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Post# of 144749
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trader59

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trader59

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Re: fireballka7 post# 136221

Thursday, 09/14/2023 9:14:16 PM

Thursday, September 14, 2023 9:14:16 PM

Post# of 144749
Still don’t understand anything…
The reason Naxos isn’t on the creditors list is because they weren’t a creditor. Creditors are those who loaned the company money. Naxos bought stock in some of the offerings the company did to raise money.

That excerpt you keep going back to was debunked in 2020. Naxos didn’t own BioAmber. That came from this presentation done by a company completely unrelated to BioAmber and its bankruptcy proceedings:

http://soliccapital.com/assets/SOLIConnect-Capital-Restructuring-4Q18.pdf

Note the disclaimer on page 24…. In a nutshell, “we think this is right, but it might be wrong…”. No kidding.

You were conned into making a bad investment. The people who told you the company was being bought out lied to you and took your money.

I swear I’ll never use the phrase “you can’t make this stuff up” ever again after being on the OTC. Apparently you can.

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