Lanesborough Real Estate Investment Trust V.LRT.UN

Real Estate REIT - Residential

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 > Vote against reverse split and management

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Comment by quicksilver545on Jun 08, 2022 7:14pm

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Post# 34742016

RE:RE:Vote against reverse split and management

Agreed. We must push back against this consolidation as at 500:1, we will likely get nothing from our investment. I wonder if we could also push a motion to see the results of the previous debenture vote, as they never revealed the actual results after multiple failed attempts. I still can't believe that ended up passing as we went from secured debt to this POS.

Interesting about the board seat. I would certainly consider running or putting my name forward as a means of being a larger shareholder and representing unitholder interests.

I know there are some other larger holders here. If we all stick together and vote against this consolidation, we might be able to advocate and push for equity interests here

VOTE NO!!

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