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Re: Greenvestments post# 81511

Tuesday, 08/06/2019 10:13:47 AM

Tuesday, August 06, 2019 10:13:47 AM

Post# of 146185
How much more do you think is coming, paid by whom?

How much land is/was owned by Bioamber for the Sarina plant? I think all of us can agree the land alone in todays market is at least $4.3 million. So if you sold the land and scrapped the plant, the value to secured and unsecured would be much higher. Why did PWC "screw" investors?
Simple, they didn't. Best interest of stakeholders would be a fraudulous statement if 4.3 was the end of the company.

47.As previously reported to the Court, the Monitor does not expect any net proceeds to be distributable to creditors other than the Secured Claimants.

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