Replies to post #130434 on BioAmber Inc fka BIOAQ

[Real McCoy]

For the millionth time- they were optimistic for a better result. They tried. It costs money to try. Ultimately there were no takers so they got the 4.34M scrap value.

There is NOTHING about this pitch for a KERP that somehow hints at a merger two years later after the company dumped 100% of its assets and employees.

[fireballka7]

I agree. will stay right here.

[toncatmad]

Covid had absolutely nothing to do with this. The liquidation and sale to LCYB was done in August 2018. It was announced then that shareholders were getting nothing and if anyone bothered to read all the info instead of listening to the dd fabrication team spinning the lie that more was coming then nobody would be here.
In the end BioAmber was liquidated and not sold. Sure they had hoped to keep going but BIOAQ couldn’t get anymore money and nobody wanted them as a going concern.
All anyone wanted was the assets and that’s all that sold.
The corp and the shares are devoid of all assets and worthless.
There is nothing complicated about it. That is not a bid from LCYB. LCYB never wanted a merger with BioAmber all they wanted were the assets and that’s all they bought. LCYB did in fact hire some ex BioAmber employees and why wouldn’t they? Makes sense to me.
Stay until 2023 and continue to wait until 3023 but it won’t change the outcome. LCYB bought all the assets of value for $4.34 mil as clearly shown in the final 8k, court docs and monitors reports.