GREY:LSTMF - Post by User
Post by
quicksilver545on Mar 08, 2017 6:59pm
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Post# 25954153
Excluded Assets
Excluded AssetsI'm a deep value investor, and decided to look into this company to see if there was any value left.
After investigating a bit into the recent "sale/theft" by Ridgeback resources, I was curious to see if there would be any assets left in the shell.
What I found was a document detailing 2 "excluded assets" from the purchase agreement:
1. Partnership Interests in the LTS Resources Partnership and Bakken Resources Parternship.
2. Shares in the capital of 1863359 Alberta Ltd and 1863360 Alberta Ltd.
Not sure why these were excluded, or if they have any value whatsoever in the remaining shell, but was curious if anyone knew their worth.
Anyways, best of luck, and sorry to those of you that were common shareholders... By the way things went, I think there's pretty good grounds for a lawsuit.