Replies to post #44381 on BioAmber Inc (fka BIOAQ)

[TenKay]

"Is a shareholder a:
Secured creditor?
Unsecured creditor?
Or just a stakeholder?"

Only a "stakeholder"...and the one at the very bottom of the pile of "stakeholders". All creditors, debt holders, equity holders, employees, taxing authorities, etc. are technically "stakeholders".

But they are not treated equally in a bankruptcy/insolvency/receivership/liquidation etc.

[kevroc]

A "stakeholder" is any party with interest in a company, i.e. owners, employees, investors, vendors, banking creditors, etc. It's the broadest group of interested parties.

Secured Creditors hold collateral in a debt. (loans, revolving lines)

Unsecured Creditors hold NO collateral. (trade lines, vendors)

Shareholders are equity owners of the company. Each share is a very small piece of the ownership pie (the whole). As OWNERS of the company, we are in the same boat as the company itself. If it sinks, we sink. A TRULY bankrupt company has no assets (value), therefore, shares have no value.

YOU are an equity OWNER of Bioamber, albeit an owner with no voice or power. You (we) are simply waiting to see if our equity has value.

Fun huh? :-)

[Smoothoperator007]

From everything I have read all shareholders are considered stakeholders but not all stakeholders are considered shareholders. You could be a stakeholder and have zero shares in the company. so we should be good because being a shareholder makes us a stakeholder. if you just Google stakeholder there's a few different very good sources that give thorough definitions and the ins-and-outs