Replies to post #105196 on BioAmber Inc fka BIOAQ

[Real McCoy]

Well they PAID for them because they were the highest bidder in the liquidation. But you’re saying they opted not to take them on this transaction because they thought it would be more fun to pay them more in royalties later?

[Brucebannerr]

If they had a patent on that formula then LCY bought it . As a matter of fact there are a dozen pages in the apa of PATENTS with different processes for the production of bio-succinic sludge . And not one word about the dead company retaining any rights to them . The word retain only appears once in the apa and it is highlighted below .I know its complex to copy and paste . But maybe try and back up your fairytale with some kind of facts .

“Purchased Assets” means all of the rights and interests of the Vendors in and
to the following properties, assets and interests
(i) the Books and Records, it being understood that the Purchaser will obtain
copies at its own costs and that the Vendors will retain the originals;
(ii) the Owned Real Property;
(iii) the Owned Movable Property; and
(iv) the Owned Intellectual Property.

[toncatmad]

They bought everything except for some office equipment in Minnesota. Reading the monitors reports would help to realize this. They already have everything they need.