GREY:LSTMF - Post by User
Comment by
BluSky23on Jan 22, 2017 11:07pm
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Post# 25739863
RE:100 million shares
RE:100 million sharesGuys, I am in your corner and trying to figure this out myself. The information on Dec 8 said that the support agreement will be strictly followed. Trouble is, the support agreement says that the shareholders needed to vote for the offer to be replicated in CCAA. This makes me believe our shares are worthless. Big questions on my mind are 1) how could unsecured make such a reckless decision and screw themselves and all shareholders. 2) why are LTS shares still selling, though low and why would anyone pay money if worthless. 3) why is there no reference to LTS shares in the purchase agreement. Hope to find out soon, hope it's positive.