GREY:LSTMF - Post by User
Comment by
Pancho2on Dec 31, 2016 2:49pm
105 Views
Post# 25656999
RE:RE:RE:RE:RE:RE:RE:News
RE:RE:RE:RE:RE:RE:RE:NewsWhy are these clowns trying so hard to scare Shareholders into believing that
they wouldn't get anything.
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On July the 13,, 2016 the Company and the Ad Hoc Comittee made a Support Agreement under the CBCA. This Agreement laid what the Secured Noteholders/ The Unsecured Noteholders and Shareholders will get.
On Sept 19,
The Company seek an initial order under the CCAA for the purposes of implementing a sale transaction under the CCAA acceptable to both the Company and the Ad Hoc Committee, all subject to the terms and conditions of the Support Agreement.
Shareholders are still alive
"As result of the commencement of the CCAA process, The meeting of holders of Lightstream's common shares ("Shareholders") will still be held as planned on September 30, 2016"
On the 26th Sept the Company said that it has received an order from the Court allowing the Company to postpone our annual general meeting of shareholders ("AGM") to a date not later than March 31, 2017.
The Company has also obtained approval of our proposed sale procedures which are a continuation of the previously announced sale and investment solicitation process that commenced on July 13, 2016
Please do your own due diligence