BioAmber Inc fka BIOAQ

[iron-eagle]

So at the June 20, 2018 hearing the US Trustee informed the Judge that certain shareholders had asked for an appointment of an equity committee in the CH 11 case. So prior to June 20, 2018 the US Trustee reached out to the Debtor in this matter. So I guess the question is: did the Debtor know they had a buyer already or did the Debtor know they were going to be liquidated for nickels? Well clearly if they knew nickels were in their future they would've requested the equity be declared worthless in the Court that had jurisdiction over it. But yeah this whole interpretation of best interest of the Debtor, creditors and "other parties of interest" means we all get screwed is fun to watch.