That’s an excerpt from page 80 of the last annual report from BioAmber for year 2017. You can also do a word search for “Sinoven” in that document, and that’s all you’ll find aside from the agreements that formed the JV. It is noteworthy that Sinoven was incorporated in Delaware. Nonetheless, were there operations in China, it would be discussed in there or here:
You an also word search “Sinoven” here on iHub for each year back to 2018 for previous debunkings.
This whole “Chyna” thing is simply another fairy tale to keep the marks busy. It is absurd to even suggest a very well documented and court approved liquidation and shutdown of this company didn’t happen.
Folks need to review your link a few times. After the 2nd or so time a smile will happen followed by a slight laugh which may get a little loud over time and maybe turn into an uncontrolled roll on the floor LMAO moment which may be embarrassing to watch so be careful where you review this material.
0 dollars for Real Property !!!!!!!
$921,958 secured debt by property !!!!!!!!!
UNSECURED CLAIMS !!!!!! including vacation time and bonuses.
UNSECURED CREDITORS !!!!! Add them all up and you get about Liabilities of $6,403,197 and assets of $116,137,537 with accounts receivable at $14,035,053. That is not including the $6.7 million of intangibles they listed as well. I know its been said before over and over again, but sometimes you need a refresher. Folks wonder why we are all still here.....HELLO!!!!!!!!! Upfront makes much more sense as well as M.R.O. for 4.3 million. Seems to be a ton of missing value here.