Lightstream Resources Ltd. LSTMF

Lighstream lawsuit -white law group

[lightscam]

https://www.whitesecuritieslaw.com/2016/09/21/investor-alert-lightstream-resources/

[Pancho2]

Wow!... Lightstream will be bugged down with lawsuits. "(Last Updated On: April 10, 2017) Lightstream Resources Investment Losses Have you suffered losses investing in Lightstream Resources? If so, The White Law Group may be able to help. According to their website, Lightstream Resources, LTD is an oil and gas exploration and production company focused on light oil in the Bakken and

[yu20]

Pancho22 write:Lightstream shares, which fell from a high of $9.03 each before oil prices started their slide to 10 cents a piece, were halted Tuesday ahead of a de-listing review after the company announced late Monday it would seek bankruptcy protection.--------------------------------------------------- Pancho: For the Class Action Suit to worthwhile. The White Group should let the

[BluSky23]

I'd be quite happy with $2.60....the book value before the excessive write downs that killed the value. Funny the trades the other morning that showed up were that value....$2..00 USD.

[yu20]

BlueSky: Here is my 2 cent. What was the share price of LTS. When  Management know that something is wrong with the company and they keep it to them self? And what was the share price when shareholders found out that the company is in trouble. I think that the difference between those two share prices is what White Group should fight for and not the book value.

[BluSky23]

I could live with that. What is your estimate? $1.10 down to zero, or $1.10 value for White Group to go after?

[yu20]

BlueSky: If your numbers is right. Then $1.10  White Group will have  to go after. Bear in mind you will have to own LST during that period (xxx-xxx=$1.10) for you to be a part of the Law suit. Because who ever Buy the stock after that they buy at

[afficheholderon]

What to expect as a common shareholder? Did someone contact White Group attorneys?

[DantesInferno]

This post has been removed in accordance with Community Policy

[Oldfart74]

Lightsream has no assets, not even a pencil.  Every asset was sold to Ridgeback in exchange for the secured notes payable.  The Receiver is in the process of winding down Lightstream. with regards to the White Law legal action, it relates to suing the US brokers etc for improper advice. "The White Law Group is  investigating the liability that broker-dealers and financial

[Pancho2]

OldFart wrote, "Lightsream has no assets, not even a pencil.  Every asset was sold to Ridgeback in exchange for the secured notes payable" __________________________________________________________  Again, OldShareholders will get their 2.25% of Ridgeback Its creditors received shares in the new firm based on how much Lightstream debt they held. https://www.cbc.ca/news