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Real McCoy

12/13/21 9:04 AM

#121768 RE: Groundskeep #121767

Hahahaahahahahahaaha wow

So it was “expected” to be liquidated. Was then liquidated. You’ve heard nothing for years. What’s the remaining complication???

Hahahahaahahahahahaa can’t make this stuff up.

toncatmad

12/13/21 11:03 AM

#121773 RE: Groundskeep #121767

Well the Liquidation Scenario ended with BioAmber being liquidated for $4.34 mil and that was detailed in the APA and approved by not one but 2 federal judges as well as the creditors.
So in the end BioAmber was liquidated plain and simple as stated.
There is nothing left open by the folks who were in charge and carried out the court ordered liquidation. The only ones left stating or thinking more is to come are the shareholders. All other parties involved ended this long ago.

toncatmad

12/13/21 11:32 AM

#121774 RE: Groundskeep #121767

There are no complicated schemes. That was the ramblings of a losing bidder and nothing more. G5 could have added more to their bud to try and win but decided not to. Let’s not forget that a response email was sent denying all of that losing bidders nonsense and that losing bidder didn’t do a dam thing about it. G5 had the opportunity to bring that up and fight it in court but at the end of the day they did nothing about it.

Right it was a liquidation scenario.
(A description of what could happen) then in the end the liquidation happened imagine that LOL. The liquidation that was described actually happened and was approved by 2 federal judges and the creditors as well. The APA was approved and signed off, all employees resigned, the monitor was discharged, the corp charter was revoked, FINRA suspended trading, FINRA deleted the ticker and BioAmber ended. Since then not one word has been uttered from former BioAmber or any of its employees or board members. Oddly enough the “liquidation scenario” ended in an approved liquidation of BioAmber.
There is no super secret French sales order. There is nothing going on in France. There is nothing going on in Taipei. BioAmber is not coming back to pay its shareholders. KKR, LCY, KAHC will not pay former BioAmber shareholders hell nobody will for that matter. What ever Fintel has on its website does not overrule the court documents or the APA.
I guess this week it’s some super secret French sales order. Why wasn’t this discussed before? Why is it that the nest steps and or hold ups change all the time?
So is the class action holding up this sales order from being competed? Once the class action ends will shareholders be paid more money for their shares then BioAmber was worth when it was still a company? What will be the hold up after the class action ends and nothing changes?

Why is it that nobody legitimately knows what is going to happen next? Who will actually be paying the shareholders and when it will happen? There is no way that an NDA or CA would ever be used to hide the sale of a company from it’s shareholders or the public. That’s not how they work so why hasn’t it been announced going on 4 years from it happening? If it’s supposed to be a secret how does anyone know anything about it at all?