Replies to post #133828 on BioAmber Inc fka BIOAQ

[dalesio_98]

I'm surprised at your question.

How and why were options provided?

Enlighten us with your research.

Tell me .. what is the difference between "owned shares" and "share options"?

Once you answer that, tell me .. are "share options" owned?

Thanks for your attention.

[1manband]

Share options are NOT owned. They are granted and include certain requirements in order to exercise them into actual common shares.

These stock options are the right to purchase shares under certain conditions. They are not equity, do not have voting rights and are not transferrable. If those conditions are violated, the options can be taken away.

Those options were never exercised, and expired worthless. Eno owned ZERO shares. All he had was options.

The SEC filings do not lie.

https://www.sec.gov/Archives/edgar/data/1534287/000119312518143689/d578363d10ka.htm

[dalesio_98]

"Richard Eno. Mr. Eno entered into an employment agreement with us on September 13, 2017. Pursuant to the employment agreement, Mr. Eno serves as our Chief Executive Officer, is entitled to an initial annual base salary of USD $500,000, which is subject to review and adjustment in accordance with Company policy, and is eligible to earn an annual cash incentive bonus targeted at 70% of base salary, based on performance and subject to evaluation and determination of the Company and the Board. The agreement also provides Mr. Eno with an initial equity grant of an option to purchase 500,000 shares of our common stock and that Mr. Eno will be granted an additional option to purchase 500,000 shares of our common stock on March 1, 2018. The options vest on a monthly basis over 36 months following the date of grant."

https://www.sec.gov/Archives/edgar/data/1534287/000119312518143689/d578363d10ka.htm

Tell me .. what is the difference between "owned shares" and "share options"?

Once you answer that, tell me .. are "share options" owned?

Thanks for your attention.