Replies to post #66112 on BioAmber Inc (fka BIOAQ)

[I-Glow]

In a more recent valuation - the equity interest was stated by the Monitor to not have any value.

"No transactions involving the shares of the Company or its subsidiaries have occurred nor are anticipated. The Monitor does not anticipate that the shares of the Company or its subsidiaries have any net realizable value for creditors."

"As such, the Monitor does not believe that holders of equity interests or equity claims of the Company, including shareholders of the Company, will realize any value in the CCAA Proceedings on account of their claims or interests. The Monitor has informed the Financial Industry Regulatory Authority (“FINRA”) of this anticipated outcome."

So in the 10th Monitor's Report - there isn't any nonsense about a valuation of $1.64 per share - that is more pinkyland wishful thinking - void of facts.

https://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf

Do you have a link to prove that valuation of share price is $1.64 - I am certain it was prior to the 10th Monitor's Report.

So post your proof.

IG

[I-Glow]

Then post a link to a court document or Monitor's Report that states the common shares will remain intact.

Thousands of posts about the common shares being "safe" but oddly there is never any proof provided - just more pinkyland wishful thinking.

IG

[I-Glow]

From the 11th Monitor's Report:

"As previously reported to the Court, the Monitor does not expect any net proceeds to be distributable to creditors other than the Secured Claimants."

That means there isn't anything for the Common shareholders - expect 100% losses.

IG