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JamStar

02/09/22 4:52 PM

#124068 RE: Greenhand3 #124063

You know what I find funny… the BioAmber shares were intentionally kept alive and trading… suspension was the plan the entire time
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toncatmad

02/09/22 5:02 PM

#124071 RE: Greenhand3 #124063

Yep the BOD of former BioAmber was gone before the final hammer fell for BioAmber and no plan for the shares was ever submitted and that is why the shares are in folks accounts with a ZERO balance. The shares will sit there forever as a reminder of the dangers of trading Q stocks
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$ugar Glider

02/10/22 9:37 AM

#124084 RE: Greenhand3 #124063

True that! 1. BioAmber did not go bankrupt.... case dismissed not discharged. FACT
2. Frontier "Shares are expected to trade until the plan's effective date. They will be cancelled on the effective date and for shareholders long FTR on that date, it would be your "sold" date for tax purposes." that is what happened to Frontier.
3. BioAmber did trade after the head fake bankruptcy, (only similarity) but then the valuable shares were shelved awaiting future action from the restructuring, in the best interest of all stake holders, not declared worthless for tax purposes. (difference) BIOAQ becomes ??? for the win!
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Brucebannerr

02/11/22 6:11 AM

#124102 RE: Greenhand3 #124063

Key word PLAN BioAmber had no plan . The shares are safe and worthless.