Replies to post #133833 on BioAmber Inc fka BIOAQ

[1manband]

Eno purchased NO Shares of stock. He owned NO SHARES.

Do you see an SEC Form 4 filed by Eno which details the exercise of stock options into shares? By LAW, it has to be filed within 2 business days of the exercise.

Do you see one? No, because there isn't one. He would have to be INSANE to have exercised those stock options, as they were FAR FAR FAR out of the money (i.e., the exercise price was FAR above the market trading price of the stock).

Eno owned NO shares. That is a FACT proven by the SEC filings (or, in this case, the lack thereof). And there is absolutely NO record of him owning even 1 share, much less 1 million shares. The 1 million were unexercised options. Those are not shares, and they expired worthless.

[toncatmad]

There is no such purchase in late July or any other time by Eno period.

It doesn’t t take a ton of time to see that Eno did not own any shares at all. Eno would have had to file a form 4 right away just like any other company insider. There are NO form 4’s for Eno so it is impossible that he bought any shares. He let the options go without exercising them at all.
Why would he want shares in a failing, cash burning, debt ridden insolvent company.

A bunch of dudes in tinfoil hats chanting “Eno bought shares” and “good things coming my associate says so” over and over will not make any of it a reality. Eno never purchased a single share of stock. He had no faith in BioAmber either lol. This is no better than saying there was a split. There is no record of a split in any of the SEC filings, no record with FINRA and no record of it in the monitors reports or court docs. Just like with Eno never purchasing shares BioAmber did not have a split happen either.