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Post# of 153920
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trader59

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Re: CSCS post# 78425

Thursday, 07/04/2019 9:46:29 PM

Thursday, July 04, 2019 9:46:29 PM

Post# of 153920
No, that is completely false. Recapitalization was an option that could be bid, not a requirement.

Read paragraph 4 on that first page, first sentence, read every word carefully:

"Bids can also be submitted for the recapitalization of BioAmber." That is absolutely not a requirement, and there's not a way for it to be distorted into a requirement.

Plus, and here's the kicker, the high bid that was received had no "optional" recapitalization element to it, it was legal, accepted, and the sale has closed.

SMH
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