Replies to post #100642 on BioAmber Inc fka BIOAQ

[1manband]

There is enough legalese, when one knows the differences between the common usage and legal definitions of many words and phrases in the documents to support a theory that more is coming.

NO, there isn't.

The "legalese" is very clear. The $4.3 million was for everything, and there is no more.

It is over.

The law does not permit any "opinions" in this regard.

[Real McCoy]

I was asking for your opinion of what the details were.

There was a clear theory, I thought, about LCY being the buyer as a lot of the legalese you mentioned - "affirming", "The Visolis", "Upfront Payment" seemed constructed to paint that picture. That Visolis made a public deal and LCY was waiting to announce their "portion". That is until LCY tacitly stated they didn't do that.

So it seems it comes down to the belief that 4.3M wasn't enough, and is as simple as that. Its not enough and so someone else must have done something- theres just no evidence of that yet.

One question that begs: in your mind, did the stated deal and your "theorized" deal happen at the same time, or is the new deal not yet done? I assume it would have had to have already happened, as it would explain why someone would be willing to accept the stated deal that you say is clearly too low. Doesn't that mean it would have had to be offered to shareholders by now for approval?

[trader59]

LOL!!

Fraudulent conveyance would do the most harm to the creditors (and others) owed about $100M.

Did any of them object to the $4.34M clearly documented as the price paid in the liquidation?

Nope...

Fact: nothing more happened than was documented in the court documents, nothing else will happen to this out of business, empty, debt ridden "company on paper." And, yes, it is a known fact whether everybody acknowledges it or accepts it.