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trader59

06/05/23 2:06 PM

#134271 RE: $ugar Glider #134270

Nope. G5’s offer was for all 3 lots of assets, not just the IP. Sorry.
It helps to read those court records from the CCAA and bankruptcy proceedings. Highly recommended, great read for the first time ever.

TheRealMrPirate

06/06/23 10:32 AM

#134272 RE: $ugar Glider #134270

FKA - $bioaq Sorry, his post was factually accurate, there was nothing misleading about it. Whether a company is "declared" bankrupt or not, the outcome of a liquidation is insolvency.
I'm not sure what version of insolvency does not equal bankruptcy in fantasy land but the former "BioAmber" is factually insolvent.