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THEDOG 17

04/27/21 11:40 PM

#114425 RE: biowin #114424

Biowin I read through your posts ! There’s lots of good DD !! I like your perspective on how things are playing out. Not an easy complex restructuring deal to figure out. 4.3 laughable. Thanks ! And we know Good Things Are Coming Very Very Soon!
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1manband

04/28/21 12:04 AM

#114426 RE: biowin #114424

bioamber paid their debt with shares to creditors



No, they didn't. The creditors rejected outright any offer of shares for debt. The choice is up to the creditors, not the bankrupt party.

The claim is completely false.

BioAmber is dead and the stock is worthless. Nothing will change that.
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Brucebannerr

04/28/21 4:44 AM

#114428 RE: biowin #114424

Prove it . You are stating this lie as a fact not an opinion.

bioamber paid their debt with shares to creditors, law was made for companies to pay their debt with shares, I have a vedeo to prove it, they have everything paid,

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trader59

04/28/21 6:54 AM

#114433 RE: biowin #114424

If BioAmber paid their debt with shares, why do the court records say otherwise? Your "research" did stumble across the court records, right?

If not, here's a link to most of them:

https://www.pwc.com/ca/en/services/insolvency-assignments/bioamber.html

This one's really good, a summary of the things that happened through the end of 2018:

https://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf

Says no transaction occurred for the shares on page 4 and describes the process of the liquidation and the proceeds received and how they barely touched the debt.