Replies to post #16883 on BioAmber Inc fka BIOAQ

[Blackcie255]

must be nice to sell 100M stars to get loans, but I see this more a bashing. the loan terms where posted on pace.

Overall the last week has shown that the pressure to shake shares is in the works, but the stop sign has cut a lot of brokers buy options, so they need to scare people into letting go.

the dip loan imo has to many eyes and the court over looking over it, so I'm not expecting anything like what you expect to be in the terms.

Overall I think we won't hear anything till Aug 2 to give the court, pwc and BIOA to write up a PR.

I'm still expecting a $1.5+, 300M+ ($2, 400M CAD) Buyout, but time will tell who is right and < 20-Days.

[screen shot]

With the sale of the company weeks away, I doubt inside stock holders would dilute shares

[KnightTrader66]

DIP financial could easily be bought out as part of the agreement with the bidder. An extra 3mil is nothing compared to a possible bidding price between 250M and 500M.

Remember, any company making a buy-out will most likely offer a premium over the outstanding net assets after paying off the debt.

[Harbor6460]

Based on what I read.DIP Financing was at only 8-10% if I recall correctly. 1.7 million fee and must hold loan for I think 60-90 days minimum. Terms were much higher elsewhere. The loaner has a lot of confidence in this sale. IMO