Replies to post #56239 on BioAmber Inc fka BIOAQ

[HymanMinsky]

pretty obvious why this is spiking. just the beginning :)

[TheRealMrPirate]

That's not what it says at all bud. You need to re-read the 9th monitor's report carefully. Especially section #E - "E. PRINCIPAL MATTERS REMAINING IN THE CCAA PROCEEDINGS"
"44.
Once all of the foregoing matters are resolved, the Monitor will seek an order of the Court to
distribute the remaining net proceeds of the Company to the respective Secured Claimants
according to their security and priority. As previously reported to the Court, the Monitor does not
expect any net proceeds to be distributable to creditors other than the Secured Claimants."

[hondobud]

secured creditors were paid in full...that’s what it says

Now where did it say this? That would be Mt Everest size news