AI
Monday, April 15, 2019 9:16:43 PM
LOL
You know that the "Plan of Arrangement" ie - must be agreed upon by 2/3 of each creditor class affected, right? After the sale of assets in a liquidation scenario (3 weeks), it made it a lot easier to acquire the remaining assets, tax-losses, contracts and licensing agreements through the filing of a "Plan of Arrangement" after LCY was taken Private and no longer was limited to $5 million USD investment.
Unless BioAmber is dismissed from CCAA proceedings and files an NOI for bankruptcy or receivership. SHARES ARE SAFE.
You know that the "Plan of Arrangement" ie - must be agreed upon by 2/3 of each creditor class affected, right? After the sale of assets in a liquidation scenario (3 weeks), it made it a lot easier to acquire the remaining assets, tax-losses, contracts and licensing agreements through the filing of a "Plan of Arrangement" after LCY was taken Private and no longer was limited to $5 million USD investment.
Unless BioAmber is dismissed from CCAA proceedings and files an NOI for bankruptcy or receivership. SHARES ARE SAFE.
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