If I may how do you explain the fact that the Two judges signed off on the liquidation to LCYB for $4.34 mil? I mean it’s stated in multiple monitors reports as well as multiple court docs. It’s stated that it all sold for $4.34 mil free and clear and that the remaining debts are still attached to the BioAmber shell. Do you think they all are keeping a big secret of a second transaction for over 2 years? That they all lied in public when it was shown in all those docs that the total balance of $4.34 mil was paid upon closing minus the 10% deposit which was already received? Why would all of the assets already be transferred into LCYB’s name? Why would they need to hide this second transaction in secrecy for over 2 years? What would be the point of hiding it? It has nothing to do with the class action which ended. That ship sailed when the judge signed off on the settlement. So what could the possible reason be for hiding the second transaction at this point? Why would they suspend trading for all this time if there was a second part to the transaction involving the shares? Why not let it trade and continue to generate revenue? Why have they not filed one single piece of info since the last 8k? Why would they not be required to file financial info? Why would their TA and RA resign? Why did all the employees either resign or get terminated? Why has there not been one single word not one peep from the company since the liquidation to LCYB? Why are the back taxes still not paid and why did they allow the Corp charter to be forfeited?
Simply why would they need to hide the second transaction from the public and shareholders for this long?
Sarnia and the other 2 BioAmber entities went bankrupt, that's true.
And it is the court records that say the whole company was liquidated for $4.34M. The Queen had a lower ranking as a secured creditor than others, so "she" saw no recovery. "Her" loan was removed as a lien against the property.
All of that is exactly what the court records say (specifically the judges' orders approving the liquidation sale and vesting the title of all the property to the buyer, LCYB) and is exactly what happened. There is no other way to see it.
Here's a screenshot from the CCAA judge's order vesting the property free and clear of all liens. It's what it says.
News 
Market Data 
Discover 
