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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

TSXV:LRT.UN - Post Discussion

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Post by Cbcdistressed on Feb 03, 2023 3:46am

It’s over

I expect they will announce another sell very soon. Nothing will be left for unit holders. The management suck this company dry... liquidating assets to the insiders in front of our eyes. 

I am lucky all the converted units are in my TFSA so I don't have to worry about the taxes. 

They fu*ked everyone. At this point I only hope the rest assets on the balance sheet will be sold below market value so that those asshol* can get their loan back and will suffer to a degree as well.

Comment by Cbcdistressed on Feb 03, 2023 3:47am
Can not* get their money back 
Comment by quicksilver545 on Feb 03, 2023 2:55pm
Yep we are being actively swindled