Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Lightstream Resources Ltd. LSTMF

"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."


GREY:LSTMF - Post by User

Comment by ltrabson Sep 20, 2016 2:14pm
365 Views
Post# 25257046

RE:consequences?

RE:consequences?I still find the multitude of possible outcomes intriguing ... : ))    

Present and past shareholders could start an action against directors and management. 
They are insured, so there are settlement funds available .. 

The bond holders who were discriminated against,  may win in which case there would be no secured bondholders (or maybe all secured bondholders) which may (MAY)  put bond holders and shareholders in the same boat. Depends not on law but which group have the political influence or best mouthpiece ..   

Those who bought at 9 cents may get a few cents back. 
Those who held or worse ... doubled down and similar, looking to blame someone, should look in the mirror .... 


afficheholderon wrote: ltrabs: and what is the consequece for shareholders according to your post?


<< Previous
Bullboard Posts
Next >>