Lightstream Resources Ltd. LSTMF

RE:RE:RE:RE:RE:RE:READ and weep

[BluSky23]

In the monitors report it states clearly that unsecured is our of the money as the ad hoc paid full price of all notes, debt and accrued interest. Since this makes the Secured note holders whole, they cannot accept money at closing ~30million, which would take them above what is owed, that money should go to unsecured. We know there is confidential items missing from monitors report, and a little suspicious that there is no note for items 14 and 15, on page 32. There is a deal made to flow either cash or shares to unsecured / Sh's. My opinion. My guess is unsecured negotiated to get shareholders original shares, and Ridgeback will pay cash on hand at end to SH's. Otherwise, seems silly to have unsecured/SH's pick up tab for success fees, CCAA fees, and secured not lose a dime....and timed for a rising market.