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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 Oct 12, 2017 3:41pm
489 Views
Post# 26806276

RE:RE:Recapitalization question for Pancho2

RE:RE:Recapitalization question for Pancho2
Pancho2 wrote:
  I was stating what the old Shareholders would be getting 
  in this new recapped Company, Ridgeback Resources.

 I agreed they are taking their own sweet time in this restructuring while
 the Brokers are gulping up the shares.

 I think though, Ridgeback  should be called Richback Resources instead of
 Brokeback Resources , because they got the Company for nothing.



Nothing like relying on a press release that’s well over a year old which is supersed by events that culminated a year ago.  Nothing for the shareholders as the entire company was acquired by the secured noteholders in exchange for their notes.  
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