Replies to post #6849 on BioAmber Inc fka BIOAQ

[sawduster]

My thought was that Oracle probably is either a creditor to one of the bidders and is keeping an eye on them or one of the bidders is a big user of Oracle and they think it would be an opportunity for them, as well, if their customer gets involved with BIOA operations.

[hondobud]

I been following along for many months. What you say is possible. The Oracle filing was in US court. The US court was organizing the entities with US claims against BioAmber. The DIP was done in Canada and the US court gave the Canadians jurisdiction over the BK. What PWC doc dated when? I agree with you that obviously Oracle has an interest in this somehow but I am not going to make the stretch they funded the DIP so therefore they made a mysterious late filing in the US court. If it was a sealed notice how does anyone know what it says? If Oracle is leading this thing GREAT! But like I said before IDK if they are the best fit to run a chemical manufacturing facility. At least the filing wasn't a sealed petition from a pig iron smelting company making a last minute play. I am not worried that something good wont develop, but there are way too many scenarios possible to place so much weight in a Oracle mystery bag. I just heard a report on Oracle and it wasn't so great / share value decreasing, so maybe they are looking to divest some. But Oracle is @ 190B market cap so this deal, even if they did take it all, would not even amount to a butt pimple for them size wise and they could do it all without a shareholder vote.