Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Live Updating
Yes but it feels like you may be saying they could have value. They are worthless and attached to a shell numbered company.
That is correct, our shares are still being held in our brokerage accounts.
You’re active on another board because all arguments are defeated here. And quite easily of course as this was liquidated 6 years ago with nothing since, no employees, no assets, NOLs less than debt, etc.
All are holding as this cannot trade or sell.
The vast majority just left because this is dead and/or the con was over.
FKA bioaq - bankrupt BioAmber
Claim away, absolutely free of charge.
The monitor's reports & court documents are fact, still publicly available.
Much like your lack of reading skills concerning those court documents.
I'm in Spring Lake, FL (Orlando). Yes, I'm Canadian born, live part time in Toronto and still file taxes in Canada.
Not like I haven't stated that before here too. 🤷
S--t like this only comes from the Clueless crew lololol
"so claim away" awesome lawyer advice.
Is that free of charge too?
Sounds like you miss everyone KICKED OFF THE BOARD
Shit like this only comes from Canada lololol
🤣😂 HAHA FUNNY! 😄🤣😂
You keep posting the same nonsense from a company attempting to sale a report about - "Succinic Acid Industry is Expected to Reach $530 Billion by 2031"
It is obvious their research isn't accurate because Bioamber no longer exists.
Why don't you post the website, name of the CEO, phone number, address.... But we all know that will never happen.
IG
That isn't accurate - Bioamber would have to be acquired as a going concern to take advantage of the losses as tax write-offs.
The IRS (in Section 382 of the tax code) has eliminated the sale net operating loss carryforward for corporations that have ownership changes greater than 50%.
It was an asset sale which means the tax write-offs can't be used
"Sarnia asset sale to take full advantage of additional tax losses for the Parent company BioAmber Inc right?
Because if Sarnia sells all of its secured assets and BioAmber Inc doesn't get anything for their investment in Bioamber Sarnia... The DELAWARE parent company BioAmber can write off the full USD $91,043,679.00 investment and STILL retains all the contracts and technology/licensing agreements!"
That is more of your nonsense from 2019.
IG
FKA = deleted bioaq
Perfect example_ _ _ 👏_ _ _ 🤡
See how that works?
Bioamber Inc, is in complex restructuring for reasons explained here by CSCS
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148597763
FKA - bioaq Sure, anyone can claim anything they want about the "former" company.
This board is about FKA - Formerly Known As bioaq.
The fact is though, false claims just make the poster look like an idiot = *Factually liquidated*
I mean, the factual court documents are publicly available that prove the "former" BioAmber doesn't own any technology any longer.
So claim away. 🤷
See how that works?
I’d focus less on what you deem the “politics” of a dead company message board and instead focus on the truth of the dead company.
You mean former Bioamber’s old technology that they sold to LCYB?
Convestro must be using Bioamber's technology, making plastics from sugar
More interesting news, convestro gets a buyout offer from Adnoc, $62/euro per share, this is what Bioamber Inc should get
Canadian court approves Red Lobster restructuring plan, company will exit bankruptcy
Bawhahaha! Key words " court approves" .
Weeee!
Losers holdin strong !!!
That same report has Reverdia list and it was dissolved in 2019
Too bad there is no “fresh” information from Formerly Known As BioAmber Inc. That add for a research report doesn’t outweigh the facts in the monitors reports and court docs.
Go ahead and pony up the few thousand dollars for that report and post its findings. Should be a good read
Succinic acid Huge demand, billions $ business with Bioamber Inc
Fresh research came out today!!!
https://www.openpr.com/news/3651620/succinic-acid-industry-is-expected-to-reach-530-billion-by-2031
FKA bioaq So what you're really saying is you can't post the proof on your own because it doesn't fit your narrative? 🤡
Not that I didn't expect that after the link has been provided to you multiple times already - http://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf
You should probably start reading just after #7 / "A".
Thanks for confirming that you have a whole lot of nothing.
This is all garbage from 5 years ago while trading was still possible (and therefor was part of the con).
Incorrect, no plan of arrangement was filed in court before the proceedings ended.
Former BioAmber was not restructured, it was liquidated.
This is an example (Red Lobster) of what happened to Bioamber, U S company with a plan to restructuring and out of bankruptcy, Pwc trustees and Lcyb lawyers, are lying and continue to harrass Bioamber's shareholders , they know there is a restructuring plan with Bioamber's creditors
https://www.ctvnews.ca/business/canadian-court-approves-red-lobster-restructuring-plan-company-will-exit-bankruptcy-1.7032242
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=148871222
There is no soap opera.
Its dead.
Moronic.
This “random” twitter post could have caused people to lose money.
This has been wrapped up since ‘18 as you know.
LMMFAO LEAVING???
The BioAmber soap opera producer?
You gotta be fucking kidding!
See you tomorrow 💕
I don't really care what some random twitter says. I have my own set of questions and since we're going to be here forever, I'm in no rush to get it all wrapped up quickly. See what guys tomorrow!
FKA bioaq / bankrupt Delaware 4612067
Items like this? ❓️⬇️
https://biomassmagazine.com/articles/lcy-chemical-purchases-bioamber-assets-sarnia-biorefinery-15729
Or foolishness like that?❓️ ⬇️⬇️
What remaining questions?
I know but I have some items to sort through and you guys are here and so helpful, and the purpose of the forum is to discuss fka $bioaq so this is a perfect solution! I'll keep asking my clarifying questions and you keep answering.
You’re welcome.
I’d rather you just accept the obvious outcome though.
is he leaving? I hope!
Thank you for your service, to us, and to fka $bioaq
Generally rebutting bitter and wrong former shareholders.
I'm just doing lots of little checks here and there. What are you doing?
What kind of “checking” are you doing with your “questions” so thoroughly answered here?
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175049880
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=175051487
People are here because some seem to believe this wasn’t liquidated in 2018.
Trying to say you’re “smart” because you’re here “waiting for people to leave” while seemingly saying you don’t “believe” the liquidation won’t work at all.
Nope I'm here for the same excuse you have, I wanna see what it will take to leave.
Nothing else like it in the world.
This is Guinness shit here!
?
You done finally?
"so much"
6 FUCKING YEARS?
LMMFAO X MILLIONS
You're a lot nicer than I am.
I can only point in the direction so much then they're on their own.
I'll recommend that you, also, read the 6th monitor's report for the first time ever. I've included a link so you can do that. The two patents in question were jointly owned by BioAmber, Inc., and Lanxess, and are shown in the APA included in that monitor's report at the bottom of page 93 (page 17 of the APA listing) and 94 (page 18 of the APA list). With Google patent, it takes about 2 minutes to cross reference any patent application number with the patent number and patent title if you're interested in learning the truth. BioAmber, Inc,'s interest in those patents were sold to LCYB per the APA, and either of them (or both) could have been listed on that form as who would receive correspondence regarding the patent.
https://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-043_120718.pdf
FYI, here's the Google patent hits on those two application #'s:
https://patents.google.com/patent/US20150018471A1/en?oq=14380405
https://patents.google.com/patent/US20150114263A1/en?oq=14380415
It took longer to type this response than it did to look up the two numbers and cross reference them to the APA. Now that you know how, you can answer your own irrelevant questions.
Yes, i have checked through again and still do not see LanXess listed in that report. Unless you have insider knowledge from LCYB specifically stating that they used their new tradename "bioamber" while managing the patents, your theory is only a theory, which to your delight, is the same level of theory as anyone else posting on this board. Could you use some red lines and point out where it specifically says in the APA that fka $bioaq assigned the patents to LanXess? That is what this conversation is about. Thank you.
Who would be paying posters on the board of a stock dead 6 years ago??
…another year of PAID non-shareholder losers posting everyday ( including weekends and holidays). BWHAHAHAHAHA
This is why MAJORITY HOLDING STRONG$$$
Bullish
That’s because they were assigned to Lanxess Corp from BioAmber.
BioAmber the assignor and Lanxess the assignee. July 27 2018 execution date and the date recorded was Jan 23 2019.
https://assignment.uspto.gov/patent/index.html#/patent/search/resultAssignment?id=48102-600
https://assignment.uspto.gov/patent/index.html#/patent/search/resultAssignment?id=48102-600
Followers | 407 | Posters | |
Posts (Today) | Posts (Total) | 146856 | |
Created | 04/26/13 | Type | Free |
Moderators Homebrew Lucky77Dice randomwalk007 Real McCoy dalesio_98 iron-eagle |
http://www.facebook.com/bioamber
http://twitter.com/BioAmber
http://en.wikipedia.org/wiki/BioAmber
BioAmber Inc.is a sustainable chemicals company. Its proprietary technology platform combinesindustrial biotechnologyand chemicalcatalysisto convert renewablefeedstockinto building block chemicals for use in a wide variety of everyday products includingplastics,resins,food additivesandpersonal careproducts.[1]BioAmber was listed on theNew York Stock Exchangebetween May 2013 and February 2018, under the symbol BIOA.[2]It was also listed on theToronto Stock Exchangeunder the same symbol. BioAmber is aDelaware corporationwith a head office inMontreal, Quebec, a research facility inSt. Paul, Minnesota, and a commercial plant operating inSarnia,Ontario.[3] BioAmber’s investors include
CORPORATE PRESENTATION
https://www.bio-amber.com/_media/en/pdf/BIOA_Corp_Overview.pdf
Since 2019 Bankruptcy & Liquidation, Above info is obsolete
=====================================================================================================================
IMPORTANT NOTICE !! Company Liquidation isCOMPLETED. Ticker Deleted by FINRA on 11-21-2019. They will no longer exist for trading.
FINRA Daily List Deletion:
Cancellation of the common shares will happen. See Section 1124 under Title 11 of the US Bankruptcy Code. ========================== http://www.pacermonitor.com/public/case/24653251/BioAmber_Inc_and_BioAmber_Inc https://blog.otcmarkets.com/2018/11/13/understanding-short-sale-activity/ Short VOLUME is not Short INTEREST even though promoter run websites like OTCSHORTREPORT try to portray short VOLUME as naked short INTEREST. It’s not...in any way. The short interest on BIOAQ as of January 15, 2019 was a little over 21,000 shares. Plant sold for $4.3 million US and there is no value coming to the equity claims. ==========================
BioAmber IS CURRENTLY BANKRUPT under Chapter 15 of the US Bankruptcy Code.
==========================
There is no plan of arrangement. All attempts at reorganization failed, which is why the Company was liquidated.
There is nothing of value left to reorganize, which is why the company is being wound up.
==========================
The docs are VERY clear. There is no restructuring. That failed.
All the assets have been liquidated and ALL the BioAmber companies are being wound-up.
==========================
Once the Canadian Proceeding is closed it will move back to Delaware (as BioAmber Inc. is a Delaware Corp)
which is where Mitsui and Bridge will duke it out and then the remaining debt of BioAmber Inc. will be expunged and the equity along with it.
==========================
Here is an informative article by the President and CEO of OTC Markets about Short "Volume" v "Interest"
==========================
There is no restructuring or sale of the company as PwC has disclosed. As a result it went to liquidation at the end of July.
==========================
The secured creditors have been approved thus far a total of $3.5M recovery, final distributions still pending. They were owed a total of $39.4M
The unsecured creditors have received $0. They were owed a total of $23.8M.
The only transaction was the sale of the assets for $4.34M and the sell off of the remaining inventory, there is nothing else.
==========================
Teke it from the monitor, shares are not safe. Shareholders are going to lose 100% of their investment in this stock:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146530874
Good point-by-point explanations:
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=146547312
UPDATE "SALE OF THE COMPANY"
December 23, 2019
SHAREHOLDERS WILL REMAIN INTACT
BioAmber completed the CCAA proceedings (Companies Creditor's Arrangement Act), on December 23, 2019 upon the filing of the Discharge Certificate. Under CCAA, (Canada law, not US) BioAmber was not in liquidation, receivership, or bankruptcy. Learn more about CCAA here.The monitor was PwC (PriceWaterhouseCoopers) with extended powers from the Canadian court, and facilitated sales transactions with Visolis and LCY Chemical Corp, which togetherformed the joint venture LCY Biosciences "LCYB", thedesignated purchaserthat purchased and will now continue to operate the Sarnia plant. These transactions must include both assets of the Companies and shares of BioAmber Inc. (the US Parent company), in a multi-step transaction, whichaims to take advantage of BioAmber's IP, trade secrets, patents, R&D breakthroughs,Vinmar contracts, and tax benefits of BioAmber'sNOLs.
LCY Chemical itself was just recently purchased by KKR in a 1.5 billion dollar acquisition, whereby LCY Chemical Corp is now a private company. Learn more about that transaction here. PwC's various updates can be found on their website here.
PWC RELEASES AUGUST COURT MOTION ON FEBRUARY 14, 2019 - CONFIRMS SALE FOR
"BUSINESS AS A WHOLE"
See Page 4, #18
The Visolis and LCY Chemical Corp joint venture, LCY Biosciences "LCYB" is the strategic buyer
==================================================================================== NEWS !! PWC Updates Shares Worthless, FINRA Notified
FEB 8, 2019 Evening Update
Stick a fork in BIOAQ's common shares. They are DONE.
Today's Tenth Monitor's Report, issued by PwC specifically to dispel the internet rumors of the common shares having value, proves the common shares are not only worthless, but will be cancelled. See Sections 16, 18, 19 below. http://www.pwc.com/ca/en/car/bioamber/assets2/bioamber-049_020819.pdf Anyone holding the common shares when FINRA (who has been notified by PwC) will lose 100% of their investment. Assuming they have a chance to sell, of course.FINRA could decide to delete the ticker at any time from this point forward.
===================================================== Company Liquidation isCOMPLETED Ticker Deleted by FINRA on 11-21-2019. They will no longer exist for trading.
IMPORTANT NOTICE !!
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
______________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________________
PWC HAS REMOVED ALL
DOCUMENTS REGARDING
THE CCAA PROCEEDINGS
INVOLVING BIOAMBER ON OR
AROUND MAY 13, 2021***
STATUS UPDATE 11.01.21Board Info
Posts Today | |
Posts (Total) | 146856 |
Posters | |
Moderators |
Link Copied Successfully!
The message link is now ready to paste
Liked By
Be the change you want to see in the world!
Spread the love. Be the first to like this post!
Detailed Quote Discussion Board
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |