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Re: TheRealMrPirate post# 135032

Wednesday, 08/09/2023 1:25:29 PM

Wednesday, August 09, 2023 1:25:29 PM

Post# of 154070
They (Eno, struck a deal (pre planned) have signed already before he resigned with private conditions, (to seal any traces of fraud, that's why lawyers here protect confidentiality) having control of Bioamber they must own 51% of the shares and to own the whole company need to buy the remaining shares (that's what you are upset about, meaning leave your shares and go, well nobody will) , , so Bioamber and all its subsidiaries remains registered active to easily transfer to the new owners) easy to understand it's like selling a house, I personally sold many with conditions or selling an estate and being a trustee which you have control like an owner with a simple signature
I also believe there is more to Bioamber like government investment into this,
https://www.newswire.ca/news-releases/cad-875-million-biofuel-plant-in-varennes-quebec-enerkem-proposed-partnership-with-shell-suncor-and-proman-with-the-leadership-of-the-quebec-government-and-support-from-the-canadian-government-871160744.html, Origin announcement today with proman looks like a good merger in one of the step transaction

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