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News Focus
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HymanMinsky

02/04/19 12:10 PM

#58756 RE: 101King_Kong101 #58755

bioaq will be a game changer for many. gltal!
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broken_clock

02/04/19 12:10 PM

#58757 RE: 101King_Kong101 #58755

More documents. Wait for it...you will be told they don’t mean what they say or mean something all together different from what they do say.
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trader59

02/04/19 12:19 PM

#58759 RE: 101King_Kong101 #58755

You'll note that there's no other transaction other than the offer to purchase the assets in this letter. Know why? Because that was the only purchase offered.

Ya think they might have stated "we'll be back later to purchase the debt ridden empty shell just so's the shareholders won't lose their money" in that letter?

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CSCS

02/04/19 12:28 PM

#58771 RE: 101King_Kong101 #58755

The Letter of Intent for INVESTMENT in Bioamber Inc
lines up with the August 9th Press Release.
Multiple Transactions






PWC and the Company are working on Realizing the Greatest value for Bioamber INC.

LCY and Visolis have acquired the assets at a substantial loss and will acquire the company through a share purchase or recapitalization transaction to realize the greatest value for Bioamber Inc.

Multiple Transactions like mentioned in the LOI




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TenKay

02/04/19 12:44 PM

#58784 RE: 101King_Kong101 #58755

Again...misinterpretion of selected content. For example, that letter forms part of the APA. That is all that reference means. It doesn’t mean there is another transaction coming or another part to the offer. They are referring to it forming part of the APA document itself.

If there was actually another significant transaction coming that meant a return to the equity of BIOAQ, it would not require the “connect the dots”, “reading the tea leaves” type of arguments we see here.

It would be plain as day like the Asset Purchase itself. Even the Crane letter got a detailed discussion relative to its “offer”.

So there is no other meaningful offer here.

The stock is now a flip while it still trades so that is something I guess.