Replies to post #43765 on BioAmber Inc fka BIOAQ

[sprintv66]

Are you saying PWC is corrupt greedy and only care to line their own pockets over doing their job? Because there you have another issue. Read through the docs, understanding how these sorts of buyouts work is important, there are way more factors than either canceling shares or getting share for cash. This is a buyout scenario, the purpose is to create the most residual value for all parties after creditors are paid, PWC wont work in the worst opinion for all parties, paraphrasing from the court motion they are trying to create value for all stakeholders, as well as the new Co will want the NOLs so eliminating equity eliminates the NOLs. keeping the commons alive is the best option for the new Co to keep the $90+M in NOLs which the value of the assets of BioAmber outweighs the NOLs value, green green situation here