Replies to post #68216 on BioAmber Inc (fka BIOAQ)

[youngster-moon]

“And, there's still nothing for the remaining secured creditors, the unsecured creditors, and the shareholders. Not a penny.”

Lol wrong again. A unsecured creditor has been paid. More then Park Avenue was even owed. Cancellation fantasy is amazingly BAD

[CSCS]

LOL

You know that the "Plan of Arrangement" ie - must be agreed upon by 2/3 of each creditor class affected, right? After the sale of assets in a liquidation scenario (3 weeks), it made it a lot easier to acquire the remaining assets, tax-losses, contracts and licensing agreements through the filing of a "Plan of Arrangement" after LCY was taken Private and no longer was limited to $5 million USD investment.

Unless BioAmber is dismissed from CCAA proceedings and files an NOI for bankruptcy or receivership. SHARES ARE SAFE.