Replies to post #67671 on BioAmber Inc (fka BIOAQ)

[1manband]

What? The filings "since then" are ONLY debts incurred AFTER the bankruptcy.

Any pre-bankruptcy information is static once the bankruptcy is filed, so they are not included in the ongoing financial information from the Monitor. The information filed by the Monitor is only liabilities incurred AFTER the bankruptcy, as those amounts will have to be paid out first before the creditors of the pre-bankruptcy $80 million receive payment. That is why that information is so important, and the pre-bankruptcy debts are not included in the filings since they have not changed.

Geez...this is BASIC information that anyone should know. If people somehow think the $80 pre-bankruptcy debt is gone because they are no in the Monitor's reports they are making a grievous, and very basic, error.

Again, the $80 million in debt is still there and is of course not mentioned in the Monitor's reports because they are, by law, only concerned with the post-bankruptcy liabilities.