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Post# of 145179
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trader59

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Re: 101King_Kong101 post# 84035

Friday, 09/13/2019 7:59:56 AM

Friday, September 13, 2019 7:59:56 AM

Post# of 145179
And, once again, paragraph (ii) would require that the bagholders of BioAmber be given over 50% of equity and voting control of the company taking ownership. No company is that stupid, nor is there one that can’t do the math of 21% (corporate tax rate) of the NOL’s vs the debt that would have to be assumed (in addition to the price of the fictitious secret purchase price).

LOL!!!!!

And those contracts are worthless. If they had any value, either the JV would have had them assigned or the creditors would have objected to the completion of the proceedings.
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