Replies to post #89207 on BioAmber Inc fka BIOAQ

[Lucky77Dice]

Nope..They did”not qualify for bankruptcy...only a COMPLEX restructure...Obviously creditors are satisfied...Bankruptcy just did not happen here...

[LOYS]

Yes they do... 2014 Greenlight Capital - Einhorn- BIOF (restructured debt which was more, no plants thus no operation & no contracts),

'only thing it had was a big NOL's attached to commons ($BIOAQ has 40% more).

Mr.Einhorn made the $275 million deal & COMMON SHAREHOLDER WERE PAID WELL. I know cuz I was one of those shareholders.

Study past cases with NOL's - Mr. Icahn, Mr. Einhorn & KKR. NOL's this size doesn't get thrown away.. very reason WHY COMMONS HAVE SURVIVED. It debunks your statement.

Happy $BIOAQ Value Investing Week Ahead,

LOYS