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Re: None

Thursday, 05/21/2015 7:55:01 AM

Thursday, May 21, 2015 7:55:01 AM

Post# of 173235
6 market days until the next huge wave of toxic shares become eligible for conversion and the plunge into the triple zero range starts!

Since LBSR is desperately scratching around for money, there is every reason to believe that all $210,000 of the December 2, 2014 toxic loan has been used.

At a 5 day VWAP of .0015, 224 MILLION shares will be required in reserve to avoid a default. Current issued share count shows only 144 MILLION shares available.

If no additional money was accessed, the $125,000 last reported would require 133 MILLION shares at a 5 day VWAP of .0015. to be in reserve to avoid a default.

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