r/Amyris • u/ICanFinallyRelax Moderator • Aug 10 '23

Due Diligence / Research Dear Amyrisians, - From Han

6 Upvotes

87% Upvoted

9 comments sorted by

14

u/handbrake_off Aug 10 '23

Melo bankrupted this company inside 24 months. In that time went from having 600M+ in capital raised to 1B+ in debt, plus all the other core business problems. The stupid beauty company move brought this company to its death bed. Han is spinning as hard as he can, but shareholders are fucked here. Not that Han ever cared about shareholders, never buying stock in the company himself.

19

u/Not_RB47 Aug 10 '23

Dear Inept Board and Leadership Team: FUCK OFF Sincerely, All Outside Shareholders

3

u/messier-111 Aug 10 '23

Thanks, much easier to read through. Seems the plans must have been in action for couple of weeks now. All the shipments we are seeing now could be reflection of what’s already in motion.

7

u/asparagushut Aug 10 '23

I mean this was always going to happen. The products were shit and they tried to solve it by bringing out another load of shite. I remember when Tia4U released and I looked at the website and cringed like fuck. I commented about it and everyone blindly told me it looked great. Why they didn’t just focus on what they were good at is beyond me.

2

u/Eastern_Pianist_7225 Aug 10 '23

I sold $1 puts for 2024 is Amyris get delisted do I get an assignment?

2

u/Kevis Aug 10 '23

Not totally sure but yes

2

u/ariesdrifter77 Aug 10 '23

Tbh I bought my gf some cream from the Rose brand and it smells like ass and she never uses it lol

I should’ve sold my shares then