Replies to post #104882 on BioAmber Inc fka BIOAQ

[Brucebannerr]

Why is that fairytale not being posted word for word . Just what rights did Visolis reserve ? If copy and paste is to difficult. Maybe just the page and paragraph and the court document its in explaining that fantasy faiytale . But below is what the plant is go for .
The new venture will in the coming months restart operations of BioAmber’s main production facility, a $142 million plant that had been producing bio-based succinic acid, an important building block for a range of petrochemicals.
“This facility will serve as a proving ground to demonstrate that Visolis’s technologies, based on our unique combination of biology and catalysis, can be scaled to reach commercial volumes,” says Dugar. “This is the most efficient route to commercialization because it accelerates our time-to-market compared to building a new plant from scratch.” The acquired plant’s current annual production capacity is 33,000 tons.

[Real McCoy]

Who will accept the royalties? There is no one working for the company to bill for or calculate (or audit the calculation of) royalties.

This idea that 12 companies bid on everything available but the high bidder left the “recipe” on the table to enrich shareholders later is insane, and of course, flies in the face of declaring bankruptcy in the first place.