Liberty Star Uranium and Metals Corp (LBSR)

[WillyburgD]

The offer remains open until $2M is raised or 2 months pass. Nothing said about putting funds in escrow and returning the money if a certain threshold is not met. There is no Securities Act or Exchange Act rules saying that if you want to raise 'up to' a certain amount, then you MUST raise that amount or return any previously raised proceeds.

To be perfectly clear:"When a company states that want to raise X amount in a set time period, that makes it a closed/all-or-nothing offering." = FALSE.