Replies to post #45494 on BioAmber Inc fka BIOAQ

[eddy2]

I wouldn’t be a buyer that’s what it means to me but by no means don’t let my opinion influence your decision.

[TenKay]

It means that they are not happy the US ASSETS are only getting somewhere north of $150,000.

YET ANOTHER confirmation that the $4.3 million is for the Canadian assets and NOT the US Assets.

[Sorhay86]

It is a Reservation of Rights, it won't delay the sale. It seems like a smart, precautionary move.

You have to remember that Mitsui already cut BioAmber a break in 2017. Mitsui's divestiture of their equity stake in the Sarnia Plant joint venture was for $1. This decision followed, what was released as, "a review of corporate strategy". Of course, this also allowed Mitsui to negotiate better terms for the marketing and distribution of BioAmber's bio-succinic. They kept 1.3M shares and currently still hold them.

SS