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Re: fireballka7 post# 127928

Thursday, 06/16/2022 10:23:13 PM

Thursday, June 16, 2022 10:23:13 PM

Post# of 144410
Nobody works for BioAmber. It was liquidated and shut down, so they're not focused on anything anymore. The whole company was liquidated, not just "some CCAA of some Sub."
It really ended when the company was liquidated. When that happened, the monitor told the shareholders they were getting nothing directly. The proceedings continued until all the money was collected and the checks sent to the creditors that received a recovery. It's over.
Some pumpers made up a lie about the company being bought out, and they continue today. They did this so they could flip the stock for profit. Using carefully selected snippets of information and some illusions to create a narrative that was not only false, but impossible. Secret transactions don't happen during bankruptcies/CCAA's, and restructurings don't happen after those are closed. Stock doesn't get bought without telling the people who own it, as well as the SEC and the court that would have to approve it. Companies entering bankruptcy with $100M of liabilities and whose stock was delisted at 15 cents don't get bought out for over $500M. It was just a lie, same thing that happens on the OTC every day and on the vast majority of its stocks.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

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