Replies to post #133964 on BioAmber Inc fka BIOAQ

[dalesio_98]

It's elementary, BioAmber was liquidated and nothing will change for former shareholders unfortunately with creditors impaired.

[toncatmad]

Magoo has done it again. Once again that is nothing more than speculation plain and simple. You have no idea if they have ever spoken about anything at all.
There is no need to read between the line or go looking for a secret deal
All that speculation will not change anything. I prefer to simply read the court docs and monitors reports. They all state that there was only one transaction paid upfront. In that transaction LCYB purchased everything of value for $4.34 mil. All that was left was some us based office furniture and those worthless shares. No restructuring ever took place

[toncatmad]

I’m quite sure Eno knew the debt was getting called in. He knew what money they had and where it was going. He knew who they owed money too.
If Eno was hired to restructure BioAmber he failed. He didn’t present any plan. Eno simply resigned like the rest and moved onto better things.
There are no secret deals in the bankruptcy/liquidation of a public company