GREY:LSTMF - Post by User
Comment by
Oldfart74on Oct 12, 2017 3:41pm
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Post# 26806276
RE:RE:Recapitalization question for Pancho2
RE:RE:Recapitalization question for Pancho2Pancho2 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.