Replies to post #67900 on BioAmber Inc (fka BIOAQ)

[TenKay]

I suggest reading the Monitor’s reports for more recent financial infomation regarding cash on hand and AR.

As most know...a lot has changed since June, 2018.

[Brucebannerr]

Pwc is eating up the bank accounts. And the accounts recievable are plainly spelled out in the monitors reports that are much more up to date then 10 months ago .

18. The net proceeds realized to date, and anticipated to be realized, are substantially less than the
quantum of the Company’s secured and unsecured claims. The proceeds from the Visolis Transaction
totalled US$4.34 million. The cash on hand at the outset of the CCAA Proceedings and the net
proceeds from the Company’s other assets are expected to be almost fully used to pay the costs of the
CCAA Proceedings, including the Company’s operating costs as well as the costs associated with the
SISP and Second Sale Process. There remain few other assets to be realized.

[I-Glow]

Why do you keep posting documents from June 2018? The asset liquidation has been completed since the June 2018 documents.

Why don't you use the 10th and 11th Monitor's Report - that is much more current information.

Item 47 in the 11th Monitor's Report states:

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

There goes the common shares.

The documents from June 2018 are meaningless at this point.

IG