Replies to post #45500 on BioAmber Inc fka BIOAQ

[GhengisJohn]

Thanks 10k! I think you could be right. The notion that the 4.3 might be for the Canadian portion and PWC still considers it a positive outcome for all stakeholders leads me to believe that they are making Quebec Inc into a fully funded company that can make good use of a stock listing with no wait and NOLs. Otherwise why have a joint venture for such a small purchase price? Why else would a local judge and PWC with Canadian definitions of fiduciary responsibility and reputations to protect among government and community members? Seems to me that with such a token payoff, they must really be financing a serious investment in Sarnia, because that’s what makes CCCA different from ch15 in the US, the survival and thriving of otherwise viable businesses in temporary distress. Thanks for the assist!