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Bullboard - Stock Discussion Forum Lightstream Resources Ltd. LSTMF

Energy Oil & Gas E&P
"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."

Bullboard (GREY:LSTMF)

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Post by reefsandals4evaon Oct 12, 2017 7:40pm

LTS.Pr.A

Is it possible that Ridgeback bought all the assets free and clear and someone else now controls the capital?
333
Comment by PROtradingon Oct 12, 2017 7:13pm

RE:RE:RE:Recapitalization question for Pancho2

Humm... For some reason, something stinks here... https://cfcanada.fticonsulting.com/Lightstream/courtOrders.htm https://cfcanada.fticonsulting.com/Lightstream/updates.htm One would think FTI would ...more  
525
Discussion
Comment by Oldfart74on Oct 12, 2017 3:41pm

RE:RE:Recapitalization question for Pancho2

Nothing like relying on a press release that’s well over a year old which is supersed by events that culminated a year ago.  Nothing for the shareholders as the entire company was acquired by the ...more  
485
Discussion
Comment by Pancho2on Oct 12, 2017 1:17pm

RE:Recapitalization question for Pancho2

  I was stating what the old Shareholders would be getting    in this new recapped Company, Ridgeback Resources.  I agreed they are taking their own sweet time in this ...more  
341
Discussion
Post by PROtradingon Oct 11, 2017 3:55pm

Recapitalization question for Pancho2

I picked up some of these "mortally wounded" shares when they were in the pennies.  Sometimes I get lucky with flaming dumpsters (if I wear silicon gloves).  The odds are against ...more  
600
Discussion
Post by Oldfart74on Sep 26, 2017 7:46am

Section 50(1) election

You must file this form to claim a capital oss if you did not dispose of your shares but wish to claim a capital loss  https://www.taxspecialistgroup.ca/public/taxtips.asp?n=09-21&site ...more  
350
Comment by Oldfart74on Sep 19, 2017 12:26pm

RE:RE:Lightstream share holders

For those who have capital gains, I recommend you claim a capital loss of this stock since it is worthless.. If you don't need to claim a capital loss, follow Pancho's advice.
509
Discussion
Comment by Pancho2on Sep 17, 2017 3:51pm

RE:Lightstream share holders

I will wait until the Broker tells you the shares are worthless. -----------------------------------------------------------------------------------------------------  Ridgeback is a new private ...more  
386
Discussion
Comment by AlexRoxon Sep 12, 2017 9:58am

RE:Lightstream share holders

Even though you can't sell, there is a provision to elect those shares worth null in the Tax code.  You could talk to CRA  regarding that. 
280
Discussion
Post by Lightstreamon Sep 10, 2017 12:39am

Lightstream share holders

I own shares in Lightstream that i got years ago when it was traded on the TSX.   I know it got delisted, did all the shares from lightstream get transfered to the new company RIdgeback?   & ...more  
585
Discussion
Post by afficheholderonon Jul 21, 2017 7:36am

Intersting read

https://www.insolvency.ca/en/whatwedo/resources/IIC_LawAward_2012_3-M-Kril-Mascarin_EquityClaimsUnderCCAA.pdf
395
Comment by Oldfart74on Jul 06, 2017 10:45am

RE:RE:RE:Someone saw this?

No.No.  Pancho received Phantom Shares which are hopefully going to converted into Real Shares fifty years from now.
536
Discussion
Comment by oilman53on Jul 05, 2017 8:34pm

RE:RE:Someone saw this?

Meaning of course that they only people who got shares in Ridgeback are the secured note holders...
282
Discussion
Comment by Pancho2on Jul 05, 2017 4:24pm

RE:Someone saw this?

What does it mean? New Site https://www.ridgeback.com/ Dec 8, 2016 The Sale Transaction will be effected pursuant to an Asset Purchase Agreement dated November 29, 2016 (the “Agreement”) between ...more  
370
Discussion
Post by afficheholderonon Jul 05, 2017 9:45am

Someone saw this?

https://cfcanada.fticonsulting.com/Lightstream/docs/ESTMA%20Report%2020162.pdf
384
Discussion
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