Replies to post #137846 on BioAmber Inc fka BIOAQ

[trader59]

They also had the opportunity to object to the sale of the assets, but they didn't. Unlike the equity holders, they understand the bankruptcy process, and when a bidding process for the assets that solicited 80 or so companies ends with only 2 low bids for all of the assets, they knew that was all they were getting. Taking possession of their collateral would have ultimately cost them more money.

[TheRealMrPirate]

Sure, lets keep going.
I love to humour ignorance although it's obvious after 5 years of this you haven't learnt a thing about bankruptcy.
You're right, they didn't have to sign off on anything. Heck, they could have just thrown more financing at the former company, right? Why not, not like they weren't millions in the hole backing this money losing operation anyway.
They could have sat on their asses and watched BioAmber keep stringing along until they had no choice but to fold & cease.
Do you think there would have been any recovery in a full out bankruptcy vs a court supervised liquidation scenario call for bids?

Like wise, you always have the right to remain silent.

[Real McCoy]

Hey Connie-

While I hate the hard con you’ve been doing all this time, this segment where you comment “the right to remain silent” which is always met with a brutal, debilitating rebuttal has been a bright spot. I’d prefer you stop the con even though the damage is limited to the point where trading stopped, but I suppose if you must continue, I hope you’ll continue with that.