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Real McCoy

02/13/24 4:00 PM

#141553 RE: fireballka7 #141552

Certain assets was all the assets save for some office equipment.

That’s per the last ever 8k the company issued.

The plant wasn’t worth 200m. It was losing money.

toncatmad

02/14/24 2:51 AM

#141567 RE: fireballka7 #141552

The $4.34 mil paid by LCYB was to purchase ALL of the assets the tangible and intangible assets described in the APA and listed 1 by 1 and was never for MRO. The assets comprised ALL of the assets save and accept for the cash, AR, inventory and some us located office furniture.
There is no NEWCO and there never was so take your own advice and stop the Bullchit as it only shows how big of a liar you truly are. Sorry there bud but for you to even suggest that garbage just shows your lack of intelligence.
I thjnk the plant was about $141 mil or so not $200 mil. Second that state of the art plant didn’t do a dam thing for BioAmber as they had hundreds of mil in losses, were over 100 mil in debt they couldn’t pay and were burning money daily. Hell there last best quarter was still all red.
Not one single bid was higher than the $4.34 mil they were paid by LCYB.
They didn’t fake the liquidation of assets approved by 2 federal judges in 2 countries LMFAO!!
Man that post really cracks me up and shows just how off the reservation you have gone lol.
You are either a big ole Liar or just lack the intelligence to comprehend the court docs and monitors reports.
FKA BioAmber shareholders lost their investment and there was nothing more coming EVER lol