That kind of depends on what the basher is looking at. The same core group folks that were involved in BioAmber are creating a new entity that is about to be announced as 2nd version of the original BioAmber but a slightly different business plan. The market is already there for us, and the creation of BioAmber 2.0 was specifically at the request of the research market. We aren’t even open and we have 6 major customers begging us to accept their contracts.
With those contracts and private funding in hand, the new BioAmber is well funded for operations for years to come. We will operate by contract and royalties retention to successfully fund this enterprise.
Our future looks fantastic and it’s about to happen
For former unsecured equity positions in the defunct, bankrupt, non existent entity once known as “BioAmber”, the former equity holder shareholder base may be resurrected into the new company as its shareholder base, however I am of the opinion that former shareholders that do not have a penny risked in the new company, be required to buy shares in the new entity(at a fairly discounted price)
Enjoy the ride you are about to experience
For the bashers, we told you so. Your slanderous statements will not go unchallenged in the new company. I suggest bashers choose carefully what they post of the new company, Of the old company, have at it. BioAmber is dead, bankrupt, dissolve, forever extinguished. Those shares are forever worthless, though they do buy you a position at the front of the line, to be an equity holder in the new company.
Bashers BEWARE
YOU HAVE BEEN WARNED