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Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or Sold Properties includes sold properties: five properties. The property portfolio of the Company consists of approximately 11 rental properties, encompassing 10 multi-unit residential properties, including the unsold condominium units at Lakewood Townhome.


TSXV:LRT.UN - Post by User

Lanesborough Real Estate Investment Trust > Any Debentureholders here?
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Comment by riverrrowon Dec 13, 2021 3:58pm
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Post# 34226424

RE:RE:RE:Any Debentureholders here?

RE:RE:RE:Any Debentureholders here? Hi quicksilver;  I voted no to the proposal.  I'm still under 10% but at these prices could get there.  Not to brag, but I think I picked up some debs at  $0.01.  What was that all about?  I was hoping that if the proposal goes through that I (we) could at least unload our millions of shares at least at 0.5 cents but where will the buying interest come from?  My guess is that we'll have to wait for a share consolidation before we can unload our shares.  I guess I should heed some of Bob's sage advise and double check the financials to see if the company makes any money if they aren't "paying interest" on the debs.  
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