BioAmber Inc fka BIOAQ

[I-Glow]

FINRA wasn't contacted to cancel the stock - it was a heads up at what was going to happened.

After the bankruptcy case is closed the attorney/Trustee/Monitor will file the court documents with FINRA - the company will be delisted and the Equity (Common and Preferred shares) will be cancelled - that is the last action.

All of those that have followed Q stocks understand.

In one case it took the attorney over one year to file the court documents so the shares were canceled.

"19. As such, the Monitor does not believe that holders of equity interests or equity claims of the Company, including shareholders of the Company, will realize any value in the CCAA Proceedings on account of their claims or interests. The Monitor has informed the Financial Industry Regulatory Authority (“FINRA”) of this anticipated outcome."

As you can read the Monitor gave FINRA a heads up.

IG