That was all complete Horse Chit plain and simple. LCYB was indeed a qualified bid and they had plenty of money to back it up. They put down the required 10% deposit with the LOI and paid the balance upon closing. The rest of that conspiracy nonsense is just garbage. Greed and inexperience are the reasons FKA BioAmber shareholders lost their investment because all they had to do was read the financials, court docs and monitors reports for the real truth. I mean seriously who believes someone telling them that BioAmber is coming back after being liquidated for a fraction of their debt load? Nothing will ever change the fact that BioAmber shareholders lost their investment all because they fell for a scam cooked up by a bunch of liars telling them that they would find pots of corn sludge gold at the end of the liquidation rainbow.
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