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Real McCoy

05/10/24 9:40 AM

#143994 RE: Smattchew #143992

You know the next sentence said it comprised all of the companies assets except for some office furniture, right?

I don’t get it- you say you know this is dead but then you throw out this brutally debunked snippet form ‘18 as if there is a chance?

TheRealMrPirate

05/10/24 10:09 AM

#143995 RE: Smattchew #143992

I sincerely hope you're not trying to enlighten me with your comprehension skills.
The "certain assets" have already been clearly defined.
Also clearly defined, your shares remain with Delaware 4612067, you remember what that is, yes?
That is the former company that used to (past tense) own & carry out business under the trade name BioAmber.
That trade name was sold as part of those "certain assets" (All assets) along with the intangibles, IP and everything else.
Also clearly defined, the former company no longer has an exchange listing, or ticker & has had it's cusip identifier suspended due to bankruptcy liquidation.
I would imagine that causes a few "complications" for former shareholders expecting a payout.🤔
With all due respect, ignoring the secured creditors were left impaired at the completion of the liquidation process to the tune of +$101,000,000 plus in outstanding money owed.
🤷

toncatmad

05/10/24 1:52 PM

#144000 RE: Smattchew #143992

You might want to read the next line that defines certain aspects of All of the companies assets

On October 22, 2018, the Company completed the sale of certain of its assets to LCY Biotechnology Inc. (previously 9384-3076 Québec Inc.). These assets comprised all of the Company’s assets, save and except for the cash, accounts receivable and inventory of the Company, and also excluded certain U.S. based office equipment.