Bioamber US is 100 percent owned by Bioamber SAS a French corporation.
No, it is not. That is not even close to being correct.
Bioamber S.A.S was owned by BioAmber Inc. (not the other way around), but the point is moot. S.A.S no longer exists. Bioamber S.A.S was liquidated on December 29, 2014, and its assets folded into BioAmber Inc. That is included in the SEC filings.
"Bioamber S.A.S. was wholly-owned by us until its liquidation in December 2014."
And:
"The assets and liabilities for BioAmber S.A.S. were translated into Unites States dollars on the date of the liquidation of BioAmber S.A.S. into BioAmber Inc. on December 29, 2014"
The remainder of the information is not factual. It is contradicted by the SEC filings, and the bankruptcy filings. BioAmber Sarnia's assets were liquidated and are part of the $4,340,000 amount. They are, in fact, the first listed Debtor on the order.