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Post# of 153697
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trader59

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Re: fireballka7 post# 95672

Tuesday, 12/24/2019 7:13:01 AM

Tuesday, December 24, 2019 7:13:01 AM

Post# of 153697
I thought it was $320M in NOL’s... those are worth $67.2M of actual tax reduction at the US corporate tax rate of 21%... against the $100M of debt, looks like a bad deal.

The contracts are worthless, nobody has wanted them, ever, and the one most touted expires in 7 days. BioAmber couldn’t meet its end of that one anyway. Anybody that wants to sell corn sludge can write their own contract anyway.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC because apparently you can.

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