BioAmber Inc (fka BIOAQ)

[toncatmad]

So everyone knows LCY is going to merge and go public with a liquidated shell that has no board and had its corporate charter voided for non-payment of taxes?
I’m curious why would LCY do that when they already own all of the assets being a parent company to LCYB?
Let’s forget about the fact that there is no way legally or physically that LCY or anyone else could merge with BioAmber but it would just not make any sense as then LCY would be stuck with the debt still attached to the shell and would also be stuck with the BioAmber shareholders.
It will be a hell of a lot cheaper for LCY to simply go public on their own.
LCY and LCYB can both go public and BioAmber shareholders will not be a part of it or receive anything from it and that’s a FACT some will realize someday.