BioAmber Inc fka BIOAQ

[toncatmad]

Yep sure do remember them.
All 11 bids were qualified bids.
If one would read the terms then one would see that a company was able to bud on:
1. All of the assets
2. Part of or pieces of the assets
Or
3. The recapitalization of the company.

So yes all were qualified bids. Nobody had to bud to recapitalize failing BioAmber and nobody did.
Here we go again. Yes all proceeds were paid upfront upon closing minus the 10% which was received
with the LOI!!
There is a reason that not one of the good things coming caw crew can post even the slightest bit of evidence to support their claims and they is because those hard lessons have been learned long ago. The lesson is anyone who invested in BIOAQ after the liquidation was approved or anyone still holding lost their investment