Replies to Post #50908 onBioAmber Inc fka BIOAQ

Replies to #50908 on BioAmber Inc fka BIOAQ

BeamMeUpScotty

10/29/18 4:45 PM

#50911 RE: trader59 #50908

HUGE NET OPERATING LOSSES! IT'S THAT SIMPLE!

Koan

10/29/18 4:53 PM

#50915 RE: trader59 #50908

Great question!

The answer is: there are basically no rules in regards to how, when, and why a company chooses to invest their money. Companies are free to be as rational or irrational as the human beings making the decisions behind the scenes. It can be as simple as they do not want to spend more than "X" amount for "X" situation and would rather have "X" venture up and running on its own and, should it fail they do not want it to harm "X" parent company.

But, that's just speculation based on common sense.

Longstrongsilver

10/29/18 5:08 PM

#50918 RE: trader59 #50908

Simple really. First off it was probably a condition of the sale being approved for such a steal of a deal (which is why creditors didn't object). Then there's all the parents and of course all the NOLS. Having $1.5 B around doesn't mean people want to just waste money paying more tax burden and/or listing fees than they have too. A RM is actually the cheapest way they could take over that business (which they're clearly doing).

Limey42

10/29/18 5:31 PM

#50926 RE: trader59 #50908

Could you do me a favor and explain why a parent company sets up subsidiary incorporation(s), especially in a foreign country - and don't hold back with a non-generic explanation. Tx in advance.