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drog68

09/14/18 10:56 AM

#39242 RE: CSCS #39238

YES, all of this, YES....people need to read and not let others influence what they think they see or know...thanks for breaking this down
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shajandr

09/14/18 10:57 AM

#39248 RE: CSCS #39238

That says that the SECURED creditors do nott have a preference to the Intellectual Property because the IP is nott a secured interest (i.e., it is nott encumbered by a Secured creditor) and the portion of the sale that is for IP will then be used in the general pot to pay the UNSECURED and general creditors. WHO WILL ONLY GETT PARTIAL PAYMENT - pennies on the Dollar owed. The total price is already stated to be insufficient to meet all the CREDITOR claims.

COMMON stock getts NOTHING.
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VivaLasVegas

09/14/18 11:01 AM

#39259 RE: CSCS #39238

Per your screenshot and notes...…

So

Many of the Proceeds would go directly to BIOAMBER, INC aka the SHAREHOLDERS? Even $5 million would go a long way... AM I READING THIS RIGHT?????

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PENNIEStoSTACKS

09/14/18 11:03 AM

#39267 RE: CSCS #39238

VERY NICE, Thanks for that
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NeatoGang

09/14/18 2:18 PM

#39591 RE: CSCS #39238

This needs to be a sticky. Not at all surprising that it isn’t though. That’s iHub, baby.
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IOUBLOKE1

09/14/18 2:28 PM

#39598 RE: CSCS #39238

Assume Holding Company..........Assume the SHELL IS SOLD....VALUE NOL 300 MILLION VALUE 40 MILLION CASH 15 MILLION BANK THIS IS REALPLUS BUILDING ASSETS VALUE REASONABLE OFFER IS 90 MILLION AND???? 150 MILLION MINIMUM