The government didn’t want to take over a money pit that lost money every year and needed substantial more investment to keep going. The creditors opted to get back what little recovery they could from the highest bidder.
Note- transactions for public companies aren’t hidden for 6 years. Get this choked down, it’s not like you have a choice.
Quote: "you are trying too hard to prove everyone stupid but you are the biggest dummy of all times on the history of ihub" Well isn't that the statement of statements, coming from you 🤡 King of Clowns - Biotwit. Zero clue how a public company works. The government owns zero of the former company - FKA BioAmber. As a matter of fact, the 5% or greater equity holders were publicly known through SEC filings, by law. The government was also NOT a secured creditor. There is no way you could not know this, you can't possibly be this dumb. #SMH.🫣
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