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Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."


GREY:LSTMF - Post by User

Comment by Oldfart74on Jan 26, 2017 10:09am
97 Views
Post# 25757692

RE:RE:@bluesky sept 19

RE:RE:@bluesky sept 19
Pancho2 wrote: Reefs,
From your posting of  LTS article from 19th Sept 2016, it clearly stated that if the 
Support Agreement failed under the CBCA, then LTS is allowed to continue
the proceedings under the CCAA by way of a Credit Bid by the Ad Hoc Committee,
all subject to the terms and conditions of the Support Agreement

So if the Credit Bid is the Support Agreement and the Credit Bid was approved
by the Courts, nothing changes. Shareholders will still get
what was mentioned in the Support Agreement

So I am yet to see Old Fart shows where Shareholders will get nothing.
The Links he is referring to, shows nothing about Shareholders getting nothing.




You have a vested interest in knowing whether or not you will receive shares in new entity.  Why don't you call the Monitor?  it's a simple question. You should get an answer.  They are running the show.
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