Post by
Lawman1 on May 25, 2017 11:49am
Two Quick Questions For Other Shareholders
1) Other than the fact that LTS is toast on the TSX, does it trade anywhere else, and if so how do I get a quote (in Canadian $)?
2) Is there a class action in the works, and if so would someone have the contact info?
I'm a bagholder on this one also, and sure am not happy with how the scam was executed. Any feedback would be appreciated.
Comment by
Oldfart74 on May 25, 2017 1:33pm
It does trade in the US - symbol LTSMF. I believe this over the counter. I can see the trades on Stockwatch but you may a subscription. Today, Stockwatch reports 5400 shares traded; last trade at .0001
Comment by
kasparovisme on May 26, 2017 6:04pm
forgot to add that if ridgebacks end game is to go public in order to liquidate and get money out perhaps taking over Lts shell and name change via ccaa
Comment by
reefsandals4eva on May 27, 2017 12:23am
What is the "stay order that expires on May 31 2017", kasparovisme? Where do I find it?
Comment by
Oldfart74 on May 28, 2017 8:55am
Keep the dream alive. Lightstream is in the process of being wound down. Soon it will no longer exist. FTI retained some funds to pay creditors with valid liens. When that process is complete, the balance of funds remaining will be transferred to Ridgeback. The court will then declare Lightstream dead.
Comment by
kasparovisme on May 28, 2017 7:14pm
Hey if company is wound down and no outstanding lawsuits . She'll would be worth something to ridgeback as I expect them to go public sometime. After fianancials start to look good.and showing a decent profit. here's my guess Perhaps Oct - feb 2018 depending on oil price. Oct if price goes up sooner march at outside.
Comment by
Oldfart74 on May 28, 2017 8:24pm
My friend, if you think there is value in a company that no longer exists, you are dumber than a bag of hammers.