Post by
Kanshin8 on Jun 27, 2018 7:40am
Keeper or loser ??
Is there somebody somewhere that has recent news ? Will it break 0.10 CAN again or it's R.I.P. for BIOA ??
Comment by
Slimer4200 on Jun 28, 2018 5:01am
Head over to Investors Hub for more info. BIOA started with Chapter 11 bankruptcy protection in the US and have now transferred it to the Canadian courts for CCAA restructuring instead. It looks like there will be either a strategic or financial buyer, with assets exceeding liabilities. Likely hood that the common shares will survive as a result.
Comment by
Kanshin8 on Jun 28, 2018 7:13am
Thanks for the info about Investors Hub. Happy to see someone helping to keep this post alive. One post a day keeps the doctors away !!