BioAmber Inc (fka BIOAQ)

[toncatmad]

Other than the dd fabrication team we have all said that the end of the class action would not change anything. That suit had nothing to do with anyone other than the settling class. BioAmber wasn’t even paying the bill as stated in the suit how BioAmber was liquidated and had nothing left.
The dd fabrication team was simply using it as an excuse to stretch the lie out as long as possible. If you saw Soray first reaction was if you don’t here in a week he wants to start another class action which is hilarious. That suit will never get certified and make it past the judges who signed off on the liquidation. Someone would have to prove that PWC committed fraud willingly and that the judges and creditors fell for it. I mean the creditors were the ones who actually picked the deal they liked in the end.
PWC 10th report was basically them trying to dispel the internet and chat room rumors of a second transaction. Then the lawyers, other reports, court docs all state there is nothing left for equity holders.
So after they all state that equity holders have zero value and will get nothing in the end I can’t see why folks still think something more is coming.
The only mention of a second transaction was in the first SISP which we all know failed and turned into a liquidation. There is not and never was a second transaction as part of the liquidation. It could have been if the first SISP didn’t fail but then again as part of that first SISP the buyer could have also wiped out the shares if they wanted to as stated. Either way shareholders were going to get nothing as the debts were so high no way anything would have been left over.
Slowly everyone will see that folks are not bashing the stock but telling the truth and the dd fabrication team were and are nothing but greedy liars