Replies to post #124783 on BioAmber Inc fka BIOAQ

[toncatmad]

One thing is for sure that signature will not change anything but it will be interesting to see what excuse is cooked up when nothing changes after the class action is paid out

[Greenhand3]

AMEN BROTHER!!
Great post!
BioAmber

[Gold prospector]

You are 1,000% correct!

[trader59]

Whose signature?
The court records document the liquidation for $4.34M very clearly, and there's nothing anywhere that says otherwise.

[whitegold3]

you nailed it, great post

[TheRealMrPirate]

The major creditors decided they could buy it for that price. As a matter of fact, they accepted the offer. It was their money that built the plant and their money that was owed to them. Your NOL's view has been debunked several times. NOL laws & usage have changed drastically over the last several years. The NOL's would only apply if the business had been taken in whole "as a going concern", which if was not. Secondly the new reduced application of NOL's would have arguably not covered the outstanding debt. The SISP failed, the company was liquidated as clearly documented through out the proceeding on court records. Approved by the major creditors / presented to the court by the insolvency trustee / approved by the courts in 2 different countries.