BioAmber Inc (fka BIOAQ)

[trader59]

Yeah, we'll just ignore the evidence of the liquidation sale of the assets, all the monitor's reports that discussed the sale of the other items, gave the cash flow reports, estimated the distributions to the 3 secured creditors who get anything, showed the math that documents the $5+ million being paid towards the $80M of debt, and, above all else, ignore the several statements that the shareholders will get nothing the monitor has made, instead cling to little phrases that are absolutely meaningless to the outcome that is certain.
While we're at it, we'll ignore that there has never been a company emerge from bankruptcy after a complete liquidation whose proceeds didn't come close to paying the debt. Ever. After all, despite the 100% odds against it, this one is special because this judge implied he was going to pay us. And ignore the fact that the fictions that have been constructed to support that requires that the monitor has lied to 2 bankruptcy judges, the creditors, and the public to conceal a transaction that is over 20X as lucrative as the liquidation sale.
SMH.