Bioamber is a dormant shell company that is waiting for a reverse merger into a trading listed company it is currently private and it's restructuring, it has ongoing commercial licence agreements with huge companies eg. Cargill etc. https://www.sec.gov/Archives/edgar/data/1534287/000119312512038890/d244198dex1033.htm Bioamber shareholders are aware what's happening, http://www.bioamber.com/