Lightstream Resources Ltd. LSTMF

What do regular shareholders have to hope for?

[arkhouse]

Hi guys,

I got in as a regular shareholder back when the company was still paying dividends.  Stuck around for no good reason.  Probably because I'm not a savvy trader at all.

Whats a regular shareholder to do in this circumstance?  Is there any hope of the price going back up at all or is everything a wash at his point?

Thank you,

ARK.

[Pancho2]

Right now I am guessing the old Shareholders might get about 15 cents per share. The  good news is the Company is still alive and hopefully the value might go up again in the future. The bad news is these Crooks are still in control. Good luck !

[BluSky23]

The deciding factor as I read is if there was any remedy brought forward by the Oppression Litigation plaintiffs (unsecured) that had an adverse effect in the transaction. If the unsecured were treated as secured or if there were any sweeteners to close the deal, may impact the shareholders. I am hopeful that the transaction will be the replication of the July recap proposal, at least for the

[BluSky23]

Just read through the motion materials again. The brief of Argument, items 88-131 are very clear that the CCAA process will not allow any remedy for the unsecured from the Oppression Litigation. In other documents, their only recourse is to sue the officers of the company or the board. With all I read, I would not be selling my shares today for a penny. Just my opinion. Good luck.