Replies to post #45588 on BioAmber Inc fka BIOAQ

[TenKay]

Once again, there is NO EQUITY involved in the proposed transaction.

None.

“Q” stocks in the OTC get deleted and shares cancelled.

I know, I watch it happen all the time.

In the odd case there is a liquidating dividend...but usually not.

Since BioAmber was so deep in the hole and even some secured creditors are getting stiffed, the common equity holders will get nothing.

[1manband]

We don’t know what arrangements have been made, proposed, planned or signed off on.

Yes, we do. The Company has been liquidated. There is no reorganization, so there is no shares to be issued.

The creditors will be paid the money from the liquidation in order of priority. That is the LAW. And nothing will change that.

Common shareholders are, by LAW, always last in line. Only if everyone in front of them is fully satisfied in their claims will they receive anything. And that is not happening. It was abundantly clear before, but Mitsui's filing confirms it. They are the third secured creditor in line, and if there was enough money for common shareholders to be paid, they would be paid in full, and would have to object, would they?