BioAmber Inc (fka BIOAQ)

[trader59]

Those excerpts are from prospective bidders for the SISP asking the monitor and court to approve a retention bonus for key employees so that they could continue operations expeditiously after a successful purchase. Unfortunately, there were no bids for that SISP, so that motion was irrelevant. That was over 4 years ago. The company was liquidated, the employees were let go.

Anybody that believes that a monitor would lie and withhold a mega-million dollar transaction from 2 federal courts, the company's creditors owed $10's of millions, and are relying on that phantom transaction for over 3 years after the CCAA proceedings were closed thinking it will enrich them really just needs to pull what's left of their money out of the stock market before they lose it all and find some nice CD's. Rates are pretty decent right now.