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Bullboard - Stock Discussion Forum Lonestar West Inc. V.LSI

"Lonestar West Inc provides the technical application of hydro-vacuum, vacuum, water truck and auxiliary services to infrastructure and oil and gas customers."

TSXV:LSI - Post Discussion

Lonestar West Inc. > a new acquisition in the making
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Post by gilllis on Dec 06, 2013 2:32pm

a new acquisition in the making

this is only my guess, but after completing their equity financing and negotiating a higher line of credit, it is clear to me that they are contemplating making a new acquisition. Also, although they announced a very good quarter, the weakness in the stock in last weeks ndicates that a new deal is being cooked and to be paid partly by the credit line, partly by the issuance of new shares. Keep tuned. We should know soon.
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