BioAmber Inc (fka BIOAQ)

[ShaneO19]

Is this something that would be legal? Do you think PWC put out vague and misleading reports to drop the share price in order to buy back shares on the open market cheaply? It seems like they could have a lot of legal problems if that were the case.

I am very much a layman with regards to all of this so I do not know if the following is even possible. But the scenario I have been hoping for was some kind of payment in shares to creditors that kept the trading shell of BIOAQ intact. If LCY wanted to go public and they are buying the assets of BIOAQ which has a trading shell. Why not include that in their purchase? If no cash sale was ever going to satisfy the creditors but they were offered shares in exchange that would be better then nothing and something that they could accept. This would explain why the ridiculously low $4.3 million or whatever it is was acceptable.

So what you are saying does fit with the scenario I have been hoping for. Hopefully what I said is coherent.