Replies to post #142440 on BioAmber Inc (fka BIOAQ)

[Real McCoy]

Yep the fact is this was liquidated 6 years ago and hasn’t been heard from since.

The idea that 4.34m was “low” is not a fact and unfortunately you have no choice but to accept it as that’s what happened.

[toncatmad]

If it was the holy grail then why is it that BioAmber was burning through funds day after day going further in the red? If it was the holy grail why wouldn’t anyone loan BioAmber money to clear the debts, why didn’t anyone want to take over BioAmber as a going concern and why was the highest bid offered $4.34 mil.
Just because you think it’s worth billions doesn’t make it so. Funny that it’s only you shareholders who lost their investment who think BioAmber was worth more as everyone else saw a money pit. LCYB was smart at least they saw an opportunity to snatch up all of the assets