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broken_clock

02/04/19 1:21 PM

#58819 RE: TenKay #58817

“transactions” get it right. That’s what the LOI says.
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101King_Kong101

02/04/19 1:29 PM

#58821 RE: TenKay #58817

Thanks for confirming the closing of the Visolis Transaction, the first step in the "transactions contemplated."

There are multiple references to a two-step transaction in the documents.

It's been 105 days since the 10/22/18 closing of the Visolis Transaction, yet Bioamber Sarnia Inc. remains the registered owner of the land.

Closed means title has been transferred. Anything less would be "pending."

Visolis/LCY have no need to change the registered owner of the land because they're purchasing Bioamber Inc. and/or subsidiaries.
Why else would they purchase the logos and trademarks?






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Unfortunately an asset sale is not an Investment in Bioamber Inc. period.