Hahah no money from the Visolis transaction for US assets was allocated to the Canadian secured creditors. Pwc plainly stated in court filings that the Canadian Secured creditors have ZERO Authority over US assets or shares!!
3 SEPERATE CORPORATIONS!
THE CCAA IS NOT A CONSOLIDATION OF ASSETS OR LIABILITIES!
BIOAMBER INC STILL RETAINED SUPPLY CONTRACTS, LICENSING AND NON ASSERTION AGREEMENTS WITH MCC AND CARGILL PLUS A LICENSE FROM JM DAVY FOR PRODUCTION OF 1,4 BUTANEDIOL!
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