That may be true, Mr. McCoy. I know a lot of research has been done since October 2018. It's still hard to pin down exactly how the "restructuring" proceeded, even if it's your opinion that BioAmber was totally liquidated for $4.34 Million, about 1/33rd what the facility was worth, and future prospects for BioAmber's technology notwithstanding.
We also know that PWC went out of is way, some would say unethically, to hide what was actually going on. Personally, I'm convinced this is the case.
However, in addition other established facts I've alluded to in earlier messages, these are established facts.
1. KKR provided $1.56 "B"illion to LCY for its planned investment in BioAmber via a new company, LCY BioSciences.
2. LCY BioSciences now occupies the facility BioAmber build in Sarnia.
3. The LCY Group in Taiwan owns LCY BioSciences.
4. KKR owns the Taiwanese LCY Chemical Group.
Let me posit a hypothesis:
Mr. Eno had 600,000 vesting shares. But he did not serve a year to vest them. In addition, he purchased on the market 400,000 shares in July 2018, giving him 1 Million shares when all was said and done.
Here's three questions:
Q1: Is it your opinion that Mr. Eno directed his broker to delete the useless listing of BioAmber's CUSIP# and subsequence numerical from his portfolio?
Q2: Would he be still holding his share listing?
Q3.: Why would Mr. Eno BUY shares, when he knew, in accordance with your opinion, that BioAmber was liquidated ... uh ... when? By the end of July 2018, or were deals suddenly reached in August or September 2018.
Come on, Mr. McCoy! Try some logic. Indeed, there's a lot of emotion involved in analyzing and making market decisions. But when the veil of secrecy hovers over the facts, our only recourse is to rely on logic and discernment, not what appears to be superficial facts. Humanity believed the USA sent men to the Moon in 1969. You may believe it or not, but that is being seriously questioned these days, since the public was not privy to all the facts, and it's possible propagandists exploited that fact.
I'm just sayin' ...
