post the footnote (7) part of the page. Since those amounts are not current and from the Outset of the CCAA proceedings, it directs you to the May 22nd Motion... which can be found here https://www.pwc.com/ca/en/car/bioamber/assets/bioamber-008_060618.pdf BioAmber filed court documents on June 8th in the US claiming nearly ~$20 Million CAD in A/R... Where is that money? $35 Million CAD is obligations for the contractual rights and licensing agreements along with the steam agreement with ARLANXEO where the Sarnia Asset is located... The purchaser must take on these obligations or variations of such in order to continue producing bio-succinic acid as they have repeatedly stated and confirmed.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.