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Re: trader59 post# 141897

Friday, 03/01/2024 10:47:23 PM

Friday, March 01, 2024 10:47:23 PM

Post# of 145066
What a great question:

"Why is it so difficult to believe" that the court records from the CCAA and bankruptcy cases are the truth



Here's why:

1. Because PWC helped Bioamber develop a restructuring plan that included a dual path in order to maximize value for all stakeholders including finding and securing current operations followed by a SISP process for the sale/long-term financing of the business. THAT PLAN WAS NEVER FILED WITH THE COURT. PWC then went on to say: Other stakeholders included the licensors of the Company's intellectual property, local and international customers, and shareholders
2. Bioamber engaged in operations in Canada and the United States through a series of holding and operating companies. WHY WEREN'T THESE SERIES OF HOLDING AND OPERATING COMPANIES DETAILED IN COURT RECORDS?

Source Material: Technical Bids: Proposal to Public Works and Government Services Canada - Author: PWC - Main contributor: Mica Arlette

So that answers the question you posed and your reason for being here.

IE

P.S.- I think Pirate has a copy of the RESTRUCTURING PLAN in that "confidential" folder on his desktop.

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