Replies to post #76761 on BioAmber Inc (fka BIOAQ)

[HymanMinsky]

you should check out the most recent monitors report. It specifically states it was either sold or restructured. neither is liquidated ;-)

[Koan]

The document is the THIRD AMENDED AND RESTATED INITIAL ORDER.

That document can be found on PwC's website here, and has been posted roughly one thousand times. The heading is "O." titled, "Restructuring". The liquidation of certain assets is a subsection of restructuring, specifically described both in court documents and verbally in court by the Monitor.

There are 3 companies, each their own separate legal entity. This is a complex restructuring as described by PwC.

The three companies, each their own separate legal entity, are as follows:

1. BioAmber Canada Inc. (Canadian subsidiary)
2. BioAmber Sarnia Inc. (Canadian subsidiary)
3. BioAmber Inc. (US Parent company, i.e. where the shares are)

Govern yourselves accordingly.

[CSCS]

Yes the board of directors ultimately agreed to restructure the company...

As stated in Ellen Richstones resume from AFTER the second sales process AFTER she voluntarily resigned in August AFTER reviewing the bids...

If there is a document that states the shares will be cancelled post it for all to read.