BioAmber Inc (fka BIOAQ)

[trader59]

That tweet was yet another fabrication. Thing is, the bidding process for the liquidation is over and done, and it resulted in the purchase of the assets for $4.34M. If it had been anything else, it would have been described as such by the monitor and approved by the judges in the correct form. There isn't a single reason for the monitor and 2 federal judges to characterize and approve that sale as a $4.34M for the assets if there was anything else involved. Tell me why they would do that. Seriously, somebody who believes that hogwash to be true, justify it. Nobody can, there's not one single tweeter that can give any sort of justification for the monitor and 2 federal judges to participate in bankruptcy fraud.

And, if any of the bidders were unhappy with their treatment, there was ample opportunity for them to have filed an objection with the judge, appeal to the secured creditors if they could show more value, etc., but they didn't. If they had a better bid, all they had to do was petition the court to show it. The secured creditors would have loved it. In the absence of that, it is just whining on the part of whoever put that diatribe in the tweet together.