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Post# of 145379
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trader59

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Re: 101King_Kong101 post# 86761

Wednesday, 10/23/2019 8:28:53 AM

Wednesday, October 23, 2019 8:28:53 AM

Post# of 145379
The remainder of the Visolis letter proposed a purchase of the company assets for $4.34M. That was their “investment” in BioAmber. That sale is closed.

That Vinmar contract is completely worthless. If it had any value whatsoever, the secured creditors would have objected to the liquidation and pushed for a completely different outcome than liquidation and receipt of a small partial recovery.

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