Lightstream Resources Ltd. LSTMF

RE:OldFart will get nothing for his 50 shares

[Oldfart74]

Pancho2 wrote:  The Recapitalization will result in the current holders of Common Shares holding approximately 2.25% of the estimated 100,000,000 New Common Shares of the Company anticipated to be outstanding after giving effect to the Recapitalization, plus approximately 7,750,000 Series 2 Warrants. Additionally, as a result of the approximately 88.29:1 (approximately 92:1 on a fully-diluted basis) Common Share Consolidation forming part of the Arrangement and the rounding down of fractional Common Shares and New Common Shares pursuant to the Arrangement, an existing holder of 89 (92 on a fully-diluted basis) or fewer Common Shares will no longer hold Common Shares, or any New Common Shares or New Series 2 Warrants, following completion of the Recapitalization and will not receive any consideration therefor.

Pancho, I have never owned any shares in Lightstream or its affiliates.  However, I should remind you that your basic premise wrong.  You keep relying on a press release that is almost a year old and that deal was superseded.  It is almost six months  since every asset of Lightstream was sold to a new company owned by the secured bond holders.  Have you seen one share in the new company?
You and I are in the same position - we will not receive a share in the new company.  In my case, it's because I was not a shareholder; in your case,  it's because the company is bankrupt (it can't even pay its unsecured creditors).