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Re: Jrossco post# 185

Thursday, 11/18/2021 8:01:27 AM

Thursday, November 18, 2021 8:01:27 AM

Post# of 599
Former BIOAQ has ZERO to do with KAHC or it’s shareholders. That nonsense about share redemption for former BioAmber shareholders is nothing more than a made up LIE.
Why on gods green earth would KAHC spend even 1 penny for a shell that has ZERO assets and $60-80 mil of debt still attached to it. Former BIOAQ has zero assets and zero IP left. All that’s left is the shell , millions in debt and a bunch of worthless shares belonging to it’s former shareholders (bag holders) now.
Let’s not forget that KKR by owning LCY already owns the former Sarnia plant, land, IP and all the assets of value.
The redemption is for KAHC shareholders in the event that a company is not found and purchased and KAHC ends up winding up the company and closing down
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