News Focus
News Focus
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trader59

07/08/19 3:52 PM

#78868 RE: CSCS #78867

LCY, Visolis, and BioAmber.

But that was obvious.

I agree that lot's of DD is being ignored, namely the judge's order ending CCAA. That should be read by everybody as it would put an end to the fairy tales about there being another transaction, the "mysterious" letter, a "restructuring," and any other expectation of this company surviving this bankruptcy. There's not a way to believe any of that tripe after reading that order, highly recommended.
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Brucebannerr

07/08/19 4:02 PM

#78869 RE: CSCS #78867

Where in the documents does it say they bought assets from bioamber biochemicals ? They have no assets to buy . But as plainly spelled out in court documents. Visolis and Lcy bought the assets of the three petitioners.

29] The Visolis Transaction closed on October 22"“, 2018 with the Monitor receiving the entire proceeds from the sale namely US$4.34M“ for the en-bloc purchase of the assets of the three Petitioners which necessitated that an allocation be made among the various secured lenders having asserted security interests against said assets.



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rbtree

07/08/19 5:06 PM

#78876 RE: CSCS #78867

That's ALL white noise.

The company AND the shares are DONE for. Period.