Replies to post #98753 on BioAmber Inc fka BIOAQ

[Homebrew]

Secret former BIOAQ documents "saving" gamblers? Area 51 might have them.

"...Did anyone look into “ The Letter Of Intent To Invest “ in Bio Amber which contained a sealed document that to my knowledge was never revealed in the courts and monitors report...If anyone can shed some light as to what it says would be greatly appreciated......"

[Longstrongsilver]

The letter of intent to invest has absolutely nothing to do with a letter or investing. That it still hasn’t seen the light of day has absolutely nothing to do with it being unseen. Regardless, what it says won’t have anything to do with what it means.

[trader59]

Yes, I can "shed some light." The offer letter from the JV was $4.34M for the assets of the company, and that offer was accepted, transaction closed October of 2018. The transaction was clearly and directly documented in the court documents as being exactly what the letter had offered.

The letter from LCY was attached to confirm their participation in the JV and offer being extended. There are zero other possibilities, especially not one that a 2nd offer was in that letter, as that would also have been documented through closure in the court proceedings and documents. When you think about it, it's kinda ridiculous to even consider a JV sent in 2 separate offers for the same assets, isn't it?