GREY:LSTMF - Post by User
Post by
reefsandals4evaon Jan 11, 2017 2:54am
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Post# 25692344
http://cfcanada.fticonsulting.com/Lightstream/docs/Approval%
http://cfcanada.fticonsulting.com/Lightstream/docs/Approval%
the fate of the shareholders hinged on what was in the nov. 29th purchase agreement.( Pg 2 paragraph 1). Page 3 paragraph 4 (vesting of the purchased assets)- this is the part I find scary, it talks about being free of all rights, and includes the term "security interests", however it could be referring to the controlling ownership, not minority shareholders, but I don't know for sure. It could possibly be in there to allow them to dilute our shares down to what they feel shareholders should get. which, in my eyes could be nothing, but I guess that's why I'm curious about what was in the purchase agreement. would this be a 45 day process or should the shares distributed pro-rata in Ridgeback be done by now?