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Bullboard - Stock Discussion Forum Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or... see more

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Comment by Lllennnon Aug 03, 2022 1:33am

RE:went for a walk tonight

WCS <$80, that is very bad with winter driving and Saudi may pump more oil in world markets, although cibc bought 1 m only 20m to go imo

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Discussion

Post by BobTheKnob2on Aug 01, 2022 11:54pm

went for a walk tonight

It was such a beautiful night today, that I went for a leisurely walk, checked on my old old home and chatted with a former neighbor watering the garden. I walked past an apartment building that ...more

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Discussion

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Comment by quicksilver545on Jul 25, 2022 1:12pm

RE:RE:RE:RE:Response from Manitoba Securities

The silence is deafening. Every year except this year they have released the results of the voting from the AGM the day of, or after, the AGM. Now because the results didn't go their way, they ...more

Discussion

Comment by DanielDarden123on Jul 25, 2022 10:26am

RE:RE:RE:Response from Manitoba Securities

Good work! It seems like the Governance, Compensation and Nominating Committee can keep themselves elected as trustees. These are the same people! How ridiculous is that? The “circumstances “ are ...more

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Discussion

Comment by riverrrowon Jul 25, 2022 8:26am

RE:RE:RE:RE:Response from Manitoba Securities

I would hope that "acceptance by the Board" is a technical formality to confirm the resignations and not a loophole to circumvent the rules.

Discussion

Comment by alkhoron Jul 21, 2022 4:29pm

RE:RE:RE:Response from Manitoba Securities

"will be expected to forthwith submit his or her resignation to the Board, to be effective on its acceptance by the Board." Of course, since it is most likely everyone on the board ...more

Discussion

Comment by quicksilver545on Jul 21, 2022 12:18pm

RE:RE:Response from Manitoba Securities

I found this interesting... written right in the circular: Majority Voting Policy The Board has adopted a majority voting policy pursuant to which, with respect to uncontested Board elections, each ...more

Discussion

Comment by alkhoron Jul 20, 2022 3:56pm

RE:Response from Manitoba Securities

Similar response to mine: "Good afternoon, because Lanesborough REIT is a TSX Venture issuer, they are not obligated to release voting results. When the resolutions are uncontested – it ...more

Discussion

Post by quicksilver545on Jul 20, 2022 2:05pm

Response from Manitoba Securities

Just received a response. Essentially because they are a "venture issuer", there are no requirements that a venture issuer has to disclose the results of a vote. They "voluntarily" ...more

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Discussion

Comment by quicksilver545on Jul 20, 2022 12:36pm

RE:Anyone Heard Back From the Manitoba Securities Commission?

I received an email back from them over a week ago after I had sent a follow up to my initial inquiry. They reported that they were reviewing my concerns, adn would get back to me when they completed ...more

Discussion

Post by alkhoron Jul 20, 2022 11:39am

Anyone Heard Back From the Manitoba Securities Commission?

I sent an email asking about whether the vote results had to be published and what the implications were if the BoD recieved very few "for" votes. Heard nothing back.

Discussion

Comment by BobTheKnob2on Jul 13, 2022 12:02am

RE:RE:RE:Best possible outcome for vote

I love it!! I have never been sarcastic in my life. I do not even know how to be sarcastic over the internet tubes. It is just my natural born optimism that is shining through. We can only ...more

Discussion

Comment by quicksilver545on Jul 12, 2022 10:40pm

RE:RE:Best possible outcome for vote

I appreciate the optimism on LRT, Bob, but the reason it hasn't declined since February 28 is because the minimum bid price on the TSX venture is 0.005, so it cannot go down any more. That is part ...more

Discussion

Comment by BobTheKnob2on Jul 12, 2022 9:50pm

RE:Best possible outcome for vote

I should have added this part, because it is relevant for comparision: LRT.un has a return of negative 66.67% TYD and is unchanged for the day However on the positive side, because I am that ...more

Discussion

Post by BobTheKnob2on Jul 12, 2022 8:51pm

Best possible outcome for vote

I look at the outcome of the vote, with more than 50% rejecting the 500 to 1 consolidation. Then I look at the share price. It is still where it was a month ago. Then I look at the S&P Select ...more

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Discussion

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