Replies to post #95672 on BioAmber Inc (fka BIOAQ)

[lineItemVeto]

But no company

100 million in debt..... 240+ million in NOLS....... billion's in contracts........hmmmm, you do the math.

[trader59]

I thought it was $320M in NOL’s... those are worth $67.2M of actual tax reduction at the US corporate tax rate of 21%... against the $100M of debt, looks like a bad deal.

The contracts are worthless, nobody has wanted them, ever, and the one most touted expires in 7 days. BioAmber couldn’t meet its end of that one anyway. Anybody that wants to sell corn sludge can write their own contract anyway.