Replies to post #144829 on BioAmber Inc fka BIOAQ

[TheRealMrPirate]

Quote:

So now you're saying that what the Monitor's attorney wrote after "the liquidation" is accurate

There is no "So now", it has always been 100% accurate.
Thank you for posting that to the board, you never disappoint.
Like I've stated before, if you don't know what you're reading, have someone qualified explain it to you.
You're a professional under liner, that's classic 🥲
It would be even better if you knew what you were under lining meant.
"Cmon man do better."
Good night Iron Buzzard

[Real McCoy]

Yikes.

“There will no value for holders of equity claims”.

So do you believe this document? At all?

Did you think this through?

How could you possibly post again now?

[trader59]

That letter refers to the remaining assets after the liquidation, which was some remaining inventory, office stuff, etc., minor stuff. The patents (including BioAmber’s interest in patents shared with others) were sold in the liquidation. Those assets were also sold with the approval of the court and the creditors who had security in them (and everything else).
That’s a new letter for this board, and I can see why it wasn’t posted while the pump and dump was still in play, as it clearly states the shares held no value whatsoever back in 2018 after the liquidation and nothing more was coming. That wouldn’t have supported the fairy tale buyout very well. It appears the PWC lawyers thought the shareholders’ lawyer was a numbskull the way they presented their answers.

[New money98]

And the Nneeewwww......

[randomwalk007]

OK. So here we are 5.5yrs later. At this point, shouldn't there have been some kind of event to evidence accrued value to BIOAQ shareholders? The continuation of the ba$hers seems the only activity that renders hope. What could LCY Bio (or similar) possibly be waiting for at this point? If BIOAQ is indeed a "loose end", it seems it could remain that way indefinitely- there doesn't seem to be any catalyst.