Replies to post #56757 on BioAmber Inc fka BIOAQ

[trader59]

It is neither misleading nor false. PWC has stated more than once that only the secured creditors get any recovery and answered the shareholders lawyer directly there'd be no recovery for them. That isn't "safe," as was stated directly in the post I replied to, that is "screwed," just like the unsecured creditors who are ahead of shareholders in the line to receive recovery. The posts I've seen glue together old, irrelevant snippets to paint a picture that is patently false. This company is under the full control of the monitor who reports to the bankruptcy court/judge, the proceedings are transparent and well documented, and those documents can be read directly through telling the story that this company is finished. The monitor has not reported any sort of "second transaction," nor a recapitalization, that is a fabrication pieced together in an attempt to sell stock.

Shareholders will lose 100% of their investment in this stock.

[sodamnsane]

When do we hear final decision? Where does it say shares are safe? Want to buy more but need evidence.