Replies to post #49231 on BioAmber Inc (fka BIOAQ)

[THEDOG 17]

They can’t it doesn’t Ha !!

[1manband]

And also why haven’t they showed us a report with the redacted numbers revealed?

They did today in the seventh monitor's report. The TOTAL purchase price for both the US and Canadian assets is, as we said before, $4,340,000.

http://www.pwc.com/ca/en/car/bioamber/assets/bioamber-038_102318-temp.pdf

The claims that the money was just for the US assets were wrong. That is for all the Canadian plant assets and US intangibles.

There will be no reverse merger with the shares. They have nothing but debt left, and all the common shares will be cancelled.

[trader59]

They just did, this latest report says the sale closed for $4.34M. That's all there is. And this monitor has told you there'll be nothing left for the common shareholders right in the report. Once the assets are gone, funds distributed, debt is extinguished, the shares will be cancelled, period. That is the law, as has been stated several times, debt gets cancelled, equity gets cancelled. It is simple and clinging to a myth isn't going to change it.