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Bullboard - Stock Discussion Forum Lightstream Resources Ltd. LSTMF

"Lightstream Resources Ltd is engaged in the exploration and development of oil and natural gas in Western Canada. Its operating areas include Southeastern Saskatchewan, Central Alberta, and North-Central Alberta."

GREY:LSTMF - Post Discussion

Lightstream Resources Ltd. > Liars continue to lie
View:
Post by righand2 on Jan 01, 2017 9:58pm

Liars continue to lie

LTS shareholders get nothing, in spite of the lies being posted.
Comment by BluSky23 on Jan 02, 2017 12:15am
You need to show your proof of SH's getting nothing. Why is there zero reference to shareholders in any document, and why did Ridgeback fire LTS board, the board that LTS shareholders elected. I'm still a shareholder unless Ridgeback bought the company, took control of LTS, and assumed control. In this case, they owe me something for my shares.
Comment by righand2 on Jan 02, 2017 9:31am
Ridgeback owes you nothing. They bought the assets, and left LTS an empty shell. Read the news release, as it says LTS has no assets, and will be shut down. You own worthless LTS shares with no value. There is no doubt whatsoever that LTS shareholders got screwed, but you are not alone. A lot of companies went belly up and left their shareholders with nothing.
Comment by reefsandals4eva on Jan 02, 2017 9:34am
You bought a 0.55 and probably sold and lost your money, Don't spread B.S. because you don't understand what happened or what's going on.
Comment by Pancho2 on Jan 02, 2017 11:28pm
Lightstream is being transferred into Ridgeback, so you are right  LTS is now an empty Shell. But if you take some time to read the News Releases you will find out that the old Shareholders  will get 2.25% of the the new Company - Ridgeback. Nov 22, 2016 LTS said the Credit Bid submitted by the Ad Hoc Committee was successful ----------------------------------------------------------- ...more  
Comment by Sonofmshade on Jan 03, 2017 11:52am
For all the people who got screwed here - I hope you are right. But reality is that the game is probably up and has been set up so for quite awhile. I would not overcomplicate things too much here though as far as what has happened. This has been a methodical organized takedown of a company from its shareholders by the first debt holders in concert with management. Starting with the  rapid ...more  
Comment by Sonofmshade on Jan 03, 2017 12:02pm
PS - Oilman you a sad little c*nt. Keep rejoicing and posting on a stock board about many people losing millions of dollars. Maybe afterwards you can go troll some funerals and kick a kitten or puppy for some more entertainment.
Comment by oilman53 on Jan 03, 2017 12:21pm
Don't forget that I also made significant coin shorting that PO Garbage 4 times!  Love it
Comment by Pancho2 on Jan 03, 2017 5:07pm
Wel said,Sonofmshade.  I agreed, "This has been a methodical organized takedown of a company from its shareholders by the first debt holders in concert with management." Its very clear what the Company did and I hope this new formed JOST with  the Ontario Securities Commission and the Alberta Securities will do something. The JSOT team is comprised of investigators, forensic ...more  
Comment by Oldfart74 on Jan 03, 2017 6:52pm
Pancho, you now want the LTS Bullboard closed.  You must now realize that your numerous prior posts contained completely bogus info.     With regards to an investigation, the LTS situation was overseen by the Court of Queen's Bench.  An oppression lawsuit was launched by the unsecured note holders..  The judge dismissed their lawsuit; a request for leave to appeal the ...more  
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