Replies to post #84035 on BioAmber Inc fka BIOAQ

[Jimmlu59]

Oh and kkr <} loves their NOLS and yes pirate we already know that you lost money on the WMIH, but please stay on the topic of NOLs that are worthless :)

https://finance.yahoo.com/amphtml/news/going-public-tax-twist-investors-170826299.html

[trader59]

And, once again, paragraph (ii) would require that the bagholders of BioAmber be given over 50% of equity and voting control of the company taking ownership. No company is that stupid, nor is there one that can’t do the math of 21% (corporate tax rate) of the NOL’s vs the debt that would have to be assumed (in addition to the price of the fictitious secret purchase price).

LOL!!!!!

And those contracts are worthless. If they had any value, either the JV would have had them assigned or the creditors would have objected to the completion of the proceedings.

[Brucebannerr]

Well we know millions of shares have changed hands . As the 13g fillings prove . And the accumulation being pumped as a positive fantasy means even more shares are changing hands . It traded 57 million shares in one day last year. Well past the bankruptcy filing .So the continuity of ownership since the chapter 11 filling is definitely in question.