BioAmber Inc fka BIOAQ

[iron-eagle]

Hahahahaha

Exactly makes no sense

You want to hear something that really makes no sense? Follow IE on this tale: so Bioamber and cargill had a tech agreement for the yeast that Bioamber uses. In the tech agreement any improvements Bioamber made on the yeast strain were Bioamber’s and were filed as “The Bioamber Improvements”. Well a few months ago cargill put on their mean face and started filing to have the original patent assigned only to them and because Bioamber owed them cash for royalties they also sought to have the Bioamber improvements assigned to them as well! Well according to the tech agreement they had the legal right to do so and the all the improvements and patent were assigned to just cargill and no longer Bioamber inc. But wait it gets better. After taking full ownership cargill in an unprecedented move; after the Charles Wakefield declaration mean mugging Bioamber is filed with the patent office; goes and assigns the Bioamber Improvements to Bioamber S.A.S!!! What in the eff is wrong with Charlie and cargill? How do you assign anything to a company that doesn’t exist? And why do it at all since they owe you money!?!? NOW THAT MAKES NO SENSE LOL