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toncatmad

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toncatmad

Re: New money98 post# 141023

Wednesday, 01/24/2024 7:44:15 PM

Wednesday, January 24, 2024 7:44:15 PM

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The only thing irrelevant is the post I’m replying to. A liquidation process is a liquidation there is no difference.
The CCAA and subsequent liquidation of all assets was it. Why would there be a need for anything once the liquidation ended with FKA BioAmber leaving all of its creditors impaired due to being paid a total of $4.34 mil from LCYB against $100 plus mil in liabilities ?

All that’s left is an asset less voided dead shell with a bunch of worthless shares and upwards of $100 mil of bad debt attached to it?
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