Sir, if I may say so, I do believe you're missing the point. A drive through Sarnia, Ontario, Canada would show that the Sarnia plant has changed hands. No one disputes that. At least I don't.
We dispute the conclusion that our shares have no value, because we know that relevant information has been kept secret. The only apparent financial matter disclosed is the comedic assertion that years of BioAmber intellectual research and productive activity which led to a viable substitution nearly across the board [i.e., "newly relevant technology" for the future, NOT protecting historical technologies 150 years old!] with respect to uses of petroleum was invented and developed was sold via the Canadian CCAA process for $4.34M, ending in some purported ghost bankruptcy.
Lemme see. I think maybe an 8th grader who perused the documentation with knowledge of the fiscal facts and the events would conclude this is a ridiculous.
The question remains: What did happen? Well, what do we know? We know at least two things. 1. We know BioAmber sought to restructure its finances by taking advantage of the Canadian CCAA process, which exists just for that purpose. (It does not exist to facilitate bankruptcy.) 2. We know the statement that BioAmber suffered bankruptcy through the process is False.
Lordy, Lordy, what could have happened?
Yes, what did happen when we weren't looking, or faced sleights of hand, when we were? [Catch a corporate person in one lie, and it's fair to assume we've been misled by other purported information present in not-quite completely honest reports.] Indeed, years of research by biowin, I.E., Sorhay, and others show that BioAmber technology lives on. The value of its shares lives on. There's only a couple paths for this to happen.
Since our conclusions aren't believed, parties who seek to know must do their own research to find out. Think "merger"; examine the possibilities; and, you're half way there. You might begin by ... going back and reading previous biowin and I.E. posts on this forum, if you don't want to do your own research from scratch.
Think! Think how much we can learn.
