Replies to post #99138 on BioAmber Inc fka BIOAQ

[LETSWIN2020]

In the real world the 1% can...even for 1$ if they wanted to . They are above the realm of reasoning . Look back at 2008 financial crisis study how the 1% benefited buying up co. For next to nothing . L..and who caused the f.crisis in the first place ?

[dalesio_98]

Unfortunately, it is more common, than uncommon.

What is wrong with you people ... lol.

NOBODY IN THEIR RIGHT MIND WOULD GIVE AWAY A 129,000,000 DOLLAR FACILITY FOR 4.3 MILLION DOLLARS.....LET ALONE A JUDGE IN THE CCAA


what is wrong with you people.....lol.

[trader59]

NOBODY IN THEIR RIGHT MIND WOULD GIVE AWAY A 129,000,000 DOLLAR FACILITY FOR 4.3 MILLION DOLLARS.....LET ALONE A JUDGE IN THE CCAA


what is wrong with you people.....lol.

They did, it’s all there in the court documents.

What nobody in their right mind would do is pay $540M for a $129M facility that had never made a profit.

[TheRealMrPirate]

It's amazing to me that everyone keeps ignoring the fact - reality is the entire industry knew BioAmber was in trouble. They watched it crash and get relegated to OTC. Asset value on the books mean absolutely zero at that point. Any other competitor could have taken it, forget hostile takeovers or share holder petitions or anything of the sort....someone could have bought the entire company up on the open market for less than $7m....they would have had everything, in entirety....Look at the sale price for the assets through liquidation and compare that to reality that no one even showed an ounce of interest knowing full well the company was exposed.