Lightstream Resources Ltd. LSTMF

RE:One of many solutions for LTS PP Private Placement

[boarderex86]

You must be Protrader because you are equally biased.  Currently a $100MM placement would give up the whole company.  If private equity wanted to unload $100MM into equity in this company they would buy the whole thing and have money left over to pay off half the LOC deficit.  

The fact that equity isn't worth anything is the problem and you can't ignore dilution unless you were burdened by having too much money to begin with. They need an open market sale of assets to prove the market is pricing the stock wrong.  Until that happens they are going to be stuck trying to fend off creditors.

as I mentioned in my last post, I actually think the risk reward is attractive for LTS but everyone should appreciate this is not going to trade flat.  It is either going to make you a lot of money or lose everything the you invested.

survivor2015 wrote:
Since the share price are so depressed, you can't calculate market cap because it's too low.  But so the sake of simplicity, let's says it's $50M,  bond holders $50M, new private placement $100M

Use that $100M as the fund to pay obligations until more profitable oil returns.

I'd be a PP buyer especially if there are options to buy more in the future at the PP price of 18 cents.

Now, you have to ignore the dillution, because you can't compare with very bad. Which is what the current share price is at this point.  It's been beaten to a pulp. It's almost "non-existant".

I've seen companies with absolute junk do PPs.  And LTS has over a billion worth of assets?  Let's get this going!  Call IR Monday to let your opinion be known!