Replies to post #64756 on BioAmber Inc (fka BIOAQ)

[HymanMinsky]

more analysis of document vs trust me the LAW won't allow this. i like! good work as usual!

[buckeyefan1971]

Great work CSCS!! All signs pointing to $$$$$$$.

[Psychodman]

CSCS has been right on the money on his DD!! The whole group has produced outstanding, irrefutable information.

[lineItemVeto]

A sad misinterpretation of the truth.
It will end badly.

[Mad Money Monkey]

Been reading your posts a long time. And after doing so, give you a follow. Thanks much for your DD! We longs will prosper greatly, IMO. :-D

1 post a day club.

[Brucebannerr]

Dont worry when they wind up the debt ridden insolvent Delaware shell corporation they will inform you . That wont happen till the ccaa is finished . As the Canadian court has no jurisdiction in Delaware. But as plainly spelled out they still need the Delaware courts permission on any and all distribution of any funds from the sale of assets . If its not in bankruptcy as you fantasize why are they in a Delaware bankruptcy court .

46. 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. Recognition of this order will also be sought in the Company’s proceedings under Chapter 15 of Title 11 of the United States Code in the U.S. Bankruptcy Court for the District of
Delaware.


Chapter 15, Title 11, United States Code is a section of the United States bankruptcy code that deals with jurisdiction. Under Chapter 15 a representative of a corporate bankruptcy proceeding outside the U.S. can obtain access to the United States courts.

[paidbasher123]

I am guessing here, but I think that they will be granted the stay until 24 May....if the stock price over the next 2 months, I will be a continuous buyer.

BIOAQ

[trader59]

LOL, and after all that, this is the conclusion????

OH YA SHARES ARE SAFE!!!
CCAA and US Chapter 15 Ending SOON
BioAmber is NOT BANKRUPT in the US OR CANADA
Chapter 15 is not bankruptcy proceedings, instead recognizes a foreign main proceeding.
SHARES ARE SAFE!!!!!

Oh YA! BioAmber is as bankrupt as bankrupt can be. There's over $80+M of debt and no way to make payments. That's bankrupt by anybody's definition, and nobody is buying or merging with a bankrupt, empty shell. And, nobody needs it to make corn sludge, if PWC finds someone interested in those worthless contracts and rights, they'll get the judge to assign them to whoever it is.
Shareholders will lose 100% of their investment in this stock.

[Smoothoperator007]

Thank you very much Sir once again for all your due diligence and leg work for all of us out here benefiting from your hard work. Can't thank you enough! can't wait till we get to cash it out of shares and make lots of money