BioAmber Inc fka BIOAQ

[trader59]

Clinging to little sentences while purposely ignoring the facts presented in every monitor's report, every motion to the courts, and the judges order is not a sound investment strategy. All of those things in my list are incontrovertible facts and the results of the proceedings, despite the company's own appraisal of value that was proven meaningless in the SISP and the bids for the liquidation, despite the appearance of an "S," despite this lofty "the judge says we're all rich!" thing.

Shareholders get nothing. The monitor has said so in at least 3 monitor's reports, and in the last one they spelled it out exactly with numbers to show they're about $75M short of shareholders receiving a collective penny.

Nobody buys, merges into, takes over, an empty shell company with massive debt that is in bankruptcy proceedings. Those get dissolved every time. Every time.