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rossville7

07/28/18 8:51 AM

#22634 RE: motorcityAce #22619

$2.80-$4.20 per share for everything, patents included, no patents, you have a useless building, patents not purchased you have 275 useless legal documents, in total patents are worth $250.000 - $1,000,000 each on average. The court already stated(read from numerous previos post) minimum $1.65 per for plant, not sure if $70,000,000 in debt has to be deducted from $1.65 or not. Factor in existing business ,plant operating, speclized employees already on the job. THIS IS THE DEFINITION OF "TURN KEY OPERATION" $4.20 may be low. Literally not your typical shi!!tty OTC garbage, just here temporarily,this has the potential for a 3 to 4 x spike Monday or Tuesday, EACH PATENT cost a crap ton of momey. I still expect a petroleum company in the mix...JMHO

GS1

07/28/18 2:59 PM

#22826 RE: motorcityAce #22619

BioAmber Succinic acid is purest compared to competitors that is the reason they were chosen over BASF or Myriant. There is another compound Polybutylene Succinate can be produce from Succinic acid + BDO. So BioAmber Succinic acid product quality is best in class.


Here is total market potential for Succinic acid and chemicals derived from it.

Succinic acid - 2 Billion
BDO + THF - 8 Billion
Adipic acid - 7 Billion
Pthalic Anhydride - 6 Billion
Polybutylene Succinate - Market unknown could be in billions

All in all there is lot of demand for Bio based succinic acid and huge market potential. Those able to manufacture Bio-succinic acid have cost saving advantage over those who couldn't.