And the name Bioamber Inc. has to continue to wrap up final papers and tax filings as a corporation. However it says that in perpetuity; or forever in other words; the name bioamber can’t be used in a commercial setting. Remember Bioamber Inc. will be left with a minimum of $150,000. Dissolving a corporation cost money.
I get that they would want to change the name. But that document is saying they want the vendor to stop using the name bioamber. If they were acquiring the shares and doing a RM they wouldn’t have to request the vendor to change names they would essentially become the vendor and then change their own name? Right? Am I misinterpreting this?
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