Too bad no one ever said the process would be in the best interest of all those classes by providing them with money. The same people that misinterpreted that statement are the same ones that somehow thought a liquidated, bankrupt failed company would provide a windfall for shareholders.
And yes, the idiots on Twitter and Facebook are just making stuff up out of thin air to keep the angry shareholders off their backs for their failed predictions.
All the shareholders have lost 100% of their investment. I hope this has at least taught them a lesson about bankruptcy.
And not to listen to the pump and dumpers on Twitter.
Yes . The creditors didnt buy shares in the debt ridden shell. Not the monitors job babysitting shareholders when the exceptional liquidation didn't cover a fraction of the secured creditors debt. The shares are yours and worthless. So sad . Enjoy those worthless shares.
Don't forget, BioAmber said over and over and over that the shares would have no value. And that should have been obvious to anyone that read the news releases and SEC filings.
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