BioAmber Inc (fka BIOAQ)

[trader59]

Shareholders rarely get anything from a bankruptcy, even in a re-org. The creditors have priority, and if the company survives at all, those creditors will have most all of the equity (ie - new shares issued after cancellation of the old shares). In a liquidation, all the creditors get paid before shareholders, and there is never enough to pay all the creditors. This thing was toast for the shareholders the day the liquidation bid was revealed.
People are still here saying the company is dead because people are still here pretending that it isn’t in order to get people to respond to them that it is. Nobody here believes a company liquidated and shut down 6 years ago that hasn’t uttered a word to the shareholders or the public since is coming back.