BioAmber Inc fka BIOAQ

[Brucebannerr]

Obviously the court documents are beyond comprehending for many . And as far as the creditors fairytale. 3 out of 191 were even involved in the court proceedings. If there had of been a plan all 191 would have voted . At least thats how it works in the real world.

If all the A/R was collected how would someone be the collector of the A/R? shouldn't it be zero if the FACE VALUE of $14M dollars was collected?

In case you missed it pwc was assigned to collect the AR .
d. Accounts
receivable: Mainly comprised of sales to various customers through BioAmber Sarnia.
According to the most recent information provided by BioAmber’s management team, the accounts
receivable balance is estimated at CA$2.3 million and is expected to be collected over the next 13
week
Opening receivables have been adjusted to remove approximately $82k of dated receivables that are likely not collectable, but which will nonetheless be pursued.
25. As of the date of this report, the Company’s trade accounts receivable indicated in the Ninth Report
have been collected in full. The Monitor is reviewing the Company’s position with regards to an
additional amount that may be owing from a former customer of the Company, and has requested
information from that customer to evaluate this further.