Replies to post #86207 on BioAmber Inc fka BIOAQ

[trader59]

And, once again, BioAmber, Inc., is the guarantor of much of Sarnia's secured debt. It is here, beginning on page 11:

https://www.pwc.com/ca/en/car/bioamber/assets/bioamber-008_060618.pdf

[kevroc]

Agreed.
PWC has expertly walked the thin line separating these corporate entities and jurisdictions... it is a complicated web of corporate law.

I believe it is a process that was planned in 2017 (or earlier) and was executed by Richard Eno with prearranged buyers. Bioamber's big fish is and always has been the larger facilities in it's contractual pipeline, to produce a global supply. Petro based succinic acid will be a dead technology in the very near future.

PWC is under no obligation to discuss nor disclose details of transactions that do not apply directly to its role of Monitor to the Canadian proceedings, i.e.: what happens to Bioamber AFTER that process is concluded. That is when the show starts.
IMHO of course.