Post by
Whatamidoing1 on Sep 23, 2016 10:14pm
This is new to me. Please explain
Ok when I bought my 100k shares of Lts at $0.12 I fully knew the risk that I could loose it. And from my understanding now is that there is a small chance shareholders could receive a little. But that is not very likely to happen. I noticed after the stock was delisted the bids and ask still kept changing.
Question one is there still people that want to buy this stock for some reason?
what are the odds shareholders receive anything? Like is there a 5% chance even or more like .0001% chance.
What at is the point of our annual meeting? if we're not allowed a say in anything now that it's gone to ccaa
Comment by
Kaybob on Sep 24, 2016 10:21am
chance of any value after secured, unsecured debt holders, debenture holders, unpaid vendors etc.etc. get done with things is zero. Shareholders the end of the line. They will get zero even if oil goes to $80 during the process. LTS so far under water.
Comment by
BluSky23 on Sep 24, 2016 1:34pm
Still baffles me how LTS showed over $2 equity per share, and company like LRE get picked up by the Chinese and not LTS. Comments?
Comment by
Kaybob on Sep 24, 2016 7:08pm
LRE had value. LTS showing $2 of equity was a joke. I seen that and totally ignored it. Must have been going off the old engineering reports. Management is a joke so lying about equity is no surprise.