BioAmber Inc fka BIOAQ

[I-Glow]

So you believe that the investors that still believe there are NDAs that were hidden from the bankruptcy Judge - that is pretty funny and shows your lack of understanding bankruptcy and securities law. What you are talking about would be Bankruptcy fraud.

Here is the last 8-K from Bioamber:

"BioAmber Provides Update on Liquidation Process

Montreal, Canada, October 25, 2018. PricewaterhouseCoopers Inc., LIT, in its capacity as the court-appointed Monitor (in such capacity, the “Monitor”) of BioAmber Inc. (OTCPK: BIOAQ), BioAmber Canada Inc., and BioAmber Sarnia Inc. (collectively, the “Company”) in their proceedings under the Companies Creditors’ Arrangement Act, R.S.C. 1985, c. C-36, as amended (the “CCAA”), provides the following update on the Company’s liquidation process.

On October 22, 2018, the Company completed the sale of certain of its assets to LCY Biotechnology Inc. (previously 9384-3076 Québec Inc.). These assets comprised all of the Company’s assets, save and except for the cash, accounts receivable and inventory of the Company, and also excluded certain U.S. based office equipment. The purchaser did not seek the assignment of the Company’s contracts, which meant that certain intellectual property under license from third parties was also not transferred to the purchaser.

This transaction was approved by the Quebec Superior Court of Justice on September 18, 2018, and by the United States Bankruptcy Court for the District of Delaware on October 9, 2018.

The liquidation of the Company’s assets will result in little to no residual value for non-secured creditors, and no residual value for equity investors of the Company.

Why don't you contact the following:

PWC Contact
Mica Arlette
416-814-5834
[e-mail]

Christian Bourque
514-205-5434
[e-mail]

I have seen investors hang around for years convinced there is some secret deal where they will be made whole. It is usually novice investors that don't understand the hierarchy of who gets paid in bankruptcy.

First is the Government IRS
Secured creditors
Unsecured creditors
Preferred Shareholders
Common shareholders

If any above the Common shareholders are impaired then by definition the Common shareholders are impaired - just as PWC stated:

"The liquidation of the Company’s assets will result in little to no residual value for non-secured creditors, and no residual value for equity investors of the Company."

And NO residual value for equity investors of the company.

But it is amusing to watch year after year shareholders posting delusional reasons why there are going to be paid. And there isn't any NDAs.

You bet on a Q stock and lost.

IG