Replies to post #133411 on BioAmber Inc fka BIOAQ

[TheRealMrPirate]

You should seek out those court documents, they'd help with your understanding of what occurred with Delaware 4612067 - read these in order, hopefully they help.
They're official SEC documents, *SEC* - you remember who the SEC is right?
(1) https://www.sec.gov/Archives/edgar/data/1534287/000119312518235083/d598473dex991.htm
(2) https://www.sec.gov/Archives/edgar/data/1534287/000119312518265192/d614167dex991.htm
(3) https://www.sec.gov/Archives/edgar/data/1534287/000119312518309191/d645901dex991.htm

[dalesio_98]

Monitor was discharged from the BioAmber CCAA file - a $4.34 million liquidation after a failed SISP (sale and investor solicitation process). Creditors were not made whole, hence, no funds for equity claims. Shell remains saddled with debts.

I'm glad some posters continue to refer back to the Ccaa Liquidation PROCESS, hopefully one day they understand that it was simply a PROCESS.

process is a series of actions which are carried out in order to achieve a particular result.

Ccaa LIQUIDATION PROCESS was one step of a two step PROCESS!! Otherwise it would just be CCAA LIQUIDATION.

[trader59]

That's what's being clung to, the word "process?" That's absurd.
The liquidation "process" was a solicitation for bids (from 70-80 entities), receipt of 11 bids, evaluation of the bids by the monitor and creditors, selection of the winning bid, court approvals for the sale, and closure of the sale of all assets as detailed in that 8K.
Clinging to an absurd "interpretation" of a single word against indisputable evidence of the outcome (liquidation and shutdown of the company) in the whole of the court records is a terrible investment strategy.