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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 kasparovismeon May 26, 2017 5:41pm
252 Views
Post# 26290662

RE:RE:Two Quick Questions For Other Shareholders

RE:RE:Two Quick Questions For Other Shareholders
. Lightstream LSTMF:US. Still trades Oct in us but not for any buyers in Alberta and Ontario. Cease Trade Order Citation: 2017 ABASC74 issued on May 8, 2017 due to failure of company to file annual audited financial statements .... For year ending Dec 31,2016 Now, Stay order expires on May 31, 2017 If shell is worth anything , which we think it is then hopefully receiver will direct that financials be filed once windup is complete. Then can be taken over by ridgeback for tax pools. Who knows what $ offer for shares. Note tax pools need to follow original corporation ownership. As well tied to original assets which contributed to tax pools must also be follow corporation. So ridgeback needs shares to use tax pools. And corporation can not use tax pools unless it has ties to original assets pools derived from. Other words. Worth nothing by ourselves, but together with ridgeback worth something to them.
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