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Re: New money98 post# 133411

Thursday, 03/16/2023 1:19:41 PM

Thursday, March 16, 2023 1:19:41 PM

Post# of 148014
Monitor was discharged from the BioAmber CCAA file - a $4.34 million liquidation after a failed SISP (sale and investor solicitation process). Creditors were not made whole, hence, no funds for equity claims. Shell remains saddled with debts.

I'm glad some posters continue to refer back to the Ccaa Liquidation PROCESS, hopefully one day they understand that it was simply a PROCESS.

process is a series of actions which are carried out in order to achieve a particular result.

Ccaa LIQUIDATION PROCESS was one step of a two step PROCESS!! Otherwise it would just be CCAA LIQUIDATION.


"Success is never final and Failure never fatal. It’s courage that counts."
George F. Tilton.

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