InvestorsHub Logo
Followers 4
Posts 58
Boards Moderated 0
Alias Born 08/20/2022

Re: randomwalk007 post# 133476

Sunday, 03/19/2023 8:53:28 PM

Sunday, March 19, 2023 8:53:28 PM

Post# of 148323
Why the 3.5 year delay for the following patent to be released (on April 07 2022) by the secured party Mitsui over to LCY Biosciences Inc?

https://www.plainsite.org/patents/assignment.html?id=11066555

I am not sure what arrangements were made between LCY & Mitsui for such a delay with this patent assignment but during that same 3.5 - 4 year time frame, Mitsui imported 6,922,080 kgs of bio-sa from LCY Biosciences for the last 4 years..

https://www.importgenius.com/suppliers/lcy-biosciences-inc

Reminder; Bioamber Sarnia's secured creditor Mitsui = $4,416,203 CAD or roughly $3.1 million USD

I'd ask why did, and or does it make sense that Mitsui imported from LCY Biosciences 6,922.080 kgs @ 2.00 per/kg = $13,844,160 USD or @ 2.50 per/kg = $17,305,200 USD ?
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.