GREY:LSTMF - Post by User
Comment by
bushhog1on Aug 16, 2016 4:50pm
316 Views
Post# 25147548
RE:So what now?
RE:So what now? 3.5 years ago, LTS had about $3.5B worth of Assets.
Since then they revalued and wrote off all their Assets.
They still have all these Assets (included tangibles) plus additions
Now they trying to sell 95% of these Assets to the Secured Bondholders
for $650us
Lightstream surely is not working for Shareholders.
Interesting to see them pull this off.