BioAmber Inc fka BIOAQ

[youngster-moon]

Talk about painful

It was collected, or rather, they collected as much as they could of it. They weren't bid on by most because the company generally elected to collect its own A/R and not pay fees on it.

No it was not lol

If A/.R + inventory could take care of creditors that is what would have happened.

It could take care of creditors; however, the parent company is still alive and they have the money from the A/R and inventory

The owners of the future operating company is the group now operating the purchased assets.

So if you bid on a company's assets and won, why wouldn't you refer to yourself as the owner of the future operating company. IT IS BECAUSE ONLY THE SUBSIDIARIES ASSETS WERE SOLD AND THEY DON'T OWN SHIT