Replies to post #46835 on BioAmber Inc (fka BIOAQ)

[TenKay]

You left out the shareholder deficit.

[kevroc]

wait, what??
This post is uncharacteristically optimistic.
Are you suggesting that LCY BIO won't want to trade on a U.S. market and would use ADR's to wash the BIOA common shares after issuing their own NEW shares?

hmmmm... LCY parent doesn't trade on U.S. markets... maybe TSX is all they really care about... hmmmmm, interesting...

Maybe... but the R/M and name/ticker change would still be faster and easier. They could then resume trading on TSX and NYSE, which would be better for the future equity raise they already disclosed.

Needs more research.

[broken_clock]

Is this a total 180 from your previous stance??

[eddy2]

Yes it’s true what you say.

[eddy2]

It’s fascinating that a float is required because obviously it’s not needed to make change unless of course there are fractional shares to deal with when there is a share reversal or forward split then of course you have warrant offerings from time to time as well preferred share payouts. I would say that the settlement date is the most crucial reason in having a float.

I can’t wait until this topic is on the agenda next week.