1manband, I appreciate your guidance. It's always important to know what we're talking about. I admit I'm not a certified legal expert on Bankruptcy Law. I agree your advice, generally speaking, is good advice. We just gotta have the facts on such matters.
However, I do know the distinction between "Dismissed" and "Discharged" orders from a Bankruptcy Court. I trust you do, too. In principle, "dismissed" means the court rejects BK. Correct?
In the BioAmber case, I'm fairly confident you won't find a Court Order specifying that the original BioAmber, Inc., Motion for Bankruptcy be successfully "discharged."
In the Autumn of 2018 the Court "dismissed" the Bankruptcy filing. Correct?
Am I wrong to suggest that "dismissed" means essentially the same in a criminal court as in a bankruptcy court? When person is indicted for a crime, in simple terms, he can enter a plea or ask that the case be dismissed for lack of evidence. If the judge dismisses the case, that ends the pursuance of the indictment. Correct?
Of course, a judge may dismiss a case "with prejudice" or "without prejudice." If it's dismissed "with prejudice" it means the petitioner cannot be reentered into the same court for the same reasons it was originally filed. Correct? If the judge dismisses the case "without prejudice", he leaves the door open for a refiling at a later date. Correct?
If my recollection is correct, in the BioAmber case, the Delaware judge dismissed the BioAmber, Inc., the company from which our shares are purchased, "with prejudice", meaning, the petition cannot refile for Bankruptcy for the reasons specified in the original filing. Moreover, I've seen no report that BIoAmber, Inc., has refiled for Bankruptcy and had it successfully discharged after the Autumn of 2018.
Sir, Mr. 1manband, can you tell us when the courts issued Discharge Papers for BioAmber, Inc.'s Bankruptcy? Or ... When was a filing for BioAmber, Inc., bankruptcy discharged from a court?
Just askin'. You brought up the issue of bankruptcy. I may be wrong, but, like I said, I don't recall a court issuing Discharge Papers for BioAmber, Inc., in the last four years. If my recollection is true, then your assertion that BIoAmber went bankrupt and is "gone" my be false.
Think about it. Check it out.
