BioAmber Inc (fka BIOAQ)

[toncatmad]

I disagree with all of it. BioAmber was losing money hand over fist. They were fudging their books and burning bridges. Why do you think Mitsui got fed up and walked away from BioAmber. They walked away because BioAmber stabbed them in the back and burned them to the point they were so fed up they sold their stake for $1. BioAmber couldn’t even come close to fulfilling their contracts.
BioAmber was nothing more than a gigantic money pit. That’s why it went for pennys. LCYB isn’t even making BIOSA as their main product anymore