Replies to post #67565 on BioAmber Inc (fka BIOAQ)

[trader59]

And within that process the shareholders have been addressed. The monitor has stated the proceeds from all sources, including the liquidation of the assets, only provide a small recovery to 2 of the secured creditors. The rest get nothing, the unsecured creditors get nothing, and the shareholders get nothing. They stated that directly so that shareholders know they're going to lose 100% of their investment in thist stock.

[I-Glow]

The shareholders didn't vote on the POA - that is because the common shares will be terminated and the court assumes that the shareholders will vote against the plan.

All of the wishful thinking and not understanding the bankruptcy process won't save the common shares.

IG