Finding google hits with "BioAmber" in them is irrelevant. Finding "research" reports that harvest data from the period BioAmber had operations is irrelevant. This is simple: If BioAmber were still in business, why do the disclosures and court records all reflect a liquidation and a shut down of the business? How can they be in operation without any officers, directors, employees, and assets? If they were in business, why is the very last thing the company itself said was that those officers and directors resigned from the company?
The "investing" of 2018 didn't help BioAmber at all. They didn't issue/sell any new shares to raise money, they couldn't while in bankruptcy/CCAA proceedings without court approval. That was simply shares already in the O/S changing hands in the OTC, company got nothing from it, investor to investor (or, more accurately, con artists to marks).
The technology, plant, patents, etc., were all sold to LCYB, and it really is all right there in the 6th monitor's report for everyone who can read to see. The only thing that has happened with BioAmber and its stock is a bunch of social media pumpers made up a lie about this company being bought out for sums that were 6-20X's the liabilities the company entered bankruptcy with so they could flip the stock for a profit. That fairy tale was just absurd, and I have no idea why some found that more believable than the direct words of the court records. BioAmber is gone, and there's absolutely no question about it.
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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