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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 Pancho2on Dec 26, 2016 4:39pm
174 Views
Post# 25643910

RE:RE:RE:RE:What Shareholders might get

RE:RE:RE:RE:What Shareholders might getHi Fart, 

I am just copying and posting what the Company posted.

If you look at the Q3 2016 Balance Sheet, it clearly stated that "Liability subject to 
compomise was $1,337.05. ( UnsecuredBonds and Secured) 

So if you are an unsecured Bondholders you were paid off by the Secured Bondholders
(Ad Hoc Committee).

If you are a Shareholder with 100,000 shares, you will get about (100,000 /88)
1,136 shares @ $13.67 =$15, 529.
Plus 4.4 times in warrants.

But if you are Fart, you still full of it.

Only my understanding.





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