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Bullboard - Stock Discussion Forum Lanesborough Real Estate Investment Trust V.LRT.UN

Lanesborough Real Estate Investment Trust is a Canada-based real estate investment trust. The investment properties of the Company are separated into three operating segments: Fort McMurray Properties, Other Investment Properties, and Held for Sale and/or Sold Properties. Fort McMurray Properties includes eight properties. Other Investment Properties include two properties. Held for Sale and/or... see more

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Bullboard (TSXV:LRT.UN)

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Post by Tslayeron Nov 18, 2024 1:05pm

Last Breathe

My broker, RBC Direct Investing, has 0.00 the last price, % change and market value of LRT. UN. They do this when a company is going through bankruptcy or creditor protection, with an eventual move to ...more

Post by alkhoron Sep 26, 2024 2:35pm

Arni's Bio

From the LREIT website: Arni Thorsteinson is President and principal of Shelter Canadian Properties Limited. He has over 45 years of experience in real estate development and finance. Mr ...more

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Comment by riverrrowon Sep 12, 2024 1:50pm

RE:RE:RE:RE:Is management threatening a cease trade?

We would probably need somebody with deep pockets that knew what they were doing to file a class action suit. That somebody was probably smart enough to be long gone. GLTA.

Discussion

Comment by BobTheKnob2on Sep 09, 2024 11:35pm

RE:RE:RE:Is management threatening a cease trade?

This management team and board of directors needs a class action lawsuit filed against them. There is too much damage done to everyone except for taking of the interests of Shelter/Manitoba and ...more

Discussion

Comment by BobTheKnob2on Jul 16, 2024 11:52pm

RE:RE:Is management threatening a cease trade?

I am guessing he plans to put the company into bankruptcy, so that he can buy the assets in exchange for the debt owed. But if the management and the same old crony directors were not friends of his, ...more

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Discussion

Comment by alkhoron Jul 10, 2024 11:55am

RE:Is management threatening a cease trade?

Arni is taking his ball and going home, sucking his thumb as he goes.

Discussion

Post by riverrrowon Jul 06, 2024 9:26pm

Is management threatening a cease trade?

If LRT.UN gets a cease trade ordered would anybody notice? It's not like it ever trades.

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Discussion

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Post by PressReleaseon Jul 04, 2024 6:02pm

New Press Release - LANESBOROUGH REIT PROVIDES UPDATE ON FUTURE PLANS AND ANNOUNCES RESIGNATION OF INDEPENDENT TRUSTEES

WINNIPEG, MB, July 4, 2024 /CNW/ - Lanesborough Real Estate Investment Trust ("LREIT") (TSXV: LRT.UN) today provided an update with regards to its plans for future operations following the failure by the holders of its trust units ("Unitholders") to approve a special resolution approving the sale...read article.

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Post by PressReleaseon Jul 04, 2024 6:00pm

New Press Release - LANESBOROUGH REIT PROVIDES UPDATE ON FUTURE PLANS AND ANNOUNCES RESIGNATION OF INDEPENDENT TRUSTEES

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Post by PressReleaseon Jul 04, 2024 5:19pm

New Press Release - Canadian Investment Regulatory Organization Trading Halt - LRT.UN

VANCOUVER, BC, July 4, 2024 /CNW/ - The following issues have been halted by CIROCompany: Lanesborough Real Estate Investment TrustTSX-Venture Symbol: LRT.UN All Issues: YesReason: Pending News Halt Time (ET): 4:59 PMCIRO can make a decision to impose a temporary suspension (halt) of trading in a...read article.

Comment by BobTheKnob2on Jun 30, 2024 12:01pm

RE:RE:RE:RE:RE:RE:Voting deadline for special meeting is today

The other alternative is to file a legal action against the company with the Manitoba Securities Commission and TSV Group as co-defendants. The action itself will probably be dismissed, as the MSC and ...more

Discussion

Comment by quicksilver545on Jun 28, 2024 2:19pm

RE:RE:RE:RE:RE:Voting deadline for special meeting is today

I agree with you Alkhor, needs to give us something, or else we will drag this out as long as possible. I'm not sure what leverage we really have though. Is the alternative just some kind of ...more

Discussion

Comment by alkhoron Jun 28, 2024 1:53pm

RE:RE:RE:RE:Voting deadline for special meeting is today

If Arnie wants to get his money out he is going to have to get rid of some of his greed. It would cost $3.4MM to buy out the unitholders at $0.005 each, 1/10th of what the debenture holders got. He ...more

Discussion

Comment by quicksilver545on Jun 28, 2024 12:57pm

RE:RE:RE:Voting deadline for special meeting is today

Im with you, Bob, but would want at least a few cents per share. I'll keep voting against every attempt to fleece shareholders until they can give us something of value. I see that the vote didn& ...more

Discussion