BioAmber Inc fka BIOAQ

[iron-eagle]

HOLY SMOKES!!! Someone actually did some DD and found out that the patent belongs to Mitsui via a Security Agreement. So instead of this in regards to the APA:

A suggestion: read the whole thing...

Let's try knowing the whole story! When Mitsui sold their stake in Bioamber Sarnia for $1 CAD they were granted a security agreement over almost 95% of Bioamber's IP including the patents, trademarks and shares in Comet. That means Mitsui owns almost all the IP that is listed in the APA. However I defy you to find Mitsui as a Vendor or Party to that APA. Bioamber CAN NOT sell something IN THE APA that doesn't belong to them!!! So the question is: How will Bioamber acquire all its IP back from Mitsui so it can sell it in the APA to LCYB?

Here's the link to the Security Agreement which is still in force:

legacy-assignments.uspto.gov/assignments/assignment-pat-43576-72.pdf


Here's a hint: public float vs OS; anyone remember those numbers???