BioAmber Inc (fka BIOAQ)

[trader59]

LOL

You know that the "Plan of Arrangement," ie - them working with the 2 secured creditors on how to divy up the proceeds between them, is just about done, right? After the liquidation sale of the assets, that "plan of arrangement" became just the distribution of the recoveries, first amongst the 3 BioAmber entities, and from there to the secured creditors who did business with the Canadian subsidiaries (the US court will handle BioAmber, Inc).

And, there's still nothing for the remaining secured creditors, the unsecured creditors, and the shareholders. Not a penny.