Lightstream Resources Ltd. LSTMF

Did Anybody else have a freak out?

[reefsandals4eva]

Am i the only one who bought this and watched it get delisted and freak out in the truck throwing my phone and swearing at life, and bought more after it delisted, feeling stupid as you did it?  After the headache of owning this i won't be happy unless it's dollars.  I want this one to pay off.

[oilman53]

Do you really think that the old sharehoders are going to get anything?

[AstroCalgary]

see what Wright said “But we’ve wiped out all of our ownership position in the company, and it’s been painful for all of us.”

[don1212]

dumbass

[Pancho2]

Article stated "Still, management, directors and employees lost millions from their own investments in the process." Management was not completely wiped out. The way I understand it, is LTS got $1.35B deal for 97.75% of the new shares. The old Shareholders will received the other 2.25%. ( about $0.15 per share) Yes these guys have no shame, they revalued their assets very low and

[reefsandals4eva]

The new shares probably means the 198000000 shares getting relisted from the OTC. We will just wait for the restructuring. I think I'll be keeping them.  You can't down play this. You can try but when the restructuring and new issue is done that will determine the value.

[BluSky23]

Where did you find the details around th 2.25%? Will the warrants still be issued as well?

[reefsandals4eva]

That was from the old proposal. This is now an acquisition. 

[BluSky23]

Yes. Wright is a major share holder and will find a way to get some money for shares. $.30.

[don1212]

I can't believe Wright show off his dumbass face on the Calgary Herald. why the hell they interview him. Apollo & GSO need to get rid off all management team right away.

[AstroCalgary]

He is the one who doesn't know the word "shame"

[don1212]

Mudrick & FrontFour should hunt him down and kick Wrights dumbass.

[reefsandals4eva]

Not if they sold their shares. Enjoy your tax break.