Replies to post #102363 on BioAmber Inc (fka BIOAQ)

[Brucebannerr]

Excellent DD . And that asset value is zero . As plainly spelled out in the settlement documents. Which is why the class shareholders are gettig nothing from the debt ridden Delaware shell . Also plainly spelled out .
Only in fantasy land do creditors not get paid .And on top of that class action shareholders get nothing from the debt ridden shell . All in front of 3 judges . And it is spun into shareholder getting millions . Cawwww

[trader59]

Here’s another: If one wants to know the outcome of a bankruptcy in detail, look at the court records for those bankruptcy proceedings. For this one, the details are on PWC’s website. Save some time and go straight to the 6th monitor’s report, which includes a copy of the Asset Purchase Agreement for the liquidation sale of the assets. If one looks at that document, they will see the assets of BioAmber, Inc., the parent company, and its 2 subsidiaries were all included. All of them.

It is ridiculous to even suggest that this lawyer for the shareholder lawsuit is documenting the “real” outcome and the monitor and 2 federal court judges got it wrong. LOL!!!