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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 Oldfart74on Jan 25, 2017 10:36am
118 Views
Post# 25752422

RE:RE:RE:RE:@bluesky sept 19

RE:RE:RE:RE:@bluesky sept 19
BluSky23 wrote: Who to go after. First thought is Adhoc Committee. But they threw out a decent offer in CBCA, and Muldrick took that out. So is Adhoc culpable of wrong doing? Second is Muldrick/Unsecured, they simply did not go for the plan of arrangement. Not smart, but not illegal. Third option is officers of the company, particularly Wright. Did he mislead the public? Any underhanded, unethical or illegal moves that either he made public that were wrong or misleading, or anything material he did not report that he needed to. I am thinking #3 is best option. Did Wright trigger Unsecured to file Oppression and help them to deny the plan of arrangement?

Remember the Mudrick lawsuit was filed in July 2015.  I felt they had a legitimate claim but at the end they lost.  The court decisions have clarified the law in complex situations such as this.  
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