Yes Tim has taken over Lone Pine resources as reported earlier.
Probably no fault of his that that stock was over $1.00 a share he took over but massive debt has seen it fall to the hands of its debtors.
Interestingly enough the company is now proceeding with its much talked about $250 million legal suit against the moratorium on Quebec Shale.
http://grist.org/news/american-company-sues-canada-over-fracking-moratorium/
