We knew that back when BIOAQ was in the 07s. MMs killing it then, driving it down. We all thought they were just screwing with us. Did they have some top-down incentive? Why? Can the Texas oil industry be that powerful, just recalling that it was Comerica (HQ in Texas, and Eno, worked in Austin, Texas) .... any connection?
So to add what I posted a moment ago: EITHER BioAmber suffered from a fatal flaw in its operations (which is unlikely, since it ought to have been reparable, if one was discovered & BIOA still delivered product) OR some other reason, like say, a political reason, Big Oil trying to kill a competing substitute product. [& we all know this has happened before: e.g., the technology behind Tesla batteries was discovered in the 1930s, but bought and buried; Chevron kill mass transportation in L.A. in the late 1940s, an other example.)
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