Replies to post #76907 on BioAmber Inc fka BIOAQ

[trader59]

They’ll get it elsewhere. BioAmber is out of business. They own nothing. They have no employees, no operations, no assets. They’re done.

BioAmber will be dissolved at the conclusion of the proceedings.

[dalesio_98]

When the stay ends upon discharging file, what will happen to the rights, etc?

Wasn't there a supplier that attempted to end agreement with BioAmber due to funds owed and was told by legal counsel they could not due to stay of proceedings?

BioAmber owns the rights to the yeast and catalyst required to produce Bio-SA and BDO.

What yeast do you suppose LCYB will use for BIO-SA production? LOL

[I-Glow]

After FINRA delists BIOAQ - BioAmber will be a private company without assets of any value and the shareholders will own worthless stock.

Read the 10th, 11th and 12th Monitor's Reports - they state very clearly that the Equity doesn't have any value and only the secured creditors will be repaid a partial amount of what they are owed.

I know - but BIOAQ is different and won't be delisted - I see this on every Q stock but it always ends in disaster for the shareholders.

IG