Replies to post #78755 on BioAmber Inc fka BIOAQ

[lineItemVeto]

She should have run that restructure thing by the judge, he said no restructure

[trader59]

No, that’s absolutely false. There’s nothing more coming.

LOL. Back to the resumes again. It’s ridiculous to even suggest someone’s resume overrides a judge’s order stating clearly and directly what has happened to this company in the bankruptcy proceedings.

Look, this is the judge’s summary of the Visolis transaction that purchased the assets:



The whole of the transaction, described by the Visolis letter and the letter from LCY “affirming” happened in CCAA, and that is the judge over CCAA describing it. Like it or not, there isn’t any secret deal that’s bringing more than is disclosed clearly and directly by both the monitor and the judge.

This is the judge’s comment on further restructuring:



That’s how a judge says “empty, debt ridden shell.”

The fairy tales are getting more and more absurd in the face of the judge’s order closing CCAA. That’s to be expected, of course, as it is crystal clear the charade of this being the first ever bankrupt company that was liquidated and couldn’t scratch the surface of its debt and other obligations emerging from bankruptcy is coming to an end.

[titanium_ox]

"Upfront Purchase Price" = "Subscription Price" hence the $4.3 million from Visolis, well outlined, defined by PWC and hopefully (to avoid confusion) will be referred to as such going forward, unless in need of quoting verbatim the "Visolis Letter in Investment in BioAmber Inc"

Tymoon22, Thank you for all that info. The DD you & others have shared on this board is appreciated a lot more than it may seem.

"(e)"With respect to the Recapitalization"

$BIOAQ

[youngster-moon]

The updates never stop, lets see where I left off

BioAmber Inc. which some say is only a few weeks away from being cancelled, is still being productive as always.

What is a company out of business doing reinstating patents under the BioAmber name:


Lets no forget that BioAmber Inc is still on the land registry for the Sarnia plant:


And yet another article including BioAmber as a Big Market Player in the Bio-tech Industry, some may say its a mistake but there more to come, here is the first article:



Here is the cherry on top, its pretty funny actually:
Thank you to the leader of the Green Party of Ontario and the Member of Provincial Parliament for Ontario giving us a great update on twitter of LCY Biosciences:

Finished our tour of LCY Biosciences in #Sarnia. Good to see Ontario grown crops replacing petrochemicals to make a more sustainable type of bioplastic. #CleanCaringEconomy #MeetMike pic.twitter.com/UqMo8SymeU

— Mike Schreiner (@MikeSchreiner) July 8, 2019

Thanks to his tweet, we got to see everyone who got a tour of LCYB after . Funny enough, Trevor MacLeod, Plant manager at LCYB, wearing a LCY hard hat, not a LCYB hard hat, giving a tour of the LCYB facility which is still under BioAmber's name. Now as a newly formed business, wouldn't you want to show off your new logo and represent your business with a government offical with more than 50,000 followers on twitter, i guess not. The same government officials that helped fund BioAmber Sarnia a few years back, $40,000,000 to build this state of the art facility, was wearing BioAmber hard hats when they toured the facility. How would u you feel wearing a hard hat of BioAmber when you funded $40M and it just sold for a supposed $4.3M.




And I'll leave yall with this, someone forget to also tell the government at their council meeting on June 17th 2019, that BioAmber doesn't exist anymore lol

[IOUBLOKE1]

The Judge told the Court this statement. THE COMPANY IS SOLD AND THEIR IS NOTHING FOR THE SHAREHOLDERS. Bioamber the Company a Private seperate entity. Sold yes...THe word SOLD has nothing to do with BIOAQ> The Judge said it on multiple occasions. There is no letter. The CCAA is over... What ever is after the CCAA has nothing to do with the CCAA.
Thank you
Bioamber History Prior Shareholders on Bioamber Facebook page called them scamsters

[Brucebannerr]

Total fantasyland spin . Here is line 10 that the management supported before they resigned . Please point out where it says anything about Visolis . You see those numbers next to each footnote?
Thats the line in the judges order it represents. SMH!

10] On May 4'", 2018, BioAmber Canada and BioAmber Sarnia both filed notices of intention to make a proposal to their creditors under Part I of the Bankmptcy and insolvency Act, R.S.C. 1985, c. 8-3 (the “BIA') in court files 500-11-054564-188 and 5001-054563-180 in the district of Montréal.