Replies to post #133180 on BioAmber Inc fka BIOAQ

[trader59]

Plausible? Not in the slightest...
There were 74 companies solicited in both the SISP and liquidation. No bids on the SISP whatsoever, 11 bids on the liquidation, but only 2 of those were for all 3 lots of assets.
The secured creditors owed $40M watched both processes, pretty sure they'd be able to sniff out the sort of fraud you're proposing.
Not a chance all those companies and creditors got hoodwinked.
The plant was a money pit and sold on the cheap.

[Real McCoy]

Yes that would have been illegal.

It was liquidated.

[iron-eagle]

Don't look past the fact that the bidders in the "liquidation" already knew they were doing this to support BioAmber's successor 2 days before bids were due in the liquidation. That makes all these bids hogwash because non of them are from BioAmber's successor but from those supporting the successor. Either way looks like PwC has some questions to answer. My associate already emailed the judge and formally filed a complaint with the OSB. I'm sure it'll all shake out in the long run...BioAmber's successor LOL

IE

PS-Is there a shareholder advocate available...BAHAHAHAHA