Replies to post #129629 on BioAmber Inc fka BIOAQ

[toncatmad]

Well that was a great attempt to baffle with bullchit as it pertains to BioAmber but there is a small problem. LCYB was in fact a qualified bidder but a qualified bidder did not have to purchase the equity (shares) of BioAmber Inc. A qualified bidder did not have to purchase BioAmber Inc (where the shares are) and not one single company bid on or wanted BioAmber Inc the company or the worthless shares. All anyone bud for were the assets (tangible and intangible) and nothing more.
If the shares of BioAmber Inc were in fact purchased or part of the deal with LCYB then the owners of those shares would have gotten a letter describing the deal and the monetary amount to be paid for them. There is no second step, the liquidation is over, LCYB got what they wanted and nobody purchased the shares not LCY, KKR, KAHC or anyone else and that is an undeniable fact

[TheRealMrPirate]

When you understand what you're reading concerning those "terms and conditions" you go on about, then we can have that conversation. Nowhere was it "mandatory" for shares to be taken and nowhere 'were' the shares taken = Clearly documented they were not taken. In the end, the deal excluded the company as a 'going concern' and it excluded the shares along with contracts and several other items. The debt remains with Delaware 4612067 and so do the shares - #Fact.
While you're at it, have a read...read it several times over. If you still can't grasp what's in writing then have someone qualified read it to you & explain it to you.- http://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf