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Re: Longstrongsilver post# 112381

Friday, 02/26/2021 9:32:36 AM

Friday, February 26, 2021 9:32:36 AM

Post# of 143988
Truly delusional stuff.

But but that’s impossible. Bioamber doesn’t exist anymore!

Oh it exists. It was liquidated and had its ticker deleted, CUSIP suspended and charter revoked. But it certainly exists. No employees or board of course.

Certain assets means everything ,

Close:

"On October 22, 2018, the Company completed the sale of certain of its assets to LCY Biotechnology Inc. (previously 9384-3076 Québec Inc.). These assets comprised all of the Company’s assets, save and except for the cash, accounts receivable and inventory of the Company, and also excluded certain U.S. based office equipment."

https://sec.report/Document/0001193125-18-309191/

Looks like you were off by "certain U.S. based office equipment."

upfront means total payment ,

Upfront Purchase Price certainly means total purchase price in this case, thats for sure.

"The proceeds from the Visolis Transaction totalled US$4.34 million."

https://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf

and the Visolis transaction means all transactions from everyone.

Given everything of value was sold, yeah.

"There remain few other assets to be realized."

"No transactions involving the shares of the Company or its subsidiaries have occurred nor are anticipated. The Monitor does not anticipate that the shares of the Company or its subsidiaries have any net realizable value for creditors."

https://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf

I dismiss your facts as fantasy and your whole document as a snippet.

I mean we are more than 2 years from the end of the liquidation. You must realize we are well into the typical fantasy period that follows most bankruptcies.

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