Replies to post #123941 on BioAmber Inc (fka BIOAQ)

[trader59]

Don't really need a calculator for a gullibility test like this one, to see how many will fall for the notion that an SEC reporting, formerly exchange listed, public company somehow constructed a facility and put it into operation without telling anybody or disclosing it to their shareholders, the two federal bankruptcy courts, their creditors, etc., and it was completely overlooked by the town (and its officials and reporters) it was constructed in. That's preposterous, nothing more than a different colored laser pointer to distract the kittens.

Were I even curious about how LCYB come upon that amount of product, I think I'd be looking for other possible sources, maybe that 600 MT that Visolis (aka - LCYB partner with LCY) imported a while back.

[Real McCoy]

Well it’s for sure not #2 which would be as likely as Santa Claus provided the extra production.

Hey maybe LCY has a deal with someone or built another plant. Would be hard to do in secret but as a private company it’s obviously a lot more believeable than a public company doing something in secret.

[toncatmad]

I believe that the numbers being shipped are correct as why wouldn’t they be.
There is only 2 plausible explanations for the extra production. That is that either LCYB has retro fitted a second plant and is producing on their own or they have licensed the tech to someone close who is tolling for LCYB.
One thing is for sure and that is it has nothing to do with BioAmber or it’s former shareholders. Right in the court docs, monitors reports and even BioAmber’s own SEC filings it’s plainly stated that only one plant was ever built. The judges, monitor, creditors and shareholders sure as hell didn’t miss a second plant and a second plant was not “hidden” from the public by a publicly run and owned company.
Now LCYB on the other hand has ZERO reason to report to the world what they do in anyway. LCYB with KKR’s and LCY’s financial backing sure as hell could have retro fit a plant or have licensed their tech to someone to produce it for them. This could be why it was stated that millions of dollars was spent by LCYB retro fitting the plant and getting things up and running in Sarnia. LCYB would be under no obligation to announce any of it publicly either.
So why not just call up old Dexter in Sarnia and ask him how they are producing and selling so much BIOSA maybe they will tell you and maybe they will have no comment. No matter what at the end of the day this will have nothing to do with former BioAmber shareholders as always. This will just be another in a line of BS theories that ends the same way with former BioAmber shareholders still getting nothing